So if you look at LimeFx vs the likes of FBS, TradersWay or HotForex, the broker does fall short. LimeFx Ltd has always been the most cooperative with its clients in terms of trading, depositing, withdrawing funds or any other requests that clients may ever had. Forex bonuses are published for the informational purpose only, and should not be treated as an invitation or encouragement to invest in Forex trading. Forex trading carries high risks of encountering substantial losses for non-professional investors. I’m sure all those positive comment were from their own people. They will remove some of your profits and said it was forbidden profits.

Whilst LimeFx does offer a MT4 platform download, low minimum deposits plus bonuses, it does also have a number of drawbacks. Firstly, the fixed spreads are relatively high and the number of tradable products limited. Also, their offshore status and lacking educational resources means the broker wouldn’t be our first choice.

The source of this information is the website and the broker’s trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

This facility enables traders to get a larger exposure to the market than the amount they deposited to open a trade. LimeFx also requires traders to pay a small spread on the BID/ASK price. Commissions are the charges imposed by an LimeFx broker on a trader for making trades on the trader’s behalf. The level of commissions depends on the asset being traded and the type of service offered by the broker. There is no commission charged for the deposit of funds into the account. To withdraw funds the minimum withdrawal for most e-wallets is $5.

FX Glory Review – 20 key points quick overview:

LimeFx also charges withdrawal fees on some of the payment methods. If you withdraw through wire transfer the withdrawal fee is $30. Processing time also differs depending on the method you choose. PayPal may take 1 – 72 hours, electronic money using E-Wallets take 1 – 24 hours and Wire Transfer may take 1 – 10 business days. In the world of forex broker companies, it counts much for the company’s reputation if it has been honored with awards from esteemed organizations or publications. Although LimeFx is rated highly by some customers in personal online reviews, there is no indication on the company’s website whether it has received any awards.

You can then enjoy risk-free trading with fast executions while testing the MT4 platform, a new strategy and the broker’s services. LimeFx offers a mobile app that enables https://limefx.biz/ clients to manage accounts on-the-go. The MT4 platform is available for download on iOS and Android devices and supports all forms of trade orders and execution modes.

Although the website gives information on the advantages of a demo account it does not indicate what the balance of virtual money is. The demo account with LimeFx is free and can be used for a period of 60 days. MetaTrader 4 combines an accessible, user-friendly interface with a wide range of powerful functions, making it a highly flexible platform. There are nine timeframes available for each financial instrument that provide detailed analysis of quote dynamics. More than 50 built-in indicators and tools help simplify the analysis, enabling to determine trends, define various shapes, determine entry and exit points, etc.

Payment Methods

Also, our broker takes no taxes on the profit of its clients. Also, considering that we accept most kinds of electronic money, our company has got a special welcome by the American clients. About our bonus, we should say that this bonus on depositing money will help the margin and therefore decrease the risk of trading for the clients.

With the Standard account, spreads start from 2 pips on major forex pairs. On a more positive note, fixed spreads make it easier to budget for expected fees and no commissions are charged. Generally,I am trading since 2005 and I have changed huge amount of brokerage and I have faced so many failures and losses while trading. I had almost with every broker a problem either with their services or that they were removing some amount of money from my profits with no reason, actually they were telling me excuses but as you know for their interest only. Their web traders and the platform that they have is also easily used.

MetaTrader 4 gives traders accessibility to advanced charts in order to make appropriate decisions and take the lead in the Forex market. It provides the necessary tools and resources to analyze price dynamics of financial instruments, make the trade transactions, create and use automated trading programs . It represents the all-in-one concept and is the most popular trading terminal in the world.

• In the world of forex broker companies, it counts much for the company’s reputation if it has been honored with awards from esteemed organizations or publications.
• I highly recommend LimeFx as a forex broker, the leverage and bonus are great, but their educational resources could be more comprehensive.
• The company was formed by a team of financial specialists, aiming to provide a superior online trading experience with high leverage, zero commissions and rapid executions through the MetaTrader 4 trading platform.
• You can also print charts of any instruments and conduct “on paper” analysis.

I highly recommend LimeFx as a forex broker, the leverage and bonus are great, but their educational resources could be more comprehensive. It’s a good broker, they’re doing well on deposit and withdrawals. My requests were processed in a few hours but I think the withdrawal fee must be lower. We have scanned fees that LimeFx charges when trading popular currency pairs, here is their breakdown in pips.

If there is a choice, the trader should keep in mind what he would like to trade. The process to open an account with LimeFx can be started from links on the company homepage. New clients need to fill in the registration form and submit it. I’m not a professional scammed by limefx trader and therefore i usually have so many questions, LimeFx support team always answer my questions and solve my problems. Never had problems with this broker till I got my balance over 50k now it’s like they ignore my withdrawal requests.

Is LimeFx a scam?

Wherever you are, you can keep abreast with the market’s latest developments, analyze them and perform trading operations at any time. Webtrader is an online trading platform for trading directly through a browser without installing an application on your computer. LimeFx offers its clients webtrader with a convenient, comfortable trading environment and powerful features that enables them to trade professionally. The MetaTrader 4 terminal is a perfectly equipped traders workplace that allows to trade in the financial markets . It is a professional Forex trading software which is prefered by both beginners and experienced traders.

The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with. LimeFx is an offshore broker registered in Saint Vincent and the Grenadines. As a result, the company doesn’t have to adhere to the same quality and security standards as CySEC-regulated brokers, for example. Skilling – Skilling are an exciting brand, regulated in Europe and beyond, offering 900+ instruments and spreads from 0.1 pips.

LimeFx Awards and Recognition

I highly recommend LimeFx as a forex broker – their trading fees are competitive and their trading platform is top-notch. In accordance with our research, LimeFx is an offshore unregulated broker. This alone does not mean it is a scam, but you should be even more careful with such a provider than with a regulated broker. In order to be sure that LimeFx is not a scam, read our trader reviews and check other popular trading related websites and forums.

LimeFx Is A Good broker

This bonus is provided from our gigantic and unlimited advertising budget. Furthermore, we have some especial conditions like decreasing the spread and account managing by our professional money managers for those clients who deposit more than 100,000$ in their account. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns.

LimeFx – LimeFx offers CFD trading to both retail and professional traders. Clients can trade FX, indices, commodities and shares on MT4, MT5, cTrader and TradingView platforms. Most deposits are processed the same day, but wire transfers can take up to seven days.

In all accounts, you can find instant and market execution and the fixed spreads remain the same for both regardless of the underlying market conditions. With a fixed spread account, you can manage your trading costs much more effectively as this allows you to know exactly how many pips you must make on trade to gain profit. LimeFx offers beginner traders the option to test the forex market through a demo account.

With our unique bonus program, all traders are able to manage their capitals and concentrate on their efficient Forex trading strategies under ideal conditions. The bonus is tradable and also withdrawable after carrying out all promotion requirements. However, because it is a broker that in accordance with our research lacks any regulation, we would be quite sceptical if we were to trade with such a provider.