LimeFx Review in Jul 2024 Must-Read Before You Trade

LimeFx Review in Jul 2024 Must-Read Before You Trade

LimeFx scam

As an example, the free VPS service, which not only I use for algorithmic trading, is very suitable. You don’t have to guess where to find and who to pay for renting a server for algorithmic trading. Customer support is very important for new traders, and LimeFx offers it in the form of 24-hour customer service that runs five days a week. These customer service agents will help you figure out any issue you have.

LimeFx review

Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades. If you want to trade currency pairs on global Forex markets, LimeFx offer over currency pairs.

Company Representative

LimeFx scam

With LimeFx, you can open a trading account denominated in US dollars, euros or British pounds. If you fund your account in a different currency, LimeFx will use Hellenic Bank’s exchange rates, published here. LimeFx’s trading account is also available without a swap, upon request. Open your account online and contact your account manager for more information.

User Reviews

I have no other options of remote job and I chose forex trading. In fact, I was scared to be full-time freelancer but I decided to learn anyway. I was choosing a broker quite a time and chose LimeFx because ratings and reviews are mostly 4,5+. Traders inspired by trading conditions, but i want test it myself. I know from experience that any company that provides some services always describes them as better than they really are.

The material does not contain (and should not be construed as containing) investment advice or an investment recommendation,or, an offer of or solicitation for, a transaction in any financial instrument. Stocks, currency and other commodities and instruments will be brought or sold by LimeFx even if no buyer or seller is lined up. Withdrawing money from LimeFx processing time varies depending on the method but averages 1-5 days. LimeFx allows Forex trading, CFD trading, and Share Dealing trading.

How To Open An Account

LimeFx deposits are free, easy, and instant (if you pay by card or crypto). You could also receive a 100% bonus on your first deposit, up to US$2,000. Only one account isn’t a super convenient thing, but at least conditions are superior. Instruments for forex, such as calculator and others is very convenient, but guys, add some stocks. I like the vaiety of ethods available for funds depositing and withdrawing!

At some point, I was about to give up this idea and shift to a broker with fixed spreads, but fortunately, I came across this broker that met my expectations.Its spreads are perfect. I have never seen lower floating spreads on major currency pairs – the assets I usually trade. The broker has so appealing terms and conditions for trading.

Plus the spreads are tight.My overall trading experience and profits improve by far just by changing the broker I trade with. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. LimeFx has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. The broker offers competitive and favorable trading conditions with low costs. Broker’s offering also includes no minimum deposit requirements making it a very suitable broker for beginners.

LimeFx scam

The company seems to support payment methods that offer a “money-back guarantee” such as Alipay, Mastercard, Paypal, and Visa. While this money-back guarantee is not 100% secure, it does allow consumers in most cases to get their money back if the product is not delivered or proves to be fake. Investing in oil, gold, foreign currencies and such has always been a high-risk endeavor.

LimeFx Forex broker provides a range of educational resources to help traders improve their knowledge and skills. More you will get daily forex technical analysis by forex experts, and forex news. In addition to the Forex ECN XL trading account, LimeFx also offers a VPS and depending on regulation – first deposit bonus. Clients can trade using a Virtual Private Server, which can give them three main advantages, including accessibility, security, and speed.

We found markers on this website promising an easy way to make a profit. Our experience is that investment opportunities with high returns are also likely to have a very high-risk portfolio. There does not exist a “guaranteed income” or “secure profit”. Please invest time to research this company further scammed by limefx before investing your money. Our article “High Risk Financial Investment Scams” can help. Our free app, available in beta for Android and iOS, and browser extensions for Google Chrome, Microsoft Edge, and Safari, provide real-time alerts to help you determine if a website is legitimate or a scam.

Moreover, I have always been sceptical about user reviews. I know that some people are prone to sharing their negative emotions with other people. I know that negative emotions are just like catching diseases. I don’t want to be in low spirits simply because I read a review composed by https://limefx.name/ a person who failed to cope with his negative emotions and find the real reason for his failure. Unfortunately, testing the broker on a real account is the only way to find out whether it’s truly genuine or not. I risked $150 and not only lost it but increased to $175 and withdrew $25.

  • They have the best execution model that I have used and it applies to all of their clients.
  • I like LimeFx not only because of its low spreads and generally loyal policy towards traders.
  • We score and compare forex brokers in more than 15 categories.
  • Y’all know what I done right after I entered the website?

The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request. On the surface, this is an ideal offering that provides the best of both worlds, though in practice we found some instruments pricier than others, so you shouldn’t expect superior pricing across the board. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Also, always consider LimeFx rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately. However, trading with ECN XL Account broker promises no swap charges, making you an easy calculation and great benefit too.

With CFDs, LimeFx traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset. It’s important to note that LimeFx requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps LimeFx maintain a trustworthy financial environment for its 10,000 users. Detailed information on the LimeFx trading platforms is available on their website. The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version.

After that I deposited more and continued trading with the broker and I still trade with it. As sometimes forex brokers provide MT4 but don’t do proper support and the platform is really difficult to trade on. I love their order execution and ecn xl acc which has rather tight spreads $0 trading commissions. Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes LimeFx more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100. LimeFx provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers.