Is LimeFx a Scam? Detailed LimeFx Review Updated 2023

In such a complex landscape, finding a reliable and trustworthy broker like LimeFx requires thorough due diligence and careful consideration. Some LimeFx trading features can be complex when trading on mobile or using the LimeFx online trading platform. Beginners and inexperienced traders must take the time to learn how to use the LimeFx trading tools properly. «LimeFx» is a broker (you can read reviews about the company below) that has achieved such amazing results due to the fact that it always works for the convenience and comfort of its customers.

Once beginner traders learn how to trade on a free demo account, they are ready to open a live trading account. Going to the «LimeFx» website – /en/ – you can easily confirm their quality and services. Their website is perhaps one of the most informative and convenient resources on the brokers’ market; any trader will find it quite comfortable to https://limefx.club/ work here. Here you can get acquainted with the company’s current bonuses and contests, as well as choose a convenient platform for trading. And this is only part of what the broker is ready to offer you with almost twenty years of experience. Just like other cryptocurrency trading platforms, LimeFx International offers the standard demo account.

What are the Awards of LimeFx?

For example, for a standard account the minimum spread for AUDUSD is 0.3 pips. Overall, LimeFx can be summarised as a credible and trusted broker that is very competitive in terms of its trading fees (against major currency pairs). The spread is also very low and is considered a low-risk trading environment. Are you trying to figure out which is a better broker, FXChoice or LimeFx International? After rigorously testing both brokers and putting each through our accurate and extensive reviewing process, we have concluded that FXChoice is the better of the two. FXChoice offers 50+ instruments, licenses from IFSC, and fair trading fees.

Investors, who expect great opportunities for profitable LimeFxs in proven solutions, also kindly cooperate with the company. LimeFxs with «LimeFx» (customers’ reviews can be read below) are simple and profitable. Binary options (reviews of options trading can be read below) with a broker create an opportunity for 30 second transactions. The company is the winner of the FINANCE MAGNATES AWARDS 2015 and has the title of «Best Binary Options Broker». The advantage of options is that it is easy and affordable, transparent and reliable. Binary options with «LimeFx» (traders’ reviews can be read below) provide a quick start in one of the most promising markets.

Does LimeFx offer CFD trading?

As for the occasionally encountered negative reviews, these are probably impossible to avoid. And constructive criticism is always met with full understanding and an addressing of faults by the company. And this is not surprising, because «LimeFx» today is not a simple brokerage company; it is already a large holding of international scale.

Brokers like LimeFx must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances. A financial asset is any security or asset that has financial value attached, tangible or intangible. We aim to provide you with all the information in this LimeFx review you need to determine if LimeFx is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LimeFx, so you can make a more informed decision and compare other brokers against LimeFx. Taking part in these contests gives experienced and novice traders alike the opportunity to earn some extra income on the Forex market.

LimeFx is a Best Broker

No matter your deposit method, the withdrawal of all profits must be made by bank transfer to a bank account in your name. Opening a trading account at LimeFx is a fully digital process and is hassle-free compared limefx reviews to other brokers. Some of the most overlooked trading costs are the non-trading fees that are charged by brokers. These fees can significantly affect your profitability and so should be carefully scrutinised.

The vast majority of these reviews describe the «LimeFx» withdrawal process as smooth, but when there are delays or difficulties, the reviews often refer to the banks or payment systems. Traders need to understand and remember that CFDs are leveraged, complex products that may be accompanied by the risk of incurring losses that may exceed the initial deposit of the trader. FXChoice provides you with the ability to trade via 3 trading platforms, and LimeFx International has 3 trading platforms, too.

Compare LimeFx International with other approved brokers

The commission-based ECN Account shows a minimum spread of 0.4 pips for a cost of just $3.00 per round trip, making it one of the most competitive offers available. LimeFx International also features a Pro Account, which is commission-free for a mark-up of 0.4 pips but requires a minimum deposit of $25,000. It is extremely convenient to get into the crypto markets without any prior plan, knowledge, or research to execute a trade. There is complete control of choosing the Strategy Managers and the amount the trader wants to invest. Copy trades also track records and monitor the LimeFx accounts in real-time and can be accessed from any part of the world.

• LimeFx International is a reliable forex and CFDs broker that was established in 1998 as the LimeFx Group, and rebranded LimeFx International in 2013.
• Contracts for Difference (‘CFDs’) are complex financial products and not suitable for all investors.
• Traders receive the payouts weekly, and there are no points, vouchers, or discounts.
• To trade effectively with LimeFx, it’s important to have a good understanding
  of the LimeFx trading tools and the markets.
• LimeFx International also offers an unspecified number of direct stock trading on instruments listed on the New York Stock Exchange (NYSE) and the NASDAQ stock market.
• The economic calendar is useful as a resource for Forex traders to remain updated on relevant economic events or information that is scheduled to be released and may impact the currency markets.

To access the education system, users do not need to have an account with LimeFx, as its educational content is offered free on the LimeFx website. The broker doesn’t offer any proprietary tools like a news blog, but fortunately, both MT4 and MT5 come complete with technical indicators, and MT5 has an inbuilt economic calendar too. LimeFx was one of the companies involved in the formation of the Centre for Regulating OTC Financial Instruments and Technologies (CRFIN) and upholds high standards of safety for clients’ funds.

What is the Offering of LimeFx in LimeFx?

It’s important to note that LimeFx requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps LimeFx maintain a trustworthy financial environment for its 10,000 users. Detailed information on the LimeFx trading platforms is available on their website. MT5 on LimeFx provides the convenience of using automated trading systems and copy trading, giving LimeFx traders competitive research tools in the financial markets. You should take the security of your personal information seriously and check SSL encryption is enabled on the LimeFx trading platform to protect you on PC and mobile LimeFx platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using LimeFx web trading platforms.

This tool is useful in predicting probable events and can be utilized as an important advantage to improve the new set of Forex trading strategies. Forex economic calendars make sure that the investors are always informed of the relevant economic news. In this way, the trading forex investors have an advantage to either prepare or plan their trading driven by the event or reduce the risk levels on the way. The brokerage firm was launched in 1998 and it was the first to be based in Russia. It is mainly regulated and supervised by the Financial Conduct Authority (FCA), a leading regulatory body in the UK. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Despite its past difficulties, LimeFx International remains a trustworthy broker with a distinct focus on emerging and frontier markets. All the payments at LimeFx are handled by a reliable payment provider that makes sure that the personal details are completely secure. On the other hand, card transactions are safely processed via FR Global Services Ltd and AI Accept Solutions Ltd. Users who join the LimeFx program are eligible to get up to $5 money-back on every trade they make. The Reserve Bank of India warns the locals to avoid dealing with unauthorized online trading entities, which are listed below, due to a lack of compliance.

LimeFx are considered reliable as they are regulated by and checked for conduct by the Financial Services Authority (FSA) Saint Vincent and the Grenadines. Any payments funded to LimeFx accounts by traders are held in a segregated bank account. Tier 1 is the official measure of a bank’s financial health and strength.Trading with LimeFx is risky, and because the market is so volatile, losses could happen at any time. To start the process of opening an account with LimeFx you can visit the LimeFx trading platform here. Losses can exceed deposits
You should consider whether you can afford to take the high risk of losing your money. LimeFx MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools.

LimeFx customers have instant access to the financial market and can completely manage a Portfolio on the go. LimeFx are able to accommodate various levels of traders whether you are experienced or a beginner. We understand that informed decisions with LimeFx are the key to successful trading, so we’ve provided this detailed LimeFx review. So, take a seat, grab a cup of coffee, and dive in to learn about LimeFx and how it can benefit you or if LimeFx is not for you. Traders of the Muslim faith can apply for a swap-free account which will allow them to avoid these fees, as interest is strictly prohibited by Sharia law. LimeFx has legal certificates from the FSC, FSA, IFSC, and CRFIN to perform Forex broker and trading services in several countries.