LimeFX Review 2024 Expert Findings Reveal Key Pros & Cons
Before making financial investment decisions, do consult your financial advisor. LimeFX minimum deposit is a thing, however – and that minimum deposit is $100. In other words, if you’d like to trade cryptos on this platform, you’re going to have to make a LimeFX minimum deposit of 100 bucks. If you’re just starting out with crypto, 5 coins might actually be just enough! This is especially true if you only want to concentrate on the main crypto assets on the market, such as Bitcoin or Ethereum.
Personal account security on LimeFX is strengthened by two-factor authentication (2FA). The broker can also restrict account access if it believes security has been breached. LimeFX provides access to a free demo account that facilitates risk-free investing practice. The sign-up process for the demo account is much faster than the live account registration. LimeFX is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. As a CySEC-regulated broker, the verification process includes a questionnaire that collects data per regulatory requirements enforced by the ESMA.
Mutual Funds
We provide our members with courses of all different trading levels and topics. On our site, you will find thousands of dollars worth of free online trading courses, tutorials, and reviews. Feel free to ask questions of other members of our trading community. We realize that everyone was once a new trader and needs help along the way on their trading journey and that’s what we’re here for. We could charge more, but we have a pay it forward, give back mentality.
Crypto Purchases with a Credit & Debit Card / Bank Transfer
LimeFX supports various deposit andwithdrawal methods, limefx broker reviews including wire transfers, credit cards, PayPal, Skrill, andNeteller. Funding is immediate for most methods, with the exception of wiretransfers. Withdrawals typically take 2-3 business days, though Skrill andPayPal may process within the same day, and credit card withdrawals can postwithin 5-10 minutes. As the financial realm continues to evolve, so does the need for superior trading tools. LimeFX’s platform unfurls a tapestry of innovative features tailored to empower traders.
Building a Knowledgeable Trading Community
LimeFX has a wide range of markets to invest in, including various securities and derivatives. Traders placing a high volume of positions will also find the fees very reasonable. LimeFX is owned by Lime Trading (CY) Ltd, which is regulated by CySEC and ESMA. It is also a member of the Investor Compensation Fund, which provides additional protection to customers should the broker be unable to meet its obligations. There is currently an MT5 Global special promotion on LimeFX that offers discounted commissions on futures from £0.50 per contract (compared to the standard $1.50 per contract). We were pleased to see that the company’s online website is owned by LimeTrading (CY) Ltd, which is regulated by the reputable Cyprus Securities and Exchange Commission (CySEC).
- LimeFX offers traders a robust customer support infrastructure.
- MetaTrader 5 is offeredwith LimeFX’s MT5 Global account and can be used as a desktop, mobile, orweb app.
- You then choose an investment portfolio and let the robo-advisor provide advice and services.
- In this section we’ll show you how to open a live trading account with LimeFX.
LimeFX Review: A Forex broker with numerous tradable instruments
It complies with ESMA guidelines and MiFID II, and the Cyprus investor compensation fund protects deposits up to 90% with a €20,000 limit. My review did not uncover misconduct, scam, or fraud, and I confidently rate LimeFX as a legit and safe Forex broker. I like that LimeFX offers eight trading platforms, which ensures traders and investors get one suitable for their preferred strategy. The choice of trading services is also excellent, offering clients four competitive methods for portfolio management. In this review of LimeFX, we’ll discuss the broker’s safety policies and regulations, trading platforms, account types, trading fees, and more. In addition, we’ll guide you through account opening step-by-step.
This means the broker effectively acts as a middleman to give traders access to the forex market. We put all of the tools available to traders to the test and give you first-hand experience in stock trading you won’t find elsewhere. Each day we have several live streamers showing you the ropes, and talking the community though the action. We don’t care what your motivation is to get training in the stock market. If limefx company reviews it’s money and wealth for material things, money to travel and build memories, or paying for your child’s education, it’s all good. We know that you’ll walk away from a stronger, more confident, and street-wise trader.