New scamming schemes appear every day, and to help you stay safe from it, we’ve prepared a security checklist. Moreover, if you are trading on the cTrader platform then you do not have access to cryptocurrency trading at all. So if you prefer trading on the cTrader platform but want to trade cryptocurrencies then you are in a bit of a bind. As such, there are a number of awards that have been given to LimeFxFX over the years. There are a host more awards on their websites but we are only listing those from reputable sources.
LimeFxFX compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like LimeFxFX to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for LimeFxFX traders. All payments made to LimeFxFX by traders are securely held in a segregated bank account. Trading online with LimeFxFX requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the LimeFxFX trading tools and features. That’s why we’ve compiled this detailed LimeFxFX review with some important information that will hopefully make you more informed when online trading with LimeFxFX.
- Let’s make Forex trading in Nigeria and other regions safer together.
- It is quite clear from their major presence in the industry, and responsive customer care, that they are a trustworthy broker, although this is not immediately clear based on licensing and regulation alone.
- It’s important to note that because LimeFxFX does not provide a date range for its average spread statistics, the results don’t have the same significance as spreads that do.
- With respect to equities, they only offer indices with no single stocks and on the commodities side, they only have Gold and Silver on the micro account.
- LimeFxFX traders can navigate the platform and find the information they need to make informed trading decisions.
LimeFxFX cTrader is a top-of-the-line multi-asset trading platform that provides advanced order types, charting tools, LimeFxFX level II pricing, and fast execution. The LimeFxFX cTrader platform’s intuitive dashboard is accessible from various devices, making it a state-of-the-art infrastructure for LimeFxFX traders. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, https://limefx.vip/ traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment. You should take the security of your personal information seriously and check SSL encryption is enabled on the LimeFxFX trading platform to protect you on PC and mobile LimeFxFX platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using LimeFxFX web trading platforms.
This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring LimeFxFX’s platform. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with LimeFxFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets. Even if an LimeFxFX trader experiences a significant loss, they will never owe more money than what is available in their LimeFxFX account balance.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation limefx for, a transaction in any financial instrument. Stocks, currency and other commodities and instruments will be brought or sold by LimeFxFX even if no buyer or seller is lined up. Withdrawing money from LimeFxFX processing time varies depending on the method but averages 1-5 days.
Does LimeFxFX offer guaranteed stop loss?
For those traders who have chosen the pro account, you will be able to use the slightly more advanced MT5 platform. This is perhaps the most well-known trading platform on the market and is used by countless brokers around the world. Their Islamic account is available on all of their trading accounts that they have listed above. All that you will need to do is to check the “Swap Free” box when you are signing up at the broker. Finally, you will be happy to know that there are no withdrawal / deposit fees at LimeFxFX and they will cover all fees that are incurred by their payment processors.
It’s important to note that LimeFxFX requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps LimeFxFX maintain a trustworthy financial environment for its 30,000 users. Detailed information on the LimeFxFX trading platforms is available on their website. With LimeFxFX MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere. LimeFxFX MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad.MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.You should upgrade the iOS MetaTrader 5 app regularly.
Does LimeFxFX offer CFD trading?
The 11-part Forex Basic Course, archived YouTube webinars, articles, platform tutorials, and a sizable FAQ section are all included in the LimeFxFX trading education program. Weekly statistics and daily updates on both technical and fundamental topics are produced internally for market research. The MetaTrader Autochartist plugin offers automated technical analysis. Since 2018, LimeFxFX, a 2011-founded Metatrader forex broker, has been subject to CySEC (Cyprus) regulation. Clients from South Africa are governed by the FSCA through Orinoco Capital Pty. Additionally, the broker has a license from the FSA (St. Vincent and the Grenadines) for clients outside of South Africa and the EU.
LimeFxFX cTrader
LimeFxFX is regulated by Financial Conduct Authority (FCA) so can be considered legit. To better understand the LimeFxFX trading platform, you can create two separate accounts – one with real money and the other a LimeFxFX demo account. A LimeFxFX demo account provides a risk-free environment for experimenting with the LimeFxFX platform’s features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in LimeFxFX trading decisions.
Feel free to contact us directly if you have any suspicions about the legitimacy of the LimeFxFX website or app. Let’s make Forex trading in Nigeria and other regions safer together. The information on this website is for educational purposes only, and investing carries risks.
Should you have any further inquiries, please don’t hesitate to reach out to us via live chat or email at Our team is available around the clock to assist you.Kind regards,LimeFx Rep. We greatly appreciate your positive feedback and top rating for our LimeFx Trading platform. It brings us immense joy to learn that you consider our platform outstanding for both withdrawals and deposits.
Overall, strict financial regulation is essential for ensuring that trading platforms like LimeFxFX operate fairly, transparently, and responsibly, which ultimately benefits all LimeFxFX stakeholders involved. LimeFxFX has a triple AAA grade support and customer service rating because they offer various range of languages, live chat, and email support. CFD trading on LimeFxFX allows traders to speculate on the price movements of various financial instruments against the broker LimeFxFX, without actually owning real assets. With CFDs, LimeFxFX traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset. LimeFxFX offers various funding payment methods listed in your LimeFxFX dashboard if available in your region.
For example, you have advanced order forms where you can set parameters around your positions. You also have numerous technical analysis indicators and studies that you can overlay your charts with. For example, if you are on the Micro account then you may have to pay a swap fee. This could be a fee or a rebate as it is tied to interest rate differentials outside of the control of LimeFxFX.
