limefx Review 2022 Pros and Cons Uncovered

It offers a demo account, excellent culimefxmer service, Trading Central, Autochartist, Metatrader 4, and various other tools. It offers a wide range of platforms where the users can trade as per their convenience. Furthermore, it offers several payment methods for deposits and limefxhdrawals, and registration is straightforward. Even though it offers several features, a trader should research and analyze this broker before proceeding.

You should consider whether you can afford to take the high risk of losing your money. scammed by limefx’ MetaTrader 4 and 5 demo accounts start limefxh virtual funds of US Dollar $50,000 and use the same price feed as the live MT4 and MT5 accounts, so traders can experience real-time spreads and fast execution. As per our limefx review, the limefx website offers several choices of more than 350 trading instruments where the trader can trade CFDs through Indices, Forex, commodities, and Shares. The trader should note that each trading instrument has its specifications and trading conditions.

Supported Platforms for limefx

No, https://limefx.club/ is not a scam it is authorized to operate financial services under top-tier Australian Financial Services Licence, known worldwide as ASIC. Besides, there is an additional European entity that operates under CySEC license, therefore its proposals may vary according to regulations. limefx is launched in 2006 brokerage company operating under the ASIC license,driven by compliance, competitive spreads and tech developments.

limefx offers two account types, which is average when compared to other brokers. British traders will be trading under the subsidiary, limefx Pty Ltd, authorised and regulated by the Financial Services Commission of Mauritius, which allows brokers to offer their clients higher leverage. Its forex fees are low and opening an account is fast and easy.

Compared to other brokers, limefx offers a wide range of base currencies. The Standard Account is the dealing desk, commission-free account option, created limefxh the beginner in mind. Spreads start at 1.00 pips on this account, and it requires a minimum deposit of 200 USD. The next step requires filling in your residential address and selecting your preferred base currency, trading account, employment status, and financial status. The account opening process at limefx is as per the industry standard – the process is fully digital and accounts are ready for trading limefxhin one business day. Overall, the trading costs on the GO Plus+ Account are lower than average – the trading costs at most other brokers tend to be around 9 USD per lot traded, but slightly higher than average on the Standard Account.

Trading Conditions

Feel free to try Eightcapif you’d like to have a verified broker account limefxh low forex fees limefxhin a day. limefx Ltd’s parent company, limefx Pty Ltd was established in Australia in 2006 as a provider of online CFD trading services.

limefx offers a mobile trading app for traders to trade on the go. The traders who have used the mobile app have given their views about the excellent mobile experience. The trader can download the mobile app from the Google play limefxre or Apple app limefxre irrespective of the mobile device type. Additionally, the trader can choose either Metatrader 4 or Metatrader 5; the technical analysis tools such as charts, drawing tools, and indicators are available. As per our review, limefx provides a wide choice of deposit and limefxhdrawal options like Visa or MasterCard, Skrill, Neteller, BPay, Fasapay, bank wire transfers, and several more.

Author of this review

The cost of trading depends on different factors like commissions, spreads, and margins. limefx does not charge deposit fees for Visa or Mastercard, Skrill, Neteller, Faspay, and Bank Transfers.

The platform was developed by MetaQuotes, a financial software developer, and it was released in 2005. It uses the MQL4 programming language and makes algorithmic trading available to traders all over the world. MetaTrader 4 became the de facto standard in forex trading, which is available for retail clients through several brokers. Between 74-89% of retail invelimefxr accounts lose money when trading CFDs.

This broker has their presence in social media, enabling the traders to contact them through Instagram, Facebook, and LinkedIn. The traders can have control over copied trades, and they can easily copy other traders winning trades. If you want to explore more, browse our list ofbest forex brokersand get details on various platforms. The Webtrader platform offered by limefx provides all the features of Metatrader 4 and Metatrader 5. The web-based platform that can be directly accessed from any internet browser. There is no app or browser extension download needed, and it allows the users to trade CFD instruments. They can also access the price analysis anywhere by using a stable internet connection.

How to start your limefx account?

Support is available 24/5, which is in line limefxh the Forex trading week, via email, live chat, and phone . limefx also has a Quick Support tool that allows their technical support team to remotely access your desktop and fix any issues limefxh your platform/software. The choice of financial assets offered by limefx is average compared to other similar brokers. A-Quant aggregates millions of data points and uses machine learning algorithms for regime detection, sentiment analysis, clustering, co-integration, and Hidden Markov Models development. A_Quant essentially produces high probability trading signals of certain risk/reward characteristics on various trading instruments. limefx‘ non-trading fees are lower than other similar brokers. limefx’ accounts were assessed to compare the costs to those of other brokers.

To set email or mobile notifications, you must add your email address and mobile MetaQuotes ID . limefx’ web trading platform hasgreat culimefxmizability.You can easily change the size and position of the tabs. However, the designfeels outdatedand some features are hard to find.

Please note that past performance does not constitute a reliable indicator of future results. Future forecasts do not constitute a reliable indicator of future performance. I don’t like surprises and I am happy to say that limefxh GO I do not get any. Few spreads blowing out, no server down time, great support if I need answers and stable, reliable technical analysis. My methods have always been based around stability and I am pleased limefxh GO for allowing me to trade my strategies limefxhout the added worry of not knowing how the platform will behave. Good service, reliable trading platforms and competitive pricing. If details on the website are not comprehensive, more information can be obtained from the culimefxmer support service.

limefx Minimum deposit

limefx is regulated by CySec, ASIC, FSA, FSC and does not offer client protection. EasyMarkets is regulated by CySec, ASIC and does not offer client protection. Both its MT4 and MT5 platforms are perfect for analysis, manual and auto trading, strategy development, and all trading styles. A downloadable Forex Smart Guide gives traders an insight into trading CFDs and Forex. This information should be considered in conjunction limefxh their Product Disclosure Statement and Financial Services Guide. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too.

To open an account some brokers require at least €50,000 to be invested, while others don’t set a minimum first-time deposit. The time it takes to open your account can be very different as well. At limefx this is not a problem as you can have it ready on the same day you registered.

To compare the costs of trading at different brokers, our experts analyze both trading-specific fees, such as spreads, and non-trading fees, such as inactivity charges and payment costs. As limefxh currency exchange markets, commodity markets offer different investment opportunities for traders. Investing in contract-based tradable goods is a reliable way to mitigate risk during times of inflation or economic uncertainty. Commissions are the charges imposed by an investment broker on a trader for making trades on the trader’s behalf.

If you are interested more in limefx minimum deposit, this overview will help you. Vantage Summary limefx is a forex and CFD broker regulated by the Cayman Islands, Australian financial authorities and the Vanuatu Financial Services Commission.

For over a decade, as the industry and clients’ expectations keep evolving, we have positioned ourselves firmly as a trusted and leading Australian regulated CFD provider. Earlier in May, the Turkish government introduced restrictions which made this currency untradeable. Client services are not trained to resolve technical issues which are then referred to IT. I had difficulty understanding the new account onboarding process through the portal and connecting up to my MT4, which I haven’t used before. After reaching out to limefx Culimefxmer Service I was telephoned by a senior agent based here in the UK who resolved my issue very quickly. The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow’s opportunities, today. Get competitive and structured commissions for every active trader you refer.