LimeFX Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:2 36

Traders need to ensure that they understand their risk exposure and determine whether the risk involved is suited to them before making trading decisions that could result in loss of capital. LimeFX makes multiple deposit and withdrawal options available including Bank Transfer, FasaPay, and BitCoin. The execution time of withdrawal will depend on the option selected.

LimeFX forex brokers reviews

From our observations, LimeFX International offers a wide range of services suitable for both beginner and advanced traders. The broker offers a mixture of commission-free and commission-based trading accounts with varying spreads and access to different amounts of leverage. From our experience, LimeFX International is safe, reliable, and properly regulated.

Trade with a Regulated Broker

Deposits and withdrawals are where LimeFX International shines. It could be the broker with the most supported payment processors, which supports its market-leadership position in emerging and frontier markets. LimeFX International does not charge deposit fees, and most payment processors feature instant execution. Some withdrawals face internal costs, while third-party processing charges may also apply. With processing times of 24 hours, traders will receive their funds swiftly.

LimeFX has been established in 1998 and is headquartered in St. Vincent and the Grenadines. For the international brand and regulation, the headquarter is on the 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius. First of all, technical support not interested in your trading activity, they only ask about additional deposits limefx courses scam and etc. Every night they scam broker enable huge crazy spread, every night! The personal manager told me that everything okay, looks like our liquid provider disconnected, WTF, every night? We launched strategy in Australian broker and LimeFX, the Australian broker now had +36% for 2 months LimeFX at that moment working only into the minus.

LimeFX forex brokers reviews

This tool is useful in predicting probable events and can be utilized as an important advantage to improve the new set of Forex trading strategies. Apart from the tools, this LimeFX review just mentioned, there are excellent specialized tools too for technical analysis. Forex economic calendars make sure that the investors are always informed of the relevant economic news. In this way, the trading forex investors have an advantage to either prepare or plan their trading driven by the event or reduce the risk levels on the way. Traders always want to know about national holidays in the year.

Trading Tools

You can check out Admirals for a better variety of educational resources. LimeFX is proud to present you with the popular MetaTrader platforms. These platforms were designed by the Cyprus-based trading software firm ‘MetaQuotes Software Corporation.’ The MT5 is the newer version of the MT platforms. However, I still prefer the MT4 as I find it more user-friendly with a simple user interface. Both versions are free for you to use and available as desktop applications, WebTrader and as mobile apps. The application interface of both platforms is very similar, both on mobile and on computers.

Traders can use the LimeFX demo account to participate in real-time pricing on the international exchanges, thus testing tactics and strategies comprehensively. During our LimeFX test, however, there were no occasional delays, requotes, and slippage. For the convenience of its customers, «LimeFX» provides the opportunity to work for a while on a demo account.

Base Currencies (Trading account Currencies)

This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. Swap rates for holding positions overnight vary and can be found in the MetaTrader trading platforms as well as on the broker’s website, as shown below.

Is LimeFX a reliable broker?

Overall, LimeFX can be summarised as a credible and trusted broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and is considered a low-risk trading environment. Applari has a trust score of 90 out of 99.

We still have not received any information from you to verify your query. In order to check and help you with the current situation, kindly send us your MyLimeFX account number and your trading account number to , providing a detailed description of your issue. A Crypriot IBC , FT Global Services Ltd, monitors the processes of credit card transactions.

Is LimeFX Reliable?

The advantages of using MT4 are numerous, but most centre around the community support and the number of users that the tool boasts. LimeFX offers a wide variety of deposit and withdrawal methods, but its withdrawal fees are higher than other similar brokers. There are three standard accounts at LimeFX and all use instant order execution, and are available on the MT4 and MT5 platforms. Spreads are generally wider than market execution accounts, but no commission is charged, and they are available as swap-free accounts. A wide range of account types offering a variety of institutional grade spreads, commission-free trading, varying leverage amounts and copy trading.

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have publishedour review process that includes a detailed breakdown of the LimeFX offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker and the trading conditions offered to clients, which are summarised in this review.

  • Very interesting is also the possibility to transfer money from another broker directly to the LimeFX trading account.
  • Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
  • While we adhere to strict editorial integrity, this page may refer to our partners’ products.
  • Today it is one of the largest brands in the Forex industry and most importantly, it continues to develop and grow every day.

There are enough materials for learning and the conditions are appropriate. I have not made a bad profit with the help of a ramp, I did not even expect such a thing. Daily professional market reviews, FXStreet calendar, the latest exchange rates, rates of cryptocurrencies, many tools for technical and fundamental market analysis (Autochartist, indicators, etc.).

Third, that Cysec revoked the license due to violations is a blatant lie. The management has taken decision to terminate the operating activities of LimeFX Financial Services Ltd. in that country. Thus, the revocation of the license for Cyprus 2012 from LimeFX Financial Services is solely related to the closure of this legal entity. Forex in Russia is officially recognized as part of the financial sector. If you think banks are a «scam» as well, then we have no more questions for you. It is worth noting that such a small fine indirectly demonstrates the recognition by the regulator NFA absence of fraudulent actions on the part of the company.

What is the minimum deposit for LimeFX?

Please read through the following information before making a deposit: Deposits can only be made in the name of the LimeFX account holder. The minimum deposit amount is 5 USD. The maximum deposit amount per transaction is 3,000 USD and there is a monthly limit of 5,000 USD.

You tried to withdraw money to the Neteller wallet which is registered to the surname of another person. Your money stays in your trading account untill you withdraw them and nobody can do it but you. Please upload a photo of your passport/ID card to your myLimeFX account or send it to the e-mail to confirm you are the owner of this wallet. Another point of appreciation is the collection of trading instruments offered at LimeFX.

You can choose from different traders and strategies that you would like to copy. The payable subscription fee is stated by the signal provider. I have to reiterate that past performance is by no means guarantee of future performance. If LimeFX is not accepted in your country, you can find alternative brokers through our broker comparison tool.

While you might think that this is an easy task as all you have to do is to search online, the fact is there are just too many brokers online for you to evaluate properly. So to help you make the right choice in your broker selection, we have reviewed some of the leading and most trustworthy brokers in the industry for you to check out. Quotes on demo and live accounts may differ from each other, because they have different servers and flows. Therefore, quotes may not be the same like in the real account. The difference, as a rule, is insignificant, not more than a few pips.

LimeFX forex brokers reviews

This section will cover and explain each indicator individually and show you the technical analysis that is used to generate a buy or sell signals when trading. There is a total of about 100 free lessons on this Forex trading education website that have been divided into these three categories, starting with the FX Basics, Technical Analysis and Key Concepts. You do not need any other Forex classes or any other online Forex school – this website has compiled all the tutorials required from the beginner lessons to the advanced topics.

Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.