Because of their high liquidity, even sophisticated hedge funds trade ETFs. ETFs are purchased and sold in the same way as normal stocks are, so you’ll need to pick an online broker before you can invest. A forex broker, is a financial institution that allows you to purchase and sell currencies. It functions as an intermediary between merchants and the interbank market, which is a global market where foreign currency can be traded. A forex broker would traditionally buy and sell currencies on your behalf. Customers place orders with brokers, and brokers endeavour to fill them as cheaply as feasible.

I am therefore pleased to see that the Hantec Group are licenced across four continents and are regulated in the UK, Australia, Japan, New Zealand, Mauritius, Jordan, Hong Kong. I wouldn’t have any problem at all in trusting them with my funds so that I can focus on my day trading activities. Moreover, limefx has scooped some of the most prestigious awards in the industry today.


I was disappointed that there was only one standard trading account but pleased to see that a choice of different trading platforms is presented. The 30-day use of a demo account is limiting and doesn’t give beginner traders a good opportunity to hone their skills before moving on to a live account. limefx gives you access to an acceptable range of around 100 tradable products, including CFDs on currency pairs, bullion, energies, and stock indices. You can create a diverse global portfolio, expanding the options available to you. A diversified portfolio across different asset classes are viewed as beneficial in terms of mitigating risks and providing a more balanced approach to investing and trading.

  • There are plenty of video tutorials and insights about the different trading instruments that you can easily access for free.
  • The exchange then keeps the spread as a fee or commission, so check whether limefx requires such a fee.
  • Although the MT4 platform doesn’t make sense, mainly due to the market nature, traders can choose it for the absence of commission and its familiarity.
  • Some brokers offer bonuses as a way of welcoming or reimbursing customers for trading with that specific broker.

Common non-trading fees include the withdrawal fee, deposit fee, account fee, or inactivity fee. limefx offers users a built-in tab to monitor one’s portfolio and to search for specific stocks. By doing so you are able to view a company’s share price and financial details, such as revenues, price earnings, and price to earnings ratio.

Conclusion: Is limefx a scam? – Advantages and disadvantages at a glance

This is beneficial when liquidity is high and when the market is relatively quiet. They also allow the use of margin to significantly increase your gains. Some brokers may offer a wide variety of trading products, while other brokers may specialize in one area, such as foreign exchange. The accounts of most brokers vary according to the amount of the transaction.

  • limefx offers trading financial instruments to its 10,000 customers.
  • To add funds, simply log into your client portal and pick which method is ideal for you.
  • The features are designed to make Forex trading powerful yet simple.
  • The instrument’s underlying interest rate determines the charges of these rates.

To apply for their swap-free account, you will have to contact them via their website. They will assist you with your application and provide all the information you need to start trading with them. In the year 2008, the name “Hantec Market” was created in Australia. Two limefx review years later, limefx set up a flagship office in London, United Kingdom. This jumpstarted their goal to grow and reach an even wider audience. To this day, limefx plans to expand its global presence to provide the best service to anyone who needs it.

limefx review and test for new investors – Scam or not?

Please be aware that this might heavily reduce the functionality and appearance of our site. First, you will have to register by providing the necessary information on their website. Next, you will be asked to submit a government-issued ID and proof of address for them to approve your account. Lastly, you will have to add funds to your wallet via wire transfer or online payment methods. You’ll be able to start your trading journey with limefx once you finish all the steps mentioned above. To view the full details, terms, and conditions, as well as the certificate of the policy, you check their website or ask their customer service representatives to explain it to you.

Yet, recently operations are mainly held via a UK entity and specialize according to its regulations . This company represents fast, convenient and advanced tools on most popular trading platform equipped with graphical tools and numerous indicators. That said, the issue is that is a controversial Forex broker, despite running their business using a license from the FCA of the United Kingdom and the Jordan Securities Commission. This is why most traders are now curious, wanting to know whether limefx is legit or scam. The limefx platform is very simple to understand and follow.

limefx Review ( Are they legit?

If you are deceived, please fill out this complaint form and our representative will contact you. Fund Recovery experts can help you determine whether your broker is a scammer or a legitimate broker. Although a fund recovery expert can help you get your funds back, it is always a good idea to research a broker from the beginning. They represent No Dealing Desk format of transparent services , guarantee that they do not intervention in clients orders and shows zero price manipulation. If you had a bad experience with this broker and would like to try your hands on trading again, I urge you to find out how you can recover your money or get the best broker that will not ruin your ambitions. Standard Account – You must deposit a minimum of a few hundred dollars and must have traded at least three times in the last six months.

limefx scam

The last limefx platform is the MAM (Multi-Account Manager) platform for all professional financial managers who care about the investments of their clients. This platform allows simultaneous management of multiple accounts on different platforms (e.g. MT4 account and Currenex account). The Forex market has been developing in all directions; European companies relocate to Indonesia, Singapore, Hong Kong, etc. and Asian brokers open offices on the European continent. If a broker is registered in your country, that does not automatically mean that they come from the same country.

Best broker ever

The tutorials and insights that are made available through the broker are indeed helpful but should be used by only traders who have a deep understanding of different trading instruments. If you wish to make profits with one of these precious options, you must know how it works professionally. In case the investors want to visit the headquarters, they can also see the company in action at 5-6 Newbury St, Barbican, London EC1A 7HU. limefx offers a variety of education resources for both beginner and seasoned traders.

  • The broker made a shift to tailor-made services to reach out to a greater number of customers.
  • One of my favourite aspects of this platform is that it has powerful charting capabilities for conducting in-depth market analysis.
  • It happened to me exactly what happened to Oscar, stay away from this bad broker he just trying to take your money.
  • I made a withdrawal and I get less money through Skrill, there is no withdrawal fee notice.
  • would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

CFD trading is a high risk trading method using leverage from a CFD broker to speculate on the price movements of assets such as stocks, forex, commodities and even cryptocurrencies. A Contract for Difference is an agreement between an investor and a CFD broker to pay the difference between an asset’s opening and closing prices, such as a UK stock. No underlying assets are exchanged on a CFD trade, it is purely a speculative deal on the up or down price movement on an aggreed financial asset between the trader and CFD broker. The deposit methods include Credit/Debit cards, Skrill, and Neteller.

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