Contents
Our LimeFX forex broker review team was also pleased to find that all of these CFDs can be traded using various versions of MetaTrader. In addition to the downloadable MT4 software, you can also trade with LimeFX via WebTrader or MT4 for mobile. These platforms offer 4 pending order types, a variety of trading signals and indicator, analytical objects and charting tools.
The choice of retail accounts offers options for novice, advanced and pro-level traders. The website is clean, uncluttered, quick to load, and easy to navigate. Once you have chosen your account type and set everything up, you will be able to choose your funding method, deposit your funds, and get started with trading the instruments of your choice. There is a minimum deposit of $250 AUD, which is higher than many online brokers but still an amount that makes trading very accessible for traders at any level. Client deposits can be made in AUD, NZD, EUR, GBP, USD, JPY and CAD. It means that as you become more experienced, you will generally be able to upgrade to a more advanced account, with higher leverage and more features and benefits.
- Some trading terminals available on the platform are the popular MetaTrader 4, MetaTrader 5, Web Trader, and the Vantage FX Mobile App.
- LimeFX is one of the most popular CFD and Forex broker’s websites that render online financial services beyond the conventional trading boundaries.
- It offers account history, a good performance speed, charts, analytical tools, and transparent and secure trading.
- There seems to be something for everyone, no matter your area of interest or level of experience.
- In addition, FMA promotes fair and transparent market trading, risk management, and systematic company audits.
In that same step, you also need to upload verification documents such as your national ID, passport, or driver’s license. Here are three of the most important factors to keep in mind when choosing an online broker for forex trading. Take a look at our full guide dedicated to low-cost and zero spread brokers here. You’ll need to open an account and deposit enough collateral to enable you to place orders with your broker to buy or sell forex.
LimeFX Review
WebTrader – With LimeFX’s web trading platform, you can access beneficial trading features without having to download anything. During our LimeFX review, we tested dozens of technical indicators, automated bots, and charting tools. Whilst this entry requirement makes trading accessible to most clients, our experts recommend depositing no less than $500. This is because you are trading with leverage and so, with anything less, you risk wiping out your account with a single trade. To create a premium account at LimeFX, you simply need to register in the same way as you would for a regular account. Unlike other brokers, LimeFX does not reserve any account types for those who deposit or trade more.
- XM Broker also offers over 1,000 trading instruments, including 55+ currency pairs.
- The minimum deposit amount to open an account with LimeFX is $250.
- Social copy trading – Interested in following the trades of expert forex traders?
- Traders are guaranteed 100% order execution, and 99% instant order delivery is also guaranteed.
We have no knowledge of a Peter from Manchester working at MahiFX and being such a fan of our platform, but we did have a rather over-enthusiastic and misguided marketing intern who is no longer with us. We really are very sorry about this as it does not align at all with the company? The stochastics indicator is one of the oldest analytical tools in the market and its great advantage is its simplicity.
Live prices on popular markets
First off, it features two comprehensive licenses from the ASIC and FMA of Australia and New Zealand, respectively. In addition to that, LimeFX has a transparent pricing structure and has gained popularity in the industry. Our reviewers found that live chat support gives you the quickest responses, although limefx forex broker we would recommend emailing for a more in-depth reply. In this review of LimeFX, our expert reviewers explore a popular CFDs and forex broker based in New Zealand. We’ll help you discover what benefits you could gain from trading with LimeFX, as well as any disadvantages you need to look out for.
LimeFX is one of the most popular CFD and Forex broker’s websites that render online financial services beyond the conventional trading boundaries. It is a brokerage firm for both beginners and experienced https://limefx.group/ traders with several pros. Generally speaking, this brokerage does not offer sign-up bonuses or special incentives for new clients, mainly because this is strictly regulated under ASIC.
Instead, the broker focuses on providing an optimized trading environment for all traders. This ensures that you aren’t pressured into depositing more than you feel comfortable with. Yes, all of the details mentioned in our LimeFX review indicate that this is a trustworthy forex broker.
In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation. Such awards are usually mentioned with pride on the company website. LimeFX told us that they are in the process to be regulated by the FCA to provide further security for its clients. limefx reviews Since LimeFX is a new broker, we do not have any verified feedback from traders about their experiences with them. In our tests, we have tried to contact LimeFX services and each time we were able to get in touch quickly. If you need or want assistance, there are a few possible ways to contact the LimeFX service.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Traders are guaranteed 100% order execution, and 99% instant order delivery is also guaranteed. XM Broker also offers over 1,000 trading instruments, including 55+ currency pairs. Deposits and withdrawals through bank cards and electronic wallets are available. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate.
How to Start Trading on LimeFX?
The app also comes with alerts, push notifications, and you can stay tuned to all the major global events impacting the markets even on the move. The trading terminal allows clients to execute orders manually or automate strategies in various ways. Clients can automate their trading activities by placing specific order types such as stop loss orders or take profit orders. There are also options for fully automated copy trading, which allows clients to copy the trades of other more advanced traders.
In addition to the 30 indicators built into the MT4 platform, there are more than 2,000 free custom indicators that you can download and add to the platform, and over 700 available for purchase. You can also take advantage of 24 graphical objects, including Fibonacci and Gann tools, arrows, lines, and shapes. • Commodity trading with gold, platinum, silver, copper, crude oil, natural gas, etc. First withdrawal took way more time and hustle than I expected so was scared I wouldn’t receive my money but it actually ended up going well and all the next withdrawals were quick.
You can deposit this via bank transfer, credit or debit card, VPay, Skrill, or Neteller. All three account types offer opening an alternative Islamic account. We ask you to read our risk notice and disclaimer carefully before making any LimeFX or action. The analyses provided are for information purposes only and cannot replace an individual discussion with a competent person. Liability for direct and indirect consequences of these proposals is therefore excluded. LimeFX has a fast execution of orders/trading-positions, guaranteed by SAS 70 certified data centres.
LimeFX account types and trading conditions
The broker also has the regulations of section 80 of the Anti Money Laundering and Countering Financing of Terrorism Act 2009. This helps in the verification of traders’ accounts and prevents theft and other criminal activities. To conclude the LimeFX review, we would say that the regulations and all the features make LimeFX different from the competitors, even though they are new.
- LimeFX also provides a contact form on the website, which can be used for general enquiries and less urgent questions.
- LimeFX is regulated by a known authority – Financial Markets Authority New Zealand.
- LimeFX offers a wide array of CFDs and assets, including currency pairs, crypto markets, indices, precious metals, commodities, stocks, and more.
- Providing you with analytical tools, different order types, and safety mechanisms, you can enjoy a smooth trading experience when using MT4 with LimeFX.
The brokerage provides an order execution speed of 0.04 seconds, which our LimeFX forex review found to be accurate. The platform supports all order types, including instant, market, pending and trailing orders, and, as already mentioned, there are easily automated stop loss and take profit options. HF Trading offers the MT4, WebTrader and Mobile forex trading top platform. LimeFX.com offers over 45 forex currency pairs, cfds, commodities, stocks, indices, gold, silver, oil, bitcoin and other cryptocurrencies for your personal LimeFX and trading options. When carrying out a broker comparison, many traders prioritise the level of customer support offered. As you are trading exclusively online, your broker’s responsiveness and ease of access to customer support is a factor that will likely have a big impact on your experience as an online trader.
Top 10 Forex Brokers 2022
You can also set up market news notifications so that you never miss a trading opportunity. Our LimeFX broker review team recommends that you maintain a reasonable activity level, as the inactivity fees are less-than-competitive. Inactivity fees can be charged if you make fewer than five trades in a month and start at 80 AUD. After 91 days of inactivity you will be charged a further 120 AUD, 200 AUD after 181 days, and 500 AUD after 271 days. While this is higher than some brokers it is easy to avoid by making trades or closing your account.
