LimeFx forex broker: LimeFx Forex Broker Review

LimeFx forex broker: LimeFx Forex Broker Review

April 23, 2020

LimeFx forex broker
LimeFx forex broker

So, if you are looking for a new Forex broker to start trading with, you can confidently with LimeFx. This educational material can be very useful for both beginner and experienced traders. The material is prepared by professional traders with decades-long of experience in Forex trading. We believe that anyone can find something to learn new from the educational material of the company.

A secure encryption and connectivity is provided via SAS 70 certified data centres. Order execution speed averages between 0.05 and 0.08 seconds. I’ve had plenty of unsuccessful trades at first and lost quite a lot of money but after a while I figured out how to trade properly and started making money. Many people give up way too soon, that’s why we see so many angry reviews. All you have to do to avoid this fee is to open at least a trade every two months, which shouldn’t be a problem. The broker was launched in 2021 and thus far we couldn’t locate any major user complaints.

Touch device users, explore by touch or with swipe gestures. The new Savings Account from LimeFx represents a unique know-how developed by the company’s specialists, based on DeFi technology. As a global leader in CFD trading, here scammed by limefx at LimeFx we are always looking to expand our product offering, and provide the most convenient, yet feature-rich trading… We have tried all of these three options and were very glad to see that all of them work very well.

LimeFx forex broker

Let’s get started with an in-depth review of LimeFx in which we will tell you the pros and cons of trading with this broker. In this booming market, it’s hard to find a broker that you can trust. There are some people out there who claim they can teach you how to make money through trading but don’t really have any real proof of their own. In addition, LimeFx has a section of frequent questions on your website, where traders can find answers to the most common questions they may have. The possibility of accessing this platform at any time you want is one of its most notorious virtues. This allows to take advantage of the opportunities that are being presented in real time.

Gold Account

However, it still is a great way to learn more about Forex trading, get used to the way the trading platform works, and grow as a trader in general. Also, all these US accounts served one purpose – to publish that company has been a CySEC regulated broker, which is a notorious lie. Meanwhile, it’s an offshore brokerage holding FSC regulations. Above all, broker has excellent reviews on Trustpilot, with one issue. In general, all of the reviews are coming from US traders, which according to broker’s policy, cannot be accepted. So, based on everything we’ve seen, the company operates in Africa, Asia, and South America.

Beginner traders should always trade on a demo account first, which you can do for free and unlimited at LimeFx. Experienced Traders will enjoy the MetaTrader 4 as the main trading platform. The site has a lot of useful information, the support team is always ready to help, and the minimum deposit is quite small, so it is quite easy to start trading. But experienced traders will also find advantages for themselves, however, some tools may not be enough. The broker has a reasonably cheap spread and swap fee, which will help traders increase their profits.

Pros and Cons of trading with LimeFx

Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. The website and research support is designed in such a way that you can play with different options hassle-free understanding legitimate risks. This is very pathetic and I felt so bad losing my LimeFx. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was.

LimeFx forex broker

The spreads are also variable depending on the asset that the trader is trading on. The lowest that the broke goes with spreads while trading forex is .03, and the highest spread charged is 3.1. In commodities, the highest spread is 0.59, and the lowest is 0.37. The broker provides a comprehensive range of e-books regarding various information about the financial markets. Access to 350+ Tradable assets through different financial markets.

Trading Platforms

The broker has an efficient customer support team that works round the clock to answer your queries. Moreover, the services are offered in multiple languages apart from English. The spreads are variable as per different trading assets and account types. Besides forex currency pairs, the broker provides a floating spread for other asset classes.

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The involvement of two currencies is mandatory in forex trading because one currency is bought and another one is sold. The foreign exchange market decides the exchange rates of currencies across the world. A pair of two currencies is known as a forex pair or currency pair.

Comparison LimeFx vs. average Broker

Start your journey with this broker today by opening a demo account. This InvestFW review was written by industry experts with over 20 years of financial experience in the Forex market. This is only a review and should not be taken as financial advice. Traders can use the platform to invest in financial markets and earn good returns. Even though new, trading on LimeFx will feel right at home for both beginners and advanced traders. The trading platform uses the popular MetaTrader 4 trading software in the desktop, web app and mobile app formats.

  • A trader does not need to begin with massive sums of money.
  • The broker aid in speculating the price movements of different assets and difficult see-through modes.
  • We believe that anyone can find something to learn new from the educational material of the company.

The infrastructure is also not outdated and ideal for traders who want fast order execution. The average order execution time is between 0.05 and 0.08 seconds, which is very swift. Crypto traders will love LimeFx for its big offering of different cryptocurrencies. With over 30 different pairs, clearly stands out from the competition. The low minimum deposit of $250 is complemented by several payment options. If you are in a rush, you can use the instant deposits via credit card.

How to open an account with LimeFx?

Alternatively, you can check out broker’s reviews on the internet. The platform offers an opportunity to understand and trade in the volatile market of cryptocurrencies, such as Bitcoin, Ethereum, Litecoin, Dogecoin etc. It is the youngest form of instrument that offers the power to become rich quickly due to higher volumes and unpredictability of the market. An Investor would often leap onto the Gold Account after purchasing enough experience from Silver Account. It’s a rare sight, and not many brokers do that for their clients.

This is why we have included a field that indicated a minimum amount of money one needs in order to open an account with a certain broker. The broker charges zero commission on deposits or withdrawals. The process is quite straightforward, hassle-free, and fully digital. The client has to click on the deposit button to add funds and withdraw to take them out. The support team is always ready to help resolve issues and response quickly. The process of contacting LimeFx for resolving issues is seamless and smooth.

Several sources of information and educational materials are available such as daily news, courses, tutorials, eBooks, trading signals, and others. It is protected by Secure Sockets Layer and firewalls that ensure encryption of the data of traders. On the other hand, the platform allows you to raise withdrawal limefx requests anytime, anywhere. Complete the questionnaire part, where questions regarding your past trading experience will be asked. In this section of our detailed InvestFW review, let’s understand the InvestFW account opening process. The process is quite straightforward and took a few minutes to complete.

Featured Brokers

These brokers follow rules and regulations set by the regulatory bodies. Apart from this, they have to submit their financial documents from time to time such as audit reports, account statements, financial statements, and various others. The advanced and enhanced mobile application is another great benefit offered by the InvestFw brokerage platform.

The broker offers innovative analysis and research tools to help traders know about the market’s latest updates. The broker offers a wide range of stock trading assets through major stock indices like Nasdaq100, S&P 500, DowJones, etc. Investors put their hard-earned money in the trading fields for high profits that they feel would help them manage their luxurious life and be worth the risk they are taking. For investing, they research, study market factors, understand them, analyze them, and enhance their knowledge of the trading world. All this takes a lot of energy and time from the investors.

Exactly what you are looking for when you need someone reliable for your trading journey. Access to over 350 Tradable assets through various global markets. Withdrawal requests can take up to 4-5 working days to be processed, whereas deposit orders are executed quickly. The payment options include bank wire transfer, credit or debit card , and Skrill and Neteller. The professional analytical instruments set is given to customers. Through webtrader it is also possible to use a history of similar operations at the same time that the analytical reports of the operations are consulted.

The broker also offers an Islamic account facility based on the Shariah law principles for traders with the Muslim faith. A good broker, with whom I periodically lost money, but in general, I earned much more than I lost. The risk of losing money, in general, is always present, regardless of the broker, but LimeFx has a pretty good set of trading tools. LimeFx uses segregated accounts to store its clients’ funds separately from the company’s funds. The broker is also a sponsor of the Argentine football club Boca Juniors.