LimeFX Review 2022 In-Depth Key Findings

Minimum deposit and minimum withdrawal amount via wire transfer is $500. For PayPal, minimum deposit is $50 and minimum withdrawal is $5. The minimum deposit is $1 and minimum withdrawal is $5 for all the remaining methods. There is no fee for depositing funds however withdrawing money will cost some kind of fee that varies between $5 and $100. LimeFX provides the state of the art trading platform MetaTrader 4 to provide access to the financial markets for its clients.

They are also known as scam brokers because they take the money from forex traders without giving them services in exchange. The MT4 mobile trading platform yet again encompasses everything which is positive about the Metatrader brand, and passes these benefits along to LimeFX by association. Few mobile trading platforms offer an application which is so accessible that it can be used with dozens of brokers in one application. They are pretty quick when it comes to withdraw and deposit, also provide a wide range of options for depositing.

How was the rating of LimeFX performed compared to other brokers?

In addition, Italian regulator CONSOB issued a warning against the LimeFX, informing investors that the firm is not authorised to provide its LimeFX services or activities in Italy. Our full LimeFX review for beginners covers everything you will need to know about trading with LimeFX. A fantastic agent can take your first LimeFXs and help to protect it from losses but also give you a platform that can help to give you positive profits. If you would like to earn profits, you should trade with a brokerage service that contrasts with your investing objectives.

A fast execution will allow users to exchange without worrying about slippage safely. It will also aid the traders to catch any opportunities. There are signs of a scam broker which you should look out for if you want to avoid being duped by them. These signs show that the broker is not legit and is therefore important that if you choose to trade with them then you do so at your own risk. A legit broker will never try to make you wait for too long before your withdrawal is processed. Obtain a copy of their registration form from the regulator’s website/regulator’s office.

An SMS for the confirmation code will be sent to your mobile phone. You will be asked to enter this code to log into your account. ForexPeaceArmy.com 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. If you open and close any trade within 7 minutes, they will NOT let you keep your profit. All of the responses from the above methods were within reasonable timeframes and provided answers which were both concise and relevant to the questions asked.

LimeFX forex brokers reviews

LimeFX offers many different payment methods including all major credit cards , cryptocurrency, and e-wallets including Neteller and Skrill. Bank wire transfer is also available and usually processed within 7 business days. 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. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. The company specializes in facilitating cross-border B2B payments.

Regulation & Company Information

Therefore, it became an offshore zone for shady forex brokers such as Brokerz, TraderUR and more. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss https://limefx.vip/ or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.

  • It’s easy, just ask around and see what other people are saying about it.
  • If there are complaints about withdrawal issues then you need to investigate the problem.
  • LimeFX is a worldwide online broker founded in 2011 and now is among the largest and most respected companies in the world of the Forex market.
  • Since the broker has no regulations, we can easily say it’s conducting a scam.
  • Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, LimeFX objectives and seek independent financial advice if necessary. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

No, LimeFX is not a regulated nor licensed trading brokerage. If you were scammed by LimeFX or any other illicit brokerage, you should file a complaint immediately. The only way to get your money back is via the chargeback procedure. Depending on the broker’s status – regulated or unregulated, every scam differs a bit.

Is LimeFX a trustworthy broker?

We write a message, re-indicate your mail, nickname, and phone, send a message. LimeFX is a product of LimeFX Ltd, a company registered and located in Saint Vincent and the Grenadines – the territory of the financial regulator FSA. The registration number “23463” is indicated on the broker’s website LimeFX. If we go to the FSA website and add the LimeFX registration number to the search, we won’t get any result. For reliability, we drive in a search by company name and also do not get a result – this means that LimeFX works without a license and is not controlled by any supervisor. In order to start trading with LimeFX, you have to deposit at least 1 USD.

  • The Broker has local offices in 6 different countries and offers domestic assistance through those offices.
  • If you sign up to get a demo account with LimeFX, you will set out with a decent amount of virtual money.
  • In the event you’re withdrawing money in different currencies from USD, a conversion fee is also important.
  • As for the payment methods, you can choose between Bitcoin, Bitcoin Cash, Credit/debit cards, Ethereum, Litecoin, Neteller, PayPal, Perfect Money, Ripple, Skrill, WebMoney and Wire transfer.
  • You will probably also have top go through the standard KYC checks but LimeFX are normally pretty quick with this.

They give you a lot of options and features while keeping everything simple. I have been working with them for a while and so far everything is fine. Contact Summitrecoup Dtcm to help recover all your scammed funds. Got all my funds recovered after weeks of getting in touch with them… over $256,850 recovered after my trust wallet account was being hacked and manipulated. I was scammed twice before by fake recovery company who said they could help but didn’t. The company launched a service in October 2019 that allows small and medium-sized companies to send money anywhere in the world fast and cheaply.

$10 No Deposit Bonus – Open a Live STP account, $10 Bonus is automatically added to your account

With LimeFX it is easy to learn, trade, manipulate and earn money. We guide you to the most convenient and accessible way of trading in the world of Forex market. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute LimeFX advice. FX Trading Revolution will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information. Before deciding to trade Forex or any other financial instrument, you should carefully consider your LimeFX objectives, level of experience, and risk appetite. LimeFX has headquarters in Cyprus, Saint Vincent and Grenadines, Switzerland, United Arab Emirates and United Kingdom.

Of course you will face problems with every broker, but as I believe with LimeFX, I have faced the least possible problems. As a forex trader I have always been looking for a reliable broker with fixed spared and high leverage, When I started trading with LimeFX, I realized this is where I love to trade. LimeFX is a brokerage company offering trading services for clients since 2011 with offices in Cyprus, Saint Vincent and Grenadines, Switzerland, United Arab Emirates and United Kingdom. In case of payment methods, this broker offers highly reliable and fast payment approaches to simplify the deposit and withdrawal requests. The registration process takes a few minutes and the initial deposit can be 1 USD which lets anyone to become a Forex market trader. The pages and official sources of the international regulators’ list alert shared with the authority directly or by other countries’ supervisory bodies or transmitted centrally.

I have been in trading business for almost 30 years and the latest 15 years of this period has been devoted to foreign exchange trading. Unregulated forex brokers often provide advantages such as undemanding registration and verification process, higher leverage, bonus and promotions. Nevertheless, those advantages come alongside low security level and investor limefx protection in the case of insolvency of the broker and conflicts between the broker and the client. No longer offers binary options trading which many traders often view in a negative light. LimeFX offer three distinct account types for traders to select from. All of these account types offer a variation of the same services at different rates.

I really like this broker for the high leverage that they provide and the strong support that they have, they never keep you waiting for too much and they always have the best answers for any questions. What I appreciate the most about this broker is the high leverage and the features that they provide for their clients while keeping everything simple. I have been working with them for a long while and im really happy with that. I have experienced trading with different brokers and LimeFX was the best one.

All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. If you are unsure if this is what you need to be doing, consult your fund recovery specialists for their opinion. You can also contact an independent professional to perform a background check on the broker; he or she will have access to databases that are not available to the public when running a search online.

However, none of the branches are regulated or registered with any authority that oversees the Forex or financial LimeFX services companies. Therefore, there is no strict implementation of the rules that are typically deployed by the reputable organizations in a purpose to protect customers and their LimeFXs. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!

It provides almost anything that I require a broker to provide. Investors always look forward to LimeFX opportunities where they can gain profit. The Forex market is easily accessible to interested investors like you.

You need to check all of the benefits listed so you have a better comprehension of LimeFX. Over the past 9 years, LimeFX has become one of the leading online brokers available to the public. This LimeFX review contains the latest details about LimeFX.

  • LimeFX is the favourite of many traders because of its negative balance protection.
  • The leverage they provide is really awesome too, they are are helpful, responsible and also polite.
  • There are signs of a scam broker which you should look out for if you want to avoid being duped by them.
  • You can use this broker to train on a demo account or work with a small deposit of up to $ 1,000.

Because of its reliability and execution speed, the MT4 has always been popular among traders and forex brokers. MetaTrader 4 platform offers access to advanced charting tools and technical indicators for traders which can improve the likelihood of a trade to profit. Another important feature of MT4 is Expert Advisors which enable traders to automate their trading strategies. Expert Advisors use parameters that are predetermined by the traders for opening and closing trades. A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you.

LimeFX Review 2022

LimeFX are a professional broker that has been trading for over 9 years. They offer a large range of options in their client accounts. At the time of writing this LimeFX review, and despite LimeFX’s impressive offering, the company has surprisingly not garnered any awards to date.

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