Therefore, those companies should look for licenses in operating countries. Even though they applied for an FSC compensation fund, that doesn’t mean that traders have guaranteed refunds in specific cases. So my result is this This Company is misguiding they give you greed of bonus then refuse and keep 60$ of clients.
In general, LimeFx provides trading service in Forex , Gold & silver , CFD , Stocks , Indexes , Metals , Bonds , ETF , Crypto and Oil . The customer support is available via Callback, Email, Live chat, Office, Phone, Skype, Telegram, Web form and WhatsApp. LimeFx broker offers a large number of incentives for its clients. In addition, this brokerage company pleases its customers with a number of other promotions and bonuses.
What is the maximum leverage for LimeFx?
Technical support in the company is also at the proper level, always polite. Lastly, we would like to point out that it is possible to avoid trading commissions by using Standard and/or Fixed trading accounts. As you have been previously informed by our Customer Support department, trading session schedules may differ depending on the trading conditions specified by the liquidity providers. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Withdrawals by means of certain methods may be processed within a day but depending on bank services it may take several days for the money to be available. LimeFx offers a variety of research tools like economic calendars, trading calculators, technical analysis articles, and news. The Financial Commission protects traders’ interests and provides insurance up to a fixed amount per case when needed. Bitcoin is the digital currency with the largest market capitalization and price levels since its inception in 2008.
This step makes sure you have a verified account to be able to withdraw funds easily. Users are required to complete verification before they can deposit funds with LimeFx. An ID or passport will do the job, and documents should be valid and issued by legit government authorities. After this process, it is recommended https://limefx.biz/ to verify the payment method that you are going to use. Just log in to your account on the preferred payment method’s account screenshot and send it to LimeFx. In today’s review, we will discuss all the necessary details for traders to know before opening an account with LimeFx and see what they offer.
Key point is spread, as the main benefit of an ECN account. LimeFx tops the list of well-established and reliable Forex brokers. For over 11 years the Company has been offering high-quality trading services and LimeFx opportunities to clients around the globe, 24 hours a day.
Account holders can send and receive funds using an e-wallet, a virtual bank account number in a local currency or a re-loadable prepaid MasterCard debit card. The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. The company specializes in facilitating cross-border B2B payments.
Our proprietary rating algorithm takes all of the datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare limefx brokers easily and find the best ones for their needs. This may seem to be a small number, but within the year, it quickly adds to a significant amount of gains.
Moreover, LimeFx use SSL encryption and two-factor authentication on login that keeps traders’ personal information and trading capital safe. Being a member of the Financial Commission, LimeFx ensure that disputes between traders and brokers are resolved timely and in the most efficient and just manner. With this broker, traders can experience passive income by trading more than 250 instruments. LimeFx is ideal for those who are serious about earning and have some experience in the field. LimeFx is a non-regulated broker offering extremely high leverage, with high spreads and no strict trading conditions. Each trader who invites his friends to LimeFx gets $10 for every referred friend, and all newly invited clients get a 25% trading bonus on each deposit over $100.
The technology embraced by LimeFx is among the highest caliber, making sure that it’s fast, dependable, and efficient. Ernst & Young, one of the largest accounting firms in the world and one of the Big Four, has assessed the financial soundness of LimeFx. The auditors were given access to all LimeFx trading platforms to conduct an independent assessment of the size of the company’s obligations to its clients. In addition, the auditors received confirmation of the company’s cash balances from banks, payment systems and liquidity providers in order to analyze the broker’s capital adequacy. There is also a loyalty program where the broker returns part of the spread and a cashback program based on multi-level marketing . The greater the trading activity clients demonstrate, the more funds they can pour back into their trading accounts.
How many people use LimeFx?
I agree with the opinion that LimeFx has many bright advantages over other companies. Average conditions, the spread is optimal, but not the smallest. Although the broker is time-tested, there are no serious problems. Well, it is important for me that there are no wild commissions for withdrawal and withdrawals quickly. As pluses, I will definitely note the responsive support service and the timely withdrawal of funds, I have never had problems with this. As a drawback, I would note that the broker does not process withdrawal requests on weekends.
You can customise the layout to your preferences and conduct market analysis using lots of built-in indicators. I think the platform is ideal for anyone who is looking to trade online with relative ease. Our team has devoted their efforts to simplify the intricate world of trading with LimeFx into easily understandable information in this LimeFx review.
LimeFx specifies on its official site how you are able to exchange real time stocks with your demo account. With this digital LimeFxdemo account, you are able to experiment in any way, to whatever length you desire. You can even open positions, test different trading strategies, and much more. If trading currency pairs is of interest to you then LimeFx offer over 76 forex pairs. For other trading platforms, the inactivity fee depends upon the type of account you have selected.
You just need to open a fixed, standard, or ECN account and then send the request from your personal area to activate your Islamic account. Depending on the disparity between each bank’s interest rates, currency swaps can either be positive or negative. Regulated brokers tend to provide some security for traders. Whether it’s compensation funds, negative balance protection or something else. The idea is to protect traders from misusing their own money. LimeFx has both seasonal and permanent bonus offers and promotions.
LimeFx Review: Table Of Contents
LimeFx won’t charge you for deposits; processing time is instantaneous except for bank transfers, which could take up to 3 – 5 business days. LimeFx offers many lucrative bonuses and promotions, all with extremely generous terms. limefx forex brokers reviews For example, new traders can receive a 25% welcome bonus when making an initial deposit of $500. Besides that, you can also benefit from their cashback loyalty program, where part of your spread is reimbursed for active trading.
The level of commissions will vary between different brokers and also depends on the asset being traded and the type of service offered by the broker. Do you want to trade Forex instruments, but you can’t due to religious restrictions? LimeFx is a trusted broker, as respected financial market experts emphasized.
- The funds can later be used to pay merchants, other Skrill customers, or converted into crypto.
- You can use this feature to build your faith in the system as well as yourself and your trading strategies.
- LimeFx is one of the best trading platforms for beginners.
- It also enables the traders to earn passive income through the broker’s copy trading service.
- The standard account offers a middle ground between all other trading accounts and is great for beginners and pros alike.
Some traders might think that is a reason to trust this broker. But, taking a look at any LimeFx review would say the opposite. The maximum leverage offered by LimeFx depends on the account types. We fully reimburse all funding’s commissions at our own expenses.
You will then be able to calculate the spread, cost of point, swap , swap and margin. This can help to speed up the trade planning process which could prove to be useful if you are in a hurry or just not great with maths. LimeFx also offer traders the MT4 MultiTerminal which is an MT4 feature that allows you to use several accounts at the same time with no need to re-login.