What I got after reading this article is that in making a withdrawal request at the LimeFx broker, the method that must be used for withdrawal must be the method that was used during the initial deposit. I really like to trade using more than one deposit option, how can I withdraw now? If I withdraw money from my account, can I also withdraw the profit generated from the bonus? That said, LimeFx falls behind with its limited pricing, range of markets, and platform offering — none of which can compete with the best brokers in this space. I wonder if it is the same for everyone… once I started trading here, I was actually excited to tell people about the broker.
How to open account with LimeFx Trading?
- Deposits and withdrawals are essential parts of trading on a brokerage platform.
- We would recommend trying out LimeFx to benefit from the high-quality and significant amount of educational content, alongside the robust research on offer.
- If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.
- As a multi-regulated online broker, LimeFx must adhere to strict compliance guidelines.
The company also provides trustworthy trading platforms, including MetaTrader 4. LimeFx is also renowned for its flexibility, with an extensive array of market analysis tools and educational resources tailored for both novice and experienced traders. A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price. MT4 Multiterminal offers three allocation methods, multiple order types, and execution and management in real time.
Website & Support Languages
The good thing that we like is LimeFx’s zero fees on deposits & withdrawals, while some other brokers charge high fees during funding & withdrawals. LimeFx Trading is a reputed forex broker that is regulated by 2 top-tier regulatory bodies CySEC & ASIC. But their overall trading fees is not the lowest, and is generally quite high with Micro & Standard Accounts. As a beginner, it’s generally advisable to start with assets that are more straightforward and easier to understand. First, Forex (foreign exchange) is often considered a good starting point for beginners due to its simplicity and the availability of educational resources. Currency pairs are a common choice, and you can gradually expand to other assets as you gain experience.
LimeFx Desktop and Web Platforms
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. Talked to Ann regarding account details but didn’t answer my questions. It’s been more than 4 hours and still haven’t receive any email.
Its users have access to both MT4 and MT5 platforms in addition to low trading and withdrawal fees. From the previous discourse, it can be concluded that the largest-selling point of LimeFx broker is its trading reliability across a diverse range of forex markets. To maximize client convenience, LimeFx has also provided various versions of the MetaTrader 4 and MetaTrader 5 trading platforms.
The Advantages of Forex Trading with LimeFx
You cannot use an MT5 account on the MT4 trading platform, so make sure you create your MT4 account beforehand. The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. LimeFx Group’s extensive offer of tradable instruments allows traders to access a broad spectrum of markets, from forex to stocks and commodities. While the number of instruments offered varies across asset classes, LimeFx’s diverse range of options provides traders with ample opportunities to capitalize on different market trends.
LimeFx Group also supports copy and social trading from expert advisors with MT4. LimeFxTV produces a high standard of in-house research and reports, which easily competes with the commentary from the market leaders in this area. The TV-style format works really well, whilst the content limefx scammers can also be downloaded as a podcast. There are also 16 stock indices available to trade with the major European, US and Asian stock indices all present. As a client moves up theirloyalty levels, they earn more LimeFx Points, which they can use to improve theirtrading experience.
Another specialty of LimeFx broker is the availability of free (no fee) deposit and withdrawal options. When I chose them as the main broker to trade with, they had been already in the business for around a decade. One of the factors that bolstered my decison is the fact that LimeFx is strictly regulated by several respected regulatory entities, including CySEC.As for the range of assets here, it is really huge here. The broker offers an advanced trading platform as well as flexible trading conditions to accommodate a range of global clients.
In addition, all LimeFx entities hold their funds separately from the clients’ funds. This is important as it protects clients’ money if the broker has financial problems. The broker features competitive fees across all major instruments and boasts a robust selection of in-house research content and tools. Let’s start with the slight negatives, LimeFx Group only offers MT and MT5 as a MetaTrader broker, they do not have their own platform and the pricing is average, with not particularly tight spreads. All LimeFx clients have access to a personal Account Manager, as when it comes to customer service, the size of your account does not matter.
You wouldn’t want to master one platform only to be disappointed if you want to switch brokers and the platform is not available. Other prominent MT5 brokers to consider who are on par with LimeFx include LimeFx. Once you are done with the market analysis, you can continue by opening and closing positions according to your views of the possible market direction. If you are using the shares account, keep in mind that you will be required to deposit at least $10,000 as your first deposit.
However, LimeFx does provide a loyalty program and a rewards system for clients outside of the European Union. For example, clients who maintain an account balance (equity credit) of $5,000 or the currency equivalent get free access to LimeFx’s Virtual Private Server (VPS). The download is quick, provided you have a decent internet connection. Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds. Wire transfer deposits and withdrawals over $200 are included in LimeFx’s zero fees policy.
You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at LimeFx Group who will be happy to get you started and provide you with assistance. https://limefx.name/ I don’t usually require assistance from the account manager as I have been trading for many years. However, it is a great option if you are new to trading and need some guidance along the way.