LimeFX Forex Broker has Rounded Up Excellent Opportunities and Valuable Fintech Solutions for Traders

I spent a few days testing the desktop, web and mobile platforms provided by LimeFX. I found that the MT4 and MT5 platforms were like those offered by other brokers. The company’s own mobile trading application was also a good one since it is updated regularly and was very easy to use. Still, I was concerned about the company’s lack of a wire transfer option. It also took some time to understand its account types and pricing structure.

You can easily switch between free and real accounts when you need to. LimeFX understands how important it is for novice traders to get a feel for how financial markets work before investing real money. Hence the broker introduces LimeFX demo accounts, a simulated market environment that enables its customers to experience real-life trading without putting their wallet at risk.

All clients’ funds are kept separate from the company’s and are securely stored in segregated trust accounts. The company guarantees that client funds are never used for operational or LimeFX purposes. Yes, LimeFX offers more than ten indices for traders to choose from.

• Thanks to their high volatility, energies draw the attention of many traders and are often used to diversify one’s trading portfolio.
• Payment methods – LimeFX provides several options of depositing funds, including mybux, USDT, Bitcoin, Bank Card, Neteller, Perfect Money, WebMoney, and Skrill.
• The platform also features an integrated fundamental calendar and exclusive indicators.
• It is a unique trading account type that deals with cent lots.

It is a separate page with a FAQ section where clients can find answers to any request they can have. Fundamental analysis (46 graphical objects and 22 analytical tools alongside 40 built-in indicators). Enriched analytical analysis with diversified instruments (23 objects alongside 30 built-in indicators). This is the trading method where the broker uses precious metals like gold, silver, palladium, and platinum on CFD. Check whether your country of residence is available in the list on the site.

LimeFX looks after the needs of clients looking to have their trailing stops constantly functioning by offering them a free VPS. Traders can apply for an LimeFX VPS for free as long as they have a total deposit of at least USD$500 and a minimum free margin of USD$100 in their trading account. LimeFX customers also have to maintain the free margin of USD$100 throughout the application process, or else their VPS request will be cancelled. The LimeFX Trader’s Calculator is a must-have for all traders.

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This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Such enormous sums can overturn inside LimeFX because the brokerage is attractive for different kinds of auditory.

With no minimum deposit and unlimited leverage, the broker provides the ideal trading conditions for both newcomers and seasoned traders to take advantage of. Every trader wants to keep their funds in a safe and secure environment, and LimeFX is offering just that. Regulated by financial authorities of South Africa, Cyprus, Seychelles and the UK, LimeFX’ operations and financial standards are internationally recognised.

There are quite a few of them, but they are only available for a while, so you should use them immediately. Rewards apply to all significant world holidays, regional events and sports competitions. The website offered traders a massive increase in interest rates. The only condition for participation is a connected mini-deposit.

Is LimeFX good for beginners?

The Bitcoin price had just jumped from 6.2k to 6.5k, but LimeFX Bitcoin spread is still very low. But then I realized there are different types of traders. So a broker may be the best for one but not good for another. It was when I learned that I should find a broker that is among the best and also suits my trading strategies. And I found LimeFX, the most suitable forex broker for me.

• This is a good perk since premium VPS providers charge hundreds of dollars per month.
• Besides, for now European clients can not sign with Exneess so is better to choose European Broker like HFM.
• This app offers a built-in trading terminal, which was developed in-house by the broker’s developers from the ground up.
• For one, it helps to ensure that the broker you are dealing with is supervised by a credible agency.
• It also makes the lives of those looking after their clients’ accounts easier.

LimeFX broker being regulated by all authoritative organizations to prevent any errors, ensures the safest CFDs trading environment. In addition, the company cooperates with the largest banks in the world such as Baltikums, OCBC Bank and Barclays. Thus, creating the most reliable conditions for the safety of user funds. Probably it was thanks to them that the company was able to gain popularity among a fairly wide audience of traders.

What Is LimeFX All About?

Also developed by MetaQuotes, MetaTrader 5 is the upgraded version of MetaTrader 4. MT5 features enhanced functionality and an improved interface. Thanks to its independent history and execution servers, MT5 offers robust stability during trading. Traders who wish to download LimeFX MT5 can do so on the broker’s website.

Examples of actively traded forex pairs available at LimeFX include EUR/USD, GBP/USD, USD/CAD and USD/JPY. LimeFX has been keeping its business as transparent as possible. The broker’s financial reports are verified by Big Four accounting firm Deloitte on a quarterly basis.

However, only currencies, gold and silver can be traded on the LimeFX platform. The broker does currently not offer shares trading or CFDs on commodities, stock market indices, digital assets, ETFs, options, futures, etc. Investors looking for other trading opportunities than just foreign exchange trading will have to use another provider. Since the beginning of 2021, LimeFX has decided to waive overnight fees for trading gold, stock and crypto CFDs on their platform. This can be considered a bold and pioneering step in the longstanding forex market. This incentive is especially important because the above products are all long-term LimeFXs and must open long-term orders.

FACTS YOU MUST KNOW ABOUT LimeFX FOREX BROKER LimeFX REVIEW 2022

The company has established an extensive footprint in Asia over the years, with countries such as Thailand and Vietnam being its most important sources of customers. Leverage trading makes it possible for you to potentially earn substantial profits without investing a large amount of capital. However, since both your profits and losses are calculated limefx forex brokers reviews based on your full position size, the use of leverage can also amplify your losses. Trading with LimeFX allows you to speculate on the price movements of financial assets. You can enjoy exposure to the financial markets without taking ownership of any underlying instruments. Many traders said that LimeFX quotes are different from other brokers.

To enhance the financial security of LimeFX’ traders, the broker ensures the segregation of its clients’ funds from corporate funds. On top of that, LimeFX’ funds always remain several times larger than those of its traders, meaning that the broker is always capable of satisfying clients’ payout requests. To further protect its clients’ https://limefx.name/ capital, LimeFX requires the provision of a verification code from the customer’s security type in order to process a withdrawal. Trading with LimeFX means placing your funds in the hands of a fully-regulated broker that cares about your capital. It also means you are provided with a safe and secure trading environment.

Since its launch, the company has grown to become a significant player in the industry of online Forex trading. The broker is known for its easy to use platforms and also a high level of transparency. According to the official website, the minimum deposit in LimeFX is $0 for the Standard, Standard Cent, and Raw Spread Account, and $500 for the Zero and Pro Account. LimeFX reserves the right to investigate, cancel, and/or impose fees and/or charges on any withdrawal request from an account that has a lack of trading activity. Hedging margin of 0% on forex, metals, energies, and indices, and 100% on cryptocurrencies. A minimum deposit amount of $500 when registering a Raw Spread, Zero, or Pro Account.

High transparency standards and excellent customer support. The news section is only dedicated to updates and information about the online broker itself, market hours and changes to schedules. Market news are only provided via the integrated Trading Central Web TV and a very basic economic calendar. Trading Central doesn’t give trading signals per se, but rather predicts the likely direction of the market based on the current conditions. Naturally, margin requirements increase when the funds available in a client’s account increase. This is due to the increasing costs of hedging open orders.

The company decided to exit the EU and the European Economic Area countries in 2019. While it did not mention the reason, we believe it is because of the expansive MIFID II regulations. Clients can choose to set their account in almost any currency . Most trading types, such as Expert Advisors , scalping and hedging are allowed. The same payment systems are available as withdrawal methods. Technical analysis tools such as forecasts from Trading Central or trading signals from Autochartist can be implemented and used in one’s daily trading routine.

For convenience, the broker provides a wide range of withdrawal methods. Traders can choose the ones that are most convenient for them. Log into your personal space and select the “Deposit Funds” option next to the trading account you want to fund. When trading with Standard and Pro accounts, no commission is charged.

The broker made its priority to be an affordable platform for everyone. It means not all trading accounts require the obligatory deposits. Beginners can top their balance with only the amount required to open a trade.

LimeFX Social Trading Download

Trading in CFDs carries a high level of risk thus may not be appropriate for all investors. The LimeFX value can both increase and decrease and the investors may lose all their invested capital. LimeFX strives to create a comfortable trading environment and make withdrawals fast, convenient, and accurate with various payment systems to choose from. The advantage of this very broker is that merchants have the ability to withdraw funds at any time and on any day, including weekends and holidays. When withdrawing funds, the processing of funds in the trader’s account may also take some time. Minimum deposits range from $1 – 2,000 and customers can choose from a massive amount of more than 80 account currency options.