9 December, 2020

LimeFX Review 2023 Forex trading and managed accounts

LimeFX international review

It’s astounding how they operate, luring unsuspecting individuals with enticing offers and promises. Don’t settle for some shady tax haven or an offshore island with a wild west mentality. Look for a provider with a solid track record, a strong presence in the industry, and a commitment to client satisfaction. Don’t allow these scam artists to tarnish your financial well-being and erode your trust. Make an informed decision and opt for a company that has earned its reputation through integrity and responsible practices. New LimeFX International investors can benefit from Copy Trading on the platform.

The broker offers leverage but the ceiling on that depends on your account and the type of pair you are trading. LimeFX CopyTrade allows you to copy the trading positions of experienced traders, known as Strategy Managers. Once you decide whom to follow, your account will automatically copy their trades – with no action required on your part. The LimeFX brand limefx website boasts over two million clients thanks to the reputation it has built over the past two decades. At LimeFX International, part of our mission is to keep that standard of excellence high. We provide a forex trading environment that is trustworthy, reliable and technologically advanced, while ensuring every client receives impeccable customer service.

Trading offers: Review of the conditions for traders

66-84% of retail investor accounts lose money when trading CFDs with the providers presented on this site. The information and videos are not investment recommendations and serve to clarify the market mechanisms. To deposit money into the trading account, LimeFX offers different payment options. In addition to the classic credit card and bank transfer, fast payments are also possible via the digital payment system Neteller and Skrill. These offer the advantage that the deposited amount is immediately available on the trading account. The opening of an LimeFX trading account takes place in several steps.

LimeFX international review

LimeFX is a member of the Financial Services Commission (FSC) and offers coverage of up to €20,000 for disputes. It is also subject to oversight and regulation by some of the world’s most respected organizations. The app is connected to the MT4 and MT5 trading platforms, and only one account is required to log in. https://limefx.group/ This allows traders to manage and monitor their trading portfolios anytime and anywhere. LimeFX offers several deposit methods and different payment options to make deposits. Other than the standard bank transfer and credit cards, deposits can also be made via digital payment systems like Skrill and Neteller.

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Platform Info

The secure LimeFX back office handles all financial transactions for verified clients. I like how it takes a look at some selected instruments and their price action history while also making future predictions. The primary difference I found is that the newer MT5 has more features just like the desktop version. The apps are developed for iOS and Android devices and can be downloaded from the respective app stores.

  • Unfortunately, LimeFX International does not accept clients at the moment.
  • Funds are segregated and paid out in the event that the Commission member does not observe the Commission’s judgement following a dispute resolution.
  • The broker offers a high-quality STP/ECN trading experience, with accounts to suit all types of traders.
  • Don’t allow these scam artists to tarnish your financial well-being and erode your trust.
  • 💳 If the balance of an LimeFX Pro account drops below the required amount, the spread offering may revert back to retail pricing until the account is topped up.

As much as the tools listed above will be of great benefit to you on a fundamental level, LimeFX also provides specialized tools for those who need help from a technical analysis perspective. The company is regulated by the Financial Commission in category A which includes € 20,000 coverage for complaints. It is an independent authority which is regulating and testing brokers.

Markets and Territories

We do not provide financial advice, offer or make solicitation of any investments. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. The chatting communication channels are Viber, Telegram, Facebook chat, UK chat, and instant web chat. You can also reach them through their social media platforms which include Facebook, Twitter, YouTube, and Instagram.

It is also worth noting that not all the accounts support all the products. Potential clients would be recommended to consider what markets they trade and base account selection from that starting position. The format they have developed and run for over 20 years is proving successful. Instead, it offers a particular area of the trading community a service which offers just what they want and nothing that they don’t.

NewsFor Beginners: What is a Forex PAMM account?

👉 When deciding which platform to use, it’s helpful to consider your level of trading expertise. While MetaTrader 5 is more advanced than the older version, MetaTrader 4 simpler format is more suited to first-time traders. 👉 LimeFX offers the latest version of MetaTrader 5, which comes with MQL5 trading signals, 21 timeframes, 38 technical indicators, 4 execution modes, and thorough Netting, hedging, and market depth. 👉 As such, the pro account is perfect for professional traders, institutional traders, and hedge fund managers. 👉 To date, 94% of LimeFX’s funds have been processed in less than five minutes, and the company has given client approval in 26 minutes.

Charting and Tools

He has several years experience in the forex trading business and has started to trade in Bitcoin and other crypto markets too. BlackBull Markets is a reliable and well-respected trading platform that provides its customers with high-quality access to a wide range of asset groups. The broker is headquartered in New Zealand which explains why it has flown under the radar for a few years but it is a great broker that is now building a global following. The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners. The firm has been operating for over 20 years and continues to innovate and pick up new clients and industry awards. The total number of accounts on the platform now totals in excess of 2 million, demonstrating that the package will be just what at a lot of traders are looking for.

The minimum deposit on the site is $/€/£ 5, and the Forex Broker does not offer a regular bonus. It does, however, benefit from very tight spreads, which rise in limefx website the 0.4 pips for the EUR/USD. The assets available on the portal include around fifty currency pairs, stock market indices, as well as commodities, and metals.

The LimeFX exchange is also partnered with the Financial Services Commission (FSC), an independent, international body that offers EDR or external dispute resolution for the Forex brokers. The FSC or Financial Services Commission in Mauritius offers regulatory supervision of the Exinity Group Ltd., the parent company of the LimeFX International cryptocurrency trading exchange. It received its license back in 2013 and has been able to maintain a clean regulatory status since then. Being a member of the Financial Services Commission (FSC), all external disputes are resolved by the system. LimeFX brokers are regulated under category A that includes coverage of €20,000 for complaints.

FxWirePro is a renowned financial analysis and research firm that provides you with frequently updated market news, expert analysis, and trading tools. This focused customer approach sees LimeFX put their clients at the heart of everything it does. Yes, the millions of clients across 150 countries served by LimeFX and a long-standing history of being successful, makes this forex broker a very safe and secure trading option. 🔍 That said, the company’s educational tools provide a pretty comprehensive breakdown of the most important information a trader needs to understand the Forex market. ☎ In terms of customer support, LimeFX International provides a list of FAQs with a direct option to submit a query if your questions aren’t present on the list.

LimeFX accepts clients resident in most countries except the USA, Japan, Canada, Australia, the Democratic Republic of Korea, the European Union, the United Kingdom, Iran, Syria, Sudan and Cuba. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. Unfortunately, LimeFX International does not accept clients at the moment. The Strategy Managers earn through commissions paid by their copiers.