Nevertheless, we aim to prepare our customers for their trading journey, taking them by hand and explaining everything related to trading. Moreover, we are providing them with customized trading suggestions, analyses, and strategies. Well, it was sleepless nights and the weekends was very nervous cause the markets would open up or down and it was always BAD, stay away….
Beware in the U.K.,as they also have a temporary licence to ply their trade in the U.K.,although I have also alerted the FCA in London of their modus operandi. LimeFX is a forex broker established in 2017 and registered with SySEC , and VFSC . LimeFX has a consumer rating of 2.88 stars from 4 reviews indicating that most customers are generally dissatisfied with their purchases. Trading accounts on the LimeFX platform are available with both retail and professional.
- At LimeFX, the average spread of EURUSD currency pairs is 0.1, at LimeFX, the spread is –, and at undefined, the spread is –.
- On long-term positions, negative balance protection, and client funds are separate from LimeFX’s funds.
- For full protection of LimeFX, LimeFX operates negative balance protection along with complete segregation of client funds from the company’s assets.
- We do not present any LimeFX advice or guarantees for the accuracy and reliability of the information.
I had an account with open trades that were placed by a management company and the trades were in 25% draw down with no hope of things turning around. They assigned me to one of their advisors, who was very knowledgeable and even demonstrated some impressive techniques in real-time. He gave me a set of signals on a friday afternoon and by monday morning, my account was in 80% drawdown. Apparently that trader was fined 100k USD however I have no proof.
Web & Desktop Trading Platforms
In addition, diversifying your LimeFXs through multi-asset trading will increase the number of signals and trading opportunities you receive. LimeFX grants niche traders with longer-term leveraged focused trading strategies a distinct edge with its swap-free offer. Other traders must deal with an expensive cost structure and backward account hierarchy. XM is a superior alternative, as it maintains a highly competitive overall trading environment, quality education, research, and generous bonuses available from a minimum deposit of $5.
Instead, financial professionals believe investing in numerous instruments across different sectors–known as portfolio diversification; can improve one’s LimeFX outcomes. This is because each asset class has its own distinct qualities based on various market conditions, that could impact your portfolio’s performance. Another reason to diversify your portfolio is to mitigate risks. As the saying goes, “Don’t put all your eggs in one basket”.
These can be downloaded directly from the Apple App Store or Google Playstore. The broker also advertises the segregation of client funds on their website, to provide further transparency and security to clients. /PRNewswire/ — The Global Brand Awardsis an annual event held by Global Brands Magazine, an international publication headquartered in the UK. The award aims to recognise global brands achieving excellence in performance across a broad range of sectors while keeping its readers updated on key trends surrounding the branding world. LimeFX was evaluated based on customer service, satisfaction,digital innovation, strategic relationships and new business development.
We hope that we would continue living up to your expectations. We are so happy to hear that you are satisfied with the support provided by your Account Manager. We created our broker knowing how important it was to assist beginner traders in their trading journey. I hope that you would be satisfied with the benefits that could be acquired from our service.
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This market trades different currencies against one another (also known as currency pairs, such as EUR/USD). With LimeFX, we offer trading on some of the most desired currency pairs, including EUR/USD, GBP/USD, and EUR/GBP. LimeFX is one of the few full-education specialized companies providing one on one sessions suitable for beginners. Our team of professionals is working https://limefx.biz/ closely with the clients, teaching them how to use the platform, how to set up trades, how to analyze the market, and how to use the many tools and instruments we have. Support is available 24-hours, and clients can either send an email, call support, or engage with customer support via a live chat feature. The support staff is fluent in English, Arabic, and Russian.
The differences can be quite big as they are compared below. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Trading with LimeFX will involve fees from $500 USD, spreads from 0.05 pips, and commission-free trading depending on the account traders select. LimeFX offers Islamic swap-free trading on seven account levels, Standard, Bronze, Silver, Gold, Platinum, Premium, and VIP. LimeFX offers Extended Swap-free status by default to all applicable trading accounts created by clients in non-Islamic countries. LimeFX is one of the most trusted and transparent brokers in the industry.
When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. We do everything possible to provide the best services to our clients so they can be satisfied with us. Thank you so much for the time taken to leave us such a high rating.
The stated objective of MiFID is to participate in building a more integrated, deeper, and more effective generating growth capital market while strengthening the protection of investors. However, this type of regulation does not let LimeFX offer its services where the broker is NOT regulated. limefx forex broker LimeFX and XM offer equally secure trading environments, with negative balance protection and the segregation of client deposits from corporate funds. Third-party insurance is missing at LimeFX and XM alike. The UK and Cyprus subsidiaries of XM have an investor compensation fund.
- In addition, GBM strives to create awareness concerning the significance of such organisations and rewards them for their notable efforts with the ultimate global recognition.
- They promote unsafe trading practices such as giving incentives to trade based on traded lots.
- This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.
- To open an account, users simply need to click on the Open Account tab which will take them to a registration page.
Furthermore, many of these currencies are not physically held in banks, but rather through blockchains which are securely encrypted. LimeFX offers users the ability to access the AutoChartist plugin tool for MT5. This provides market analysis such as automatic notifications of emerging and completed chart formations and fibonacci patterns. It can be used on the desktop and mobile version of the MetaTrader 5 trading platform. We are very sorry the market did not go in the direction you expected. While a trader may not be satisfied with the results of his/her own trading that does not mean they were not treated fairly by your account manager.
How do I know I can trust these reviews about LimeFX?
Is designed to monitor and optimize your entire trading process by offering broad functionality. MetaTrader5 is an institutional multi-asset platform offering outstanding trading possibilities and technical analysis tools. Traders can enjoy the latest version of the most popular trading platform with plenty of cutting-edge features and benefits brought by LimeFX.
The MetaTrader 5 mobile trading app provided by LimeFX is covered in more detail in the video review. All their trades has commission, they do not care if you lose or win. All reviews represent only their author’s opinion, which is not necessarily based on the real facts.
Efforts are already underway for the broker to obtain FCA licensing and offices in the UK region as well. The broker also gained new partnership deals with Spanish LaLiga football club, Real Betis Balompiè, Trading Central, SumSub, and various prominent limefx forex brokers reviews media firms. User-friendliness of their desktop and mobile platforms are amongst their fortes, following a complete redesign of their website’s UX/UI design. Overall, LimeFX is excellently poised for continued improvements and recognition.
- Other traders must deal with an expensive cost structure and backward account hierarchy.
- Additional features offered are signal service, AutoChartist plugin for MT5, market analysis, and news and trading opportunities.
- As the world becomes more and more global, investors hunt for opportunities anywhere they can.
- With LimeFX, we offer trading on some of the most desired currency pairs, including EUR/USD, GBP/USD, and EUR/GBP.
- LimeFX was evaluated based on customer service, satisfaction,digital innovation, strategic relationships and new business development.
- Is designed to monitor and optimize your entire trading process by offering broad functionality.
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When it comes to education, LimeFX has created a well-equipped and solid service for new traders. LimeFX’s rebranding includes a totally retooled new website UI, as well as a freshly supported client area. More specifically, this allows users to view their account in real-time, whilst viewing it next to the trading platform side by side. Noteworthy is the asset selection, where this broker has done an outstanding job of offering a wide range of assets. The availability of swap-free accounts for all traders is unusual and could be interesting for traders worldwide. This broker grants a free trading signals package, and its education center, video library, and Autochartist premium tools are accessible to everyone.
Trading CFDs on commodities is also quite convenient and flexible. Even though CFDs on commodities have expiration dates, we at LimeFX easily rollover the contracts for you, so you may continue selling or buying it. This condition lets you hold onto the trade and wait for it to react as you need, with little obligations. As such, it can give more chances to possibly gain from market movements. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
You must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. You should not start investing capital that you cannot afford to lose, because you could incur a loss of part or your entire original LimeFX. LimeFX does make an educational section available under the “Learn” tab. Here traders will find introductions to Forex and Futures, eBooks, and a glossary. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Please read LimeFX Reviews below and share live trading experiences with this broker.