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This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Metatrader 4 trading platform is available and this is a plus for this broker.
Interactive courses teach trading strategy and technical analysis. The eBooks cover the basics of forex and CFD trading, the psychology behind trading, and CFDs on cryptocurrencies. A Forex broker like LimeFX provides traders access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers.
LimeFX Trading Platforms, Software, and its Features
On top of that, traders can request a callback and get in touch with a representative in due time. LimeFX is active on multiple social media accounts, including Facebook, Instagram, YouTube, and Twitter. Scam reports have surged over the past year, with claims of account managers asking for https://limefx.group/ more deposits before honoring withdrawal requests. LimeFX INT was founded in 2019 by a highly qualified team of remarkable industry professionals and is based in South Africa. The brand has managed in a short period of time to become a leading name, trusted by traders all over the world.
We conclude that LimeFX is a leading trading brand, relying on a solid reputation. Pay attention solely to the specifics in the offers on the websites of brokers / crypto exchanges. Honest companies openly write about interest, spread size, minimum deposit, etc. Scammers lure loud streamlined phrases about a rich tomorrow, a stable income, mislead with incomprehensible terms about multi-sites, superfunctions and so on. Being a part of our team of traders, you’ll be able to trade in over 160 assets and some of the most honest and competitive spreads in the markets. Technical and fundamental trading tools, educational eBooks and video tutorials will be available to help you with your trading strategies, for free.
These reviews highlight issues with the verification process for withdrawals. When LimeFX accepted their funds, they made no such reservations about taking the money. Anyone considering this broker should take these reviews into account. LimeFX provides educational resources for their users to better understand their LimeFXs.
If you’re more interested in the result than the method, though, then you get access to general chart analysis, too. Classic is exempt from the site’s educational webinars, although all accounts get access to the training library. Gold and VIP do get access to additional VIP webinars, though. The company has its own active blog with a lot more information about its services, so if you’re looking for some more coverage, you can head on over there. Thankfully, LimeFX passes this test with flying colors. The brokerage is regulated by the Financial Sector Conduct Authority of South Africa, so it has its papers in order to prove legitimacy.
📵 What deposit and withdrawal methods LimeFX supports?
This is not done as LimeFX does not have the option of a demo account. Since details on the website are not clearly enough stipulated, more information should be obtained from the customer support service in order to make an informed choice. LimeFX spreads are around 2.5 pips for EUR/USD in the Classic account and $0.10 for crude oil.
There is a substitution of data in order to make operations unprofitable. At the same time, the trader thinks that his operations were made on the market, but in fact – just on the site of scammers. While many traders wonder whether they should invest their money in CFDs, a new broker is set on a mission to challenge their trading skills. And what if you could train for a shot to be part of the 25%? This brand is LimeFX, and it aims to become an industry leader offering professional services and helping traders have a positive approach to trading.
- Thank you LimeFX for being attentive and accommodating.Its just that my internet conn.
- If you are currently using this broker, please share your experience with other investors in the comment section below.
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Founded in 2019, the multi-asset broker LimeFX is owned and operated by Mount Nico Corp Ltd., a Cyprus LimeFX Firm, currently authorized and regulated by the Cyprus Securities and Exchange Commission. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
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Anyone trading with this broker can do so using the MetaTrader 4 platform. This is the industry standard trading platform that is used by almost every online Forex and CFD broker. You can choose from thousands of CFD Trading companies online, however people usually invest with one of the best brokerslisted here. The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.
LimeFXis a popular international Forex & Crypto CFD broker, offering the tightest spreads on many assets. You will find that they are a favorite among experienced traders who use the MT4 or MT5 trading platforms. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey. Jason Donaldson is a trusted name in the financial services field, offering you the gamut of financial advisory insights under one ceiling.
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. It would be much better than trying to enter the market when you already see a giant candlestick. However, over time, I persuaded that the broke is worth my trust.
User reviews across the web for LimeFX are mainly negative. Our LimeFX review found that the most common complaint was making withdrawals. Many former clients advise strongly against placing deposits with the broker. While Mount Nico Corp Ltd handles its operations within Europe, the broker provides global services through another part of their group of companies, OM Bridge Ltd. This company operates LimeFX International, providing financial services to those outside the EU.
Do all LimeFX’s accounts offer the same spreads?
While all clients receive free support and educational resources, large account owners may also benefit from VIP webinars, dedicated account managers and trading signals via Trading Central SMS. They gave me trading advice where i did not suspect they are making way so i lose all my money. When i asked my Account Manager why they did that, he replied devilishly, ” a lot of our clients lose money at LimeFX, so dont waste my time”. Don’t ever make a deposit and make a trade with this broker because they will make loss of your hard-earned money under the guidance of their trade manager. Your money was lost after that your account will be blocked.
LimeFX Safety and Regulation
LimeFX is a company whose task is to provide intermediary services to traders. Brokers / Crypto exchanges provide access to currency / cryptocurrency trading, first of all. Also, many of them, if we are talking about brokers, give the opportunity to make transactions with company shares, bonds, commodities, precious metals, indices, cryptocurrency and other assets. A private person can make transactions with all these instruments only on a trading platform, access to which is provided by a broker or a crypto exchange. There are enough reasons to believe LimeFX really is a multi-asset brokerage, given the diversity of trading services currently part of its offer. The broker works on behalf of retail CFD traders with different objectives.
Both platforms are included when registering your account. During our LimeFX review, we haven’t found many reasons to go with this broker aside from their CySEC registration. The broker already offers MetaTrader 4, and it isn’t apparent why any trader wouldn’t just go with that. $250 is a bit high for opening an account, but no unheard of. The selection of currency pairs is alright, while the choice of cryptocurrency CFDs is severely lacking. The broker supports most of the typical deposit methods for online forex and CFD brokers.
In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation. Such awards are usually mentioned with pride on the company website. This relatively new broker focuses a lot of prominence on Forex education including webinars where traders get that one on one training sessions with their market analyst, as well as trading videos and ebooks. While some brokers only allow you to trade one specific thing like commodities, forex, crypto, etc.
I don’t doubt that you can name these assets if you have enough trading experience. Over 40 video lessons are available through LimeFX’s media center. These brief animations cover a variety of topics on different assets and using the two platforms that the broker offers. Traders can also watch a live webinar each week from the broker’s in-house analysts.
The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. limefx website Cryptocurrency assets are unavailable to UK residents excluding registered professional traders. LimeFX come in the form of spreads and overnight swaps. There are no trading commissions charged when trading on any of the cryptocurrency CFDs covered. It is automatically charged in case there is no activity on a trading account for more than 30 days.
LimeFX Review
LimeFX offers two trading platforms, the LimeFX Web Platform and the world-famous Metatrader 4. Apart from having more competitive spreads with a VIP account, the only other benefit between the accounts is the addition of tools like webinars, account managers, and trading signals. While it lacks the level of depth and specialist knowledge that a broker dedicated to one type of trading has, it does have a great range that is perfect for beginning traders. The amount of different LimeFX options available to you means you can try out different things to see what suits you personally. The source of this information is the website and the broker’s trading platform listed in the Web section of this review.