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You can trade in more than 60 markets, and the superior customer service support is the icing on the cake for traders. Stocks of companies like Google, Air New Zealand, Mircosoft, Apple, British Petroleum, Nike, etc., are available here for trading. If limefx company reviews a trader wants to diversify their portfolio, there’s no better place than HFTraing. Assets and instruments here let you express yourself as a trader. In addition, the forex broker allows freedom to trade in different markets and on various products.
This broker is authorized and they are safe to trade since it is highly secured. As per our LimeFx review, this platform offers 20 various cryptocurrencies as CFDs, that can be traded in Euros, British pounds, and US dollars. To be on the safer side, the minimum withdrawal amount starts from 100 AUD, where there are no fees applied.
Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFxpanies. The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff. LimeFx provides a simple, transparent trading offering where users can choose from a variety of commission-free trading accounts called the Silver Account, Gold Account, and Platinum Account. Each account has different features such as a bigger discount on swap fees.
This broker is regulated by regulatory authorities such as ASIC and FMA. Ethereum is the second-largest cryptocurrency after Bitcoin and allows developers to create smart contracts on a platform. Equity or stock indices can represent a specific set of the largest companies of a nation or they can represent a specific stock market. It is actual stock market indexes that measure the value of a specific section of a stock market. Support is available Monday to Friday, 9 PM – 10 AM GMT, and you can access it from your desktop or mobile device.
Traders who have registered with this broker can access more than 350 trading instruments, which comprise Forex, commodities, shares, cryptocurrencies, indices, in CFD. Formerly called MahiFX the firm was renamed LimeFx in late 2019. Currently, the brand name of CTRL LimeFxs Limited, LimeFx is a multi-asset online retail forex CFD broker headquartered in New Zealand with a registered office in Australia. The forex CFD broker has an Australian Financial Services Licence , allowing it to offer dealing and execution services in FX and derivative CFD products in those countries. In the case of Muslim customers, special Islamic accounts, that is swap-free accounts, are offered that mirror the other account types, but which operate by Shariah law. This is one of the most popular trading platforms in the world, thanks to the vast number of research tools it features.
Web Trader
The minimum spreads for the Platinum Account is 1, and the maximum spreads are 6.0. In addition, the broker may also offer Islamic accounts with swap-free trading facilities for sharia law followers. Collect complete details regarding all three accounts from the below points. LimeFx overall scores In this review, you can find all the information you need to decide whether LimeFx is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders.
Trading with CFDs carries a high level of risk for your capital and you should only trade with money you can afford to lose. Most retail clients lose money https://limefx.group/ when they are trading with CFDs. While the vast majority of resources are geared towards beginner traders, experienced traders may find it useful too.
About HF Markets Group
Card and e-wallet deposits are usually instant, whilst bank transfers can take between two to five business days, depending on your bank. LimeFx processes all withdrawal requests within three business days. LimeFx allows you to trade multiple cryptocurrency coins against the USD, GBP, and EUR. Cryptocurrency CFDs include Bitcoin, Ethereum, Dashcoin, Ripple, and Monero. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. But I see profit is always possible using heiken ashi with MahiFx.
The broker allows you CFD trading, which opens several markets for LimeFxs. It is getting popular, and traders are finding it captivating for generating good money in a short time. The Gold Accounts are for traders who better understand LimeFxs and put their funds in the market. The account type was created for slightly experienced traders. They all have different features, services, and styles for market players.
This includes your email, name, age, address, and employment status. You also must upload documentation to verify your identity and address, such as your passport and a recent utility bill. Once this is complete, you simply must select a payment method and deposit funds to start trading. Open a demo or live account with LimeFx today to trade with a financial service provider that’s recommended by our experts.
Our final LimeFx rating
The app also comes with alerts, push notifications, and you can stay tuned to all the major global events impacting the markets even on the move. To conclude, we can say that LimeFx is one of the best and popular trading platforms where it offers the Metatrader 4 trading platform for web, desktop, and mobile. This broker also provides a wide choice of educational resources through online courses, tutorials, ebooks, and several more.
- You can download it through the App Store or Android Play Store.
- They take deposits through bank wire, credit/debit cards, and other online payment systems like Skrill and Neteller.
- CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.
- It does not offer services to clients from the United States, Canada, the UK, or Europe.
- With the help of a simulation, traders can sharpen their trading skills and strategies.
- I did the exact same trade on 4 different firms’ MT4 platforms.
This can be useful, but it is essential to discern what the conditions are to really benefit from a bonus. Yes, LimeFx is licensed and regulated by the Australian Securities and LimeFxs Commission and the New Zealand Financial Markets Authority . Together these ensure that traders from Australia and New Zealand are protected and offered responsible trading terms and conditions. Mobile trader – LimeFx’s mobile trading app is a smartphone version of MetaTrader 4, which is available on iOS and Android devices.
The gateway to trading and LimeFx wisdom
Their account opening process is smooth and quick but I am unable to access trading videos. LimeFx provided a good range of financial instruments which high leverage. Traders can experience commission-free trading with an LimeFx.
As a result, your trading journey becomes swift and comfortable. The LimeFx LimeFx firm is new in the industry compared to the other renowned LimeFx firm. However, the LimeFx firm is getting stronger and has chosen a promising path for development. Furthermore, most of the available trading tools and indicators are available in the WebTrader platform that makes it easy to use in any situation. This LimeFx firm has been operating its business activity since 2018 from DJCA Ltd, Level 3, 50 Victoria Street, Christchurch Central, Christchurch, 8013, NZ.
LimeFx background and regulation
Therefore, it is profitable for both professional and new traders. Often beginners and amateur traders do not understand the significance of Leverage and they use it in an out-of-proportion manner. So it is important to understand that Leverage is a double-edged sword and one has to use leverage responsibly when it comes to trading in any global market. Leverage can generate thousands for you but it can also eat your capital.
Before starting to trade, potential LimeFx clients should arm themselves with all possible information and trading skills needed to be successful in the world of forex and commodity trading. If LimeFx ’s website itself does not provide enough means, a trader should explore other information sources to obtain those skills and knowledge. Before deciding to join a brokerage company to start trading, a potential trader needs to establish whether a broker like LimeFx is safe and secure to trade with.
Overall we found this LimeFx firm trustable for traders only from Australia and New Zealand. However, you need to analyse more besides reading our review to open an account with them. Besides regulation, this LimeFx firm uses segregated accounts with banks to keep clients’ funds separate from limefx reviews the LimeFx firm’s regular fund. As the LimeFx firm keeps clients’ funds separate from their own fund, it can ensure that they will not use your fund in any of their activities. As a New Zealand based LimeFx firm, this company focuses on traders from New Zealand and Australia only.
Additionally, the broker doesn’t charge a commission on trades. Gold, platinum, silver, and trading on other precious metals tell a lot about the integrity of assets. Plus, you always have a chance to get them in the physical form and sell them in the market. The broker allows you for CFD trading for a variety of markets and ways of trading different commodities. The highly functional and multi-asset platform that LimeFx gives helps in determining bigger profits shortly.
