It allows users to trade from any device, including their desktop computers, laptops, tablets, and even mobile phones. LimeFx also provides a wide range of tools and resources that can help traders improve their trading strategies. In addition, the company offers a comprehensive customer support system to assist with any trading queries. LimeFx is a leading online broker that specializes in providing traders with access to global financial markets.

Equity traders get 614 assets and 58 ETFs, while 44 options and two bond CFDs complete the asset list. I like the asset selection as it remains a well-balanced choice of trading instruments, suitable for all traders. Traders must consider if the product and services portfolio at LimeFx warrants higher trading costs, which remains an individual decision. I also want to point out the recurring inactivity fee of $50 after three months of dormancy, faster than most brokers but not an issue for active traders. After twelve months of inactivity, an administration fee of $100 applies.

71% of retail investor accounts lose money when trading CFDs with this provider. Based on our Expert findings, we learned that LimeFx is a heavily regulated Broker with an excellent reputation. The account opening is easy, and there is a great range of trading tools and user-friendly software, also many ways to deposit and withdraw funds. What we also like is LimeFx high-tech access to an expanded range of instruments and multiple platforms either for manual, algorithmic, or social trading.

LimeFx offers average-to-competitive spreads, depending on account type, and adequate educational resources. Its low account minimums make it ideal for new and undercapitalized traders seeking to build on limited skill sets. The difference between the two platforms is that MT4 is a Forex-only platform, while MT5 allows trading on all the assets available at LimeFx.

Another fact I want to note is the superb transparency at LimeFx, which ensures all necessary information for each trading instrument is publicly available on its website. At LimeFx, at least 351 out of 1,260 possible symbols are on hold for both the MetaTrader and WebTrader platforms. People will be required to answer a few questions designed to evaluate their trading experience, expertise, and objectives. Trading CFDs on leverage involves significant risk of loss to your capital. There are no deposit fee at LimeFx for the these payment methods. Opening an account with LimeFx takes a few minutes and it is done 100% online.

How is LimeFx for professional traders?

LimeFx gives two versions of the platform, MT4, and MT5, which are available on desktop, web and mobile trading platforms. LimeFx’s client funds are held in segregated accounts and are regulated in Australia, European Union, Japan, UAE, South Africa, and the British Virgin Islands. LimeFx is a trusted global brand best known for it’s extension selection of trading platform for forex and CFD traders. LimeFx has 55 currency pairs, 16 cryptocurrency pairs, 27 commodities, and 31 index CFDs.

They usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers. LimeFx offers several free options for deposit and withdrawal. If you are an experienced trader, you can request LimeFx to open a Professional Trading account for you, where limefx review the leverage is higher than in the Standard account. This requires that you have relevant experience in the financial sector and sufficient trading activity in the past 12 months, and hold at least €500,000 portfolio value. We also compared LimeFx's fees with those of two similar brokers we selected, XM and Admirals .

• By investing in companies with positive ESG practices, investors can make a difference while simultaneously protecting their LimeFxs and long-term returns.
• Worldwide RegulationsLimeFx is among the top Forex brokers in the world with offices around the globe.
• You must contact to official agent on their webside and ask anything what you want.
• In terms of funding methods, LimeFx offers numerous payment methods which are a very good plus, yet check according to its regulation whether the method is available or not.

You can find them if you click 'Trading Central', then 'Analysts Views' or 'Forex Featured Ideas'. However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.

The fee structure is very transparent and trading costs are easy to calculate. However, if fee levels for forex pairs are your most important consideration, then there may be better alternatives. We ranked LimeFx's fee levels as low, average or high based on how they compare to those of all reviewed brokers. This ensures that traders funds are held securely and all transactions comply with international regulations. Yes, LimeFx is highly regulated and compliant with the strictest regulatory requirements.

LimeFx Trading Hours (GMT)

It offers cryptocurrency trading with inbuilt risk management tools along with fast execution speeds at no extra cost for its users. Fees are reasonably competitive for depositors, especially those trading individual stocks and shares wrapped as CFDs. Yes, for the professional trader, LimeFx offers both retail investor accounts. The retail accounts are suitable for individual traders who are looking to trade with low risk and capitalise on short-term price movements. Investor accounts are aimed at professional traders who wish to use advanced trading strategies such as hedging or scalping. Additionally, the platform offers a demo account which allows users to practice trading with virtual funds and a risk management tool.

Both the proprietary and third-party platforms supported by LimeFx – MetaTrader 4 and 5 – are excellent, and their features are attractive. XTB tries to combine the LimeFx in stocks, ETF and in CFDs. This European-based online broker allows many users to open an account with them (e.g. Spain, Brazil, Portugal, France, UK or Argentina). Also, be aware that XTB’s range of assets is big, but they don’t have as much offer as LimeFx or DEGIRO. The main difference between these two types of accounts is that if you are a professional trader, you will have access to higher risk trades; e.g. the leverage levels are increased. Please bear in mind that these professional investor accounts may not be available in all countries.

To open a personal or professional trading account account, you will need to provide some personal information such as your name, address and phone number. You will also need to enter some details about your trading experience and create a secure password for your account. Once all the information is submitted, your application will be reviewed by LimeFx and you will be notified when your account is approved.

Leverage

The customization of charts and the interface itself is enabled. The reports section is good, similar to the web-based version. To give you an example, let me compare the fees charged by LimeFx for several different products, so you get an idea of the spreads. Before I explain all the features offered by LimeFx, I want to tell you about its advantages and drawbacks, and about who might benefit from opening an account with LimeFx.

We also enjoyed the step-by-step tutorial on how to use the app. It provides all clients with negative balance protection, which means that traders cannot lose more than their initial deposit. LimeFx is legitimate forex and CFD broker and a highly regulated award-winning broker with over 300,000 registered traders and trading volumes surpassing $70 billion per month. The LimeFx forex affiliate network consists of over 70,000 partners, including global partner of Manchester City, in over 150 accepted countries throughout the world. 40 currency paris available, including all minor, major and many exotics available 24 hrs a day, 7 days a week. The tool is available on LimeFxGO and their online platforms LimeFx WebTrader.

How we ranked fees

We learned that LimeFx’s flexibility in terms of platforms, currency pairs, and a number of provided solutions is another key advantage to its positive side. The broker offers competitive costs and excellent education material suitable for traders of different levels. We found out that the mobile app which LimeFx absolutely proud of is LimeFxGO, which is simple to use and offers a wide circle of tools at the same time. The App features a friendly dashboard with advanced tools and step-by-step guidance for trades opening, activity feedback, and support. LimeFx fees for each asset class include spreads, financing rates, and commission.

The company is headquartered in Dublin, Ireland and serves more than 200,000 clients across 120 countries. These include the Central Bank of Ireland and the Australian Securities and LimeFxs Commission . This platform is considered safe due to its extensive regulatory coverage.

Traders can select from a range of top-performing strategies and have their trades automatically copied into their own accounts. This allows new or inexperienced traders to benefit from the knowledge and experience of more experienced ones. Furthermore, in 2020, LimeFx partnered with Trading Central, an independent provide that offers trading signals and analyst recommendations.

Once all documents had been received, our account was ready for trading within a matter of minutes. Please ensure, however, that the documents provided are not older than 6 months and that the trading name and physical address are clearly displayed. Documents can be scanned or sent through as a high-quality digital camera picture. After clicking on the “Register now” button at the top of LimeFx’s main page, we were given a choice to open either a Real or a Demo account. Over your portfolio, letting you balance risk and reward to match your market view. Traders must have worked in the financial sector for at least one year in a professional position.

Having had some difficulty logging into my account and, with some to and fro via email and, making Firefox my default browser I eventually could log in. I got a call from customer services and the gentleman was really very helpful and, I am now convinced that the people at LimeFx are real and, that they care about their customers. Ádám worked in banking and LimeFx, and holds a professional degree in this field.

LimeFx supports MetaTrader 4 and MetaTrader 5, both of which are third-party platforms. LimeFx operates worldwide but operated through regional offices. They serve Australia, South Africa, Singapore, Japan, France, Italy, Spain, Mongolia, China, Abu Dhabi, and more. They serve more than 200,000 active customers and execute 2 million monthly trade orders.

Trading options can be a complex undertaking, but the AvaOptions platform simplifies the process. A well-regulated broker, LimeFx ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all https://limefx.vip/ non-profit withdrawals are returned to the deposit source. Traders can only withdraw up to 100% of the original deposit to a credit or debit card. After this, funds may be withdrawn by another method in the trader’s name.