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

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

Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. LimeFX is an online trading broker owned by LimeFX Markets Limited and located at 38 Spyrou Kyprianou Street, CCS BLDG – Office N101, 4154 Limassol, Cyprus. From then on you can go through the various payment options and make your deposit. LimeFX Markets Limited is a Nevis-based business that has been licensed by the Financial Conduct Authority since 2013. LimeFX UK is a London-based firm that has been licensed by the FCA since 2013.

You can open a Micro account with a minimum deposit of $1, which is one of the lowest deposit requirements in the industry. As far as Crypto and STP accounts are concerned, the minimum deposit to be made is $10, while a minimum deposit of $100 is required for an ECN account. In this regard, LimeFX’s offerings are broader than any other broker and have something available for all types of traders. LimeFX Review LimeFX crypto broker review LimeFX online brokerage company based in… Clicktrades Review About the company Clicktrades is an online brokerage company operated…

NewsLimeFX MAKES TICKTRADER AVAILABLE TO ALL CLIENTS AFTER SUCCESSFUL ONE-YEAR TRIAL

Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. With over 5 years of trading with LimeFX i can say that this broker is very much Reliable for me. LimeFX offers TickTrader, MetaTrader 4, and MetaTrader 5. Withdrawals via bank transfer take 1-3 days to reach your account. LimeFX is regulated by three top-tier regulators , guaranteeing a good level of safety for clients. Clients of the offshore entity do not enjoy the same protections.

  • When it comes to trading platform, metatrader 4 is the most important for LimeFX and they have developed versions for micro accounts, STP accounts and ECN accounts.
  • LimeFX offers ECN accounts with very competitive spreads.
  • Different regulators provide different levels of protection.

The funds are credited to Commission Account which is opened automatically for the traders. According to the total used margin on the client’s trading account, the cashback amount will be determined individually. This program fits all trading account types at LimeFX, including ECN, STP, Crypto, and Micro, as well as PAMM accounts. LimeFX is essentially the Forex broker with a portfolio of over 50 currency pairs.

What is the minimum deposit for LimeFX account?

You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! LimeFX has good customer service and a demo account, both important for new traders. Educating yourself on how to trade the financial markets can make the difference between success and failure.

  • The registration process has only a few steps and is hassle-free.
  • Its been about 32 days now since my withdrawal request succeed and I have not seen any credit into my bank account.
  • An STP account on the other hand usually has about a 1 pip spread on the EURUSD, and there is NO commission.
  • TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site.
  • LimeFX have the Fastest Trading Terminals with market depth and have Fast withdrawals.

In such a scenario, LimeFX reserves the right to apply a ten dollar per month until activity on the account resumes or your account balance hits zero. The account will indeed be closed at this limefx point, and you’ll be notified. Both the MT4 and MT5 systems adhere to industry-standard security protocols, such as 128-bit Security Socket Layer authentication and two-factor authentication.

Desktop Platform

Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Withdrawal times for bank wire transfer usually take 1 – 3 business days, whilst cards take 2 – 5 business days.

I have deposited and withdrawn many times also with no issues. Very misleading for someone like me looking of AU PAMM trader to invest in. Will haev to remove the 2k I put into Wallet on there site and move back to Bank or another FX invetment company.. Also, it offers level 2 pricing, ultra-fast trading execution, multiple languages, Live interactive symbol charts, trading history, and more.

North American Markets

The customer support will help you with all this information. You will never be asked about your trading experience on LimeFX Markets Limited. LimeFX holds regulations from two official authorities in Australia and the United Kingdom. As per regulations https://limefx.group/ require, the broker complies with all the rules and market standards providing reliable and convenient trading platforms at the same time. The traders at LimeFX can use multiple industry-leading trading software, terminals, or automated trading robots.

It’s never been easier to trade on the value of cryptocurrencies. Founded in 2003, LimeFX began as an education and research entity that aimed to help traders learn the ins and outs of trading and understand market analytics. In 2005, they started offering broker services and were one of the first in the market to introduce Islamic and micro accounts. Today, they have become industry pioneers and now offer their services to more than 100 countries and serve one million merchants. First things first, when it comes to choosing a decent Forex broker one has to take into account promotional campaigns that the broker runs.

Their support has been slow too, taking about 2 days to reply. Been with this company for 3 years, but I think it’s time to make a switch. I started trading in the Forex markets 2 Years and 4 months back and as a new trader i was looking for help and support. All account offers Hedging, Islamic account, scalping, demo account, and Expert Advisors. The Phone dealing, Market depth with level 2 quotes, news trading, available on Micro, STP, and crypto account.

This gives you a range of live chat options including the likes of Skype, Facebook Messenger, WhatsApp, Viber and more. As well as this, you’ll find an email address that goes straight to the customer support team. Once your account is verified, you can simply log onto the My LimeFX personal area.

LimeFX scam

I have started trading with an STP trading account, and I can say that the execution speed is the fastest I’ve seen. Trading platforms are stable, I’ve experienced minor errors in the past but their technical team gave me immediate support. When it comes to taking money out of my account, there has never been a delay. I am trading with LimeFX for the last 4 years without any problems. I get my profit withdrawals on time and the main advantage that i have with them is VPS Service.

The Virtual Private Server is a virtual computer that an Internet hosting firm sells as a service. Your web hosting company creates a digital layer above the server’s operating system . This layer divides the server into multiple compartments separated by virtual walls, allowing each user to install their own operating system and software. A VPS is actually a private server since it isolates your files from many other customers on the OS level. This implies that your website is housed in a safe box with assured server resources, such as memory, storage space, and CPU cores.

The broker is proud of its fairly earned ASIC and FCA licenses which serve as a reassurance ticket that the company is in good hands. ForexOpen has been licensed since its establishment in 2005 and in 2013 it gained its first FCA license. With low trading costs and advanced tools, LimeFX provides a compelling offering for experienced, active traders and can cater well to algorithmic traders.

The customer service channels provided by LimeFX are available 24/5 and easily accessible and can be found in multiple languages. An online application for an eWallet initiates the account opening process. It may be completed by using an existing social media profile or by submitting an e-mail address and valid phone number.

This is because i like to trade with them as compared to the other brokers. They offer Single Click trading and the lowest spreads in many currency pairs. After the money is in your account, you can start crypto trading.

Trailing stops allow you to secure profits when you are in a winning trade while not having to exit the position. LimeFX offers MetaTrader 4 and MetaTrader 5 for desktop, which includes advanced functions such as copy trading and automated trading. MetaTrader 4 is available in 39 languages, from Arabic to Vietnamese. LimeFX provides clients with the MetaTrader 4 and MetaTrader 5 platforms. Both are feature rich and powerful platforms, earning LimeFX a strong performance in this category. In our trust category, we place the most importance on how a broker is regulated.

An authentic LimeFX account can be opened only on the official website LimeFX.com. I equated this with bribery and said I didn’t want to deal with brokers who convert monetary transactions of clients into an income stream. Needless to say I was charged 20€ for the withdrawal, fortunately I was able to cover all the expenses LimeFX caused with some profits I made trading. I decided to withdraw all funds and close the account saying that I would report the case to forexpeacearmy.

Some of the accounts operate commission-free and provide floating spreads and competitive leverage on products. Furthermore, most of the accounts allow the maximum freedom in choosing the trading style while welcoming scalping, hedging, news trading, and Expert Advisors. Below you can find the detailed description of the real trading accounts at LimeFX.

Account verification is mandatory to comply with KYC/AML regulations. Traders interested in the bonus programs should read the terms and conditions carefully. The Financial Services Regulatory Commission does not regulate this brokerage. CFDs are leveraged products and as such loses may be more than the initial invested capital.

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