LimeFX Review ️ Pros and Cons Revealed

LimeFX offers research options like market research through an economic calendar and earnings season calendar. In general, a so-called “offshore” broker tends to have a less favorable reputation and potential traders should think carefully before investing with them. If there is a choice, the trader should keep in mind what he would like to trade and find the platform that suits his needs best.

Instead of offering bonuses, LimeFX chooses to skip the gimmicks and consistently provide competitive spreads with no hidden fees. This creates a balanced environment where no trader has an advantage over another just because of when they signed up, or how much they deposited. In short, at LimeFX you can expect fair trading conditions at all times. These help to analyze the trade with the tools provided and earn profits. Through the use of analysis of the market through chart patterns, tools, and other mediums, the trader can forecast the market.

How do you open an account at LimeFX

New Zealand has some of the toughest regulatory measures for brokers. LimeFX offers trading in desktop, web browser and mobile app respectively. This is the standard of trading on the internet today although other software have come up. Although both of these two types are almost the same, LimeFX uses MetaTrader 4, which has many instruments for planning and analyzing your trading decision. The process of opening an account is quick and easy, and can take just a few minutes.

Yes, HFT is a licensed and regulated CFD broker, by two different financial regulators. LimeFX was established in 2019, and it has headquarters at Level 13, 1 Albert Street, Auckland 1010, New Zealand. LimeFX accepts traders from both Australia and New Zealand, yet due to regulation, it does not extend its services to the US, Europe, or the UK. Your review can make a difference to other traders, please leave a comment if you have any personal experience with LimeFX. Their customer support which is provided via phone, live or email is also very responsive. They want to make everything ease for the trader which is why mobile based trading is also available.

LimeFX forex brokers reviews

Spreads are charged as per the account and are usually tight spreads. For example, silver, gold and platinum accounts have a minimum spread of 1.8. Spreads are the trade where the trader can purchase and sell security simultaneously. MetaTrader 4 – MetaTrader 4 is one of the world’s most popular CFD trading platforms. Providing you with analytical tools, different order types, and safety mechanisms, you can enjoy a smooth trading experience when using MT4 with LimeFX. By registering with LimeFX, you’ll gain access to over 300 CFDs in six asset classes.

Regulation, deposit guarantee and risk limitation: a safe and well-regulated broker

To cater to many types of traders, LimeFX offers you three different versions of the world-class software. This broker offers MT4 trading platform in addition to web-based trading and mobile trading respectively. CFDs and trading in forex on margin carries with it significantly high levels of risk and won’t be compatible for all the investors. It’s possible to lose some or all of your money and LimeFX. Practice caution and see financial advice when unsure because what we provide here isn’t financial advice.

Also, if you require additional information about brokers, you can do your own research. As a result, traders can enjoy a high position with the initial LimeFX; however, leverage increases trade risk in the Forex market. So, choose leverage based on your trading needs and style.

Besides, you will get a lot of exclusive features and benefits. We would certainly recommend LimeFX, however, if you live in the region and it meets your individual trading needs. Unique and cutting-edge innovations, along with high-tech analytical trading tools, ensure their clients trading performance is consistently one step ahead of the markets.

For the most current spread charges, please visit the website. The charged spread differs on the traded asset and the account type that the trader has; here is a breakdown of spreads that LimeFX charges on popular currency pairs. WebTrader – With LimeFX’s web trading platform, you can access beneficial trading features without having to download anything.

Baxter-FX Fees and Spreads

CFDs also help a great deal in trading in this financial market. The daily price fluctuations can seek advantages using complex financial derivatives or contracts for difference. You do not have to own the underlying assets in long-term and short-term LimeFXs.

It’s easy, just ask around and see what other people are saying about it. You should also go through reviews online, search for the brokerage firm on regulators’ websites, or pay attention to whether their address matches that of the company’s headquarters. It is a licensed scammed by limefx broker, whose customer support care impresses by its professionality. Also, the platform contains cool tools and buttons like stop-loss, for example. A legit broker offering high-tech trading tools, flexibility in trading, and providing a solid foundation for LimeFXs.

There are no additional charges on the deposition of funds. Now, make a minimum deposit in the account to get started. LimeFX offers industry’s lowest and good spreads that allow you to take advantage of this huge and diverse world of trading. Unlike many of its competitors, LimeFX does not offer 24/5 support. One of the biggest advantages of having all three MetaTrader 4 platforms available is that it gives you the ability to switch seamlessly between them.

  • With more than 30 CFD cryptocurrencies LimeFX is suitable for crypto enthusiasts.
  • Unlike other forex brokers, LimeFX only relies on only Meta Trader 4.
  • Web Trader is a trading platform that makes the trader directly trade through a web browser without the installation process.
  • The highly functional and multi-asset platform that LimeFX gives helps in determining bigger profits shortly.

With its wide range of assets, excellent choice of currency pairs, and high number of cryptocurrencies, it is bringing something fresh to the market that many of its competitors do not. CFD trading is common in the region, but not all brokers offer cryptocurrency trading via CFDs, even if it is available for forex and other assets. LimeFX offers Silver, Gold, or Platinum accounts, each of which has tighter spreads and more benefits than the previous.

For complaints, traders can communicate with the team through:

Continue reading our review to get more in-depth information about LimeFX’s offerings. Read on to learn what other features make LimeFX stand out from the crowd and in which departments the broker could do better. Support is available Monday to Friday, 9 PM – 10 AM GMT, and you can access it from your desktop or mobile device. MetaTrader 4 – With MetaTrader 4, you’ll be able to use all the above tools and four pending order types.

If you encounter any issues or have suggestions, you can even contact the management through a separate contact form. To ensure fast and smooth deposits and withdrawals, you have the option to choose from several payment methods. LimeFX has a fast execution of orders/trading-positions, guaranteed by SAS 70 certified data centres. The available trading software mainly relies on the popular MetaTrader 4, which can be accessed via PC, from the web and mobile smartphone/tablet.

Moreover, features in the mobile trading apps are equivalent to or better than what one would find on other online broker. You can download it through the App Store or Android Play Store. Access all types of markets in the most user-friendly way possible with the MetaTrader4 trading platform. Often beginners and amateur traders do not understand the significance of Leverage and they use it in an out-of-proportion manner. So it is important to understand that Leverage is a double-edged sword and one has to use leverage responsibly when it comes to trading in any global market.

  • This application gives you the same functionalities as the desktop and web versions of MT4, including the ability to fund your account, trade, use charts, and withdraw funds.
  • When we tested their trading environment, we rated it 4 out of 5 because it was easy to sign up and use.
  • Continue reading our review to get more in-depth information about LimeFX’s offerings.

From customer support to different products, everything that this forex and CFD broker exhibits to client supports widening their trading options. Trading with the broker HFT trading is good for novices as it helps them with two things. A demo account option is one of the best features of LimeFX. With the help of a simulation, traders can sharpen their trading skills and strategies.

Multiple financial instruments and quality education material along with advanced trading tools in a single place is a very good experience. No, the online trading platform does not charge any hidden fees. For more information, you can read the in-depth LimeFX review from above. Yes, as a trader, you get to rejoice in several technical analysis tools that can help in enhancing the trading. It is a licensed broker and you do not lose money while trading underlying asset with it.

LimeFX gives you access to the MetaTrader4 , a popular desktop trading software, or a mobile application or webtrader. Forex trading imposes a high level of risks and is not suited for all traders and investors. As much as trading on foreign exchange markets may be potentially profitable, it can also lead to significant losses. Ensure that you have enough trading experience, knowledge and full comprehension of potential risks involved. Most derivative contracts have high leverage and low margin requirements. Hence, rapid price movements may inflict serious financial damage or even devastate your entire trading account.

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