LimeFx Review Forex Brokers Reviews & Ratings

For example, some allow access to stocks and other types of securities, while others limit your LimeFx to more simple purchases like gold or real estate properties. This broker saw the light of the day 11 years ago when it was founded by a group of experienced traders who decided to create a Forex broker service based on their own experience. When traders turn brokers, the advantage is that the broker understands things from the trader’s perspective as well. This provides a basis for a harmonized broker-trader relationship. The company was opened in Auckland, New Zealand, but expanded to the major Forex centers such as the UK and Australia. The broker is proud of its fairly earned ASIC and FCA licenses which serve as a reassurance ticket that the company is in good hands.

LimeFx broker reviews

With its resiliency, LimeFx has managed to become a global brand with a presence in many countries worldwide and still it is expanding. Its expansion has forced it to adapt to limefx scam changes and now has integrated various languages into its website for use by its many clients of different cultures. No commissions are charged at all in this account type.

Why is it important to know where your broker subsidiary (entity) is regulated?

The STP account is the most suitable choice for low-frequency traders, while the ECN account caters to high-frequency traders and professional outlets. Raw spreads for a commission of just $1.0 per lot generates a highly competitive trading environment. New traders will benefit from the Micro account; a unique cryptocurrency account is also available.

  • When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses.
  • What is the purpose to make so many verification while I have a verified account with them!!!.
  • Forex accounts are regarded to be heavily leveraged, which increases the chances of losing more money than you put in.
  • I am recommending him out of experience and i can personally vouch that he is very professional and reliable.
  • This is especially important for active traders who are constantly in and out of the market.

Just watch the market well and when the trend stabilizes and analyze the market well, then you can make the decision to open deals. LimeFx is an online trading platform where you limefx website can trade forex, shares, commodities, indices, cryptocurrencies etc. You will find different trading accounts along with various financial markets on LimeFx markets limited.

LimeFx reviews

The Financial Information Exchange API is a collection of well-defined rules and techniques for transferring financial data electronically. Digital communications standard for actual data exchange for monetary securities transactions is how the industry refers to it. The FIX API allows currency traders to exchange real-time data in a smooth manner.

It was like I was registering a new account all over again. When I was making the deposits, it didnt take them 5 business days to debit my account;it was almost instant, but when it came to withdrawing, they put chains around people’s necks.Too bad. I have forfeited that money knowing that the name”LimeFx” will always ring “Scam” in my ears. In this day and age of advanced technology, I wonder how online international transfers will take up to 5 business days; a mere excuse to skim people of their earned Dinero.

UK customers can select an account type and start trading with LimeFx platform’s available methods. No matter your past performance, LimeFx gives you hope for a better next period. The most important thing – the withdrawal and the profit reached my bank account. Please contact us at where we can investigate this further. Thanks for taking the time to leave a review and for sharing your positive experience of LimeFx.

One of the unique features that the LimeFx Forex broker owns is the variety of trading platforms. At LimeFx, traders can either go for traditional options or try new, innovative, and ground-breaking trading terminals like TickTrader. In addition, the clients of the broker have an opportunity to employ automated trading tools that are becoming increasingly popular lately. On the other hand, not all accounts allow a complete list of the trading platforms.

LimeFx Reviews

One might get caught up in the scammer’s net very easily, and therefore traders are repeatedly advised and warned to check all background info on brokers. A solid research can save you from unreliable brokers and their schemes. LimeFx is one of the brokers who has proven to be worth traders’ time and money. What the broker has to offer and how it operates is explained below in the LimeFx review.

I started trading with this broker in 2015 and since then i have gained a steady income from my trades. The advantage that i am getting when i am trading with them is the direct access to the Inter Bank markets so my trades are done at the lowest spreads and i can control my trading easily. All information presented on website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. will not accept any liability for loss or damage as a result of reliance on the information on this site.

LimeFx broker reviews

It allows you to trade without any additional software; only an internet connection is required. The Web Platform enables users to trade directly from any browser and operating system. MetaTrader is also popular due to its copy trading and automated trading features. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, email, or push notification to a mobile device. In our tests for the Trust category, we also cover factors relating to stability and transparency.

To open an account at LimeFx, clients should select their account type, provide personal details, and upload a proof of identity. Withdrawals via bank transfer take 1-3 days to reach your account. With respect to the broker’s trustworthiness, top-tier regulators oversee the UK, EU, and Australian entities, but clients of the offshore entity should be aware that protections are limited. Overall, we rate LimeFx as a strong and innovative broker with much to offer. LimeFx offers a swap-free Islamic account that adheres to the principles of Sharia law.

Minimum Initial Deposit

I’m earning quite decent monthly, thanks to LimeFx’s reliable trading service. When it comes to execution of trades, this broker is second to none. It’s the best I’ve seen and I hope this is going to be my last broker. During my own trading experience with this broker i have found that the spreads are very low and i can Open and Close my orders at the time when the markets are moving very fast and highly volatile. I started trading in the Forex markets 2 Years and 4 months back and as a new trader i was looking for help and support. I found that this broker gives really good market analysis everyday which helps me to understand which trends are present in the market and how to do my trades.

We judged that fees for withdrawals for bank wire transfers are reasonable and processing times are relatively fast. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis. In our rating, we check the contact methods available, how accessible a live agent is and how helpful the responses are.

Traders may observe Bid-Ask spreads, set Stop-loss order and Stronger Position orders, and monitor all positions completed in the past and present using a web browser. The Web Trader interface is similar to that of the desktop MetaTrader 4 terminal. If you’ve previously used the standard desktop MetaTrader, switching to the online version will be a breeze.

I am trading with this broker when i joined them in 2018 using their ECN trading account. LimeFx supports ForexCup and holds numerous weekly and monthly trading contests and regional championships. The prizes come in cash amounting from 1,000 USD up to 5,000 or sometimes even 10,000 USD. There are contests held on demo accounts, as well, which are great opportunities to start trading without actually spending personal funds and risking major losses.

It maintains operating subsidiaries regulated by the UK’s FCA and Australia’s ASIC. The Financial Commission, based in Hong Kong, provides international oversight and investor protection. LimeFx has some of the best spreads on the market with no hidden costs like the others. Good broker thus far, but it has only been a month so that is not enough time but I made my first withdrawal which was completed successfully. I think LimeFx is actually okay and I will be posting updates with time, for now, I’m recommending LimeFx. BTW, I’m using the New Zealand branch, I don’t know about the UK one…

You can sign up for the demo account prodile via the broker’s homepage. LimeFx provides investors with access to popular tradable instruments on the financial markets, including Forex , indices, commodities, stocks, cryptocurrencies. I have good experience with LimeFx, so I am proud with LimeFx logo. Withdraw money processed smoothly, maybe the problem is my skills trading, I see trading condition also good, I like trade on gold,EURUSD, EURJPY, spread is competitive. Educating yourself on how to trade the financial markets can make the difference between success and failure.

With its ECN model of order execution and narrow spreads, LimeFx is suitable for day traders and scalpers. The available platforms and tools also make it a good choice for algorithmic traders. I switched to LimeFx last year after I encountered multiple withdrawal delays at XM. What I also like is their spreads, not the lowest in the market but it’s fixed. Execution of trades is fast without any rejection of orders. I am doing part time trading using Market Technicals along with News trading using their Tick Trader Gross account.

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