0 Comments August 25, 2021

Is LimeFx Scam or Trustworthy Broker 2023 LimeFx Review ️

LimeFx is currently owned by the reputable Jefferies Group, formerly known as Leucadia National Corporation. The brokerage is regulated by multiple regulatory bodies to include the Financial Conduct Authority (FCA) and the  Australian Securities & Investment Commission (ASIC). The attention to detail and the focus on offering a quality product has seen the firm collect many industry awards over recent years.

  • A Trader has to deposit a minimum of $50 USD to earn a deposit of up to $300 USD.
  • There is a Newsfeed function, but the platform is above all else set up for on-the-move execution.
  • Simply put, with leverage your purchasing power increases, as you are only required to deposit a percentage of the investment’s total margin to open positions.
  • All the methods of deposit listed above can be used to withdraw winnings on the How to withdrawal platform through the dashboard.

For example, the EURUSD spread was 0.2 in Q in the Active Trader account, compared to 1.3 for the Standard account. The broker does not charge any fees for account maintenance, deposit, or limefx website credit/debit card withdrawal. However, there is an inactivity fee and bank withdrawal fees apply. The bank withdrawal fees depend on the currency and where your bank account is located.

Bonus Offer for Forextraders Visitors

LimeFx also offer clients a step-by-step guide of how to move funds. This is a nice touch as there can often be issues which crop up. The ease of processing stems from clients only needing to confirm country of residence and complete the online application. Each https://limefx.vip/ of the four platforms are well regarded in the trading community and each dove tails well with the other. Reflecting the brokers global client base the markets offered by LimeFx cover the world’s major markets and indeed many boutique-style markets as well.

  • A withdrawal request can be submitted online by selecting your withdrawal method and clicking “Submit”.
  • In doing so, we often feature products or services from our partners.
  • Also, the company is part of a company listed on the Stock Exchange as discussed before.
  • Trading carries a high level of risk and may not be suitable for all investors.
  • If you are a good trade you even can get copied by other traders.

If there is anything more for which you may require our assistance, don’t hesitate to contact us. We tested it and collected the options and costs in How to withdraw money on LimeFx. Check out the current account balance requirements at LimeFx in our What is the minimum account balance at LimeFx article. You can search by typing in the name of the product, while there is also a categorized breakdown, for e.g. major currency pairs. You can set alerts and notifications on the LimeFx mobile platform. Nevertheless, it is difficult to find the search option as the ‘Settings’ menu is not at all an obvious location for it – but that’s where it is.

How to deposit on LimeFx:

Lastly, the trading platforms don’t offer safer two-step authentication. BrokerChooser gave LimeFx a 4.4/5 rating based on analyzing 500+ criteria and testing via opening a live account. Powered by ZuluTrade, a leading social trading platforms, LimeFx gives you direct access to view and copy the trading strategies of others. You can join the thousands of people who now trade in this hassle-free way with this broker.

When trading is more than a hobby, treat yourself to our very best. Active Trader benefits include dedicated support, premium services and custom solutions. LimeFx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from LimeFx traders and trading data accrued from over 10 years to meet the needs of their clients.

Please note that we have different specialized departments to handle various matters, and this is why you were directed to the relevant department in your case Accountinfo. As I am checking your case I can see that we have been actively reaching out to you through email, requesting your cooperation in sending additional documents to support your account. Since your old account cannot be reverted, we welcome you to apply for a new account.

The trading fees are always depending on the trading instrument and financial product. All the methods of deposit listed above can be used to withdraw winnings on the How to withdrawal platform through the dashboard. The process and duration of withdrawal depend on the method of payment you have selected. Note that if a request is made for credit/debit card withdrawals, you are only permitted to remove the whole amount initially deposited into that account. Withdrawal of a more considerable sum can be made through bank transfers or any other alternative means.

Best Forex Brokers in Germany

I also feel they may be slightly overwhelming for beginners who may prefer the simplicity of what Trading 212 have to offer in comparison. LimeFx also offers tight spreads, for example, the typical spread for the EUR/USD pair is 1.3 pips. As well as low spreads LimeFx also supports a range of trading platforms such as its flagship Trading Station platform which is compatible with desktop, web, and mobile trading apps. Additionally, you can access the top-rated and popular MetaTrader 4 platform and the advanced functionality of automated robo-advisors otherwise referred to as Expert Advisors. CFDs are complex instruments and come with leverage, which means there’s a high risk of losing money rapidly due to leverage.

This platform is a worthy alternative to Trade Station and MetaTrader. LimeFx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.

LimeFx Standard Account (Available To All Clients)

There are no push notifications and real-time alerts on the Android version, which are available on most other great mobile trading apps. Trading Station desktop (not to be confused with TradeStation) is LimeFx’s main platform. It provides a good trading experience for all kinds of investors, be it beginners or advanced traders.

A Trader has to deposit a minimum of $50 USD to earn a deposit of up to $300 USD. When it comes to payment options, eToro supports an array of deposit methods such as via debit cards and credit cards, Neteller, PayPal, and more. Should LimeFx go into liquidation, segregated client funds cannot be used to compensate shareholders.

The broker offers its clients innovative trading tools, proprietary data and premium educational resources. LimeFx’s account opening process is straightforward, easy and fast. It has great technical research tools, including many technical indicators. On the negative side, LimeFx provides only CFDs (forex, indices, commodities, cryptos and shares), thus popular asset classes like real stocks or ETFs are missing.

LimeFx Fees, Spreads, and Commission

Founded in 2003, NinjaTrader offers software and brokerage services for active traders. With a funded account, the NinjaTrader platform is free to use for charting, market analysis, and live trading. This is a sophisticated trading platform for trading forex and CFDs. The latest version of NinjaTrader features include complex trading tools so that you can conduct in-depth market analysis of all your favourite instruments. It offers an intuitive interface with real-time quotes, charts, and professional analytics.

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