LimeFX Review ️ Is LimeFX A Scam Or Legit ️

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There are more integrations for it and more trading communities know how to develop on it. We would suggest the MT4 unless you have to trade assets that are not available on it. As you can probably tell, this is the upgraded version of the MT4 platform. LimeFX also gives their Standard and True ECN traders the choice of the MT5 platform. The MT5 allows you to trade the single stock equities as well as the crypto assets.

  • We are committed to the fair handling of reviews and posts regardless of such relations.
  • Seven experts host them in English, Spanish, Chinese, Portuguese and Thai.
  • There are no inactivity, deposit or account fees.
  • We viewed the live spread for Forex, indices and commodities at two different times of the day – around 8 am and 2 pm London time on 19 October 2021.
  • I can say that they’re very fast to help me.
  • There are no fees to either make a deposit or a withdrawal; however, you should consider other expenses that you may incur.

Finally, the LimeFX staff has a great deal of expertise in the forex business to know what traders want and need. The broker is a good option for large-volume traders, EA traders, and scalpers that want to avoid dealing desks and price manipulation. Trader orders are connected to the market through fiber-optic connections via servers in Data Centers in London and New York. The broker is a respectable and well-established online trading brokerage headquartered in Sydney, Australia, regulated by the Australian Securities and Investments Commission. Very slow withdrawal and unfriendly customer service. Slow withdrawals and worst customer service.

Spread: 0 0 Pips Eurusd

Other special features include the number of platforms and their availability on mobile. While some bonuses offer a match deposit bonus or a welcome bonus to encourage you to open an account, there is no such bonus with LimeFX. The is not so unusual now as many brokers don’t offer rewards. This website may have financial affiliations with some of the brands and companies mentioned on this website. Information found on Herald Sheets represents those of writers quoted.

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Beginners will find the web platform the easiest to use but there will still be a learning curve. LimeFX trading fees are very competitive and better than the industry average. The Forex and Stock fees were great, while the Commodity fees were just in line with the industry average. As LimeFX was founded in 2007 they provide strong stability. Understanding a broker’s strengths and weaknesses is crucial when you come to trade forex and CFDs. FX Empire’s proprietary rating system was developed for exactly this purpose.

I requested for total closure of my account and so I have withdrawn my remaining money. It’s been 2 weeks now and I still don’t have my money. Worst I can’t log in to my account anymore and I can’t get through customer service. CTrader has a very intuitive design that ensures high-speed execution is possible.

Again! Another Fca Warning Against LimeFX

They are quite positive and the developers are responsive. This allows you to build your own unique trading indicators in a universally known programming language. LimeFX Forex Broker Review: Can You Trust It or Not You can also leverage the cTrader developer network to help you code your own indicators and algorithms. The coding language has also been updated to MQL5.

We answer all of these questions and more by providing a detailed and comprehensive review for you. The clients of LimeFX could use the most popular forex platform in the world. For those who want something else, the broker offers C Trader, again with the same excellent trading conditions. Like most of the brokers, LimeFX offers 24/7 multi-language customer support with OK quality. There are many offices in different places so there is good global coverage. Maybe it is not so important, but it is good to mention that the support lines are free.

Overall, LimeFX trading platforms are excellent. You can choose any of them, and they will be fit for your trading style. You are also free to try out demo accounts so that you’ll get a feel for each platform. It is suitable bitfinex for beginner traders and experienced traders as well. The platform has a high rating in the trust. As discussed before, LimeFX is one of the largest forex brokers with more than 50 currency pairs available to trade.

International Capital Markets

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFX offers a suite of three trading platforms suitable for web-based and mobile trading that can be used across all devices. While none of them is a proprietary trading platform, traders are left with the choice of trading with the third-party platforms. The following details of these platforms will give you an idea of how you can get the best desktop and mobile trading experience.

LimeFX scam

Overall, we appreciate LimeFX for its quality and efficient customer service, which is key to its successful and trustworthy relationship with the traders. In LimeFX reviews, the email support seemed to work comparatively better than live chat and we received relevant answers to our queries within 24 hours on the site. We found its live chat feature the most convenient way to seek help and understand the risks, but sadly it is let down by its low-quality service and slow response time.

Lower Fees, Lower Costs?

Im very satisfied with the LimeFX platform. The support is great, deposits and withdrawals are quick. LimeFX ranks among the best brokers for scalping due to tight spreads, deep liquidity, excellent execution speed, and high leverage. LimeFX presents beginner traders with a fantastic educational platform. I recommend new traders begin with the video tutorials and then the 10-lessons Getting Started trading course. Another excellent service is webinars at LimeFX.

They have so many good things to offer. They always make it hard for me to request withdrawals. They ask for so many documents over and over again. Customer service is not even trained to assist clients effectively. They are very unresponsive and sometimes rude.

Next, you need to submit your financial information and trading history. The verification is completed by sending a copy of your proof of identity and residency documents. Forex trading is often sold to newbie traders as the absolute dream. The reality is that this couldn’t be further from the truth.

Platform Types

A forex glossary and ‘FAQ’ page are also available. The LimeFX website also features a market analysis blog. ReportScamOnline now considers LimeFX to be operating an online scam. We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. The required LimeFX minimum deposit is $200 for all account types.

LimeFX scam

It shines with 1,659 equity CFDs and 25 index CFDs, offering traders an excellent selection. Completing the available markets are 22 commodity CFDs, eleven bond CFDs, and four bond CFDs. Overall, LimeFX maintains a well-balanced choice of trading instruments. There is so much to gain from LimeFX trading platform that oftentimes traders doubt all this to be true. But our LimeFX review of the site approves the legitimacy of the platform and affirms that it is quite safe for making investments and trades.

On the other hand, we experienced a slight improvement in the last few months. LimeFX has a great mobile trading platform, we really liked the design and the user-friendly features that are easy to find. Similarly to the web trading platform, LimeFX offers MetaTrader 4 as its mobile trading platform.

This is a great offering covering all the major markets across all the different asset classes. Many retail brokers would not offer bonds as it is not heavily traded by retail traders but mainly professionals. Beginner traders will enjoy the simplicity of the web platform.

You can create an account and deposit money easily. However, withdrawal is a different story it will take a lot of follow-ups and a long wait before you will receive it. Withdrawals are very slow and customer service are not attentive to customer needs. Bad services, slow withdrawals, and slow withdrawals.

This broker pays for profit however the payout is really very slow and there are so many things to consider with so many requirements as well. Get the latest economy news, trading news, and Forex news on Finance Brokerage. Check out our comprehensive trading education and list of best Forex brokers list here. Financial regulation If you are interested in following the latest news on the topic, please follow Finance Brokerage on Google News. Do you still dubious about whether you should start with LimeFX? Now let us continue our LimeFX Review and maybe, we’ll be able to entice you with this wonderful broker even more.

Does LimeFX Have Negative Balance Protection?

These innovations facilitate the trading process for traders while giving them a top-notch user interface. Opening a live trading account with LimeFX is simple. The very first thing to do on the road to open a live account is to navigate to LimeFX website. On the homepage click on the Start Trading button which is going to lead you to the application form.

Each of these accounts has unique offerings that make them suitable for different kinds of traders. The cTrader account lets you trade using the cTrader trading platform , while the Raw and Standard accounts let you use the MetaTrader platforms. First of all, before starting your trading, we want you to know that LimeFX is one of the most renowned Forex CFD providers.

Categories: Forex Reviews

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