LimeFx forex brokers reviews: LimeFx Review 2023 Is LimeFx Scam Forex Broker ️

LimeFx offers over trading instruments from various asset classes such as forex, CFDs, commodities, cryptocurrencies, indices, stocks, and ETFs. LimeFx is an established online CFDs and forex broker and has many years of experience in providing trading products and services to a global client base. The broker was founded in 2009 and is registered and regulated by the IFSC limefx website of Belize. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. Good customer service, stable platform, variable range of trading instruments. LimeFx clients can benefit from several bonus programs, including Welcome Bonus 30 for new clients, Profit Share bonus that adds 60% to any deposited amount, and Classic bonus up to 120%.

As of today, the broker offers more than 12,000 instruments across 8 asset classes. As Sharia law prohibits the accumulation of interest, traders with Islamic accounts do not pay or receive interest rates. At LimeFx, clients of the Pro-Cent and Pro-Standard accounts are credited with a welcome bonus reward of $30. This LimeFx bonus comes with a minimum deposit of $10 through any bank card payment offering. To receive these bonus funds, the user needs to sign up with LimeFx. The first step to open an account or a demo account on LimeFx for a new account user is to register themselves in the Member’s Area.

For example, you can obtain an analytics from the authoritative and well-known bureau TradingCentral and the leading financial agency DowJones. The most precise trading hours and economic calendar will serve as an additional pleasant option. If you wish to participate actively in the life of a broker to go LimeFx webinars. Although i tested some EA on different Brokers and get Different Result. Not Sure if they have best Trading condition among all brokers. You cannot hold position for long time because of the swap.

LimeFx Review Scores

One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. LimeFx offers a positive swap on EUR/USD short positions, meaning traders get paid money. The lowest weighted-average spread among all account types LimeFx at Prime-account.

Overall, this broker has something for everyone and presents it a comprehensive yet user-friendly way. Hello everyone it is possible to retrieve your stolen bitcoins. I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000. I read an article on as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame. LimeFx is a company that has access to user accounts.

Security & Protection Of Funds

Make sure to catch up with the facilities of the R-Trader account also. But remember, you can only trade with USD and EUR currencies. Not just that, the company already gained interest and reliability from over 800,000 clients all over the world. When compared with the ECN-FIX SPREAD NDD with a fixed spread, the difference is obvious in favor of the ECN-PRO NDD account with a floating spread and Commission. With the R Trader functionalities, users are not affected by hindrances such as software updates on their web browser for LimeFx. The rTrader platform has a seamless interface that is easy to operate.

It provides neutral arbitration if necessary, and provides each client with insurance of up to €20,000 in the event the broker would encounter financial distress. Below we go into further detail regarding the various aspects of the broker’s business to help you decide if it is a suitable place for you to trade. Finally, we will conclude with our independent opinion based on the experience we’ve had reviewing dozens of other brokers. We are not responsible for any action you undertake which results in financial or other types of loss.

The VIP customer can expect higher cashback and possibly higher returns on the account . In addition, you can rent a VPS server cheaply to get even better access to the markets. Some traders claim that Forex Brokers do not pay out their earnings. In the following picture, we will show you my withdrawal proof with 2 different payment methods.

Platforms and Tools

From my experience, you should use this platform for trading at LimeFx. The broker LimeFx is headquartered in Belize and is regulated multiple times . According to the website, it can be seen that it is a rapidly expanding company with more than 900,000 customers worldwide. It’s gained its excellent reputation by sticking solidly to a mission of customer service and satisfaction, and that’s a principle it continues to operate by today. Besides the license the broker has also procured a Category A regulation from The Financial Commission . This is an international licensed issued by TFC, which is in the U.K.

It should be noted that while CFD trading is preferred by short-term speculators, long-term investors prefer investing in real stocks. In addition, LimeFx guarantees that your losses do not exceed your account balance. Trading is a highly leveraged activity and trading volatile markets can result in losing more money than is available in your trading account. Scalping in the forex market involves trading currencies based on a set of real-time analysis.

The minimum deposit required to open this account is 10 USD or 10 EUR. The account comes with a floating spread starting from 0 pips. At LimeFx, users in different markets are limefx assured of a seamless trading experience. It is currently servicing international Forex investors, and over a million traders have opened a demo account with the platform.

LimeFx also has the Verify My Trade certificate and openly advertises it. From my personal experience with this broker, I can also confirm that the execution is very fast and reliable. As you might imagine, the customer support staff at LimeFx is just as professional as is everything else at the broker. This volume requirement is for one full lot traded for every bonus dollar received. That condition is for one full lot for each dollar of bonus received. So a trader who deposited $300 and received a $150 bonus must trade 150 lots to be eligible to withdraw the bonus monies.

Fraud Accounting! Check your statement properly!!!

This program has three levels – Silver, Gold, and Platinum, with each giving an increase in bonuses and cash-back. This international license is issued by an organization with offices in Hong Kong and the U.K. The purpose of TFC is to provide a neutral arbitrator when needed, and to provide clients with insurance coverage up to €20,000 in the event of financial distress in the company. We immediately found that this broker is ideal for execution thanks to offering both STP and ECN access to the markets.

By using this user-friendly platform, traders are sure to have an enjoyable and successful experience as it grants them access to top-of-the-line charting tools and technical indicators. With this copy trading tool, you can easily attain financial success by simply emulating the strategies of proven professionals! This platform is ideal for beginner traders, as it allows them to learn from the strategies of more experienced traders while still making money in the process. LimeFx’s cent accounts are an ideal way for novice traders to enter the lucrative world of forex trading. This personal account allows traders to deposit money and trade with small amounts of money, as all positions are multiplied by 100. This means that a trade of 0.01 lots would only require $1 to open.

What’s more, you don’t have to worry about where to store them and how to cash out, since you’re only trading CFDs. Please note that for long-term investing, traders prefer owning actual assets to CFDs. As already mentioned, initially LimeFx solely https://limefx.biz/ specialized in Forex before expanding its offerings to other markets. The broker offers 40 currency pairs, which is not that impressive when compared to other Forex brokers. I believe LimeFx is one of the few reliable forex brokerage platforms.

• LimeFx is one of the few brokers that do not charge inactivity fees.
• The best thing about LimeFx is there are lots of opportunities available for their clients across the year.
• However, they should keep in mind that high leverage also increases their risk level, as any losses will be amplified.
• The only thing I would improve is their fees and spreads, other than that everything is fine for me at least.

LimeFx’s R Trader is designed for traders of all skill levels, offering an effortless experience with its straightforward and user-friendly interface. The account gets disabled when bank cards are not verified. But I verified everything and in the backend all verifications are ticked.

Easy and fast account opening with LimeFx

Since rebates are not bonuses at LimeFx, the client can utilize this offering for the benefit of leveraging their exchange accordingly. Of course, there’s also an economic calendar available that covers a wide array of upcoming events. There’s also a complete set of fundamental data in this section, including indicators, giving clients a complete fundamental picture in one spot. One final positive for some is the fact that LimeFx, as you might have guessed from the name, embraces all kinds of automated trading. Bonuses are only available and cannot be withdrawn as cash. Of the 1,921 reviews on ForexPeaceArmy, LimeFx receives an “Excellent” rating, with an average of 4.6 out of 5 stars.