LimeFX Review 2022 Detailed Information about LimeFX Forex Broker

In my opinion, the structure of the LimeFX bonus program is awesome. I received a welcome deposit bonus and increased my possibilities for trading. After some time, I calculated the amount of money that I was able to save on broker’s commissions after I received XPoints, and came to a conclusion that the profitability of my performance jumped. So it’s good to trade with a broker that understands the needs of a trader. To see the Spread value for each product please refer to the table below that gives you a reference on a price model, however, check the most accurate data on the official LimeFX website or platform.

The process to open an account can be started from links on the company homepage. First, choose the right website for your country of residence. Click on the register link and complete the online application form. LimeFX is an established forex broker company in Australia. Forex and CFDs are leveraged products and can result in losses that exceed your deposits.

  • We would recommend trying out the LimeFX demo account trading to get yourself familiar with the broker’s platform and trading products.
  • You can contact customer support agents during market hours.
  • The broker is also regulated by other international bodies like South Africa, IFSC and ASIC in Australia.
  • For beginners, they get an opportunity to learn through the educational programmes put in place.

While LimeFX attempts to offer education, it does not appear genuine, and new traders will find a more comprehensive solution, free of charge, elsewhere. LimeFX requires registration to access most lessons, which is acceptable as long as traders do not have to commit to a minimum deposit for educational resources. limefx scammers To open a premium account, the trader is required to make a minimum initial deposit of $1000. The account is available for desktop and mobile traders and comes with a demo account. The premium account also has access to an online calendar and market reviews with one on one training offered on the platform.

Trade Forex Trading

It is a flexible trading platform that also offers the traders an opportunity with Expert Advisors . Basically, what you find is easy and fast deposit and withdrawal, education, daily analyses, a lot of assets to trade on a swiftly working platform. The spreads, and overnight swap fees are, even on commodities, are lower relative to industry, nothing extra or hidden. Any questions I had, I took up with the customer support, and they have been nothing but a delight.

LimeFX provides investors with mainstream and tradable financial instruments in the global financial markets, including CFDs, indices, commodities, foreign exchange, stocks, ETFs, bonds, etc. This service helps beginners to learn how to trade without risk of losing deposit. And experienced traders can test on demo account new trading ideas also without risking to lose money. LimeFX lists an extensive selection of payment options, but most countries remain limited to bank wires and credit/debit cards. The logos of a series of online payment processors exist on the website, but no further information is available. No country on the payment selection page shows them as a choice.

Once you’ve found your way around trading in the virtual world it’ll be time to sign up for a real money account. And while some may find it disappointing there is only one type of account, we found using it an enjoyable and easy experience. The minimum deposit for a live account is only $100, which is perfect for the beginner.

Although, I appreciate that there are numerous deposit options available, making it convenient for clients from all over the world. Right after joining this broker, checked out video tutorials, which are proposed here. Wanna note that traders should start from the very beginning, even if you have experience in trading.

Leverage

Our mission has always been to help people make the most informed decisions about how, when, and where to trade and invest. LimeFX Forex broker is a credible company that offers its CFD trading products as a real FX alternative. Professional traders usually prefer direct market access trading that gives them direct access to interbank liquidity providers, but CFD trading can be more suitable for smaller retail trader. LimeFX has an excellent regulatory status that is backed by more than six years of professional experience in the retail Forex trading industry.

For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. Whilst there are many brokers that lack innovation, LimeFX shows an absolutely new way to trade the markets. The company was founded in 2010 and it has grown tremendously since then.

LimeFX forex brokers reviews

LimeFX offers clients the LimeFX Pro proprietary platform. This platform is web-based, but there are mobile versions available (as you’ll see in the next section, LimeFX is big on mobile trading). Many LimeFX reviews rate educational facilities quite positively.

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TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Trading platform used for trading can work in demo account mode. It functions immediately after registration of trading accounts and deposits.

  • You see, I am a fan of the Forex market and it is interesting to trade with different brokers.
  • This means that your money is separated from the firm’s.
  • This is a place where your account and funds will be safe and sound, so no worries with that.
  • Develop your trading skills and strategies with our professional trading tools, education resources, and daily markets review.

In addition to all this, LimeFX has several bonuses and promotions that might be interesting for traders. Demo account helps traders study trading and test new trading ideas or strategies. Sometimes I come across new trading strategy on net and test it on demo account. Demo trading allows testing strategy in real environment without any risk to deposit. After demo testing, I make decision about new strategy. LimeFX provides 24/5 customer service via phone, e-mail, and live chat.

Deposit and withdrawal

It would probably include the currencies of all the countries that can trade with LimeFX, such as AUD, USD, EUR, GBP, ZAR, and others. The demo account will only be funded within seven days after registration and it does not expire. Finding a reputable LimeFX review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. At XTB we work hard to enhance your trading experience.

Lastly, XTB provides a forex heatmap that shows all currencies’ changes. Technical indicators, which is about average when compared to other brokers. However, you can https://limefx.vip/ only find limited equity fundamental data, such as the P/E ratio or the debt-to-equity ratio. However, you can’t access financial statements or operational metrics.

The process is quick and effective meaning that the support is excellent. I have started a demo account and I am excited to explore other services the broker has to offer. In the sections below, you will find the most relevant fees of XTB for each asset class.

  • I believe that one of the most essential advantages of LimeFX is trading platform.
  • Here are the current choices, if you’re considering choosing LimeFX for your broker.
  • I liked the trading conditions of the LimeFX broker and therefore I decided to trade here.
  • I ensured LimeFX team evaluate market situation professionaly and give high-quality analytics.

The trading process is quite smooth and I don’t have problems with withdrawing funds. I want to say that there are training courses for beginners as well as different trading strategies. Like Bitcoin) So, other brokers do not provide this, so LimeFX is now in the first place for me. I was very impressed by the fact that bonuses can be received not only on a deposit, but also after verification and confirmation of the phone.

However, traders also have the option to practice with a demo trading account. The nice thing about this CFD trading company is that the bonuses are plenty generous especially when you make deposits of $10,000 + since you can get anywhere from 20% – 60% in bonus cash. All in all, there is a lot to offer all kinds of traders. It has a great reputation, an interesting and generous bonus system, great trading software and mobile apps, as well as a wide variety of assets and trading instruments. LimeFX is definitely a broker we would recommend trying, so why not start by signing up for a demo account so you can decide for yourself. LimeFX does publish some financial news content on a daily basis; however, the content is quite brief and fails to provide usable trading signals.

As for trading skills, I’m still in the process of acquiring them. I signed with the broker, traded for two months on a demo account and now I try to work on a real one, trading microlots . You can’t lose a lot, although your gains will be miserable too, but it’s good training and it gives real emotions – the thing I didn’t face on a demo account. This is a very interesting question because LimeFX broker offers a unique bonus system which no other broker offers. In addition, you get $25 in cash for phone number verification, 20% in cash for account verification, and the first trade (up to $500) is compensated at the broker’s expense.