In order to be sure that LimeFX is not a scam, read our trader reviews and check other popular trading related websites and forums. It is software-based and full of tools for advanced analysis and automated trading as well as different perks such as editable charts and small minimums. R StocksTrader – enables trading of more than 12,000 trading instruments via the platform bearing the same name. This is the only LimeFX account with a minimum deposit requirement of $100 as with all the others the threshold is $10. We often say that a certain trading broker is appropriate for beginner traders but this probably applies most to LimeFX.

Presently, it provides platforms for trading CFDs, currencies, and metals. They provide numerous types of accounts with variable or fixed spreads, so according to their preference dealers can select. By offering a good range of tradable assets, by using innovative technologies, and varied account types, merged with the now many years of experience, LimeFX found the right formula to capture users’ attention. LimeFX aims at providing its clients and partners with a great trading environment, regardless of their experience and the number of their LimeFXs.

• Your LimeFX may not be eligible for investor protection in your country or state of residence.
• We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns.
• LimeFX mobile tradingAll platforms are available in 22 languages for both iPhone and Android users.
• It is also in the fact that the constituents of the index represent 80% of the US stock market capitalization which means trading brokers are offering a large basket of stocks that can be purchased in just one move.
• The broker offers an impressive selection of platforms, including MT4 and MT5, which we explore in this review, along with regulation, bonuses and deposits.

The company has also made the news as the official partner of BMW M Motorsport and has secured a sponsorship deal with Muay Thai Fighter and world kickboxing champion, Andrei Kulebin. Your message contains no data which is necessary for closer study. If you have already contacted our Live Support with this issue, please specify the ticket number. Otherwise, create a ticket from your members Area and provide a detailed description of your issue. Stockbrokerviews.com needs to review the security of your connection before proceeding.

Deposit and withdrawal

Keep in mind that a margin account is required in relation to long or short options spread/vertical spread. LimeFX provides its clients access to trade forex through their mobile devices. Clients can also partake in copy trading through the CopyFX platform, which works similarly to ZuluTrade.

The company currently holds the Global Forex Awards for the Best Mobile Trading App and the Most Trusted Broker . However, we should note that trading in financial assets can result in losses. Make sure you do thorough research on strategies and this activity in general beforehand. I can’t really say https://limefx.vip/ it’s the best as I’ve only traded with one company, so don’t really have anyone to compare it with. If you just look at terms, there isn’t much variation among the big brokerage firms. But when it comes to reliability and transparency, my impression is that LimeFX is a trust-worthy company.

• 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.
• That means traders in the EU regions can safely signup and trade according to their regulations.
• To take advantage of the continuous price variations, scalpers must dedicate several hours of activity to graphs, keeping a steady and constant focus and carrying out many operations.
• As international financial services providers, brokers that are regulated have to follow certain rules when it comes to their clients and the management of money.

Whether you have a general inquiry like how to register for a real account or a time-sensitive trading issue like a login problem, LimeFX provides several help options for fast and effective assistance. LimeFX is a popular and reputable broker with over ten years of trading experience and more than a million global clients. However, the firm’s regulation by the IFSC leaves something to be desired, with the regulator not providing the protection of a tier 1 body such as the UK FCA. The gold spread is not very competitive, with Pro and ProCent accounts subject to 17.5 pips and typical spreads for ECN accounts around 9.5 pips on XAU/USD. Brent crude oil markets fare better, with typical spreads at 5.7 pips on STP accounts and 3.7 for ECN. Energy, soft commodity and precious metal markets are all available on the platform, with users able to invest in or speculate upon everything from wheat and coffee to gold and oil.

They usually charge either a daily/weekly or monthly fee for this service but do not offer any information that helps the trader make money. They will usually have a slew of testimonials from allegedly legitimate sources in order to gain the trader’s confidence yet in reality do nothing to forecast profitable trades. Now that you know a little about each of the top automated forex trading brokers you can choose from, it is natural that you may wonder what the best trading platform is for getting started in automated trading. LimeFX allows you to remove the psychological component through automated trading, but also remove the spread component through fixed spreads.

What tier-1 jurisdictions is each broker regulated in?

Thus, the maximum number of coupons for a single Live Account is 2. Each coupon allows the owner to deposit $15 as “Welcome Bonus 3.0”to any LimeFX account. The company has also opened a marketing office located in Shah Alam. As per 2021 official data, the 5-year annualized return of the index is 18.48%.

You can always open new trades to take advantage of the opportunities perceived. LimeFX offers up to 33 cryptocurrency types from which to choose. Traders now have various choices to diversify their LimeFXs. Trading cryptocurrencies is the same on all its platforms, though you can access the complete list only on the RTrader. The typical analysis used in forex trading is technical analysis.

The RStocksTrader allows access to all the markets and provides in-depth technical analysis, market news, multiple charts, and more. A clear candlestick chart display helps you see crucial details at a glance, including opening price, highs, lows, and closing. These platforms include drawing limefx reviews tools, allowing you to construct trendlines to understand the market’s position. Like indices, ETFs are also popular because it lets you trade a group of company shares as a single stock. The minimum deposit to trade ETF on LimeFX is $100, higher than the Standard account minimum deposit.

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. Clients that wish to deposit to their LimeFX wallet directly with GBP are quite restricted.

Is it possible to transfer positions in stocks opened with a third-party broker?

Clients of all forms are well supported, with both STP and ECN accounts, derivatives and LimeFX 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. However, the firm does impose relatively high trading commissions and limits base currencies to USD, EUR, CNY and gold. LimeFX Ltd. was founded in 2009, becoming regulated by Belize-based overseer the IFSC in the same year.

The analysis would have given you enough information and helped you decide on a strategy. But it is not wise to trade with real money until you have tested your approach. If you desire real market tests, then the cent account is a great option. With as low as $10, you can enter the real forex market to test your styles and strategies before making a full commitment.

An investor depositing just $10, for instance, to a Pro Cent account will have an account balance of 1,000 Cents. As a result, Cent accounts are excellent not only for novice traders to test their trading strategies – and learn while practising with real market conditions – but also for professionals. The entity developed LimeFX platforms for its clients, taking into account the needs of investors.

cTrader

R WebTrader offers traders many advantages, allowing trading of your MT4 accounts conveniently from anywhere in the world – and on any mobile device, with the R Trader Mobile version. For the LimeFX Pro Cent account, the minimum deposit is just $10, and trading is offered via MT4, MT5 and LimeFX’s RTrader platform. With a minimum order volume of 0.1 for the Pro Cent MT4 and 0.01 for the Pro Cent MT5, pricing is average, with a variable spread starting at 1.3 pips, but with no added trading commissions.

Traders can also make use of algorithmic trading, copy trading and several different order types when trading on all of the above. Not all regulators are considered equal, however, and it is important that the broker that you want to use is regulated by an authority based in the country that you reside in. CTrader is a trading platform that is considered to be intuitive and easy to use, with advanced trading capabilities. This includes different strategies, the use of expert advisors and even things like social or copy trading.

• MT4 includes all the essential features a beginner or advanced trader would need, with 50 indicators for technical analysis, basic graphical tools, and 3 order execution types.
• That means traders can access all instruments and essential tools to trade conveniently.
• Finding out the asset’s past price movements is key to successful trading decisions.
• Been using this broker for 4 years along side others of course and have never had a single issue.

Deposits are free on all of them, but withdrawals cost a 2.6% charge plus $1.3. Processing time for withdrawals can take between two to ten days, depending on the card. After entering the username and password, you would confirm the login by the verification instructions. It could be entering a unique one-time code that the broker sends to your phone or email. Or any other method that the broker requests to confirm you are you.

VISIT US now to get useful and important information about the top Forex brokers. Availability of help will vary, with some brokers offering a 24/7 service, while others will only be available on weekdays, for example. The more regulation that a broker has, the safer your money should be while you are using their services.

However, alternative e-wallet services Skrill and Neteller are supported. Safety is the most crucial consideration for many investors when looking for a broker as scams are rife within the CFD and LimeFX sphere. Minimum deposits start at $10 or equivalent, though minimum withdrawals are as low as $1 with specific methods.

LimeFX review – Should you sign up or not? – Broker test

These scams often involve a trader taking your money and instead of investing it, they use it to buy all sorts of luxury items for themselves. When the victim eventually asks for their money back there is not enough money left to repay. Forex robot scammers lure novices with the promise of big gains from little effort or knowledge. They may use of fake or misleading figures to convince customers to buy their product. Their promises are flawed as no robot can adapt and thrive in all environments and markets.

No information or opinion contained on this site should be taken as LimeFX advice, personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments. Past performance should not be considered evidence or guarantee for future performance. The two main account types featured by LimeFX are retail and professional. Retail clients are allowed to trade all financial assets on the platform and use the CopyTrader functionality. In general, they have to comply with quite a few restrictions but enjoy a greater level of protection thanks to measures such as the Investor Compensation Fund.

The broker complies with the highest standards regarding the client’s funds safety. Therefore, LimeFX client’s funds are kept in top-tier international banks, such as the Barclays Bank, in segregated accounts. LimeFX provides LimeFX education resources for traders of all levels. Beginners’ resources include video tutorials, trading guides, and FAQs, which provide relevant basic information for newcomers. Several terms and conditions are attached, but traders get the opportunity for increased profits without the risk of leverage. Choose a deposit from the options and select your preferred money transfer option.

Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. Provides financial services only to the residents of the EU/EEA countries. Weighted average price and sum volume are calculated separately for all open deals in short and all open deals in long positions of an instrument. They are assigned as new open price and new volume for the deal, with maximum volume for long and short deals accordingly.

LimeFX (LimeFX.com) global website, Regulations, regulated entity page. LimeFX does not charge any deposit fees, and deposited funds are available almost instantly. Each card used for a deposit transaction on the account must be verified by the broker before rebates will be credited to the account. Expert Advisors and social trading also serve as great education sources for every trader. Deposits and Withdrawals using a SEPA member bank can take up to three days to settle. The most popular choices are credit cards and debit cards, such as MasterCard, Visa, JCB, and UnionPay.