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LimeFx Review Is This Unregulated Forex Broker Legit or a Scam?

LimeFx broker reviews
LimeFx broker reviews

We sent messages to LimeFx livechat via their website and app and recieved a response within 20 seconds. Understand the trading resources available with LimeFx, freetrade & LimeFx below. Understand the capabilities of the mobile apps of LimeFx, freetrade & LimeFx below.

Their informative market analysis and helpful customer service have helped me increase my profits, but their platform could be more intuitive. The source of this information is the website and the broker’s trading platform listed in the Web section of this review. The operator of this website does not verify this limefx official site information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

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Yes, traders have the option to convert the demo account into a live account. The spreads are categorized into standard spreads and VIP spreads. On the Standard and Premium accounts spread starts from 2 pips, on the VIP account, spreads, starting from 0.7 pips, and on the CIP account, it starts from 0.1 pips. Brokers’ fees can vary and change, and additional fees may be charged that are not listed in this review. Execution-only brokers, which do not involve in personal LimeFx advice and give traders complete control over how they trade the markets, usually charge lower commissions. Commissions are the charges imposed by an LimeFx broker on a trader for making trades on the trader’s behalf.


In addition, the withdrawn money will be transferred directly to the accounts you use to create deposits. Therefore, if you used a credit card for deposits, the withdrawn money is going to be sent to the cardLimeFx will ask you to offer other withdrawal methods in case your details have changed since your deposit. LimeFx charges a withdrawal fee if you create a bank transfer.

In 2018, the intermediary quit offering double choices exchanging. So on the off chance that you take a gander at LimeFx versus any semblance of FBS, TradersWay, or HotForex, the agent misses the mark. LimeFx offers the MetaTrader 4 stage and a WebTrader elective. MT4 is very much respected for its usability, progressed highlights, and customization choices.

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As for the payment methods, you can choose between Crypto, Crypto Cash, Credit/debit cards, Ethereum, Litecoin, Neteller, PayPal, Perfect Money, Ripple, Skrill, WebMoney and Wire transfer. The customer support is available via Callback, Email, Live chat, Phone and Skype. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.

After being founded in 2013, their client base has increased to 1,000,000+ clients. Of course, there’s absolutely no sure-fire method to ensure profits; therefore, you must carefully assess your agent before you select them. It’s a frequent misconception that all agents will be exactly the same, but that is not correct. Wrong judgment, initially, can set your LimeFxs at risk. The website and content which is provided through it appears very dated and not particularly indicative of a cutting-edge, top Forex broker. LimeFx – LimeFx is a profoundly excellent FX, and CFD merchant was offering numerous exchanging stages.

Desktop Platform

The demo account with LimeFx is free and can be used for a period of 60 days. A forex account is a trading account held by a trader with a company like LimeFx, that is issued with the primary purpose of trading through its platforms. They are pretty quick when it comes to withdraw and deposit, also provide a wide range of options for depositing. When ever i have any question i just contact the support team and they always solve it, regardless of how big or small the problem is.

  • Few mobile trading platforms offer an application which is so accessible that it can be used with dozens of brokers in one application.
  • Click the following link to get more information about the LimeFx promotions.
  • Yes, trading through LimeFx is a pleasant and decent experience indeed.
  • In such a scenario, LimeFx offers the ability to reset a customers account balance to zero.

The other thing that i really like about this broker is the fix spread, so that you shouldnt care about what time you are trading at; then you can trade when ever you are on the mood and it makes you more focused. The brokerage company LimeFx analysis section is also presented in the English language only. The LimeFx offers its clients the recent economic news and the latest technical and fundamental analysis composed of the respected market analysts. Of course, this information will be extremely useful for every trader, but you may need a dictionary to read it. A well-thought-out and detailed economic calendar serves as pleasant and functional service. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.

The minimum deposit that you need to get started on LimeFx is $250. However, ensure you understand how to make the most of your money before investing larger sums. At the time of writing this LimeFx review, and despite LimeFx’s impressive offering, the company has surprisingly not garnered any awards to date. LimeFx is a trading partner which has forged its way successfully into the broker world.

Over the past 10 years, LimeFx has grown into one of the top online brokers available to the public. This LimeFx review contains the latest information about LimeFx. Please note that due to regulations, the content in this review of LimeFx does not apply to users in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America. 6 global branch offices in countries around the world, and customer support is available from many of these in a variety of languages and several forms.

The offer is accessible to genuine cash merchants, and the price can’t surpass $1000. Just check the reward box when you open a record, and the reward will lime fx consequently be credited when you put aside an installment. Note that there is a diminished rundown of money sets accessible with the demo account.

Minimum Deposit Required

An SMS for the verification code will be sent to a mobile phone. You will be required to enter this code to log in to your account. All of the responses from the above methods were within reasonable timeframes and provided answers which were both concise and relevant to the questions asked.

However, it’s worth mentioning that despite good software, you won’t make any profits if your broker is malicious. They can still manipulate you in many ways and refuse to approve your withdrawals. Since we confirmed that the brokerage runs the scheme without proper licensing, it’s safest for you to avoid it. And if you have any information about their operations, don’t hesitate to share it with us.

Trading Hours

This is highly disadvantageous for consumers on these platforms. However, this is much more prevalent in the example of Market Maker brokers who compete with customers on the platform. The agent goes to great lengths to comprehend what traders need. The agent also provides a number of programs for all types of traders.

LimeFx broker reviews

I actually learnt my way around trading working with LimeFx. Im happy to work with them and i have not ran into any problem with them. I did not ever get to try to withdrawal because of this problem but I am sure that they would probably not give you a big amount but allow you to withdrawal small amounts in order to keep you trading.

The level of commissions depends on the asset being traded and the type of service offered by the broker. There is no commission https://limefx.club/ charged for the deposit of funds into the account. To withdraw funds the minimum withdrawal for most e-wallets is $5.

Our experts have talked about all those questions and tried to answer them with the most helpful tips. LimeFx – LimeFx is a famous exchanging specialist offering forex, stocks, cryptos and items. While LimeFx offers an MT4 stage download, low least stores in addition to rewards, it does likewise have various disadvantages. Initially, the fixed spreads are generally high, and the number of tradable items is restricted. Additionally, their seaward status and lacking instructive assets imply the dealer wouldn’t be our best option. At the hour of composing, LimeFx offers customers a half-store reward.

What Can You Trade With LimeFx in 2023?

If you are confident of your knowledge and understanding, you can open an account with LimeFx. The LimeFx phone support team was able to successfully address our questions and issues via phone. We tested the multilingual LimeFx team by calling them in various languages. LimeFx made efforts to ensure that our questions were addressed. We tested communicating through LimeFx support in multiple languages across multiple countries. We tested the live chat on LimeFx and it worked flawlessly.

The first kind of fees to look out for are trading charges. When you make an actual trade, like purchasing a stock or an ETF, you are billed trading charges. In such instances, you’re spending a spread, funding rate, or even a commission. The sorts of trading fees and the rates vary from broker to broker. LimeFx, as a business, has a strong set of rules for ensuring honest trading onto its platform. For information encryption purposes, it provides an industry-standard secure socket layer .