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LimeFx Review 2023 In-Depth Key Findings

The broker offers a standard range of payment methods for transactions in USD, EUR, GBP, or NGN. Payments can be made using debit cards, bank wire transfers, Skrill, Neteller, and China UnionPay. Hantac is not a good broker, they slow your positions when trading when you compline about it, they start talking about how good they are and how bad other brokers in Nigeria are.

Nonetheless, the company has managed to cover the entire Asia-Pacific and European markets by allocating its main financial centres in Australia, Hong Kong, and the United Kingdom. Unfortunately, LimeFx does not accept any US-facing traders due to a lack of regulation by the NFA and the CFTC and its absence in the United States. Although the company has access to the capital and resources to develop business within the United States, it’s quite surprising to see it has avoided such a lucrative trading market. European clients are not charged for deposits and withdrawals, but international clients can be charged for large withdrawals with e-wallets. Professional traders may be able to negotiate higher leverage rates by speaking to the customer support team, contact details for which are below.

For operations other agents fee for, they do not charge a broker fee, or they charge a lesser sum. This is beneficial for those who often exchange, for example daily or weekly trading. The minimum deposit you must deposit to get started on LimeFx is $1000. It’s possible to create more complex deposits as you go along. But, make certain you know how to make the most of your cash before investing larger amounts. LimeFx are a trustworthy brokerage that has been operating for over 33 years.

LimeFx broker reviews

It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Thanks for your review, we are happy that you are having a good experience with our deposit methods. Traders can also select the brand-new way of trading thanks to the AgenaTrader platform which essentially automates trading with a few simple steps.

Clients will have a choice of reliable and powerful trading tools, presenting cost-effective offers with the Multi-Account Management tool, the Currenex tool, and the Meta Trader 4 trading tool. Each platform will give you access to a wide variety of instruments. However, please keep in mind that there will be differences between each trading tool in terms of functionality, availability, and asset proposals. When you execute an order for all the instruments that LimeFx offer, the company will take all the necessary steps to achieve the best possible outcome. They take into account their execution policy along with any specific instructions that are given by their clients.

Aside from the MT4, the Currenex platform is also provided for traders of LimeFx who use the Interbank Direct product. Interbank Direct is the Electronic Communication Network model of trading which provides direct market access to pricing and execution from liquidity providers. Currenex platform provides access to this market and is for high-end, institutional-level trading. The minimum deposit required to open a LimeFx Standard account is $100.

For CFD markets, the usual trading cost is the spread or commission. For positions that you hold overnight, you will be charged an overnight funding fee or swap charge. This depends on how much you invested and the size of your trade. HantecMarkets offers MetaTrader 4, MT4 Mobile, and Web top forex trading platform. If you have any other feedback in the future please don’t hesitate to contact us, so that we may continue to provide you with the best trading experience possible.

These fees are dependent on the interest rate differential between the currency pair traded in the open position. Simplicity with high performance is the key to provide fast and effective deposits and withdrawals. Clear and easy to understand trading platform, with most of the necessary technical trading tools. LimeFx provides their traders with timely and accurate market insights that are second to none. This will help a trader of any skill level or experience to perform at a much higher level than they would be able to achieve otherwise. LimeFx is a forex trading brand that is owned and operated by the Hantec Group.

You will probably also have top go through the standard KYC checks but LimeFx are normally pretty quick with this. With a digital LimeFxdemo account, you can experiment in any way, to whatever period you wish. You can even open positions, test different trading strategies, and more. If trading currency pairs is of interest to you then LimeFx offer over 45 currency pairs.

Does LimeFx accept credit cards?

Backed by over two decades of experience, LimeFx is a global Forex and CFD broker. This company offers over 200 instruments, including currency pairs, indices, commodities, etc. LimeFx also has a wide range of account types that cater to different trading styles. This https://limefx.group/ broker provides an active Forex trading platform and various LimeFx opportunities. This foreign exchange company offers private and institutional customers the ability to access products, including currency trading, indices, precious metals, commodities, and CFDs.

LimeFx broker reviews

They also allow the use of margin to significantly increase your gains. LimeFx is a world-renowned forex broker that has managed to generate phenomenal reviews from its clientele. Traders of LimeFx are predominantly referrals that have been achieved through positive marketing through word of mouth from the existing clients.

Compare LimeFx

Newbie traders will need supplementary content as educational material will not cover all they need to know. Withdrawals are fastest with cards and limefx website e-wallets , and slowest with bank wires (2-7 days). No complaints about delays or non-fulfilment of withdrawals have been made against the broker.

  • With LimeFx, you can choose to practice on their platform by signing up for their demo account, or if you want to get started right away, you can sign up for their live account.
  • If you need any assistance in your tradings, please feel free to contact your manager or our Customer Service on LiveChat.
  • Thorough market research is essential to have a lucrative trading experience.
  • Our LimeFx account review found that they’re a superb platform for online trading solutions.

In my past experience with brokers its all fine and dandy trading and making profits but as soon as you try the withdraw real money fiction starts to occur. LimeFx offers its traders the MT4 platform as well as the Currenex series. The website and trading platforms of LimeFx are user-friendly. In addition, this company has almost 18 offices in Europe and Asia.

LimeFx Awards

Housing indicators, economic growth indicators, inflation as well as interest and currency rates are explained through Macroeconomics. Traders also have access to useful tools such as a very complete glossary of terms, webinars, key economic data, and risk managing tips. The Trader Talks video series provides expert insights on current market movements.

They offer a lot of indices to trade, and you can expect the major ones to be available too. For traders that would want exposure to stocks, they could opt to trade these stock indices. I made a withdrawal and I get less money through Skrill, there is no withdrawal fee notice.

It initially established as a financial organisation in Hong Kong that primarily deals with allied financial services and wealth management. The Hantec Group is considered one of the oldest organisations in the financial industry, having established its operations back in 1990. The financial broker started its forex operations in early 2009 and has since achieved the coveted status of being regarded as the mainstream broker in an extremely short space of time. LimeFx has a fantastic variety of deposit methods available on the site, allowing traders to deposit using seven different currencies, including CAD, AUD, CHF, GBP, EUR, and USD. The company only offers access to CFDs and Forex trading which means traders wont be able to invest in markets such as indices, commodities, and equities.

LimeFx BROKER REVIEW

See our broker ranking below compared to other popular and industry-leading brokers. LimeFx accepts clients from all over the world except the United States, Iran, and Korea. Clients can withdraw funds from their account through wire transfer, Visa or MasterCard, Skrill, Neteller, and China Union Pay. All you have to do is login to your account and follow the steps on their website.

LimeFx is proud to offer prices that are difficult to beat, with spreads starting from as low as 0.2 pips on USD/EUR trades. The typical spread for GBP/USD and EUR/GBP orders is 0.5 and 0.7 pips, respectively. However, the lack of an ECN account and market maker model has also been noted.

LimeFx does charge commissions, depending on the type of instrument. Cryptocurrencies are digital assets used using exchanging digital token coins such as Bitcoin. This type of trading usually involves limefx scam price movement speculation via CFDs. Spreads are the difference between the trade’s bid price and ask price . Spreads could be variable or fixed, depending on market movements such as interest rates.