You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. They were the only broker that offered a free demo account, so I was able to test the trading platform and my strategy using real market data and historical charts. Also, their spreads are competitive which is important to establish a profitable trading strategy. LimeFX clients can benefit from round-the-clock coverage delivered by one of the world’s largest and most accomplished global client coverage teams. The LimeFX customer-centric model offers top trading functionalities through its platforms combined with the widest suite of products at the best pricing and execution.

A duo of in-house analysts provides market commentary on breaking news insights. The presentation and depth of these materials are acceptable but fall short of what is on offer at other large brokers. Additional market news can be found in the video section mentioned above. LimeFX allows accounts to be denominated in 13 different base currencies, depending on the account chosen.

LimeFX scam

With support for Metatrader 4 only, LimeFX’s trading platform choice is severely limited compared to most other brokers, but it offers the MT4 Advanced. LimeFX supports only forex and CFD trading on multiple assets. The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although LimeFX might be suitable for traders who only want to trade in these markets. For a wider range of asset classes, you might want to look for a different online broker.

Despite previous commitments to improve the service IT problems still remain unresolved. Unable to have to access to my trading account and as well process a withdrawal. A lot of similar platforms are there to earn money, but of course, it’s a risk. The error is to be concentrated on just one and invest a lot in that one. Don’t trust your all money and the money that you need on this. Will you trust your money with no papers, no security, and to a person, you don’t know?

LimeFX Vs Competitors

However, there are many warnings against it, so we advise clients to be careful when registering. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. As a longtime customer, I can say that they have always been professional and helpful when I had an issue. After a little research, I decided to open an account with this company.

Both of these regulatory bodies are highly popular among the brokers and traders around the world. We highly recommend LimeFX for those of you looking for a top-notch broker. However, we would always advise traders to start off with small trades to begin with, or better still open a demo account to get a feel for the broker before risking any real money. LimeFX also offers a free VPS to clients who deposits or maintain a 5000$ balance for the following months.

LimeFX scam

Log In To Metatrader 5 Directly From Your iPhone Or iPad And Start Trading. Log In To Metatrader 4 Directly From Your iPhone Or iPad And Start Trading. You just need to go to the official site of LimeFX and fill the signup form. After signing up, you need to send your identity documents and they’ll verify your account. On the other hand, Web Trader 4 only supports Windows & Mac PC environment. LimeFX has prepared a range of carefully selected and high-quality informational videos offering a valuable insight into the trading environment.

We therefore recommend that you report a scam and file a chargeback against LimeFX as the first step to recover your funds. Author at Scamrecovery.net Sarita Cruz has spent the last 2 years writing financial reviews. Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online.

With respect to data security, LimeFX uses standard data encryption, but it lacks 2-tier platform authentication and only requires a 1-time password for MT4. The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until limefx mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFX.

Additionally, traders can take their own customised version of the platform with them should they decide to migrate to another broker. LimeFX offers a wide range of deposit and withdrawal methods, and while no fees are charged for most methods, withdrawals by limefx courses scam bank wire transfer are expensive. Additionally, LimeFX does not publish any details about deposits or withdrawals on its website. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers.

Trading Products

LimeFX has full control over the funds of its tradersThe company provides bonuses and promotions under three different categories. The 100% sharing bonus scheme will not be valid unless you deposit a minimum of $500 in your trading account. The 20% iron bonus scheme is limited to an amount of $2,000 only. The 40%power bonus scheme is limited to a deposit of $4,000 only.

  • Iron f x allows me to trade with better trading conditions than the other top brokers.
  • The final trading cost to consider at LimeFX is the swap rate charged on positions held overnight.
  • Lots of trading instruments including forex, metals, indices, and shares.
  • Notesco SA Limited is authorised and regulated by the Financial Sector Conduct Authority (FSP no. 45276).

Some of these factors carry more weight than others due to their importance. The importance of a factor has ultimately been decided by our readers and years of their feedback. There are many ways in which to get in touch with the support team, the most prominent of which is the live chat button. When you visit the website, the live chat box will automatically pop up to see if you need any assistance.

It’s A Great Choice For All Kinds Of Traders

Built so investors can make better, more informed decisions, the LimeFX platform offers a clear and concise MM interface with a solid basis of crucial information. Available on any mobile device, you’ll be able to see the data you need, conveniently on the go. Even if you’re without an internet connection, they offer live operates who can execute trades on your behalf. This account is available in USD and EUR and offers spreads from as little as 0 pips. In addition, LimeFX offers daily, updated educational and market news delivered by a multi-lingual professional research team. Entering the financial markets with LimeFX is simple, transparent and supportive for all levels of investors.

We publish unbiased product reviews; our opinions are our own and are not influenced by payment we receive from our advertising partners. Learn more about how we review products and read our advertiser disclosure for how we make money. Alan Farley is a writer and contributor for TheStreet and the editor of Hard Right Edge, one of the first stock trading websites.

LimeFX scam

In addition to the extensive choice of live trading accounts, you can also take advantage of the LimeFX demo account. LimeFX is leading international brokerage operating under the trade name of Notesco Limited. LimeFX is one of the most reputable brokers around and is regulated by a number of industry bodies, Candlestick chart including ASIC, CySEC, FCA, and FSCA. To date, the company has been recognised internationally with more than 40 prestigious industry awards. LimeFX offers all the usual payment methods, and their customer support is available in most of the major languages, including Japanese, Chinese, English, and French.

VPS is mostly used by traders using Expert Advisors , giving them the opportunity in trading robots and work more efficiently. Dedicated account managers Stock market cycles available to provide support around the clock. Toll free numbers are offered for 12 countries for the trader to call his account manager for any support.

LimeFX: Are You Looking For LimeFX Login?

Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts. Apart from no definite deposit bonus, this broker seems to tick all of the boxes for both new and experienced traders. Their trading platform is strong and suitable for all levels of traders. They have several account options to choose from, and they offer plenty of useful insights into the world of Forex trading. LimeFX MetaTrader 4 – There are very few brokers who choose not to offer the most popular trading platform currently available, and the good news is that LimeFX isn’t one of them.

Here you can converse about trading ideas, strategies, trading psychology, and nearly everything in between! —- We also have one of the largest forex chatrooms online! —- /r/Forex is limefx website the official subreddit of FXGears.com, a trading forum run by professional traders. FXGears.com hosts and moderates our chatroom, and runs Volatility.RED as a resource site for traders.

Money managers can also benefit from a personal multi-account manager that allows trading of multiple Metatrader accounts. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices.

For more on LimeFX’s deposit and withdrawal methods and fees, click here. The final trading cost to consider at LimeFX is the swap rate charged on positions held overnight. In the case of Forex instruments, the amount charged depends on both the positions taken (i.e. long or short) and the rate differentials between the two currencies traded.

LimeFX Got Me Started With Cfd Trading

This is great for beginners to learn but with average monthly… Also, the company is offering Autotrader, a robot trading system. The withdrawal can be done only to the client’s bank account via wire transfer.