LimeFX Review, Forex Broker&Trading Markets, Legit or a Scam-WikiFX

LimeFX scam

You can also contact the broker via Facebook, Telegram and LinkedIn. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose. International support is also offered because the LimeFX Group operates through different branches in the world. You can also reach multi-language-speaking employees by telephone, who have enjoyed a good education and help you directly (We tested by ourselves).

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LimeFX is regulated by the Financial Services Commission a Belizean regulator of the financial services market at the international level. Furthermore, LimeFX offers Negative Balance Protection and Market leading insurance. This will help place you in a much more secure position to maintain the value of your portfolio. On top of its excellent trading conditions and over 10,000 assets, this platform has unique features that separate it from the rest. The platform allows copy-trading, but if this is something you’re particularly interested in, check out eToro’s easy-to-use copy trading platform.

How to Open a LimeFX Account – Step by Step Guide

In the case of the R Trader account, the Forex platform favors a variety of stock asset services for exchanges. For the Pro-Cent and the Pro Account, novice traders having an account with LimeFX can benefit from its trading tools. With this, Forex investor can create an authentic trading account and jump-start their foreign investment ventures. When clients deposit their trading accounts, the commission is always 0%. The clients can choose one of the most popular trading platforms in the industry and install it on their PCs or mobile devices. LimeFX offers unlimited demo accounts for MT4, MT5, cTrader, and its proprietary trading platform.

Is LimeFX regulated?

LimeFX Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. LimeFX Ltd, which is an ‘A’ category member of The Financial Commission, also is a participant of its Compensation Fund. A professional team that works in LimeFX Live Support is ready to answer your questions 24/7.

I highly recommend the proprietary R StocksTrader, which also supports algorithmic trading. LimeFX offer traders 36 currency pairs, four cryptocurrency pairs, 100+ commodities, 10+ index CFDs, 12,000+ equity CFDs, and 1,000+ ETFs. While limefx scammers LimeFX offers a relatively low selection of currency and cryptocurrency pairs, it maintains an excellent choice of all other trading instruments. Trading with a regulated broker will limit the potential for fraud and malpractice.

Deposit Options

Another great option for beginner traders is the cent account. Our review of LimeFX shows that this FX broker offers this account to its traders. A cent account gives you the ability to trade Forex with the smallest amount of money. As of today, the number of available trading instruments is at 12,000. In the beginning, the broker offered just a few hundreds of trading assets to traders. Over the last decade, the broker has received as much as 20 awards from industry-leading companies and was named as one of the best operators many times.

  • All of its different account types also allow you to open a free demo version, so evaluating LimeFX doesn’t have to cost you a dime, and it could well turn out to be the broker you were looking for.
  • LimeFX does not levy internal costs for deposits or withdrawals, and the secure Members Area handles all financial transactions.
  • It doesn’t stop there, the broker adds a layer of protection in the form of LimeFX category A membership with The Financial Commission operating outside Hong Kong.

Other features include VPS service, Analytics Center, and rolling promotions. Trading platforms include MetaTrader 4, MetaTrader 5, and R Stocks Trader; CopyFX platform is offered for copy trading. LimeFX is a forex broker established in 2009 and regulated by the FSC of Belize (CySEC for its European division).

The Trustpilot Experience

This means that your deposits will be secured up to €20,000, which will be enough to cover most retail deposits. Overall, LimeFX goes to pretty significant lengths to make sure its clients’ funds are protected. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun.

LimeFX scam

Another financial safeguard implemented by LimeFX is holding civil liability insurance against claims of up to a limit of 5 million euros. The policy includes market-leading coverage against omissions, fraud, errors, negligence and other risks that could jeopardize client funds. LimeFX offers cTrader only in conjunction with a demo account, ECN account, or Pro-account. With it, you will get the fastest execution with high liquidity. The cTrader is quite similar to the MetaTrader 4/5 but offers the trader more advantages in scalping (short-term trading). In cTrader, you get a more accurate insight into the liquidity and order flow of the market.

My Go-To Broker: Fast & Supportive

Additionally, clients of these accounts can credit up to 120% in the Classic Bonus scheme. You can deposit money in your trading account and receive a Profit Share Bonus for your first and all other deposits that follow. Since its introduction into the Forex broker market, LimeFX has been providing trading services on a global scale. Its head office is located at 2118 Guava Street Belama Phase 1 Belize City.

LimeFX offer a wide asset index including several Forex pairs and cryptocurrencies. The broker has, however, taken out insurance against civil liability claims to help protect both its clients and itself. We also use different external services like Google Webfonts, Google Maps, and external Video providers.

LimeFX Account Types

With the CopyFX platform, you can access more than thousands of different traders. If you sign up as a trade, you can receive high additional commissions. In total, five various trading platforms based on the Metatrader are offered for trading. The right apps are also available for smartphones and tablets.

  • Con site no benefit from this I trade with them, but they required documents when I requested a withdrawal, which I gave them.
  • Most newbies immediately lose their starting capital without having enough time to acquire initial trading skills.
  • With these strategies, traders are assured that the company is legit and well-protected.
  • This service is included in the FInancial Commission membership and it provides protection up to 20,000 Euros per case if the member refuses to follow the judgment from the Financial Commission.
  • The interface of the start page of the program begins with three blocks, in the first of which the client can see two charts of various trading instruments.

Can I withdraw LimeFX bonus?

All Bonuses are automatically written off from your account once Stop Out take place. The client has a right to decline the Bonus. In this case, he can withdraw his own funds from the account without any limitations and restrictions, and the Bonus is written off the account.

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