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I lost my life savings of $260,000.00 STAY AWAY FROM THESE SCUM. Support is available 24-hours, and clients can either send an email, call support, or engage with customer support via a live chat feature. The broker values customers and is happy to answer all general, technical, and account-related questions that you may have.
Funds can be deposited into a trading account via credit and debit cards, bank wire transfer, Neteller, Perfect Money, Rapid Transfer, Alipay and others. Trading costs such as spreads rates vary depending on the instrument being traded and account type opened and are covered further down this review. ESMA intervention measures only apply to customers of AN Allnew LimeFXs Ltd (LimeFX.eu). It is your responsibility to choose which area you can trade with. Your LimeFX profile does not meet our internal criteria for opening a trading account with us based on the response provided. Please ensure that you have provided accurate responses before submitting your application.
Trading Accounts Types Overview
LimeFX broker requires a minimum deposit of $500, which is double the industry standard. However, investing in virtual and real funds cannot be compared. Thus, someone with a professional degree takes over and trades for you, protecting your trading strategy from being exposed.
No matter what kind of trader you are, newbie or well-seasoned, you will definitely feel important with LimeFX. The broker offers four different types of trading accounts called Silver, Gold, Platinum and VIP. Users also have the choice between Variable Spread and Fixed Spread accounts, although the best spreads are on the higher minimum deposit accounts.
Previous performance does not foresee or assure future outcomes. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money Please read our full legal disclaimer. LimeFX extends comparative advantages to all its customers in an effort to provide all traders with additional trading strength and control. You can request a reduction in spreads if you trade enough volume each month.
NewsWikiFX report: LimeFX wins two for two at Global Brands Magazine Awards, UK
Then with 2 trades that went very bad very quickly, all was lost in a day. The account hit margin call before it hit the stop loss, which shows how far the stop loss was. I got involved with Legacy since I was looking for a ‘safe pair of hands’. I had an account with limefx official site open trades that were placed by a management company and the trades were in 25% draw down with no hope of things turning around. They assigned me to one of their advisors, who was very knowledgeable and even demonstrated some impressive techniques in real-time.
- Yet, last year, this same company opened an entity registered under An All New LimeFXs Ltd in Vanuatu.
- Guys the way you are so patient on me, answering every question I would just trow on you guys, the updates.
- LimeFX makes multiple International and Country-Specific deposit options available.
- There is also a variety of convenient deposit and withdrawal methods to choose from, including popular e-Wallets for quick and easy account funding.
LimeFX has serious implicit with its range of means and free trading signals. Still, the high minimum deposit and spreads aren’t competitive enough to attract new dealers. The website also features an economic calendar, offering traders an insight into the upcoming market events, their projected impact and the likely to be affected instruments. Both beginner and advanced traders will find the LimeFX calculators useful. The broker offers a Pivot, Fibonacci and Deal Size calculator. One of the drawbacks of LimeFX is that it doesn’t accept U.S. or Canadian clients.
The fact that it is under the regulation of European MiFID, as well as CySEC standards, makes it pretty secure. Here you can get signals and hints or indicators for trading that will bring an amazing trading experience. Those are from the algorithms and experts, so they work most of the time.
Provide signals and hints that work
LimeFX does not charge any fees on credit card/electronic wallet deposits as well, yet this may vary from rule to another. LimeFX has a consumer rating of 2.88 stars from 4 reviews indicating that most customers are generally dissatisfied with their purchases. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.
- Apparently, there used to be a couple of signal providers who would routinely end up emptying their clients’ accounts.
- If you want to take a broad opinion and invest in another country (or sell it short!), forex is an easy way to gain exposure while avoiding vagaries such as …
- This is the updated successor of the MetaTrader 4 or MT4 software.
- LimeFX offer technical analysis videos from their in-house experts who analyse the market trends.
Here you get a segregation guarantee meaning that your funds and LimeFX’s funds will never be the same. This regulation also brings the most transparent platform for clients offering greater protection of their money and experience. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries.
It lowers trading costs significantly and has a notable positive impact on profits. I want to stress that the benefit kicks in for traders who keep positions open for more than a week. Otherwise, the high spreads and commissions make LimeFX an expensive broker for scalpers and short-term traders.
Can I Trade Cryptos and CFDs With a LimeFX Broker?
They welcome clients from all back grounds and have a very helpful support team on hand 24 hours a day to assist with any questions that you may have. LimeFX is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees.
- LimeFX also asks for Taxpayer Identification Number , breaking with the procedure available at other offshore brokers.
- Withdrawals processed through wire transfer may take anywhere between 2-5 days to be credited to the trader’s account.
- “Too Many Orders” – This means you’ve exceeded the allotted amount of orders for your account.
- For instance, it compels the broker to keep the funds deposited by its users in segregated bank accounts.
We are happy to hear that you find our service so beneficial. We hope that we would continue living up to your expectations. LimeFX is one of the few full-education specialized companies providing one on one sessions suitable for beginners. As a beginner trader https://limefx.biz/ I’ve had a great experience with services provided and this has helped me to grow as a trader .personally I have picked up a lot from this and I’m very thankful . Covering Forex platforms, trading apps, broker reviews, and all regulated online trading sites.
Legacy FX gives the keys to access the forex market 24 hours a day, 5 days a week, allowing users to trade the most popular major, minor and exotic currency pairs. The LimeFX web trader is the most easily accessible trading platform. It is obviously a no-download solution, and it offers integrated charting, news feeds, live support and technical indicators. Being MiFID compliant, a broker is theoretically free to provide financial limefx forex brokers reviews services throughout the EEA, but on a practical level, there are some exceptions to this rule. You can discover TradingView’s premium analytics portal on LimeFX, including real-time charts, fundamental data and cryptocurrency market widget. TradingView is the most active social network for traders and investors where you can connect with millions of traders from around the world and learn from the experiences of others.
Whether you’re just starting out as a trader or you’re a well-seasoned professional, LimeFX has additional knowledge that can prove to be helpful to you. LimeFX offers a dozen global equities from Germany, the USA, Switzerland, Netherland, Belgium, Spain, France, Norway, and the United Kingdom. You can also find ETF or exchange-traded fund stocks on their platform. Considering the number of stocks available on LimeFX, traders definitely have the opportunity to diversify their portfolios. The accounts offer all the same introductory features, including exchange-free trading which is a highlight. Unfortunately, you can only profit from mobile trading with the Platinum account.
LimeFX executes deals via Position-1 PCI-Pukka service providers and waiters are located in SAS-70 pukka data centres. Trading conditioning on the platform are also secured with Rapid SSL encryption and are firewalled. There’s a 150 minimum pullout quantum in the chosen currency for bank transfers and no minimum for other styles. LimeFX doesn’t charge any check freights for recessions but they do pass any fresh costs onto the customer. All means are commission-free, except for stocks where charges range from0.15 to0.45 depending on the account. The brokerage is possessed by its EU reality,A.N. Allnew LimeFXs Ltd, which is authorised by several European controllers, including the CySEC , FCA , and BaFIN .
LimeFX has extensive resources for beginning traders and offers a variety of account types to fit the needs of traders at all levels of experience. A contract for differences is a financial contract that pays the differences in the settlement price between the open and closing trades. This means that you can speculate on which direction the price will move without needing to physically own the underlying asset.