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Swap rates on leveraged overnight positions apply, and corporate actions such as dividends, mergers, and splits, impact equity and index CFDs. LimeFX passes on all relevant credits/debits and remains transparent about them. An inactivity fee of $5 per month exists if no trading activity has occurred for 150 days. Deposit and withdrawal fees depend on the payment processor, but the overall fee structure is minimal.
First of all, customer support at LimeFX is available 24/7. This however only applies to the English customer support. In fact, they are widely considered to be one of the low-spread brokerage services in the industry today. As a trader, you need to fully understand why lot sizes can directly affect your risks.
The withdrawal is carried out quickly without unnecessary confirmations. LimeFX is the only brokerage we know that provides client support via these messaging apps and this makes it very convenient for anyone to contact them. If you want peace of mind, then you need to be with a retail forex brokerage that makes efforts in ensuring that your concerns and issues are not only heard but addressed appropriately.
Bonuses And Promotions
Multi Account Manager means managing an unlimited number of trading accounts at the same time using just one account. Performance fees will be accrued and debited from clients’ trading accounts automatically in accordance with the limited power of attorney for making the process seamless and transparent. That is why we encourage our readers to find a better solution for their investment plans, and this decision could save them from a lot of headaches and frustrations. Foxrebate is forex cashback provider partnered with regulated forex brokers . We are not part of broker only as introducer broker and forex cashback services.
Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. All reviews represent only their author’s opinion, which is not necessarily based on the real facts. An acceptable trading environment and educational division, and plenty of daily trading ideas, make LimeFX a suitable choice for new retail traders.
LimeFX: Customer Service
Forex tradingalso uses leveragethat can magnify your returns in a very short period of time. This leverage allows you to manage more money than you currently have in your trading account for potentially higher profits. This service is recommended by the LimeFX team and features latency of less than 1ms. VPS services mean faster trade execution and less downtime on this virtual private server.
- 50% bonus on Cent, Mini, Standard, Pro accounts, subject to a deposit replenishment up to USD 100 and above.
- A huge initial amount just to open an account and be able to trade in real money mode could easily scare off traders.
- After filling-out the details, click on Open account to complete the process.
- Like many Forex trading firms, LimeFX is tight lipped about the individual or people behind the company.
LimeFX gives an opportunity to open a free demo account. Demo trading is a simulation of real trading on Forex, which is made for practicing and training. The demo account does not require investments, it is free. It allows you to gain experience in online trading, practical skills in working with MetaTrader, and to test your strategy without any risks.
LimeFX Scam Broker
We value every thought that can be shared with us at That will definitely help us to become even better. Oke first of all deposit small sum of money and choose my master. Since we speak about the illegal offshore operation, your funds are not safe with this broker. We want to invite you to read our recently updated Primefin & PrimeXBT reviews. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
In Forex trading, you need to quickly recognise when you’re wrong, and close losing trades as early as possible. It’s important to develop your ability to accept your losses andlearn from your trading experience. In addition to the inherent risk linked to trading, with Forex trading you need to addmargin trading and leverage, which means that you can trade large amounts with little initial capital. Foxrebate does not provide services for US , China, Hongkong, Iran and North Korea residence. The total rebate received by clients cannot exceed 48% of the total deposit (the maximum commission we receive is 60% of the total deposit).
This underscores the importance of working out if Forex is right for you…before you consider risking your money on it. So, you might like the idea of being a Forex United States dollar trader, but it is not right for everyone. An account can be opened at the click of a button on the LimeFX website and can be done in just a few steps.
The indices track the underlying prices of the currency pairs within that index. If the individual forex prices in that index increase, then the value of the index will go up. Conversely, if the individual FX prices decrease, then the value of that index will fall.
Cryptocurrencies continue gaining popularity with many traders . High earnings due to course changes, but serious losses are also very real to take place. We recommend you to visit LimeFX,TradeATF, LimeFX and several others for leading online brokerage services and then compare both the brokers. As researchers, we Swiss franc pointed out as many differences as we could, now we leave it to the investors to look out for themselves. Similarly, if she goes to girls night every Friday but isn’t spending any money, she might be going on dates. For example, you might notice shopping sprees, hotel rooms, or large trading strategy cash withdrawals.
LimeFX Trading Costs And Withdrawal Policies
Mini Account – for those who want to trade more significantly, this $0 minimum account offers 3,000 to 1 leverage and permits you to trade with any sum of money. LimeFX enables a wider range of trading instruments with this account and also allows for deposit bonuses. You trade standard Forex lots, so this is a real, full trading account for novice traders and others who only have a smaller trading capital available. More than 50 currency pairs, indices, metals, and commodities on your Pro account. That’s the one for professional traders who’re 100% sure in their trading strategies and have an enhanced understanding of the financial market. Pro trading account offers tight spreads, high leverage, with no restrictions on the number of orders and the volume of positions – and all of it is commission-free.
LimeFX Metatrader4
Standard Account – with a $100 minimum deposit, this account also offers 3,000 to 1 leverage. LimeFX is also compliant with protocols that verify account holder information as well as payment protocols. To this end, users must pass Know Your Customer or KYC verification processes and must also have approved payment methods which can be verified. LimeFX broker features a mixed business model – it renders brokerage services, being at the same time a dealer. On its website, the project announces a mission consisting in rendering the high-quality services that facilitate the accumulation of all necessary information for customers in one place.
You will be provided with an account number which will also serve as your demo account username. Use this detail to log in to your MetaTrader 4 forex demo account. Choose your preferred demo account type, leverage, virtual balance and your main password. What’s great about LimeFX’s demo account is that you will be able to experience the actual situation of the market and with real quotes.
To better protect your trading capital, it’s important to have a sound risk and money management system with rules to follow. Because the marketcan be volatile, there is always the risk of losing money when trading a currency pair. LimeFX was established in 2012 as a brand of IPC Trade Inc., and this means that the broker house has a relatively long-lasting presence in the business. However, other issues are dampening their overall quality, and the lack of reputable license is a potential sign of a LimeFX scam.
The official site of the broker will always present everything in the perfect manner. You will see the best services and amazing features on their site. But when you get started with the broker, things start getting ugly.
Regarding currency pairs, you can choose among all the majors such as EUR/USD, USD/AUD, USD/GBP, while you can also choose some of the minors. As a part of the LimeFX MT4 platform offer, we have a platform available for PC, Android, and iOS devices, and WebTrader. It simply means that if you want to have an app, it’s a possibility.
The broker also offers special Islamic accounts due to the prohibitions made by sharia law. This slightly indicates a hypocritic mindset and a sense of insecurity in the business model. What’s interesting about LimeFX is that they offer various account types for their clients with adjusted account currencies, leverages, spreads, commissions and other benefits.
And just by looking at the overview table above, this brokerage appears to have an impressive profile and seem to offer attractive trading conditions. We managed to identify you in our system and were able to point out the issue you faced. Upon checking LimeFX review – Scam or legit forex broker? with the Finance Department, it was discovered that the delay with your deposits was caused by the maintenance on the payment processing system’s side. As for now, the maintenance is over and the payment method you use is working correctly.
An honest review about the broker will never skip the withdrawal processing. If the broker offers smooth and regular withdrawals then things are good else you might face different issues later on. It is better to pay attention to the withdrawals from the very start. There are several incidents where brokers try to make lame excuses to avoid paying the traders. Sometimes withdrawals are held by the broker for no reason.
