Is LimeFxFX a Scam? Detailed LimeFxFX Review Updated 2024

LimeFx fx broker review

Apart from the copy trading feature, there are no unique trading features that make LimeFxFX stand out from its competitors. You also won’t have to make a deposit and will not be able to withdraw profits made from the Forex and crypto CFDs demo trading account. The spread on this account is a floating one and starts at 0.6 pips. LimeFxFX also requires that clients use the same payment details for deposits and withdrawals. This will prevent the transfer of funds to unauthorized third parties.

In which countries is LimeFxFX not available?

On the copy trading dashboard, you can see the rankings of the various “masters”. You can see their return over the past year as well as the copiers that they have and the compensation they would like. This is an interesting concept that has been used by other European brokers. Withdrawals are just as simple and all that you need to do is to head to your “withdraw” section in your account. Before you can request a withdrawal make sure that your free margin exceeds the withdrawal amount.

LimeFx fx broker review

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We do not provide financial advice, offer or make solicitation of any investments. The economic calendar displays a list of up and coming financial news releases including the country and level of impact. You can also see the actual, forecast and previous results of these releases.

cTrader Open API available on LimeFxFX

You can choose from a good selection of payment methods to make deposit and withdrawals. The funding options include wire transfer, credit/debit https://limefx.group/ card, digital wallets and cryptos. I find them to be the quickest and easiest way to move funds between my trading accounts.

Please don’t hesitate to get in touch with us via live chat or email at if you have any additional questions. Our staff is available at all times to help you.Kind regards,LimeFxFX Rep. We’re delighted to hear that you find depositing and withdrawing easy and that you’ve experienced quick responses from our customer support team. To help us achieve this goal, we would love to hear any suggestions or ideas you may have on how we can enhance our app further.

For example, if you made deposit using bank transfer to LimeFx, then you cannot withdraw to your Skrill wallet. MT4 utilizes Expert Advisors that permit it to sustain automated trading. Step 7) Click on Deposit button and select your preferred payment method. These include the majors as well as crosses amongst EURUSD, GBPUSD, GBPJPY, USDJPY, USDCHF, AUD/USD. Also, the stock CFDs are not available for trading with this account. LimeFx Group is regulated with Tier 2 regulator CySEC – Cyprus Securities and Exchange Commission.

One reason it has traders from around the world is that this platform is available in multiple languages. MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. limefx scam MT4 on LimeFxFX offers traders comprehensive features and tools to enhance their trading performance. The LimeFxFX MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the LimeFxFX platform to their needs.

Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss. As part of our LimeFxFX review, we review customer service options, response times and problem resolution effectiveness on the LimeFxFX trading platform. The LimeFxFX trading platform supports a limited number of languages which includes English. When using LimeFxFX, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened.

LimeFx fx broker review

You can trade a wide variety of instruments with LimeFxFXover 50 instruments in fact. We understand that informed decisions with LimeFxFX are the key to successful trading, so we’ve provided this detailed LimeFxFX review. So, take a seat, grab a cup of coffee, and dive in to learn about LimeFxFX and how it can benefit you or if LimeFxFX is not for you.

In addition to the markets offered, as an LimeFxFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location. MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device.

  1. Rather than specializing in any one field, LimeFx provides a wide assortment of content types.
  2. Dear El Tyuthwana,Thank you for taking the time to rate and provide feedback on the LimeFx Trading platform.
  3. In terms of the customer support options at LimeFxFX, they offer 24 hour a day service 5 days of the week.
  4. Below are a few examples of the type of spreads charged LimeFxFX on Forex and CFD trading instruments.

The app offers popular features such as alerts, 1-click trading, and trading from the chart. The trust score came in low, largely because the LimeFx Markets Inc. entity is unregulated. However, the European entity of LimeFx is regulated by the top-tier Cyprus Securities and Exchange Commission (CySEC). According to the broker’s website, clients have negative balance protection, and client funds are segregated from the company’s operating funds. The broker offers a selection of 230 CFDs across major asset classes, along with access to MetaTrader 4, MetaTrader 5, and its proprietary LimeFxTrader. In my view, LimeFx’s tight spreads, extensive research and educational materials, and diverse payment options truly reflect its innovative approach and dedication to meeting client needs.

LimeFx fx broker review

To get the most out of this functionality you will probably want to download cTrader to your PC although it can be used in a browser or traded through your mobile phone. Finally, if you would prefer to automate your trading strategy then you can use the cTrader automate which will help you develop custom robots. You have extensive back-testing capability with this suite of programming tools. Moreover, there is much more functionality when it comes to coding your EAs. This is because the MT5 uses an object orientated language called MQL5. You also have one-click trading on the MT5 platform which is not available on MT4.

Yes, LimeFx pays real money to traders who earn from their trading activities. It also includes $31M in bonus funds LimeFx paid over the past eleven years. The LimeFx MT5 account is the best for equity traders, and the LimeFx MT4 account is for Forex traders due to asset availability and trading tools. The minimum deposit at LimeFx is $25, higher than many brokers but within a reasonable range.

When testing LimeFxFX’s customer support, we found that LimeFxFX excels, an aspect of the Forex and CFD trading industry that cannot be overlooked. Most LimeFxFX customers have reported prompt and helpful responses from the company’s customer support team. The CopyTrade App completes the picture by focusing solely on social trading. The app’s AI-based recommendation system, which suggests Masters to follow based on a user’s trading style and risk tolerance, is what sets it apart. Aside from the expected advanced order types, MT5 includes a built-in economic calendar within the trading interface. This feature is often overlooked but is extremely valuable for Emirati traders who want to incorporate fundamental analysis into their strategies.

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