LimeFX offers a single account option for retail traders. This account offers a secure trading environment and is ideal for all types of traders. Islamic Trading Account or Swap free Account conditions are also offered for all account types, which opens an opportunity for the Middle East investors or those who follow Sharia rules to join online trading.
LimeFX is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. limefx forex brokers reviews Forexbrokerslab is my personal blog where I compare reliable forex brokers. I have traded with the most popular forex brokers, including the most unknown ones in any regulation and many different account types. LimeFX adheres to strict regulatory guidelines of the FCA.
Mobile Trading
We found in our LimeFX Review service quite responsive and professional with good and relevant answers, so it is another plus to the overall proposal. Hantec brings the possibility to use trading signals provided by the Trading Central, which is the industry-leading 3d party provider of trading signals for various assets. Thereof, again the clients from ranged jurisdictions should find out the availability of the tool or another along with the requirements of a particular trading strategy or trading style to perform. The platforms bringing the possibility to execute and to switch between the parameters with OCO or IFD orders, market depth view and seamless execution while trading FX and bullion. See below typical trading fees for popular instruments, also compare LimeFX trading fees to another popular broker BDSwiss and others in the table below. Hantec built offering into very attractive pricing designed to satisfy demands of any trading level either built into a spread or with commission charge per lot.
- Traders also have access to useful tools such as a very complete glossary of terms, webinars, key economic data, and risk managing tips.
- It means a lot to us that our clients are happy with our service.
- No sign-up bonus, a deposit bonus, or a welcome bonus is offered to traders who register a real account with LimeFX.
There’re also the option to get support by filling the contact us form so the service team would get in touch with you via email. Careful traders will be reassured knowing that LimeFX is licensed to offer trading services by several regulators, 8 in fact, including the FCA. The bad news is they can close it without a proper notification.
Additional fees
I think it would be better if both accounts had the same low minimum deposit requirement so that some traders arent price out of better conditions in terms of the spread. LimeFX is committed to providing an excellent and professional service. It offers clients a variety of tools and services to enhance their trading experience and the website is user friendly and easy to navigate. I was disappointed that there was only one standard trading account but pleased to see that a choice of different trading platforms is presented. The 30-day use of a demo account is limiting and doesn’t give beginner traders a good opportunity to hone their skills before moving on to a live account. Overall, I think LimeFX is a decent broker despite some limitations.
They charge their own spread on top of the market spread as the fee for the trade. CFDs are different as you can pay either a commission and/or a spread. The commission/spread combos vary depending on the CFD chosen, please see the trading conditions per CFD on the brokers website for a breakdown of each. There are other cost factors to be considered, including Swap rates although opening a trading account with LimeFX is free. Generally speaking, I found the broker to have tight spreads and low commission fees, making them suitable for all types of trading strategies. That being said, if you want access to 0.0 pips, you will need the pro account which requires a much larger deposit.
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.
Execution speeds for trades will depend on the location of each trader. Those located closer to the London servers or the other execution servers of LimeFX will undoubtedly have faster execution speeds than traders located a bit far off from these servers. Traders who use the retail platforms will experience some slippage when trading very major news items. Institutional-level platforms such as the Currenex Classic usually present faster execution speeds.
72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Since Forex is a fast-moving market, clients need to have top-notch trading platforms. LimeFX’ clients use MetaTrader 4 to trade for 24 hours from Sunday to Friday. You can trade up to 44 different currency pairs with LimeFX.
Spreads could be variable or fixed, depending on market movements such as interest rates. LimeFX is an online brokerage firm operated by the Hantec Group. Withdrawals are fastest with cards and e-wallets https://limefx.name/ , and slowest with bank wires (2-7 days). No complaints about delays or non-fulfilment of withdrawals have been made against the broker. Spreads tend to widen during very major news trades such as the NFP.
They are an affiliate of the Hantec Group, a trading and LimeFX firm that has been around for many years. This helps to give me confidence I can trade in a secure environment. You can trade via versatile platforms with relative ease on a limited range of financial instruments spread across forex, commodities and indices. I think they make trading online accessible to everyone and like how they have lots of educational content and tools for comprehensive market analysis. It is great to see that all active clients have access to the award-winning trading tools & research powered by Trading Central.
They teach a useless strategy called Hantac snake pattern, I will advise. Spreads starting from as low as 0.1 pips and lightning fast execution mean you will have a best in class experience with LimeFX. scammed by limefx Your money is held in a segregated bank account, at a regulated institution. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading Platforms on LimeFX
They will assist you with your application and provide all the information you need to start trading with them. Since LimeFX is well known for being very client-centric, all their clients are covered by their Excess Loss Insurance policy. This states that if for any reason, the company goes bankrupt, or they encounter any insolvency event, their clients are insured up to $100,000.
- The company does not charge any withdrawal fees; however, the corresponding banking institution may charge some fees.
- If they warned about this ridiculous fee i will not withdraw with neteller.
- Build-up your trading skills with our free library of educational tools and resources.
- See below typical trading fees for popular instruments, also compare LimeFX trading fees to another popular broker BDSwiss and others in the table below.
The deposits and withdrawals are simple and secure transactions within the LimeFX and 100% automatic, yet payment methods vary from one country to another. Retail traders will use a spread condition basis where all costs are built into a variable spread, which is quite competitive and low. LimeFX localizes some of its payment methods to match the regional needs of clients. For instance, domestic bank transfers and use of China-friendly payment methods is something LimeFX Australia provides for its client-base. The Platinum Account is the ECN account which attracts zero spreads and zero commissions.
That’s the broker, I have already filed a fraud complaint on the regulator service against this broker and hopefully I get my money back. Hantec is okay i love them their deposit and withdraw is very fast and spread is also okay. If you have issues with deposit or withdrawal make sure you contact them am sure they will respond ASAP.
LimeFX review
Please also pay attention to the fact that any content you may find on this website would not necessarily be totally accurate and valid. By visiting DFID.org you automatically agree to all the above-mentioned terms and conditions even in case you have not read this abstract. DFID.org is only compensated by selling advertising spaces and has no other sources of remuneration and no partner relationship with any financial firms listed on the site. Opinions of the site users about the firms listed are totally independent and shall be published in free access on the website. LimeFX shows its dedication to offering traders low as possible costs by not charging fees when opening an account, neither for holding money in these accounts.
Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. The source of this information is the website and the broker’s trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations.
So due to their technical errors, i missed my trades, despite me telling them BEFORE the market rally to execute the orders at what price and what stops. Full capabilities of each from offered platforms, of course, available through desktop version where all the tools and options available. LimeFX adds no commission charges to transfer the funds, however various funding providers may add-on the transaction fees which you should better check with a support center of your Hantec entity. Another costs is built into the swap or overnight fee, which is paid in case the position opened longer than a day. You may check all rates through the trading platform or online at the official Hantec website.
ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. And ive doubt that that client is known by them, i mean some one of hantec ppl and that client made this intentionally, some one from hantec person helped him to do so.