They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. LimeFX has an attractive offering of high-yield/risk instruments, such as share CFDs and cryptocurrencies. This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action. However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure.
Available Trading Platforms on LimeFX Broker
- Both deposit and withdrawal processes areprotected with the latest SSL encryption and other security technologies.
- Whether you’re into forex, metals, futures, commodities, shares, or indices, LimeFX has got you covered.
- LimeFX does not list minimum deposit or withdrawal requirements and does not levy internal fees.
Regarding safety and security, LimeFX isregulated by the Seychelles Financial Services Authority (FSA). In addition,client funds are kept in segregated accounts in top-tier banks, and their personal information is guarded under SSLencryption. CFD prices are commonly found as a double price quotation called the bid and ask prices.
IUX Review
The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning LimeFX’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. LimeFX offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into LimeFX’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms.
How long does it take to withdraw money from a LimeFX account?
Here, we focus on how long the broker has been in business, how big the company is, and how transparent it is in terms of readily available information. Client support was good, over all the experience was ok, I asked for a refund and got it. I recommend beginners start with the LimeFX video lessons before funding a LimeFX account. I also urge beginners to seek in-depth education from third parties to deepen their foundation and avoid paid-for courses.
Trade with competitive spreads
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Note that withdrawals can be made only using the same method used to fund the account. The values listed below limefx forex broker are for one full contract (100,000 units) of the base currency.
In addition, the broker’scustomer service team is readily available 24/5 so that traders can get theirqueries addressed quickly. Both deposit and withdrawal processes areprotected with the latest SSL encryption and other security technologies. Asthe broker is regulated, clients need to complete their KYC that is in linewith the Seychelles Financial Services Authority. LimeFX offers a wide range of payment methodsfor deposits and withdrawals. Clients can use credit/debit cards, limefx website bank wiretransfers, and e-wallets for making deposits and withdrawals.
Close to this list and it’s definitely better than average platform with a couple of assets, one account and no extra services. Here is nice copy trading functionality, big academy for those keen on learning trading stuff, favorable pricing and many more things. Versatility and quality are those pillars that ensure good development of a company and its fame in the community.