LimeFX Review: Is LimeFX A Good Broker For You?

is LimeFX a good broker

Note that you will need to verify your account before you can make any deposits start trading or make withdrawals. Step 2) Enter your email address and create a password then click ‘Continue’. You will be redirected to the LimeFX trading platform, where you will click on ‘Complete registration’. Our testing concluded that Interactive Brokers is better for research than LimeFX. Interactive Brokers offers more research options, including research reports, articles, and analyst ratings. Overall, LimeFX has a decent offering of research that would benefit from more depth to the individual stock financials and metrics.

is LimeFX a good broker

LimeFX also own currency.com if you fancy a punt on crypto, and shares.com so we can expect to see more comprehensive physical investing options soon. On top of its main trading app, LimeFX also offers a mobile application called Investmate. Put simply, this is an educational limefx courses scam app that is designed for newbie traders. It allows you to set education goals, such as “Refreshing your knowledge of finance” or “Becoming an expert in CFD trading”. The app also comes with 30+ guided courses, which is for improving your trading-related skill-set.

Absolute crooks changing fees on open trades

They act as market makers for some CFDs and act as an agent for some CFDs. LimeFX provides a limited offering of stocks; there are over 1,000 stocks available, but this is far from exhaustive, particularly when compared to market leaders such as Saxo Markets and Hargreaves Lansdown. Furthermore, there is no option to invest or trade in funds or government bonds. This means that investors and traders looking for a one-stop shop for all their investing needs may find that LimeFX falls short. There is no desktop or web-based trading platform for the share dealing account.

  • Just like the platform itself, every tool is easy to use and the language options are the same as on the web platform.
  • LimeFX delivers an exceptional client experience, offering a clean, user-friendly interface with easy navigation between charts, technical tools, watchlists, live chat and other platform features.
  • LimeFX also offers a relatively low minimum deposit of £20 and negative balance protection.
  • Investors will still receive negative balance protection and there is no stamp duty.

Investors that chose LimeFX as their broker come to a number of over 788,000 traders worldwide, and this is not a surprising fact. Traders choosing to use credit or debit cards can also pay using Apple Pay too. Why Apple Pay is supported and not Google Pay or Samsung Pay has not been explained by the broker. Apple Pay, card payments, and PayPal deposits are all processed instantly and should appear in your trading account immediately. Just as when we confirmed why Libertex is good, we rigorously tested the trading platforms. We found 3 trading platforms available at LimeFX – a mobile app, web trader, and the TradingView platform.

Trading Instruments

The minimum deposit to open an account is $20 – except for bank transfers which require a minimum deposit of $250. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFX is a licensed company that offers trading services for foreign exchange, indices, commodities, shares, and cryptocurrencies as a CFDs broker. It’s a platform that allows you to buy and sell financial assets (as CFDs) in real-time.

LimeFX is a real broker that holds 4 financial licenses and has physical offices in the United Kingdom, Cyprus and many other locations as they’re expanding constantly. In order for LimeFX to increase their reputation, they must continue to acquire new high value financial licenses and continuously improve their offering and reputation. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. We’re pleased to hear that you enjoyed trading on our platform.All the best, LimeFX.

LimeFX Available Assets

You will be required to submit your email and name, then transferred to a live chat. The economic calendar lets you know when key economic events are taking place, previous/forecasted data, and their potential impact on the market. The key data available include earnings, dividends, splits, IPOs, and holidays.

On the downside, it is missing some common products such as Options and Bonds. It also may be overwhelming for beginners to get used to, but many learning materials help you get up to speed quickly. However, you can trade US stocks and shares, indices and USD denominated currencies. Below we list some of the remain features that the LimeFX trading platform offers. However, the overarching benefit of using the LimeFX spread betting platform is that none of your profits will be liable for capital gains tax.

  • Hello Roman.We appreciate the time you took to review our platform.
  • Investing encompasses a wide variety of asset classes, so finding a broker that offers every investment type you are interested in is important.
  • Our review finds that neither LimeFX and Interactive Investor offer crypto investing.
  • With easy to use trading platforms, both new and experienced traders can enjoy trading at LimeFX.
  • It has offices in London, Cyprus, Seychelles, Gibraltar and Australia.
  • Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.

We look forward to watching LimeFX build out its stock trading offering going forward. It is the first time we have encountered such a “messy” procedure to access ETFs. It would improve the users’ experience and save some time for its customer support for other pertinent issues. Besides, to get a real ETF trading account with LimeFX, you must contact customer support to forward your request to the relevant department. Once you get your real ETF trading account, it will be added as a separate account under your current profile using the same e-mail address (if you already have a CFD account with them).

Captial.com Trading Platforms and Tools

LimeFX prioritizes the security and protection of its users’ accounts and information. To ensure this, the platform implements advanced measures such as encryption and two-factor Authentication (2FA) for account security, never storing passwords in plain text. The user-friendly interface provides advanced charting tools, personalized watchlists, 24/7 friendly support, and many more intuitive features. Hi Nicolas.We are grateful for your review and for sharing your experience with us and the community. We devote all our effort to improve our platform and it’s great that the trading experience we create works for you!

Web trading platform

This selection is based on objective factors such as products offered, client profile, fee structure, etc. We also drew up a more detailed rundown of LimeFX alternatives. We read reports that the phone service was a touch unreliable, but during our review of LimeFX, we were always able to reach support and the agents were both helpful and prompt. Without a doubt, we can confirm that LimeFX is legit and its support options are industry-leading. The CFD broker has a quality education section and a somewhat unique approach.

In this article we’ll check whether LimeFX is the right choice for a starting trader. This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google’s Privacy Guidelines to keep your data safe at all times. Overall, we recommend that you check out the broker’s website to see if the platform is right for you.

Do IG and LimeFX offer ISA or SIPP accounts?

For example, if you want to know how to buy shares online and how the whole process works, there’s an article about that. If you’d like to learn more about investing in stocks or what short selling is, we have articles about these topics too. Trading in more than 1,000 shares as either CFDs https://limefx.group/ or as real stocks. WhatsApp, Viber, and Facebook Messenger act as a form of live chat where traders can text their issues and reach an agent in that manner. We tested the live chat feature and so very strange hours and were pleasantly surprised by the promptness of their responses.

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