LimeFx scam
LimeFx scam

Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results. The company offers good conditions for trading currencies to asset managers. If you are an asset manager, broker, or introducing broker, LimeFx is the right partner for you.

This means your orders get a fast execution, the spreads are very tight and there’s always a lot of liquidity, so practically no requotes. LimeFx is built by traders for traders and is regulated by the Australian Securities and LimeFx Commission , so it’s absolutely legit. For more experienced clients who like to trade with the order book or liquidity, CTrader is offered. It should be noted that both trading platforms are available free of charge and you do not have to pay any account maintenance fees.

This is considered low, since other CFD brokers usually require a minimum of around $2,000. To read much more details about the broker’s services and features, expand on the sections below. Trading Forex, CFD, Binary Options, and other financial instruments scammed by limefx carries a high risk of loss and is not suitable for all investors. The information and videos are not an LimeFx recommendation and serve to clarify the market mechanisms. The texts on this page are not an LimeFx recommendation.

The longer guides and analysis posts include helpful charts and other graphical aids. Trading Central videos are professionally presented and the videos are relatively easy to understand. They are also streamed to a number of brokers around the world so you can be sure of their quality. LimeFx is no exception and they seem to have quite a range of educational guides and resources that could help traders of varying skill levels. In the case of the New Jersey datacentre, this is used by numerous large institutions on Wall Street.

LimeFx scam

Through CTrader you get insight directly into the market liquidity without intermediaries. “LimeFx is an online forex and CFD broker based in Sydney, Australia. The company offers traders access to a wide range of financial markets, including foreign exchange , indices, commodities and cryptocurrencies. TradeEU also refers to a good broker because It allows companies to connect with each other, negotiate prices and arrange international delivery.

Overall, both LimeFx and LimeFx are reputable brokers with competitive trading conditions. The best choice for you will depend on your specific trading needs and preferences. It is recommended that you compare the features, fees, and services of both brokers before making a decision. The MT4 platform is relatively well laid-out and has a plethora of trading tools that you can use.

It is possible to use the cTrader platform on your desktop, smartphone or even the browser based version. CTrader is a easy to use platform with a lot of extra’s such as Level II pricing, clear charts, indicators,… On top of that, you can open new trades with just one click. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall LimeFx Ranking

The Forex broker shares a part of the paid commissions with you. For example, you offer a strategy for free and then register the client through you with LimeFx. The client pays commissions when using the strategy, which the broker shares with you. LimeFx is regulated by the ASIC , FSA , and CySEC .

Through the regulation of the ASIC, theForex Brokerhas to verify your identity and account before you can start trading real money. But from my experience, it is an easy process to verify the account. We recommend doing this as fast as possible to get access to all functions of the limefx platform. The terms of LimeFx are also perfect for automated trading! The company itself states that more than 60% of the trades delivered each day are from automated systems. The data center is located in New York and with a VPS server you have the best access to the markets.

Lastly, social trading is accessible on mobile devices via the ZuluTrade application and other compatible platforms. Press ReleasesLimeFx is revolutionizing on-line forex trading; on-line traders are now able to gain access to pricing and liquidity previously only available to LimeFx banks. Its forex fees are low and opening an account is fast and easy. Deposits and withdrawals are free of charge and the process is user-friendly.

Our take on LimeFx

ZuluTrade allows you to identify successful traders , and follow their trades, which are then translated into real trades in your own broker account. The major difference is that you can set alerts and notificationsin the form of mobile push or email notifications on the desktop trading platform. To set email or mobile notifications, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings). You can only withdraw money to accounts in your name.

  • If you are looking for a good forex provider, you should switch now.
  • But from my experience, it is an easy process to verify the account.
  • Before I will share my case public, I want to know if I can post screenshots of email conversations with the company itself .
  • They have a terrible customer service and frankly not safe.

So, hopefully this information will reach many people and help them not to join IC-MARKETS. Please share this information to your trader friends and leave us your comment about the experience you had with IC-MARKETS. It was once Cristian’s main Forex broker, now he only uses his MT4 platform to use different indicators. So, we’ll see the experience that he has had with the broker. Before I will share my case public, I want to know if I can post screenshots of email conversations with the company itself . I have lost over 40k with the company due to their nasty habits of increasing swaps or spread in a huge nasty manner.

LimeFx Review: Complete Broker Overview

On the other hand, it lacks a two-step login and price alerts, and the design is outdated. The LimeFx account opening process is easy and fully digital.The online application takes roughly minutes and our account was approved within one business day. Let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. We ranked LimeFx’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. The minimum withdrawal amount from LimeFx is unrestricted, allowing traders to withdraw any amount they choose.

If you were offered, bought or sold shares, you can use our reporting form. If you use an unauthorised firm, you won’t have access to theFinancial Ombudsman ServiceorFinancial Services Compensation Scheme so you’re unlikely to get your money back if things go wrong. We strongly advise you to only deal with financial firms that are authorised by us, andcheck the Financial Services Registerto ensure they are. It has information on firms and individuals that are, or have been, regulated by us.

LimeFx scam

From our experience, there is also virtually no slippage . LimeFx offers free extensions for the software in the form of plugins. These can be easily downloaded and then inserted into the software. This includes, for example, a tick chart extension or additional indicators.

ZuluTrade is particularly interesting as it ranks traders and you can follow only the most profitable. Multi Account Managers and Percentage Allocation Management Module are account management methods whereby one manager can trade numerous accounts. For example, you have how-to guides, Fundamental Analysis, Technical Analysis, Education and other trading tips. There are also regular market updates with the key levels and potential trade set-ups.

Reasons to Suspect LimeFx  is Operating a Forex Scam

Once you have tested the Demo and are ready to fund a live account, there are a number of ways in which you can do this. The MT4 and MT5 mobile apps are perhaps some of the most popular trading application in existence today. For example, the former has been downloaded 10m+ times and the latter has been downloaded 1m+. The cTrader interface is more functional than those of the MetaTrader platforms. You also have more charting capability as well as tools and indicators. This has an updated user interface and has some new features.

The Trustpilot Experience

In conclusion, LimeFx is one of the few top brokers worldwide that can be recommended with a clear conscience. Start now with the free demo account and test the provider yourself. You can promote LimeFx and bring new clients to the broker.

How do I deposit Cristian?

LimeFx is one of the most renowned Forex CFD provider, offering trading solutions for active day traders and scalpers as well as traders that are new to the forex market. LimeFx offers its clients cutting edge trading platforms, low latency connectivity and superior liquidity. The support is always amazing as they respond to your queries fast via live chat and email. The low spreads are great and better than most other brokers. I find trading great with ICMarkets as the orders are executed at high speed.

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