Why it can’t show the balance on the account makes no sense to me. Tried to ask customer service these questions and they were rude and argumentative. Just wish I lived somewhere else and could use another broker. We are required to validate all financial information for the security scammed by limefx and safety of your funds and account. They don’t reply gmails you have to be going live chat all the time begging them to do their job to check your application or you won’t ever get to open your account. I can confirm all the negative experience as discribed below in the comments.
Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section. Withdrawals can be made using the same methods – via either a credit/debit card or a bank transfer. Another important thing to note is that the minimum deposit amount is only $50, which is impressive.
What is Forex?
Different time zones have different peak times of trading, and forex traders use this to their advantage, working at the times of the day that best suit their currency pairing. Although limefx has a large range of currency pairs, there are limited options for other types of trading which could put off traders that are looking to create a more varied portfolio. limefx offers a demo account for those who are looking for a trading account to try without putting any capital at risk. Active Trader accounts receive 1% APY interest based on the average daily available margin, one-on-one support from an experienced market strategist and bank fees for wire transfers reimbursed. limefx – limefx offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms.
- Known for its transparent pricing, Axi features affordable spreads and excellent service.
- You’ll need to close all your positions, withdraw your funds, open an account with a different broker, and deposit the funds into your account.
- Yes, you’ll need to sign up for a live account or a demo account to access the limefx mobile app.
- You will have to have at least one year experience in the financial services sector for this account.
- The forex spreads in the standard account start at just 0.6 pips and alongside the commission-free pricing structure, this makes for a very cost effective solution.
Get to grips with our mobile app in no time with our clear and useful videos. Improve your decision making with the analysis tool that reviews your specific trading habits and behaviours. Investors can trade the markets via MT4 and limefx proprietary platform.
Execution, leverage and position sizing
According to the broker’s management, they are constantly developing their platforms, making the work of their customers more comfortable. Once you are familiar with the markets and your confidence https://limefx.vip/ has grown, you can then easily close your demo account and upgrade to a live account. Once you open a limefx account you will also be able to download their apps for Android and iOS devices.
However, these will not be available on MT4 and to US traders. If the money on your account isn’t sufficient to cover this $15 fee, limefx may reserve the right to close your account notifying you. As for fees, when you withdraw funds, this is achieved free of charge for European traders. You will have to have at least one year experience in the financial services sector for this account. The minimum deposit is $100, but it is recommendable to have at least a balance of $25,000.
limefx USA Review
It is also highly customizable, allows using a trading robot via the Expert Advisors feature, and it comes with integrated trading tools exclusive to limefx. Here, MetaTrader 4 users receive access to integrated Reuters News, technical analysis by Trading Central, limefx research, and many more. The broker also offers MetaTrader Web, and MT4 for Android, iPhone, and iPad. In operation since 2001, limefx is a global CFD and Forex broker that promises competitive, transparent pricing and a wide range of markets to its clients. limefx is an online broker offering CFD and forex trading to retail investors around the world.
Make sure you’re protected in case something goes wrong, and the best way to do this is by selecting a regulated broker. The best forex brokers in the UK tend to be regulated by the Financial Conduct Authority , with brokers based elsewhere in the world being overseen by other bodies. Swissquote charges relatively high trading fees and even charges for some of its research and analysis tools, which means it’s not a great fit for most casual traders. You can use almost any form of payment method to fund your forex trading account. Most people choose a bank transfer or wire payment but there are a wide variety of card or digital payment options available. Choose your favoured option from the links below to learn more.
How much is the maximum leverage at limefx?
He has many years of experience in the financial sector and honestly admits that he is in love with his job. We have prepared this guide to help you understand Google shares and invest in them. Read our CFDs trading guide for beginners to explore CFD financial market. Here you will get instructions on how to get to ‘My Account’ and manage your funds and trades, as well as answers to other common queries. Support can assist with a range of issues from minimum and maximum lot sizes to withdrawal problems and leverage calculators. As well as general complaints, interest rates, opening hours or web login issues.
- FXverify website, limefx user reviews by verified traders with a live account, reviews page.
- As mentioned, they allow for copy or strategic trading, and have phenomenal customer support that’s available 24/7.
- The thinkorswim platform provides a comprehensive service for traders and meets many of their demands in one place, free of charge.
- With the commission account, you get to enjoy the tightest spreads available which include USD/EUR of 0.2 and above and a commission of 5USD for every $100,000 on forex trades.
While the spreads are much lower (as little as 0.1 pip), the level of the commission depends on the volume traded. The spreads are typically noticeably lower for Commission accounts, and they are not available to use on MT4. Charges for this account are worked into the spread, and there are no account opening, maintenance or withdrawal fees.