LimeFx scam or legit: LimeFx Review Is LimeFx Scam or Legit?

LimeFx scam or legit
LimeFx scam or legit

They have a current FCA license, allowing them to offer LimeFx products there. FCA regulations also mandate segregated client funds and client insurance in the event that the broker collapses. The FCA is widely regarded as one of the top financial regulators in the world. ForexTime provides technical and trading support as well, exclusive privileges for VIP clients, and makes it easy to open accounts. As mentioned before, more than 90 percent of the feedback from clients regarding ForexTime is positive.

We found Forex spread much lower than the industry average, and spreads for other instruments are very attractive too. LimeFx Fees are ranked average with an overall rating of 8.8 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our findings of fees and pricing in the table below, however, LimeFx overall fees are considered good.

Web trading platform

We believed anything happen at least gave a good reason not things like you can’t do anything n those are trusted by your company ? Within 12 hour losses 1600 n live chat 3 time with the same answer but not one will try to contact. Even others platform gave a good explanation n some return the losses fund because of the mistake by fund manager limefx . Totally disappointed of the way on it , definitely won’t be recommended to anyone who put their trust n everything to a company that doesn’t responsibility on it . My experience- signing up, verification, deposit and withdrawal- has been a pleasant one. I opened an account, traded and made withdrawal- these experience were seamless.

Their spreads and commissions are also better than other brokers.my fund manager is also in regular touch with me and try to solve my all the issue immediately. He is very efficient in their behavior and very soft spoken. I am proud to have a healthy trading experience with LimeFx and hope they continue to be efficient and take care of their clients in the future.Thanks with great experience LimeFx. LimeFx do a great job in facilitating the offering of several different account types to traders.

The LimeFx copy trading platform LimeFx Invest is also offered in this category and provides a high quality choice for those who wish to engage in copy trading through the broker. The broker also offers a range of ECN accounts which are available starting from a much lower spread, in some cases from 0 pips, though a commission starting at $2 per lot traded is applied. If you are a more experienced, or high volume trader, then an ECN account type may be the right choice for you.

Cash App fraud: 10 common scams to watch out for – We Live Security

Cash App fraud: 10 common scams to watch out for.

Posted: Wed, 27 Jul 2022 07:00:00 GMT [source]

You also get real-time interactive charts, all trade orders available, all execution methods available, multiple chart types, and full control of your trading account. It has spreads from 0.1, a SWAP-free option, and the same currency options as well. Scalping and hedging are allowed and the commissions start at just $4. This type of account is also https://limefx.group/ available with LimeFx Invest. ForexTime offers an solid trading platform based on MetaTrader 4 and 5 and offers a wide range of trading instruments including Forex, CFDs for Indices & Commodities, Spot Metals and Shares CFDs. Additionally word, each bonus program applies specified phrases and situations on the way it must be used or accessed.

LimeFx Customer Support

With this app, there is no need for any other platform as it is complete. All standard accounts offer instant executions while ECN accounts offer market executions. The MT5 platform is not available for ‘cent’ and ‘shares’ accounts. Commissions are only charged on the ECN account and ForexTime Pro Account. Demo accounts are always available at no costs to the clients. We are glad you are enjoying your trading experience with LimeFx.

  • It is meant for brokers who have been in the forex market for quite some time and traders who are still trying to find ways and means to improve their efficiency.
  • The European clients are protected by the Financial Service Compensation Scheme .
  • The slippage graph shows that most LimeFx clients get to take advantage of positive slippage while enjoying reduced negative slippage.
  • CySEC covers €20,000 or 90% of investor’s claim per person per firm, in case of broker bankruptcy.

It’s very easy to navigate and beginners friendly interface. This platform on forextime is available in 30 languages. However, you can download on your PC, Mac, mobile and tablet, allowing you to trade from anywhere in the world. MetaTrader5 is for professional traders, use the knowledge base before investing. We are sorry to hear of this situation, gerald but please be assured that LimeFx is on ‘your’ side and we process successful withdrawals for our 4 million+ clients on a daily basis.

LimeFx rewards loyal customers with cash rebates that can be withdrawn. The quarterly outlook is a 3-month forecast of the financial markets as presented by LimeFx’s analysts. It is available to registered clients as a downloadable pdf document. LimeFx is regulated in various countries where it operates. LimeFx is authorized and regulated by the CySEC in Cyprus and other European regions. The global brand () is operated by Exinity Ltd which is regulated by the Financial Service Commission of the Republic of Mauritius.

LimeFx main highlights

LimeFx is an award-winning premier global exchange broker that provides traders with the ability to trade CFDs and Forex on a global platform. It uses the latest technology and highly sophisticated mathematical limefx forex broker algorithms to give its customers excellent results. Exinity Group has announced that it has obtained a license from Kenya’s Capital Markets Authority to operate as a regulated non-dealing forex broker.

LimeFx scam or legit

Therefore you’ll all the time have entry to your account at private comfort. But, it’s best to all the time seek the advice of with customer support and ensure information, as varied jurisdictions might apply barely completely different guidelines. Additionally, give it some days for the cost supplier to course of the transaction that additionally relying on specific worldwide or supplier guidelines. From the second you submit and ensure the request to withdraw cash out of your account the accounting division of LimeFx sometimes processed and ensure withdrawal inside 2 enterprise days. Benefit Plus Account – companion account with zero fee , and spreads from 1.5 pips.

OK broker

Similarly to the web trading platform,LimeFx provides only a one-step login. After you download the MT4 mobile trading platform, you have to access the LimeFx server, e.g. The withdrawal fee varies based on your country of residence, the method you use, and the currency you make the withdrawal in. You can choose from bank transfer, credit card, and electronic wallets for withdrawal. You can use the same electronic wallets as for depositing, except Alfa-Click, Western Union Quick Pay, and Dotpay. In the review, we have tested theECNandStock CFDs MT4 accounts.

They are available in EUR cents, GB pence, USD cents, or NGN kobo. They feature Cent Lots and have a minimum deposit of just 5 EUR/USD/GBP. You can view specific information for forex, spot metals, CFD US shares, spot commodities, stock trading, spot indices. You will see information such as minimum or typical spreads, pip values, swaps, and trading sessions.

The last two of these figures include profitable and unprofitable trades separately. It is a copy trading program that relies on cutting-edge technology. This lets you use your forex skills to earn additional capital.

LimeFx scam or legit

Also, to improve transparency and to enhance awareness. LimeFx shares its performance statistics on its website to deliver transparency and show potential clients what they can expect from the broker. Its user-friendly features are cutting-edge, and they will have access to all of the major trading instruments. They will also get automated trading via Expert Advisors, and support for multiple currencies and languages. You can have up to 100 orders or pending orders with this account type. This type of account has a margin call at 40 percent and a stop out at 20 percent.

Whether you’re an experienced trader or completely new to it, we’re here to help you find freedom in the financial markets. The group’s global network of offices and regulations spans Europe, Africa, Asia and Latin America, and we have already attracted over 3 million clients across 180 countries. Wow the comments are really not that good, but in my experience, it is a good broker, low and quite stable spreads and low commission. I have nothing trouble with funds things, for people who can’t withdraw money, you may asked to submit some documents for verification.

This is the best broker you can trade

Please do get in touch with us at any time if you need any assistance. It is the beginning of the second quarter of the year, which means it’s time for the quarterly reports with the unprofitability percentage from the forex brokers. Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites.

It is the only forex trading company that can give you that money, wealth you have craved to have but yet little time spent with no work done. In the beginning i was sceptic, as i was scammed a lot. Just make sure when you pick a broker, to check out his trading days, P/L daily, etc. Rising demand for Forex, trading and LimeFxs itself, however, attracts numerous… Concluding the LimeFx review, we admit that LimeFx gives quality trading potential for both beginners and experienced traders or investors and LimeFx is one of the leaders in Forex Trading.

There are also methods for withdrawing funds, but some incur fees while others do not, as shown below. Using Neteller and Skrill for withdrawals is commission-free. From the client portal area of My LimeFx, you can easily make deposits and withdrawals. We found that FLimeFx withdrawal options are widely available including bank transfers, e-wallets, and cards.

In 2018, positive slippage got as high as 85.82 percent in March. Negative slippage got as low as 14.18 percent in the same month. As mentioned, ForexTime works with WebTrader for MT4 and MT5. This lets you access the markets on a PC or Mac without the need to download any software.

bad experience

To trade stocks with LimeFx, you need an LimeFx Pro MT5 Account. This will give you spreads from 0 pips, the fastest execution, and your choice of mini, macro, or standard lots. LimeFx prices are Charges are primarily constructed into a ramification additionally outlined by the account kind you employ. As well as, it’s best to all the time contemplate different charges like non-trading charges, withdrawal charges which we’ll see intimately additional.

Leave a Reply

Your email address will not be published. Required fields are marked *

Cookie Consent Banner by Real Cookie Banner