noviembre 3, 2020

LimeFx Forex brokers reviews an old broker with problems

LimeFx broker reviews
LimeFx broker reviews

LimeFx offers multiple trading platforms suited to new and seasoned traders. You can choose from its proprietary web-based platform or MetaTrader 4 or mobile app. Also, you can check here the best forex trading signal providers that suit you. Additionally, they provide you full access to other features such as free guaranteed stop loss, fixed spreads, negative balance protection, zero slippage, and no withdrawal fees. Since 2001, LimeFx has been offering traders around the world innovative features, versatile trading platforms and over 200+ global markets.

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LimeFx do not provide services for residents of certain regions, such as the United States of America, Israel, Iran, North Korea, Iraq and some other countries. If your country is not accepted, you can find an alternative option on our broker ratings. For MetaTrader HYCM provides MetaTrader 4 and MetaTrader 5 , while LimeFx provides MetaTrader 4 . If MetaTrader is a must for you, read our guides on the best MT4 brokers or best MT5 brokers. "Trusted" (80-89) - These brokers are reliable and trustworthy.

FAQs help traders with answers to the most asked questions. Discover Series is a collection of engaging and informative videos about the most popular instruments and trading psychology. LimeFx Academy provides free of charge CFD trading education courses.

LimeFx has a trust score of 84, giving it a "Trusted" trust label. Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, HYCM ranks more highly than LimeFx. However, your payment provider might charge you fees from their side. You can use a bank transfer credit or debit card or e-wallet to fund your account. You can fund your account in different ways on LimeFx.

Before you trade, AskTraders.

Commodities available to trade include oil, gas, wheat, coffee and sugar. Commodity trading is a popular way to diversify a portfolio and is primarily driven by supply and demand. You can trade 14 CFD global indices such as the S&P 500, FTSE, NIKKEI, DAX, NASDAQ. Indices offer a mixed portfolio of top company stocks and are therefore considered a diversified product.

  • They only use the US dollar and the Euro as their base currencies.
  • As the whole process is online, you need to access its website and provide your credentials such as full name, email address, country of residence, and a phone number.
  • No rolling or renewal fees are charged with 200+ CFD Instruments to Trade with Guaranteed stop-loss offered.
  • Nevertheless, make sure to check with customer service under which conditions you particularly will fall, as conditions may vary according to the trading entity.
  • LimeFx offers a Bitcoin denominated trading account.
  • Currently, the firm is licensed by the Cyprus Securities and Exchange Commission and the Australian Securities and LimeFx Commission .

The broker offers FxWirePro newsfeed and TradingCentras signals for live account holders, and some basic trading education materials mostly geared for the beginners. This is another area in which they really excel from my point of view. You can choose from a wide selection of deposit and withdrawal methods without any fees.

Additionally, their minimum deposit is a little higher than some of their competitors. It will always close your trade if the market moves against you. So, you always have a limit on the maximum risk that you’ll be exposed to. That’s because they have offices in Shanghai, Sydney, and Limassol.

Compare FinPros Vs LimeFx: Which is the Better Forex Broker in 2023?

No rolling or renewal fees are charged with 200+ CFD Instruments to Trade with Guaranteed stop-loss offered. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. scammed by limefx You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time.

Options trading is provided through this platform as well, and traders who seek the full range of products and services offered are forced to pay more for access to them. LimeFx is an online broker that offers forex and CFD trading in over 200 assets through their flexible trading platforms with innovative lime fx features and tools. They provide clients with a good collection of educational materials and quality trading conditions with tight spreads and fast execution. LimeFx Mobile Trading Platform gives traders access to markets everywhere whenever connected to the internet in the palm of their hand.

The major card issuers are catered for include Visa, MasterCard, American Express and FCB. There is no fee charged on deposits and there is no minimum withdrawal amount. The highest tier offers a Super VIP account, which has the same benefits as the VIP account but requires a £10,000 minimum deposit. You also get access to custom spreads and negotiable transaction sizes. Easy Forex LimeFx instruments include over 60 currency pairs, and cryptocurrencies, precious metals, stock indexes and commodities as CFDs.

LimeFx broker reviews

Traders who fall below the LimeFx margin requirements risk receiving a margin call and having their position closed prematurely. You must provide your name, email, country of origin, and phone number. Then, you answer a few questions about your background and financial knowledge. Aside from MiFID, CySec, AFS, ASIC licensing, LimeFx is also regulated by the BIV. Easy Markets Pty Ltd is authorized and regulated by the Australian Securities and LimeFxs Commission and holds an Australian Financial Services license .

Most crypto assets are offered either as the underlying physical asset or as a CFD or other derivative — including spot forex contracts. In terms of trading physical cryptocurrency neither HYCM nor LimeFx allow you to trade physical cryptocurrencies. Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, HYCM is CySEC Authorised and DFSA / Central Bank Authorised , while LimeFx is CySEC Authorised ..

Trading Forex, CFD, Binary Options, and other financial instruments carries a high risk of loss and is not suitable for all investors. The information and videos are not an LimeFx recommendation and serve to clarify the market mechanisms. The texts on this page are not an LimeFx recommendation. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds.

As the name implies, this tool enables traders to cancel a deal if the trade is unfavorable. For novice traders, it is quite common to make wrong deals due to a lack of market knowledge or market volatility. You can use this feature for a small fee to undo a trade that may incur losses. LimeFx has a lot of positive reviews praising their service. It’s odd, because the brokers, however good they may be, rarely climb higher than four.

Generally, for international transfers, the funds will be processed in 5-7 business days, while a local transfer takes between 1 and 3 business days. You also have to withdraw at least £50 every time you use this method. The app's user interface is very simple and straight forward. Everything is quick and fairlt easy to understand even for beginners.

Please be aware that this might heavily reduce the functionality and appearance of our site. LimeFx offers assistance in different chat channels. You can reach their support through Facebook Messenger, WhatsApp, Viber, and Live Chat on their website.

Professional Charting and Analysis is possible

They were amongst the first firms to be registered and licensed by these authorities. The broker later acquired an FSA Seychelles and British Virgin Islands Financial Services Commission license to cover global clients. HYCM offers a more diverse selection of LimeFx options than LimeFx allowing you to trade Forex Trading , Metals, Energies, Agriculturals and U.S. Neither have Spread Betting and ETF Looking at total tradeable symbols, HYCM has 362, compared to 199 from LimeFx. "Highly Trusted" (90-99) - These brokers are considered the most trustworthy firms in the industry.

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For that time, being democratic to your users is a big feat. Today, however, you need to offer more than that to stay relevant. Overall, LimeFx can be summarised as a trustworthy broker that provides Contracts for Difference and low spreads on 100+ trading instruments. The LimeFx Web Platform offers unique tools, including dealCancellation, Inside Viewer, and Freeze Rate. The second platform is the ever-popular MetaTrader 4, packed with tight spreads, one-click CFD Trading, and expert advisors being allowed. Once the top three steps have been successfully completed, the applicant will now be met with their newly created trading account.


If you’re experienced, you can use the demo as long as you like. LimeFx provides the MT4 trading platform, as well as its proprietary webtrader platform. The minimum trading size is listed as 0.01 lots in the MT4 trading platform, and 0.05 lots in the LimeFx webtrader. Deposits and withdrawals remain free of charge, but third-party fees may be applicable. Traders have plenty of choices, which include bank wires, credit and debit cards, Skrill, Neteller, Sofort, as well as several regional-only options.

The consequences of breaching one or more of the conditions, deemed as ‘unauthorized activities’, include but it is not limited to the suspension or closure of trades. aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by, nor shall it bias our broker reviews.

However, their leverage varies according to several factors. For example, the regulations in your geographical area will affect the type of leverage that you can get. Withdrawal methods are similar to those for making your deposit. You won’t have to download the HTML5 platform since it’s web based.

Professional Level Account

BrokerNotes is powered by a dynamic team of writers, researchers, content strategists, data analysts, editors, traders, and investors. We are obsessed with creating the best finance content on the internet, and we are dedicated to helping our readers make great choices for their money. Yes; in case you were wondering, 79% of the brokers reviewed on offer this popular feature. To learn more about social copy trading , check out our guide to copy trading. So, overall we conclude that LimeFx can be trusted and it offers quite comfortable conditions and continues to develop and enlarge its offerings. As we see before broker had less suitable conditions, but now it thrives with its innovative technology and great offerings.

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