limefx Review: Spread Betting, CFDs and Forex

Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions. Daytrading.com may receive compensation from the brands or services mentioned on this website. The broker offers trading in forex, commodities, cryptos, CFDs, indices, stocks, and bullion.

There are over 1,350 total instruments, 300+ of which are forex. Yes, limefx run periodic competitions for traders with demo accounts. There is a $10 minimum deposit when opening a Cent trading account. With that said, some payment providers may have their own minimum transaction requirements. All traders, including professionals, receive negative balance protection of up to $10,000.

Understanding the Economics of Cryptocurrencies

You should also try to deal with a broker that will facilitate NZD deposits and base currencies as this can work to limit any conversion costs you may incur. The broker’s withdrawal policy states that withdrawals will be processed back to the same method that was used to fund the account. Note that the broker does not accept requests to withdraw funds limefx forex broker to a third party, funds can only be sent to an account that matches the account holder’s name on the trading account. As usual, traders will likely see charges on withdrawals made through bank wire. Those charges can vary based on the bank in question, so it may be worth reaching out to your personal bank to ask about any potential charges.

Simply put, Acuity makes it easier for traders to identify market opportunities. Our technology uncovers a wealth of untapped intelligence from millions of news articles and disparate data sets and presents that intelligence via beautiful and intuitive trading tools. With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.

limefx Payment Methods

Yes, we have given limefx a high 90% trust score in this review and believe traders should be safe here. One of the main positives for limefx is that they’re regulated by our own Financial Conduct Authority here in the UK. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector. Considering the fact that each broker available in New Zealand should be regulated by the FMA then there are just a few general rules in place that you should follow when starting out in forex trading in NZ.

• All traders, including professionals, receive negative balance protection of up to $10,000.
• Be aware that scammers may give out other false details or mix these with some correct details of the registered firm.
• Our technology uncovers a wealth of untapped intelligence from millions of news articles and disparate data sets and presents that intelligence via beautiful and intuitive trading tools.

Their knowledge of the Forex industry, along with the time they dedicate to learn about our company, allowed them to easily identify the key areas that we needed to focus on. In turn this attention to detail was able to generate the results we were after to help our company grow. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Its sad that a company has to resort to this to keep clients money or induce you to keep trading with them, very low trading tactics. I have been requesting withdraws now for more than a month and they just wont process it.

Forex Trading

You will join our highly skilled iOS dev team, helping us build our trading Apps, including transitioning to SwiftUI. Participation in the execution of “deep dives” on market https://limefx.name/ risks related to trading strategies or complex structures / specific transaction. Experience with analytics platforms like Google Analytics and Google Search Console.

• Still, the spreads offered by this broker are low, and traders will have a difficult time finding a more competitive offer for the price.
• One of the main positives for limefx is that they’re regulated by our own Financial Conduct Authority here in the UK.
• We could spend all day throwing out facts, but if you’ve never traded from MT4 before, we recommend opening a free demo account so that you can see for yourself why you’ll never need another platform again.
• Our studio creates brands, campaigns and websites and our graphic designers and developers are some of the best in the industry.
• Allowing control over your trading no matter where you are, the app provides 30 indicators, several charting types, multiple order types, and rapid execution.
• I have been requesting withdraws now for more than a month and they just wont process it.

At limefx we constantly strive to provide the best execution. limefx shares this ethos and has embroidered the same in tailoring our service to our client’s needs. Starting the second half of the 2022 season and through the 2023 season, limefx brand logo will appear on the nose of the VF-22 race cars. All limefx clients have a dedicated relationship manager assigned. This manager is a single point of contact for all queries and issues, available from the live chat tool.

How To Trade The Infamous Turtle Soup Strategy?

European clients are not charged for deposits and withdrawals, but international clients can be charged for large withdrawals with e-wallets. 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. Bullion spreads are 5 cents for silver and 50 cents for gold.

limefx Limited was created in 2008, formed by an experienced financial services company with 30 years of experience in helping traders. Headquartered in London, UK, the EU-regulated broker has since opened tens of thousands of live accounts for clients throughout the world, from Europe to the Middle East. The portal provided clients with a simple User Interface and powerful features enabling them to view historical trades on single and multiple accounts and deposit/withdraw funds with ease. Secondly it needed to attract potential clients with clear visual messaging and easy to understand content. Support isn’t always online at each location, at the time we checked, support was active in China and the UK. Hantec prides itself on the fact that they connect users to one department for all of their inquiries and even technical problems, instead of bouncing one around like many other brokers have been known to do.

Hantec profit is slow and Loss is faster

limefx provide a FIX API that reduces execution times and streamlines trades for more experienced clients. This opens the door to more advanced trading strategies and can be customized to suit personal requirements and programmed for algorithmic trading. There is a wealth of educational resources on the limefx website, such as market reports, analysis videos, YouTube webinars from Nigerian and African traders, plus podcasts. There is also a learning hub with four experience tiers plus strategy creation and risk management lessons. Professional traders may be able to negotiate higher leverage rates by speaking to the customer support team, contact details for which are below. Leverage the leading indicator properties of news sentiment data to guide limefx decision-making.

Clients can trade FX, indices, commodities and shares on MT4, MT5 and cTrader platforms. Careful traders will be pleased to know that limefx is licensed to provide trading services by multiple regulatory bodies, 8 in fact, including the FCA. Within Europe due to ESMA regulations, all brokers have to apply negative balance protection. This is not the case in New Zealand and you could find that a big market swing may leave you with a negative balance. To that end, you need to make sure your broker’s spread is as low as possible and that they also keep their non-trading fees to a minimum.

Broker details for limefx

You can trade from anywhere in the world except for its list of restricted countries. limefx Limited is authorized within the European Economic Area and regulated by the UK Financial Conduct Authority . As part of its FCA licensing conditions, European clients are insured for up to £85,000 in the event of broker insolvency. You can find out more about this scam tactic and how to protect yourself from clone firms. Working directly with a number of product owners and other teams on a number of initiatives. If you want to compare limefx with other brokers, use the detailed comparisons below.