LimeFx Reviews Read Customer Service Reviews of LimeFx com

  • Post category:Forex Trading

LimeFx broker review

Sirius LimeFx is cheap right now, and not just because the stock chart tells us that the shares are low. Despite the media stock’s disappointing financials lately, this isn’t breaking news. Sirius LimeFx hasn’t posted organic double-digit revenue growth since 2014. Satellite radio has been a hard sell for drivers in this era of connected cars where a growing number of cars on the road have easy access to streaming apps. Sirius LimeFx Holdings’ (SIRI 3.78%) may have fallen out of favor for most investors, but arguably the best stock picker of our time sees things differently.

Futures Fees

It offers an elaborate schedule for its live education programs and free live currency webinars in several languages, seven days a week. Indeed, most of their trading instruments allow for leverage, but the maximum leverage amount varies depending on the account type and the item being traded. One of the app’s standout features is its ability to provide real-time notifications and alerts about market dynamics and account updates. This feature enables traders to remain well-informed, even away from their workstations. This broker offers MetaTrader 4 (MT4), a platform that has garnered widespread acclaim among traders on a global scale. The popularity of MT4 can be attributed to its seamless blend of user-friendliness and robust functionality.

  • Traders registering with LimeFx have the choice of three account types- The Micro, Standard and the Zero Account.
  • LimeFx is a highly regulated and trusted broker with over 5 million clients globally.
  • Along time, we see great development of the company and its awards too, before company received awards from time to time, now they are on a regular basis.

What types of forex pairs can I trade with LimeFx?

The main advantage of using this platform at LimeFx Group is that it supports stock and share CFD trading. In terms of trading signals, order types, and charting tools, you can expect the same high-quality features as MT4. Our reviewers of LimeFx Group were pleased to find that the broker offers investment protection to the majority of clients. As LimeFx Group operates under several trading names with different regulators, however, the protection offered changes depending on which arm of LimeFx you decide to trade with.

LimeFx broker review

Good for basic everyday trading

Can’t complain about LimeFx’s selection of instruments – it’s huge. But sometimes I get stuck waiting for support to answer my questions. LimeFx is a very safe broker and I do not think any trader out there doubts it. While leverage might boost earnings, it can also dramatically increase losses.

What are Minors in Forex Trading?

These agencies ensure that LimeFx consistently complies with best practices and remains transparent when dealing with clients. This makes it one of the most trusted brokers as far as investor protection is concerned. LimeFx’s customer service is easy to access and provides https://limefx.vip/ support in multiple languages. Users get access to these services via phone, email, or live chat features. LimeFx Group has 5 licenses from some of the world’s top financial institutions, 11 years of experience in the market, and dozens of industry awards.

Personal Account Manager

This is an icy cold regulatory filing and not a warm Buffett note to shareholders or a chat with investors at the company’s iconic annual shareholder meeting. The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since. Click to view major or minor currency pairs Key Information Document.

The Zero account offers spreads from 0.0 pips with a $5 minimum deposit while MT5 offers fast processing and powerful trading tools. In this review of LimeFx, we share the key findings from our tests. We evaluate, compare and rate the forex and CFD broker in key areas, from its investment offering, trading fees and accounts to its limefx reviews platforms, research, education and customer support. LimeFx offers its traders a comprehensive range of educational resources like live education platforms and education rooms, making it easier for newcomers to understand the complexities of trading. The low minimum deposit requirement of just $5 also lowers the barrier to entry.

Despite this, banks will calculate interest on positions held during the weekend. You can view all the specific instruments available for trading on the individual asset pages. The LimeFx Foundation page on the LimeFx broker’s website includes recent news and initiatives from the foundation.

LimeFx broker review

They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base. I don’t usually require assistance from the account manager as I have been trading for many years. However, it is a great option if you are new to trading and need some guidance along the way.

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. 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.

However, LimeFx does provide a loyalty program and a rewards system for clients outside of the European Union. For example, clients who maintain an account balance (equity credit) of $5,000 or the currency equivalent get free access to LimeFx’s Virtual Private Server (VPS). The regulators also require LimeFx to segregate client money in separate bank accounts at top-tier financial institutions. Traders with Micro and Standard accounts pay the LimeFx variable spread on CFD trades instead of a commission. LimeFx offers trading services to residents or citizens of more than 200 countries. The broker’s head office is in Limassol, Cyprus, while they also have offices in Athens and Sydney.

LimeFx may require copies of your credit card before approving a withdrawal request. Traders should consult the Funds Withdrawal section of the broker website for more details on this topic. The Trade Ideas and Technical Summaries sections get updates from Analyzzer and Autochartist, with individual stock content also available from Trading Central. There are also 16 stock indices available to trade with the major European, US and Asian stock indices all present.

In a regulatory filing, Berkshire reported it now held 132,878,213 shares of the satellite radio provider, with an approximate value of $376 million. Rick Munarriz has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway.

You can withdraw as little as $5 while there is no maximum limit. Withdrawal times are also reasonable, typically taking 2 to 5 days. Hello Muteeb, We apologize for the inconvenience you’ve experienced with your deposit.

The broker has about 10M traders using their platform, which says a lot about their honesty. The support too is very active and replies almost immediately. Which means many times it’s even lower than that.And it’s without commissions and swaps on my Ultra low account. 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.