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Also, at any time, you can contact the LimeFx support team or ask the account manager for more details explaining everything you are interested in. Spreads vary depending on different trading accounts. The Silver account offers the spread of 1.6 pips on EURUSD, 2.1 pips on GBPUSD, and 1.9 pips on AUDUSD.
First things first, the website that you have to visit in order to find more about the broker is pretty much state of the art. While checking it out we were quite impressed by how well designed it is and how well optimized. We need to be honest here and say that the design is a good user experience. But we’ve already talked about this in numerous other reviews that potential scammers are always ready to invest a lot of money in their website to lure in unsuspecting clients.
This is a huge amount to be asking up-front for a company that is not very trusted. If you are a beginner LimeFx is a way too big commitment for you and we would advise looking somewhere else. The available platforms are Meta Trader 4 (the go-to platform of many pros) and WebTrader powered by Panda Trading Systems.
- Also what makes Cyprus so attractive is the fact that all CySEC registered brokers can operate EU-wide.
- Traders have access to videos that give daily news on what’s happening globally.
- Hopefully, we will be able to give you enough insight about the broker so that you can make an educated decision, instead of going in blindly.
- The transparency comes in the form of the no dealing desk, STP prices that are offered for trading.
The broker provides WebTrader, which is a widely used web-based platform for PCs. It also provides MetaTrader 4 for mobile and desktop users. This software allows traders to add a customized suite of auto-trading options, technical indicators, and charting tools. Additionally, it offers Expert Advisors program to its users, which allows the automation of the trading and analytical processes within the platform. Meta Trader 4 is one of the most cutting-edge trading platforms that allows Forex traders to monitor the markets easily, automate trading strategies, and track price movements.
Is my personal information safe on LimeFx?
These spreads are frankly uncompetitive at such a level. LimeFx offers traders the flexibility to choose from mobile trading tools, web trading tools, and the market-leading and highly regarded MT4 trading platform. As you can see the number of accounts is not too big nor too small for a Forex broker. What we want you to look at is the $250 account which might look like a different minimum deposit than we’ve mentioned, but it’s literally nothing.
The most basic account among these five is the Blue one, with the minimum deposit of $250, slightly higher than sector standards. Silver (minimum deposit of $ 5,000), Gold (minimum deposit of $20,000), Elite Membership (minimum deposit of $50,000). CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
I am happy with this broker service
LimeFx is a Forex Broker offering Forex Trading services via MetaTrader 4, MT4 Mobile and Web trading platforms. Regarding orders execution model, LimeFx is a hybrid broker – both a-book and b-book broker . LimeFx offers trading of currencies, indices, shares, CFDs and commodities.
People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. I am consistently gaining good profit out of their deals. The website doesn’t have an FAQ section, so the information is hard to find and I had to go through tons of Legal Documentation for this review. The website is only translated in English, French, and Deutsch. Mobile platforms are available but Demo accounts are not. By far the best Extra feature is the Negative Balance Protection, which means that your account balance will never go below zero, so you will never owe money to the brokerage.
Clients can earn $5 per traded lot with a modest deposit. Each account can be enrolled in the professional development courses offered by LimeFx. This platform features all the advanced trading features of WebTrader and MT4 platforms. This platform can be used with any internet device, so traders have the ability to trade whenever they wish. Their mobile trader friendly allows you to trade anywhere, anytime.
The client will have to complete a Withdrawal Form available in LimeFx’s Legal section. This means that your account will never go below zero, meaning that you will never owe money to the broker. If you’re wondering – Yes, that is possible with many FX/CFD brokers because most don’t have Negative Balance Protection. Having this feature adds an extra layer of protection; I know that blowing your account is bad but it would be worse to blow your account and owe some money to the broker. Depending on which type of account the trader uses, commission rates will be fixed. LimeFxS offers the opportunity to invest in a variety of cryptocurrencies including Bitcoin Cash, Bitcoin Gold and Ethereum.
The whole meaning behind a basic account is that a beginner needs to be using it, meaning that he needs to have access to all the reviews, courses and information he can get his hands on. LimeFx FX brokerage is completely aware of this and therefore has hidden this behind the $5,000 account in order to urge new traders to go straight for it. The Mini account requires a minimum deposit of $250, while the Standard account requires a minimum deposit of $1,000.
SCAM!!!!
Please share your previous experience with LimeFx in the reviews section. No bonuses and promotions are offered as this is not allowed under Cypriot regulations. One of the key points – it is the place of registration limefx review and regulation of the company’s activities. Unless you’re already a member and enjoying our service, then just sign in. When autocomplete results are available use up and down arrows to review and enter to select.
With the MT4 platform, you can access charts such as bar charts, line charts, and candlesticks that are easy to understand. LimeFx is an online broker specialized in the trading with Forex and CFDs. Also, other services offered by LimeFx includes currency pairs, commodities and indices trading. LimeFx broker is based in Cyprus and it is owned by K-DNA Financial Services Ltd. The transparency and tight spreads along with the efficient platform have brought more popularity among traders and placed LimeFx for one of the most popular brokers around.
The latter doesn’t need any download, thus you can access it from all over the world, even if you don’t have your personal computer with you. On the other hand, Meta Trader 4 requires a small download and installation but in return, you will get lots more features and a professional-looking platform . LimeFx offers traders the option to choose from three trading platforms. You will first have to open an account on the LimeFx’s platform to get started.
Maximum leverage
Moreover, LimeFx provides clients with a massive range of trading instruments, educational content, daily analysis, and a whole lot more. One of its most significant assets might be the reward points that are rare to find among brokers. It has up to triple points for every traded lot, in which traders could get $5 for each point. Also, the account types are each designed to suit the levels of different kinds of traders.
Touch device users, explore by touch or with swipe gestures. Investors can read about broker complaints and problems, read this. Users caught spamming or abusing will be deleted from the site and prohibited from future registration at thatsucks.com and affiliates. We recommend staying within the range of good taste and respectful language to avoid any unpleasantness. However, the higher your account level, the more points that you will receive. Trust is the most important factor for any Forex brokerage firm.
It is developed by MetaQUotes and it is used by more than 90% of the forex brokers in the industry. MetaTrader4 is easily integrated with a broker and have advanced trading tools that are the key reason why this trading platform is so popular among the traders. IQ Option is a world-famous regulated broker that takes your trading to the next level. It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform. You can start trading with a minimum deposit of ONLY $10!
Before any trade and choosing a broker You must always read reviews on this site and on other sites. Companies who are honest, have a rating of above 3.8. Also there is always https://limefx.name/ the risk of loss when trading CFDs. Be careful and read the disclosure on the website of the company you chose. LimeFx received a score of 1 of 5 on our resource.