How honest brokers / crypto exchanges should work and how they work, we found out. And now let’s look at how scammers act, they are also called kitchens. As well, the broker / crypto exchange opens access to analytics, auxiliary tools, trading signals. Traders will conduct all financial transactions from the secure back office of LimeFX.

• Is there anything we can do to improve your LimeFX experience?
• In order to communicate on all matters with the division of advice or technical support, you can use email by contacting after which relevant experts will provide any possible assistance.
• LimeFX come in the form of spreads and overnight swaps.

LimeFXis a popular international Forex & Crypto CFD broker, offering the tightest spreads on many assets. You will find that they are a favorite among experienced traders who use the MT4 or MT5 trading 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. Jason Donaldson is a trusted name in the financial services field, offering you the gamut of financial advisory insights under one ceiling.

Do all LimeFX’s accounts offer the same spreads?

If you’re more interested in the result than the method, though, then you get access to general chart analysis, too. Classic is exempt from the site’s educational webinars, although all accounts get access to the training library. Gold and VIP do get access to additional VIP webinars, though. The company has its own active blog with a lot more information about its services, so if you’re looking for some more coverage, you can head on over there. Thankfully, LimeFX passes this test with flying colors. The brokerage is regulated by the Financial Sector Conduct Authority of South Africa, so it has its papers in order to prove legitimacy.

The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. limefx scammers Cryptocurrency assets are unavailable to UK residents excluding registered professional traders. LimeFX come in the form of spreads and overnight swaps. There are no trading commissions charged when trading on any of the cryptocurrency CFDs covered. It is automatically charged in case there is no activity on a trading account for more than 30 days.

One thing to note is that the broker only features three cryptocurrency options for CFDs, much less than some brokers that have multiple coins available. A forex account is a trading account held by a trader with a company like LimeFX that is issued with the primary purpose of trading through its platforms. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Therefore, I had a chance to evaluate all the trading conditions here.First, the broker has many assets besides currency pairs.

On top of that, traders can request a callback and get in touch with a representative in due time. LimeFX is active on multiple social media accounts, including Facebook, Instagram, YouTube, and Twitter. Scam reports have surged over the past year, with claims of account managers asking for more deposits before honoring withdrawal requests. LimeFX INT was founded in 2019 by a highly qualified team of remarkable industry professionals and is based in South Africa. The brand has managed in a short period of time to become a leading name, trusted by traders all over the world.

Do not believe their promises, do not deposit with them, just stay away! Their account managers will use pressure tactics to get you to deposit more money with them. Just google “LimeFX scam” and you will see all the bad reviews. Please report them and share your experience so that others do not get conned by them. To make a withdrawal, traders have to verify their accounts. The charting tools included with LimeFX’s platform are from TradingView, a company that provides real-time price information for various broker developed platforms.

Unique Features

In the world of forex broker companies being honored with awards from esteemed organizations or publications, count much for the company’s reputation. Such awards are usually mentioned with pride on the company website. This relatively new broker focuses a lot of prominence on Forex education including webinars where traders get that one on one training sessions with their market analyst, as well as trading videos and ebooks. While some brokers only allow you to trade one specific thing like commodities, forex, crypto, etc.

There is a substitution of data in order to make operations unprofitable. At the same time, the trader thinks that his operations were made on the market, but in fact – just on the site of scammers. While many traders wonder whether they should invest their money in CFDs, a new broker is set on a mission to challenge their trading skills. And what if you could train for a shot to be part of the 25%? This brand is LimeFX, and it aims to become an industry leader offering professional services and helping traders have a positive approach to trading.

This comes before any account opening, deposits, or anything in between. If you don’t verify that the company is legit, you stand to lose every dime you put into the site. However, because the broker is regulated by the CySec and FSCA, there is a high chance that it is not a scam. With that being said, it still does not mean that LimeFX is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions. Forex is a high-risk trading instrument which is not suited for all traders and investors. Funding an account can be done using a credit/debit card, a wire transfer, Skrill, or Neteller.

LimeFX Research

LimeFX offers plenty of educational material – basic services with a timeless value. The $250 minimum deposit gets users a Classic account, with higher deposits netting the Silver, Gold, and VIP accounts. Better accounts offer better spreads, with only Gold and onward providing even remotely competitive spreads. The two highest tiers of accounts also feature a dedicated account manager and access to VIP educational resources such as webinars. In this LimeFX Review, we are going to take a look at the offer that this broker prepared for its traders. When it comes to trading platforms, the broker features WebTrader and MetaTrader 4.

Founded in 2019, the multi-asset broker LimeFX is owned and operated by Mount Nico Corp Ltd., a Cyprus LimeFX Firm, currently authorized and regulated by the Cyprus Securities and Exchange Commission. DailyLimeFX adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

The trading platform has three sections for CFD, Forex and Crypto Currency trading. Investors will quickly see that this broker offers a web based desktop trading platform, along with mobile apps. Withdrawals by means of certain methods may be processed within a shorter period than others. Usually, withdrawals take a few days but depending on bank services it may take several days longer for the money to be available in a customer’s bank account. It is always possible to sustain a loss of some or all of an initial LimeFX.

LimeFX caters to most international traders, including the UK, Singapore, New Zealand, and India. Like most international brokers, LimeFX does not accept traders from the US. At the time this review of LimeFX was written, no bonuses or promotions were available. LimeFX does maintain an affiliate program for traders interested in a passive revenue stream. Beginner traders should source in-depth educational content elsewhere before trading at LimeFX. Traders who achieved consistent profits reported restrictions on their accounts to prevent execution of their strategies, and I urge all traders to consider this before proceeding.

Our LimeFX Review Findings

LimeFX is a brokerage brand owned by Mount Nico Corp Ltd., specializing in providing access to a diversified list of tradable instruments, including several cryptocurrencies. The main benefit when trading with this provider comes from its regulatory compliance, since LimeFX is authorized and regulated by the Cyprus Securities and Exchange Commission . The broker relies on a team of personal assistants available from Monday to Friday via live chat, phone, and email.

Anyone trading with this broker can do so using the MetaTrader 4 platform. This is the industry standard trading platform that is used by almost every online Forex and CFD broker. You can choose from thousands of CFD Trading companies online, however https://limefx.group/ people usually invest with one of the best brokerslisted here. The same method that was used to fund an account must normally be used to withdraw money. Also, monies will usually only be refunded to accounts in the same name as the trading account.

Interactive courses teach trading strategy and technical analysis. The eBooks cover the basics of forex and CFD trading, the psychology behind trading, and CFDs on cryptocurrencies. A Forex broker like LimeFX provides traders access to one or more platforms that will allow them to buy and sell foreign currencies. Forex brokers are also known as retail or currency trading brokers.

Hi why is LimeFX website is down?

While all clients receive free support and educational resources, large account owners may also benefit from VIP webinars, dedicated account managers and trading signals via Trading Central SMS. They gave me trading advice where i did not suspect they are making way so i lose all my money. When i asked my Account Manager why they limefx website did that, he replied devilishly, ” a lot of our clients lose money at LimeFX, so dont waste my time”. Don’t ever make a deposit and make a trade with this broker because they will make loss of your hard-earned money under the guidance of their trade manager. Your money was lost after that your account will be blocked.

These charts include over 100 indicators are available in seven different chart styles. The platform includes all account management features, including setting up demo accounts and the account verification process. NicoFX is mainly comparable to LimeFX, with a few minor differences. Our LimeFX review found that NicoFX offers a lower minimum deposit but worse spreads. They don’t offer such high leverage as LimeFX does, which is good because new traders can’t put themselves at as much risk.

Orthodox traders highly recommend to wait for a rebound and enter only after this but I prefer not to wait for this. What’s more, many times I saw that there wasn’t a classical rebound but the price left with a powerful impulse. It would be much better than trying to enter the market when you already see a giant candlestick. However, over time, I persuaded that the broke is worth my trust.

I don’t need to upload any proof coz i already have my funds and that’s the only thing that’s importnt. We are sorry to see a 1-star review, and we apologise for your negative experience at LimeFX. If you’re open to discussing your experience further, please email us at -int.com. We are sorry you did not have the great experience we try to give all of our clients and we would like to know more about your experience. Is there anything we can do to improve your LimeFX experience? Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Equity traders get access to large-cap names trending on social media, suitable for most retail traders but unfit for demanding traders. I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact profitability. Our mission is to focus all our efforts and become the broker who can stand out from the crowd by offering the most ideal and comprehensive trading environment. I don’t know about you guys but i withdraw my funds fast and easy. Just follow there instruction on withdrawal and give them all the details they need in order for them to send your Money back to you. Thank you LimeFX for being attentive and accommodating.Its just that my internet conn.