LimeFx com Forex Brokers Reviews

I tried to reach out to their Support hoping to clarify some of those, but their response was merely a link to their website. I told them I already saw the page but the reviews I found were contradicting so needed a direct answer from them, but was just given another link! In the end, bad reviews plus bad support experience, I decided not to entrust my money with them. The MetaTrader platform is well known throughout the online trading world and is used by all types of brokers.

LimeFx forex brokers reviews

But the broker is welcoming any kind of trading strategies that I have seen no problem on my trading progress. Really suitable for scalpers who get declined by other brokers since it’s forbidden for some brokers. LimeFx welcomes every trading technique. In fact, there is a sufficient risk if the company delivers services without any regulation or licenses from the world-known watchdogs in the Forex industry. I have a lot to say about this company, but basically everything revolves around one thing, to work with them a lot. I think that they are very fast in withdrawing money, but this is a personal matter.

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I work with LimeFx since I'd implemented my ?? Tellingly, as compared to the demo, the real account worked almost the same way. I want to note about high quality of the quotation flow which is very important to me. Also I would like to draw attention of scalpers to their ECN. It is better to be used for a quick trading.

During this time I did not have any requotes on my ECN account even once. Also, all requests for withdrawal of my earnings were processed quickly. I don’t know about others, but I’m satisfied. I’m even glad that I finally decided to replenish my account to fulfill the conditions of the bonus.

LimeFx forex brokers reviews

LimeFx is a relative newcomer to the world of forex trading. He is part of the LimeFxpany, which was founded in 2008 and has offices in various parts of Europe, including London. The broker offers traders various products and services, including leverage, spreads, bonuses, trading tools and conditions.

The daily market forecast can be helpful to make your own forecast more accurate. Love the weekly webinars where it mostly discuss the current market along with the upcoming news, this can be taken advantage with your own analysis since they will give the basics. If you are into automated trading, the broker is providing VPS to make sure your trading robot is operating 24/5 that you don’t have to leave your computer for such time. Check out their latest offer on their website.

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While many only employ the MT4 platform, LimeFx surprisingly offered the more complex and less popular MT5 platform. On the surface, this may seem to make LimeFx legit. After all, both of these are highly respected platforms. None of these three accounts have a minimum deposit, however, LimeFx does have a recommended minimum deposit, which can only be seen as a marketing ploy. Each account also uses a market execution for its order execution.

There is no minimum order size nor are there any maximum total volumes. There are also market swap rollovers for each account and a 50% margin hedge and expert advisors available for each account as well. We like to see brokers with multiple communication channels and we applaud LimeFx for doing this but the customer service itself is dismal. It appears LimeFx opinions of you and its other clients are that you all are nothing more than a way to earn money and not actual people with lives, families, hopes, and dreams. This broker offers a very good partnership program.

Of course, I am not making 100% a day as many boast but I am having my 10-15% a month and think it is OK. I assume that trading terms of LimeFx also contribute to my success and these terms are comfortable personallt for me. Fast responding chat supports, fast withdrawal time, and reliable trading servers. Here are what to expect from LimeFx, a convenient company to start building your trading portfolio with any kinds of trading technique you can try there... LimeFx offers educational material including webinars, guides, and lessons, as well as interactive instructional sessions. Their website also contains a list of books that can help traders create their own trading systems and learn about market analysis methods.

Good for retail traders with decent spreads and many strategies allowed. The bonus they offered is quite different from many 'big' brokers I have tried. This one is good for beginners as it can hold the drawdown of the trading itself.

I can say that as a trader and a…

Unfortunately, LimeFx is not regulated by the financial authority in St. Vincent and the Grenadines. This alone is a serious red flag and should be the reason for you to cross LimeFx off your list of possible brokers. Regulation is an important criterion for any broker you’re considering.

LimeFx charges no commission for funding a trading account. Floating spreads from 0.9, precise quoting of 5/3 digits, and execution from 0,1 sec are used on the Market Pro account. A trader can choose a method of deposit and withdrawal from the popular payment instruments and look forward to the swift, safe, and transparent financial transactions.

I wrote to them several times but didn’t get a response. I searched the internet for victims of binary options and how they have managed to recover their money. Fortunately I came across a recovery expert Mr Eddie Wilfred, after reading positive reviews about him online. Fast forward to two weeks later he was able to helped me get my funds back. I believe a lot of people are also in my shoes that’s why i want to recommend him and his recovery strategy. LimeFx’s spreads on their demo account are different from those at their real account.

  • It is pretty much useful for beginners and experienced ones since you can alter the trading risks with the bonus.
  • I love this company since they have updated their trading servers for better latency towards trading executions I am making there.
  • The same method as used to fund an account must usually be used to withdraw money and monies will be only refunded to accounts in the same name as the trading account.
  • •Fresh Forex is the best broker because of its Metatrade 4 online trading platform.

The most important thing is once you earn profit get able to withdraw. Since I got payment from them serval times. Even here I have attached my limefx reviews last payment proof screen shot. Finally I want to say I am trading with them more than three years now so far I had no any problem with them.

CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account. There are https://limefx.group/ no minimum deposits stipulated for any of LimeFx’s accounts, but the broker does recommend certain amounts on its website. A Swap Free account can be set up by Muslim traders practicing Shariah law for any of the accounts – Classic, Market Pro, and ECN accounts, with a fixed commission of $5 per lot. LimeFx has exceeded my trading expectations in every way.

Trading platform

But it was thanks to tight spreads and no requotes on the trading interface that I was able to make this much money on LimeFx. I saw a good offer on their bonus section, the one I want to mention is their deposit bonus since it can hold the trading drawdowns. It is pretty much useful for beginners and experienced ones since you can alter the trading risks with the bonus. 4/5 would trade even longger with LimeFx.

Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $6.6 trillion. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference.

ECN

Read our LimeFx review and get introduced with a new awesome broker. The LimeFx team has proven itself a poor excuse for a forex broker. How it has managed to remain in business for this long is quite shocking. A simple search reveals a plethora of negative LimeFx reviews from traders who have been flat out robbed of their deposits and profits by this fraud broker. Fresh Forex is an honest and reliable broker.

A forex account is a trading account held by a trader with a company like LimeFx that is primarily issued with the purpose of trading currencies. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Trading servers that are reliable and allow me to trade in news and with robots. They also provide an excellent trading VPS where I can keep my robots online at all times.

LimeFx Trading Platforms, Software, and Its Features

If you are beginner on forex market, you must be very careful, when you choose a broker for real trading. If you are looking for a reliable broker with useful promotions, I advise you LimeFx company. The most important thing that I was interested when I chose a broker was withdrawal of money.

Scalping is possible on their ECN account with decent spreads. Also I can notice there was no delay on the execution of my trades so far. Some scalpers are afraid of the delays, so this is another concern for choosing ECN account on many brokers. Worth to jump to their ECN account since the liquidity providers are always updated to make the spreads on most pairs even tighter by the time being. In general, I enjoy scalping and short-term trading.