LimeFxFX Review 2024 Trade CFDs on MetaTrader and cTrader
🛡️Regulated and trusted by CySEC, MISA, and FSCA🛡️3158 new traders chose this broker in the last 90 days.🛡️Available for global Traders. Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot. They are fees necessary for trading, which users must pay before or during trading. Trade of cryptocurrencies is a high risk investment, not suitable for all investors.
How do I know I can trust these reviews about LimeFx?
Spreads on LimeFx can vary based on the account type and market conditions, with some accounts offering spreads as low as 0.0 pips. LimeFx offers customer support through various channels, including live chat, email, and phone. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users can always use the promo codes of LimeFxFx affiliates to receive bonuses or chat with the live support on their website to get the promo code. The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security. It has management systems that ensure that clients do not lose more than initially invested.
Deposit Methods And Fees
As LimeFxFX is regulated by CySec, the firm is authorized to offer its services to customers in EU member states. This is because European forex laws allow brokers that are licensed in a country within the EU to service clients anywhere within the European Union. The firm has expanded its reach successfully with its combination of low fees, responsive customer support, and advanced technology. Today, the firm serves customers across 100 countries, and has opened up around 300,000 accounts with an impressive daily volume of $4bn. This is quite a brave approach, and I see they have succeeded in achieving their goal.Indeed, only spreads are in the form of commissions on this platform.
- To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by LimeFxFX terms and conditions.
- Overall, I think they can be a good choice of broker for beginners or active traders who are looking for robust trading conditions in a regulated environment.
- When it comes to base currencies, these too are limited to the EUR and USD only.
- The Islamic Account offered by LimeFx is an award-winning solution to ensure that Muslim traders can benefit from medium- to long-term trading strategies without any issues.
Can I start trading immediately after making a deposit?
With this initiative, South African traders who make a deposit earn a 50% bonus on their deposit. This incentive can considerably enhance traders’ trading capital, allowing them to create larger positions or trade more freely. Yes, the broker is well-known for its competitive spreads, which make it a cost-effective https://limefx.biz/ option for traders. I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.
Copy Trading 🎛
There are also no swap fees on all major currency pairs and zero inactivity fees. Dear Akshay Kumar Pradhan, We sincerely apologise for the delay you’ve experienced with your deposit. We appreciate your patience and understanding during this time.If you have any further questions or concerns, please don’t hesitate to reach out to us at Kind regards, LimeFx Rep. LimeFxFX has achieved a solid position in the financial trading markets, executing an impressive 1+ billion trades from over 10 million live customer accounts. The founder and owner have ensured the brand has amassed a global reach, with trading services now spanning 185+ countries.
LimeFxFX MetaTrader 5 (MT
Evaluation includes researching the LimeFxFX management team, track record, and services. The broker has a minimum deposit of 480 NAD or an equivalent of $25 when you register a trading account. LimeFxFX’s customer support team is proficient in multiple languages to accommodate its diverse global clientele. Whether you prefer to communicate in English, Spanish, Portuguese, Indonesian, or other supported languages, their team is equipped to provide effective assistance. The broker’s customer support is available 24 hours a day, 7 days a week to help traders in any way that they can.
The custom-built LimeFxFx mobile trading app features a simple yet functional user interface. The respective app versions are downloadable from the Google Play Store or App Store for Android and iOS-based mobile phones. Offering 10+ market indices, LimeFxFx Index trading tries to set up clients for a new experience with an exposure to a broader market.
It is also highly customisable and can be adjusted to cater to suit the needs of different traders. Other benefits include Level II quotes, server trailing stop, 26 timeframes, cloud service, advanced chart trading and a FIX API for trading with direct market access. CTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). I would say this is the platform of choice for the professional trader. However, it is not available through many brokers so you could limit your options should you decide to switch brokers down the line.
The exact commission rates may vary, so it’s advisable to check their affiliate program details for the latest information. Customers with 60 or more referrals can earn up to $12 limefx official site for each lot that is traded in for partners. Customers can profit from the most advantageous trading conditions and programs, both of which are customizable at this level.
CTrader is quite sophisticated and allows access to a host of different features. For example, traders will get level 2 quotes in addition to access to the FIX API. While MT4 is the most popular out of the two platforms, the cTrader platform does offer more advanced features that are particularly suited to retail and institutional traders. CTrader platforms are more suited to the ECN platform, which basically lowers spreads to almost 0, not including the commission rate per trade. To delete your LimeFxFX trading account, you will need to get in touch with the customer support team.
Established as an online brokerage firm in 2011, LimeFxFX has built a reputation in the industry by making it easy for traders to access their platform with competitive spreads and robust security measures. LimeFx (previously LimeFxFX) can be summarised as a trustworthy and worthwhile broker with a solid trust score of 90 out of 99. To complete the account registration and to start trading, traders must submit proof of their identification and proof as a residence. Once the trader’s details have been confirmed, the account will be approved, and Nigerian traders can pay the minimum deposit of 41,500 Nigerian Naira to start trading. In terms of the customer support options at LimeFxFX, they offer 24 hour a day service 5 days of the week. You can reach them either through live chat, email, ticket support or a dedicated phone number.
LimeFx generally offers tight spreads on key currency pairs, favoring traders who use frequent trading or scalping tactics. LimeFxTrader offers tight spreads from 0.6 pips and 80 trading instruments, including currencies, metals, energies, indices, and cryptocurrencies. It is an optimal platform for inexperienced and seasoned traders seeking to refine their abilities and approaches before engaging in live trading. Utilizing the LimeFx Demo Account is crucial, regardless of your level of trading experience or desire to improve your strategies. LimeFx has a reasonably affordable brokerage, accepts any amount, and makes no deductions when depositing or withdrawing money. LimeFx offers its clients in South Africa an option to invest with Orinoco Capital Pty, an FSCA-regulated provider of financial services that acts as an intermediary.