The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices. LimeFx caters to most international traders, including residents of UK, Australia, South Africa, and Malaysia. Like most international brokers, LimeFx does not accept US traders.
- And also leverage levels are high on almost all of the asset classes.
- The asset selection at LimeFx remains somewhat limited but sufficient for trading strategies requiring fewer highly liquid assets.
- Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation.
- With LimeFx, you pay only the floating spread to trade indices and commodities, while enhanced index CFDs allow you to trade without stop and limit restrictions or re-quotes.
LimeFx was established in 1999, is regulated by the UK FCA, CySEC, and ASIC, and has offices in the UK, Australia, South Africa, and Cyprus. For deposits between $300 and $4,999, the referrer gets a $100 bonus, which doubles to $200 for deposits from $5,000. The referee must trade 200 or 500 contracts, respectively, within 90 days, making it a challenging low-payout bonus to receive.
Although it took a while to get to the bottom of the technical issues I was having after the LimeFx app was updated, eventually the problem was resolved. Once I understood why it was taking time, then I was happy to wait. Vanya Gencheva and Joseph David both helped to get upscale the problem https://limefx.name/ and the Techies have now solved it and I can trade again. You can always rely on our team to answer any questions and provide more information, so if you ever find yourself in need, do not hesitate to contact us. I used to use LimeFx when they were starting out around the early 2000s.
LimeFx Minimum Deposit
Support is available in 19 languages and phone support is free for residents of 42 countries. The live chat and phone support are responsive, and the online help desk is well-informed and provides extra reading material when necessary. LimeFx’s educational resources cover a variety of topics, such as trading guides, video tutorials, and a section on the traits of successful traders. Thanks a great deal for your positive review, Maroulla C. Antoniadou! It’s great to know that our platform is the right fit for your investing needs. If you ever want to share any thoughts or preferences, we are always happy to hear more about what could make your experience even better.
In Australia, for example, customer money is kept by Citibank, Australia, a well-established multinational bank. The ‘Financial Services Compensation Scheme’ insurance provides additional protection for European clients’ funds (FSCS). Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties. Also, institutional investors, retail brokers, emerging market banks and hedge funds can take advantage of LimeFx Pro.
You can perform distraction-free trading and investing, with more charts, intervals and indicators. The broker provide access limefx website free of charge when you open an account with them. This is the mobile version of the proprietary Trading Station platform.
Markets
We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. The number of tradable assets available is quite limited when compared to other brokers who offer thousands of assets, such as IG. I also found them not to have the lowest spreads which may be an issue if you are scalping. With LimeFx, you can get trading signals delivered daily to your mobile.
No Rollover fees campaign makes LimeFx…
If you imbibe them, then you increase your chances of being a successful trader too. All your trades, deposits/withdrawals will be measured in your base account currency. With this account status, you pay commission fees of $30 per side per million worth of trade. All financial transactions occur in the secure back office of LimeFx, MyLimeFx.
Offering of investments
In addition to a YouTube channel and a complete library of trading videos, you can get a better idea of LimeFx’s offerings from a tutorial video situated on its website. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel.
It also has almost as many charting and drawing tools as the desktop version, and a clean, intuitive interface. Trading Station web is very stable and mostly runs without a hitch. Trading Station desktop (not to be confused with TradeStation) is LimeFx’s main platform.
I wouldn’t want the broker taking the opposite side of my positions. LimeFx falls under top-tier government regulatory authorities such as FCA, ASIC, and FSCA. In addition to minimal trading costs, the broker offers multiple sophisticated trading platforms. LimeFx also offers copy trading and social trading with useful premium addons like VPS service.
This allows you to trade the news without tracking it yourself. The machine does the tracking based on previous, actual, and forecast data and executes your trades accordingly. If you are considered unqualified to trade with a live account based on your trading experience and answers to some questions, you will be recommended to open a demo account. Spread fees start from an average of 1.3 pips for major pairs like the EURUSD and you pay swap fees whenever your trade position is kept open and it rolls over to the next trading day.
Trading analytics can help you to detect trade errors and optimise your trading for improved results. Several trading articles are available to help new traders learn the ropes. These articles start with terminology, fundamental principles, indicators, and trading techniques and go to trading strategies. The website includes a vocabulary of approximately 45 pertinent trade words. The video library includes lessons on platform use, forex introduction, order kinds, and mobile platform usage.