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LimeFx Review Is LimeFx Scam or Satisfactory as a Broker?

However, there are fees on withdrawals for bank wires, cryptos and e-wallets. Trade a dozen major indices, including the Dow Jones, NASDAQ, S&P and DAX. Prices are competitive with zero commissions and a minimum price fluctuation of 0.01.

  • LimeFx allows Forex trading, CFD trading, and Share Dealing trading.
  • Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
  • Some LimeFx trading features can be complex when trading on mobile or using the LimeFx online trading platform.
  • Don’t be scared off by brokers like LimeFx charging a minimum deposit to open a trading account.
  • I think it is a great success to be a part of global processes.

Let’s explore each of these trading platforms in detail and what options LimeFx gives you. LimeFx is regulated,
governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers’ behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like LimeFx you should be sure they’re legitimate online agent. LimeFx does not charge a commission per trade while all costs are presented by the spread from 0.1 pips. You may refer to the current comparison of spread for the most traded instruments, as well as compare LimeFx spread to another popular broker BlackBull Markets.

Importantly, all instruments benefit from zero commissions. This makes LimeFx a low-cost trading brokerage when compared to alternatives. Live spreads average at 0.2 pips for EUR/USD and around 1.0 pip for GBP/USD. LimeFx has a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver.

Account Creation Process

Yes, LimeFx gives traders access to major cryptocurrencies like Bitcoin, Litecion, and Ethereum available on a CFD basis. Yet note, that instruments may vary depending on the jurisdiction. Yes, FXC is regulated by Cyprus Securities and Exchange Commission (CySEC) company considered low risks trading broker. Brokers that are not regulated mostly operate in the following manner.

We provide a wide range of deposit and withdrawal options from various providers, which caters to almost every client’s needs and is truly global. Payment methods include Visa, MasterCard, American Express, Discover, Neteller, Boleta, Skrill, Yandex, Neosurf, paysafecard, Rapid, SOfort, Bank Wire Transfers, and UnionPay. Detailed information about crucial interest rates used by global central banks and an extensive range of tools used daily, including interest rates, is also offered.

  • LimeFx blog providing me with wonderful analytics on various markets and instruments.
  • Technical language and terminology can be confusing with brokers like LimeFx.
  • The broker also does not conduct seminars, webinars or podcasts.
  • I started with a small deposit, and I have already increased the rates several times.

LimeFx may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing LimeFx terms and conditions to understand the commission fees and any other charges that may apply is essential. LimeFx requires a minimum deposit of 500 GBP/USD/EUR when opening an LimeFx trading account.

Traders can make a deposit of any amount as there is no fixed rule for deposit. It supports hedging and rules guiding Islamic banking and finance. Also, all new users stand a chance to enjoy a 100% deposit bonus on their first deposit. LimeFx https://limefx.biz/ offers one of the best trading platforms in MetaTrader 4 (MT4) for desktop, mobile devices and directly through your web browsers. MT4 is provided by the majority of trading brokers due to its simplicity and user-friendly interface.

Who is LimeFxGlobal?

MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.

I am personally satisfied with this brokers regulation and wouldn’t have any problem using them for my trading. If you would prefer some more top-tier regulators, then you might want to consider City Index as an alternative limefx scam option. For clients who maintain a minimum balance of $2500 and trading volume above 30 standard lots monthly, the broker provides free VPS access. This service offers improved security, speed and accessibility.

Does LimeFx offer CFD trading?

It’s essential to remember that the payment methods provided by LimeFx vary based on the LimeFx entity and the LimeFx client’s country of residence. To view the LimeFx payment options available, you can log into your LimeFx member’s area. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors.

Trading Platforms

With Negative balance protection, traders cannot lose more money than they have deposited. If you’re interested in comparing LimeFx against other popular brokers in the industry, check out our LimeFx Vs pages. Our team has compiled a series of detailed LimeFx comparison articles, pitting the LimeFx platform against some of the best-rated LimeFx competitors in the market. Dive into our informative LimeFx Vs pages below to find out how LimeFx stacks up against other leading brokers. It is important to note that LimeFx may request additional documents or information to verify your identity or comply with regulations.

LimeFx  Review

It guarantees the security of clients’ funds by keeping customers’ money on a segregated account. Tight spreads and favorable trading conditions are not mere marketing cliches when it comes to LimeFx. Overall, LimeFx is a multi-asset brokerage firm that gives you access to trade over 200 financial instruments via the popular MT4 trading platform. You can benefit from a range of competitive trading conditions, such as low spreads from 0.0 pips, zero commission fees and reliable execution speeds. There is only one trading account type but several payment methods for you to choose from. Beginners can take advantage of some basic educational content and see what the broker has to offer with a demo account.

You are not the only victim of the forex scam, and we’ve heard many stories. Safety Reviews is here to help you file a successful chargeback dispute. If you own this website you can update your company data and manage your reviews for free. The domain name of this website has been registered several years ago. In general, the older the website the more trustworthy it becomes.

The broker offers competitive and favorable trading conditions with low costs. Broker’s offering also includes no minimum deposit requirements making it a very suitable broker for beginners. It’s a brokerage company that involves trading and it was launched in Cyprus and it stands for FX Central Clearing.

Online investing with LimeFx can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial. If considering trading financial assets with LimeFx, evaluating the LimeFx platform is important. Evaluation includes researching the LimeFx management team, track record, and services. When it comes to online trading with brokers like LimeFx,
carefully review LimeFx as your broker can make or break your success. Choosing the right broker is essential to ensure your LimeFx investments grow and flourish.

The best part is traders with any account type can access all trading instruments provided. LimeFx offers traders a 24 hours customer support service all through the week from Mondays to Fridays. There are several great reviews about the efficiency of their support service. Reports tend to be resolved within a very short period of time.

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