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While LimeFX has entities regulated by top tier CySEC and the UK FCA, it does not accept retail clients in Europe or the UK. Retail customers are assigned to entities regulated offshore, offering few protections. LimeFX also hosts frequent webinars in English, Arabic, Thai, Indonesian and Vietnamese. These cover a range of topics and will prove especially useful to new traders.
With this trading app, the user can get any information related to the financial markets with just one click. The live chat feature on the app is something that cannot be missed. The live chat is something that is easy to operate. In pure trading terms, LimeFX is a decent all-round broker for most traders, whether beginner or more experienced. LimeFX has some positive features offered by few other brokers. For example, there are no inactivity fees, no deposit or withdrawal fees and instant withdrawals in many cases.
As you can see from the table above, LimeFX offers three Standard Accounts on MT4 and MT5, including an MT4 Cent Account. The LimeFX broker’s customer service is wretched, and the executives fail to clear client doubts. The executives were unable to answer our queries and don’t seem to have the proper knowledge. The firm claims 24/7 customer service everywhere but answered no calls, and the email response took longer than usual. The average response time was longer than two days which gets frustrating for an average trader.
Yes LimeFX may have a 1.5 pip spread the all of a sudden it becomes 10 pips. Yet that ONLY occurs during NEWS RELEASES. Any experienced scalper or trader knows to stay away from a currency during that time. LimeFX offers demo accounts for both the Trading Terminal platform and MetaTrader. This is especially important for beginners as it enables limefx company reviews them to practice their strategies and get comfortable with the trading platform without risking any real money. Client phone support is 24/5 in 15 languages and two languages, English, Chinese and Thai customer support is provided 24/7. Most brokers only offer 24/5 customer service, so this is a bonus for English-speaking traders.
It depends on what your trading strategies are and what features you are looking for in a forex broker. Help future customers by talking about customer service, price, delivery, returns & refunds. Some clients complain about the limited in-house research that the online broker is up to. This allows it to provide financial products or services to its registered countries where the broker is regulated. LimeFX is not regulated with FSCA in South Africa. Please note CFDs are complex instruments and come with high risk.
The deactivate your stop loss especially when you are a good trader …. Their spread are manipulative specially when you are a good trader …. The UK licenses and branch mainly operate b2b business for now tool. LimeFX Overall Ranking is 8 out of 10 based on our testingand compared to 500 other brokers, see Our Ranking below compared to other popular and industry Leading Brokers. If your trading style is automatic, this is your best option because the VPS server is always connected, reducing latency to a minimum. However, it is not yet widely used because its programming language is not fully compatible with other platforms.
In our tests for the Trust category we also cover factors relating to stability and transparency. Here, we focus on how long the broker has been in business, the size of the company and how transparent they are in terms of information being readily available. Is a Securities Intermediary authorised and regulated by the Central Bank of Curaçao and Sint Maarten with licence number 0003LSI. We rate Central Bank of Curaçao and Sint Maarten as a Tier 3 regulator. LimeFX Ltd is authorised and regulated by the Seychelles Financial Services Authority with licence number SD025. Visit our methodology page to learn more about our review and rating process.
A currency conversion fee will also apply for deposits and withdrawals from bank accounts in a different currency than the trading account. For more on LimeFX’ deposit and withdrawal fees and methods, click here. Global traders will be trading with Nymstar Ltd, which is authorised and regulated by the FSA in Seychelles. For a year, LimeFX have not been bad for me and I don’t need another replacement broker because they are good enough.
LimeFX lowest spreads are on Zero account and remain fixed at 0.0 pips for 95% of the trading day. Can’t decide between MetaTrader 4 and MetaTrader 5? Open your MT4 and MT5 accounts to start trading forex and cryptocurrency CFDs on the world’s favorite Desktop, Mobile and WebTrader trading platforms. No, LimeFX is not a scam it operates under relevant country’s legal requirements authorized by FSCA South Africa providing low risk Forex and CFDs. Click here to see Axiory which also offers traders access to the CFDs market. Yet, LimeFX does not offer very wide range of trading instruments, also is limited to propose European trading, since changed its licenses and mainly operating via international entities.
In the Standard Account, LimeFX earns money mainly from spreads . We found room for improvement in Trust/Stability, with retail clients assigned to entities regulated offshore. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about.
LimeFX offers their proprietary LimeFX Terminal platform, which is both feature rich and user friendly. MetaTrader 4 and 5, which offer https://limefx.group/ a broader range of order types and systematic trading are also available. Before we get into the review below, we have good news.
After that, I tried manually closing the trade but the platform didn’t allow me to do so. I restarted the mt4 platform and tried it again the next 15 minutes several times but still didn’t work. Later after minutes, the trade instead of hitting my TP it hit my SL.
So feel free to reach out to dimitru ivtcysec-recovery,,tech. Libertex has been playing with me for a week now with documents that prove my identity. I’ve given them my driver’s license, national ID, and passport, but I’m still denied. Their support team has asked me numerous times for clear copies of the documents, and I believe I’ve sent the clearest copies I could provide them. I don’t know how to verify my account anymore, it’s frustrating.
Can you highlight which issue you are currently facing? Further, please provide us with your account number so we can provide further assistance with your complaint. You can reach out to us on Facebook or Instagram DM (@LimeFX) and we will be happy to help. LimeFX is really scam never get inside this broker or you will lose your money. I’m sure they are just passing time; they don’t want to resolve it. I’m surprised, how bad their customer service and how they treat their customer like they give misleading information.
It is fortunate that this platform has reached a continent such as Africa, where the biggest “Ponzi scheme” scams have been located. With LimeFX we can get a free VPS where the trading platform is installed. The LimeFX broker compensation plan commits to reimburse a certain amount in case the company goes bankrupt.
The ‘partner link’ is pivotal in the LimeFX Partnership Program. It is a unique URL that serves as a referral ID that investors can share with the clients. Once the URL is shared and the potential client signs up using the partner link, the investor will be rewarded accordingly. Only the LimeFX platform has metal currency accounts. Calculator- This allows investors to get data on the basics of trading positions such as volume, swap short, swap long, lot price, margin, and point profit.
We offer a number of payment service options, some that change based on geographical location . Because these options can vary widely, it is impossible to recommend any single one as the fastest way to deposit or withdraw funds. LimeFX performs instant deposits and withdrawals with no commission charges using a number of electronic payment system that provides control over your trading account funding at convenience. Also, changes in regulations and Broker licenses enlarging changes and differences traders may see on trading accounts, thats why better to verify whether this is suitable for you.
Scammers have ruined the forex trading market and this company is one of them. They have deceived many people with their fake promises on high returns. I only pity people who still consider investing scammed by limefx with them. Please try and make your researches, you will definitely come across better and reliable forex trading agencies that would help you yield profit and not ripping off your money.
LimeFX is the brand name of the global brokerage firm that delivers its services through three main offices in Seychelles, BVI and South Africa. The divided nature of the firm enables international clients to access financial services and LimeFX solutions, while the global brand operating retail and mainly corporate solutions or partnerships. On the next page, you will again be given the option to select an areal or demo account and to choose the terminal, either MT4 or MT5. You must set the maximum leverage and the account currency (You can’t change it anymore). Choose a nickname for the account and a trading password.
