As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. The one thing that MT4 is quite suitable for is automated trading because it is limefx scammers not dependent on the execution of precise technical analysis. I performed my tests on a Standard LimeFX trading account using the desktop and mobile app versions of the MetaTrader 4 platform.

This broker is ideal for traders seeking a wide variety of trading instruments, as LimeFX offers over 300 assets, including forex, commodities, indices, shares, and cryptocurrencies. Whether you’re a beginner or an experienced trader, LimeFX’s user-friendly access to the MetaTrader 4 platform allows for seamless trading across multiple devices with advanced tools and customizable features. LimeFX is a regulated broker operating underthe Seychelles Financial Services Authority and offering a wide range oftrading instruments, including forex, futures, commodities, shares, andindices. The platform provides traders with an intuitive experience andadvanced features, such as one-click trading and a range of technicalindicators. LimeFX also offers educational materials, multilingual customersupport, and four types of trading accounts.

LimeFX’s Non-Trading Fees

Hence, the company is still working on developing a strong brand name that is trusted internationally. It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection. However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place. Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection.

award-winning platform

Client funds are kept in segregated accounts, separate from the company’s operating funds. This segregation of funds ensures that even in the unlikely event of the limefx scammers broker facing financial difficulties, client funds remain protected and cannot be used to cover the broker’s liabilities. Additionally, LimeFX employs advanced encryption technologies to protect client data and transactions, ensuring that personal and financial information remains secure.

1. Clients of the brokerage firm can only take positions on precious metals like gold, silver, platinum, and palladium.
2. I only opened the account because I saw something about Martin Lewis recommending it, however he says he doesn’t recommend anything to do with investments, so that was obviously scam advertising.
3. Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides.
4. The broker offers multiple contact methods and strives to address queries and issues efficiently.
5. Traders who are looking to bring greater diversity to their portfolios and want to hedge risk are given a choice from a number of commodity options.

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Traders can access some of the most liquidfutures markets like the S&P 500, Nasdaq 100, Dow Jones 30, and more. Both deposit and withdrawal processes areprotected with the latest SSL encryption and other security technologies. Asthe broker is regulated, clients need to complete their KYC that is in linewith the Seychelles Financial Services Authority. LimeFX offers a wide range of payment methodsfor deposits and withdrawals. Clients can use credit/debit cards, bank wiretransfers, and e-wallets for making deposits and withdrawals.

Range of Assets

Versatility and quality are those pillars that ensure good development of a company and its fame in the community. With our Standard, Premium, Privilege and Cent accounts you can access CFDs on forex, metals, indices, commodities, futures and shares. The type of account that is right for you also depends on your risk tolerance, your initial investment size and the available time you have to trade on a daily basis. LimeFX incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions. MT4 provides a decent range of analytical tools and affords the execution of basic technical analysis, though its charting capabilities are rather cumbersome. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning LimeFX’s high level of fee transparency.

Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. LimeFX works with multiple payment services to provide its clients with maximum flexibility. Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. LimeFX does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply.

This hands-on approach allows us to assess the broker’s performance across key areas such as execution quality, platform usability, fee structures, and customer support. By engaging with the platforms ourselves, we provide insights that are both practical and trustworthy. LimeFX offers competitive spreads starting from 1.2 pips on Standard accounts. Spread rates may vary based on market conditions and the type of account selected. LimeFX offers several account types, including Standard, Premium, ECN, and Islamic (swap-free) accounts.