LimeFX Review 2023 Must Read Review With Expert Analysis
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- On 28 juillet 2022
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Millions of traders have opened an account with the firm in the last 15+ years, including aspiring investors in the UK. LimeFX offers reliable customer support, available around the clock in 17 languages. LimeFX has a low minimum deposit of £1 which will appeal to beginners. When we used LimeFX, we felt the WebTrader solution was the best fit for beginners. No software download is required and users can open and close trades with a few clicks.
This comprehensive approach allows us to recommend the best brokers for different experience levels, trading styles and budgets. There is no charge to make a deposit, however, third-party bank charges may apply. LimeFX supports multiple mobile applications making trading on the go a seamless experience. The company is regulated by the British Virgin Islands Financial Services Commission (BVI FSC). LimeFX does not hold a license with the UK Financial Conduct Authority (FCA), however, the firm segregates traders’ funds from company money. Once you reach the section you need, you will be transferred to a secure transaction area for processing deposits/withdrawals.
- LimeFX is a CFD and forex broker established in 2007 by the InstaFintech group.
- For more experienced investors, there are daily market insights from over 30 forex analysts, news reports, technical overviews, and forecasts.
- The browser-based terminal can be used to make tick trades with 6-digit quotes and an intuitive look and feel.
- While using LimeFX, we were pleased with the low minimum deposit requirement of just £10 to get started.
- Note, you will be unable to make a payment until you have completed the account verification process.
https://limefx.name/ is a global broker well-known for its welcome bonuses and trading promotions. UK traders can take positions on 300+ instruments through the MT4 and MT5 platforms, plus a proprietary WebTrader. This LimeFX review will cover how to deposit to a live account and place a trade. Our experts also evaluate the account types, minimum deposits, client cabinet features, login security, market access, and fees. LimeFX offers a range of welcome bonuses and trading contests to new and existing users. The $1 minimum deposit and free demo account will also appeal to beginners.
Should You Trade With LimeFX?
Our experts also factor in their hands-on testing experience into broker ratings. Two-factor authentication (2FA) can also be enabled when logging in to trading platforms. In addition, you can view the IP addresses that access your account so you can monitor client area logins. UK traders benefit from access to the broker’s copy trading terminal; ForexCopy.
MT5 also offers Level II pricing, an integrated economic calendar, plus strategy backtesting. There is also no negative balance protection and some of the broker’s bonuses come with tough volume requirements. While using scammed by limefx, we were pleased with the low minimum deposit requirement of just £10 to get started. As well as a good way to get to grips with trading platforms, they can be an effective way to improve trading skills and win prizes.
Mobile App
With competitive fees and a huge range of available assets, the brand offers safe and reliable trading. Millions of traders have opened an account with the firm which offers a suite of active trading and investment opportunities. This includes 24/7 customer support, copy trading, access to 300+ instruments, plus limefx scam a choice of third-party or proprietary terminals. Other charges to take into account include a £5 monthly fee after six months of no account activity, plus swap fees for positions kept open overnight. In addition, UK traders may have to pay conversion fees because the broker does not offer a GBP trading account.
Deposits and withdrawals are processed by the broker between 8 AM and 5 PM (UTC+00) Monday to Friday. We provide you with a great opportunity to start forex trading with the incredible StartUp Bonus without your own investments and account verification. The offer is available to all new clients of LimeFX and those traders who made no deposits within the last six months. LimeFX does have some good points going for it; a range of account types and platforms, responsive customer support, educational content, and 300+ instruments. However, the lack of FCA regulation and licensing may deter UK traders. Users can download the proprietary MobileTrader app to iOS and Android (APK) devices.
Non-stop trading
It allows users to duplicate the orders of ‘professional’ traders whilst remaining in full control of funds. The tool is fully customisable meaning you can manually stop, pause or restart copying with the click of a button. LimeFX offers high-speed virtual private server (VPS) connectivity. The server provides 24/7 market monitoring and trading without delays or interruptions.
While using LimeFX, we found spreads are the most competitive with the Eurica account, which offers spreads from 0 pips plus a £3 commission. In contrast, spreads on the Standard and MT5 accounts are about 3 pips, though we were offered the GBP/JPY at 7 pips. Yes, LimeFX regularly offers financial rewards and bonus incentives. Previous deals have included a £500 new account startup bonus and a £1500 welcome login bonus.
Platforms
Prices range from $4 per month to $17 per month depending on your account balance and server type. Although it is good to see some regulatory oversight, this is an offshore entity, with relaxed joining stipulations and limited business control. UK traders should be aware that this licensing is not top-tier, and customer safeguarding may not be as prominent as seen by FCA-regulated brokers.
You just need to open and top up a live trading account and fill in the application form. You can withdraw all the profit from bonus funds without any restrictions. UK traders can fund accounts using credit and debit cards, wire transfers, plus cryptos such as Bitcoin.
The MetaTrader 4 and MetaTrader 5 terminals are also both available as mobile-compatible apps. However at the time of writing, both applications are only available to download on Android devices due to Apple App Store restrictions. LimeFX also offers the popular MetaTrader 4 and MetaTrader 5 platforms. LimeFX offers UK traders three primary platforms; MetaTrader 4, MetaTrader 5, and a proprietary WebTrader. LimeFX is a CFD and forex broker established in 2007 by the InstaFintech group.
Does LimeFX Offer A Good Range Of Payment Methods?
This all-in-one solution allows clients to manage accounts, open and close positions, analyse the markets, and access live news streams. The 55% bonus is awarded for every replenishment of your trading account. The bonus is valid for every deposit no matter how much you have earned or lost in previous deals. LimeFX is regulated offshore by the British Virgin Islands Financial Services Commission (BVI SVG).
Расположение на карте LimeFX (Инстафорекс)
Depending on current availability, offers can include a 30% to 100% welcome deposit bonus, a demo contest, and monthly participation in a deposit rebate scheme. For more experienced investors, there are daily market insights from over 30 forex analysts, news reports, technical overviews, and forecasts. Dividend calculators and profit & loss forecasting tools can also help with trading decisions. In addition, LimeFX TV has several interviews, trade breakdowns, and strategic guidance.
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