Sanjay has always been a valuable member of our strong customer service team. We are very happy that our service meet your expectation and will continue to keep it up for our customers. We are much thankful for you taking the time to evaluate our service, Raj K! We put great effort into ensuring that our clients are assisted promptly and effectively, and we are glad to hear that this was the case with your experience with Daniel as well. If you ever need anything else, you know where to find us. As a client-oriented broker, we are always happy to read feedback like yours.
The range of products available to you will depend on the entity of your trading account. Cryptocurrency trading is available at LimeFx through CFDs, but not available through exchange trading the underlying asset. The LimeFx Group is headquartered in London (UK), offering dedicated customer support service regardless of clients’ location through a global chain of offices situated in Germany, Australia, France, and Italy. Additionally, through the various affiliated offices, the broker provides access to the residents in Greece, Israel, and South Africa, thus becoming a truly global broker.
Overall LimeFx Ranking
With LimeFx, you pay only the floating spread to trade indices and commodities, while enhanced index CFDs allow you to trade without stop and limit restrictions or re-quotes. See below the average spread costs on CFDs, and other fees like funding fees, yet for the most accurate data check the official website or LimeFx platform. On the negative side, which we think are not so many, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis. Also, the broker might not be suitable for futures and options traders due to the lack of these assets. In January 2015, Leucadia has become the economic owner of LimeFx.
- I recently came back to their platform and have to say that their service has improved.
- Our LimeFx review found the forex broker offers one of the extensive choices of trading platforms from all online brokers.
- This includes an economic calendar, live forex charts, and the latest market news.
This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders. LimeFx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUDUSD and AUDJPY currency pairs. The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority. Besides all the benefits provided by this broker, we noticed that the range of instruments offered might be not enough for some traders, also the availability of certain assets depends on the entity.
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Commission-based pricing is applicable to Active Trader account types. An Interest-free account is targeted at Islamic traders who are forbidden from earning (or paying interest) as it is forbidden by Sharia law. LimeFx add an extra 0.4 pips to the spread for Standard accounts and a $2.00 commission per lot (per side for commission-based accounts in place of overnight fee or swap rates. https://limefx.name/ The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs. Other account types available include an Interest-free account, which is designed for Islamic traders who can’t pay swaps. We strongly recommend LimeFx broker for both beginner and professional traders.
What Can You Trade On LimeFx?
We understand that bots and FAQ pages may not always provide the personalized assistance you need. If you have any more questions or concerns in the future, please don’t hesitate to reach out, and we’ll be here to help. Some of these shortcomings include instances where
investors are forced to manage multiple accounts across various multi-asset
brokers. Some of these shortcomings include instances where investors are forced to manage multiple accounts across various multi-asset brokers. LimeFx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.
Minimum Deposits and Funding Methods
Commissions with most other brokers are $7.00 round-turn, while Active Traders can be as low as $5 round-turn. If you subtract 0.2 pips from each spread, then the spreads appear to be more competitive. Active Traders commissions can be less than most ECN brokers once you factor in that LimeFx has lower commissions.
The vision for Tradu involves attracting a broader
audience, including equities and crypto traders. A distinctive feature is the
integration of an e-wallet solution. The Stratos Group plans to consolidate functionalities
like payments and daily transactions into the Tradu app, eliminating the need
for separate accounts across various platforms. Tradu will be available in the United Kingdom in December and then focus on global expansion over the consecutive months. On its website, the platform only registers interested traders and investors with basic information for future correspondence.
LimeFx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. People who write reviews have ownership to limefx scam edit or delete them at any time, and they’ll be displayed as long as an account is active. Thank you so much for taking the time to leave us a 5-star rating, Ronald!
LimeFx Group is a global leading provider of online Forex, CFD and other trading related services. With this in mind, LimeFx’s mission is to provide increasing levels of quality pricing, transparency and execution services to its traders. Our LimeFx review found the forex broker offers one of the extensive choices of trading platforms from all online brokers. Not only does LimeFx offers a choice of 4 trading platforms (2 of them the best social trading platform) the broker also offers 7 speciality platforms. LimeFx, also known as Forex Capital Markets, is a global forex provider trading with various LimeFx entities in the UK, Europe, Australia and South Africa.
Also, always count overnight fees or swaps (check out swap-free forex brokers) as a trading fee in case you follow a swing or long-term trading strategy, while active traders will get discounted pricing as well which is always good. We appreciate your feedback regarding your experience with our platform. Your input is invaluable, and we are dedicated to enhancing your user experience. To better assist you please feel free to call our customer support line or visit our Live Chat so we can provide you with a walk through on our Trading platform.
As we strive to excel in our industry, we are honored to have clients like you. If there is anything more for which you may require our assistance, don’t hesitate to contact us. Although it took a while to get to the bottom of the technical issues I was having after the LimeFx app was updated, eventually the problem was resolved. Once I understood why it was taking time, then I was happy to wait.
If you ever want to share any preferences or suggestions, we’d love to hear you out. Your review is important to us and the abundance of substance in it is greatly appreciated. We will make sure to let the agents know that you are happy with their work.
If you ever want to share any thoughts or preferences, we are always happy to hear more about what could make your experience even better. Slippage can make a big difference to your trading success. Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change. The changes are called slippage and can be positive or negative. As a trader, you want pricing certainty and execution certainty.
When comparing the spreads to other brokers, FXTM at first glance appears to have only average spreads. While LimeFx is competitive when looking at the EURUSD, USDJPY and even AUDUSD currency pairs with other brokers and poor when comparing EURGBP, GBPUSD and EURJPY to other brokers, the following consideration needs to be kept in mind. LimeFx allows leverage trade of Forex and CFDs, this tool brings an advantage even on the smallest market moves. In simple words, leverage is a credit shoulder that is given by the broker to your trading account with the purpose to multiply the trading size of your positions.
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