LimeFx: In-Depth Online Stock Broker Review 2023

The broker also offers an advanced blog section with numerous articles on the markets. In addition, a VPS is available for $30 per month or with a minimum deposit of $5,000. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. LimeFx was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.

  • The LimeFx Economic Calendar covers financial events and economic data to keep global investors informed and help them make sound trading decisions.
  • Terms and conditions do apply and none of this bonus cash can be taken out of traders’ accounts.
  • LimeFx is regulated,
    governed and supervised by reputable financial regulatory bodies.

I would say that if you are looking specifically for a copy trading platform, then eToro are the industry leaders when it comes to social trading platforms. Traders have the opportunity to trade on 15 platforms at once with only one account. They can enjoy the benefits of forex trading through the industry-leading MT4 online trading platform. MetaTrader 4 is supported in Windows, Mac OS, Linux, iPhone/iPad, Android, and any internet browsers.

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What types of spreads can be expected from LimeFx?

Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, LimeFx ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. As part of our LimeFx review, we review customer service options, response times and problem resolution effectiveness on the LimeFx trading platform. Overall, stop-loss orders can provide LimeFx traders with an effective way to manage risk and protect their investments in volatile markets.

  • Clients can access Expert Technical Analysis and the Most Recent Forex Trading News based on breaking currency news and insights supplied by an award-winning research team and make smart trading decisions.
  • These competitions are available for both live and demo trading accounts.
  • Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice.
  • Another important LimeFx offering is its new social trading facility.

Auto trading is enabled by connecting a trader’s account to an expert’s account. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.

However, there are certain withdrawal fees while using debit/credit cards and some electronic payment methods. LimeFx is a brokerage company offering trading services for clients
since
2010 with
offices in
Cyprus, Australia, United Kingdom and South Africa. LimeFx has a strong legality guarantee because it has a license from FCA, ASIC, and CySEC. Regulation becomes one of the important factors by traders when choosing brokers. Because it already has elite class regulations, it’s no wonder that the company has won the trust of clients from all over the world. At present, there are around 1.2 million clients registered in LimeFx.

However, the broker does not offer a crypto payment option but RoboForex do if that is something that you are looking for. In addition, the broker offers 8 base currencies to open accounts. This way, clients can deposit and withdraw in their local currencies to avoid currency conversion charges. MT4 is undoubtedly one of the most popular online trading platforms, with millions of traders of all skill levels using it throughout the world. It is incredibly user-friendly, offering a plethora of trading tools for effective market analysis and transactions. MT4 has a short learning curve and is therefore a great for beginners.

What is the minimum deposit for LimeFx?

It depends on account conditions and particular asset, but I saw the tightest spread on XAU/USD equal to 0,35. But you should visit official website to get more information I think. LimeFx has everything a proper broker needs to have across the board.

Timeframe

Yes, The minimum deposit required to open an LimeFx Account is $100 USD. Overall, LimeFx can be summarised as a trustworthy and regulated broker that is authorized and regulated by the Financial Sector Conduct Authority. Available options include Debit/Credit Cards, Neteller, https://limefx.group/ FasaPay, Perfect Money, and more. LimeFx makes a wide range of markets available including access to Forex, Metals, Indices, Commodities, Futures, and Shares. We take such allegations seriously and are committed to maintaining the integrity of our platform.

LimeFx Trading Accounts Offered

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LimeFx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the LimeFx.com group has good reviews from other users online. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders.

However, you must do your own due diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice. The LimeFx Economic Calendar covers financial events and economic data to keep global investors informed and help them make sound trading decisions. Major economic indicators such as GDP, interest rates, unemployment rates, Central Bank Minutes, and Consumer Price Indices (PMIs) (inflation measures) are key drivers for currencies and market-moving events.

It is important to note that LimeFx may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the LimeFx platform and features immediately. However, you must pass the verification process to start live trading with LimeFx, which can take up to a few business days.

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