LimeFX Ltd Mega Scam Scandal Your Forex Trading Forum

Its powerful charting functions, large number of indicators and algorithmic trading functionality have made it one of the most widely used trading platforms in the industry. Stay informed of the latest market movements, analyse your trading performance, and manage your account with ease. Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available. LimeFX offers Forex webinars and educational videos for beginner and advanced traders. An E-book collection also gives more information about things you should know before starting to trade. LimeFX’ spreads are dependent on the account type with spread offering normally starting from 0 pip spread on the Zero Account and higher on the Prime account – about 1.5 for EUR/USD.

Probably our only real complaint is that the broker does not offer cryptocurrency trading. They could also expand their stock offerings, but in all honesty, there are plenty of assets available to keep any trader busy and pleased. Withdrawals are also processed on the same day, but both business units charge a 3% or £3 fee per transaction. Withdrawals are only sent to the same method that was used for depositing, unless a credit card was used and more than 6 months have passed since the deposit.

LimeFXforex broker

The truth is that successful trading requires dedication, perseverance, education, and plenty of hard work in analyzing price action and trading strategies. Another popular financial instrument offered by LimeFX is energy treating such as natural gas and crude oil. LimeFX also limefx company reviews offers trading CFDs in commodities with a choice of 6 soft commodities like soybeans and coffee, five energy commodities, and metals like gold and silver. Traders at LimeFX can also trade with the 16 leading global indices and stocks such as NASDAQ, Dow Jones, UK100, and S&P 500.

Overall, the management team at LimeFX demonstrates a comprehensive and ever-changing global regulatory environment with a market maker mindset. The promotions at LimeFX include loyalty prizes, deposit bonuses, and a loyalty program. Note that these leverages are applicable only if the traders maintain the minimum deposit requirement of $100 and $2500 in their Prime and Zero accounts, respectively. As per LimeFX review, here every new client needs to fulfill basic compliance checks to make sure they understand all the risks and uncertainties that come with forex and CFD trading.

The following table shows an example of the type of spread offered by different account types, starting with a zero pip spread on Zero Account and going up to 1.5 pips for EUR/USD with Prime Account. Furthermore, there is a demo account available that can be used to test the broker platform and trading conditions. Traders who go with LimeFX can choose between two types of accounts. In general, you could say that the Prime account was designed for new traders, and the Zero account was designed for experienced traders.

Does LimeFX offer guaranteed stop loss?

Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments. It provides cross-border transactions in 200 countries and territories and more than 150 local currencies, with its cross border wire transfers, online payments, and refillable debit card services. LimeFX offers demo accounts for the ease of inexperienced traders.

ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations. A variety of partnership programs are also available including Business Introducer, White Label, Web Affiliate, Sponsorship, Liquidity Provider and Referral with the aim of achieving mutual strategic growth and expansion. LimeFX is licensed and regulated by CySec , EEA authorized by regulatory bodies of all EU member states.

Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute LimeFX or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. Yes, LimeFX offers demo accounts so you can test your trading strategies before risking any real money. Inexperienced traders can open a demo account in order to become better acquainted with the areas of Forex trading and test out some of the features before signing up for a live account. In this fast-paced universe of financial markets and trading, you will need advice to make educated decisions.

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The term “good broker” may vary from trader to trader, according to their requirements. LimeFX offers trading services in foreign exchange, CFDs, indices, stocks, shares, and futures. Coming to user experience, LimeFX offers the popular MetaTrader 4 forex trading platform available on desktop and mobile apps as per many online LimeFX reviews & research. The forex broker also offers their custom-made Gwazy trading platform. Both of these platforms are compatible with iOS and Android devices, which makes it easy to execute trades on the go. LimeFX offers minimum trades of 0.01 lots which may vary depending on the account type one uses.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Execution-only brokers, that is a broker that does not involve in any personal LimeFX advice and gives traders complete control over how they trade the markets, tend to have lower commissions. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account.

  • Apart from this, LimeFX also has the Gwazy web trading interface, which allows traders to trade the binary options.
  • LimeFX is a foreign exchange trading firm that provides traders with access to a variety of trading instruments in several markets.
  • Many traders throughout the world select LimeFX due to their scalping services.

Traders must log into their personal area, select the option for deposits, and follow the instructions to make a deposit into their trading account. Traders must ensure that they select the correct deposit currency before they make a deposit. This minimum deposit amount is equivalent to ZAR1475 https://limefx.club/ at the current exchange rate between the US Dollar and the South African Rand at the time of writing. To start live trading, you should deposit funds into your account. This process can be smooth and easy, free of complications due to the wide range of deposit options available.

Types of Trends in Forex

Bitcoin is the digital currency with the largest market capitalization and price levels since its inception in 2008. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. LimeFX Ltd is regulated by International Financial Services Commission in Belize and can offer services within the rest of the world except in the USA, EU, and Belize. The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.

Another benefit of offering the MetaTrader 4 platform is that it comes in a desktop version, a mobile version, and a web-based version and all of them synch so you can trade pretty much anywhere and at any time. Plus, money managers can use the MT4 Multiterminal which allows for trading on up to 128 different accounts simultaneously. You must understand that Forex trading, while potentially profitable, can make you lose your money.

  • There are 4 bonds offered by the brokers, including 3 US treasury notes and the German Bund.
  • It is to establish a sense of security and confidence in you before you choose to invest your own money.
  • The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage.

Equity or stock indices are actual stock market indexes that measure the value of a specific section of a stock market. They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. The cost of trading depends on different factors like commissions, spread, and margins.

Whether you’re a professional forex trader or a novice investor, the MetaTrader 4 is ideal for traders of all skill levels. Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time. Windsor’s Pip Calculator supports over eight base currencies and over 15 currency pairs and the Fibonacci calculator can generate retracement and extension levels in trends. LimeFX offers in-depth market analysis and daily technical outlooks from some of the industry’s leading financial analysts.

Traders Reviews

On 22 june 2022 I opened an account with for $30, I then traded for a week and made $160 profits. Up on withdrawal I got an eamil to terminate my account for non reason. You can only withdraw if profits are equal to or higher than $30 and provided that closed lots reach 0.5 and transactions amount to 10 trades or above.

  • Withdrawals are also processed on the same day, but both business units charge a 3% or £3 fee per transaction.
  • Let’s delve deeper into how the LimeFX site review how forex, stocks, shares, indices, and CFDs work and how one can use different trading strategies and trading skills to reap the maximum advantage out of it.
  • I did receive the bonus and traded for 2 days making a profit of 138.87$.
  • The VIP Zero account is specially designed for individuals with large bankrolls, and it is available only to LimeFX Zero account holders.

There is a difference in the fees that you’ll incur depending on whether it’s an embedded spread or commission charge. At LimeFX, you have the power of leverage to trade with. Leverage may increase your potential gains through its capability to multiply the value of your initial balance – but it also increases your chances for losses as well.

Range of Trading Instruments

When funding the trading account, traders can do it from their own bank account by sending the funds to one of their segregated client accounts. With LimeFX, traders get multiple options to fund their accounts. Traders can choose to deposit funds through bank wire transfer, credit cards, Skrill, Neteller, WebMoney, as well as other methods of online payment. As far as trading interfaces are concerned, LimeFX offers a highly trusted MT4 trading platform to its users. The MetaTrader4 interface can be easily used for accessing commodities, forex, metals, indices, and other instruments. The broker provides access to the MT4 platform through Mac OS, Windows, Android as well as the iOS devices.

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