So yes i trust LimeFX Russia, they have given me a near perfect service in over 3 years. Withdrawals and deposits in a fast a secure method, more secure than most brokers. Hi there, we are discussing LimeFX Russia, (LimeFX-LimeFX) LimeFX UK was a franchise, it had separate regulatory and banking measures. LimeFX UK is bust as you know, but those that are still around seemed to have been more on the ball.

  • LimeFX is one of the largest forex brands across the globe with over 20 years of experience in the forex industry.
  • Point is your min starting capital should now be 5k usd/eur at least.
  • The company immediately reported the incident to NFA in accordance with the regulations.
  • All information presented on website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing.
  • The app download links can be found on the broker’s website, the Client Portal Area or in the Google PlayStore or Apple AppStore.

Fourth, we were not fined for cancellation profitable trades. After the inspection by the NFA, the claims against LimeFX US, including the claims of the clients for the payment of the allegedly earned profits were withdrawn. Nevertheless, the regulator fined the company $200,000 for violations in the process control procedure during the launch of the new trading system. The website works, you can register through it, study the company's current news, analytics, and participate in contests. The LimeFX offers all the same features, in other words, it's a twin site atpari.combut only more perfect and convenient.

Trading Features

Also, the invited trader receives a bonus of $ 1000 ALP immediately after replenishment. We will investigate your case and provide you with a detailed answer on the situation. We kindly ask you to send us your LimeFX number and the request number to We will be glad to investigate this case and provide you with a detailed response. We kindly ask you not to rush to such conclusions and accuse the Company of illegal actions.

CFDs, are leveraged products that mature when you choose to close an existing open position. By investing in CFDs, you assume a high level of risk and can result in the loss of all of your invested capital. The written material available is mainly composed of a Beginners Guide to Forex Trading. This includes an explanation of the main concepts involved in Forex trading and a glossary of the most commonly used terms.

LimeFX scam

Traders receive the payouts weekly, and there are no points, vouchers, or discounts. It remains one of the most straightforward and fair reward programs. Terms and conditions do apply, and traders must read and understand them before signing up. The broker also provides transparency power trend reviews by publishing performance statistics on its website regarding the quality of their execution speed, slippage and requotes. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This is a disadvantage for UK resdients who will likely have bank accounts denominated in GBP and who will be able to avoid paying currency conversion fees on deposits and withdrawals.

There are problems to withdrow money...

One of the most important criteria for a Forex trader is no doubt the types of trading platforms that you will be using. Through the use of direct market access, thin asset spreads and an array of trading technology, LimeFX has managed to register over 1 million clients during this time period. These clients can trade a range of FX and CFD assets with high levels of leverage.

The negative LimeFX side is regulation, there is no serious license, trading fees for some instruments might be higher, and there is no 24/7 support. The only FCA regulated PAMM like service I have seen is Darwinex. The FCA is now starting to focus on regulating the mirror trading sphere so things are likely to change a lot over the next few years.

These platforms are the most widely used third party platforms at brokers. The only thing that you will need to do in order to get access to the demo account is to submit your email address and other personal information. They will send you the demo login details to the email that you provided.

This LimeFX review dives deeper into the Pros and Cons, LimeFX features, trading platforms, account types, copy trade features,s and many more. We’ll also review LimeFX for its app, mobile trading, and platform features. From our observations, LimeFX International offers a wide range of services suitable for both beginner and advanced traders.

  • Instead, they provide alternatives to entice you not so much to open an account but to keep trading.
  • Our support team and the department that deals with complaints works promptly.
  • Both the platforms provide flexibility, simple navigation, and intuitive and modern charting tools and instruments.
  • This is a disadvantage for UK resdients who will likely have bank accounts denominated in GBP and who will be able to avoid paying currency conversion fees on deposits and withdrawals.

The minimum deposit required to open an LimeFX Account is $100 USD. Demo accounts– Demo accounts are only available for the Standard and ECN account options. Virtual funds can be topped up on request and demo accounts do not expire unless no trading takes place scammed by limefx for over 14 days, in which case it is deleted. However, traders can open a new demo account should this occur. LimeFX offers six live accounts, which is more than most other brokers, and its accounts are suitable for beginners and more experienced traders.

They cater to the beginner who wants to enter the world of investing gradually. Equally, they provide services to more serious traders with more history and experience. With a range of six accounts, there is something for every level of trading.

I felt that LimeFX wasn't a good broker and wanted to withdraw my money from their platform altogether and headed to their website to withdraw money. Shock on me when i was informed that VISA wasn't supported and that I should withdraw with Mastercard and that the form must be bank signed. I wrote to them to process and asked why they accepted deposits in visa but they insisted it was down. Now if you try deposit with VISA on LimeFX it works but you can't withdraw.

Broker Types

LimeFX has a range of funding options that will satisfy most clients in different countries. Moreover, when you are opening your account then you can choose between denominating it in USD, EUR and GLD. When it comes to trading, you will use the MT4 and MT5 mobile apps mentioned above. These are the most popular trading apps available on the market and have been downloaded over 11 million times. Moreover, the MT4 platform has its own programming language . You can use this to code your own Expert Advisors on the platform.

One of the oldest brokers on the binary options market offers traders several solutions at once, among which you can find something comfortable for yourself. The MetaTrader 4 terminal is available here - a popular platform for work that is loved by investors. This program is easy to work with, functional, for beginners and professionals.

Is this your company?

LimeFX’s catalogue of over 250 tradable products is indeed a comprehensive one. These products range from currency, stocks, precious metals, and indices to cryptocurrencies. Moreover, interestingly, when you use LimeFX, your trades will be routed directly to the interbank market via its Straight Through Processing protocol.

It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While has some data verified, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers in the term of commission. Our receipt of such compensation shall not be construed as an endorsement or recommendation by, nor shall it bias our reviews. However, LimeFX don’t have the best reputation and their regulation by financial bodies really isn’t the strongest.

To open a demo-account, please go to “Open Account — Forex, Spot Metals, CFDs” menu. Structured products include the assets of major currency pairs, stock indexes, gold, oil, etc. Quick and professional support service, ready to answer all of your questions. LimeFX’s accounts were assessed to compare the costs to those of other forex brokers. The costs were evaluated based on the trading fees on one lot on the EUR/USD, including the spreads and commission. Of course this broker also offers a free demo account, should you wish to practise your skills in the markets.

If the notional value touches $8 million, the leverage amount falls to a minimum level of 25 to 1. If traders plan on trading individual stocks and cryptocurrencies, the maximum leverage becomes less due to regulatory rules. Also, as a feature of the Nano account, you can trade in cents. Trading in such small volumes is excellent for those who want to migrate from the demo account onto the live platform.

WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. LimeFX International does not provide services to residents of the USA, Mauritius, Japan, Canada, Haiti, Suriname, the Democratic Republic of Korea, Brazil, Puerto Rico, the Occupied Area of Cyprus. The account opening process is straightforward and standard for the industry. LimeFX International maintains three commission-free accounts and one commission-based alternative.

Please note that the Company has never interfered and does not interfere with our Clients’ trading, so the situation you describe is completely out of the question. This practice contradicts both the norms and the Company’s corporate ethics. Spreads in our Company are floating and depend solely on the market situation.

It’s capped off with an introduction to the different types of charts used by traders. Overall, LimeFX’s range and depth of trading instruments are limited compared to many other brokers. However, for traders that trade in large volumes , it is better to open an account denominated in USD, especially for trading on assets such as the EUR/USD. This is because when trading a USD quoted currency pair with another currency account, there will be a small conversion fee for every trade made. Clients are required to choose their preferred trading account, trading account currency (click here for more on LimeFX’s base currencies), level of leverage, and choose a trading account password. Another cost to consider are the swap fees for holding a position open overnight.

LimeFX offers as a trading platform the most popular and known MT4 along with its advanced generation MT5. There is no matter which device to use since there are available versions for PC, Android or iOS devices that allows earning anywhere. In addition, traders within the LimeFX are able to perform account-to-account transfer in USD, EUR, and GLD currencies with no commissions. If you look on the website they are regulated in the Saint Vincent and the Grenadines, West Indies. However regulation there is not going to be anywhere as good as being SEC or FCA regulated. I have an LimeFX PAMM account for over a year and happy with the service.