LimeFx Review 2023: Scam Or Safe? Fees & Leverage

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LimeFx Review 2023: Scam Or Safe? Fees & Leverage

LimeFx forex brokers reviews
LimeFx forex brokers reviews

Novice traders are charged a higher spread and lower leverage compared to professional clients, which is more or less in line with the offerings of other CFD brokers. Besides, LimeFx does not charge a commission, although there are costs in the form of fees, that eventually compound client trading costs, making them an expensive broker. LimeFx is multi-regulated, covers all the major asset classes, offers a range of trading tools, provides several resources for learning, and runs an 11/5 customer support desk. One thing to look for in your prospective forex trading broker is whether or not the brokerage offers automated trading. One such platform which is widely used is Tradency’s MirrorTrader platform, which one can access by trading with ForexYard.

Users of LimeFx will also have access to a WebTrader, which is accessible via all modern browsers. The WebTrader offers users access to all MT4 features. Traders get access to lightning-fast execution speeds, helpful charts, and a wide array of analytical tools that offer in-depth analysis of the market.

LimeFx forex brokers reviews

Yes, all of the details mentioned in our LimeFx review indicate that this is a trustworthy forex broker. First off, it features two comprehensive licenses from the ASIC and FMA of Australia and New Zealand, respectively. In addition to that, LimeFx has a transparent pricing structure and has gained popularity in the industry. LimeFx also provides you with a free demo account. You can use this to practice trading or test strategies once you’re more experienced.

Moreover, an Islamic account is available for the three types of accounts. All LimeFx users are required to go through identity verification by uploading a scan of their government-issued ID cards. The minimum deposit required to trade with this broker is $100. LimeFx appears popular with users given the excellent ratings on most independent consumer feedback platforms. All over the broker is very good but it does not offer MT 5 platform for online trading. Otherwise, the broker providing more than 350 financial instruments.

When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Ebooks – Online reading material combined with pictures, graphs, images on strategies for beginners, trading psychology, capital management, technical analysis, and a few more. Our experts have reviewed both, and their tests show that LimeFx is a stronger broker right now. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. Each broker we review is judged on the same 10 key areas. LimeFx is a well-regulated broker and hence is highly trustworthy.

LimeFx offers 300+ tradable assets such as Forex, Commodities, Cryptocurrency, Indices, and precious metals. All these assets are available in the form of CFDs on LimeFx. Professional traders can increase their knowledge by reading articles about advanced technologies and the latest market trends. On the other hand, New traders can learn how the market works and handle market trends.

Educational and Research Support

It is conducive to use and comes with help. So, if you’re stuck, seeking the help of customer support is even easier for you. That’s the beauty of entering the market through the app.

Cryptocurrency – Emirates Business 24/7


Posted: Fri, 03 Mar 2023 11:07:13 GMT [source]

Overall, I had a great trading experience with this broker. Signals are always accurate and profitable. Fast and hassle-free withdrawals. I have no complaints about the services, I get a good profit. Happy to have worked with skilled brokers such them. I love trading with them, I get good profit and never encounter a problem with their services.

LimeFx account types and trading conditions

With LimeFx, you will have a variety of ways to get your money in and out of the trading account. They take deposits through bank wire, credit/debit cards, and other online payment systems like Skrill and Neteller. Overall, our reviewers found LimeFx to be a trustworthy STP broker which boasts beneficial trading conditions and a focus on customer satisfaction. Traders in Australia and New Zealand should feel confident that LimeFx is a superb choice. If you run into a problem or have a question when trading with LimeFx, you’re in safe hands. The broker offers three different contact methods and, in our experience, responses are always prompt and helpful.

I am consistently gaining good profits too. I find the services better than any other brokers I have used previously. Smooth withdrawals and good signals. No problem with withdrawals, tools or even services. Withdrawals are also fast and smooth processes always. Easy to deal with brokers and customer service.

LimeFx has a mobile application for providing non-stop access to trading. Through this mobile app, traders can access markets from anywhere. This application supports both Android & iOS-enabled devices. Check some key features of the mobile trading app from the given below points.

People are very professional and services are very efficient. Customer service and brokers are very attentive and efficient. Very accurate market forecast and signals are profitable. GLOBAL TRADING E-BOOK – An overview of the trading market, explaining different financial instruments, and the main factors that drive the market. SPREADS FROM 0.03 – LimeFx offers competitive spreads that allow making the most of this vast and broad world of trading, ensuring success.

They outperform most of the big broker companies. I was quite hesitant to trade at first because of the high initial deposit. However when I started trading everything make sense to me. It is indeed the right amount, to begin with. Anyway, trading returns are all worth it.

Recommended Top Forex Brokers 2023

LimeFx provides first class financial services. Company gives access to forex trading with fine spreads. Besides the MT4 trading platform, this LimeFx firm allows access to trading platforms from a web-based device. To access the WebTrader, you just have to proceed to the platform with a simple step that is followed to access any website. In every LimeFx firm review, we follow a standard to provide accurate and exact information to traders.

You can find helpful articles on different assets and domains, including commodities, stocks, cryptocurrencies, CFDs, indices, and forex. Using them appropriately is in your hands. Make sure to learn all the risks involved in trading.

This broker is authorized and they are safe to trade since it is highly secured. The LimeFx platform offers great competitive spreads starting from 0.03, which helps the traders to execute profitable trades. FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. LimeFx brokerage platform consists of a wide range of educational material such as commodities articles, trading articles, videos, courses, tutorials, and e-books. Traders can enhance their knowledge with the help of educational material. Included in their service, is theMT4platform, an award-winning, powerful, and sophisticated trading platform.

  • LimeFx offers me to use a wide range of assets.
  • I found all the good qualities of a forex broker I have been looking for.
  • All this comes with the ASIC and NZFMA regulations that mandate ample capital requirements, regular audits, appropriate risk management policies, client and data privacy.
  • LimeFx Mobile trading platform is the world’s biggest invention for advanced traders.
  • Moreover, spreads should be applicable reasonably on various products, including forex, stocks, commodities, etc.

However, this robot is not the best for the purpose, given that it doesn’t provide additional social trading tools. Most competitors offer the likes of Zulu Trade to enhance the social trading experience. Moreover, the LimeFx mobile MT4 appears to be the easiest way to access the demo account. All that is needed to access the LimeFx lime fx demo account through the mobile app is to download the MT4 and link it to the broker. After downloading the MT4 app, traders can search for LimeFx through the broker search box and link it to the app by registering an account. The mobile MT4 comes with nearly all the features available in the desktop and web versions.

Customer Support

Individuals registering with the LimeFx broker can access the world-class MetaTrader 4 platforms across computers and mobile devices. While the demo LimeFx MT4 web platform is accessible from the client area, you have to request your account manager to activate the demo desktop and mobile applications. Yes, our review of LimeFx confirms that the broker is regulated by the ASIC and NZFMA . As part of this regulation, the broker maintains segregated client funds and offers negative balance protection to reassure clients. LimeFx provides three types of accounts, namely Silver, Gold, and Platinum. The Silver account is suitable for complete beginners, while the Gold and Platinum accounts are for experienced traders.

FULL SET OF TRADING TOOLS – Financial instruments, full asset catalogs, reports on the market, and dozens of daily updates – all in one place. SIGN UP and fill limefx broker reviews in the form, providing details on your info and trading experience. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

LimeFx offers more than 350 CFD products comprised of FX, shares, commodities, indices, cryptocurrencies, and ETF’s. You can start trading by filling out a simple registration form, submitting your KYC documents and depositing a minimum of A$250; it’s that simple. LimeFx is one of the newest entrants in the Australian CFD broking industry. The trading brand of CTRL LimeFxs Limited emerged from the takeover of MahiFX by LGT Solutions Limited in the second half of 2019.

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