Scope Markets is a global online trading broker that offers institutional and retail trading services to businesses and traders. This comprehensive Scope Markets review will explore the broker’s trading instruments, fees, trading platforms, regulations, deposit and withdrawal methods, spreads and leverage. We will also explain how to open and verify an account, and the safety measures provided on clients’ investment funds.
- Liquidity providers (LP’s) include huge global names Barclays, HSBC, RBS, Credit Suisse, J.P. Morgan, Goldman Sachs, Commerzbank, Standard Chartered, Citibank and BNP Paribas.
- Conversations via live chat are started and ended depending on the availability of the customer.
- Their regulated name is LimeFx (Pty) Ltd and their FSP number is 50926.
- This can be a great resource for beginners whilst experienced traders can enjoy some professional market analysis.
Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. Yes, LimeFx have a mobile Trading app that can be downloaded on both Android and iPhone. After carefully examining its terms and safety measures, we can refer to LimeFx as a safe and trustworthy broker. Customers can reach out via live chat, which is available 24/7 Monday to Friday. The issues and problems of the customers can be resolved instantly via live chat. Conversations via live chat are started and ended depending on the availability of the customer.
Is LimeFx a safe broker?
Thankfully, Metatrader and cTrader platform suites are available as reliable alteranatives. At BrokerNotes.co, our data-driven online broker reviews are based on our own extensive testing of each broker’s products and services as well as the qualified observations of our expert editorial team. In conjunction with our sister site, ForexBrokers.com, we’ve published well over 100,000 words of research and collected thousands of data points across hundreds of variables.
LimeFx Research and Education Summary
Read our full explanation and accounting of our research and testing process to learn more about how we test. Yes, based on your detected country of FI, you can open an account with this broker. Overall, LimeFx ranks #18 out of the 62 brokers that have been evaluated and scored within our investment types category. LimeFx has a Trust Score of 87, compared to the industry average of 83, and BrokerNotes.co considers LimeFx to be Trusted. We have transferred funds from our one LimeFx account to another, which went smoothly.
Here is a screenshot of a live LimeFx MT4 trading account during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. LimeFx research tools are designed to provide traders with the insights and analysis necessary to make informed trading decision. The minimum deposit requirement for both Standard and Raw accounts with LimeFx is 50 USD/EUR/GBP in Europe and 100 AUD or its equivalent for Australia and international clients. FP https://limefx.club/ Markets offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals. The CFD broker boasts a TrustPilot score of 4.9 out of 5 from 5,478 reviews, indicating high levels of client satisfaction and trust in the broker’s services. LimeFx’ RAW account offers ultra competitive raw pricing, especially for AUD/USD and EUR/GBP, with spreads at 0.20 and 0.30 pips respectively.
Traders engaging in Contract for Difference (CFD) trading will find LimeFx’ fees reasonable and competitive. LimeFx earns a top-notch rating in trust and safety due to its extensive regulation, comprehensive fraud prevention measures, and limefx forex brokers reviews stringent client fund security protocols. Traders can have confidence in the broker’s commitment to maintaining a secure and trustworthy trading environment. The free webinars are available to meet the needs of traders from all skill levels.
We also traded on the MT5 platform, which provides extra features like timeframes, indicators, and an economic calendar. On top of that, LimeFx has the cTrader platform celebrated for its user-friendly design, and the Iress platform that caters to professional stock traders with advanced tools. LimeFx provide you with plenty of payment options to choose from. The broker enables you to make deposits free of cost except for blockchain fees while using cryptocurrencies. However, most withdrawal methods require charges to be endured by the trader. Traditional payment options like debit/credit card and wire transfer and modern payment options like e-wallets and cryptocurrency payments come in handy.
Mobile Trading App
For a retail account, $1000 is the minimum deposit required for CFD trading and the financing rate would be LimeFx base rate + 3.0%. The 100 charts are available for traders to understand the currency and stock markets. The traders can conduct a technical analysis through an excess range of analytical objects.
Replies to “LimeFx Review 2024”
Traders should not confuse this setup, as all brokers out of St. Vincent and the Grenadines are unregulated. Clients must rely solely on the reputation of LimeFx, as no additional measures exist to ensure client protection, as available and implemented by other brokers. However, it’s important to remember that while LimeFx does not charge for withdrawals, clients may face fees from intermediary banks for international transactions. LimeFx provides the flexibility of choosing from seven base currencies for funding your account, including USD, AUD, NZD, CAD, GBP, EUR, and CHF. Upon registration, you have the option to select your preferred account base currency, which will be used for calculating commissions and managing your funds. LimeFx has an overall trust score of 60 based on regulation, reputation, and reviews.