LimeFx International Forex Broker Review at www forexcharts.net

Opening a trading account at LimeFx is a fully digital process and is hassle-free compared to other brokers. Another cost to consider are the swap fees for holding a position open overnight. When trading a currency, you are borrowing one currency to purchase another.

I like how the broker also has several offices run by their partners in different countries to cater to the international community. It’s a global firm which tailors its offering to respective markets. Whilst the firm can quite rightly consider itself a global broker the subdivision and different entities can at times be confusing. The number of payment options is possibly the most extensive in the sector. Many of them incur zero fees and quote processing times as fast as “instant”. Given the extensive range of tools and indicators which come as part of the desktop package, it’s not surprising that some don’t transfer over to a smaller screen.

LimeFx Review – Trading Instruments

LimeFx International is a global trading giant that offers a high-quality STP/ECN trading experience on accounts to suit traders of every experience level. Its more than 2 million clients can choose from over 60 instruments, including forex pairs, metals, and CFDs to trade on modern and dynamic platforms. «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 (the full truth about Forex here) and CFD. They boast a large number of satisfied customers (professional investors and novice market players) around the world, positive reviews, and prestigious awards. LimeFx brokers’ are suitable for traders of all experience levels, including beginners as well as seasoned traders who trade in high volumes and are looking for advanced trading features.

Customer support is available 24 hours a day, five days a week, via phone, email or Live Chat. Language spoken by the support team include English, Chinese, Russian, Hindi, Arabic, Indonesian and Spanish. In this review, you can find all the information https://limefx.biz/ you need to decide whether LimeFx International is the right broker for you. Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders.

LimeFx Loyalty Program

They also offer great services to Forex traders or investors and pride themselves on their long trading experience in the field. It is obvious that in 20 years of LimeFx being around, they learned how to satisfy their customers. The trading platforms currently offered by LimeFx include MT4 and MT5.

• Traders and investors cannot directly access the global forex market.
• However, this is in exchange for a minimum deposit of 500 USD, which is relatively high.
• This broker advertises 250 plus instruments as being available for trading, but the number and type of available assets actually depend on the account type one is using.
• Nevertheless, we advise to be cautious since regulated broker offers dramatically lower leverage for the reasons of safety.

It is this emphasis on the customer experience that has seen so many clients return to the LimeFx trading platform over the years. This program also gives opportunities for well-seasoned traders to become Strategy Managers. As Strategy Managers, they can use their trading experience and earn more from profitable trades. They have privileged access to LimeFx’s advanced programs and all the tools they need to cultivate a massive following of investors. The investors then will help Strategy Managers to earn more through commission fees up to 40%. Besides, LimeFx offers PAMM (Percent Allocation Management Module) which allows a trader to choose their desirable Account Manager.

LimeFx broker are Thief’s and scammers

On the other hand, card transactions are safely processed via FR Global Services Ltd and AI Accept Solutions Ltd. The MetaTrader 4 and MetaTrader 5 mobile software can be logged in with the trading account information and only one account is required by the software. The Forex market reviews are research works that are published regularly.

There is complete control of choosing the Strategy Managers and the amount the trader wants to invest. Copy trades also track records and monitor the LimeFx accounts in real-time and can be accessed from any part of the world. Investors can manage their LimeFxs not only from web-based browsers but also from the LimeFx mobile app.

LimeFx Broker Review Is LimeFx Broker a Scam or Legit Forex?

LimeFx solutions meets various traders’ needs, through different types of execution and a variety of tools to choose from. Overall, LimeFx review features the company with a long history of operation, which passed numerous crises and hard times nevertheless, managed to offer global services to thousands of their clients. LimeFx brand is indeed reputable one among the market offering, notwithstanding the fact of its weak point of recent regulation. Nevertheless, we can recommend LimeFx as a trustable broker to trade with. Yes, LimeFx International is a legitimate forex and CFDs broker and electronic trading platform. The global broker was established in 1998 and its global team has extensive experience in online trading.

• CFD gives total access to fractional shares, short selling, and CFD international markets.
• LimeFx minimum deposit amount starting from $5 and moves on further from 20$ and 500$ respectively for ECN accounts, which is quite a good Proposal overall.
• We are committed to the fair handling of reviews and posts regardless of such relations.
• Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
• LimeFx clients are offered two separate routes into the world of Copy Trading.

Users can get started trading with a “Demo Account” and they lead the pack with four different accounts; Standard, Micro, ECN, and ECN Pro account. Traders of the Muslim faith can apply for a swap-free account which will allow them to avoid these fees, as interest is strictly prohibited by Sharia law. LimeFx has legal certificates from the FSC, FSA, IFSC, and CRFIN to perform Forex broker and trading services in several countries. LimeFx was one of the companies involved in the formation of the Centre for Regulating OTC Financial Instruments and Technologies (CRFIN) and upholds high standards of safety for clients’ funds. For the purposes of this review, we found the customer service responsive and well-informed.

In contrast, the ECN accounts are geared towards professional day traders and have lower spreads, but require a higher minimum account deposit. But why, exactly, have over two million clients chosen limefx reviews to trade with LimeFx? LimeFx provides a forex trading environment that places a strong emphasis on trustworthiness, customer safety, and using technology that is both reliable and innovative.

CFD gives total access to fractional shares, short selling, and CFD international markets. More importantly, CFDs can also be used by more advanced traders to hedge. It is extremely convenient to get into the crypto markets without any prior plan, knowledge, or research to execute a trade.

Its broad appeal means there is even more functionality and tools which have been developed by members of the ‘MT4 community’ of traders around the globe. Furthermore, the broker demonstrates excellent learning capabilities and support, as well as a variety of generous programs such as contests, cashback options, etc. All of which is a positive addition to the company’s portfolio and a benefit to you as a trader. LimeFx has an excellent reputation in the industry and trader reviews mainly give positive feedback.

The regulatory standing of the broker is not exactly ideal however. Also, we simply cannot look past the dubious feedback provided by actual traders. The broker features a Refer a Friend Scheme, as well as a Loyalty Cashback deal, which rewards traders in direct proportion with the trading volumes they generate.

The written material available is mainly composed of a Beginners Guide to Forex Trading. This includes an explanation of the main concepts involved in Forex trading and a glossary of the most commonly used terms. It’s capped off with an introduction to the different types of charts used by traders.