The fact that the broker is very open and transparent about the fee structure is a good sign. All the information you need is easily obtainable on the website. There are three main fees on which LimeFX will make money from you.
- The broker provides its traders access to over 4,000 markets with tight spreads, zero commission, and no hidden fees.
- Payment methods available are debit/credit cards, E-wallets, and wire transfer.
- LimeFX’s research tools are available on its web trading platform.
- We tested the debit card withdrawal and it took 1 business day.
- While it does not accept US clients and charges overnight fees, these are minor disadvantages compared to the overall benefits LimeFX offers.
- It has a very easy interface, from account opening to deposits and withdrawals.
Take a look at our Coinbase review and our Forex.com review too, so you can compare and contrast the brokers to find your perfect trading partner. One of the major advantages of trading crypto CFDs with LimeFX is the lack of fees and commission charged by the broker. LimeFX is geared up for forex trading with a wide selection of currencies available, along with some tight spreads. If you find you need to speak to a customer service representative, the fastest response times are from the live chat option, which should connect you to someone within minutes. You can also fill out a form, email support or call them on the phone, according to your preference. During the course of preparing our LimeFX review we discovered that signing up to the broker gives you access to three separate types of account.
LimeFX Reliability & Security
Trader Protection specialises in assisting victims of online trading scams in getting their money back and getting their lives back on track. It’s clear that the company is regulated by one of the strongest bodies, the FCA. Since the company is based in London, the FCA laws protect UK traders. The company claims to have a presence in other countries, which might not adhere to the strict FCA rules.
The subsequent bullet points are rather supplementary, “nice to have” features. Ticking them definitely adds to the legitimacy of an online broker, but not having them is not necessarily a big red flag. LimeFX is regulated by the top-tier UK regulator, the FCA or Financial Conduct Authority. FCA monitors which firms and individuals are able to enter the financial markets and supervises how firms work and stop those that don’t meet their standards.
Scam Broker Investigator uses a simple method to determine if a Forex broker is legitimate or a scam broker. We check to see if the broker is licensed and regulated by any one of the popular government regulators like; CySEC Cyprus, IIROC Canada, FCA United Kingdom or ASIC Australia. All online brokers in Europe must be licensed and regulated by the financial regulatory agency in their country. LimeFX offers a range of trading tools to help its clients make informed trading decisions. The trading calculator is one such tool that allows traders to calculate the potential profits and losses of a trade before placing it. Other tools include an economic calendar, market news, and an education section with a range of guides and tutorials for traders of all levels.
Absolute crooks changing fees on open trades
Hi Nicolas.We are grateful for your review and for sharing your experience with us and the community. We devote all our effort to improve our platform and it’s great that the trading experience we create works for you! Hello Roman.We appreciate the time you took to review our platform. If you have any other suggestions or questions, please feel free to contact us at the best, LimeFX. However, LimeFX charges an overnight fee that is based only on the leverage provided rather than the entire value of your position for Cryptocurrencies, Shares, and Thematic Investments.
You can Live Chat, Phone, or Email them within working hours 24/7. In order to use LimeFX, first of all, you need to open an account. To do so, you need to fill in a registration form with personal details, after which you need to choose between a demo and a real account.
Trading conditions – trade using MT4 and more
We found that LimeFX allows you to choose from 3 account types, which are Standard, Plus, and Premier. These accounts differ in services and additional functions available for the traders. Also, LimeFX allows you to either open a demo account and test trading strategies or to open a live account to enter forex markets. LimeFX specializes in commodities, cryptocurrencies, indices, shares, currency pairs. Its intuitive trading platform uses AI-powered post-trade analysis to help traders. The minimum deposit client can make is 20$ for all the payment methods, except wire transfer that requires a minimum of 250$.
If you have any other comments or suggestions, please send them to the best, LimeFX. One of the other great points we should admit is Customer Support. LimeFX multilingual https://limefx.group/ support (supports 24 languages worldwide) is available with the service the trader requires daily which is also on a very sustainable and professional level.
Customer service – help on hand whenever it’s needed
LimeFX is on of the biggest players in the markets with millions of loyal users around the world, but that doesn’t necessarily need it is also the best fit for you. To help you make an informed decision, you will find some of our favorite pros and cons below. LimeFX is an award-winning platform that keeps regulations of paramount importance for any trading and broker platform. It has got an immense amount of users within no time due to its simple interface and the dedicated team. It also makes its users aware of the current market potential through its qualified team of economic, political, and psychological experts. This feature of LimeFX makes it unique from competitors and helps its users to flourish their growth exponentially.
According to the report, the online forex broker LimeFX has announced a new partnership with James Storm Carew. Trading in more than 1,000 shares as either CFDs or as real stocks. Have you lost money to LimeFX or any other broker and want to get it back?
Additionally, the platform has integrated an AI technology feature to help users make better investment decisions by analyzing their trading behavior and emotional biases. While the web trader lacks price alert capabilities, it is equipped with charting technology from Trading View, offering over 70 technical indicators. LimeFX is an international CFD trading company that began in 2016. It is operated by LimeFX SV Investments Limited and is situated in Cyprus. Customers from over 183 countries can use the services of LimeFX. The broker has offices in the UK, Cyprus, Gibraltar, Australia, and the Seychelles.
Why Apple Pay is supported and not Google Pay or Samsung Pay has not been explained by the broker. Apple Pay, card payments, and PayPal deposits are all processed instantly and should appear in your trading account immediately. This broker offers 0% commissions on more than 6,000 instruments and saw more than 400% growth in the first half of 2021 alone. With 500,000 clients and more than $530 billion in trading volumes, LimeFX is one of the fastest-growing trading platforms in the world. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
Is LimeFX regulated?
You’ll only be charged overnight fees in some cases – refer to the site’s terms and conditions for more details. As part of our LimeFX review, we checked out the site’s certification, to make sure it’s a secure platform limefx reviews to conduct financial trades. Since it was first launched back in 2016, LimeFX has been regulated by the FCA, the Financial Conduct Authority in the UK, which is known to be one of the strictest industry bodies.