22 Jan LimeFx Review 2023 Get All Feature, Pros, and Cons
Contents
They make you lose , they put you in a position where you have to put more to save your LimeFxs. They slow infact I think their trading platform is fake too. With this in mind, CityIndex has lower non-trading fees. Yes, LimeFx offers a mobile app for both platform – the LimeFx mobile app and the popular MT4. The minimum deposit with LimeFx is 100 USD/GBP/EUR if you decide to deposit funds via a debit credit card or via an electronic wallet. If depositing via wire transfer, the broker maintains a minimum amount requirement of 1000 USD/GBP/EUR.
Swap/Rollover/ Ongoing costs are а financing fee deducted from the value of the position and is only charged when а position is held open overnight/s. Ln case the Client wishes to withdraw less than €100, additional fees may apply and the Client will bе informed in advance accordingly. Considering this, our reviews show that LimeFx is the better broker for beginner traders as it offers a larger range of educational tools and materials.
Indicators, analyzers, and chart patterns, which can be used by the traders. This broker uses both third party and in-house software to help the users to make the most out of trading. If the account is inactive for 271 days, the inactivity fees per month are 500 Euros.
LimeFx is operated by FXBFI Broker Financial Invest Ltd a regulated company. The main essence of the ICF is to compensate covered clients for potential claims arising from the failure of a member to fulfil its obligations towards its clients. Trending Brokersaccords traders and investors with some of the best hand picked brokers that can harvest their needs for https://limefx.biz/ booking profits in the world of financial market. The first few challenges can be what looks to be a complex mobile or online trading platform, difficult-to-understand LimeFx terminology, and perplexing cost arrangements. Apart from this, the broker uses the segregated bank accounts of the top financial banking institutes for depositing its clients’ funds.
nvesting Minimum Deposit
The broker also uses advanced technology and encryption systems for protecting the client’s data. As per our LimeFx review, the minimum deposit to be made on the platform is $250, which is mandatory for the users to start live trading. They can access a wide range of trading tools, and they can trade from anywhere.
The support team is typically quick to respond and you can expect to get an answer to your query within an hour at most . I have recently registered with them just to see what is there. After I put my phone number, email address in and so on, I started receiving spam calls, like ten a day.
The account opening process is very quick and fast, you need to spend too much time on it. This is very pathetic and I felt so bad losing my LimeFx. I did a due diligence test before investing with them but guess what I ended up getting burned.
As per our review, LimeFx provides four types of accounts, where the trader can choose as per their choice and as per the services rendered. Each of the accounts has specific advantages, yet it also has a few limitations. Specifically, the amount of leverage also depends on the type of account.
Supported Payment Methods
It was thanks to 101 that I was able to survive the pandemic quite comfortably, because it was trading that gave me a source of additional income. The best way to stay informed about the platform’s latest news is to become a fan of their social media pages. In addition, be sure to check out Cryptimi News for any important updates. We will also endeavour to update this LimeFx review as soon as we are aware of new features or information. Please note that the Company’s policy is to refund back to the source of the original deposit. • There are no hedged positions on the account at the time of withdrawal request.
It offers four types of accounts such as gold, silver, platinum, and Pro accounts. The Metatrader 4 trading platform can be accessed through web-based, mobile, and PC. One of the most unique features is, it offers an economic calendar that can be accessed from this broker’s website. In addition, this broker offers users an extensive range of features and trading tools including high leverage, a free demo account, and a 1-click trading option. Based in Cyprus, LimeFx is operated by FXBFI Broker Financial Invest Ltd, which is authorized and regulated by CySEC. LimeFx offers you the chance to trade CFDs on various assets such as commodities, cryptocurrencies, metals, stock, forex, and indices.
- The withdrawal process offered by the broker is very simple and easy.
- The entire process will take you just a few minutes to complete.
- While some investors prefer the familiar MT4 platform, we must mention that we were very impressed by the award-winning LimeFx mobile trading app.
80% of retail investor accounts lose money when trading CFDs with this provider. These products are not suitable for all clients, therefore please ensure you fully understand the risks and seek independent advice. Offering CFDs, both LimeFx and Plus500 offer a similar asset to trade with CFDs ranging from cryptocurrencies to Forex and commodities, stocks, indices and metals. The platforms’ fees are similar, as are most of their payment methods.
To open a live account at LimeFx, you’ll need to deposit at least $250USD regardless of what account type or depositing method you choose. Compared to similar brokers, this may seem quite high, yet our reviewers found it to be realistic and responsible. With $250 in your account, you’ll be able to create a solid trading plan that suits your budget. Mobile trader – If you prefer to trade on the go, you’ll be happy to learn that you can log in to your LimeFx account via the MetaTrader 4 mobile applications. These are available for both iOS and Android devices and you can expect the same high-quality platform tools. Clients of the platform get access to the time-test MT4 platform, which can be accessed as a desktop application, the WebTrader, and a mobile app.
The Trustpilot Experience
In sum, LimeFx is a well-established regulated broker. On the technical side of things, the platform uses the MetaTrader 4 platform, though it could implement more features for safeguarding individual user accounts. LimeFx LimeFx does not charge deposit or commission fees. You have access to 23 cryptocurrencies,51 forex pairs, 17 commodities, 185 stocks, 21 indices, and 4 metals on CFDs. LimeFx is a CFD brokerage firm which is dedicated to providing trading service and products at highly competitive rates.
We are committed to the fair handling of reviews and posts regardless of such relations. 101 are the most dishonest, manipulative, fradulant and terrorising company that operates in Europe. It’s also worth mentioning that LimeFx does not have any restrictions when it comes to short selling. This means you can speculate that the price of an asset will decline in value with the same leverage ratio as you can when entering into long-buying positions.
With LimeFx, you can learn about trading strategies, trader psychology, market analysis. You can also use the videos to familiarize yourself with the MetaTrader 4 platform and tools. These materials limefx forex brokers reviews are available for all clients on different devices. Traders using LimeFx will have access to multiple deposit options and account types. It ensures great convenience for traders of different levels.
You can also take advantage of industry-standard leverage rates, low fees, and different account types. If that wasn’t enough, the broker also provides you with research tools and educational materials to help enhance your knowledge. The broker is operated by FXBFI Broker Financial Invest Ltd, which is regulated by CySEC.
It offers traders the opportunity to trade CFDs on various asset classes such as metals, stocks, forex, indices, commodities, and digital currencies. Traders using this platform have access to flexible leverage rates, to different account types, and competitive fees. The broker also provides traders with a comprehensive trove of research tools and educational materials to refresh your knowledge. The account type dictates the trading conditions available to you.
nvesting Trading Instruments
They are always connected with the world of financial markets even when they are away from their desktop or laptop. A click from their mobile device takes care of all LimeFx meticulously. That’s also the idea of technological prowess that broker exhibits through it. Moreover, features in the application are equivalent or better than what one would find on other devices. You can download it through the iOS or Android play Store. The broker offers a straightforward account opening process.
Do not trust LimeFx companies.
For crypto, traders, get access to 20 of the most popular digital currencies with CFDs. The platform has an overall good reputation online, with users on various chatrooms and review sites saying that they are satisfied with the services on offer. The registration process is very smooth and quick but the spread is very tight which is difficult for a new trader to deal with. The deposition and withdrawal process was very smooth and easy. The broker has provided different modes for transactions.
Traders have to follow the five simple steps which include personal information, account details, uploading KYC, and depositing the funds. The criteria of a good broker are different for everyone. What you would like to see in an efficient online brokerage firm? What is your objective to choose a particular broker whether to trade Forex pairs, stocks, crypto or commodities? All these questions you need to ask before signing up for a broker. Here we are going to talk about the LimeFx in detail to give you a perspective on this broker.
nvesting Review & Opinions: Is it Reliable and Safe in 2023?
Unlike many online brokers operating in the industry, LimeFx does not charge any deposit nor withdrawal fees. With that in mind, LimeFx may charge a withdrawal fee if the client withdraws an amount of less than €100. LimeFx also offers Islamic accounts to Muslim traders.