LimeFx forex brokers reviews: LimeFx Forex Broker Review and Rating 2023 Detailed LimeFx information with traders reviews for 13 March 2023

LimeFx forex brokers reviews
LimeFx forex brokers reviews

Most people only look at leverage when considering what instruments to trade the market with, but liquidity is far more important. Good CFD brokers win hands down over spot forex brokers, lime fx and are way better than spread betting firms and Futures brokers. This is impossible to do with spread betting or Futures, because they do not follow the underlying market 100% linearly.

The proprietary trading platform, LimeFx WebTrader, is the only one offered at this broker. While LimeFx introduces it as a next-generation trading platform, it lacks core functionality, including support for automated trading solutions, as it only serves manual traders. LimeFx also fails to introduce its trading features. It makes bold claims inspired by marketing efforts but does not provide details. A one-page trading platform introduction only shows a clean user-interface. The lack of transparency suggests that it remains a sub-standard solution, more than fifteen years behind its prime.

LimeFx forex brokers reviews

Phone verification results in a $20 cash bonus; in addition, LimeFx will provide clients with one free trade. If the first trade results in a loss, LimeFx will reimburse the loss, up to $500. Completing the mandatory account verification process unlocks an additional 20% deposit bonus; limited to $1,000, it will be credited within 48 hours of the initial deposit. It should be noted that it appears that LimeFx allows clients to make a deposit without account verification.

Gain access to our comprehensive range of market news and analysis to plan your trading strategies, directly to your email. The best ever trading app, best account manager, best education while trading and best ofers. I declare that the provided information is true, correct, complete and submitted voluntarily. I undertake the obligation to inform immediately LimeFx in writing in case of any change to that information and to provide any other data or documents, if necessary. These funds are kept only in top-rated international banks. Also, it also hosts a tablet trading app with an advanced graphical interface, quick transactions and deposits, full activity reports, intuitive navigation, and alerts setting.

Is LimeFx a safe broker?

Peace of mind is guaranteed by ample regulatory compliance in a number of jurisdictions that apply to client deposit security, order execution performance, and general operating transparency. LimeFx does publish some financial news content on a daily basis; however, the content is quite brief and fails to provide usable trading signals. In its place, traders receive a snapshot of the asset and its recent price action. While a blog is available, the last written update was made in October 2019, while the most recent video submission was in December 2019. It also has a cryptocurrency section, but LimeFx does not offer cryptocurrencies as tradable instruments. It confirms the lack of functionality of the proprietary LimeFx WebTrader, together with the misleading marketing that continues to label it as a next-generation trading platform.

TopFX is not publicly traded and does not operate a bank. TopFX is authorised by zero tier-1 regulators and one tier-2 regulator . Well, now I trade here for a substantial time to state this broker is a legit one.

  • It has a great reputation, an interesting and generous bonus system, great trading software and mobile apps, as well as a wide variety of assets and trading instruments.
  • Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
  • I thought I would have issues with withdrawals here but it was before I had joined this broker.
  •, however, chose to go down the innovation path that focused on Contracts for Differences .
  • The firm even pays you a bonus, if you are quick to get this documentation completed.

I want to say that there are training courses for beginners as well as different trading strategies. Like Bitcoin) So, other brokers do not provide this, so LimeFx is now in the first place for me. You see, I am a fan of the Forex market and it is interesting to trade with different brokers. I was very impressed by the fact that bonuses can be received not only on a deposit, but also after verification and confirmation of the phone.

Because LimeFx first started out processing CFDs it has developed its own trading platform

I’m also concerned about the technical side of trading, in particular, execution. For me it’s important to exit and enter the market with no freeze, whenever I want this. Fortunately, the broker ensures it so it can trade intraday conveniently. I’ve made sure that it’s trustworthy and has nothing to do with scheme schemes I’m always afraid for. Well, three months are enough to understand that I’m dealing with a genuine company. Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case.

LimeFx forex brokers reviews

No country on the payment selection page shows them as a choice. Given that, it remains unclear what funding or withdrawal options clients can actually use. LimeFx does not charge deposit or withdrawal fees, but third-party costs may apply. Withdrawal processing times, per the FAQ section, can take up to ten business days. As you can see, LimeFx has taken the benefit of offering bonuses fully onboard and offer a great array of special offers. But as you can also tell there are a number of onerous terms and conditions, which is what often trips people up.

That’s good because you know any broker today can be a scam. Secondly, I got familiar with government bonds here for the first time. I read a corresponding article on the site and now I trade them. That’s so good that I had extra margin, so I allocated it to hold long term trades on these assets. The broker’s custom platform is not so good, compared to MTs, but it’s acceptable. It’s not the only broker that offers such assets but it’s the first broker that drew my attention to this.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFx is regulated in multiple jurisdictions and offers forex and CFD traders its own trading platform, yet with barely 200 symbols that you can trade it trails behind the best forex brokers. LimeFx is a renowned online Forex trader with years of experience in the field. The broker offers trading in a wide array of instruments. The headquarters of the broker is in Cyprus and is also regulated by the Cyprus Securities and Exchange Commission .

One account choice for real money as well as a free demo account

The trading platform used in this account is MetaTrader4. LimeFx grants traders a four-step welcome bonus. A first deposit bonus of between 30% and 60% will depend on the initial deposit amount; for example, a minimum deposit of $2,000 qualifies for a 60% bonus.

LimeFx forex brokers reviews

I can’t say that it’s my major permanent broker but nevertheless I work with it. There are some nuances I don’t like here but at least it’s not a scam. I made sure that it carries out a genuine activity. Needs to review the security of your connection before proceeding. LimeFx is a regulated broker with a clean track record, in operation since 2003. LimeFx also offers a dedicated complaint resolution process.

A minimum deposit of $250 characterizes the account. The account comes with both the desktop and mobile trader. If a trader opens the standard account, he can get an additional benefit of interacting with a demo account. It makes it suitable for the beginners as it gives them an opportunity to find their way around the trade risk-free. A trader with the standard account also has access to an economic calendar and daily market reviews via video.

TradeATF Minimum Deposit

VIP clients are valued by LimeFx and are offered several incentives. Traders should consider their spread preference before choosing the account type they wish to use. The cost of trading depends on different factors limefx review like commissions, spreads, and margins. In the world of forex broker companies, it counts much for the company’s reputation if it has been honored with awards from esteemed organizations or publications.

That there was no loss of connection to the server or anything like that. Everything works without glitches.By the way, there are no slippages. It also offers a cashback program, despite not charging commissions. It confirms that this broker is well aware that it is home to the most expensive trading environment. New traders can consider the educational section at LimeFx, which also publishes daily trading ideas.

Which trading platform is better: TopFX or LimeFx?

Leveraged product trading magnifies a trader’s potential profit – but of course, also increases the potential loss. This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade. The platform has also eased order execution as the platform has automated features that allow the traders to make orders at the most convenient times. Friend, I will not be mistaken if I say that LimeFx is one of the most reliable brokers in the world!

You may also be pleased to know that LimeFx is not adverse to scalping. Forex Trading Broker Review and comparison reports are a good way to look into what the industry offers. Not just in term of well rated brokers, but also what trading instruments these brokers have to offer. With the advent of online CFD trading, forex traders have looked past spread betting, Futures and the spot markets themselves. CFD contracts do offer some unique flexibility, affordability and exceptionally good liquidity, unique to CFDs.

All materials are divided into several categories. Because when I opened account with this broker, I didn’t know how to trade. I cannot say whether they are helpful or not based on my experience. When I encounter some unfamiliar trading term, I can look up its meaning in this dictionary. That happens when I am looking for some helpful information on forums.

From stat-arb and trend-following CTA to fixed-income relative value. Firm’s he has worked at include big banks like Citi, and prominent hedge funds including D. LimeFx offers nearly 40 different ways to deposit funds, $100 being the minimum amount required. In addition to credit and debit cards and banking wire transfers, they support a host of ewallet and domestic payment provider alternatives. Withdrawals must follow the same deposit route, per law, and withdrawals will be a snap, as long as AML documentation is in order, once again as per international law.

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