In terms of customer support, you can head to the “contact” page that you will find in the main menu of the LimeFX website. You will find a contact form and an international 24/7 customer support telephone number on this page. For cash vouchers, you will find that LimeFX takes no fee for deposits, and for this payment system, you are not able to make any withdrawals. Lastly, they also have the option to use cash vouchers, a nice option that many other brokers do not include.

This allows traders to explore and test the features of each account before deciding to fund a live account of that type. Concluding the LimeFX review, we admit a safe broker offers quality trading solutions. LimeFX provides expanded trading strategies and a certain way of dealing with markets and traders that gained a reliable and respected reputation. Based on our Expert findings, LimeFX is considered a good broker with safe and very favorable trading conditions. The broker offers a range of trading services designed for both beginner traders and professionals with low initial deposit amounts. LimeFX also offers interest-free Islamic trading accounts for Muslims who wish to trade according to the rules laid down in the Quran.

Heading to the “for clients” section in the main menu gives us an overview of the available trading resources and educational material that this broker offers. Looking at the image below, it may seem like there is quite a lot, but further investigation proves otherwise. Unlike other brokers that have many steps that you need to go through in order to complete the registration process, limefx forex broker the procedure for LimeFX is quite straightforward. You would have also been logged into the client dashboard area at the account and quick deposit screen after registration (image above). From here, you will be able to access your account information, open new accounts, deposit and withdraw, etc. MT4 and MT5 are available for Windows, Android, and through a web terminal only.

Traders can easily adjust the charts to show any time frame they want. Regulation is an important requirement of every broker, as it ensures a level of safety of investors’ funds and personal information. LimeFX is regulated by one of the most trustworthy regulatory bodies in the world, making it trustworthy for all kinds of security trading.

How to Open LimeFX Live Account?

Customer service is not immediate but the best that you can get and they won't leave you unseen. I tried to withdraw my initial deposit ($1000) just for the test and I got my money the same day. Currently I use LimeFX together with trading bot, everything is great.

• In the trading world, brokers like LimeFX, have different minimum deposit requirements based on the target audience they are trying to attract.
• The two software packages a very popular throughout the industry due to their great customisability and seamless expert advisor (EA) integration.
• Meet Thadeus, a trading guru, brilliant writer, and financial fanatic with years of expertise in the industry.
• 92% of the brokers in our database (60+) offer Visa/Mastercard, 78% offer Skrill, 70% offer Neteller, and 43% offer PayPal.

Most withdrawals take less than 3 days to go through, except for bank cards which could take up to 10 days. The minimum withdrawal you can make is 0.1 USD, on the PerfectMoney digital wallet. Some other withdrawal methods allow you to withdraw around 1 to 5 USD. LimeFX has special applications on mobile devices for market analytics and real stock trading. They are known as “LimeFX Analytics” and “RoboMarkets Stocks Trader” respectively on app stores.

Commission And Fees Explained

The broker does not provide services to residents of the USA, Canada, Japan and Australia. If you are in a country where they dont accept clients, please feel free to browse our broker ratings for an alternative option. LimeFX withdrawal fees vary on payment method.LimeFX doesn't charge inactivity fees. Stocks, currency and other commodities and instruments will be brought or sold by LimeFX even if no buyer or seller is lined up. Explore the LimeFX platform and train yourself to think systematically and logically about the markets. Furthermore, learning how to mitigate and manage investment risk is crucial.

Though trading with offshore brokers is not advised due to the lack of regulations, the additional license helps position LimeFX as a safe bet. LimeFX applies negative balance protection which secures your deposits from losses. This means that finding a regulated, trustworthy broker should be at the top of your list. In this review, we will help you understand the fees involved, which research tools you’ll have access to, and of course, the range of assets available. There are particularly good trading conditions on the Prime, ECN, and R StocksTrader accounts, and the accounts offered overall are diverse. LimeFX’s copy-trading system CopyFX and bespoke Partner program differentiate the company decently from its competitors.

By doing so, traders can trade with peace of mind, knowing that LimeFX losses are limited to the funds available in your LimeFX account when negative balance protection is in place. LimeFX provides a demo account that enables individuals to explore trading before investing their funds. By creating a LimeFX practice account, users can gain experience and knowledge of how to trade effectively.

LimeFX Verdict

You can learn more about LimeFX, and see all of the LimeFX account features on the official LimeFX website. It's important to note that LimeFX requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps LimeFX maintain a trustworthy financial environment for its 1,000,000 users. Detailed information on the LimeFX trading platforms is available on their website. The LimeFX MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system.

The reason that LimeFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, LimeFX has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, LimeFX must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

FSC Belize follows the international AML (Anti-money laundering) policy. You may lose your funds if you try to create an account as a US citizen. LimeFX is both a market maker and ECN broker, depending on the type of account you choose to use. One person’s review mentioned how LimeFX scammed them limefx by changing their login details and stealing their funds. Another person said LimeFX flipped charts when they were trading, causing them to lose $50,000. The broker is headquartered in Belize in Central America and has a license to operate within Belize and in many other countries worldwide.

I have been working with LimeFX for…

These documents can be a proof of identification such as a passport or drivers license and a proof of address such as a utility bill. Once your documents have been verified, you will be able to fund your trading account and commence trading. Swap free Islamic accounts that comply with Sharia law are available upon request.

LimeFX client support can be reached via live chat, email, phone, or fax. Our LimeFX review informs that the support is available in 15 languages. Alongside the above-mentioned live accounts, LimeFX also offers its Muslim traders a swap-free account, which entirely removes interest charges from overnight trades. Otherwise, the Islamic account is identical to its live counterparts.

LimeFX charges a small percentage for withdrawals through a few methods, like China UnionPay (1.8%), Local bank transfer (up to 4%), etc. LimeFX also offers a free funds withdrawal program twice a month (on the first and third Tuesday of every calendar month). On these days, traders can withdraw completely free using any payment method only once a day. Spread is the difference between the bid and ask price of a financial instrument. On LimeFX, the spreads for different forex pairs and commodities differ depending on the asset and account type.

The payment method employed for funding your account might also incur a fee. It's recommended that you check the LimeFX website before signing up. If you decide to close your LimeFX account, it's important to https://limefx.group/ do so with the LimeFX broker customer support and obtain confirmation that no remaining LimeFX fees are due. LimeFX requires a minimum deposit of 10 GBP/USD/EUR when opening an LimeFX trading account.