LimeFx: In-Depth Forex Broker Reviews for 2023
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In addition, the traders have instant access to unlimited educational content, fast execution of payments, and different account types. The solid foundation for future prospects of LimeFx, LimeFx is excelling with its services day by day. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. Accounts usually differ in the way spreads or commissions are applied, what minimum deposit is needed to open that type of account, and certain services or advantages that account holders may get access to. A Forex broker like LimeFx provides traders with access to one or more platforms that will allow them to buy and sell foreign currencies.
Recommended broker
However, there are no inactivity fees for inactive accounts on LimeFx. You’ll have to fill the personal information such as contact number, email address, and password to protect the account. In the segregated bank accounts with top-tier banking institutions.
While some brokers pay clients a swap or interest depending on the asset and the direction of the trade, LimeFx charges a daily swap fee on all open positions at midnight (GMT+3). The good news is that clients with Gold and Platinum Accounts are eligible for a 25% and 50% discount on the swap charges correspondingly. Secondly, if the trading account is inactive for more than 60 days, be prepared to pay an inactivity fee, ranging from A$ per month, depending on how long the account has been inactive. LimeFx could also charge clients a withdrawal fee of A$50 if the trading activity is low or the withdrawal amount is less than A$100. This platform is suitable for both new and experienced traders, and it is simple to use. By offering a MetaTrader 4 desktop platform, it offers various tools and features that are designed to help the traders in everyday trading.
The product mix includes 50 FX pairs, 51 cryptocurrencies, 17 commodities, 20 global stock and volatility indices, 214 share CFDs, and three ETFs. To access the offerings, you have to create a client area log in by filling out a simple to complete account opening form. Once your LimeFx brokerage account is open, go to the client area to view your profile, to deposit/withdraw funds, download trading platforms, or connect with the client helpdesk.
The LimeFx platform can be accessed from macOS, Windows, and several other browsers. It can also be accessed from Android and Apple devices, offers the Metatrader 4 platform for easy trading for the benefit of its traders. Trading with CFDs carries a high level of risk for https://limefx.vip/ your capital and you should only trade with money you can afford to lose. Also, it provides educational information for a better understanding of the trading process. Some of the information includes video-on-demand, ebooks, webinars, online tutorials, and trading courses.
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- This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus.
- Since the rebrand, the company has built on its reputation and has won multiple accolades.
- Remember, though, that while your needs are valid, so are your partner’s.
- The sound thing to do is to direct your attention and LimeFx to an FCA or CySEC licensed broker where the law is integrated in every aspect of their operations.
The trader can also access the Yahoo finance earning report calendar, which is followed by other brokers as well. By using this, a trader can track various organization’s about their earnings yearly or quarterly. The trader can make the right decisions before they invest their money in trading. LimeFx offers its traders Metatrader 4 trading platform, which is globally recognized, and it can be used on the web, desktop, and mobile devices.
LimeFx has articles on trading, economic calendar, earning seasons calendar, and trading signals. LimeFx has three accounts to cater to the requirements of the investors. The data of investors are protected with servers like SAS and DLP solutions. With high-tech encryption for the transactions and financial statements.
This is a Trusted and Regulated Broker!
The trading platform knowledge is a must for traders to be confident of their decisions as they have all the facilities of news and fundamental and technical analysis. The silver account has a minimum deposit of $ 250, the gold account has a minimum of $5000 per day, and the platinum account has a minimum deposit of $10,000 per day. limefx Spreads are charged as per the account and are usually tight spreads. For example, silver, gold and platinum accounts have a minimum spread of 1.8. Spreads are the trade where the trader can purchase and sell security simultaneously. As this LimeFx review will show, the broker permits the trading of a range of asset classes.
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Besides, a trader can get a special swap discount, if they are using gold and platinum accounts. By offering more than 750 assets through platinum and gold accounts, it offers a variety of assets for the trader’s benefit. The educational material available on the platform guides traders in gaining experience. Thus, the broker offers high-tech analytical tools and provides trade flexibility. Moreover, with its individualized facilities, traders can use 300+ CFD underlying assets.
MetaTrader4 (MT
The third step is a questionnaire, where the client has to answer the questions regarding past performance if they have any. This would help the broker in guiding limefx website the client for further trade. The second step is the information section, which asks for the client’s more details, ID proofs, and other data the broker requires.
However, spreads can vary, with Gold account holders seeing spreads as low as 0.05 and Platinum holders enjoying 0.03 – while Silver account holders can see spreads of 1.8. Crypto appears to be a particularly strong suit of this broker, so it’s an area for this LimeFx cryptocurrency review to explore. Not only are the major cryptocurrencies such as bitcoin and ethereum available to trade, but less famous options, such as dashcoin and Ripple’s XRP, are also on offer. They can be traded around the clock due to the decentralised nature of the blockchain system that powers these assets. Trading with the broker HFT trading is good for novices as it helps them with two things.
They offer some of the major and most popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin and they also offer cryptocurrency/currency pairs which is one of the major highlights. Traders who have registered with this broker can access more than 350 trading instruments, which comprise Forex, commodities, shares, cryptocurrencies, indices, in CFD. LimeFx offers good trading conditions for the advanced traders of the Forex market. Platinum offers numerous advantages and is designed to aid such traders with trading opportunities. Commissions are the charges imposed by an LimeFx broker on a trader for making trades on the trader’s behalf.
LimeFx Features
To be on the safer side, the minimum withdrawal amount starts from 100 AUD, where there are no fees applied. As per review, LimeFx is a brand name of CTRL LimeFxs; the LimeFx account opening process is very simple and straightforward. For registering on this platform, the trader needs to visit the website LimeFx.com, and they need to click register. This broker offers some of the latest trading trends with cryptocurrency.
Yes, LimeFx offers a MetaTrader 4 platform for trading which is useful to predict the future market of the assets. CTRL LimeFxs Limited offers its trading services under the domain name of LimeFx. It is a NewZealand based company regulated by the New Zealand Financial Markets Authority with the license number FSP197465. The company was created as a combined effort of financial professionals and experts in web-commerce with the goal of perfecting the online experience for retail traders. In our review of this trading platform, we will look at how safe it is to trade on LimeFx, what kind of a platform it has, as well as how its platform compares to others. LimeFx is the trading name of CTRL LimeFxs Limited, a New Zealand based multi-asset forex CFD broker, incorporated in 2019, following the acquisition of MahiFX.
LimeFx is a legit broker and not a scam, a regulated broker with excellent services for the customers. 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. The broker is based in New Zealand and is operated by a firm called CTRL LimeFxs Limited.
The Trustpilot Experience
Individuals registering with the LimeFx broker can access the world-class MetaTrader 4 platforms across computers and mobile devices. While the demo LimeFx MT4 web platform is accessible from the client area, you have to request your account manager to activate the demo desktop and mobile applications. LimeFx is a brand name of CTRL LimeFxs limited and this company has its offices in New Zealand as well as in Australia. It is regulated under the Financial Security of New Zealand, it is also licensed with ASIC, .