With a perfect score in this category, LimeFx has gone above and beyond to educate its clients. This LimeFx review aims to give a clear view of the broker and its services. We hope, with these insights, anyone interested in LimeFx trading opportunities could decide whether to invest in them or not.
Forbidden trading techniques
Online investing with LimeFxFX can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial.If considering trading financial assets with LimeFxFX, evaluating the LimeFxFX platform is important. Evaluation includes researching the LimeFxFX management team, track record, and services.
LimeFx Markets Cyprus Ltd
You can either choose the floating spread that starts with 0.6 pips. With this account, LimeFx does not charge you any commission on the trade, only fees is their spread. Then you have the Pro account which uses the slightly more advanced MT5 platform.
Does LimeFxFX offer an Islamic account?
It offers commission-free access to financial markets and a variety of services already utilised by clients from 160 countries with more than 42 million trading accounts. We are always looking for ways to enhance our platform and improve the trading experience for our clients. The broker only offers a spread-only account with spreads from 0.6 pips, limefx official site if you are hoping for RAW spreads then you will need to look at other brokers. To trade you can choose between MetaTrader 4 and MetaTrader 5 trading platforms, both platforms are excellent options but many brokers in the market offer these options. There is a decent variety of account types which you can choose from depending on your trading style.
- LimeFxFX also proudly touts their average 7 second response time with 3 minutes required to clear most support queries.
- You can top up your demo funds on request while you refine your trading strategies or test your trading bots.
- The current market situation is quickly available in the MetaTrader 4/5 mobile application.
- Like many other brokers, they instead opt to build-in their markup to the prices offered.
- We understand that informed decisions with LimeFxFX are the key to successful trading, so we’ve provided this detailed LimeFxFX review.
You also have numerous technical analysis indicators and studies that you can overlay your charts with. What is surprising though is that they have split the platforms according to the account type that you hold. We have gone over these above and if you are looking to use a particular platform then you will have to open that account.
LimeFx Deposit & Withdrawals
A good fit for beginners and seasoned traders alike it has a reputation for being easy to use and reliable. LimeFx has also gone above and beyond with its education materials which include live webinars and carefully crafted courses. Customer service is highly responsive, with one drawback being that there is no phone support. LimeFx also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges.
It’s recommended that you check the LimeFxFX website before signing up. If you decide to close your LimeFxFX account, it’s important to do so with the LimeFxFX broker customer support and obtain confirmation that no remaining LimeFxFX fees are due. Please be aware that trading in financial assets with LimeFxFX carries a risk of loss. LimeFxFX trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
I think this can be a good way to practice your trading strategies and build your confidence without any risk. You can always switch over to a live account when you feel ready to do so. MT5 has a simple interface just like its predecessor with some new features that improve the overall experience. There are more technical and fundamental indicators for chart analysis, 21 timeframes, graphical objects, support for more order types, an economic calendar and more. I would say this is a good stock trading platform for those of you who are looking for something more than just forex. MT5 is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet).
Their Islamic account is available on all of their trading accounts that they have listed above. All that you will need to do is to check the “Swap Free” box when you are signing up at the broker. This is run on the MT4 platform and it has the lowest minimum deposit amount at only $100.
Dear Harshit Chaudhary, We deeply apologise for the inconvenience you’ve encountered with your deposit. We fully understand how unsettling it is to face delays, especially when it involves your hard-earned money. Please know that your satisfaction is our top priority, and we are here to support you every step of the way. If you have any further questions or concerns, don’t hesitate to reach out to us at Kind regards, LimeFx Rep.
Within Europe, the minimum deposit on the available account types of MT5 Pro is $50. The LimeFxFX MT5 pro account is one which they recommend for the more experienced traders. With that said, the minimum deposit here is still low enough for all types of trader to get involved. This is $50 minimum deposit within the EU with the account being available worldwide.
This is due to the fact that LimeFxFC forex trading is unregulated outside of Europe. We consider it to be very important that a broker is regulated by a regulator who offers strong trader protection. The overall score is therefore https://limefx.group/ adjusted down due to the broker being unregulated. We do not recommend that you use this broker if you live outside the EU. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
My name is Bontle Phike, I traded with LimeFxFX I am still waiting for my withdrawal till today. I am still waiting till date, my account manager is Jason and the Agent is Robert Wesley. You can use BTC, ETH, LTC, DOGE & USDT as your payment method for both side. The withdrawals are sent to SA bank accounts in few hours, so if you make the withdrawal request to your bank during business hours, it is normally received in the same day. Unlike many other brokers, the bonus at LimeFx can be withdrawn once you meet the specified trading requirements of number of lots traded.
On the forex side, there are a number of minor forex crosses that are not included. With respect to equities, they only offer indices with no single stocks and on the commodities side, they only have Gold and Silver on the micro account. You need to make sure that you are trading with a broker that has all the right protections in place in case of unforeseen circumstances. Although they are a global broker that is able to accept clients from over 100 countries, the bulk of their traders come from Asia. There are also some jurisdictions where they cannot accept clients and these include the likes of the USA etc.
Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. When it comes to spreads and commissions, LimeFxFX works both with floating and fixed spreads. The floating spreads can start from 0 pips depending on your account type. However please be aware that some fees may be applied in certain cases. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers.
