LimeFx review: Is it a legit or scam forex broker?

I have no idea about how traders like to be treated, but I feel quite upset, disappointed and dissatisfied FIBO is the only responsible. Leverage brings vast capabilities and the possibility of higher gains, in case you use tools smartly and do not involve yourself in high risks. International Financial Holding LimeFx is one of the oldest players in internet trading, with its history dating back to 1998. From its inception, the broker always adheres to the principles of transparent activities, with the protection of the interests and strict compliance to observe laws.

  • All data available on ForexComplains.com should only be used for general information and not as an offer to invest in any asset.
  • The trading platforms applicable to LimeFx are MT4, MT5 and cTrader on PC, Mac, iOS, Android, and Windows.
  • It is always nice when a broker caters towards clients of different religious beliefs but this is something that I would expect from most brokers nowadays.
  • The foreign exchange market, also known as FX or forex, is the most liquid market in the world.

With a live trading account, traders deposit and trade with real money at actual profits and losses. A Demo account allows traders to trade in a simulated, risk free trading environment with virtual money, at no profits or losses. It is important for potential traders to do thorough research before deciding limefx reviews on which broker to trade with. The broker also has a range of videos for beginners, as well as Webinars and events. While the first account offers competitive variable spreads from 0 pips you will need to pay a commission per transaction, making it a great account type for various trading techniques.

Deposit and Withdrawal

The average order execution speed is less than one millisecond. Surprisingly, LimeFx does not require a minimum deposit for traders to open a live account, which sounds quite reasonable for most regular traders to get started. Most brokers would, in most cases, need traders to fund their accounts around $100 to open a Standard account. The broker invites you to take part in video courses where experienced traders teach you the basics of forex trading, terminology and trading instruments of forex market.

Support can be found via Live Chat, social media, email and telephone, 24 hours, 5 days a week. The regulating bodies ensure safe trading conditions such as segregated customer funds and the best trading practices. The foreign exchange market, also known as FX or forex, is the most liquid market in the world.

Markets

The statistics are based on real market data aggregated from clients’ accounts. The open positions show the market sentiment of LimeFx traders which can be used as part of a contrarian trading strategy. I think this is great information to have readily available and can be a good way to try and determine which way the market may be heading. I actually feel that all brokers should make limefx forex brokers reviews this information readily available, so it is good to see LimeFx stand out in this respect. There are plenty of account funding options for everyone to get access to quick and easy methods for making deposits and withdrawals with minimal fuss. I especially like the digital wallet options I find this is the most convenient way for me to move funds around between my trading accounts.

LimeFx scam

Trading transactions in financial markets provide ample opportunities and allow well-informed and experienced investors who are ready to run a certain reasonable risk to gain a high profit. It has made the user interface of its trading programs, which are sold for hundreds of thousands of dollars in the market, freely available to the public. You don’t pay any fees to use these platforms and you only pay the difference in your transactions or the spread . A minimum of $300 is required to be eligible for this service. PAMM services are not available on the cTrader and MT5 platforms. FIBO clients have the opportunity to become either a manager or an investor.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. https://limefx.club/ LimeFx Holdings Ltd is authorized and regulated by the Cyprus Security and Exchange Commission . The CySEC regulated office operates in accordance with the Markets in Financial instruments Directive of the European Union. Needs to review the security of your connection before proceeding.

MT5 NDD

They are strictly regulated and adhere to all regulatory laws while also providing a low-risk financial experience. Its various trading platforms include MetaTrader 4 , MetaTrader 5 , and Ctrader platforms. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

There are two options with this broker – to trade with fixed spread and no commission, or with variable spread and 0.003% of the commission. What we also found fascinating is the great range of trading platforms offered by LimeFx catering needs of various traders with various purposes. Traders can enjoy the most popular trading platform suit consisting of MT4 and MT5 platforms. Also, the broker offers a way more sophisticated cTrader platform for expert traders who prefer technical trading. The trading product range includes offering to retail clients or Money Managers as well as Investor programs through PAMM service.

LimeFx scam

Also, you may see a sample of FIBO spreads below as well check out another broker BlackBull Markets. Therefore, according to the European regulation which goes in parallel with the offshore registration of LimeFx, we can conclude the broker is a safe choice to invest in. We will introduce the LimeFx broker to you in this text; Be with us to hear the complete review of this broker from us! This Forex broker , which is one of the best Forex brokers selected by TraderNova team, was registered in Cyprus in 1998. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform.

Spreads

LimeFx states that it does not charge deposit and withdrawal commissions but clients should note that the payment processors may charge a fee which will be passed to the client. Online deposits are processed immediately which is great and withdrawals are normally processed within a day. They are one of the few brokers that I have come across who support crypto funding, Hugo’s Way being another option.

My bonus/profit was $830,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $25,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. Thanks to a recovery specialist, She’s a private investigator and wealth recovery expert…Contact him via mail for more inquiries ( com), Thought someone might find this information useful. LimeFx provides traders with access to numerous FAQs that will answer several market-related questions, as well as a complete glossary to understand terms used in forex trading.

However, because the broker is regulated by the CySec and BVI FSC, there is a high chance that it is not a scam. With that being said, it still does not mean that FiboGroup is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. The LimeFx Academy offers you various trading training programs designed for both beginners and experienced market participants. It is great to see a broker provide traders with free educational content as it shows they care about them making informed decisions.

CTrader NDD Accounts has a minimum spread of 0 pips, and the commission is 0.003% of the trading volume. MT5 NDD Account has a minimum spread of 0 pips, and the commission is 0.005% of the trading amount. Online trading involves significant risk, and you may lose all of your invested capital. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only. The MT4, MT5, and cTrader platforms offer advanced charting, analytical tools, market news, and real-time quotes also push notifications. FIBOGroup offers MQL language-based MetaTrader platform MT4 and MT5.

FIBO minimum deposit requirement is $50, which allows you to access NDD No Commission account and start trading. This possibility is much more useful for many traders than other brokers. Rates, terms, products and services on third-party websites are subject to change without notice.

Please read LimeFx Reviews below and share your live trading experiences with this broker. Yet, make sure to check with the support service which payment method is available according to the entity you trade with, as well as your residence. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Claim your profile to access Trustpilot’s free business tools and connect with customers. The brokers website has a glossary of over 230 trading related terminologies and their meanings explained. The glossary can be searched so you can bring yourself up to speed with some of the most important trading terms that you will come across.

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