Overall, LimeFx is a reliable broker thatprovides traders with an enjoyable experience. Whether you’re a forex trader orother financial instrument trader, this broker can offer you the necessarytools to make informed decisions and succeed in your trading activities. The platform also provides sophisticated toolsfor each instrument, allowing traders to analyse the markets and make informeddecisions when trading. With 300+ trading instruments available, LimeFx is oneof the best platforms for traders who want to diversify their portfolios. This platform is known for its user-friendly interface andcomprehensive features.
Use your Yearly Upgrade and trade-in your device.
Metal trading is an excellent option fortraders looking to diversify their portfolios and spread the risk. Traders canenjoy more liquidity and higher trading volumes while trading these metals onthe LimeFx platform. Regarding withdrawals and deposits, LimeFxdoes not charge any extra fees for using their payment gateways. However,clients might need to pay third-party charges for using certain paymentmethods. When there is a large difference between the bid and the ask price, then the spread is considered to be high. Major currency pairs usually have low spreads, whereas emerging market currency pairs generally have a high spread.
Fees details
Brokers operate multiple entities because it allows them to serve clients worldwide. However, licenses obtained by regulators in different jurisdictions do not always entail the same degree of protection. Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand.
Analytical tools
The type of account that is right for you also depends on your risk tolerance, your initial investment size and the available time you have to trade on a daily basis. A trading platform is computer software that online traders and investors can use to trade the global markets with a broker or other financial intermediary. The broker provides over 300 trading instruments across most major asset classes, offers diverse trading accounts, and incorporates the popular MetaTrader 4 platform. Most deposit and withdrawal requests are processed by LimeFx within 24 hours. In most cases, payments to and from LimeFx accounts are free of charge, though third-party banking fees may apply.
- Regarding safety and security, LimeFx isregulated by the Seychelles Financial Services Authority (FSA).
- They are held frequently in several languages – English, Chinese, Arabic, and Malay.
- I conducted my test on 18 December at around 9.50 am CET via live chat.
- For Forex traders who use scalping as a trading strategy, low spreads are crucial.
- This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards.
The following LimeFx review will help you find is LimeFx legit broker and safe for investments. The LimeFx reviews provided below gives a final verdict and opinion on various aspects like features, pros & cons, trading platforms, instruments, security measures, and more. LimeFx is a multi-asset broker that is gaining prominence for its fast execution and low spreads.
Deposit and Withdrawal
Overall, LimeFx is a well-regulated brokerproviding a secure trading environment for traders. Regarding safety and security, LimeFx isregulated by the Seychelles Financial limefx review Services Authority (FSA). In addition,client funds are kept in segregated accounts in top-tier banks, and their personal information is guarded under SSLencryption.
LimeFx does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea. I did not find any specific feature in LimeFx’s offering to say that the broker is better suited for high-frequency or longer-term trading. However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms.
With LimeFx, you can trade over 300 trading instruments from 6 asset classes just by using the leading trading platform MetaTrader 4. All markets are at your fingertips, including forex, shares, metals, futures, commodities and indices. You can buy or sell your favourite assets via CFDs and explore trading opportunities with flexible or fixed spreads. What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals. The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. LimeFx is a regulated broker operating underthe Seychelles Financial Services Authority and offering a wide range oftrading instruments, including forex, futures, commodities, shares, andindices.
We pride ourselves on being able to offer a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that.LimeFx ⚡️Empowering traders. Our Live accounts can be separated into fixed and floating depending on the spread. Our Cent account is similar to our Live accounts, with the only difference that dollars are denominated in cents. For example, if you deposit $100, this will be converted and added to the Cent account as 10,000 cents.
Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides. As for withdrawals, clients of the brokerage firm can make use of most of the payment processors we just mentioned. https://limefx.biz/ While transferring funds from your trading account, you need to bear in mind that all withdrawal requests are first reviewed and approved, which might take up to 24 hours. There are several futures asset classes for traders to pick from, including currencies, indices, and commodities (oil and agriculture contracts).