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LimeFX LimeFX Review 2024 Are they Safe for South African traders?

LimeFX fx forex broker review

This means that no matter the financial situation of the broker, your funds will always be safe. Added to that the fact they do only offer a limited range of base currencies and not many deposit or withdrawal methods limefx courses scam and you can see the limitations of this otherwise popular broker choice. Our mission is to assist millions of traders in finding the best broker. We unbiasedly review every broker and rank them based on their market standing, regulation, and other factors.

However please be aware that some fees may be applied in certain cases. It is the perfect opportunity to trade in a no-risk environment with virtual funds, but which also perfectly replicates live trading. It is the ideal way to get to know more about a broker or the industry. Overall great value with a choice of more than 70 assets to trade.

  1. This account offers only a floating spread that begins with 0.2 pips.
  2. LimeFX doesn’t charge traders any commission for holding an order overnight.
  3. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
  4. There are guys with solid performance, so their strategy can be quickly evaluated and then you can fastly get in.

LimeFX Trading Instruments

Installation guides and step-by-step instructions are also available to help you set up the platforms on your desktop or mobile devices. Yes, once your deposit is credited to your LimeFX account, you can start trading immediately. E-wallet and credit/debit card deposits are processed almost instantly, allowing you to begin trading without delay. 🛡️Regulated and trusted by CySEC, MISA, and FSCA🛡️3158 new limefx scam traders chose this broker in the last 90 days.🛡️Available for global Traders. Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot.

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However, it lacks other customer care support resources, including email and phone support. The platform offers competitive spreads that range from 0.8 to 65 depending on the type of currency pairs. The currency pairs like EUR/USD and a few others have a tight spread of 0.8 pips; most pairs have competitive spreads except USD/ZAR, which has a spread of 65 pips.

LimeFX fx forex broker review

Trading Platforms

Customer Support is offered through Live Chat and E-mail from Monday to Friday for 24 hours. The Market Information section at LimeFX provides traders with twelve categories of well-presented content. It includes technical trading signals, Forex news, and market insights. The LimeFX blog complements the research category, and traders have a wealth of quality, market-oriented information.

We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, LimeFX would be a top choice. The combination oflow spreads and fast execution speeds make this broker a great choice for scalpers. You can close your LimeFX account by emailing the customer support group at requesting to delete or close your account. The deposit and withdrawal for LimeFX are commission-free, and most of the payment options are instant, but some might take 30 mins to 1 hour. Through LimeFX FX, you can access additional perks like autochartist signals, evolving trading conditions, weekend trading with digital assets, copy trading and a wide range of educational materials. The withdrawals are sent to SA bank accounts in few hours, so if you make the withdrawal request to your bank during business hours, it is normally received in the same day.

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We use proprietary AI technology to assist in some aspects of our content production. However, our scores, ratings, and rankings of online brokers are based on our in-depth product testing and thousands of hand-collected data points. The LimeFX Champion offer is a contest run by the broker whereby you can open a demo account and trade for 4 weeks. The LimeFX Masters fee is applied if you are copy trading with the broker. This is the commission fee charged by the Master (Signal Provider) whose trade you are copying, and it is up to the individual provider how much this fee will be.

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