The variety is quite large, exotic commodities like orange juice are available with the MetaTrader 5. With so many online brokers to choose from, how can you decide which one to work with? There are a number of ways to make this decision, including looking at the broker’s track record, regulatory status and also reputation. We are proud to say that most of the feedback we get is extremely positive.
Traders must verify their account to be eligible for withdrawals. The broker offers both fixed and variable spreads depending on the specific market being traded. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice.
LimeFX South Africa
I use them myself and have always been happy with everything from funding my account, customer support to an enjoyable trading experience with any hassle. The service, combined with a deep understanding of the financial markets, allow traders to enter the markets with confidence. AvaOptions includes professional risk management tools, portfolio simulations, and much more.
- The software offers to have flexible control over all orders you chose.
- Another option is to create another demo account after your initial one has expired.
- Professional accounts are acquired through an application if traders qualify the requirements of professional accounts.
- This team is available 24X5 over the phone support, live chat, and email.
- Forex brokers tend to lure new traders with offers of attractive deposit bonuses.
She was not pushing for a must start now and explained before trading the steps to take. LimeFX offers a fair trading environment for all types of traders. When traders use margin leveraged accounts, they should maintain a sufficient level of margin to sustain their positions, since trading Forex/CFD and Options on margin carries a high level of risk. The LimeFX education section offers earning opportunities through a demo account, platform tutorial videos, general educational videos, and quality educational articles. Potential traders need to be assured that the broker company they choose can offer the necessary support and help whenever they may need it. LimeFX has partnered with huge liquidity providers to guarantee that traders will always be able to trade their preferred financial assets with competitive spreads.
Once you provided the details of your real accounts, your questions were addressed accordingly by our team. I had a great time with LimeFX, I have been using it for a year and a half with great satisfaction. I recently met Angelo Terracina who has always been able to help me in the best possible way, I was very lucky to come into contact with him. At first it was difficult for me to understand all the nuances, but then I adapted. It’s very easy to open an account and the customer service is very useful and is ready to help you around the clock.
Traders can open a live trading account with a minimum deposit of $\£\€100 by credit card deposit and $/£/€500 by wire transfer. LimeFX typically processes withdrawals within 1 to 2 business days after they are approved. However, the broker notes that processing and receiving your funds may take up to 10 business days. LimeFX is regulated by several well-respected international regulatory bodies.
After one hour i contacted ava cs apac, they asked for some details of the transaction and i added and replied (ticket #797289), then cs gone. After another couple hours, i contacted ava hq (ticket #797940) and she advised me to wait a bit longer. Another hours after, ava cs apac came back again and asked me the exact same information that already replied.
Trading with Alev Nazli
To further support its customers’ activity, LimeFX also provides functional tools like an Economic Calendar and Trading Calculator. Order types – a detailed presentation of orders you can use in your trading activity, including market orders, pending orders, one cancels the other orders, take profit and stop-loss orders. Blog – LimeFX has an updated and insightful blog created by its team of financial experts. The blog is updated daily with articles that detail the current situation of the market, fundamental analysis on various instruments, special reports, etc. Forex Trading – includes sections explaining what is Forex, what are Vanilla options and all the currency pairs proposed EUR/USD, USD/JPY, GBP/USD, etc.
- Its user-friendly interface makes it easy to build and manage a trading portfolio based on your personal preferences, whilst gaining valuable insights on successful trading strategies.
- It is going to also aid the dealers to grab any opportunities.
- LimeFX is one of the largest online forex brokerage firms in the world and has been a forex broker since 2006.
- Amongst the unique trading features within the LimeFXGO platform, you can see your trades at a glance, create your own watch lists, and view live prices and charts.
All of the below bodies provide protection over clients’ funds by ensuring they are kept in separate bank accounts. Any processing fees from your bank will have to be incurred by you. LimeFX specifies on its official website that you are able to trade real time stocks in a demo https://limefx.name/ account. When you transfer money in your trading account by the bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this particular operation. The first kind of charges to keep an eye out for are trading charges.
With LimeFX you are given the option of opening a demo account which takes just a few clicks to set up. LimeFX does not provide clear information on their website about different account types on offer. A potential trader will need to hunt for information and pull together the different types of account from the various sections on the website. LimeFX provides retail clients with their services worldwide, with the notable exception of the United States and jurisdictions where trading is not permitted. Spread betting is a specific trading method used in Irish and U.K. Spread betting is a very popular way of investing in the markets, but is high-risk, high-reward.
However, it’s not customizable; for example, you can’t change the size and layout of the various sections. To get a better understanding of these terms, read this overview of order types. There is also a Good ’til time order time limit you can use to set an exact date and time for the expiry of an order. A two-step login procedure would provide an added layer of security. You can only withdraw money to accounts that are in your name.
To help you make better and accurate decisions all your trading instruments are connected to show you insights, what other traders buy & sell , trading behaviours, and visuals with up-to-date info. LimeFX is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. The LimeFX withdrawal options are similar to the deposit options, but you can withdraw funds only to the account used to deposit funds.
It has huge profit potential, but you may also lose all your invested funds. That’s why it’s always better to learn the basics first, use a demo account for training and get used to trading financial instruments. Demo accounts are free and you can learn without risking your capital. As many LimeFX reviews state, making money when trading CFDs are complex instruments and come with the high level of risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider.
- The content on this website is provided for informational purposes only and isn’t intended to constitute professional financial advice.
- The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades.
- MetaTrader 4 is free to download for desktop or mobile whilst it can also run directly in your web browser without needing to download or install any additional software.
- In my experience, it does take some trial and error to find a good trader to copy signals from and that’s why I would always try them out on a demo account to begin with.
- As many LimeFX reviews state, making money when trading CFDs are complex instruments and come with the high level of risk of losing money rapidly due to leverage.
- Based on our findings, LimeFX’s trading fees are competitive and within the industry average.
LimeFX obtains spreads data from reputable third-party sources, which in turn obtain the data from exchange feeds. The website and platform are available in 24 different languages, including Dutch, English, Finnish, French, Italian, German, Korean, Spanish, Portuguese, Arabic, Russian, Chinese, Swedish, and Turkish. limefx scam The firm also offers spreadbetting to residents of the United Kingdom and Ireland. It’s a trading technique which isn’t permitted on the broker’s platform. You must consult with LimeFX’s provisions and conditions to see more about its policies. LimeFX is a globally recognised broker with 200,000+ customers.
However, those of you who want to trade stocks and have as many professional tools at your disposal as possible, you may prefer the more advanced MT5 platform. You can trade on the move using the intuitive LimeFXGO app that has a user-friendly dashboard and advanced features for fast and easy online trading from anywhere in the world. You can connect to global markets with live feeds and social trends to discover new trading opportunities on this intuitive mobile trading app. The broker offers customer service in 14 different languages and is available on call 24×7.
Is LimeFX regulated?
There are four different LimeFX trading platforms available to traders. The first option is a proprietary WebTrader app, which contains several innovative functionalities that made us want to switch our entire trading operation over to the LimeFX platform. The next set of platforms is the third-party MetaTrader terminals offered in both the MT4 and MT5 versions. Finally, there is a dedicated options trading platform, AvaOptions, which allows traders to indulge in FX spot options trading with over 40 different financial instruments. One prime advantage of opening an LimeFX account is the ability to indulge in social trading. The company does appear to have one of the best social trading platforms in the market, particularly due to its partnership with various third-party social trading services.
He knows what to look for through years of trading himself with different brokers and listening to the feedback of others. Accounts can be opened in a decent variety of currencies including USD, GBP, EUR and JPY. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. LimeFX have worked hard to create streamlined and advanced processes to ensure that all withdrawals and deposits from traders are handled as quickly as possible, within a safe and secure environment.
LimeFX is a Forex broker that offers a wide range of platforms, markets and support. Established in 2006, they have grown their global customer base to nearly a quarter of a million clients. As a trusted multinational Forex broker, they are regulated by numerous regulatory bodies, even boasting regulation from institutions as large as the Central Bank of Ireland. LimeFX offers several trading tools that span from risk management to market news. It is essentially a risk management tool that learns from your past actions and provides feedback to help you become a better trader.
LimeFX is a forex broker established in 2006 with offices located across 5 continents and licensed by ASIC, FSA, and other regulators. We thank you for taking the time to share your great experience, we are very pleased to hear this is how you feel. Some of these people have a real account with LimeFX too, like myself.
Standard account can be opened with as little as $100 using debit card and credit card. Irrespective of the trading platform chosen by the user, both are highly effective. The software used will not overload the systems, and thus it is made for immediate execution and fast trading. These are the most important aspects which are to be considered when a user is trading in volatile markets that are fast-paced. A powerful combination of leading trading technologies and analytical technologies, which allows to implement some of the most complicated strategies (e.g, Donchian Channel).
Mobile trading platform
LimeFX is dedicated to empowering its traders to invest and trade with confidence. Knowledge and education are prominent aspects of this commitment. The broker provides you with a wide range of free educational materials, trading tools and copy trading platforms via DupliTrade and ZuluTrade.
Traders can open accounts denominated in USD, EUR, GBP, and AUD. AUD is only available for Australian clients, while GBP is only available for clients from the UK. Today the firm serves over 300,000 clients who place over 2 million trades every month. LimeFX reports trading volumes of over $70 billion per month.