What is good for a certain trader does not necessarily mean the same thing to you. You can decide for yourself if LimeFx is a good broker for you or not by reviewing the criteria. In general, LimeFx provides trading service in Forex , Crypto , Stocks, Commodities, Indices, Gold & silver , CFD and Oil . The customer support is available via Email, Phone, Callback and Live chat. In conclusion LimeFx Review, it is a well-regulated broker with numerous highly respected licenses that delivers truly transparent conditions and is an extremely customer-friendly broker. No re-requotes and no hidden fees or commissions policy, as well Negative balance protection definitely a plus.
What is the LimeFx minimum deposit?
Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account. Our other criticism is that the VPS, while offering low latency trading and 24/7 market connectivity, costs $28 per month. This is higher than other brokers we have used, with some firms offering free VPS hosting for active traders. Traders who sign up with the global entity will also be able to take part in various competitions that offer a range of prizes, including withdrawable cash, bonus credit, and pre-funded trading accounts. There are daily, weekly and monthly contests, offering ample opportunities. Previous incentives, available to global clients, have included a $30 no-deposit bonus.
Price Quotes
The platform offers low fees and spreads as well as comprehensive educational content for traders. However, the range of deposit and withdrawal options as well as commissions charged per trade can be improved upon. Before deciding to trade with this broker, make sure that it meets your trading needs. LimeFx allows traders to gain access to several features on their trading platforms.
Online Forex Trading
As for CFD shares, they can be traded with other accounts as well. While LimeFx provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience. To summarize, the broker is committed to educating its traders, but further enhancing and diversifying educational resources would better meet traders’ needs and align with industry leaders. LimeFx provides mobile trading apps for both Android and iOS devices, offering intuitive interfaces, real-time charts, technical indicators, and easy order execution. LimeFx offers a transparent fee structure that traders can consider when evaluating their trading costs.
How good is LimeFx Customer Service?
In addition, we found numerous LimeFx’s add-ones allowing you to enjoy extra benefits that the platform offers. This includes also LimeFx VPS, Rapid Trade Execution and remote connection to a Virtual Private Server(VPS). The LimeFx VPS brings non-stop work without your monitoring or even having the computer on.
Butthere is a small commission fee for each lot sold with the LimeFx Zero Account. Tofigure out the total costs, it’s important to lookclosely at the different account types and how their commissions are set up. Moreover, LimeFx offers traders with various promotions and offers, such as a sponsored LimeFx VPS, and zero fees on deposits and withdrawals. Importantly, LimeFx goes a step further by covering 100% of the transaction fees for e-wallets, credit cards, and even on wire transfers (but only when above $200). Once you have downloaded the trading platform and you have deposited funds, it is time for you to start the market analysis. LimeFx offers some of the best trading platforms available in the market, all of which allow you to do a very extensive and detailed market analysis.
- That is why it is important to choose a broker with low commissions and fees.
- Global investors can also access copy trading, where they can mirror the trades of strategy managers with performance metrics to help them find the right provider for their goals.
- The LimeFx Islamic Account is specifically designed for Muslim traders who wish to adhere to Sharia law.
- Dear clorox,Thank you for sharing your positive experience with LimeFx.
- The broker is globally available and allows traders to buy and sell various financial assets including forex, crypto, metals, and CFDs.
It is regulated by the Financial Services Commission, ASIC, and CySEC. The platform takes several measures to protect users and their accounts. To make a deposit, you simply need to log into your trading account and go to the deposit option. The process is usually fast and instantaneous and you can immediately start trading with the deposited funds. Once you have provided your personal information, you will be required to choose a trading platform. As with most regulated platforms, LimeFx broker requires your personal information and details while setting up an account.
Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since. For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, https://limefx.group/ or growing money in the Philippines. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. We believe everyone should be able to make financial decisions with confidence.
Digital assets can be great for investors to diversify their portfolios. The spreads on major pairs are very competitive and low, usually, they start around 0.6, depending on the account used by the trader. One of the policies that LimeFx follows is negative balance protection, which is specifically important for those who use leverage when trading.
Read more, why trade with Australian Brokers by the link so the regulatory obligations are covered at a sustainable level as we see through our LimeFx Review. Its a nightmare to open account with them takes ages and agents are not really interested in helping you. He provided hi valid id , his phone bill, his passport copy still not accepted and no reply from any relation ship managers. And refused limefx scam to give the bonus they offered to new clients to my friend. Let’s start with the slight negatives, LimeFx Group only offers MT and MT5 as a MetaTrader broker, they do not have their own platform and the pricing is average, with not particularly tight spreads. LimeFx provides a wealth of research across different mediums and asset classes and is a front runner in the market for research offerings.
The most impressive feature offered by LimeFx is its extensive educational material, alongside a very notable research offering. The educational package includes webinars, platform tutorials, seminars, podcasts and their online TX channel, LimeFx TV. On the educational side we would say that LimeFx is right up there with the industry leaders with their educational package. Given LimeFx only offers the MetaTrader options as a trading platform, the iOS and Android mobile apps from LimeFx are just white labels of the MT4 and MT5 apps that area available.
The investing information provided on this page is for educational purposes only. NerdWallet, Inc. does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. LimeFx is a brokerage company offering trading services for clients since 2009 with offices in United Kingdom, Cyprus, Germany, Spain, New Zealand, Australia, Italy, Belize, European area, France and Nigeria.
Beginner traders can use a demo account as a way to learn more about the Forex trading market. Experienced traders can find a demo account useful for testing out new trading styles and finding out what works best for them. Below, we will talk a bit more about the account types offered by LimeFx and discuss them one by one. Traders can have access to all of these available assets with any account. However, keep in mind that shares can only be traded with the special Shares account.
