LimeFX makes use of segregated accounts to protect their clients’ funds coupled with negative balance protection. As a forex and CFDs trader, you have to learn about the different processes on their forex and CFDs journey. From how to trade to how to set up your account, and more. When trading CFDs and Forex the contract is always between you and the broker. ECNs are computer-based systems that display the best available bid and ask quotes from multiple market participants, and then automatically match and execute orders.
- Speaking about its commission, the broker doesn’t charge any fees and commissions on fund withdrawals or deposits.
- LimeFX offers trading on cryptocurrencies, metals, indices but the assets under each category are restricted and sparse.
- The withdrawal policy of each broker will differ depending on how you withdraw funds.
- So, before you commit to taking up the bonus, you have to understand the terms and conditions.
- Here, however, LimeFX shines, as it falls in the niche of swift deposit methods, a niche that grows ever so tighter.
When it comes to local banks account options transfer payment methods, the deposit clearing takes a few days. The minimum deposit is $50, which is higher than many of the forex brokers in Nigeria. In today’s trading world, we do enjoin traders to go for brokers that charge very low fees – as that has now become the reality.
• You need to add funds to start trading on a real Forex account. The payment will be settled in your account in 1 – 3 hours. To limefx review speed it up, you can upload the payment proof—a screenshot of your processed transaction or a photo of the transfer receipt.
LimeFX Metatrader 5 brings to the table an enhanced level of automated trading indicator products and significant trading chart patterns. The exclusive mt5 pro account gives investors the lucrative offers of 45 trading devices with a deposit of $500 and compliance with enhanced margin requirements. Traders have the ability to benefit from the Metatrader 4, Metatrader 5, and cTrader and other social trading platforms. Account with LimeFX trading platform provides a variety of trading history and advantages. The mt4 mt5 and ctrader peculiarities service a host of trade types and the most convenient experience. Many broker reviews view LimeFX as the most reliant Forex platform out there.
LimeFX: Login, minimum deposit, withdrawal time?
LimeFX offers a variety of bonuses to its clients through various contests, lucky draws, and promotions. The withdrawal methods are the same as deposit methods but the time taken to process the withdrawal can be slightly more than the deposit. The lower cap on withdrawal amount (5$) is much lesser compared to the deposit amount. LimeFX accepts local bank deposits and withdrawals in Nigeria.
But, the response time with each type is elongated to extremities. Thus, the trader has to wait long to get the answer to his/her query. The financial Service provider is a robust link between market participants and financial markets. Hence, select the broker vigilantly before jumping into the trading arena.
See below the benefits you will get in the mobile app for MetaTrader 4/5. The minimum deposit according to an LimeFX rep is $20, but they recommend $100 across https://limefx.vip/ all types of account. Unfortunately, we couldn’t identify you on our system and verify your complaint since you didn’t share your LimeFX account information.
TheNimbleMarkets.com: Login, minimum deposit, and regulation?
The fee is depending on the payment method but most payment methods are free. With a bank wire, you have to wait 3-5 days to credit the money into your account. It is depending on the time of the day, sometimes the withdrawal is made in a few hours.
Hence, it blocks the diversification of a trader’s trading portfolio. Also, the website of the broker seems to be complex and misses much relevant information. Before any broker enters the market, you should know whether the market is moving upwards or downwards. It is up to you to decide whether to buy or sell stock spreads in this market.
LimeFX is also regulated by IFSC of Belize with legal entity Octa Markets Limited and license number IBC 2011. The clients residing in Nigeria are registered under the IFSC regulation. This makes it riskier than other brokers that are regulated by top-tier regulatory authorities. The fees and commissions are always depending on the asset and account type.
The broker supports copy trading to support social businesses. Autochartist Pro also supports traders in a wide range of ailments through manual support. Traders come to the LimeFX offer for the experience of cTrader Trading and the MetaTrader platform. After reviewing your case, we’ve found that you placed your withdrawal request on September 20, and our team processed it in a few hours. We hope your funds have reached your end by now and the issue is resolved.
Each trading platform at LimeFX is bound with a specific account type and cannot be changed. The main differences between the accounts are the assets available to trade, the spreads, and the minimum deposit amounts. LimeFX offers a few funding methods which vary depending on the jurisdiction under which you fall.
TradingBrokers.com aim to provide unbiased broker reviews to give traders a clear understanding of the different brokers available to them. Traders can use our free service but should do their own due diligence and make their own decisions. Rates, terms, products and services on third-party websites are subject to change without notice. This compensation should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. MT5 has a simple interface just like its predecessor with some new features that improve the overall experience.
Check out our honest and detailed review of LimeFX Nigeria before opening your account. In this review of HotForex, we explore a broker that has been operating since 2010, spans 180+ countries, and offers both STP and ECN trading platforms. As a hybrid broker, HotForex can offer full transparency and lower spreads. They also provide rewarding bonuses, trading tools, and analysis. To conclude this CommSec review, LimeFX offers the best online forex brokers trading costs on the market.
There are numerous brokers in the market, providing trading services to their clients. In this review, we will give you reasons to save your money from the broker. Trade market clients think about broker protection before investing. limefx scam The broker provides customers with maximum protection from investing. LimeFX eliminates fears by traders by applying the best tools to ensure additional funding. LimeFX can lose its unbalance in extreme market conditions.
As we mentioned earlier, LimeFX does not provide clients with enough bonuses. Traders who register a live account with LimeFX are not offered either the first-time signup bonus or a welcome bonus. LimeFX users will be provided a negative balance certainty. With this feature, if the user’s account turns negative, the platform will convert it to a standard amount of zero mechanically. With this in place, the user will not lose out on funds that were invested originally at the start. This allows a lesser chance of falling into the risk of losing money rapidly on all the LimeFXs you made.
LimeFX verification process
Subjects covered include the very basic lessons such as an introduction to trading and how to place a trade to the more advanced technical and fundamental analysis. The information is very easy to digest and is supported with visual representation for clarity. If you are an absolute beginner and looking for some more guidance along the way, IronFX have lots of good educational content as well.
- LimeFX does make an affiliate program available in the form of Invite-a-Friend and IB options.
- Before any broker enters the market, you should know whether the market is moving upwards or downwards.
- Forex brokers offer by offering a spread list that starts from 0.0 pips along with commissions charged from US Dollar 0.02 per 0.01 lot using the ECN CTrader account.
- LimeFX Holding plc is regulated by CySEC which can give you maximum benefits.
- The average typical spread for EUR/USD with the pro account type ranged between 0.7 to 0.9 during the peak trading hours.
Moreover, deposit and withdrawal fees applied by third parties (e.g. Skrill, Neteller, etc) are also covered by LimeFX. However please be aware that some fees can may be applied in certain cases. LimeFX is a secure trading platform with competitive spreads and no hidden fees. It supports copy trading and a deposit bonus of up to 50%.
How to use Autochartist MetaTrader Plugin in LimeFX
One of the most recommended channels through which you can make withdrawals is debit or credit cards – especially those provided by the leading card processor, Visa. Withdrawals via the bank card can be pretty quick – and they usually are credited to the bank account linked to your card. LimeFX is a great trading platform with accessible starting deposits and a great variety of asset classes and trading instruments.