Many unprofessional brokers try to pressurise users into larger funding for premium services. LimeFx, on the other hand, is more focused on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the greater advantages will come along. If you wish to exchange with LimeFx, you’ll need a minimum deposit of $250.
Although the company’s managers confidently state that certification is an issue that will be resolved in the near future, now traders have to trade at their own risk, it definitely prevents them from trusting the company. Should we consider LimeFx as a scam lottery or a fraudster? At this stage of the company’s development, it seems too early to make final conclusions about it, but you can protect yourself by working correctly with your personal manager. LimeFx Ltd has always been the most cooperative with its clients in terms of trading, depositing, withdrawing funds or any other requests that clients may ever had. I just registered with them and I just wanna say their registration was so smooth.
LimeFx offers clients the opportunity to receive a 50% bonus on each deposit made. The bonus is tradable can be withdrawn after carrying out all promotion requirements. The bonus usually compensates traders for choosing a certain broker, since once the account is active, the trader will have the same expenses as any other. The bonus usually only starts giving some expenses back to the trader once the person has proved himself as an active trader. Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade.
Not recommended brokers
It also offers to trade in Precious metals which include gold, silver, and platinum. Since we confirmed that the brokerage runs the scheme without proper licensing, it’s safest for you to avoid it. And if you have any information about their operations, don’t hesitate to share it with us. Furthermore, the firm has another office in Saint Vincent and the Grenadines.
Did you observe that all his posts were on LimeFx alone and nothing more? Does it mean that he is on this forum just to castigate LimeFx? It is very good to me to defend the defendable when it most matters. And the only way to defend is to share your experience.I have been trading with them since 2014 without troubles.That is my story. Never ever invest big money unless you know the broker and funding method properly.
Does LimeFx Give a Welcome or Deposit Bonus?
Skrill’s activities outside of its European Economic Area are operated by Skrill Limited – a company which is incorporated within the United Kingdom and regulated by the Financial Conduct Authority. It majorly owes this standing to its unbelievable platform and broad range of tools plus limefx scammers resources so you may put money into capital markets. LimeFx is an excellent agent, and its users may vouch for this. The highlight of this platform is its quick order execution on trades. LimeFx safeguards its customers’ personal and sensitive information under SSL encryption.
How do I know if a Forex broker is legit?
- Contact the CFTC to check the company's registration status, business background, and disciplinary history.
- Ask about the details of the forex trading market and your obligations if you participate.
From there is operated in Asia and within a year, branched out to Europe. Due to its success, it decided to open new branches and eventually moved its head office to St. Vincent and the Grenadines. The leverage lowers with each account type, while the deposit percentage lowers from 50% for the first two types to 40% and 0% for the other two, respectively.
Terms of trade with LimeFx
The spreads are categorized into standard spreads and VIP spreads. On the Standard and Premium accounts spread starts from 2 pips, on the VIP account, spreads, starting from 0.7 pips, and on the CIP account, it starts from 0.1 pips. Brokers’ fees can vary and change, and additional fees may be charged that are not listed in this review.
LimeFx also offers a range of trading platforms to choose from. These include the popular MetaTrader 4, as well as the company’s own proprietary platform. The broker’s platforms are user-friendly and offer a range of features, such as advanced charting tools and expert advisors. Since its inception, Skrill has expanded to be available in more than 120 countries, with its digital wallet offered in more than 40 currencies.
How to Report a Scam against LimeFx
The reason that LimeFx asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, LimeFx has to be careful that they don’t breach any money laundering laws and part of that is know as KYC . This means that at all times, LimeFx must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. LimeFx shows on its official site how you are able to exchange real time stocks in a demo account.
These are dependent on the actions you undertake on your account. They are charged for operations like depositing money, not trading for lengthy periods, or https://limefx.biz/ withdrawals. LimeFx are a professional trading platform that has been open for over 10 years. They offer a large range of options in their client accounts.
MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. The MetaTrader 4 software delivers a feature-rich, user-friendly interface and an extremely customisable lime fx trading environment, designed to cover all your trading needs and boost your trading performance. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically.
- The process is effortless and quick, with various payment methods at your fingertips.
- LimeFx also offers a range of trading platforms to choose from.
- Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card.
- LimeFx is an online trading broker owned by LimeFx Ltd and located at Suite 305, Griffith Corporate Centre P.O.Box 1510, Beachmont Kingstown, St.Vincent and the Grenadines.
In accordance with the company’s privacy regulations, client data is never to be shared with some other institutions or individuals. LimeFx, as a business, has a powerful collection of rules for ensuring honest trading on its own platform. For data encryption functions, it provides an industry-standard secure socket layer . 73% of retail CFD accounts lose money with this provider. You are able to make use of an option for Two Factor Authentications with LimeFx for increased safety.
We tried the multilingual LimeFx team by calling in varying languages. LimeFx made an effort to make sure our queries were answered. Understand the trading resources available with LimeFx, freetrade & LimeFx below. 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 when you don’t create any trades for a while.
LimeFx becomes first forex broker to offer unlimited leverage – SMN Weekly
LimeFx becomes first forex broker to offer unlimited leverage.
Posted: Wed, 23 Mar 2016 07:00:00 GMT [source]
For more information about each trading account type, please visit the official website of LimeFx. After the last deposit there must be minimum 6 trades with the minimum intervals of “50% of the largest trade volume time” with this condition that “all trades volume” must be more than “30% of the largest trade volume”. The bonus is provided to support your trading directly directly and can also be withdrawn by meeting trading volume requirement.
Is Forex Glory legit?
LimeFx focuses on active trading, also offering access to binary options. Notably, the broker is not licensed by any reputable regulatory authorities. This factor should be taken into account by traders considering working with the broker.
LimeFx caters to all types of traders and are a must-have broker for almost any well-diversified method of online trading. What I like most is their consistent improvement by the days just between 2014 and today. As I write today, my account is in good conditions and it is just hard for me to consider other broker. Hello from Cyprus, I just wanna mention that I have been trading with this company since 2012 and I am proud to be their client! They have a super easy website and the support is really helpful.
We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Please kindly be informed that the broker has not ever kept or blocked any funds from its customers, nor does it have the right to do such an action.