LimeFX reviews

Simply put, LimeFX is the gold standard in the world of brokerage. Real-time market execution and rigorous risk management are just two of the many important tools that are at your disposal. Traders in Namibia will also have unlimited access to a greater variety of markets in addition to the extra features and services made available by MetaTrader 5 Web, a more sophisticated version of MT4. After that, you will be required to provide the accounts team with documents to verify your identity and residential address, such as a scanned copy of your passport and a recent utility bill. This is a typical KYC process that is required by most modern forex brokers to protect clients.

Because there are limited base account currencies, Namibian traders could be subject to currency conversion limefx company reviews fees when they deposit or withdraw in NAD. LimeFX does not charge any fees when live trading accounts go dormant. MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever.

This service is offered worldwide, regardless of whether it is required by the regulators or not. You can expect market execution to happen in under 0.1 seconds. The spreads when trading here are also kept as tight as possible.

I loved the support services

The spreads for both the MT4 and MT5 accounts are floating and start at 0.7 pips. Clients using the LimeFXTrader, MT4 or MT5 account do not have to pay swaps. We’re thrilled you’ve had such a positive experience with our team and services. Your offer to collaborate with us, especially in Africa, is truly appreciated, and we’ll keep it in mind as we continue to expand.Thank you once again for your trust and support. We look forward to continuing to serve you with the same level of dedication that you’ve come to expect from LimeFX.Kind regards, LimeFX Rep.

Inactivity Fee

LimeFX reviews

This wasn’t good, and we’d like to see LimeFX improve greatly in this department. LimeFX also offers the chance to trade energy products like Texas Crude, Brent Crude, and Natural Gas. The big changes in MT5 are increased charting options, such as timeframes and lesser-known technical indicators. LimeFX only has a spread-only account, meaning no commissions are charged in addition to the spread. Steven Hatzakis is the Global limefx review Director of Online Broker Research for ForexBrokers.com.

  1. I personally like to maintain full control over my trading as I feel like you can become a better trader in the long run when you learn from your mistakes.
  2. You can expect market execution to happen in under 0.1 seconds.
  3. All of the same withdrawal methods are also available as your deposit method.

Its dedication to security is shown by its multi-layered strategy to protect customer cash and information. The broker uses strict data encryption techniques to safeguard sensitive personal and financial information supplied across its systems. Incorporated into the spread, offering cost-effective trading for CFDs. LimeFX offers attractive pricing, with clear and understandable fees. The difference in leverage depends on the product trading, and where you’re located on the globe, due to which regulatory guidelines apply to your account.

Mobile trading apps

These include the SP500, Nasdaq, French CAC40, and Australian SPI 200. It is a similar story for credit card deposits, which seemed only to be available for certain countries, VISA for example appears only available for clients in the EU – very odd. Saint Lucia allows companies to self-regulate as long as they comply with the country’s laws. This means clients with OctLimeFX don’t have any form of regulatory protection so you can only trust LimeFX operations meet the standards you would hope. As this subsidiary is not regulated, OctLimeFX can be called an offshore broker.

Copy Trading Review

One day, I hope to have the opportunity to collaborate with you. If you’re ever in need of someone to work with in Africa, I’d be honored to be part of your team.What really sets LimeFX apart is the speed and efficiency of their withdrawals and deposits. LimeFX has proven to be a key player among global brokers—reliable, fast, and innovative.

I feel that the platforms should have more than enough tools for most of you to get by. You can also find loads more of free and paid add-ons to further enhance their capabilities. There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited. That being said, it is nice to see that LimeFX have a good selection of useful trading tools that can be used for trading signals, market analysis and risk management.