Additionally, the broker facilitates 24/7 cryptocurrency trading via the MetaTrader 4 and MetaTrader 5 platforms. Venture into a world where trading conditions are supreme, harboring hundreds of assets and offering an expansive array of trading options. LimeFx withdrawal fees vary on payment method.LimeFx does charge a fee for inactive limefx reviews accounts. Compared to other brokers, LimeFx offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow. As part of our LimeFx review, we review customer service options, response times and problem resolution effectiveness on the LimeFx trading platform.
Both men have spent more than 10 years in the financial services industry and have established LimeFx as one of the top online brokerages. The company is well-regarded in the industry and has earned an excellent reputation for providing reliable services to its clients. Payoneer, an American financial services company, offers online money transfer and digital payment services.
- LimeFx may ask for additional information on a case-by-case basis.
- It addresses varied financial needs and preferences, allowing users to navigate and prosper in the trading ecosystem with tailored strategies, safeguarded investments, and transparent fee structures.
- Its journey, spanning over a decade, has been marked by a relentless pursuit of service excellence and innovation.
- We do not recommend or advise that investors buy or sell securities or stocks.
- Ensure that Plus500 allows you to focus on the type of trading that you want to focus on.
- The customer service team is multilingual, catering to the global clientele of the broker.
Withdrawing money from LimeFx processing time varies depending on the method but averages 1-5 days. After extensive research over several years, we have compiled a list of the most effective LimeFx alternatives available today. If you are unsatisfied with LimeFx or want to explore other options, we recommend checking out our carefully curated list of highly-rated LimeFx alternatives. Follow the links below to learn more about these LimeFx broker alternatives and choose the one that best suits your trading needs. It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Explore the LimeFx platform and train yourself to think systematically and logically about the markets.
You can sign up for a demo account to acquaint yourself with LimeFx platform. Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available. Through the LimeFx website, traders can access more tools to aid their trading. This includes daily analytics, cryptocurrency-focused articles, and dividend and rollover information. MetaTrader4 is available for use on mobile devices, PC and the web and is preferred by the more experienced traders in the market. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.
What funding methods do LimeFx accept?
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Between 74-89% of retail investor accounts lose money when trading CFDs. Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe,
Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years of experience in financial analysis, forecasting,
and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.
The fixed-spread account starts with minimum spreads of 3.0 pips, or $30.00 per 1.0 standard round lot, versus the floating-spread alternative of 1.3 pips or $13.00. Both are expensive, but the commission-based ECN option shows raw spreads from 0.0 pips for a commission of $5.00 per round lot. LimeFx is also a member of the Hong Kong-based Financial Commission, which has a compensation fund of up to €20,000 per client. Verify My Trade and Autochartist company verifies and audits order execution monthly, which traders can access.
Online broker with the
Account verification is mandatory at LimeFx, as it complies with global AML/KYC requirements. Most traders will pass it by uploading a copy of their government-issued ID and one proof of residency document. LimeFx may ask for additional information on a case-by-case basis. MetaTrader 4 is universally acknowledged as a superior trading platform, esteemed by novices and professionals alike, due to its symbiosis of convenience and functionality. This website is using a security service to protect itself from online attacks.
Is LimeFx a market leading broker?
It has an intuitive interface with an array of functionality to perform plenty of trading actions from chart analysis to multiple order types. MT4 offers a good combination of convenience and functionality for trading online. LimeFx has four account types, one being a dedicated cryptocurrency trading account. 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.
Plus500 Trading Platforms
Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring LimeFx’s platform. LimeFx also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. We aim to provide you with all the information in this LimeFx review you need to determine if LimeFx is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LimeFx, so you can make a more informed decision and compare other brokers against LimeFx.
This affiliation accentuates LimeFx’ commitment to maintaining transparency, integrity, and ethical conduct in its operations. It also serves as an assurance to clients, offering a robust Compensation Fund covering up to €20,000 per trade claim, acting as a financial cushion and reinforcing client trust. LimeFx grants its clients a gateway to an elaborate https://limefx.biz/ spectrum of over 550 trading instruments. This vast repertoire includes currencies, metals, indices, commodities, ETFs, stocks, bonds, CFDs, and cryptocurrencies, fostering a diverse and flexible trading environment. I had no doubts when opening an account, I studied the reviews about the company, so I knew that the LimeFx broker was reliable.
Does LimeFx offer demo accounts?
Moreover, since 1 August 2018 The European Securities and Markets Authority (ESMA) has placed investor protection measures on the marketing, distribution, or sale of CFDs to retail clients. With LimeFx you can have access to both variable and fixed spreads. The cost of trading depends on different factors like commissions, spread and margins.
It’s important to note that features may vary depending on the specific account type and jurisdiction. Traders should review the details provided by LimeFx to understand the full scope of features available to them. LimeFx also offers free access to the AutoChartist service and signals and copy trading. LimeFx offers several video tutorials that cover a series of topics for beginners and advanced traders on its homepage. Before starting to trade, potential clients of LimeFx should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading.
All in all, LimeFx is a reliable broker that allows traders to pursue financial freedom with confidence. Founded in 2007, LimeFx is an online broker registered in Saint Vincent and the Grenadines that provides CFD trading on various markets via the popular MetaTrader platforms to clients around the globe. They have flexible account types for all types of trading strategies, including scalping and automated trading with expert advisors.