LimeFX Reviews: Read Before Trade With LimeFX

It means that no matter what goes wrong, you can be sure that your funds are kept safe. Another great practice that this broker follows is negative balance protection. This is especially important for those who want to trade with high leverage.

With this, Forex investor can create an authentic trading account and jump-start their foreign investment ventures. When clients deposit their trading accounts, the commission is always 0%. The clients can choose one of the most popular trading platforms in the industry and install it on their PCs or mobile devices. I rank LimeFX as one of the best brokers operational today, where the trade execution remains superb.

What is LimeFX?

In this instance, they will automatically put the account balance to zero without the client needing to pay anything for this service. Client funds are held separate from the company funds in segregated account to ensure that they are safe and not used for any other purpose such as the companies running costs. Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders.

Trading instruments range from Currencies to Metals, Indices, Energies, Stocks, ETFs, and Cryptocurrencies. Established in 2009, LimeFX LTD is a member of RoboMarkets/LimeFX Group which includes RoboMarkets LTD and RoboMarkets LLC. The group experienced an extraordinary growth rate, as seen in 1,000,000 clients who entrusted their funds to LimeFX. It doesn’t stop there, the broker adds a layer of protection in the form of LimeFX category A membership with The Financial Commission operating outside Hong Kong. Clients will be protected by the Compensation Fund which secures deposits up to a maximum of €20,000.

Overnight Fees ☀

I can easily login to my VPS or check the progress of trades from my phone using the MT4 app. LimeFX offers a useful range of trading tools to help traders make better trading decisions. CTrader is one of the most beginner-friendly third-party trading platforms available. It has a modern interface, integrated educational content, and innovative risk-management features.

• LimeFX offers unlimited demo accounts for MT4, MT5, cTrader, and its proprietary trading platform.
• In partnership with Claws and Horns, a respected market news aggregator and publisher, LimeFX provides a constant stream of news that impacts the markets.
• CFDs on US stocks are charged a commission of 0.02 USD per share, while for CFDs on EU stocks, the commission is 0.07%.
• This account is best suited to more experienced traders looking for more access to a wider financial market.

As for LimeFX, the first ones to appear in the list of reviews are the negative ones, which are rather long and contain detailed information and digits. During its almost ten-year successful history, the broker has significantly expanded the number of terminals. They can be divided into trading and investment terminals, which include a set of algorithmic tools, i.e. capable of creating automated trading systems without having to learn programming languages.

What can you trade with LimeFX?

At this forex broker, the trading fees for withdrawals are between 0.5% to 2.8%. On LimeFX, the payment methods available to forex investors have a minimum compensation cost. The minimum conformity for deposits is 10 EUR USD for standard accounts. The local bank transfer payment method enables you to make fund transfers in the local currency directly from your bank account to your LimeFX Account. Main advantages include payments in a local currency, low fees, quick execution, high degree of security. One of the key features of LimeFX is its variety of account types.

This account can also be used by experienced traders to test out different types of strategies and even come up with their own trading tactics. Established 12 years ago, LimeFX has earned a reputation as a trustworthy and safe Forex broker. The Forex broker offers traders access to eight different asset classes, which limefx scam include Forex, Stocks, Indices, ETFs, Soft Commodities, Energies, Metals, and cryptocurrencies. Because of such a wide range of selections, the broker has something for every type of trader. No matter what you want to trade, you can find it among the 12,000 trading instruments available for traders at LimeFX.

Is LimeFX safe?

We may receive compensation when you click on links to products we review. After reviewing LimeFX and its services, we were able to find out that this Forex broker is a reliable and safe company. Thanks to https://limefx.club/ the regulatory frameworks that LimeFX follows, it is able to offer clients a safe environment. Thanks to the trading platforms offered by the broker, you can trade Forex with both iOS and Android devices.

In reality, these brokerage platforms are created on fake software that is not connected to real forex exchanges. The banking section at LimeFX is smooth, reliable, trustworthy, and truly comprehensive when you look at the phenomenal line-up of payment methods for both deposits and withdrawals. In addition, the company is a registered legal investment firm in 30 different European countries and also received a special IFSC Belize brokerage license. The financial trading company also implements negative balance protection where all client funds are kept safe in segregated accounts by using Tier-1 banks. LimeFX is also a member of the Commission’s Compensation Fund, providing insurance coverage for each and every client. Demo accounts are available to test the different trading platforms and conditions before opening a real account.

Terms of trading with LimeFX

The commission for trading indices is variable and subject to changes based on market conditions. I opened an account with LimeFX almost two months ago and deposited more than 6k and I had no issue until a suspicious activity happened in my trading account that costed me more than $3600. I did one trade that day and when I opened my trading account a few hours later I found $400 and one open trade. I asked the customer support to close the trade and let them know about what happened.