LimeFx Review in 2023 Is LimeFx a Scam FX Broker ️️️️

There are plenty of funding methods available at LimeFx, including bank cards, wire transfers, e-wallets such as Skrill and Neteller, plus alternative online payment methods like Rapid Transfer. You will be exposed to a high risk of loss regarding leverage and margin-based trading. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account.

  • But what this broker has is debugged in work, like the most accurate mechanism.
  • The forex trading market must meet strict financial standards that include capital adequacy requirements as per its regulations.
  • LimeFx has several advantages that may be of interest to a wide range of private investors.First of all it is scalping opportunity.
  • These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices.
  • However, this is not a unique feature and something that you will find most brokers provide nowadays.

The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. The LimeFx loyalty program offers its members lucrative bonuses and benefits. LimeFx’s loyalty program is not your typical loyalty program, and it does not offer the standard reward points that are earned for every dollar spent. Instead, LimeFx offers its members different rewards depending on how often they trade. LimeFx MetaTrader manages multiple accounts for you, and expert Advisors are compatible with this tool. Accessing the platform straight from the website is a great option for users with MacOS.

How much time will it take to withdraw money via bank transfer?

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.

  • Discuss the financial markets with a few brokers and put the right foot forward.
  • The second one is crossed-pair which consists of an exchange rate between two currencies (e.g., EUR/USD).
  • It also includes an economic news feed and a detailed trade history.
  • With a total of 20 available methods for deposits and withdrawals, the broker ensures that clients worldwide can top up their accounts hassle-free.
  • Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive.

In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4. Trade currencies, metals, energies, indices and cryptos with flexible leverage. 24/5 customer support is available to assist new clients while the MT4 platform comes with free tutorials and user guides. LimeFx offers leading fees compared to alternatives with spreads as low as 0.0 pips and $0 commission.

Are LimeFx safe?

LimeFx traders can navigate the platform and find the information they need to make informed trading decisions. Autochartist on the LimeFx platform is a powerful tool designed to help traders find trading opportunities quickly and easily. After logging into your LimeFx account, you’ll find a range of trading platform options limefx company reviews available below. LimeFx also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. LimeFx is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5. To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.

It is the best broker with license number, great market orders, and an institutional-level support team to guide you. LimeFx app provides you with comfort as you can avail the features and trading strategy from anywhere on your phone. LimeFx’s commitment to providing an ECN – STP model enables our clients to experience an unparalleled level of transparency and efficiency in forex trading. Our unwavering focus on customer support and educational empowerment underscores our resolve to foster a conducive and informed trading ecosystem for our clients.

From the business

LimeFx offers Forex trading, CFD trading, and Share Dealing trading. Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose. It is important to note that LimeFx may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the LimeFx platform and features immediately. However, you must pass the verification process to start live trading with LimeFx, which can take up to a few business days.

LimeFx Metatrader Mobile Application Features

LimeFx occasionally introduces other bonuses and promotions, which have included a $50 LimeFx no deposit bonus or annual interest on free margin. LimeFx offers traders the core MT4 trading platform without third-party upgrades. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs.

Throughout our comprehensive LimeFx review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. However, remember that you won’t be able to make trades on LimeFx until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the LimeFx KYC compliance process as soon as possible to avoid any delays in accessing the LimeFx platform’s features.

Top LimeFx Features

It is now estimated that there will be only enough renewable energy sources to meet about 30% of global demand by 2050. That’s why it’s so important to understand how trading works in this sector and what impacts it has on society. Currencies that use cryptography to prevent counterfeiting and fraudulent transactions. They are based on an open-source computer protocol that is not managed by any bank or government. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website.

Of course, I had little difficulty, but broker’s representatives helped me to deal with them. Withdrawal fees are the amount charged by a trading platform for withdrawing funds from an account. Trading platforms usually charge a withdrawal fee to discourage users from withdrawing funds after losing money with them. The general price environment is reasonable, ranking in the middle among worldwide rivals.

We are committed to provide transparency in trading and keeping your funds safe

Brokers like LimeFx must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. LimeFx is a global trading platform in the sense that it operates
in 194 countries
including nations in
Africa, Asia, Oceania, and Europe. Major countries LimeFx covers include
the UK, Germany,
South Africa,
Thailand, the United States China and Australia. We aim to provide you with all the information in this LimeFx review you need to determine if LimeFx is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LimeFx, so you can make a more informed decision and compare other brokers against LimeFx.

It’s recommended that you check the LimeFx website before signing up. If you decide to close your LimeFx account, it’s important to do so with the LimeFx broker customer support and obtain confirmation that no remaining LimeFx fees are due. A minimum deposit is the minimum amount of money required by LimeFx to open a new online brokerage account with them. You can sign up for a demo account to acquaint yourself with LimeFx platform.

Instead, your LimeFx funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with LimeFx. Also LimeFx is regulated in its local jurisdictions including major financial regulators like Cyprus Securities and Exchange Commission (CySEC). I began trading recently and I started with some questionable broker that often took too much time to withdraw my funds, didn’t answer my questions at support service and was doubtful by itself. I didn’t know it could be a better place because I was a beginner.Later I found LimeFx and switched to this broker in one day. Besides all the features like trading platform and amount of assets, I mostly like it is a regulated one.

As a result, selecting the right trading platform like LimeFx requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like LimeFx available, each with unique features, fees, and regulations. Whether your new or an experienced trader, a risk-free demo account is a great way to experience the benefits of ECN trading with LimeFx. You can practice your forex trading skills or test new strategies without making a financial commitment. Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading.

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