Withdrawal can be done by card, Bank Wire or Skrill, Neteller and in Australia by Electronic Funds Transfer and Union Pay. While there are no withdrawal requirements, there are fees when using Bank Wire and Union Pay. While there is a wealth of material for forex, education is lacking when it comes to CFD education. LimeFx is regulated by top-tier bodies, including the EU Financial Conduct Authority (FCA) and Australian Securities and Investment Commission (ASIC).
If you are a high-volume investor, then the Active Trader account may be for you. This account offers LimeFx’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market. LimeFx provides a comprehensive educational centre covering beginner and experienced trader education. The introductory materials are available before registration, but users must register to access the advanced ones. Moreover, the broker provides regular webinars for updates on the latest market developments. Traders are also given opportunities to learn by challenging each other through contests with prices of up to $10,000.
How long does it take to withdraw from LimeFx?
He has an inside knowledge of how the financial markets work, thanks to roles including trader on a $750m Event-Arbitrage desk and CRO and COO of hedge funds running a variety of strategies. From stat-arb and trend-following CTA to fixed-income limefx broker reviews relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. The mini account adopts a market maker trading approach while the Standard and Active Trader accounts are STP+ECN.
This broker provides a wide range of tradable instruments and has competitive pricing. LimeFx charges tight spreads plus a commission for Standard and Active Trader accounts. Also available is a Mini Account, which offers fixed spreads with no commissions.
I usually speak to the German customer support but as I am English speaker they also speak very good English. Sanjay always tried to fix my things (If there is anything to fix). LimeFx take care of the “little” traders as well as the Professional.
- The platform offers a wide variety of advanced analytical and charting tools and is connected to a myriad of third party trading tools.
- As explained earlier, LimeFx charges tight spreads plus commissions for the Standard and Active Trader accounts.
- Moreover, the page comes with a search box to help users navigate easily.
- From the moment you submit and confirm the request to withdraw money from your account the accounting department typically processed and confirms withdrawal within 2 business days.
While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well. MetaTrader 4’s reputation and reliability make it a sound choice for all traders. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. This is LimeFxs offering to all clients who don’t qualify as an Active Trader. This account is a commission-free account, which means the trading costs are included in the spreads. This explains why spreads are wider than commission-based accounts such as the Active Trader account.
See How LimeFx Stacks Up To These Brokers
Moreover, LimeFx appears to provide excellent customer service. Creating an account with this broker is also quite straightforward. Like with most competitors, traders must go through the KYC process when registering with LimeFx. The only drawback with this broker is that users may have to wait for up to 48 hours for their ID to be verified. LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFx, there are 42 country-based numbers one can call from.
We see this working holistically, pulling in the audiences built from social media, PPC and organic traffic (newsletter signups, etc) and segmenting them out in order to best maximise their individual potential. From the moment you submit and confirm the request to withdraw money from your account the accounting department typically processed and confirms withdrawal within 2 business days. Nevertheless, allow your payment provider to add on some working days to process the transaction as well. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
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However, it is always essential to take into perspective all costs when choosing a broker. LimeFx appears to be the right choice for short-term positions. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
LimeFx Standard Account (Available To All Clients)
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69.66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The broker offers three types of accounts, namely the Mini, Standard, and Active Trader account.
If you ever need anything else, our team is always happy to help. You can always rely on our team to answer any questions and provide more information, so if you ever find yourself in need, do not hesitate to contact us. If you ever need assistance in the future, please don’t hesitate to reach out. Set everything up I needed straight away, educated me on platforms. Regular texts to check everything is ok, swift, professional support and service. All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month.
One of the key features of the Zulu trade is the social element. The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available. LimeFx is one of the oldest and most reputable spot forex and CFD brokers.
Commission-based pricing is applicable to Active Trader account types. When comparing the spreads to other brokers, FXTM at first glance appears to have only average spreads. LimeFx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing https://limefx.group/ to be for AUDUSD and AUDJPY currency pairs. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure. Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier.
Your input is invaluable, and we are dedicated to enhancing your user experience. To better assist you please feel free to call our customer support line or visit our Live Chat so we can provide you with a walk through on our Trading platform. We will be happy to offer you a personalized guidance to navigate our platform, answer your questions, and help improve your trading experience.Your satisfaction is our top priority, and we’re here to support you at every step. It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms.
Lag time, which naturally occurs due to the time taken between placing your order and completing your order, can see prices change. The changes are called slippage and can be positive or negative. As a trader, you want pricing certainty and execution certainty. LimeFx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.