LimeFX Review 2023 Is LimeFX Legit or scam Find out

It also provides the ability to deliver those previously mentioned instant trades. The minimum deposit is conveniently low and the platform uses No Dealing Desk technology. LimeFX also has deep interbank liquidity and allows for Expert Advisors as well as Logarithmic Trading. To trade stocks with LimeFX, you need an LimeFX Pro MT5 Account.

Negative slippage got as low as 14.18 percent in the same month. ECN Zero Accounts and ECN Accounts have trade volumes between 0.01 and 100 lots. There is a maximum of 300 pending orders and no limit on orders.

  • As of 2020, LimeFX charges no commissions and dealing charges.
  • This is due to the minimum position sizes that you can open with any broker, not exclusive to LimeFX, and actually make it hard for you to execute a trade that does not total your full account value.
  • If you lost more than $1,000US to any type of fraud, please tell us your story and fill THIS FORM. The process of recovering the money is extensive and requires a lot of work.
  • It is no wonder that LimeFX has won over 30 industry awards.

To supplement these performance statistics, ForexTime lets traders connect with a Strategy Manager to copy their trades via LimeFX Invest. To assist with the decision, ForexTime displays the live rankings for top performers, with all the data verified by PwC. As mentioned, ForexTime supports mobile trading for convenience. This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices. One very useful part of the ForexTime website is a comparison between MetaTrader 4 and MetaTrader 5.

Who Is To Use ForexTime Platform?

Clients can download the full PDF without any additional cost. Additionally, there is an Economic Calendar from FX Street. Clients also have the option of setting up SMS alerts for major market news.

Is LimeFX a Scam

This is the most professional trading software that all professional traders use. The broker Forextime is regulated to operate all over the world. It can accept clients from Europe, Latin America, Australia, New Zealand, Africa and Asia. Again the lines in the sand on execution style are split across the Standard and ECN range.

LimeFX Trader Mobile App

This allows you to invest in a trader of your choosing and take a share of any profits they manage to generate. Other educational resources from ForexTime include the forex glossary, an introduction to forex trading, forex trading for beginners, limefx official site a demo account. Additionally, LimeFX offers a quarterly market outlook so traders can stay ahead of the markets. This market outlook includes the potential movements within the forex and commodity markets in the coming months.

Always make sure to activate your trading account under the entity you will trade as LimeFX accounts may vary slightly between Forextime Limited, ForexTime UK or Exinity Limited. In this LimeFX review we will focus on Forextime limited so trading conditions are clear. Accounts offered by LimeFX include separate accounts for Forex tradingandLimeFX Accounts. Then there is a further split to your preference of the trading transactions, instrument and the trading size, which all in all offers you3 Account types – Micro, Advantage and Advantage Plus. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money.

Is LimeFX a Scam

The withdrawal time is the time it takes for the money to be accredited into your bank account or card from the moment the withdrawal request was accepted and processed. The longest deposit method is the wire transfer, in which the money will take from 2 to 3 days to be accredited to the trading account. All the other methods will transfer the money immediately. At the bottom of the screen there is the menu where you can select the list of markets to invest, the opened positions, the closed trades, the account details and finally the general options.

We tested it and collected the options and costs in How to withdraw money on LimeFX. LimeFX provides negative balance protectionfor forex spot and CFD trading, but only for all its clients. Beyond that, LimeFX offers several ways to educate yourself, all packed with quality materials. Changing the leverage is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as preset leverage levels may be too high.

There is not a separate company handling South African clients. Earn $50 anytime you refer a friend or relative to register a new LimeFX trading account. The quarterly outlook is a 3-month forecast of the financial markets as presented by LimeFX’s analysts. It is available to registered clients as a downloadable pdf document. I have multiple account with different broker my LimeFX account alwys hit stop loss more than that of other.. So Once i bought on eurusd in two different account and put my stop loss in same pips..

ForexTime Trading Terms

Finally, the brokers also provide some digital material and free educational courses to learn Forex trading and some video tutorials free and available to everybody. This shows how LimeFX is a legit and safe broker to trade with. The company was founded in 2011 and after that became one of the global leaders for the Forex industry.

Is LimeFX a Scam

This question is indeed the most crucial one, as investor accounts lose money and if you trade with an unregulated entity the high risk to lose funds is dramatically high. LimeFX or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offering overall. The broker establishes its core on reliable trading conditions and detailed education and brings trading across the world with its accessible trading globe, regardless of the trader’s knowledge.

Fees

I am proud to have a healthy trading experience with LimeFX and hope they continue to be efficient and take care of their clients in the future.Thanks with great experience LimeFX. LimeFX is a reputable broker with a strong brand and a global customer profile, supported by strong regulation and licenses. Account opening is easy, LimeFX offers one of lowest deposit requirements, which is currently $10, three types of accounts. Spreads vary across account type but generally they are low and supported by excellent customer service and Forex education. LimeFX withdrawal options is widely available including bank transfers, e-wallets and cards.

But i can tell the staff in backoffice is very negligent. Overall they have one of the best spread on major pair almost zero all the time. During big announcement the spread doesn’t widen like cray and take your stop loss like many brokers do by widening spread from almost zero to 50 pips. Many beginners must also know the fact that due to restriction in some countries the bank could be the reason they did not received the money they withdraw. I will check to see if those gap problems with LimeFX continu or not. Concluding the LimeFX Review, LimeFX offers a measured degree of quality trading opportunities for new and existing traders across a number of account types.

Exinity Ltd, which is the Mauritius based branch of LimeFX are the brand most commonly offering bonuses and this is where LimeFX Malaysis users have a good opportunity to take advantage of these bonuses. LimeFX offer a good array of bonuses and offers from time to time and usually seem to highlight specific Countries . LimeFX offers full integration with your https://limefx.biz/ normal desktop platform and allows to open or close positions across multiple devices in a matter of seconds with 1 click. LimeFX have recently launched LimeFX Trader to great fanfare and it has not disappointed. What can only be looked at as a significant upgrade on their sole MT4 offering is making trading easier and more convenient for its’ users.

Therefore, LimeFX leverage is determined by various controls and set primarily against regulatory requirement your region. Regulation is most important to ensure safety of funds for investors of all levels. Unregulated entities provide a high potential to lose all funds. LimeFX also proudly support and sponsor various world Sports teams and events to raise awareness and activate new traders. At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you .