Based on our frequent interaction, we found the team to be professional in their approach, although we were not satisfied with the speed of replies, including the initial reaction time. We think this is one area where the brokerage should improve dramatically, especially since they are open only 11 hours a day. The trading conditions at CFD brokers primarily comprise the spread and leverage, and in this LimeFx Brokerage Review, we evaluated the factors shaping them. We found the site easy to navigate, and all the info related to each of the topics was easily accessible. The account opening process is straightforward, and on opening the account, we could easily access all the info from the Client Area.

• So with a firm license, and a parent company with an excellent reputation, LimeFx looks pretty safe already.
• The data of investors are protected with servers like SAS and DLP solutions.
• These are complex trading instruments that are designed for experienced traders and not novices.
• It stands with beginners forays as the ideal place for entering financial markets.

Traders can file withdrawal requests through the withdrawal form available on the broker’s website. As per the broker rule and regulation, the withdrawal request should be processed within five business days. Usually, it takes 2-3 days to complete the withdrawal request by the broker.. In the last step, you need limefx forex brokers reviews to submit the initial deposit, which is $250. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Indices – access to 17 indices from all around the world and have the chance to trade the short or the long side of a position.

LimeFx Accounts

Ethereum is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. Bitcoin is the digital currency with the largest market capitalization and price levels and dominates 50% of the total crypto market cap. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market. 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.

The broker provides its users with an option to trade from th MetaTrader 4, a globally recognised trading platform. The education resource provided by the broke cover a vast variety of Articles, Ebooks and tutorials etc. The economic calendar is one of a kind, provided by the broker.

By using this, a trader can track various organization’s about their earnings yearly or quarterly. They can create a trading strategy by using the economic calendar. The trader can make the right decisions before they invest their money in trading. Each type has several unique features and offers services to different types of traders. Besides, a trader can get a special swap discount, if they are using gold and platinum accounts.

Based on different assets, products, and trading accounts, spreads may vary. For example, spreads on DAX while trading with the Gold Account is 1.5, whereas when you use the Platinum Account, it is 1. Also, it is the safest market for trading with no risk of losing money while investing, bidding, or selling your underlying assets.

Indices

At first we though the broker was not regulated but when we dag deeper, we discovered that indeed they hold a valid Forex broker license. And if you would like to trade on the web without having https://limefx.club/ to download the MT4 software, HF Trading provides you with this chance as well. This basically means that jokers and scammers can’t operate here because they can’t meet the requirements.

You can start trading by filling out a simple registration form, submitting your KYC documents and depositing a minimum of A$250; it’s that simple. LimeFx is one of the newest entrants in the Australian CFD broking industry. The trading brand of CTRL LimeFxs Limited emerged from the takeover of MahiFX by LGT Solutions Limited in the second half of 2019.

It is a NewZealand based company regulated by the New Zealand Financial Markets Authority with the license number FSP197465. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Withdrawals using certain methods may be processed within a shorter period than others. Usually, withdrawals take a few days but depending on bank services it may take several days longer for the money to be available in a customer’s bank account. LimeFx offers a good trading environment for most types of traders, from beginners to more experienced ones.

Broad Range of Trading Instruments:

You do not have to own the underlying assets in long-term and short-term LimeFxs. The broker allows you for CFD trading for a variety of markets and ways of trading different commodities. The highly functional and multi-asset platform that LimeFx gives helps in determining bigger profits shortly. You can start trading CFDs on cryptocurrencies with this broker. Market players do not have to pay a single penny in commission or hidden charges. The Platinum Account opens the world of the market for all traders.

The broker offers to its traders a popular trading environment – MT4. The biggest disadvantage of LimeFx that I see is that they accept only traders from Australia and New Zealand. A platform used widely by many traders, MT4 is a popular user-friendly interface that makes trading simple. The trading platform uses a number of different features to enhance trading and have an amazing experience of the forex market. It has timeframes, expert advisors, works on all devices, analysis tools, technical and fundamental tools, and news alerts.

Check some key features of the mobile trading app from the given below points. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. The trading platform from MetaQuotes is accessible on all browsers, Android and iPhones, and supports Windows, Linux and Mac operating systems. 79.39% of retail investor accounts lose money when trading CFDs with this provider.

Is LimeFx Scam or safe:

In addition, the broker may also offer Islamic accounts with swap-free trading facilities for sharia law followers. Collect complete details regarding all three accounts from the below points. Not to mention the fact that I lost 15% of my LimeFx purely from their swap fees in a week.

When the brokers promote that they offer CFD based trading and miss out on important details, it should be a red flag. This kind of equilibrium kept almost everywhere, keeps the broker on its feet in an era of stiff competition. Way LimeFx has been keeping everything consistent in a lot of places like leverage, spreads and as seen here, the trading platform, it is a thing to praise and pay attention to. Consistency is the key to everything and the founding members of the brokerage firm understand this well. When it comes to web trading and web trading platforms, the broker does not compromise and provides the MT4 trading platform for desktop and web-based trading.

You know when and where to trade and what asset classes to invest in the financial market. Yes, LimeFx offers a MetaTrader 4 platform for trading which is useful to predict the future market of the assets. 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.

No, the online trading platform does not charge any hidden fees. Yes, as a trader, you get to rejoice in several technical analysis tools that can help in enhancing the trading. So, investors get plenty of options for accelerating the LimeFxs of their will. It gives another dimension to the trading style of a novice trader. FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. CTRL LimeFxs Limited offers its trading services under the domain name of LimeFx.

Gold Account

LimeFx has everything covered that you require as a financial market user. TradingBeasts helps individual traders learn how to responsibly trade forex, cryptocurrencies and other asset classes. We review and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns that we come across. We are also a community of traders that support each other on our daily trading journey. A review of the Forex broker called LimeFx shows, that this broker is offering day traders and investors the classic MetaTrader4 trading platform.

These are less in-depth than the books, but are a valuable tool, allowing beginners to enter the trading world quicker. The firm’s address is DJCA Ltd, Level 3, 50 Victoria limefx courses scam Street, Christchurch Central, Christchurch, 8013. A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card.