LimeFx Review 2023
We have sent messages through the LimeFx livechat via their website and app and received a response within 20 seconds. Understand the trading resources available with LimeFx, freetrade & LimeFx below. LimeFx has a wide variety of over 144 instruments available for you to trade with. This LimeFx review breaks down every one of the applicable non-trading charges for you in detail. We hope that in the future a LimeFx Android app will be available and at that time we will update our LimeFx review accordingly. Unfortunately LimeFx doesn’t have an app in the Apple store.
No good spread, No good in withdraw and No good in support. I can say nothing but compliments to LimeFx for being a good broker since 3 years I’ve been trading with them. Good trading terms along with low trading commissions on most of the trading pairs. The bonus helped me to achieve less risky trades since it can hold my trading drawdown and I can take a bit riskier move in order to gain a bit more.
LimeFx asserts that it operates the Non Dealing Desk brokerage model and for over 15 years now, it has partnered with licensed liquidity providers from Europe. This has ensured swift trade executions, low spreads and reliable services that has won multiple excellence awards. Trading education, analysis and multiple promotions are available.
Does LimeFx offer guaranteed stop loss?
When there’s absolutely no free margin left with the client, LimeFx will cease your positions. If the losses in the ceased out position exceeds your account balance, you might experience a negative account balance. This can look like a small number, but over the entire year, it quickly adds to a significant number of gains. While LimeFx supply you all of the tools to make money, they cannot guarantee that you will profit.
Traders of all levels can use LimeFx, including beginners and more advanced traders looking for more customisation tools. As a result, their trade executions are swift, their spreads are low, and they have won multiple excellence awards. As a broker operating in the Russian Federation, LimeFx claims to have reached the top-ten list. scammed by limefx In addition, its excellent trading conditions, partner program, and support services recognised Asia’s best broker. Customer support can provide more information if the details on the website are not complete. LimeFx brokers also accept clients from South Africa, in which you can open your trading account through ZAR currency type.
Review of Bonuses and Promotions
The funds can then be used to pay merchants or others Skrill users, or transferred into cryptocurrency. If you are still skeptical, you can start a LimeFx demo account and evaluate the trustworthiness of the platform for yourself. The reason that LimeFx asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, LimeFx has to be careful that they don’t breach any money laundering laws and part of that is know as KYC . This means that at all times, LimeFx must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law. If you register for a demo account with LimeFx, you will set out using a decent amount of virtual currency.
- Classic and Market Pro accounts that are not linked to the “Fresh Rebate 50%” promotion are eligible for the promotion.
- Spreads are fixed with the Classic account, while they are variable with the ProCent and Market Pro accounts.
- LimeFx asserts that it operates the Non Dealing Desk brokerage model and for over 15 years now, it has partnered with licensed liquidity providers from Europe.
- LimeFx was founded in 2004 and since then, it has continued to expand its services.
Forex, which started at Wall Street as an evolutionary and ever-growing market, established itself all over the world, spreading from the West to the East. It is no surprise that many companies rushed to enter the lucrative business, offering their services to people who would like to become part of the currency dealing world. Russia, as one of the biggest and more influential world’s countries, does not lag behind great Western powers in the Forex business. One of the Russian broker companies that certainly stands out is the LimeFx broker. A forex and CFD broker, LimeFx established in 2004, offers MT4 platforms and several account types for trading Forex and CFDs. A demo account is available for new traders who want to start successfully trading by learning skills and seeing some educational tutorials.
A forex and CFD broker, LimeFx offers MT4 platforms and several account types for trading Forex and CFDs. This review covers the bonuses, demo accounts, maximum leverage, and deposits requirements. LimeFx is an offshore broker that offers multiple assets for trading on the sophisticated and popular MT4 and MT5 trading platforms.
First-time deposits of $500 or more are rewarded with a tradable bonus at the time of drawdown. If you deposit that amount, you will receive an incredible 101% bonus, and if you deposit $100 or more, you will receive 30%. This factor will also be considered when choosing a broker since the platform a client wants to use will depend on the type of trading they want to do. Trading positions held for an extended period are recommended for “Swap-Free” accounts. Positions swaps for subsequent trading sessions do not incur a fee, but a fixed commission is paid.
LimeFx Trading Platforms
The only promotion that I can recommend to you is the drawdown bonus. This is the most beneficial bonus that you can claim to get your account even more secure from margin call since it can hold trading drawdowns. Not gonna lie, but the broker got me with their tight spreads.
In the forex market, currency unit prices are quoted as currency pairs. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses. The online Forex broker LimeFx has been working in the foreign exchange market https://limefx.club/ since 2004. We provide one of the best trading conditions on the market due to which we are among top Forex broker companies according to the research of the famous news agency Interfax. Because of its features and many services, LimeFx has acquired the trust of many forex traders.
Does LimeFx have a wikipedia page?
The choice of platform is commendable because MetaTrader platforms are popular and thousands of EAs and apps created for these platforms are already in use. Multiple payment options are available; this includes Bitcoin and multiple e-wallets. The broker uses premium liquidity providers and ECN technology to bring about low spreads and fast executions. It is, therefore, no surprise that the broker has won over 10 awards in honor of its outstanding performances.
This is highly disadvantageous to users on those platforms. Nonetheless, this is much more prevalent in the example of Market Maker brokers who compete with customers on the platform. Please note that we have been working in the Forex market for 17 years. We are waiting for you in the team of successful LimeFx traders. Please note that we have been working in the Forex market for 16 years.
We tested communicating via LimeFx support in multiple languages across multiple countries. LimeFx were successful in resolving client’s problems. If trading currency pairs is of interest to you then LimeFx offer over 139 currency pairs. Generally, LimeFx doesn’t charge high fees in comparison to other online agents.
Instead, you can use the tool below to find a high-scoring broker that accepts clients from your country. In the event there is anything you are unclear about, especially regarding deposits or withdrawals, you can always turn to LimeFx customer support. They are available around the clock via email, live chat, and you can even make a phone call to their head office. You can sign up for an account on the trading conditions page by visiting the company’s website. Then, go through the standard registration procedure by clicking on “Create account” in the next window. A LimeFx account is credited instantly with funds, and withdrawal requests are processed instantly.
This instrument can get a stable income due to the high volatility index. As a result, the broker’s clients earn profits on shares of Qiwi, Nvidia, Apple, eBay, Goldman Sachs, among others. Established in 2004, LimeFx is an offshore brokerage operated by Riston Capital Ltd., incorporated in Saint Vincent and the Grenadines. Clients from over 200 countries are offered over 130 different financial instruments and a range of educational tools.
This is an online shop where LimeFx sells EAs, indicators and forex signals. The broker asserts that most of the robots were created by leading developers and only a few are paid, most are free to download and use. No service to clients from the US, UK, Spain, North Korea, etc.