LimeFx broker reviews: LimeFx Review 2023 Read All Its Features, Pros, and Cons

You can trade these without any hidden fees and charges via powerful trading platforms accessible on web, desktop, and mobile devices. This broker offers 3 account types for different types of traders. Opening a trading account is very easy and the trader needs to fill up a registration form that requires their name, phone number, email address, and strong password. After completing the details, the user needs to offer proof of Identity and also proof of their address for KYC verification.

For more information, you can read the in-depth LimeFx review from above. It is a licensed broker and you do not lose money while trading underlying asset with it. It is regulated by the New Zealand Financial Markets Authority.

LimeFx’s mobile app is also the MetaTrader 4 app, and it has versions for both Android and iOS devices. This gives clients the ability to trade on the go, which is not only very convenient, but is really expected these days. It comes with all the indicators and timeframes found in other versions, and it synchs with those other versions as well, so you won’t be missing any of your trading data. With the 30 indicators and wide array of built in tools it is possible to analyze thousands of market assets on charts that are customizable and allow for up to 9 different timeframes. The included technical indicators allow for detailed market analysis that aids in locating good trading ideas.

How to start trading with LimeFx?

To access the offerings, you have to create a client area log in by filling out a simple to complete account opening form. Once your LimeFx brokerage account is open, go to the client area to view your profile, to deposit/withdraw funds, download trading platforms, or connect with the client helpdesk. On the product front, the brokerage has covered all the major asset classes, with the LimeFx stocks and the cryptocurrencies range standing out. The cutting-edge MT4 platform with its variety of analytical tools and trading parameters enhances the trading experience. The trading terminal allows users to execute manual orders, automate strategies or copy trades of professionals.

To conclude, we can say that LimeFx is one of the best and popular trading platforms where it offers the Metatrader 4 trading platform for web, desktop, and mobile. This broker also provides a wide choice of educational resources through online courses, tutorials, ebooks, and several more. They provide a demo account for its traders; it also offers access to the earnings season calendar and an economic calendar, where the trader can benefit from the information. Moreover, the trader should do their research and analyze the trading market before proceeding with any type of trading.

LimeFx Customer support

It is regulated under the Financial Security of New Zealand, it is also licensed with ASIC, . These regulatory bodies have strict guidelines for their brokers and they should keep their client funds segregated and the funds should be used only for trading activities. This broker is authorized and they are safe to trade since it is highly secured. Metatrader 4 web version can be accessed from any browser and it does not require any installation or downloading.

On this page, traders need to answer some trading-related questions such as how much experience they have, are you an experienced trader or a newbie? These materials are available to you even before you become a registered client. If you decide to open an account with LimeFx, however, you’ll also gain access to webinars and technical support. Note that the content on this site should not be considered LimeFx advice. This site is not intended for use in jurisdictions in which the trading or LimeFxs described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your LimeFx may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.

Indices

LimeFx makes the most of a number of technological innovations in order to keep traders safe while using its platform. It has a system of strict firewalls in place, for example, while it also uses Secure Sockets Layer technology to protect transactions. As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio.

The cross-device trading, zero deposits, and exotic to major currency pairs give hope to all traders as they trades in the fluctuating market. Another point to keep in mind is that this is CFD trading, which are Contracts for Difference, and which are best-suited for day traders and those who execute short-term trades. What this means is that you are trading on contracts and not the actual stocks or cryptocurrencies. This means you do not own the asset (so no cryptocurrency wallets needed!). Furthermore, this platform has a suite of security measures put in place so that traders and their funds are protected from cyber-attacks.

Our experts aren’t the only ones to think so either, as LimeFx has won multiple awards, including Best Forex Broker in Australia 2020. The financial service provider is also licensed and regulated by both the New Zealand Financial Markets Authority and the Australian Securities and LimeFxs Commission. This shows that LimeFx is committed to offering a safe trading experience. LimeFx is the trading name of CTRL LimeFxs Limited, located in New Zealand. It is one of the most highly reputed forex brokers in the world. The company offers trading over 300 CFD assets and instruments like forex, shares, cryptocurrency, commodities, indices, and precious metals.

Card and e-wallet deposits are usually instant, whilst bank transfers can take between two to five business days, depending on your bank. LimeFx processes all withdrawal requests within three business days. If you want the fastest response possible, we recommend choosing live chat or phone support as you can get through to an agent within seconds. If you want more detailed answers, however, then it’s worth waiting for an email reply. It goes against our guidelines to offer incentives for reviews.

LimeFx Reviews

Maybe no support on the weekends is fine, but during the week there are markets trading at all times of the day. If a trader wants to speculate on forex during the North American session there should be support available if something goes wrong. Trading conditions offered by LimeFx are quite competitive, and there are several types of accounts available to provide flexibility and cater to client needs. On top of everything is an educational center that’s sure to help every level of trader, from beginner to pro. By registering with LimeFx, you’ll gain access to over 300 CFDs in six asset classes. You’ll also be able to trade with a generous amount of leverage, research tools, and a high-quality trading platform.

• The spreads start as low as 2.1 depending on the account type and the underlying asset.
• The company offers trading over 300 CFD assets and instruments like forex, shares, cryptocurrency, commodities, indices, and precious metals.
• During our LimeFx review, we also tested the broker’s customer support services.

The website, platform, and mobile app are really user-friendly and intuitive, customer support works impeccably and the process of withdrawals is quick and transparent. 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. Accounts usually differ in the way spreads or commissions are applied, what minimum deposit is needed to open that type of account, and certain services or advantages that account holders may get access to.

This includes 40 currency pairs, cryptocurrencies, and stocks and shares. However, to process the application, you must provide your private details, trading account info, withdrawal amount and the payment method. In the case of withdrawal requests for joint accounts, all the account holders should sign-off for processing the payout. Once the application is approved, LimeFx takes seven days to process withdrawals.

Labeled Silver, Gold, and Platinum, these accounts are specially designed to suit the needs of novice, advanced, and professional traders, respectively. These accounts differ from each other in terms of the number of tradable assets, leverage ratio, swap discounts, hedging facility, and more. Visit 79 % of retail investor accounts lose money when trading CFDs with this provider.

It also comes with two top-tier licenses and fair trading conditions. The variety of account types and payment methods also make the broker convenient for all skill-levels and budgets. HF Trading offers the MT4, WebTrader and Mobile forex trading top platform. LimeFx.com offers over 45 forex currency pairs, cfds, commodities, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal LimeFx and trading options. LimeFx is a well-rounded online trading platform that offers the best trading experience. It presents itself as an ideal platform for novice and experienced traders alike.

How do I log into my ING account?

LimeFx certainly does redeem itself when it comes to customer service, however, and has taken clear steps to ensure that customers can get in touch if they have a problem. As is increasingly becoming standard practice, the broker offers many different ways to get in touch. A messaging service, or live chat function, is open for customers to use, while those who wish to call the broker to speak in person can do so by calling a number based in Australia. If the latter option is preferred, customers can call from Monday to Friday, but the lines are only staffed between 2am and 1pm in the GMT timezone. Included in their service, is theMT4platform, an award-winning, powerful, and sophisticated trading platform. It comes with manytrading toolsthat is used by traders from all corners of the globe..

The account you choose can have a dramatic effect on the spreads you can enjoy – and in general, the higher the level of account, the tighter the spread will be. A trader who opts for a Platinum account, which is the highest-level account coming with lots of additional benefits such limefx as the option for hedging, can see spreads of 0.03. The mid-level option, which is a Gold account, offers traders spreads of 0.05 in some cases. However, holders of a Silver account, which is the lowest level in the hierarchy, can see much higher spreads – even 1.8 in some cases.

Formerly called MahiFX the firm was renamed LimeFx in late 2019. Currently, the brand name of CTRL LimeFxs Limited, LimeFx is a multi-asset online retail forex CFD broker headquartered in New Zealand with a registered office in Australia. The forex CFD broker has an Australian Financial Services Licence , allowing it to offer dealing and execution services in FX and derivative CFD products in those countries. https://limefx.group/ LimeFx is a forex and CFD trading brokerage company operating in Australia and New Zealand. Unlike most other brokers based in these countries, LimeFx accepts only local residents of Australia and New Zealand as clients in order to avoid problems with foreign financial regulators. LimeFx is a brand name of CTRL LimeFxs limited and this company has its offices in New Zealand as well as in Australia.

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. limefx courses scam Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference.

Our trading experts rank these as the best broker out there right now. Overall, our tested reviewing methodology proves that LimeFx is the better broker in a range of key areas. You can learn more by reading our Eightcap and LimeFx reviews. This shows that Eightcap is the better option for low-cost forex trading. Speaking of customer care, it is time to look at what you can get in terms of care when working with this company. The company is licensed and regulated by the New Zealand Financial Markets Authority and the Australian Securities and LimeFx Commission.