Users can reach out to customer support via Live Chat, Call Back, and Email Support. The free webinars are available to meet the needs of traders from all skill levels. The live podcast is also broadcasted on Spotify and Google Podcasts to deliver educational material in an entertaining way. LimeFx charges no fees for processing bank wire transfers, but for other methods of withdrawals, the intermediary fee is charged by the financial institutions.
Naga Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons
The company also maintains adequate capital reserves to cover unexpected losses or market volatility. Additionally, the company complies with regulatory requirements, ensuring client funds are always safeguarded. LimeFx website and customer support are available in several languages to cater to its diverse client base. The supported languages include English, Arab, Vietnamese, Indonesian, Spanish, Italian, Chinese, Malay, Portuguese, and Russian. Customer support is available on LimeFx 24 hours a day or 7 days a week.
Offering of investments
While telephone support hours are limited, their customer service is generally responsive and knowledgeable. Overall, LimeFx delivers a professional trading experience ideal for beginners and experienced traders alike. These tight spreads coupled with low commissions provide good value, especially for high-volume traders who can access raw ECN spreads. LimeFx offers Islamic accounts that comply with Sharia law and avoid any swap fees or interest charges. XTB is one of the leading brokers in the industry and is great for new traders and more experienced people alike. What we particularly like about XTB is their designated and award-winning support for each client.
The similarity between the two accounts
When ready to take the next step in online trading, LimeFx traders are able to open a live account with a very low minimum deposit of as little as $100. LimeFx also caters for the use of Expert Advisors (EAs) along with scalping and hedging, making it an ideal destination for traders of all skill levels. Clients can benefit from a large liquidity pool of leading, tier one, regulated financial institutions for a diverse liquidity mix and aggressive pricing.
LimeFx trading tutorial: How to trade
Markets are keenly awaiting today’s release of crucial US CPI data, which is expected to show a fall from last month’s data. The result will likely impact stock and Forex markets, especially the US Dollar. No, Our review of LimeFx reveal that is not a scam broker as it adheres to regulation by CySEC and ASIC. 👉 Traders and investors are now able to trade the Mexican Peso (MXN), Brazilian Real (BRL) and South African Rand (ZAR) against the US Dollar through the MT4 & MT5 Trading Platforms.
- This isn’t just a regulation imposed by the broker, governing bodies and regulators put this into effect to help stop money laundering and improve their AML processes.
- LimeFx offers 5 different live trading accounts, alongside a free demo account as well.
- Equity CFDs and DMA traders face a fee between 0.06% and 0.30% with a minimum of $10 or a currency equivalent.
- Many variables may impact these markets, including weather and geopolitical events, providing a wide range of trading possibilities.
Yes, LimeFx provides rapid withdrawals, with bank transactions arriving within 1-3 working days. The broker also separates customer money from corporate funds, adding extra protection for client wealth. LimeFx accepts a variety of currencies as deposits, including AUD, CAD, CHF, EUR, GBP, and others. Over time, such a setup can greatly reduce trading costs for high-volume and scalping/day-trading-oriented individuals, which makes it an attractive option to consider.
You may reach out to them through various channels, including Live Chat, Phone, and Email. I have always had a great experience when dealing with their support team. Iress Trader is a web-based online trading platform that dynamically streams market data across multiple product types and exchanges. By combining access to full market depth, an https://limefx.group/ enhanced in-house charting system with live news flows, Iress Trader provides everything you need to maintain your edge in the market. The broker offers a handful of payments methods for deposits and withdrawals. The broker does not require any deposit fees on its funding methods except the blockchain charges on cryptocurrencies deposits.
We evaluated the spreads of the EUR/USD, gold, the S&P 500, and WTI crude, four of the most traded assets, available at all brokers. Trading fees have the most notable direct impact on any strategy, and LimeFx offers two pricing models. The commission-free Standard account shows an average mark-up of 1.15 for the EUR/USD. LimeFx usually does not charge deposit fees, a big benefit for traders trying to keep expenses down. For traders who maintain positions for several days, these fees are crucial to take into account since they might affect overall profitability, particularly for swing trading techniques.
The platform allows copying multiple successful trades and ways to manage the risks as well. The Australian Securities and Investments Commission (ASIC) and the Cyprus Securities and Exchange Commission (CySEC) regulate and supervise the activities of the broker. LimeFx follows the code of conduct imposed by these regulatory bodies. The traders’ funds and other amounts are kept segregated from the company’s account.
They serve as a forex trading course for traders with a low level of experience in online trading. Get a glimpse on how to install MetaTrader 4, log in to your account and navigate the easy-to-use interface. LimeFx places a strong emphasis on leveraging advanced technology to provide traders with a seamless and efficient trading experience. The broker’s infrastructure is designed to minimize latency, facilitating fast and precise trade executions even in volatile market conditions.
LimeFx is a reputable and well-regulated online forex and CFD broker that offers a range of trading accounts to suit traders of all levels and budgets. The broker’s competitive trading conditions, including tight spreads, fast execution speeds, and negative balance protection, make it an attractive choice for traders. MetaTrader 4 (MT4) is known to be the world’s most popular trading platform. LimeFx has chosen this platform not only for its popularity but as well as for its flexible trading conditions, ultra-tight spreads, and fast execution.
The Excel RTD is the ultimate reporting tool as it inserts real-time data into Excel which can then be used to send trading commands to the trading platform. With LimeFx VPS hosting for MetaTrader 4 and MetaTrader 5, Forex traders can run automated algorithmic strategies, including EAs (Expert Advisors). Any concerns about downtime limefx forex brokers reviews affecting trades are minimised and any trading platform issues on operating systems due to internet connection or windows server significantly reduced. LimeFx Copy Trading allows you to find, follow and copy successful traders automatically. There is no need to build your own trading strategy or conduct research on forex markets.
