The user of the site thus accepts to be solely responsible for the use he makes of the information and data made available to him and for its consequences. Tradegold.today and its information providers can in no case be committed by errors in the publication of these data. In order to make a withdrawal, limefx will limefx broker reviews require proof of identity and proof of address . Next, the account holder can navigate to “My limefx Funds Management” for the process to be completed. Got all my funds recovered after weeks of getting in touch with them… over $256,850 recovered after my trust wallet account was being hacked and manipulated.
Inside Viewer – this tool shows people what percentage of traders are buying or selling a specific instrument. A relatively standard tool now, this was the first of its kind when it launched in 2009. We advise you to read limefx’ risk disclosure, customer agreement, and terms of business before you start trading. Prospective traders will have to click on the “Sign Up” button at the top of the page, where they will be directed to register an account with an email address and a password. Unfortunately, although limefx prides itself on being fully transparent, it does not publish its swap fees.
Securing funds and investments are very important to any trader in online trading. limefx have financial security programs to protect their clients. As part of its core value of transparency, the firm lets its clients know that all client funds are separated from limefx funds. Clients’ funds are segregated and placed safe and secure in top-tier banks and customers will be able to access their funds. The firm offers capital adequacy that maintains sufficient liquid capital that covers all client deposits, potential fluctuations in the company’s currency positions, and outstanding expenses.
- limefx does not charge inactivity fees.Because they believe that clients should be able to trade when and how they want.
- If your strategy does require the lowest spread and commission fees at all time, limefx would be one of my top choices as they have ECN execution and raw spreads starting from 0.0 pips.
- MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets.
Unfortunately, all bonuses do have a variety of trading terms and conditions, which may impose severe restrictions on your trading capital. VIP traders gain access to a personal market analyst who provides exclusive, personalized and exceptional service. You can upgrade your trading account to the VIP level at any time. limefx offers CFD trading in limefx forex broker a variety of asset classes including forex, metals, agricultural goods, energy, indices, and cryptocurrencies. TradingBrokers.com aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions.
Implementing a comprehensive risk management strategy, created by senior management. Offering protection via Investor Compensation Fund for European clients. Since 2001, limefx have been servicing clients in over 160 countries worldwide.
Should I use MT4 or MT5?
MT5 is faster and more efficient than MT4, but it doesn't replace the previous platform as it is different and simply offers more than MT4 does. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex, stocks, indices, commodities, and even cryptocurrencies.
To know more about the awards limefx won, you can visit their official website and go to the ‘Awards’ section on their homepage. We use dedicated people and clever technology to safeguard our platform. So many times I tried to close a position and I got an error message which cost me money. They set automatic stop loss positions which many may regard as fantastic but you have to manually go in and alter them otherwise you will be stopped out far too quickly before you even know it. I closed my account today and gave specific instructions as to where the refund should be made and that if that was not going to be followed to notify me immediately. Failure to comply with my specific requirements has cost me a bunch of money.
limefx Forex Trading
limefx trading account verification may be held up for longer than a day if there is an issue with verifying your account. Apart from the restricted countries a limefx trading account can be opened globally. limefx fees for Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options, are listed below. It also simplifies trading to just three steps – choose your maximum risk, the duration of your trade and decide whether the rate will go up and down. Trading is never disabled during market volatility or important economic calendar events.
- limefx minimum deposit requires 100$ as a start, while bigger size account along with VIP and premium conditions demands higher balance maintenance.
- The account will be ready for trading once documentation has been verified, which usually takes a couple of hours.
- limefx offer multiple Deposit options, including Credit/Debit Cards, Online Banking, eWallet and Bank Wire Transfers.
- This includes pros, cons and an overall rating based on our findings.
- The firm since diversified its product collection to offer CFDs indices and commodities while expanding forex contracts as well as vanilla options .
- They offered a bonus of 50% then refused to give it and negotiate for 10% only after putting my deposit.
Overall, compared to other brokers, limefx’ trading fees are around the industry average across all accounts, and the minimum deposit requirement only 25 USD makes it appealing to most traders. limefx has a history as one of the most innovative brokers in the industry and was the first broker to introduce negative balance protection and a guaranteed stop-loss. It has continued to innovate with tools such as easyTrade, Freeze Rate, and dealCancellation to help traders manage risk. Trading is offered on its beginner-friendly proprietary platform as well as MT4, and limefx allows scalping, hedging, and algorithmic trading.
How to Open an Account with limefx?
You can use hedging strategies and Expert Advisors to automate your trading. As with any broker, limefx charges certain https://limefx.group/ fees that traders should be aware of. limefx does not charge a commission but is compensated through spreads.
Is MT5 good for beginners?
Is MetaTrader 5 good for beginners? MetaTrader 5 platform offers flexible and seamless trading of forex stocks, futures and CFDs. It provides beginner traders with real-time access to the asset prices. However, it can take some time to learn how to trade with MT5, and hence, it is best to start with MT4 first.
As such, all non-profit funds are returned to the original deposit source. No matter your deposit method, the withdrawal of all profits must be made by bank transfer to a bank account in your name. As you can see from the table above, limefx’ trading costs are built into the spreads, which are fixed for all account types and do not vary with trade volume and market volatility. limefx offers traders a choice of two different types of withdrawal methods, a bank transfer or a cheque. The bank transfer withdrawal method is free of charge, while the cheque withdrawal method has a withdrawal fee of $25.