Withdrawals from LimeFx can be made using MPesa, wire transfers, as well as eWallets such as Skrill and Neteller. With the exception of wire transfers, withdrawals often take place within a few hours. If you are still looking for an alternative, we would like to introduce you to the best options available on the market. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations.
- There are more important factors, including the firm’s trading conditions, tools and safety rating.
- FxPro also have the cTrader platform if you want to check them out.
- The only charge to be aware of for casual investors is the $5 monthly inactivity fee that applies after 90 days.
- Many traders fear additional funding and would like to act without them.
- Once you have chosen LimeFx, you can open a real money account.
- These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers.
Whether it’s Stock CFDs, Forex, or CFDs on Energies, it offers an extensive range of instruments, assuring an immersive trading experience. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.
Global Reach and Diverse Offerings
The texts on this page are not are not investment recommendations. While LimeFx is not a no spread forex broker, it maintains spreads that are competitive and within the industry’s fair range, with the default spreads set to variable and the EUR/USD having an average of 1.9 pips. LimeFx Group elevates the trading experience by offering a diverse range of trading instruments through its robust and regulated entities. The varied product offerings, educational resources, and sophisticated trading platforms underscore LimeFx’s commitment to creating an equitable and efficient trading environment. Please refer to the official LimeFx website for further details on the products, services, and features available across different LimeFx entities. The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities.
- Previous incentives, available to global clients, have included a $30 no-deposit bonus.
- The web trading platform is available in several languages.
- You can dive deep into topics ranging from an introduction to financial markets through money management and trading strategies to technical analysis.
- From our experience with LimeFx, you are with a very secure broker who treats client funds with the highest confidence.
Our team also didn’t uncover reports of major scams or safety issues during their research. There is also a help center with useful information on common problems, including withdrawal issues, account validation queries, and software download problems. Based on our tests, the live chat is the quickest and most convenient way to get help. We can normally get through within a few minutes and customer service agents are helpful.
Be careful with forex and CFD trading, as the preset leverage levels may be high. The mobile trading platform is available in several languages. With Islamic accounts, a flat commission is charged if you hold your leveraged position overnight instead of the percentage-based financing rates.LimeFx doesn’t offer corporate accounts. If you sign up for a non-European entity, you will not be eligible for European client protection measures.
It has an additional 1000 CFDs on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage. If you want as many trading instruments at your disposal, then you should probably opt for MT5.
LimeFx is one of the better brokers we have tested for day traders. We recommend the Zero account and the MetaTrader 5 platform for day trading. The Zero account offers spreads from 0.0 pips with a $5 minimum deposit while MT5 offers fast processing and powerful trading tools. In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5. LimeFx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second.
The brand is comprised of a group of online trading entities, with regulatory oversight from the likes of the CySEC, ASIC, and DFSA. The two features we found particularly useful during our review, were the Discover and Trade Ideas. These offer useful market sentiment data and insights to help inform the decision-making process. Previous incentives, available to global clients, have included a $30 no-deposit bonus. Here, profits generated using the credit could be withdrawn once the account volume reaches 10 micro lots and 5 round turn trades have been completed. Overall, the mobile application works well for trading on the go, with one-tap trading functionality, access to the broker’s full suite of 1,000+ instruments and interactive charting.
LimeFx Group Review
If you have a complex query, our tip is to skip the bot assistant by typing ‘human’. Our LimeFx review uncovered an average selection of extra trading tools. Trade hundreds of shares in major markets, including the US, UK, Europe and Asia. Commissions are as low as $1 per transaction while fractional shares reduce the entry barrier for https://limefx.club/ beginners. Answers are quick, and their relevancy is mostly OK.Live chat is quick to respond to the first message but gets a bit slower with subsequent questions. We found that sometimes we had to ask the same question multiple times to get a straight answer.LimeFx phone support was fast, but we didn’t always receive relevant answers.
Forex Trading via a Broker
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. LimeFx can hold its own in comparison to other brokers and gets a very good rating from me on this page. With several licenses and regulations, the company exudes a high level of security and trustworthiness.
Well, in my opinion, 24/5 support is enough as long as they don’t provide cryptocurrencies trading (which is the only market opened 24/7). The main difference between MT4 & MT5 is that MT4 does not offer trading on stock CFDs and MT5 has slightly more features and functionalities in comparison. However, if you just want to follow price activity whilst placing and managing trades with ease, then MT4 should be fine. On the other hand, if you want to build more complex trading strategy templates, then you may prefer the extra indicators, timeframes and tools that are included with MT5.
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. If you are new to trading then you should find these useful. Those of you with some experience will probably not find anything new here. In saying that, there are some unique trading strategies that I found inspiring and learnt some new things to implement into my own trading. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
LimeFx Group accepts clients from all over the world, excluding the USA, Canada, Israel, and Iran. If you are from one of the restricted countries, feel free to limefx forex brokers reviews look for an alternative broker on our compare brokers page. The brokerage has offices in multiple countries, including headquarters in Limassol, Cyprus.