With this review and after reading all the negative and positive LimeFx reviews, we found that this broker is not regulated and might be a potential scam broker. To avoid these scams, we provide a list of scam brokers 2023 on our website. We include the name of LimeFx here because it is not a legit broker. For fledgling brokers or clueless clients, LimeFx will appear as a genuine investment opportunity for unsuspecting users and novice traders. A genuine investment provides the broker with an excellent opportunity to earn a profit if they make the right decisions. We have done profound exploration, looked at various brokers and trading conditions, and prepared a comprehensive list of scam brokers 2023 to aid your decision-making.
This is not something exclusive to this broker, you will find most have a demo account available. This way you may confront some reviews claiming delays in withdrawals. If there are still delays, the client limefx reviews support team makes sure to resolve them as soon as possible. LimeFx is one of the leading Forex and CFD brokers, offering a diverse variety of trading instruments across Web and MetaTrader 4 platforms.
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To find out whether the broker is a scam or legit, let’s analyse the LimeFx review and then have a point of view of the brokerage firm. Spreads have been further reduced https://limefx.name/ to 0.2 pips and re-set. Thus, the main distinction between Premium and VIP accounts is the spread level. Their Premium edition requires a one-time payment of $2,500.
- You should take the security of your personal information seriously and check SSL encryption is enabled on the LimeFx trading platform to protect you on PC and mobile LimeFx platforms.
- LimeFx does not offer trading services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea.
- The team is so effective and their response time is down to only seconds.
- LimeFx has a quite comprehensive forex blog which is updated regularly.I really like to read some fundamental reviews of the assets there.
LimeFx have grade A support rating because LimeFx offer over three languages. Like other brokers, LimeFx margin requirements can differ depending on the traded instrument. 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. It goes against our guidelines to offer incentives for reviews.
LimeFx Review: Scam or Legit?
It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors. LimeFx requires a minimum deposit of 500 GBP/USD/EUR when opening an LimeFx trading account. 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. 😊🚀 Gaining experience on a demo account is a smart way to start. Keep learning and practicing with LimeFx, and soon you’ll be ready to earn real income.
By partnering with a trustworthy broker like LimeFx, you can enjoy peace of mind and focus on your trading activities. If LimeFx violate any regulatory rules their regulated status could be stripped. With MT4 you can trade with spreads from 0 pips and use advanced trading signals and features.
LimeFx is ideal for novices, since their website has a substantial part dedicated to trader education. They are dedicated to offering their clients transparent and secure services. As a result, LimeFx is a legitimate broker that follows all legislation and ensures the traders’ safety. It is clear from LimeFx review that this broker is not right for trading. We unequivocally encourage all traders and investors to keep away from LimeFx and similar brokers. If you really want to trade online, find a broker who is regulated and has trusted and positive reviews.
With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment. You should take the security of your personal information seriously and check SSL encryption is enabled on the LimeFx trading platform to protect you on PC and mobile LimeFx platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using LimeFx web trading platforms.
How to open a trading account with LimeFx?
I realized that they know what they are doing until I was able to mail info@ Techniuttee. Thus, all its work is under proper regulation, and this makes it a legitimate broker without any LimeFx scam operations. Many individuals will pick Meta Trader 4 due to its clarity and intelligence.
The broker has created the LimeFx trading
School which is committed to delivering the
Right tools, educational articles and trading
Strategies to help traders achieve their trading
Goals. Based on the
Premise that great traders are not born but
Made, the trading school sets out to build the
Fundamentals of online trading as well as
Deliver exclusive insights for professional
Traders. We can argue about trading conditions till the end of times, and there will be no conclusion about which broker is offering the best ones. It is a highly subjective thing depending on personal preferences etc. However, one thing that we can easily agree about LimeFx is their commitment to providing the best customer support to their clients by offering them as smooth as possible trading experience. This is evident not only from its responsive support team but also from the services it provides like account types and fast and simple withdrawal procedure.
In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa. LimeFx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues. It depends on account conditions and particular asset, but I saw the tightest spread on XAU/USD equal to 0,35.
Earlier in 2018, LimeFx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. Hello Biren,
We’re thrilled to hear that our educational resources have left such a positive impression on you! Continuous learning is a key aspect of trading success, and we’re here to provide you with the knowledge and clarity you need to excel in your trading journey.
It has a massive prize pool of $500,000, making it one of the most lucrative in the industry. Also, the company offers exceptional trading bonuses to incentivize and encourage new traders. These bonuses come in the form of deposit boosters, providing traders with attractive Forex deposit bonuses to boost their trading experience.
After signing up, you need to send your identity documents and they’ll verify your account. In addition, on the website LimeFx.com there is a blog with an economic calendar, Forex strategiesThe company’s financial news and daily analytics for professionals and beginners alike. In general, the foreign exchange brokerage is regarded to be a reputable company, and this is backed up by the large number of prestigious awards that it has received since being formed back in 2010.
Of course, if you are moving large amounts then you might notice more of a difference. Just make sure you check beforehand any costs you will incur. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. They could improve by adding some crypto payment options but that is not really a deal breaker from my perspective. You can also go ahead and make use of their live chat or even call the company directly so as to test immediacy of response.