LimeFx Review 2023 Is it a Scam or Legit Forex Broker ️

It is one of the most comprehensive trading academies I have seen available with brokers… seminars, webinars, ebooks, videos, whatever your preferences are. We’re thrilled to hear that you’ve had a great experience trading with LimeFx. Our aim is to provide a user-friendly platform and a range of trading products to cater to our clients’ needs.

Having traded for nearly 2 years, I don’t consider myself a novice. Nevertheless, after encountering several setbacks, I decided to step back and dedicate time to more educate myself. In terms of educational resources, LimeFx has left me amazed. I had study other materials once, but the clarity here far surpasses them. Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format.

MT4 on LimeFx offers traders comprehensive features and tools to enhance their trading performance. The LimeFx MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the LimeFx platform to their needs. One of the standout features of MT4 is its charting functionality, which allows LimeFx traders to analyze price movements and make informed trading decisions.

  • Online investing with LimeFx can be just as risky as traditional offline investments.
  • You can easily reach our customer support team through various channels, including our live chat on the website, email communication, and telephone.
  • According to LimeFx, they are a worldwide broker with customers who use their web-based trading platform from all over the world.
  • Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact.
  • An account manager is available with all of LimeFx’s trading accounts.

From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD).

LimeFx also charges overnight swap rates for positions held overnight, which can be positive or negative depending on the trading instrument and market conditions. Hello Ewoud, We appreciate your patience during the account selection process! 🕒🤝 With our wide range of account options, we aim to provide diverse trading conditions to cater to different preferences. Hi Marcel,We appreciate your recognition of what traders demand! 📈🌟 It’s great to have you as part of LimeFx, and we’re here to help you conquer the market.

When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by LimeFx terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.

LimeFx Review Conclusion

LimeFx takes regulatory compliance seriously and has implemented strict measures to ensure the safety and security of its clients’ funds and personal information. The broker also offers negative balance protection and segregates client funds in top-tier banks. Hi abeau, Thank you for highlighting our diverse range of account types.

The company has also faced regulatory sanctions in several countries. These issues have left many traders frustrated and dissatisfied with their experience at LimeFx. Overall, there are strong reasons to proceed with caution when considering LimeFx as a trading platform.

  • People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
  • But you shouldn’t be worried because only MT4 can fulfill almost all your trading queries and activities.
  • It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management.
  • Therefore, LimeFx leverage magnifies both profits and losses in trading.
  • Hello Joseph & Gioele,

    Thank you for your interest in LimeFx!

Trading online with LimeFx requires an understanding of what you are doing. It can be challenging and requires significant research and understanding of the LimeFx trading tools and features. You must know what you are doing when trading with LimeFx. That’s why we’ve compiled this detailed LimeFx review with some important information that will hopefully make you more informed when online trading with LimeFx. We aim to provide you with all the information in this LimeFx review you need to determine if LimeFx is the right fit for you. But we don’t stop there – we also offer valuable insights into other great alternatives to LimeFx, so you can make a more informed decision and compare other brokers against LimeFx.

Limiting Your Risk When Trading with LimeFx Negative Balance Protection

LimeFx is the brand name of Notesco Limited, which was founded in 2010. Forex, commodities, indices, shares, metals, and futures are among the trading firm’s areas of expertise. LimeFx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa. LimeFx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues.

LimeFx Regulations & Background

We’re here to assist you in every way possible.Wishing you safe and successful trading! They usually don’t require something extraordinary, as it’s enough to have a performance trading platform, good assets selection and hassle-free funding mechanism. Fortunately, everything can be found here and that is why I also joined LimeFx to conquer the market. Withdrawal is a bit more intricate, and there are some charges, but they anyway don’t bite me mcuh.I urge you guys to pay attention to the company as it’s a good chance to excel in trading. I find this platform to have a great number of tradable assets, very nice trading conditions. Client-oriented customer support and bulletproof regulation.

LimeFx Fees Explained

LimeFx has got many negative reviews and traders who traded with this broker have raised many complaints against it. ReportScam has investigated a lot about this broker and based on the negative reviews, complaints and other scam features, we have listed this broker in the list of scam brokers 2023. LimeFx has appeared out of nowhere in my life and immediately won me over. Maybe it’s their education section that did that, or maybe the types of accounts and diverse trading conditions. Probably it’s both and many more cool and convenient features that allow me to trade comfortably and gain money. Education is a cornerstone of LimeFx’s approach, evident in its offering of valuable resources.

In adddition, LimeFx provides excellent customer service, with a team of highly trained professionals always ready to assist clients. With its cutting-edge tech and a comitment to customer happines, LimeFx is truly one of the best in the business. The broker lists an impressive variety of well-documented account types that cover nearly all trading limefx scammers styles and objectives. Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system.

Get Latest LimeFx Promotion

LimeFx supports only forex and CFD trading on multiple assets. The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although LimeFx might be suitable for traders who only want to trade in these markets. For a wider range of asset classes, you might want to look for a different online broker. Iron FX is regulated by the relevant authorities, the company does not hide its contacts and location. That is, this forex broker in fact can not be a scam and fraud. However, in the Russian Federation, LimeFx is not regulated in any way.

Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors’ deposits. LimeFx are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of LimeFx and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. LimeFx has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, LimeFx will verify your account details and process the payment within the stipulated timeframe, usually within a few business days.






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