LimeFX Review

To select the best FMA-regulated forex brokers, we havetested and reviewed several forex brokers. Weopened a live account, deposited real money, and placed real tradeswith each broker. With our test, we got a picture of the real spreads and commissions, trading platforms, deposit and withdrawal conditions, educational resources, and customer services. LimeFX ensures safety of client’s fund by keeping their funds in a segregated bank accounts at creditable institutions. LimeFX Limited is authorised and regulated by the Financial Conduct Authority in the UK. LimeFX is also known for offering trading services solely on the MetaTrader 4 platform to both retail and professional traders.

If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. The server operator Almina Corp as is not a registered broker, investment advisor or broker. Additionally, Plus500 does not charge any extra trading fees for opening and closing positions.

Exclusive: LimeFX grows revenues 38% to £5.3M in 2018 – Leaprate Forex Trading News

Exclusive: LimeFX grows revenues 38% to £5.3M in 2018.

Posted: Wed, 07 Nov 2018 08:00:00 GMT [source]

We tried to pick and answer some of the most important queries related to FMA-regulated brokers. LimeFX offers MT4 clients on both desktop and mobile devices. Activity is legal on every continent of the planet which automatically increases the confidence index to the forex broker.

Forex Broker Reviews

LimeFX offers the MetaTrader 4 Live account or Demo account. The account can be downloaded via mobile-ios/android Stock certificate devices, desktop and web. Traders usually have many questions related to trading generic trading-related queries.

LimeFX provides the worlwide, user-friendly MetaTrader 4 platform with MT4 Mobile and MT4 Mac. We alsoreached out to customer supportto solve issues that we had encountered. Finally, wewithdrew our fundsto see if there is any issue with the withdrawal process. However, an additional trade commission is charged for a certain lot size.

We picked Plus500as the best forex broker with the lowest spread and trading fees in New Zealand. When it comes to forex trading, LimeFX tops the list simply because of the number of currency pairs it is offering. Headquartered in Auckland, New Zealand, BlackBull Markets offers the overall best trading services to Kiwi traders. Floor trader The broker is regulated in New Zealand and Seychelles and has operations in globally many countries. The company offers to deposit the account of $ 1,000 by direct bank transfer, debit card VISA or Master Card, e-pocket Skrill or Neteller. For each direction, a commission is set at between 1.5% and 4% of the deposit.

Faq & More On New Zealand Brokers

FMA was formed in May 2011 after New Zealand Parliament passed the Financial Markets Bill to streamline regulations on the financial services industry. Hantec Market strives to provide free and transparent access to research services for all its customers. One of the most popular analysis tools is AutoChartist, which can be accessed directly from your account on the broker’s website. The portal publishes technical analysis data, which simplifies the procedure for a trader or investor. As you have noticed, the minimum deposit amount is an impressive amount of $ 1000. It is important to understand that the company operates in all continents of the world and is focused on active investors and traders in the list of its clients.

  • Forex options give buyers the right, but not an obligation, to purchase the currencies at the expiry of the contract.
  • Regulated in many jurisdictions, including New Zealand, LimeFX also provides a user-friendly trading environment, which is very suitable for beginners.
  • As you have noticed, the minimum deposit amount is an impressive amount of $ 1000.

Go to and select ‘licensed and reporting entities’ under the ‘compliance’ section. The regulator maintains a list of all regulated entities and names all forex brokers can be found under ‘derivatives issuers’. LimeFX offers trading on the industry-standard limefx courses scam MT4 platform, as well as its proprietary Next Generation Platform. The broker offers trading in several markets giving new traders many options to chose from. Further, it has many trading tools and market research tools that can be mastered by the new traders.

One Of The Largest Belarusian Banks Will Offer The Opportunity To

It offers an excellent set of indicators and analysis tools, and, MT4 being the only platform, all are integrated on it. FMA can issue or revoke licenses, supervise operations, and also regulate business conduct for fair practices. LimeFX brokers offer direct market access and raw spreads to the traders. These brokers do not take positions against the traders and usually make money from charging commissions.

FMA’s official website is , and we recommend investors and traders follow the regulator on Twitter, @FMAmedia, for important regulatory updates. Currenex Viking and CLimeFXobile Currenex are unique opportunities for analysis with more than 30 indicators. Use these platforms in order not to limit yourself to functional trading. One of the largest Belarusian banks will offer the opportunity to…

LimeFX forex brokers reviews

LimeFX Clients‘ money is held in a segregated bank account at creditable institutions such as Barclays, Lloyds and BMO Harris Banks. Traders can use trailing stop orders and automated stop out levels to protect their trades. In the event of liquidation, traders will limefx cheating get their share of money back depending on the risk agreement set with each client. The registration details of any FMA-regulated forex broker can be checked by visiting the regulator’s website. We picked LimeFX as the best forex trading platform in New Zealand.

LimeFX

For beginner traders good educational resources are important, and LimeFX excels in offering this. Regulated in many jurisdictions, including New Zealand, LimeFX also provides a user-friendly trading environment, which is very suitable for beginners. Forex brokers must be registered and authorized by the Financial Markets Authority to operate in New Zealand.

LimeFX forex brokers reviews

Users point out one of the main drawbacks of the company – a limited list of financial instruments for trading. A total of 38 CFD instruments and 42 currency pairs are available to clients for trading on various trading accounts. To register on the site it will require the identification process the customer’s identity as it is customary at the international level. The procedure is not time-consuming but has some bureaucratic costs. LimeFX allows their clients access to friendly, mulitlingual customer support through live chat, email and phone.

Trading Offer And Account Opening

For example, it is necessary to emphasize a Viking account separately. In such conditions, the user receives a reduced size of spreads (from 0.2 points). Trade commissions have not been established, the company’s income is formed on the account of spreads and investment activities.

LimeFX supply a lot of trading assets inclusive of forex, CFDs, commodities, indices, and much more. Established in 1990, LimeFX is one of the big names in the Asia-Pacific region. limefx scammers It holds operating licenses from several regulators and offers excellent forex and CFD trading services. We opened a real account anddeposited between $4,000 and $5,000 with each broker.

LimeFX forex brokers reviews

Therefore, you must be ready to trade with access to international markets. The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds. The company has several drawbacks, including a large initial deposit and a limited list of trading instruments. With regulation and security, the company is doing well, is that just enough for trading? The peculiarity of this type of account is concluded with the conclusion of transactions on the interbank market. It also provides clients with some advantages in the form of 24/7 advisory support, access to closed educational materials.

We handpick the best forex brokers based on our trading data and experience as a trader. Our testing of the broker finds that the average spread for EUR/USD pair is 0.8 pips, which is almost half of the industry average of 1.6 pips. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. LimeFX has been in existence since 1990, but started its operations in the forex trading market in 2009. The company is licenced across four continents and is regulated in the UK, Australia, Japan, New Zealand, Mauritius, Jordan and Hong Kong.

Best Mt4 Broker In New Zealand

We placed real trades ineach popular markettoget the real spreads. Initially, the company provided a whole range of financial and investment proposals. Since 2008, the activity has been reorganized and divided between several divisions.

Fma

Forex options give buyers the right, but not an obligation, to purchase the currencies at the expiry of the contract. They are similar to options contracts of any other asset class instruments. We picked LimeFX as the best forex broker for beginners in New Zealand. We picked BlackBull Markets as the overall best forex broker in New Zealand. Although the broker is different in scale and prestige, it failed to win the preference of many traders in the CIS, Europe, Asia, Australia, and the USA. The company Hantec Market offers not the sufficiently wide range of trading instruments.