LimeFx Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX Score:7 11

Here, we focus on how long the broker has been in business, the size of the company, and how transparent they are in terms of information being readily available. Traders interested in the bonus programs should read the terms and conditions carefully. LimeFx was founded in 2005 and has since become one of the fastest-growing and most impressive brokerages on the market today. Regulated in Nevis, a light regulatory approach combines with technology and a forward-thinking management team. I have been working with the company for more than 10 years.

  • Traded a few months, everything without issues, after verification of the account taken on the same day, repeatedly asked questions regarding registration, trade, etc-support is working properly.
  • The financial instruments provided on LimeFx while you are trading are top-notch in comparison to many trading platforms and mobile platforms.
  • Also, it’s important to note that a wider variety of trading instruments are available via the ECN account.
  • There’s been talk a lot about the credibility of that company see you my personal experience with them to know that.
  • Trade Forex and get cashback from LimeFx regardless of the results of your trades.

Negative balance protection, segregated accounts, and compensation funds in the case of UK and EU entities give traders a degree of security. However, clients with the offshore entity have very few protections guaranteed to them in the event of broker insolvency. They also risk having a negative balance, which could easily happen when using high leverage levels.

Account Application

FX Open offers the Mobile, MT4, MT5 and web trading platforms. offers over 50 currency pairs, CFD, bitcoin and other cryptocurrencies for your personal LimeFx and trading options. When you are trading CFDs, watch out for the market movements from your retail investor accounts. Such distribution and inclusiveness are hallmarks of big companies and LimeFx is one of them. Traders who began trading on this site have benefit money and almost no complaints about the financial commission.

LimeFx broker reviews

I am a Full time professional trader and i am trading with this broker from the year 2018 and very happy with my trading results with them. Started trading with this broker in the Year 2015 and i have always got all of my withdrawals on time. This Broker is for serious traders looking to make money in the Forex markets. The trading conditions with LimeFx are good and it is one of the top Foreign Exchange brokers today.

And there have been no problems with it in this company in more than 2 years of trading here. The spreads are not too big, there is an opportunity to participate in contests and win real prizes. It’s a shame cos I really like its execution, it’s the fastest I’ve ever used in the industry, plus they have very useful trading tools that aid me in my trading. But yeah, spreads and fees are just too expensive, even during normal trading conditions.

Though, take into consideration that some of the payment methods may incur transfer fees, which LimeFx charges according to the various payment conditions and regions respectively. Starting to trade with LimeFx, you will first need to open an account and deposit funds. Once your account has been approved, you can then make a deposit using one of the many limefx courses scam methods available. Based on our research we found out that LimeFx offers user-friendly platforms with all the tools and resources you need to trade successfully. Crypto trading is available through 24 currency pairs including BTC, LTC, NMC, PPC, ETH, DASH, and EMC, with commissions of transaction volume of 0.25% through the first deposit of $10.

The STP Account

I am a trader with LimeFx since 2020 and it is a very reliable and safe ECN broker to deal with. For me as a Intra Day trader i was looking for a Broker that will allow me to do Scalping and most of the other brokers had restrictions for doing this. I am a Forex trader since 5 years and I traded with many 6 brokers in the past. I have had a wonderful trading experience with them and now it is my main broker. I will highly trust this Broker for my trading needs as they pay our money on time.

The real advantage and the services because of the execution of the order. Because simultaneously with intraday trading i love to scalp and low spread make it real good for the retail trader to go with ECN trading. I have more than 7 years of Forex trading experience and i am always looking for those brokers on which i can depend for my trading requirements. Though i trade with more than 1 broker but i am also trading with LimeFx because I like their services a lot.

LimeFx broker reviews

The market makers have given special attention to forex markets, clients ECN trading, active stock, tight spreads, multi-asset broker, many currency pairs, CFD trading, and many other trading options. The LimeFx brokerhas been functioning on the market for a long time, so there are many different opinions on working with it. In addition, the network employs a company manager who actively responds to comments and questions from customers – this indicates that the broker does not care for the service provided to the user.

Forex Brokers We Recommend

We found that LimeFx offers 4 accounts with defined conditions according to the tailored solution which includes STP, ECN, Micro, and Crypto accounts. Besides, there are numerous account base currencies that you can denominate your account including USD, EUR, GBP, AUD, JPY, RUB, BTC, etc. making your payments easier process. European regulator set a limitation towards maximum offered leverage levels, as ESMA recognized a potential risk in case very high leverage is used.

In this case, LimeFx holds not one but two licenses from ASIC and FCA which are indeed credible sources of broker’s legitimacy. Secondly, the broker should have some experience in the market. For instance, it would not be recommended to go for the brokerage established a year ago. The more time brokerage survives on the market the more reliable it is.

Also what i liked most is they have a responsive support team. The main reason is the Liquidity that it provides so that we can just focus on our trades without any major problems at all. With the help of the LimeFx Broker i was able to become a Full Time Forex trader and make good profits due to their ECN Trading system. I am doing my trading with the LimeFx Global from the last 5 years. They have very good trading facility by the way of the ECN Trading technology and Automatic withdrawals.

LimeFx broker reviews

The head office of LimeFx is situated at three different locations. It is considered one of the respectful and honest companies. A forex broker and trader can watch the market and price movement. As per many user LimeFx reviews, trading digital currencies, trading forex, and trading conditions are some of the important features of the reputable company. Before joining a trading site, it is necessary to know more than just a demo account. Risk is a major concern that stops many people from trying out trading platforms.

very fast deposit sistem

Local phone numbers are available in New Zealand, Russia, France, and Germany. On business days, tickets to LimeFx’s sales, finance, trading desk, and support divisions are answered from 7 a.m. Support will gladly answer any queries you may have about LimeFx’s products and services. On the website, there is a body of knowledge center that answers many commonly asked topics.

Review on LimeFx Forex Broker – Final Verdict

The range of tradable instruments is solid, but more depth could be added. For new and casual traders, the available platforms are not the most intuitive on the market, and there is room for improvement in the educational materials available. At least a couple of stories are published daily, covering various assets from forex to cryptocurrencies. Fundamental data such as Fed policy is covered and in depth technical analysis highlights technical patterns and key support and resistance levels. The analysis is written in-house and provides some high quality insights. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks.

So STP account is solely a spread account with all costs inbuilt. I equated this with bribery and said I didn’t want to deal with brokers who convert monetary transactions of clients into an income stream. Needless to say I was charged 20€ for the withdrawal, fortunately I was able to cover all the expenses LimeFx caused with some profits I made trading. As a News trader i needed more liquidity from the markets and they provided me that. The most important thing for any trader is the speed of order executions and they were best in terms of their server response times. As per user reviews & our research, we can say that LimeFx customer service is available 24 hours a day, 7 days a week by online chat, phone, and email.

The financial commission is reasonable as per industry standards. The financial instruments provided on LimeFx while you are trading are top-notch in comparison to many trading platforms and mobile platforms. LimeFx is a broker that offers competitive spreads, low commissions and advanced ECN technology, as well as excellent customer support. Maybe to avoid misunderstanding in fund transaction please do a communication with unfair banks because bad deposit/withdrawal process could also give bad reputation for LimeFx in the future.

Keep in mind that when trading stock CFDs, you speculate on the price of a stock without actually taking ownership of the underlying company. A currency pair combines two different currencies, with the value of one currency quoted against the other. For example, EUR/USD, which reflects the value of the euro measured in dollars. Algorithmic trading strategies and custom EAs can be deployed via the platform. Advanced charting with 30 indicators for technical analysis.

Leave a Comment

Your email address will not be published. Required fields are marked *

You cannot copy content of this page