LimeFx broker reviews
LimeFx broker reviews

However, there are restrictions to traders from the U.S., Belgium, and Switzerland. LimeFx was established in 2015 by a group of investors with years of market experience who were seeking a synergy of modern technology and their years of trading experience. At the time of writing, no major regulator has https://limefx.name/ warned against or fined LimeFx or the owning/operating company. We are constantly monitoring for this type of activity and we will update our review if necessary. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. LimeFx offers what not all brokers are able to offer.

  • The platforms will let you all the freedom you need to trade better.
  • MT4 trader – Clients who prefer the MT4 trading platform can also access LimeFx via that platform.
  • You will always lose and there are no wins with LimeFx.
  • LimeFx has a choice of two main trading platforms, available for desktop, web and mobile.

It is not uncommon for new brokers to base their operations in exotic locations and Nicosia is indeed a unique place for setting up a Forex brokerage. Since LimeFx is regulated by the CySEC, the company has all the required authorizations to carry out FX operations in the European Economic Area. Charting and analysis go hand in hand to become successful in trading. FXTB has left no stone unturned to provide assistance in all forms whether in the form of technical or theatrical. It provides a series of trading education in various forms.

Despite all the shake-ups in the market, my account is alive and well, which is no small merit of the broker. Actually, that’s why I decided to leave this review. In general, it should be noted that LimeFx has developed in order during this time.

Company activitySee all

Namely, Forex TB has no live chat and offers only e-mail, phone line, and an online request form on their website. The request form requires you also to leave your contact details to the broker, which can be a good thing but also exhausting. Live chat became essential, and we would suggest the broker to introduce a live chat section for easier communication with clients. Forex TB supports the market-leading MetaTrader4 as well as its in-house xStation . XStation is customizable and easy-to-use multi-functional software.

LimeFx broker reviews

Based on the answers you provided in your previous questionnaire, you are not eligible to become a professional client. If there is an update in your status, you can update the questionnaire answers accordingly and you can be reconsidered. Most of our customers find it easier to upload these documents using their mobile phones.

You are unable to access tradersunion.com

Also, if you don’t have the need to download a huge number of infiсators and other technical analysis tools, then any platform will suit you. The website features an impressive selection of over 270 financial assets that continue to grow. LimeFx is one of my favorite brokers that is managed and operated by Forex TB Limited, a Cyprus based LimeFx company. However, there are restrictions for traders from the USA, Belgium and Switzerland. They allow trading some really neat stocks’ CFDs that other CFD brokers don’t always offer to trade.

First, it’s regulated by cySEC – a well-known watchdog. So, it means that this company can’t be a scam and it’s the number one news for those seeking reliability in trading. I quit my previous company because of dissatisfaction with the execution. I chose LimeFx because the reviews on LimeFx are the most positive. I have been trading for three weeks now and I am very satisfied. I`ve always had the problem with “no price” with a previous broker, then I just sit and watch while a profitable order goes down in the red and wait till it comes back.

LimeFx is not your average Forex broker, but it is one of the very small companies that strive to achieve a name for themselves. The company does not have any ludicrous features that might make it a hit among retail traders; therefore, it will take some effort for the company to become established in this industry. You can deposit funds into your LimeFx account using a credit card, bank wire transfer or e-wallet. There are no broker levied fees on deposits, but your payment processor may impose a charge on the transfer. Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an LimeFx recommendation and serve to clarify the market mechanisms.

LimeFx broker reviews

I switched to trading in real only when I was already confident in my abilities. On the short one there are many questions to any broker, on the long one there is no longer anything to draw, everything is at your hands. CySEC provided regulatory cover for a large number of binary options scam brokers limefx as well as for some forex broker scams that stole large amounts of money from their clients. I can’t say that I traded a lot with this broker – just three months, but on the other hand, I traded very intensively for this period. I traded about ten hours a day on average during that period.

FXTB Awards and Recognition

A Basic account requires a $250 deposit, while a VIP account requires a shocking $250,000. In addition to the tried and true MetaTrader 4, the broker also offers an in-house platform that they call xStation. Their platform is available in both browser and mobile app form. Much like the other broker in their family, PatronFX, LimeFx has somewhat decent trading offerings. The broker has over 250 assets available in total, between both forex and CFDs. The Fprex TB customer suport can be reached through several methods including email, telephone, as well as a contact form.

LimeFx broker reviews

The platform features one-click trading, the ability to trade directly from the charts, and is equipped with a number of technical analysis tools and advanced charting packages. Unfortunately, traders don’t get a bonus or any other rewards for opening a LimeFx account, which might feel like an oversight. In reality, the lack of a bonus allows the limefx official site company to perform better by concentrating on refining their services. The lack of a bonus also helps traders to withdraw their profits without satisfying any conditions, which is one of the primary reasons behind trader-broker disputes. LimeFx is a lesser known Forex broker situated in Nicosia, which is the largest city in the island of Cyprus.

Its well-thought layout encourages to trade actively no matter what you chose because it’s very easy to navigate through assets here. I see for the first time when cryptos are denominated in the British Pound. I want to deposit more funds to open more crypto trades. Afterall, they all move quite predictably – they just follow Bitcoin, but I currently don’t have enough margin to open as many crypto trades as I want. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs.

I chose LimeFx

LimeFx allows users who prefer to download an application to trade on-the-go. The mobile software is available for both Android and IOS users and can be downloaded from their respective app stores. It supports full features of the broker – account registration, deposits, withdrawals, technical and financial analysis, and live market updates. The seamless user experience means that traders can take advantage of the market with ease and at their discretion. The platform also offers technical analysis tools, drawings, and technical indicators, so it ticks all the boxes for advanced traders as well. And if you really want to go all out, LimeFx offers Meta Trader 4, which is an industry standard and widely regarded as the best trading platform of the last decade.

I chose this broker to trade indices

I’m only grateful that I finally got what’s mine from them. The information about the LimeFx review is limited and no scoring was provided. Therefore, we cannot address LimeFx as a reliable or scam forex broker. For AtoZ’s Reliable Forex Brokers listing you may check our AtoZ Approved Brokers. There are various deposit options available when it comes to funding your LimeFx account. You can use a credit card, bank wire transfer or e-wallet transfer.

All legal documents, risk warnings, and disclosures can be found at the LimeFx website, on the legal page, which is linked from the home page’s footer. Documents there include details of the firm’s terms and conditions, client protections, complaints procedures, and other important information. FXTB MetaTrader 4One of the most common day trading forex trading platforms is MetaTrader4 with a highly customizable data-rich environment, customers of all skill levels can trade effectively.

But the minimum deposit is pegged at $100,000 and spreads at 1.6. Traders can access to lessons, daily news, four daily TC SMS alerts, three monthly free withdrawals, and a 100% margin call. Gold account – A gold account has a minimum deposit amount of $25,000, and spreads can be as low as 2 pips. Traders on this account have access to lessons, daily SMS alerts, daily news, 100% margin call, and one monthly free withdrawal. The Patron Web-based platform – LimeFx web-based platform is proprietary and is hosted on its website.

The trading process is normal, without unpleasant surprises. Basic account – The basic account has a minimum deposit of $250, and spreads as low as 2.5 pips. The account also comes with lesson, daily TC SMS alert, 100% margin call, one free withdrawal, daily news, etc. LimeFx offers traders a large number of tradable assets. Traders have access to CFDs on forex pairs, indexes, stocks, commodities such as gold, silver, crude oil and so on. The website lists an impressive array of over 300 financial assets, which is still growing.

It is processed within 24 business hours after the withdrawal is successfully initiated. The status of withdrawal can be checked from the banking section tab in the account. Trade more than 6,000 markets without commissions and professional platforms. Are you looking for a trusted broker to invest your money?

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