LimeFX Review 2021 Scam or not?

Please keep in mind, that order’s execution is performed on server side, and then result of this action displays in trading terminal. Due to the technical issue, information was not updated in your terminal. Also, on your email address LimeFX Dealing department has provided server logs, where are displayed order’s closure request from your account, and order’s further execution.

  • If you have traded with LimeFX and believe you have been scammed by them you have a chance to get your money back.
  • In this situation it is necessary to identify you in our system.
  • According to a statistics LimeFX executed almost 786 million orders through its 1.4 million trading accounts up to February 2018.
  • Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns.
  • LimeFX does offer additional features such as an AutoChartist plugin for MetaTrader 4 which allows users to access additional tools such as risk calculators, market scanners, statistical tools and more.
  • As it was mentioned earlier – LimeFX is primarily an MT4 broker, but the company has also developed own trading platform, which is compatible with Windows and Mac.

MoU”) regarding the mutual assistance in the supervision and oversight of managers of LimeFX funds. However, in the event of a trading dispute, attempting to resolve a dispute in court is practically impossible. Resolution of conflict for traders usually depends purely on the decency of a broker. ReportScamOnline now considers LimeFX to be operating an online scam.

🆓 What is the LimeFX minimum deposit?

As a consequence, currency pair EURUSD has shown raising trend despite trading expectations of a Leaders which led to increase of losses on account and respectively caused negative effect on results of followers. Majority of reviews will often paint a very abstract picture about the service, it will be better to open a cent account and see how you feel about the broker. Traders with approved accounts have access to 4 analytical tools through their Client Area, but only one of the tools is unique limefx company reviews and exclusive to LimeFX clients. One of the most prominent features is Slippage Control – it allows traders to set the slippage limit, it even allows 0-pip slippage, however in this case execution is not guaranteed at all times. Clients are allowed to transfer funds to any other client of the company, without any certain restrictions. Nevertheless, should a company suspect foul play, suspicious activity will be stopped and accounts will be subject to immediate suspension and investigation.

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If LimeFX’s website itself does not provide enough means, a trader should explore other informative websites and means to obtain that knowledge. LimeFX also ensures that there is innovative risk management technology and the constant development thereof. Part of this is also ensuring that clients do not risk more than the original funds they invested.

Care of Clients

Funds can be deposited via payments methods such as Debit/Credit card and e-Wallets such as Neteller, Skrill and Webmoney, as well as Fasapay, Nganluong, Netbanking and QR. Share4you also add a great value and can help new traders copy the trades of more experienced traders. Likewise, experienced traders can receive additional commissions from all those who copy their signals. Clients can access News, Trading Central and AutoChartist services via the client portal whereas the Economic Calendar and WebTV can be accessed via the Education section of the broker’s website. To deposit and withdraw funds users will need to enter the client portal area, also called the Trader Room, and click on ‘Financial Operations’ followed by either ‘Deposit’ or ‘Withdraw’.

  • The platform also holds seminars, although only in Asia at the moment.
  • His experience in the industry helped him become well-versed in forex regulations, licensing, and best practices.
  • The large bonuses add to the allure, as well as the Share4you social trading technique, which was created in-house, and it has drawn over 1,000 indicator providers.
  • We are committed to the fair handling of reviews and posts regardless of such relations.
  • The minimal input is between 1 to 10 US Dollars, and processing periods are described as instantaneous.

Moreover, since 1 August 2018 The European Securities and Markets Authority has placed investor protection measures on the marketing, distribution, or sale of CFDs to retail clients. The bonus is just a reward for the trader’s choice that gives some of these expenses back to the trader, once proving himself as an active trader. There is a commission charge of 10 cents per lot charged on the Cent NDD account and $ 8 per lot on the Pro STP account. The cost of trading depends on different factors like commissions, spreads, and margins. LimeFX cater to beginner, professional and advanced traders.

The lower a stop out level is, the more money a trader can lose, if no proper risk management has been implemented and trades are left unattended. DowJones News offers the latest in news, reports along with comments which is free to access by all traders from MetaTrader4’s analytics section in the Trader Room. 50% Cashback program is earned when you trade as usual and get back 50 of paid spread and commission.

Cent NDD

Besides, for each trading a very small amount of spreads also cut by them. It varies from 0 pips to 2 pips depends of the account types. But in that case, we must mention that the spread is really lower than other brokers. Using the title ‘A Company with Innovation Philosophy’ LimeFX has been working and gaining trust among the traders since 2007 under the mother company E-Global Trade & Finance Group.

Besides, they also have some risk control feature to protect client’s fund. Percentage Allocation Money Management or PAMM accounts are suitable for the money makers who have their own investor list. The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.

Lastly, all trading accounts can be opened with either USD or EUR as the base currency. LimeFX is a global forex & CFD brokerage company set up in 2007, and currently based in the British Virgin Islands where it is regulated by the BVI Financial Services Commission . LimeFX offers users the ability to access mobile trading on the go from the LimeFX and MetaTrader 4 mobile trading apps for Android and iOS systems. Both app download links can be found in the Google PlayStore or Apple AppStore.

The traders that you copy are extremely volatile and they almost always blow out your account. I have copied about four of their traders and they all eventually destroyed my balance. They all start out with good returns for the first few months, but then all of a sudden, in one day, they lose 99% of your money. It is highly possible that these traders collude with LimeFX to blow out your account so that the broker can keep all the money you lose. Do not try share4you it is very dangerous way to invest and it will destroy your account. As per the information available on LimeFX site, there are ways of reaching out to support staff 24/7, via live chat on their site, email, ticketing system in the Client Area, as well as toll-free phone numbers.

In order to receive login credentials and be able to log into the Client Area, trader has to fill out a short registration form and provide your phone number. Although, the process is fast and simple only as long as you live in a country which is accepted by LimeFX and is actually listed in the registration form. The main idea is that affiliate earns 50% commission of Tier 1 clients spread, 16.7% of Tier 2 spread, and 5.6% of Tier 3 spreads.

A request to settle a debt, taxes or other amount owing and to send money via courier, prepaid bank card or gift card. LimeFX makes provision for educational tools in the form of webinars and seminars along with a blog. The trading of gold and other precious metals involves hard commodities that are contract-based tradable goods.

  • Yes, LimeFX offers a good trading environment for all types of traders, from beginners to advanced.
  • offers over 35 currency pairs, gold, silver, cfds, bitcoin and other cryptocurrencies for your personal LimeFX and trading options.
  • Therefore, the LimeFX brokerage must maintain transparent and reputable with all of the trading services they provide.
  • Execution-only brokers, that is a broker that does not involve in any personal LimeFX advice and gives traders complete control over how they trade the markets, tend to have lower commissions.

The tools and services provided do not really cater to professional traders who trade at high volumes. Financial risks are mitigated but maintained to ensure that the company functions in a reliable and trustworthy manner. All client funds are kept in segregated accounts and LimeFX only deals with regulated financial institutions. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account.

Top 3 Forex Brokers 2020

The minimum that can be withdrawn is $ 20 or 20 Euro with a maximum of $ or EUR. The minimum that can be withdrawn is $ 2 and a maximum of $ 2500. All these payment options have withdrawal limits, and each has its own processing time. LimeFX offer the choice of deposits and withdrawals through Neteller, Skrill, WebMoney or Credit/Debit cards.

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Next in line is the classic account used by many experienced traders. LimeFX has a great repuation and a strong range of financial instruments for traders to benefit from. The education material available is both vast and informative with videos and articles suitable for beginner and advanced traders. The content is regularly updated, and clients also have the choice of attending in-person seminars across LimeFX’s various partners and country offices around the world. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation.

We recommend that our readers not trade with this broker and if you have an open account with this company, we suggest you try to withdraw your funds as soon as possible. Demo accounts are also widely used by more experienced traders who want to experiment with other asset classes. For instance, a trader might be experienced in stock trading but want to start investing in futures, commodities, or currencies. LimeFX is an offshore broker who is not under such strict compliance or regulation and traders have access to higher leverage. Potential traders need to be assured that the broker company they chose can offer the necessary support and help whenever they may need it. This is the most popular professional Forex trading software available, with outstanding tools and features for trading and conducting market analysis.

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