With its headquarters in Belize, the company serves 5M+ clients from 190+ countries worldwide. The broker claims to have a wide range of trading instruments and accommodating terms to facilitate retail and professional clients. However, the company lacks competitive variety amid trading platforms.

Deposits and Withdrawals

Traders can even set uptheir own alerts and messages on the platforms, which can be based on certainsituations, price levels, or technical indicators. Even when they aren't actively watching the markets, buyers can stayup to date on market changes and possible tradingchances by getting timely notifications. LimeFx's most famous tradingplatforms are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can use severaltools and features on these sites to improve their investment experience. Let's take a closer look at what these platforms haveto offer.

MT4 & MT5 trading apps

• That is because most brokers will give Islamic accounts higher spreads.
• You can make use of any by contacting your Personal Account Manager.
• An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
• LimeFx has been acknowledged as the “Best FX Service Provider” for the year 2022 by the City of London Wealth Management Awards.

Founded in 2009, this broker’s Group has become a significant player in the trading world by offering its clients a diverse range of products. As a multi-regulated online broker, LimeFx must adhere to strict compliance guidelines. At present, LimeFx is overseen by 13 different regulatory bodies based in over 10 countries. The company also boasts a track record of over 2.4 billion trades executed with no re-quotes or rejections.

BlackBull Markets Review

LimeFx offers a choice of accounts to suit different trading styles, budgets and experience levels. European and UK clients, for example, can access the Ultra Low Micro, Ultra Low Standard or LimeFx Zero accounts. Global clients, on the other hand, can open a Micro, Standard, or LimeFx Ultra Low account. Depositing and withdrawing funds with LimeFx is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world.

Traders registering with LimeFx have the choice of three account types- The Micro, Standard and the Zero Account. While the trading conditions like the number of base currencies, contract size, and the spread are a factor of the account type, the CFD broker does not charge commissions. The only costs are the spread, which starts at 0.1 pip for the major FX pairs and the swap for holding overnight positions. An advantage aspect of trading with them is the absence of deposit or withdrawal charges. In essence, traders have unhindered liberty to transfer their funds within and outside their respective trading accounts without bearing supplementary expenses from this broker.

That said, LimeFx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. Overall, LimeFx is a trustworthy broker providing CFDs and low spreads on 100+ trading instruments. Some brokers will charge for additional withdrawals in a month, regardless of the method. limefx The fact that LimeFx does not charge for withdrawals helps to keep costs down for the trader. For deposits into the account, they can be made in any currency and will be converted into the base currency of your account by LimeFx prevailing inter-bank price. All deposits via credit/card and e-payment options clear into your account instantly.

Cryptoasset investing is highly volatile and unregulated in some EU countries. The phone support team successfully resolved our questions and issues over the phone. On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LimeFx leverage magnifies both profits and losses in trading. You can trade a wide variety of instruments with LimeFxover 1000 instruments in fact. Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, PreciousMetals CFDs and Energies CFDs are all available on LimeFx.

It offers an elaborate schedule for its live education programs and free live currency webinars in several languages, seven days a week. Indeed, most of their trading instruments allow for leverage, but the maximum leverage amount varies depending on the account type and the item being traded. This broker provides tools such as stop-loss orders and risk management resources to assist you in efficiently managing leverage. Use these tools with a well-defined trading strategy to reduce risk and optimize your trading opportunities.

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. LimeFx offers occasional bonuses and financial incentives for new customers. Access will vary by jurisdiction due to regulatory restrictions – EU, UK and Australian investors cannot access trading promotions for example.

The Zero account offers spreads from 0.0 pips with a $5 minimum deposit while MT5 offers fast processing and powerful trading tools. LimeFx offers its traders a comprehensive range of educational resources like live education platforms and education rooms, making it easier for newcomers to understand the complexities of trading. The low minimum deposit requirement of just $5 also lowers the barrier to entry. Additionally, beginners can benefit greatly from the demo account provided by LimeFx. This review of LimeFx is grounded in CompareForexBrokers’ comprehensive and methodical approach.

If you want to trade with less than $200 then you would need to look at the micro or standard account options. Those of you who just want to get a feel for trading can open a demo account free of charge without any commitment. I always https://limefx.name/ start on a demo with a new broker just to get a feel for what they have to offer. The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities.

Plus, there are a further 43 video tutorials on all aspects of using the MT4 platform. As we have highlighted above, the offering of products to trade with LimeFx is somewhat mixed. Yes, the induvial stock offering is extremely robust with 1236 stock available to trade from many different global exchanges.

I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. LimeFx Group is authorised and regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA).

These services require significant investment, and in turn, LimeFx may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall LimeFx trading profitability. Besides explaining the pros and cons of signing up with it, we also mentioned supported countries and listed tradable markets you can explore at LimeFx. Moreover, we shared clients’ reviews about the broker on different platforms such as Reddit, Quora, Trustpilot and Forexpeacearmy. LimeFx Group is a globally established and regulated online trading broker. They are one of the best brokers for day trading from my experience.