If the deposit currency is not USD, the amount indicated should be converted to the deposit currency. The LimeFx review has further assessed LimeFx based on its benefits and shortcomings. The pros and cons of using the broker’s trading account have been summarized below. Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange. Trading currencies always involves exchanging one currency for another. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible.
LimeFx offers a mobile app which is available to download on iOS and Android devices. LimeFx offers some of the lowest trading fees in the industry based on our assessment. Trade hundreds of shares in major markets, including the US, UK, Europe and Asia. Commissions are as low as $1 per transaction while fractional shares reduce the entry barrier for beginners. Forex trading involves significant risk of loss and is not suitable for all investors. Clients may contact the broker via live chat or call the office during working hours (24/5).
Flexible leverage, tight spreads, Islamic accounts, and multilingual support are some of the biggest strengths. The company is officially registered and approved by three industry regulators. It is clear why the brand prides itself on impressive client retention. When it comes to forex brokers, LimeFx is a reliable and secure choice for traders. Broker LimeFx is a broker that is trusted for its safety and credibility, as evidenced by positive LimeFx trading reviews.
GO Markets is a well-regulated broker that offers a wide range of trading instruments and a simple account structure. Offering its clients two types of trading accounts, Standard and VIP, Go Markets charges very low transaction fees on both accounts. Go Markets has tight spreads starting from 0 pips and ultra-fast execution. There is no stock trading at Go Markets and their customer service is 24/7 support. Go Markets supports 6 different deposit and withdrawal methods, most withdrawals are processed instantly with the exception of bank transfers that take 1 – 3 business days to process.
- By opening a trading account, you will be automatically emailed your login details that will give you access to the LimeFx Members Area.
- Your login details to the MT5 will also give you access to the LimeFx WebTrader in addition to the desktop (downloadable) MT5 and the accompanying apps.
- Founded in 1989, the broker offers over 9,500 CFD products with spreads starting from 0.7 pips.
- Suitable for both beginners and professional traders, this broker lets you trade CFDs on commodities, forex, indices and cryptos.
- Let’s find out all the features of LimeFx & dig deeper into the LimeFx review.
- These offer useful market sentiment data and insights to help inform the decision-making process.
We were particularly impressed with the Ultra Low/Zero account – this is best for traders looking for the tightest spreads with a low commission. TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes. We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come across. We are also a community of traders that support each other on our daily trading journey. The minimum deposit to open an account with this broker is AUD 100 or equivalent in account currency.
LimeFx Overview
The only exception to this is the Shares profile, which requires a $10,000 minimum investment. While using LimeFx, we were particularly impressed with the turbo stocks, which offer highly leveraged trading on a handful of popular shares. The availability of fractional shares is also a bonus, allowing traders on a budget to speculate on high-value stocks. LimeFx offers an excellent range of cryptocurrencies, including major tokens like Bitcoin, Ethereum and Ripple. 72.89% of retail investor accounts lose money when trading CFDs with this provider.
- LimeFx provides a great trading facility, free quality education, good client service where withdrawing your profits are always fast and easy.
- Our management has visited over 120 cities globally to understand clients’ and partners’ needs.
- LimeFx does not offer a proprietary mobile app, however, MT4 and MT5 have mobile app compatibility.
- LimeFx Group provides brokerage and trading platform services to clients from all over the world.
We hope this LimeFx broker review helps you make the right choice in your journey to choose a broker. You can fund your trading account from the Members Area and open additional trading accounts. You can also claim bonuses, check your loyalty status, manage your accounts, get support, and use the trading tools provided by the LimeFx platform. Any changes you make in the Members Area will reflect in all your trading accounts.
The video series in particular is comprehensive, covering everything from the basics of forex trading to trading psychology and building a successful strategy. Importantly though, experts do not recommend choosing a broker based on their bonus deals. There are more important factors, including the firm’s trading conditions, tools and safety rating. Our experts also found important account safeguards in place during their assessment of LimeFx, including segregated client accounts and negative balance protection.
Choose a Big, Fair and Human Broker.
You must go through a straightforward KYC (Know your Customer) process to verify your identity, protect your funds and secure your account. The broker is licensed by the Cyprus Securities and Exchange Commission in Cyprus under the license number №120/10 as Trading Point of Financial Instruments Ltd. Since Cyprus is a member of the EU, the CySEC’s financial regulations and operations are aligned with the European MiFID financial harmonization law. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards.
Trade Forex, Crypto CFDs, Stocks, Metals and More
With a wide range of trading instruments available from a single multi-asset platform, LimeFx makes trading easier and more efficient. A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stocks, stock indices, cryptocurrencies, metals limefx forex broker or energies. We found the app offers seamless connection to the MetaTrader platforms, so any trades performed in the app will be automatically reflected in your desktop client, and vice versa. It also helps that we can access full account management features, including the members area, plus deposits and withdrawals.
LimeFx.COM categories
Clients can trade LimeFx commodities (as CFDs) with no exchange fees. It is ideal for beginner traders due to low deposit requirements. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international https://limefx.group/ regulator agencies (read more about how we calculate Trust Score here). Please note that if you already maintain a different LimeFx Account, you will not have to go through the KYC verification process as our system will automatically identify your details. While there are a few limitations to using LimeFx’s financial services in certain regions or under some market restrictions, the broker does not miss making notable upgrades to its user experience.
LimeFx Group allows its clients to run the MetaTrader platforms’ user versions on their smartphone and mobile devices, MT4 and MT5 mobile apps drive the mobile trading abilities of the users. All these applications are compatible with iOS and Android platforms. The MT4 and MT5 mobile apps also come in their standard native development package at the Google Play Store and Apple App Store, respectively.
As pricing belongs to the market-maker type, no commission is charged. Clients may download MT4 and MT5 apps from Google Play and App Store. Those who wish to switch from one version of MetaTrader to another need to open an additional account through the Members Area. Finally, both platforms are available in the form of web-based terminals.
Thankfully, LimeFx Group offers the best Forex broker platforms that are intuitive and great for daily usage. The standard software types LimeFx Group uses are MetaTrader 4, MetaTrader 5, and Web Trader. Besides those, LimeFx Group is also available on mobile, allowing you to trade any time and from any place you wish. LimeFx is one of the best online brokers for beginners and experienced traders. Although they don’t offer as many instruments as other brokers, they still do well in terms of trading features and bonuses. Top financial regulatory bodies around the world also regulate them.
Ratings and reviews
LimeFx is a well-established brand that offers a broad array of instruments. Its variety of platforms and account types meet the needs of any Forex and CFD trader. Newbies may practice with a demo account and trade micro-lots with minimum investment. Professionals manage diverse portfolios that cover different markets. From their offices in Belize, they provide trading platform services to millions of clients in 190 countries.