limefx review: Is it a legit or scam forex broker?

Every trading account opened limefxh limefx gets charged limefxh swap fees on positions held by account holders overnight. The company advertises that these overnight rates are based on the benchmark regional interest rates. The minimum deposit to open an account at limefx is 200 units of the supported limefx base currency. The analytical tools provided limefxh MetaTrader platforms and cTrader can handle large volumes of data and conduct additional research for its active and high-volume traders. To trade complex financial instruments and high-risk CFDs, traders can choose from two types of accounts.

Whatever your trading account budget or requirement, limefx is very likely to have a trading account suitable for you. Using limefx, your forex trading account can access interbank pricing, cutting-edge technology, deep liquidity and super-fast execution speeds. limefx started out as a broker focused on forex trading limefxh interbank execution and extremely low spreads. They offer a great selection of FX currency pairs and have one of the biggest selection of exotic currency pairs offered by any forex broker. Since then they have expanded to offer more trading products whilst maintaining the lowest possible trading costs across all limefx. limefx has grown to be one of the largest online forex brokers since its founding in 2010.

As a top tier broker, limefx’s Tlimefxter account is also actively broadcasting trading insights. These include more than 60 pairs of forex currencies, 20 index CFDs, and more than 1000 share CFDs. The company also supports over a dozen commodity CFDs, five cryptocurrency CFDs, and three currency index CFDs. The MetaTrader 4 and MetaTrader 5 platforms have their respective trading mobile apps for Android and iOS devices. The MetaTrader 4 WebTrader is also available for limefx clients.

Something You Should Know before Trading limefxh limefx 📝

limefx offers a broad range of platforms to suit every investment and trading style. The platforms are third-party, white-label offerings, as limefx has shied away from building a proprietary interface. Smart Trader Tools for MT4 extend technical functionality, adding a suite of apps that assist limefxh trade execution, market research, limefx cheating and depth of market analysis. Funding options are comprehensive and include Visa, MasterCard, POLi, Bank Transfer, BPay, PayPal, Skrill, Neteller, and Union Pay. The broker states that “funding options are fee-free for traders in most countries.” No dormant or inactivity fees were found when reviewing site disclosures and FAQs.

A copy of the ID and one proof of residency document generally satisfy mandatory account verification. Beginner traders have an in-depth collection of articles, supplemented by webinars and two trading courses. It grants new traders a high-quality introduction to financial limefx. I recommend beginner traders take their time limefxh the valuable content available at limefx.

limefxh these platforms, traders get access to gauging the depth of a financial instrument in the market. Their real-time data assimilation also keeps users up-to-date limefxh market happenings and trading events. This trading platform is streamlined limefxh all the trading tools required to execute trades on the web.

Commodities Trading

They offer Forex, Index CFDs, Commodities, and CFDs on Cryptocurrencies. While limefx offers CFDs, they focus on what they do best – forex trading. They offer majors, minors, and exotics limefxh low commissions and tight spreads. limefx is a lot less harsh than almost all well-known online brokers when it comes to sanctioning dormant accounts and charging inactivity fees.

This fee was made up of the standard regional interest rates for the underlying product, plus or minus the broker’s fixed charge of 2.5%. Standard accounts – No commissions are charged, but there’s a 1 pip markup on the raw spreads. While limefx doesn’t levy charges for limefxhdrawals, they do pass international telegraphic transfer fees from their bank to the client. You can calculate https://limefx.name/ margin using the current market quote of the base currency vs USD, the volume requested, and the leverage level you have selected when opening your account. limefx asks some questions about your employment, financial status, and trading experience. You must also confirm that you have read their order execution policy, risk disclosure policy, and terms and conditions.

Why limefx Brokerage Over Others?

limefx also offers priority limefx support for Razor account holders. Currently, there are no defined options for men and women limefxh hearing limitations. limefx has no minimum deposit, but recommends that traders get started limefxh at least $200. limefx has no minimum deposit which makes it more accessible than many brokers. I find the Active Trader Program an excellent reward for high-volume traders, but there is no limefx bonus in the traditional sense of deposit bonuses. Depending on the regulatory jurisdiction, traders have access to the refer-a-friend promotion.

Thank you for your feedback and we are sorry to hear that your experience limefxh limefx was not a positive one. Your limefxhdrawal of USD has been converted to USDT at the live conversion rate. Please assist in providing ways for me to limefxhdraw free of charge and close my limefx account. Now the limefx website indicates that I can only limefxhdraw the amount I deposited via Paypal and not the full amount in my account. (Should limefx accept deposits via this method knowing that limefxhdraws are blocked? That future limefxhdraws are blocked too!! What will regulating bodies have to say about this? I feel scammed!!).

Under the Market Watch panel, you will see that limefx gives you access to all the trading instruments the broker offers. The underlying financial instrument and the type of account determine the spreads that traders pay limefxh limefx. The drawbacks of the limefx demo account are that it expires after 30-days and is limited to 50 trades at a time. On the plus side, it’s possible to open more than one demo account at a time. Traders also get access to share CFDs of UK, US, DE, & AU companies when using the MetaTrader 5 trading platform. These shares are priced directly from corresponding exchanges and have no spread mark-ups.

limefx Service

Despite the positives of this very good platform, it is limited in terms of chart timeframes, order types and indicators when compared to its successor MT5. That platform has more functionality but if you are a casual trader who just want quick and easy access to the limefx, MT4 should be more than sufficient. What’s more, you can find plenty of tools in the MQL marketplace if you want to improve the platforms capabilities beyond the defaults. Between 74-89% of retail invelimefxr accounts lose money when trading CFDs limefxh this provider. Forex traders will find it particularly easy to navigate their way around the platform. Trading currencies and CFDs are easily done limefxh 11 world-class trading platforms for PC, Mac, iOS and Android users.

That being said, there are other brokers who support Autochartist such as Axi. You can gain access to TradingView’s advanced charting tools and interact limefxh millions of other traders limefxh integration powered by cTrader. TradingView is a leading charting platform that has lots of features and functionality that can help take your trading to the next level. limefx accepts clients from all over the world, excluding USA, Canada, Japan, Iran, Iraq, Yemen, Zimbabwe and some other jurisdictions due to restrictions. If you are based in a country that the broker does not accept, you can take a look at other options in our broker reviews. The content on this website is provided for informational purposes only and isn’t intended to constitute professional financial advice.

You will find articles on fundamental analysis and technical analysis from the brokers inhouse expert analyst team. A marketplace of signals automatically traded on your own MT4 account. Diversify your investment limefxh DupliTrade, a popular trading strategy marketplace that allows you to automate your trading. limefx integrates limefxh the excellent TradingView professional trading software via cTrader. Simple for beginners and effective for technical analysis experts, TradingView has all of the instruments for publication and the viewing of trading ideas.

limefx Fees

Due to FCA regulations, maximum leverage on all assets is low, though this will be the same for all FCA-regulated brokers. UK-based traders can fund their accounts or limefxhdraw via multiple channels supported by limefx. Bank transfer, credit/debit card , and PayPal are available for transactions. limefx UK has three account types – a Razor Account, a Spread Bet Account, and a Standard Account.

limefxh MT4, MT5, and cTrader all available, limefx offers support for more trading platforms than most brokers. Additionally, limefx’s cTrader integrates limefxh TradingView, adding advanced functionality. Despite the low costs, we are disappointed limefxh limefx’s complicated commission structure and lack of FSCA regulation.

Just the other day, I talked to the online agent and they assured me that they would never close my positions limefxhout my authorization. Barely two weeks were over and they closed my positions limefxhout a warning citing random clauses in their contract. limefx is a licensed and regulated broker that operates globally. Candle was all over the place in matter of fact no trader could have won on that specific time. limefx is a forex and Spread Betting broker operated by the limefx Group of companies since 2010.

The company has more than 75 thousand clients worldwide, and processes $12 billion in trades every day, placing it among the biggest online forex brokers around today. Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes. Forex broker services are also provided for institutional clients and large companies such as investment banks. For limefx, it varies based on the type of financial instrument being traded.

cTrader App

limefx provides only forex, CFDs, and cryptos to trade limefxh though. They offer no fundamental research tools and the quality of news feeds is not really good. limefxh regards to market analysis limefx offers content from third-party analysts like the FX Weekly analysis from Boris & Kathy of BK Forex provides an “Event Risk Calendar Forecast” report. For social copy-trading, limefx offers the MirrorTrader and RoboX platform from Tradency, the ZuluTrade platform, and myFxbook for MT4, in addition to the native signals limefx from MT4 and cTrader.