LimeFx scam: #1 LimeFx Review Forex Broker Review, info, minimum deposit Website for Forex, Binary options Traders Helpful Reviews

You will probably also have top go through the standard KYC checks but LimeFx are normally pretty quick with this. This LimeFx review breaks down every one of the applicable non-trading fees for you in detail. In accordance with the company’s privacy regulations, customer information is never to https://limefx.group/ be shared with any other institutions or individuals. This includes credit history and other financial information. After launching in 2004, their customer base has become as large as 710,000+ clients. Over the past 19 years, LimeFx has become one of the top online brokers available to the public.

This one is good for beginners as it can hold the drawdown of the trading itself. The broker does not have a special customer service hotline, but instead provides phone numbers in different countries where their office is located. I liked using the services of this broker because they had a simple and clear trading platform that made it easier for me to navigate. I can say that since they switched liquidity providers, the currency pair quotations have become significantly more accurate. As a result, their commission rates are decreasing to the point where you won’t notice a reduction in your profits.

Account Types

The level of commissions will vary between different brokers and also depends on the asset being traded and the type of service offered by the broker. Our company always strives to limefx review provide our customers with the best trading conditions and we are always ready to meet our clients in controversial situations. Please provide any evidence to confirm your words.

Leverage is the use of borrowed funds to increase one’s trading position beyond what would be available from their cash balance alone. Forex traders often use leverage to profit from relatively small price changes in currency pairs. Leverage, however, can amplify both profits as well as losses. LimeFx has been operating on Forex since 2004, and now it is one of the promising companies in internet trading market. The company continues to grow, improve trading conditions, offer new popular trading instruments and take care of each client. All this contributes to the rapid development and brand awareness in the trader’s community.

Separate charts are provided for all the methods of deposits as well as the ways to withdraw funds. With LimeFx you can trade even if you are not a professional trader. I’m a newbie and find all of its conditions convinient, simple and transparent. Nobody called and urged not to withdraw, everything was honest. When I have just registered, they called me and offered help for further actions.

How can I start trading with LimeFx?

Since 2004, the broker «LimeFx» carries out its financial activity. The service is registered and regulated by the public authorities of Saint Vincent and the Grenadines and is owned by the brokerage structure Riston Capital Ltd. All supporting documentation is available on the official resource. Yes, LimeFx offers customer support over the telephone.

LimeFx offers demo accounts for our MT4, MT5 and cTrader platforms, as well as live trading accounts for MT4, MT5, cTrader and LimeFx SuperTrader. In addition to this LimeFx offers specialised services for account managers and VIP clients. So I made a second deposit this time a deposit of $1,100 and placed my trades. This struck me not only of the incompetent support that the company had but also that the company may not be as skillful and efficient as I thought it would be when I registered.

My account manager from Malaysia is very supportive and dependable – he really knows what he’s doing. He provides me market updates, and even shares the Forex signals he’s been using since he started trading Forex. Sometimes spreads are too high, very far from what they advertise. But I have to commend their execution, fast and reliable! Just want their support to be more responsive and proactive though. Sometimes I just feel like they’re unmotivated or lazy.

LimeFx Trading Platform

By scalping, I was able to generate a 10% gain in a month thanks to the narrow spread. With no requotes on their platform, they prove to be a trustworthy ECN broker… I never switched to another broker after discovering LimeFx. They have been in the market for over ten years and I have never seen any hidden trading terms in their accounts. They are constantly upgrading their trading server in order to improve its reliability.

Of course, there is no sure-fire method to guarantee profits; therefore, you must carefully assess your agent before you select them. It is a frequent misconception that all agents are the same, but that’s not true. Wrong judgment, in the beginning, can set your LimeFxs at risk.

LimeFx gives access to customer support over livechat. LimeFx acknowledges the importance of owning a quick order execution. A quick execution will allow users to trade without fretting about slippage safely. It is going to also help the traders to catch any opportunities. The creators of LimeFx are known for their experience in the sphere of internet trading. However, there are a lot of other key people at LimeFx who have a substantial contribution to it’s success.

Bonus and Promotions

LimeFx is an offshore broker that offers multiple assets for trading on the sophisticated and popular MT4 and MT5 trading platforms. The choice of platform is commendable because MetaTrader platforms are popular and thousands of EAs and apps created for these platforms are already in use. Multiple payment options are available; this includes Bitcoin and multiple e-wallets.

It is convenient to trade here, but it would not hurt to make the upgrade speed faster. LimeFx has some of the best people in their support department. Whenever I have concerns pretty much about anything, there’s always someone ready to help.

A major drawback with this broker is its regulatory status. The broker’s operations are not authorized and regulated by reputable brokers such as FCA, CySEC, FSCA, etc. So, this is a major concern for experts and industry professionals. Also, the asset listing is small compared to thousands of instruments offered by its competitors. Withdrawal of earned funds is carried out without failures and fast, which cannot be provided by many other similar organizations.

LimeFx is an online broker platform, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. In other words, an internet broker isn’t necessarily influenced by the number of customers they have. LimeFx offers customer support over the phone.

As LimeFx is only regulated by a third-tier authority, it is not as safe or as trustworthy as other brokers. In contrast, our recommended forex brokers all boast top-tier licenses from the likes of CySEC, ASIC and the FCA. Trading on LimeFx website is very easy and pleasant because of its great trading platform. The website is using MetaTrader 4 – the real leader among all of the web-based platforms in the world. Also, the broker does have a mobile version, so if you want to make trades on the go, simply use your mobile device browser to type the name of the website and to make trades anywhere and anytime. Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts.

The currencies LimeFx accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD. If, after reading this LimeFx review, they don’t fulfill your needs check out these LimeFx alternatives. Average email support from LimeFx was outstanding. The overall phone support provided by LimeFx was okay. The LimeFx phone support team were able to effectively address our questions and issues on the phone. We tried the multi-lingual LimeFx team by making calls in various languages.

Long term trade can be done here since the swaps are decent enough it won’t waste your profits. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades. There are many attractive things about LimeFx, the well-designed website, generous no deposit bonus, multiple trading platforms and even the false positive online reviews. The Company provides access to online trading for clients from more than 200 countries all over the world.

The ECN account offers professional trading on an advanced level, as well as an inside trading spread, high liquidity, and prompt switches to interbank when needed. A forex account is a trading account held by a trader limefx with a company like LimeFx that is primarily issued with the purpose of trading currencies. Forex broker services are also provided for institutional clients and large companies such as LimeFx banks.

• This broker did not score well during our testing process and is not recommended by our experts.
• The company provides access to Forex and CFD markets.
• Worth to jump to their ECN account since the liquidity providers are always updated to make the spreads on most pairs even tighter by the time being.
• If you want to exchange with LimeFx, you’ll need a minimum deposit of $1.
• One thing to note about this broker is that they are doing webinars in weekly basis where mostly they discuss about the market and making a simple analysis over it.

The partnership program has more benefits to those who are dedicated to educate people about Forex trading. Needs more instruments to be traded around weekend. The broker could be considered as not much distinguished from the top brokers of our latitudes.