Spreads are very tight as for top-tier broker and commissions are quite reasonable. Also, there are a lot of methods for withdrawing. Overall, LimeFx offers just about everything a forex trader could need.

LimeFx scam

How can you trade normally with such a spread? Everything is done to drain the trader’s account, especially in Russia, where there is no official regulator. Another broker’s customer complains about LimeFx due to the canceled profits.

The LimeFx Cryptocurrencies offer speculation on CFDs with the most popular cryptos, which is a great advantage too. LimeFxis one of the most significant brokers on the planet and has been the preferred broker for thousands of traders in the currency market. Because of that, the broker has facilitated thousands and thousands of transactions in thousands of accounts. Here’s a table that compares the spread on some of the most popular trading instruments provided by LimeFx with other well-known brokers in the market. Once your account has been verified, you can then proceed to fund it with the minimum required deposit.

www.LimeFx.LimeFxs: Forex Trading

The services on the quite high level and they often try to develop it. Client support always tries to help and there are no problems with deposits and withdrawals. I think LimeFx receives most part of bad reviews from the amateur traders.

LimeFx scam

I believed in this company many years ago and opened an account here, but only after a while I realized the value. LimeFx withdraws money quickly and without limefx forex broker any problems. In addition, he helps to earn this money. I think this is great, so I advise everyone to open an LimeFx demo account and try trading here.

He was left with the sum of $43, although the amount of the initial deposit that had been just added was more than $9,700. Only SCAMMERS do this with their customers, so do not trust the advertising and the bunch of positive feedback pre-paid by the broker. The other participants of the forum do not understand the perturbations of Byvaly user, as he waited 12 days for his money. But this is a personal matter of each client, to wait or demand to speed your withdrawal. And LimeFx often has to beat out its money.

The rest of the orders that were not mathced internally is sent to the open market to get matched there. There are a lot of nice things about working with a giant of the industry, but the mentioned above are my favorites. We learned that LimeFx offers dedicated 24/7 multilingual customer service, and provides relevant answers. Livechat, email, and phone communication are also available to help traders with whatever they need. For mobile, the LimeFx app provides an all-in-one solution, allowing clients to manage their accounts, manage funds, and trade from the integrated platform. Now broker still continues its development by adding on more instruments hence influencing the company’s growth too.

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The only thing I should say is that it is possible to earn decent profits with this broker without any fear that it will take everything from you in the long run. Before starting trading I explored all the conditions and check other platforms in order to be fully convinced that this broker satisfies my needs. And After 6 months I can confidently say that I made the right decision by starting trading with LimeFx. I enjoy more profitable trades on oil and indices here as well. No requotes on the ctrader platform and good execution speed. Good economic calendar and a lot of other useful features.

  • Nice variety of extra tools to help traders in their everyday trading routine.
  • To be confident in your skills before using real money.
  • The company also has a mobile version of the platform, but not very optimized if you ask my opinion.

The next trader warns that it does not make sense to place stops with the broker LimeFx because the British liquidity provider has software that helps to cease the short-stops. Deciding to trade with this “Kitchen” do not expect that you are lucky enough to avoid this scam. The pissed trader advises avoiding LimeFx at any cost.

I trust this broker

Specially for this, I also opted for their VPS server. I guess that it would be foolish to let robots trade without a VPS server. I can say that as of now I’m satisfied with the execution on the virtual server.

However, the opinions and reviews published here are entirely our own. The regulatory status, such as LimeFx, is a highly essential factor when selecting a broker. Brokers who trade without the oversight of a regulating authority are doing so at their own risk.

Web Trading Platform

As for LimeFx, I’m generally satisfied with what they offer, especially cTrader and very tight spreads available for an account with this platform. Most of the beginner’s course consists of the fundamental aspects of trading. In particular, the mechanism of functioning of the Forex currency market is being studied. The trading instruments offered by the broker are examined in detail. It is demonstrated how you can earn money with their help. The only thing I can recommend about FX Pro is their demo accounts which do not expire & you can open as many as you want for as long as you want.

LimeFx offers a variety of payment methods, including bank transfers, credit/debit cards, and e-wallets. You can choose the payment method that best suits your needs and preferences. A world-class broker should have great customer service, or as LimeFx calls it, “a five‑star customer service”. It is near impossible to find fault with LimeFx’s 24/5 customer support, as it ticks all the boxes regardless of whether we’re talking about their phone, live chat, or email service. Aside from the different trading platforms, these two accounts are identical and choosing between them is just a matter of what platform you fancy more.

The organization successfully works with retail and institutional clients. Regional offices were opened in Cyprus and Great Britain. LimeFx has been providing services since 2006, and a year later, the first license was obtained from the CySec Commission. Three more years later, the company was successfully licensed by the British auditor FCA. In 2015, another certificate of quality and reliability was received, this time from the FSB regulator. If you try to close a wining trade, the platform may freeze or show a dialogue window saying “Invalid”.

Recommended broker

Many traders are naive enough to believe that European regulators will help them avoid being tricked by a broker. No regulator will consider a case without international affairs attorney. And this opinion is shared even by members of the arbitrage commission of KROUFR. They are far from ideal, but even they have no confidence in the regulators FCA or CySec. Changed exchange rates, slippage, no communication during data output – this is a small part of the problems that clients of LimeFx broker have to face.

I also enjoy their charts which are very helpful in my trades. But it deserves to be rated as the best of what I have tried. I observe very minimal slippage, fast withdrawals, and good customer service for the past few months of trading with them.

Tried to compare but it’s quite difficult. Fast processing is a calling card of the company. Verification of the account was smooth and fast, as well as deposit of funds. They have been in the market forever, literally have thousands of traders, and they run the place like professionally.

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