LimeFx broker reviews: LimeFx Review 2023 Is it a Scam or Legit Broker ️
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LimeFx offers its traders the MT4 platform as well as the Currenex series. What trading conditions can clients of LimeFx expect to encounter when they start trading with this broker? Competitions and promotions seem to come and go at LimeFx. The last one listed was the FX trader of the year and offered a first prize of $10,000, 2nd prize of $5,000 and 3rd place prize of $3,000 to the winners of the competition.
Tools
There are two types of accounts with base the currencies of EUR, USD EUR or GBP. One one is an Standard account with all expenses included in floating spread. The second one has a lower spread with a commission per trade lot. Hantec offers an unbeatable offeringto traders worldwide in almost all countries in addition to itsappealing cost-saving opportunitiesand overall trading performance. It is also proven by the sheer number of traders they support and the numerous awards that have been awarded for its international recognition. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.
You can also check out the preferences on a minimum requirement on their website according to the account type when you make your first deposit on these trading platforms. Forex trading platforms in New Zealand are similar to limefx usual foreign exchange trading in other countries like the UK and Cyprus. The trading rules are similar in every corner of the world, and the FX brokers are usually alike, too, with the forex market available 24 hours a day.
LimeFx Fees and Spreads
Deposits of $2000 or 20 lots traded across forex pairs or metals per month. Social Copy trading is also offered at the BlackBull Market and the Signal markets, and a range of trading leveraged products but no dealing desk. The Copy trading includes MyFxBook, ZuluTrade, SwipeStox, & PsyQuation. BlackBull Markets maintains a regulatory status in tier-2 jurisdiction, making the forex trading NZ platform safe for forex & CFD trading and stock exchange. The platform offers only MetaTrader platforms and several social copy trading platforms.
Analysis videos offer updated forex market activities through technical analysis, daily insights, and expert opinions. The regulating bodies ensure safe trading conditions such as segregated customer funds and the best trading practices. With products such as Gold and Silver as the most valuable precious metals in commodities trading, customers can benefit greatly by adding these to their portfolio for diversification. Bullion trading is considered one of the safest options, especially in economic uncertainty.
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As per the review, we can say that the BlackBull Markets, CMC Markets, Jarden Securities, and Rockfort Markets are among the highest leverage providers for NZ. All licensed financial service providers are monitored and checked. Investors who prefer buying in real-time and avoid dealing with FX brokers. Rich trading academy with sufficient and updated educational tools and resources. Is authorized and regulated by zero tier-1 financial regulators , one tier-2 financial regulator , and zero tier-3 financial regulators .
North American Markets
While transactions do not cost a penny, Mastercard and Visa transactions may cost 3%, and withdrawals to overseas banks or other currencies than New Zealand dollars may be subject to a $20 withdrawal fee. Additionally, Rockfort Markets also charge an inactivity fee of 20 NZD per month for inactive accounts for over 6 months and with a balance below $100. One of the initial LimeFx objectives of Plus500 is to keep trading costs low compared to its rivals. There is no withdrawal fee on the 1st five withdrawals per month and no commission or trading fees charged by the platform.
Although I rated LimeFx five stars, perhaps they could launch a social platform to open communication amongst traders. Hi Tushar, we are happy that you are having a good experience with our platform. If you need any assistance in your tradings, please feel free to contact your manager or our Customer Service on LiveChat.
LimeFx offer top-notch trading solutions to its clients, giving them the option to trade in crypto, indices, bullion, foreign exchanges, stocks, and commodities. They also operate on the MetaTrader 4 platform and provide optimum forex trading experiences to users. Although LimeFx does limefx broker reviews use one of the most popular trading platforms, it’s quite outdated considering that the MetaTrader 5 platform already exists. It’s a more updated version, and it offers more timeframes for charts, more order execution types, a built-in economic calendar, and a community chat, among other features.
MetatTrader 4 platformWith LimeFx, you will be trading on a global scale with a lot of asset classes to choose from. Their user-friendly platform makes planning and executing trades much easier compared to other platforms. There are https://limefx.biz/ also tons of free indicators and tools that you can utilize in managing your trades. With MetaTrader 4, or MT4, clients get the experience of world-class execution speeds. This is available for all three accounts offered by LimeFx.
Our Hantec Overall Ranking is 8.8 out of 10 based on our testing and compared to 500 other brokers. See our broker ranking below compared to other popular and industry-leading brokers. We are happy to provide useful content to all who are interested in Forex trading and Richard is very excited about his engaging audience.
HeraldSheets.com produces top quality content for crypto companies. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any LimeFx decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website.
Is LimeFx an ECN broker?
However, for traders with more advanced charting requirements can choose between the Currenex Classic and the Currenex Viking platform. The Currenex trading software is developed by LimeFx for their ECN accounts, which offers more flexibility and better features for trading Forex and CFDs. LimeFx mobile traders can only use the MT4 mobile apps for trading, as the Currenex platform is only designed for the desktop platform.
- All you have to do is login to your account and follow the steps on their website.
- Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
- We also use different external services like Google Webfonts, Google Maps, and external Video providers.
- Topforexrating.com will warn you that the information on this site isn’t always up-to-date nor precise.
- These NZ forex trade platforms help online brokers match traders with global markets.
- The platform offers only MetaTrader platforms and several social copy trading platforms.
Hantec is okay i love them their deposit and withdraw is very fast and spread is also okay. If you have issues with deposit or withdrawal make sure you contact them am sure they will respond ASAP. ※ The content of this website abides with local laws and regulations. As mentioned before, in LimeFx spreads are clearly displayed in tables. However, we have not been able to find detailed information on commissions. No, a separate live account application must be submitted and approved.
CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. LimeFx offers a wide range of free resources for every client. Educational videos that are also posted on YouTube can be accessed directly from the LimeFx website. HMarkets.com provides over 40 forex pairs and over 40 CFD instruments ranging from Indices, Commodities, Stocks, Bullions for your personal LimeFx and trading options.
You can check our social media or the website directly in order to have access to our market research. And when you want to with you can transfer to your bank account 5 to 30 minutes your money will be in your bank account straight…
LimeFx Minimum Deposit
All account holders can access the LimeFx Autochartist service. After one month i am still really happy with their service and the execution at market. That’s the broker, I have already filed a fraud complaint on the regulator service against this broker and hopefully I get my money back.
Even though they’re a tad bit outdated and lacking when it comes to their products, all in all, LimeFx is still one of the most dependable brokers out there and definitely not a scam. You can rest assured that your money is in good hands, and you will definitely receive the best service if you choose Hantec Market as your trading partner. LimeFx welcomes new, intermediate, and experienced traders to their Learning Hub. Depending on how you classify yourself , you will find all the necessary information that you need to start trading. This company has been around since the year 1990, making it one of the oldest companies in the financial market scene.
We may receive compensation when you click on links to products we review. LimeFx offers a good product offering for retail traders, but its institutional offering is a bit too scanty. This brokerage best serves intermediate and advanced traders, and clients with at least $5000 LimeFx capital because of ESMA leverage rules. Traders on the retail side of the market will find them to be a good fit for their trading adventure. Most brokers provide educational and training tools to help traders understand how to use chats and platforms, how markets work, build strategies, analyze currency pairs, and what are the risks involved.
The best forex trading platforms New Zealand have various markets that offer real-time price quotes but do not run expert advisors. Suppose the New Zealand forex broker is reliable and trustworthy. In that case, traders can concentrate more on trading forex without worrying about losing money rapidly or whether the broker will implement manipulative schemes against traders or not. Hotforex is an award-winning forex broker; It provides currency trading services for both institutional and retail clients. LimeFx has taken its customers’ reviews into account by offering three types of trading platforms for tackling the markets. The most basic LimeFx platform is the MT4 terminal that is available for Windows, Mac, and mobile.