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It is a licensed broker and you do not lose money while trading underlying asset with it. The world of forex is available at your fingertips, with more than 45+ forex pairs for trading. The cross-device trading, zero deposits, and exotic to major currency pairs give hope to all traders as they trades in the fluctuating market. When HFTrding pops up, every trader knows that the broker is synonymous with excellence, trust, and the best service provider.
An important step in the creation and activation of your LimeFX account is verification. Know Your Customer is criteria that helpsensure a safe trading environment. Fortunately, the platform has simplified this process into two simple steps. Mobile Trader – LimeFX’s portable trading application is only a cell phone form of MetaTrader 4, and this is accessible on iOS alongside Android gadgets.
After I sent them confirmation that I submitted a complaint with AFCA, they sent my money within few hours and today the money arrived on my bank account. Please be advised that your withdrawal request is being processed. We also think that using a firm owned by the same parent company to provide price quotes limefx and liquidity is somewhat questionable. Even though LimeFX is a non-dealing desk broker, its close ties to CTRL Capital raise some questions regarding potential price manipulation. Not that this is to say any manipulation is occurring, but the use of a closely related firm does bring up those questions.
Payment Methods: Deposit and Withdrawal
This permits you to exchange CFDs on monies, stocks, and cryptos with blended exchanging signs, pointers, and outlines, even on the way. LimeFX told us that they are in the process to be regulated by the FCA to provide further security for its clients. Like any other regulated broker, withdrawals will only be effected towards the client.
Those who feel like they still need more tools can always go to the MQL marketplace to download the customer indicators, scripts, and more that have been coded by MT4 community members. With the 30 indicators and wide array of built in tools it is possible to analyze thousands of market assets on charts that are customizable and allow for up to 9 different timeframes. The included technical indicators allow for detailed market analysis that aids in locating good trading ideas.
You can trade in more than 60 markets, and the superior customer service support is the icing on the cake for traders. Stocks of companies like Google, Air New Zealand, Mircosoft, Apple, British Petroleum, https://limefx.group/ Nike, etc., are available here for trading. If a trader wants to diversify their portfolio, there’s no better place than HFTraing. Assets and instruments here let you express yourself as a trader.
If you find this LimeFX review helpful, be sure to share it with your loved ones so they don’t fall into this type of scam. If you encounter the next one on LimeFX, you are likely to be scammed or involved in a scam. Due to lack of information and unregulated LimeFX, funds are not safe. Traders should trade with well-regulated brokers like UK or Australia brokers and reputable brokers.
LimeFX processes all withdrawal requests within three business days. Comparebrokers.co needs to review the security of your connection before proceeding. We ask current LimeFX investors, to please share your experience using these brokers, in the comments section below. To begin our review of LimeFX, we explored the background and history of the broker. LimeFX was established in 2019, with the headquarters located at Level 13, 1 Albert Street, Auckland 1010, New Zealand.
They can also offer perks such as lower commissions or spreads for high-volume traders. In any case, Vanuatu is an offshore zone and we recommend that traders choose carefully the brokers they will work with. We recommend that all investors and traders avoid LimeFX and other Vanuatu brokers. Obviously, LimeFX did not do any of the above, and can not even be regarded as a broker, but just a scam in the foreign exchange market.
FTX vs Bybit 2022: Top Crypto Trading Platform Comparison!
Besides, this broker offers several deposit options for the trader such as MasterCard, Bank transfers, visa, and they can also deposit through Maestro cards, Skrill, and Neteller. Moreover, the minimum deposit requirement for this broker is 250 AUD, which is quite a reasonable amount. Unlike most cryptocurrency CFD trading platforms that tend to support users from most countries in the world, LimeFX is currentlyonly available to users in New Zealand and Australia. LimeFX gives you access to the MetaTrader4 , a popular desktop trading software, or a mobile application or webtrader. The trading assets offered cover a wide variety of international markets.
- In general, a so-called “offshore” broker tends to have a less favorable reputation and potential traders should think carefully before investing with them.
- The brokerage firm is highly transparent and safe for all traders.
- Large online MQL community to share ideas & tools with other traders.
- Why not read about a scalping trading strategy, or how to read Bollinger Bands.
- The broker is regulated by the most acceptable security authorities and follows all the regulations.
By keeping the account types clean and composed in three categories only, the broker again performs well in terms of complexity. 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.
LimeFX Review
LimeFX online brokers provide various educational tools to help the traders to get the hang of the industry. They provide several e-books online, starting from simple to complex terms. It offers several tools for intermediate traders for buying and selling. Besides, it also offers experienced traders several concepts like advanced technical tool analysis and in-depth books which allows the beginners and the experienced traders to trade with confidence.
A smart person will always compare a few different brokers, before making a final choice. LimeFX is the trading name of CTRL LimeFXs Limited which is licensed and regulated by both the Australian Securities and LimeFXs Commission , and New Zealand’s Financial Markets Authority . As both of these regulators are highly-regarded in the industry, you can rest assured that LimeFX is a very trustworthy and secure broker. As per the review, LimeFX follows strict security rules and the users can be sure that their data is tightly secure. Besides, the platform uses SSL technology and has firewalls in place to enhance security.
Different Trading Account Types:
As per our LimeFX review, this platform offers 20 various cryptocurrencies as CFDs, that can be traded in Euros, British pounds, and US dollars. Metatrader 4 web version can be accessed from any browser and it does not require any installation or downloading. By using a web trader, the trader can analyze the financial markets and they can have access to several tools; also they can use automated trading. Traders who have registered with this broker can access more than 350 trading instruments, which comprise Forex, commodities, shares, cryptocurrencies, indices, in CFD.
LimeFX has commission-free trading, which means they do not charge fees from the trader/investor on any trading. Secondly, after verification, the trader can set a password and choose the account they want to trade with. The account has the same trading currencies as the silver account. Always remember your capital is at risk and you should only trade with money you can afford to lose – do not borrow money to fund your trading activity.
Platinum offers numerous advantages and is designed to aid such traders with trading opportunities. 85% of retail investor accounts lose money when trading CFDs with this provider. LimeFX provides access to global markets and assets preferred by most traders via CFDs and are able to offer higher levels of leverage.
You can find helpful articles on different assets and domains, including commodities, stocks, cryptocurrencies, CFDs, indices, and forex. If you are starting your journey in the forex trading market, there’s no account type better than Silver. It stands with beginners forays as the ideal place for entering financial markets.
Obviously, LimeFX did not do any of the above, and could not even be regarded as a broker, but just a scam in the foreign exchange market. Online activities are always vulnerable to cyberattacks and other security threats. The risks are much higher when it involves personal information and funds.
The broker provides the mighty MetaTrader 4 as a proprietary trading platform. Despite the fact that there are a million other forex trading platforms out there, the broker still sticks to be being simple and authentic. The MetaTrader 4 is one of the best forex trading platforms out there. For a trader ready to limefx company reviews launch his or her career, the silver account caters for each trading need that is required. The silver account can also be used as a swap account as well as an account for hedging purposes. The account is well equipped with strong customer support if there is ever a case where a trader is stuck with a trade.
- In 2020, the financial service provider was voted Most Transparent at the World Finance awards, and Best CFD provider in Australia at the A to Z Markets awards.
- If you are not able to do this, you should opt for lower-risk LimeFX opportunities.
- On top of that, the regulated status of LimeFX also ensures additional trustworthiness and reliability for its users.
- As per the review, LimeFX follows strict security rules and the users can be sure that their data is tightly secure.
If you have a good amount of budget and want a quick high return on LimeFX, then the platinum account will be a good choice. At LimeFX you can trade a variety of international markets such as index CFDs, stock CFDs, foreign exchange CFDs, commodity CFDs, precious metal CFDs, crypto-currency CFDs. You can choose from over 200 different stocks from around the world.
LimeFX is considered to bevery safe, not only because it operates undertwofinancial authority licences, but also because it implements a suite of security measures to protect users and funds. The platform has never been a victim of a successful cyber-attack, and users generally speak positively about its features and safety. Apart from utilizingSSL technology encryption on transfers, LimeFX has a powerful firewall which protects users’ confidential information from hackers.