Clients can verify LimeFX’s regulatory compliance by checking the license numbers displayed on the broker’s homepage under its disclosure text. Additionally, clients can look up the entity name “LimeFX Companies Group” on the respective regulator’s website to confirm the broker’s public profile and validate the registration number. LimeFX operates under many licenses in several countries, ensuring compliance with international protection rules and trader coverage. Instant Trading EU Ltd is fully regulated by FSC (Financial Services Commission) under SIBA, BVI. LimeFX accepts brokers from the United Kingdom, Switzerland, Italy, Denmark, Poland, Portugal, Austria, and more. LimeFX leverage is decided by a variety of factors, the first of which is established by regional regulatory requirements standards.
b-cube.ai Review 2023: Must Try AI-based Trading Bot! – CryptoNewsZ
b-cube.ai Review 2023: Must Try AI-based Trading Bot!.
Posted: Thu, 20 Apr 2023 07:00:00 GMT [source]
Open a demo account with LimeFX and join the Lucky Trader contest to sta … LimeFX is a reputable online broker that has been in operation since 2007. With their headquarters in limefx company reviews Russia, they provide brokerage services to clients in over 260 countries globally. LimeFX prides itself in offering its clients excellent trading conditions and innovative solutions.
How long will my withdrawal be pending on LimeFX?
The FX broker offers three varieties of platforms—MetaTrader5, MetaTrader 4, WebIFX, and InstaBinary. Opening a demo account is as simple as inputting one’s full name, email address, and phone number, selecting one’s currency, and investment amount, and then clicking on the Open an Account button. With Neteller, depositing funds to a trading account happens instantly.
You should consider whether you can afford to take the high risk of losing your money. As both brokers offer the same total number of instruments, both are great choice if you are wishing to diversify your trading portfolio. The trader should remember that the option price is fixed at the time of opening of the candle. Nothing too crazy, as sometimes brokers offer some insane bonuses, which is sus to me.
Prohibited Countries: Where Can I Not Trade with this Broker?
The first item is to open a demo account and get a feel for the platform and broker. This allows you to test what you need without risking your trading capital. From there, you can begin exploring the bonuses and other services the company offers their clients. Experienced traders generally prefer to pay higher minimum deposits for tighter spreads. LimeFX’s four market execution accounts have higher minimum deposits, but tighter spreads – ranging between 0.5 and 1.2 pips on the EUR/USD, which is competitive. It also offers a unique account, known as the OYS Account with a minimum deposit of 10,000 EUR, where traders pay 25% of the profits generated on each trade to the broker.
How do I withdraw my startup bonus on LimeFX?
You cannot withdraw the Club Bonus until you carry out Buy/Sell trades in the volume equal to X*3 LimeFX lots, where X is a total amount of the credited bonuses. You also have the opportunity to get other bonuses: 30% Welcome Bonus. 100% Bonus.
LimeFX offers different types of partnerships, and Introducing Brokers is one of them, where all registered affiliate partners can earn up to 67% of the company‘s profit. All they need to do is join a team to generate revenue from every trade. They also get a personal manager https://limefx.vip/ who provides an individual approach to developing a thriving affiliate business. LimeFX Customers may take advantage of an enticing offer, the 55 percent Bonus on every deposit. The bonus may only be placed into retail investor accounts created after June 15, 2013.
Standard Trading Accounts
The broker also guarantees the safety of these details that are registered under your name.
Over 100 available currency pairs allow pure Forex traders to properly diversify their portfolios. Over 88 CFDs on US stocks comprise the bulk of non-forex assets while commodities are limited to gold, silver, crude oil, and natural gas. Seven indices CFDs and five cryptocurrencies complete the asset selection at LimeFX EU. LimeFX derives the majority of its income from spreads which remain elevated by all comparisons. The average spread in the ECN Pro account starts from 0.8 pips while the Insta.Standard account comes with fixed spreads between 2.0 and 7.0 pips, other accounts are listed as 1.2 pips.
LimeFX’s Mobile Trading
The standard account has fixed spreads ranging from 2.0 to 7.0 pips, and other accounts have 1.2 pips. A 0.1 percent fee is charged on both stock CFDs and cryptocurrency. You can also go through the LimeFX facts to understand if several jurisdictions are approving the platform to allow trading activities or not. The process of deposit and withdrawal is also simple when you are using a trading account in the desktop version or mobile app.
Segregated accounts are insured up to a maximum of €20,000 in the case of default. All deposits are stored in separate bank accounts by regulatory restrictions to safeguard consumers. These fixed commissions start from 1.5 to 5.3 pips if the customers are trading LimeFX in currency pairs and about 20 to 26 pips when they are trading in Gold.
LimeFX Account Opening Process
In addition, CySEC can also set minimum capital requirements, leverage limits and bonus qualifications. Brokers must also ensure access to investor compensation funds and meet regulations around indemnity insurance. As discussed above, there are two basic accounts on offer — Insta.Standard and Insta.Eurica.
Is LimeFX a reliable broker?
LimeFX is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
If you have any more questions, you may watch our videos or contact the LimeFX education center. This also leaves a good impression of the forex trading platform on the brokers. You can also check for the low spreads that the website offers and the other instruments they have before you start investing. If you choose Bank Wire as your preferred withdrawal option, you have to withdraw at least $300.
Is LimeFX a good broker?
LimeFX is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.