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Beyond that, you can also trade CFDs on some stock indices, commodities, government bonds and cryptos. However, stock CFDs and ETF CFDs are not available. To learn more about CFDs read our CFD trading tips. To have a clear overview of LimeFX, let’s start with the trading fees. To get things rolling, let’s go over some lingo related to broker fees. What you need to keep an eye on are trading fees, and non-trading fees.
LimeFX offers 3 types of accounts for traders. Interesting for us is only the Pro and VIP accounts. From our experience, it is not worth the classic account to open, because the fees are accordingly higher than in the Pro account. In the following text, we will inform you about the terms of each account. The free demo account of LimeFX is perfect for beginners or experienced traders.
Should I Choose LimeFX?
The users get access to competitive spreads and over-night swap charges. LimeFX has tied up with tier-1 banks for this facility. To start trading, the user needs to upload a colour copy of the identification documents and the proof of address documents. VIP Accounts, like LimeFX Pro, is also a commission-based type. The commission is charged on the per-trade basis and applies to the lower spreads.
When a broker applies for a license, certain criteria and requirements must be met. A violation of the policy means in most cases a direct loss of the license. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . Please note that all the material and information made available by BrokerChooser or any of its affiliates is provided to you for information purposes only. By investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk. You should engage in any such activity only if you are fully aware of the relevant risks.
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To add to that, there’s a web app you can use if you’re unable to download the actual client. It loses very little in terms of functionality and can Interest rate provide a lot in the form of convenience. I can say they are really have good spreads start from 1.2pips for EURUSD in their classic account.
The buying and selling specifications, such as the spread and leverage, are equal or better to the industry standard. That means you’ll have an easier time achieving financial success. The customer support is quick and attentive, eliminating extended waiting periods before your issues get resolved.
What Is The Minimum Deposit For LimeFX?
This section of our LimeFX reviews will look at the various kinds of trading account LimeFX offers. This variety gives the users a chance to trade as per their high risk capacity, budget, amount of time they can spend in trading, and trading goals. Moreover, the trading interface provides necessary details to help investors make informed decisions. In addition, the platform comes with multiple tools that help chart and view numerous time frames.
LimeFX UK Ltd is a regulated trading platform and holds licenses from CySEC, FCA, and FSA. In our research, we also investigated the customer service of this broker. This section of our LimeFX review will look at the quality of the customer satisfaction factor when one uses it. They are also allowed to access multiple asset classes while using many types of trading indicators.
- As for the LimeFX bonus, the broker offers multiple promotions to its clients, ranging from the $30 Welcome Account, Trader of the Month, and many more.
- The broker works with the popular MetaTrader 4 platform.
- When it comes to legitimate brokers and their commissions, fees, and spreads, every potential client has to ask themselves what they are comfortable with.
- Tried several brokers before but no one beats their trading signals and services.
- This is provided they have a portfolio the value of which is at least 500,000 euros, or they worked in the finance industry, in a professional position, for at least a year.
Unlike other major forex brokers, LimeFX offers mobile trading services for iOS, Android versions of the MetaTrader 4 app. As per LimeFX review, the broker fees and commissions vary based on the type. LimeFX offers three types of accounts, such as Classic, Pro, and VIP.
Actual LimeFX Promotions
Including many currencies from emerging markets. This is a huge advantage for those who are looking for an exotic currency pair for trading. For currencies, you can bet on falling or rising prices.
@LimeFX please I would love to know if any of these people are with you truly or they are scams pic.twitter.com/wmfsaHezVR
— 2020 (@NoBStwntytwnty) April 6, 2020
Experienced traders will find the platform very useful for trying several trading strategies which include hedging, arbitrage, trading options, and scalping without any restrictions. Users can get in touch with the support team via live chat, phone LimeFX Review: Is forex broker LimeFX Scam or Not? support or email. Securities Dealer by Seychelles’ FSA regulates LimeFX UK Ltd, which means that the client’s funds are given utmost protection and are stored in a separate bank account. LimeFX has tied up with tier-1 banks for this facility.
Major countries LimeFX covers include Germany, South Africa, Thailand, the United States and China. LimeFX is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as LimeFX you should be sure they’re legitimate online agent. The whole notion of regulation is to protect LimeFX traders and provide a safe trading environment. Investing online can be just as risky as any other kind of offline investment.
Bank transfer can be used from a deposit of $25. When getting paid, you have to withdraw at least $10. The processing time for deposits is up to 72 hours. There are different options available for depositing and withdrawing money. In addition, there is the double-price campaign. This is one of the time-limited campaigns that are offered again and again.
I didn’t seen any bad ticks or similar stuff. I tested few of them and LimeFX have best execution and spread. Moreover there never happen any suspicious event like stop loss hunting. Start by filling in the following form and a representative will contact you to provide all the information you need to know in order to get your chargeback process started.
FXCC Review 2022: Is This Forex Broker Good Choice For You – CryptoNewsZ
FXCC Review 2022: Is This Forex Broker Good Choice For You.
Posted: Tue, 28 Dec 2021 08:00:00 GMT [source]
When it comes to forex trading, this is a highly skilled broker service. Their excellence has been proven and tested by me and the other people I know whose using their services. I can say that Stock valuation they are one of the best in the industry. Tried several brokers before but no one beats their trading signals and services. Skilled trading brokers, they never fail to deliver good services.
Traders Reviews
LimeFX is a true NDD broker (Non-Dealing Desk) with well-known liquidity providers. It is traded herewith excluded conflict of interest between broker and customer. This is a big advantage as it is not a market maker. Regulations and licenses are important for traders and brokers so that a trusting relationship can be created.
We are talking about actual user feedback posted at sites such as Trustpilot, where actual traders share their experiences. This sort of raw feedback is never short on complaints, mostly concerning spread manipulation and withdrawal issues, and LimeFX is no exception in this regard. That said, many LimeFX reviews from customers are positive, and the big picture feedback-wise is still very much in favour of the broker. LimeFX offers three types of accounts for their clients, they are Classic account, Pro account, and VIP account, the last one accommodating users willing to invest serious funds. All the accounts are well suited for the beginner and expert trader.
Variety Of Trading Tools At LimeFX:
The designs for both platforms were very basic and easy to understand. In terms of speed, they load completely fast and don’t have any annoying splash screens so you can start trading right away. Here at LimeFX, our clients’ interests always come first. All subsequent trading accounts opened by you at LimeFX will be automatically classified as swap-free meaning there will be no need for contacting us again.
Finance Brokerage News LTD holds the right to stop the promotion at any given time. Confirmation email + phone call will be sent to his/her email provided during the initial registration process. The individual with the closest answer to the exact date and time when Bitcoin reaches $100k will win $20,000 worth of Bitcoins, directly transferred to his/her account. This promotion is offered to you exclusively by Finance Brokerage News LTD and your enrollment will be fully registered only after your full details are completed. Been dealing with them for almost a year and I am satisfied with the services.
The exact address of the company is 3, F28-F29 Eden Plaza, Eden Island, Mahé, Seychelles. As the Seychelles is an African country, you may hear this branch of the brokerage referred to as LimeFX Africa. The regulator behind the Seychelles branch is the local Financial Services Authority, which has granted the broker a license too (no. SD 008).
Therefore, users can diversify their portfolios to minimize risk and increase long-term gains. LimeFX takes security seriously and has multiple layers of protection to prevent your funds from being stolen. Their website uses SSL encryption that hides essential data like your username and password. Also, clients can enable 2-factor authentication to secure their accounts.