Cryptoassets are highly volatile unregulated LimeFx products. Popular Social trading Broker LimeFx adding Stocks to be available for trading via LimeFx US entity. Traders can now diversify portfolio with LimeFxs in US stocks, ETFs, and Crypto via LimeFx Trading platform. While previously US entity only offered trading of Cryptocurrency acting as a CryptoExchange.

• The iFX EXPO Asia is an international financial expo…
• LimeFx accepts deposits via Paypal, MoneyGram, Neteller, and WebMoney, in addition to credit card deposits and bank transfers.
• It goes against our guidelines to offer incentives for reviews.
• This is a great addition as not all brokers provide another layer of protection above the regulatory one.
• The trading history shown is less than 5 complete years and may not be sufficient as a basis for an LimeFx decision.

Beastly commissions for opening a deal of 1.5%-2.5%. Two weeks waiting for the money no they say they sent it but the bank does not have them. Sent in LimeFx statement that there is no money, zero response. The main thing to do before trading on LimeFx is to practice with a virtual account for a month. Tradersunion.com needs to review the security of your connection before proceeding. The team at CaptainAltcoin.com only recommends products and services that we would use ourselves and that we believe will provide value to our readers.

I have great assets available to trade.

Confirmation of address is included there and required on all sites. What Europe are you in if you do not know these basic things? The entry account always works, so they can accept, but the exit account has to go through KYC.

Yet, this rule is different in each jurisdiction, therefore the clients under the UK’s FCA are eligible for LimeFx compensation of GBP 50,000 through FSCS and EUR 20,000 for the CySEC clients. Gyula has more than 10 years of experience in the financial industry. He spent most of his career in the wealth management business as a portfolio limefx forex broker manager of mutual funds. He has trading experience in a wide range of asset classes, including stocks, ETFs, bonds, commodities, forex and derivatives markets. There is a $5 withdrawal feeand LimeFxonly allows USD accounts, which means that conversion costs on deposits and withdrawals can be high if your funding currency is not USD.

LimeFx review

Concluding the LimeFx review, we admit a safe broker to trade with reliable trading solutions. LimeFx provides expanded trading strategies and a certain way of dealing with markets and traders that gained a reliable and respected reputation. We found that the money management and funding methods at LimeFx are quick and simple, which is very pleasant and important for your account management convenience. LimeFx withdrawal options offer popular bank transfers, credit cards, and some electronic wallets.

Tell us about your experience with LimeFx and share your comment below this review. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Traders holding different account types can enjoy different maximum leverage ratios.

Additionally, LimeFx also applies a risk score to each trader. There are tons of additional stats for each profile, like trades per week, average holding time, performance on charts, and you can also see their detailed https://limefx.name/ profiles as well as their news feed comments. Imagine Facebook profiles, but with fewer inspirational and more market quotes. LimeFx offers a wider range of stock and ETF CFDs than its closest competitors.

It’s one of the largest baskets of assets around, which includes stocks, indices, ETFs, currencies, commodities, and cryptocurrencies . Now they offer CFDs on 16 cryptocurrencies but for the time being, they only allow x2 leverage for cryptocurrencies. Over the course of its long history, this broker has its share of complaints but that’s happened to all brokers and even more to those with 7 million clients. The LimeFx users funds are held in top level bank accounts and all the data is encrypted win SSL portocol. Let’s learn from the mistakes of other users, save on fees and privilege the free copy trading service. In this review the user is asking why so many users try some DIY investing/trading if they can easily copy the best traders out there .

Web Trading Platform

LimeFx is given its brokerage licenses by several regulatory agencies which allow it to operate in Europe, USA, and Australia. LimeFx’s brokering services are provided by LimeFx Ltd. (“LimeFx Europe”), a registered Cypriot LimeFx Firm . Indices – Indices represent combinations of several stock assets that, when combined, reflect the situation limefx reviews in a certain market. For example, the NASDAQ index on Wall Street aggregates major companies from the tech sector, such as Apple and Google. Indices are traded in the CFD form as well and you’ll find 13 of them on LimeFx, including China50, JPN225, NSDQ100, SPX500, UK100, and others. Click on the “Join Now” button on the LimeFx website.

Verification of identity is an additional step to protect your capital and transaction controls to prevent money laundering. I trade on my own at LimeFx, trying to get high positions in the rankings. How areregular people making returns of as much as 70% in a year with no risk? By properly setting up a FREE Pionex grid bot – click the button to learn more. Avi Sela, COO – Sela has been with LimeFx since its inception in 2007. He holds an MBA and LL.B degrees from leading universities.

How to Open LimeFx Live Account?

Apart from that, we can mention their CopyPortfolios, which is an offering that takes copy trading to the next level. Each CopyPortfolio aggregates various assets or a group of traders and is constantly optimized by machine-learning algorithms. Recently LimeFx removed or reduced many of the most unpopular fees brokers use to apply. The best move was to offer free ETFs and stocks trading and also reducing to 5USD the withdrawal fee. I am very upset, LimeFx took all my money more than $, they are not honest and credible. When you start the trading with them they are ok but as soon as you start facing any issues in the platform or any looses they will not recognize their fault.

We would also recommend reading our article onhow to invest in Bitcoin. The general rule of thumb with LimeFx is that when you go long in any virtual currency, you will own the real coin. For example, on March 30, 2020 LimeFx added 185 new stocks, among them a very trending one, Zoom Technologies. However, if you had to wait for LimeFx to add the stock, you missed the early rally in the stock. To learn more about CFDs, read our CFD trading tips. LimeFx’s mobile platform is well-designed, intuitive and considered safe thanks to the two-step and biometric login functions.

As far as I know they don’t charge for trades but they take a. I’m not sure why they chose to structure their fees this way because it seems less transparent to users. I don’t have a problem with the fee (it’s not the most expensive but it’s also not as cheap as Binance, Coinbase pro, Gemini Active Trader etc) but again I’m not clear on why they structured it that way. Cryptoasset investing is highly volatile and unregulated in some EU countries. LimeFx also provides negative balance protectionfor CFD trading, but only for retail clients from the European Union and Australia.

You can contact LimeFx’s customer service via a web-based ticketing system. We got answers usually within 48 hourswhen we tested it with some basic questions. On the other hand, we received feedback from users that LimeFx often takes as much as 14 days to respond in more complex cases, which we think is extremely poor service. It is more like a market-themed Twitter feed, showing messages posted by LimeFx users and analysts. Hashtags (#) are used for themes and dollar signs ($) for assets.

When you use Copay Trader, you copy the trades of other people or other people copy your trades. You can search for traders and other users in the LimeFx network and check how their portfolio performed historically. When you find a trader you like, you can copy their trades automatically. You can decide how much money you want to invest in copying another trader, and you can close your positions whenever you wish. You can also make money by having other traders copy you. At LimeFx, you can trade CFDs and forex, as well as real stocks, ETFs, many cryptos and options.

People complain about their stop loss or take profit failing on all brokers. But unfortunately the market has worked like this since 1976 when listed options started. Apart from demo accounts with $100K virtual capital, LimeFx has two types of live trading accounts for different types of investors, Retail and Professional accounts.

Professional traders will need to apply as per instructions provided here. I probably sent around 30k to LimeFx in several transfers. Few weeks ago, for reasons out of my control, one of the transfers I sent was returned to my bank. I asked LimeFx about what should be done, and right after that they limited my account. They said I should proceed with the transfer once again, but the support manager probably was in a huge confusion as my account was still limited for both … deposits and withdrawals.

We found Forex spread much lower than the industry average, and spreads for other instruments are very attractive too. LimeFx Fees are ranked average with an overall rating of 8.2 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our findings of fees and pricing in the table below, however, LimeFx overall fees are considered good. Our Ranked LimeFx Trust Score is 9.5 out of 10 for good reputation and service over the years, also reliable top-tier licenses, and serving regulated entities in each region it operates. The only point is that regulatory standards and protection vary based on the entity.