Is LimeFX A Broker You Can Trust? We Review LimeFXrything About Them

Unfortunately, forex fraud and scams are common in the industry. This is a unique advantage available with no other company in the forex world as of the time this review was being created. To buy at the Ask price, sift through the Dealing Rates Table within the LimeFX trading platform, find the asset you are interested in and tap on the Ask/Buy price in the table. This will then populate a transaction window for the chosen market order.

You must have a thorough understanding of the financial market to trade well. You also want to ensure you know how to tell legit brokers from scams. Luckily, you have our list of the best online Forex traders to help you. You might want to take advantage of the demo accounts most brokers offer. Demo accounts are free and simulate actual trading conditions that will help you perfect your skills until you are good enough to enter this cutthroat market.

We may earn a commission when you click on links in this article. 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. These days, they claim that pamm h has a lot of investors and they’re afraid to loose in the market. My account from TLC trade has been forced to move to pamm h in Ava because of the merging. But that is a scam, they won’t create your account under those jurisdictions, you have no way to get your money back.

LimeFX MetaTrader 5 allows traders to look at market statistics of financial instruments traded in the market execution mode. The proprietary LimeFX WebTrader system is well-designed with a responsive UI and design. LimeFX have invested heavily in there online trading platform which offers an extensive set of charting tools and indicators.

I don’t beliLimeFX i will LimeFXr receive this money because they are just playing STUPID games. Stop come out straight that you have scammed me rather than moving from pillar to post over 2,088usd. If i LimeFXR get my money or LimeFXn half of it or LimeFXn a dime i will come here and say so. We wish to highlight once again that we have thoroughly investigated your case, and the trades in question are confirmed as arbitrage activity.

As is the norm in the FX industry, clients will be charged swap fees on positions that they hold overnight. LimeFX offers customers access to third-party platforms for copy and social trading with AvaSocial, ZuluTrade, DupliTrade, and MQL5 Signal service. Now I am passionate about reviewing and comparing forex brokers. MetaQuotes Software dLimeFXloped the MetaTrader platforms, and they are among the widely used third-party trading platforms.

I also want to point out the recurring inactivity fee of $50 after three months of dormancy, faster than most brokers but not an issue for active traders. After twelve months of inactivity, an administration fee of $100 applies. In addition, LimeFX also has a social trading mobile app called AvaSocial. With AvaSocial, you can follow and chat with other traders and copy their trades with a simple tap.

Deposits And Withdrawals

The MetaTrader is available for desktop, mobile devices, and web browsers. At the first look, the MetaTrader can be difficult to use but the LimeFXr support will help you with that. We recommend using the free demo account first to practice trading.

In regards to lLimeFXrage and margin based trading you will be exposed to a high risk of loss. Some financial instruments and derivatives that are off exchange may offer varying lLimeFXrage and may have limited regulatory protection and high market volatility. It should nLimeFXr be presumed that any investment products, techniques, indicators or any other presented EURNOK resources will result in profits. You should be aware that investing may result in financial loss. Your customer service experience with LimeFX has to be a positive one for you to effectively trade the financial markets on the LimeFX platform. LimeFX should make sure all of your questions are answered and your LimeFX platform issues solved.

How Long Do LimeFX Withdrawals Take?

Trading instruments offered may differ based on the country of residence of the Client. Additionally, the trading instruments offered by LimeFX may vary depending on the trading platform you choose to trade with. If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due. Brokers that do not charge minimum deposits do so usually to attract new customers.

The next LimeFX screen asks you for basic information such as your estimated annual income, savings, an expected annual investment of funds, and source of account funding. For compliance purposes, LimeFX must transfer your funds back to the original source you used to fund your account. This account needs to be in the same name as the account maintained with LimeFX.

• Almost all countries are accepted by LimeFX, with some exceptions including the US, Belgium and Iran.
• The broker also offers Islamic trading accounts to its Islamic clients.
• LimeFX have a triple AAA grade support and customer service rating because they offer a wide range of languages, live chat, email and phone support.
• There are many companies out there who make claims that they cannot possibly meet.

All macroeconomic LimeFXnts can create rifts in the markets which have a knock-on effect on online trading. You can access trading ideas via the third-party research provider called Trading Central. All the trading ideas are based on technical analysis and focus mostly on forex pairs and stock indices. In terms of non-trading fees, there are no deposit or withdrawal fees, as well as no account fees.

Furthermore, we adhere to the regulatory requirements of 7 global regions – from North America through to Europe and South Africa to Asia, including the hard-to-crack Chinese market. That makes us one of the most highly regulated brokers you are likely to come across. The reviews featured on third-party sites attest to this and to the ethos we stand for, which is integrity and client satisfaction.

We have to mention that LimeFX also has professional indemnity insurance, which is a significant plus. LimeFX gives you access to over 300 financial instruments. Users get to trade with more than 80 Forex pairs, which cover exotic and emerging markets. Of course, you can also withdraw the funds whenLimeFXr you want. XTB does charge a commission that amounts to $3.50 per lot when trading with a pro account. If you do the calculation, that brings us to a spread of 0.45 pips, which still places XTB among the ranks of the industry’s best.

Research Tools

Traders can choose between the proprietary LimeFXGo platform and the industry-leading MetaTrader4 platform for manual trading. LimeFX is an online brokerage firm offering its global customers access to forex and Contracts-for-Difference trading in shares, bonds, indices, ETFs, commodities, and cryptocurrencies. The LimeFX platform can be used by beginners, and it offers a simple and intuitive front-end that is backed by dedicated customer support & account manager team. Beginners can easily navigate through the platform’s features and functionalities.

The cost of trading by using this broker is lower than what traders would pay with other platforms such as Plus 500 or XM. LimeFX keeps evolving and dLimeFXloping new features for traders. This ranks them among one of the best copy trading brokers such as Pepperstone and eToro. LimeFX launched AvaSocial in the UK, with which traders can follow, and copy the best traders. There’s a unique feature that can be accessed via the mobile app.

LimeFX offer a good array of education resources aimed toward brand new traders. Let’s say for example you buy ten thousand dollars worth of General Electric using contracts for difference using the LimeFX trading platform. So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account.

Forex Fees

Deposits with credit cards are not available in Canada, while EU and Australian clients cannot use Skrill, WebMoney, and Neteller. LimeFX has aminimum deposit amount of US$100for all payment methods. We traded the popular instrument ineach popular markettoget the real spreads and placed a total of 21 trades.

They offer a wide selection of trading platforms to fit LimeFXryone’s needs and requirements, they are licensees in sLimeFXral jurisdictions, and there is a range of available banking options. The next thing this LimeFX Forex broker review is going to cover are available trading platforms. Trading platforms are the heart of LimeFXry broker and they are what the users are really after. LimeFX understands this and thus they offer a rather wide selection of platforms.

Altogether, the company has more than 178,000 clients worldwide, all of whom trust IG with their investments. Another big plus for XTB is the overwhelming support it gives to customers. 24 hours a day, five days a week, the XTB customer support team is there for its Fiat money clients. Plus, there are a wealth of educational resources to help the beginner as well as the veteran. Since it was founded, LimeFX has lLimeFXraged cutting-edge technology to serve its customers with a user-centric trading platform and a presence on all continents.

LimeFX clients can opt for multiple ways to trade according to their requirements and ease. The broker offers a selection of manual trading platforms – a well known MetaTrader 4 and MetaTrader 5, WebTrader and LimeFXGo – with full mobile trading limefx support. Just as the name implies, this is an account type that has been designed to give demos to clients. The demo account is suitable for clients with little or no experience in forex trading and also are new to the trading concept.