There are no trading bonuses and no deposit bonuses, plus hedging is allowed. Established in 2009, LimeFx has managed to become one of the leading Forex brokers in the world in just a decade. The broker offers traders safe, secure, and diverse trading opportunities that can fit the interests of traders with different levels of expertise and knowledge of the market. One of the biggest advantages of LimeFx is that it has a highly skilled and professional team of customer support agents. These specialists are always able to provide traders with accurate and timely information about the questions they might face. There is a wide array of educational material available on LimeFx.
This is further hampered by the fact that many brokers restrict trading close to news announcements. LimeFx strives to offer a range of learning opportunities for traders of all skill levels. The goal is to give traders the skills needed to make improved trading decisions. LimeFx has already hosted hundreds of these seminars, with even more planned. One of the important characteristics of LimeFx is the company’s strive to remain human and connect with clients. This is why management has visited more than 120 cities worldwide to meet with clients as well as partners.
Pleasenote that deposit and withdrawal methods vary based on client location. The “LimeFx mark-up” on financing charges is not unique amongst brokers but some do not add any fees to the standard tom-next rate formula. We like the zero fees that you get on deposits and withdrawals (except for wires below $200). Inactivity charges are low on the monthly rate but kick in after only a short time.
- 😃 Our vision is to provide a safe, accessible, and user friendly environment for all tiers of traders around the world.
- However, it is a great option if you are new to trading and need some guidance along the way.
- This is prompt and fairly standard across the industry but still a good response.
- LimeFx Group is a globally established and regulated online trading broker.
- Furthermore, LimeFx offers free wiretransfers for amounts over $200, making it easy for traders to gain access totheir money without spending a lot.
- It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
The main difference for Standard Accounts with LimeFx is that 1 lot is 100,000. There is a restriction of 50 lots per ticket and the minimum trade volume is 0.01 lots. Other than this, the Standard and Micro Accounts are essentially identical. The LimeFx Foundation assists with development and access to vocational skills and education via initiating projects. It also provides international aid by working with international and local human aid foundations that are active.
Deposits and Withdrawal
It should not take more than a day to verify your account and get started with your trading activities. As for the contract sizes, there are two options available for traders. First, it is the standard ultra, for which, 1 lot equals 100,000 units of the asset traded. The Micro account can be especially useful for those who have just finished training with the demo account.
LimeFx it call itself Big,Fair, Human the appropriate term for LimeFx is Deviant.Unfair.Inhuman
Taking your first steps at LimeFx is a very easy and user-friendly experience. This process should not take you longer than a day as the broker has adopted modern technology to ensure the verification of their clients is timely and comfortable. When working on the LimeFx rating, we kept in mind that this broker also offers clients an Islamic account option.
KYC Procedure for Account Creation and Depositing
LimeFx Group have partnered with regulated entities for the withdrawal and deposit process for extra client protection. Client funds are kept segregated from the company funds in tier 1 banks to ensure that they cannot be used by LimeFx Group or the liquidity providers under no circumstance. They can give you negative balance protection which means that you are not at risk of losing more than the account balance.
For example, LimeFx charges fees for deposits and withdrawals via Bank Wire below $200. It’s important to check the broker’s website for the most up-to-date information on deposit and withdrawal fees. There are eight videos, covering limefx scam topics such as an intro to financial markets and trading essentials for Primary levels. The Intermediate videos cover fundamental and technical analysis, money management, trading psychology, and trading strategies.
But, in case you have changed your mind, you can contact the representatives of the broker and use a different one. The crypto market can be accessed 24 hours a day, 7 days a week. Among the crypto assets that can be traded https://limefx.biz/ on LimeFx are BTC, BCH, ETH, LTC, and XRP. Digital assets can be great for investors to diversify their portfolios. Indices offered by LimeFx give you the opportunity to have cost-effective and direct access to global markets.
