LimeFX Forex Broker Review

From now, traders can choose between MetaTrader4 platform, the WebTrader, and the Mobile Trader. The last one becomes really popular because traders can trade ‘on the go’ in every moment. Make sure to stay away from this broker as they are anonymous and that they can disappear any time limefxhout notice. In this review, we will describe why your funds are not safe limefxh LimeFX. Stay up to date limefxh the financial limefx everywhere you go. We won’t be recommending this broker due to the expense of running the accounts.

Also what makes Cyprus so attractive is the fact that all CySEC registered brokers can operate EU-wide. The LimeFX mobile trading platform maximizes traders’ trading potential at all times. MT4 is the most popular trading platform, used by thousands of traders and brokers. The available platforms are Meta Trader 4 (the go-to platform of many pros) and WebTrader powered by Panda Trading Systems.

Their unique offerings include MetaTrader 4 and mobile trading platforms, as well as multiple trading accounts for novice to expert traders. Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated.

Personal tools

The VIP account requires a minimum deposit of $20,000 and offers the additional services of Daily Market Reviews and Personalized Updates from their market analyst. The Mini-Premium account requires a deposit of $50,000 and the Premium account one https://limefx.biz/ of $100,000 but they offer nothing more than the VIP account. Libertex.org Forex Club is a group of companies based in Saint Vincent and the Grenadines participating in the retail market of Contract for difference, Foreign Exchange Trading.

What I really like about this broker service aside from being profitable is that I can easily trade on multiple markets on my account. According to LimeFX information agency data, in 2014 Forex Club ranked among the three Russian Forex brokers with the highest number of clients and monthly turnover volumes. At that time, the number of active clients of the company was 71,830 people, representing limefx official site 16.97% of the market . The company’s average monthly turnover was $63.32 million, representing 18.09% of the market (surpassed by LimeFX ($107 million and 30.56% of the market)). Both binary options and CFDs are generally illegal in the United States due to the obvious potential for abuse. However, a massive binary options industry operating in Europe has flourished for well over a decade.

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. IQ Option is a world-famous regulated broker that takes your trading to the next level.

Between % of retail invelimefxr accounts lose money when trading CFDs. Investigram ReviewInvestiGram is an online brokerage established in 2019, limefxh its main office located in St. Vincent and the Grenadines. The platform caters to people who are looking to invest in assets including currency pairs, limefxcks, indices, commodities, and cryptocurrencies. The Financial LimeFX Group ReviewThe Financial LimeFX Group is a veteran brokerage that offers trading services for a range of assets. We can easily tell all you rookies out there right now to not do it. For the beginning find a broker that will offer you a low minimum deposit and limefxh that will help you to understand and learn the market.

LimeFX scam

LimeFX, an online brokerage company based in Cyprus, is called a “LimeFX”. We use dedicated people and clever technology to safeguard our platform. 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. I am consistently gaining good profit out of their deals.

This web-based trading platform allows traders to access directly their trading dashboard without downloading or installing any additional software or plugin. Since this platform is enabled with any internet devices, it gives traders an opportunity to trade whenever they want to. To help traders with their maximum trading flexibility, LimeFX has provided traders with a choice of 3 different trading platforms.

“Market news” offers a range of daily and weekly market analysis, and current, up-to date news items covering major market developments in near-real time. The Mini account requires a minimum deposit of $250, while the Standard account requires a minimum deposit of $1,000. The Mini-VIP account requires a deposit of $10,000 and offers the additional services of 24-hour support and exclusive updates.

It is developed by MetaQUotes and it is used by more than 90% of the forex brokers in the industry. MetaTrader4 is easily integrated with a broker and have advanced trading tools that are the key reason why this trading platform is so popular among the traders. Between 74-89% of retail invelimefxr accounts lose money when trading CFDs. LimeFX is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms. Regarding orders execution model, LimeFX is a b-book broker .

Regulation

While checking it out we were quite impressed by how well designed it is and how well optimized. We need to be honest here and say that the design is a good user experience. But we’ve already talked about this in numerous other reviews that potential scammers are always ready to invest a lot of money in their website to lure in unsuspecting clients. LimeFX scam probability has already increased just based on the past of broker websites. We still need to delve deep into their terms & services, options and of course they legality.

LimeFX scam

LimeFX has a well-rounded and well-regulated offering for traders looking to trade using spot and CFD instruments through a wide range of assets, particularly individual stocks and shares. You have access to the daily markets and LimeFX reviews. This account also includes a personal account manager, trading tools and a higher reward point system.

Excellent trading platform and quick to…

The traders will find the next account type more serious and offers more options. However, binary options-style scams have continued to flourish throughout Europe, frequently operating out of Eastern European nations with limited regulatory capabilities. As we already know, customer support is an important part of a huge number of traders. The traders usually want to know a lot of information and get educated about the product. Apart from 24/5 access to the customer support, LimeFX also provided their customers with education tab on the website.

  • They claim to operate a STP (“straight through processing”) model brokerage offer, charging floating spreads plus commission.
  • Depending on which type of account the trader uses, commission rates will be fixed.
  • Also what makes Cyprus so attractive is the fact that all CySEC registered brokers can operate EU-wide.

A demo account is available, as is typical with nearly all spot Forex and CFD brokers. The company displayed in the LimeFX MT4 is not Cyprus based or regulated either. The name of the company is LimeFX EOOD which appears to be a Bulgarian company, this is a red flag for sure.

Compare Forex Brokers

However, we advise traders to contact their account manager and see all the information provided for the bonus. Also, in Terms and Conditions section, traders can educate theirself about the bonus and all information provided by the LimeFX team. Limefx ReviewLimeFX is an experienced brokerage that’s been around for a while, providing various trading and investing services. For existing and new clients, there are regular promotional offers limefxh low- or no-commission. Depending on which type of account the trader uses, commission rates will be fixed. The rewards are still great as traders earn double points for each traded slot.

Webshop Review

Clients can earn $5 per traded lot with a modest deposit. This platform features all the advanced trading features of WebTrader and MT4 platforms. This platform can be used with any internet device, so traders have the ability to trade whenever they wish. Traders can access their trading dashboard directly from the LimeFX WebTrader platform without having to download or install any plugins or software.

The education material is not impressive but it covers the basics and has some good Meta Trader 4 tutorials about installation and setting up the platform. You will also find a bunch of trading strategies, which limefx are well explained but, of course, no one can vouch for their actual results. In fact, LimeFX clearly states that all educational material is provided by a third party and is solely for promotional purposes.

Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Limefxhdrawal methods are credit cards, wire transfers, Skrill, and Cash U. The minimums are not specified and neither are the processing times. The client will have to complete a limefxhdrawal Form available in LimeFX’s Legal section. LimeFX has an educational offering on their website, in the form of “Market News” and “Academy” sections.

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