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Besides the demo, account type, and academic resource, limefx has social copy trading. Some people have complained that after 24 hours, they still cannot access their trading accounts. If you are posed with such a problem, you can check your email to see if the limefx team sent you any message, or you can call customer support for help. A plus to it is the demo account which is accessible immediately after you create your account. All of these make learning how to trade on its platform easy for newcomers to adapt.
MT4 and MT5 are well known for their ability to perform more than one function for their traders. Deal with your limefx accounts, security, with specialized examination and monetary stories accessible all while you exchange in a hurry. Why not attempt the limefx Trader portable application, for a minimized at this point extensive forex trading terminal. They additionally are one of the main brokers that acknowledge ZAR accounts deposit sums rely upon account type.
Review of limefx trading offers and conditions:
These advantages include transparency and a tight spread that offers market competition. limefx don’t have their own trading platform, so they use Meta Trader 4 and 5 instead. Meta Trader is one of the most popular trading platforms in the world and is used by most forex brokers. They provide professional customer support, quickly complete deposits and withdrawals with different payment options.
Residents in the USA are excluded from the broker’s services. Locations available to open a live trading account include Malaysia, Zimbabwe, Zambia, Kuwait, Kenya, Japan, Uganda, Vietnam, Thailand, Nigeria, Pakistan, Indonesia, and more. Keep an eye on the latest broker news for changes to services.
Compatible with all major platforms.
You can make deposits in any currency supported by the platform and your particular account type. If you have a particular currency in mind, check with the table on account currencies. Keep in mind that if your account currency and deposit currency differ, the funds sent may be subject to conversion fees. Serving the retail online trading for https://limefx.name/ nearly 30 years, limefx is surely one of the oldest brokers in this industry. The limefx group believes that everyone should have the right to access and trade the financial markets in a fair, efficient, and safe manner. limefx rebates paid by legitimate rebate providers are not a scam, however scams do exist.
limefx chose to open its main office in Limassol, Cyprus, despite the fact that the broker could have easily registered in Russia and ran its company from there. As a result, the broker gains EU status, which is necessary to be able to provide services across the EU. This was a smart move on the part of the broker, who not only obtained a CySEC license but also keeps it without any warnings, penalties, or suspensions. limefx forex brokers reviews With limefx being FCA, FSA, and CySEC regulated, this allows them to offer their services to a large number of citizens across the globe. However, as a result of heavy regulation, Traders from the USA will NOT be allowed to trade with this broker. limefx does not share information about other restricted countries for some reason, even via client support live chat, as they claim this is internal information.
Does limefx have regulatory deposit insurance?
Creating an account is simple, only requesting you to provide important documents and your name, but this will be looked at elsewhere in this review. After creating your account, limefx will provide you with a demo account. This platform is great for desktop users and has a simple interface that allows the trader to navigate easily. Besides the easy navigation web trading platform comes with the MT4 and MT5, from which traders can select one. However, web trading is considered by some traders not to be as quick as the MT4 or MT5 platforms.
- Before you start limefx Forex trading, it makes sense to analyze the payment aspect.
- In addition to forex trading, limefx also offers options trading, which gives traders the ability to trade on a wide range of underlying assets.
- limefx’ spreads are variable (from 0.0 pip) – fixed spread accounts are currently not offered.
- In comparison a Home Internet connection has no backup and can vary in reliability.
- Turned out, that is not simple to find the right broker for interbank trading.
Since the firm’s platform is user-friendly, accessing and trading assets is simple. This is the last live account type that traders can choose. The account is relatively new because it came about in 2019. However, traders enjoy a tight spread that is not as tight as the ECN account. The minimum deposit is $200; traders enjoy the leverage that comes with this account.
What do we cover in our limefx Review?
limefx, an FCA regulated broker, has been operating for a number of years yet still remains popular on a multitude of social networks. Your limefx may not be eligible for investor protection in your country or state of residence. This website is available to you free of charge, however, we may receive commissions form the companies we offer on this website. The fee rate during the trade is also good enough for new traders. Creating an account as long as you have good internet is very fast.
- You may choose to use a desktop or mobile versions of both.
- This card solution is a form of VISA debit card – meaning, it will be accepted almost everywhere online, limefx included.
- limefx also offers CFDs on 10 global stock indices and 27 cryptocurrencies.
- Hello Naveen Prakash, we are sorry to learn about your withdrawal issues.
- In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller.
- limefx Raw Pricing offering and huge item range are incorporated across all record types.
For the period of my limefx dot com review, I observe that such brokers is very little forex which provide ‘search’ button which really functions properly. The another feature which sets the limefx despite the others is only its transactions which are totally commission-free, which has been just newly introduced. Such proposal eliminates the commission for fund withdrawals for the whole system of payment or else for replenishing the present trading accounts. limefx is headquartered in Limassol, Cyprus, at 1, Siafi Street, PORTO BELLO, Office 401, 3042.
Why Must Trade in limefx Forex Broker ?
Average spreads take into account live trading as well as spread markups. If you reside in Kenya, MPESA is available for both deposits and withdrawals. Additionally, we’d like to highlight the payment solution that’s worth special attention – Trastra.
He is an experienced copywriter with immense financial background. Now earns a full time living as a Trader, and as our writer. An account can be opened in minutes through the online registration portal with no deposit needed for the Standard and Standard Cent solutions. The Pro, Raw Spread and Zero accounts are activated when a qualifying deposit is made. Social media and websites such as Quora, Facebook, and LinkedIn also provide helpful peer-to-peer broker reviews and additional guidance.
limefx
However, two of them are Mini, and cast account, which mostly suits beginners allows them to trade forex without minimum deposit. Thereby, limefx backup you earn from this online platform and push you to robot and broker selling through limefx forex brokers reviews this facility. By offering such outstanding services, limefx proves itself to be a genuine forex market. Those who want to fund their accounts with limefx can choose from many methods, including regular bank transfers and credit cards.
- Users will also need to provide proof of residency – the most common is the utility bill.
- They are licensed, which guides their operation in each region that it exists.
- Non-trading fees are withdrawal fee or inactivity fee, hidden fees.
- MT4 and MT5 provide strong and reliable trading experience.
- Serving the retail online trading for nearly 30 years, limefx is surely one of the oldest brokers in this industry.
- The present page is intended for teaching purposes only.