This means less margin is required to place a trade, and it allows traders to trade index CFDs in a smaller size. The company has also recently launched commission-free trading on index CFDs, offering increasingly tight spreads. LimeFx was founded in 2003 as an educational center to teach technical analysis, meeting the demand for specialized knowledge that ensures efficient trading.
The broker has secured banking arrangements with major banks in Australia, the UK, and Cyprus. With the latest SSL implementation for both deposits and withdrawals, clients don’t need to worry about the safety of their funds. The broker is known for offering tighter spreads from 0.0 pips on major currency pairs like EUR/USD and USD/JPY. LimeFx was founded in 2003 as an educational centre of technical analysis in Egypt. In 2006, the company introduced Micro accounts and swap-free Shari’a compliant accounts.
One time, I thought there was a struggle with withdrawal, but the customer support managed to explain everything to me and tell me what I needed to do, and I got my money, so it wasn’t complicated at all. Also, there are no problems with educational content, and I highly recommend choosing this broker, it’s great for both professional and beginner traders. The wire transfer LimeFx deposit method is free for all entities.
TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come limefx official site with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.
Deposit and withdrawal options
Forex pairs aside, IG offers traders access to CFDs while LimeFx has 87 available CFDs, a difference of 19450. At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. In our analysis of 23 international regulators across 50 brokers, IG earned a higher Trust Score than LimeFx. In our analysis of 23 international regulators across 62 of the best forex brokers, IG is considered highly trusted, with an overall Trust Score of 99 out of 99.
- In this detailed review, we will take a look at the critical features of the platform and assess whether it is the right broker for you.
- I have been trading for more than 9 years now so I know that when choosing a broker what is more important for me is that it should be reliable and allow me to use any kind of trading system.
- For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker.
- In 2009, LimeFx developed its own bridge technology that provided retail traders with an access to the ECN market via the MetaTrader platform.
- We offer our customers attractive trading conditions, fast and error-free order execution and the industry’s most advanced and innovative technological solutions.
Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, https://limefx.biz/ LimeFx experience, risk tolerance and other factors. LimeFx also provides the opportunity to open a free LimeFx Demo account. This allows you to trade and experience the real market conditions, without the risk of losing real money as you operate with virtual money.
It is a member of a compensatory scheme that will come to pay up clients monies in case of liquidation. Minimum deposit is 100 units of your respective currency unit. I have been trading for more than 9 years now so I know that when choosing a broker what is more important for me is that it should be reliable and allow me to use any kind of trading system. Contact us directly for further inquiries about our products and services. As of now, US residents can’t open an account with this broker. You can open your account with the broker by going to their website and filling out the online registration form.
Therefore, we do our best to make it up to our clients by offering the reimbursement of deposit charges. This advanced trading platform comes with the following features. A license to operate in the united kingdom by its regulatory body, the financial conduct authority . Yes, they offer a wide range of educational content including an in-depth blog, market news and various tools to help you trade successfully.
Company and Service
You can trade a variety of shares, including those of major US companies such as Apple and Facebook. In addition to KYC, they’ve also implemented AML policies and procedures to protect their clients from fraud and money laundering. AML or Anti-Money Laundering is the process of preventing the illegal use of the financial system for criminal activities.
2 years later, in 2005, the Company`s management made a decision to open a brokerage center. That step provided traders from all over the world with trading conditions of the highest quality, with an excellent customer support and ongoing updates of the whole service. Being a popular multi-asset broker, the platform offers a wide variety of trading platforms for its clients. In addition, it has gained a lot of popularity among traders due to the MetaTrader 4 platform. Let’s look at all available trading platforms available at this broker. Com and I’ve not had any issue with my withdrawal, I was able to make £13000 in a week.
The company was established in New Zealand in 2005 and the over a decade stay in the forex business has granted it the expertise and necessary skills to wade through this business. With its resiliency, LimeFx has managed to become a global brand with a presence in many countries worldwide and still it is expanding. Its expansion has forced it to adapt to changes and now has integrated various languages into its website for use by its many clients of different cultures. 100% Deposit Bonus – Receive a 100% Bonus on Deposits (Max Bonus $5,000). The companies operating under the LimeFx brand are authorised and regulated by the Financial Conduct Authority , Cyprus Securities and Exchange Commission and the Australian Securities and LimeFxs Commission .
Is LimeFx good or bad?
Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case. Needs to review the security of your connection before proceeding. LimeFx consists of a group of companies, which through its subsidiaries is regulated in 3 jurisdictions. I am happy to have found a reliable broker with an FCA license. We wish you a happy new year and we would be honoured to welcome you among our clients again. “Minutes ago we received the response to our message from the payment partner about the requested compensation in the amount 9.85 EURO.
ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. LimeFx Markets Limited operates through LimeFx.com, is registered in Nevis under the company No. We fully understand that it creates both additional charges and inconveniences to our clients. Unfortunately in summer the internal procedures of our card processors have changed, which has led to double-conversion.
The company has used sponsorship to promote itself including, in 2011, LimeFx took participation in organizing and promoting the LimeFx Drift 2011 competition. LimeFx AU Pty Ltd, based in Perth, is licensed and regulated by the Australian Securities & LimeFxs Commission since July 2012. Platform is stable and withdrawal of funds is reasonably quick. This broker is trustworthy and i am trading with them with success. Since they give me an ECN trading environment my trading is profitable with them and i have earned profits.I trust this broker for all my Forex trading requirements. LimeFx has expanded its already massive offering of CFD products with the launch of 33 Exchange Traded Funds for a launch in 2022.
LimeFx broker review in a nutshell
The platform does not disclose the number of active clients, and the company is not publicly traded. They also offer cryptocurrency CFD trading in all jurisdictions, but it is only available for Pro clients at the UK entity. In 2021, LimeFx launched a trading platform TickTrader which allows to combine trading forex, stocks, indices, and commodities within one trading account. For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both IG and LimeFx offer MetaTrader 4 .IG and LimeFx both offer copy trading. In your case, we have also offered you a deposit bonus and a commission-free account as a sign of good will.
FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all lime fx such advisory services, past results are never a guarantee of future results. It is a regulated online broker offering forex and CFD trading on the popular MT4, MT5, and TickTrader platforms.
$10,000 Welcome Bonus – Join LimeFx and get a New Clients Bonus up to $10,000 – LimeFx
In segregated clients’ funds’ accounts, brokerages must hold clients’ money in a different account to the company’s operating funds. LimeFx UK Ltd is also a member of the Financial Services Compensation Scheme and LimeFx EU Ltd is a member of the Investor Compensation Fund (I.C.F). It offers trading in forex, indices, cryptocurrencies, commodities, shares, and ETFs. In addition, the company provides a demo account and multiple base currencies.
STP or Straight Through Processing account is designed for those who want to send client orders directly to the market without passing through a dealing desk. The account is commission-free, but you have to pay the spread on each trade. The overall fee structure of this broker is very competitive. The deposit and withdrawal fees are reasonable, and the swap fees are on par with the industry average.