All accounts are available as swap-free Islamic accounts for Muslim traders. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. We may receive compensation when you click on links to products we review. LimeFX forex prioritizes the security and protection of its clients’ funds. As a regulated broker, it adheres to strict financial guidelines and employs robust security measures, including segregation of client funds, SSL encryption, and two-factor authentication.
Commission fees are levied on the Raw account for up to $3.5 and Zero Account from $3.5, respectively. Both Pro and Standard accounts are free of any commission charges. LimeFX brokers also charge an overnight fee if positions seem to be held for more than a day. Each instrument has its fees based on these overnight or rollover positions. The Social Trading mobile app is a platform that allows investors to replicate active traders (also known as strategy suppliers) to profit from profitable transactions.
LimeFX Professional Accounts
From another cryto wallet , the customer support does not reply promptly , nor provides a viable solution . The broker will respond to execution of your order in about 2minutes(especially in news time) I do not recommend at all!!!! The lag is by far the worst in the whole industry, withdrawal of funds is a huge challenge, generally, I do not recommend at all. LimeFX does not at this time (2023) offer a Sign-Up Bonus, Welcome bonus, or the advantage/profits of a no-deposit bonus with first-time sign-up or account registration.
The main information on the website is available in more than 10 languages, while the customer service itself is supported in 15 languages. That is why it’s best to check the availability of each language before you contact the broker so there won’t be any. You can also just go to the Help Center section on the website to find answers to commonly asked questions. At the moment, LimeFX does not actively provide any bonuses or promotions. Many forex traders would find this highly favorable, especially with the addition of seven cryptocurrencies and twelve commodities.
The minimum deposit for all accounts is typically no more than USD 10 if you use certain payment methods (which LimeFX has a lot of). Then they are regulated by a number of global authorities, making them very reliable. Can no longer trade on retail accounts as their services in that region now focus on B2B.
Is LimeFX an Islamic broker?
LimeFX offers Islamic swap-free trading on 2 trading account levels.
Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. CFDs and other derivatives https://limefx.club/ are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. However, customer service agents are available to users in the 130+ countries where LimeFX operates.
LimeFX Broker Review – 18 Key Point Quick Overview
All these documents should contain the same details as fed into the registration form by the trader otherwise, the account will stand inactive. Once all the paperwork is done, an auto-generated email will be sent on behalf of LimeFX to the trader’s email inbox to confirm that his account is active. The trader, however, does not need to reply to this mail received at his email address as this is an autogenerated one. Swap rates particularly those on leveraged overnight positions are applied as mentioned in the Client Agreement.
- Deposits are processed within 30 minutes and withdrawals within 24 hours, ensuring quick availability of funds for traders.
- The LimeFX Academy provides courses to educate about forex trading.
- Regulated in the EU, LimeFX provides multiple types of accounts and are Standard Cent, Standard, Pro, Raw Spread, & Zero and also offers Islamic account (Swap-free).
- Information, which we discussed during reviewing the company, says that LimeFX is a trustworthy broker.
LimeFX offers EPS, cryptocurrency, bank cards, local payment systems, and internal transfers. LimeFX forex broker review suggest that it has an education feature for the newbies and experts. They offer educational services for their traders via various means such as the academy, video guidance, analysis, and market news. LimeFX standard limefx review account is a commission free account, which is a perfect fit for all types of traders, from beginners to experts. This account includes stable LimeFX spreads, market execution, and no requotes. There are several electronic payment systems (EPS) available at LimeFX, including Skrill, Perfect Money, Neteller, WebMoney, and Sticpay.
LimeFX Available Instruments
However, LimeFX only provides the most basic versions of each platform and does not have any third-party add-ons that could enhance your trading experience. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,
anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools
to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned
What’s more, there is a Standart account, which is the most popular and it fits all types of traders. Broker companies, nowadays, are essential for the relations between trader and buyer. One of the famous and high-quality broker companies is LimeFX which provides its customer with well-developed service.
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.