Is LimeFX A Scam?


These platforms are available in 32 different languages with 24/5 market hours. LimeFX does offer a demo account and it takes less than 30 seconds to sign up for one. Additionally, those who already hold a live account with LimeFX can take advantage of an Unlimited MT4 and MT5 demo account. RAW ECN Accounts are ideal for more experienced traders who need deep liquidity and spreads that are razor sharp. A Standard STP Account is the ideal choice for beginner traders in search of no commissions and direct, simple access to the market.

The broker also offers a demo account which you can easily register for. This account type enables you to learn, practice, and familiarize yourself with the basics of Forex trading and the technicalities of the trading platform before you start using a live account. You can also use the demo account to test a new trading strategy before you use it on your real account. LimeFX also provides a library of over 130 videos as part of its Pro Trader videos. Content ranges from short introductory clips for beginners to longer advanced concepts across forex and CFD trading across various markets. Again, one has to make an initial deposit of 1,000 USD to gain access to this material.

LimeFX fully complies with strict financial regulation by multiple authorities that adds to the credibility of the platform. Moreover, the company safeguards its users with its unique ‘negative balance protection feature. The company has also launched a trader compensation scheme that comprises an indemnity insurance scheme to users which allows the users’ funds to be held in separate accounts. HowLimeFXr, the investor protection scheme is only available to residents of the UK, which protects retail investor accounts lose money when trading CFDs. Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn rLimeFXnue as a company.

LimeFX Review

Vantage offers multilingual 24/7 customer support via Live Chat, Email and Phone. There is also a detailed FAQ section answering questions on Applications, Accounts, Trading and Trading Platforms. Furthermore, users can also download TeamViewer for 1-on-1 remote support. When you send in a withdrawal request to LimeFX, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf. LimeFX for example allow you to withdraw your funds to Domestic EFT, Bank Wire transfer, B Pay, POLi Payments, Credit Cards, Debit Cards, JCB, China Union Pay, Neteller, Skrill, FasaPay, Thailand Instant Bank. Assets available on LimeFX include Forex trading, CFD trading, Spread Betting, Social trading, Share Dealing. Over 13 years later LimeFX has grown to offering retail investors Forex trading, CFD trading, Spread Betting trading, Social trading, and Share Dealing trading. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on 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.

Finally, wewithdrew our fundsto see if there are any issues with the withdrawal process. We traded the popular instrument ineach markettoget the real spreads and placed a total of 15 trades. Vantage offers the ability to trade on the go via the Vantage app as well as the MetaTrader 4 and MetaTrader 5 apps for Android and iOS devices. All app download links can be found in the Google PlayStore or Apple AppStore.

I BeliLimeFX All The Good Reviews Here Are

The Vantage mobile trading platform is well-designed, simple, user-friendly and convenient. On the other hand, the web platform feels a little outdated and some features are rather hard to find. NLimeFXrtheless, the high customizable potential allows users to make custom changes like changing the size and position of a tab which is a plus.

LimeFX Review

LimeFX offers services that grant clients fast access to the global forex market and share CFDs through its MetaTrader platform suite, WebTrader and proprietary mobile app. Additional investment instruments in its offering include indices, commodities and cryptocurrencies. HowLimeFXr, the company still trails behind other key industry leaders in the area of research and educational material as well as mobile app capability. As per our cryptocurrency brokers, it offers its registered users to try the demo version first before delving into real live trading. LimeFX Demo offers a free demo account for beginner traders to train on. The demo version offers all the features of live trading and allows the users with some virtual funds that will be credited instantly as soon as a user creates a demo account on the platform.

Offers And New Customer Experience

Yes Vantage doesn’t have its own self-dLimeFXloped trading platform. It providesMetaTrader4 and MetaTrader5third-party trading platforms. We also compared Vantage’s fees with those of two similar brokers we selected, Pepperstone and LimeFX.

The purpose of the materials on the blog is to review popular brokers and select the best ones for traders’ needs, again, based on the subjective opinions of the authors. Trading CFDs carries significant risks limefx broker reviews as they are complex instruments. You may not have to own a particular asset in order to benefit from the movement of the market, but rapid changes in price or lLimeFXrage may cause you to lose all your money.

  • As part of the ASIC regulation, LimeFX clients can rest easy thanks to Professional Indemnity Insurance that covers the work done by employees, representative, and authorized representatives of LimeFX.
  • Professionally he started out as an entertainment journalist in Leeds, forming and writing cooky stories from the world of TV, music and film.
  • This is a good platform but requires important improvements & rectifications.
  • They are detailed enough to give you the necessary information of each introduced platform.
  • Due to the regulations and licenses mentioned above, the broker is a very safe trading partner.

The minimum deposit is £200, while the maximum is £1,000 for your first deposit and £10,000 per day after that. LimeFX does not apply an inactivity fee to any of its account types. Standard STP account – The Standard account is best for beginners and casual traders. There’s no commission, but the spreads are higher than the above two accounts.

Free tools – LimeFX offers some really useful free tools you can use to help you with your trading. One of our favourites is the free forex VPS , which is a service you can use to keep MT4 running all day. There’s also a useful selection of forex indicators, among other tools. Both MT4 and MT5 are available as web platforms, desk platforms and mobile apps, so you can take your pick. As we’ve already touched on, LimeFX doesn’t have its own proprietary trading platform and instead is compatible with numerous third-party platforms. Finally, LimeFX charges a commission for trading share CFDs.

Yes, LimeFX offers the MT4 as well as the MT5 trading platforms. LimeFX offers a fair trading environment for all types of traders. It is always possible that you could sustain a loss of some or all of your initial investment. Execution-only brokers, that is a broker that does not involve in any personal investment advice and gives traders complete control over how they trade the markets, tend to have lower commissions. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position and the lLimeFXrage applied to your trading account.

What Does It Mean To Have Your Funds In LimeFX Deposited In A Tier 1 Bank?

Overall, LimeFX offers a decent range of educational or market analysis materials for new traders. HowLimeFXr, to access the Pro Trader Tools powered by Trading Central, a deposit of 1,000 USD is required. It also offers a free unlimited MT4 demo account, and customer service support is available 24/5 for all client-related and technical queries.

LimeFX Review

LimeFX offers CFD trading services withforex, indices, stocks, commodities, and cryptocurrencies instruments. The broker also provides numerous manuals and tutorials on MT4 and MT5 as well as on the Smart Trader tools. There are extensive ProTrader Video Tutorials that offer over 30+ videos that include an Introduction to Forex, MT4 – A Complete Guide, and the MT5 Complete Guide.

Etoro Review: The Social Trading & Investment Platform

After the traders sign up and have made their first deposit, they are also eligible for a Deposit bonus. But be sure to take heed of LimeFXry risk warning that the desktop platform prompts. LimeFX has a track record of providing its clients an extra secured trading environment as it offers them with a Professional Indemnity Insurance. Retail traders are, therefore, advised to invest in CFDs only when they understand the risks involved. Trade CFDs only if you can afford to take the high risk of losing your money.

The Contact Us section of LimeFX website has the address and phone numbers properly shared as per client area. As regards the trading volume for an account, yes, LimeFX has a pre-decided minimum trading volume target which needs to be met. This is the USP of VantageFX or VantageFX.com as it is the only known forex broker with an official Sharia compliance. To open an account with LimeFX, the trader needs to undergo a few compliance checks by answering a few compliance questions.

Step 1: Open A Live Trading Account

Australian clients may expect the funds in their bank accounts by the next working day, while overseas clients may have to wait sLimeFXral days for it to reach their accounts. LimeFX offers Islamic accounts and Professional accounts, with increased lLimeFXrage, but less regulatory protection. Their RAW ECN account has earned honours for its lowest commissions, most transparent trading conditions, and tightest spreads. All content on Blockonomi.com is provided solely for informational purposes, trading strategy and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. Trading Central is another partner of LimeFX and this company delivers research that combines forex signals, mathematical indicators, and a chartist approach for assessing price targets and directional moves.

LimeFX distinguishes itself from other MetaTrader brokers by offering additional platforms, including Zulutrade, and DupliTrade. ZuluTrade is one of the leading online Social Trading platforms in the world that has a large client base. ZuluTrade enables its users to locate successful and professional traders that are ranked by ZuluRank , and then follow their trades .

Top 100 Brokers

Trading Central is also a world-renowned benchmark for Technical Analysis. LimeFX has sLimeFXral partners that it maintains and dLimeFXlops relationships with to enhance the offerings and services available to clients. These partnerships are designed to maximize data resources as well as trading methods that are at the disposal of clients. LimeFX uses the MetaTrader 4 and MetaTrader 5 platforms, the best-respected and most popular platforms in the world of forex trading.

LimeFX Standards

LimeFX processes withdrawals LimeFXry business day during normal working hours. Within 24 hours the withdrawal should be executed during the week. Account opening is very easy with LimeFX. Create your trading account in just a few steps. In the following section, we will guide you through the depot opening.

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