Before you decide whether you want to create LimeFx ultra low account vs standard account or any other, let’s discuss the safety and security of the Forex broker. Since LimeFx uses MT4 or its newer version MT5 you are able to use its powerful capabilities along with automated trading or trading robots. EAs available with unlimited use of charts for those that prefer technological trading, also great manual trading tools will assist in your strategy as well.
Multilingual customer service is available in over 30 languages, including English, Chinese, Russian, Spanish and Arabic. You can contact the broker 24 hours a day by telephone, email, and live chat. Previous incentives, available to global clients, have included a $30 no-deposit bonus. Here, profits generated using the credit could be withdrawn once the account volume reaches 10 micro lots and 5 round turn trades have been completed. While using LimeFx, we were particularly impressed with the turbo stocks, which offer highly leveraged trading on a handful of popular shares. The availability of fractional shares is also a bonus, allowing traders on a budget to speculate on high-value stocks.
Both of these trading platforms are very well-known in the market and they are used by millions of traders around the world. The broker also offers traders two of the best-known trading platforms in the market, MT4, and MT5. These trading platforms are very well-known around the world and are used by the majority of Forex traders. LimeFx is one of the better brokers we have tested for day traders. We recommend the Zero account and the MetaTrader 5 platform for day trading.
To get this bonus, it’s very easy, namely, traders who deposit at least $ 5. Because the fee for trading on each LimeFx account is also deducted from $ 5, so in my opinion this figure is quite reasonable and normal. This bonus is also available on all platforms, both MT4 and MT5. Basically, if you are a trader from the country https://limefx.name/ that regulates the broker, you will follow the rules of your country. And if you are a trader from outside the regulated country, you will use the trading term chosen by the broker. Usually, the broker will choose a regulator that has more favorable trading conditions, such as allowing high leverage and minimum deposit.
For example, we didn’t get a clear answer to our query on how swaps are calculated. On other days, the answers were on point – it’s hit-or-miss.Email support works great. You cannot set alerts and notifications on the LimeFx mobile platform.
A QUICK REVIEW OF LimeFx MICRO ACCOUNT
The main idea behind offering so many different accounts to traders is to make sure that anyone can find something that they are looking for in the market. All of them are very exceptional and offer traders different types of conditions. LimeFx is one of the best forex and CFD brokers based on our assessment.
Hedging is allowed, and the minimum trade volume is 0.01 lots in MetaTrader 4 and 0.1 lots on MetaTrader 5 platform. The amount of open or pending positions that traders can open at a single time is up to 200 positions with up to 100 lots per ticket. LimeFx Broker provides rapid processing of payment such as deposits and withdrawals that are supported by many types of transfer methods. In this case, traders can choose to fund their account via bank transfer, credit card, or e-payments like Skrill and Neteller. Another specialty of LimeFx broker is the availability of free (no fee) deposit and withdrawal options. All in all, there is no doubt that LimeFx has gone global with its deep commitment to providing trading services in more than 15 languages around the world.
The LimeFx VPS brings non-stop work without your monitoring or even having the computer on. Clients that maintain a minimum amount of $5,000 or equivalent, are eligible to request a Free VPS, for the ones’ that can’t meet the requirement, still can request a tool with a monthly cost – $28. You may see also swap fee conditions on the snapshot above, as well for better information check out and compare LimeFx fees with another broker Pepperstone. Bonus 100% limited to 500 usd, it’s better to increase the amount limited bonus.
Read more, why trade with Australian Brokers by the link so the regulatory obligations are covered at a sustainable level as we see through our LimeFx Review. We consider LimeFx a safe broker to trade Forex and CFDs, since LimeFx is regulated and licensed by several top-tier financial authorities including FCA, ASIC, CySEC. Clients of LimeFx can set up their accounts to be in the following base currencies – USD, EUR, GBP, CHF, AUD, HUF, JPY, AUD, RUB, SGD, ZAR and PLN. Funds can be paid in using debit card, credit card, bank transfer or ePayment agents. LimeFx offers its clients everything they need to trade and a chance to improve their chances of success. The link to opening an account with LimeFx is found on the broker’s homepage.
- Traders who sign up with the global entity will also be able to take part in various competitions that offer a range of prizes, including withdrawable cash, bonus credit, and pre-funded trading accounts.
- Fill in the required information, choose the account type, and submit the necessary documents for verification.
- Additionally, LimeFx provides access to various trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies, allowing traders to diversify their portfolios.
- Margin call warning is a notification mechanism, to inform you that your trading account lacks the required equity to maintain trading positions.
- Claim your profile to access Trustpilot’s free business tools and connect with customers.
- The usual Gold, Silver, Oil, Gas and Copper are all available to trade.
For electronic withdrawal, there is support for SKRILL, NETELLER, FasaPay and Web Money. Even though there are some restrictions, LimeFx offers a vast list of methods to support bank transfer. To set these, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings). The broker also offers a range of trading platforms, including the popular MetaTrader 4 and MetaTrader 5, as well as its own proprietary platform, LimeFx Global Trader. LimeFx accepts various payment methods, including bank wire transfers, credit/debit cards, and electronic payment systems like Skrill, Neteller, and WebMoney.
How Forex Affiliate Programs Work (How Forex Affiliate Partnerships Can Make You Rich!)
These include Micro, Standard, and LimeFx Ultra Low accounts offering competitive spreads, flexible leverage, and fast execution. Additionally, traders can choose from a wide range of trading instruments, including forex, stocks, commodities, indices, and cryptocurrencies. There are numerous Forex traders that are using this account type because it offers everything that a trader would want from a Forex broker. Since LimeFx standard account minimum deposit does not differ from the other accounts, it can be created by even those who do not want to invest a lot of money in the market initially. In conclusion LimeFx Review, it is a well-regulated broker with numerous highly respected licenses that delivers truly transparent conditions and is an extremely customer-friendly broker. No re-requotes and no hidden fees or commissions policy, as well Negative balance protection definitely a plus.
The LimeFx exchange offers investors nearly 60 currency pairs and 1,000 CFDs on stocks, commodities, ETFs and cryptocurrencies. You will easily find the trading products you are interested in in the market. Furthermore, Metatrader 4 (MT4) and Metatrader 5 (MT5) are the standard trading platforms of the LimeFx exchange. 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.
What trading instruments are available on LimeFx?
There are a few exceptions though; among others, you can’t open an account from the USA, Canada, China, Japan, New Zealand or Israel. Overall, due to a long history of responsible behavior, strong international regulations, and wide industry recognition, we consider LimeFx to be a trustworthy and safe broker. LimeFx is regulated by a total of three regulatory agencies around the world. They are the Cyprus Securities and Exchange Commission, CySEC, the Australian Securities and Investments Commission, ASIC, and the International Financial Services Commission of Belize, IFSC. The firm is authorized by tier-one regulators, has received dozens of awards and proved itself to be a reliable forex and CFD broker during our tests. Our team also didn’t uncover reports of major scams or safety issues during their research.
Been with LimeFx for about 3 years .. worst customer service
Traders registering with LimeFx have the choice of three account types- The Micro, Standard and the Zero Account. While the trading conditions like the number of base currencies, contract size, and the spread are a factor of the account type, the CFD broker does not charge commissions. The only costs are the spread, which starts at 0.1 pip for the major FX pairs and the swap for holding overnight positions.
Uniquely developed free tutorials on how to get the best out of the trading platform and free live webinars are available to those who want to perfect their trading skills. LimeFx Group is a MetaTrader-only broker that offers an outstanding selection of high-quality educational content and market research. LimeFx is considered a moderate to high risk broker for traders in South Africa because of the fact that they are not locally regulated. Their parent is regulated with CySEC, but traders from SA are registered under LimeFx Global (FSC) in Belize. And they don’t have a local phone number in South Africa for getting local support.
All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. On the other hand, as we noticed LimeFx has limited portfolio for EU clients, and outside EU clients there is no good investor protection. The main limefx review branch located in Cyprus regulated by CySEC, yet offices are truly cover global needs and serve through Australia, UK, Belize, Greece also authorized in Dubai and MENA region. Stay away from LimeFx you will make profits when it’s time to withdraw they will tell you you violated their rules LimeFx should be shut down by the regulators.
Most of the education section on LimeFx is based on video content. You can dive deep into topics ranging from an introduction to financial markets through money management and trading strategies to technical analysis. Each chapter has several lessons, all available for LimeFx users only.Beyond these prerecorded materials, they offer live training both online and offline for various experience levels.