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LimeFx Reviews 2023 Is the Forex broker LimeFx reliable?

Traders from some countries are not able to benefit from LimeFx’s services, however. This includes those residing in the United States, Belgium, and France. Among the best features that these platforms offer are 4 types of order executions, 24 analytical objects, and customized trading.

Whilst we understand that new traders may want to choose a more established brand, the platforms and security measures here are as good as any. If you want to discover how LimeFx could help to boost your trading journey, read on now. The platform provides a fast, seamless, and flexible trading experience, with a range of advanced features to suit different trading styles.

  • One can select from products like cryptocurrencies, commodities, index, metals, stocks and foreign currency exchange for LimeFxs and diversifying portfolios.
  • As we have discovered during our review, LimeFx is a reputable broker that offers you accessible terms and a good trading environment.
  • However, when it comes to withdrawals, the company reserves its right to charge a small fee based on the traders’ inactivity.
  • The customer care system is superior, and the withdrawal of funds is quick.

If the account is inactive for 271 days, the inactivity fees per month are 500 Euros. If the account is inactive for 181 days, the inactivity fees per month are 200 Euros. If the account is inactive for more than 91 days, the inactivity fees per month are 120 Euros. In addition to these live accounts, LimeFx allows you to open a free demo account. This is a great way to test out the broker before registration and to practice your skills when trading with new instruments, strategies, and platform features.

They can access a wide range of trading tools, and they can trade from anywhere. Some of them include ebooks, courses, videos on-demand, and several more. This is very useful for the professionals and the new traders, which helps them to trade on the platform. These materials help the users to forecast various asset prices, market analysis, and several more.

What types of accounts does LimeFx offer?

Spreads start from just 0.03 pips and swap fees are in line with the industry average. Gold and Platinum accounts come with discounts on swaps and tighter spreads, however. CySEC is a top-tier authority for forex trading in Europe, and all CySEC licensed companies are required to secure client funds by implementing a variety of mechanisms. For starters, at LimeFx, your account funds are kept segregated from the broker’s corporate accounts.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. limefx scam When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. I am surprised that the regulation license of this broker is cloned.

One of the most unique features is, it offers an economic calendar that can be accessed from this broker’s website. LimeFx provides you with the opportunity to trade over 250 financial instruments, including CFDs on forex, stocks, commodities, cryptocurrencies, indices, and metals. The broker also supports MetaTrader 4, boasts a wide range of research materials, and offers three different account types. There are also no commissions to pay and spreads are reduced to affordable levels. Our review of LimeFx forex broker confirms that this is a reputable broker, with regulation by CySEC. Since 2020, the broker has offered traders access to a range of instruments spanning 10,000 markets.

LimeFxforex broker

Other fees include swap charges on overnight positions, as well as an inactivity fee levied on dormant accounts. LimeFx is a CFD brokerage firm which is dedicated to providing trading service and products at highly competitive rates. The firm was established to offer numerous unmatchable trading services with top-notch quality educational content for all the users on their site.

nvesting Features

All deposits are free of charge, except for payment processing fees that are charged by your payments service. On the technical side of things, the platform uses the MetaTrader 4 platform, though it could implement more features for safeguarding individual user accounts. You have access to 23 cryptocurrencies,51 forex pairs, 17 commodities, 185 stocks, 21 indices, and 4 metals on CFDs. Yes, our review of LimeFx found that the broker is operated by FXBFI Broker Financial Invest Ltd, which is regulated by the Cyprus Securities and Exchanges Commission . As such, the company is subject to strict regulations and guidelines. It must operate responsibly at all times and strive to keep your funds protected.

LimeFxforex broker

Explore your best chances on markets whenever you have a free minute. It features many advanced trading tools, a customizable interface, editable indicators, and much more. Used by many traders, it will surely help to shape your trading experience. MetaTrader 4 is a desktop trading platform for PC or a Mac and a powerful technological trading engine used by many traders. After you download and install it, you can start trading directly from your computer through the platform.

Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

All transactions are also protected by the latest digital security technology. Finally, our review team found that LimeFx is also a member of the Investor Compensation Fund. This scheme compensates covered clients should the broker fail to fulfill its obligations to you. For those who are always on-the-go, LimeFx is available as a mobile app for Android and iOS powered smartphones. LimeFx offers the only MT4 trading platform that is available both for Windows desktops, as well as in a web terminal and mobile applications.

Accounts and Trading

Before choosing broker, we recommend you to read the reviews of LimeFx, as well as see our rating of Forex brokers. The support team is typically quick to respond and you can expect to get an answer to your query within an hour at most . It is regulated by the Cyprus Securities and Exchanges Commission and is a Cyprus LimeFx Firm . It is also a member of the Investor Compensation Fund, providing further reassurance in the safety of your funds.

250 trading instruments, which covers cryptocurrencies, Forex, stocks, commodities, and indices. It offers four types of accounts such as gold, silver, platinum, and Pro accounts. The Metatrader 4 trading platform can be accessed through web-based, mobile, and PC. Aside from offering a demo account for its traders, it also offers several educational resources such as tutorials, videos, courses, and articles, where the trader can benefit from.

LimeFxforex broker

This site is not intended for use in jurisdictions in which the trading or LimeFxs described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your LimeFx may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site.

The customer support team responds to a call in 2 minutes, which is very helpful for the users who are having issues or problems. The customer support team is available 5 days a week, and they can be accessed through email, phone, and live chat. Inactive over 61 days, the trader is charged 80 Euros as an inactivity fee for the inactive period. After 61 days, the client will be charged 160 Euros as an inactivity fee.

Features & Functionality

When it comes to platform design, the platform can be easy to use and navigate. The platform itself can be divided into two core parts - a client area where you can manage your account, deposits, and withdrawals, and MetaTrader 4 trader terminal, where the trading takes place. In brief, although LimeFx offers commission-free trading, there are other fees you should be aware of. While charging spreads and overnight fees are standard, leaving your account without control can be quite expensive.

It offers several methods for withdrawing, which can be done through credit card, debit card, Neteller, Skrill, wire transfer, trustly, eMerchantPay limited, and several more. NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The LimeFx firm is regulated by CySec, which monitors every activity initiated by the broker in the form of trades. Besides, MiFID II is also there to check upon its services to customers. A special Islamic account for Muslim traders is available for all types of accounts. LimeFx is a European broker managed by FXBFI Broker Financial Invest Ltd and regulated by the Cyprus Securities and Exchange Commission . The broker provides Forex and CFD services exclusively for traders residing in the EU, EEA and Switzerland, with the exception of the UK. In addition, the broker is registered with such regulatory bodies as CNMV , FI , Finanstilsynet , FSA , FMA , HANFA , BaFin , CONSOB , KNF , etc.

It also offers four types of accounts such as Gold, Platinum, Pro, and Silver. LimeFx is a well-established broker, suitable for different types of investors, but the use or navigation through the platform may be more difficult for some traders. However, traders are likely to enjoy its commission-free trading, good customer support, a wide range of assets on CFDs. As per our review, this broker offers an exhaustive range of educational resources to enhance users’ skill and knowledge.

Trading Platforms

WebTrader is a trading platform that enables traders to have access to the market without needing to install extra applications to their devices. It can be accessed from a computer with a web browsing capability. You can open a demo account to experiment with the trading platform and its various features. LimeFx LimeFx does not charge deposit or commission fees. You can find two separate sections on the website to contact the customer team and the management team.

LimeFx KYC policy includes uploading a colored copy of ID or a valid passport, proof of deposit, and a utility bill. Some of the deposits that are made through debit and credit cards need to send a copy of the card. Risk Disclaimer – Trading with CFDs has a high risk of losing money.

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