class="post-template-default single single-post postid-15007 single-format-standard">

LimeFx Review Legit or Scam? Expert Analysis

Home » LimeFx Review Legit or Scam? Expert Analysis

You can learn more about its bonuses and promotions by contacting its customer service personnel. Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money.

I have been using their services for quite some time and so far everything works well. Lastly, we’d like to mention its stand-out educational experience once more, as it allows users to progress quickly. It even covers some sophisticated trading topics, helping all traders whether they are intermediate or advanced. The broker also has a whole host of analytical tools, allowing users to improve their prediction precision.

LimeFx forex broker

LimeFx Media Centre offers 45 video lessons on a variety of topics, including MetaTrader, CFDs, stocks, and more. LimeFx offers a free news blog for forex news on the official website. Yes, LimeFx is operated by OM BRIDGE Limited, which is an LimeFx firm that is licensed and regulated by the Financial Sector Conduct Authority in South Africa.

Simply put, it’s that the broker goes beyond simply teaching you the bare necessities of what you need to know. The firm also covers a bunch of topics that might be interesting to traders via its webinars. It also has interactive courses and many other innovative features, making learning less of a chore. LimeFx is a new broker that’s starting to make an impact on the online brokerage world. Its services focus on providing forex and CFD trading, but the firm also includes other assets in its lineup. Because of that and its multiple licenses, it’s been attracting the attention of a variety of traders.

LimeFx Trading Platform

A range where the price fluctuates is accumulation. You need to be on alert when the price breaks through it because it often does it with a strong impulse. I prefer to buy or sell from the lower to higher level to be on the safe side. Orthodox traders highly recommend to wait for a rebound and enter only after this but I prefer not to wait for this. What’s more, many times I saw that there wasn’t a classical rebound but the price left with a powerful impulse. If you don’t want to risk, try to enter earlier.

Lastly, both the MetaTrader4 platform and the other proprietary platform work great for trading CFDs. On top of that, the broker follows the MiFID II regulation. That means newer traders have some extra risk-reducing features attached to their accounts.

Social trading is offered via service providers like ZuluTrade and Myfxbook. Cryptocurrency deposits and withdrawals are not available. LimeFx caters to most international traders, including the UK, Singapore, New Zealand, and India. Like most international brokers, LimeFx does not accept traders from the US.

LimeFx is compliant with a series of stringent laws of regulators, which dictate that client funds are kept in segregated accounts. These funds are not used by LimeFx for any other purposes other than trading activities, and the accounts are audited frequently. They are very professional in all dealings. Excellent trading services.

Services and tools are good also. Excellent range of instruments to trade.Exemplary services. I am fully satisfied with the services and the profit I am getting. I am recommending this broker, they’re overall great.

LimeFx forex broker does proper research and analyse the various broker platforms worldwide to give their reviews in this section. Our reviews are the most genuine. So, before you decide to trade in any Broker platform check our review and then start trading. You can easily find the legit broker platform vs the scam broker platforms via Trading Critique broker reviews.

We find LimeFx to be a legitimate and highly trustworthy broker. As explained in this review, this broker is regulated by the Cyprus Securities and Exchange Commission — one of the most trusted regulators across the globe. In order to withdraw, it is worth mentioning that you need to verify your identity and submit proof of your current address.

Is there a commission-free trade bonus in LimeFx?

The withdrawal fees can be up to 80 USD/EUR/GBP for accounts with insignificant or no trading activity. Further charges may also apply if the client fails to provide accurate or adequate identity verification details. Founded in 2019, LimeFx Int is a market maker broker and LimeFx EU is a straight through processing broker. LimeFx limefx scammers is regulated by the Cyprus Securities and Exchange Commission and the Financial Service Conduct Authority of South Africa . The broker’s product offering includes forex and CFDs, crypto, and commodities. The broker is trusted globally, given that it falls under the regulatory mandate of one of the world’s best broker regulators.

  • There’s the usual tier-based division and the MiFID II-adhering retail-pro split.
  • In terms of funding methods, clients can make deposits denominated in USD, EUR, or GBP.
  • They are very dedicated to helping me grow my LimeFx.
  • The Trading Central MT4 plugin provides traders with quality third-party research.
  • Brokers are highly skilled and experience.
  • LimeFx customer service is available for 24 hours a day, Monday through Friday.

As mentioned earlier, cTrader is best suited for experienced traders. Even better, the platform allows automated trading through Expert Advisors . This feature allows traders to set parameters through which the algorithm can identify tradable opportunities and notify the trader or open positions automatically. MT4 also allows social trading where the trader can copy the strategies of expert traders and automatically or manually implement them in their account. LimeFx provides a wide range of products including 50 forex pairs, three crypto pairs and 125 CFDs.

Is LimeFx legit?

LimeFx offers weekly webinars to help traders stay up to date with the latest market developments. These webinars are categorised into beginner, intermediate, and experienced traders. Furthermore, the webinars are recorded and uploaded on their website so that those who miss the live sessions can watch them later.

I must admit they are one of the best among any other broker in the industry. They are very attentive to trading concerns and very responsible in doing market analysis. Great services and tools. I am happy and overall satisfied. The services are all good. People are very professional.

LimeFx forex broker

LimeFx reserves the right to levy a $10 internal withdrawal fee plus third-party costs. The Market Summary and the Live Market Summary sections allow traders to take positions from the screen. Despite two trusted regulators, traders continue to allege malpractice and fraud, urging regulators to suspend their operating license. You can choose from thousands of CFD Trading companies online, however people usually invest with one of the best brokerslisted here.

Have started using their services a month ago and so far all is working fine. I researched and by reading really good reviews I decided to trust them and I really made the right choice. I am gaining great returns. They have so many good opportunities to earn money.

What is the minimum deposit requirement at LimeFx?

I also recommend checking the costs from the payment processor to the bank account unless a debit/credit card is available. Traders should select the payment processor with the lowest fees. Traders can evaluate copy trading features embedded in MT4. LimeFx deploys practices intended to drain account balances rather than maintain a competitive trading environment. Manipulated swap rates via internal mark-ups, unsuitable for leveraged trading.

This broker met my requirements mentioned above and I can even recommend it to you. Once registered, traders are given $100,000 in virtual funds, which can be used on the demo account. No, LimeFx does not offer forex traders with a commission-free trade bonus. Once the forex trader has completed the request and LimeFx receives it, the withdrawal process can begin. Skilled trading brokers.

They are very keen on details and always come up with sound market analysis. Trading results here are always good and way better compare to other brokers I have used before. I can trust the signals, I am able to get a good profit from the signals. I can depend on the services too, they are always prompt and efficient.

Considering its compliance with regulation, the diverse and competitive trading offer, as well as premium customer care services, LimeFx is a broker you can trust. There are plenty of registered customers providing good feedback on the broker and that’s a major indicator for the level of quality available. For more information about what LimeFx can offer, feel free to check its official website. LimeFx stands out when it comes to trading technology and educational resources. Clients can benefit from market summaries, daily chart analysis, market news, educational of VIP webinars, depending on the account type chosen.

Fast execution, swift withdrawals, and good services are just among the good things I like about this broker. The satisfied trader here. Withdrawal is always fast and signals are all the time profitable. Great overall trading experience.

Leave a Reply

Your email address will not be published.