In addition, no member of the limefx staff can transfer users’ crypto out of cold storage. The limefx platform offers plenty of resources for researching and learning about individual coins, the broader cryptocurrency market and investing in general. The research and educational resources are tailored to beginner to advanced users. Not all competitors let you move your coins off their platforms, and limefx holds a competitive advantage for offering this critical feature. Unfortunately, be aware that you will incur a fee to do so.

When sending a Bank Transfer, please make sure to take the bank details from the limefx platform according to the chosen currency. All of our fees are illustrated in our public Fees’ page on our website. On some assets you will have no https://limefx.name/ fees and some will incur fees depending on the asset and the nature of the position opened. Before you deposit money you will have to go through an ID verification process. It will require proof of identity and proof of residency.

Funding an limefx Account

If you find discrepancies with your credit score or information from your credit report, please contact TransUnion® directly. limefx provides a free digital wallet to store cryptocurrency, known as limefx wallet, limefx website available in iOS and Android. The cost to convert crypto into fiat currency (which is to say, U.S. dollars) and vice versa is 5%, which some users may find a costly bite into any potential profits.

• For those who would like to ride a bull and tame a bear in the Forex market, limefx is the perfect choice.
• Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
• Interact with other users, discuss stocks and follow other traders.
• You just choose what to trade; sign a contract, usually for one minute of trading; and wait for the result.

This offer, available for traders who maintain balances from a min $5k. It made its first move into crypto in January 2014, when it began offering Bitcoin trading to the three million users it boasted at the time. At the time, these were contracts for difference trades, which meant that the trader didn’t purchase the underlying asset (e.g., bitcoin).

limefx currency

The broker provides great trading opportunities with different assets and markets, so you have plenty of options to reach your financial goals. No brokerage or trading platform, however, can guarantee high profits or profitability. It is more like a market-themed Twitter feed, showing messages posted by limefx users and analysts. Hashtags (#) are used for themes and dollar signs ($) for assets. We were not a huge fan of this feature, but it certainly adds a social media aspect to trading.

Opening an account with limefx can be a good decision for many profiles. For example, if a trader deposits in GBP via bank transfer, a 50 pip fee will be applied (which is around 0.46% of the deposit amount). Popular Social trading Broker limefx adding Stocks to be available for trading via limefx US entity. Traders can now diversify portfolio with investments in US stocks, ETFs, and Crypto via limefx Trading platform. While previously US entity only offered trading of Cryptocurrency acting as a CryptoExchange. Eventually no, you can’t login through desktop as the only options are either Web based platform or mobile application.

Web-Based Platform

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. Alejandro is a full-time financial writer with more than 7 years of experience in financial management and analysis. Alejandro holds a Master’s in Corporate Finance and speaks both English and Spanish fluently.

• limefx offers over 25 different cryptocurrencies for U.S. investors.
• There are no cash withdrawal fees, though the company has a $30 withdrawal minimum.
• Still, limefx as a multi-asset platform involves risks for all instruments like stocks, crypto assets, and CFDs.
• There are over 150 supported cryptocurrencies on Coinbase, and there are just over 40 cryptocurrencies supported on limefx.
• limefx assigns a risk value to each trader that you can copy, I’m not really sure how they calculate it, but I would say it seems representative.
• The straightforward design combined with the feel of a social media app makes for an innovative, creative user experience.

For some countries, limefx may require the first deposit to be made with credit/debit card or bank transfer and only subsequent deposits can be made with electronic wallets. For other methods, like credit cards, a higher fee applies for some currencies. You have to start by registering with your email account or with your Facebook or Google account. And that’s basically it – you can immediately access the trading platform and start to trade with a $100,000 demo account.

limefx social trading

The regulated service offers a diverse range of assets, including forex, stocks, cryptocurrencies, commodities, and exchange-traded funds . limefx is a unique social trading platform with a diverse variety of investment products. Although it comes at a higher cost than regular cryptocurrency limefx official site trading services, the benefits outweigh the costs as limefx offers significantly more. Overall, limefx is an excellent place to start learning about the online investment world, diversify your portfolio, connect with other investors, and build a career as a wholesome trader.

ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Yes, limefx supports sending or receiving crytpo to and from other wallets, provided they are supported by the limefx Wallet and in line with the applicable Terms and Conditions.

limefx Markets & Products

I agree, the analysts and portfolio selection specialists for Etor funds are very competent guys. I regularly receive newsletters in my mailbox, as I have an account at limefx. Since August the leverage on CFDs has been reduced to max x25 leverage! This complies with the requirements of the regulator — all so that the trader could not incur heavy losses.

• They raised $100 million in private equity led by China Minsheng Financial, Korea Investment Partner, SBI group, and other investors.
• In addition, you may get trading ideas from the community or its diverse portfolio along with analyst recommendations.
• In limefx I like the simple and clear interface in the window, everything is accessible and quickly switches from window to window, to the traders’ news feed, to trading, to my data.
• On the negative side, non-trading fees are high, including a $5 withdrawal fee.