LimeFx Review 2021 Pros and Cons Uncovered

If you have good connection, LimeFx withdrawal usually takes only 1 minute. LimeFx minimum deposit is not required for Standard account. Spread is from 0.3 pip for most of the main currency pairs. Currently, LimeFx does not provide any bonus programs as it is not in line with LimeFx’ core ideological values. Some kind of reward may be provided from time to time based on certain campaign conditions.

  • This will serve as your base capital in your trading activities.
  • So, choosing brokers that support them in their mother languages is the best option.
  • Some custom-made options available on LimeFx Platforms are Trader mobile app, LimeFx Trader mobile app, Social Trading mobile app, and LimeFx Terminal online trading platform.
  • We have checked with our payments team and your withdrawal of 500 USD was successful and sent to you on the 22nd of March.
  • The client’s account funds invested for trading are separated from the company’s funds, thus ensuring that the funds are safe and not at risk.

It ensures traders can have a competitive edge, generating more profits from existing strategies versus more expensive brokers. LimeFx also has excellent order and volume statistics, confirming a cutting-edge trading environment and infrastructure. Since the beginning of 2021, LimeFx has decided to waive overnight fees for trading gold, stock and crypto CFDs on their platform.

LimeFx Ltd is licensed and regulated by the Seychelles Financial Services Authority with license number SD025. Features an affiliate program that will entitle you to a certain commission on putting LimeFx’ banners on your website. The following are the promotions currently on offer at LimeFx.

LimeFx has a minimum deposit of 1 USD with their Standard Account types. Traders can choose to open ‘Standard Cent’ MT4 account or scammed by limefx ‘Standard’ MT5 Account. Their minimum deposit with Pro Accounts is 500 USD, but the spread is much lower with these account types.

Is a Securities Intermediary authorized and regulated by the Central Bank of Curaçao and Sint Maarten with license number 0003LSI. We rate the Central Bank of Curaçao and Sint Maarten as Tier-3 regulator. LimeFx Ltd is authorized and regulated by the Seychelles Financial Services Authority with license number SD025.

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LimeFx is a well-regulated broker, with licenses from the Cyprus Securities and Exchange Commission and the Financial Conduct Authority in the UK. The broker also maintains segregated client accounts, ensuring that client funds are kept separate from the broker’s operational funds. The LimeFx Group is an established brokerage offering trading on forex, metals, cryptocurrencies, energies, indices, stocks and commodities.

LimeFx forex brokers reviews

👉 Rebates are paiddailyto the selected referred clients who have closed any trades within the last 24 hours. 👉 Most traders tend to ignore the impact of the time of day that they trade. However, traders who are active during periods of less volatility tend to be more profitable than traders who trade during periods of high volatility. The LimeFx Group’s website has been translated into 18 languages, and customer service is provided 24 hours a day, seven days a week in 13 different languages. Share free knowledge and experiences on Forex LimeFx, provide an impartial evaluation of reputable Forex brokers worldwide.

Most forex brokers offer apps on iOS & Android, but that does not mean that all of them are good, as there are many differences to watch out for. Retail forex trading in Nigeria is mostly online via mobile or desktop, and you can quickly download the app of anyforex broker to your phone and start trading currencies. With its in-house webinars, this broker offers useful trading information to both beginner and experienced traders.

We test the broker’s platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money. Different regulators provide different levels of protection. For example, LimeFx clients in the United Kingdom benefit from the oversight of the FCA. The FCA requires that clients have negative balance protection, which means they cannot lose more than their deposit. Client funds must be held in segregated accounts, which are protected in case a broker goes bankrupt. The app also has real-time market news and analysis, giving traders access to up-to-date market insights and an economic calendar to help traders make informed decisions.

👉 You should only risk 2% or less of your trading account on each trade. This will ensure that you can survive any losing streak while minimizing the drawdown on your trading account. 👉 The lot sizes you trade should be proportionate to the amount you are willing to risk on each trade, which is directly related to the size of your account and your risk appetite. 👉 Expert Advisors be used to automate trading on the LimeFx MT5 platform by analysing market quotations and executing trades on the financial markets. 👉 The Professional Account is reserved for traders with the most advanced knowledge of financial markets.

LimeFx Review 2023

Metatrade is probably the best trading platform for technical traders. But overall, for this account type, their commissions per lot for trade is higher than other brokers . There is no limit on maximum volume can trade in this account. LimeFx focuses heavily on Forex trading by offering over 120 currency pairs – from majors over minors and exotics. The only other financial instruments available for trading are CFDs on gold and silver .

LimeFx forex brokers reviews

Today, a large amount of traders have chosen LimeFx as their trusted broker, with their professional trading environment and support service. The company is also proud sponsor of the football team Real Madrid and their star player Cristiano Ronaldo. LimeFx does not levy internal deposit or withdrawal fees and processes most withdrawal requests to e-wallets within seconds, but it may take up to 24 hours. Bank wires can take up to three business days, and credit/debit card withdrawals up to five days.

The broker offers a wide range of assets, including Forex, Crypto, Metals, Energies, and more, to its clients. The award-winning broker also has a variety of account types that will suit every trader’s individual needs. LimeFx has some positive features that differ from the norm. For example, there are no inactivity fees, no deposit or withdrawal fees, and instant withdrawals in many cases. LimeFx has a transparent price history by providing tick-level data across all instruments.

Is LimeFx good for beginners?

LimeFx does offer periodic competitions and profitable events. LimeFx is licensed and regulated by multiple leading international governing bodies, allowing LimeFx clients to trade with financial security. And I lost some trades and found out that anytime you are in loss they manipulate the spreads to increase it form 300 to as far as 700 points …. Truth truth I though I was the only one experiencing that ……. The last time if I wasn’t monitoring my trades I would have lost my account ….. Gold Spot with a sl set it went through my stop loss 1000 points against me and my stop was triggered so I recorded it ….

Also, we found LimeFx takes an active role in social life, as well as acting as an honored sponsorship partner with various organizations. Alike, LimeFx was proudly sponsoring world’s number one football team, Real Madrid, and the best football player alive, Cristiano Ronaldo. has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. Happen exactly same for me at least 20 time in the row is it coincidence. The largest MT-server hosting broker in the world with over 70+ locations, LimeFx boasts fast and reliable execution in less than 25 milliseconds.

You just need to put the details of your data in the boxes and then click calculate. If you are a new trader or want to check out the service of LimeFx, you may open up an LimeFx demo account before jumping into the paid accounts. Although the contract page lists five different account types, it offers two core account types, and they have a different subcategory of these two account types. The analytical tools from MetaTrader 4 will also keep you ahead in the game. It offers 23 analytical objects along with 30 built-in indicators. These tools and indicators can help the traders to respond promptly to any market movements.

LimeFx forex brokers reviews

On their homepage there is hardly any material that can benefit novice or experienced traders. Educational material about Forex and the markets in general is missing as well as tutorials or eBooks on trading platforms or trading tools for example. Minimum deposits range from $1 – 2,000 and customers can choose from a massive amount of more than 80 account currency options. However, only currencies, gold and silver can be traded on the LimeFx platform.

Noteworthy, the broker practically did not provide a functionality for data analysis. In particular, the website does not have any automatic signal generation system, which has long become a part of ‘basic package’ for brokers. This type of account is suitable mainly for beginners, whose initial deposit is lower than $200. The spreads on this account are the highest of all, which is why there is pretty much not much sense in using it in other cases.

Currently, LimeFx offers four different liquidity sources. As a result, with a Zero account, customers get better, more consistent ECN quotations from LimeFx. The spread is extremely modest, with major currency pairs having a spread of less than one pip. LimeFx Standard is an account that is ideal for everyone. Approximately 80% of traders in LimeFx open this category of account.

Negative Balance Protection

LimeFx Group witht its presence in various countries and established offices is always regulated by necessary local authorities. Thus, the broker permitted to provide financial products or services within its activity via International trading proposal. LimeFx is a Forex Broker brand name of the global brokerage firm that delivers its services through three main offices in Seychelles, BVI and South Africa.

Desktop Platforms

To change the language of the MT4 app, you must change the language for your entire phone. As with desktop and web, the interface could be more intuitive, but the MT4 app offers an above-average range of features. LimeFx mobile limefx forex brokers reviews app offers various deposit and withdrawal methods which include local instant bank transfer, credit card, bank wire and E-Wallet. Alternative methods available include Skrill, Neteller, Bitcoin and Perfect Money.

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