Forex Trading

LimeFx Broker Review: Are They Worthy?

Choosing a good and reliable forex broker is one of the toughest decisions you’ll ever make as a trader. With so many online forex brokers, it can be challenging to find the best one. LimeFx is mysterious about the initial deposit required across the account levels, which is uncommon among regulated brokers. There is also no difference between account types except for the average spreads. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors.

  • Wishing you continued success in your trading journey with LimeFx!
  • I have experienced some really sloppy support teams in this industry, but this is a breath of fresh air.Apart from being swift with their responses, they have also been very polite and understanding.
  • If you have any specific features or tools you’d like to see or any feedback, feel free to let us know.
  • LimeFx is a scam hidden behind an offshore license, a sleek website, huge bonuses, and alluring leverages.

To get started, all they just need is a trading account and a good understanding of the markets. LimeFx offers different trading accounts with various spreads and conditions. While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk. The reasonableness of commission fees largely depends on the trading style and preferences of individual traders.

Spreads are something that forex and other
traders need to pay as it is the cost of trading. LimeFx offers tight spreads
starting from 1.2 pips, making it one of the most competitive brokers in the
market. Hi Ammar, We’re thrilled to hear that you’re recognizing the value of our trading Academy and the Tradecopier feature!

I am guessing that they al undergo a series of training to be good at what they do because… I have experienced some really sloppy support teams in this industry, but this is a breath of fresh air.Apart from being swift with their responses, they have also been very polite and understanding. They are always helpful with the information they provide, which makes me feel like I’m not alone in this. I don’t have anything bad to say about the broker.The trading porcess itself is fast and I haven’t experienced any slippages or requotes.

LimeFx Reviews

They provide traders with
assistance when it comes to trading accounts, deposits, withdrawals, and more. Their customer team is knowledgeable and friendly and always willing to help
traders with any issues they may have. LimeFx, established in 2018, is a well-regarded online trading platform, regulated and authorized by the Seychelles Financial Services Authority. LimeFx boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility. Hi Kolya, We’re glad to hear that you find value in our cent account!

  • The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.
  • This is because fixed
    spreads help traders reduce trading costs significantly.
  • Read this in-depth LimeFx review before committing your hard-earned money.

It allows traders to access the markets with ease and
execute trades quickly. Traders can access global spot indices such as the Aussie 200 or the German
Dax, and more. In addition, the platform offers these indices with flexible
leverage and low spreads.

Grow with a trusted broker

Honest bro advice, don’t rely on these terrible so called “Copy traders”. More than half the signals I traded ended up In loss, seems tho he dosent take his time with chosing profitable trades. Dear users,Please note that this review has not been posted by a verified client of ours.LimeFx ⚡️Empowering traders.

For instance, I wish I had a bit different account types diversification. Nevertheless, the big plus of the existing one – cent account which serves as a good mean for newcomers who are only kicking off in their trading journey. If you have discovered your online niche and have a strong online presence, then we would like to hear from you.

Deposit and Withdrawal

You will be more or less trading pips, and not hunting profits. Hi Brian, It’s wonderful to hear that the education offered by LimeFx stands out for you! 📚✨ If you ever want to share more details about your experience or have any questions, feel free to let us https://limefx.club/ know. Wishing you continued success in your trading journey with LimeFx! The Cents account type, for example, breaks down the trading account’s capital into cents instead of dollars. As such, a $100 investment would yield a size of 10,000 in the Cents account.

Premium Account

Our tailored marketing materials and resources can help you refine your brand and attract prospective clients. If you have a local customer network, our IB program is ideal for you as you can introduce new clients to us and get competitive rewards. Our dedicated managers and multilingual customer support are available to guide you and your referrals every step of the way. These indicators provide traders with insights
into the markets and help them identify profitable trading opportunities.

Despite the appealing features and offerings, its registration in an offshore zone is a significant red flag for traders. Furthermore, negative trader feedback and reviews are additional reason to be cautious and refrain from signing up with this broker. Helping traders along their journey to success is LimeFx, a leading contract for differences (CFD) and forex broker. Offering up to 300 financial instruments across six asset classes, LimeFx provides retail traders with every opportunity to engage with the highest-quality markets for low, affordable prices. This platform is known for its user-friendly interface and
comprehensive features.

LimeFx Instruments Summary

In addition, like any other broker, LimeFx
levies swap fees if the positions remain open overnight. Regarding safety and security, LimeFx is
regulated by the Seychelles Financial Services Authority (FSA). In addition,
client funds are kept in segregated accounts in top-tier banks, and their personal information is guarded under SSL
encryption. Additionally, you can start live chat in case of any questions regarding the account opening process.

Besides, the broker has a Trading Academy that includes various webinars, eBooks, videos, etc. The withdrawal methods are similar to the
deposit methods, including wire transfers, credit/debit cards, and wallets. Talk to our skilled and trustworthy professionals scammed by limefx if you’ve lost money trading with LimeFx. Simply attempting such action intentionally or unintentionally is forbidden and attracts a fee of EUR 60. This highly irregular and standard scamming practice prevents you from reversing your cash.

The platform provides top-notch and industry-best trading services to its clients. The average spread improves as you move from the standard to the privilege account. Scammers use such tactics to get investors to pay the highest minimum for access to better trading conditions and features. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account. However, it’s essential to recognize that while LimeFx’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers.