Since the company has a discretionary right to assign customers to any entity, we consider opening an account with LimeFX a risk. The company does make all of its legal documentation available on its website, which is an added level of transparency that some other brokers do not provide. The demo account only comes with 23 major currency pairs and two CFDs on silver and gold.

Not all brokers participate in awards, and therefore this aspect should be taken into consideration with the overall broker offering. LimeFX is a very new broker, which was established in 2016 by ICC Intercertus Capital Limited. The company has headquarters in Limassol, Cyprus, and global headquarters in the Grand Cayman Islands.

The spread is the difference between the bid and sells price of a currency pair, and what the broker charges, and is fundamentally how brokers make a profit. In order for a trader to make a profit or avoid making a loss on a trade, the price must move enough to make up for the cost of the spread. Overall, LimeFX can be summarized as a credible and trustworthy broker and is considered low-risk with competitive trading feesandspreads. All information on 55brokers.com is only published for general information purposes.

They can represent a specific set of the largest companies of a nation or they can represent a specific stock market. Trading is stable, which adds interest to this process, because the more stable the trade – the more stable the profit. https://limefx.club/ I got interested in it and I am willing to develop my cooperation with it. A good reliable LimeFX broker I have been trading with since the beginning of 2020. The regulators of the activity are such organizations as FSA, CySEC, FSC.

Customer Support

They will most likely work on persuading you to invest instead, which is never a good option. While bonuses are banned in the EU and other jurisdictions, LimeFX offers them. We’re unsure whether it’s only for an offshore entity or both, but you should suspect any incentives as they never come free. Regardless of the platform, there are still concerns regarding LimeFX and its offshore entities. However, the firm has recently established two offshore entities in Seychelles and Mauritius. This is a bit concerning, knowing that offshore jurisdiction has loose regulators belonging to the Tier3 zone.

Decent customer support should also mean queries are handled quickly and properly resolved. A trading platform is in essence the software supported by a particular broker in order to execute trades on the Forex market. Deciding on the right platform is also an important aspect of selecting a suitable broker.

Find your patterns and make the trade with exclusive data & analysis. LimeFX helps you expand your portfolio and optimize your trading with an extended range of instruments. Open your LimeFX account & step into the trading world in just a few clicks. LimeFX reflects its commitment to Corporate Social Responsibility and the environment through carbon-neutral sports partnerships.

We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information. We made successful withdrawals from them and received it to our RBC account and it took just under 2 weeks to get the funds. But Tiwonge said we had to take a small amount first, and we did. This was stupid on our part, if not we would not be in this position today.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. LimeFX is the optimal broker for me, execution of orders without any problems. You can use any strategies and advisors, there are no restrictions. Apart from this unpleasant suprise, I’ve been doing great with LimeFX so far.

Below is an in-depth review regarding LimeFX to help you make an informed decision before opening your account or trading on their platform. Forex brokers are firms that provide traders with limefx broker reviews access to a platform that allows them to buy and sell foreign currencies. To be honest if we were told that from the beginning we would NOT have joined so we were mislead by Ivan Koshelnyi.

Also, clients can choose based on their preferences and previous experience with one or the other. As it happens with many brands with multiple entities, some are legitimate, while others are fraudulent. In the case of LimeFX forex brokerage, having two offshore entities doesn’t make them look any trustworthy. Moreover, here is just one of the examples of what traders think of the LimeFX scam. ICC Intercertus Capital Limited was established in 2016 and it is regulated by the Cyprus Securities and Exchange Commission (CySEC 301/16). Aerarium Limited was established in 2019 and it is regulated by Seychelles Financial Services Authority .

What Should I Do If I Lose Money With LimeFX Broker?

I’ve heard about this broker for a long time, especially about the clear execution. I immediately checked broker’s behavior on low liquid pairs, rolled positions, scalping, checked withdrawal. I have decided to test everything on myself in order to understand why LimeFX has such good reviews and I should trade with them.

• Withdrawals are processed within one day; however, you might have to pay fees on credit cards and e-wallet withdrawals.
• EverFX, a forex broker has become an official sponsor and global partner for Sevilla FC. The company’s logo will appear on the front of the first team’s shorts from this Saturday at the Santiago Bernabéu.
• The demo account only comes with 23 major currency pairs and two CFDs on silver and gold.
• The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

As noted before, LimeFX came under some scrutiny for its lack of adequate regulatory status under the Cayman Islands Monetary Authority , which is not a well-recognized regulatory body. Complications generally arise with such offshore brokers as regional regulatory bodies typically lack the capacity to properly oversee all the activities of an internationally operative broker. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods. This is the newer version of MetaTradere4 and comes with natively supported assets, more execution options, more order types, more indicators, and more graphical objects, to name a few. LimeFX operates both in the Cayman Islands and out of Cyprus, and so the leverage level offered will differ depending on the regional jurisdiction. Potential traders should also note that the company reserves the right to charge a maintenance fee without ever specifying the exact amount, and which can rack up fairly high costs over the long term.

Fusion Markets

Please read LimeFX Reviews below and share your live trading experiences with this broker. EverFX review presents a brokerage company, which relies on the fair trading services to deliver the opportunity to every trader to potential success. The range of account types, platforms along with advanced tools and convenient customer supports enables it all becomes true. LimeFX is an online financial services provider that is the trade name used by the LimeFX group of companies. LimeFX has been providing excellent trading experiences to all traders all over the globe. LimeFX offers a wide range of financial services in the trading markets.

Yes, LimeFX offers a risk-free Demo account to its traders. Typically, licensed companies ensure they offer a wide range of methods, including wire transfer, PayPal, Skrill, and Neteller. Reliable customer support is another important aspect of choosing the correct broker, as a lack of decent customer support can leave pressing issues limefx official site unresolved and affect a client’s trade. These include the segregation of client funds with reputable banks and participation in a Compensation Scheme that covers clients in the case of broker insolvency. However, those traders operating outside of the EU jurisdiction will not enjoy the same level of protection from LimeFX.

LimeFX is an international online broker built on diversity, flexibility, transparency, and open, reasonable pricing structures. Finding a reputable LimeFX review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up. We are committed to the fair handling of reviews and posts regardless of such relations.

LimeFX brand has been operating since August 2021 and is a modern-day broker for a new generation of traders. It bridges technology with the core values of transparency and fairness to lead a new way of doing business in the online trading industry. Trading terms differ based on the fact whether you’re registered with a CySEC-regulated part of the company or an offshore one.

LimeFX provides fast and responsive infrastructure for a trading experience without ceilings. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose!

ForexChief

For example, VISA and MasterCard will allow you to file for chargeback within 540 days after making your LimeFX. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute LimeFX advice.

LimeFX Trading Platform Review – Trading Software

The broker has been the official sponsor of the Swan 42 class yacht skippered by Javier Sanz at the 39th Copa del Rey de Vela nautical event in Mallorca. It has also signed Olympian pro-cyclicst Antri Christoforou of the Burgos Alimenta team as brand ambassador. For updates and exclusive offers, enter your e-mail below. To add to the foregoing, we strongly advise you to ignore brokers such asProforbex,Gamma Capitals, andMartyn Services.

EBH Forex

Also, since the company was under the FCA investigation for the EverFX brand, changing the name does not guarantee you won’t be scammed as EverFX clients were. I checked a lot of trading platforms before I chose LimeFX. Yes, LimeFX offers a great trading environment for both beginners and experienced traders. The broker also offers an economic calendar that scans upcoming data releases and filters them according to the user’s preferences and strategy, from regions relevant to their forex trade. Forex analysis is used by retail forex day traders to determine to buy or sell decisions on currency pairs.

Though it seems simple enough, picking the right account is one of the most important aspects in deciding on the right broker, as the account type can have a direct impact on profit and loss. Typically, the Forex market abounds with a diverse range of traders, including beginners, intermediate-level traders, seasoned pros, and institutions, so that there are many types of accounts on offer. However, the company enjoys successful global operations with a special focus on developing professional and reliable relationships with its clients over the long term. To this end, the company works to provide a lucrative trading environment by providing traders with the necessary tools, knowledge, and support to enjoy and excel in their strategies.