limefx Review: UK Edition

It also keeps the traders’ funds in segregated top tier bank accounts. For added security, the trading platform uses 256-bit SSL encryption that safeguards your data and funds. Overall, industry recognition and advanced security features make it a reliable broker for online forex and CFDs trading.

With limefx, you can be sure that all the deposits and withdrawals processes will be smooth and swift. That’s why the clients can deposit or withdraw funds using credit/debit cards, online banking systems, eWallets and wire transfers. Our limefx review figured out that making the deposits does not entail any extra fees or commissions. For most payment methods, limefx processes the deposits within 1 working day. For example, web platform users can take advantage of dealCancellation which enables the trader to cancel a deal in 1 hour for a small fee.

limefx Demo Account

USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR are supported by limefx as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders. The limefx trading platform is available for residents in SG.

Moreover, the company has returned you all your funds plus the profits that you have gained with as an act of goodwill. Tradersunion.com needs to review the security of your connection before proceeding. Two decades of achievements and trustworthy service to clients have earned limefx its CySEC and ASIC licenses, in addition to more than 40 global awards. You’ll find a “Getting Started” section, a “Discover” series, free eBooks, Knowledge Base, a Trading Glossary, a description of the key economic indicators and detailed FAQs. These materials cover a wide variety of topics from reading a stock chart to trading strategies.

Is limefxregulated? – Regulation and safety for customers

limefx, registered with the Commodity Futures Trading Commission , lets you trade a wide range of forex markets plus spot metals with low pricing and fast, quality execution on every trade. Traders can limefx courses scam configure the chart with customized indicators and technical analysis tools. Under the menu, there is another “Deposit Funds” option along with a demo/live account toggle and live chat functionality.

This is done not to overburden the trader, but rather keep everything simple and intuitive. It is, however, possible to upgrade the regular live trading account into VIP to enjoy tighter spreads and personal analyst services. Between limefx forex brokers reviews 74-89% of retail investor accounts lose money when trading CFDs. limefx was founded as a forex trading platform back in 2001, and since than has become one of the most established and experienced trading platforms on the market.

limefx.com (.au) profile provided by limefx, Mar 14, 2016

Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired. Commodity trading is a type of trading available on limefx where individuals or businesses buy and sell financial instruments using limefx related to commodities, such as metals or oil. You can withdraw cash from your limefx brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open limefx positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your limefx account.

• limefx users can trade CFDs on both desktop and responsive devices.
• They also offer fixed spreads, which are nice if you don’t like the added uncertainty of spreads spiking during times of volatility or low liquidity.
• Client support at limefx is proficient, resourceful and multilingual.
• This broker has been recognized this year as the ‘Best Forex Broker’ in 2019 The Forex Expo Dubai.

Additionally, it provides access to 3 chart types, 10 timeframes and also some technical indicators. FxForex has long been a trustworthy guide to Forex, CFDs and Cryptocurrency trading online. We review online brokers, provide tips and guides to trading, as well as news on the latest developments in the industry. We wanted to offer everyone access to global markets – not just institutional and high net worth individuals. limefx (initially under the name easy-forex) was launched in 2001.

Read our limefx Broker Review

The goal of the limefx trading UI is to make the limefx user’s experience easy and intuitive. The limefx application has good user experience and a good level of customer satisfaction. Apple Macs and MacBooks can easily handle the most important requirements when using the limefx trading platform.

The company adheres to a strict set of operational standards, including segregating client funds and participating in a scheme in case of insolvency. In addition, there are no active bonus offers or promotional programs for new clients, which means that it is suitable for many types of investors. To achieve its policy goals, limefx provides capital adequacy, negative balance protection, and free guaranteed stop-loss orders.

Rates, terms, products and services on third-party websites are subject to change without notice. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. As part of their continued commitment to clients, limefx strives to remain a transparent, trusted and regulated online broker. They maintain sufficient liquid capital to cover all client deposits, any potential fluctuations in the company’s currency positions and other expenses. Having these regulations and policies in place, helps to ensure clients that funds and transactions are secured and protected. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.

The account opening process at limefx is fast, hassle-free, and fully digital. We may receive compensation when you click on links to products we review. If you’re thinking about investing with esayMarkets, you may be wondering if the company is regulated. After all, regulation is important for protecting investors and ensuring that companies follow fair practices.

We always strive to ensure that we provide our traders with the best possible trading conditions. This is why we proudly offer fixed spreads and no slippage on our web platform which means you are always aware of your costs before trading. Unlike variable spreads, fixed spreads never change in response to market volatility and you always know the spread you are paying before opening a deal.

• They do not charge fees but they do apply a spread although I consider it a high spread.
• That means that if you’ve used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000.
• Check to see if limefx CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
• Traders seek an honest online broker that offers uncomplicated trading.

They are always available through Facebook messenger, reply quickly, and earnestly try to answer your questions. I’ve spoken to them on many occasions and they helped me every time. My account manager was also great, very kind and professional, and promptly resolved issues when they arose. In this sense, this brokerage one of the best, and that’s another reason I might recommend it to a beginner. Unfortunately, today I received a call from them telling me that they are no longer able to serve my area due to local regulatory changes. So, since I can no longer trade with them, I decided to share my experience.

• limefx’ proprietary platform is a web-based trading platform.
• Their own web trading platform, Visual Trading Machine, runs automatically from a web browser, via the company website.
• There is also a large online MQL4 community where traders share ideas and trading tools.
• Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business.
• Well, it is a thing of the past now as the evolution of online forex brokers has changed forex trading forever.

Trading costs are around the industry average, making it suitable for both beginner and more experienced traders. The minimum deposit for this account is 25 USD, making it suitable for all traders. Spreads are fixed at 1.0 pips (EUR/USD) on limefx’ proprietary platform and 0.9 pips (EUR/USD) on MT4, which https://limefx.group/ is, at best, around the industry average, but no commissions are charged. VIP account-holders also have access to same-day deposits and withdrawals. limefx is a great broker for traders who want to get started in the markets. It has a user-friendly platform and a wide range of products to trade.