LimeFX Review 2023 A Must Read Before Trading

If you use a credit/debit card, they will transfer money back to the card you used. The minimum deposit is 20 EUR, 20 USD, 20 GBP, or 100 PLN for all payment methods, except wire transfer, which has a 250 EUR (or the equivalent in the currency of your trading account) minimum. Broker’s fees are mainly based on spread charges, which are competitive across the market.

Finally, LimeFX also has a desktop app that is powered by Metatrader 4. This option is available to clients in CySEC, ASIC and FSA regulated markets and may be more suited to advanced traders. The additional benefit of the desktop is that MT4 allows you to highly customise your individual trading preferences and automate trading using algorithms. The web trading platform has a lot of functionality compared to other brokers. LimeFX has integrated with Trading View to offer advanced charting (over 70 different Technical indicators available). The discover section is well designed and gives the user a very concise but helpful snapshot of the market.

Review Methodology

To solve our own problem, we created a website that helps investors find, learn and compare the different platforms to save and invest online. The overnight fees are charged when trading with leverage which will be approximately 2-3% above the overnight rate charged by the central bank. It is the first time we have encountered such a “messy” procedure to access ETFs. It would improve the users’ experience and save some time for its customer support for other pertinent issues.

• Ultimately, the LimeFX trading platform gives you access to all of the tools and features you will need to trade effectively.
• As there is no Copy Trading feature either, you won’t be able to benefit from passive trading at LimeFX.
• All in all, LimeFX is among the top choices in the industry, delivering excellence in trading services.
• Here is what clients of LimeFX think about the trading platform.

Read our full explanation and accounting of our research and testing process to learn more about how we test. Select one or more of these brokers to compare against LimeFX. Note that should you decide to trade CFDs with LimeFX, there are fees for holding positions overnight and for guaranteed stop losses.

This means that LimeFX will execute your position instantly. While a buy order simply means that you think the asset will rise in value, a short-selling position allows you to speculate that the instrument will decline in price. This is something that you won’t find at a traditional stock broker. As always, tread carefully when limefx scam applying leverage at LimeFX and never trade with more than you can afford to lose. However, LimeFX stands out in this respect, as it bases its charge on the amount of leverage that you apply, and not the total value of the position. This ensures that you can trade on margin without being hit with unreasonable fees.

I have been doing my trading with this…

LimeFX provides first-class technology and round-the-clock customer support. Here is what clients of LimeFX think about the trading platform. It is rated 4.8 on the Apple App Store, 4.2 on the Google store and has a Trust Pilot rating of 4.2. Having strong customer support is very important for any broker. LimeFX has partnered with customer support experts Zendesk who offer multiple different resources and options for clients to troubleshoot issues, log tickets, and speak directly to representatives.

LimeFX offers CFDs across a variety of popular asset classes that include 2,833 shares CFDs, as well as 21 indices CFDs, 124 forex CFDs, 119 crypto CFDs, 22 commodities CFDs, and nearly a dozen thematic indexes. The solid news and analysis section alongside a robust educational area are certainly significant positives. We look forward to watching LimeFX build out its stock trading offering going forward. The only charting and execution available for the share dealing account is via the mobile apps.

If you have any other suggestions or questions, please feel free to contact us at the best, LimeFX. Instead of having to sit at your desktop computer for hours on end waiting to see what happens with the price action on HSBC, LimeFX allows you to set up a limit order. In doing so, your order will only be executed by the platform is HSBC shares hit 400p on the London Stock Exchange. The LimeFX platform also allows you to determine how you enter a trade. For example, if you spot a last-minute trading opportunity that needs to be acted on right away  – you simply need to opt for a market order.

How to open your account

LimeFX group has offices in the UK, Cyprus, Gibraltar and Australia. Yes, the broker is one of the best for traders looking to learn because it offers comprehensive educational material like the Investmate app. LimeFX has both a web-based platform and an excellent mobile application (CFD trading app) with full functionality (developed for iOS and Android). The app is available to download directly from the App Store and Google Play. Users can scan the markets, create watchlists and enter buy and sell positions. Yes, but keep in mind that the method you originally used to deposit funds at LimeFX may affect what options are available to you for withdrawing funds.

It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. To learn more about trading with us visit LimeFX and follow our YouTube Channel.

Is LimeFX regulated?

We keep our clients at the heart of every decision we make, facilitating their trading with intuitive technology, in-depth education and dedicated support. LimeFX’s news feeds are very useful, allowing you to find all the relevant news stories for your research stocks. There are lots of bite-sized stories to help you see what is happening in the markets. In order to withdraw money from your account, select the withdrawing method from the appropriate menu, enter the amount to be withdrawn and confirm the process. LimeFX returns money by the same payment method you used to fund your account initially. This means, that if you use the bank transfer method, the broker will send your money back to your bank account.

Why choose MetaTrader 4?

At a glance, you can see what financial assets are most traded, most volatile, the biggest risers/fallers, and read the latest news. One downside of the web trader is that you cannot set any price alerts. Founded in 2016, https://limefx.group/ LimeFX is a fintech group of companies committed to building the world’s best trading experience. They utilise AI for insight, analysis, and integrations with Trading view to offer a unique trading platform.

Speculate or hedge your portfolio, on thousands of global markets.

Based on our findings, LimeFX is a highly reliable and well-operated broker with strict regulations. The broker offers a wide range of instruments with low spreads and competitive conditions. The minimum deposit is lower than the industry average making it a great option for beginner traders.

We aim to provide retail traders with seamless access to global financial instruments, providing 3,700+ markets across multiple asset classes. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Broker’s award-winning online trading platform is designed for trailblazers searching for the ultimate trading experience. Along with this platform, traders get access to over 75 technical indicators, multiple trading chart types, and extensive drawing tools.