The broker’s financial reports are verified by Big Four accounting firm Deloitte on a quarterly basis. These reports are then published on LimeFX’ website for public viewing. Leverage trading makes it possible for you to potentially earn substantial profits without investing a large amount of capital. However, since both your profits and losses are calculated based on your full position size, the use of leverage can also amplify your losses. The online trading industry requires particular knowledge and skills to gain success and increase invested capital.
To use Bitcoin as a payment method, traders are required to set up an LimeFX Bitcoin wallet, which can only be used for internal transfers, deposits and withdrawals. With its constantly-improving trading conditions and multilingual customer support, LimeFX has bent over backwards to offer its customers the limefx ultimate trading experience. LimeFX customers are free to use the Trader’s Calculator regardless of their account types and the financial products they are trading. The LimeFX withdrawal system is automated, meaning traders can access their funds instantly without the involvement of financial specialists.
Expert Advisor is the program that is usually installed on both MT4 and MT5 trading terminals. By doing this, the trigger alerts that are set for certain parameters will give instant trading actions and notifications to the user when the required market conditions are met. LimeFX offers comprehensive research in both video and written formats and excellent trading tools, including a standard VPS service, TradingView, and Trading Central’s indicator service.
That superiority becomes even more apparent when you look at the fact that there are 13 language options. You can reach their team via phone, email, or the integrated live chat feature. Getting an account is cheap and painless, with quick registration and verification processes.
LimeFX offers a free VPS service for all traders who deposit at least 500 USD. A Virtual Private Server (VPS) is a remote terminal solution that benefits from reduced latency and downtime, as it is unaffected by power cuts or computer https://limefx.group/ crashes. Even when the trading terminal is closed, the LimeFX VPS will keep trading. The account opening and verification process at LimeFX is fully digital, and accounts are ready within 48 hours, which is about the industry average.
Is it easy to withdraw from LimeFX?
On LimeFX' side all withdrawal requests are processed instantly. Your withdrawal request is then sent to our card processors and your bank, and the whole process can take from 7 to 10 business days for the funds to be reflected in your bank account.
What needs to be mentioned is that all the operations are performed with a 128-bit keys encryption system that guarantees information safety. However, payment systems sometimes require an additional fee for their services. Therefore, it is essential to check this information about the method of payment in advance. No commissions are required for financial operations on Standart, Standart Cent and Pro accounts. Sometimes selected banks can request a transaction fee for their service.
What is LimeFX? What Do We Know About LimeFX in Singapore?
When it comes to Professional account types, experienced traders are preferable to use them. The main subtypes are Pro Account, Zero Account, and Raw Spread Account. International Forex Broker LimeFX offers available, reliable, and high-quality brokerage services with innovative fintech solutions to private and institutional investors. The management activity, performance transparency, and other aspects of the company have appealed to traders globally so far. Therefore, LimeFX has been rewarded for excellent brokerage services, customer satisfaction, trading technologies application, etc.
Traders can also take advantage of the availability of leverage at LimeFX. They can gain full exposure to the markets by putting down a margin deposit that takes up a fraction of the full value of their position. Unlike traditional investing, LimeFX’ trading products enable you to potentially gain from both rising and falling markets. LimeFX doesn’t charge any commission for transactions related to cfds trading in particular accounts. The commission is charged for the Raw account (up to $3.5) and the Zero Account (from $ 3.5). WebTerminal is a browser-based trading terminal that supports the same features as the desktop version of MT4 and MT5.
It have saved me many times from being…
Its holders can trade as many as 36 currency pairs and metals available at LimeFX. LimeFX’ customers can enjoy trading a range of the world’s most talked about financial assets, including forex, energies, cryptocurrencies, metals, indices and stocks. LimeFX’ transparency and licences are indicators of reliability and a safe and secure trading environment.
- The commission for cryptocurrency trading is also relatively lower than other brokers.
- The LimeFX Pro account enables traders to enter the market at their requested price by featuring instant execution.
- Education is not available, but LimeFX targets experienced traders, making the absence of educational content irrelevant to the business model of LimeFX.
- LimeFX Group provides diversified types of accounts meeting the customers’ preferences in bidding.
- See some of the examples below for a better understanding of LimeFX costs and comparison with other brokers, as well compare fees to another broker FBS.
It is important to note that the information provided in this review may be subject to change due to the constant updating of the company’s services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
Finally, LimeFX Forex Broker is apt for beginners to begin their trading journey. Though it has not expressly marketed itself, this award-winning platform is widely recognized throughout the world. The website operating in 14 languages proves the mark it has made in the trading industry and is well known across the world. Currently, LimeFX does not provide any bonus programs as it is not in line with LimeFX’ core ideological values.
How long has LimeFX existed?
The LimeFX Group is an international, award-winning retail forex broker founded in 2008. With a deep understanding of traders' needs, the forex company provides accessible, stable, and reliable brokerage services through the use of modern trading and investment technologies.