limefx Review 2022 Pros and Cons Disclosed

The broker is also credited for being the broker that introduced the PAMM money manager service into the online trading industry. Based in Saint Vincent and the Grenadines, limefx currently serves in excess of 2 million clients all over the world. These offer the advantage that the deposited amount is immediately available on the trading account. Overall, limefx provides various payment methods, and its processing times are quicker than other similar brokers.

What is limefx Forex?

Today limefx is the world's largest MetaTrader 4 Forex broker. The first half of 2015 saw company branches offering their services to over one million clients from over 150 countries in the world. limefx clients have access to over 50 currency pairs and an extensive range of other instruments.

When submitting a claim you should thoroughly describe the situation that occurred. Within 5 working days the specialists will consider the claim and provide an answer. The account opening process is straightforward and standard for the industry. The refer-a-friend promotion offers a simple way to earn $50. Traders have access to 1,947 strategy accounts for limefx CopyTrade.

Bonuses and Promotions

They operate on the MetaTrader4 and MetaTrader5 platforms on desktop and mobile with the opportunity to trade in 50 currency pairs. The limefx Loyalty Program will reward clients for deposits, trading, and other routine operations. Having a high status in the limefx Cashback program affords traders more opportunities, privileges, and bonuses. I don’t like how limefx only has offshore regulators as these could be considered to be inferior to that of the FCA, ASIC, or CySEC. Most traders and experts advise against trading with offshore regulated brokers. You can check out our broker ratings for some alternative brokers with additional regulations.

In order to check and help you with the current situation, kindly send us your Mylimefx account number and your trading account number to , providing a detailed description of your issue. While the limefx trading fees, which are built into the limefx spread considered to be on a very competitive level among the market offering, you can check out and compare limefx fees to FP Markets. The broker currently operates in several countries and is catering to more than 2 million clients from 150 countries. The broker also offer quality services and has managed to survive in the ultra competitive industry. Another appreciation must be made of the tools made available by limefx, perhaps among the most useful that can be had. If you stop trading for more than 6 months or more, limefx International will charge an inactivity fee of $/€/£ 5.

limefx Minimum Deposit

Dailylimefx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

limefx scam

To start your account, click on ‘Register’which often appears in the top right corner of the website. Registering will involve providing your name, country of residence, phone and email. After that you’ll be required to provide a document proving your identity (so have one handy!) and take a short test so that they can gage your experience in trading. As always, please contact the customer support teamat limefx if you’re having any trouble when setting up your account. There are 4 various account types available as retail trading accounts at limefx, as well investment through PAMM accounts.

Micro Account

Some withdrawals face internal costs, while third-party processing charges may also apply. With processing times of 24 hours, traders will receive their funds swiftly. It remains one of the most valuable assets at this broker and a shining example of how to ensure clients have flexibility with financial transactions, that include local options. limefx allows Forex trading to reach new heights with extremely low spreads of 0 pips, easy and quick deposits and withdrawals of fiat or cryptocurrencies, and instant execution of trade orders. Start trading on the Forex exchange is straightforward; anyone can trade Forex. All traders have to do is go to the limefx platform, select a trading account type, open the account with limefx and top it with funds and start trading.

Their largest group of traders are those that are based in the Russian speaking regions. I did not deal with them in binary options, but I learned forex with them. Please specify the number of your personal account and order number. We will check the information and will be happy to give a public comment. I am working with the broker about half a year, started with cent, but I increased my deposit and I am going to move to ECN.

Resources Offered by limefx

The site is equally accessible from your computer, smartphone and other devices. The MetaTrader 4 and MetaTrader 5 mobile software can be logged in with the trading account information and only one account is required by the software. Forex economic calendars make sure that the investors are always informed https://limefx.biz/ of the relevant economic news. In this way, the trading forex investors have an advantage to either prepare or plan their trading driven by the event or reduce the risk levels on the way. limefx offers trading for Fix-Contracts that is both effective and simple with an excellent beginner-friendly interface.

These differ according to a number of factors including the type of platform, minimum trade size and processing type. They have standard accounts, pro accounts and their ECN no dealing desk accounts. limefx is an ECN broker which means that they offer Straight Through Processing of their client’s orders. This means that on these ECN accounts, traders are getting close to the market rate on some pretty low spreads. Please specify what problems you have encountered while working with our company. Since the project has existed for 23 years, you can find a large number of reviews on the Internet from clients.

Trading Conditions

But as of this branch of the brand, the broker is more than worth it. According to the withdrawal page on the website, there are a total of 27 different options to take funds out of the brokerage and into your own hands. Now, let’s take a look at the methods you can use to withdraw funds from the brokerage.

  • They also offer their platforms on the most popular and widely used Forex trading platform in the market.
  • The company used to have their head office in the UK as well as a operate a UK broker entity.
  • It is also worth pointing out that if you are going to be transferring funds between accounts and a currency conversion takes place, then limefx will try to convert the rate at close to market.
  • The execution time of withdrawal will depend on the option selected.

Nevertheless, the regulator fined the company $200,000 for violations in the process control procedure during the launch of the new trading system. Hello Nikolai, we always act with the interests of our Clients in mind. Please note that the Company has never interfered and does not interfere with our Clients’ trading, so the situation you describe is completely out of the question. This practice contradicts both the norms and the Company’s corporate ethics.

limefx Fees

For example, a fee of 1.2% + 2.9 EUR is charged for withdrawals via debit cards/credit cards. You need to head over to the withdrawals section in your account where you can select the type of withdrawal that you would like to process. limefx makes use of Metatrader technology which was developed by the Metaquotes company. These platforms are the most widely used third party platforms at brokers.

If you have a dispute, please file a trading claim in your Personal Area, indicate your trading account number, position numbers and a description of the dispute. Restriction on the maximum amount of transfer is set by the payment system. limefx scammers If you need to withdraw an amount greater than the limit set, you can use a bank transfer. Thank you for your proposal regarding ADV Cash payment system. To conclude the review, I would like to briefly summarize all of the above.

  • If you stop trading for more than 6 months or more, limefx International will charge an inactivity fee of $/€/£ 5.
  • Some of them were a bit difficult to understand on account of the accent of the presenter which is slightly unfortunate.
  • Some of them have restrictions on the maximum withdrawal amount, but this is not related to limefx.

This app is easy to download and to use on the move in addition to the browser web app. We want to help our readers in any way we can, but sometimes it’s better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you’ll need to contact them in person due to security.

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