Some traders have found a slow and tedious process to withdraw money- others remark it as the ‘best paymaster’ with prompt payouts. Investors have also found their diverse range of trading instruments as a vital support to ensuring reliable profits regularly. Our LimeFx Review 2023 looked into the platform’s jurisdictions and found that it really is a global platform – offering accounts to users in around 200 countries. When it comes to actually trading, LimeFx offers around 15 crypto pairs, covering the most popular tokens, such as Litecoin, Ethereum, EOS, Ripple and Monero.
For example, you can do charting, manage orders, overlay indicators etc. You can also buy / sell with one click ordering functionality. Unfortunately, LimeFx has not developed their own mobile app for account administration etc. This means that if you are looking to manage funds / funding and other admin you will need to use the mobile browser. You can also graph out the order depth and see how the market looks across buys / sells. The LimeFx MT5 platform has also included an Economic calendar right there so that you can see a timeline of the latest upcoming economic events / announcements.
However, please note that even though the firm is headquartered in the United States, it is not regulated there. This is a big downside and is one of the key differences between the firm and LimeFx. Customer support is also a big part of the reasons why so many users https://limefx.vip/ have chosen to trade forex with LimeFx. Well, the firm has been doing quite well in creating a robust customer support system that ultimately helps enhance the overall user experience. For instance, the firm offers a live chat support feature on its website.
LimeFx Review 2023 with Rankings By Dumb Little Man
Usually, the broker that will be invested will be chosen from a safe, stable and supportive broker. So i chose here Because it can take me profitable and safe. This article outlines some basic concepts of the forex market and provides you with a solid foundation for understanding its structure.
If you are looking for more advanced trading accounts, then you should consider the zero account. It comes loaded with an array of impeccable features too. First, you will be able to trade a huge catalog of assets with the account, including some crypto assets and metals too.
Based in Dublin, Ireland, the firm has been offering trading services for years now. As you can probably guess, the firm is quite similar in so many ways to LimeFx. For starters, these are two of the most experienced brokers limefx you can work with. The ability to deposit and withdraw money is one of the most important determinants of success for any broker. LimeFx bills itself as one of the most reliable and affordable brokers out there.
In fact, it takes a lot of effort to make sure that trading conditions for retail investor accounts are secure enough for traders to feel confident. The good news is that LimeFx has implemented several key measures to ensure its investors’ safety and security. Through LimeFx’s numerous payment method options, clients are given the convenience of transferring their funds into their trading accounts with ease.
Advantages and disadvantages of LimeFx
Users should note, however, that the LimeFx brand effectively has two subsidiaries – one for European clients and one for global clients. Therefore, if you are opening an account outside your country of residence, it’s important to make sure you are on the right website. Another important consideration for any LimeFx Review 2023, is how and where the platform is licensed and what security features are offered. All the same methods can be used for withdrawing funds from your LimeFx account.
All in all, this broker is trustworthy and offers excellent service. LimeFx has a currency converter tool that allows traders to easily convert any currency to another. Simply which currency you want to convert and which currency you want to convert it to and hit the convert button.
Does LimeFx have a wikipedia page?
You can also contact their offices via telephone, email, or social media. For WebMoney, you will be charged 0.8% of the amount you deposited, but it’s important to note that you won’t be charged higher than $50. For NETELLER Visa cards, LimeFx will charge 1.75 to 4.95% of your deposit.
Reasonable Spread and Local Deposit in LKR in other big advantage of LimeFx broker. I am a United Kingdom Based Non Resident Indian currently in Delhi India. I would like to recommend LimeFx as their pay out processing is very speedy and they offer me customer support in my native punjabi language. LimeFx Copy trading options is one of the best features which gave an opportunity to me to make good earning in forex market even being a Layman.
You won’t be charged a fee when you deposit via Ngan Luong and Dragonpay. LimeFx, however, will charge you a commission for a deposit of 4% when you use PayToday. This is a very efficient dealer that is bound to grow in leaps and bounds due to its professionalism and also good customer services in tendering the best products for its clients. This is a trader I would strongly recommend one to check out if interested in forex trading.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- Our LimeFx Review 2023 found that the platform has a fairly focused offering when it comes to what financial instruments can be traded.
- Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card.
- An account application form will now appear on the screen.
- This may impact how, where and which companies / services we review and write about.
LimeFx can be a good choice for its tight spreads and low commissions, but if you are opting LimeFx for its offerings, we advise you to look out for other options. However, the opposite goes for the zero account- it doesn’t have any spread for currency pairs, but a 0.0035% commission is charged for every trade. LimeFx has maintained a positive reputation in the trading market with over 90% positive ratings.
Yes, you can be able to easily open a free demo account with the provider that you can use to hone your trading skills. The account can also be used scammed by limefx to test out the trading platform for people new to LimeFx. The success of any trader in the forex market will come down to several key factors.
Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. The spreads range from 2 pips on the standard account, to 0 pips on the pro account. Ezekiel Chew the founder and head of training at Asia Forex Mentor isn’t your typical forex trainer. He is a recognized expert in the forex industry where he is frequently invited to speak at major forex events and trading panels. His insights into the live market are highly sought after by retail traders.
Is LimeFx regulated by SEBI?
If your broker doesn’t have attractive spreads, you will find it difficult to enter profitable trading positions. The trading platforms, MT4 and MT5 are standardised, but users can customise what is displayed and where. The research provided by LimeFx is rather light, but the educational section is solid.
LimeFx made a name for their automated services, and as their name suggests, they have implemented AI to help newbies succeed in the trading world. Their Ai bots evaluate trading patterns in different asset markets and maintain portfolios for interested investors. LimeFx allows investors to profit without investing significant time in technical analysis. However, we believe LimeFx’s automation is more beneficial for traders due to the increased asset classes and rebalancing options. LimeFx also offers its services across more countries; thus, more traders can benefit from them.
In this case, you have to make sure that your strategy is well suited for the instrument you chose. Besides lots of currency pair, LimeFx also offers some instruments you would like to trade on, such as Forex, Gold & silver, CFD and Crypto for your best choice. The customer support is competent and tries to answer as fast as possible to any request. Customers are always priority with LimeFx which can be credited to the support team. The polite customer support can be reached via the online request form on their website, e-mail, phone, and live chat. The broker somewhat redeems by offering a decent service for budget traders and some secondary features.
Your funds will be retained highly secure in top-tier banks. Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, though it takes approximately 4-7 days. In case you’re withdrawing money in different currencies from USD, a conversion fee is also important. The conversion fee will be dependent on the money you are opting to draw in.
MT4 is available as a desktop client, where it remains the leader for algorithmic trading. It would be nice if LimeFx offered traders much-needed plugins to set it farther apart from competitors. There are also some other areas where the two firms are very different. For example, regarding fees, LimeFx is a bit more expensive than FX choice. But the tech at LimeFx is better, and besides, you will get better trading tools.
Last withdrawal $323, no problem, just sent all documents for identification. Like their instant execution, recommend to all, my friends use it, and no one tell the bad word about LimeFx. When we are opening an account with LimeFx from India, obviously LimeFx Indian representatives are contacting us for further process including fund deposit.