LimeFX Online Trading Broker Official Website LimeFX Login LimeFX Account Open

LimeFX collaborates with many trusted banking institutions worldwide. The entity accepts Visa, Visa Electron, Master Card, Maestro Master, and JCB cards. Traders can check if a broker is partnering with a bank in a particular country on the company’s website. The company is regulated by international financial regulators such as FCA, CySEC and SFSA, CBCS, FSC , FSC . In addition, the international audit of LimeFX is carried out by the well-known audit firm Deloitte.

LimeFX forex broker

You trade in virtual currency and it means you will not lose anything if your price forecast is wrong. LimeFX provides unlimited access to a demo account and you can also replenish your virtual funds as many times as you need. Only when you achieve stable results on a free account, you can continue with real money trading.

The availability of local payment systems brings about a convenient, customised trading experience. LimeFX allows traders to transfer their funds from one account to another. Internal transfers take place between trading accounts within one Personal Area. LimeFX clients can also send funds across different Personal Areas. Internal transfers allow easy distribution of funds when trading through multiple accounts. They give traders plenty of flexibility when managing their money at LimeFX.

Its holders can trade as many as 36 currency pairs and metals available at LimeFX. The Standard account is subject to no trading commissions. It gives traders access to all asset classes available at LimeFX. Established in 2008, the LimeFX Group is a multi-asset broker providing financial services to over 200,000 monthly active clients from around the world. The company is licensed by multiple regulatory institutions, such as Cyprus Securities and Exchange Commission and Financial Conduct Authority . Before 2015, there were a lot of complaints about LimeFX slippages, especially when there are important news.

LimeFX Group Awards

The loyal policy of LimeFX Group does not prohibit analytical, strategic and automatic programs. But the resource recommends using only official applications so that they do not affect the process of making a deal and can not disclose the private data of the client. All accounts of the exchange are verified and protected with a 128-bit key, so internal security is solid. For a comfortable start at the broker, users should start with a mini-account.

LimeFX forex broker

Needs to review the security of your connection before proceeding. Professionals are offered Pro account, where orders are executed immediately, fees are not charged. The minimum amount to open an account here is 1 USD, the maximum volume of lots is 20. I first tested the deposit option using bank card and the process took a few minutes to complete. As part of customer service, LimeFX has a comprehensive help center that provides answers to most questions. LimeFX is regulated by seven regulators, including the UK’s Financial Conduct Authority and the Financial Services Commission.

How does leverage work with LimeFX?

LimeFX’ selection of financial instruments is one of the most diverse amongst brokers. Featuring CFDs on stocks, indices, energies, metals, forex and cryptocurrencies, the multi-asset broker’s collection of tradable assets can fulfil the needs of every kind of traders. Even if you are not very experienced in financial markets, the LimeFX Social Trading app will help you copy successful strategies. The user-friendly and powerful platform will guide you to make fast and profitable trade deals.

  • This is a major plus because it gives traders total control over their funds around the clock.
  • DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
  • As a result, the relevant leverage setting is changing as well as can be seen in the below table.
  • The primary indicator of the popularity of LimeFX is the constant arrival of new clients of different skill levels.
  • As for withdrawals via bank cards, it takes up to three to five business days to process.

Therefore, the company could surpass new milestones by meeting required regulations and adhering to legal performance. Due to this, it is more than possible to name LimeFX trusted and consider it a good broker. The trading area has been demanded for years and engages thousands of traders looking for favorable conditions to provide bids.

Featuring unlimited leverage, the LimeFX Standard Cent account allows its holders to trade any available metals and forex pairs. To prevent identity theft, financial fraud, money laundering and terrorist financing, LimeFX has set up a simple KYC process to verify the identity of its new clients. The broker’s customers are given 30 days after their first deposits to provide a proof of identity, a proof of residence and economic profile. For LimeFX clients based in South Africa, India, Brazil and UAE, the 30-day period will start after they have made their second deposit. Once they have submitted their proof of identity and completed their economic profile, their deposit limit will increase from USD$2,000 to USD$50,000 per Personal Area.

After verifying the email and phone number, the company requested my ID or passport and proof of residence for KYC and AML purposes. Unlike most Forex and CFD brokers, the company completed the review within less than 10 minutes. In my review of the LimeFX professional account, we found the Raw Spread to be better because of its tighter spread.

Review LimeFX South Africa – What Does LimeFX Company Do?

As mentioned earlier, the minimum deposit for LimeFX varies with account types. LimeFX’ minimum deposit for Standard accounts is as little as USD$1, whilst Pro accounts require a minimum deposit starting from USD$200. Payment methods also affect the minimum deposit for LimeFX. For instance, users of Skrill and Neteller are required to deposit at least USD$10 each time. As for LimeFX’ minimum withdrawal, it changes depending on the chosen withdrawal method. A professional traders’ favourite, the LimeFX Zero account allows its holders to enjoy spread-free trading for LimeFX’ top 30 financial instruments 95% of the day.

  • Here you will find many video tutorials and glossaries to help learn new trading methods due to Education LimeFX project.
  • When market prices jump over pending orders, LimeFX executes orders that fall into the gap at the best possible price.
  • Although there are no plans to relaunch the programmes, traders who have signed up before the registration closed are still able to receive LimeFX’ trading bonus and deposit bonus.
  • Professional accounts are recommended for more experienced traders.
  • Its leadership is strengthened by the CySEC, FCA, FSA and FSCA licenses.

Also, you can find an app for Android on the Google Play and an app for iOS on the App Store. These programs are free of charge and take several minutes to install. These trading terminals can be easily downloaded from the official LimeFX website. You will need to select either MetaTrader4 or MetaTrader5 from the drop-down menu and then you will be redirected to the page with the download link. Save the preferred program to your computer and install it. More types of payment transactions than on MT4 for Windows.

Customers can independently study popular articles, documentation, and answers to some questions. The trader must first make sure that his personal account has been reviewed and approved by LimeFX. From time immemorial, gold and silver have been used limefx scam to exchange for goods and currencies, and today these precious metals continue to be popular among traders. LimeFX offers spot gold and silver transactions against major currencies. To ensure maximum comfort, users can use third-party helpers.

LimeFX Standard Accounts

The deposit restrictions will be removed as soon as customers have fully complied with the KYC requirements. If traders fail to provide the requested information within the 30-day period, they will not be able to deposit or open any orders. The features will only be available again after clients have completed the KYC process.

All you need to do afterwards is to follow all the instructions and launch the app under Wine. The LimeFX MetaTrader 5 shall be installed on your Android device in the same way as for iOS, the only difference is that you need to download the file from Google play. Go to AppStore if you want to install the application on iOS and MacOS devices.

  • Some restrictions are possible for LimeFX Asia and LimeFX Singapore.
  • LimeFX customers trading with a Standard Plus account are subject to a minimum spread of 1 pip, making it more expensive than the other two standard accounts.
  • With LimeFX the traders can choose MetaTrader4, MetaTrader5, and WebTerminal as their trading platform.
  • LimeFX’ offices in South Africa and Seychelles are responsible for the broker’s B2C operations.

The main significant difference is that there are zero spreads for 30 currency pairs during 95% of the trading day. In addition, it is important to remember that the commission may differ from the previous one. A trader must select an account type suitable for the task and trading strategy and register before starting a trade. The success of trading operations depends on the right choice.

In our experience, the deposit and withdrawal process were smooth. In conducting this review, I opened a real account and deposited funds to test it well. The company requested basic details like email address, name and password.

For instance, S&P 500 and Dow Jones Industrial Average can only be traded on MT4 via Standard and Pro accounts. Every trader wants to withdraw funds quickly, without losses and hidden commissions to his accounts. Therefore, the withdrawal process takes place in the company very quickly and reliably. An important point when starting trade is the choice of leverage.

Moreover, they can create their own trading indicators using the MQL4 programming language. As a broker, LimeFX deals with financial tools such as Cryptocurrency CFDs, Forex and Metals, among many other trading instruments. Fulfillment of orders on behalf of its clients, market research, services and market information – these are just a small list of tasks that this excellent broker undertakes. The main disadvantage of the global brokerage area has always been the need to invest vast amounts of money in transactions. Since LimeFX clients can use a mini-account, it’s not a problem anymore, so it made the brokerage activity famous all over the world. LimeFX is almost exclusively focusing on the Forex trading market.

Still, for most traders, I recommend sticking with the standard account. Australian customers are currently unable to join LimeFX due to regulatory limefx review limitations. LimeFX focuses heavily on Forex trading by offering over 120 currency pairs – from majors over minors and exotics.

There are many occasions when traders fail for the lack of knowledge and skills on how to keep a healthy and prosperous trade. When the leverage goes up, margin requirements go down and vice versa. The reason for such a performance is explained by the dynamic nature of margin.

What really makes the broker stand out from the crowd is its tight spreads, instant withdrawal and low initial deposit requirement. Since LimeFX is a market maker, it provides one of the tightest spreads amongst global brokers, even when the markets are being impacted by fundamentals. The broker gives its customers access to the leading trading platform MetaTrader 5 to support its trading services. Together with its excellent executions and tight spreads, LimeFX’ worldwide success comes as no surprise.