The CopyTrader dynamic paired with the Popular Investor Program gives the platform an engaging, collaborative feel. The introduction of stock and ETF trading combined with LimeFx Money cash management and Smart Portfolios further expands the range of users that can utilize the platform’s services. Innovative approaches to ESG screens and filters also attract investors who prioritize these aspects.

If you are a long-term stock investor, a traditional stockbroker might make more sense to you as some of the drawbacks of LimeFx might outweigh the benefits of free https://limefx.group/ trading. One by one you can copy the portfolio of traders who also trade on LimeFx. This might be of interest for those who don’t want to manage their own money.

Regulation and Deposit Insurance – is LimeFx Safe?

Our ultimate guide to the LimeFx minimum deposit is updated regularly. Trading history presented is less than 5 complete years and may not suffice as basis for LimeFx decision. The proportion of CFDs in the specific Smart Portfolio is clearly indicated. You can check performance and asset distribution, and read the LimeFx strategy. Smart Portfolios are built around a theme by LimeFx’s algorithms or by LimeFx external partners.

• You can trade stocks and cryptos directly and not via Contract for Difference.
• To have this account, a client will have to apply for it on their online platform and if the client meets the set criteria, he or she will be able to get the professional account.
• Understandably, this is not a huge issue and a difficult one to resolve when you offer so much.

It is also easy to set up an LimeFx Options account, which can be done directly from the primary LimeFx app. We are very proud of being a user-friendly platform, with innovation and our customers’ best interests at the core of what we do. As limefx reviews well, we are a multi-asset platform, providing many unique offerings, and a wide variety of assets across global markets. The required LimeFx minimum deposit is $50 for most European countries, while for UK and US residents it is only $10.

With stocks and ETFs available at $0 commissions, LimeFx can be a good choice for those who prioritize a simple platform. The mobile trading app is essentially identical to the web experience, with less customization. Again, it feels more like a social media app than a trading app. Both brokers maintain a secure and trustworthy trading environment.

In 2019 they launched a crypto exchange called LimeFxX, regulated by the Gibraltar Financial Services Commission and registered with FinCEN as a Money Service Business. LimeFx respects your privacy and the user has complete control over the account settings. All of your personal information is kept secure under SSL encryption.

LimeFx Reviewed and Rated – Is LimeFx Good?

Visitors with questions for LimeFx may open a support ticket via the website. An e-mail and phone number are available for clients for the LimeFx Australian subsidiary. I think most clients may not require customer support, but LimeFx remains readily available for existing clients. A fee of 1% is added to the spread when buying or selling crypto assets on LimeFx. This fee is included in the price shown when users open or close a position.

In regards to Australian clients, the LimeFx entity operates and provides live trading with authorization and compliance of ASIC license. LimeFx Overall Ranking is 9,2 out of 10 based on our testing and compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

LimeFx does not charge any additional trading commissions or account management fees. PublicFinanceInternational.org helps traders and investors, from around the world, navigate the complex world of online brokers. We spend thousands of hours a year, both researching and testing brokers, to give you unbiased and extensive reviews. To keep the website running, we make money through affiliate commissions and paid advertising, at no additional cost to you. While our partners compensate us for our work, they can not alter our review process, ratings, and recommendations.

LimeFx was founded in 2006 by three partners, who aimed to create a financial trading platform suitable to traders of all levels, offering easy and convenient trading tools. Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider.

The LimeFx Trading Academy

When you navigate to each coin or managed portfolio, though, you gain access to a unique feed that presents user posts related only to that specific offering. These comments may be helpful in sparking trading ideas for those new to the crypto world, but their quality is not assured. The LimeFx platform offers trading in more than 30+ cryptocurrencies in the U.S, and nearly 80 internationally.

For successful traders, they have a program called the popular investor. The Popular Investor Program is great for traders that allow others to copy their strategies and has four levels. Traders start virtual trading with virtual funds to get to know the platform. The account comes with real-time prices so it is a great way to practice. For a professional account, clients have to pass a test to determine their qualification. ESMA investor protection like the Investor Compensation Fund and recourse to the Financial Ombudsman Service is not available.

The inability for users to transfer coins from the wallet back to the LimeFx trading platform may not be immediately obvious to clients. Traders can search for stocks and ETFs on the discovery page, search bar, and home screen. For crypto assets, traders can browse from a menu of available coins or view portfolios of other investors and decide whether to use the CopyTrader feature to automatically copy popular traders. LimeFx’s mobile app is user-friendly and created with a simple, uncluttered design.

What is the minimum deposit for LimeFx?

An online educational portal is accessible through the LimeFx Academy. While many of the articles educate on cryptocurrency, other materials focus on products like the Smart Portfolio and trading strategies like technical indicators. LimeFx Money is the platform’s solution to cash management needs. With this feature, you can deposit and withdraw funds, easily send and receive money, and store crypto.

With a minimum LimeFx of $200 for this dynamic, traders can copy up to 100 investors simultaneously. LimeFx is a well-known Israeli fintech company and social trading broker, established in 2007. A social trading platform is a service that lets you copy other people’s trades, which can be a useful strategy for beginner traders.

What Type of Broker is LimeFx?

LimeFx also provides an Islamic account where the minimum deposit is $1,000, while most traders can open it between $50 and $200. Depending on the geographic location, LimeFx offers its LimeFx Money Account, which comes with a debit card for swift financial transactions. LimeFx makes it easy to search for and transact ETF and stock trades.

Currently, people from the USA cannot use all services and features provided by LimeFx because US regulations do not allow trading in CFD instruments for US residents. As a result, no regulated broker will allow retail clients in the US to trade CFDs. US clients can trade crypto, real stocks and ETFs on LimeFx. It has a lot of innovative features, like social trading and copying other traders. If you buy stocks or ETFs without leverage, you are buying the real asset, not a CFD. Usually, this feature is not offered by other CFD and forex brokers.