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LimeFX Reviews and Comments written by Real Forex Traders

For starters, the higher the level of your account, the better the PIP spread you get. With gold and VIP, you also get access to monthly and weekly account overviews, respectively. While it’s by no means the smallest broker in the world, it is sizable enough to be considered a mainstream alternative, while still being able to provide tier-one services. While most people gravitate towards the big-wig market-leading brokers, there remains a group of people that prefer to look for better and cheaper alternatives.

Our gain is to train a new generation of well-informed traders, that understand the day-to-day challenges of the online CFDs trading world, and know how to properly handle the right tools to overcome them. 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 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.

Beginners are given extra attention, with resources that teach them the basics, like how to use the trading software, risk management, and technical analysis. It is important to note that several benefits aren’t open to all account types, such as VIP webinars and dedicated senior account managers. As a reputable CFD and forex broker, LimeFX provides access to 160+ trading instruments based on forex, indices, commodities, shares, and cryptocurrencies. FX trading has become attractive once again in 2020, given its elevated volatility. With the benefits offered by this brand, both beginner and advanced traders can take advantage of the price movements.

LimeFX broker reviews

Trading crypto with this provider is safe, transparent, and can be performed using a multitude of tools, some of them integrated into the trading platforms available. We conclude that LimeFX is a leading trading brand, relying on a solid reputation. Hi everyone who have been cheated and manipulated by LimeFX account managers and have lost their hard earned money. I am one of the sufferer who has been misguided & scammed by LimeFX.

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There could still be unannounced fees for users to pay. Fill out the form below and get a FREE consultation today. It also comes with a great training library, further cementing its place as a great option for beginner traders.

  • I worry a lot each time I intend to join a new broker.
  • The broker has a strong social media presence, with accounts on Facebook, Twitter, Instagram, and YouTube.
  • While there are other worthwhile competitors to LimeFX, most notably ETFinance and CPL One, it remains a very competitive option for beginner traders, regardless.
  • The advice i always receive is so efficient so that my orders are always money making.

If we all join hands together, we can jointly file a complaint against them with the South African Authority and request the authority for cancellation of their license and claim our money. The group that has started this platform is a scam too. They are cheaters and they should not be allowed to get away from this. Please join me in my attempt to file a petition against them for cheating and manipulating people like us and robbing us of our hard earned money. The LimeFX forex trading conditions include negative balance protection, margin trading , flexible spreads, and the ability to trade micro-lots. The stop out level is 50% for retail traders and 20% for professionals.

Account types

The courses that the site offers include the likes of trend signal strategy, tunnel strategy, fractal strategy, fishing strip strategy, and more. The customer care team seems to know their stuff, too. In my limited interaction with them, I was able to get quick answers to my questions, and any problems were resolved almost immediately. In order to start trading with LimeFX, you have to deposit at least 250 USD .

Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information.

The correct way for new investors to research their online broker to determine if the broker is a legit company, or a scam broker, is by verifying a valid government license. When you see that your broker has a license, and you have verified it with the government regulator, you know they are a legal broker. 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.

The growing interest in commodity trading witnessed in 2021 is attributed to rising hopes for inflation later on this year. No, spreads improve as users put down the higher deposits needed for higher accounts. The basic accounts feature spreads that are highly uncompetitive.

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I have been trading for so long that all brokers are the same for me. Buyers will shortly see that this Forex Broker affords an online primarily based desktop buying and selling platform, together with cellular apps. If you’re on the lookout for an MT5 Forex Broker, look right here.

  • They are some agencies which promise to help scammed people but all of them want upfront fee-money first.
  • We would really like to hear more about your experience so that we can make sure we’re on the same page and figure out next steps.
  • Companies can ask for reviews via automatic invitations.
  • LimeFX is a brokerage company offering trading services for clients since 2019 with offices in Cyprus.
  • The platform includes all account management features, including setting up demo accounts and the account verification process.

Increased volatility in the financial markets has created proper conditions for those trading with reliable providers such as LimeFX. For the time being, the LimeFX CFD coverage includes tens of currency pairs, popular stocks, stock market indices, commodities, and several large cryptocurrencies. A diversified instrument list is necessary when financial markets are not performing evenly across a given time frame. The broker wants limefx customers to have enough choices at their disposal, finding the right assets based on their trading strategy, schedule, and personal goals. Gold and VIP account holders can benefit from the popular technical analysis tool Trading Central, as well as from VIP webinars, dedicated account managers, and full account overviews. Trading with LimeFX means access to 4 different account types for both retail and professional customers.

withdrawal for my initial deposit

This is exactly what is happening to me now, keep calling me over and over again. And yet i received email from them saying that the money has been transfer to my account. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

One of the main advantages of dealing is the smooth and fast withdrawal process, which is better than expected. The platform runs smoothly and stably, and has competitive advantages.Good transparency conditions and order execution. I got a personal accaunt manager that helped me a lot ! LimeFX – int is a legit & usful platform to trade in any asset you want, very clear & easy to use . I was looking to make big money on little LimeFX & found out that is the perfect place for that . This means so much to us, as we strive to provide excellent support to our clients.

The company does not offer trading services to clients residing in the Netherlands, and other jurisdictions such as the USA and Canada. Other major restricted jurisdictions are the USA, Canada, and Japan. Most of the people who invest in forex and CFDs online are daring and ambitious. They want to try their stuff and see what they can achieve. This drives them to take risks, often when they shouldn’t. Many of these investors find that they can’t withdraw their funds after having invested with a suspicious online broker.

We would be happy to assist you with anything you might need. They gave bad LimeFX advise at the beginning, not fully explaining the bank would be taking money from your account daily for every trade that you didn’t sell. After a while they kept phoning me trying to convince me to invest more money, even though I made it clear I was not going to increase the amount. While I was slowly investing, making small amounts, losing small amounts, they left me alone, but one day my password wouldn’t work and they sent an email to reset it, but the email didn’t link to anything. After that, I could no longer access my account and no-one would respond to my multiple email.

When Ihsancan instruct me to buy more trades to the point he want me to deposit another $1000, to save my money. So i was not sure about adding more profit when i did not earn from my first profit. Instead of sending another profit, i decided to withdraw my $200 but surprisingly Ihsancan begged me to do one more trades to the point ived lost everything.

Most likely, they have one regulated entity and some sort of international or an offshore entity they use for scamming clients. For example, in the case of an LimeFX broker, this entity is in South Africa. The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided https://limefx.name/ by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.

Does LimeFX offer the MetaTrader Trading Platform?

The charting tools included with LimeFX’s platform are from TradingView, a company that provides real-time price information for various broker developed platforms. 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. Our LimeFX review showed us the breadth of this selection, with a healthy gathering of forex pairs and CFDs on standard fare like commodities, stocks, indices, and cryptocurrencies. 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.

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