On the broker’s website, traders can trade without paying a commission. As a result, traders can increase their profit margins by trading without commissions. Clients are charged swap fees by the broker; however, Premium and VIP account holders receive savings ranging from 25% to 50%. However, because the broker is regulated by the CySec, there is a high chance that it is not a scam. With that being said, it still does not mean that LimeFx is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Hi Jamal, We apologize for any inconvenience you have experienced with your withdrawal. We take such matters seriously and would like to investigate your case further to ensure a satisfactory resolution. In order to assist you better, we kindly request that you reply to the Find Reviewer request we sent to you through Trustpilot. By providing us with your data, we will be able to locate your account in our system and address your concerns promptly. Thank you for your cooperation, and we look forward to resolving this matter for you.LimeFx 🚀🦾Solid Trading.
They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. I think the desktop version of the platform is great for running automated systems (expert advisors) whereas the mobile trading app is perfect for taking the markets everywhere with you in your pocket. Read on to discover whether you can trust LimeFx and explore trading by opening a live trading account and depositing your own funds. Find out whether LimeFx is in fact a reliable and trustworthy broker, whether your capital is at risk or if there are any confusing fee structures. I understand the value of low leverage as opposed to crazy high leverage. Since most of the time opportunities appear differently on different assets.
When we talk about the services and facilities that traders can benefit from with LimeFx, then, in that aspect, it’s an excellent choice. The best trading features and several trading opportunities in various trading instruments make it the best. LimeFx is generally regarded as one of the market’s most flexible Forex trading systems. This is due to the fact that there are many trading platforms accessible.
The broker lists an impressive variety of well-documented account types that cover nearly all trading styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.
Is LimeFx Scam or Legit?
While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that LimeFx is not a scam, read our trader reviews and check other popular trading related websites and forums. LimeFx offers a demo account so you can try the LimeFx platform with virtual trading before you put down a payment. The demo account is a great opportunity to practice strategies and become familiar with the platform with their demo account option. Scam Helpers found that LimeFx got negative customer reviews and ratings on all other sites, and also got low trust scores among users.
- Please feel free to reach out to us at any time, and we’ll be more than happy to assist you.
- You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
- There is also an online platform available for LimeFx clients that does not require installation.
- Hello Avirup,
Thank you for highlighting our commitment to education and the valuable resources we provide to traders.
- I am really impressed with the variety of accounts and think it is very advantageous how you can choose depending on what matters the most to you, whether that be low spreads or no commission fee.
It is critical to note that excessive leverage carries a significant financial risk and should be performed only by those with extensive business expertise. The broker’s website contains a wealth of educational material, which you can gain access to by registering for an account. Customer Support at LimeFx Brokerage is available 24 hours a day, seven days a week. Traders can reach out to them via phone, live chat, and email. When discussing the maximum rating, there isn’t much to dive into regarding LimeFx.com.
trading conditions are quite nice
As part of our LimeFx review, we review customer service options, response times and problem resolution effectiveness on the LimeFx trading platform. No requotes can provide LimeFx traders with greater confidence and peace of mind when trading on the LimeFx platform. It’s worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of LimeFx trades. When using LimeFx, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded.
Limit Risk When Trading with LimeFx Stop Loss, LimeFx Stop Limit Orders
Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. LimeFx offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. Social and copy trading options are limited, with no dedicated third-party platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. The website Trader’s Dashboard shows the positioning of other clients, updated hourly, but account holders will need to use Metatrader’s limited social functionality to take advantage of the information. LimeFx provides a demo account that enables individuals to explore trading before investing their funds.
LimeFx withdrawal and funding methods
Our review will be concise but to the point; however, please feel free to contribute with your experience. Given its status as a highly authoritative website with a longstanding online reputation, it comes as no surprise that our VLDTR® tool has assigned it a 100 rating. This rating indicates that the business is for the time being Safe. Though there are such claims by many retail traders, according to most of the LimeFx reviews you can rely on this broker.
Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features. A trader can easily open their trading accounts and enjoy LimeFx services. As the commission is zero for trading with the broker and the spreads are low compared to other brokers. It is not a hoax, and traders can invest with the new financial market broker for 2022. The regulatory body ensures the security of funds, money laundering prevention, and data security.
We also ensure all reviews are published without moderation. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Hello Pankhania,We’re sorry to hear about your negative limefx website experience, and we take your feedback seriously. We kindly ask you to reply to our Find Reviewer request on Trustpilot so we can identify you in our system and investigate this matter further.
When it comes to online trading with brokers like LimeFx,
carefully review LimeFx as your broker can make or break your success. Choosing the right broker is essential to ensure your LimeFx investments grow and flourish. However, beware of fake and unreliable brokers lurking in the shadows, waiting to take advantage of unsuspecting traders. As a result, selecting the right trading platform like LimeFx requires a deep understanding of the market, trading strategies, and platform functionality.
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Your one step can save you and other people from being cheated by such brokers. Any moneymaking promises in the financial market come with a risk. Some brokers will attempt to let you know that their financier can assist you with turning ensured benefits when you utilize their platform. Additionally, if you want your fund safety, they have also some schemes for both individuals and teams. It means if LimeFx breaks any commitment to the retailers they’ve to compensate the loss. According to this scheme, trader accounts are protected up to 50,000 pounds and the maximum amount of compensation is 20,000 euros.
And if you are a non-English speaker, you can also be hassle free because the official site of LimeFx is multilingual and supports dozens of languages. The broker does not charge interest for transfers, but also does not pay a commission payment systems. According to the regulations, funds to the https://limefx.biz/ accounts of clients are received within 5 days. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments.
The broker opens client accounts in Bermuda, UK, Cyprus, South Africa and Australia. In this review, we will consider what the LimeFx.com platform is and whether this project is a scam. You can trade spot metals with no currency exposure, some of the most competitive spreads and industry leading trading conditions.
It’s not that big if you have a working trading algorithm. Run away of this fraudulet company, they will stole your deposit and make trades without your authorization like they did to me, lost 350€, please report it to the authorityes in your country. LimeFx has everything a proper broker needs to have across the board. From all the trading equpment in terms of assets, instruments, indicators, education.