LimeFX RoboMarkets Review 2023: Is LimeFX RoboMarkets Right for You?

LimeFX had 2.9 stars out of 5 stars from its past and present users. Trustpilot is a trusted review website where people leave comments about their experiences with different software, companies, tools, and so on. More than one million comments are added every month on this platform from satisfied and disgruntled customers. We went through TrustPilot to get reviews from people who have used LimeFX. LimeFX has a pretty solid customer support system that allows you to reach out to them with your complaints 24/7. Their customer service comprises different methods for reaching them.

• For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount.
• This can be important if you want to move funds around quickly to try and capitalise on some market news.
• This approach can help you gain experience and confidence in LimeFX trading decisions.
• However, they don’t seem to show assets such as commodities, which is odd when looking through their menu.
• If a CopyFX trade only has 100 USD invested in a trade, why would you invest USD?

This limefx website page contains information about investing with LimeFX. It is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell securities or stocks. LimeFX claims that the Prime account type offers the most favourable trading conditions among all the options available at the company.

LimeFX Payment Methods

A quick execution enables users to trade without worrying about slippage safely. If you’re new to the world of online trading and brokers, so many facts will no doubt be perplexing for you. Getting into the world of online trading demands expert assessing skills and comprehensive knowledge. You will get adept at all of the concepts of trading online and brokers as you continue trading. For starters, you have to choose the right agent who will always be clear with you. Although LimeFX is not domiciled in a well-regulated jurisdiction like the U.K.

Once you open up your LimeFX account, you can trade in one of five currencies, including EUR, CNY, USD, RUB, and Gold. Meet Thadeus, a trading guru, brilliant writer, and financial fanatic with years of expertise in the industry. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries.

Can I try LimeFX?

With LimeFX, you have the freedom to choose from a range of trading platforms, various asset classes, multiple account types, and low minimum deposit requirements. In this review, Benzinga describes the numerous benefits that traders can expect from this award-winning financial brokerage company. They tick a lot of important boxes including a great range of platforms, lots of instruments and excellent support. You can trade a vast array of markets with excellent trading conditions.

This means that you can benefit from either zero-commission investing or raw-spread trading. Investors can receive up to 15% cashback on company revenue from spreads and commissions through the broker’s rebate program, with the percentage refunded based on trading volume. While the free monthly giveaway celebrating LimeFX’s 11th birthday ended in April https://limefx.group/ 2022, the firm runs a monthly demo contest with a prize pool of $6,000 shared amongst the top-performing clients. In addition to the aforementioned forum, LimeFX has a dedicated education section. This area is designed to help traders decide which account and trading platform are best for them, detailing the pros and cons of the MT4 and MT5 offerings.

Customer Support

This means that your deposits will be secured up to €20,000, which will be enough to cover most retail deposits. Overall, LimeFX goes to pretty significant lengths to make sure its clients’ funds are protected. Following hours of trading on the site, we can affirm that the trading tools on LimeFX are easy to use.

• The LimeFX MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the LimeFX platform to their needs.
• The task becomes even more daunting when considering the vast number of online brokers like LimeFX available, each with unique features, fees, and regulations.
• This is not considered a lot, and you will not even find the FTSE 100 here.
• Commissions and spreads at LimeFX start from $15 with variable spreads starting at 0.0 pips.
• LimeFX offers 6 trading platforms (including MetaTrader 4 & 5 and cTrader) and has some of the tightest spreads and lowest trading fees for brokers in its class.
• There is no cost or minimum volume requirements to use the R Trader platform and online 24/7 support is on hand to assist you.

All topics are covered here, and some interesting articles digress from traditional financial news. Taking a look at the Forex Analysis Section shows us that you can expect to find technical analysis for various forex pairs. Everything from cloud analysis to Japanese candlesticks is in the “tags” section, and you will only need to select what you want to filter out the rest. This is kept up-to-date, with about five analysis articles being published daily.

On the flip side, a spread denotes the difference between the buying and selling price. Funding or overnight prices are those that are charged when you hold a leveraged position for longer than daily. Of course, there is no sure-fire way to guarantee profits; thus, you should carefully assess your broker before you select them.

The LimeFX.com Website Quick Glance

You have access to the MetaTrader market with over 1,500 expert advisors (EAs) and technical indicators to choose from. Trading financial instruments such as cryptocurrency and foreign currency markets involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. To start the process of opening an account with LimeFX you can visit the LimeFX trading platform here.

LimeFX (RoboMarkets) offers 29, which helped contribute to the broker ranking #13 out of 62 brokers overall in this category. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. Many traders across the world select LimeFX due to their scalping services. They offer trading on MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps which allow this.

LimeFX is the best

For operations other agents fee for, they do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who often trade, such as daily or weekly trading. When you make an actual trade, like buying a stock or an ETF, you are charged trading fees. In these instances, you are spending a spread, financing speed, or a commission.

Lastly, you will need to remember that you will have to head to the profile section of your newly created account and go through the verification steps. You will need to do this step if you wish to withdraw any money from your account. Additionally, they state in the regulations section that the company (FSC Belize) follows the international AMl (Anti-Money Laundering) policy. We would say that because the availability of the regulation information of this broker is clear and thorough, they seem quite reliable. LimeFX has offices based in Belize and is regulated only by the FSC.

It’s specially offered while the industry volatility prevents customers from allowing their accounts go in the red. In such a scenario, LimeFX offers the ability to reset a customers account balance to zero. LimeFX is an excellent broker, and its own users can vouch for this. The highlight of this platform is its fast order execution on trades. LimeFX specifies on its official website that you are able to exchange real time stocks in a demo account.