This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition. They make it virtually impossible to withdraw your money. They have failed my withdrawal request via both bank transfer and card transfer. I’m not sure if they are scammers or just some backyard operators.
However, the broker decided to leave the jurisdiction of certain regulatory bodies, and a number of its offices were closed. If you want to trade U.S. stocks as CFDs with LimeFx, then Yes. If you are looking to trade non-CFD stocks (and own the underlying asset or stock), then No. The secure LimeFx back office handles all financial transactions for verified clients. LimeFx received numerous awards for various aspects of its competitive trading environment. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability.
- Learn more about how we review products and read our advertiser disclosure for how we make money.
- We have conducted a detailed study of LimeFx brokerage and its trading platforms, the purpose of which was to highlight the pros and cons of using the services of this broker.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- This app provides access to a range of advanced trading features, allowing LimeFx traders to stay on top of their trades and react quickly to changes in the market.
These services require significant investment, and in turn, LimeFx may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall LimeFx trading profitability. LimeFx is an online, multi-asset broker best known for forex trading. Once registered, https://limefx.name/ users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report LimeFx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods.
The broker is also holding the Iron Worlds Championship, a trading competition with a $1,000,000 prize pool. The Micro account registration is completed in three easy steps and provides traders with a bespoke environment offering the largest selection of trading instruments and best-of-market spreads. With the Micro account traders instantly obtain access to trading via ten platforms. The minimum required deposit is $100, and its base currencies include HUF, CZK, PLN, RUB, JPY, AUD, GBP, EUR, CHF, EUR and USD.
LimeFx Leverage
I want to caution beginner traders when using demo trading as a simulation tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Trading in Forex/ CFDs and Other Derivatives is highly speculative and carries a high level of risk.
So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop. So now your withdrawal will be denied as your trading.This just goes on and on. To put bluntly you have done your money and when you complain you get a call no it can’t be stopped but if you deposit some you may get a profit.
How long do LimeFx withdrawals take?
It grew by 10% overnight and then got continually harassed to deposit a minimum of £5000. It never credited my account and I was told they had lost all of it in a deal, although the money was showing in my trading account. I have reported to Financial Ombudsman and opening a fraud case. Hi scammed by limefx Kanisorn,Thank you so much for your positive review! 🦾 We appeciate it 😊😊We hope we continue to meet your expectations here at LimeFx! Withdrawal options are the same as deposits and include M.O.T.O, JCB Card, WebMoney, Neteller, Bank Wire, Skrill, Debit Cards as well as Credit Cards.
Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. LimeFx remains a good choice for experienced forex traders looking to trade with fixed or floating spreads. The range of 80+ currencies is more than many competitors and there are some excellent forex market research tools on offer. LimeFx is an online forex broker that offers trading in currency pairs, contracts for difference (CFDs), commodities, indices, futures, shares, gold, silver and oil. LimeFx operates as a brand of Notesco Ltd which is registered in Bermuda.
LimeFx Verdict
If you’re interested in comparing LimeFx against other popular brokers in the industry, check out our LimeFx Vs pages. 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. Throughout our comprehensive LimeFx review, we have covered a lot of ground and provided an in-depth analysis of the platform’s features and functionality. Stop-loss orders are especially important for LimeFx traders not hedging their positions or using leverage, as they can be more vulnerable to significant losses. However, the circumstances in which an LimeFx trader should use a stop-loss order can vary depending on the specific trade and market conditions.
One such bonus is the opportunity to participate in exclusive trading competitions with unique rewards and cash prizes. These competitions are available for both live and demo trading accounts. They are a great way to test and develop your trading skills.One of the most exciting competitions offered by LimeFx is the Grand Trading Prix. This trading competition is set to take place over three months, starting on 3rd April 2023 and ending on 30th June 2023.
Instead, customers have access to the MetaTrader 4 platform. With that said, the brokerage does have plans to introduce MT5 in the future. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator.