You should take the security of your personal information seriously and check SSL encryption is enabled on the LimeFxFX trading platform to protect you on PC and mobile LimeFxFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using LimeFxFX web trading platforms. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Is LimeFx regulated?
LimeFx trading fees spread, and commissions start from US Dollar 7 with spreads as low as 0.6 pips. However, all accounts on LimeFx are swap-free and they do not charge any fee. Established in 2011 and located in London, LimeFxFx is a forex broker that renders its services to users worldwide. This review will focus on its regulations, trading instruments, deposit & withdrawal methods, online trading fees, spreads, leverage and how to open an account. It will also explore the investment safety measures provided by the broker.
- Traders of all experience levels will find that MT4 is a good option when seeking a platform that is not only simple but also sophisticated and powerful.
- The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community.
- LimeFx Markets incorporated registered address is Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines.
- Master traders can create multiple accounts for different strategies.
Corporate Social Responsibility
LimeFx does not levy internal withdrawal fees, but traders should consider potential third-party payment processor charges. With more than a decade of experience and 6.6 million trading accounts from over 100 countries, traders should be able to have trust in LimeFx. LimeFx offers a 50% bonus on each deposit, and a four-tier status program rewarding active traders. It also maintains a Trade & Win promotion, where each lot counts as a prize lot, redeemable for prizes. Terms and conditions apply, and I recommend traders read and understand them before participating. Beginner traders get the most educational value from webinars, which LimeFx also publishes on its YouTube channel.
The Trustpilot Experience
LimeFxFX offers several payment methods which include Bank account transfers, credit cards, debit cards, e-wallets (Skrill, Neteller, Perfect Money), and Bitcoin. Only trades performed on the MT4 trading platform are eligible for the contest. The Copy trading app is not only available to LimeFxFX account holders.
Some brokerages won numerous awards, such as the ‘Best Online Broker Global 2022’ award from World Business Outlook and the ‘Most Reliable Broker Asia 2023’ award from Global Forex Awards. When it comes to LimeFx’s Customer Service, they are the best in trading compared to other platforms. Their support team is interactive and accessible at all times and responds to clients’ trading inquiries in no time. LimeFx Markets incorporated registered address is Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines.
What is the minimum deposit?
LimeFxFX also protects users’ personal data and financial transactions. The SSL-protected Personal Area is secured with 128-bit encryption. LimeFxFX has a team of professional technical specialists and security engineers that monitor the company’s technical environment https://limefx.name/ around the clock. The job of this team is to develop and maintain top-level protection to prevent data loss, damage, or any form of technical issues. Depending on the payment method you choose, the steps to add funds to your account will differ.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market limefx becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. Axi is a global and multi-regulated forex broker with Headquarters in Australia.
The only thing you will need to do is check the “Swap-Free” box during the initial account sign up stage. To help support traders currently impacted by COVID-19 across the world, LimeFxFX is reducing spreads to enable higher profits. Exact spreads and commissions will vary depending on the account type you hold. Traders can choose between MT4 Micro, MT5 Pro, or the cTrader ECN account. One of the most important factors to take into consideration when using leverage is the asset spreads, in addition to other fees that may apply.
This is done to safeguard clients from experiencing financial hardship. The broker was established in 2011 and offers strong trading platforms and numerous account options to cater to all kinds of traders. JustMarkets distinguishes itself with various account types, including ECN and Standard accounts adapted to various trading styles. It provides South African traders with narrow spreads, large leverage choices, and an easy-to-use interface. JustMarkets also emphasizes instructional resources and analytical tools, making it a good choice for new and seasoned traders.
They may opt for a direct deposit or transfer from their trading account. LimeFx displays a recommended amount to allocate to each Master Trader. Copiers may copy trades in full or proportionally to their trading balance versus the Master Trader. I recommend the former, as it will result in superior trading results, as it adjusts positions based on portfolio size and leverage.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. LimeFx is a reliable broker with over 11 years of experience, and we care about the safety of our users’ funds. We abide by the AML guidelines, and our team is still checking your account. Once it’s done, your account will be activated, and you can continue trading.
