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Now, generally speaking, LimeFx doesn’t feature a traditional type of license, which would trigger an limefx review alarm in any other review of ours. This website seems to offer cryptocurrency information and or services. Cryptocurrency services like bitcoin exchanges, crypto-mining, and trading services are considered high-risk. Not only due to their inherent nature but also because many scammers try to lure consumers into investing in (non-existing) digital valuta. Please read our article How to check if a cryptocurrency site is legit or a scam.. Don’t get much better than LimeFx imo, easy to get started, small minimum deposit, 5-6 hour withdrawals, fast responsive customer support.
As noted earlier, the broker doesn’t hold a traditional type of license from a governmental regulator, which, to be honest, would immediately trigger LimeFx scam suspicions. With negative balance protection, you’re not endangered by such a thing. The moment your account balance reaches 0, the software will automatically close out your position and save you from paying up for extra losses. First off, we read various LimeFx reviews from the actual customers, which revealed that the broker does hold a favorable place in its clients’ hearts. But for the sake of the argument, let’s say all of these reviews are sponsored, which leaves us to examine the security features on our own.
LimeFx is a Forex brokerage located in the Commonwealth of Dominica and offers trading options on Forex pairs, company shares, commodities, and cryptocurrencies alike. Hugo’s Way offers a new level of trading and is able to offer market-leading pricing and trading conditions through the MT4 platform by providing clients with true ECN connectivity. Hugo’s Way provides superior trading conditions backing into the Award-Winning MetaTrader 4 platform. CryptoRocket users can trade cryptocurrencies, commodities, stocks and forex with institutional grade liquidity from global institutions, as well as from fully transparent liquidity execution providers. Traders on out platform have access to excellent rates, along with the ability to trade on…
I reach out to chat again to ask should I close my trade and get the credit back since it did hit TP at that time. I haven’t noticed any shenanigans with the candles like you see with some other brokers. Deposits and withdrawals don’t have any fees and are quick. My only gripe with them was their high spreads limefx official site on Gold and exotics like pound/yen, but those spreads have improved dramatically recently. It is all evil intention behind this organization, took deposits and suspended my account for no reason. I found out this what what they do every users, I was about to get moneyback with the support from..
Arguably the most important thing you need to make sure of when choosing a certain brokerage is how reliable it is. Usually, we rely on the broker’s regulation to determine that, however, it’s not always the clear-cut way. Right off the bat, LimeFx is a Dominican-based Forex brokerage. Despite our efforts to locate any kind of financial regulation on its website, we weren’t able to find any, which only means that LimeFx doesn’t actually hold a license from a governmental regulator. So, with everything we’ve just said in this review of LimeFx brokerage, is it worth trading with it?
NewsWikiFX report: How and why LimeFx became the leading online forex broker
Besides, there’s also the LimeFx bonus promotion, which lets you become its affiliate partner and earn extra money by promoting its platform. In short, you can’t go wrong by choosing LimeFx as your trading partner. Another good feature we found is a decent selection of trading software available at LimeFx. Traders can use both MetaTrader 4 and WebTrader that come with LimeFx demo versions as well. We’re always excited when the broker has a WebTrader version as it allows them to customize it as much as possible.
I have not made a withdrawal yet but will update this review. As soon as I funded my mt4 account, I started receiving a „Daily Confirmation“ email, which is a statement of all the transactions made in my account. LimeFx waits for 6 confirmations, but it’s no big deal. Once I began placing real trades I was pleased to find that the whole process is very simple and the execution of each trade was quick. All trading is done via ELimeFx MT4 platform available on browsers, desktops, and mobile devices.
LimeFx.com Reviews
What this means is that if anything happens to the broker , it won’t be able to use your funds to pay up to its customers. We’ll also explore available educational materials and how you can enhance your trading knowledge with them. Lastly, we’ll find out various ways in which you can make deposits and withdrawals on this platform. And finally, let’s talk about the customer compensation fund.
- Tradersunion.com needs to review the security of your connection before proceeding.
- Next up, we’ll explore the website, as well as other software features, of LimeFx.
- I haven’t noticed any shenanigans with the candles like you see with some other brokers.
- Came across these as I was looking for a broker that offered a lot in he way of forex and crypto trading.
On top of that, you can even set up a demo trading account. It allows you to trade in a virtual market and hone your newly-learned skills. Besides, even experienced traders can find great use of this account if they’re transitioning from one market or strategy to another. After the website overview, we’ll move on to the actual trading terms and conditions that drive the whole thing.
Ratings On Other Platforms
A little bit of preliminary research can go a long way in protecting you and your finances. LimeFx is an online trading broker owned by LimeFx Ltd and located at 8 Copthall, https://limefx.club/ Roseau Valley 00152, The Commonwealth of Dominica. For pricing, there are no withdrawal fees and spreads seem reasonable enough when you consider volatility.
It means no gatekeeper or bank controls the flow of digital cash. Traders are not limited and so may earn as much as they want. Of course, cryptocurrency, like any other operation with money, is a risky challenge. That is why the choice of a reliable and legal broker is your first step. They said they provides 24/7 customer support, however, when you talked to them, it took a million year to respond.
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Upon the first inspection of LimeFx and its trading platform, we came to realize that there are quite a few beneficial offerings in it. But first, let’s take a quick look at its regulatory measures. Finding the right brokerage for your trading accolades is one of the most crucial steps you need to take at the initial step of your career. When it comes to trading terms and conditions, LimeFx offers you hundreds of varying trading assets, including currencies and cryptocurrencies. The leverage ratio, as well as spread rates and bonus offerings, make this particular platform very enticing.
Get answers from the LimeFx staff and other customers. They’ve been pretty on the ball since I started a year ago and hope they keep it up. This is the only broker I have used, so I decided to leave them a positive review. When I signed up, the phone verification was not automated so a representative had to give me call. Although not being phone verified did not affect my ability of trading right away. On the other hand, I find in some currencies spread is higher than other brokers.
LimeFx Product Features
Consumers satisfied with LimeFx most frequently mention crypto pairs.LimeFx ranks 24th among Personal Finance sites. We have looked into your query to find out more regarding your issue. It seems as though you used a wrong trade ID which is not BTCUSD, and therefore we weren’t able to find the trade you are referring to. Our customer support team has proceeded to get in touch with you to get some more information, in order to be able to help you further. As we’ve already discovered from this in-depth review, and as many other LimeFx reviews attest to this as well, this broker does feature some of the most beneficial trading opportunities on its platform. What’s great about the LimeFx withdrawal and deposit conditions is that there are no commission charges on either of them.
When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification. This will tell you whether they are regulated by a central authority or if LimeFx is an offshore and/or unregulated entity. There are a lot of brokers out there operating under fake company names or that have other fraudulent operations.