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At this forex broker, the trading fees for withdrawals are between 0.5% to 2.8%. LimeFX offers a scheme called “Free Funds” for users. The minimum spread for Pro-Cent accounts starts from 1.3 pips, and 1.5% of the company’s revenue is rebated. For Pro-Standard accounts, the spread starts from 1.3 pips, and up to 15% of the company’s revenue is rebated.
If you think that my review is not justified, just do not write comments on it and that’s it. All your agreements and regulations protect only your interests. By writing a review, I expressed an opinion about the company, showing people how the company can easily deprive all the money and nothing can be proven. Also, other sources do not confirm such a strong short-term spread expansion.
The initial deposit mandate at LimeFX for the rTrader platform is just $100. However, in the case of the R Trader account, the min deposit is 100 USD. Even then, it is surprisingly low limefx official site compared to other sites. Traders need to factor in their details like their email address, full name, and mobile phone number in the “Members Area” registration section of LimeFX.
LimeFX is it a scam? Reviews and description
We’ll be grateful if you please contact our Support Service via a ticket from your Personal Account and describe in detail with the reasons you gave negative remarks. Please read LimeFX Reviews below and share live trading experiences with this broker. LimeFX features building automated trading solutions via R Trader.
With the multi-asset R Trader platform, users get the opportunity to take their market exchanges to a whole new level. Last year, LimeFX launched the Sponsored VPS program for its clients working via MetaTrader 5 trading platform. Additionally, the user can access a private VIP manager to assist them with their trading pursuits. Since its introduction into the Forex broker market, LimeFX has been providing trading services on a global scale.
R StocksTrader
LimeFX is a reliable broker since is regulated by European CySEC, so is considered a low-risk trading environment, in case it is solely an offshore firm better to stay away, as risks are high. Forex Admin is a blog where you can find an in-depth analysis of Forex Brokers, Stocks, CFDs, ETFs, and other financial instruments to make informed decisions. When the market is calm and liquid then slippage is quite rare but may reach significant values in the events of low liquidity, or high volatility when the prices move in a rapid and unstable manner.
It has micro accounts and has an interesting internal copy trading service but it is useless if the conditions of automatic trading, scalping or working on M1, M5 or H1 are impossible. Our Live Support provided the answer to your claim in the ticket, which contains all information on the studied situation. Recently, there hasn’t been any new data that may help the Company to revise its stance on the issue. If you have any further questions with anything, please contact our 24/7 Customer Support. We always strive to improve the quality of our services and will surely handle your situation.
Hedging is a one type of trading method, where a trader opens two trades on the same instrument in different direction. For example, if you sell EURUSD & you buy EURUSD together. Since its establishment in 2009, on the awards page, LimeFX has listed many awards, starting in 2012 till 2021 from various awards provided by various sources like Worldfinance awards, etc.
In case of any complaints against our Company’s operations and activities, contact our Live Support in any way that is convenient for you (email to , write a ticket in your Members Area or via phone ). RoboMarkets, a foreign exchange broker licensed in Cyprus, has just announced that it has become an Official sponsor of one of the leading women’s volleyball teams of the Republic of Cyprus. Since the moment the team was founded in Limassol in 1976, TRB-Danoi ΑΕΛ , later rebranded to RoboMarkets AEL, has held leading… The last point in our LimeFX review is educational and analysis features together with research tools and materials that are especially essential for beginners. Even though there are some comments from traders also in our LimeFX Review being non-responsive, we check and found them answering relevant answers and engaging quite quickly. Indeed, both offers full control over positions and orders, featuring the same functionality with the fastest in industry charts and advanced analysis tools, also designed with a clear and clean view.
LimeFX also deploys its proprietary copy trading platform, is home to the best pricing environment, and grants industry-leading traders protection. Beginner traders get high-quality research and education, and LimeFX maintains a generous bonus and reward program. I rank LimeFX among the top three brokers in the industry, with a product and services portfolio hard to match by most competitors.
As noted above, LimeFX offers instruments from various markets, including Forex, stocks, and cryptocurrencies. If you compare ECN accounts of other brokers, LimeFX has the best trading https://limefx.group/ conditions for scalping. For example, in LimeFX, the minimum Deposit on an ECN account is $ 1,000. LimeFX commodities incorporate low-risk trading conditions in a Forex market.
- All the negative reviews I’m seeing here are just ridiculous.
- One of the most ignored trading costs is swap rates on leveraged overnight positions.
- I have NEVER seen a broker who needed this time to make a withdrawal.
- All along I thought I was the one not doing something right until just yesterday, I switched accounts on the same platform and chart appeard to be the opposite of what I was using.
- LimeFX RTraderLimeFX’s RTrader is suitable for trading all offered assets.
I was able to find a way to get my money back, a difficult process, but possible. Provide conclusive evidence, then I will remove the withdrawal. Let my situation serve as an example that people should not fall into the trap. But the main feature of the terminal is the ability to view the depth of the market, or as it is also called – the level2 glass. Here you can see not only the nearest to the price buy or sell orders, but also more distant, so-called “icebergs”. That is, in fact, you can see the so-called big player and even try to understand the course of his actions not at a certain moment, but in the future.
Beginner traders can test their trading skills with either a demo account or a cent account. Some traders’ reviews have complained about the broker’s trading conditions. Some complaint about the spread spreading to 140 pips on the EURNZD pair. There are traders who complain about the gold price is different from the charts from other brokers.
This Broker is Scam
But perhaps the most important feature of the block with charts is the possibility to analyze correlations of trading instruments . Of course, we cannot speak about this function as simple, nor can we say that any trader can use the analysis of correlations without prior preparation. Below in the program there is a block where the information about active trading positions, history of transactions and failed orders is displayed.
LimeFX gets a very good rating from us on this page.We tested the provider extensively with real money and were surprised by the good conditions. Use credit cards, bank transfers, online transfers, and e-wallets (Neteller, Skrill, etc.) to capitalize on the trading account. In addition, LimeFX has a wallet with which you can save money or carry out transactions.
LimeFX Reviews
With 6 trading platforms, the broker is also very broad. LimeFX RegulationNot to be forgotten is the security of customer funds. The company strictly keeps its funds separate from client funds from large international and liquid banks. In addition, there is no additional funding and the account is protected against negative balance. We remind you that trading instruments with leverage — trading, such as Forex and CFDs, involves a high level of risk.
The broker LimeFX is headquartered in Belize and is regulated multiple times . According to the website, it can be seen that it is a rapidly expanding company with more than 900,000 customers worldwide. Furthermore, it has had multiple awards since 2009 and official sponsorship such as limefx reviews the Kickboxing World Champion Andrei Kulebin. I think you know that I do not hope for a refund for a long time, since I wrote a letter to your support, that you do not write to me again and did not take away my time. All the same, nothing specific to my situation, you have not provided.
- In this guide, we’ll have an in-detailed discussion about all the features, necessary information, pros, and cons of LimeFX.
- Another great bonus is the Cashback program from LimeFX.
- ECN Brokers use electronic communication networks to provide clients with direct access to other players in the currency market.
- The broker has a global presence, delivering tailored solutions, from copy trading to crypto deposits; LimeFX meets the needs of its customers.
They can be divided into trading and LimeFX terminals, which include a set of algorithmic tools, i.e. capable of creating automated trading systems without having to learn programming languages. Apart from MT4 and MT5, which are already familiar to the market, LimeFX has added two terminals of its own design to its arsenal. A number of functions realized in them are very convenient for professionals, though not the most up-to-date solutions on the scale of the world’s trading industry.
LimeFX provides market instruments for more than 12 thousand trading assets which are divided into categories, forex, cryptocurrencies, Stocks, Energy commodities, ETFs, Indices, and Commodities. For traders who choose high leverage, it is important to understand that besides leverage increasing profits, it also increases risk. R stock trader, this web-based platform is used to access global multi-assets from one platform. Thousands of stocks can be accessed through this platform. ECN Brokers use electronic communication networks to provide clients with direct access to other players in the currency market.
Together with its history and excellent regulatory track record, LimeFX ranks among the safest brokers. LimeFX also hosts demo trading contests, but I advise against entering them, as they promote the wrong trading behavior in a risk-it-all to qualify for cash bonuses. Terms & conditions apply, and traders should consider them carefully.