LimeFx review: Is it a legit or scam forex broker?

The company’s past and its partners do not reflect any illegal operations such as false claims for aggressive advertising, after all, they are the oldest players in practicing quality service. LimeFx is ideal for traders who demand unquestionable service. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute LimeFx advice. FX Trading Revolution will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information. When choosing a broker, regulation is one of the most important things to consider. I would always prefer to use a regulated broker as they can provide protection in the case something was to go wrong.

LimeFx forex brokers reviews

The LimeFx imposes any minimums or maximum requirements on deposits or withdrawals, but the channels themselves may do so. Once the payment is confirmed, the funds will be limefx company reviews credited to the trading account. The MT4, MT5, and cTrader platforms offer advanced charting, analytical tools, market news, and real-time quotes also push notifications.

Founded way back in 1998, LimeFx has its headquarters in Cyprus with offices in Europe, Central and East Asia. This Global presence allows the broker to be side by side with clients and offer high-quality support with the help of a multinational team. I was pleased to see that the LimeFx have won multiple industry awards over the years for excellent brokerage services. LimeFx offers traders a chance to choose between three popular and reliable platforms.

Profit is cancelled and slip to liquidate

Trading conditions are average compared to other brokers across both accounts, but LimeFx’s non-trading fees are high, including fees for deposits, withdrawals, and inactivity fees. The trading product range includes offering to retail clients or Money Managers as well as Investor programs through PAMM service. Overall, our experts find LimeFx a good and reliable broker with convenient conditions for beginners.

The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFxpanies. The entire responsibility for the contents rests with the contributors and commentators. Reprint of the materials is available only with the permission of the editorial staff. Despite the many positives, I found them to have a very limited number of trading instruments compared to other brokers with no individual stock instruments.

CTrader Copy now replaces cMirror and it can be accessed in the side menu, as an app integrated into cTrader, for added convenience. A wide choice of account types, including both market-maker and ECN-type accounts, plus an Islamic option. The different accounts are easy to understand and transparent from this description.

Does the LimeFx offer a no deposit bonus?

Overall, LimeFx’s CFD offering is limited to other brokers, which may leave more experienced traders dissatisfied. Account Managers take a portion of the profits generated by the trades. The broker provides the provision of LimeFx services and secure trading along with professional indemnity insurance, and in addition, is a member of the Investor Compensation Fund . LimeFx is a very credible trader and prides itself in being among the first to incorporate internet trading to its services.

LimeFx forex brokers reviews

The educational content could perhaps be improved although there is a good offering in terms of frequently update market analysis. I think they can be a decent choice of anyone looking to primarily trade forex but other traders might want to consider an alternative. The broker invites you to take part in video courses where experienced traders teach you the basics of forex trading, terminology and trading instruments of forex market.

LimeFx offers tight spreads starting from 0 pips, low commissions, advanced technical solutions and sophisticated platforms. It should be noted that there will be a mark-up on the fixed spread accounts. All trading styles such as scalping, hedging and use of automated trading robots are allowed. I use automated scalping systems myself, and think the fixed spread accounts are an attractive proposal. However, the spreads aren’t the lowest on this account type but it is worth considering no commission is added on top. At first, starting to trade with FiboGroup, was surprised by the presence of 6 account types how to open is not clear.

Bearish vs Bullish in Trading

This type of trading usually involves price movement speculation via CFDs. Index trading involves a group of global stocks such as NASDAQ, FTSE, German DAX, AEX etc. These indices are measured by the value of certain stock market sections. Algorithmic trading, which allows any trading strategy to be formalised and implemented as an Expert Advisor. Leverage brings vast capabilities and the possibility of higher gains, in case you use tools smartly and do not involve yourself in high risks. Tip — verify in advance, and not when you are going to make the first conclusion.

  • The accounts labeled “NDD” are no dealing desk type accounts, the other accounts are market maker type.
  • LimeFx’s range of instruments for CFD trading is severely limited compared to other brokers, but it offers an extensive range of shares.
  • Most of them are suitable for scalping, which the service provider has nothing against.
  • I have no idea about how traders like to be treated, but I feel quite upset, disappointed and dissatisfied FIBO is the only responsible.
  • However, interested traders may periodically check the website for any updates on the availability of such offers.

Many of you will be pleased to learn LimeFx are sticking with a favorite. MetaQuotes trading platforms MT4 and MT5 are available for real live trading and LimeFx demo accounts. Both these top rated platforms provide you with all the necessary tools and function to make your trading experience seamless and trouble free. The LimeFx has a well-rounded and professional offering for traders looking to trade a wide range of assets, particularly Forex currency pairs and individual shares. DailyLimeFx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.

Customer support is based in Cyprus, but there are dedicated lines and email addresses listed on the LimeFx’s website allowing communication with their offices in Shanghai, Singapore, and Limassol. The LimeFx offers facilities in PAMM, Automated Trading , and even Asset Management. Fill in the required information, including the amount you wish to withdraw and your payment details. This might lead to hesitation among potential users as they are not sure how the process will pan out further.

LimeFx Review

This has become a more and more popular way to trade online for the modern trader. This calendar is customisable according to currency, week, day and events. The economic calendar shows the times and dates of important economic events that are known to have impacts on the national currencies. It also shows the analysts forecasts and compares it with the history. It is available on the LimeFx website and directly in the MT5 trading platform which is more convenient as it saves you from needing to constantly switch between tabs.

LimeFx has among the most advanced trading platforms that enhance the trading experience. This is courtesy of the many features that these platforms come with. Its various trading platforms are the Meta trader4, the Meta trader5, and the Ctrader platform. Spreads and commissions are payable on all trading accounts apart from the MT4 NDD no commission account. Spreads for this account can be wider and start from a minimum of 0.8 pips.

If a profit on the Provider’s account is positive, you will be offered to wait for better market conditions. This will ensure that you enter the market at a price that is not worse than the Provider’s. You can either wait for better market conditions, or, having accepted the corresponding risks, synchronize immediately. Automated trading is trading on the currency market using special programs called robots or advisors. Software solutions automate the process, relieve the trader from time-consuming analysis and increase trading efficiency. Traders can also choose to use MetaTrader 5, the cutting-edge improved trading platform.

Most of them are suitable for scalping, which the service provider has nothing against. A good selection of payment methods are available and it is possible to open an account in EUR, USD, EUR, GBP, and CHF. Payment methods include bank transfers, electronic payments via webmoney systems and the usual credit cards. Although are currently running a free Forex contest “Trader’s Triple Chase” with the chance to win $25,000. In order to participate you will have to open a LimeFx MT4 NDD demo account. The list can be filtered by the account type , ROI percentage, and Timeframe.

They maintain transparent activities and follow high international standards acts. As per the license and regulation they don’t provide service in Iraq, Australia, United States, North Korea, Great Britain, Austria, and Belgium. Soros Forex is funded by an individual who loves trading and promises to provide you with all the required tools to master online trading. For deposits over $5,000 broker gives analytics and news flows provided by the leading information agencies. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.

Добавить комментарий