The broker hasn’t stipulated a minimum withdrawal amount, so you can withdraw funds as much as you like. The average time the company takes to release your funds via card payments and e-wallets is one business day. However, bank transfers can take up to 5 business days to reflect in your account. While you can trade a minimum of 1 share, the spread charge on trading shares depends on the concerned exchange.

Does LimeFx offer leverage and what is the maximum ratio offered?

You can find the step by step process of how to open an account with LimeFx in this review. While sharing personal experience with LimeFx, a Quora member said that he had been using the broker for more than three years and never faced any issues. According to him, the company charges higher commissions than most other brokerage firms like Coinexx etc. A stock market allows investors to buy and sell securities while enjoying low-risk exposure.

About the Editorial Team

At the time of writing, there are 12 documents in this section, all available for download as PDFs. The currency converter enables you to convert to and from various currencies by using live currency rates. LimeFx Group are transparent and fair with focus on the client, you even get your own personal account manager who is there for you https://limefx.club/ to assist should you need them, other than that, they won’t bother you. Whatever your interests, chances are you will find something to trade. However, LimeFx Global does not offer cryptocurrencies or their derivatives. If you are looking to trade cryptocurrencies with all other benefits, Markets.com might be a good alternative for you.

1. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
2. The firm’s flexible account types cater well to the trading needs of new and seasoned professionals.
3. You do not pay an additional commission on the standard account is it is already accounted for within the spread.
4. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side.

LimeFx Vs HotForex Vs Markets.com – Broker Comparison

With a wide range of trading instruments available from a single multi asset platform LimeFx makes trading easier and efficient. Furthermore, the LimeFx Group support team is second to none, with 24/7 live chat available which from my experience give very accurate and prompt responses. I believe that LimeFx Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution. The trading model that they incorporate ensures that they are one of the best brokers that you can choose when it comes to favourable trading conditions, regardless of your previous experience or investment size. This combined with strong regulation and a human approach, makes LimeFx Group one of the best trading brokers available to traders worldwide. I have had an account with them for many years and they’ve never let me down.

Deposit and Withdrawal Fees

This gives them the freedomto use different trading methods and tactics based on their needs and the stateof the market. LimeFx shows its partners howmuch it appreciates their hard work in promoting the business by giving thempoints based on how much their suggested client’s trade. LimeFx charges anaccount inactivity fee of $10 per month after 90 days. LimeFx charges no additionalfees on deposits or withdrawals except where an amount of less than $200 ismoved by wire transfer. Our research indicates that LimeFx Group is a highly recommended choice for forex and CFD trading. Founded in 2009, it has garnered a strong reputation in the industry.

Forex Account Types

Its philosophy is to earn loyalty as a way to ensure the satisfaction of clients. The pinnacle of the seminar will be the practical application of multiple time frames and the use of volatility to find the best instruments to trade on a daily basis. Learn about the products and services that the broker offers, get all your questions answered by hosts and enter daily competitions to win exclusive prizes. Via the LimeFx VPS, your EAs will be able to work nonstop, without you needing to monitor them or even have your computer switched on. Clients who choose the MT5 platform have access to a wide range of instruments ranging from currencies, stock indices CFDs, gold and oil CFDs, as well as stock CFDs.

Support is available 24/5 in 14 languages via phone, chat and email. Well, in my opinion, 24/5 support is enough as long as they don’t provide cryptocurrencies trading (which is the only market opened 24/7). LimeFx Group estimate the account opening process to take an impressive 2 minutes to complete. You simply fill out the brief online registration form, verify your email and upload your identification.

The broker provides you with the fully customisable MetaTrader 4 and MetaTrader 5 platforms across all of your devices. Each platform carries its own features and benefits according to the device, but the main trading theme and tools remain the same. The MetaTrader platforms have a very similar look and feel, with the MT5 platform containing more features. There is no fee charged for downloading or using any of the trading platforms. LimeFx facilitates its traders with various trading tools and education to help them become better traders.

On the downside, the broker’s offshore entity operates with less regulatory scrutiny. Traders who sign up with this branch may not receive the same degree of legal protection or safeguards. Withdrawal times are also reasonable, typically taking 2 to 5 days. Note, that access to instruments may vary depending on your location. The account opening process with LimeFx is straightforward and user-friendly. When it comes to trust and security, LimeFx has taken significant steps to establish itself as a regulated and secure broker.

Overall, I think LimeFx is an excellent option for beginners and experienced traders alike. Well suited for clients with low risk-profile and limited funds, the Micro account comes with a minimum deposit of $5. Clients can trade a minimum trade volume of 0.1 lots on both MT4 & MT5 trading platforms. While the spread for micro account holders starts at 1.0 pips, the company does not charge any commission in this account.

LimeFx has a great mobile trading platform, which is offered on MT4 and MT5. The platform is highly user-friendly and provides a great search option. Our other criticism is that the VPS, while offering low latency trading and 24/7 market connectivity, costs $28 per month. This is higher than other brokers we have used, with some firms offering free VPS hosting for active traders. Previous incentives, available to global clients, have included a $30 no-deposit bonus.

There are free and regular intra-day market updates plus technical analysis. There is also multilingual customer support plus Personal Account Managers. This is a great way to get feedback from industry professionals who know what matters limefx reviews the most to traders. We recommend the Zero account and the MetaTrader 5 platform for day trading. The Zero account offers spreads from 0.0 pips with a $5 minimum deposit while MT5 offers fast processing and powerful trading tools.

Deposits and withdrawals through LimeFx Group are easy, fast and convenient. LimeFx Group also has extremely low spreads on the LimeFx Group Zero account with zero requotes (no slippage) and zero rejections – this means you get your trades entered and exited when you want them to. The broker has very flexible leverage options for all forex traders. As the broker provides opportunities for both types of traders, whether they want to bear commission with zero spreads or do commission-free trading with avg spreads. If you are looking for a broker with commission-free trading and the tightest spreads at the same time, Admirals might be an option for you to consider.

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. All live trading accounts provided by LimeFx can be converted to an Islamic Account or Swap-free accounts that do not charge interest to traders who keep positions open overnight. The Shares Account offers Kenyan traders access to a wide range of shares that can be traded.

At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. To sum up, LimeFx is areputable and trustworthy forex broker that offers a wide range of financialproducts, such as currency pairs, stocks, commodities, equity indices, preciousmetals, and energies.