LimeFx Review Based On Fees + Features Updated 2024

These are the 5 key tools that the broker and trading platforms have in place to assist you in terms of risk management. Effective risk management plays a very important role in trading with any broker. Through LimeFx and their trading platforms you will be able to set a number of tools in motion to help you stay protected when you are trading. Here are some more details in regard to the limefx and the deposit methods that are available to you as a trader with LimeFx. This also means that even if you open a live trading account, you can still maintain your demo account. Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis.

• You will also have access to a huge range of charting tools and indicators as well as the ability to auto trade and employ strategies through the EAs feature.
• This includes trading guides, speakers, a video library, and a live classroom.
• It is also a common thing that many have run into problems making withdrawals when their account has not yet been verified.
• LimeFx is also a member of the Canadian Investor Protection Fund (CIPF).
• If you deposit using cards the funds are credited instantly to your trading account or takes up to 2 hours.

Broker Comparison

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Yes, if your account is dormant for one year, that is you do not place any trade, LimeFx will charge inactive account fee of C$50 per year. If you have no funds in your trading account, the fee will not be charged and you will not accrue any negative balance. £15 is the withdrawal fee if you are withdrawing funds to your UK bank account that is a non-BACS.

Opening an Account

I recommend traders read and understand the terms and conditions before accepting incentives. All of your charting analysis through the platform can also be retained through a convenient cloud service. This adds to the already very accessible nature of the trading platform and it is an excellent addition to the LimeFx offering.

LimeFx Range Of Markets (CFDs & Forex)

77-85% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. The texts on this page are not are not investment recommendations.

How do I deposit money into LimeFx?

These unique markets then, and the solid range of forex pairs, make LimeFx a good choice if you are looking for market variety. This includes major, minor, and exotic currency pairs as well as some forex baskets like the JPYBASKET which is a Yen index. The InvestinGoal team has gone in-depth on LimeFx to provide the clearest possible insight on all key areas of the broker including security, costs, account types, and more. Yes, LimeFx is well-regulated and provides negative balance protection for retail clients under selected regulated entities. LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFx, there are 42 country-based numbers one can call from.

LimeFx Web Trading Platform – Trading Station

Although it can be helpful, new traders should complete their education with a real money account before becoming overly confident. LimeFx provides an amazing platform selection with 6 different popular choices being TradingView and Trading Station (their proprietary one) the best ones. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements.

All financial transactions occur in the secure back office of LimeFx, MyLimeFx. The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices. LimeFx caters to most international traders, including residents of UK, Australia, South Africa, and Malaysia. Like most international brokers, LimeFx does not accept US traders.

Because of the range of platforms offered by LimeFx, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek. LimeFx is one of the most trustworthy platforms for binary trading and investment. But if the trader or investor is from Europe, the minimum deposit to be made is $500. On the other hand, ActiveTrader accounts require a minimum deposit of $25,000. LimeFx provides traders with its proprietary Trading Station, the MT4 trading platform and ZuluTrade. It also maintains six specialty trading platforms for algorithmic traders and Capitalise AI.

LimeFx offers bank wires, credit/debit cards, Skrill, Neteller, UnionPay, and cryptocurrencies. Only the Bermuda subsidiary supports them, while all others have fewer options. LimeFx ranks among the most competitive brokers industry-wide, especially for high-volume traders using algorithmic trading solutions. LimeFx is fully committed to automated trading solutions, professional traders, and institutional clients. LimeFx provides four free API solutions for traders across the spectrum to develop automated trading solutions that communicate directly with the LimeFx trading server.

For this reason, LimeFx Broker offers you a direct minimum deposit. The online broker you use first uses the minimum deposit to check. For this reason, https://limefx.group/ the LimeFx broker allows you to make a direct minimum deposit of $ 50. You are instructed to make this minimum deposit to check with the LimeFx broker.

Electronic wallets are also supported, like Union Pay and Neteller. One of the conditions offered by an online broker is the minimum deposit. The minimum deposit is a helpful investment for first-time clients at the broker. Minimum deposits play a very important role in the investment of the customers as it allows them to invest much less money. The broker LimeFx currently offers trading with a minimum deposit.

His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch. LimeFx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from LimeFx traders and trading data accrued from over 10 years to meet the needs of their clients.

Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts. Market analysis tools consist of the standard tools most brokers offer. This includes an economic calendar, live forex charts, and the latest market news. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with LimeFx’s active trader account are cheaper than they may appear when you compare with other brokers as LimeFx off lower commission fees. The overall lowest spreads are offered by IC Markets in our head-to-head comparison.