LimeFX Review 2022: Scam Or Safe? Fees & Leverage

The broker provides ample educational resources through articles, videos, courses, eBooks and tutorials, and market research options through an economic calendar and earnings season calendar. A Forex broker like LimeFX provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers.

Spreads are quite reasonable, customer support works really professionally. Their phone number doesn’t work and any email limefx official site is replied with an automated email. The conditions are excellent, the spreads are also good, the leverage is reliable.

  • In fact, all of the available platforms allow pro-level traders to use powerful charting tools and execute algorithmic trading.
  • You can also continue using this account for as long as you want, giving you a great opportunity to test trading strategies and analytical tools.
  • Traders need to deposit initial changes at the time of the account opening process.

The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the LimeFXpanies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff. The three deposits of the accounts differ as the silver account has $250, the gold account has $5000 per day, and the platinum account has $10,000 per day as minimum deposits.

If there are some problems, traders can consult customer support. Hence, making this platform an excellent educational center and support system for clients online. LimeFX offers good trading conditions for the advanced traders of the Forex market.

All clients’ profits belong to them; consequently, a trader can trust this good broker. Always remember your capital is at risk and you should only trade with money you can afford to lose – do not borrow money to fund your trading activity. Almost all expert advisors and robots are compatible with MT4 and the platform is user-friendly and can be customized to fit your needs. Our LimeFX https://limefx.vip/ reviewers agreed that this further proves that the broker caters to all skill levels and budgets. Card and e-wallet deposits are usually instant, whilst bank transfers can take between two to five business days, depending on your bank. LimeFX process all withdrawal requests within three business days, although our reviewers found that they are often completed much sooner than this.

Analysis features of the trading platform: high level of customisation

Legit broker with fast withdrawals, decent leverage, and really helpful customer support. With various methods to deposit and withdraw the funds, a trader can decide as per their choice. It has bank wire transfers, credit and debit cards, and e-wallets to make the payments. The accounts of LimeFX have different features, and this calls for various minimum deposits. In addition to being licensed and regulated by both the ASIC and the FMA of New Zealand, the financial service provider has experience and is a popular option within the CFD trading industry. Since launching in 2019, LimeFX has also won various awards and accolades.

During our LimeFX review, we tested dozens of technical indicators, automated bots, and charting tools. With the intention of providing service to all the traders regardless of their LimeFXs, LimeFX offers different products. Their products include but are not limited to Forex, Crypto, Commodities, Shares, Metals, and Indices. Another very valuable additional service, in our opinion, is the extensive customer education and training portal. The wide range of self-paced courses, on-demand training, explainer videos and eBooks are invaluable to those who are committed to life-long learning in the area of online trading.

Customer Support at LimeFX

Platinum offers numerous advantages and is designed to aid such traders with trading opportunities. The financial services company provides complete trading independence, with no deposit fees and no hidden or extra charges. LimeFX allows clients to focus completely on learning about trading in the financial world, rather than worrying about hidden fees interfering with their top-tier trading performance. The vast majority of resources are geared towards beginner traders. You will find platform tutorial videos and introductions to basic trading concepts and strategies, both in written and video form. In our LimeFX review, we liked the account tiers the least.

  • At least 50% of the required NTA must be held in cash or cash equivalents and any remaining balance must be as liquid assets.
  • CFDs also help a great deal in trading in this financial market.
  • They are definitely a broker for the future and are highly recommended.
  • LimeFX provided a good range of financial instruments which high leverage.
  • If a trader wants to diversify their portfolio, there’s no better place than HFTraing.

This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. Execution-only brokers, who do not involve in personal LimeFX advice and give traders limefx website complete control over how they trade the markets, usually charge lower commissions. A forex account is a trading account held by a trader with a company like LimeFX, that is issued with the primary purpose of trading through its platforms. To trade with LimeFX, you need to deposit $250 or more.

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They managed to sort out a slight glitch we had experienced when signing up. Once we were setup and ready to go, place the minimum deposit and start trading profitably. This is again lower than the brokers we’ve been recommending here. So far, we think LimeFX is the cheapest broker to trade with because traders are paying lower spreads. LimeFX is a broker that believes that with their educational items such as videos, tutorials and guides, traders can get the best experience and results from trading. If you have a good amount of budget and want a quick high return on LimeFX, then the platinum account will be a good choice.

LimeFX forex brokers reviews

Despite only offering MetaTrader 4, our reviewers found that a proprietary platform was not missed as MT4 can be used on multiple devices. The variety of account types and payment methods also make the broker convenient for all skill-levels and budgets. Yes, after an in-depth review of LimeFX, our experts agree that this is safe to trade with LimeFX. LimeFX is licensed and regulated by both the ASIC and the FMA.

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The brokerage provides an order execution speed of 0.04 seconds, which our LimeFX forex review found to be accurate. The platform supports all order types, including instant, market, pending and trailing orders, and, as already mentioned, there are easily automated stop loss and take profit options. LimeFX offers some attractive trading conditions, including zero commissions, tight spreads, generous leverage and very few hidden extras when it comes to account fees. As always, when a broker offers a zero-commission trading model, profits are taken from the spreads. Spreads at this broker are competitive and depend on instruments being traded, the account type you hold, and market conditions. Minimum and typical spreads for each instrument and forex pair are displayed on the website.

The only thing which I do not like is They do not offer MT 5 trading platform. They offer cryptocurrencies, commodities, indices, and many more. Their account opening process is also very quick and easy. The independence and decentralized entity ensure you trade it fearlessly without external interference. The broker allows you CFD trading, which opens several markets for LimeFXs.

Notably, the forex broker is renowned for its forex trading through its trading accounts. LimeFX offers access to the world of market volatility through its mobile trading app. Search by account type, minimum deposit, and maximum leverage in 2,000+ forex brokers. LimeFX offers user-friendly and highly functional trading platforms which are MetaTrader 4 and WebTrader.

Spreads are tightest on major pairs, but this broker also offers a range of minor and exotic pairs with slightly higher spreads. As always, spreads depend on market conditions and liquidity. This makes LimeFX a good choice for traders who want to specialise in cryptocurrency trading and have access to a wider choice of currencies. While there are certainly brokers out there with more assets to choose from, we were impressed by the choice at this relatively new online broker. LimeFX is a fully regulated and licensed online broker, serving clients from Australia and New Zealand. The broker has over 350 instruments available to trade as CFDs and offers excellent trading conditions.

The brokerage firm is highly transparent and safe for all traders. The platforms and account types aid in reaching you to the aim. LimeFX Mobile trading platform is the world’s biggest invention for advanced traders. They are always connected with the world of financial markets even when they are away from their desktop or laptop. LimeFX has a mobile application for providing non-stop access to trading. Through this mobile app, traders can access markets from anywhere.

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