Forex Trading Broker Online LimeFX International

Forex economic calendars make sure that the investors are always informed of the relevant economic news. In this way, the trading forex investors have an advantage to either prepare or plan their trading driven by the event or reduce the risk levels on the way. The next page will ask users to enter their personal information such as name, address, identity proof, etc. Once the details have been entered, the exchange takes users directly to its trading page. 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. Claim your profile to access Trustpilot’s free business tools and connect with customers.

If you think banks are a «scam» as well, then we have no more questions for you. It is worth noting that such a small fine indirectly demonstrates the recognition by the regulator NFA absence of fraudulent actions on the part of the company. If you have been gambling in the Forex market, you have probably suffered losses for this reason. One minute before the release of important news — they stop trading.

  • LimeFX also does not offer a welcome bonus or deposit bonus or the advantage of a no-deposit bonus when traders register a real account for the first time.
  • We will definitely check everything and will be happy to publicly give a detailed comment.
  • When it comes to reliability, LimeFX has a well-established record and licensing and regulation in various countries.
  • LimeFX’s MT4 and MT5 apps allow traders to work from anywhere, with nine timeframes, 30 indicators, and interactive currency charts.

LimeFX clients in the UK will be trading with LimeFX Limited, registered in St Vincent and the Grenadines . For all intents and purposes, the BVA FSC is not considered a forex broker regulator and applies no supervision of any CFD trading-related activities. Clients must rely solely on the reputation of LimeFX, as no additional measures exist to ensure client protection. However, in a show of good faith, LimeFX segregates all funds from the company’s operating capital, and it offers negative balance protection to all its clients. While LimeFX International does maintain an educational section, the available content is scarce and fails to provide significant value to new traders. The Forex Trading Webinars section is empty, but the Beginners Guide to Trading grants a brief introduction to the fundamentals of Forex trading.

Withdrawal does not arrive

Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. If this low rating on the forums is a concern to you, there are some brokers that have a much higher rating and more or less exactly the same trading conditions as LimeFX. I have done full reviews on LimeFXand BlackBullMarkets, which both have outstanding reviews on ForexPeaceArmy. Their Live Chatis also available if you want to get in touch instantly.

LimeFX scam

Withdrawals are processed and returned to the original method you used to deposit the funds. When it comes to mobile trading, LimeFX has an awful lot to offer. They have dedicated a lot of time and resource to make sure that they are at the forefront of mobile. For those that like to trade in several instruments and not just Forex, there are various apps available to download. As seems to be the case with many Forex brokers now, LimeFX does not offer deposit bonuses anymore.

Micro Account

New LimeFX International investors may benefit the most out of the Copy Trading feature on the platform. The type of trading offers the same trading experience to a trader but the account will copy all the moves of the professional traders known as Strategy Managers, through the platform. This automatic process of Copy Trading does not require any action of the users as the account automatically copies the trade.

However, the referral link with the „old“ domain still works. We will follow the broker’s news and be sure to update the information here, so check out the LimeFX review on our website. Please contact our support team for the assistance specifying the request number. We will be glad to see into your case and provide you with the answer in no time. They will keep saying they are working on it, it has been declined by the payment gateway and they are investigating. It is obvious they are not doing anything, basically you can only deposit into this broker but can never withdraw which pretty much makes it a total scam broker.

The LimeFX brand indeed reputable one among the market offering, notwithstanding the fact of its weak point of recent regulation. Nevertheless, we can recommend LimeFX as a trustable broker to trade with. While many forex brokers offer similar trading features, you may be considering opening an account with LimeFX. Before you make your final decision, there could be questions that you would like answered. Using our comprehensive and detailed review, you can discover whether this is the right broker for you. LimeFX makes 4 life trading account types available, Standard, Micro, ECN, and Pro.

It is also worth pointing out that if you are going to be transferring funds between accounts and a currency conversion takes place, then LimeFX will try to convert the rate at close to market. Metatrader has also included a market depth chart and economic calendar right on the platform. The former is helpful to determine the order flow whereas the latter will help you time your trades around important announcements. To augment these analysis tools, the MT4 platform has a range of different order types that you can use to strategically enter / exit positions. For example, you can place a number of different stop losses both fixed and floating. LimeFX does not charge any trading fees or commission but they will charge a spread on the assets that you are trading.

If LimeFX wants to continue providing the best service then they need to reconsider this. LimeFX is an ECN broker which means that they offer Straight Through Processing of their client’s orders. This means that on these ECN accounts, traders are getting close to the market rate on some pretty low spreads.

Of course, if you do not want to risk your funds at first on a live account then you can always opt for the free demo account on offer at LimeFX. (max 50 USD / 50 EUR)FasapayUSD, IDR0.5%0.5%Online BankingTHB3%2%These fees seem a bit high for us. This is especially at a time when we are seeing other brokers providing free funding / withdrawal options.

LimeFX Review 2022: Is It a Reliable Forex Broker?

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. 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. With a range of accounts on the MT4 and MT5 platforms, LimeFX caters well to professional traders who are prepared to pay high minimum deposits for low ongoing trading costs. However, LimeFX offers a limited number of tradable assets, which may leave some traders dissatisfied. One of the first forex organizations in the CIS countries, one of the oldest and largest brokers in the world.

LimeFX scam

They have accepted my withdrawal and the fund was sent as they claimed. I have send the full report from my bank that there is no actual or reversal transfer from them but they still make excuses. I will have to fill up charge back form to make claim with master card via my bank card issuer since i have done initial deposit through mastercard. Yes, this LimeFX review significantly focuses on the reliability and security of the trading platform. LimeFX International is not only reliable and safe but also strictly regulated.

Trading Platforms

Conversion fees can make trading very expensive and are usually not presented on the fee report but affect your profitability. Overall, LimeFX provides various payment methods, and its processing times are quicker than other similar brokers. The main drawback limefx company reviews is that fees are charged on most withdrawal types. Overall, LimeFX’s trading fees are higher than average on its instant execution accounts, but extremely competitive on its market execution accounts, however, these require higher minimum deposits.

MT4 is supported on both web-based platforms and mobile devices and it is extremely comfortable for any trader to trade on the go. The Central bank of Russia announced on Thursday it had revoked the licences of the country’s largest companies that provide clients with access to the forex market. These companies, which include LimeFX, LimeFX, Forex club, TrustForex and Fix Trade had violated central bank regulations. Also, it has revoked the qualification certificates of the chiefs of… Yes, the demo account is available to new traders that want to try out the site and the Nano account allows you to trade in cents. When it comes to reliability, LimeFX has a well-established record and licensing and regulation in various countries.

  • We know how much you care about your money – that’s why we have a wide range of options for you to manage it.
  • One minute before the release of important news — they stop trading.
  • It is a pleasure to work with the company for investors, who expect ample opportunities for profitable LimeFXs in proven solutions.

Firstly, we were quite disappointed to see that there was no way to trade single stock CFDs. You can only trade index CFDs which are not ideal for those people who want to trade companies instead of the broader market. Of course, our LimeFX review could not really be complete unless we didn’t list some of the things that we did not like and that warrant improvement. These seem quite exciting and LimeFX keeps the list regularly updated.

Facts about

Client funds remain secure and segregated from corporate funds. Withdrawal charges depend on the chosen withdrawal method too. E-wallets do not cost a penny but for a standard bank transfer, the withdrawal fees can cost almost 30 dollars, a percent of the fund amount. The popular payment options are – bank wire transfer , Bitcoin, Neteller, WebMoney, Skrill, VLOAD, Perfect Money, credit cards, debit cards, and many more. It is fast and also allows users to open an LimeFX demo account.

MetaTrader4and MetaTrader5are the platforms offered when trading with LimeFX. MT4 is available to trade on all account types, whereas it’s worth noting that MT5 is only available on MT5. Both are good platforms to trade with and are well known within the trading world.

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