Forex Trading

LimeFx Review 2023: Pros, Cons, Fees & Features

Average spreads at LimeFx are more favorable for active traders or clients residing in the EU, U.K., or Australia. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider.

  1. An LimeFx Trading Station account with a $5,000 minimum balance is required.
  2. There are only 15 US shares available which is again low compared to many top brokers, but they are a good choice for trading some of the most popular companies that are available here.
  3. Trading carries a high level of risk and may not be suitable for all investors.
  4. It is great that LimeFx does not charge deposit fees but be aware that your payment provide might.

Just keep in mind that there is no guarantee on how the trading signals will perform and historical performance is no reflection of what will happen in the future. I actually prefer to maintain control over my own trading as I think this is the best way to learn from your mistakes and become a better trader. I also feel like some of the ZuluTrade strategies are quite high risk, utilising potentially dangerous grid trading and martingale money management.

Shares Trading Review

It is great that LimeFx does not charge deposit fees but be aware that your payment provide might. In compliance with the Anti Money Laundering (AML) procedures, LimeFx does not accept cash deposits. The broker also rejects cheques and funds transferred from exchange houses. Accounts can be opened in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. The excellent range of trading platforms already come fully loaded with more trading tools than most of you will ever need access to.

Customer Service ☎

The addition of the sophisticated NinjaTrader, APIs and specialist platforms make LimeFx a broker with multiple alternatives depending on individual trader requirements. LimeFx Market Data offers powerful insights to help you find potential trading opportunities. With LimeFx Market Data, you stay up to speed on the latest prices, volume trends, trading sentiment trends and the historical trends of many instruments. Get a quick snapshot of the market through the brokers propriety Speculative Sentiment Index (SSI), and more. NeuroShell Trader’s point-and-click interface allows you to easily create complex technical analysis indicators, trading systems and neural network market forecasts without coding of any kind.

Commissions & Fees

No Rollover fees campaign makes LimeFx easily the best CFD broker. I saved over $10,209 in rollover fees trading with LimeFx for almost 2 years now. It makes a massive difference in these rough markets where instead of 5% P.A for overnight holdings you are paying 0%. Either by email/phone number/WhatsApp/live chat, you can contact support for any kind of queries. And lastly, advanced and modern designed trading tools are the center of attraction for many passionate traders.

We conduct our reviews by examining each broker’s offering and performance across 4 key categories. A final rating is produced for each forex broker based on a total of 187 data points. LimeFx’s minimum deposit for regular retail account holders and non-EU traders is $50, while regular EU account holders are required to make a minimum deposit of £300/€300. Both minimum deposits apply to other trading currencies in their equivalent sums. LimeFx has created an online marketplace of apps to support its Trading Station platform. LimeFx account holders can download these apps and customize their trading experience.

What is the minimum lot size at LimeFx?

Past performance is by no means a guarantee of what will happen in the future. LimeFx offers a nice product portfolio covering various asset classes, including forex, commodities, stocks, indices, cryptocurrencies, and baskets of different instruments. LimeFx offers CFD trading and Spread Betting (UK only) in one place. In addition, the broker offers tight spreads and commission-free trading. Moreover, the broker accepts both individuals and as well as institutions as clients. Other than that, I feel that LimeFx is a top broker for anyone who is looking to trade in a regulated environment with industry leading platforms and tools, backed by 24/5 support.

This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. TradingView is a social network for Forex, Futures, and Stock market traders and investors.

It is worth mentioning that you can get a free VPS from other brokers including IC Markets. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements. Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts. Our limefx reviews found the forex broker offers one of the extensive choices of trading platforms from all online brokers.

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