Hence, the company is still working on developing a strong brand name that is trusted internationally. It is currently licensed and regulated by a single regulatory body – the FSA of Seychelles, which requires brokers to ensure segregated funds and negative balance protection. However, there is no cap on the maximum retail leverage, and no compensation scheme has been put in place. This website is not directed at UK residents and falls outside the European and MiFID II regulatory framework, as well as the rules, guidance and protections set out in the UK Financial Conduct Authority Handbook.
Deposit Methods
Alongside charts, trading signals and technical indicators that allow automated trading, traders can download MT4 for Android, Windows, iOS, and macOS. Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. It should be noted that the payment method traders will choose when depositing funds to their accounts should also be used when they want to withdraw their funds. LimeFX guarantees that its clients will be able to top up their accounts and withdraw their funds quickly and easily as there is a good range limefx review of deposit and withdrawal methods to decide between. Clients of the brokerage firm can only take positions on precious metals like gold, silver, platinum, and palladium.
- In my view, a good chart should afford easy scaling up and down of price action.
- If traders choose to contact the customer support hosts via live chat, they need to decide if they want to get assistance in English, French, Spanish, Chinese, or Arabic.
- He fast talked me into starting with £500 deposit in the gold account and then said because I was making money, to put more and more money into the LimeFX account.
- LimeFX is a multi-asset broker that is gaining prominence for its fast execution and low spreads.
- To ensure that traders will be able to gain access to a variety of assets through CFDs seamlessly, the brokerage firm provides reliable technologies and a number of tools and services.
How does CFD trading work?
Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. Choose between Standard, Premium, Privilege and Cent accounts and enter the markets with superb trading conditions. I cannot wait to close everything that’s floating next week and leave this broker.2 stars is given because it is a broker and it works on MT4 but there are so many better ones out there. Let’s see if they will allow me to withdraw my profits and my deposit, I know that the bonus provided will never be withdrawable. When I tried to take my money out, they refused as I wasn’t allowed to take my full profit. They did not allow this as apparently when using bonus they take half of your profits which is crazy no other broker which offers a bonus has done this.
What are LimeFX trading hours?
Beginner traders get three eBooks, numerous webinars, and a video library with short but well-constructed content. It includes three videos on trading psychology, which are excellent, as it remains the primary topic beginners must master. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. LimeFX does not target residents of the EU where it is not authorized. LimeFX does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea.
In my estimation, scammed by limefx LimeFX’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay. The webinars are geared towards beginners, intermediate-level, and advanced traders.
Traders can use the MT4 Android to trade forex anytime and anywhere and enjoy the latest trading tools and user-friendly interface on any Android device. You can trade with the industry standard MetaTrader4 or use our online WebTrader. Whatever your trading experience, you can start exploring market opportunities with our MT4 or WebTrader and take your trading to the next level. Benefit from over 300 tradable instruments from 6 asset classes available on one single platform. In addition to this, clients of the brokerage firm can trade directly in the browser of their computers and smartphones without any software installation while using WebTrader. Users of the brokerage firm who are new to trading precious metals can improve their skills and practice their strategies while using a risk-free demo account.
When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. One of the best things about MT4 is its simplified order execution. However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms. I tested LimeFX’s transparency by checking the availability of essential information on the website.
LimeFX’s MetaTrader 4 is created to take your trading experience to the next level as traders will benefit from premium conditions, mobile trading, flexible leverage, and several account types. LimeFX offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience. With more users using mobile apps for their online financial needs, traders and investors also prefer to execute trades through their mobiles. It is more convenient for traders to use their mobiles to access the MetaTrader 4 and gain real-time access to the financial markets.
The Fractional share dealing offer is ideal for smaller portfolios. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about.