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Deposits are easy to make using major credit and debit cards, bank wires, or a host of other payment alternatives like Skrill, Neteller, WebMoney, and others. As with all international brokers, personal identity documentation must follow legal statutes before withdrawal requests can be handled promptly. The website provides details on how to keep these requirements up to date and in order.
- With licenses from international regulators and by employing the best security measures, the forex broker allows you to focus on your trading goals.
- This feature is especially helpful for newer traders and news traders who operate during volatile markets or are more likely to make mistakes while learning.
- LimeFx offers an excellent feature for their client, known as the dealCancellation option, which allows traders to undo their losing trades with 60 minutes of opening a position.
- I did not want to draw any money but this is my first time and I want to try out the system platform to check how effect my request is.
These are two very stringent regulators that offer investor compensation schemes, segregated bank accounts, and a high level of broker transparency. It turns out that these positive feedbacks are false and mislead investors and affiliates. He said that LimeFx wanted to pay him to create false positive reviews for them. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any LimeFxs.
It is full of useful analytical trading tools and customisable features. I found it also has a very user-friendly interface that is simple to navigate and quick to learn. I tried to use a scalping system on a demo account and everything worked as expected. When the system went well, I decided to try it on a live account. Again, it went well but after a few days trading was deactivated on my account for apparently being in breach of the terms. They mentioned that I could not take advantage of scalping fixed spreads at certain hours.
Fees
In the end, it is easy to go with a leader, especially one as impressive as LimeFx.com. As regards deposits and withdrawals, the LimeFx platform is very easy to use. Along with the usual withdrawal and deposit methods, LimeFx supports payment options like WebMoney, Neteller, Skrill, and others.
Firms do not rise to such stardom without providing stellar service and support for an economical price. Throw in regulatory compliance in two major markets from two major regulatory bodies, and you have an unbeatable combination for trading currencies, commodities, indices, and vanilla options. If you are looking for a leader in the industry that prides itself on simplicity, transparency, and customer loyalty, then LimeFx might be the partner for you. LimeFx offers a limited range of trading tools compared to other brokers, but it provides excellent risk management and technical analysis tools. However, using MT4 and MT5, traders may experience slippage, but negative balance protection is guaranteed.
LimeFx review shows a brokerage company with a long operational history and absolutely fair and transparent trading conditions. Even though, the LimeFx are even proud to be a market-making broker since they ensure stable trading conditions to their client under any market conditions and even extreme volatility. The range of account types and advanced software features are also great benefits available to all LimeFx clients, which is worth consideration. Easy Markets broker does not charge any commission on all trades. It also provides fixed spreads unlike other Forex brokers who also offer fixed and variable ones.
Recommended broker
In terms of customer trust and safety, LimeFx take their obligations as seriously as you would hope for a broker of this size. LimeFx are currently licensed to operate and regulated by the Cyprus Securities and Exchange Commission , as well as in Australia by the Australian Securities & LimeFx Commission . Originally founded in 2001 under the ‘easyForex’ brand, LimeFx have re-established themselves under the new brand name to signal an expanded focus on much more than just forex. Since this transition in 2016, LimeFx have grown from strength to strength, and their product offerings now span multiple markets and instrument types.
Its extensive collection includes informational articles, video tutorials, and e-books on subjects ranging from trading strategies to risk management. Amazingly, you do not have to pay any fees for making transactions. However, there is a set limit of $70 for minimum transactions across all accounts. Payment methods and processing times are the same as with deposits. Most importantly, all this will happen if you have placed a withdrawal request. Nevertheless, do not forget to check transaction fees with your payment provider for a smooth transaction.
We use dedicated people and clever technology to safeguard our platform. I was withdrawing some cash on my LimeFx account and i got stuck in the process. I contacted LimeFx via WhatsApp and Tina assisted me with an alternative process.
LimeFx offers over 200 products to trade on desktop, mobile, and all other responsive devices — it is an established broker regulated by FSA, CySec, ASIC, and BVI. Whether LimeFx is a “good” broker or not will depend on the trader’s individual needs. LimeFx used to have a 7-day limit on their demo accounts. However, live account holders have access to an unlimited demo.
Recommended Forex Brokers
This means that you will be trading with leverage and can magnify your gains / losses. When you trade with LimeFx, the user interface is much the same as a binary option. You have the option to place a trade that is either long “up” or short “down” with a max potential loss as your premium. Now, we did notice that these crypto spreads were a bit higher than on crypto derivative exchanges such as ByBit and PrimeXBT. However, the instruments on these crypto exchange are futures instruments that charge a commission . They have translated their website into 6 different languages in order to target the numerous different regions for potential traders.
Under the menu, there is another “Deposit Funds” option along with a demo/live account toggle and live chat functionality. Traders wanting to execute forwards or vanilla options trades will need to use the desktop trader accessible via web or alternatively, the MT4 trader. LimeFx offers its customers more than 200 products to trade. Hello everyone it is possible to retrieve your stolen bitcoins.
This is the Easy Markets Broker’s top account and has an analyst that will help traders by providing them with professional trading tips. The analysts are available around the clock and can be reached by the phone. Demo account is found in the proprietary platform and is provided for life. With this account, traders are allowed to take their day-trading transactions to the next day and they are not changed a rolling fee. My friend who has been trading for years said that the conditions of easyMarket are very user-friendly and suitable for medium-term tradings.
LimeFx Indicies Spreads
These materials cover a wide variety of topics from reading a stock chart to trading strategies. And that is also presented by the availability of trading vanilla options, which allow you to hedge against volatility and perform long-term trading. Log into your account and go to My LimeFx Funds Management. If you have deposited via credit or debit card, your funds will be returned to the same card. LimeFx leverage levels, as always they are depending on the instrument you trade or platform you use and are also defined by regulatory restrictions.
There is also no live new source available within their desktop version of Metatrader. A very extensive range of markets are available, particularly within forex pairs. I have to regret that I was very close to quit after having some software issues. Since then software freezes etc. did not happen any more and that’s why I stayed at LimeFx and am still happy with them. But I can say that Forex trading with this broker is very simple. This panel contains the live prices and symbols of popular instruments traded on LimeFx.
Freeze Rate can also pause the market at the prices that you want. They are also fully compliant with all European Securities and Markets Authority regulations . Since the start limefx review of season 2020, LimeFx has officially partnered with La Liga Champion Real Madrid C.F. As the leaders in their respective fields, LimeFx and Real Madrid C.F.
VIP account holders can avail themselves of 1.8 pips spread for all major pairs. Holders of these accounts also receive SMS alerts on market trends and cash rebates. In this review, you can find all the information you need to decide whether LimeFx is the right broker for you.
What is the maximum leverage offered by LimeFx?
This should see LimeFx remain at the head of the market for some years to come. The mobile trading platform is very similar to the web-based platform. Again https://limefx.biz/ it is proprietary and features the same high levels of intuitiveness in a more compact form. This increases substantially for the different account types.
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