Forex Trading

Is LimeFx a Good Forex Broker?

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 Here, profits generated using the credit could be withdrawn once the account volume reaches 10 micro lots and 5 round turn trades have been completed.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 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.


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.

Copy Trading

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 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.

LimeFx Reviews Read Customer Service Reviews of LimeFxglobal com

That is a healthy number and means even the most discerning trader will be likely to find the market they want to trade. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on and is respected by executives as the leading expert covering the online broker industry.

The cover topics ranging from bare essentials of forex to research on the fundamentals of commodities trading. MT4’s sister platform MetaTrader MT5 is also on offer and offers a slightly different take on the trading experience. Both MT platforms are compatible with PC, Mac, iPhone and Android devices. The competitive pricing is also backed up by clients being offered a free VPS and the behind the scenes infrastructure ensures the execution is fast and reliable.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.

  • LimeFx offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges.
  • The offering of some of the soft/ agricultural commodities, such as Coffee or Corn is more than what it seen for the industry norm.
  • These platforms are known for their user-friendly interfaces, advanced charting tools, and a wide array of technical indicators.
  • These regulatory bodies ensure that LimeFx adheres to strict guidelines, providing clients with a secure and transparent trading environment.
  • Since then, the company has partnered with numerous industry experts and has managed to become a true market leader.

Their partners cover 120 cities and have more than 2.5 million customers in 197 countries around the world. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Other regulation comes from the Cyprus Securities and Exchange Commission (CySEC), the International Financial Services Commission (IFSC) and the Dubai Financial Services Authority (DFSA). While many traders will be happy with this, it’s worth noting that LimeFx doesn’t currently offer CFDs on other precious metals such as Platinum and Palladium. Not a deal-breaker by any means, but something worth bearing in mind if you’re looking to trade CFDs on multiple precious metals.

The good thing that we like is LimeFx’s zero fees on deposits & withdrawals, while some other brokers charge high fees during funding & withdrawals. The inactivity fee is just $15, and for every month that your account remains inactive after that, you will be charged an additional $5 per month. So, if you decide that you do not want to trade anymore, for whatever reason, ensure that you contact customer support and ask them to deactivate your account.

The Advantages of Forex Trading with LimeFx

For a comprehensive comparison of forex fees charged by various brokers, use BrokerChooser’s FX fee calculator. Not wanting to spend money too much, I only took a small position. However, within a few hours, they sent an e-mail stating that they had deemed my transaction invalid and closed the account. The LimeFx management team has spread to 120 cities around the world, aiming to get a better understanding of their clients and partners. LimeFx also places high value to connect clients as humanly as possible. To deliver such interactions, LimeFx Broker frequently hosts seminars around the world.

To determine whether LimeFx is a good forex broker, we need to assess several crucial factors that contribute to a broker’s reliability and quality. Let’s take a closer look at what sets LimeFx apart from the competition. Among the bonuses and promotions available at LimeFx are a 30% trading bonus, 50% deposit bonus up to $500, 20% deposit bonus up to $4,500, and a special referral program.

A good forex broker should provide exceptional customer support and educational resources to assist traders in their journey. LimeFx excels in this area by offering multilingual customer support available 24/5. Traders can reach out for assistance via live chat, email, or phone. Moreover, LimeFx provides educational materials such as webinars, tutorials, and market analysis, empowering traders with knowledge to make informed decisions.

Additionally, LimeFx provides access to various trading instruments, including forex, commodities, indices, stocks, and cryptocurrencies, allowing traders to diversify their portfolios. The broker offers CFD markets in more than 1,200 financial instruments including Forex Trading, Stock, Commodities, Equity Indices, Precious Metals and Energies. When it comes to real accounts, LimeFx Global Broker provides various options tailored to meet different trading preferences.

The Trustpilot Experience

Even though LimeFx provides comprehensive tools, it is still lacking when compared with other brokers, as Autochartist, Trading Central, and TradingView are not yet integrated. We liked that the calendar has a filter function where you can filter for countries, data type and importance. For a more comprehensive, in-depth look at the broker’s services and features, simply expand on the sections below.

What is the minimum deposit for the LimeFx standard account?

This allows traders to get tighter spreads and more accurate quotes. Happy to show you screenshots of the conversation and how rude both of these individuals were. Licensed by some of the most reputable Forex regulators, LimeFx is able to offer its clients safe and secure trading services. The Forex broker is available in over 190 countries around the world and due to its competitive services, it has as many as 5 million clients. On the other hand, if you already have enough experience in the market and want to make the best out of the Forex trading market, it would be a better choice to go with the standard account.

Trading Hours

During this waiting period, it is possible to fund your account before it is live. With regards to the forms, the information you will supply is to make sure that you can be identified by the broker; during this process, you will need to upload some proof of identification. This helps to ensure that your account is only accessible by yourself. Both platforms can be adapted to suit personal preference and there are 1,000s of additional tools available from third-parties. Steven Hatzakis is the Global Director of Research for

What is Base and Quote Currency in Forex?

A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
LimeFx is a good broker for you or not by reviewing the criteria. In general,
LimeFx provides trading service in
Forex , Crypto , Gold & silver , CFD and Oil . The customer support is available via
Email, Phone, Callback and Live chat. LimeFx Global Broker also offers several account funding options, including credit cards, bank wire transfers, and popular e-wallets, ensuring convenience and flexibility for traders.

Other types of account offered in LimeFx Broker is the Shares account. It requires a minimum initial deposit of $10,000 and does not allow hedging. There are no deposit bonuses nor trading bonuses in this account. The minimum trade volume is 1 lot and the contract size is one share.

All in all, LimeFx is a recommended broker especially if you are looking for an ideal broker with low minimum deposit requirements. LimeFx Broker provides 24-hour phone, email, or online chat customer limefx review service from Monday to Friday in 30 different languages. This wide language support made nearly everyone to engage in easy and secure communication with LimeFx’s dedicated support team.

Strict regulatory bodies often come from Australia and Europe as well as from the United States. And the weakest regulator could come from a small country in the Pacific, from Central America or even from a small country in Africa. LimeFx has been in the forex industry since 2009, and over the years, it has built a solid reputation for its transparency and trustworthiness. With millions of clients worldwide, LimeFx has established itself as a reliable choice for both beginner and experienced traders. LimeFx also offers beginners numerous educational materials which can be used by Forex traders to grow as traders and learn more about the market. There are numerous account types available at the Forex broker, making sure that anyone can find something that fits their personal trading needs.

What is social trading

We, at CAPEX, have prepared  this guide to assess the social trading definition and why this form of trading continues to emerge as a frontrunner amongst those who use online broker platforms. We are often told that the only way to profit in the market is to have knowledge that other people don’t. Given that this is a principle that fundamentally contradicts the idea of social trading, you might find yourself asking questions such as, “Does social trading work?

  • First, neither co-founder is planning to leave any time soon, and both will remain shareholders.
  • As a social trader, you are trusting the judgment of a third party while also taking on all of their risk.
  • If you are interested in CFD trading and wanting to learn how to make money from trades, here are a few tips and tricks to help.
  • Like in the Social Trading function you can see transparent the stats of the portfolio.
  • Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors.

In the past, a single forestry permit only allowed a company to carry out one business activity. These top offset projects, such as forestry schemes, hydroelectric dams and solar and wind farms, can’t guarantee additional, permanent greenhouse gas cuts. In some cases, the project might leak greenhouse gas emissions or shift emissions elsewhere. On the other hand, emitters will also be motivated to transition from fossil fuels to renewable energy so they don’t have to buy carbon credits. The government has touted the carbon market as a part of its climate policies. Though Mr. Buchanan and Mr. von Randow were reluctant sellers — they have raised no money and were not seeking a buyer — they said Tiny was a good match.

The online broker is multi-regulated and used by millions of traders. EToro allows you to invest in 1,500 different markets (stocks, currencies, cryptocurrencies, ETFs, and more). Lastly, social trading provides each trader with access to extremely practical and dependable trading information.

There is also potential for those who become expert traders to generate revenue by being copied. As we now know, social trading is the process of utilizing a platform where the application or website allows you to copy experts’ trades. The process of social trading and copy trading fp markets forex broker review is different on each platform, also important to note that not all platforms have this feature. All trading platforms have their own traits and distinction, some even offer bonuses and incentives. It is important to choose a reliable and serious Social Trading platform.

Want to understand social trading better?

Nonetheless, there are minimal restrictions in regard to the investment amount. A social trading system, for instance, can let you mimic other investors for free if you invest at least 200USD in your brokerage account. It can happen that you lose your whole investment amount if the trader does wrong investment decisions in a row. For getting a better result in Social Trading we recommend investing in more than one trader.

To exclude a scam or fraud you should look for an official finance regulation and license of the platform. When you copy trade, or even if you just emulate certain aspects of other traders’ strategies, being mindful of your risk profile should always be your biggest priority. You should consider your risk tolerance level and never risk more than you are comfortable losing. Also, carefully look at the range of risk management tools applied by the traders you are following.

Thus, social trading allows newcomers to learn faster and in a real environment. Not only that, but it also gives them the opportunity to trade with “training wheels” or a “safety net”. In the past it wasnt uncommon for a new trader to blow off all their funds before they learned how to trade. Social trading reduces the chance of such an occurrence, although it doesnt eliminate it completely. Many have the question of is it possible to get experience without big losses?

  • Even as you’re mirroring someone else’s strategy, it is prudent to start performing your own technical analysis as you learn more about the market.
  • As social media and user-generated content became the norm, several newer practices started to emerge.
  • Moreover, with he abundance of online trading platforms available today, requirements such as a large amount of capital or going through a traditional financial institution are also no longer the only options.
  • Check to see if the broker accepts clients from your country of residence and keep an eye on costs and charges.
  • You can select the Essential, Original, and Signature account type.
  • For getting a better result in Social Trading we recommend investing in more than one trader.

The risk number is depending on the maximum drawdown in a certain period. This is a nice shortcut to find the most profitable traders at the moment. If you go with your courser on the pictures there will show up a small description of the trader. Besides, you see the return of investment over the last 12 months and the actual followers of the trader. Traders who want to join Social Trading will find enough offers to copy and follow. Another advantage of the platform is the customization of the Social Trading function which we will show you in the next sections.


However, it also comes with risks, as blindly copying another trader’s actions without understanding the underlying strategies and market conditions can lead to losses. However, bitfinex review that all changed in 2010, following the peak of the Web 2.0 revolution. As social media and user-generated content became the norm, several newer practices started to emerge.

Moneta Markets

Copy trading, created by social trading network eToro in 2010, enabled people everywhere in the world to copy other traders and be copied themselves. Essentially, users were now able to allocate some of their funds to copy other traders, without having to rely on commercial brokers or pay hefty management fees. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Nowadays, Social Trading (link Wikipedia) is a trend for retail investors.

What Is Social Trade

66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations. You can choose to follow the traders you want to learn from and analyze their trades. On a copy trading platform, you pick the trading positions of other traders you want to replicate in your trading account.

The key aspects to consider when choosing a broker for social trading is the availability of this feature. Make sure you always select a broker that is licensed or overseen by a top-tier regulator, such as the SEC in the US, the FCA in the UK or BaFin in Germany. Check to see if the broker accepts clients from review the commitments of traders bible your country of residence and keep an eye on costs and charges. Get more from a personalized relationship with a dedicated banker to help you manage your everyday banking needs and a J.P. Morgan Private Client Advisor who will help develop a personalized investment strategy to meet your evolving needs.

The deal values Letterboxd at more than $50 million, said a person familiar with the sale, who spoke on the condition of anonymity to discuss confidential financial information. There are several benefits that come with adopting the social trading approach. Experience a new level of trading with the right support when you need it. Access all your favourite products from one convenient app through one account.

LimeFx Reviews 89 Reviews of LimeFx com

Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading. All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. If you’re interested in comparing LimeFx against other popular brokers in the industry, check out our LimeFx Vs pages.

LimeFx requires a minimum deposit of 500 GBP/USD/EUR when opening an LimeFx trading account. We understand that informed decisions with LimeFx are the key to successful trading, so we’ve provided this detailed LimeFx review. So, take a seat, grab a cup of coffee, and dive in to learn about LimeFx and how it can benefit you or if LimeFx is not for you. ???????? Gaining experience on a demo account is a smart way to start. Keep learning and practicing with LimeFx, and soon you’ll be ready to earn real income.

What is the minimum deposit for LimeFx?

Though there are such claims by many retail traders, according to most of the LimeFx reviews you can rely on this broker. Like other brokers, LimeFx makes money from mainly spreads & commissions from the registered money makers. There are more than 200 types of instruments available in LimeFx and you can make money by trading spot forex, spot metals, spot commodities, spot indices, futures and shares. That means, you can check the spread before your trading and also get your spread in the middle of your trading. Besides, a small commission is also charged by LimeFx for certain types of trading. I was supriresed to see that this borker enjoys such a good reputation among traders.

  • Keep learning and practicing with LimeFx, and soon you’ll be ready to earn real income.
  • This includes pros, cons and an overall rating based on our findings.
  • Withdrawing money from LimeFx processing time varies depending on the method but averages 1-5 days.

Millions of people worldwide use Android mobile devices and tablets, and LimeFx offers its clients access to the MetaTrader 4 platform on these devices. With the LimeFx MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, limefx website allowing LimeFx traders to stay on top of their trades and react quickly to changes in the market. With the LimeFx MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market. LimeFx has a demo account where you can trade over 200 financial assets with zero risk and no commitment.

Fund your account before carrying out a few trades so as to test out the company’s reliability. The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFx. If the client has any questions, he can contact the support service.

Since most of the time opportunities appear differently on different assets. And you have to follow them to be able to make profits.But don’t get me wrong, LimeFx is a great broker and I like it. Hi Reiner, We appreciate your meticulous attention to online security, and we’re delighted to hear that our efforts to protect your information and funds align with your standards.

Whether you want to trade Forex, Stocks, Commodities or Indices
we will help you find the best online broker for you from 400+ brokers for clients based in the
UK, Europe, Asia, South Africa and Australia. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with LimeFx involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.

Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, LimeFx ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability.

We kindly ask you to reply to our Find Reviewer request on Trustpilot so we can identify you in our system and investigate this matter further. We’re committed to addressing your concerns and improving our services.LimeFx ????????Solid Trading. Hi Jordi, We’re delighted to hear that our trading academy has been valuable to you! ???????? The chart analysis course is designed to provide essential insights, and we’re glad it’s making a difference in your trading perspective.

Payment Methods

The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool. I heard about LimeFx and decided to give it a try, and boy, was I not disappointed. The website is easy to navigate, and the registration process was a breeze. At first, I was a bit nervous, as I am not an experienced trader, but the platform is so user-friendly that I quickly got the hang of it. The variety of trading instruments impresses me – I could choose from forex, commodities, indices, and even cryptocurrencies. Whenever I had a question or a concern, I could easily reach out to the dedicated team that was available 24/7.

???? LimeFx Minimum Deposit :

This shows strong business ethics and a responsible corporate attitude by supporting community development. LimeFx makes a wide range of markets available including access to Forex, Metals, Indices, Commodities, Futures, and Shares. The prevailing opinion is that you open an account and see for yourself what the broker is like to trade with, rather than trusting certain reviews that are not backed up with any evidence or foundation. There is also an FAQ section on the company’s website dedicated to give answers to your most common questions. The section stands out for its tailored answers to specific questions asked by its customers which is proof that the broker does listen to its clients and ensures that their questions are answered.

When was LimeFx founded?

LimeFx is an award-winning global online trading broker that offers STP/ECN services to retail and institutional investors alike. I found the broker to have rapid trade execution speeds and competitive costs. You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as low as 0.0 pips and support in over 30 languages. I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online.

All my accounts closed in one day

Just make sure you check beforehand any costs you will incur. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. They could improve by adding some crypto payment options but that is not really a deal breaker from my perspective.

Traders can use the free MT4 download to install the platform on desktop devices, including Mac. Alternatively, you can trade directly through MetaTrader’s WebTrader. In order for the account application to be completed the applicant will be required to complete a simple online registration form. LimeFx does make partnership options available in the form of an Introducing Broker and  Affiliate Program.

Commission fees can vary depending on the type of financial asset being traded and the LimeFx trading account level held by the trader. 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. Our broker ratings are also informed by the experience of our researchers during the evaluation process. They offer the reliable MT4 trading platform, a range of products, plus competitive spreads and leverage levels.

Additionally, LimeFx allows interested parties to copy the best traders’ strategies via the LimeFx AutoTrade Platform. LimeFx also makes a Personal Multi Account Manager (PMAM) platform available which will allow users to manage several forex accounts with ease. Account holders can also make use of the LimeFx TradeCopier Platform to copy the strategies of top-performing traders in real time. Users can choose to become a Strategy Follower or Strategy Provider. LimeFx lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders. An extensive website section is devoted to trader education, which makes LimeFx suitable for beginners.

13 Tips to Solve Cash Flow Problems

The company expects 1,000 pairs of shoes to be in the beginning inventory, which means a minimum of 4,000 pairs must be produced in July. If the production cost is $50 per pair, ABC spends $200,000 ($50 x 4,000) in the month of July on the cost of goods sold, which is the manufacturing cost. The company also expects to pay $60,000 in costs not directly related to production, such as insurance. The company may want to build out all these aspects to meet demand, but if it doesn’t have enough cash or financing to be able to do so, then it cannot.

For this, we add receipts and deduct payments in cash from the opening balance. It’s also prudent to budget cash requirements for any emergencies or unexpected needs for cash that may arise, particularly if the business is new and all aspects of operations are not fully realized. The capital budgeting numericals are the various types of numbers used in applying different capital budgeting techniques. The idea of this method is to calculate the present value of cash flows.


Job loss can impact anyone at any time, and the financial impact can be devastating. Even if you received a severance package or are drawing unemployment, your income has likely taken a significant hit. Obviously, you want to find a new job, but you also have to cut expenses as low as possible while seeking another position.

  • For operating businesses, maintaining a healthy cash position is essential to meet unexpected liquidity crises.
  • The cash budget can also be used to help prepare the budgeted statement of financial position, part of the company’s master budget.
  • If the ending cash balance is positive or let’s say greater than the required cash requirements then you can use it to invest in any available opportunity or distribute it as a dividend.

The metal boxes company now knows that although both the sales forecast and profit margin are healthy during the first three months, in February it will suffer a cash deficit. The company directors can now consider in advance, how this deficit can be financed. In March the company will have quite a substantial cash surplus and the directors will consider investing this cash to maximise the benefit to the company.

Example of a Cash Budget

At the end of each budgetary term, the ending balance of the cash budget is carried forward to the next term’s cash budget. The capital budgeting sums are the amounts of money involved in capital budgeting. The cost of a project is $50,000 and it generates cash inflows of $20,000, $15,000, $25,000, and $10,000 over four years. A financial professional will offer guidance based on the information provided and offer a no-obligation call to better understand your situation. The value of the opening stock of raw materials in the beginning of the year is Rs.20,000. You are required to present the following for the next year quarter wise.

On the other hand, the liability side shows projections about all Liabilities. And the product of the variance between the asset and liability side will be Cash Balance or Bank Overdraft. A cash budget is essential for companies and is referred to as the “Nervous System of Budgetary Control“.

A cash budget is prepared in advance and shows all the planned monthly cash incomings (receipts) and any planned cash outgoings (payments). The company’s closing cash balance is more than the starting balance. The management of the company may decide to utilize that surplus amount of the budget for its proposed activities. It’s the company’s management discretion that they may pay the surplus amount as a dividend to its shareholders. By preparing cash budgets, organizations can reduce Cash Shortages and lower Ideal Cash Levels. Also, it helps in avoiding severe uncertain consequences in the absence of financial planning.

Expenses Exceed Income

The cash budget can also be used to help prepare the budgeted statement of financial position, part of the company’s master budget. A proportion of materials are purchased before they are required for manufacture and therefore there will be a material inventory at the end of March equal to 50% of April’s sales requirements. If April’s sales are forecast to be $700,000 then the material inventory will be $87,500 ($700,000 x 0.25 x 0.50). The budget process involves creating numbers to enter in the budget, publishing the budget numbers and distributing those reports to management. Cash budgets include information regarding the company’s expected financing needs. Once management reviews the cash budget, they make decisions based on the expected financing needs.

Importance or Objectives of Cash Budgets

A cash budget should take into account expected cash flows, such as revenue, as well as operational outflows due to returns, payroll, rent, utilities, supplies, and other costs of running the business. Cash budgets are usually viewed in either the short-term or the long-term. Short-term cash budgets focus on the cash requirements needed for the next week or months whereas long-term cash budget focuses on cash needs for the next year to several years. Businesses need to manage their cash flow to enable them to operate effectively. It is important to be able to interpret a cash budget and justify suitable solutions to cash flow problems.

By this method, we can estimate the cash position at a particular time. For this purpose, we prepare a Budgeted Balance Sheet at the end of the budget period. So now the company can see that while the sales revenues figures may be healthy there is a delay between making the sale and receiving the cash. It matters if the company needs to pay cash out in order to keep trading.

A business owner may choose to borrow funds from one of two banks. One bank may offer a lower interest rate, which can be quantified and reported on the cash budget. The other bank may offer better customer service and offer nonfinancial perks for borrowing from them.

If the forecasted budget shows a high surplus of cash balance, the company may use it correspondingly by preparing a financing budget. The management may try to invest in property, plant, and equipment, invest in some other fixed asset, or may distribute the surplus funds to other necessary functions within the company as per need. What do you think, Making a cash budget is important for any business?

Which of these is most important for your financial advisor to have?

If the actual financing needs are less than the budget, management has already committed to the financing for the budget period. If the actual financing needs are more than the budget, management has not committed to enough financing and will incur a cash deficit. Management will need to borrow money at higher than planned interest rates to meet their cash needs. Cash budgets include information regarding the company’s expected financing needs. Short-term cash budgets will look at items such as utility bills, rent, payroll, payments to suppliers, other operating expenses, and investments. Long-term cash budgets focus on quarterly and annual tax payments, capital expenditure projects, and long-term investments.

For operating businesses, maintaining a healthy cash position is essential to meet unexpected liquidity crises. So, to avoid any future cash mishap, you should know your projected cash requirements and cash position at the end of the month. Here, the solution is simple- Prepare a cash budget and stick to it. A cash budget is an estimation of the cash flows of a business over a specific period of time.

LimeFx Broker Login

With LimeFx you can trade more than 3138 instruments, out of which 2,170 are physical stocks. MetaTrader platforms are well known for their reliability which is the reason why they stay relevant in the modern world. MT4 was developed in 2005 and despite its old-fashioned design, most Forex brokers offer the trading software to their clients. MT5 was released 5 years later, in 2010, and offers access to a wider range of trading assets. Note that MT4 was designed for and is still mostly focused on Forex trading. This type of account includes two subaccounts – the strategy providers and followers, and you can choose to trade using any of these two types.

  • LimeFx offers reasonable trading fees across various account types.
  • In order to better understand the difference between LimeFx and competitors, let’s compare commission-free accounts side by side.
  • All information on is only published for general information purposes.
  • On the downside, there’s a $5/m inactivity fee after 6 months of inactivity, and this becomes worse and worse the longer the account remains inactive.

LimeFx is a financial trading services provider that has been in the industry for more than 10 years and operates more than 3.5 million trading accounts. The broker has made its way up quickly among top financial brokers by securing important partnerships and offering a wide range of tradable assets. LimeFx offers reasonable trading fees across various account types. In order to better understand the difference between LimeFx and competitors, let’s compare commission-free accounts side by side. Based on our research, we can recommend XTB for beginners since it did a great job incorporating state-of-the-art educational resources and research tools. XTB’s trading platform is quite user-friendly and the spreads are lower than the industry average.


If you choose to be a strategy provider, you can start by depositing at least $500, build your trading strategies, and create your followership base, where you can earn 50% from followers’ fees. Note that there are no added commissions to this trading account, and the trading fees are incorporated into the spread. Micro accounts are very useful not only for beginners that are trying to test the waters but also for experienced traders that are trying to test their trading systems without risking too much money. Physical stocks are preferred for long-term investors as usually, there’s no leverage offered and swaps are not charged for keeping positions longer than a day. On the downside, physical stocks are taxed by certain governments.

  • Or by the use of MT4 MultiTerminal with access to manage multiple accounts simultaneously, however desktop version still remains the most complete with all features and add-ons available there.
  • Now you can deposit, but even more importantly you can withdraw your profits directly into your crypto wallet.Great addition, which makes LimeFx an even better broker.
  • Having proper support is one of the most important factors in choosing the right broker.
  • Once your demo account is set up, the broker provides you with up to $100,000 of virtual test currency to start trading and testing your trading strategies.
  • On the downside, physical stocks are taxed by certain governments.
  • However and unless you trading through swap-free accounts designed to traders following Sharia rules, as these accounts restricted from any interest rates or swaps.

Traders using LimeFx Micro accounts have full access to all financial instruments, and they can use every trading platform provided by the broker such as MT4 and MT5. Various payment methods will process withdraw money in slightly different time. LimeFx accounting team confirms transactions quite quickly as we had on our trade test, yet the matter might take longer due to payment providers. Alike Wire transfer will take 2-10 working days, also depending on your bank and international policy processing, while ewallets will load the request Instant. Forex trading also offers high liquidity, low transaction costs, leveraged trading and the ability to trade 24 hours a day, five days a week.

The 100% supercharged bonus awards you a daily rebate of $2 per traded lot, while the 30% rescue bonus gives you a financial boost to leverage your trading position without borrowing a margin from the broker. Throughout this LimeFx broker review, we have analyzed all the products and services available, and we found a clear consistency in the offers and a clear statement of the services. The LimeFx live chat provides a fast solution for users requiring urgent support. The communication was smooth and their customer support agents were able to answer trading-related inquiries in a professional and timely manner. Having proper support is one of the most important factors in choosing the right broker.

Forex Trading

Customer support offices are located in 10 countries and clients can communicate with local and global offices over the phone, email, or chat live straight from the broker’s main web page. The mobile app provides traders with a full set of market and limit orders. However, it’s not recommended to conduct market research using your mobile. In order to trade professionally, you need a PC screen where you can see more clearly. However, mobile apps are quite handy in emergency situations like power outages and computer failures. LimeFx’s mobile versions of MT4 and MT5 provide all the necessary features for monitoring your trades effectively.

LimeFx broker offers a percentage allocation management module (PAMM) account type, where multiple investors put their money into a pool that an account manager uses to invest in different markets. LimeFx provides an variety of account options with 6 different accounts based on specific requirements. The range offers Micro, Premium, Zero spread, HFCOPY, PAMM Premium Accounts, and Swap Free Accounts, also you can select the Islamic Account suitable for traders from the MENA region or beyond. Forex, short for foreign exchange, is a decentralized global market where currencies are traded. One of the key advantages of forex trading is that it allows individuals and institutions to trade on currency volatility.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The website is operated and provides content by HF Markets (Europe) Ltd. No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus.

About this app

MT4 and MT5 LimeFx terminals available in various versions that suit your personal needs and allows efficient trading through the Desktop Platform, WebTerminal which is compatible with any browser. Or by the use of MT4 MultiTerminal with access to manage multiple accounts simultaneously, however desktop version still remains the most complete with all features and add-ons available there. LimeFx withdrawal options including cards, bank transfer by far most used option and various ewallets.

Dormant accounts will be charged a fixed fee of $5 monthly up until a year. If the inactivity period extends to between 1 year and to 2 years, the broker will increase the inactivity fee to $10. If there are no trading activities or no transactions for at least 6 months, the account will be considered dormant. In the myHF area, you will be asked to complete full information about your account, and your trading experience. LimeFx broker is trusted by many investors who look for trading according to the Islamic faith, and want to keep trading righteously. LimeFx’s Islamic account does not come as a separate type of account, rather, it converts another type of account into a swap-free account.

They value their customers in every way…

Whereas, educational material is essential for novice traders to become professionals. Once your trading platform is ready, you are ready to make your first deposit. Choose the payment method that you want, and fund your trading account to start trading and making money. In addition, you will be asked some questions regarding your trading experience, which financial instruments you are familiar with, and for how long you have been trading. Checking your level of experience is requested by strict regulators to protect traders’ interests.

Some time ago I saw that a few traders complained about the unmodern design. And now the company has corrected it.Broker is also constantly improving its services./ I have noticed this in my experience. There is a large variety of research tools and educational material provided by LimeFx. The trading tools such as the economic calendar and calculator give you a better insight into the markets.

Overnight Fee

Traders need to stay up to date with economic news and events that can affect currency prices. You can find out when major economic news is due for release on our Economic calendar. By trading Forex CFDs, individuals can buy and sell currencies based on the predicted difference in exchange rates. For scammed by limefx example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate. If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid.

Discover Multiple Platforms

Zero-spread accounts are the preferred choice of high-frequency and algorithmic traders. LimeFx provides an award-winning MT4 Platform as its main trading software and its newer version MetaTrader 5. There are multiple ways to fund trading accounts supported by LimeFx. Besides broker issue its very own LimeFx MasterCard for a straight transaction and the ability to make safe online payments. Yet, we found not very wide range of trading instruments for European clients, it might be the case of regulations, but yet is good to check other industry proposals too.

Using the Micro account, a trader can place market orders with a minimum contract size starting from 0.01 lots, and a relatively lower deposit requirement. Unfortunately, you won’t find exotic ones with this broker and to be honest, most traders avoid trading exotics anyway due to low liquidity and high spreads. LimeFx broker offers one of the largest varieties of tradable products in 7 different markets. You can find more than 3,138 securities that can be traded in Forex, commodities, indices, bonds, ETFs, stocks CFDs, and physical stocks. I am a client of this broker and I want to write a few words about how this company operates. It seems to me that this company takes heed of clients’ feedback.

Microeconomics vs Macroeconomics: A Simple Guide

This textbook is extremely well written and clearly explains the topics offered. Education resources such as these texts are way of bridging the gap between the divided world. Especially texts on Economics can be used to do this bridging very well. I would use many examples from around the world in my classes of Macro and Micro Economics.

Macroeconomics may be defined as that branch of economic analysis which studies the behaviour of not one particular unit, but of all the units combined together. Microeconomics may be defined as that branch of economic analysis which studies the economic behaviour of the individual unit, maybe a person, a particular household, or a particular firm. There is, of course, the concept of a Robinson Crusoe Economy where the country has just a single person performing all the economic activities by himself. The name is borrowed from the title of a book by Daniel Defoe about a man shipwrecked on an island. But this is merely an analytical tool to facilitate the understanding of the complex reality of an actual economy.

Theory of Income Distribution:

While the equilibrium of the firm is attached with “Minimization of Costs” or “Maximization of Output”. It is examined how he satisfies his multiple ends with his scarce means e.g., why consumers purchase goods and which factors influence their decisions. In other words, theory of utility, concepts of demand and elasticity of demand are studied in it.

  • Land, labour, capital and entrepreneur are all factors of production and contribute to the process of production.
  • Fundamental and value investors may disagree with technical investors about the proper role of economic analysis.
  • A firm can get maximum profit when marginal revenue is more than marginal cost.

Tables like table 1.2 can be culturally sensitive especially in an era where trade wars and controversies are happening with this country. The text is easily and readily divisible into smaller reading sections that can be assigned at different points within the course (i.e., enormous blocks of text without subheadings should be avoided). The text should not be overly self-referential, and should be easily reorganized and realigned with various subunits of a course without presenting much disruption to the reader. The text covers several relevant topics that are presented in a logical, and clear fashion.

Understanding Microeconomics

Generally the text will not become obsolete in a short period of time yet the authors will need to either update the data within the text or provide updated links to the already numerous web sites referred to within the text. I found the text easy to read and interesting, well organized in a logical order. Hyperlinks to different websites where examples came from are provided for further reading. Very well demarcated into modules for easy reading and understanding.

The base content is up-to-date and in general the content taught in a standard principles class will not change frequently. Some of the examples and policy applications are somewhat out-of-date. For example, one example concerns Netflix charging for streaming and DVD rentals, which most college students won’t really connect with as they don’t consume DVDs anymore. Any economics textbook will have to deal with this dilemma and new editions and updates are straightforward; however, this book may be out of date within two or three years.

Scope And Purpose Of Microeconomics And Its Significance In Business Decision Making

Also join our Facebook Group “Economics Students Society” to stay connected with us and receive different knowledgeable material uploaded on Page. The text is very consistent in using the same terms and framework through all the chapters. It can compete on an equal footing with textbooks offered by traditional commercial publishers. The book is relevant today and I believe it will be relevant long term. The text is free of significant interface issues, including navigation problems, distortion of images/charts, and any other display features that may distract or confuse the reader. Principles of Economics is free of significant interface issues, including navigation problems, distortion of images (or charts), and any other display features that may distract or confuse the reader.

Theory of Consumer Behavior

Microeconomics is concerned with the economic activities of such economic units as consumers, resource Owners and business firms. Understanding microeconomics helps in effectively researching and promoting products. Research is useful in investigating potential customer demand and in developing products that best match desired benefits.

On the consumer side, their efforts include rigorous mathematical modeling of utility that incorporates altruism, habit formation, and other behavioral influences on decision making. Consumers and firms interact with each other across several markets. One such market is the goods market, in which firms make up the supply side and consumers who buy their products make up the demand side. Different goods market structures require microeconomists to adopt different modeling strategies. For example, a firm operating as a monopoly will face different constraints than a firm operating with many competitors in a competitive market.

The higher your prices, the lower the size of the population who will buy them. However, if you offer lower prices than the market demand dictates, you leave money on the table and you might also end up with shortages of your product or services. This can cause customer alienation and negatively affect the business in the long term.

Neoclassicals believe in constructing measurable hypotheses about economic events, then using empirical evidence to see which hypotheses work best. In this way, they follow in the “logical positivism” or “logical empiricism” branch of philosophy. Microeconomics applies a range of research methods, depending on the question being studied and the behaviors involved. Competition acts as a regulatory mechanism for market systems, with government providing regulations where the market cannot be expected to regulate itself. Regulations help to mitigate negative externalities of goods and services when the private equilibrium of the market does not match the social equilibrium. Price theory focuses on how agents respond to prices, but its framework can be applied to a wide variety of socioeconomic issues that might not seem to involve prices at first glance.

Macroeconomics analyzes how an increase or decrease in net exports impacts a nation’s capital account, or how gross domestic product (GDP) is impacted by the unemployment rate. (iii) By setting up production units in remote areas to employ labour at notoriously low wage rate. Microeconomics is concerned with study of parts but not the whole. In terms of individual terms, it is impossible to describe large and complex universe of facts like economic system. It also helps entrepreneurs to achieve optimum production point with their budget constraint.

Principles of Economics is up-to-date since it tackles several current economic topics such as environmental protection, poverty, inequality, healthcare, race, gender, immigration, among others. In future editions, I think topics such as protests, (social) justice, political polarization, pandemics (vaccines), and the future of the green economy might be useful for our undergraduate students. The text is written in such a way that it will not be tedious to implement such updates. Economic concepts are used to analyse the utilisation and depletion of natural resources.

Useful in business decision-making

Because the cost of not eating the chocolate is higher than the benefits of eating the waffles, it makes no sense to choose waffles. Of course, if one chooses chocolate, they are still faced with the opportunity cost of giving up having waffles. But one is willing to do that because the waffle’s opportunity cost is lower than the benefits of the chocolate. Opportunity costs are unavoidable constraints on behaviour because one has to decide what’s best and give up the next-best alternative.

The branch of microeconomics that deals with firm behaviour is called producer theory. Producer theory views firms as entities that turn inputs—such as capital, land, and labour—into output by using a certain level of technology. Input prices and availability, as well as the level of production technology, bind firms to a certain production capacity. The goal of the firm is to produce the amount of output that maximizes its profits, subject to its input and technology constraints. Microeconomics is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. Microeconomics is the social science that studies the implications of incentives and decisions, specifically how those affect the utilization and distribution of resources.