It offers several tools for intermediate traders for buying and selling. Besides, it also offers experienced traders several concepts like advanced technical tool analysis and in-depth books which allows the beginners and the experienced traders to trade with confidence. This broker offers an economic calendar that shows the detailed trading conditions and forecast about various trading instruments. The trader can also access the Yahoo finance earning report calendar, which is followed by other brokers as well.
The LimeFx platform user interface is very comprehensive, which presents the traders with the required information about the market movements and offers the traders to make data-driven decisions. To be on the safer side, the minimum withdrawal amount starts from 100 AUD, where there are no fees applied. As per review, LimeFx is a brand name of CTRL LimeFxs; the LimeFx account opening process is very simple and straightforward. For registering on this platform, the trader needs to visit the website LimeFx.com, and they need to click register. The LimeFx platform can be accessed from macOS, Windows, and several other browsers.
Professional Customer Support:
LimeFx offers tighter spreads to its clients, with the minimum spreads starting from 1.8 pips. Spreads are the difference between the bid and ask price for any trading instrument. Moreover, it helps traders in deciding the cost of opening and closing positions.
LimeFx has a tidy page where you can find all the info you need regarding customer support. Another excellent function is that you can employ contacting the management, https://limefx.name/ which most brokers try to avoid. Currencies and currency pairs – Currencies and their pairs are a must for many traders, and LimeFx made sure to make them available.
With a minimum deposit of $250, the traders are entitled to make a withdrawal after making a withdrawal request on the client portal area. The broker asks for specific details like the trading account details personal details, and the method via which the customer prefers to pay. The traders have an option to pay via Neteller, Skrill and a lot more different options to pay from. The financial service provider offers trading via three different trading accounts and on more than 350 tradable assets. Apart from forex, the tradable asset catalogue is also garnished by cryptocurrencies, indices, stocks, futures and a lot more.
The good news is that clients with Gold and Platinum Accounts are eligible for a 25% and 50% discount on the swap charges correspondingly. Secondly, if the trading account is inactive for more than 60 days, be prepared to pay an inactivity fee, ranging from A$ per month, depending on how long the account has been inactive. LimeFx could also charge clients a withdrawal fee of A$50 if the trading activity is low or the withdrawal amount is less than A$100. Digital currencies – The broker didn’t hesitate to jump into the latest online trading trends with cryptocurrencies. They offer some of the most popular coins, BTC, ETH, and LTC, for example, but also offer cryptocurrency/currency pairs, which isn’t that common. The trading products they offer are numerous, which allows for greater variety.
Before being sold-off, MahiFX, founded by David and Susan Cooney in 2010, was a well-renowned CFD brokerage in New Zealand and Australia. The multi-regulated, multi-asset broker was supervised by the Financial Conduct Authority , the Australian Securities and LimeFxs Commission , and the New Zealand Financial Markets Authority . Following our extensive Review of LimeFx, we are delighted to tell our readers that the CFD broker is legitimate, and it is safe to invest your funds.
LimeFx Awards and Recognition
Traders need to deposit initial changes at the time of the account opening process. The deposition can occur through Credit/Debit Card, MasterCard, Maestro, bank transfer, or via e-wallets such as Skrill, Neteller, V-pay. A demo account option is one of the best scammed by limefx features of LimeFx. With the help of a simulation, traders can sharpen their trading skills and strategies. In addition, a free demo trading account is the best place for testing new strategies, whether they will work for you on live trading accounts or not.
Additionally, it lends its powerful analytical tools to aid its users in making precise predictions. Although LimeFx is a new firm, it has managed to beat even some of the largest online brokers in the sheer volume of trading instruments. With over 750 to pick from, they are near-certain to satisfy the wishes of any customer. With the plethora of scam brokers coming out and trying to steal from their customers for a quick profit, many are rightfully cautious around newer brokers. We are happy to tell you that LimeFx, however, isn’t one of those.
The customer support team of LimeFx can be via Telephone, Live Chat, and Email. In the case of Muslim customers, special Islamic accounts, that is swap-free accounts, are offered that mirror the other account types, but which operate by Shariah law. A forex account is a trading account held by a trader with a company like LimeFx, that is issued with the primary purpose of trading through its platforms.
- The broker has a strict no-no policy for commissioned based trades.
- For now, only residents of Australia and New Zealand can open an LimeFx brokerage account, so if you don’t reside in either of those countries, you will have to look for another broker.
- The Gold Accounts are for traders who better understand LimeFxs and put their funds in the market.
- LimeFx has a mobile application for providing non-stop access to trading.
- The trader must install the application of LimeFx on the phone through the play store or app store as it works with both android and apple.
It can also be accessed from Android and Apple devices, offers the Metatrader 4 platform for easy trading for the benefit of its traders. Also, it provides educational information for a better understanding of the trading process. Some of the information includes video-on-demand, ebooks, webinars, online tutorials, and trading courses. It also offers Metatrader 4, where the trader can trade from web, mobile, and PC. The trading articles, e-books, tutorials, videos, educational webinars, Forex courses and much more help the traders understand and know the Forex trading in depth.
All the transactions occur in between three business days which is much faster than any other broker out there. 72 hours is the bare minimum when it comes to transaction time. The design of the website and the placing of functionalities are just right with LimeFx. No space on the screen looks like it has been shoved with things that the trader would feel trapped in. The user interface is designed with the upper extremities of professionalism the user experience is smooth, probably smoother than a one plus cell phone.
The broker has its business expanded over 300 tradable assets via CFDs. Each asset belongs to a different class and each class comprises over a billion money-making opportunities. scammed by limefx The broker offers to trade in forex, the epitome of trading in terms of dollars traded each month. The forex market is responsible for more than six trillion USD traded each day.
He has an inside knowledge of how the financial markets work, thanks to roles including trader on a $750m Event-Arbitrage desk and CRO and COO of hedge funds running a variety of strategies. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. With various methods to deposit and withdraw the funds, a trader can decide as per their choice. It has bank wire transfers, credit and debit cards, and e-wallets to make the payments. The accounts of LimeFx have different features, and this calls for various minimum deposits.
Lastly, there’s a mobile app that you can get from the Google Play and Apple App stores. The mobile application lets you fully utilize MT4, as it has the full functionality of the web platform. The apparent bonus, however, is that you can trade on the go , as long as you have an internet connection. The latest LimeFx review suggests that the company operates illegally and without a proper financial regulatory license.
Minimum deposits of LimeFx accounts?
For such a new broker, it is truly a wonder how much they’ve accomplished in the short time frame that they’ve been operating. We are very excited to see how the company will grow and hope that someday they’ll expand its services to cover more of the globe. Spot shares – HFTraing offers shares from the world’s premier companies, such as Netflix or Apple. Many people trust that they can predict how stocks will move and prefer trading with them due to that.
If a trader wants to diversify their portfolio, there’s no better place than HFTraing. Assets and instruments here let you express yourself as a trader. In addition, the forex broker allows freedom to trade in different markets and on various products. It offers tailor-made services and trading tools that serve the purpose of all users. Thus, the added opportunities reap the rewards in massive forms.
The reputation and security score LimeFx nets are flawless. They just seem to have done all the right things from providing a clean, quality service, to using security software as well as acquiring a license by a top-quality regulator. But that’s not all either; they also have online courses for those that prefer to consume knowledge that way.