LimeFX Scam Or You Can Call It Illegal Tactics

Over 240 trading instruments to choose from across Forex, commodities, Indices, Cryptocurrencies, metals and bonds. Proof of Address such as a utility bill or a bank statement. Note that the utility bill must be issued within 90 days prior to your application. More detailed basic information including your date of birth and full address. You need to make sure that the address you submit on this screen is identical to the address as it appears on your utility bill / bank statement. Vietnam is a country with a huge amount of potential and over recent years, has attracted the interest of both seasoned and inexperienced individuals keen to explore new markets.

You must understand that Forex trading, while potentially profitable, can make you lose your money. NLimeFXr trade with the money that you cannot afford to lose! Trading with lLimeFXrage can wipe your account LimeFXn faster. I have a very good experience with LimeFX, their spreads, commission rate, service and execution speeds are the best in the market.

is LimeFX a scam

LimeFX was founded in Australia in 2007. LimeFX has been facilitating trade on the financial markets for over 14 years. LimeFX offers clients Forex trading, CFDs trading, Spread Betting trading, Share dealing trading, and Cryptocurrencies trading.

LimeFX Autochartist provides the world’s first Market Scanner available for MT4 & MT5 using a non-trading Expert Advisor script. Scan markets for trading opportunities while viewing all symbols and time intervals from a single graph. Gone are the days of launching a lot of graphs on which you can’t remember which currency you’re taking a look at. Autochartist offers a simple user interface that can be customized to suite how you like to trade.

This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card.

Trading Features

These are simple bullet pointed guides that give you a short overview of elementary disciplines. They cover topics such as the pros / cons of CFD trading and the basics of Forex markets. These are aimed at the beginner Forex traders. You can also take a deeper look at the reviews for the MT4 and MT5 mobile apps in the iTunes store and the Google Play Store.

The transfers are processed extremely fast with deposits being instant with the online processors and withdrawals being handled within 48 hours! I have had countless withdrawals from IC over the years and they have nLimeFXr taken more than 48 hours to release the funds to me, which is great to see. Traders will conduct all financial transactions from the secure back office. I like that LimeFX ensures withdrawals remain as swift as deposits. It processes all withdrawal requests received before noon AEST/AEDT the same day. No fees apply except for the $20 bank wire cost.

  • They always fail to update me with trade statuses.
  • There are no internal costs, except for a $20 bank wire fee, a charge levied by all brokers.
  • Trading CFDs, FX, and cryptocurrencies involves a high degree of risk of losing money due to lLimeFXrage.
  • They have so many technical terms that I can’t understand.
  • For 10 years LimeFX has proved its ability to be reliable and stable.

HowLimeFXr, when it comes to cryptos, this broker’s offer is a bit low compared to other brokers, with only 6 cryptocurrencies available. If you have a live account at LimeFX, they will also throw in the MT4 advanced trading tools for free. These are similar tools than those that are used by institutional clients. This is probably the most well-known trading platform in the world and has been around for a number of years.

LimeFX Review: Regulation And Security

He is regularly quoted in the financial media for his currency market insights and forecasts and is based in London. Domestic bank transfers are free but international bank wire transfers attract a charge of AUD20. It takes 3-5 working days to complete the transfer process. LimeFX does not process withdrawals to third parties. This android app can execute trades, access charts and other important analytical tools.

The LimeFX Raw Spread account offers liquidity from over 50 different banks and dark pool liquidity sources. Withdrawals requested through e-wallets such as Paypal, Neteller, Skrill must be made from the same account used for deposits. The transactions are processed Financial instrument instantly. LimeFX does not charge fees for withdrawals and deposits. All funds of traders are transferred to the trust account of an Australian bank. The broker doesn’t use these funds for any purposes other than maintenance of the positions opened by the clients.

In Which Countries Does This Broker Work?

There are a lot of functions which we cannot mention here all. In addition, technical drawing tools are available for doing technical analysis. The spreads start at 0.0 pips and the commission is $ 3 per trade $ 100,000 in CTrader. In the Metatrader, the commission has been increased by 50 cents to $ 3.50. A change to this broker is worthwhile LimeFXn because of the low fees for trading.

is LimeFX a scam

They will become unresponsive right after the deposit. I guess that is the reason why they made slippage greater LimeFXry day. I am quite hesitant to continue trading with them.

The LimeFX advanced trading tools for MetaTrader 4 are aimed at improving the total trading experience and providing traders with a competitive advantage. You can enjoy our Raw Pricing trading environment without a Dealing Desk from anywhere in the world. Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

They are greedy and will ask for more money from you but can not LimeFXn deliver good results. It is also very hard to get approval for withdrawal requests. They are not that skilled in providing effective signals. I always noticed signals are against the market movements.

Full Review

Taken together, the support is pretty good because you always get professional help directly. HowLimeFXr, you have to make a small smear, because there no support in LimeFXry language. Deposits are well written in real-time depending on the method. My payouts have always been confirmed and executed within 24 hours.

LimeFX Main Features

It is suitable for beginner traders and experienced traders as well. The platform has a high rating in the trust. Customer support limefx is offered in multiple languages including English, Chinese, Indonesian, Italian, Spanish, Portuguese, Thai and Vietnamese.

Does LimeFX Offer Negative Balance Protection?

The maximum average spread of 1.6 pips was also reached in the same hour, which is pretty good for this time frame. We then see this average spread drop to 1.05 which is very close to the minimum of 1.00. These values remain until the end of the European session. At the beginning of the American session, the spread becomes LimeFXn better gaining values of 1.03, 0.87, and 0.87 respectively for the maximum, minimum, and average. Although this is a standard account and does not use the best possible conditions, these results are impressive.

We uploaded our LimeFX review video on youtube and we got different comments from people who say that LimeFX is a Scam Broker. Withdrawals would not happen or the broker is manipulating the spreads. Form my experience there is no scam or fraud on this broker.

This account type is run by the Meta Trader 4 and 5 trading platforms and prides itself in having the fastest speeds in order execution. Overall, LimeFX trading platforms are excellent. You can choose any of them, and they will be fit for your trading style. You are also free to try out demo accounts so that you’ll get a feel for each platform.

Money protection is offered in a number of regulated methods, including client money segregation in accounts that are only accessible by the customer and used to facilitate their trading. LimeFX is a top tier online trading platform and broker known amonst active traders as having some of the most competitive commissions and spreads. LimeFX pride themselves on super fast 40 milliseconds order execution speeds which process over $15 Billion USD or around £10 billion Pound Sterling in trades daily. LimeFX are one of the few brokers that can say they offer a institutional grade trading platform. There are three account types offered by LimeFX that you can try to trade the most popular assets 24/5. LimeFX also offers a demo account that lets you learn about the broker without using real money.

The Australian Securities and Investments Commission, Cyprus Securities and Exchange Commission, the Seychelles Financial Services Authority, regulate LimeFX. It is a state government agency’s autonomous entity. Two of the world’s most well-known multinational Swaption banks, both of which have a lot of cash on hand, handle customer transactions. LimeFX also employs external and independent auditors to oversee the broker. The forex market is the most liquid in the world and potentially one of the hardest to trade.

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