As an added element of security, LimeFx also segregates its clients’ funds from its resources. All decent brokers would do this anyway, but this also helps to protect clients’ money if LimeFx became insolvent. There are weekly live market analysis webinars, in addition to educational webinars on several topics. Historic webinars https://limefx.group/ are available , whilst premium content is available for account holders. Furthermore, on the standard account, there is no minimum level needed to maintain an account . It is rare for brokers to offer these types of products , however where crypto is offered, we believe a selection of just two instruments is disappointing.
Moreover, despite LimeFx’s longevity in the online brokerage arena, the limited number of product offerings, especially when compared to its competitors, is a bit surprising. Being NFA/FCA regulated is a plus, but not providing slippage protection or additional deposit protections beyond limefx what’s mandated by regulators is concerning. LimeFx’s client login page is impressive for its functionality. Commission charges are aggregated and posted to client accounts as cash adjustments. LimeFx offers most clients varying degrees of account protection depending on the region.
LimeFx has two types of trading accounts which have been distinctively designed to meet individual trader needs. These account types are the demo account and the standard trader account. LimeFx broker is primarily based on the fLimeFx as it is the main platform.
These trading instruments are available on the MetaTrader 4 and MetaTrader 5 platforms. LimeFx offers competitive spreads on currencies that begin as low as 0.8 pips for major currency pairs. LimeFx is a forex and CFDs provider with over 20 years in the market.
What types of accounts offered by LimeFx?
LimeFx holds 6 global Tier-1 licenses, while LimeFx holds 4. LimeFx holds 2 global Tier-2 licenses, while LimeFx holds 0. In our analysis of 23 international regulators across 50 brokers, LimeFx earned a higher Trust Score than LimeFx. Prior to dabbling into margin trading, each reader should take the time to determine their individual LimeFx goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice.
LimeFx provides forex and CFD traders everything they need to successfully navigate the markets, with multiple daily articles, as well as podcasts and research tools. One minor annoyance is that many of the research resources from the desktop and web platform open in a new browser, rather than being directly integrated within the platform. LimeFx also provides fewer video updates than the leaders in this category, such as Saxo Bank and IG. The broker is well-regulated and offers Razor and Standard accounts for trading. The available platforms are TradingView, MetaTrader 4, and MetaTrader 5. However, it should be noted that TradingView is only available for Razor cTrader account holders.
Why Trade with LimeFx?
They don’t require any fees for funding to the LimeFx trading account. Depositing via credit may require high fees, as banks charge interest on that. But, considering the fees, funding via bank transfer is safe.
- I filed a complaint with the Commodity Futures Trading Commission.
- This gives them an unparalleled presence across the online trading space.
- Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
- The website has a dedicated research section called “Market Pulse” and an education tab called “Learn” which is a plentiful source of material to learn how to trade.
- With this number of offices spread, LimeFx has increasingly attracted the attention of clients worldwide.
TradingView platform offered alongside several VPS services for MT4 hosting. The fLimeFx mobile app has a great balance of features and ranks highly for ease of use. CTrader doesn’t support trading shares and therefore TradingView users will only have access to trading FX, cryptos, indices, and commodities. LimeFx is a group of Forex and CFD brokers regulated limefx broker reviews in Australia, Canada, Japan, Singapore, the UK, and the US. Forex trading involves significant risk of loss and is not suitable for all investors. LimeFx is the trading name of GAIN Global Markets Inc., which is authorized and regulated by the Cayman Islands Monetary Authority under the Cayman Islands Securities LimeFx Business Law.
LimeFx account types
Identify potential trading opportunities using the range of powerful analysis tools that are available on our trading platform. Build a stronger trading strategy using our range of technical analysis tools and resources. CFD trading Globally recognised broker with experience in financial trading services dating back to 1996.MarketPulse Daily market information from our team of award-winning analysts. On Onada’s site the withdrawal was shown by deposits I had previously made and showed that the withdrawal was completed.
Since LimeFx is available in more than 196 countries, most of the counties in the world can try this broker. Especially traders from the USA can try LimeFx easily as LimeFx is the second most popular forex broker in the US. Not only does TradingView power the LimeFx Trade charts, the platform also doubles as a trading platform. One of the major benefits of TradingView is its worldwide community of over 30 million traders to learn from. So basically TradingView is a social trading community as well as a charting specialist platform.
Is LimeFx or LimeFx safer for forex and CFDs trading?
A better alternative to a paper-based currency cheat sheet is LimeFx’s online currency converter. It has a clean, responsive design with plenty of pairs to compare. It uses its own data sources like LimeFx Rates and touchstone FX. Changing the leverage is a very useful feature when you want to lower the risk of your trade. Always be careful with forex and CFD trading, as preset leverage levels may be too high.
With a demo account, you can access all of LimeFx’s main trading platforms. All demo accounts start with 100K of virtual currency but you can easily change your demo account balance via the broker’s website at LimeFx.com. LimeFx’s analysis tools allow traders to test their strategies using common coding languages and analyze the effect of economic news directly on charts. The target market for such features tend to be experienced traders who need advanced analytics and resources to deploy, test, and manage their trading strategies in real time.
Deposit and withdrawal
You will generally get at least one free withdrawal per month on most methods . After that, subsequent withdrawals will incur fees depending on the region, for example £10 in the UK, $15 in the US and €20 in the EU. At LimeFx you can trade 16 of the world’s major stock market indices. All of the usual major US and European indices are available, in addition to Asian indices from China, Hong Kong, Singapore, India and Taiwan. At LimeFx, inactivity fees begin to be levied after 12 months of no trading activity.
E.g. you can have a USD account with EUR and GBP subaccounts. LimeFx’s account opening is straightforward and no initial minimum deposit is required. LimeFx charges a reasonable $14 (£10) monthly inactivity fee if you don’t use your account for trading for more than one year. However, they provide a Spread Cost Calculator you can use to calculate your absolute spread cost annually.
LimeFx Forex Broker Broker Review
We are not liable for losses that resulting from the information provided on our site. The minimum deposit for LimeFx can be any amount and it doesn’t depend on the LimeFx account types. However, it doesn’t mean that traders can deposit any large amount easier. LimeFx forex review suggest that the users will need to provide some additional documents if they go for depositing more than $9000. The additional documents include bank statements as well as a passport. So, if you are a retail trader and don’t want to go through the documentation hassle, you can continue trading with an LimeFx min deposit of less than $9,000.
A standard account allows you to trade stocks, options, mutual funds, ETFs, futures, forex, bonds, and CDs. There is no minimum to open a new account; however, regardless of any promotional offer, a $2,000 deposit is required to be considered for margin and certain options privileges. Some of the tradeable instruments on the platform include CFDs on indices, shares, forex, commodities, interest rates, bonds, options, and cryptocurrency. This can be traded on a variety of platforms, including Webtrader, TradingView, and MetaTrader 4. These include the standard account, MT4 account, professional account, and corporate account.
LimeFx is considered a safe broker as it is regulated by Financial Conduct Authority and ASIC. Market Order to execute a trade at the prevailing market price. Beyond that, there is always email contact which comes vias the address This is useful if perhaps your requirement for help is more detailed than the automated chat-bot can handle.