LimeFx Forex Broker, LimeFx Review, LimeFx Information

TheMoon Tailor

The broker dude that I got said he was 40-something and experienced, he would call me on a daily basis and would provide information and orientation. He kept going on about having 200k investors and how I was wasting his time when I complained about a little communication problem we had. Anywho I lost all my capital when he advised me to open 7 moves on a Thursday. I told him the numbers were waaaay too big and red and that maybe I should close some and take the loss but he advised me against this because the market would “reverse”.

LimeFx forex broker

The reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts. LimeFx does offer its own research, or at the very least it attempts to do so; the same applies to its academy center where new traders are invited to “Start Learn” if they have access to it. Given the conflicting statements of what account or what type of traders have access to it, it remains unclear. At the bare minimum, the educational content should be provided to everyone interested in it. Indices offer broad diversification and hedging tools and traders have access to a decent number of major global indices, suitable for retail traders.

LimeFx Review

Also, Ask awarded Global.LimeFx its Best Crypto Broker award in 2019. Furthermore, the broker supports the popular MetaTrader 4 platform, which has won many awards over the years for its sophistication and numerous great features. Clients of Global.LimeFx should expect to pay away the dealing spread on a transaction whenever they enter and exit a position. This is a standard business practice you can expect to find when trading through virtually any online broker. When it comes to cryptocurrencies, Global.LimeFx has an excellent selection of 33 pairs you can trade using CFDs. You can perform fiat currency into cryptocurrency conversions and trade digital currencies using a leverage ratio of 2 to 1.

LimeFx forex broker

On the “Account Types” page, a VPS service is listed, but LimeFx doesn’t provide details about it or even mentions it anywhere on their website. LimeFx offers the MT4 trading platform, an out-of-the-box solution that lacks the required upgrades to improve the trading environment for its clients. This starkly contradicts with the previous claim by this broker that its customers are their most valuable asset. The MT4 trading platform is available as a downloadable version, a web version, and a mobile version; this is the standard package of a license to offer the platform.

Is Global LimeFx a safe broker?

Established in 2007 by experienced fund managers, Axiory is a well-established and reputable online trading broker which offers the trade of Forex and CFD financial instruments. Circle Markets offers its trading solutions to numerous traders all over the world. Traders have access to a great variety of financial instruments from Forex, commodities, shares, indices, and several more. Fibogroup offers the trade in Forex and CFDs by providing its traders with competitive trading conditions and comprehensive trading solutions. No stock broker comparison review is complete without a quick look at where the company is ahead of its peers and competitors, and a good general indication of this is the awards it has won. As a relatively young brokerage, it is unsurprising that Global LimeFx has not yet had the time and opportunity to win awards from the trade press.

The broker does, however, offer an exceptional range of cryptocurrency CFD trading opportunities that it has been lauded for by numerous reviewers. Provides its clients with three standard contact options on its website that you can use to make general enquiries and obtain technical support when you have an issue. These options include a toll-free telephone number or a phone number you can call from abroad, an email address and a snail mail address. All of the accounts let you deal in minimum lot sizes of 0.01 of a standard lot.

LimeFx forex broker

Finally, all clients with Platinum and Gold memberships have a dedicated account manager to assist them with any issues regarding their accounts. Operating on a global level, the broker provides continuous access to enable clients to trade from anywhere in the world on international exchanges. Stocks in companies across the US, Europe and the rest of the world are tradable, either as single stocks or via indices. Indices available include the FTSE 100, S&P 500, Wilshire 5000, DOW 30, NASDAQ 100 and Hong Kong 50. Global LimeFx provides a brokerage department that runs the dealing room, actively monitoring markets throughout the trading day to provide information on every event that may affect the day’s trades.

Deposits & Withdrawals

It has, however, made sure to offer the award-winning MetaTrader 4 platform. The MT4 platform is well known and highly respected by traders worldwide, and has won numerous awards in the past, including limefx forex brokers reviews the Best Multi Asset Trading Platform at the Finance Magnate London Summit Awards in 2016. The broker has also received positive reviews from both independent broker review sites and in customer polls.

  • Skilling offers more than 800 financial instruments which can be traded through Skilling Trader as well as cTrader.
  • LimeFx has a professional customer support team who are available Monday through Friday from 0100 hrs to 1400 hrs GMT.
  • If you are looking to invest easily, securely and with a regulated broker LimeFx will be your solution.
  • FXPIG makes adequate provision for PAMM accounts along with providing prompt and dedicated customer support.

You will then receive the confirmation message and a request to prove your current address. Once the registration is approved, the trading account will be activated and you will be able to start trading Forex once you deposit funds. The support center is also wide, including eBooks, videos on demand, training courses, tutorials, and informative articles, together with daily news alerts for all account classes.

Research is provided in-house, but from the very start, the lack of professionalism and attention to detail is evident. Attempts have been committed to structuring the research division which represents a worthy idea, but unfortunately, the execution is awful. You can now invest in ETFs through Deriv X and Deriv MT5 Deriv X and Deriv MT5 now offer CFDs on ETFs. LimeFx Global is regulated by Belize International Financial Services Commission , and the brand will soon be replaced by 2invest.

A lot of accounts and assets

The most beneficial feature of MT4 remains the intensive support of automated trading solutions, but the superior ones come at a price. The library is expanded with free EA’s and other tools, but traders should be extremely cautious. Back-testing is equally available which can help traders forge their strategy, but this all falls on the trader. You must understand that Forex trading, while potentially profitable, can make you lose your money. CFDs are leveraged products and as such loses may be more than the initial invested capital.

Brokers By Licenses

LimeFx offers over 150 trading instruments clustered under the following categories; forex, indices, commodities, and stocks. There are 49 FX pairs including major pairs, minor pairs, and exotic pairs, 17 indices, 17 commodities, and 81 shares for UK and US companies. Skilling is a Cyprus-based online trading broker which is Scandinavian-owned and provides comprehensive trading solutions. Skilling tries to simplify trading and to make it more accessible to an array of individuals who wish to start trading. The way the Scam Broker Investigator reviews a broker to see if they are a scam or legit, is by checking for a valid brokers license.

So you can be sure that your funds will not be affected by any financial problems affecting the broker. In the LimeFx platforms you will find different tools that will help you to know the trading trends. They are highly praised in customer reviews for the clarity of their charts and indicators. They comply with the Islamic law, which does not generate interest or commissions during the night, so they are approved by the clients, according to their opinions.

All deposits made to the trading platform are processed instantly but sometimes it may take up to 24 hours for the funds to be reflected in your LimeFx account. After the confirmation, you have to wait for additional 5 to 7 business days for the funds to reflect in your bank account. However, you can expedite the withdrawal processing time by verifying your account in accordance with the company’s guidelines as soon as possible. Most of the brokers on this list offer trading conditions suited for both retail and institutional traders while some may only cater to institutional clients. When using TopFX to facilitate the trade of such instruments, traders can make great use of advanced, user-friendly, and dynamic trading platforms such as MetaTrader 4 and cTrader.

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. This may impact how, where and which companies / services we review and write about. Our team of limefx courses scam experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

CTrader promotes transparency which provides traders with great opportunities for profits. In addition, cTrader is one of the safest trading platforms to use when executing trades. The presentation of the MT4 trading platform constitutes another critical failure that sums up what LimeFx has presented consistently. Given the number of red flags, conflicting statements about trading conditions, and many broken parts of the company’s website traders are better served elsewhere. There are too many things wrong at LimeFx which makes this broker a hard pass.