Maulik Patel

In this section of the review, LimeFx fees will be looked at in detail. The broker’s fees tend to vary depending on the account type the trader has opened. There are no commissions levied on traders, regardless of account type. However, spreads can vary, with Gold account holders seeing spreads as low as 0.05 and Platinum holders enjoying 0.03 – while Silver account holders can see spreads of 1.8.

The product mix includes 50 FX pairs, 51 cryptocurrencies, 17 commodities, 20 global stock and volatility indices, 214 share CFDs, and three ETFs. To access the offerings, you have to create a client area log in by filling out a simple to complete account opening form. Once your LimeFx brokerage account is open, go to the client area to view your profile, to deposit/withdraw funds, download trading platforms, or connect with the client helpdesk. On the product front, the brokerage has covered all the major asset classes, with the LimeFx stocks and the cryptocurrencies range standing out. The cutting-edge MT4 platform with its variety of analytical tools and trading parameters enhances the trading experience.

How to Get a $35 No Deposit Bonus from HF Markets

Unlike other brokers, LimeFx does not reserve any account types for those who deposit or trade more. Instead, you can open any of the three account types with just $250. In fact, there are over 30 crypto CFDs to choose from, including Bitcoin, Ripple, and Ethereum.

• All this comes with the ASIC and NZFMA regulations that mandate ample capital requirements, regular audits, appropriate risk management policies, client and data privacy.
• The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
• Be aware, AU company has been imposed with trading leverage limitations by ASIC since the end of March 2021.
• The same method that was used to fund an account must normally be used to withdraw money.
• 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.

Spreads and leverage are decent, the process of withdrawal is quite fast and stress-free. I was looking for a decent broker that’s available in Australia for a while and I’m glad I’ve finally found it. LimeFx has an amazing work ethic and approach towards customers. Be aware, AU company has been imposed with trading leverage limitations by ASIC since the end of March 2021.

Our recommendation: Trading at LimeFx

LimeFx warns potential traders that Forex and CFDs trading always carries a high level of risk, therefore may not be suitable for all investors. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. The ease with which such support teams can be contacted may also play a role when choosing a broker.

Our LimeFx reviewers were happy to find that the broker offers three different account types. These are all suitable for most types of traders thanks to a low minimum deposit limit of just $250. LimeFx is one of the newest entrants in the Australian CFD broking industry. The trading brand of CTRL LimeFxs Limited emerged from the takeover of MahiFX by LGT Solutions Limited in the second half of 2019. Operating out of New Zealand, LimeFx is a market-making broker, offering hundreds of CFD products on the globally renowned MetaTrader 4 platforms.

HF Markets vs. Equiti

This is a security measure to prevent fraudulent activities such as multiple account registrations. The broker is regulated by various regulatory authorities, including Capital Markets Authority of Kenya, CySEC, DFSA , FCA , FSA , FSA (St. Vincent & Grenadines), FSC , and FSCA . We have no knowledge of a Peter from Manchester working at MahiFX and being such a fan of our platform, but we did have a rather over-enthusiastic and misguided marketing intern who is no longer with us. We really are very sorry about this as it does not align at all with the company? The broker is trustworthy and provides multi functional platform.

Usually, it takes 2-3 days to complete the withdrawal request by the broker.. Visit the broker’s official websiteand click on the “Open account” button, a new registration page will open on your System’s screen. As per the review, LimeFx follows strict security rules and the users can be sure that their data is tightly secure. Besides, the platform uses SSL technology and has firewalls in place to enhance security. This broker is regulated by regulatory authorities such as ASIC and FMA. On top of that, you would be surprised how fast your trades happen.

Spreads as low as 16 points are available, though this rises as high as 1,000 points for some pairs. This LimeFx forex review will share https://limefx.vip/ more about the trading conditions on the platform. LimeFx is a forex and CFD brokerage company operating in Australia and New Zealand.

LimeFx is a zero-commission broker, which is one of the USP’s of the CFD broking firm. So, regardless of the financial instrument or the trading volumes, the primary client trading cost is the bid-ask spread. However, clients signing up with the CFD limefx company reviews broker have to bear high subsidiary costs in the form of fees. These include the swap fee, typically charged on overnight positions. Yes, LimeFx offers a MetaTrader 4 platform for trading which is useful to predict the future market of the assets.

The platform offers real time monitoring, analysis of markets using 3 different chart types and multiple technical indicators. 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. When it comes to trading conditions, LimeFx offers variable spreads and leverage, which largely depend on the kind of trader you are. Novice traders are charged a higher spread and lower leverage compared to professional clients, which is more or less in line with the offerings of other CFD brokers.

Comprehensive review

Based on our frequent interaction, we found the team to be professional in their approach, although we were not satisfied with the speed of replies, including the initial reaction time. We think this is one area where the brokerage should improve dramatically, especially since they are open only 11 hours a day. Video on demand – Short audio-video films for beginners and advanced traders on the various market parameters like risk, trading style, market analysis, chart patterns, and several other topics.

It doesn’t matter if you are an FX trader or are trading stocks on the LimeFx platform, you would still have access to a massive cache of analytical tools on one of the most user-friendly CFD platforms. LimeFx brokerage platform consists of a wide range of educational material such as commodities articles, trading articles, videos, courses, tutorials, and e-books. Traders can enhance their knowledge with the help of educational material. Therefore, it is profitable for both professional and new traders. To be on the safer side, the minimum withdrawal amount starts from 100 AUD, where there are no fees applied. This broker offers some of the latest trading trends with cryptocurrency.

They can be traded around the clock due to the decentralised nature of the blockchain system that powers these assets. Gold, Bitcoin, or FX trading via derivatives can be done in an optimised manner with the tools our online trading app offers for traders. It is now possible to boost trading strategies by implementing technical analysis, using ‘stop loss’ and ‘take profit’ orders, performing one-click order execution, and many more. Stay focused on your objectives in your mobile without sacrificing the full functionality of web and desktop versions of MT4.

And be warned that unregulated brokers most certainly plan to do so. Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case. If you want the fastest response possible, we recommend choosing live chat or phone support as you can get through to an agent within seconds. If you want more detailed answers, however, lime fx then it’s worth waiting for an email reply. LimeFx offers research options like market research through an economic calendar and earnings season calendar. Forex trading, or currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates.

All in all, we appreciate LimeFx’s efforts in being a dedicated and fully regulated forex broker for traders in Australia and New Zealand. By registering with LimeFx, you’ll gain access to over 300 CFDs in six asset classes. You’ll also be able to trade with a generous amount of leverage, research tools, and a high-quality trading platform. To learn more about the broker, continue reading our in-depth review. The customer service offered by LimeFx is dedicated and professional.

Is HF Markets $35 No Deposit Bonus Worth It?

All the support channels are open from 2.00 am -1.00 pm GMT, Monday through Friday, although the brokerage claims 24/5 full support, in the website. The MT4 desktop version is far more advanced in comparison with the browser-based terminal and also supports multiple operating systems. Besides placing manual orders, users can also carry out fully automated and copy trading, monitor various charts, place trading alerts, and access the best bids and offers from the market depth panel.

First withdrawal took way more time and hustle than I expected so was scared I wouldn’t receive my money but it actually ended up going well and all the next withdrawals were quick. Overall, our LimeFx review team agreed that this is a great option for Australian and New Zealander traders. The sign-up process is quick and easy too, so nothing is standing in your way of experiencing LimeFx today. LimeFx is the trading name of CTRL LimeFxs Limited which is licensed and regulated by both the Australian Securities and LimeFxs Commission , and New Zealand’s Financial Markets Authority . As both of these regulators are highly-regarded in the industry, you can rest assured that LimeFx is a very trustworthy and secure broker. Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions.

Our webtrader isn’t just a trading platform, it’s your central location for everything forex. Manage your profile, transfer funds, see the latest news and analysis, learn more about the markets, and trade, all in a single browser window. Enjoy a complete forex trading experience from your browser with the Trading.com webtrader, no download required. With detailed charting, advanced tools and a customizable interface, our platform has everything you need to start trading currencies on any web-enabled device. FXreviewsaccords traders and investors with some of the best hand picked brokers that can harvest their needs for booking profits in the world of financial market. The lowest deposit is $ 250 for opening an account on LimeFx.