Due to regulatory restrictions, LimeFx does not accept customers from several jurisdictions, including North Korea, Sudan, Cuba, Syria, the US, and Iran. Additionally, the broker does not target residents of EU countries where it is not licensed. Refer new active clients to earn additional cash prize rewards (in addition to your rebates) up to $1,000 for each month that you meet the set targets (shown in the table below). Leverage allowstraders to make a much higher return, but the disadvantage is that a smallprice movement in the opposite direction of the trade can magnify losses aswell.
- The brokerage firm undoubtedly stands out from the crowd with its premium-quality customer service, which is offered in more than 30 languages.
- Constantly crashes and then you have to re enter log in details and facial recognition doesn’t work.
- LimeFxoffers a range of commodities, including crude oil.
- It is easy to see why traders choose to enter this popular market, as futures are used for speculation or hedging on indices, commodities, or energy futures.
LimeFxis an online multi-asset brokerage regulated by the Seychelles FinancialServices Authority (FSA). The broker offers access to various tradinginstruments, including Forex, Metals, Futures, Commodities, Shares, and Indices. Hello customer,We are so grateful that you took the time to write this excellent review! Much appreciated.😃 We hope you continue to enjoy trading with LimeFx! The broker provides education opportunities for total novices and traders who want to hone their skills, as its recently added Academy section contains lots of useful information.
Attractive commissions based on your clients’ trading volume.
Whatever traders’ level of experience is, they are sure to find a platform that meets their requirements as LimeFx gives its clients a choice from trading platforms like MetaTrader 4, WebTrader, web and mobile trading apps. IB stands for Introducing Broker and, within the context of online forex trading, it refers to an independent broker or trading dealer whose job is to introduce new traders to a brokerage. An introducing broker earns commissions for each active trader s/he introduces. In other words, an IB receives commissions based on the traded volume of the traders they have introduced to the broker. The more a trader trades, the more revenue the IB will receive.
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Hello Marcelo,We are so grateful that you took the time to write this excellent review! Much appreciated.😃 We hope LimeFx continues to meet your expectations! One of the biggest advantages of using WebTrader is that clients of LimeFx will benefit from the full range of features MT4 provides for instant trading, no matter if they have chosen to create a trading or demo account. This platform is designed to provide traders with everything they might need in order to succeed while trading online, as it is incredibly easy to use, provides automated trading, and comes with a number of intuitive features. Users of the brokerage firm can also execute their trades while they are out and about, as LimeFx’s mobile apps make it exceptionally easy to keep tabs on the market anytime and anywhere.
TradingPedia.com will not be held liable for the loss of money or any damage caused from relying on the information on this site. Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
Logging in with multiple accounts
Traders can use the demo account for as long as they prefer as there is no limit on the time it will be valid for. When clients of LimeFx are ready to switch to a live account, they should get ready to undergo a verification of their identity. The availability of some of these banking https://limefx.club/ methods depends on the location of traders, so the list of options they will get to see when they access their accounts might differ. While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices.
Advancedtrading orders are also available on the MT4 platform. These orders allowtraders to customise their risk management strategies and manage their tradesmore effectively. Whiletrading CFDs on shares, traders can take advantage of highly volatile marketsto increase their profit potential. Thecommodity market is highly liquid, so traders will never have to worry about a lackof trading opportunities. Thefee structure of LimeFx is quite competitive In addition, the broker does notcharge fees for depositing funds, and withdrawal fees may apply depending onthe payment method. LimeFxis authorised and regulated by the Seychelles Financial Services Authority(FSA), which means there are measures in place to protect clients.
Thetransaction fee structure is transparent, and their multilingual customer teamis always available to help. Moreover, they have a dedicated team ofspecialists who can assist with any issues or queries. Tradersget a secure transaction experience as the broker uses secure encryptiontechnology to ensure the safety of your funds.
Let’s look at some essential MT4features available on this multi-asset trading platform. Inaddition, the broker offers 24/5 multilingual customer support to help traderswith any queries. The broker also provides a wide range of educationalmaterials to help traders understand the share market better. Traderscan access various metal pairs, such as XAU/USD, XAG/USD, and more. Inaddition, the broker offers low spreads on metals, and traders can takeadvantage of volatile market conditions.
With KYC (Know Your Customer) and anti-money laundering (AML) procedures in place,LimeFx ensures its clients comply with the necessary regulations. Moreover,the client’s funds are kept in segregated accounts in top-tier banks, and theirpersonal information is guarded under SSL encryption. Hi Andy,Thanks for taking the time to share with us your feedback! Naturally I was a little anxious about getting my money back after a few months of trading, but after submitting withdrawal on a Friday, I received my money back the following Wednesday.
Inaddition, the broker provides negative balance protection, which preventstraders from losing more money than they have invested. It is an importantfeature that helps protect customers from financial losses due to unforeseenmarket conditions. It also provides a risk-freedemo account, allowing traders to practice trading in a virtual environmentbefore investing in real funds. Clients of LimeFxr can access their MT4 trading account straight from the browser of any device, limefx scam be it handheld or desktop, without downloading any software before that. WebTrader offers the same functionality as the downloadable version, meaning that traders will not lose out on any of the features that are accessible through MetaTrader 4. Offering a secure trading environment with no requotes and fast execution, MetaTrader 4, which is also known as MT4, is an online trading platform that can suit the requirements of experienced traders and total novices.