LimeFx Forex Broker Review and Rating 2023 Detailed LimeFx information with traders reviews for 24 November 2023

The main benefit of trading CFDs is that you can speculate on asset prices without owning them. When trading CFDs, you can use higher leverage and go long or short to benefit from price moving in any direction. In order to open a live trading account, open the broker’s main page.

  • Some major currency pairs like the EUR/USD,
    GBP/USD, and USD/JPY are offered with spreads as low as 1.2 pips.
  • It’s essential to note that the same payment method used for deposits must also be used for withdrawals.
  • The platform offers customer service five days a week, including a phone helpline for urgent resolutions of customers’ queries.
  • The diversity in trading platforms is extensive, ranging from desktop-based online platforms to mobile app variants.

If you ever want to share more of your experiences or have questions, feel free to reach out. The broker provides advanced trading tools, a large
selection of financial instruments, extensive trading resources, and up-to-date
market data to help you become a successful trader. A Contract for
Difference (CFD) refers to a financial contract that pays the difference in the
settlement price between the open and closing trades. A CFD is a derivative
product as it allows traders to speculate on a financial market such as forex
without having to buy or sell the underlying asset, in this case the actual
currency pair. Hello Lucas,

We’re thrilled you’re enjoying our wide range of services and instruments! Choice and flexibility are key, and we’re here to provide that for you.

LimeFx Instruments Summary

LimeFx does not list minimum deposit or withdrawal requirements and does not levy internal fees. Traders may face third-party processing costs or currency conversion fees. Supported transaction currencies are USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF.

  • Overall, LimeFx is a reliable broker that
    provides traders with an enjoyable experience.
  • Moreover, for traders who find it challenging
    to place manual trades all time, the platform offers one-click trading that
    simplifies the whole process.
  • The integration of cutting-edge encryption technology stands as a fortification shield, safeguarding clients’ delicate personal and financial information.
  • When choosing a forex broker, there are numerous things to consider.

LimeFx’s mobile app also provides push notifications that
inform traders of any relevant news or market updates. This helps them stay
informed and make timely decisions when trading. The leverage level can be adjusted according
to the traders’ individual needs, allowing them to take control of their
trading strategies. For example, if a forex trader has $250 in their account,
they can take a position worth up to $250,000 with the help of leverage. The LimeFx platform also offers a detailed
charting package, helping traders to make better trading decisions. With a deep
liquidity pool in futures trading, traders can take large positions without
worrying about slippage.

MT4 platform

One of the most common questions every new trader asks – Whether the broker is legit or a scam? People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Traders must submit their name, e-mail, country of residence, mobile number, and date of birth.

Information regarding a business’s commitment to promoting ethical trade throughout their supply chain will be shown here, if applicable. We’ve consolidated extensive resources to address all your queries. Explore our FAQs or navigate through categories to find comprehensive answers to your questions. Talk to our skilled and trustworthy professionals if you’ve lost money trading with LimeFx. Simply attempting such action intentionally or unintentionally is forbidden and attracts a fee of EUR 60.

Essec Business School – Access MBA

Hi Depan N,

Thank you for taking the time to share your positive experience with our company! We’re delighted to hear that you appreciate our transparent trading conditions and the full-fledged academy we offer. We believe that providing educational resources is an essential part of our commitment to our clients, and we’re thrilled to hear that our efforts in this area have been successful. We’re also glad that you find our trading conditions convenient, including our Webtrader, Metatrader, and mobile platforms. At LimeFx, we’re always striving to provide the best possible experience for our traders, and we’re grateful for your feedback.

LimeFx seems hellbent on holding on to any money that enters your account, no matter what. Hidden in the Client Services Agreement are some very disturbing clauses. LimeFx does not allow you to make any reversals or chargebacks after making a deposit. Any gains the company makes that are distributed to shareholders as dividends are their property. Most portfolios typically are built on shares, which historically have outperformed other investment options over the long term. Client funds are held in segregated accounts with top-tier banks.

You can trade manual and automated trading strategies in the MT4 platform. LimeFx also offers a range of advanced
trading orders, such as limit orders, stop losses and take profits. These
orders allow traders to control their risk better and also take advantage of
market volatility. Compared to other brokers, the leverage
offered by LimeFx is relatively high. It enables
traders to potentially magnify their profits if the market moves in their
favour, but losses as well, if the market moves against them. Metal trading is an excellent option for
traders looking to diversify their portfolios and spread the risk.

Is this broker regulated?

Hi Aryo,That’s fantastic to hear about your positive experience with LimeFx! 🌟 We’re delighted that you found our account types and Live TV feature helpful for your trading journey. If you ever need further assistance or have more feedback to share, feel free to reach out. The cent account is a simple account alternative created by the broker majorly for beginner traders. Many traders feel that the demo account does not really replicate the experience of the reall trading environment, so the cent account is a safer alternative to the usual tradingh account. You can also use it as a pro because all of the trading is done in cents, which has less value.

Kwakol Markets Review

Professional traders can pick the best account based on their requirements, risk tolerance, and trading tools and objectives because these accounts come with various spreads and conditions. Hi Kolya, We’re glad to hear that you find value in our cent account! 🙌🥳 It’s designed to provide scammed by limefx a more realistic trading experience for beginners, allowing them to navigate the markets with real cents rather than high-value currencies. It’s great to know that you appreciate the practicality of trading pips and gaining hands-on experience in a live trading environment.

LimeFx is authorised and regulated by the Seychelles Financial Services Authority (FSA). The fact that the broker is regulated by the Seychelles FSA makes it possible to offer higher leverage. When it comes to trading, it’s essential to trust your broker with your money. To be able to do that, you need to make sure that your broker is regulated. The stricter the regulations, the better your funds are protected.