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LimeFx not the first year in the forex market, they have a good track record, not too many complaints, and the only really serious problem is the lack of Islamic (non-cash) accounts. But it’s a respected, without a doubt, broker with a huge variety of trading instruments. Its own social trading platform, a multicurrency robot and a special convenient account for beginners and those who want to safely test their abilities and strengths in the world of trading.
Complementing the school are 17 video tutorials and 21 additional articles. The overall educational value provided by LimeFx represents one of the most significant asset this broker offers to clients and sets it above the competition. The broker offers various deposit and withdrawal options, including limefx official site Bank Transfer, Credit/Debit Cards and e-wallets such as Skrill, Neteller, Webmoney. However, as LimeFx is unregulated there is no strict guarantees on payment procedures. Yes, LimeFx offers online support to forex traders via a live chat option that is available on the official website.
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What are the opinions about LimeFx?
LimeFx has invested in the best platforms ever that come with perks such as fast execution speeds, user-friendly interface and easy accessibility to its many clients. Credible liquidity providers who will step in to recover clients’ funds in case of liquidation. LimeFx is a very credible company that has managed to make a great name for itself courtesy of its versatile products that cater to or different clients’ needs. This has made it become a global brand with a presence in most of the countries with the number of accounts being opened increasing each day.
Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss. There is a commission charge of 10 cents per lot charged on the Cent NDD account and $ 8 per lot on the Pro STP account. The cost of trading depends on different factors like commissions, spreads, and margins.
These accounts are offered by various online trading platforms, including stock trading platforms, foreign exchange trading venues, and commodities exchanges. ➡️ 50% Cashback program is earned when you trade as usual and get back 50 of paid spread and commission. This is only available for traders who do not have active deposit credit bonus. Forex brokers tend to lure new traders with offers of attractive deposit bonuses.
Trader Education
The 100% deposit bonus and 50% cashback program, together with its proprietary copy trading system, Share4you, represent the pillars of its success. New traders have access to an excellent educational program, scammed by limefx and LimeFx sources market commentary and research from FXStreet and Trading Central. Its primary brokers and liquidity providers are Sucden Financial , LMAX , Interactive-Brokers , and LimeFx .
If you have ever researched about Forex, you must have heard or read about this platform that holds the monopoly over trading platforms in the business. The LimeFx also engaged in trying out the MetaTrader 5, and the platform is currently being tested. At this point in time, it is only available for Demo accounts so far. LimeFx supports bank wires, credit/debit cards, Skrill, Neteller, and WebMoney. The minimum deposit ranges between $1 and $10, with processing times listed as instant. While LimeFx waives deposit fees, it does assess a fee for withdrawals.
There are four types of costs with LimeFx namely commission charges, spreads, margin requirements, and swap fees. Yes, LimeFx is regulated in Europe by the Financial Services Commission to perform forex broker and trading services in Europe. Demo accounts are also widely used by more experienced traders who want to experiment with other asset classes. For instance, a trader might be experienced in stock trading but want to start investing in futures, commodities, or currencies. Yes, LimeFx offers a good trading environment for all types of traders, from beginners to advanced.
Deposits are waived for some payment methods, LimeFx offers a selection of popular payment methods such as Debit/Credit card, and e-Wallets such as Neteller, Skrill and Webmoney. However, withdrawal fees do apply for some payment methods and the broker does charge inactivity fees after 24 months of no trading activity. With PAMM accounts, traders can increase the total amount of capital they can trade with reduced leverage requirements and reduced trading risk. They can also attract an unlimited number of investors and LimeFxs.
LimeFx has invested in the most qualified personnel with experience in the forex sector who can effectively help clients in their various arising issues. This staff also helps in offering advisory services to the clients as well as ensuring their information and funds are kept safe. An account for experienced traders which gives them access to advanced technologies to aid them in the fast execution of trades. The cent account is also designed for newbie traders or rather traders who want to stake low funds in trading. And i come to know tht pooja and his frnd tarun both did the same thing in another broker thts why thy got removed from lime fx .. Forex traders can visit the official LimeFx website and navigate to the “Trading” section and select “demo account”.
Is LimeFx legit?
Checking the documentation of corporate clients usually takes more time. Full functionality, as well as the ability to deposit funds, becomes available as soon as the documents are successfully checked. LimeFx has an advantage for investors – PAMM accounts – they include the ability to earn on transactions in the Forex market without any direct action. Investors entrust their funds to an already successful trader and have the opportunity to diversify their LimeFxs and reduce LimeFx risk. One feature of Share4you that deserves a mention is the client’s ability to adjust the size of copied positions and set their own notes.
- Launched in 2007, LimeFx is customer- focused online trading platform that is realiable and easy to use.
- The Cent Account is suitable for beginners who lack the experience or willingness to risk large sums of money.
- In 2016, LimeFx released its liquidity aggregator, MarketPlace.
- LimeFx has also a wide range of other payment methods available to clients in different countries.
- You can contact them 24/5 via live chat, e-mail, or the phone.
This technological invention trades on your behalf, completely deprived of the emotional feature that usually makes traders change their mind at the wrong time. The LimeFx broker also provides the downloadable LimeFx mobile app for Android, iPhone and iOS. Mobile apps are preferred by the majority, since they provide easy access and can be used at any time. LimeFx offers the MetaTrader 4 foreign exchange trading top platform. LimeFx.com offers over 35 currency pairs, gold, silver, cfds, bitcoin and other cryptocurrencies for your personal LimeFx and trading options. LimeFx is a Forex broker that has focused heavily on newcomers – even more than LimeFx.
LimeFx Education and Training
There is no swap on cent accounts, if anything do not forget to turn it off when you open an account. This year, the tax authorities have screwed up all brokers and traders, all transactions are now transferred to the tax authorities and with ym,wm and qiwi now no one works and does not accept payments. CIMB Bank, Verata Bank, BCA are just some of the online banking methods that have been created for Indonesian clients. However, bank deposits are available in a very limited number of regions, mostly in Asia and a few CIS countries. Next in line is the classic account used by many experienced traders.
Indeed currently MT5 platform is not available when trading on LimeFx. However we’re working on adding it to our list of platforms. Unfortunately, as this is ongoing project, we can’t share possible time period of MT5 implementation. Most traders can take advantage of any of the three offers at LimeFx. The cost structure at LimeFx is above-average across all account types.
Every trader is handled with the same care irrespective of their trading volume and amounts. This may be a part of the reason why many choose this high-quality mini Forex broker. The traders that you copy are extremely volatile and they almost always blow out your account. I have copied about four of their traders and they all eventually destroyed my balance. They all start out with good returns for the first few months, but then all of a sudden, in one day, they lose 99% of your money. It is highly possible that these traders collude with LimeFx to blow out your account so that the broker can keep all the money you lose.
In this case, the LimeFx broker is under the supervision of FSC. The Financial Securities Commission is known for strict policies and high standards and works in line with international regulation. This regulatory body maintains transparency of https://limefx.biz/ the brokers’ operations , protects customers, and abides by the law. Every Leader in Share4you service is a client of our company. We do not test trading skills of our clients, but for every Leader there is full statistics of his trading history.
LimeFx has to be one of the most controversial rating brokers, on a scale of 1 to 10, the broker would have an average score of 7.5 if you take into account both positive and negative reviews. Most of the negative reviews mention customer service, price manipulation, and occasionally unstable app performance. Positive trader reviews vary, and mostly come from traders who tend to emphasize their extensive trading experience and have actually benefited from trades. As already stated in this Forey4You review, no commission or fee is charged on deposits. For bank withdrawals, fixed commissions like $40 or €20 are charged. If you make a withdrawal via credit card, a small base fee is charged + additional 1.8%.
Traders can deposit and withdraw their LimeFx accounts via NETELLER, Skrill, WebMoney, VISA, MasterCard. Traders who withdraw via VISA/MASTERCARD credit card pay need 2.5 EUR/USD + 2.5% service fee, while those who withdraw via NETELLER pay 2% service fee. Withdrawals via Skrill are subject to a 1% service fee, and withdrawals via WebMoney are subject to a 0.5% of service fee.
LimeFx offers users the ability to access mobile trading on the go from the LimeFx and MetaTrader 4 mobile trading apps for Android and iOS systems. Both app download links can be found in the Google PlayStore or Apple AppStore. Starting with the Demo account, LimeFx gives those who want to have a feel about dealing with the company an opportunity for that. The Demo account allows going on a test drive and using the virtual money in a demo environment. I recently ordered money on Saturday, and it came to the wallet in 30 minutes, I was shocked when I found out that the finance department works on weekends, this is an unreal cool option in the company. Current bonuses, promotions, great deals and useful services (for example, Expert Advisors, robot analytics and VPS-hosting) of the broker can be found at LimeFx.ru.com.