Funds can be deposited and withdrawn using a wide range of methods including credit card, debit card, bank wire, digital wallet, and various online payment systems. LimeFX goes above and beyond in this category, even covering bank fees for international transfers in some instances. Overall, LimeFX is a strong choice for traders of varying levels of experience. However, as with any financial decision, it’s essential to conduct thorough research and consider personal trading needs before opening an account with any broker. In summary, LimeFX prioritizes efficiency and transparency in its deposit and withdrawal processes, aligning with its commitment to providing trader-friendly services.
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This transparency inspires confidence and demonstrates LimeFX’ commitment to regulatory compliance. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. LimeFX provides 24/7 customer support via live chat, phone, and email. I made dozens of inquiries over two weeks and had a very positive experience overall. I assessed that the most reliable and practical medium for support was live chat.
Does LimeFX offer a demo account?
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
- In my experience, LimeFX generally offers good market depth and liquidity.
- Let’s dissect LimeFX’ regulatory landscape to understand its strengths and potential limitations for traders.
- First Prudential Markets LTD remains authorized by the Cyprus Securities and Exchange Commission (CySEC), a leading Forex regulator.
The account was opened with the Australian entity of LimeFX (First Prudential Markets PTY Ltd) for this review. Some features and services limefx forex brokers reviews may vary depending on where you reside. The broker offers competitive trading fees, enhancing cost-effectiveness for various asset classes.
A critical aspect of LimeFX’ financial stability is client money segregation. Under regulations like ASIC and CySEC, LimeFX is mandated to keep client funds separate from their own operational capital. This segregation ensures that even if LimeFX encounters financial difficulties, your deposited funds remain secure and readily limefx forex broker available for withdrawal.
As an LimeFX Pro Account holder, you will waive certain protections. Among these, you will not be entitled to the protections afforded to retail clients under the Corporations Act 2001. The global and EU entities of LimeFX offer cTrader and TradingView along with MT4/MT5. MT4 can be accessed via desktop, web, and Android/iOS mobile devices. It can be used in 39 different languages, from Arabic to Vietnamese. A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair).
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Withdrawal fees are transparent, ensuring traders know what to expect. LimeFX earns a top-notch rating in trust and safety due to its extensive regulation, comprehensive fraud prevention measures, and stringent client fund security protocols. Traders can have confidence in the broker’s commitment to maintaining a secure and trustworthy trading environment.
Is LimeFX an ECN broker?
Mobile trading is widespread among millennial and GenZ traders, copy traders, and those from emerging and frontier Forex markets. LimeFX offers four mobile apps, including its proprietary option. The latest development of the in-house social trading service at LimeFX introduced it to the resurgence in demand from retail traders for this sub-sector of trading.
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