LimeFx Review: CFD broker focused on education Updated 2024
Said class asset is spanned into 17 different countries such as Russia, Australia, Austria, Sweden, Finland, Norway, Portugal, Italy, Greece, Spain, Switzerland, Belgium, and the Netherlands. The platform also provides access to 8 commodities through CFD assets. There are 12 futures indices CFDs and 18 cash indices CFDs available.
Good at first but when time goes by
You can open a new trading account with different currency if you want to hold multiple currency accounts at LimeFx. The good thing that we like is LimeFx’s zero fees on deposits & withdrawals, while some other brokers charge high fees during funding & withdrawals. What I got after reading this article is that in making a withdrawal request at the LimeFx broker, the method that must be used for withdrawal must be the method that was used during the initial deposit. I really like to trade using more than one deposit option, how can I withdraw now? If I withdraw money from my account, can I also withdraw the profit generated from the bonus? According to their website, standard ultra offers a higher minimum lot requirement.
How Do I Start Trading Forex?
This account offers you the opportunity to directly invest in some of the leading stocks around the world. However, there are some conditions that should be kept in mind by traders. First, there is only one base currency https://limefx.group/ option for this type of account – USD. The contract size is 1 share, and there is no leverage available for share account holders. The Standard account is pretty much a great choice for traders of all interests.
What can I trade with each broker?
We’d like to investigate your concerns further to improve our services. Please reply to our private message with more details so we can address your specific issues. Thank you for bringing this to our attention.LimeFx Team 🚀BIG. Hello PrimalStonecat,We’re delighted to hear about your positive experience with our customer service! 😊 At LimeFx, we’re committed to providing excellent support to traders of all levels. Thank you for choosing us, and we look forward to exceeding your expectations!
LimeFx Demo Account
- As for CFD shares, they can be traded with other accounts as well.
- WhilE LimeFxdoes not charge a fee to fund your trading account, your bank or the payment processor could levy a fee.
- The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since.
- Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities.
- Founded in 2009, LimeFx has grown to become one of the leading online Forex brokers in the world.
After this, you will create an account password and confirm the registration. The first step that you will have to take is to sit back and think about which account you want to create. For this, you will first have to understand what your interests are in the Forex trading market and choose the account that fits limefx company reviews these interests best. This account is a perfect fit for those who follow strict sharia law and they pay a fixed fee instead of swaps. This type of fee is not an interest payment and fully depends on the direction of your order. Because of the way it works, it is also sometimes referred to as a swap-free account.
What Is Forex Trading?
If you use the trading platform outside of these hours, trades will not execute. It is important to note that LimeFx uses variable spreads, as does the interbank forex market. By offering variable spreads, LimeFx is able to eliminate the need for an insurance premium. That would be necessary for fixed spreads since they tend to be higher than the variable spreads.
The webinars are held almost every day and traders can take part in it. The material revolves around fundamental and technical basics, trading indicators, how to determine entry and exit, weekly market analysis, and many others. Other types of account offered in LimeFx Broker is the Shares account.
There’s also a dedicated stock market analysis section on the broker’s website. LimeFx offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MT4 and MT5 software on the move, with full access to the broker’s 1000+ instruments. Where they shine is their dependability with minimal glitches and delays during testing. The built-in news, trading journal and push notifications also ensure you have everything you need to day trade from your hand. LimeFx trading has a really good customer support for South African traders.
When I entered trading with the LimeFx, I had already had a solid sum of money, so I received their two-tier bonus that included 50% + 20% at once. It’s an appealing thing to increase capital under operation this way. Hi, Im a newbie who loves to open position in EUR/USD as daily trader.
There are free and regular intra-day market updates plus technical analysis. There is also multilingual customer support plus Personal Account Managers. Besides the 1000 + CFD products covering a range of asset classes, and regulators including the CySEC, FCA, ASIC, IFSC, and DFSA, you can open an account with a minimum deposit of $£5. The award-winning broker also offers a combination of low spread- high leverage, MT4/MT5 platforms, multiple funding methods, and 24/5 customer support. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. In this review of LimeFx, we share the key findings from our tests. We evaluate, compare and rate the forex and CFD broker in key areas, from its investment offering, trading fees and accounts to its platforms, research, education and customer support. Since 2011, LimeFx has been receiving a warm response from Southeast Asia (Malaysia, Singapore, including Indonesia).