The name of the company is LimeFX EOOD which appears to be a Bulgarian company, this is a red flag for sure. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
Brokers are skilled and customer services are helpful. Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. MT4 is the most popular trading platform, used by thousands of traders and brokers. LimeFX has a well-rounded and well-regulated offering for traders looking to trade using spot and CFD instruments through a wide range of assets, particularly individual stocks and shares. The available platforms are Meta Trader 4 (the go-to platform of many pros) and WebTrader powered by Panda Trading Systems.
- There is a wide selection of good trading instruments.
- This selection is based on objective factors such as products offered, client profile, fee structure, etc.
- The opinions provided are not necessarily those of Myfxbook or its affiliates and should not be viewed as solicitation or recommendation for any signal provider.
- And the Scripts feature gives traders the opportunity to set up an automatic repetition of specific operations such as closing all positions with a single keystroke.
- Réka has attended the International Business and Economics bachelor program at the Corvinus University of Budapest.
- I got my money back, but after that I have gotten more than 100 phone calls from different number over the last 30 days.
Please share your previous experience with LimeFX in the reviews section. LimeFX do not impose any minimum requirements on deposits or withdrawals, but the channels themselves may do so. Depositing funds into a LimeFX account https://limefx.club/ is an easy and secure process. Funding can be done using credit transfer, or wire transfer, as well as the electronic payment method Ecommpay. Withdrawals are typically processed through the same method in which the deposit was made.
To fully understand how much will LimeFX, sam-trade, undefined cost, we first consider the common costs of standard accounts. At LimeFX, the average spread of EURUSD currency pairs is –, at sam-trade, the spread is –, and at undefined, the spread is –. In order for you to start trading on this platform, you need to dedicate $5,000 from the get-go.
LimeFX Withdrawal
Answer a few simple questions and get a list of the most relevant brokers. And that’s why there are enormous number of broker under this regulator. However, whatever the number of broker is, the rules are same for all. Maintain regular financial statement even after getting approval from CySEC.
All funds of clients are kept separate from company operational accounts in compliance with CySEC regulations. They are available via a direct connection to the interbank markets and a unique margin policy that allows clients to maximize their trading account’s potential. It’s been a while since we’ve seen a regulated broker, especially one that has been authorized since 2015.
This enables them to comprehensively evaluate the quality, ease of use, and function of the platform. This web-based trading platform allows traders to access directly their trading dashboard without downloading or installing any additional software or plugin. Since this platform is enabled with any internet devices, it gives traders an opportunity to trade whenever they want to. To help traders with their maximum trading flexibility, LimeFX has provided traders with a choice of 3 different trading platforms. From now, traders can choose between MetaTrader4 platform, the WebTrader, and the Mobile Trader.
However, there is an inactivity fee and bank withdrawal fees. The bank withdrawal fees depend on the currency and where your bank account is located. There are no fees charged for account maintenance, deposit, or credit/debit card withdrawal. CySEC regulated brokers means a retailer doesn’t need to worry about the quality of trade, the guarantee of money and the research for a good broker.
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Before applying for CySEC regulation, the broker must join LimeFX Compensation Fund Scheme. Under this scheme if a broker become bankrupt or violate any any obligation of the contract, a retail broker can claim a compensation up to 20,000 euro. So, choosing a CySEC broker means you are automatically gaining this compensation scheme. Besides, since your money are kept under segregated account, your broker can’t claim it as their asset. It means if somehow broker lose the regulation or somehow want to abuse your money, they have no way to do so. First of all, all CySEC brokers need to submit their financial report with full audit to the authority.
- The platform offers very simple navigation and traders can use either the simple search tool or can browse the category list to move around the website.
- I am new to all of these things and so at the moment they do most of the legwork as I train with them.
- Our research has shown that LimeFX is a reliable, secure, and regulated broker.
- LimeFX scam probability has already increased just based on the past of broker websites.
LimeFX scam probability has already increased just based on the past of broker websites. But still, there are no conclusions being made just yet. We still need to delve deep into their terms & services, options and of course they legality. What I really like about this broker service aside from being profitable is that I can easily trade on multiple markets on my account. There is a wide selection of good trading instruments.
Maximum leverage
Theforexreview.com needs to review the security of your connection before proceeding. However, we advise traders to contact their account manager and see all the information provided for the bonus. Also, in Terms and Conditions section, traders can educate theirself about the bonus and all information provided by the LimeFX team. If you are already trading with the broker LimeFX, please share your experience with other new investors, in the comment section below. Smart traders always check out the competition before settling on any broker.
LimeFX.com is a brand of K-DNA Financial Services Ltd. and provides online Forex, Commodities, Indices and CFD trading services for worldwide investors. LimeFX Ltd. is a Cyprus LimeFX Firm regulated by Cyprus Securities … According to LimeFX information agency data, in 2014 Forex Club ranked among the three Russian Forex brokers with the highest number of clients and monthly turnover volumes.
- You can start trading with a minimum deposit of ONLY $10!
- The most common withdrawal method is most often the one with which you made a deposit.
- This Cyprus-based broker is a wholly owned brand of K-DNA Financial Services Ltd. …
- We don’t recommend, facilitate or encourage trading with products that are not regulated.
- It allows you to trade forex, crypto, stocks, options and much more on its award-winning platform.
We also compared LimeFX’s fees with those of two similar brokers we selected, LimeFX and LimeFX. This selection is based on objective factors such as products offered, client profile, fee structure, etc. Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. By leveraging the power of emerging technology, their platform eliminates market inefficiencies, promotes equal access from anywhere in the world, and supports the trade of any object of value. Lykke is exceptional since it doesn’t have an absolute distinction between crypto & Forex. Does LimeFX have the features you are looking for in a Forex broker?
LimeFX offers a social trading servicevia the third-party service ZuluTrade. Access is provided through ZuluTrade’s own trading platform, where all you have to do is register with your LimeFX account number. The LimeFX web trading platform is relatively user-friendly. Important features, like account management or some research tools, are not integrated with the trading platform and you have to open separate web pages to use them. In the sections below, you will find the most relevant fees of LimeFX for each asset class.
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It seems that all account types offered by LimeFX satisfy. Our research has shown that LimeFX is a reliable, secure, and regulated broker. For existing and scammed by limefx new clients, there are regular promotional offers with low- or no-commission. Depending on which type of account the trader uses, commission rates will be fixed.
Réka has attended the International Business and Economics bachelor program at the Corvinus University of Budapest. She’s eager to help investors find the best LimeFX providers, through writing extensive reviews. On a more personal level she wants to develop her skills and grow professionally on this field. When we tested customer support, an agent was connected almost immediately both on the live chat and phone.
LimeFX, an online brokerage company based in Cyprus, is called a “LimeFX”. Customer support is based in Cyprus, offering support from 9am to 9pm local time from Monday to Friday. The website doesn’t have an FAQ section, so the information is hard to find and I had to go through tons of Legal Documentation for this review. The website is only translated in English, French, and Deutsch.
The LimeFX mobile trading platform isuser-friendly and well-designed. However, when we tested the platform on iOS, we felt that the platform’s layout was not optimized for newer iOS versions. Similarly to LimeFX’s web trading platform, we tested LimeFX’s own mobile trading platform, Trading Station.It is available both for iOS and Android.
For the beginning find a broker that will offer you a low minimum deposit and with that will help you to understand and learn the market. Because a good broker is always holding your best interest in mind. For a trustworthy broker, it is important to build brand loyalty and help customers grow on their platform so that they come back.