19th Ave New York, NY 95822, USA

LimeFx Detailed Review 2021: Is FXTB Scamming People?

However, the trading conditions offered by FXTB are a bit different. Like, spreads offered by the platform differ from account to account. Other scams and warning signs exist when brokers won’t allow the withdrawal of monies from investor accounts, or when problems exist within the trading platform. For example, can you enter or exit a trade during volatile market action after an economic announcement? If you can’t withdraw money, warning signs should flash. If the trading platform doesn’t operate to your liquidity expectations, warning signs should flash again.

  • LimeFx has a far-sighted vision to provide its services all over the globe.
  • All the unsuspecting trader has to do is hand over X amount of dollars for the privilege of trade recommendations.
  • This same company is the owner of another forex brand, PatronFX, that opened in January this year.

My practical experience with the broker showed that it’s true. We are very happy to read that you are satisfied with our Brand. Please do not hesitate to contact us at support- for any assistance you may need.

LimeFx broker offers CFD trading!

Forex TB Limited does not provide regulated financial services to residents of the United Kingdom. User satisfaction is the utmost priority of FXTB. Its team and members are available anytime to assist the users. The support system of LimeFx has a team of versatile people that can speak 8 languages to assist people from different countries of the European region. Trade more than 6,000 markets without commissions and professional platforms.

LimeFx scam

It provides live price action of all the markets that are being offered by the broker. I chose this company to test my custom indicator I create for Metatrader 4. I deposited $300 on the Basic account and test this stuff every day.

If there is an update in your status, you can update the questionnaire answers accordingly and you can be reconsidered. Most of our customers find it easier to upload these documents using their mobile phones. A reliable broker will verify the authenticity of new clients. limefx scam LimeFx clients are subject to a verification process authenticating clients identity. ForTradeis a fast growing broker, that is licensed & regulated in Europe, United Kingdom and Canada, see here. They go by names like Immediate Edge, Bitcoin Loophole and more.

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Both EU regulatory data security laws are complied with by LimeFx. It is a new broker on the market, and there have been a few https://limefx.biz/ complaints about it. The company does not list where the funds are held, are they in a segregated account, and in which banks.

LimeFx scam

Negative balance protection secures its user’s funds by providing going into negative due to high volatility and unfavorable market conditions. It provides negative balance protection to its VIP users in order to avoid getting into a negative balance. A plus point is that by using Margin Call or Stop Loss this is initiated and the funds of the users can be saved by this process. On the top right side, there is a chart of candlesticks that provides an overview of the current scenario of the selected currency pair. There is also a warning about the CFDs market volatility at the bottom of the trading section.

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I haven’t explicitly counted, but there are different assets paired with the dollar, the euro. They offer lower spreads and other privileges. For example, with a Gold account you can count on one free withdrawal a month, while Platinum users can make three free withdrawals for this period. Thank you for your positive feedback and for keeping us posted! Please do not hesitate to contact us to our support email support- for any assistance you may need.

LimeFx scam

That is why when brokers give them to test their platforms and train for free through demo accounts, traders who are new to forex must take advantage. New traders can use a free demo account for testing the platform by themselves without risks. If you want to start with real money the minimum deposit is $ 250. There are different account types that we want to discuss later in this FXTB review.

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It provides a flexible trading experience to trade CFDs. Its size is 86 MB and has over 50k plus downloads. It shows the growing popularity of FXTB among the public. In 2015, Forex-TB was founded and has offices in Cyprus. The official address of the company is Lemesou Avenue 71, 2nd Floor 2121 Aglantzia, Nicosia, Cyprus.

LimeFx is a broker licensed and regulated by the CySec. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that LimeFx is not a scam, read our trader reviews and check other popular trading related websites and forums. Our investigative review of FXTB finds that this CFD broker running on the user friendly, Scipio trading app. The trading app is well liked by new day traders and investors due to its simple interface and intuitive design.

LimeFx Trading Platforms

Now, due to the pandemic, the situation around the world has changed. The instability due to the pandemic was a good test for the broker. In general, in my opinion, everything is just beginning.

I would like to try everything, although I realize that as of now I don’t have enough margin to cover all my needs, but I persistently work on it. In order to make a deposit, you first need to verify your account. One cannot become familiar with true fear while trading in a real account. Opening an account is the first step to landing in the trading world. However, the account opening is not an arduous task. It takes hardly one minute to open an account after entering the proper details.

As a rule, I trade popular indices such as Nasdaq, Dow Jones, FTSE, but this broker surprised me with a very rich choice of indices. I’m currently exploring them with great interest. Please do not hesitate to contact us to our support email support- for any assistance you may need.” I trade cryptos here and I do it on Webtrader. At first I intended to trade on Metatrader 4 here but once I tried Webtrader I changed my mind. It’s a very good platform, well-built, easy-to-use and no less functional than MT. By the way, the choice of cryptos here is awesome.

Now I trade with LimeFx broker and I am very satisfied with my choice. I’m glad I didn’t make a mistake in choosing a broker. I like the fact that the support team of this broker always responds quickly and clearly. I didn’t have too many reasons to trade with this broker. First, I need to be confident in it, so I made sure it’s regulated. CysEc regulated this broker and it’s a good sign, I think.

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