LimeFX Review 2022 – Chomesh L'Chinuch

LimeFX Review 2022

LimeFX Review 2022
Chomesh L'Chinuch

LimeFX offers 1-second execution making it highly efficient. Your browser will redirect to your requested content shortly. Author at Scamrecovery.net Brandon Linton has spent the last 2 years writing financial reviews.

LimeFX Review and Information

The cTrader platform is ready to download from the website once you have completed the registration process. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Your Forex and commodity of choice should fill you at or close to the market price you see when you click the “buy” or “sell” button. Bonus and promotions are important, but you should not make this a major factor when settling for a Forex and commodity broker. It would be best if you were careful on this as some bonuses are aimed to entice you to strike a deal with the brokerage firm.

There are a range of useful tools and techniques available such as market indicators, charting tools, advanced risk management, scripts, and real time market execution. Meta trader 4 – A flexible and easy-to-use trusted software by traders and institutions. On top of expert advisors and technical indicators, it provides you with charting tools for price fluctuation and market trend analysis. The platform allows you to develop your own expert advisors and technical indicators to suit your trading style.

Octa Fx Review 2021:rating, Leverage, Deposit, Scam Or Legit Broker?

Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity. There is also an Islamic swap-free account for those worried about whether trading is haram or halal. Note clients from the United States are not accepted at LimeFX or Octa Markets Cyprus Ltd. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email.

LimeFX offers a promising trading service for novices and experienced traders, with a choice of MetaTrader or cTrader platforms as well as the Copytrading app. The broker offers fee-free deposits Warren Buffett and withdrawals, plus Islamic accounts and a demo solution. The ECN spreads are also decent, though not as competitive as the zero spread accounts offered at other brokers likeXM, for example.

The support team is helpful if you need to know your withdrawal pin, any platform problems, VPS questions, or you want to delete an account. Typical variable spreads for EUR/USD are around 0.7 pips in both the MetaTrader and cTrader platforms. Gold spreads start from around 2 pips and major indices such as NAS100 are around 3.5 points. For those using Mac PCs, LimeFX why trade forex also offers the web terminal version of MT4 and MT5, meaning traders can access the markets straight from an internet browser. With over 1.5 million trading accounts and a long list of forex industry awards, the founder and owner have ensured the company has amassed a global reach. MetaTrader 5 Pro– This is the account to choose for the more experienced trader.

The broker also applies 3D secure Visa authorization when processing credit and debit card transactions. LimeFX has three account types that are normally determined by the trading platform used. All accounts have a minimum trade volume of 0.01 with no maximum threshold.

LimeFX Review and Information

This will tell you whether they are regulated by a central authority or if LimeFX-Pro is an offshore and/or unregulated entity. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations. A little bit of preliminary research can go a long way in protecting you and your finances. LimeFX-Pro is an online trading broker owned by N/A and located at St. Zip.

Ctrader

Read on to find out if LimeFX is a good forex broker or not. What differentiates these accounts are the spreads, commission, minimum deposit and assets available to trade, as discussed later in this review. LimeFX also has swap-free accounts for Islamic traders who cannot pay or receive interests based on swap-rates. LimeFX traders can open a demo account that provides the same trading experience as a live account but without risking any real investment. Each demo account is loaded with unlimited demo dollars and opportunities to participate in the broker’s demo contest to be one of the next champions. You can sign up for a free demo account in just a few minutes.

LimeFX Review and Information

With full market depth, traders can also execute advanced online trading strategies as well as programmable algorithms. It provides Meta trader and c Trader platforms supported by mobile , web and windows desktop. It also offers CDF trading on metals, cryptocurrencies and indices. LimeFX is designed for all traders; beginners and experienced, with easy to open accounts.

Go for Forex and commodity brokers offering different accounts type so that your trading styles are not limited. Various account types will allow beginners to use beginner-level accounts and transit easily to other accounts after advancing their skills. Also, expert traders will have the freedom to use any account for maximum benefits. Based on this user feedback, it appears that LimeFX-Pro is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. LimeFX uses 128-bit SSL encryption and PIN codes in the personal area and trading platforms, which is the industry-standard security requirement for protecting personal data.

The company’s headquarters are located in Saint Vincent and the Grenadines, with an additional support office in Jakarta, Indonesia. The broker’s EU entity, Octa Markets Cyprus LimeFX Review: Is forex broker LimeFX Scam or Not? Ltd, is located in Limassol, Cyprus, and is regulated by the CySEC. MetaTrader 5 – This multi-asset platform offers outstanding trading possibilities and technical analysis.

LimeFX

LimeFX has a very interesting contest that traders can choose to participate in for an opportunity to win some great prizes, including an iPhone every month. It is called the SuperCharged real contest and all a trader has to do to take part is open a real account, make the minimum deposit, and tick in a box to take part. There are also some rewarding LimeFX Forex bonuses to make trading a little more interesting.

  • At the time of writing, LimeFX is not offering any free bonus deals, no deposit bonus deals, or promo codes.
  • Users can also activate bonuses, access trader tools, and deposit into their accounts.
  • Alternatively, if you need to cancel a withdrawal, you can do this within your personal area.
  • Please note, the availability of cryptocurrencies is subject to regulations.
  • Lovers of football will be pleased to know that LimeFX is currently the sponsor of Southampton Football Club.
  • Trading commissions are only charged in the cTrader account, at 0.03 USD per 0.01 lots.

It is authorized and regulated by top authorities in the Forex trading arena; hence is very safe and secure to use. LimeFX also provides educational research tools to guide you as you run your trades. LimeFX MT4 mobile appLimeFX (non-EU) also offers a downloadable proprietary copy trading mobile app, currently available only on Android devices. The app allows you to manage and keep track of trading accounts whilst on the go. Users can also activate bonuses, access trader tools, and deposit into their accounts.

Got Scammed By LimeFX

There are various instruments available like 28 currency pairs, 4 cryptocurrencies and many more. Please note, the availability of cryptocurrencies is subject to regulations. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. For smooth trading, go for a broker with a good customer service team that can help you if a problem arises or when you need technical support. LimeFX has variable spreads of EUR/USD currencies at around 0.7 pips for Meta Trader and cTrader platforms. Regardless of the broker chosen, every time you enter into a trade, you will be required to pay transaction costs in the form of spreads or commission.

You can also sign in to your new account using the Android app. No, LimeFX is a No Dealing Desk broker and therefore acts as an intermediary between the trader and the real market. LimeFX receives commissions from its liquidity providers for each transaction. Discover a broker you can trust by reading our in-depth and honest reviews, created by industry experts. CTrader – allows users to execute advanced online trading strategies such as programmable algorithms.

It is amazingly customizable and the interface is new and exciting. There are a few more bells and whistles than MT4, so this option is one that is definitely worth trying, especially as there is the option of a free demo account. 0.5% commission is paid for a perfect money deposit, but there is no commission charged for any other deposit or withdrawal method. The withdrawals generally take 1-3 hours for approval and 30 minutes for fund transfer. It makes no sense to use Forex and commodity brokers that do not use money transaction modes available for you.

LimeFX (non-EU) offers several deposit bonus deals, including a 50% bonus and a 100% bonus during special offer periods. In addition, there’s the Trade & Win promotion where traders can win gifts such as LimeFX t-shirts or gadgets. All the normal payment channels are supported by LimeFX, including bank wire transfers, Skrill, major debit and credit cards, as well as UnionPay. Traders can choose to make deposits either in USD, or EUR, with the minimum deposit being only $5.

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At the time of writing, LimeFX is not offering any free bonus deals, no deposit bonus deals, or promo codes. Make sure to check the bonus conditions before participating. LimeFX is a legit company registered in Saint Vincent and the Grenadines. The EU entity is registered in Limassol, Cyprus, and regulated by CySEC. If you’re unsure whether a broker is a scam or a legit company, you can always check out customer reviews online. There is also an email form, however, the fastest way to get in touch is via the 24/7 live chat service, which you can access by clicking on the chat logo at the bottom of the website.

LimeFX offers money transaction modes available to all their users, for example, Bank cards and local bank transfers for traders within countries such as India, Nigeria and Thailand. The LimeFX clients should also pay attention to the payment processing. The broker only processes payments through the client’s profile on the official websiteor the LimeFX Trading App and the LimeFX Copytrading App.

To delete your account, you will need to get in touch with the customer support team. Note accounts are automatically deactivated if you never deposit or sign in to them. LimeFX offers a few fast funding methods which vary depending on your origin country, including bank cards, Perfect Money, and Bitcoin. Local bank transfers are also available for traders from certain countries, including Thailand, India, and Nigeria. Both platforms come in several languages, including English, Arabic, and Hindi, and are compatible with Windows PCs.