LimeFx broker reviews
LimeFx broker reviews

I have gotten calls from the UK, Germany, Cyprus, Sweden, Belgium, Croatia, Norway, etc. People have called from LimeFx as well as other companies, so it seems like LimeFx have sold my number. I tell those who call to leave me alone and erase my number from the system, but they keep calling. The WebTrader offered by LimeFx is for those who – for whatever reason – cannot download MT4 and install it on their local computers.

LimeFx broker reviews

I have been using their services for just a couple of months but so far I am fully satisfied. In addition to these “standard” account options, there’s a free demo account and an Islamic Account type available too. WebTrader supports one-click trading as well as advanced charting and analysis, with an impressive number of time frames. Its Trading Cubes feature serves up the hottest assets and trading opportunities, according to the individual interest of users.

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Such traders will love the WebTrader, which – despite its browser-based nature – almost equals the full MT4 platform in terms of functionality. Like all the other account types, the Blue one is eligible for Reward Point accrual. Blue account users collect 1 reward point limefx per traded lot, the value of which is $5. The cheapest/most basic account option is the Blue one. The minimum required deposit for such an account is $250. Membership in the Investor Compensation Fund offers protection to the extent of EUR 20,000 on trader deposits.

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. The rules and regulations, Bonus and Withdrawal policies are not legitimate and they are made for defrauding investors. Therefore, when you have these much parameters to enhance your trading performance with, it’s only natural for it to be an excellent basis for your LimeFx.

Perks-wise, the Gold account is a full-extra account. While LimeFx’s trading conditions may not be the absolute best the market has to offer, they are quite attractive. Fixed spreads on the EUR/USD pair begin from 1 pip. I open an account with just the minimum, but I am happily earning good monthly profit. Justin is an active trader with more than 20-years’ industry experience of working for big banks and hedge funds.

The comparison values are based on data from 15 Forex / CFD brokers. This Broker has been rated average by our editorial Staff. Start your trading career with a Top Rated Broker Now!. By putting together a compelling chargeback strategy from beginning to end, victims of online fraud have a relatively high probability of recovering some or all of their lost funds. A payment chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. There are also regular low-commission, or no-commission, promotional offers for new and existing clients. The broker also offers very low spreads for Gold, Platinum, Diamond, and Elite account holders, with floating spreads starting at 1 pip for the EUR/USD pair. There may be costs attached to withdrawals and deposits, depending on the methods used. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate.

If you are a beginner LimeFx is a way too big commitment for you and we would advise looking somewhere else. Monarch Project and LimeFxs Ltd is a separate entity and is not related to LimeFx in any way. The former is a Non-Government organisation incorporated as a financial services firm in Mumbai, India in 1993.

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Hopefully, we will be able to give you enough insight about the broker so that you can make an educated decision, instead of going in blindly. I started trading with limefx scammers zero knowledge and zero trading experience. Glad I trade with the right broker, they’ve helped me succeed. I am consistently gaining good profit out of their deals.

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A CFD is a tradable contract between a client and a broker to exchange the difference between the opening price and closing price of a contract. With CFDs, investors can benefit from the fluctuations in the price of stocks, commodities, indices, and more, without actually owning the underlying asset. There are CFD instruments available to trade on assets such as Currencies, Commodities, Crypto, Stocks, and Indices. There are 4 account types, Blue, Silver, Gold and Elite which have different trading conditions. The list of available trading instruments at LimeFx is quite small. Forex Broker Review ( – SCAM

MT4 provides various types of charts for easy understanding. Charts like line charts, bar charts, and candlesticks are all available for easy technical analysis. As with many other retail brokers, the brand has expanded in recent years and have gained popularity among traders across the globe.

LimeFx broker reviews

A demo account is available, as is typical with nearly all spot Forex and CFD brokers. They are regulated by the Cyprus based regulator CySEC, which is one of the most popular places for brokers because of the laws that the country has. Trading companies are a lot safer there because of the to €20,000 EUR per person Investor Compensation Fund, which helps investors regain their lost money.

In addition to this nifty little selection, there’s a free Demo account available as well. No fewer than 3 trading platforms are at traders’ disposal, covering every possible need and device type. With this automated trading system clients may create Expert Advisors, software programs enabling traders to constantly monitor the markets. Custom Indicators help traders to predict future price movements by analyzing past and current price information. And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke. What I really like about this broker service aside from being profitable is that I can easily trade on multiple markets on my account.

LimeFx Ratings

Please be advised that certain products and/or multiplier levels may not be available for traders from EEA countries due to legal restrictions. The backbone of the brokerage trading platform-wise is beyond a doubt MT4. MetaQuotes’ creation is the most popular trading platform for several reasons. The minimum required deposit is just $250, which makes LimeFx accessible to just about everyone interested in trading. 24 hour support is available in multiple languages and market coverage of the broker is quite exceptional. In addition to “legacy” asset-classes like Fx pairs, indices and various commodities, LimeFx also supports cryptocurrencies.

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The website is only translated in English, French, and Deutsch. Mobile platforms are available but Demo accounts are not. By far the best Extra feature is the Negative Balance Protection, which means that your account balance will never go below zero, so you will never owe money to the brokerage. What’s good is that you can benefit from this feature even if you hold the lowest account with LimeFx.

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LimeFx, on the other hand, is a Cyprus LimeFx Firm offering CFD trading in forex, stocks, indices, commodities and cryptocurrencies. Payments and withdrawals can also be made by e-Payment, using ECOMMPAY. The firm does not charge a deposit or withdrawal fee, but this may change in future. You should also check the fees that your bank or credit card company may charge on deposits and withdrawals. Keep in mind that the minimum deposit will depend on the type of account you opened.

  • LimeFx is a broker that’s been around for quite a while now, first appearing in 2015.
  • The broker provides access to 3 powerful trading platforms, which cover the full desktop and mobile platform-ranges.
  • LimeFx, on the other hand, is a Cyprus LimeFx Firm offering CFD trading in forex, stocks, indices, commodities and cryptocurrencies.
  • LimeFx’s customer service setup doesn’t fix what’s not broken.
  • Perks-wise, the Gold account is a full-extra account.

Last but certainly not least, the deposit and withdrawal methods are quite quick, and there’s a good number of options. You’re quite likely to find the card or e-wallet method you prefer. On top of that, client funds are held separate from the firm’s, so even in fringe cases, such as bankruptcy, your funds are secure. However, convenience only goes so far in the trading world.

Trading Accounts needs to review the security of your connection before proceeding. I was able to withdraw swiftly and I get good money from the trades. Services are very efficient and trading advise are effective. They’ve got so many offers that are truly productive. They are transparent on all transactions and I am gaining good profit.

All client funds are kept in segregated accounts, separate from the company’s own funds, and supervised on a daily basis. All financial transactions are encrypted and handled by Level 1 PCI certified international payment service providers. Alongside this, the broker also maintains constant compliance with CySEC regulation requirements, implemented by keeping clients’ funds segregated from the company’s funds.