lime fx Review 2023 Is lime fx safe for South African traders?

All in all, the layout is good, though there can be more performance statistics included. CFDs allow you to trade cryptocurrency, but you can’t trade the underlying asset directly . Note that crypto CFDs aren’t available to retail traders from any broker’s UK residents, nor to UK entities. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an LimeFx recommendation and serve to clarify the market mechanisms. The texts on this page are not an LimeFx recommendation.

We recommend that you read more on the broker’s website and chat with the support to answer any questions you have before you register with the broker. Although their customer support responds fast, the answers by some of their chat assistants were not very satisfactory. After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional. Because lime fx provides market execution, there is a high likelihood that your orders might be opened or closed at a price different from your requested price. Unlike some brokers who strive to get the next best price for you in this situation, lime fx deems this slippage natural and will not bear any responsibility for it.

Does lime fx give withdrawal

The documents can be submitted within your Personal Area – that is, in your dashboard – or to . On the last step, double-check that you’ve entered all details correctly. Check them thoroughly and confirm that everything is okay by pressing Submitagain.

Trading indices with lime fx

lime fx supports a verification process to allow traders and investors to withdraw their money without any hassle. For this, they need to give their details, including their names, addresses, dates of birth, etc. Whenever you make deposits into your lime fx live account, you are given certain deposit bonuses; these bonuses are meant to give you extra power to make trades. You can withdraw the bonus if you made the requested turnover amount . lime fx provides the best three different platforms that are all beginner and expert friendly.

Simply enter your first and last names, email address, country of residence and address, and phone number to trade with a demo account. After your email has been confirmed, you can go to lime fx’s user dashboard and create a demo account. lime fx is great for investors looking for a low-cost option to get started trading a good range of assets, thanks to its narrow spreads and low opening balance requirements. While the platform is primarily focused on forex, the extra asset classes offer a good opportunity to diversify your investing portfolio. However, since lime fx is only regulated in Cyprus, investing your money with this broker can contain a higher risk than brokers that are regulated in multiple tier-1 jurisdictions.

  • LimeFx converted into an execution-only Forex broker, with no research and educational content.
  • Click the edit icon and choose either type of reason you wanna expose.
  • Try contacting your bank as they will likely be able to see the transaction waiting to be cleared by them.
  • By selecting the account you want to withdraw money from on the main screen.

Please select account, you want to make internal transfer from. Our Customer Support team are more than happy to answer your questions. Any generated profits following your initial deposit can be withdrawn by any other Payment methodavailable to you. All transactions sent in a currency that differs from the currency of your account will be automatically converted at the LimeFx conversion rate.

Although lime fx does not offer ZAR account currency you can deposit South African Rand via local banks and it will be converted into your chosen account currency. All trading, fees, deposits/withdrawals, and profits/losses will be shown in your chosen currency. lime fx was established in 2011 and they are proving copy trading platform to their traders. lime fx offer negative balance protection & accepts local bank transfer from their traders.

lime fx Account Types

There might be a delay if LimeFx or the payment provider is unable to verify your information. We put your money in top-tier banks, so that you can relax. Your funds are kept separate from our own in top tier banks, for peace of mind.

Does lime fx give withdrawal

However, some orders may fail to offset or lime fx might choose not to upset them. Here is a summary of payment methods for withdrawals accepted on lime fx. Tradeable instruments on this account are currency pairs, and CFDs on energies, metals, cryptocurrencies, and 4 indices. Recommended deposit amount for MT4 Account is also USD100 and you also have negative balance protection. If you are reading this article, you’re likely having trouble deciding whether LimeFx or lime fx is the better Forex trading platform for you.

About HF Markets Group

While both platforms generally provide positive user experiences, there are some essential differences to note. When ever withdrawal time not properly working.your finance department telling some local bank issue and something telling alternative option is there … Unfortunately, we couldn’t identify you on our system and verify your review. That’s why we encourage you to message us via social media and share your account number. Our team will be happy to help you resolve the issue and get your funds back. We appreciate you letting us know that you enjoy trading at lime fx and mentioning our trading conditions.

The minimum withdrawal amount on lime fx is R90 for local bank accounts and $20 for withdrawals to cards and $5 for e-wallets. lime fx is not regulated in South Africa but they still accept traders from South Africa and has 24 hours live chat and email support from Mondays to Sundays. No, lime fx does not impose a daily limit on the number of deposits and withdrawals.

Please make sure you read the full instructions in MyLimeFx to make your transaction correctly. This payment method is available to clients who have a PayRedeem account. This payment method is available to clients who have a Skrill account.

Does lime fx give withdrawal

lime fx also provides Autochartist Pro, which intensifies the performance of MT4 and MT5 platforms. Its best features include the fast filling of orders at once. Despite filling orders at once, it does not compromise on the quality. Protecting margins is possible by using two types of stop-out options. It offers Forex and Metals only with 26 different time frames. With its advanced order protection, it is possible to cover all negative balance by compensating it back to zero.

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Although they require traders to verify their accounts before they can withdraw funds. lime fx provides Market Execution on all trading instruments. This means your orders are transferred to interbank liquidity providers.

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To avoid processing delays, it’s recommended that you deposit and withdraw all of your funds in one transaction. lime fx offers over 50 payment methods, including Visa, Fasapay, Neteller, bitcoin, limefx forex broker and a wide range of local bank transfers. Note that some of these may not be available in your country. Founded in 2011, lime fx has amassed more than 6 million users all over the world.

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It is not a publicly-traded company and is not regulated by top-tier authorities. lime fx offers a smooth registration process, quick deposit and withdrawal processes, a great layout, mobile trading, Islamic accounts, attractive bonuses, and a good user experience. However, it’s not available for US-based users, it lacks some assets and currency pairs, and it has low trust since it’s not regulated by any top-tier authorities. LimeFx has undergone drastic changes since launching in 2008, and it continues to react to counter-productive regulatory changes by Tier1 regulators. The most visible evidence is the closure of the LimeFx retail operations in the UK and Cyprus.

The website is operated and provides content by HF Markets Ltd. No HE with registered and office address at Spyrou Kyprianou 50, Irida 3 Tower 10th Floor, Larnaca 6057, Cyprus. After choosing a Master Trader, the Copiers are all set to copy their trades and benefit from the expertise of professional traders. After completing the registration process, you will receive an email from lime fx with your account details. Step 4) After clicking the confirm button from the email, you will be taken to a page to provide some personal information, like phone number, address and city, and date of birth.

Yes, lime fx accepts Bitcoin for both deposits and withdrawals. Deposits are free of charge and can take 3-30 minutes. However, withdrawals take 1-3 hours to process and 30 minutes to send, both of which are free of charge. lime fx rewards active traders with a 50 percent deposit bonus and a 4-tier status program. It also runs a Trade & Win program, in which each lot counts as a prize lot that can be redeemed for cash. Not only that, but lime fx also offers a referral program, as well as demo contests with actual money prizes.

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