LimeFx scam: LimeFx review 2023 Scam or not? Real broker test

LimeFx scam
LimeFx scam

I think the purpose is to collect and keep your private data. Do not waist your time, stay away from them and do not disclose your personal data. After 1hr on hold no one ever answered in customer support. Called Tech support and they said my accounts were closed due to inactivity. First contact with them through chat after opening an account. But the top priority was whether my issue was addressed and fixed in a timely manner…

  • They providing service since 2001, after started journey, has gained worth value in the global market brokerage service.
  • LimeFx is available and regulated in UK, USA, Canada, Australia, Japan, India, South Africa, and the Cayman Islands.
  • The charting feature in the mobile app is one of the disadvantages one can think of.
  • STP Pro accounts allow you to trade on prices sourced directly from global banks and top- tier liquidity providers with no additional mark up.
  • The broker also provides a list of equities, rates, and bonds.

There is a free demo account for investors who wish to ascertain the services of LimeFx before committing their time, money and resources. As your trading partner, LimeFx offers attractive trading conditions as well as handy trading tools and resources to help you realise your LimeFx goals. We loved hearing that you have enjoyed using our trading platform.

How we conduct a broker review

The lower the spread, the higher the liquidity and lower the volatility. LimeFx’s spreads are competitive and simple to understand. When you know the signs of a fake forex service provider, spotting one becomes easy.

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Forex pairs are limited to 83 for U.S. traders, as well as underleveraged gold and silver. Anyone outside of the U.S. will have access to all forex pairs, in addition to CFDs on stocks, commodities, and indexes. Overall, LimeFx’s pricing is transparent and easy to understand, and offers traders of different levels accounts. Customers signing up to LimeFx will have two pricing options based on the account you choose.

Margin Requirements

When trading currency, you are borrowing one currency to purchase another. The rollover rate is the interest charged or earned for holding positions overnight. A rollover interest fee is based on the difference between the interest rates of the traded currencies. The first currency is the base currency, and the second currency is the quote currency. The quote represents how much of the quote currency is needed to get one unit of the base currency.

Can people scam you from forex?

Forex brokers should not promise returns at all, small or large. Simply put, if a broker is promising to make you money, it is a scam. Other common scam practices include advertising pictures of expensive cars that are given away to lucky investors.

Additionally, traders can enjoy in-built news & market analysis and advanced charting tools. Speaking of the charting tools, there are over 70 technical indicators, 10+ timeframes, multiple chart types, 50+ drawing tools and customization features. The WebTrader is also available in iOS and Android version. This article points to the balanced way in which an online broker is assessed when being reviewed.

Markets and products

Considering the regulatory laws of each country, the range of products may also differ. For example, CFDs are not accessible to U.S. customers; however, they are accessible outside the U.S. LimeFx is a well-known brand of GAIN Capital, which is a US-based LimeFx organization.

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LimeFx’s platform has four basic order types with the option of attaching “take profit” and/or “stop loss” orders to them. Additionally, the trader can choose to make the stop loss a trailing stop loss order. The one difference between the web-based and downloadable offering is that guaranteed stop loss orders are only available on the latter and, furthermore, only for U.K./E.U. Standard account and commission account traders may also benefit from the Active Trader Program. The program is open to anyone who opens an account with at least $10,000 or who trades $25 million of volume in a month. The program is not open to DMA account holders, as that account already has volume-based fee reductions.

The information and videos are not an LimeFx recommendation and serve to clarify the market mechanisms. The texts on this page are not an LimeFx recommendation. „LimeFx“ is an amazing trading platform with good conditions for any type of trader. The most common chart types are bar charts and candlestick charts. Although these charts look different, they provide similar information. is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

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It also lets you pick between a light or dark theme and between “one-click” or “two-click” trading. Choose whether you want to use LimeFx’s own trading platform or MetaTrader 4, a third-party trading platform. The stock index CFD fees are low, while stock CFD fees are high.

LimeFx scam

As earlier indicated, LimeFx is a subsidiary of GAIN capital, which is its parent company. GAIN capital was formed in 1999 and operates many other forex trading platforms apart from limefx courses scam LimeFx. GAIN Capital is a very credible company listed ant the New York stock exchange. LimeFx is a very credible trader having been in the industry for almost two decades.

Standard Account 👤

I really like this feature as it is something that I do not see provided often enough by other brokers. LimeFx provides you with powerful tools across all trading platforms to assist with your trading, including advanced charting tools that help you to spot trends and find trading opportunities. LimeFx’s industry leading charts are powered by TradingView and allow you to personalise your workspace to your own style for effective chart analysis. You can get real-time trading signals and analysis tools provided through LimeFx by the industry leading Autochartist and Recognia. These are considered by some professionals in the industry as the best forex signals.

LimeFx scam

Also, be aware that Forex Trading and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. This provider has 69% of retail investor accounts that lost money in trading CFDs. Also, bear in mind the thought of whether you can afford to take the high risk of losing your money.

Note that the content on this site should not be considered LimeFx advice. This site is not intended for use in jurisdictions in which the trading or LimeFxs described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your LimeFx may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence.

How long does it take to withdraw money from LimeFx?

Processing by LimeFx is typically immediate, but the receiving bank may take up to 48 business hours to process.

LimeFx is regulated by many financial authorities, including the top-tier FCA. Its parent company, StoneX Group Inc is listed on the NASDAQ Stock Exchange. Changing the leverage manually is a very useful feature when you want to lower the risk of your trade.Be careful with forex and CFD trading, as the preset leverage levels may be high. Note, that the products and services available to you at LimeFx will depend on your location, and on which of its regulated entities holds your account. Other asset classes, like real stocks or funds, are not available. LimeFx’s desktop platform has the same functions as the web trading platform but lags behind in user-friendliness.

How do you know if the forex is scam?

The first step you should take when you come across a Forex broker or agency is to google their business name. Look for customer reviews on reputable websites. If there are none or they are sound fake, you should stay away from that service provider.

The Company provides access to online trading for clients from more than 200 countries all over the world. The Company’s partners are the licensed European liquidity providers, banks, payment aggregators and systems with which the company has been cooperating for more than 18 years. LimeFx example of range and trend in technical analysisTrade more than 6,000 markets without commissions and professional platforms. The platform is one of the important factors traders look into selecting aForex Broker.LimeFx has developed its own MetaTrader 4 and WebTrader Platform to better serve its clients.

LimeFx scam

Now when i ask support to return my money they say we are unable to pay your withdraw. Hope your company will improve its policy in the future to attract more traders. If you cannot spell or lime fx speak correctly, I doubt your ability to make educated trades. 4- manipulation of bid-ask- spread to steal money from clients. Traders can be charged additional currency conversion charges.

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