This is an adequate amount for people just starting out. It’s possible to create more advanced deposits as you go along. However, make certain you know how to make the most of your cash before investing in larger sums.
- Over the past 9 years, LimeFX has grown into one of the best online brokers available to the public.
- However, due to regulations LimeFX can’t accept clients resident in Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
- While the official LimeFX website proudly announces that deposits and withdrawals take up to seven days maximum, this is the part where the company gets the most complaints.
LimeFX is an excellent agent, and its own users can vouch for it. The highlight of this platform is its fast order execution on trades. LimeFX is a legit company headquarted in Cyprus since 2013. LimeFX is an acclaimed fintech company, which operates with transparency.
My access had been restricted so I couldn’t escalate my case to court. My only advice to anyone who bumps into this LimeFX, never dare to open an account with them if you don’t want your SL to be hunted. Since its inception, Skrill has expanded to operate in more than 120 countries and has a digital wallet available in more than 40 currencies. Customers can transfer funds to their Skrill wallet using various payment options , including card, bank transfer and a variety of other payment methods.
6) A poorly designed educational program, after studying which many questions remain about what the Forex currency market is and how to make money on it. 4) The site provides for a complex registration procedure, where you need to specify the address, postcode, birthday, gender and other personal data, without which you can’t get access to your account. 4) A special version of the platform has been separately selected, which allows you to install Metatrader 4 on iOS. There is a boot link to install the program on the iPhone, iPad, and iPod. LimeFX is a product of LimeFX Ltd, a company registered and located in Saint Vincent and the Grenadines – the territory of the financial regulator FSA. The registration number “23463” is indicated on the broker’s website LimeFX.
Moreover, the withdrawn money will be moved directly to the accounts you use to make deposits. Thus, if you used a credit card for deposits, the withdrawn cash will be sent to the limefx reviews cardLimeFX will ask you to provide other withdrawal methods in case your details have changed since your deposit. LimeFX charges a withdrawal fee if you create a bank transfer.
LimeFX Review 2021: Legit Broker or Not?
For more advanced users, they can avail of each and every tool available through the platform toolbars, including the Expert Advisors function. This is a positive point in respect of the many competitors who do integrate some form of fee for inactive traders. LimeFX is a worldwide online broker founded in 2011 and now is among the largest and most respected companies in the world of the Forex market. But they are a pain to make deposits with and don’t accept new American customers. Got my withdrawal and have taken all of my original deposit out.
Yes, LimeFX accepts bank transfers for depositing money. This can look like a little number, but over the year, it adds to a significant number of gains. Even though LimeFX provide you all the tools to earn money, they cannot guarantee you will profit.
Understand the capabilities of the mobile apps of LimeFX, freetrade & LimeFX below. LimeFX has a wide variety of over 127 instruments available for you to trade with. LimeFX charges an inactivity fee if you don’t create any trades for a while. Commissions can be fixed or determined by the traded volume.
The Broker is not regulated by any financial watchdog which means that there is not any authority that oversees the financial services offered by LimeFX. We don’t have our own personal experience with LimeFX. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Is because of the extreme high leverage offered to traders , your account is monitored to the extreme.
It is so high and it makes it possible to earn more even when you predict a small price move. Despite a few problems that i had with them, they are still one of the best brokers I have worked with. I actually learnt my way around trading working with LimeFX. Im happy to work with them and i have not ran into any problem with them. LimeFX is one of the best brokers that i have worked with. To clarify, you will definitely have some problem with any broker that you will invest with, but in my case, the problems that I had with this brokers, are waaaayyyyyy less than other brokers.
The assets available on LimeFX include foreign exchange trading, CFD trading, spread betting, social trading, and stock trading. A regulated broker equals a more responsible trading environment. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades. They represent wide range of market instruments across stocks, indices, currency pairs and commodities to cover all trading preferences.
The thing that I really adore about them is the high leverage and the pace and ease of registration. `LimeFX is almost the best brokerage i have worked with. I appreciate what they do and suggest that to all my friends.
This LimeFX review has been updated for 2022 by industry experts with years of financial experience in Forex, CFDs, & Social Trading. We have worked to gather hundreds of data points about LimeFX to give you the most comprehensive guide available. Here you should complete the registration form, combined with uploading a copy of your identity and proof of residence documents.
- The best way to find out if a broker is legitimate is by conducting research on the company.
- Only one glance at LimeFX’s official website is enough to feel their unsafe atmosphere, but of course, we dig deeper to give our readers a proper analysis of the broker.
- As to be expected with MT4 desktop, the offering is as comprehensive and empowering as ever to traders.
- They are also known as scam brokers because they take the money from forex traders without giving them services in exchange.
We have tried for over 30 minutes to find out the conditions of their bonus and in the end we spent over 10 minutes waiting for a reply. For communication with technical support managers, the section “Support” → “Contact the US” is provided. On the page that opens, there are many international phones and email addresses to which you can send a request. These are not suitable for us, and verification, we will use live chat (“Support” → “Live Chat”). Let’s try to clarify how many assets can be used in the MetaTrader 4 terminal from LimeFX.
CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. What I like the most about this broker is the high leverage that they provide and the vast features. They give you a lot of options and features while keeping everything simple. I have been working with them for a while and so far everything is fine.
Stole my money
LimeFX has branches in Malaysia, Cyprus, United Kingdom, and Spain. However, none of the branches are regulated or registered with any authority that oversees the Forex or financial LimeFX services companies. Therefore, there is no strict implementation of the rules that are typically deployed by the reputable limefx forex broker organizations in a purpose to protect customers and their LimeFXs. On the subject of bonuses, LimeFX provides for up to 50% bonus on each of your qualifying deposits. This is an offer which many top brokers regulated by CySEC and other bodies simply cannot provide due to regulatory conditions.
- All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice.
- They offer trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps which allow this.
- It’s established plenty of steps to guard all of its investors.
- They provide a crazy leverage along with a wide range of pairs, including crypto, to trade on.
- At the time of writing this LimeFX review, and despite LimeFX’s impressive offering, the company has surprisingly not garnered any awards to date.
LimeFX ensures that the individual needs of all online traders are met to the best of their ability. They offers trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps. Their outstanding array of resources will be beneficial for most traders. Third-party partnerships also supply in-house analysis.
Their support team is really supportive and they never give up before solving your problems. I really like this broker for the high leverage that they provide and the strong support that they have, they never keep you waiting for too much and they always have the best answers for any questions. What I appreciate the most about this broker is the high leverage and the features that they provide for their clients while keeping everything simple. I have been working with them for a long while and im really happy with that. I really appreciate the pace for KYC, deposit and withdraw.
We write a message, re-indicate your mail, nickname, and phone, send a message. No, LimeFX is not a regulated nor licensed trading brokerage. If you were scammed by LimeFX or any other illicit brokerage, you should file a complaint immediately. The only way to get your money back is via the chargeback procedure.
We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations. I really appreciate how fast they are https://limefx.vip/ in KYC process and also withdrawing and depositing. However I have had a few conflicts with them but i guess thats normal, the good point is that they are always helpful and they always have logical answers to your questions.