Forex Trading

LimeFx Forex Broker LimeFx Reviews & Trading Information

As such, highly experienced technical traders are fully catered for. This is fully complemented by a variety of technical analysis tools and indicators – all of which are facilitated via the industry-standard MetaTrader4 platform. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. LimeFx is not currently regulated by or registered with any government or non-government body to supervise its financial activity and resolve trader complaints. We use dedicated people and clever technology to safeguard our platform. For any questions, feel free to reach out to our 24/7 customer support channels and one of our specialists will assist you.

That’s ok, with the gains I made I would prepare for next time because I planned on investing again. When commission was paid I attempted to withdraw the funds but withdrawals were suddenly deactivated for maintenance to be done. My funds were sent to a “so called” bank broker at Mutuelbnunion.com to do the transfer, limefx website but fee after fee has been asked before the transfer can be done. I’ve paid over $50k to this bank broker to get my “so called” funds, and fees continue to be asked after I’ve been promised by Eagle there would be no more fees. I’ve wiped out my little retirement fund as well as my husband’s to try and get my funds.

LimeFx forex broker

However, despite this, a drawback is that LimeFx is not regulated by any known entities. LimeFx offers Muslim traders who follow the Sharia Law with the option of converting their live trading account into an Islamic Account. There are no additional costs indicated on the Muslim account.

Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. Withdrawals are completely free and the support team are looking at withdrawal requests hourly to get them processed as quickly as possible.

LimeFx Review and Information 2023

Our customer support team has proceeded to get in touch with you to get some more information, in order to be able to help you further. So far so good, this is the most reliable Trading platform i have used in a long while, i have never had any issue with withdrawal and deposit, but the trading view component needs more functionality or upgrade. This platform warrants me to do nothing at all and quite easy to use. LimeFx brokerage services are not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. As they are not regulated, they can accept users from most countries but you should check to make sure that they are allowed to operate in yours. If you discover that they cannot, please feel free to use our free broker comparison tool to find another option.

If you don’t find the answers you were looking for on the FAQ page, the LimeFx support team are on hand 24/7 to support you whenever you need them via Live Chat, Email or Phone. This is important when you consider the crypto market is open 24/7, so you may need to speak with someone on the weekend. LimeFx spread and commission fees start from US Dollar 6.00 with spreads from 0.1 pips. LimeFx doesn’t charge any account fees, while deposits and withdrawals are also free of charge. Even though LimeFx is a popular broker, there is no known or confirmed regulation or authorisation from reputable regulatory entities. This means that there is no watchdog that can ensure that LimeFx fulfils its financial obligations, or that traders receive legitimate services.

Day, night, or weekend, a live agent is always available to help with any problems or to answer any questions. When I am choosing a broker, regulation https://limefx.vip/ is one of the first things that I look for. This is because a regulated broker can give you certain protection that unregulated brokers cannot.

LimeFx forex broker

However, they are lacking in terms of automated analysis software and I think they could benefit from integrating with Autochartist or Trading Central. These are both excellent trading tools that you can get free from some other brokers such as LimeFx. As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your… Most forex brokers are regulated by governing bodies which impose strict rules and regulations on them.

Regulation

LimeFx is a STP/ECN broker with extremely tight spreads and low commissions, making it a perfect environment to trade on. They don’t manipulate any prices or spreads to stop traders out, as they are not a market maker, they simply push your order through to their liquidity providers. While the platform hosts a somewhat low 200 financial instruments across four main asset classes, it’s important to recollect that Eagle FX remains relatively new within the forex and CFD space. In fact, if you’re looking to specialize purely in crypto trading, you’ve got access to 31 digital currency assets, including both fiat-to-crypto and crypto-cross pairs. LimeFx are a reliable broker which I use for forex and 24/7 crypto.

LimeFx forex broker

Over within the cryptocurrency department, traders can purchase and sell variety of crypto-to-fiat pairs and crypto-cross pairs. We found that the Eagle FX platform may be a bit thin on the bottom when it involves the amount of tradable financial instruments available – a minimum of as compared to more main-stream forex and CFD brokers. I have heard good stories about LimeFx and how fast they proccess withdrawals , but when i tried them on demo the spreads was disappointing , and 6$/lot for that type of spreads are high for sure.

USD Welcome Bonus – lime fx Broker

Operating as an online business, this site may be compensated through third party advertisers in the term of commission. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews. Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders.

  • When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.
  • At LimeFx we never demand money in order to process client withdrawals and any platform that does cannot be the true LimeFx.
  • If you would prefer to trade with a regulated broker, LimeFx are regulated in multiple jurisdictions and also have provide crypto trading.
  • LimeFx are an ECN/STP broker, meaning they have extremely low spreads and fees for traders.

If you don’t mind the lack of regulation and are looking to trade CFDs, then you could always see what they have to offer with a free demo account to begin with. LimeFx is continually reviewing the trading services that they provide to ensure that clients have everything that is needed in order to profit from Forex trading. As part of their commitment to keeping costs low, there are no fees charged on deposits and withdrawals. Traders can fund a trading account and begin trading with as little as $10 and can do so using a variety of popular banking methods. LimeFx boasts one of the largest and most responsive customer support teams in the industry, offering 24/7 live support and guaranteed fast response times.

Broker information

LimeFx may be a popular option for traders around the world, but there is no record of any past awards and/or recognition that the broker has obtained over the years since its establishment. Claim your free $30 FXChoice Forex No Deposit Free Bonus and trade forex with no risk! Are you looking for a chance to test your forex trading skills without any financial risk? I would say it’s a bit bold labelling this broker as a scam – personally I’ve used them for around 2 and a half years and always get my withdrawals same day. Regulation means nothing in this game, the likes of Veracity, lime fx & JPMarkets were all regulated, and customers never got their money back. LimeFx claims to be owned and operated by LimeFx Ltd, a company registered in Dominica.

LimeFx AT A GLANCE

However, Dominica is a notorious offshore zone that does not regulate forex. So currently LimeFx is not regulated or not overseen by any financial regulator. As a final note, the minimum deposit and withdrawal amount is that the equivalent of 10 USD/EUR/GBP.

There is a clear niche for brokers to fill that offer trading conditions internationally that some brokers simply can’t because of oppressive regulation. I’ve got the FCA holding my money for 2 years now while they carry out an investigation in whether an LimeFx should be regulated or not. Anyway this broker is a decent low cost broker that offers good trading conditions, prompt and friendly customer service and crucially pays out the same day. I make profit and they’ve always paid me so no idea what one of these people is claiming. Use at your own risk, but do so with any broker as regulators don’t care about retail traders. LimeFx offers unlimited demo accounts within which current and prospective clients can test the platform, practice strategies, or simply work on their Forex trading skills.

If you send funds through third party payment providers then the funds will credit your vault within 6 hours. If you send funds from your Bitcoin wallet then typically the funds will credit when they reach 6 confirmations, a process that can take up to 6 hours. The minimum deposit and withdrawal amounts are 10 USD/GBP/EUR. For third party payment providers, you can deposit using USD, EUR or GBP.

No, of course not, it’s just something to bare in mind though. There are a few different methods of getting in contact with LimeFx for customer support when an issue arrises. I’ve used brokers before where it’s virtually impossible to get in touch with them for help, so it’s reassuring that this isn’t one of those brokers. LimeFx are an ECN/STP broker, meaning they have extremely low spreads and fees for traders.

The only research tools offered by LimeFx relates to the Daily Market Analysis and the Economic Calendar. For all other research tools, resources, and materials, traders can access MetaTrader 4, which offers a significant number of useful tools. LimeFx does not offer traders with any education or training on the official website.

In terms of finding your preferred financial instrument, you’ll do that by scrolling down the list of assets on the left-hand side of the trading screen, or by simply checking out it within the search box. Next, we then explored what technical indicators we had at our disposal. We found the overwhelming majority of indicators by simply clicking on the ‘Insert Indicators’ button at the highest of the screen. This included Bollinger Bands, Moving Averages, Parabolic SARs, Standard Deviations, and even the Ichimoku Kinko Hyo.

I have not made a withdrawal yet but will update this review. All trading is done via ELimeFx MT4 platform available on browsers, desktops, and mobile devices. If you prefer to speak to someone over the phone, we will be happy to give you a call. If you don’t have time to chat, feel free to send us an email and we’ll get back to you on average within 15 minutes.

Bonuses, promotions, competitions, and other initiatives are often offered by forex brokers either to attract new clients or to reward both new and existing customers. LimeFx does not offer new or existing traders with any form of bonuses. Typically withdrawals are processed within 24 hours but if yours is slow then reach out to the 24/7 support team via live chat to get an update on where your money is. From my own experience and research on forums, traders are saying that withdrawals do in fact come extremely fast. The LimeFx trading platform has an abundance of useful trading tools built in. There are technical indicators for analysing price movements such as moving average, Bollinger bands, Stochastics oscillator, MACD, RSI, CCI and many more.

I have not had any issues with deposits and withdrawals, where I always use bitcoin. The customer service team is also more helpful than other brokers I have used. It’s times where the chart on my forex platform does not match other charts and prices. Their excuse is they don’t use the same liquidity provider so you can’t compare. Which does make since on how I place a buy on gold and it gaps down immediately and I look on another platform and it hasn’t moved down or up. There are no fees for withdrawing by Bitcoin but you may find the amount received in your wallet differs from the amount withdrawn.

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