These regulatory bodies have strict guidelines for their brokers and they should keep their client funds segregated and the funds should be used only for trading activities. This broker is authorized and they are safe to trade since it is highly secured. As per our LimeFx review, this platform offers 20 various cryptocurrencies limefx forex brokers reviews as CFDs, that can be traded in Euros, British pounds, and US dollars. Metatrader 4 web version can be accessed from any browser and it does not require any installation or downloading. By using a web trader, the trader can analyze the financial markets and they can have access to several tools; also they can use automated trading.
On this page, traders need to answer some trading-related questions such as how much experience they have, are you an experienced trader or a newbie? The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account. More information should be obtained from the customer support service to make an informed choice. LimeFx warns potential traders that Forex and CFDs trading always carries a high level of risk, therefore may not be suitable for all investors. LimeFx offers research options like market research through an economic calendar and earnings season calendar.
- Once these details are filled in, the client must tick the two statements with the declaration of age and product updates and click the continue button.
- This broker offers some of the latest trading trends with cryptocurrency.
- Some brokers like to limit what their traders can trade but this is not the case with a broker like LimeFx.
- Thus, the broker offers high-tech analytical tools and provides trade flexibility.
This broker offers commission-free trades which means no fees for deposits, no additional commissions or any hidden fees. This is considered as a major factor when compared to other online brokers who charge an exorbitant amount for trading and several hidden charges from the trader. One of these online broker’s main objectives is to help the traders execute profitable trades and offer their advice about various markets. Besides, this platform offers a simple trading process, and it offers advanced software for trading.
Is LimeFx Scam or Legit Broker?
It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Ripple is popular among big banks with the Ripple network a next-generation real-time gross settlement system. Our experts have reviewed both, and their tests show that LimeFx is a stronger broker right now.
Operating out of New Zealand, LimeFx is a market-making broker, offering hundreds of CFD products on the globally renowned MetaTrader 4 platforms. The product mix includes 50 FX pairs, 51 cryptocurrencies, 17 commodities, 20 global stock and volatility indices, 214 share CFDs, and three ETFs. To access the offerings, you have to create a client area log in by filling out a simple to complete account opening form. Once your LimeFx brokerage account is open, go to the client area to view your profile, to deposit/withdraw funds, download trading platforms, or connect with the client helpdesk. LimeFx offers to its traders a popular trading platform called MT4. This trading platform can be used not only for executing trades but also for analyzing financial markets and automated trading.
The broker has provided top trading tools such as Economic Calendar, Earnings Season Calendar, and Trading signals. Due to this, Traders need not worry about the trading commission. You need to fill in the account type you want to trade with and assets & market selection on the next page.
LimeFx Fees (Spreads)
The broker comes under the jurisdiction of the regulatory authorities of New Zealand and Australia. Apart from this the broker is regulated by the CySEC and has to make all the transactions under the given regulations. This broker is regulated by regulatory authorities such as ASIC and FMA. However, there are no inactivity fees for inactive accounts on LimeFx. The third step is a questionnaire, where the client has to answer the questions regarding past performance if they have any. This would help the broker in guiding the client for further trade.
The Webtrader trading platform offered by this forex broker is well equipped to provide the most comfortable and best trading experience to the clients. With LimeFx, users can trade on the MetaTrader 4 trading platform for desktop, web, and mobile. 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.
The Web terminal is accessible on all the browsers without the need to download and install the software. The default workspace consists of the watchlist, chart, and the toolbox. You can use the additional menu buttons to monitor historical trades, reach out to the broker’s client support or connect to the MQL5 community. When it comes to trading tools, the MT4 charting is available in three modes and nine-time frames; one minute – one month. Also, chartists can access 30 technical tools, including trends, oscillators, and volume-based indicators, besides the 24 graphic objects to carry out extensive chart analysis.
Besides, this broker offers several deposit options for the trader such as MasterCard, Bank transfers, visa, and they can also deposit through Maestro cards, Skrill, and Neteller. Moreover, the minimum deposit requirement for this broker is 250 AUD, which is quite a reasonable amount. The lowest deposit is $ 250 for opening an account on LimeFx. The broker offers a commission-free deposition and withdrawal process.
The broker offers high leverage to their professional clients. You will get here multiple financial instruments such as commodities, forex, indices, etc. To conclude, we can say that LimeFx is one of the best and popular trading platforms where it offers the Metatrader 4 trading platform for web, desktop, and mobile.
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Opteck Review
With the above information, we can say that LimeFx is not a scam but a legit and licensed broker. In addition to their license with the New Zealand FMA, the broker also has a registration with the Australian financial regulator, ASIC. That advantage is bigger than anything one can expect while trading with LimeFx. Collect contact details about the Brokerage platform from here. Visit the broker’s official websiteand click on the “Open account” button, a new registration page will open on your System’s screen.
The world of forex is available at your fingertips, with more than 45+ forex pairs for trading. The cross-device trading, zero deposits, and exotic to major currency pairs give hope to all traders as they trades in the fluctuating market. They all have different features, services, and styles for market players. Additionally, the broker also offer Islamic accounts for Muslim traders. They enable you to enter various financial markets and allow you to try your luck.
Silver Account:
The excellent trading terminals help with trade quotes, history of trades, an intuitive interface, and customization. The demo account provided by the broker and the education material offered and an integration of these two can make any trader a trader of class and profit earning. The education and research material provided by the broker is top-notch and the whole section is full of the material that the trader can absorb to get an upper hand in trading.
LimeFx offers three different types of trading accounts Silver, Gold, and Platinum. All three account types are designed for satisfying the needs of Retail and Professional traders. LimeFx makes money mainly through spreads and swaps on its tradable asset classes and trading accounts. There are no account maintenance fees or deposit or withdrawal fees, however, some banks may charge an intermediary fee on withdrawals.
No, but fees from financial institutions may be applicable and more information about applicable costs can be obtained from the company’s customer service team. Potential traders need to be enabled to do as much as possible research about speculative trading before commencing to do it and while trading with a specific brokerage. The broker also provides access to a large range of eBooks that cover different topics such as market analysis and trading psychology. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable.
In addition, the traders have instant access to unlimited educational content, fast execution of payments, and different account types. The solid foundation for future prospects of LimeFx, LimeFx is excelling with its services day by day. Tough spread and high leverage are available which is not so good for clients. Traders may get here MT 4 platform and mobile trading app that help clients get to access their account from anywhere. The brokerage firm is highly transparent and safe for all traders.
In this HF Trading review, we’ll list down the known advantages of using this broker as well as the potential downsides. If you’d like to invest with HF Trading, we recommend https://limefx.name/ reading details of our review before making up your mind. The trading conditions overall deserve praise, as there’s not much that can even be improved with them.