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Curiosity about copy trading among Africans is higher than in other developed nations such as the United States, the United Kingdom and Australia, according to Google data on searches. Investigating the data, Finance Magnates found that some brokerages have seen a significant increase in copy trading adoption, especially during the height of the COVID-19 pandemic. For example, Axi reported a 300% increase in copy trading adoption over the last 24 months. LimeFx is committed to providing educational opportunities for today’s children that are relevant to the broker’s own line of work. 👉 Rebates are paiddailyto the selected referred clients who have closed any trades within the last 24 hours. 👉 In addition, another benefit is that traders can effortlessly switch between different charts and keep an eye on all trading transactions.
Plus, LimeFx has a lineup of experienced traders and analysts who provide live trading commentary during key fundamental events or release of critical economic data likely to affect prices. In all countries that LimeFx is active in, it supports deposits and withdrawals in local currencies using the familiar local payment methods. Next, in this LimeFx review, we look at the different account types available to a trader. Besides personal trading, LimeFx offer social trading through its website and mobile app. In the social trading app, investors can find traders with whom they want to allow trading.
Pros and Cons (LimeFx Broker Review)
It surpasses the offers of the competitors, which have already been mentioned in the review. On some accounts, the broker has one of the best offers. In order to understand how attractive LimeFx commission levels are, let’s compare them with competitors from LimeFx and LimeFx. For this, we will take several most popular trading instruments and an average spread on standard accounts. Spreads are pretty tight on some account types, withdrawal is fast.
One feature that LimeFx is proud of is its instant withdrawals. According to this broker, you can carry out a withdrawal in just seconds. No manual processing is necessary, and withdrawals are instant even on the weekends. In the MQL5 language, traders limefx can build automated trading tools. During our review, we found a considerable amount of payment processors that are often not possible to find in other brokers. Some clients complain about the limited in-house research that the online broker is up to.
👉 Nigerians will find that it is easy to get started with the LimeFx Trader platform since it includes all the necessities, such as candlesticks, indicators, and tools for computation. The LimeFx trading app is the ideal place to find CFDs on everything from FX to gold to oil to indices. LimeFx is one of the most popular brokers even though it is not yet regulated by the Capital Markets Authority in Nigeria.
They stuck our money into margin call even though we re deposit many times. I have been for 5 years now with LimeFx and they are the best for trading. Their withdrawal and deposits are fast and clear, with many ways to deposit and withdraw your money. I was very skeptical to start with LimeFx, but one of the guy requested me that it is a good platform. Deposited some 500$ funds, till now, it is not credited to my account. I have tired contacting, emailing support team, but all in vein with no response of them.
ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Trading instruments include over 115 currencies; popular cryptocurrencies including Bitcoin and Ethereum; and also precious metals, commodities, and stock indexes as CFDs.
We rated the educational content at LimeFx as better than average. The broker does not accept clients from the United States of America, American insular areas , Vatican City, Puerto Rico, Marshall Islands, US Virgin Islands). In the category of Tradable Instruments, LimeFx is strongest in forex, commodities, and indices and has a relatively sparse offering in stocks. A stock is a security that represents partial ownership of a corporation.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Customers will be able to choose between merchant accounts when opening a different account. In this account, you can choose currency and leverage. The password is then selected to activate the account. Business customers can open a live account or an alternative account for their work.
- Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
- LimeFx reviewsuggests that it offers traders a number of different ways to trade the markets.
- It allows investors to double-check whether their orders are being carried out correctly.
They don’t have to invest a lot of money to trade, and they can do it with a Zero account. For currency pairs such as EUR/USD, USD/JPY, and CAD/USD, the LimeFx Zero spread is incredibly low, nearly zero. Zero spread is, without a doubt, the ideal and appealing condition for brokers to attract traders. Most crypto exchanges support the EUR/ USD trading pair. The firm has provided traders with new opportunities, constant improvement, and a chance to explore different financial services.
Is LimeFx a Good Forex Broker?
Many retail investor accounts lose money when trading CFDs. Mini accounts can be funded with any amount at the discretion of the traders. Less financial products offered as compared to other online brokers of the like. After the entire details of the new customers are verified along with their financial details, the trading platform would be directly launched from the web.
Not only does LimeFx provide brokerage services that are both stable and reliable, but provision is also made for a comfortable trading environment. Visa and Master cards can be used for almost all entities. Though deposits are processed instantly, withdrawals typically take 3-5 working days if a bank card is used. When it comes to deposit and withdrawal options, it is interesting to know that the investors’ funds are processed with immediate effect. This is to help investors in transferring their money to and fro without any hassle.
The minimum deposit in Zero account to start trading is USD 200. In mainland Europe and the UK, LimeFx focuses on B2B financial services exclusively offered to Professional institutions. LimeFx accepts retail clients from the majority of countries outside Europe. In this section, we check the broker’s market offering and how varied the instruments and asset classes are.
LimeFx reviewsuggests that it offers traders a number of different ways to trade the markets. There are a variety of deposit methods to choose from, each with its own set of features and benefits. The minimum deposit and trading amounts vary depending on the methods and account types. The LimeFx app is one of the most convenient methods to access the LimeFx platform on the go.
A friend of mine on 2nd November 2022 tried to withdraw. He is a Nigerian and reside in Nigeria.he was has emergency issue . He quickly rushed to LimeFx to withdraw.but he forgot to put off his vpn on America location . Please I want to ask, how long will it take technical crew to resolve this issue.
LimeFx offers traders a choice between four accounts, namely a Standard, Raw Spread, Zero, and Pro Account. LimeFx holds client funds in segregated accounts and provides clients with customer protection. They also are one of the leading brokers that accept ZAR accounts deposit amounts depending on account type.
Lastly, the Professional ECN account features raw spread plus the commission per trade making it a good option for experienced traers. See some of the examples below for a better understanding of LimeFx costs and comparison with other brokers, as well compare fees to another broker FBS. However, the traders’ residents of particular countries should check the availability and the possibility to engage on the official website.
FAQ – The most asked questions about LimeFx :
Each active customer referred by an affiliate earns the affiliate a commission of up to $1,770. 👉 Rebate percentage can be set to be anything between 0% and 100%. ➡️ Go to and log into your account by click on “Sign In”. No, unfortunately not – LimeFx does not offer Vol https://limefx.group/ 75 Index trading. On the online application form, the applicant enters their country of residence, email, and a password that they will use to log in on the website and the LimeFx Trader app. Similar to WebTerminal in that it is a web version of a trading terminal.
The broker has a reputation for providing responsive and helpful customer support. LimeFx offers a mobile app that allows traders to access their accounts, trade, and manage their positions on-the-go. LimeFx has made their trading services super accessible with a low minimum deposit of just $1. LimeFx is I think on of the best CFD broker when it comes to tight spreads.
For me, the biggest forex brokers should be the most prestige. They are the biggest forex brokers because most traders choose them. If you want know more about LimeFx reputation, just ask your trader fellows. Two of these accounts offer almost similar features except for a few fundamental differences.
Related brokers
Plus, you have a fantastic choice of withdrawal methods to choose from. I found some crypto and metals have high spread and can’t do scalping on it. But overall other instruments like Gold and currency trading have good spread to trade. We will keep working to provide a good user experience.
They offer many local payment solutions as well as BTC and USDT crypto solutions. This includes S&P 500, FTSE 100, Dow Jones Industrial Average, to name a few. In addition, relevant data can be easily procured through request. You must note that sometimes their support can take some time to respond to queries. You should also raise any issues via their Live Chat support on their website.