LimeFx forex brokers reviews: LimeFx Forex Brokers Reviews
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Some traders prefer to trade a limited set of currency pairs, while others will enjoy trading unique patterns using specific indicators over longer or shorter timeframes. In this way, the Market Scanner is a unique tool for technical traders. Still, it is important to note that it does not consider a trader’s personal circumstances and trading objectives; therefore it should not be considered LimeFx advice. As always, be aware that past performance is not indicative of future results. Overall, LimeFx offers a limited range of tradable instruments compared to other large international brokers, and traders cannot manually change the leverage levels of each instrument. LimeFx offers traders easy access to the Forex market with the Trading Station and MT4 mobile platforms, available on Android and iOS.
Our ultimate guide to the LimeFx minimum deposit is updated regularly. LimeFx’s technical research and educational tools are high-quality and well-organized. This can be important because the investor protection amount, the maximum leverage allowed and the regulator differs depending on the entity. Only the clients of Forex Capital Markets Limited and LimeFx EU LTD are covered by investor protection. You can reach them in many ways and you will get fast and relevant answers.
You can withdraw from a locked account by emailing I would be happy to investigate the issue if you can please email me at If there is ever a question about the execution of a trade, you can file a trade audit. We have a team dedicated to dealing with these specific situations. I already open others broker which I already start to trade.
Trade with a Regulated Broker
LimeFx is trusted platform for algo traders and stable for small balance traders ..Also they do my withdrawal in a day.. No deposit and withdrawal fees are always good to see and the customer service is very helpful. From cryptocurrency CFDs to exchange-traded securities to Forex trading, the broker enables these trades to be connected to over 43 exchanges across the Asia Pacific, Europe, and North America. Based on the global exchange allotted to the trader, the trading instruments may vary with additional offerings apart from the ones stated above. LimeFx offers an economic calendar, and using the demo feature; one can test the difference in the expected value and the actual value to develop strategies for real trades.
As mentioned in this LimeFx review article, there are two types of user accounts; demo and real accounts. New users can use the demo account feature to understand how the trading platform works . Once they are certain about the trading tools and strategies, they can try real trading. However, for real money trading, users must make an initial deposit, which varies for the type of real accounts, which is standard and active trader accounts. LimeFx is well-known for forex trading, spread betting, CFD trading, and similar services providing online brokers. The LimeFx official website claims to provide access to some of the most liquid markets across the globe.
How we ranked fees
Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
Is LimeFx a good forex broker?
LimeFx is regulated in three tier-1 jurisdictions, making it a safe broker (low-risk) for trading forex and CFDs. In our testing, LimeFx earned Best in Class (top 7) for its Platforms and Tools, Professional Trading, Algorithmic Trading and Social Copy Trading.
I opened a trading account with LimeFx, made a deposit of $ 1800 and then made a profit of approximately $ 2,700. After that I ordered the withdrawal of the principal capital ($ 1800) and the withdrawal was successful. LimeFx has very strict regulatory requirements in regards to deposits and withdrawals and must in all situations verify that deposits are in the name of the account holder.
Web Platform
Tighter spreads are available with the Active Trader account. Starting his career in finance on the floor of the Chicago Mercantile Exchange, Dan later gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan also traded at a couple of different prop trading firms in Chicago. The minimum deposit at LimeFx UK is £50 for all payment methods and account types. Fees on LimeFx depend on your account type, the instrument you are trading, and the size of your trade. Overall, the educational materials available are comprehensive, in-depth, and cater to traders of all experience levels.
The maximum leverage available depends on where you are based. LimeFx offers a broad range of methods for both deposits and withdrawals. Withdrawal via credit/debit cards are free, but bank transfers can be costly. Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker’s desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other ‘need to know’ features. We test the broker’s platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money.
How much is LimeFx withdrawal fee?
What is the cost to withdraw funds? There are no fees for withdrawals by credit card or debit card. A $40 withdrawal fee will be charged for all Bank Wire requests.
Compared to its contemporaries, the LimeFx trading platform is one of the very few regulated brokers with physical offices worldwide. Thus, users can reach them via the means mentioned above or directly visit their nearest office. For general inquiries and account related inquiries, users can send an email to and , respectively. During our research for this review, the LimeFx web version claimed to be offering over 52 trading indicators and 26 trading tools. Nevertheless, the web version does not have all the features found in the desktop version. Thus, as per our Trading Station review findings, the desktop version is ideal for advanced traders, while Trading Station web 2.0 is easy to use for beginners or new traders.
LimeFx Customer Service
Active Traders pay commission fees of $50 to $60 round turn per million worth of trade. Trading Signals – These easy-to-follow trading signals can help you limefx courses scam decide when to buy, when to sell, and where to set your stops and limits. Signals are generated and updated in real-time 24 hours a day, 5 days a week.
- I have confirmed this through their own technical support departments.
- I traded for a week with 50 dollars, I got scared and I requested my money a profit back.
- To give an overall view of how cheap or expensive LimeFx and LimeFx are, we first considered the common fees on Standard Accounts.
- The real account consists of the standard account and the active trader account.
- LimeFx has a variety of payment options for depositing funds.
Over the course of providing retail traders access to the markets, LimeFx has received numerous awards to highlight its services. We’re sorry to hear you didn’t find success with your trading; however, LimeFx does not ‘create extra volatility’. Forex pricing is set by price competition from multiple liquidity providers.
Leveraged trading comes with a high level of risk and can often result in significant losses. Overall, we judged that LimeFx has an impressive range of tradable instruments, well above average for the industry. Spreads at LimeFx are variable, meaning that they fluctuate slightly. The size of the spread depends on the level of liquidity in the market.
Please submit your normal e-mail address that can be used to contact you. You can find a wealth of educational informaiton on the LimeFx website as well as its YouTube channel. In addition to a YouTube channel and a complete library of trading videos, you can get a better idea of LimeFx’s offerings from a tutorial video situated on its website. The 1st tier ranges limefx from $10 to $25 million traded per month and pays $5 per million, while the 5th tier pays $25 per million if you traded a minimum notional amount of $300 million per month. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
After about a week, I received another email from their operations department in UK to submit my bank/debit card statement and employment details. Then after almost a week, I received another email from their Chinese operations to explain the origin and details of some amounts in my bank statement . STAY AWAY FROM LimeFx. I have replied for them to return the deposit to its source and Wil close my account when that is done then move to a different broker .
Global Brokerage, Inc. the previous parent company of LimeFx filed for bankruptcy in late 2017. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun. In doing so, we often feature products or services from our partners.
The rating system provides a clear picture of how well your broker fulfills this service. LimeFx does not charge fees for credit card withdrawals, but bank wires can cost as much as $40. However, if you are in the UK and you open a GBP account you can use the BACS withdrawal method free of charge. Usually, withdrawals are processed by LimeFx in 1 to 3 business days. With a history of over 20 years, LimeFx has been a pioneer in bringing online currency trading into the mainstream. In its early days, the company introduced innovations such as automated trading and flexible position sizing.
Who is the Most Trusted forex broker?
- Best Forex Brokers.
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- XTB Online Trading: Best for Low Costs.
- IG: Best for U.S. Traders.
- LimeFx: Best for Trading Experience.
This spread is only offered as a floating spread and generally starts from 0.6 pips on major forex pairs. You can though lower your starting spread to as little as 0.1 pips if you qualify for the LimeFx active https://limefx.name/ trader program. Shares CFDs are also traded through LimeFx on a commission-free basis. The LimeFx group has companies registered and regulated by many of the most respected regulatory organizations in the world.
The company platform offers one of the best selections in terms of tight spreads and low prices, which are balanced through your single account with them. For some entities, it offers a low minimum deposit and trading on leverage. They also provide professional education and research sections available for free. 63% of retail investor accounts lose money when trading CFDs.