LimeFX is it a scam? Reviews about forex broker

Gain access to an impressive range of precious metals to conduct more trades and diversify the leveraged product portfolio. Trading and LimeFX in non-currency products allow the trader to extract a decent income as precious metals are considered traditional assets whose prices do not fluctuate over time. LimeFX offers competitive spreads for trading in precious metals like gold and silver.

  • LimeFX accepts various payment modes and allows the trader to conduct the minimum required deposit and withdrawal of funds directly between the platform and the bank account.
  • Upon registration, the user will receive a link in his email inbox and phone message box for the verification of the account.
  • Although it offers less rich platform than other brokers, it has a commission-based pricing model as well as comparatively low spreads, which makes it one of the best broker companies.
  • Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.
  • Ability to set a pre-determined stop equity loss on each account to limit the level of risk.

CIMA aims to protect consumers by placing rules and regulations to set high standards and protocols for firms to conduct their business within the financial limefx scam industry. Access to the world’s financial markets from one trading account. LimeFX makes a single deposit option available – Bank Wire Transfer.

The CFD rollover allows clients to maintain their present open position in the subsequent months. We utilise one of the top tier banks in the world for our firms account custodian services. As a solid financial partner, National Westminster Bank provides an assurance of integrity in the banking spectrum. CIMA regulates the financial services industry in the Cayman Islands. The MT Pro provides a variety of new features that will improve your MT4 trading experience and allow you to customise trade settings.

LimeFX Competitors

Multiple factors are contributing towards economic uncertainty. Unemployment is skyrocketing across the globe as a result of lockdown fears. Similarly, the phone support is quick to answer, and answered any questions successfully. Overall, the customer support team is responsive and resolves issues quickly.

  • The traders need to make a minimum deposit of at least $5000 to start trading in assets.
  • Clients will need to show photo identity and a recent utility bill.
  • It is therefore advisable for traders to conduct trading regularly or close the account altogether by applying for closure at the customer support help desk.
  • The MetaTrader 4 also allows for importing and activating custom indicators directly into the software.

To trade Forex, traders engage in the forex trading of major forex pairs, minor forex pairs, and exotic forex pairs of competitive prices and narrow spreads at low forex fees. However, the broker platform does charge a fee of 2.9% for making deposits and withdrawals via Skrill and bank cards. The LimeFX withdrawal fees are 25 GBP for international bank transfer and 10 GBP for faster processing of payment in the UK. Users at LimeFX engage in the trading and LimeFX of 35 international currency pairs that include major and exotic currencies as well as CFD indices like S&P 500 and Dow Jones.

Top notch customer support and very friendly user interface. Haven’t noticed any performance issues in regard to trading – would recommend them to anyone who is looking for a broker. I have worked with multiple brokers and LimeFX is by far the best. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.

Recent customer reviews of LimeFX

LimeFX after detection of profitable trader rejected to open the real account. This broker is just waste of time they love just unprofitable traders. In addition to MetaTrader 4, MetaTrader 4 Mobile platforms, offers proprietary MT Pro software for MetaTrader to enhance traders’ MetaTrader 4.

  • provides MetaTrader 4 software which is the best Forex trading platform according to reviews.
  • The broker provides this trading platform and this trading Metatrader4 platform can be downloaded from the brokers’ website.
  • The highly active traders and investors of the significant financial situation are usually provided with extra trade opportunities by the liquidity-providing brokers of the platform.
  • A firm regulated by such regulatory bodies will allow you to make LimeFXs without being exposed to market scams.
  • ☑️ Users can view all live quotes for tradable assets which can be customized to display the trader’s favoured assets.

Understand what the market is expecting and make the right calls. Expand your clientele base by utilising the latest technology and trading resources that is offered in the industry. Custom software solutions to facilitate the trading for multiple accounts and strategies.

One-click execution

View the development of account balance and equity curves over a specified time period in USD. Obtain our turn-key infrastructure to enhance or establish your brokerage firm. We have conducted an extensive fundamental and technical analysis to identify the best technology companies in Kenya. We have conducted extensive fundamental and technical analysis to identify the best value stocks in Kenya. Review details of the license, registration and regulation of this FX broker can be found on their website. It’s very easy to work with LimeFX.They respond fast to our questions and they are always available.

Brokers that don’t have an account minimum generally do this to grow their customer base. The minimum initial deposit with this brokerage is $5,000/£5,000. Though this is quite high, it shouldn’t frighten you too much. Brokers that require heftier initial deposits usually offer higher quality and more varied services to clients. With this, the broker doesn’t go near traders deposits for its daily operations.

Get in touch with the brokers and the customer service team for help with trading and LimeFX. Consumers choose the assets for trading and set the interface of the platform with the parameters of their choice to conduct business in your styles and preferences. Moreover, one can also conduct forex trading through the platform of MetaTrader 4 or MT Pro for a more profitable and unique trading experience with the help of forex brokers and other brokers. The data required for making LimeFXs in currency pairs comes from the exclusive ECN pricing model available at LimeFX. The multi-asset broker platform also provides traders with comprehensive trading reports of profits and losses, performance in the metals market, time analysis, and more information. With MT4, traders get access to the Market Depth model along with an extensive charting package for the in-depth analysis of assets and financial markets which can help you in your trading need.

You see, depending on your country of residence, you will sign up with different entities of LimeFX. LimeFX offerings are not the same across the board – with some jurisdictions having access to more tradable assets while others offer less variety. This is a result of different regulations across jurisdictions. Therefore, your country of residence will determine which trading instruments you will have access to. The largest minimum deposit you could need, when all account types and jurisdictions are considered is a sizable $10,000/£10,000. LimeFX provides the MT4 trading platform, and an easy-to-use forex trading app.

LimeFX forex broker

This means that if the broker goes bankrupt, you won’t need to worry about your funds, they should be safe, secure, and returned to clients. I tried to sign up for an account and they email me saying that I will be signing up with LimeFX. It is just an agent or affiliate that sends you to another real broker and collects a fee but delegates the work of the floor operation and trade execution to another broker.

Where Exactly is LimeFX Regulated? 🌎

LimeFX offers basic tools and multiple instruments for the fundamental and technical market analysis of the financial markets. It also provides the PAMM and PAMM Plus applications along with import EA signals to the trader signed into the platform to manage multiple trading accounts for trading forex and other products. Although this market brings certain risks, many will say that risks are present in other spheres of human life as well and other jobs. However, it is important to be educated on what you are doing, and it is necessary to know how to deal and when and how to deposit funds. It is important to find the right terms on which you can agree, and not to invest your money in vain. Therefore, many companies are trying to make an offer which will fit for all of their customers, slowing them to work in a safe and protected environment.

LimeFX forex broker

One does not need to pay any additional fee for making deposits via bank transfer. The MetaTrader 4 is available on your iPhone, iPad, and Android devices absolutely free of charge. With this application, you can control your account, trade in the financial markets and use 30 technical indicators for market analysis.

When autocomplete results are available use up and down arrows to review and enter to select. Touch device users, explore by touch or with swipe gestures. Reviews posted from a disposable e-mail address (e.g. ) will not be published. Please submit your normal e-mail address that can be used to contact you. My EAs made over 3000 trades of all sorts so far – all being perfectly executed.

You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Trade Copier – The software which allows money managers and signal providers to distribute trade signals for execution on the MetaTrader 4 platform. Slippage exists, but about half the times is in my favor, which would be my expectation from a true ECN broker.