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LimeFX provides also multiple support that increases the trading experience. Traders can reach out customer team through live chat, email or phone lines, also due to international coverage, there is multilingual support and centers that run 24/5. Only spreads are charged when trading on this platform. Forex spreads for major currency pairs are 5 pips for EUR/USD and 1 pip for minor currency pairs. The spread for XAUUSD is 6 pips, for XAGUSD 3.6 pips, and for natural gas 3.4 pips.
- Some companies provide their own proprietary platform, while others prefer well-known platforms.
- T&C’s apply to each of the offers above, click „Visit Site“ for more details.
- LimeFX’s trading platform provides a number of tools for traders.
- All reviews represent only their author’s opinion, which is not necessarily based on the real facts.
Concluding LimeFX review, the broker brings stable and reliable conditions to trade. Their main offering mainstays on a fixed spread with no hidden fees, powerful online-based platform and comprehensive trading instruments variety. As a regulated broker, the company does follow the strict rules of the client’s protection along with the funds’ security and safe trading environment. What is pleasing also, is that LimeFX supports their traders by various means, from excellent support to 0$ fees on money transactions, as well as widely supported methods.
So everybody who is just recently interested in Forex – come here. LimeFX is a professional in this business, it can be seen by the reviews. I am a Australian citizen and only speak English, how do I read reviews that are in Spanish or Hindi. In terms of LimeFX leverage offering, as there are two main regulatory obligations the clients of different jurisdictions will fall under specific levels of leverage. Furthermore, LimeFX continuously monitors its operations as per regulatory requirement and provide comprehensive security for all online transaction or manipulations provided.
Reliability, credibility and transparency are features of the state-of-the-art trading platform at LimeFX.com. Demo account helps traders study trading and test new trading ideas or strategies. Sometimes I come across new trading strategy on net and test it on demo account. Demo trading allows testing strategy in real environment without any risk to deposit.
LimeFX offers traders 56 currency pairs, 16 commodities, five bonds, and five ETFs. The bulk of assets consist of 280 equity CFDs, complemented by 13 index CFDs. The overall selection of 375 assets across six categories remains below average.
The broker is required to uphold a minimum of £730,000 to prove that it has good financial grounds. The broker is also mandated to keep the clients’ funds in segregated accounts to prevent the broker from using it in their operations. In case the broker goes bankrupt, it is in a position to pay up to £20,000. In my opinion, the structure of the LimeFX bonus program is awesome. I received a welcome deposit bonus and increased my possibilities for trading.
– they try to force me to put some cash in the LimeFX and they say we will give u bonus if u do it while we are on phone ,, thats weird ! So i told him i will not do it now , i will do it when i want but not now . This company offers many different things to attract more customers.
If you don’t have the time to do so, LimeFX may not be for you. LimeFX has an excellent demo trading interface that allows traders to get a first-hand experience of the different CFD products offered by the company. Traders can choose from 150 different products, which consist of more than 50 currency pairs, 10 commodities, 25 global indices, and around 100 shares from the US and the EU. LimeFX demo trading closely resembles the actual trading environment, but there may be some differences in execution speeds and other aspects of trading. We would recommend trying out the LimeFX demo account trading to get yourself familiar with the broker’s platform and trading products.
Overall, LimeFX has several distinct features that will enable the company to cater its services to a large part of the retail trading market. LimeFX is an internationally recognised trading platform for CFDs. Traders can enjoy a wide range of tradable options on indices, currency pairs, shares and commodities. The brains trust that created LimeFX has decades of experience in the online brokerage industry. Superior customer support, a strong global presence and credibility form the bedrock of the LimeFX contract with clients. LimeFX.com is the winner of the FX Report Awards 2016 for Best Broker, Middle East.
What is the minimum deposit at XTB?
Reituca Marketing Ltd, a Cypriot-registered international business company , processes all LimeFX International Ltd payments. Account verification bonus – Verify your account and receive a free $30 cash bonus. It is credited to your equity and used for trading purposes. You will have to reach 300 XPoints within 30 days in order to redeem it.
- We have conducted extensive fundamental and technical analysis to identify the best value stocks in Kenya.
- If you’re a beginner, LimeFX’s platform is designed for people with little knowledge of the forex industry.
- No wonder businesses and enterprises across the globe are following suit, and it has even filtered into the world of Forex trading.
- Overall, the account registration is rather easy and does not take much time.
Withdrawals are often slow and can be difficult to cancel. If you’re a beginner, LimeFX’s platform is designed for people with little knowledge of the forex industry. Having read countless LimeFX reviews, I am unsure if I should trust the company. It seems that there are many reasons to be skeptical. Some people have lost all of their money with the company, and I’d like to find out the truth about this controversial brokerage. Here’s a LimeFX review that will help you decide whether or not to trust the broker.
The Types Of Trading Accounts, Features & LimeFX Bonus
LimeFX offers traders the option of opening a demo account to explore the broker’s trading conditions. Demo accounts with a balance of virtual money that sport real-time prices and trading conditions allow traders to practice trading before opening a live account. However, traders also have the option to practice with a demo trading account. The nice thing about this CFD trading company is that the bonuses are plenty generous especially when you make deposits of $10,000 + since you can get anywhere from 20% – 60% in bonus cash. MetaTrader4 platform is available for the premium, platinum and VIP accounts. The platform is suitable for users with varying skills and experience in Forex Trading.
This broker offers customers unique trading platform which is designed specifically for LimeFX. This platform is called LimeFX WebTrader and can be used on any device. Next, I want to tell you about trading conditions and account types. I think that they will be suitable for many traders. It is better to spend several months trading in demo mode than to lose several deposits and finally start to trade on demo account anyway. All withdrawal requests go via the secure back-office, and traders can access it from the trading platform.
New traders can consider the educational section at LimeFX, which also publishes daily trading ideas. It appears that LimeFX has changed over the past decade and decreased the quality of its trading environment. The only exception is the free account type, which allows you to choose from several different account types. The free account type doesn’t offer many features, and you’ll be limited to only one currency pair, which is a downside.
LCG Fees and Spreads
XTB is one of the largest stock exchange-listed FX brokers in the world. We’re also regulated by the world’s biggest supervision authorities, including the Financial Conduct Authority. LimeFX also offers several courses tailored for beginner and advanced traders. There is a detailed glossary with over 90 Forex and limefx broker reviews CFD trading terms and their definitions. Before deciding to join a broker and start trading, a potential trader needs to establish whether a broker like LimeFX is safe to trade with. Clients can also qualify for a cash-back bonus depending on how many mileage points they have earned from your trading volume.
As a result, I highly recommend studying these training materials. You are provided with all the professional charting tools and technical indicators on all trading platforms offered by LimeFX. It is also possible to create alerts and notifications for your trading levels‘ later execution. Even with an not that bg depo you can feel comfortable here and use all the company’s services. When i started trade via demo account with LimeFX I simultaneously felt the difference and decided to deposit my real account. Below is a list of the most common review questions that traders ask about this currency trading broker.
We liked the structure of educational texts, as they are grouped based on the user’s trading experience as well as by subject. The texts are high quality, understandable and logically structured. At the end of each lesson, you can fill out a quiz. This is a great feature that is not usually offered by other brokers. A convenient way to save on currency conversion fees is opening a multi-currency bank account at a digital bank.
The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. We tested it in multiple languages in several countries. Lastly, XTB provides a forex heatmap that shows all currencies‘ changes.
Research and Education
Here conditions are still better, there is a welcome bonus, and there is a personal account manager. Believe me, I have traded in several places, and there is really very good quality of order execution on the trading https://limefx.name/ platform. It’s good when you can save your time, especially when you are out of it. I’m a very busy person and have to devote much time to my job and I often have to make business trips to other cities.
LimeFX has a unique welcome package that includes a variety of different bonuses. For a first deposit bonus, you can get up to $6,000. Upon verifying your phone number, you can get a $25 bonus, and verifying your account gets you another bonus of up to $30 cash. The first trade you make can get you a maximum of $120 in bonus money.
When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. – OK, yeah, I won’t argue, you really want the broker to withdraw the money when you need it. The trading process is quite smooth and I don’t have problems with withdrawing funds. There’s a sheer amount of information I can put out there about LimeFX and share with others, since I am a long-term trader with them.
The account is available for desktop and mobile traders and comes with a demo account. The premium account also has access to an online calendar and market reviews with one on one training offered on the platform. Among the other benefits that come with this account is spread reduction and a welcome bonus for new accounts. The trading platform used in this account is MetaTrader4. LimeFX appears to have taken several steps backward after dropping two of its regulators. It maintains the most expensive trading environment among all online brokers, and offers traders a below-average asset selection and a sub-standard trading platform.