LimeFX Is It A Scam? Review

However, if mobile trading is your only option then you can’t really go wrong with the MT4 / MT5 app. In terms of the fees charged on deposits / withdrawals, it will depend on the type of funding that you do decide to use and the type of currency that you will be funding in. Of course, to manage the risk on the platform, LimeFX will adjust the leverage limits based on the size of the position that you take on. Below is a table with these max leverage numbers on major forex pairs. However, LimeFX don’t have the best reputation and their regulation by financial bodies really isn’t the strongest.

Autochartist is one of the most effective technical analysis web applications and MT5 plugins. If you trade with LimeFX then you have access to both the app and the plugin. For us, customer support is one of those pivotal litmus tests that we apply to a broker. It is also worth pointing out that LimeFX will not credit your funds if you send them from a third-party account.

In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings. If you don’t have latest version, you might as well send e-mail to MDP support. I would like to know which VPS you use to run your LimeFX account. I was going to use CNS for the vps but it shows that the latency is high for LimeFX broker. Essentially, this EA can be used on every brokers, but if you want same performance as the official forward chart, it require…… If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

LimeFX makes use of Metatrader technology which was developed by the Metaquotes company. These platforms are the most widely used third party platforms at brokers. One of the most important criteria for a Forex trader is no doubt the types of trading platforms that you will be using. When it comes to the speed of the execution, if you are on an Currency strength ECN based account then the order will be executed in the market. However, given that you are operating through a dealing desk on the standard accounts, the order is executed instantly. With all of these accounts, you require 50% of the hedged margin in order to open or maintain a hedged position on the same instruments in the same account.

And constructive criticism is always met with full understanding and an addressing of faults by the company. Traders who have started working with «LimeFX» have a real opportunity to get advice from a financial consultant by contacting him by phone, e-mail or live chat. Overall, we found LimeFX to be a reasonable and transparent broker that has low spreads with an attractive array of assets to trade .

Live Accounts

As of today, he’s still trying to apologize for disappearing on me, and trying to get me to give him my cc information so he can send me my profits.

This allows you to administer your accounts, fund / withdraw, view the latest economic news as well as the latest Apari market analysis. LimeFX offers a demo version on each one of their accounts accept for the Nano account. These demo accounts can be used for an unlimited period of time and you are allowed to refill your demo funds once they have been depleted. These differ according to a number of factors including the type of platform, minimum trade size and processing type. They have standard accounts, pro accounts and their ECN no dealing desk accounts. Through the use of direct market access, thin asset spreads and an array of trading technology, LimeFX has managed to register over 1 million clients during this time period.

LimeFX Demo Account

It’s hard to verify reviews from retail traders though, without evidence to support. LimeFX have a huge range of funding options including Visa/Mastercard, Skrill, Neteller, VLoad and wire transfer. LimeFX offer MT4 on all account types and MT5 on the ECN accounts. Posting the latest news, reviews and analysis to hit the blockchain. Finally, the lack of a regulatory licence is disconcerting for us. Yes, they are a member of the financial commission but without a governmental body watching over them, clients cannot be certain that you are fully protected.

Binary options with «LimeFX» (traders’ reviews can be read below) provide a quick start in one of the most promising markets. For the convenience of its customers, «LimeFX» provides the opportunity to work for a while on a demo Currency crisis account. This work does not require a deposit, and the acquired experience is quite real. In addition, the company regularly conducts online training seminars, as well as residential classes for those wishing to participate.

LimeFX Review

«LimeFX» was one of the first Forex organizations in CIS, one of the oldest and largest brokers in the world. The broker provides active introduction of innovations, professionalism of employees, trading of not only binary options but also Forex and CFD. They boast a large number of satisfied customers around the world, positive reviews, and prestigious awards. «LimeFX» is a broker that has achieved such amazing results due to the fact that it always works for the convenience and comfort of its customers. Investors, who expect great opportunities for profitable investments in proven solutions, also kindly cooperate with the company. Investments with «LimeFX» (customers’ reviews can be read below) are simple and profitable.

They also have a standard minimum lot size / trade increment of 0.01 across the accounts. They also offer clients the chance to trade spot metals and commodity CFDs. However, these are quite lacking in terms of the individual assets.

However, it is necessary to know that the withdrawal can be done through different methods and each of these methods has its limitations. These apps have hundreds of features and you can place orders with one-touch functionality. You can monitor open positions, view charts and studies as well as monitor the performance of your EAs. So, although they do not have the backing of some governmental regulator, there are protections and dispute resolution mechanisms in place to deal with it. LimeFX was founded in 1998 and their main office is based in St Vincent and the Grenadines. They have a registration number of IBC 2012 and are located at LimeFX Limited, Suite 305, Griffith Corporate Centre, Kingstown.

The LimeFX Charitable Fund

To date, almost all representatives of the Forex market in Russia know «LimeFX», and they’re probably not the only ones. With more than seventeen years of activity («LimeFX» was established in 1998), the team of founders has led it to the top of the Forex market. Today, the company justifiably occupies one of the leading positions among the world’s largest brands working in the Forex industry. But their results have not led to stagnation; today, as in the beginning, the company’s employees are constantly finding new solutions and striving to conquer new heights. If you are looking for an established broker with very high leverage and low spreads then you could consider it. They are a combination of written reviews as well as video pieces.

• MT4 is available to trade on all account types, whereas it’s worth noting that MT5 is only available on MT5.
• Of course, if you do not want to risk your funds at first on a live account then you can always opt for the free demo account on offer at LimeFX.
• If LimeFX wants to continue providing the best service then they need to reconsider this.
• Today, the company justifiably occupies one of the leading positions among the world’s largest brands working in the Forex industry.
• Hence, the bank account / funding method has to be in your name.
• A convenient platform, low investment threshold, fast transactions, high-quality training, professional analytical materials – all of this waits for the «LimeFX» client.

When you trade at LimeFX, you are trading on margin and with high degrees of leverage. In other words, the amount of funds that you need to cover a position is only a mere fraction of the size of said position. Review Loads of cryptocurrency and blockchain project reviews for your education. Their Live Chat is also available if you want to get in touch instantly. LimeFX have a good range of customer support lines, tailored to the issue you may be having. They don’t have a very good reputation online, especially in ForexPeaceArmy’s forum.

LimeFX is no exception in this regard and they have got a whole host of material that could help inform your trading. While a great deal of this material is positioned at beginner traders, they do have some tools that the intermediate / advanced traders can use. Unfortunately, there are no crypto withdrawal options even though this is an option for funding.

For example, when it comes to charting you have additional timeframe options. You can use this to code your own Expert Advisors on the platform. EAs are LimeFX review – Scam or legit forex broker? trading scripts that will run 24/7 and trade automatically. For example, there is advanced charting with numerous drawing tools at your disposal.

Binary options 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.

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. LimeFX is one of the leading companies providing not only binary options trading, but Forex trading in Russia. The company is one of the initiators of Center for regulation of over-the-counter financial instruments and technologies and a member of the Financial Commission. Moreover, they have some of the most attractive Forex leverage levels and provide their traders with the best trading technology to do the job.

It is also worth pointing out that if you are going to be transferring funds between accounts and a currency conversion takes place, then LimeFX will try to convert the rate at close to market. To augment these analysis tools, the MT4 platform has a range of different order types that you can use to strategically enter / exit positions. For example, you can place a number of different stop losses both fixed and floating. This is the most well known and longest running of the two Metatrader platforms.

They only offer two metals pairs to trade and only have oil and natural gas in their commodity pile. This body will operate independently and deal with disputes that are raised by the traders. This could be disbursed by clients who can prove that the broker was acting dishonestly. As forex education has bettered, it’s become clear to traders that technical analysis and price action is only a piece of the puzzle.

MT4 is available to trade on all account types, whereas it’s worth noting that MT5 is only available on MT5. Both are good platforms to trade with and are well known within the trading world. MT4 has always been my personal preference as I’ve traded on that platform for a few years now, I find it a reliable platform to trade on with a range of tools to make trading easier.