⭐ limefx Review Got Scammed? Get Your Money Back!

May 5, 2022

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Forex Trading

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Amid the market volatility, there has been a 300% rise in people forex trading. It is evident from the insightful limefx review that the limefx bring an up-to-date interface of high standards. It is highly suited to the trading needs of traders and investors irrespective of how much trading experience they possess. The platform of limefx does not provide bonuses to the traders at the moment. There are no referral bonuses offered either, but the Affiliate Program offers a lucrative partnership opportunity to all. limefx offer welcome bonuses to new client members sometimes along with vast opportunities.

  • This means that if the broker goes bankrupt, you won’t need to worry about your funds, they should be safe, secure, and returned to clients.
  • Visit the “My Account” section on the official website to enter your wallet details and bank account information for e-wallet deposits.
  • Thanks to its full licensing and regulation through the FCA this Forex brokerage is 100% secure.
  • The MetaTrader supports market, limit and stop orders, along with multiple types and multiple instruments that allows potential successful analyses of the market.
  • It is very easy to make deposits and withdrawals in the account on limefx by various payment methods.
  • Please come back often as broker services are very dynamic and can improve or deteriorate rapidly.

In this review, we will deep dive into brokers’ fees, regulations, trust, trading platform, and support. One of the most prevalent online trading scams is to initially display profitable trades that give the investor a false sense of confidence, and get them hooked to the idea of ‘easy money’. Once this confidence is https://limefx.biz/ established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. Trading metals is fairly straightforward and is done in a similar way to forex.

Best Forex Brokers in New Zealand

Enhanced MT Pro software for MetaTrader with a complete back office access. limefx claim that on average an individual and joint account takes 1-2 business days and a corporate account takes 3-5 business days, assuming the necessary documentation is in place. When opening an account, you will need a government-issued proof of ID and proof of residence for all parties to be named on the account. Acceptable forms of proof of residence include utility bills and bank or credit card statements.

limefx broker reviews

In conclusion, limefx is a great choice for experienced traders who are looking for a reliable and user-friendly platform. The company offers a wide range of features and tools, as well as competitive spreads and excellent customer support. Overall, limefx is a great choice for those who want to trade with a trusted and well-established broker.

limefx Customer Support ☎

Currently, they are monitoring the cryptocurrency market closely, and may offer trading in the future. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money.

  • If you are a brand-new investor and only want to invest a few hundred dollars at first, you’ll probably want to look for a broker with no minimum investment requirement.
  • When it comes to making a withdrawal while using the USD currency, limefx will take a $40 fee.
  • The cost of trading depends on different factors like commissions, spread, and margins.
  • It offers multiple products giving access to trade FX, Metal, and CFDs from one account with narrow spreads.
  • MT4, or MetaTrader 4 is one of the most popular trading platforms among forex traders.
  • The registration process requires customers to submit an online application, with a minimum deposit of $5,000.

Traders may look up the Contract specs table to note down the hours of the operations of the various international asset markets. It is very easy to make deposits and withdrawals in the account on limefx by various payment methods. The broker platform allows users to make transactions via bank transfer, Union Pay, Skrill, MasterCard, and VISA. One does not need to pay any additional fee for making deposits via bank transfer.

Brokers By Platforms

James Chen, CMT is an expert trader, investment adviser, and global market strategist. He has authored books on technical analysis and foreign exchange trading published by John Wiley and Sons and served as a guest expert on CNBC, BloombergTV, Forbes, and Reuters among other financial media. To successfully predict the price movements of an instrument, traders will need access to frequent market research and analysis.

Traders will gain access to forex, metals, and CFDs through an limefx account. What you will actually be able to trade with this brokerage, however, is a bit more complicated. limefx is a loyal member of the Financial Services Compensation Scheme .

limefx Review Scores

When it comes to making a withdrawal while using the USD currency, limefx will take a $40 fee. However, this does not apply to credit card withdrawals at the company. ATC Brokers is a UK-based online investment platform that offers trading in forex. limefx came to the online brokerage scene fairly early, being founded in 2005 and quick to embrace the latest technologies.

Good, hassle-free broker and they have been trust-worthy for many years. An ECN broker facilitates trades for interested investors across the ECN. limefx review Working with brokers of this nature often results in lower fees as well as additional trading time availability because of how the ECN functions.

Complete List of limefx’ Fees 💸

To withdraw money via Skrill, the mirror trader has to pay a total deposit fee of 1.0% of the amount to be withdrawn. The broker platform makes it mandatory for clients to verify only one trading account information that includes email address, phone number, and such other details. Upon registration, the user will receive a link in his email inbox and phone message box for the verification of the account.

limefx is a broker offering only MetaTrader, offering the popular software MetaTrader 4 developed by MetaQuotes Software Corporation. This means that any funds paid by traders are held to an account for safety and security. Trade Copier – The software which allows money managers and signal providers to distribute trade signals for execution on the MetaTrader 4 platform. When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification.

limefx does not have any pretenses about being a comprehensive investment platform. Instead, what it does offer is a streamlined way for its customers to trade forex, along with the option to invest in gold and silver. limefx pretty much offers an industry-standard level of customer service and novice traders can rest assured that if they run into problems they will be able to receive quick and effective support. Our limefx review was, however, unable to ascertain whether support was offered in languages other than English. MT4 is known for the way it combines an excellent range of features and powerful trading tools with an intuitive and minimalist interface.

Making minimum deposits and withdrawals at the account of limefx is somewhat inconvenient, especially for withdrawing funds while day trading. The platform accepts deposits only through bank transfers while funds protection is delivered duly. The platform of limefx operates in association with National Westminster Bank for the safe custody of the trader’s money that also includes minimum deposit fees and withdrawal fees. The platform accepts USD, GBP, and EUR and charges 2.9% of the minimum deposit amount as an initial deposit fee for making payment via debit or credit cards. limefx accepts various payment modes and allows the trader to conduct the minimum required deposit and withdrawal of funds directly between the platform and the bank account. Through contract specs, the users are able to conduct trading and investment in CFDs, forex currencies, precious metals, and even cryptocurrencies that include Bitcoin, Ripple, Litecoin, Bitcoin Cash, and Ethereum.

If that platform happens to offer a good forex service, it’s difficult to see why they would need to use ATC. Given that there are many platforms out there offering commission-free trading, some would-be traders might be put off by limefx set charges. However, whilst ‘commission-free’ may sound more appealing, it should be noted that other platforms will recover their costs through larger spreads. Because limefx have a set fee, as well as operating limefx cheating on aN ECN basis, the platform offers much lower spreads than its non-fee charging competitors. Adjusted to include the commission fee, these numbers are equivalent to 1.3 – 1.5 pips, which puts limefx more or less in the middle of the pile when it comes to forex fees. Forex traders can extract the richest profits from the world forex market by trading through their MT4 platform accounts with the forex brokers and other brokers of limefx.

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