With over 5 million clients from as many as 190 countries, LimeFx Is one of the most established brokers currently online. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Everyone knows LimeFx is one of the best https://limefx.group/ brokerage, But I hope they will add USDT as a payment method.it is more secure for lots traders at especially in Iraq. Dear Kenneth Theletsane,We attempted to gather more details through the Find Reviewer process on Trustpilot, but unfortunately, we haven’t received a response from you.

Once traders have opened an account, they have access to the LimeFx Member section of the broker site and their trading platform of choice. All LimeFx account types offer negative balance protection for EU residents. That means losses cannot exceed deposits as required by ESMA. Fund withdrawals via eWallets are generally credited to your account the same day.

This is bending the truth slightly and is probably an attempt to make up for the lack of proprietary platform or options other than the ubiquitous MT4/MT5. If you hold a position overnight, you will incur financing charges. The charges will vary across different instruments and vary from day to day., determined by “tom-next rates”.

1. LimeFx may require copies of your credit card before approving a withdrawal request.
2. Accounts can be opened in  a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB.
3. Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet.

You just need to open an account with the correct entity to be eligble for this. There are different trading platforms and flexible trading conditions provided for you to choose from, depending on your needs. This means that you can enjoy trading all of your favourite strategies and preference of financial markets without any hassle. The broker has a wide range of trading instruments for you to choose from including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient. The “Tradepedia” education section has 39 videos which are divided down into seven sections.

Islamic or swap-free accounts do not have any rollover or swap interest for overnight positions. An LimeFx Ultra Low Account is available with the base currency of USD, GBP, EUR, SGD, AUD, or ZAD. You still have no commissions and negative balance protection.

The regulators also require LimeFx to segregate client money in separate bank accounts at top-tier financial institutions. The download is quick, provided you have a decent internet connection. Once traders agree to some standard disclosures they can click the MT4 or MT5 icon on their desktop and be on the platform in seconds. All withdrawals above $200 processed by wire transfer are included in LimeFx’s zero fees policy. Traders with Micro or Standard accounts can open and fund an account with a minimum of $5, while LimeFx Zero accounts require a minimum deposit of $100.

Standard account

Over the past decade, this broker has gotten licenses from leading regulatory agencies worldwide, including the FCA of the UK, CySEC of Cyprus, ASIC of Australia, and so on. I like how they have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

There is no way of knowing how much risk a dealing desk broker such as LimeFx would take on. There is no way of knowing how often, if at all, LimeFx trades against its clients. The website suggests that LimeFx offers 1377 instruments, but the vast majority of these are stock CFDs. However, we are underwhelmed by the lack of platform options at LimeFx.

CFDs are complex products and are notsuitable for inexperienced traders. LimeFx recommends to its clients to make surethey understand how CFD trading works and whether they can afford to limefx company reviews take therisk of losing money. Traders can even set uptheir own alerts and messages on the platforms, which can be based on certainsituations, price levels, or technical indicators.

Desktop Trading Platforms

Traders who are new to the game and are cautiously just finding their feet may prefer the option of the Micro Account. This account is great if you are worried about blowing up your trading account by making silly mistakes on the platform such as using the wrong trade size. Once traders gain experience of the whole trading experience they can migrate to the Standard account for larger contract sizes.

Deposit and Withdrawal Methods

We would like to investigate this discrepancy further to provide you with a satisfactory resolution. Please respond to our request on Trustpilot with your personal details so we can thoroughly review your case. Thank you for your understanding and cooperation.LimeFx Team 🚀BIG. However, LimeFx does provide a loyalty program and a rewards system for clients outside of the European Union.

All withdrawal requests are instantly reflected in clients’ trading accounts as pending withdrawals. LimeFx processes requests within 24 working hours, but it may take up to five business days for funds to arrive depending on the final destination. Also, traders with demo accounts can make use of LimeFx’s 24/5 support and all the broker’s educational materials. The high-quality and written research in the news content covers all types of research, geopolitics, fundamentals and technical analysis.

Ensuring compliance with regulations is vital for the integrity of our platform. We take all withdrawal requests seriously and investigate them thoroughly. This will enable us to address your specific case and provide further assistance.Thank you for bringing this to our attention.LimeFx Team 🚀BIG.

While an LimeFx demo account can be a great choice for traders to learn more about the market, it can’t be used to learn how to control your emotions when trading. By slowly transitioning to using real money, you will be able to learn more about how to control your emotions. LimeFx is known for charging very low fees and the spreads on major pairs start from as low as 0.6 pips. In today’s LimeFx review, we are going to discuss all the important aspects that make this broker one of the leading companies in the Forex industry. So without further ado, let’s see what LimeFx really has to offer. Dear saym,We’re sorry to hear about your experience and apologize for any inconvenience caused.