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Forex Trading

LimeFX Review A Scam or Legit Forex Broker ️

They charge fees of varying rates for a variety of services to earn money. There are primarily 3 types of penalties for this objective. You can start using the MetaTrader 4 platform with LimeFX in multiple formats including through an online web platform, or through a downloadable application for Windows PC’s and Mac’s. LimeFX MetaTrader 4 is compatible with the latest macOS. LimeFX allows traders to trade on mobile devices through Android and iOS devices. Every online trading platform will have some pros and cons LimeFX review would be complete without having a balanced approach.

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades. Along with your FX trading, you can also participate in the partnership program of LimeFX. The most amazing fact is that they offer 3-level affiliate program where you can not only affiliate commission from your referral sign ups, but also earn from the clients of your referred partners.

This demo is crafted specifically to exhibit the use of the theme as a lifestyle site. It is a bit difficult to determine the jurisdiction and regulatory status of this operation. We also highlighted negative feedback that LimeFX clients received at the beginning. LimeFX is actually E-Global Trade and Finance Group Inc., based in the British Virgin Islands. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

  • Customer support at LimeFX is responsive and there are several ways in which you can get in touch with the support team such as email, live chat, telephone 24/5.
  • Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.
  • Signals from experienced traders from the list, which is available on the Share4you website, can be received when using the service.
  • There are many websites that specialize in reviewing forex brokers.
  • The generous bonuses add appeal, and the in-house-developed Share4you copy trading system attracted over 1,000 signal providers.

On the Cent and Classic accounts no commission is charged but, on the Cent NDD and the Pro STP account $ 10 cents per lot and $ 8 per lot is charged, respectively. The Cent and Classic accounts have a fixed spread from 2 pips, where the Cent NDD and Pro STP offer floating spread from 0.1 pip. LimeFX is an offshore broker who is not under such strict compliance or regulation and traders have access to higher leverage. Before starting to trade, potential clients of LimeFX should avail themselves of all possible information and trading skills needed to be successful in the world of forex and commodity trading. Access to the liquidity pool – this allows traders to view the available liquidity amount on prices that are provided by a variety of liquidity providers. The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage.

100%deposit bonus gives traders the opportunity to earn more with your capital. Whatever you deposit into your trading account will be doubled by Forex4 You. Forex brokers tend to lure new traders with offers of attractive deposit bonuses. This can be useful, but it is essential to discern what a proper bonus is. Commissions are the charges imposed by an LimeFX broker on a trader for making trades on the trader’s behalf.

LimeFX LimeFX Offerings

We have sent messages to LimeFX livechat via their website and app and recieved a response in less than 20 seconds. If trading currency pairs is of interest to you then LimeFX offer over 80 forex pairs. At the time of writing this LimeFX review, and despite LimeFX’s impressive offering, the company has surprisingly not garnered any awards to date. As per the company’s privacy regulations, client data is never to be shared with some other institutions or individuals.

  • We are pleased to announce that we have been awarded the title of Broker of the Year – India by ForexRating.com for the stellar services that we have provided to our Indian clients in 2021.
  • I didn’t really care about choosing any specific company – just got to the top brokers’ list and opened my account with #1 broker.
  • Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card.

LimeFX looks like a great destination for trading, with a solid reputation as well as a variety of trading platforms. You can trade with some accounts that offer very attractive conditions, as well as decent market coverage. For serious traders who wish to trade, the Pro STP account is ideal. Spreads start from 0 pip, and there is a 10% currency commission per lot.

LimeFX deposit options

If you’re in the trading world, a good broker can be make or break. Offering many tools and features, including being an MT4 broker, LimeFX might have the right stuff. Before you jump in, though, read our in-depth review of LimeFX. I have opened an account at the beginning of this year and have never regretted choosing this broker for trading on financial markets.

Thus, if you used a credit card for deposits, the withdrawn cash will be sent into the cardLimeFX will ask you to provide other withdrawal methods if your details have changed since your deposit. LimeFX are a reputable trading platform that has been trading for over 2 years. They offer a large range of options in their client accounts.

LimeFX broker reviews

The withdrawal methods are almost same like deposit methods. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on limefx reviews this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.

It includes a host of features such as forex charts, dozens of trading pairs, in-depth analysis, real-time updates, and EAs for automated trading. The web-based trading platform, LimeFX features a clean-cut user interface with nifty features and customised software. Desktop clients on Windows and Mac operating systems can access the downloadable platform, limefx broker reviews courtesy of proprietary trading technology. All in all, there are 19 trading platforms supporting 5 asset categories, and an estimated 150+ financial instruments. This forex brokerage has its headquarters in the British Virgin Islands, and with a rich history spanning 11+ years, clients are assured of credible trading with dynamic trading platforms.

Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the LimeFXpanies. The entire responsibility for the contents rests with the commentators.

Forex Brokers We Recommend

Signals from experienced traders from the list, which is available on the Share4you website, can be received when using the service. LimeFX broker has earned the trust of many traders and it shows that this company definitely fulfills its obligations. I know people who say that LimeFX rating was increased artificially. If ya wanna waste your money go ahead and open an acc here. The broker pleases with instant order execution, high-quality support. As a trader who is looking for a reliable broker, always research the regulation policy of the broker first.

  • The broker wants to make sure that the platform will be as convenient as MT4.
  • We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks.
  • This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones for their needs.
  • With 150+ financial instruments available, traders will have no problem picking assets and trading at their leisure.
  • According to a statistic, this broker got 1,18,303 active accounts, 7,017,445 partner payouts, 2,77,573 client rebates, 2,78,932 most profitable trade in 2016.
  • Other websites of this company include LimeFX.org and eGlobal-LimeFX, FX4U.io.

With fast, safe and trackable transfer processing and all the most popular payment methods offered. Forex 4 You has also been awarded by IAIR as the Best Forex Broker in Southeast Asia. Over the years, the company has maintained a steady increase in the number of active accounts. In 2007 this number was 692, and by 2017 it rose to 122,037. In 2017 alone, clients cashback amounted to $815,320 and partners profit swelled to $4,806,940. This company prides itself on innovation, integrity, global service, and competency.

This service is provided only for 6 currency pairs – AUD/USD, EUR/USD, GBP/USD, USD/CAD, USD/CHF and USD/JPY. This feature is of course available for MetaTrader, but only as an add-on Expert Advisor. Internal transfers between own trading and commission accounts. Internal transfers are instantaneous and usually take no more than few seconds to complete. Cards issued by VISA, MasterCard and Maesto are the only cards permitted for use on LimeFX via SOREXPAY payment processor. Card deposits are charged at 2.8% transfer fee + a flat fee of 0.5 USD.

Please notice that Company does not close orders for the Clients. In your last enquiry you couldn’t close orders because of lock protection – an inability to support counter orders due to not having enough funds. Later on account reached critical level of funds and automatic order closure was performed in accordance with Stop Out condition.

Setting headquarters in the British Virgin Islands, this broker is currently under the regulation of local financial regulatory called the BVI Financial Services Commission . The Share4you copy trading system is a unique feature at LimeFX. It allows traders to follow more than 1,000 strategy providers, labeled Share4you Leaders.

Deposits and Withdrawals

Accounts are guaranteed safe and secure, thanks to SSL encryption and verification procedures. However, they place an additional spread to the given prices from the market quotes. The minimum spread available for a normal account is a 2 pip spread for some of the most popular currency pairs (e.g. EUR/USD). For the Non-Dealing-Desk accounts, the minimum spread starts at 0.75 pips. This is on top of the additional features found in the MetaTrader Market place which can be accessed from the MT4 platform such as programming services for auto trading. Fixed spreads can be found on the Dealing Desk (commission-free) Cent or Classic accounts.

What sets the company apart from a number of competitors is that LimeFX has their own Social Trading network – Share4you. LimeFX deploys its proprietary trading platform, LimeFX Desktop, LimeFX WebTrader, and LimeFX Mobile, alongside https://limefx.biz/ the out-of-the-box MT4 trading platform. Manual traders will find the LimeFX platform an attractive alternative amid its added functionality and clean user-interface. The slippage control and liquidity pool data are notable features.

Swap-free accounts are available only to predominantly Islamic countries and need to be requested specifically. After discovering techniques to trade pan-European and US equities, Jitan developed a love for a short to medium term trading on indices and commodities, and later on currencies. Between 5 and 25% of the deposit amount, anything is possible.

The popular MT4 forex trading software is available from LimeFX. See our MT4 broker comparison for a list of the best MT4 brokers. LimeFX also offers their LimeFX platform, which is unique to them.

The Autochartist MT4 plugin upgrades the MT4 trading experience. Unfortunately, due to technical reasons we did not receive the latest letters from you. On the current moment we have sent you an email regarding this case. Please contact our Customer support in order to resolve your question as soon as possible. How can you see, leverage varies depending of your account equity. Payoneer has a customer care team with 320 employees who support 4 million customers in 70 languages, operating in 150 different currencies.