LimeFX Review 2023 Information about LimeFX Forex Broker
To fund your account, you can use credit and debit cards, bank transfer, or a range of e-wallet services. This includes eMerchantPay, SafeCharge, Skrill, and Solidpay. Your funds will only ever be held in accounts with first-class global banking institutions, and the broker cannot use them for operational purposes. LimeFX is an award-winning broker that’s available on both mobile and desktop. Read our full review to find out how to open an account today. Good broker, with highly competitive spread and leverage rates, trading is so far profitable.
As you review LimeFX forex broker’s account types, you will notice that there are three live retail accounts plus a professional account. All accounts, both retail and professional, have negative balance protection. Below you can find overviews of each account type so that you can pick the best one for you with ease. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
The broker has been providing trading facilities to its clients since 2016. Being a subsidiary of FXBFI broker financial invest, the broker is already registered with the name FXBFI Broker Financial Invest Ltd. The brokerage firm has various features to ease the process of forex trading. This LimeFX review limefx website sheds light on the significance of services offered by the broker in abundance. The brokerage platform offers three types of retail investor accounts, which is a rarity and a plus point for clients. Throughout this review, our experts found that LimeFX was well suited to different types of traders.
It is fully functional, and packed with features, with optimal performance to consistently deliver exceptional trading across a wide range of financial instruments. Among others, MT4 features 4 unique market order execution modes, including instant, request, market, and exchange. Traders can enjoy customized trading functionality, with dozens of analytical objects provided, and full trading history as well. LimeFX has unlimited use of a demo account for its clients to aid them in their online trade.
This is affordable and helps make the broker accessible to all skill and budget levels. The low deposit also makes the broker beginner-friendly, as does the free demo account. From endless nagging calls to rude customer care, the company does not handle customers professionally. Various traders have lodged complaints about poor customer service. It can be discouraging when, as an investor, you fall into the hands of a scam forex or CFD broker.
It features 11+ languages and is compatible with a diverse trading ecosystem. Full encryption of data ensures maximum security on every trade. Yes, LimeFX is a trustworthy and well-established broker. Additionally, LimeFX is a member of the Investor Compensation Fund.
You can fund your account via bank wire transfer, credit and debit card, Skrill, Worldpay, Solidpay, and eMerchantPay. Yes, LimeFX trading company is regulated by CySEC, which is one of the top regulatory bodies in Europe. Overall, the distinction is – 30 cryptos, 75 stocks, 10 indices, and 17 commodities. The option to trade in Futures, ETFs, and Bonds is not available. Further, one can use different platforms on these assets, as mentioned, to predict prices.
First, you’ll need to click the Open Account button and provide personal details, such as your name and email address. After that, you’ll need to give some more information and complete a short questionnaire about your economic profile and experience. Finally, to verify your account, you’ll need to supply proof of your identity and address. Our LimeFX review team found that the process takes a few minutes to complete.
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LimeFX is operated by FXBFI Broker Financial Invest Ltd, a CySEC-licensed company that offers you access to over 250 trading instruments. This includes CFDs on forex, commodities, stocks, metals, commodities, and cryptocurrencies. In addition, the broker provides you with low spreads and ultra-fast execution speeds. Hence, LimeFX is a regulated brokerage firm and is safe for every investor without any fraud history. But Trading CFDs involves high risk, many new traders end up losing money rapidly due to market volatility, so it requires trading skills for success.
- Watch the most common forex scam videos and how to avoid them starting right now.
- The mobile trading options include complete trading orders, interactive charts, and access to 10,000+ markets in all regulated jurisdictions.
- Moreover, a regulated body like CySEC regulates the financial activities of this online broker.
- The importance of financial regulation and license cannot be overstated.
While these fees are higher than many of LimeFX’s competitors, our reviewers found they are easy to avoid. Simply make a single trade each month or close your account. LimeFX trading tools are numerous and you can choose which you want. Trading with this company also helped me a lot to develop my own trading strategy.
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The traders can sharpen their trading skills and have strategies planned before real LimeFX. The facility is for both beginners and professionals of the trade. They can analyze the market and plan in advance with this account. You should consider whether you can afford to take the high risk of losing your money.
This includes all trading platforms such as MetaTrader 4, WebTrader, and Android and iOS trading applications. Between % of retail investor accounts lose money when https://limefx.club/ trading CFDs. LimeFX CFD brokers offer good educational support for its clients; they encourage traders to know more about the forex market and trade.
nvesting Account Types
We thoroughly reviewed LimeFX.com from a trader’s perspective. You can easily source information related to products, trading platforms, educational resources, legal frameworks, and customer support. They provide honest risk assessments with regards to CFD trading and the potential for loss. LimeFX is an award-winning forex broker that offers services to traders within the EU, the EEA, and Switzerland. Licensed by CySEC, LimeFX allows you to trade over 250 different financial instruments through CFDs. This includes CFDs on forex, stocks, commodities, metals, cryptocurrencies, and indices.
You can also take advantage of more than 90 trading tools and enjoy 24/5 customer support. LimeFX.com makes it easy to trade financial instruments from the comforts of home, or on the go. This broker supports traders with a combination of tools and resources to tap into potentially limefx lucrative market opportunities. A fully customizable user interface and the trading platform allow for easy trading execution. LimeFX.com facilitates rapid executions of trades, a wide variety of forex pairs, and optimal performance on your chosen trading device.
It is not safe for beginners because there is no professional advice. And the “account managers” will just not stop calling you with weird requests to either deposit or open unsure trades. Beginners are not fully advised of the risks and strategies to follow in forex trading. Gold and Platinum accounts come with several extra features, such as webinars/videos, an account manager dedicated to the account, and news alerts for professional accounts only.
There’s an extensive selection of articles, videos, and PDFs to learn from, all designed to help improve your trading skills. In terms of other perks, LimeFX does offer you the ability to become a partner. CySEC is considered to be a tier-one regulator, thanks to its stringent approach. This means that, when you trade with LimeFX, you can rest assured that the company has followed strict guidelines.
How To Deposits and Withdrawals Funds?
I have found out that LimeFX is actually the same people as LimeFX, who are now giving up their license supposedly voluntarily. Search by account type, minimum deposit, and maximum leverage in 2,000+ forex brokers. Traders can even use the form option to connect with the client support team. The official website of CFD broker has all the facilities for a trader to be in touch with the professional support team. Traders can contact the team from morning 7 am till 5 pm, five days a week.
The broker also boasts fees that are in line with the industry average and provides a range of analytical tools and educational materials. Our review of LimeFX forex broker confirms that this is a reputable broker, with regulation by CySEC. Since 2020, the broker has offered traders access to a range of instruments spanning 10,000 markets. With LimeFX you can trade over 250 CFDs, including those for stocks, commodities, indices, cryptocurrencies, metals, and forex.