Check our article on How to check if a forex or investment site is legit or a scam?. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. LimeFx places its clients’ funds in segregated accounts with several international banks, separate from its own accounts.
- It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results.
- Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market.
- Though LimeFx provides only one account type and one platform, the ECN XL is a pretty strong offering that will work for traders of all experience levels.
- As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
- CFD trading on LimeFx allows traders to speculate on the price movements of various financial instruments against the broker LimeFx, without actually owning real assets.
Is it possible to use more than 3 indicators in the LimeFx trading platform for better analysis?
The daily technical analysis is available directly on the website with updated information and a successful retest of the next sufficient momentum. 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. Our free app, available in beta for Android and iOS, and browser extensions for Google Chrome, Microsoft Edge, and Safari, provide real-time alerts to help you determine if a website is legitimate or a scam. Install ScamAdviser on multiple devices, including those of your family and friends, to ensure everyone’s online safety.
Well balanced brokerage
The broker has been around since 2010, and, though that is still pretty new compared to others, it has over a decade of industry experience. LimeFx’s business model is based on STP (Straight Through Processing), where orders are sent to financial institutions directly. This eliminates the potential for conflicts of interest or price mark-ups, making this broker pretty reliable when it comes to trade execution. It is interesting for me to cooperate with this broker cuz there’s an opportunity to hedge risks. My former broker didn’t allow this, so I am glad to be working with LimeFx now.
Deposits and Withdrawals
Also, love that company does not force its clients to switch to MT5, I personally like MT4, so thanks for this. Like their service and waiting for future promotions and bonuses… Our extensive tests show that LimeFx is a legitimate broker. We have not experienced any security concerns during our many hours using the trading platform. These combine well with LimeFx’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month.
LimeFx MetaTrader 5 Advanced Trading Tools
Perhaps, it’s one of the most significant characteristics for traders. Great service, smooth trading experience with no problems. I like how their customer support service handled my https://limefx.club/ issue. I had to withdraw my money as I needed a broker with lower spreads on crosses. Nothing wrong with LimeFx, but I just had new requirements.They paid out my money without issue.
Crypto traders can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Monero, ZCash, Dash, and Ripple, and energies traders can trade spot US crude oil and spot UK brent oil. As for my experience of cooperation with this company, then everything is ok. calm trading and nothing else. Working with LimeFx has been an undeniably trustworthy experience for me. Wherever you slice it, they have yet to disappoint me in ways that matter.
Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Besides the very frustrating withdrawal charge, LimeFx’s non-trading fees include a $5 inactivity fee charged after 120 days of dormancy. Importantly, all deposits are fee-free, and e-wallets like Skrill and Neteller process within an hour, compared to 5-7 working days for wire transfers. The sign-up process is also pleasingly simple and there is a swap-free solution for Muslim traders available upon request. CySEC is a top-tier regulator that helps ensure LimeFx follows strict business standards and implements safeguards like negative balance protection and segregated client funds.
So it’s better to ask about bonuses from support department on official website. So you’ll get answer right away.As for broker’s advantages, you can also ask about them. Just look at trading limefx scammers conditions, which are listed on website and immediately understand everything. So you can trade not only from your computer or laptop.In general, look for information on company website.
You can trade a wide variety of instruments with LimeFxover 120 instruments in fact. Remember, LimeFx needs to be your partner in your trading journey. Only one account isn’t a super convenient thing, but at least conditions are superior. Spreads are slightly higher on alternative products, while the withdrawal fee and inactivity penalty lower its fee rating somewhat.
Dive into our informative LimeFx Vs pages below to find out how LimeFx stacks up against other leading brokers. Throughout our comprehensive LimeFx review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. It is important to note that LimeFx may request additional documents or information to verify your identity or comply with regulations.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with LimeFx, before live trading. On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LimeFx leverage magnifies both profits and losses in trading.
