LimeFx broker reviews: LimeFx Review Detailed Broker Analysis

LimeFx broker reviews
LimeFx broker reviews

With trading being one of the best earning options for people these days there are a lot of platforms offering their services. Traders willing to deposit at least $5,000 gain access to the Gold Account. This one covers rather similar features to the Silver one, with the difference that the Gold account offers 1-on-1 support, a dealing room limefx official site direct line as well as analysis insights. L Station, the Mobile trading platform of the brokerage, features superb compatibility. It covers all Android and iOS-based mobile devices, as well as Windows Mobile and Blackberries. Other than the attractive trading conditions, the broker also offers decent leverage and unmatched liquidity.

LimeFx broker reviews

But, as always, we advise, make sure to read the regulations attentively and never sign up using an offshore-only authorized broker . For your safety & security, we only list Forex and CFD providers that are regulated. EAs work best when they are coupled https://limefx.group/ with a VPS service that allows them to run even when the computer of the trader is turned off. In addition to integrated charting, the platform features integrated support and news feeds. The corporate backer of the brokerage is a company known as A.N.

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As one of the good advantages, the broker offers low spreads on almost all trading instruments with the lowest spreads for FX pairs starting from 0.6 pips. CySEC, FCA and BaFin, with the main objective to enhance financial transparency and offer greater client protection. Its trading conditions are lime fx among the tightest spreads in the market, starting from only 0.6 pips. Throughout the past year and a half our service has evolved. It is of our best interest to satisfy the needs of our traders, but it is also important to provide them with value which would make them better in their venture.

LimeFx broker reviews

Each account comes with favorable trading conditions, and are available services. However, a higher grade accounts will come with additional advantages. The Trading Academy provides education for beginners and advanced traders alike.

You can deposit and withdraw using crypto

The company is one of Spain’s largest domestic operators of holiday resorts and the 17th biggest hotel chain worldwide. Domestically in Spain the company is the market leader in… Altria makes and sells smokeable tobacco products like cigarettes and cigars and oral products like chewing tobacco and nicotine pouches. The addictive properties of nicotine have made Altria a controversial but consistent company. The company’s robust business model generates enough yearly cash to sustain a dividend-yielding 7.9%.

LimeFx broker reviews

Once completed, the account will be verified, and traders can proceed to start trading. The forex trader will be redirected to the area where they must provide a copy of their identity document and proof of residential address. In addition, traders must also upload a photo of their credit/debit card before making the initial deposit, verifying that the card is in their name.

International Deposit options include Visa, Neteller, Skrill, and Wire Transfer. All Legacy FX withdrawal requests submitted – regardless of the withdrawal method chosen – will be processed within 3-5 business days. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. As So Called Account manger makes 10% or more on our deposit. All their trades has commission, they do not care if you lose or win.

How many days do deposits take with LimeFx?

Most importantly, we want to help you make a success of it. Since starting up in 2010, we’ve connected hundreds of thousands of readers to the right forex trading platform for their needs. After thorough analysis of the different opportunities that this broker presents, we found that the broker performs above average and is safe for trading. The broker is authorised by top-category financial watchdogs. Their Metatrader 5 suite provides a safe way to kickstart your trading business in 2023. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups.

How long does LimeFx withdrawal take?

Once a withdrawal / refund request is submitted, it can take up to three business days to process the request. Once the request has been approved, please allow an additional 5-7 days for the funds to appear in your account.

Comparebrokers.co needs to review the security of your connection before proceeding. They will suck you dry and leave the account with a big fat $0 balance in no time and take off with your money. As far as regulations are concerned, the broker is regulated by the CySEC. LimeFx makes multiple International and Country-Specific deposit options available.

Overview of Trading Platforms

They execute strategies defined by traders, in a manner specified by traders, without outside intervention. The same thing goes for the EAs, which are some of the most valued assets of MT5. Through such custom scripts and expert advisors, traders can set up their trading methods to a point where their direct intervention is hardly needed.

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I was thinking of opening account with them but now i will not. Their reviews at forecpeacyarmy.com is also very bad and mostly people are complaining. When you make the first deposit, they will even tell you that the first 5 trades are protected. Trade Forex and CFDs with the MetaTrader 5 web platform without installing or downloading any software application.

TradeATF Minimum Deposit

Main tool and a very powerful one in the LimeFx business strategy is – education, which attracts new traders and gives a great opportunity for both parties. Fixed spreads are around 3 pips for EUR/USD with the Silver account. Although the broker is not regulated by the local regulator, traders from South Africa can still register under the broker’s international entities and get exposure to the broker’s proposal. In simple words, it means the broker fully establishes its business according to necessary laws and principles of operation, eventually dedicated to protecting clients and enabling market integrity. Our Ranked LimeFx Trust Score is 8.9 out 0f 10 for good reputation and service over the years, also reliable license and serving regulated entities in each region it operates. The only point is International trading available via the offshore entity.

What is the minimum deposit for LimeFx?

The minimum first deposit depends on your account type – the equivalent of $500 for a Silver Account, $5,000 for a Gold and $25,000 for a Platinum Account. Is there a deposit/withdrawal fee? Legacy FX does not charge any deposit or withdrawal fees.

This is why we shifted the focus not on trading suggestions but rather on an educational program provided by our team of experienced Senior Account Managers. Yes, LimeFx offers online support to forex traders through its live chat function, which can be accessed 24 hours a day, five days a week. Additionally, CySEC regulatory standards fully conform to those of theEuropean MiFIDdirective which allows LimeFx to offer its services in the EEA zone and even beyond. The primary goal in MiFID is to contribute to creating a more integrated, more efficient and deeper the creation of a growing capital market as well as enhancing the protection of investors. But, this type of regulation doesn’t allow LimeFx provide its services to brokers whose business is not controlled. While everything seems great until now, there is only one problem and that is finding the right platform.

It is an interest-free or swap-free account for those who due to religious reasons, are not able to trade on accounts that incur interest or swaps. But, account holders can still avail the advantages of all Account Types provided by LimeFx and their identical spreads and trading conditions. In regards to trading platforms, LimeFx offers a full range of options, from mobile and web traders all the way to MT4 – the top choice of the industry in this regard. LimeFx offers a variable spread structure with no commissions across all their account types.

The platform is available as a desktop client, lightweight mobile version, and mobile app. Beginner traders without existing MT4 solutions will not miss MT4, and I like that LimeFx offers the Autochartist plugin for deposits above $1,000. MT5 has a built-in copy trading service and full support for algorithmic trading but notably trails MT4 in both categories. I find the seven account types at LimeFx unnecessarily complex. Equity trading, which I find the best offer at LimeFx, requires a minimum deposit of $3,000, while access to the direct dealing desk is available from $5,000.

It can add up to hundreds or thousands in saved trading costs. Justin is an active trader with more than 20-years’ industry experience of working for big banks and hedge funds. He has an inside knowledge of how the financial markets work, thanks to roles including trader on a $750m Event-Arbitrage desk and CRO and COO of hedge funds running a variety of strategies. From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. During our testing of Live Chat, we found the service to be high quality.

We are pleased to see that our clients take advantage of our education and assistance and successfully learn to navigate the sometimes stormy but fruitful waters of trading. No, LimeFx does not offer forex traders with a VIP bonus. To withdraw, forex traders can log into their client portal and select “Withdrawal” from the main dashboard.

Is LimeFx a trusted broker?

LimeFx is considered high-risk, with an overall Trust Score of 66 out of 99. LimeFx is not publicly traded and does not operate a bank. LimeFx is authorised by zero tier-1 regulators (high trust) and one tier-2 regulator (average trust).

It is crucial for us to know what clients like and dislike about our service so we could improve. We are flattered by Your kind words, and we are even happier that Your trading experience have been positive! We could not be happier that You managed to find our services useful and take advantage of all our benefits to help You grow as a trader. The technical figure Triangle can be found in the daily chart in the Spanish company Meliá Hotels International, S.A.

  • Here, find a comprehensive LimeFx review and also learn whether it is safe to trade with the broker or not.
  • Most remain ultra-short, just enough to introduce the topic without providing really deep insights.
  • When it comes to online trading, security is paramount to understanding that your capital is secured and protected by the law and regulations.

Forex traders must note that reimbursements for deposited funds will only be returned in the way they were received, whenever possible. Once selected, traders are requested to complete a withdrawal request and ensure that they provide the correct information. In terms of security, LimeFx is well-regulated and uses strict SSL protocols to ensure that clients and their data are kept safe while they trade. LimeFx keeps all client funds in segregated accounts top-rated banks and ensures that funds are not used for operational purposes. The Social Trading section offered by LimeFx covers social trading in detail, allowing traders to explore a plethora of trading opportunities.

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