A high-functioning app is vital to your success on your investment journey because you can access the very same information you get at your desk, on the couch or in the office. When you want to invest in forex, for example, you view and interact with real-time and historical charts with several useful pieces of information. We may earn a commission when you click on links in this article. 100% super-charged bonus – Applies to every deposit over $250 with a maximum cumulative bonus of $50,000 or cumulative rebates up to $8,000. While LimeFX is committed to giving each customer what they want, the company still felt like they were locking out other potential customers.
- With a 50% fee, that’s a small price to pay for success.
- Constant vigilance should be applied at all times when sending money online.
- LimeFX is undoubtedly one of the leading brands in the online trading market.
- The 6 live trading accounts of LimeFX fail to serve the basic function of providing competitive trading conditions at cheaper rates.
If LimeFX-tr.com is offering forex trading you should check with a trusted regulatory body to see if they are regulated as most forex brokers are scams. Moreover, it provides enormous numbers of trading tools and materials for both new and experienced traders. CFDs and trading in forex on margin, carries with it significantly high levels of risk and might not be compatible for all the investors.
Both beginners and seasoned traders can enjoy trading videos, Webinars, various tools including social and copy trading, daily outlooks and personalized service. LimeFX offers Moving average bonuses only for international traders. LimeFX charges no fees for withdrawals, however Bank wire addsonprocessing fee for international transfers depending on your bank.
Best Broker Ever
LimeFX is known as a trending platform in online trading activities, derivatives on UK and US stocks, forex trading, spot metals, commodities, and indices. The safety of clients’ funds is one of the missions of the broker, including a world-class customer support relationship. The minimum deposit limit for the trading accounts of LimeFX through bank wire transfer is set to $100. In addition to this, the time taken for the funds to reach the accounts of traders is 7 days. The experts in this field review all aspects related to forex trading and the broker offers.
Trustpilot is also a site where users can share experiences on a product. Be it company services, or goods and services, and many other categories. As for innovative solutions, only Elon Musk can compete with LimeFX.
Zero Spread account averages on 0.0 – 0.9 pips for EURUSD plus commission from 3$ for 100k traded that goes lower for higher volumes. LimeFX has great range of instruments you can trade 150+ trading products includingForex, CFDs on Index, Commodities, ETFS, Stock CFDs and Bonds. LimeFX is available for trading only through international entities, excluding EU and UK clients. License and regulation are crucial to traders’ fund security. We check two facts, the broker’s license and its background, second how are you protected if something goes wrong.
The deposit that every client makes is protected by the best insurance scheme as per the regulations of the regulatory body. LimeFX also tries to keep their clients protected with the help of a civil liability insurance program under which LimeFX offers coverage of €5,000,000. With the help of this scheme, you will be able to get protection against errors, omissions, negligence, fraud and other things that can bring about great financial losses.
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. LimeFX permits hedging as well as scalping, news trading, and the use of EAs. Applications can be submitted directly from Hot Forex’s website after your account is approved and funded.
I just made my third withdrawal with LimeFX hitting my small roi and im very pleased, good execution and very acceptable spreads. Looking forward to my forth withdrawal from a pure profit prospective. While trading with this broker for more than Local currency one year i had noticed that they have wonderful execution and lowest spreads on all majors. The deposits are instant through my neteller however it took a few minutes when i used my CC. Withdrawals are processed within 24hrs which is great.
Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online. If a broker is not licensed by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. LimeFX mainstays on popular MetaTrader technology offering both platformsMetaTrader4 and MetaTrader5.
The limit on deposits and the high time required in the reflection of funds is not ideal for traders. There should not be a delay in depositing funds in the trading accounts due to the volatility of the markets. The other and professional option is to hire the services of fund recovery specialists for these jobs. They are the experts of analyzing LimeFX Review: Is forex broker LimeFX Scam or Not? trading brokers for possible complaints and issues. They are the ones to provide the final verdict about the reliability and legitimacy of the mpg_xbroker. LimeFX offers all the advantages and services for both experienced and newbie forex traders in one place; bonuses, low spreads, extensive educational material, reliable regulation.
LimeFX Is The Worst Broker I Have
Instead of facing losses due to scam brokers, it is better to let the experts investigate the platform for you. Although fund recovery is possible yet staying away from scam brokers from the very start is a wise choice. Established in 2010 and headquartered in Cyprus, LimeFX is an award winning forex broker that offers a wide range of account types and trading instruments. The broker is pursuing a policy of providing the most convenient and advantageous trading conditions for the traders. They don’t discriminate between traders which means that scalpers, swing traders, day traders and expert advisors are all welcomed.
Clients can choose various account types under the umbrella name— Islamic Account. The profit withdrawals are always on time and i can say that this broker is simply the best for all the services it have. I have been using their services for more than two years. There are seven most traded cryptocurrencies including Litecoin in the LimeFX platform.
Subsequent unauthorized withdrawals for $92.00 started to appear every day. It’s really important that you can easily get in contact with your trading broker, especially considering you have money sat with them. There’s nothing worse than not being able to find a contact number or just having to wait days for an email back. Hot Forex offers great support, 24 hours a day, 5 days a week so should you be stuck with something they’re always on hand to help out. To anticipate a forex investment risk, complying with the golden rule of high-risk investment is important. Only spend funds that are ready to risk, do not borrow money for forex deposits.
This shows us the high trust and we can see that the Forex Broker is a safe place to invest money. They have my favourite mt4 platform and I watch their webinars. The only disantavtrange is the missing of their own platform but since most of people prefer mt4 and mt5 i understand that this is a strategic decision.
LimeFX Red Flags: Scam Broker
LimeFX is regulated by CySEC in Cyprus, St. Vincent & the Grenadines regulatory authority and the FSC of the Republic of Mauritius. If you are still wondering whether this is a safe option, you can cancel the contract at any given time. For those who want to join and upgrade their investment strategy, Yield Nodes is the solution. Although LimeFX was launched back in 2008, the Forex brokerage firm has not been quite popular like it is today.
Trading Conditions With LimeFX
Besides, the broker offers Forex VPS hosting service for their clients. Clients are also entitled to receive a MasterCard which can be used for fast withdrawals and online shopping as well. I know this broker a long time ago and it’s totally genuine because it’s regulated by FCA. After Payoneer crisis with Wirecard, I recommend all FCA licensed brokers . I also did many withdrawal from LimeFX to my Neteller account within last 2 years and never get any problem. Currently I have stopped trading for other investment but still recommend LimeFX.
How To Trade Forex
Whether you’re just new or an experienced trader, our LimeFX review finds that this broker is excellent and trustable. Besides MT4 and MT5, traders can access and perform trading activities by logging their MT4, and MT5 accounts from any website enabled device. LimeFX provides the standard MT4 and advanced MT5 trading platforms with full features. The company also provides a civil Liability insurance program for a limit of €5,000,000 to its clients and other third parties.
The major top forex websites which provide reviews and ratings for any broker will also help you a lot in trading. You can get the complete overview of the broker from the websites by doing a comparison among different brokers. Fund recovery specialists can investigate the demo account for possible LimeFXplaints. Sometimes you can get the details of the broker complaints on the demo account complaints section. Since I am from Asia where it is really hard to get the right broker, i had found this broker two years ago. They have pretty good offerings and are offering variety of assets for trading with nominal spreads.
What Is LimeFX?
This broker is pretty popular in my region and also my friends. But you need time to be familiar with their wide assets choice and variety services. You can never run out of options when it comes to funding or withdrawing funds from your LimeFX account.
The deposit can be made using debit/credit card, wire transfer, and E-wallets. The minimum deposit for wire transfer is 100$, for Union Pay card 50$, and the rest of the methods 5$ for the Micro account. Funds deposited via wire transfer are visible on the trading account within 2 – 7 business days, via Union Pay within 24h, and via other methods immediately. The LimeFX trading platform has been tested by several users and by us. One of the users on the LimeFX platform gives a story of how he proved the account. This process is very important to the company because of the regulatory authorities.