And, to our surprise, LimeFx does come with high-tier fund protection mechanisms, which is pretty much what a trustworthy regulation is all about. We offer a variable spread, which means that the value is constantly fluctuating between the ask and bid prices. You may find a complete list on the MT4 when you open a Live or Demo Account. Margin Call – this means that you shall not be able to ‘Open’ any further trades. The MT4 app is available for download on both your mobile and tablet, allowing you to trade on the go!
I’ve also made a few withdrawal’s and each time I’ve had the funds within 20 minutes. I paid every fee asked by my personal advisors so i could cash in my earnings, but unfortunately i was left unattended to. I recently gathered concrete evidence and sued them at the recovery agencie Innfrawhitelimited, really needed their help and they came through for me as promised. LimeFx is not currently regulated by or registered with any government or non-government body to supervise its financial activity and resolve trader complaints.
A licensed broker, gives their clients added security and of course safety of their funds. LimeFx offers lucrative commissions for Affiliates who recruit new clients. With each new referral via your affiliate link, you will have the opportunity to earn residual income with every trade they make.
Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Basically, this broker only accepts deposits in Bitcoin, so you will need to buy bitcoins via Instacoins, and then it gets transferred to LimeFx. The CFTC has warned American investors not you use this broker, Read more.For broker complaints or problems with withdrawals, read this.
This platform is definitely not…
Should you require any further information on becoming an LimeFx affiliate, please do not hesitate to contact our 24/7 customer care representatives here. If your wallet provides you with BECH32 or any other format it won’t reach our payment processor. If you’re not sure about this please contact your wallet provider for further information. For other deposit methods, select your preferred method and proceed to follow the instructions that will be provided. The minimum deposit for a Credit/Debit Card and Bank Wire Transfer is $50. If you have not sent the funds yet, the deposit on your account will simply timeout and no further action is needed.
Therefore, both beginners and experienced traders can find what they want to trade on LimeFx. Demo account login details are uniquely generated at the time the account is created. Please make sure to make a safe note of the details when they are provided to you. If you forget your login details or misplace them, you will need to create a new demo account. First off, we went through its website and found that the broker offers information about pretty much everything, and the occasional lapses are compensated by an extensive FAQ section.
The LimeFx support team are on hand 24/7 to support you through Live Chat, Email or Phone when you need it most. LimeFx charges a commission of approximately $6 per lot, depending on the product and the account. 2) Coinbase/PayPal – When withdrawing to your ‘Coinbase’ wallet, ‘Coinbase’ offers the option for you to do so via ‘PayPal’, for your added convenience.
The conditions on these assets are also pretty impressive. Whether it’s the lucrative leverage rate or pretty affordable commission rates, LimeFx does distinguish itself as one of the more beneficial brokers in the market. The quickest and easiest way to report trade issues is to contact our 24/7 customer care support team through our Live Chat platform.
And finally, after the discussion about trading opportunities, we’ll determine how trustworthy these claims and the whole brokerage is. Now, generally speaking, LimeFx doesn’t feature a traditional type of license, which would trigger an LimeFx scam alarm in any other review of ours. We allow customers to open as many accounts as they wish, to help themselves feel https://limefx.vip/ confident whilst using real funds in live accounts. Before you can create a demo account via MT4 you will need to download MT4 to your windows computer and continue through the installation process. If you have internally transferred the funds and they are not appearing in your trading account, please log out and back in to allow the MT4 platform to update.
Want to let you know about a scam using…
Nothing on this website should be considered a recommendation or endorsement. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Always verify that your broker, is licensed by your local financial regulator. Now well over a year and no issues at all and they just keep getting better. Is there a maximum on the number of Demo accounts that I can open?
The LimeFx customer support team is available 24/7 to help resolve any issues or queries you may encounter. Our team of experts can be reached through live chat, email or call-back request, which can be found here. It’s times where the chart on my forex platform does not match other charts and prices. Their excuse is they don’t use the same liquidity provider so you can’t compare. Which does make since on how I place a buy on gold and it gaps down immediately and I look on another platform and it hasn’t moved down or up. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service.
LimeFx is continually reviewing the trading services that they provide to ensure that clients have everything that is needed in order to profit from Forex trading. As part of their commitment to keeping costs low, there are no fees charged on deposits and withdrawals. Traders can fund a trading account and begin trading with as little as $10 and can do so using a variety of popular banking methods.
If you are receiving the “invalid account” / “authorization failed” / “unauthorized” messages when trying to login to MT4 it will mean you are unable to connect. These messages are possibly related to either an incorrect password or an incorrect server selection. It could also be the incorrect MT4 login number, so please check that first. Please be sure to select the LimeFx-Demo for your demo account or the LimeFx-Live when logging in to your live trading account. It is not regulated and is using cryptocurrency for account funding and withdrawals. Eagle FX has only minor geographical restrictions and is accepting USA traders.
Transactions via Bitcoin cannot be reverted once a Bitcoin address has been used and the funds have left your Bitcoin wallet. It goes against our guidelines to offer incentives for reviews. We limefx also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations.
Good Broker, Good Support, Very Happy
On July 16th 2020, the CFTC warned investors about this broker. According to the Terms and Conditions at this broker, you may not use an AI system from trading. Join thousands of people who choose to trade with us, enjoying over 100 instruments including 24/7 trading of Digital Assets. If you don’t have time to chat, feel free to send us an email and we’ll get back to you on average within 15 minutes. Analysed and tested by our team of trading professionals. Trade a variety of assets at LimeFx and take advantage of uninterupted 24/7 trading.
Additionally, LimeFx does not request any fees for deposits or withdrawals of funds. Experienced day traders and investors understand the importance of only trading with a licensed and regulated Forex broker. You have many licensed brokers to compare and choose from online, so start by reading reviews of theBest Forex brokers. The way Scam Broker Investigator reviews a Forex broker to see if they are legit or a scam, is by looking for a valid brokerage firm license. The best online brokers, are legally registered and licensed by the FCA in United Kingdom, or regulated by the CFTC in the United States.
Finally, it’s time to take a look at how trustworthy LimeFx is, which means we need to determine is LimeFx regulated or not. For example, if you deposit 100 USD on your account, you’ll be able to open a position for 50,000 USD. It goes without saying that a position this large will also produce higher profit rates. However, we should also point out that higher leverage rates do increase the losses with the same amount, therefore, you should always use this feature carefully. By investing in various different instruments, you can better diversify your portfolio from unexpected market fluctuations.
Given all the above-mentioned details, and despite the fact that there’s no factual license to be found, we believe LimeFx to be a reliable broker. It takes it upon itself to protect your funds as much as possible. Instead of that, the money is stored in segregated bank accounts. When it’s held by a respectable bank, your money has no risk of being mistreated by the broker. Therefore, you can rest assured that your money is safe and sound with LimeFx.
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On the other hand, I find in some currencies spread is higher than other brokers. Should you require a more in-depth explanation of the above, please do not hesitate to contact us on one of our 24/7 customer support channels. Facing a real issue for claiming my withdrawals because they have been charging on a regular basis and my profits is sent on meta wallet but not released by my brooker .
- Click on Internal Transfer on the left panel and simply select where you want to move your funds to and from and click the Transfer button.
- This is the only broker I have used, so I decided to leave them a positive review.
- To see more information on LimeFx demo accounts and for instructions on how to create one, please visit here.
- My funds were sent to a “so called” bank broker at Mutuelbnunion.com to do the transfer, but fee after fee has been asked before the transfer can be done.
- When it comes to the first LimeFx login procedure, you can easily create a retail trading account, which offers you a bunch of trading benefits.
In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. However, if you go directly to the MetaTrader4 website, there are many useful web pages that can be of use to you. There are plenty of resources on the internet such as forums/videos in order for you to practice your trading strategies.
This can leave a gap where no orders are filled, resulting a larger profits/losses depending on the direction of the market. Slippage is considered a standard risk of trading and should be accounted for when planning trades. ForexPeaceArmy.com limefx review has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.
Pleasantly reliable(2+ years)
Besides, the profitability levels are still impressive, given how beneficial trading terms and conditions are. When reporting such issues you will be asked to provide a brief explanation detailing what has gone wrong as well as the Trade ID numbers of those trades which may have been affected. Stop Out – this means that the ‘Open’ trade, which has the largest negative balance, will be automatically ‘Closed’ in order to prevent your account from going into a negative balance. The Trader’s Password is used to place trades, while the Investor’s Password acts as a view-only log-in, which does not allow any trades to be placed or modified. LimeFx does not currently offer any training for the MT4 platform.