LimeFX Is It A Scam? Review

We do not recommend though to trade with international entities since regulations are not so strict. LimeFX MetaTrader4 is packed with additional tools like Autochartist, Copy trading and supporting multiple languages across all devices on Windows, Mac, and Mobile Apps for Android and IOs. LimeFX mainstays on popular MetaTrader technology offering both platformsMetaTrader4 and MetaTrader5. A bank transfer takes several business days, and payments with credit/debit cards and e-wallets are instant.

LimeFX scam

This option is more of a personal preference but being informed of your options is important. A credible platform should provide their clients with content that allows them to become educated on various topics and information. The various educational options provided to you include Forex trading webinars, Forex tutorials and educational videos, videos geared towards Forex trading and daily market analysis. LimeFX iPhone Trader– You can use this platform to access your trading account and buy trades on the move provided you have 3G or Wi-Fi connection.

Where Is Hot Forex Based?

My LimeFX review 2021 reveals that there is no professional team and they are working under a group of amateurs. Experienced traders always prefer the regulated brokers which provide complete details limefx official site of the knowledgeable professionals from the finance industry only. There is no debate on the topic that the workforce of the company implements the strict rules and regulations of the company.

It’s what I am looking for, I am investing to Crypto and need to compare which trading and buy/selling more profitable. Yes this pretty much covers the important aspects, and i agree, from a personal experience. I do trade a with them for 7 months now, and nothing to complain about really. Its two years since am trading with them and there are no issues to complaint. The first step is to submit your basic personal information including country, name, last name, date of birth and full address. In addition to personal information, you will choose your account currency among USD and EUR.

LimeFX offers six types of accounts for their traders’ specific requirements. Whatever their level of funding, trading strategy, risk appetite, starting from micro account to unlimited volume trading, there is an account to mLimeFXh every trader’s needs. 6 core trading accounts called Micro, Premium, Zero Spread, Auto, PAMM and HFcopy. Every account types offer commission-free trading for Forex pairs, while the Zero Spread account is commission-based but with spreads from 0 pips on Forex. Users can access 1,000+ trading instruments across Forex, Commodities, Indices, Shares, Bonds and Cryptocurrency CFDs.

For instance, the crypto CFDs are only traded on weekdays. VIP trading account – Minimum trading volume is half a standard lot, and benefits increase alongside trading volume. The world of Forex trading is constantly changing, and it’s important for all participants to keep their fingers on the pulse.

Well, I’ve been using LimeFX for the last couple of months and just found this Website. I see that they have some issues with the Million Dollar Pips, but my other brokerage is affected too… It’s regulated broker and never delay my withdrawal, also the spread was good. If you’re not a PP user or US citizen, you should try this broker.

Moving Account

One of the users on the LimeFX platform gives a story of how he proved the account. He illustrated that when filling the registration form, accurate details must be provided because one of the LimeFX representatives will put a call through to verify the user’s identity. This process is very important to the company because of the regulatory authorities. Let’s not forget the all important LimeFX demo account.

LimeFX scam

Some of the withdrawal methods supported by LimeFX brokers are credit and debit cards, bank transfers, and e-wallets. Withdrawal fees are charged zero, and the trader need not worry about any additional fees. But wire transfers will involve some fees as per the bank and other international best forex brokers policies. LimeFX trading platform is designed in such a way that it is simple to understand and competitive. When compared with other trading platforms, it offers six different types of accounts along with Islamic account that is preferred by the traders in the MENA region.

Trade With A True Multi

Only been here 5 months, and I hope this will be my last broker! I’ve used 4 brokers in just a span of 2 years before LimeFX, and it’s been tiring switching brokers. I’ve had problems with execution and withdrawal with my last 4 brokers. Fast execution of trades, withdrawal via Skrill takes within a day, and spreads are bearable. This broker has a wide range of trading instruments and leverage options without the need for a trading account.

Once you have selected this “symbols” window on the LimeFX MT4 & MT5 platforms, you can then select your desired currency and check the “properties” on the right-hand side of the screen. Click on PlatformsAt the Academy, we still prefer to use the MetaTrader 4 platform because it’s more suitable for algorithmic trading. You can select Windows or Mac or you can just click on LimeFX MT4 for Desktop and that’s the platform we will show you in this review. If you click on Open Live Account on the top, you will see pretty much the same form. But after you register with LimeFX, you will be required to send some more documents like proof of address, ID and you will get an email with further instructions.

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That’s why it was more than necessary to expose these scammers. With Hot Forex card, you can easily withdraw your funds directly to this card. You can initiate a withdrawal by logging into the client area on the website. Other Hot Forex account minimums vary by type, with most being in the $100-$250 range. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

The day of reckoning came when I used their desktop MT4 that cost me my 100% credit bonus because of spillage. You can bring down the cost of your trading with a Zero spread account on the LimeFX platform. With the least opening deposit of $200, the LimeFX Zero account is a balanced, low-cost trading account for all kinds of traders.

Terrible Customer Support Service Use: Demolength Of Use: 0

You see, customer service is the primary requisite for gaining recognition in the industry. LimeFX’s immense success is attributed to listening to what their clients are saying. Trading Forex and CFDs Currency in circulation involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.

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Some data in the reviews are verified but data can vary from time to time. For the choice of account type, LimeFX offers four types of accounts with different conditions. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site.

The client categorization of LimeFX is not beneficial to traders. Their client categorization prevents the clients from availing many vital services. Most of the traders are not covered under the investor compensation schemes.

  • I just made my third withdrawal with LimeFX hitting my small roi and im very pleased, good execution and very acceptable spreads.
  • 5 stars is the only proper rating for a website that a novice can navigate and understand in a few moments and a seasoned trader can appreciate.
  • A very nice job from Hot Forex to offer comprehensive package to upgrade the standard trading platform.
  • Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email.
  • Execution is smooth and the withdrawals i had done so far are also on time.

I can use EAs without any restrictions, and hedging is allowed. Great all around broker, they do offer different marketing perks, and events all through out the years, very engaging. It’s been a nice experience trading with LimeFX so far.

New traders will be able to enjoy innovative trading solutions from experienced traders, and they will also be able to get refined results with shared knowledge. This LimeFX broker review aims to explore all the different aspects of LimeFX that may be useful to interested traders. One of the most important elements of understanding limefx courses scam this Hot Forex broker review is understanding the different kinds of accounts available to the users. As already mentioned in this LimeFX review, its platform allows traders to invest in over 1000 different trading options and assets. This allows traders to enjoy different options to minimize the risk as much as possible.

So you’re not risking real money for the test and you can have an actual simulation of the trading. Because having a Demo Account is the very same thing as having a Live Account. Beginner traders can consult the E-course and Glossary section for a basic understanding of the Forex market and the basics of trading. The ‘Market analysis’ category features Daily market reviews, Special market coverage, Insights & Outlook reports.

The broker has a presence on the main Social Media outlets such as Facebook, LinkedIn and Twitter. The LimeFX MetaTrader 5 platform will be covered in more detail in the video review. Being part of the Investor Compensation Fund for CySEC Europe accounts. Being part of limefx broker reviews the Financial Services Compensation Scheme for FCA UK accounts. Lots of premium MetaTrader tools and indicators such as AutoChartist. Besides that, famous figures such as the ex-footballer Michael Ballack and the Hollywood actor Sean Bean become the faces of the company.

Best CFD trading conditions 2021 by World economy magazine. LimeFX uses five-digit quotes, this broker offers low fees, especially for major pairs such as EURUSD and GBPUSD, which only costs 0.1 pips. However, the fee structure will differ depending on the product.

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