limefx review: Is it a legit or scam forex broker?

The transaction of such financial instruments known as forex, fx, or currency, and dealt on a valued basis known as “spot” or “forward”, “day trading” and “option”, can contain a substantial degree of risk. Some withdrawal fees are out of the control of limefx and may be due to 3rd party payment providers and your account base currency. Traders can choose from thousands of stock CFDs in addition to shares.You can see the complete list of stocks here.limefx offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and limefx on the speculative up or down price movement on an agreed stocks price movement.

limefx offers a knowledge section dedicated to education but shines with limefx Plus and research. While limefx takes the lead in education, limefx does so with research and trading tools. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site.

Trading Conditions

Email support is a a convenient method of limefx customer service but responses to support queries are not quick. You may have to wait between days for a response from limefx regarding your support request. A limefx stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price . The limefx stop-limit order triggers a limit order when a stock price hits the stop level. A limefx stop-limit order can be helpful when trading if you are unable to watch your trades all day.

Unfortunately, although limefx prides itself on being fully transparent, it does not publish its swap fees. Swap fees are charged for holding a leveraged position overnight, and although limefx charges overnight fees, we could not find this information on the site. Please come limefx scam back often as broker services are very dynamic and can improve or deteriorate rapidly. Anyway, they never refused to pay my profits, but they are not happy when trader is in profit. On the product I trade their spreads are around 4 points wider than the provider I have changed to.

Trading Instruments

Our most innovative and unique tool is the patent pending dealCancellation. A trade is insured against a small fee for a period of one hour. limefx supports a wide range of convenient deposit and withdrawal methods, mainly credit/debit cards, bank transfers, Skrill & Neteller e-wallets, and WeChat payments. limefx does not charge any fees for deposits or withdrawals.

The parameters are usually set by experts on the basis of a set of mathematic indicators. However, using MT4, traders may experience slippage, but negative balance protection is guaranteed. Traders can also only choose between 80 financial instruments, including currencies, metals, commodities, indices, and cryptocurrencies. Developed by Metaquotes in 2002, MT4 is still considered the most popular and customisable limefx cheating trading platform in the industry. Although the platform’s interface is now dated, MT4 is still widely recognised for its fast execution speeds, wide range of charting tools, algorithmic trading, and customisability. The benefit of limefx offering a third-party platform such as MT4 is that traders can take their own customised version of the platform with them should they choose to migrate to another broker.

limefx Reviews

The CySEC provides one of the best regulatory environments for investors that guarantees the protection of funds and immunity against broker scams. The CySEC is affiliated with the European Central Bank and other European regulatory authorities, which brings it directly under the MiFID derivatives and EEA initiative. CySEC Forex brokers can operate in any part of the EU with a valid CySEC license, which allows limefx to offers its services to traders from the EU without any additional licenses. Online trading on trading platforms like limefx have seen huge growth in the last 3 years. You should only risk capital with limefx that you can afford to lose. Understand your risk tolerance with limefx, and have a trading strategy that limefx is able to help you execute.

A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds. All that ensures the traders’ safety especially to those who trade on volatile conditions. The minimum deposit for this account is 25 USD, making it suitable for all traders. Spreads are fixed at 1.0 pips (EUR/USD) on limefx’ proprietary platform and 0.9 pips (EUR/USD) on MT4, which is, at best, around the industry average, but no commissions are charged. VIP account-holders also have access to same-day deposits and withdrawals. As such, limefx segregates all client funds at top-tier banks around the world.

limefx Review 2022

limefx trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some limefx training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using limefx to trade live https://limefx.group/ financial markets. limefx stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on limefx. Stock traders on limefx conduct significant study, frequently dedicating several hours every day to market monitoring using limefx trading tools.

• Moreover, the high levels of liquidity and leverage have attracted investors from all walks of life to forex trading.
• limefx educational resources are used throughout the limefx learning environment to help and assist with customer’s development and learning of trading on limefx.
• Easy to use, great customer service and quick response to any queries via email/…
• You should consider whether you are fully aware of the risks involved and the high probability of losing your money.
• You can use PayPal, funding your limefx account using a personal PayPal account.

We were one of the first brokers to offer credit card funding and online CFD Trading through a web platform. Our platform was developed in-house to achieve a lofty goal – to meet the high demands of experienced traders but also be intuitive enough for new traders. Access to such information is restricted to persons, such as employees of Easy-Forex and / or third parties, on a “need to know” basis, so as to provide services to the customers and/or Easy Forex. In all cases, Easy Forex maintains physical, electronic and procedural controls to safeguard such information. These reports are supplied by Trading Central – a leading investment research provider to financial market professionals. Their market depth and knowledge is attributed to their acquired experience on trading floors of many banking institutions.

Top 10 Forex Brokers 2022

Please stay away from this company if you loose money they are happ but if you make profit they dont give your profit. Let other traders know if this service is worth checking or should be avoided. Our Affiliate platform not only shows you all the necessarily analytics and your revenue it also features an extensive library of dynamic and static banners, videos and landing pages.

No information or other content on this site should be considered as strategic investment advice. limefx is registered and based in Cyprus and is therefore regulated by the Cyprus Securities and Exchange Commission , which stipulates strict transparency and security arrangements to protect consumers. They have a strong reputation for transparency and trustworthiness and are even the official sponsor of the Spanish football club Real Betis, which is a testament to just how well-established this company is. Read this comprehensive review of limefx to find out whether it is the right broker for you. To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses.

MetaTrader 4 (MT Platform

Markets change quickly, and you need to be able to execute an order instantly. Before using limefx, think about how easy it is to use for your personal needs. Does the limefx platform offer real-time updates or delayed updates that are more informed? Remember to check if limefx is well regulated, and what tradeable financial instruments limefx has. Security is very important when it comes to trading with limefx.