Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them. Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process.
The broker provides live chat and email support, ensuring that help is readily available. Customer service limefx operates 24 hours a day, Monday through Friday, allowing traders to access assistance during market hours. LimeFX provides traders with access to the widely acclaimed MetaTrader 4 (MT4) platform.
Overnight Funding Fee
Whether you’re trading major currency pairs or exploring commodity markets, LimeFX provides the necessary tools and instruments to engage effectively in global financial markets. LimeFX is a regulated broker offering diverse trading instruments, including CFDs, commodities, currencies, cryptocurrencies, and indices. Licensed under CySEC, MiFID, and MISA, LimeFX provides competitive spreads starting from 0 with no trading commissions under limefx broker reviews its ECN XL account, making it an appealing choice for traders seeking low-cost options.
- Its competitive spreads, no trading commissions, and lack of a minimum deposit make it accessible to both beginner and professional traders.
- However, due to European regulations, this bonus is not available for clients from the EEA.
- The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
- LimeFX does not impose any minimum deposit requirements, allowing traders to begin with as little or as much as they are comfortable with.
Diverse Range of Tradable Assets
Yes, our LimeFX review experts feel that this online broker is secure. They are licensed by many respected regulatory bodies, employ ample data transfer and security measures, and possess a transparent track record of their financial transactions. Our experts however cannot recommend this broker over others from our trusted list.
LimeFX Review – Learn More About The Broker’s ECN Accounts & ForexTrading Conditions
In conclusion, LimeFX stands out in the competitive forex brokerage landscape by offering a reliable and transparent trading environment. The broker’s commitment to technological excellence, diverse account options, and client-focused services make it a compelling choice for traders seeking precision in their forex endeavors. LimeFX stands out as a solid broker choice for traders looking for a low-cost, regulated platform. Its competitive spreads, no trading commissions, and lack of a minimum deposit make it accessible to both beginner and professional traders.
How Does CySEC Regulation Affect LimeFX’s Overall Reliability Of Services?
While this type of fee is not unusual, LimeFX imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. On the downside, LimeFX’s high fees for most withdrawal methods are a disadvantage. The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals.
The broker’s strong regulatory oversight by CySEC, MiFID, and MISA, along with client fund security in Tier 1 banks, adds a layer of trust for its users. There are no commissions and tight spreads sourced directly from liquidity providers. While testing LimeFX, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips.
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