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With her VIP signals and masterclass strategy I have a secured source of income and 50,000+ members make maximum profits in few days. We have scanned fees that LimeFX charges when trading popular currency pairs, here is their breakdown in pips. LimeFX provides customer support via multiple channels, including email, phone lines and live chat, which can be done through Viber, Telegram, and Facebook Messenger. Interestingly, clients can communicate in different languages, such as English, Spanish, Portuguese, Chinese, and many others. This is an amazing service, accessibility is among the widest we have seen.
While these articles may be very helpful, this broker’s educational resources are very limited. Just click on the register tab and fill in the information requested on the registration page. You will be given a login number, which you will be using to access your LimeFX account. Once you log in, you can create a live account or a demo account. The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
The company has grown to attract 2 million clients and opened offices in 8 global locations, across three continents. The main office is located in Mauritius and the company is also regulated by the Financial Services Commission of the Republic of Mauritius. We found that this broker offers four different account types and conditions can differ significantly, based on which account has been limefx scammers chosen. If you’re interested in opening an account with this broker, we highly recommend reading over our comprehensive guide to ensure you choose the very best account type for your personal trading style. The broker provides customers with access to the MetaTrader 4 and the MetaTrader 5 platforms, giving them a choice from more than 250 financial instruments and several account types.
Does IG offer MetaTrader? Does LimeFX offer MetaTrader?
The broker has some research and analysis tools on the LimeFX Limited website but none on the LimeFX International website. Also, there tends to be more research resources in the Russian language than English. It is important to know that you can only withdraw your funds through the same means you used when depositing. LimeFX is not authorized or regulated by any of tier 1 or even tier-2 financial regulators. It is regulated by the FSC in Mauritius and the FSA in Saint Vincent and the Grenadines, which are poorly trusted, tier-3 financial regulators.
Day Trading can carry a high risk to your capital can be very volatile and prices may move rapidly against you. Only speculate with money you can afford to lose as many trading methods carry leverage which mean you may lose more than your original deposit and be required to make further payments. CMC Markets, a UK based CFD provider is a newer company that has seen a relatively strong rise in popularity since it began offering its services. „Average Risk” (70-79) – Average Risk brokers are firms we generally consider to be safe, but that may warrant a closer inspection before you open and fund a live trading account. At the least, we always encourage traders to check the regulatory licenses for Average Risk firms to verify that they are regulated in their own country of residence. To practice trading strategies in a virtual scenario before risking financial losses by trading assets in real markets using a live trading account.
The use of the MetaTrader platform would support this view, as this is the software of choice for Forex traders. The LimeFX broker does not charge commissions on trades and https://limefx.name/ offers extremely competitive spreads and floating leverages based on trading account type. The minimum deposit requirements with this broker can differ significantly.
LimeFX International – Copy Trading
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider limefx forex broker whether you can afford to take the high risk of losing your money. Fxexplained.co.uk is an affiliated partner with various forex brokers and may be compensated for referred forex traders.
- MT4 supports three order execution types and it observes a Fill or Kill order filling policy.
- It provides the full suite of MT4 and MT5 trading platforms, across desktop, web and mobile devices.
- 1) LimeFX NZ has a lot of payment options and elektronic payment options such as Moneybookers, Skrill.
- Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we’ve determined that, overall, IG ranks more highly than LimeFX.
- LimeFX International gives its customers the option to deal with commodities.
- For the large volume traders, this is a broker that you should take notice from and try as they will welcome you with open arms and provide you with very good trading experience.
It the total notional value reaches $8 million; the leverage will fall to a minimum level of 25 to 1. If you plan on trading cryptocurrencies and individual stocks, due to regulatory rules the maximum leverage offered is less. LimeFX International operates a web-based MetaTrader 4 and MetaTrader 5 platform, with a dealing desk. Both platforms will provide a great level of flexibility, including modern and intuitive charting tools and simple navigation. This website and the information provided does not constitute LimeFX advice or personal recommendations as your specific financial circumstances have not been considered. Trading CFDs on leverage involves significant risk of loss to your capital.
🧐 Is LimeFX a Scam?
The broker does not charge any fees or commissions on any of the impressive number of payment options it supports. From Spain to the US and Australia, these indices offer investors excellent exposure to various local markets. MT4 supports three order execution types and it observes a Fill or Kill order filling policy. The version that can be downloaded for free at the broker’s website, comes with 30 preinstalled technical indicators, and it supports 31 graphical objects for technical analysis. According to some reviewers/clients, the brokerage is “in trouble” in India as well, where it has removed some of its popular withdrawal/payment methods.
However, this platform is only available in the demo version and is not available for live trading. On the platform, larger depositors get more competitive spreads. Using the Alpppari platform, traders can use between ECN and market-maker execution models. For Islamic account holders, the platform allows has a swap-free option to help them with their trade. Another feature to note is that LimeFX has maximum leverage as high as 1000 to 1.
I do trade with LimeFX NZ Broker for 6 months and this platform is really Good. LimeFX is a popular choice for investors who are looking for some of the lowest margins when trading Forex. If they can move on from the regulatory and insolvency issues under previous ownership, there is a solid product underneath. If you are new to trading, lack confidence or are short of time, you could benefit from the LimeFX Copy Trading feature.
- We will guide you through little steps to register and start using LimeFX.
- The second section gives an overview of some more technical information.
- Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage.
- LimeFX offers different trade-able assets, including Forex, indices, commodities, stocks, and Cryptocurrencies.
- Our review was also pleased to see the broker offers binary options, known as fix contracts.
When comparing tier-3 licenses IG is BMA Authorised , while LimeFX is FSC Authorised ., neither have SCB Authorised , IFSC Authorised , FSC Authorised , CIMA Authorised and VFSC Authorised . For our 2022 annual forex broker review, we spent hundreds of hours assessing 39 forex and CFD brokerages to find the best forex broker. When it is impossible to trade online due to some reason, traders have the ability to place orders by telephone. This is done according to a very strict communications protocol designed to avoid errors.
A big team of highly motivated professionals who have a great passion for their work. LimeFX provides some handful materials for trading, especially for beginners. With live webinars and other useful guides for forex trading and strategies. In addition to those 4 types, there are 2 options to stop loss or take profit while trading.
Basic information from this LimeFX Review
We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey. However, the broker is regulated by the SVGFSA which does not provide as strong protection to traders as 1st tier regulatory bodies . Considering that there are hundreds of brokers with stronger regulation and quite highly possibly with better trading conditions too, it makes little to no sense to trade with LimeFX. For the seasoned trader, one of the features of LimeFX is that it uses the MetaTrader platform for spread betting.
- Meanwhile, the charges for Bitcoin and WebMoney amount to 1% and 2%, respectively.
- Some of the common funding options include Mastercard, Neteller, Webmoney, China Union Pay, Fasapay, Bitpay, Litecoin, and bank wire transfer.
- They do offer negative balance protection, so if a market changes quickly against your current trade, your account won’t fall into a negative balance.
- They are known for running regular promotions for their clients, such as the long-running loyalty cashback program.
- Evidentially from the LimeFX forex review, they have some of the most attractive Forex leverage levels that can be combined with the best trading technology for active trading.
LimeFX in our opinion is thou more the larger traders as their Pro account gives access to the ECN account those traders would want to trade with. For the smaller accounts and beginners, there are simply better options like LimeFX Top MT4 Broker. For the large volume traders, this is a broker that you should take notice from and try as they will welcome you with open arms and provide you with very good trading experience. Of these, only the ECN MT4/MT5 account charges a commission of $1.5/lot per side. LimeFX enables you to trade in 32 currency pairs in their micro account, while the professional account holders can trade in 57 currency pairs.
A cryptocurrency LimeFX portfolio is an LimeFX portfolio consisting of different cryptocurrencies in various proportions. As mentioned they have better in house educational tools than most. They had enough time to fully optimize this, and their service is available when needed through the means of telephone, fax, email. While its education section is somewhat limited, LimeFX’s support is great. The selection of platforms offered by the broker is great, as is its tradable asset selection.
We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other. Roker platform is available in a variety of languages, including English, Russian, Portuguese and Chinese. The market cap for cryptocurrencies has already surpassed 100 billion USD. Bitcoin is one of the most liquid cryptocurrencies and therefore has been the flagship of all cryptocurrencies. You can download the platforms for PC, Trading Apps for iPhone and iPad, Android Trading Apps free of charge .
The platform also supports some 44 graphical objects, which are useful for technical analysis. Given these convoluted payment processing avenues, it is hardly surprising that some trader complaints have been aimed at the way the broker has treated deposits. A bevy of documents need to be submitted with the deposit to prove card ownership etc. Please make sure you understand all requirements in this regard.