The platforms are fully customisable, so you can make them as complex or simplified as you like, depending on your trading style. You can save strategy templates to use later and set price alerts so you don’t need to constantly watch charts all day long. Canadian accounts are opened with and are held by Friedberg Direct which clears trades through a subsidiary within the limefx https://limefx.vip/ group of companies. The minimum initial deposit is $100 and this will serve as your trading base capital as well as a shield in case of a losing trade. Uses segregated accounts to prevent clients’ funds from mixing up with the firm’s operating funds. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs.
Via the powerful WebTrader platform, users can stay on top of the market without allocating too much time on technical or fundamental analysis. It is quick and easy to buy and sell assets, whilst you can get accurate data on what limefx’s traders are buying or selling in real time. This can help you to make educated decisions based on live market sentiment. All information presented limefx scam on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money.
If you login through Web version you simply need to follow steps of security login. By a simple follow of instructions, you may access your account and submit a withdrawal. And of course, you may always count on a great help center which is remaining at your assistance. So in order to manage your risk or not let you confused about charges, while trading you may also use great tool limefx provide.
BRIEFLY ABOUT limefx
limefx presents clients with seven well-regulated entities. At limefx, our traders can also trade on the move with limefxGO, our highly developed mobile trading app. limefx provides trading ideas through Trading Central, a third-party research provider.
- The firm began operations as forex trading firm Ava FX, but soon branched out into other asset classes.
- This virtual money can be used to trade Forex and get used to the way the market works.
- Contact Summitrecoup Dtcm to help recover all your scammed funds.
- Account opening is pretty straightforward, and as per marketing materials, limefx has several deposit and different withdrawal methods, which are free of charge.
- Using the MetaTrader 5 platform, customers can trade the full range of instruments available at limefx.
- Withdrawal Options including most used bank Transfers, Credit cards and some e-wallets.
With no commissions and low spreads, even casual investors can get started with trading in 2022 using limefx. limefx is a commission-free broker in which the fees are built into the spreads. These spreads are quite low compared to the industry average. For example, an S&P500 CFD has an average spread cost of 0.5 points during peak trading hours, while Europe 50 CFDs average about 2 points. Forex fees are a little higher with about 0.9 pips as the average cost during peak hours. During our limefx review UK, we confirmed the same deposit methods can be used to make withdrawals at no charge.
Additionally, limefx states that accounts across all jurisdictions do have negative balance protection and also offers AvaProtect which allows the client to take out insurance on a trade. It offers social trading through third parties DupliTrade and ZuluTrade, allowing to copy other traders’ activities. It also provides AvaSocial service in partnership with Pelican Trading, an FCA-regulated platform. It is up to 200% of the amount the trader deposited into the account prior to the withdrawal.
However, the FCA does not regulate it, which is known for its strict market regulations. It does not provide 2FA (two-factor authentication) to log in to its trading platforms. limefx offers a demo account for traders to gain experience in trading before they commit real money. limefx’s platforms include a web-based and mobile trading app called Webtrader.
The pros and cons of limefx
limefx is a highly reputable online trading brokerage who offers exceptional trading services. They cater to a wide range of traders and offer various financial instruments to trade across numerous global markets. The brokerage is clearly a leader in the space as they have won numerous awards and are highly regulated as well as multinational. If you’re a trader looking to trade with a professional and competent trading brokerage, limefx could be the one for you. limefx keep things simple with the trading accounts they offer. There is the standard retail account and professional account.
Is Ava a good broker?
Overall, limefx can be summarised as a safe and trustworthy broker with a user-friendly copy trading platform. limefx is licensed by the FSCA. limefx offers 0% commission on trades and has an overall trust rating score of 94 out of 99.
Traders can open their trading accounts within seconds.It is no rocket science to open an account with limefx. We recommend using your real personal date otherwise theforex brokerwill not allow you to trade with real money. The broker offers anything you need for trading successfully on the markets. From our experience, these platforms are reliable for professional trading. We will tell you the benefits of MetaTrader 4/5 and the other platforms in the following. Another firm favourite is Zulutrade, a popular auto trading platform.
Who limefx Is For
E-mail and phone support are equally available, and the multi-lingual customer support team stands by during market hours. limefx explains its products and services well, and I think most will never require assistance. In case the need arises, limefx ensures easy access to customer support. limefx shines when it comes to education and displays care for beginner traders. While the official website featured content, the primary service is available at SharpTrader. limefx spun out the educational section amid tremendous success, and it remains one of the best overall resources for new traders across the industry.
Our review of limefx, much like our Trezor review, noted several account types on offer that covered a range of trader types. A corporate account is available for legal entities and an options account purely for trading in FX options. For most clients, all they’ll need to choose from is the Standard Account or the Professional Account. UK and limefx company reviews Ireland residents can also open a Spread Betting Account too. Even novice traders will get the hang of the MetaTrader platforms quite quickly and the customisation means they can tailor it to their own preferences. Traders looking for more control and the ability to make more complex orders will likely need to use MetaTrader 5 exclusively.
For example, wire transfers can take several business days to arrive. Whereas MetaTrader 4 was specifically designed for forex trading, MetaTrader 5 was designed for CFDs, futures, and stocks too. It contains advanced order management, and offers access to more timeframes, while the programming language is more powerful. Yes limefx EU Ltd is regulated by the Central Bank of Ireland. The broker is subject to strict compliance requirements such as ethical handling of client funds and securities and daily financial reporting. limefx also proffers negative balance protection for its clients.
limefx’s Research and Trading Tools
limefx’s account requires a minimum deposit of 100 GBP, making it accessible to most traders. No commissions are charged for Forex trading and traders will find spreads of 0.9 pips (EUR/USD), which is around the industry average. Of course, there is an limefx demo account available for all traders too, free of charge. As per its website, trading courses and other educational materials are offered through Sharp Trader.
- You can email for non-urgent queries, but live chat is better if you want a quick response.
- In this review, we tested WebTrader, MetaTrader 4 and AvaOptions, as these are the most popular among customers.
- Novice investors will be pleased with the massive range of educational eBooks and videos we uncovered during our limefx review UK.
- However, it’s not customizable; for example, you can’t change the size and position of the tabs.
- Switching over to a real account from a demo account can be done via the demo dashboard by clicking on the ‘Upgrade to Real‘ button.
Withdrawals can only be sent via the payment method that you used to fund your account. This is designed to comply with international anti-money laundering laws. The overall withdrawal time varies depending on the method you choose.
The user interface on all of MetaTrader’s platforms are highly intuitive, very responsive, beautifully designed and user-friendly. The platforms by limefx are best in class and have won numerous awards. It includes several advanced instruments for expert traders. Also, it provides an automated trading platform and conducts several free webinars for traders of all levels. There are other trading platforms offered my limefx for traders.
Excellent bonuses, high leverage, immediate execution, tight spreads, 24/5 support and no commissions. Additionally, there’s a tool called Trend Analysis that bluntly says if the asset “might fall” or “might rise” x or y%. The somewhat sensationalist headline is based on technical analysis by AI software that is also presented among trading ideas. However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.
Spreads start at 0.9 pips on the EUR/USD in exchange for a minimum deposit of only 100 GBP. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process.