LimeFX Review 2023 Everything you need Updated 2023

LimeFX review

There is also a call back services where you can leave your number for them to get directly in touch with you. They are always prompt to respond and it is great that they are even available on weekends. You can access the global cryptomarket with Cryptoindexes, Crypto.TOP and Crypto.ALT. When buying Cryptoindexes, you are investing in the growth of the whole cryptocurrency market, rather than just individual instruments. This is a really unique offering that you will not find anywhere else. I think they are a really innovate broker when it comes to crypto trading.

With over ten years of industry experience and more than 12,000 trading instruments, LimeFX is an appealing brokerage firm. Clients of all forms are well supported, with both STP and ECN accounts, derivatives https://limefx.biz/ and investment products and four popular trading platforms. Many may also be enticed by the wide range of promotions and bonus programs, low minimum deposits, massive leverage rates or the free VPS.

Alternative Brokers

However, alternative e-wallet services Skrill and Neteller are supported. It does not cover many of the basics required to trade CFDs effectively, such as technical analysis. However, additional resources are available to those with a fully registered trading account. However, on the first and third Tuesday of every month, the broker runs a free withdrawal promotion in which clients can make one transaction with any supported payment method with no fees.

  • Looking at the special offers and promotions, we find that LimeFX offers quite a few.
  • I will come back to add an additional star when I have completed 4 weeks of trading and a quick withdrawal.
  • This is another top platform that you might want to look into if you are serious about your trading and looking to go full time.
  • However, we believe this broker is worth trying out if you are in an eligible trading country.

Please note that the list of payment methods below depends on the LimeFX Entity and the client’s Country of Residence. After extensive research over several years, we have compiled a list of the most effective LimeFX alternatives available today. If you are unsatisfied with LimeFX or want to explore other options, we recommend checking out our carefully curated list of highly-rated LimeFX alternatives.

How long do LimeFX withdrawals take?

There is no cost or minimum volume requirements to use the R Trader platform and online 24/7 support is on hand to assist you. Ok, the spread is not the best in market, but you get bonus and cashback.LimeFX is a broker I trust since years. I think the bad reviews here comes from some inexperienced traders who made himeself some mistakes and then they rate the broker bad.

It has been operating since 2009 and has a good reputation among its clients. Withdrawal requests are processed within the same day or next if outside working hours. The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. Funding options include bank wire, credit card and online payment systems such as Neteller and Skrill. This can be important if you want to move funds around quickly to try and capitalise on some market news.

LimeFX review

If you are still skeptical, it is possible to start a eToro demo account and assess the trustworthiness of the platform for yourself. LimeFX safeguards its clients’ private and sensitive data under SSL encryption. We tested the livechat experience with LimeFX and it works well. We made a request to LimeFX livechat via their website and app and recieved a response within 20 seconds.

Islamic (Swap-Free) Account

LimeFX’s social trading platform allows traders to share their expertise with others to build a community of investors and traders. Which stocks they are following, what stocks to buy, and what stocks to sell. Intermediate traders can then absorb this expert knowledge and create their own trades.

LimeFX review

For these assets, spreads start at 3.0 pips when using a ProCent or Pro account, while the average ECN spread on the lowest asset is 1.0 pips. The broker claims to offer over 8,400 shares and ETF CFDs from global exchanges, including the US NASDAQ, Dow Jones (US30), UK LSE, Germany’s Deutsche Boerse and Switzerland’s SIX Swiss Exchange. The offered ETFs track groups of assets across the world from specific industries, limefx such as health and fitness stocks and the S&P 500, or market characteristics such as volatility. And when it comes to trading terms and conditions, LimeFX does make sure that you’re having the most lucrative trading session in the market, whether it’s because of its leverage or spread offers. LimeFX is among the few brokers who clearly state every detail about every important aspect of their trading services.

Can You Trust LimeFX? 🕵️‍♂️

The broker aims to take its clients trading to the next level through its innovative technology and trading tools. With LimeFX, you will gain access to eight asset types and over 12,000 instruments for trading. Interestingly, LimeFX is the official sponsor of Muay Thai fighter Andrei Kulebin. LimeFX has eight asset classes, four trading platforms, and competitive fees—but it might let you down in one key area. There are affiliate versions of the pro-standard and ecn-pro accounts that have increased spreads and commissions for clients who are receiving additional services from LimeFX partners.

People who looked at this company also looked at

To set up an Islamic account, prospective clients must contact customer support through the live chat system. Many brokers are limited in the leverage rates they can offer clients due to stringent regulations from overseers like the UK FCA. However, as the FSC regulates LimeFX, the platform’s maximum leverage is significantly higher than domestically regulated brokers.

After being founded in 2009, their customer base has become as large as 10,000+ clients. Yet, check carefully since some of the methods apply an additional fee for withdrawal, e.g. Skrill and AdvCash add on a 1% processing fee, while Visa withdrawal adds 2.6% +1.3USD. However, of course, make sure to verify margin requirements and conditions for the instrument you are willing to trade, as at some point $10 simply may not be enough for your strategy. At the start, you may choose the level of your account while opening, and at the beginning, you may trade for free with a Demo account.

Brokers that operate under the supervision of regulatory authorities like LimeFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors’ deposits. LimeFX are held accountable for their actions and may face severe consequences if they violate any financial regulations.

Laisser un commentaire

Votre adresse e-mail ne sera pas publiée. Les champs obligatoires sont indiqués avec *