LimeFx Review Best Forex Broker in Russia

Alternatively, there is also a provision to sign up for a demo account that is absolutely free. Through a demo trading account, the traders can test the online trading ecosystem and the trading strategies that work. As far as the working process is concerned, LimeFx offers some of the easiest steps limefx forex brokers reviews directed towards account creation on the platform. To trade with LimeFx online trading platform, traders need to follow the simple steps. Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition.

LimeFx broker reviews

Also, I really like their wide range of trading instruments, allowing me to diversify my LimeFx portfolio. Lastly, they have multi-language support, very professional and knowledgeable. I receive SMS from them on the status of my request.

An index is a basket of trading instruments that is used to gauge a market sector, stocks within an exchange or the economy of a country. This feature allows traders to execute orders with a single click and no secondary confirmation. Being able to place a trade with a single click saves time and is especially useful for short term traders.

Such a big help for a trade like me who relies more on fundamental analysis. But recently, I’ve been having problems withdrawing money from my account. Every time, they ask me for documents to verify my identity.

They have deceived many people with their fake promises on high returns. I only pity people who still consider investing with them. Please try and make your researches, you will definitely come across better and reliable forex trading agencies that would help you yield profit and not ripping off your money. Also, if your money has been ripped-off by these scammers, you can report to a regulated crypto investigative unit who make use of software to get money back .

Brokers By Licenses

This has enabled the firm to cater to financial products in the territories recognized by the platform. According to this review, LimeFx is not a scam broker. The trading platforms of LimeFx Forex brokers are extremely niche.

I deposited R2000 into my account and traded few loosing trades. Then after 3 loosing trades i entered a sell in usdcad which streight away went in my sell direction. As it limefx company reviews goes my platform got disconnected then got connected in 5 minutes. Then i contacted them via a live chat to complain and they asked me for my login id which i provided.

LimeFx broker reviews

Different regulators provide different levels of protection. For example, LimeFx clients in the United Kingdom benefit from the oversight of the FCA. The FCA requires that clients have negative balance protection, which means that they cannot lose more than their deposit. Client funds must be held in segregated accounts, which are protected in the event of a broker going bankrupt. LimeFx is a well rounded broker that can cater to both new and experienced traders. The Trading Terminal platform is intuitive and a good starting point for new traders.

Demo Accounts

This course is made for intermediate level traders and includes segments on ‘Support and Resistance’ and ‘Sentiment’. Trading Central WebTV is also available via the LimeFx website. Daily videos provide market commentary and trading ideas, along with news coming directly from the floor of the New York Stock Exchange.

Also, as we already mentioned is the most popular type of account is customers. Its trading instruments are Forex currency pairs, metals, cryptocurrencies, energies, indices. It requests no trading commission, it is spread from 0.3 and the request of minimum lot size is 0.01.

LimeFx broker reviews

The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices and stocks. Once you have got up to speed on a demo account, you can easily switch over to a live account. We tested the spreads at LimeFx across different asset classes in a Standard Account using the Trading Terminal platform.

Minimum deposit

LimeFx Terminal is a browser-based MT5 terminal available only for MT5 accounts. It requires no installation or downloads and offers the required functions with basic features. LimeFx is among the brokers that have a solid trading platform of their own.

  • In addition, trading signals from a broker can also be a good support for reinsurance of risks from one’s own inexperience.
  • That’s because the marketplace is actually full of scammer and fraud companies.
  • Guys, I thought I was the only one facing huge problems with LimeFx.
  • Overall LimeFx review concludes broker regulated by various jurisdictions that has evloved along the timee, yet changed its regulations and entities several time too.
  • There are two types of accounts – standard, you can open almost from $ 0 and professional – from $ 200.

The opportunity to trade with 120 different currency pairings, and the account type’s infinite leverage and near-zero margin are further benefits. The very high leverage that this account has to offer ensures to keep the trader’s position longer with a low margin. Log in – By logging into the ‘Personal area’, the user will be able to view two accounts – an actual trading account and a demo trading account for the MT5 trading terminal. Gold, Silver, Platinum, Palladium, and other precious metals can be traded in the form of currency pairs. With Traders Calculator, the customer will get an accurate check on the cost of the transactions. The trader’s calculator aids in evaluating the basic values of the trade that they want to open.

Review of LimeFx – What bonuses does LimeFx Forex broker offer?

Online trading involves significant risk, and you may lose all of your invested capital. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. All accounts are commission free and have very tight spreads from 0.1 pips for the classic account and 0.3 for the mini account. The firm has a dedicated and highly qualified personnel that helps the clients with queries or issues arising while they are trading. The personnel will help solve their issues as well as offer advisory services which are a plus to any client.

And now there customer care is just asking me to keep on waiting. LimeFx has made their trading services super accessible with a low minimum deposit of just $1. MetaTrader 4 has features that help people to make their trading flexible. Also, what is important, it is the world’s one of the leading platforms, which is used for trading in the financial marketing sector.

NewsWIKIFX REPORT: LimeFx Acquires Capital Markets Authority (CMA) Licence in Kenya

So people who has low margin, their account will be wiped off whenever there is some news time or roll over. LimeFx is very good broker, very nice account types and amazing customizations. They make fake trade and always make our balance into minus even though our position is profit/positif.

This is a trader that is strongly recommended to anyone both the new and experienced in the forex trading concept. But lately, it’s been difficult to get hold of their customer support. One time I had to wait about 30 minutes in their live chat.

Instant deposits and withdrawals and 24/7 customer support are available via the app. However, the broker offers limited trading instruments which may not suit many traders. In addition, LimeFx does not have its own proprietary platform which is also a downside. But when compared with its regulations, funds security, trading support including educational material on its website makes it really stand out among it’s competitors. Overall LimeFx review concludes broker regulated by various jurisdictions that has evloved along the timee, yet changed its regulations and entities several time too.

There is no longer a need to wait for the processing of the withdrawal request. Currently, only LimeFx has tech support for this sort of service. You won’t pay any commission on your deposits and withdrawals at LimeFx.

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