Reviewing LimeFx Everything you should know about it

It is very user-friendly and can be accessed directly from the browser, without the need of downloading anything. It offers numerous trading indicators and additional tools that can make Forex trading much easier for investors. After that, you will have to verify your identity according to the rules of the Know Your Customer policy. Keep in mind that you might have to provide a certain type of documentation for this. All-in-all, creating a live trading account at this Forex broker is not hard and is very straightforward. Before you are able to start trading any of these assets, there are several steps that you have to take.

The spreads on the low-end tiers could be a little better. The inactivity fee and withdrawal fee is another small negative point. The online brokers offer a range of advanced trading tools like social media platforms. There is an economic calendar from which you can know about all the events related to financial markets and all about the economic data releases. The online broker also offers an advanced mobile app available on both Android and IOS. You can trade anywhere and anytime with a LimeFx mobile app like accessing social media.

The company provided Secure Socket Layer , SAS 70 Data Services, & Firewalls, and Data Encryption for protecting clients funds. The minimum deposit is generally asked in very small amounts by the legitimate brokers as taking huge amounts as the minimum deposit is not advised by the regulations. The usual amount asked by the legitimate brokers lies in the range of $5 to $10. If the broker asks for an amount more than the average, chances of a scam.

We ask you to read our risk notice and disclaimer carefully before making any LimeFx or action. The analyses provided are for information purposes only and cannot replace an individual discussion with a competent person. Liability for direct and indirect consequences of these proposals is therefore excluded. An excellent broker for crypto trading with good leverage and a proven track record. In general, LimeFx is a fairly reliable partner and for six months I have not had any problems. Quite a good broker, although I had problems with withdrawals, the support team helped me pretty quickly.

What Is LimeFx?

Many Forex brokers today are connected with automated trading robots and signals software. You can research the various trading signals and software, see here. It’s a trustworthy company with a great quality of service and amazing customer support. LimeFx is the best platform for traders and it helps traders both new and experienced to trade on cryptos and forex via dozens of currency pairs. A huge variety of assets available on the site, helps traders to trade with different assets.

The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about cryptocurrencies. The entire responsibility for the contents rests with the authors. Reprint of the materials is available only with the permission of the editorial staff. If you want to stay away from these scam brokers, read the scam broker review here and know the motivations behind why you shouldn’t trade with them.

With over 30 CFD cryptocurrencies LimeFx is worthy of a second look for crypto enthusiasts. LimeFx is a modern broker with a new infrastructure. Their website is top-notch and you can access all relevant information quickly. LimeFx offers a wide range of learning materials. As an example, they offer VODs, Courses, Articles, E-books, Tutorials. To keep traders up to date with news LimeFx offers an economic calendar and dedicated news/alerts if you have a dedicated account manager (Gold+) as well.

Backtest historical price data for nearly any forex pair, from commonly-traded pairs to exotics. Effortlessly backtest strategies against historical data to validate your trading ideas. At least $ 500 per limefx courses scam month is obtained and this is an excellent addition to the basic income. Trading turned out to be a much more complicated process than I expected but LimeFx has done everything to make it easier.

In addition, most new retail investor accounts lose money when trading CFDs. A Demo account is the best choice for beginner traders for sharpening their trading skills and understanding the trading system. Traders can experience the same environment as live trading on demo account due to similar features and platforms. Help traders in understanding the trading strategies to protect themselves from losing money when trading. Read complete TradeWell Review 2021 from this article. The usage of this website constitutes acceptance of the following legal information.

The Broker may also offer professional account options for pro traders. The LimeFx offers access to their products and services which includes higher leverage for CFD instruments on all assets, and enhanced trading flexibility. Professional traders will get fast and consistent execution of orders .

Is LimeFx Scam?

While reviewing LimeFx, we found that this Forex broker offers traders an amazing opportunity to learn more about Forex trading while also trading Forex. It offers amazing educational material, which is full of different types of books, articles, guides, webinars, and special classes. The broker also offers a demo trading account, which is a perfect solution for total beginners to learn more about Forex trading and grow as traders.

Backtest day-trading strategies with intraday data from major US equity exchanges. A wide variety of datasets allows traders to backtest regardless of strategy or instrument traded. I defiantly can recommend LimeFx as a reliable broker. https://limefx.biz/ Company provides front-rank support and platform with favorable trading environment. A friend of mine has been working with this company for over a year and has mostly good things to say about the company, that’s how I discovered it.

There are options like skrill, VISA, MasterCard, Maestro and others for deposit. A form will open where you have to fill in your details and then click on create an account after accepting terms and conditions. Established in 2020, the brokerage firm has attracted a huge client base in such a short time. Our opinion about this issue is mixed as well, because on one hand, it seems legit to trade with. However, complaints about LimeFx are pretty common online. As mentioned above, LimeFx withdrawal issues are not big news.

Tradewell is a backtesting and analytics web app designed to help traders succeed

However, we highly recommend our readers to check other regulated brokers before dealing with LimeFx. If you have experienced such a problem, and the broker simply refused to give you a deposit or any part of profits, lime fx report it immediately and request a chargeback. Every clients’ money is insured up to 20,000 euros, which can help in fraud cases. The firm is also not allowed to use client capital in emergencies like bankruptcy.

• Flexible leverage based on account type and financial instrument.
• It is available for different platforms and languages and offers hedging and backtesting.
• I cannot agree with them that I am liable for my losses, as all my actions were done under direct instructions from their broker.
• Sadly for me, the conversations between their brokers and myself, took place by phone.I have asked LimeFx to get a report of those phonecalls but I never got it.
• However, LimeFx.com offers an above-average amount of cryptocurrencies but could add a few more stocks.

And I will continue to invest more with this broker. The head office of the Company is located at Isiodou, Andrea Laskaratou & Emanouel Roides Street 10-12, 2nd Floor, Ayia Zoni, 3031 Limassol, Cyprus. When it comes to regulation, LimeFx is a regulated brand under the CySec (Cyprus / EU) regulation. Sadly for me, the conversations between their brokers and myself, took place by phone.I have asked LimeFx to get a report of those phonecalls but I never got it. If I had, it would provide me with, as per the GDPR compliance. Now when the money is gone, LimeFx denies the wrongdoing sending me off with a miserable offer.

Moreover, we found out numerous reports about LimeFx unsatisfied customers claiming their agents siphoned their life savings.

LimeFx contains many good functions and nice choice of trading instruments. And they have given me the support that I needed in order to succeed. LimeFx offers you access to more than 170 trading assets. Trading at this broker is possible through CFDs, which have become very popular in recent years. Thanks to them, you do not have to own any asset directly.

LimeFx provides 28 PIPs for the silver account, 20 PIPs for the gold account, and 18 PIPs for the platinum account while trading in currencies. You can easily access this platform because it is straightforward and offers an intuitive interface with one-click trade execution. There are numerous options, and you can easily make payments, and it’s quick and safe. After clicking next, there will be a questionnaire about your trading and stock market knowledge and past trades experience. Founded in 2020 in Cyprus, LimeFx is a trading name of iTrade Global Ltd, a company authorized and regulated by the Cyprus Securities and Exchange Commission . Apart from this, the broker follows all the local regulations.

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What kind of plan you have will depend on your trading behavior’ deposits and capital. As a CIF, a broker has the legit right to operate in the EEA zone based on its EU passport. Besides the EEA zone, it can provide financial services to third countries if it complies with the trading regime. The “Open Account” and Login options are available on the right-hand side of the LimeFx official Website. Traders have to make their choice from the three trading account options.

The educational material of LimeFx was prepared by experienced traders, which makes it very helpful. While it is true that you will not be able to make profits using this account, it still is a great way to learn more about trading and grow as a trader. You can also try out different types of strategies and see which ones work better for you. Thanks to such diversity, the Forex broker is attracting many traders.

Excellent conditions, a simple website with a clear interface, a good level of support. Also checked their license and everything is fine with it. LimeFx is a trusted broker that can be recommended. A wide range of trading tools, especially the ability to trade crypto.