A beginner can gain adequate knowledge required for forex and CFD trading by going through all the available videos at LimeFxFX. The customer support staff at LimeFxFX is user-friendly and very helpful. We tried to connect with them through a live chat window at their official website and the customer support email id. The https://limefx.group/ company supports charitable and humanitarian initiatives to enhance educational infrastructure and uplift local communities in Malaysia and beyond. Recently, LimeFxFX partnered with Ideas Academy, a Malaysian educational organisation, to digitalise multiple learning centres for refugees and underprivileged students.
- CFD is an arrangement made in financial derivatives trading where the differences in the settlement between the open and closing trade prices are cash-settled.
- I think like working with this company, I don’t know about others.
- Please be aware that this might heavily reduce the functionality and appearance of our site.
- Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature.
The LimeFxFX broker has several licenses, which bring some great benefits for traders. LimeFxFX Holding plc is regulated by CySEC (EU), which can give you maximum benefits. There is a huge potential for limited independent business without any leverage. If you are looking for more in-depth explanations and documentation for some of the functions on the trading platforms then you can use their comprehensive manuals. These cover the interface, charts, EAs, signals as well as Autochartist.
New scamming schemes appear every day, and to help you stay safe from it, we’ve prepared a security checklist. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. ForexBrokers.com also recognized brokers that demonstrated excellence and innovation with our exclusive Industry Awards. LimeFxFX is an up-and-coming broker that has been in operation for nearly 10 years. Its growth has enabled LimeFxFX to continue to expand its products and services.
Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). However, when it comes to Forex trading itself, it’s extremely important to acquire sufficient knowledge of the financial markets and use risk management techniques when trading. Without that, you are facing great risks of losing your money with any broker you choose to trade with. So ensure you are fully prepared before depositing your funds and starting investing or trading in the financial domain. Depending on your place of residence and your preferred payment method, LimeFxFX’s minimum deposits can change. When funding with Visa or MasterCard, they might be as little as $25 (USD), as much as 50 euros (EUR) when using Skrill or Neteller, and as much as 500,000 Indian rupees (INR).
Here are the steps to withdraw money from LimeFxFX
Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. LimeFxFX traders can navigate the platform and find the information they need to make informed trading decisions. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors. After logging into your LimeFxFX account, you’ll find a range of trading platform options available below. LimeFxFX also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
- These deposit bonuses were recently outlawed in Europe and regulators such as CySEC have forbidden brokers from offering them.
- It’s vital to remember that the LimeFxFX company you select for opening your trading account will also affect the minimum deposits and trading fees.
- If considering trading financial assets with LimeFxFX, evaluating the LimeFxFX platform is important.
- LimeFxFX are held accountable for their actions and may face severe consequences if they violate any financial regulations.
- Therefore means its operation is aligned to the necessary protection level.
Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. In addition, there is a security of the traders’ accounts applied by the Investor Protection and Compensation Schemes in case the broker goes bankrupt. Overall, we found LimeFxFX lucrative in terms of fees as their variable spreads are lower than most of the regulated brokers in Nigeria.
What is LimeFxFX?
Please get in touch with us via live chat or email () if you have any queries or require any information. You can enquire about market insights, business education resources, or webinar details. We would like to take this opportunity to express our heartfelt gratitude for your positive feedback regarding our prompt payment methods. It brings us immense joy to know that you are enjoying our services. Your kind words have not only brightened our day but will also be shared with our dedicated employees and relevant teams. Your appreciation serves as a strong motivation for us to continue delivering exceptional service.
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We are truly honoured to receive such high praise and to be regarded as the best forex broker you have encountered in your forex journey. We are delighted to know that you have benefited from our fast deposit and withdrawal systems, low spreads, zero commission, deposit bonuses, and customer care services. It is our utmost priority to provide efficient and reliable services to our valued clients, and we are thrilled that you have experienced the benefits firsthand. We are glad to know that you have also taken advantage of our “trade and win” offer. It brings us great joy to be able to provide opportunities for our clients to accumulate lots and claim gifts through this promotion.
Mobile Trading Platform
Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. Trading in the platform needs to be improved like not adjusting the chart each time you move to another transaction. Just need to be more chart friendly for fast transactions when opening and closing positions. I’m in Vietnam and I hope you should have a method of depositing via bank, instead of us having to deposit money via binace. LimeFxFX’s affiliate marketing platform, which enables influencers to earn a commission for each referral, has helped it have one of the most effective marketing campaigns in Africa.
LimeFxFX Review 2023
It is up to you to decide whether to buy or sell stock spreads in this market. If you see a drop in the market price, then you need to click on ‘Sell’. On the other hand, if you see that the price has increased, then click on the ‘Buy’ button. They have also got some of the most responsive customer support which has won them a number of awards.
What funding methods do LimeFxFX accept?
You can open a demo account accordingly by looking at the offers. It is very easy to open a demo account with LimeFxFX, and you will get this account quickly. To open an account, you need to use your name and email as well as a strong password. If you do not provide your full name and email address, the account will not be created. We were also quite disappointed to see that although they did offer EAs, there were no VPS promotions.
These replicate the live trading platform but you will be given demo money to initially trade with. It is based in St. Vincent and the Grenadines (SVG), and it provides little to no regulatory protection. The security of your funds – in terms of regulatory protection – will depend on which LimeFxFX entity holds your account, and which –if any – relevant regulations provide customer protections. Nor are they recognized stock exchanges registered with Sebi (Securities and Exchange Board of India).
You are also likely to have less latency as you are connected directly to their servers. Moreover, you are allowed to hedge your positions, use scalping techniques as well as code your own Expert Advisors (EAs) on all of these trading accounts. If you have an ECN account then you won’t be paying either a swap or an overnight fee. However, you will be paying a fixed “Lot commission” on the lots that you trade. In general, LimeFxFX has some pretty low spreads when compared to the competition.
You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal. Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades. Let’s explore each of these trading platforms in detail and what options LimeFxFX gives you. A minimum deposit is the minimum amount of money required by LimeFxFX to open a new online brokerage account with them.
Every time the Palestine-Israel conflict escalates, Malaysian hacker groups would do their thing and either hack Israeli websites, data, CCTVs… A distressing video has been circulating on social media recently, showing a small boy falling out of a moving car… This raised limefx scam concerns among investors, necessitating further clarification. LimeFxFX is unquestionably a legitimate and long-standing international broker with more than 12 years of operation. Finally, there are some regions like the USA that LimeFxFX cannot accept clients from.