This is a good way to enhance your trading skills even faster compared to just practicing on demo account with so many trial and errors. I saw a good offer on their bonus section, the one I want to mention is their deposit bonus since it can hold the trading drawdowns. It is pretty much useful for beginners and experienced ones since you can alter the trading risks with the bonus. The spread is kept tight as the broker itself never widens their spreads, especially on major pairs and Gold since I primarily trade there rather than other pairs outside of USD pairing. This is among the things that have happened outside of the broker’s control that could potentially affect currency prices. There are no issues with either the deposit or withdrawal processes.

You can try your trading robots thanks to the VPS they offered. This can be applied immediately on the ECN account and start front-testing it.Set it on smallest lot to see the suitability with your robot. The educational webinars are really good to give consistent knowledge to the traders. You can also watch the replays from the past webinars on their website.

Access to the demo account is provided after the standard registration. Swap Free is a special account recommended for investors who open and operate long-term trading positions. There is no fee for the positions swap for subsequent trading sessions, fixed commission is paid. If necessary, this option can be activated in other trade accounts. Affiliate Market Pro is recommended for experienced users, including traders working at minimum intervals . On our website, you can see that some users have reported scams.

Traders are supported with cent accounts, multiple analyses, trading signals, and education. In the Last 8 years, customers has lost nearly $580m to fraudulent broker company, only a quarter of which was refunded by financial and recovery firms. I invested the sum of £90,000 and i lost everything.

The Trustpilot Experience

They will rarely if ever follow up on customer complaints. It is important to pay attention to warnings and red flags and to act fast. We have investigated reports, warnings from regulators and have used our investigative techniques to analyze brokers, and have found several alerts against LimeFx. A payment chargeback is the retroactive cancellation and refund of a charge made using your credit card, wire transfer or some other payment methods.

LimeFx Overall Ranking is 3 out of 10 based on our testingand compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers. LimeFx is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Not just any license will do when it comes to providing oversight for customers. Many offshore regulators ask only for a fee, issue a license and that is the end of the story.

Classic trade account is an account with the ability to perform transactions with currency and base assets. The investor can use 130 trading instruments with leverage of 1 to 2000. Currency pairs are the most popular trading instrument among investors. Due to the high volatility index, with this type of instrument you can get a stable income. As for the securities, the broker’s clients earn on shares of Nvidia, Qiwi, Apple, Ebay, Goldman Sachs, etc.

• The broker uses premium liquidity providers and ECN technology to bring about low spreads and fast executions.
• They are one of the few brokers out there that are genuinely reputable, and I can vouch for the fact that they are completely regulated.
• Try their ECN account for improved latency if you enjoy scalping.
• The only free e-wallet method is OnlineNaira, though the withdrawal currency is Nigerian Naira.
• Interesting, especially for their weekly webinars.
• The commissions are decent for the trading account thus I had no delay so far on executing trades.

When you make MT5 active, Swap Free option is unavailable. If you need it for work, you should register account for MetaTrader4. Additional servers include VPS for the continuous operation of trading advisors and «LimeFx Easy bot», which shows the latest recommendations via Telegram channel.

Account

A very reliable broker who has been in the business for many years. Not gonna lie, but the broker got me with their tight spreads. Pretty neat for scalpers which I am not one of them. But the broker is welcoming any kind of trading strategies that I have seen no problem on my trading progress. I recommend to make a small deposit as you can follow the trading forecasts from their website and make some good profits. The analysis they made was simple to follow along with good risk reward ratio.

Are you talking about a forex broker or a call center that has Indian accent? This is legitimately fake review since the broker limefx company reviews itself not based in India as most of the scam call centers do. Please, give us a proof that you have been scammed by them.

Besides, the broker is mainly concentrated on the offering among Russian and Asian residents. In addition, there is a significant amount of negative reviews about the company crossing around the internet. LimeFx does not comply with the adequacy requirements and rules.

LimeFx Deposits and Withdrawals

Start by filling out the form above and we will get in touch with you and provide you with information on how to start the process. 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. It is unthinkable that these scammers always get away with pocketing the money of honest people. To date, no response and no re-credit of the money taken from my account.

In an event of theft, complaints can only be made if that broker is licensed by the regulator in your jurisdiction. The broker makes continuous calls to the traders and urge them to invest higher and higher amounts. Many complaints and negative LimeFx.com reviews and other possible scam features are other reasons being mentioned. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Reviews are about each trader’s personal experience.

One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. To conclude, LimeFx is another unsafe scammer broker that you should try to avoid. None of their trading conditions or costs are worth working with them. Before choosing a broker, traders should always research well, read all the previous client experiences and suggestions, find proper, honest reviews, and then start signing up for the broker.

However, few people want to believe that there is a problem with their broker. One reason is that, once people have invested their money, they can tend to be in denial. They may, correctly, believe that it is unlikely they will get their money back if indeed the broker is a fraud and may choose to stay the course and hope for the best. Cryptocointrace experts can provide you with assistance for your cryptocurrency claim. Our team of researchers knows what to look for when investigating a crypto scam. We can provide you with information and guidance through our crypto reports that will help you get results.

LimeFx has highlighted some of the greatest trading platforms available, such as MetaTrader 4 , Myfxbook Autotrade, and others. These systems allow traders to evaluate over 50 different currencies in the global forex market, which is critical for appropriate trading operations. You may also use their mobile app to evaluate and trade, allowing you to trade whenever and anywhere you choose. There is no minimum deposit requirement, though they recommend $200 for Classic, $400 for Market Pro, and $2,000 for ECN. All assets are available in all three accounts, as well as the MT4 and MT5 trading platforms.

Is LimeFx Legit or a Scam?

One of the trading strategies permitted on their trading servers is scalping. Since it has already been improved, you don’t need to be concerned about the delay or requote on your trading positions. Excellent limefx Forex broker to begin your trading career with since it enables you to test out several trading strategies to see which ones work best for you. Try their ECN account for improved latency if you enjoy scalping.

Sure the slippage is still there on big news, but not too long like 5 minutes after news events and I’m okay since I don’t gamble before the news event. You can only say good things for this broker, they don’t do any bad things, everything is honest and noble. It’s nice to trade, everything works quickly, and if you want to take the money, they immediately give it away and don’t ask why you need it. Unfortunately, LimeFx is not regulated by the financial authority in St. Vincent and the Grenadines. This alone is a serious red flag and should be the reason for you to cross LimeFx off your list of possible brokers.

It is mainly designed for Muslim faithful who are also forex traders. LimeFx clients can request swap-free accounts only on the MT4 platform. Commissions are charged on Swap-free accounts depending on the traded asset. For example; a commission of $8 per lot is charged for the EURUSD and some major currencies. Exotic currencies like EURTRY are charged $200 per lot. You can simultaneously learning and practicing at the same time thanks to their weekly webinars that they dedicated for their clients.

The ‘danger’ status here is a bit biased when it comes to review of this broker. I can prove it otherwise by saying that there is no suspicious activity on this broker as long as you don’t take any bonuses offered https://limefx.biz/ by this and many other brokers. By far the experience was decent and the spreads are competitive although not thinly low as others. Scalping is permitted and even they offer VPS for automated trading.

I can surely recommend them since I get paid several times from them. If you are a beginner looking for funding, don’t waste your time. The profits you make can’t be withdrawn unless you deposit an equal amount. So imagine having a profit of USD while you are unemployed and can only deposit 50USD. If I had that money I would just deposit in the first place.

In any case, if you have any other questions or remarks, we are ready to give you a detailed answer to all of them if you contact us via our email or our customer support. We sincerely appreciate the comment and we are very sorry to hear about your unpleasant experience. LimeFx is an open company and we are always ready to discuss and resolve any question or misunderstanding. The reason why the company doesn’t reply on ForexPeaceArmy.com web-site is that this resource, unfortunately, doesn’t publish the official replies of the company. Hence it may not be accurate and we tend to be transparent and precise with everything.