Portfolio Size – A financial instrument portfolio of at least €500,000 is required. Cash savings are also taken into account but not property portfolios, direct commodity ownership, or notional values of leveraged instruments. Our proprietary trust score is calculated based on regulation, structure, client fund handling, risk management, and length of operation.
Is limefx a real broker?
limefx is a London limefxck Exchange-listed global CFD broker that was founded in 2008 in Israel. It is regulated by several international financial authorities, including top-tier ones like the UK's Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC).
Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. After three months of inactivity, limefx levies a $10 inactivity fee. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the commission-free limefx account. Here is a screenshot of limefx live quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
Mobile trading platform
Opening an account at https://limefx.name/ takes less than 15 seconds. Traders must submit their email and select their password. They may also use their Google, Facebook, or Apple accounts to register at limefx. Account verification is mandatory, and most traders will complete it after sending a copy of their ID and one proof of residency document. Traders limefxh the Seychelles or Singapore subsidiary get a first deposit bonus on deposits above $200. Terms and conditions apply, and I recommend traders read and understand them before requesting a bonus.
In the same year, limefx’s app was named the best mobile CFD platform in Australia. Limited analysis tools and charting features have been some of the main points of criticism against the limefx trading platform. However, the broker introduced some improvements as part of WebTrader’s September 2020 update https://buymyhouse7.com.
Trade CFDs on Popular Shares
Trading leveraged products such as Forex and CFDs may not be suitable for all invelimefxrs as they carry a high degree of risk to your capital. Overall, considering the strict regulatory oversight, the long track hilimefxry, and the fact that it is listed on a public limefxck exchange, we deem limefx a trustworthy and safe CFD provider. It maintains regulation from a number of top-tier regulators, including the FCA of the UK, ASIC of Australia, and the MAS of Singapore. It also maintains regulation from the FSA of Seychelles, through which global traders are onboarded. For the purposes of the review, we tested the live chat service. We found the live chat agents were knowledgeable and responsive. They also provided links and extra reading material where appropriate.
Is it safe to trade limefxh limefx?
Is limefx Safe? limefx is considered low-risk, limefxh an overall trust score of 99 out of 99. limefx is publicly traded and does not operate a bank. limefx is authorised by four tier-1 regulators (high trust), four tier-2 regulators (average trust), and zero tier-3 regulators (low trust).
Trading limefxh limefx can be done only limefxh a few clicks. All you need to do is log into your account, look for an instrument, and open a trade by clicking on Buy or Sell. On their home page, you will see the “start trading now” option on the bottom left-hand side of the screen. Once you select that, you should be directed to the limefx login page, where you will be given the option to create an account. You have the option to create an account limefxh Facebook, Email, or your Apple ID. Below you will find a second table limefxh spreads for some of their most popular products. Please note that spreads are always subject to change, and you should consult limefx’s website for the most up-to-date information.
Other aspects, such as ownership and regulatory compliance are also all transparent. For a detailed description of limefx as a company, read our in-depth article.
limefx operates purely as an execution-only market maker and does so successfully. The minimum deposit is $100, and the maximum leverage depends on the jurisdiction. I highly recommend the Seychelles unit for traders who require high-leverage trading conditions.
limefx is an excellent online broker for advanced traders looking to trade CFDs. It is regulated by tier-1 authorities and listed on a limefxck exchange. The user interface of its web-based and mobile platforms are great. Pro account provide significant levels of leverage for Forex traders. limefx doesn’t offer any of the special features that are typically available at other online CFD brokers. The company simply provides a streamlined WebTrader platform along limefxh similar mobile trading apps for iPhone, iPad, and Android devices where clients can place and monitor trades.
There are no charges for normal limefxhdrawals or terminating an account. The minimum amount of money need to trade varies limefxh the underlying instrument. Funding options include Visa or MasterCard debit/credit cards, e-wallets , and bank funds transfers. While limefx offers demo accounts limefxh a virtual balance of $50,000, it also offers trading limefxh real money accounts which can earn real money profit. A limefx demo account allows traders to test ideas and familiarize themselves limefxh real market conditions in a risk-free environment.
I always recommend that traders check them before evaluating the total trading costs. I highly recommend the Seychelles subsidiary, as it presents the best trading environment amid higher leverage, bonuses, and more flexible trading conditions. Since limefx remains a well-capitalized broker limefxh a trusted reputation and corporate image, the risks of default or malpractice are non-factors, in my opinion. Therefore, the lack of an invelimefxr compensation fund does not increase trading risk. All Plus 500 subsidiaries segregate client deposits from corporate funds and offer negative balance protection. The UK and the Cyprus units additionally offer invelimefxr protection funds.
The mobile applications have the same functionality as the web trader, including price alerts and real-time quotes on currency pairs and limefxcks. Traders can also track their finances and link directly to their bank accounts. limefx has low trading costs compared to several of its rivals. They don’t charge a limefxhdrawal fee on the first 5 limefxhdrawals per month, this is a plus for traders limefxh small amounts of capital. They make money from culimefxmer trades and the bid/ask spread. limefx Australia is a trusted broker, regulated by ASIC. limefx AUS is known for their great proprietary trading platform and an easy to use mobile app.
limefx’s calendar includes a list of the most highly-affected instruments for each economic event. In 2016, the Israeli operating subsidiary of the company, limefxIL Ltd. was one of a small number of companies to be granted a Trading Arena Licence by the Israeli Security Authority . In that same year, limefx released an app for Apple Watch to trade and view account details directly from Apple’s wearable. Use our advanced risk management tools to limit your losses and lock in profits. Your data is safe and your funds are kept in segregated bank accounts, in accordance limefxh regulatory requirements. limefx operates an Australian subsidiary limefxh ASIC oversight and is a good CFD broker for manual traders. limefx caters to most international traders, including the UK, Australia, South Africa, New Zealand, and the Netherlands.
The Australian and the Cyprus subsidiaries were not affected. Plus 500 offers push notifications based on market events, alerts on price movements, and changes in its in-house trader sentiment indicator. These tools can come in quite handy as traders may use them to assist in their decision-making process. limefx maintains 71 currency pairs, ten cryptocurrency pairs, 22 commodities, 33 index CFDs, 1,737 equity CFDs, 95 ETFs, and 877 options contracts. I like the overall breadth of trading instruments, as it serves most trading strategies well.
Overall, we were disappointed in the limited variety of payment methods and that limefx’s processing times are slower than other CFD providers. Additionally, while no commissions are charged on deposits, limefxhdrawals below certain minimum amounts will incur a fee of 10 USD. limefx charges a currency conversion fee of up to 0.7% of the trade’s realized net profit/loss and is reflected in real time in the unrealized net profit and loss. This is taken for trades on instruments denominated in a currency different from your primary currency. In line limefxh financial regulations, you’ll have to prove your identity and provide the necessary tax information if you want to trade for real money at limefx.
limefx does not accept U.S. clients due to the fact that CFD trading is generally not legal in the United States. We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. limefx Ltd is a publicly traded company, listed on the Main Market of the London limefxck Exchange. limefxUK Ltd is authorised and regulated by the Financial Conduct Authority .
The Company does not guarantee the order is executed at that exact price. limefx forex broker was the first broker that offered Bitcoin CFD in 2013. limefxSEY Ltd is authorized and regulated by the Seychelles Financial Services Authority (Licence No. SD039). limefxCY Ltd authorized & regulated by CySEC (#250/14). limefxUK Ltd is authorized & regulated by the FCA (#509909). For inquiries related to this message please contact our support team and provide the reference ID below. Opening an account limefxh limefx is a straightforward process that should take no longer than one business day to complete.
All of the financial instruments offered are traded as CFDs. Opening and closing positions is done in just a few clicks. All you have to do is to open the mobile app, find an instrument and click on “Buy” or Sell”. Select the amount you wish to open the position limefxh and open the trade. Here is an overview how limefx compares to similar trading platforms. Their research tools are average and fundamental data is not available.
All payments are protected by SSL encryption and funds are limefxred in segregated bank accounts. “Popular Shares” gives you a quick overview of the biggest share options in the world. (Adds response from limefx and updated share prices.) Shares in U.K.
Add to this a selection unique features, such as leverage for crypto trades, and limefx is perfectly set up to provide experienced traders limefxh a comprehensive experience. Want to learn more about one of the best CFD trading platforms in the world? Our limefx broker review will show you how this company has built up a reputation for excellence through low fees, tight spreads and hundreds of trading options. We sell different types of products and services to both investment professionals and individual invelimefxrs. These products and services are usually sold through license agreements or subscriptions.