LimeFx Review Is it a Scam or Legit Broker 2023

However, the proprietary platform gained numerous rewards, from both industry professionals and the traders, thus you may try and then never leave the LimeFx platform. LimeFx Funding Methods we ranked good with an overall rating of 8.5 out of 10. The minimum deposit is a bit higher for the industry, yet fees are either none or very small also allowing to benefit from various account-based currencies, yet deposit options vary on each entity. The contract value of one Index CFD equals the price quoted in the currency of the Index. The broker offers the market fixed spreads between the buy and sell prices and no commissions.

When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification. This will tell you whether they are regulated by a central authority or if LimeFx is an offshore and/or unregulated entity. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to.

As a regulated broker, the company does follow the strict rules of the client’s protection along with the funds’ security and safe trading environment. What is pleasing also, is that LimeFx supports their traders by various means, from excellent support to https://limefx.club/ 0$ fees on money transactions, as well as widely supported methods. The mobile application features an intuitive multi-asset application that includes full functionality for all major technical indicators and a wide range of tools for real-time charting.

Overall LimeFx Ranking

The CFD LimeFx broker is owned by LimeFx Group Limited and is headquartered in Limassol, Cyprus. The company has several daughter brands, including LimeFx Europe Ltd. and LimeFx International Ltd which service clients from Dubai to Uruguay. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The broker remains operational for some time and suddenly you are not able to contact the broker or the website seems down. The broker also changes the name and website URL without any notice to existing traders.

And he said not enough and he ask me for more money. And i reply to him can i talk to someone who can assist me well. And he introduce me the girl name Camille Lopez and tjis girl ask me to go for premium accnt cost $100K after a week she call me again for an additional 100K for VIP accnt.

So when comparing order execution speeds, of course, I didn’t measure to milliseconds, but I can say that I definitely didn’t notice any difference in execution speed. I can even say that webtrader platform is faster on many points, for example when trading on the news, orders open very fast and slippage does not seem to be a problem. You are probably a beginner and are just thinking about opening a LimeFx account.

While these account options are appealing, what makes people realize that LimeFx Australia is worth trusting is the fact that they have also added a demo account. This is a practice account that gives people virtual currencies they can use for trading. Most importantly, it gives everyone a chance to test the company’s trading platforms and their conditions to see exactly what they will find when they create a real account with them. Only trusted and professional platforms will ever let you check this. Concluding LimeFx review, the broker brings stable and reliable conditions to trade. Their main offering mainstays on a fixed spread with no hidden fees, powerful online-based platform and comprehensive trading instruments variety.

There are various learning materials and other stuff that may positively affect any trader regardless of his expertise, knowledge and wallet. It ought to be highly appreciated by trading community. I exactly looked for a broker for long-term trading and government bonds are the best assets for this. You can speculate on currencies with high leverage. You can invest in long term bonds if trading short term is something out of your competence.

Log in to your account and on the main page, click the withdrawal button. Next, you’ll see tips, so you won’t mistake anything. I have a scheme that I use in my work with LimeFx. 60% of my fundings go to trading and 40% to investing. It’s a scheme that I developed a long time ago and it never let me down. LimeFx Equity CFDs allow trading CFDs worldwide on the most actively traded shares– Apple, Google, Nike, JP Morgan, IBM, etc.

Does LimeFx have no deposit bonus?

Hence, we do not suggest going for LimeFx for trading purposes. Therefore, all you will have to consider for trading is the broker’s spread. And the spreads here, by the way, are very small. The point is that when you trade with an LimeFx broker, you are not buying the bonds themselves, but the CFDs.

• But I would have appreciated it more to the OG MT4 here.
• We are also a community of traders that support each other on our daily trading journey.
• All web platforms have one advantage – you don’t need to install them.
• ReportScamOnline now considers LimeFx to be operating an online scam.

They require clients to provide a scanned copy of their passport, showing their name and date of birth, in order to confirm their identity. The next step is to provide proof of residence, which is given lime fx by submitting a utility bill, such as phone, electricity or gas, or a bank statement that shows your name and address. You should ensure that these documents are not more than six months old.

Every other day, you come across news of some kind of hack or breach happening and people losing their money or information. To combat this issue, you need to have solid security in place because online trading involves investing your money and also divulging your personal and sensitive information. At LimeFx Australia, you will come to know that the company has not made any compromises where security is concerned, particularly because it is a regulated broker. It is a given that when you want to avail any online service, you are expected to create an account with the company you are getting it from. This is something you will also come across when you want to sign up with a broker in the online trading market.

LimeFx Review

They also follow rules of customer account segregation, which means that your funds are deposited in separate accounts and not mixed with the company’s own. Apart from that, LimeFx Australia’s security team is constantly monitoring the website and checking for any problems to fix them in order to prevent people from breaking into their system. You will discover that a total of four accounts are provided at LimeFx Australia, each of which are developed for a different type of trader.

WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and limefx regulations of the country and region where they are located. I remember hearing about it years ago, I just recently checked when I was looking for a new broker, and it’s still exist.

All web platforms have one advantage – you don’t need to install them. But, anyway, the LimeFx platform is pretty quick, and I bet if you want to trade on the demo, you will be glad, as everything is smooth. Trading in demo mode does not differ from real mode. All charts and instruments function the same way as in real mode. What do you recommend to trade and what have the most attractive conditions?

LimeFx Alternative Brokers

Traders have to open an account because this is where all their personal information, trading history, record of transactions and other details are kept. You have to register with the company first and then you are offered several account options to choose from. These options are developed for facilitating different traders because not everyone has the same style, risk tolerance and goals. If you take a look at some of the negative reviews that companies have received, you will notice that traders focus on the trading platform the most because it is used for making the trades.

It is a way of preventing suspicious actors from creating an account on their trading platform. While the internet is a huge fountain of information, not everything you come across is authentic and accurate. This is where LimeFx Australia proves to be extremely valuable, as they have put together in-depth and extensive educational and learning resources for their clients.

I like the possibility to trade with fixed spreads. I don’t regret neglecting reportedly tighter floating spreads because my peace of mind is more crucial. It’s good when you can save your time, especially when you are out of it. I’m a very busy person and have to devote much time to my job and I often have to make business trips to other cities. Nevertheless, I have been always interested in trading and always wanted to try my hand at this new way to make money.

They rejected it the same second and they kindly asked me to inform the financial crime police in Cyprus. They also rejected it because they said that for forex financial fraud CYSEC is responsible. The trade sizes are massive per pip and you could be loosing big money very quickly. Then if you try to withdraw your money they make it hard for you, and make it hard to withdraw profits. I strongly suggest you act with great caution when dealing with this firm. You can also read the documentation to learn about Wordfence’s blocking tools, or visit wordfence.com to learn more about Wordfence.

Reportscam.net can have advertising and affiliate relationships with some of the trusted recovery companies and may be compensated through them . Reportscam.net is committed to the fair handling of reviews and posts regardless of such relations. To read more about Scam Brokers and their Reviews, Visit Scam Brokers 2022 Page to avoid Cryptocurrency trading scams, Forex trading scams, or other online scams.

A good broker with an innovative trading platform. What characterizes their trading platform is that the web version works equally well with the desktop version. This company offers many different things to attract more customers.