LimeFx Review South Africa 2023 Pros Cons & Fees compared

LimeFx Pro offers wholesale execution and liquidity solutions for retail brokers, hedge funds and emerging market banks. Their relationships with tier 1 banks and non-bank liquidity providers, prime broker relationships, and technology vendors can provide customers with market access on an unrivalled scale. Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). Since 1999, LimeFx has been a pioneer in developing online forex offerings for retail traders.

  • The education material and research tools are ideal for a broad spectrum of skill levels ranging from beginners to professional traders.
  • As a regulated broker, LimeFx cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by LimeFx.
  • As requested, we also tried to reach you via phone call but was not able to get a hold of you.

To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by LimeFx terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. Brokers that operate under the supervision of regulatory authorities like LimeFx are subject to strict guidelines that prohibit them from manipulating limefx forex brokers reviews market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors’ deposits. LimeFx are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of LimeFx and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly.

Just keep in mind that there is no guarantee on how good or bad these signals will perform. Past performance is by no means a guarantee of what will happen in the future. That’s why I may have missed some information about beginner bonuses. So it’s better to ask about bonuses from support department on official website. Just look at trading conditions, which are listed on website and immediately understand everything. Earlier I traded major currency pairs, but recently I became greatly interested in crosses.

What about bonus programs? i love nice surprises from brokers 🙂

Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with LimeFx involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, https://limefx.vip/ you can increase your chances of success in the markets. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. LimeFx customers have instant access to the financial market and can completely manage a Portfolio on the go.

With commission-free stock CFD trading, you can invest as much as you can afford with fractional share trading with minimum trade sizes of 1/10th of a share. Operators such as ZuluTrade do take some of the hard work out of trading. There is a trade off in that some responsibility for trading decisions is given over to a third party. LimeFx have done well to set up the link with one of the best-known social traders as this means clients have a choice of four, very different, but very special trading platforms. The index ratio tells you whether traders are net long or short a particular currency pair, and to what degree. And the Real Volume indicators which are exclusive to Trading Station and pre-loaded on the desktop version open up unique access, giving you strategy support with real market sentiment.

Create an account using the link below to claim your welcome offer today. The platform, which is free to download, is packed with advanced trading features, including a built-in library of over 50 indicators for technical analysis. There is also access to market, pending and stop orders, plus embedded tick charts for accurate analysis. In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4. It includes daily trading signals, a technical analysis tool, and trade analytics.

LimeFx also provides ZuluTrade for social copy trading and Trader Workstation for stocks, both powered by Interactive Brokers. In addition, the broker useful tools such as VPS, hosting for its clients who want to automate their trading 24/7. The broker offers securities to trade via CFD trading or Spread Betting from various asset classes, including forex, commodities, indices, shares, cryptocurrencies, and baskets (ETFs). However, the broker does not offer options and government-yield bonds. If you are interested in those asset classes, you might want to consider AvaTrade instead. I think it’s one of the most lucrative forex brokers I’ve ever seen.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. Free research, insights, and strategies outlook, along with greatly designed LimeFx tools with LimeFx Plus, Market Scanner, and Trading signals with technical levels all at your disposal. For the globally presented offices, each of them as a branch of Forex Capital Markets Limited follows the country’s financial authority and is licensed accordingly.

Can’t see your question? Ask to get answers from the LimeFx staff and other customers.

Our broker ratings are also informed by the experience of our researchers during the evaluation process. CFDs are complex instruments and come with leverage, which means there’s a high risk of losing money rapidly due to leverage. When trading CFDs, more than 75% of retail accounts lose money. Readers are thus advised to note that the products and services offered at LimeFx revolve around leverage trading, which always comes with equal chances of earning profits or losing money. Thus, having sound knowledge of trading CFD and the risks involved is imperative to buy and sell CFDs. In this LimeFx review, we have provided complete information on LimeFx for educational purposes and must not be treated as investment advice.

Is it possible to use more than 3 indicators in the LimeFx trading platform for better analysis?

Crypto payments are also accepted in several major coins such as BTC, ETH and USDT. Clients will also need to pay rollover fees as well as a $5 dormancy charge on accounts that have been inactive for 120 days. This makes LimeFx a low-cost trading brokerage when compared to alternatives. In addition, 12 indices are available to live account holders.

LimeFx Compared

Users can log in to their demo accounts using their registered email address and password. Once the registration is complete, they receive $20,000 virtual money for trading. Forex Capital Markets Limited (LimeFx LTD), popularly known as LimeFx, is a forex and CFDs trading, spread betting broker based in the UK. As one of the oldest brokers, LimeFx has been in the forex and CFD trading industry for over two decades.

The greatest advantage of commodity CFD trading is that it allows you to participate in the markets, gaining exposure to the products and markets, without taking ownership of the underlying assets. MetaTrader4 is the most popular trading platform in the world and boasts millions of users. The advantages of the platform extend a long way past it being robust, ideal for charting and coming packed full of indicators. Having been a cornerstone of trading for such a long period of time there is a well-established community of users who share ideas and trading tools, sometimes for free. Since January 2015, LimeFx has provided services to 220,000 active customer accounts around the world.

This association of LimeFx with banks, financial institutions is the major reason for the overall reach of LimeFx across financial markets globally. LimeFx Plus is the live account portal of the LimeFx online platform that has tools to maximize gains via technical analysis and trading signals. All live trading accounts can make use of LimeFx Plus feature after their successful registration.

LimeFx is not a scam, it is a regulated broker holding European license ensuring trading safety and client protection, as well as negative balance protection in case of insolvency. The information provided on the LimeFx website is purely for information purposes and should not be regarded as an encouragement or recommendation to invest in financial instruments. The applicant must now select their country of residence plus their preferred platform for trade. LimeFx complies with the ESMA regulations, and it is also in adherence to the MiFID requirements (Financial Instruments Directive).

Yet note, that instruments may vary depending on the jurisdiction. Apart from the above-mentioned, Iceland and Japan are LimeFx’s retail clients’ restricted countries. Nevertheless, the LimeFx website is easily accessible from anywhere across the world. Users are advised to note that the trading systems and instruments offered seldom vary from country to country. LimeFx trading accounts use a Tiered Margin system which is based on an entry and maintenance margin as well as a liquidation margin. Another benefit of CFD trading is that you can go short or long.