LimeFx broker reviews: LimeFx Broker review Updated 2022

LimeFx broker reviews
LimeFx broker reviews

When trading stocks, CFDs, or other derivatives, consider whether you understand the function of differential contracts and be aware of the high risk of losing your funds. The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds. The broker also fails to mention any payment methods, processing times for withdrawals and additional withdrawal information. The broker is mediocre at best and there is nothing special about it. From the interface to the trading conditions, everything is below average and you can get a much better experience elsewhere. I started with this broker with demo, after 3 months I started trade live.

The user interface is super easy to use, the customer support is amazing, and their trades are always on point. I highly recommend this trading platform to anyone looking for an affordable solution with a great user experience. LimeFx offers its clients the ability to trade through any internet browser. Traders can utilize the platform on any internet-enabled computer, whether a Windows or Mac device. Through LimeFx’s MT5 WebTrader, clients can trade multiple asset classes, use interactive charts, and access various technical tools and indicators.

Each broker reserves the right to offer their own preferred trading platform. Where some brokers offer a variety of third-party platforms, others prefer offering their own proprietary platforms, if they have one. The minimum deposit required to open a live account is $100, which is low compared to most other brokers in the industry today. It is reputed as the best trading terminal in the forex industry as it offers over 80 indicators, chart management features, and more. LimeFx uses the MT5 trading platform, which is available for mobile devices, web, and desktops.

Available LimeFx Trading Platforms

Additionally, the client agreement only states that withdrawals are processed as soon as possible. Hassle-free customer support is non-negotiable when it comes to online trading. The last thing a trader wants is to wait for hours and never get a response when they need help. According to the broker’s website, clients can get customer supportservices 24/5. The main language of communication is English, but it’s possible to get support in Russian, Vietnamese, Arabic, and Spanish. LimeFx’s clients do not incur deposits or withdrawal commissions from the broker.

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They would have the «Teeth» to force them to treat clients fair and in accordandce to set trading standards. Alpha Trading Group are banking on giving you losing trades i didn’t realise this was a gimmick until the people at mfor.live made me realise i was being ripped off. They also put together a case and got me my deposit from Alpha https://limefx.group/ Trading Group. Forex Industry is the go-to source for information on the forex industry. We publish expert reviews, critical analysis, news, controversies, reg flags, and business news on a daily basis. Our goal is to provide readers with an objective overview of the industry so they can make informed decisions about their LimeFxs.

TRESSIE RICHMOND WOODS at PFS LimeFxS INC. – View Complaints, Disclosures, Scams and Audit Report (Updated

I already spent some time looking for it and then another few to fill the form in, although the form is quite short. As I have mentioned earlier, it’s possible to open a demo account with LimeFx. It is free of charge, but I couldn`t find any information about when the demo account expires. More experienced traders can choose from more setting options . The simplicity of Metatrader 5 guarantees speed, yet the amount of provided information is limited.

  • Clients can access the LimeFx trading platform via web browsers, desktops, or mobile apps .
  • Leverage is a tool which is offered by numerous brokers to traders.
  • This broker is relatively new, it was established in 2016 with its headquarters in Seychelles.
  • The demo account is funded with virtual currency and allows traders full access to the MetaTrader 5 platform.
  • LimeFx does not provide any research on their website, except an Economic Calendar.
  • At first glance, newcomers in the stock market prefer simplicity.

The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff. The broker does not charge any deposit or withdrawal fees but the research and education material is quite limited, although the content is valuable and frequently scammed by limefx updated. I highly recommend LimeFx.com to anyone looking for a reliable trading platform. LimeFx offers their traders one type of live trading account that comes with all the necessary features. Users can also access a free demo account to polish their trading strategies and a swap-free Islamic account.

What can you trade with LimeFx?

If sufficient funds are in the client’s trading account, the inactivity fees can be deducted from there. While the LimeFx inactivity fee is minimal, it’s worth noting that some brokers do not employ such charges within a month of no activity. Like most other shady forex brokers, LimeFx relies on charging various hidden fees to get its revenue.

Brokers may offer traders either with a variety of accounts, with each catering for varying levels of skill, knowledge, and experience, or a single account that can be used. I recently signed up with LimeFx.com and I must say, I am thoroughly impressed. limefx Their platform is easy to use and their customer service is top-notch. I highly recommend LimeFx.com to anyone looking for a great trading experience in Australia. LimeFx.com reviews and comments are a testament to their excellent services.

LimeFx broker reviews

Ideally, a trading platform should be secure, fast, and user-friendly. It should provide all the trading tools or features necessary for traders to succeed. It is user-friendly and provides access to all the necessary features/tools for effective trading.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs, FX or any of our other products work and whether you can afford to take the high risk of losing your money. LimeFx has a decent educational offering, in the form of a free online and chaptered guide available from the broker’s website. Such tools, resources, and materials prove helpful especially for beginner traders who do not yet know how to navigate trading or the markets. The trading platform is the software that traders use to execute their trades.

It says that LimeFx can transfer your money to buyers, which is an undisclosed party. It is better to open a trading account with a regulated broker. On the Internet you will find many brokers that are not regulated and then have trouble getting your money back. It’s been great to see steady growth and I have been able to reap the benefits of a low-fee trading platform.

Web & Desktop Trading Platforms

In comparison with MetaTrader 4, MetaTrader 5 has been significantly improved. It contains more advanced graphs and analytical tools as well as more timeframes including 2 minutes and 8 hours. Needs to review the security of your connection before proceeding.

Users can, therefore, take advantage of the MT5 marketplace to access more resources, for instance, technical indicators, copy trading services, and automated trading strategies. The forex broker has many predatory provisions in its T&Cs, which allow it to steal your funds easily without facing any serious consequences. Furthermore, the license of the broker isn’t very reliable as well because its regulatory authority doesn’t have any strict rules. From the available information, LimeFx offers traders wider asset classes beyond forex. With its quite long history of operations in online financial CFDs trading, it seems to be a relatively good broker.

LimeFx broker reviews

The server operator Almina Corp as is not a registered broker, LimeFx advisor or broker. The information on Trader-magazine.com does not serve as an LimeFx or trading recommendation. Gold can be bought and sold through a range of different LimeFx instruments, and each of them needs to be at least understood.

I really like the service and the…

LimeFx won the second position of the best online broker in a poll carried out by Traders Magazine. This is a good thing as it shows some traders’ confidence in the broker. When making withdrawals, clients must use the same payment methods submitted during signing up or used to make the deposits. One of the best teams there are , amazing lads genuinely want to help you improve your knowledge of forex and become the best trader you can be.

LimeFx broker reviews

This is not so great for European traders who do not speak or understand English, however, only basic understanding of said language should be enough to get to know what is going on. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Today, trading can be enjoyed well, and even this unstable time makes up for it, there are new possibilities and opportunities in the online environment. Forex is always risky, but the less information you have from the broker, the worse.

LimeFx review: Regulations, Platforms, Trading Instruments and Broker Ratings.

Depending on your deposit currency, conversion fees may apply. Traders will have to contact the customer support team in this regard. LimeFx also has a monthly Maintenance Fee of USD 10 for all its current and new trading accounts, and a monthly inactivity fee. They don`t appear to charge deposit or withdrawal fees, although a fee may be charged by the trader’s selected payment processor.