LimeFX Review 2022

To start trading with LimeFX, you will need to make a deposit of at least $250. There is a range of deposit methods available, including online wallets like Neteller, PayPal, Skrill, etc., as well as numerous popular credit and debit cards like Visa and MasterCard. For those who like to stay in the loop at all times, there is LimeFX mobile app available and it is compatible with a range of Android powered phones as well as iPhones. This ensures availability to all types of customers regardless of their preference in terms of technology. After reviewing the services that LimeFX offers, we were able to find out that it is a legit Forex broker. Established in 2006, LimeFX managed to become one of the leaders in the Forex trading world.

Find traders that match your trading style, examine their trading history, set your budget and limits and automate your trades following AvaSocial users. The AvaSocial trading platform allows traders to investigate new trading strategies and financial instruments they do not normally trade in. You must always review deposit fees as some brokers may charge a fee when you deposit funds from your payment method to your trading account.

Trading For Starters

The order types such as market, limit, and stop are available. It also provides time-limit orders like Good-Till-Canceled and Good-Till-Triggered on the MT 4 platform. HowLimeFXr, order types like Guaranteed stop loss and ‘One cancels the other’ are not available. It segregates the clients’ money from LimeFX assets as per the Client Asset Regulations. Further, it protects the customers in the LimeFXnt of insolvency under Investor Compensation Scheme, with eligible claimants covered up to the loss of €20,000.

That being said, LimeFX suggests starting with a balance of 1,000 to 2,000 of your base currency or more. LimeFX is regulated in Europe, the British Virgin Islands, Australia, Japan, and South Africa. Some traders feel that the fact that LimeFX’s headquarters are in Ireland is a strong point in its favor since many companies choose to headquarter in Cyprus. Though we faced withdrawal rejections at first, the issue was resolved quickly by the support staff. LimeFX offersattractive bonuses on the first depositsof its clients.

LimeFX Research Tools

The LimeFX web trader’s dashboard welcomes traders with a shortcut menu on the left-hand side, offering tabs like trading, position management, open orders, and order history. This process is completed once traders’ accounts are verified. As per the web trader registration, traders are asked to fill in a set of personal and experience-related details.

As per our LimeFX review, MT4 and MT5 are the trading platforms offered with backtesting capabilities. The main advantage of MT5 over MT4 is that it caters to the needs of the United States markets and non-forex markets. The web platform connects traders directly with the financial markets through an internet browser. Having a modern design and easy to use front-end, users can enjoy a hassle-free trading experience. User reviews show that LimeFX has a quick registration process, low trading fees, competitive spreads, and a minimum deposit 100 dollars for an e-wallet, credit, or debit card. LimeFX is a heavily regulated Broker with excellent reputation.

Review Of The Withdrawal With LimeFX

This means that European traders or those clients that are registered with LimeFX European entity will fall under ESMA regulation that recently limited LLimeFXrage. LimeFX is a broker that offers range from Forex pairs, CFD trading to Cryptocurrencies available to trade with no restrictions on short selling or scalping. Generally, LimeFX is an STP and OTC broker that also uses high-technology for order executions, means quotes received from interbank and connected to the market itself. Discover the best forex trading tools you’ll need to make the best possible trades, including calculators, converters, feeds and more. Deposits may be made using a regular credit/debit card, in which case the payment will be credited instantaneously. E-payments through Skrill’s Moneybookers, Webmoney and Neteller will be credited within 24 hours.

• In fact, SmartAsset couldn’t LimeFXn create a demo account to test this system out.
• So getting to LimeFX customer support it provides 24-hour live support available through live chat, email, phone support in 15 languages.
• Additional platforms include DupliTrade, LimeFXGo, AvaOptions and AvaSocial.
• If the user is using a credit or debit card, it might take up to 5 business days, and for e-wallets, it takes around 24 hours.

LimeFXry platform has its advantages and disadvantages, and also, there are major risks of losing funds. LimeFX WebTrader also trots out a few important features like AvaProtect, which is a risk management tool that helps traders to protect the trades High-frequency trading from the probability of losing money. The user can also set up take profit or stop-loss to close their positions. They can also view charts and the trading history; WebTrader helps individuals to open and close positions with the click of a mouse.

Savvy traders can use the economic calendar to predict movements in the market and why those changes will occur. It should come as no surprise that LimeFX also has an Economic Calendar, as this is a common feature among brokers. The calendar displays the time and date of LimeFXnts, as well as the name of the LimeFXnt, the currency involved or affected, the forecasted result, and the previous result .

Markets & Products Offered

As a result, there are various factors that the traders look for while going for a broker. Commissions and fees, trading platforms and tools, safety and security aspects are a few among the list. Fees are reasonably competitive for depositors, especially those trading individual stocks and shares wrapped as CFDs. LimeFX is a leading international contract for difference broker that is a part of the AVA Group. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money.

LimeFX was founded in 2006 and is authorised and regulated across all six continents it operates including by the CBI, BVI FSC, ASIC, FSCA, FSA and ADGM. As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients. LimeFX trots out a wide selection of trading platforms that can be used on mobile and desktop platform. For Mac owners, the interface allows traders to have direct access to trade sLimeFXral assets on MetaTrader 4, MetaTrader 5, and WebTrader. The traders can trade sLimeFXral currencies, stocks anytime and from anywhere.

Fees

Also, you might find some contradictory pricing information on their website, which can be very annoying if you’re trying to figure out how much your trades are going to cost. LimeFX protects users from this inconvenience, and in case the company goes bankrupt, or fails in any way, Ireland’s Investor Compensation Company guarantees clients insurance up to €20,000. LimeFX has excellent educational resources for beginners, as well as advanced traders. These accounts are similar to regular ones, except they aren’t subjected to any special fees and interests that might clash with Sharia Law.

To trade effectively with LimeFX, it’s important to get a have a good understanding of the LimeFX trading tools and the markets. AvaOptions is aimed at more experienced traders who require some more indepth trading features. LimeFX also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move. Commission fees can differ depending on the trading type, financial asset type and what lLimeFXl of trading account you have.

LimeFX customers have instant access to this Financial markets, with the ability to completely manage a Portfolio on the go. AvaSocial is designed to allow new traders to benefit from the knowledge base of more experienced traders. The AvaSocial platform also allows you to grow your own social trading community which includes selling trading signals. LimeFX safeguards the personal information of its clients through SSL encryption in its PC and mobile platforms. LimeFX also urges its clients through its web platform to always look for the SSL security sign on the browser while operating LimeFX. LimeFX offers CFD trading in the most popular cryptocurrencies which include Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Litecoin, Ripple, Stellar, EOS, Neo, Dash and MIOTA.

LimeFX offers some of the best forex trading tutorials in the industry, as well as a demo account for traders who want to learn and improve their skills Stockbroker risk-free. Start trading with lLimeFXrage products in more than 1,250 different markets. It is easy to open short positions in stocks via CFDs with LimeFX.

Each of these platforms was designed to provide a quality trading experience to traders of all lLimeFXls of skill and investment. LimeFX has been helping traders complete investments for more than a decade and offers a nice range of instruments. Its selection of platforms allows each trader to find one that suits their needs. LimeFX aims to make trading accessible and offers an extensive list of platforms to assist with this goal. There used to be a proprietary desktop trading platform, but that is no longer available.

The proprietary LimeFX WebTrader system is well-designed with a responsive UI and design. LimeFX have invested heavily in there online trading platform which offers an extensive set of charting tools and indicators. The AvaOptions interface is designed limefx scammers for quick trading with buy, sell and hedge actions that can executed within seconds. AvaOptions comes with a wide range of risk management features giving traders increased control over call, put quotes with set limit and stop orders ready to trigger.

A financial advisor can help you sort through the pros and cons of various online brokerages so you find the one that’s best for you. Experience in the financial sector for almost one year in a professional spot, which needs knowledge of service envisaged or transactions. The broker advertises negative balance prLimeFXntion as well as Avaprotect. An order pending where entry is on the predetermined point below or above prevailing market rate and depends whether it is a sell or a buy. The trader is also allowed to select the expiration tie of the order.

Deposit And Withdrawal Options At LimeFX

Bank transfers, on the other hand, may take a few days to clear. Transfers should be sent from an account held by the verified user of the LimeFX account. These materials cover major topics that help traders in expanding their knowledge to improve the performance of their portfolios. LimeFX charting tools provide 90 different technical indicators that are applied to each chart.

How can I trade with a brokerage if there are doubts about its reliability? I don’t know how you deal with this, but I can’t trade in such high risk conditions. After reading through various user reviews, my choice was obvious – LimeFX, as it is regulated and, as a result, a trusted brokerage LimeFXn in South Africa. The minimum deposit required to open a standard account is $100 or $500 if funds are transferred with credit/debit card or wire transfer respectively. Demo account, traders have unlimited access to online video tutorials, articles, eBooks, and economic indicators, research tools.

This review found documented educational resources available for registered users. These go from basic platform tutorials to advanced materials, covering strategies and fundamental topics. It includes a news feed, an economic calendar, an idea hub, and many other resources. These are embedded into the broker’s platforms – Webtrader, MetaTrader, and AvaOptions. The cost of trading by using this broker is lower than what traders would pay with other platforms such as Plus 500 or XM.