Original LimeFx Review
Contents:
The trading terminal allows users to execute manual orders, automate strategies or copy trades of professionals. When it comes to trading conditions, there is a bit of inconsistency in the stated and verified experience, especially with the spreads and leverage. However, when it comes to the order execution speed, we found them to be in line with the broker’s statement on the website. Opening a trading account is very easy and the trader needs to fill up a registration form that requires their name, phone number, email address, and strong password. After completing the details, the user needs to offer proof of Identity and also proof of their address for KYC verification. On the other hand, going with this best online broker can be a great choice for active traders.
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- The broker is based in New Zealand and is operated by a firm called CTRL LimeFxs Limited.
- As already outlined in this HFT broker review, the different account types available at LimeFx offer slightly different fee and spread structures.
- Opening a trading account is very easy and the trader needs to fill up a registration form that requires their name, phone number, email address, and strong password.
- Thus, the broker offers high-tech analytical tools and provides trade flexibility.
- All the support channels are open from 2.00 am -1.00 pm GMT, Monday through Friday, although the brokerage claims 24/5 full support, in the website.
The customer service offered by LimeFx is dedicated and professional. As per the review, the traders can contact the customer help-desk through email, contact us form, live chat, support, and through phone, Monday through Friday. Also, the traders can directly contact the broker through email if they need support for their queries.
How to start trading with LimeFx?
Professional traders can increase their knowledge by reading articles about advanced technologies and the latest market trends. On the other hand, New traders can learn how the market works and handle market trends. On this lime fx page, traders need to answer some trading-related questions such as how much experience they have, are you an experienced trader or a newbie? Our website services, content, and products are for informational purposes only.
Before being sold-off, MahiFX, founded by David and Susan Cooney in 2010, was a well-renowned CFD brokerage in New Zealand and Australia. The multi-regulated, multi-asset broker was supervised by the Financial Conduct Authority , the Australian Securities and https://limefx.group/ LimeFxs Commission , and the New Zealand Financial Markets Authority . Aside from this, the platform uses SSL technology and data encryption and it also offers powerful firewall protection to protect the confidential information from cyber threats.
LimeFx Review – 20 Key Point Quick Overview Revealed ( :
LimeFx is operated by CTRL LimeFxs Limited which is New Zealand-based and is regulated by the New Zealand Financial Markets Authority and the Australian Securities and LimeFxs Commission . Since the rebrand, the company has built on its reputation and has won multiple accolades. Research is significant for a trader to have a basic knowledge of the market. It helps make decisions and know the points where a trader should invest and exit the forex market. An easily accessible, with ample market offerings and data security, MT4 is the best one to trade with. In an unusual move, LimeFx also provides an opportunity for customers to reach out to the management of the company using an email form.
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You can deposit this via bank transfer, credit or debit card, VPay, Skrill, or Neteller. Withdrawals are processed using the same method by which you deposited. The trader must install the application of LimeFx on the phone through the play store or app store as it works with both android and apple. Giving full access, better trading efficiency, professional analytical tools, and free download. It offers account history, a good performance speed, charts, analytical tools, and transparent and secure trading.
LimeFx Summary
Collect complete details regarding both trading platforms from the below points. After going through LimeFx’s website and its offerings in detail, we can safely say that this is a broker you can use. It is safe, regulated, offers a wide variety of trading instruments, is both desktop and mobile friendly, has a strong support system and allows you to trade in different markets from a single account. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Of all the brokers I have used in the past, MahiFX is by far the best, with an excellent support team. Fully understand the risks involved, and seek independent advice if necessary. The financial service provider has a responsive and knowledgeable support team that can be reached easily in case of any inquiries. LimeFx provides three different ways to reach customer support i.e.
To deposit money, traders can use e-wallets, bank/wire transfers, and credit and debit cards. I’ve used MahiFX’s platform for several months now and I was surprised to read some of the reviews on this https://limefx.club/ page. They offer impressively tight spreads, an intuitive platform, and when I was unsure of a particular, they responded to my email within a couple of hours and were very polite and helpful.
Account
The registration process to open an account with LimeFx is quite straightforward. As a side note, the broker’s favorite payment methods are Visa, MasterCard, Skrill, Neteller and V Pay. Expect a message asking you to confirm your address or edit if you made an error. Our experts have reviewed both, and their tests show that LimeFx is a stronger broker right now.
Potential traders need to be enabled to do as much as possible research about speculative trading before commencing to do it and while trading with a specific brokerage. The broker also provides access to a large range of eBooks that cover different topics such as market analysis and trading psychology. This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable. As with currency exchange markets, commodity markets offer trading in contract-based tradable goods. The LimeFx MetaTrader 4 WebTrader platform allows for browser-based trading, real-time price quotes, viewable trading history, 30 built-in technical indicators, and one-click trading options.
One of these online broker’s main objectives is to help the traders execute profitable trades and offer their advice about various markets. Besides, this platform offers a simple trading process, and it offers advanced software for trading. On the other hand, opening an account with LimeFx is a simple and fully digital process. Traders have to first register and fill in the asked information to create an account.
This broker also provides a wide choice of educational resources through online courses, tutorials, ebooks, and several more. They provide a demo account for its traders; it also offers access to the earnings season calendar and an economic calendar, where the trader can benefit from the information. Moreover, the trader should do their research and analyze the trading market before proceeding with any type of trading.
Always verify that your broker, is licensed by your local financial regulator. No, but fees from financial institutions may be applicable and more information about applicable costs can be obtained from the company’s customer service team. Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility that enables traders to get a larger exposure to the market than the amount they deposited to open a trade, is called leverage. The minimum deposit amount to open an account with LimeFx is $250.
Broad Range of Trading Instruments:
Besides, it also offers experienced traders several concepts like advanced technical tool analysis and in-depth books which allows the beginners and the experienced traders to trade with confidence. This is one of the best and widely used trading platforms by most financial service providers. It is user friendly and comes with many handy functions which makes it suitable for both beginners and experienced traders. It also employs excellent security measures that ensure your data is well secured. LimeFx offers its clients a large library of trading guides, including videos, articles and other resources.
Either the broker will find a loophole in the terms and conditions that is completely made up, will firmly advise you against withdrawing, or they will ask more deposits needed if one wished to withdrawal. Scammers come up with additional fees and taxes for the sole purpose of keeping you on stand-by, and to deplete as much money from you as is possible. ReportScamOnline now considers LimeFx to be operating an online scam. We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.