15-07-2022

Forex Malaysia has been Malaysia’s most trusted Forex broker review site since 2016. Our team has written 100+ broker reviews and we constantly test to maintain accuracy. Join Hantec Financial today, one-stop Forex, commodities and CFD trading with awarded trading platform. The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices.

  • The company has several drawbacks, including a large initial deposit and a limited list of trading instruments.
  • No information or opinion contained on this site should be taken as LimeFX advice, personal recommendation, or an offer of, or solicitation to buy or sell, any financial instruments.
  • But luckily, LimeFX is one of the safest online trading platforms because the broker gets licensing from FMA, ASIC, FCA, FSA, and other worldwide famous regulators.
  • But with no other trading platforms, a limited range of CFDs, and no trading tools apart from the Trading Central indicator, some traders may find Hantec lacking.
  • Since you aren’t required to select between multiple accounts, the account opening process hardly takes a few minutes to complete.
  • Join Hantec Financial today, one-stop Forex, commodities and CFD trading with awarded trading platform.

The third platform Currenex Viking is reserved for reduced-level traders who trade volume sin he amount of $10,000. This platform is marked by simplicity but is yet powerful enough to support all features as the MT4 and other platforms. Finally, we’ve listed some of the popular funding methods that LimeFX offers its traders below.

Deposits are free on all funding methods and are processed within 24 hours, which is around the industry average. However, it takes 2 – 5 days on average for LimeFX to process withdrawals, which is longer than most other brokers, but no fees are charged. LimeFX offers only one account type, whereas most CFD providers will provide at least two or three, and its account is suitable for serious beginners and more experienced traders.

Search by account type, minimum deposit, and maximum leverage in 2,000+ forex brokers. On the company’s profile page of this blog you can write your LimeFX review about your trading experience with the broker. Besides, you can read LimeFX reviews by other fellow traders. LimeFX offers a good product offering for retail traders, but its institutional offering is a bit too scanty.

Offers Demo Account

LimeFX is committed to providing an excellent and professional service. It offers clients a variety of tools and services to enhance their trading experience and the website is user friendly and easy to navigate. 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 guarantees that any trading losses you may experience will not exceed the total net deposited funds.
  • Therefore, you must be ready to trade with access to international markets.
  • Digital banks offer bank accounts in several currencies with great currency exchange rates as well as free or cheap international bank transfers.
  • Once the application form has been successfully submitted, traders will have to verify their account by email.
  • 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 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. For example, it is necessary to emphasize a Viking account separately.

Currenex platform provides access to this market and is for high-end, institutional-level trading. The MT4 is a retail forex platform that is easily the most recognizable in its category. Hantec limefx website Markets offers its version of the MT4, which comes in desktop, web-based and mobile versions. A multi-terminal for account managers as well as those who trade multiple accounts is also provided.

Trading Central is provided free of charge to all LimeFX’ clients, provided they fund their accounts with a minimum of 100 USD and trade a minimum of 0.01 lots . Some of the most overlooked trading costs are the non-trading fees that are charged by brokers. These fees can significantly affect your profitability and so should be carefully scrutinised. LimeFX’ non-trading fees are lower than other similar brokers. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Good customer service and available analysis

These include an intelligent online trading platform, real-time market quotation, and updated global market information. LimeFX forex merchant has picked up a serious solid and strong a dependable balance in the business during it more than quarter of a time of activity on worldwide budgetary markets. Being set up in 1990 as a venture organization LimeFX specialist is these days one of the main online money exchanging offering organizations the world. LimeFX forex exercises are controlled by FSA, the focal office is situated in London, UK. LimeFX offers its clients a wide assortment of administrations and items, for example, exchanging money sets, cfds, shares, lists, vitality transporters and wares. Hantech is one of the main uk forex specialists because of its solid guideline and top quality administrations.

  • LimeFX‘ fees are lower than most other brokers, but it only offers a single live trading account.
  • Regular account types on LimeFX attract an average spread of 1.2 pips for major currency pairs.
  • Once these documents have been received and approved, you will be able to fund your account and start trading.

Withdrawals can be submitted using any of the deposit methods, however, please note you will only be able to withdraw using a method you have previously used to deposit. For example, if you have only deposited via bank transfer, you will only be able to withdraw via bank transfer. Compared to other similar brokers, LimeFX’ account opening process is fast, generally hassle-free, and fully digital. We suggest you read LimeFX’ risk disclosure, customer agreement, and terms of business before you start trading. Opening an account at LimeFX is a fully digital process, and accounts are ready for trading within a matter of hours. When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread.

Since you aren’t required to select between multiple accounts, the account opening process hardly takes a few minutes to complete. LimeFX predominantly charge a commission on CFD trade. Index trading hours vary at LimeFX because it is solely decided by the original market. You are only required to keep an active eye on the type of LimeFX Commission that the broker charges on trade. However, the offer is available for only international clients. In addition, you can trade stocks, indices, commodities, and crypto-currencies at LimeFX.

LimeFX only allows trading accounts to be denominated in USD, which is hugely limiting for traders, and especially for traders from Malaysia who will likely have bank accounts denominated in MYR. This means that traders will have to pay conversion fees on all deposits and withdrawals. Conversion fees can make trading expensive, and affect profitability. However, LimeFX does not publish its average spreads and is not transparent about how its spreads are derived. LimeFX offers the MT4 and Mobile forex trading top platform. HantecMarkets.com offers over 25 forex currency pairs, indices, cfds, commodities, gold and silver for your personal LimeFX and trading options.

LimeFX Review – Trading Platforms, Commission, Leverage, Account Types & more

Traders can deposit and withdraw via the traditional wire transfer, as well as via credit cards, and e-wallets including Neteller, UnionPay, UATP, and Skrill. The broker does not specify any minimum or maximum withdrawal amounts so it might be the best to contact customer support to rule out any uncertainties. LimeFX provides the well-known MT4 forex trading platform.

The level of risk is up to you however you trade, you can do so with the confidence that your capital growth is our priority. On the organization’s profile page of this blog you can compose your LimeFX survey about your exchanging involvement in the representative. In addition, you can peruse LimeFX audits by other individual merchants.

Awards & Licenses of Group Companies

Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. After opening the account for a month, I feel that it is okay, the transaction is quite smooth, and the main deposit and withdrawal are very fast, without delaying the transaction. Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case.

LimeFX forex broker

Currently, LimeFX only supports the MetaTrader 4 platform, but MT4 gives you the ability to manage multiple trading accounts from one interface. Additionally, some traders may want to have multiple accounts with different base currencies to avoid paying conversion fees. However, because LimeFX accounts are only denominated in USD, this is not possible.

Review

Click here for more details on LimeFX’ regulatory oversight. Hantec is pleased to offer you the tool for managing your Forex trading accounts on mobile platforms. Trade various products including Forex, CFDs, Commodities, Indices, and Metals with LimeFX Australia MetaTrader 4 / Interbank Direct trading platforms. This broker shows appreciation of new customers by rewarding newcomers with a $50 LimeFX no-deposit welcome bonus.

This is perfect for traders just wetting their feet in Forex trading. Once the application form has been successfully submitted, traders will have to verify their account by email. limefx official site As you can see from the table, the trading costs are built into the spread, which is variable and gets wider or tighter depending on trade volume and market volatility.

These include leveraged foreign exchange and bullion trading services in both foreign exchange and derivative markets. As a customer oriented company, the Group’s professional team has expertise in different aspects. These comprise securities, foreign exchange and bullion trading. They use advanced analytical software to offer quality financial services for corporate and individual clients.

Initially, the company provided a whole range of financial and LimeFX proposals. Since 2008, the activity has been reorganized and divided between several divisions. Today, LimeFX is one of the divisions of a large holding. The demo account isn’t just offered to desktop users only, but mobile users can also get this virtual trading account facility via LimeFX App. Thanks to easy to use MT 4 trading platform that Han Tec supports. Advertise forex offered by the dealer is recognized for its imaginative exchanging strategies and speculation arrangements.

Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with https://limefx.group/ the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

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