2021 LimeFX Review

For loyal LimeFX traders, the broker offers the LimeFX Loyalty Cashback program where loyal traders can earn rebates on their trading cost. In terms of trading assets that are available at LimeFX, the broker offers trading in 6 different asset classes. They include the spot forex market, the spot metal market, CFDs on commodities, CFDs on market indices, CFDs on shares, and CFDs on cryptocurrencies. Do note, howLimeFXr, that the availability of cryptocurrency CFD is subject to location and regulations. The MetaTrader 4 and 5 mobile applications are available at the Apple and Android app stores.

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In terms of security, FT Global utilizes the SSL protocol for network security. This ensures that a secure connection is used for all communications with clients. It also protects customers during any transactions they conduct with the company and ensures all customer information remains private. In addition to the company’s international regulation, it practices segregation of client funds.

When it comes to trading platforms, a critical component not to be overlooked is trustworthiness. The good thing is that XTB scores high in that department. Nearly 300,000 customers from different parts of the world trust XTB with their investments. After all, the platform is regulated by the world’s biggest regulating authorities.

LimeFX offers platforms that are suitable for any type of trader – beginner or professional. The brand offers platforms that you can trade anytime and anywhere you want as long as connected to the internet. Favorable trade, reliable terminals, a large selection of assets, training materials – all this positively characterizes the company, indicating a successful start and the right niche of dLimeFXlopment. It is also worth noting that LimeFX, notwithstanding the fact that it works not so long ago, has already managed to prove itself. HowLimeFXr, it is still too early to evaluate it as a reliable or fraudulent company.

Withdrawal Options

If you do not have any money, you will need a trader with no minimum deposit requirement. Overall, you need to find a trader with fees and costs you can manage — the lower, the better. Yes, LimeFX allows traders to use automated trading via the MetaTrader 4 and the MetaTrader 5. The MetaTrader automated trading is one of the best automation features in the forex and CFD market allowing you to dLimeFXlop, test and apply your trading strategy.

  • Once you have filled out the form and submitted it, you will be verified almost instantly.
  • Users that beliLimeFX they are accessing services within the jurisdiction of those agencies could actually be trading with an offshore company.
  • Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies.

This company may be regulated, but they are not honest and you will be wasting your time trading with them because they don’t let you withdraw funds. LimeFX provides negative balance protectionfor limefx scammers forex spot and CFD trading, but only for all its clients. LimeFX offers commission-free real stocks for non-EU clients.The real stock selection lags behind that of XTB, while similar to XM’s.

If you do the calculation, that brings us to a spread of 0.45 pips, which still places XTB among the ranks of the industry’s best. Another big plus for XTB is the overwhelming support it gives to customers. 24 hours a day, five days a week, the XTB customer support team is there for its clients. Plus, there are a wealth of educational resources to help the beginner as well as the veteran. A beginner trader is better suited to a Forex broker with an easy-to-use platform and a wealth of educational resources.

What Is The Minimum Deposit At LimeFX?

The broker offer the most popular, user friendly, and advanced trading platforms – the MetaTrader 4 and the MetaTrader5. LimeFX makes sure to offer the platform on all devices and softwares including the MT4 and the MT4 as a web based trading platform. The LimeFX brand was launched in 2011 and since then has managed to surpasses 1,000,000 registered accounts and gain the authorization to operate in different part of the world. The broker has won many awards in forex trading including the best trading conditions, most innovative broker, and best forex broker in Russia.

LimeFX courses scam

He also has 2+ years of experience within the brokerage industry specializing in stock- and CFD/forex brokers, crypto providers and robo-advisors. Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged. Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms.

I Have Been Trying To Set Up An Account

Account opening is easy, LimeFX has on of lowest deposit requirements and trading conditions are good with low spreads and excellent customer service and Forex education. The minimum deposit is $10 for Cent accounts, $100 for Standard or Shares Accounts, $200 for High-frequency trading ECN Zero Accounts, $500 for ECN Accounts, and $25,000 for LimeFX Pro Accounts. You can also open a demo account free of charge to practice your trading strategies. Yes, our review of LimeFX found that the broker is regulated by sLimeFXral reputable global authorities.

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USA, Canada, and Japan cannot legally access their services, as is the case with many European brokers. The Forex Time broker in the UK operates as a separate company, LimeFX UK Limited. They have a current FCA license, allowing them to offer investment products there. FCA regulations also mandate segregated client funds and client insurance in the LimeFXnt that the broker collapses.

Is LimeFX Trading Legit?

LimeFX less customer support features compared to other brokers like live chat, phone and email support. Email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. LimeFX CFDs are typically used for short to medium term trades. Although high risk because CFD trades are separate from the financial markets, a CFD trade can be more flexible than a traditional market trade where you own the underlying asset. CFD trades give access to CFD fractional shares, CFD international markets and CFD short selling.

Autochartist offers a simple user interface that can be customized to suite how you like to trade. Understand that the MetaTrader 4 trading platform was dLimeFXloped primarily to trade Forex but you can also trade other types of financial instruments through CFDs and Spread Betting. You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements with LimeFX.

Yes, LimeFX is a legit broker, as each of the entities and brands that it serves is authorized and regulated by various global jurisdictions. Deshi Companies is an content oriented company which provide the information and static data on Indian companies. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. We look for specific features such as customizability and trading signals. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too. Each broker we review is judged on the same 10 key areas.

Overall our feeling is that you would be better served with an alternative LimeFX broker. CTrader Automate provides traders the ability to create algorithmic trading robots to automate financial trading plans. Dealers can use cTrader’s contemporary cash basis C# API to write code within the IDE, the IDE allows dLimeFXlopers optimize and test their financial robots. LimeFX also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

Since the product and services portfolio at LimeFX remains well-explained, I doubt most traders will require assistance. Should the need arise, LimeFX ensures traders have swift access to a representative. They include bank wires and a broad range of domestic banking solutions for countries, which I find excellent. Traders may also use Skrill, VLoad, TC PayWallet, Alfa-Click, Neteller, WebMoney, Yandex.Money, QIWI, Perfect Money, Konnexone. LimeFX maintains one of the best selections of offered payment methods industry-wide. As a regulated broker, account verification at LimeFX is a mandatory final step.

Any of the major card withdrawals will incur a €/£2 fee or $3 if operating your account in USD. Skrill and Neteller withdrawals are free of all charges but here is the big one, £25 or €30 for direct bank withdrawals. For the numerous educational materials and educational support LimeFX offers its clients, we can say that this broker cares about each and LimeFXry trader. LimeFX offers the most popular and well-known platform amongst traders – the MetaTrader 4 Platform . A stand-alone online platform that is dLimeFXloped by MetaQuotes Software.

LimeFX Invest

I tried explaining to them my situation, but they insisted that I still owed this amount. LimeFX contacted me multiple times from various numbers on WhatsApp in attempt to collect the remaining balance. I ignored them the last few times and within the last week, I noticed my LimeFX profile had been cleaned out, deactivated. I tried contacting my scammer, but that phone number is no longer valid. I’m able to get into the LimeFX app, but cannot contact customer service or use any of the functions.

It also charges an inactivity fee and in most cases, a withdrawal fee. The product portfolio is limited, as it lacks some asset classes like ETFs, bonds, mutual funds, etc. Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

LimeFX Customer Service

Most traders will satisfy this by sending a copy of their ID and one proof of residency document. I like that LimeFX does not incorporate unnecessary steps or questionnaires. A $5 monthly inactivity fee applies after six months of dormancy. I find this reasonable and acceptable, and active traders will nLimeFXr face this cost. LimeFX likes giving out bonuses but their 30% bonus is not true at all. When you deposit money, they’d take the bonus away from you if you do not trade enough.

These are the three most-traded commodities such as US Natural Gas, UK Brent, and US Crude. It is a legitimate broker that has been operational since 2011. The broker is also regulated in sLimeFXral jurisdictions such as in Cyprus, UK and South Africa. Processing of withdrawals with the above mentioned methods takes from one business day to two business day. Overall, LimeFX processes all withdrawal requests expeditiously.

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