limefx Review 2021: Is limefx legit?

The functional platform 100% justifies its huge popularity with today’s traders, as its cutting-edge capabilities make trading not just easier and more convenient, but also more profitable. The terminal works quickly, without freezing, which speaks of the broker as a high-level company. In addition to web-trading, limefx website a mobile version of the platform is also available, allowing you to trade at any convenient time. The limefx group of companies is the largest Forex broker operating all over the world and also in Russia and providing an opportunity to earn money via online trading for traders and investors.

That was a brokerage, that changed my approach to trading. And no, I’m not talking about something like perfect trading conditions or extremely tight spreads, hah. If we’re looking at manual trading, then there’s nothing special to offer.

💵 limefx Minimum Deposit :

By the way, I had an interesting experience of sync-trading, I have never seen such an feature in any broker. Trading with limefx is kind of fine) The brokerage is quite adequate and has interesting trading conditions. I have been trading with it for a while now, and I haven’t yet fully explored its strengths and weaknesses. I opened an account on limefx and made a wire transfer to it from my US-based bank. They received the money but said that they can’t receive money from US-based bank, and they’ll refund the money. But the general features and services of the company are almost always highly appreciated.

Is limefx regulated?

The Company is regulated and supervised by the Cyprus Securities and Exchange Commission (CySec).

The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds. limefx customer support is available on a 24/5 basis while the markets are open. The methods of contact available include dedicated email and telephone support in multiple European languages.

Does limefx Have an Educational Section?

In order to replenish the deposit and start real trading, you need to pass a quick registration, pay the necessary amount, having chosen a convenient way of transferring funds. limefx offers a negative balance protection and traders funds are kept secluded from the company’s operational funds. The mobile trading platform is extremely efficient as well as being analytically powerful in catering for many of the same excellent tools in terms of charting capability.

limefx broker reviews

Turning to traders, we are waiting for real feedback about limefx, which will affect its ratings on our resource, and also warn against problems in its work. The very presence of serious licenses, a great deal of positive feedback from users – all of this undoubtedly increases the overall level of trust and reliability. The presence of negative feedback on the network indicates that the broker needs to work with its users, and perhaps provide more complete information to the clients. It remains to be hoped that in this part the broker plans to work and improve the service. It’s expected to keep evolving, providing traders with more unique opportunities. limefx offers different ways of replenishment and withdrawing of funds.

COPE logo

It’s good for profits, as well as for total beginners. Experienced traders will find there tight spreads, 100% regulation, ECN execution, and fast withdrawals . For newbies, there is so-called copy-trading , so you can choose a master and follow its deals to reach a positive outcome.

How do I find a reliable broker?

  1. Look at commissions on the investments you'll use most.
  2. Look for brokers with a track record of reliability.
  3. Pay attention to account minimums.
  4. Watch out for account fees.
  5. Look at the pricing and execution fine print.
  6. Consider tools, education and features.

Regrettably, this broker fails to build a competitive brokerage around it. While limefx claims to offer cutting-edge technology, it only provides out-of-the-box MT4/MT5 trading platforms. They support and require third-party upgrades, which this broker does not deliver. It follows the standard mis-marketing of many brokers. limefx also lacks a dedicated educational section.

DeGiro Review

Read our review of limefx and learn more before you make a decision. The Sharp ECN account from limefx gives traders access to the widest range of financial instruments on the limefx MT4 platform. Modern Standard Forex accounts charge no commission and make use of Market Execution, affording no re-quotes or further prompts during order confirmation. The Standard Forex Account is the best option for all retail forex traders. Forex Trading Platform and Financial Asset Management Institution limefx have 5 different account types. Every Forex trading account type has different features and conditions with limefx.

  • In this case, limefx can offer services in China, Indonesia, Kenya, Mexico, Nigeria, Russian Federation, and Ukraine.
  • Islamic swap-free accounts that comply with Sharia law are also available upon request.
  • I am a huge fan of the MetaTrader platforms and think they are perfect for getting quick and easy access to the markets with minimal fuss.
  • ReportScamOnline now considers limefx to be operating an online scam.

Traders should also seek out brokers who offer a free demo account, as this will allow them to conduct a test run of the broker’s features before deciding to sign up for a live trading account. The forex industry is populated by a vast array of traders with various trading needs, which most brokers aim to meet through the provision of suitable accounts. These may include commission-free accounts, low spread accounts, and managed accounts.

I like that I can easily set price alert notifications so that I do not need to stare at charts all day waiting for my price level to be reached. I was attracted by limefx because this broker offers a huge amount of analytics that can be used in everyday trading. This is very convenient, especially since each resource has its own features and as a result you get the maximum information that allows you to work as successfully as possible. And here I have the knowledge that I can analyze and make my own decision. And this is really a more effective approach, which can really bring good money.

  • It is designed to match buy and sell orders present in the exchange and it can be described as a bridge linking smaller market participants with its liquidity providers through an ECN Broker.
  • Therefore, the Islamic Account will be free of swap charges, which is interest accrued on positions held open overnight.
  • It was an amazing company with an atmosphere of success, a desire to strive and achieve results.
  • The functional platform 100% justifies its huge popularity with today’s traders, as its cutting-edge capabilities make trading not just easier and more convenient, but also more profitable.
  • The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the limefxpanies.

In this case, many people who are not serious about trading will come to trade. But, on the other hand, it is psychologically better to trade small, but real money than for months on a demo account. This part of the limefxr review will deal with the types of accounts that this broker is including in their offer. In that regard, the limefx Forex broker provides two VIP accounts and the one demo account. Just like any other demo account provided by the Forex brokers, this one allows users to test what the broker has to offer and to see how the entire system is functioning.

I am sure that the market will be the best one in the world. At the level of standard trades I recommend to have a trading plan and to be realistic about the risk. I opened an account with them and took a personal trader. I get much more income than I would have on a bank deposit. The forex market itself is still a mystery to me, it is complicated, but interesting, the verdict is that I trust limefx for now.

Withdrawals on the other hand can only be made to a bank account or transferred to a different limefx account. This software can be either be downloaded to your personal computer or a smartphone, or used as a web platform, depending on your preferences. It is, however, noteworthy that if you own Windows OS you are able to download the MetaTrader4, MetaTrader MultiTerminal or MetaTrader5. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.

  • And here I have the knowledge that I can analyze and make my own decision.
  • As such, the broker offers traders access to over 200 instruments across these asset classes.
  • More importantly, it’s possible to get the sync trading in MT4, a powerful instrument to make the analysis of the history of trades.
  • A trading position will need to be closed before any profits attributed to it may be withdrawn.
  • The broker proved its genuine nature during the test, so I can continue trading with it.

One of the few companies that does not give ultimatums to their clients. The time comes and the offices start to redirect the client to additional infusions of funds, and here I have not encountered such pitfalls. I went back and was convinced again that limefx as a broker is good, just when I had a good trading strategy many problems fell away and the level of positive trades increased. In addition, it is a licensed broker with many prizes and certification, which also positively characterizes it. All of this shows the serious intentions of the broker, so it can’t be a one-day or a fraudster. Yes, for many people, it’s a break from the pattern.

Leave a Comment

Your email address will not be published. Required fields are marked *