LimeFX online trading platform is offering more than 250 financial instruments. LimeFX is the trading name of the FXBFI Broker Financial Invest Ltd started its operations in 2016. The broker offers 250+ CFD assets such as currencies, stocks, commodities, cryptocurrencies, indices through its four different types of dedicated trading accounts.
LimeFX is operated by FXBFI Broker Financial Invest Ltd, the company is regulated by CySEC and adhere to strict regulatory standards. Yes the broker is highly regulated and authorised by the CySEC. The trader is required to fill in the form with the personal information that it asks for. You can find the details of the spreads for each asset class and instrument here.
Having a Gold or Platinum account does come with some advantages if you are trading forex through LimeFX. You get reduced spreads, which can be as low as 0.7 pips for Platinum account holders trading the EUR/USD currency pair. By comparison, Silver traders pay a spread of 2.2 pips and Gold traders pay 1.3 pips for the same currency pair. You can open a demo account to experiment with the trading platform and its various features.
Our reviewers will show this works to protect your funds at all times. LimeFX also offers the MetaTrader 4 platform, making it a perfect fit for those who love trading on both desktop and mobile. Users should remember that all trading carries risks and users should only invest in regulated firms. The opinions expressed in this Site do not constitute LimeFX advice and independent financial advice should be sought where appropriate. This website is free for you to use but we may receive commission from the companies we feature on this site. When trading, the only fees you’ll face are CFD spreads – which, as we’ve noted, are typically well below the industry average whether you’re trading stocks, forex, or commodities.
While we may receive compensation from some of the products we review, you do not incur any extra charge whatsoever for using our content and clicking external links. Submission of all the necessary information and documents enable the company to process with your transaction after identity authentication process has been completed. LimeFXs are subject to market risk, including the loss of principal. No, as per regulatory restriction, LimeFX doesn’t offer any deposit bonuses or promotions. The site sometimes freezes, but everything works fine in the application.
Customer support at LimeFX
Traders can easily deposit and withdraw the amount of money they want. The initial deposit requirement for brokerage accounts is $250. With the initial fund deposit, traders can start online trading in the market. The financial services provider https://limefx.group/ offers the best trading platform, MetaTrader4, a popular platform with a user-friendly interface. The customer support and dedicated manager are the cherries on the top of a cake. Like many brokers LimeFX also charges fees for brokerage.
Thanks to the broker’s CySEC license, we can safely recommend LimeFX to you. Sign up with LimeFX for a tech-inspired trading experience. limefx scammers Among the best features that these platforms offer are 4 types of order executions, 24 analytical objects, and customized trading.
Investing101 is a fully licensed broker that is regulated by the Cyprus Securities and Exchange Commission . CySEC is a trusted financial watchdog that oversees many of the top online brokers in the world. While many online brokers provide market news, LimeFX does a better job with this feature than most of its competitors.
To complete the process, traders need to go through the KYC process, per regulatory requirements. Some of the features you can get via MT4 include over 30 analytics tools, 9 timeframes, 24 analytical objects that include channels, shapes, arrows, and much more. Traders also get access to expert advisors, multiple order types, a fully customizable interface, a strategy tester, and the MQL editor. Traders using LimeFX have access to over 250 assets, which are traded as CFDs. Traders get access to over 45 different FX pairs as CFDs including the most popular pairs. For crypto, traders, get access to 20 of the most popular digital currencies with CFDs.
- LimeFX is operated by FXBFI Broker Financial Invest Ltd, the company is regulated by CySEC and adhere to strict regulatory standards.
- Security is high on the agenda too, with SSL encryption, and firewall protection.
- Other contact options include a dedicated email address, telephone number, and live chat functionality.
- The remaining three offer different features includes flexible spreads and leverage correlating with your trading skills, experience, strategies, and LimeFX goals.
If you want to invest in markets outside the US, LimeFX offers index CFDs. There are 15 indices available, spanning North America, the UK, mainland Europe, and Hong Kong. Spreads can be as low as 0.32 pips and exceed 2 pips only for a few index CFDs. In our LimeFX review, we’ll cover everything you need to know about this broker’s assets, fees, features, and more. All deposits are free of charge, except for payment processing fees that are charged by your payments service. Yes, in order to trade and withdraw your funds, the platform requires you to verify your account by providing the necessary documents.
Customer Service at Investing101
The brokers concentrate more on satisfying the client and their needs. The platform provides a fast, seamless, and flexible trading experience, with a range of advanced features to suit different trading styles. LimeFX charges spread and swap fees when you make a trade.
- LimeFX.com makes it easy to trade financial instruments from the comforts of home, or on the go.
- You can use and synchronize your LimeFX account across all three of these platforms.
- Moreover, they are registered with MiFID , which implies that the user’s funds are secure even if the organization goes bankrupt.
- Finally, our review team found that LimeFX is also a member of the Investor Compensation Fund.
- When it comes to safety, LimeFX constantly puts great effort to maintain a safe and transparent trading environment.
- In addition, traders can know and analyze the market within the mobile applications and devices they use.
So if you have questions, contacting support may be the only way to get answers. Of course, MetaTrader 4 does come with a much steeper learning curve than WebTrader. So, beginners may want to start out using WebTrader and practice with MetaTrader 4 only once you’re ready to dive into more advanced trading strategies. The list of cryptocurrencies includes Bitcoin , Ethereum , Cardano , Bitcoin Gold , Ethereum Classic , Litecoin , NEO , Ripple , Stellar , Monero , Zcash , Verge , and others.
The broker provides traders with reasonable spreads, and other flexible features. Besides that, there are no commission fees charged to clients but other fees available such us inactivity fees and swap fees for overnight positions. Anyone looking for a reliable and regulated broker with a commitment to customer satisfaction will be pleased with LimeFX. These account options sound tempting, but trading on is just a scam. Compared with some competing binary options brokers, has more limited deposit methods.
Traders can even use the form option to connect with the client support team. The official website of CFD broker has all the facilities for a trader to be in touch with the professional support team. Traders can contact the team from morning 7 am till 5 pm, five days a week. Other than this, they can email, call or live chat with them.
The research is easy and affordable with its indicators, charts and patterns, signals, and mathematical tools. In addition, traders can know and analyze the market within the mobile applications and devices they use. Between 74-89% of retail investor accounts lose money when trading financial derivatives. You should consider whether you understand how financial derivatives work and whether you can afford to take the high risk of losing your money. This broker offers access to some of the major trading instruments.
What Assets Can You Buy on LimeFX?
Compared with many other brokers, the trading tools available on the platform are relatively limited. If you’re looking for a well-established and regulated broker, our LimeFX review is for you. LimeFX is operated by FXBFI Broker Financial Invest Ltd, a CySEC-licensed company that offers you access to over 250 trading instruments. This includes CFDs on forex, commodities, stocks, metals, commodities, and cryptocurrencies. In addition, the broker provides you with low spreads and ultra-fast execution speeds. It is important to remember that CFDs are complex trading instruments which come with a high risk of losing money rapidly due to leverage.
- You can open an account fairly quickly by filling out the online sign-up form.
- That way, it’s a bitter-sweet arrangement that makes you trade convenience for the legitimacy of a regulated platform.
- These educational resources are very helpful for experienced users as well as the new traders.
- WikiFX Internet and its mobile products are an enterprise information searching tool for global users.
- The firm was established to offer numerous unmatchable trading services with top-notch quality educational content for all the users on their site.
- 80% of retail investor accounts lose money when trading CFDs with this provider.
It is compatible with PC and Mac, as the ultimate desktop trading software. It is fully functional, and packed with features, with optimal performance to consistently deliver exceptional trading across a wide range of financial instruments. Among others, MT4 features 4 unique market order execution modes, including instant, scammed by limefx request, market, and exchange. Traders can enjoy customized trading functionality, with dozens of analytical objects provided, and full trading history as well. It comes under the regulation of Cyprus Securities and Exchange Limited. It offers a wide range of assets to trade CFDs such as foreign exchange, cryptocurrencies.
Swap charges are a bit on a higher side as per the industry, but it offers swap discounts. The broker offers the advanced and world’s popular MetaTrader 4 trading platform. It also provides advanced research tools and educational support. This broker has achieved several awards for its services and trading tools.
After that, you’ll need to give some more information and complete a short questionnaire about your economic profile and experience. Finally, to verify your account, you’ll need to supply proof of your identity and address. Our LimeFX review team found that the process takes a few minutes to complete.