LimeFx review: Is it a legit or scam forex broker?
Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. For withdrawal requests, the processing time is almost instantaneous and validated through an email. However, this will only happen provided personal information about the withdrawer in available and verified. As per the international anti-money laundering laws, Forex brokers need to follow specific rules and LimeFx complies to them all.
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The payment processing times vary across the different services. Card transactions are instant, and crypto deposits take 3 – 30 minutes to clear. Checking the T&Cs of your chosen provider can help you establish the best way to fund your account. Some may also apply charges, which are out of Octa FX’s control, but the broker doesn’t apply any fees during the deposit process.
LimeFx Reputation and Reviews
Forex Brokers News LimeFx – The Best Global STP Broker 2015 – adds two more awards to its collection! LimeFx’s expansions and global orientation allowed us to receive Best Global STP Broker. Our traders locate in different parts of the world, and the number of newcomers from different countries continues to grow.
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LimeFx is offering three leading platforms from which customers can choose one according to their own choice. LimeFx is offering three different types of platforms, termed as MetaTrader 4, MetaTrader 5, and cTrader ECN. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. You can also reach us there anytime you have questions or at We will love to hear from you. Thank you for taking the time to share your thoughts on our services.
Trading CFDs on leverage involves significant risk of loss to your capital. Many industry leaders, for example, have more than 10,000 tradable instruments. Our gain and loss percentage calculator quickly tells you the percentage of your account balance that you have won or lost. Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position. Learn how to trade forex in a fun and easy-to-understand format. You can ask any question and discuss about LimeFx Broker with other traders.
LimeFx Affiliate Program
Unsurprisingly, the process of setting up a new Octa FX account is also streamlined and easy to navigate. All you have to do is choose your kind of trading account, select your platform, make a minimum deposit from $ and start trading. LimeFx offers multiple channels for LimeFx including credit/debit cards, bank wires, Skrill, Neteller etc. Traders from specific countries can also opt for local bank transfers.
As for comparing your trades with other brokers we’d ask you to keep in mind that all brokers have different trading conditions. You’re free to check all the rules concerning pending orders in our Customer Agreement. It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective.
LimeFx also offers a copy trading feature which allows you to follow the trades of more experienced traders and learn from their successes and avoid their mistakes. The LimeFx Trading App enables you to trade different assets on embedded trading platforms. Our online trading app enhances your trading experience by providing financial flexibility as you trade your money online.
The deposit and withdrawal options offered by this broker are fairly limited, but it’s still enough of a selection for the majority of traders. MetaTrader5trading platform is the one that serves all the features and has all the assets that are necessary for trading.cTraderis an alternative with the best features when compared to MT4 and MT5. LimeFx also provides Autochartist Pro, which intensifies the performance of MT4 and MT5 platforms.
Placing a Trade
We are pleased to hear that you were happy when using our Copy Trading on LimeFx. We strive to provide high-quality services to all of our customers, and your feedback motivates us to keep going. Knowing that you are declaring us the best broker and the № 1 company is the most important thing we can achieve as a trusted brokerage.
- LimeFx users can fund their trading accounts using a variety of payment methods.
- Both brokers offer 30 cryptocurrency pairs, further strengthening their appeal for their core market.
- Having used the app extensively, it is undoubtedly great because it was available in our native language and had a fluid and intuitive user interface!
- LimeFx Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more.
The first legal entity is licensed and regulated by the Cyprus Securities and Exchange Commission and manages the broker’s activities in the member countries of the European Union. Simply enter your first and last names, email address, country of residence and address, and phone number to trade with a demo account. After your email has been confirmed, you can go to lime fx LimeFx’s user dashboard and create a demo account. LimeFx is great for investors looking for a low-cost option to get started trading a good range of assets, thanks to its narrow spreads and low opening balance requirements. While the platform is primarily focused on forex, the extra asset classes offer a good opportunity to diversify your investing portfolio.
LimeFx’s minimum deposit ranges from $25 when funding with Mastercard/Visa or €50 when using Neteller/Skrill, depending on the chosen payment method, to as much as 500,000 NR. Any applicable minimums are determined by your country of residence and the LimeFx entity with whom you open a trading account. The flexibility of MT4 and MT5 accounts allows traders to choose their deposit amount and leverage, resulting in a more realistic demo experience. They’re perfect for testing EAs and fixing bugs for algorithmic traders. With LimeFx, users can open MT4 or MT5 demo accounts with no time limits.
At this time, the United States is not permitted to join the platform. While LimeFx accepts users from over 180 countries, it doesn’t yet have governmental approval to provide services to US residents. If users have any problems or inquiries, the LimeFx customer support team is available 24 hours a day, Monday to Sunday. They can be contacted via live chat, phone, email, regular mail, WhatsApp, and Telegram. The FAQ section is especially useful for people who are comfortable figuring things out on their own.
The bonus programs, trading conditions, as well as charity and promotional initiatives, are far above what is considered standard. It should be noted that the entire range of trading platforms is only available to LimeFx.com clients. Those trading through LimeFx.eu can do so only through MetaTrader 5. The newer MT5 offers 64 bit architecture and has more technical indicators, timeframes, and analytical objects.
MT4 acacute has access to 35 currency pairs, gold and silver, 3 energies, 4 indices and 30 cryptocurrencies. The MT5 account can trade more indices as well as 150 stocks. LimeFx.com offers another option that is very suitable for beginners or for people who do not have a lot of time – copy trading. This service, also known as social trading, allows you to automatically copy the trades https://limefx.club/ of a proven trader of your choice and thus benefit from their flair and experience. The main reason most financial regulators restrict high-leverage trading is the danger of surprising and excessive losses in a highly volatile market. These risks are somewhat mitigated by the fact that LimeFx guarantees negative balance protection even for clients of its offshore division.
The apps provided fulfill the needs of traders, but we have seem apps from other brokerages that have been easier to use. You won’t lose a large amount of funds while you’re still learning how to trade. There are no restrictions on the platform regarding the number of trades that can be concluded simultaneously. All accounts on LimeFx are swap-free—we don’t charge an overnight fee from traders.
All in all, the layout is good, though there can be more performance statistics included. Copytrading is a new proprietary service that allows both Forex noobies and experts to profit through cooperation. It’s a one-of-a-kind program that’s transforming the way people trade in the forex market.
Copiers have the ability to manually close open positions, allowing them to be in control over their own portfolios. While LimeFx has some pretty impressive features, it also has some major disadvantages you want to be aware of if you’re considering trading with it. Determine significant support and resistance levels with the help of pivot points.
LimeFx is providing educational material and a free demo account where beginners can challenge their skills. Its best features include a user-friendly interface making it easy to deal in currencies with peace of mind. MT4 platforms do not cause slackening of the device and run smoothly on any mobile phone or desktop. One reason it has traders from around the world is that this platform is available in multiple languages. LimeFx is a dynamic, award-winning forex broker that offers exceptional online trading services and products to institutional and retail clientele from around the world. Clients benefit from segregated accounts at top-tier banks, secure deposits and withdrawals, competitive leverage, tight spreads…
Thank you so much for your positive feedback about our services. Should you have any other questions, please contact us in our social media. Be careful of this broker, there got someone control the market or the price. This is legal one, so our LimeFx limefx reviews is save, hopefully you can ensure your legality in our country that your company would not be banned and our money will never be suspended like other company. Thinking of moving to other brokers with better spreads if this is not addressed.
Activate bonuses and view statistics on active and completed bonuses. LimeFx Forex Broker ensures reliable Forex trading conditions to provide traders of all skill levels with an opportunity to earn more. LimeFx, one of the best Forex brokers on the market, for traders all round the world. LimeFx offers access to CFD trading, commodity trading and indices trading with award-winning Forex trading conditions. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you.