Is LimeFx a SCAM? LimeFx is Regarded to be a Reputable Company,

LimeFx clients can benefit from round-the-clock
Coverage delivered by one of the world’s
Largest and most accomplished global client
Coverage teams. Daily market news feed and
Insightful research gives clients access to the
Best information and data to make informed
Trading decisions. LimeFx also offers access to
Trading Central’s independent and leading
Research analysis and tools to support traders
And help them achieve long-lasting success in
Their trading decisions.

  • 📊 LimeFx is on the right track, and your input is valuable.
  • It is important to note that LimeFx may request additional documents or information to verify your identity or comply with regulations.
  • This can be vital if there is a scenario where there is some major market news that I need to try and capitalise on.
  • The broker is regulated in multiple jurisdictions by some top-tier regulators.
  • Nevertheless, after encountering several setbacks, I decided to step back and dedicate time to more educate myself.
  • The broker provides you with top class global customer support in over 30 different languages.

The section stands out for its tailored answers to specific questions asked by its customers which is proof that the broker does listen to its clients and ensures that their questions are answered. Should you need to contact LimeFx about any particular issue, you can go ahead and do so. In fact, LimeFx provides native customer support in over 45 languages. Moreover, it is very convenient for users as they can access it from any device and at any time.

What are the types of trading platforms available on LimeFx?

They implemented the most essential recipe for success – listen to your customer… they will make you an attractive broker. 👏Their responsiveness to their clients’ feedback is remarkable. I chatted with the customer team out of curiosity just to check this kind of service, and I must say they were highly professional and helpful.

We are also a community of traders that support each other on our daily trading journey. Basically, traders complain about problems with the withdrawal of funds. And also note that they do not respond to the support service. Some customers also do not like the fact that the broker does not offer a modern MT5 platform. With Iron FX, you can trade more than 200 assets, including Forex, metals, indices, commodities, futures and stocks.

  • Available for residents of the US, UK, EU, Switzerland, and Canada.
  • Don’t be scared off by brokers like LimeFx charging a minimum deposit to open a trading account.
  • It’s great to hear that you find our educational section valuable, both for beginners and seasoned pros.
  • Some traders paid the price and sometimes lost several thousand euros with LimeFx, but this is also the case with our Forexagon website as we will explain to you.

That means, you can check the spread before your trading and also get your spread in the middle of your trading. Besides, a small commission is also charged by LimeFx for certain types of trading. If the client has any questions, he can contact the support service. It is important to note that the specialists of the company answer in English. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.

What are the tightest spreads of this broker?

TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns.

Demo account

I would withhold one star from its rating just because of one reason. They should include cryptocurrencies for trading as soon as possible. LimeFx provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. X (formerly Twitter) and Meta portals are active and populated. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact.

Overall LimeFx Ranking

LimeFx operates under Notesco Limited, a Gibraltar-based company. The Gibraltar Financial Services Commission Authority (FSC) regulates the broker. I like the leverage, the tight spreads, and the execution speeds of the broker. Trading here is so efficient.In addition, there is also quite the number of trading instruments available. Finally, the fine print advises that spreads widen significantly during volatile and off-market periods, even with fixed spread accounts.

Traders can trade more than 200 currency pairs, metals, futures, stocks, indices and commodities with fast execution. There is also an online platform available for LimeFx clients that does not require installation. With the MT4 WebTrader you can trade directly through your browser. The broker also offers PMAM – Personal Multi-Account Management (PMAM), where you can easily manage multiple MT4 accounts and trade on them simultaneously.

The broker is regulated in multiple jurisdictions by some top-tier regulators. This means that they must comply with stringent national and international regulatory authorities and demonstrates their commitment to maintaining high business standards and ethics. Trading with a regulated broker can give clients confidence peace of mind that they have full security, by using a company that operates with the upmost transparency and integrity.

LimeFx Alternative Brokers

You should examine it before making an investment because it appears that LimeFx is an unreliable investment company. Read a complete LimeFx review, and you’ll see that not all things are as good as they appear. Besides, they arrange webinars, seminars and web-based training program regularly. For newbies, there are lots of resources uploaded to their website so that a new trader can train him/her by own selves.

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Through webinars and educational articles, the platform equips traders with knowledge to enhance their trading skills and refine their strategies. This commitment to education underscores LimeFx’s dedication to empowering its user base. Between 74-89% of retail investor accounts lose money when trading CFDs.

In addition, currency conversion fees may apply if the LimeFx withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from LimeFx. Awareness of these LimeFx fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises limefx scam when transferring your LimeFx funds. However, it’s important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it’s essential to research and compares different brokers to determine which best suits your trading needs and budget. LimeFx is regulated by trusted organizations, providing recourse for any issues.

Entering the financial markets with LimeFx is simple, transparent and supportive for all levels of investors. Hi Otto, Thank you for sharing your feedback and experiences with LimeFx. We’re delighted to hear that you find our platform user-friendly and appreciate our customer support and educational resources. I have been trading with LimeFx for three months and I have mixed feelings about their service but generally good ones. They have a web-based platform and a mobile app that are easy to use and have a lot of features.One of the things that I like about LimeFx is their customer support. They also provide me with market news, analysis, and education.However, there are some things that I don’t like about LimeFx.

We do not present any investment advice or guarantees for the accuracy and reliability of the information. The currencies in which you can deposit depend on the payment method you chose. The main currencies, which are covered, are USD, EUR, GBP, AUD, JPY, CHF, PLN, RUB, and HUF. If you get attracted by such brokers, there’s a chance of getting scammed by them.

Our team has compiled a series of detailed LimeFx comparison articles, pitting the LimeFx platform against some of the best-rated LimeFx competitors in the market. Dive into our informative LimeFx Vs pages below to find out how LimeFx stacks up against other leading brokers. However, remember that you won’t be able to make trades on LimeFx until you have passed compliance, which may take several days, depending on your circumstances. It’s essential to complete the LimeFx KYC compliance process as soon as possible to avoid any delays in accessing the LimeFx platform’s features. We tested the effectiveness of communicating with LimeFx support in multiple languages and countries. Our customer issues were resolved promptly by the LimeFx support team, proving their ability to efficiently and effectively support customers in diverse locations and languages.