Head to the bottom of the homepage to locate a referral offer that allows traders to earn up to $250 for getting other people to open a CFD trading account. The terms of this offer are rather simple – your referral must deposit at least $200 and place 3 trades. LimeFX offers 24/7 customer support via live chat, email, WhatsApp, Telegram, Viber, and Facebook Messenger to their traders.
Ultimately, the LimeFX trading platform gives you access to all of the tools and features you will need to trade effectively. On the flip side, a lack of support for MT4/5 means that you won’t have the ability to deploy CFD and forex robots. As there is no Copy Trading feature either, you won’t be able to benefit from passive trading at LimeFX. When it comes to the trading platform itself, LimeFX does not support third-party providers like MT4, MT5, or ZuluTrade. Instead, LimeFX offers its own proprietary software that was built from the ground up.
Our LimeFX review found that there is much to like about the FCA-regulated broker. You will have access to over 3,000+ CFD products, all of which can be traded on a commission-free basis. Spreads are tight, security is reliable, and you can get started with a deposit of just £20. LimeFX also offers a small selection of order types that allow you to trade in a risk-averse manner. For those unaware, this allows you to limit the amount you can lose from a specific trade. For example, you might be trading Royal Mail shares and want to limit your potential losses to 1%.
- Payment methods accepted on LimeFX for deposits and withdrawals are bank transfers, cards, e-wallets like Trustly and PayPal, and Apple Pay.
- The LimeFX web trading platform is user-friendly and has a great design.
- Ranking list of the 5 best South Africa Stock brokers, comparing trustworthiness, capabilities, fees and legitimacy versus each other.
74-89% of retail investor accounts lose money when trading CFDs. LimeFX stands out as one of the best brokers available, offering a superior, intuitive user experience with its award-winning proprietary trading platform. The platform’s technology enables customisable charts, user-friendly analysis tools, educational materials and round-the-clock support for traders. Instead, there is a standard retail account and a separate account for corporate traders.
LimeFX App
Overall, the LimeFX web platform is a great choice for nearly all types of traders, balancing ease of use with a variety of rich features. It ranks closely behind platform offerings from the best forex brokers in this category. Been trading on this platform quite a long time , and i really liked it untill now .Since allready 1 week limefx reviews they are reviewing my account without any reason for it. The broker offers a pretty wide range of instruments traders can choose from based on their needs and use LimeFX’s user-friendly portal to benefit from trading. We found that LimeFX allows you to choose from 3 account types, which are Standard, Plus, and Premier.
During our LimeFX review UK, we connected to an agent within minutes and complex responses received relevant responses. The Web Trader platform is this broker’s main platform and it has won multiple awards for excellence. Investors can access more than 75 technical indicators, a range of trading charts, and drawing tools too. We found the platform to be highly customisable and it featured several hedging and risk management tools also. LimeFX is an award-winning global investment broker that emerged from the UK and quickly became an industry leader in leveraged CFD trading.
Does LimeFX offer shares?
LimeFX has implemented negative balance protection and margin closeouts to ensure that traders don’t ever lose more money than they put in. The EEA registration and the provision of services on a cross-border basis performed by authorization from cross authorities within Europe make LimeFX operation standards highly reasonable. Before you start trading at LimeFX, you must deposit a minimum amount into your trading account, which is $20 if done by credit/debit card, Apple Pay or PayPal. Once you have made your deposit, it is possible to invest as little as $1 at a time. On the plus side, forex CFD fees are low, the account opening is very user-friendly, and customer support is exceptional. A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank.
LimeFX has its own self-developed mobile trading platform. The options for withdrawing funds are the same as for deposits. We ranked LimeFX’s fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us. We compared LimeFX’s fees with those of XTB and Trading 212, two similar brokers selected by our analysts.
Broker Types
The broker allows its clients to change the size of leverage, which is great. Changing leverage is a useful feature when you want to lower the risk of your trade. LimeFX offers individual accounts as the standard account. You can also open a corporate account, but you need to contact customer support directly to set this up. Still, LimeFX is far from being an all-round broker, as popular asset classes such as real stocks and options are not available.
- However, not only does the platform keep you up-to-date with upcoming IPO listings, but it typically offers the stock CFD in question within a couple of days of the launch.
- This broker offers 0% commissions on more than 6,000 instruments and saw more than 400% growth in the first half of 2021 alone.
- Cursory inspection shows the platform to feel pretty good and be much more intuitive than some others.
- For learners, the platform offers a user-friendly demo to get to grips with charts, positions and indicators, and comprehensive educational resources and dedicated 24/7 support are available.
- You can have British Pound sterling – GBP, Euros – EUR, or United States Dollar – USD as the base currency of your account on LimeFX.
- If you use a credit/debit card, they will transfer money back to the card you used.
No commissions and tight spreads make this broker a great choice for any trader. The overnight fees for stock CFDs are charged based on the leveraged provided rather than the entire value for your shares and the fees across different instruments will vary https://limefx.name/ between the assets. Overnight fees on Commodities, Forex, and Indices are based on the entire value of the position, however. This broker offers 0% commissions on more than 6,000 instruments and saw more than 400% growth in the first half of 2021 alone.
Mobile trading apps
One of the other great points we should admit is Customer Support. LimeFX multilingual support (supports 24 languages worldwide) is available with the service the trader requires daily which is also on a very sustainable and professional level. You can Live Chat, Phone, or Email them within working hours 24/7. In order to use LimeFX, first of all, you need to open an account. To do so, you need to fill in a registration form with personal details, after which you need to choose between a demo and a real account.
With 500,000 clients and more than $530 billion in trading volumes, LimeFX is one of the fastest-growing trading platforms in the world. LimeFX offers financial spread betting and CFDs (contracts for difference) on forex, indices, commodities and shares. They also have a Zero commission investing feature on the app. Buyshares.co.uk provides top quality insights through financial educational guides and video tutorials on how to buy shares and invest in stocks. We compare the top providers along with in-depth insights on their product offerings too.
However, you might decide that you want confirmation from the markets that HSBC is a buy – and subsequently wait to see if the stocks hit 400p. If you have a slightly higher appetite for risk, then LimeFX allows you to trade heaps of cryptocurrency pairs. Interestingly, this covers both crypto-to-fiat and crypto-to-crypto pairs. Regarding the former, this includes the likes of BTC/USD, ETH/USD, and XLM/USD, and regarding the latter, ADA/BTC, STTEM/BTC, and TRX/BTC. The most comprehensive LimeFX trading section is that of its stock CFD department. In the UK, this covers some of the largest FTSE 100 shares in the space.