LimeFx Review 2023 Pros and Cons Uncovered

Tradersunion.com needs to review the security of your connection before proceeding. Whatever kind of trader you are, you can be confident that LimeFx is a safe way to make foreign exchange trades. That’s because ForexTime FXT is registered in countries with strict deposit protection schemes and has built up a solid reputation since opening for business in 2011. Meanwhile, more advanced users will be able to use the ForexTime LimeFx Pivot Points Strategy to enhance their trading style. This LimeFx tool enables you to perform five-point calculations to decide what position to take on a range of financial instruments. The ForexLimeFx platform is full of handy features to help you manage trades.

A demo account is available at LimeFx, and I did not find a time restriction. Therefore, it is ideal for testing strategies and expert advisors. Forex demo account is available for MT4 and MT5 and allows traders to select the demo account balance and leverage. While no demo account can simulate live trading conditions, the options available at LimeFx come as close as possible to doing so. LimeFx maintains 63 currency pairs, 0 cryptocurrency pairs, 8 commodities, 16 index CFDs, 1,266 equity CFDs, 452 US-listed stocks, five stock baskets, and six FX indices.

LimeFx Mobile App

You can use a lot of educational tools, including a demo account and live webinars. It also charges an inactivity fee and in most cases, a withdrawal fee. The product portfolio is limited, as it lacks some asset classes like ETFs, bonds, mutual funds, etc. BrokerChooser gave LimeFx a 4.3/5 rating based on analyzing 500+ criteria and testing via opening a live account.

No matter how good you are in trading, you will lose all your money. I opened the account and had my ID and address verified. After that I tried to deposit $100 but then they asked me for my employment information, which was never mentioned when opening account or on their website.

Please be informed that Exinity Limited is an international online Forex trading broker. Using our platform you can trade Forex , Spot Metals (Gold & Silver), Stock CFDs, Spot Commodities, Spot Indices, and real US Stocks. In our company, there is no practice of paying an additional commission to a broker in order to give you the opportunity to withdraw your profit.

We will run a detailed check and we are ready to provide a public answer. The situation that you described is completely excluded. This practice is contrary to both the norms and corporate ethics of our Company. We have never intervened or interfered with Clients’ trading. Please be informed that spread offered on our accounts is floating and depends on the trading account type, as well as on the market conditions. Prices of different instruments are quoted from various liquidity providers.

Then a few minutes after, I got a message through from asking me to fund my wallet $500 for the commission fee. Then after they recieve the amount, again a message sent to me through email to fund again $500 for conversion fee. After the money was sent, Ms. Robert Margaret told me to wait for the company is processing my profit to my wallet.

From news flow to technical analysis-based trading ideas, LimeFx offers a lot of research tools. On the negative side, fundamental https://limefx.group/ data is not available. Please note that Clients’ financial results do not in any way affect the profits of the Company.

Customer service

All clients can also deposit via cryptocurrencies, Dusupay, Alfa-Click, Dixipay, WebMoney, Yandex.Money, QIWI, Perfectmoney, Bitcoin via Skrill, Bitcoin, or Konnexone. Finally, there is the option of a bank wire transfer. Many traders appreciate the ability to engage in both stock trading and stock CFD trading with ForexTime. ForexTime LimeFx isn’t the only trading app out there. For first-time users looking for an app more tailored toward improving their trading skills, Stock Trainer is an alternative option worth considering.

I have sent the bank statement of last month and many other official documents but they kept asking me the same documents. Since September 23, I could have used my money for something else. I won’t recommend anyone to use LimeFx, you gonna end up digging your pit and falling in it real hard using this LimeFx. Our 2023 LimeFx review has rated them the best forex education broker.

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• And if you need any assistance in the future, our team is always available to help you through our Live Chat portals.
• I am a certified Trader now I have been trading with many brokers for last 10 years.
• I want to point out that only verified trading accounts may request a withdrawal and that LimeFx enforces a withdrawal hierarchy.
• LimeFx has a good live chat.We got clear answers even for more difficult questions, like how financing costs are calculated.
• The deposit is always available but when withdrawal it is subject for review.

Demo accounts are also available if you wish to trial LimeFx before opening a real account and depositing funds. ECN accounts are designed for forex experts and don’t have a maximum number of orders or volume of lots in an order. Trading with an ECN account results in a better rate thanks to a reduced average percentage in point values but requires a higher minimum deposit amount.

LimeFx Alternative Brokers & Comparisons

It also includes advanced analysis tools, real-time quotes in MarketWatch, and reliable data protection. In terms of MetaTrader 5, clients get access to Level II data and all execution modes. They also get an extensive range of order types and trading signals with MQL5. But ForexTime LimeFx isn’t just good for professionals. There’s a lot to offer here for casual and first-time traders thanks to a large backlog of trading guides and a fully-featured mobile app that lets you modify your positions on the go. Newcomers to foreign exchange trading will appreciate ForexTime’s vast library of educational resources.

LimeFx launched in 2011 with the goal of providing retail traders with industry leading trading conditions alongside an abundance of educational material and trading tools. LimeFx is regulated in a number of jurisdictions and supports the MetaTrader 4 and 5 (MT4&5) trading platforms and their mobile apps. In addition to forex, you can trade spot gold and silver, as well as CFDs on cryptocurrencies, indices, commodities and over 300 of the largest cap U.S. stocks. LimeFx also provides educational webinars and seminars for less-experienced traders.

I have proves both videos and photo images which are readily available for your further reference. We are kindly asking, please send your MyLimeFx account number to our email address We will check this information and promptly reply. 3) Our withdrawal system is working perfectly fine and on a daily basis, withdrawals are being processed and sent for our 4 million+ clients. Thank you for your wonderful comments and it’s great to hear that you are enjoying your trading experience with LimeFx. We always do our best to provide new features to enhance your trading experience with us.

This virtual trading app provides the ideal environment in which to learn more about how foreign exchange markets operate. After that, you can finish the account-opening process in your browser or on a mobile device by installing the LimeFx Trader app. In total, there are five steps to complete before you can begin trading. You’ll need to add personal and tax information to your profile, upload photos of some ID and, finally, make a deposit.

ForexTime Market Analysis

Some fees may be charged when using certain payment methods. Bank transfers may take a few business days to clear. Accounts can be opened in EUR, GBP, USD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. It would be better if they could add support for some more currencies, especially considering they have a global clientele. Keep in mind that there is a small inactivity fee of $5 if your account has no trading activity for 6 months.

But when i submitted those document my withdraw still pending until fed-up of waiting. They take your money on your deposit day your account will look real. They will make you lose but in real you already lost your money on the day when you deposit your money. After sometime they will mail you for closing of your account.

If there is a rating less than zero, I’ll give them that over and over again. If you want to try them out after reading my post, good luck to you, cus you’ll be needing it. I got same issue, they said they will not accept on third party deposit but when i deposited thru it the company accepted it and my mt4 account appeared on that amount. It supposed rejected and no deduction from my bank account or the company shall return it back to my bank account. The hard story is when i wanna withdraw the money that i deposited, they asking a lot of question and documentation such bank statement.

The LimeFx Cent account is a commission-free account where 1.0 lot equals 0.01 standard lots or 1,000 currency units. The minimum transaction volume is 0.01 cent lots limefx review or ten currency units, and the minimum deposit is $10 or a currency equivalent. The minimum deposit at LimeFx for the Micro Account is $50 or a currency equivalent.

Out of all the accounts LimeFx offer, this would most likely be the preferred choice for professional traders, institutional traders and hedge fund managers. The professional account does require a minimum account balance of $25,000 is maintained to qualify. This account is similar to the ECN zero account but spreads start from limefx company reviews just 0.1 pips and there is a small commission charge of $2 per lot. Spreads are usually tighter and execution speeds superior on an ECN account. There are 3 standard account types and 3 Electronic Communication Network account types. MT4 is available on all accounts whilst you will need an ECN account if you wish to use MT5.