Investors in ETFs do not need to physically purchase the investment instrument. LimeFX allow its traders to trade both share CFDs as well as indices. It has 10,000+ Australian and international share CFDs to trade in famous markets like London, Hongkong, and Paris.
Platforms and Tools
While it’s disappointing that LimeFX doesn’t support PayPal, they make up for it by offering limefx courses scam the option to fund your account with cryptocurrencies such as USDT, BTC, ETH, and LTC. This unique feature sets LimeFX apart from the majority of other brokers that don’t offer crypto funding. What’s great is that the demo account functions exactly like live accounts.
Popular Forex Guides
A quality FAQ section answers many questions, and most traders may require additional assistance only during emergencies. The asset selection for MT4/MT5 traders consists of more than 250 trading instruments, an adequate level of choice for most traders. Forex traders get 70+ currency pairs, and diversification opportunities exist via cryptocurrencies, commodities and metals, indices, equity CFDs (available through the MT5 trading platform), and bonds. The IRESS trading platform lists over 10,000 equity CFDs and a few futures contracts, but its availability remains geographically restricted. Trading fees have the most notable direct impact on any strategy, and LimeFX offers two pricing models.
Does LimeFX accept Canadian clients?
The withdrawal process remains swift and hassle-free, earning LimeFX a top rating in this category. The back office makes it easy to request a withdrawal, which takes a few seconds. There are no internal withdrawal costs at LimeFX, but third-party charges may apply, dependent on the selected method. Processing times also depend on the chosen method, and LimeFX notes one business day for internal processing times. Per AML guidelines, the name on the trading account and payment processor must be identical.
It covers many industries like Big Tech, aviation, tourism, and pharmaceuticals. The two platforms made available to clients to trade CFDs are Iress and MT5. LimeFX provides traders with an outstanding trading experience. Its list of supported countries includes Australia, China, Germany, UAE, the UK, etc. This policy ensures that traders can manage their funds efficiently without worrying about additional costs.
Traders should always exercise caution when reading user reviews, especially for overly positive or negative remarks. Our in-house research confirms an excellent LimeFX User Experience. The account opening process at LimeFX follows well-established industry practices but requires some more data than many international competitors. New traders should familiarize themselves with the top menu icons, which offer several advantages. The user interface is the same as when MT4 launched in 2005, featuring a dated design, but plug-ins exist to change it.
The commission-free Standard account shows an average mark-up of 1.15 for the EUR/USD. Traders should always trade with a regulated broker but ensure that the trading environment remains competitive. Australian clients will deal with the subsidiary, regulated by the Australian Securities and Investments Commission (ASIC), First Prudential Markets PTY LTD.
Professional Accounts
- However, that pricing is only available with the MetaTrader platform, and LimeFX offers only 764 symbols on MetaTrader 5 (MT5).
- The app and design is amazing I haven’t yet deposited or withdrawn yet we shall I see how the broker performs in other sectors.
- While our evaluation points to an average performance of the LimeFX mobile trading apps, they still provide a solid, functional mobile trading experience that can meet most traders’ needs effectively.
- Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment.
Supporting documentation proving Islamic status may be required from the client in some cases. The $6.00 commission for Forex traders per 1.0 standard lots remains among the best industry wide. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by limefx forex broker industry experts to help our users make smarter financial decisions.