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Forex Trading

LimeFX Review: Scam or Legit? Can you withdraw profits?

LimeFX is actually E-Global Trade and Finance Group Inc., based in the British Virgin Islands. This broker is also well aware of technical issues encountered by people trying to change their passwords for MT4. Clients can sign in into the Back-office with any created login and switch between partnership accounts without signing out from your accounts. In the end of June 2013 Finance Magnates interviewed CEO of LimeFX and asked whether LimeFX will be acquiring any additional licensing.

Yes, trading through LimeFX is a nice and good experience indeed. It is a great and intuitive platform with helpful features for your simplicity. Moreover, you could even obtain access to a vast collection of educational tools and assistive substance to kickstart your trading experience. The reason that LimeFX asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies.

Download the LimeFX MetaTrader 4 Program free of charge from Apple’s App Store. LimeFX customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. At the time of writing this LimeFX review, and despite LimeFX’s impressive offering, the company has surprisingly not garnered any awards to date.

If you happen to be a resident of CIS or Asian country, LimeFX might be one of the best choices. Cards issued by VISA, MasterCard and Maesto are the only cards permitted for use on LimeFX via SOREXPAY payment processor. Card deposits are charged at 2.8% transfer fee + a flat fee of 0.5 USD. Apart from all the reporting functionality, Share4you provides one feature which is frequently overlooked by investors, but is a major role player – ability to see all previous accounts of the ‘Leader’. Share4you is a truly remarkable service which has all the necessary functionality for copy-trading, and at the same time is very simple and intuitive. All information on 55brokers.com is only published for general information purposes.

The education material available is vast and informative with videos suitable for beginner traders, as well as advanced trading guides which are regularly updated so that they can be relevant at all times. Trading costs for each type of account and the instruments limefx scam traded are covered down below. 100% Deposit Bonus – LimeFXLimeFX’s deposit bonus is back and it’s bigger than ever! Avail up to 100% worth of deposit bonus to boost your trading funds an … Hello everyone it is possible to retrieve your stolen bitcoins.

LimeFX forex brokers reviews

Whether you’re interested in trading forex, crypto, indices, commodities, or stocks, many options abound. It is surprisingly easy to navigate one’s way around this trading platform. With 150+ financial instruments available, traders will have no problem picking assets and trading at their leisure. A full range of analytics options, tools, and trading resources is available to assist clients.

Does LimeFX have fees?

These markets are traded on MetaTrader 4, Forex 4 You Mobile, WebTrader, and the desktop client. Multiple deposit options are supported, including electronic systems, bank cards, and bank wire transfer. Electronic payment systems include NETELLER, Skrill, and WebMoney.

LimeFX forex brokers reviews

Please keep in mind, that order’s execution is performed on server side, and then result of this action displays in trading terminal. Due to the technical issue, information was not updated in your terminal. Also, on your email address LimeFX Dealing department has provided server logs, where are displayed order’s closure request from your account, and order’s further execution. There you will be able to acknowledge all common information regarding account types and settings of them.

Deposit and Withdrawal Options

These benefits are what sets LimeFX apart from all other online brokers. You should check all the benefits listed so that you have a better understanding of LimeFX. LimeFX is a trading partner that has paved its way successfully to the broker world. Within this review, we have tried to collate some of the vital facets of LimeFX. This guide will allow you to understand whether LimeFX is a fantastic match for your own LimeFXs or not. We have tried to breakdown all the qualities and charges for your advantage.

  • It is specially offered while the market volatility prevents customers from allowing their account go in the red.
  • So, in a nutshell the trading profile of LimeFX is strong & trustworthy.
  • Moreover, since 1 August 2018 The European Securities and Markets Authority has placed investor protection measures on the marketing, distribution, or sale of CFDs to retail clients.
  • Currently they allow traders access to over 150+ instruments, which include Forex, Commodities, Stocks, Indices, and Cryptocurrencies.
  • A wide range of markets is currently supported at Forex 4 You.
  • The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

The broker offers clients access to over 150+ markets across Forex, Indices, Commodities and Shares through its own proprietary trading platform as well as the MetaTrader 4 platform. The focus of this review is on , however, there are some services such as copy trading offered by which are also covered in this review. LimeFX offers its clients, just like other forex brokers, the choice of several basic account types to suit their trading needs. Fixed or variable spreads and Dealing Desk execution are available on Cent and Classic accounts. A currency trading platform is a software interface provided by currency brokers to their customers to give them access as traders in the Forex markets. This may be an online, web-based portal, mobile app, a standalone downloadable program, or any combination of the three.

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You will not be able to trade Stocks, Indices, Commodities, ETFs, Futures on any MetaTrader 4 platform unless they are CFD contracts or Spread bets. You will not own any underlying assets with CFDs or Spread bets as you are speculating on price movements. Every online trading platform will have some ups and downs, and no LimeFX review limefx courses scam would be complete without showing both sides. This LimeFX review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect. They features trading on MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps.

Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically. Many unprofessional brokers try to pressurise users into bigger funding for premium services. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the greater advantages will become available. LimeFX has over 110 trading instruments to support all types of traders. These instruments are lively and convenient for both new and seasoned traders.

  • The educational section at LimeFX is very enlightening for new traders since it allows them to have a closer look in the financial markets.
  • You have to bear in mind that PayPal isn’t available in every country.
  • Although there are many reviews on the internet, not all are accurate.
  • Minimum and maximum trade size depends on the instrument and trader with LimeFX.

The purpose of scalping is to make a profit by buying or selling currencies and holding the position for a very short time and closing it for a small profit. A managed forex account is where a professional trader/money manager manages the trading on the clients’ behalf. The account is made up of a personalized portfolio owned by a single investor. The portfolio and account is handled accordingly to the investors needs.

Bonuses

The minimum deposit ranges between $1 and $10, with processing times listed as instant. While LimeFX waives deposit fees, it does assess a fee for withdrawals. The Financial Services Commission of the British Virgin Islands regulates E-Global Trade & Finance Group, Inc., the owner of LimeFX. It maintains a clean regulatory track record and also has an aggregate of $5,000,000 indemnity insurance with Willis Limited in the UK. The broker does charge inactivity fees of 10 units of the base account currency after 24 months of no trading activity.

You should consider whether you can afford to take the high risk of losing your money. Lastly, all trading accounts can be opened with either USD or EUR as the base currency. Majority of reviews will often paint a very abstract picture about the service, it will be better to open a cent https://limefx.vip/ account and see how you feel about the broker. The main idea is that affiliate earns 50% commission of Tier 1 clients spread, 16.7% of Tier 2 spread, and 5.6% of Tier 3 spreads. MoU”) regarding the mutual assistance in the supervision and oversight of managers of LimeFX funds.

LimeFX is an offshore Forex and CFD broker owned and operated by E-Global Trade & Finance Group, Inc., based in the British Virgin Islands. The website provides multiple offices of the company based in Latvia, Thailand, Malaysia, India and Vietnam. LimeFX is not a secure broker because it is registered offshore and does not hold a proper Forex broker license. Little or no transaction fees are charged for the clients’ best experience. This is an installable platform for both windows and also MAC devices. It provides awesome charting tools and excellent execution speeds.

The Trading Hero Contest takes place in live demo accounts and awards the 30 most profitable traders each month with the top prize, which is $400. The 100% deposit bonus is straightforward; LimeFX will double your deposit, up to five per account, with no limit. Those who understand the terms and conditions can boost their portfolio significantly with this offer. It remains a viable opportunity for traders with a long-term horizon. The 50% cashback program will lower trading costs for clients in a non-partner account.

LimeFX Trading Information 2022

Segregated account is an important term in the context of Forex trading in which a broker holds their client funds in segregated accounts that are different from the broker’s core banking account. Segregated accounts are used to differentiate between the broker’s working capital and its client LimeFXs. In the forex market, currency unit prices are quoted as currency pairs. For accounting purposes, a firm may use the base currency as the domestic currency or accounting currency to represent all profits and losses. Along with your FX trading, you can also participate in the partnership program of LimeFX. The most amazing fact is that they offer 3-level affiliate program where you can not only affiliate commission from your referral sign ups, but also earn from the clients of your referred partners.

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