LimeFX Reviews Read Customer Service Reviews of LimeFX com 6 of 43

The only requirement is the minimum deposit needed to download the robot from the website. Most of the robots become available for $1000 accounts, with some bots requiring $2000 and even $5000 deposits. Some traders prefer scalping strategies, while others prefer to open trades for days. Because of this, brokers should offer different account types to appeal to all trader types. Scalpers prefer the lowest spreads, while day traders want to trade with lower overnight costs and smaller commissions. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.

Deposit and Withdrawal Fees

1. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.
2. Overnight fees, or swaps, are payable when positions are maintained open for more than 24 hours, and the costs vary depending on the item exchanged.
3. Learn more about forex trading by checking out Forex Trading Course covering how to start forex correctly.
4. After this process is done and everything is verified, users will be able to withdraw their funds.
5. Just like with the analysis, this can be a good way to get some inspiration for your trading activity so you can make informed trade decisions.
6. While there are no deposit fees, withdrawals come with a charge and are the most costly via credit card.

MetaTrader 4 and 5 can be used on all devices as well, offering both desktop and mobile apps. They offer the flexibility of using the same credentials for all devices, making it convenient to monitor your trading activities from anywhere. But mobile apps come with downsides as they are generally limited by the number of available indicators and analysis tools. LimeFX earned the highest limefx scammers score in the research category with a blend of actionable in-house analysis, innovative tools, and trade ideas from Autochartist.

Analysis of Brokers’ Main Features

LimeFX offer soft and hard commodities, as well as metals and other goods. There are 18 total commodities available as of now including oil, coffee, corn, wheat, and many others. No matter the economic status and situation, raw materials are always important and affect the economy of all countries. Their price depends on supply and demand, and global events such as wars can greatly affect them. For example, the Russian aggression against Ukraine caused fears of global famine, as both countries are large suppliers of both oil and wheat.

Withdrawal big amount less than 1 hour

MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. LimeFX also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based ECN account.

How long does it take to withdraw money from an account at LimeFX?

I am always impressed when a broker takes the time out to address any concerns although of course, it would be even better if there weren’t such concerns in the first place. The broker offers expert daily and monthly analytical articles and reviews to help you stay on top of important market events and refine your strategy using the analytical reviews from experts. I found this to be a good way to get inspiration for some possible trade ideas that I may have otherwise overlooked.

The three commission-based options feature relatively high trading fees, between 1.3 and 3.0 pips or $13.00 to $30.00 per 1.0 standard round lot for a minimum deposit of $100. The commission-based ECN alternative delivers competitive costs with raw spreads from 0.0 pips for a $5.00 commission and requires a $200 minimum deposit. The education program includes a basic course with numerous in-depth modules such as First Steps, Trading Platform, Forecasting, Conducting Transactions on Forex Market and about CFD Trading.

This step makes sure you have a verified account to be limefx forex broker able to withdraw funds easily. Users are required to complete verification before they can deposit funds with LimeFX. An ID or passport will do the job, and documents should be valid and issued by legit government authorities.