limefx Review: UK Edition

The global multi-asset trading platform limefx has signed a new partnership with the Ultimate Fighting Championship , the world’s premier mixed martial arts organization. According to a six-month agreement that starts with the UFC 243 event and will take place in Australia and New Zealand, limefx will perform the duties of the official online trading… One of the great features is limefx is its search function, with a comprehensive detailed search between the traders to copy, which we will see in detail further in limefx Review. Also, you may find defined instruments to trade, communities and other searches organized and easy to use. So in order to sign up on limefx, you should follow the process with an online application form, or simply sign with you Facebook and access free demo account instantly. Obviously for opening an account with real money, you will need to submit all the necessary proves of your identity and registrations.

A fee of 50 bps, for example, means that you will be charged 0.50% of the amount you are buying or selling. In the forex markets, one basis point is sometimes also referred to as a limefx official site pip. Just remember that accounts lose money when trading CFDs. For US Traders – Depending on the cryptocurrency you are trading, the fees could be anywhere between 0.75% and 5%.

limefx’s stock trading platform is easy to use

Answer a few simple questions and get https://limefx.club/ a list of the most relevant brokers.

• With limefx you can set up your account so that when you log in you are asked to confirm a code via your phone (e.g. you are sent an SMS), similar to logging into a bank’s website.
• CopyTrader – This is like following other traders, except it automates the entire process.
• Our ultimate guide to the limefx minimum deposit is updated regularly.
• limefx is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
• These are an innovative feature that groups different traders into a single fund others users then copy.
• No Crypto Interest Accounts – While it supports staking, limefx doesn’t have any crypto interest account.

There are only a few places where you can trade cryptocurrencies and stocks in the same place, and those that offer both tend not to have a huge cryptocurrency selection. limefx offers one of the best selections we’ve seen of digital assets that can be combined in the same account as stock investing. limefx offers zero-commission stock trading with the ability to buy fractional shares. And if you’re new to investing or just want to see if the platform is right for you, limefx offers a virtual brokerage account to let you test-drive it without putting real money at risk.

Overnight Fee

However, credit/debit card and electronic wallet deposits are instant but the drawback is maximum deposit limits. Credit/debit cards have a $40,000 limit whilst electronic wallets can be either $10,000 or $20,000. Review occasionally their performance and re-asses if you need to change traders. This minimum trade size will consider leverage, in other words, you can also invest $100 with a leverage of X10 for CFDs. Personally, limefx Club isn’t the most appealing part of their service to me. Please note that not all clients will have access to this professional account, depending on their country of residence.

The limefx Club unlocks more news and research features with more money invested on the platform. The CopyTrader product and social trading element remains the focus limefx forex brokers reviews of limefx’s trading experience. limefx Money cash management service gives you more control over your finances by letting you manage more of your money in one place.

limefx Regulation And Security

With the CopyTrader system, limefx lets you copy the best-performing traders in various asset markets (e.g., commodities, stocks, ETFs, and crypto). You choose how much to invest, and then it mirrors every action the trader takes. Founded in 2006, limefx has a history stretching further back than Bitcoin and crypto.

Please note that equity and index CFDs do not trade continuously but open and close each day at the above specified times. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.

limefx Pros & Cons

That said, it does hold its customers’ funds separate from its business bank accounts. Also, limefx deals only with major, internationally recognized financial institutions, such as Barclays Banks and Coutts. Besides, limefx is one of the most secure platforms in terms of general compliance with financial regulation, being regulated by CySEC in Europe, FinCEN in the US, and the FCA in the UK.

For an in-depth look into the sector in general, check out our crypto trading review. limefx is a crypto broker, meaning it offers other investment products alongside cryptocurrencies. Investors can access over 2,500 stocks including international equities, as well as EFTs. It also allows users to buy fractional shares, so you could choose to buy $100 worth of a particular stock rather than buying a whole share. Investors can access advanced trading features such as margin and leverage, as well as commodities such as gold and silver. It offers a crypto exchange with trading in 65 cryptocurrencies, as well as an online brokerage platform with access to a limited selection of stocks and exchange-traded funds .

Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in oureditorial policy. Tel Aviv-based limefx was launched in 2007 by co-founders Ronen Assia, David Ring, and Yoni Assia. We recommend the best products through an independent review process, and advertisers do not influence our picks.