LimeFx provides negative balance protectionfor forex spot and CFD trading, but only for all its clients. Changing the leverage is a very useful feature when you want to lower the risk of your trade. Be careful with forex and CFD trading, as preset leverage levels may be too high. LimeFx’s forex product selection lags behind some of its competitors. This holds for the stock index and commodity CFD product offering as well, while the number of stock CFDs is low compared to competitors.
When trading with ForexTime on MT4, you can also take advantage of various trading indicators. These include an Orders Indicator, Pip Value Calculator, Pivots SR Levels, Spread Indicator, Market Data to CSV, and Day Bar Info Indicator. There is a free sample of this quarterly market outlook available for non-clients. Clients can download the full PDF without any additional cost. Those who prefer videos over reading will appreciate the daily market analysis videos.
Fraudulent closing of trade high above stoploss
Thanks to the vast offer of accounts, beginners and professional traders can be happy with this platform. The amount of money offered on the demo account allows every user to open as many LimeFxs as possible, because the minimum trade is only 0,01 lots. The Market Execution option means that LimeFx are merely acting as a buffer between your account and the market and sending the trade via Straight Through Processing . This type of execution is preferred by many professional level traders as it removes the aforementioned conflict being a possibility, and results in vastly reduced spreads.
This practice is contrary to both the norms and corporate ethics of our Company. We have never intervened or interfered with Clients’ trading. Please be informed that spread offered on our accounts is floating and depends on the trading account type, as well as on the market conditions.
Most online payment processors will credit accounts instantly after LimeFx has completed the withdrawal. The costs depend on the account type, asset, and trading volume, where the commission-based option features the lowest trading costs starting from $4.00 per 1 standard lot in the EUR/USD down to $0.80. They include bank wires and a broad range of domestic banking solutions for countries, which I find excellent.
If you have any specific issues or need any assistance at all, we’re here for you. Scalping, News Spike Trading and Expert Advisors are supported. Investors may choose to follow successful traders through managed account services. Wide spectrum of trading education materials is provided. Whether you’re just starting out as a forex trader or have been trading for years, LimeFx can fit your needs and provide excellent forex brokerage services regardless of your level of expertise. Other educational resources from ForexTime include the forex glossary, an introduction to forex trading, forex trading for beginners, a demo account.
Top 3 Forex Brokers
Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.
Whether you’re an experienced trader or completely new to it, we’re here to help you find freedom in the financial markets. The group’s global network of offices and regulations spans Europe, Africa, Asia limefx broker reviews and Latin America, and we have already attracted over 3 million clients across 180 countries. If a broker can’t pay a referral then it cant give you your money on withdrawals from trading accounts.
The company was founded in 2011 and after that became one of the global leaders for the Forex industry. To enter into details, the broker has got several licences from different regulation authorities. The broker Forextime is regulated to operate all over the world. It can accept clients from Europe, Latin America, Australia, New Zealand, Africa and Asia. LimeFx is a leading Forex and CFDs trading platform founded in 2011.
Does LimeFx take Perfect Money?
In terms of statistics related to clients and customer service, the average wait time is less than 12 minutes. More than 84 percent of client funds are processed within just five minutes. LimeFx receives feedback that is more than 90 percent positive.
Prices of different instruments are quoted from various liquidity providers. Different brokers will have different trading conditions and competitiveness. LimeFx quotes price directly from liquidity providers with the most competitive prices, hence it is floating spread. On our Advantage and Advantage Plus accounts, orders are executed at the current market quotes, each separately taken position is automatically brought to the external market. There can be no conflict of interest between the Company and the Client since the Client’s financial result does not in any way affect the Company’s profit. In addition to forex, CFDs, commodity, indices and spot metals trading, LimeFx offers different account types to fit just about any kind of trader.
That being said, this is an interesting topic to consider, as it can be that by only using the minimum deposit you are going to make it more difficult to stick to a good risk management strategy. This is due to the minimum position sizes that you can open with any broker, not exclusive to LimeFx, and actually make it hard for you to execute a trade that does not total your full account value. We cover this topic of broker minimum deposits more broadly separately. Officially, the LimeFx minimum deposit is $5 but this does vary a little between account types, and then there is the question as to how effective you can be with a trading plan on these lower levels. The speed at which deposits and withdrawals are actioned by LimeFx are really positive and it must be said on review that it is completely viable to make both deposit and withdrawal with no cost.
So Once i bought on eurusd in two different account and put my stop loss in same pips.. What i saw was that LimeFx account hit my stop loss whereas other account was in profit.. Need a good and reasonalble feedback from your management as im funding and trading my money to your company. This is not the real LimeFx website… I have been trade with them on and off for 5 years. Apart from the positive and high regard from the clients in terms of its good reputation, LimeFx also supports a great range of languages, so you always may count on help whenever you needed it.
- This market is worth over $6 trillion daily, with central and private banks, hedge funds, traders, and travelers worldwide open 24 hours a day, 5.5 days per week exchanging money at different prices.
- Please specify what difficulties you have faced when making a withdrawal by emailing us to We will be glad to check the information and provide you with a response.
- LimeFx offers full integration with your normal desktop platform and allows to open or close positions across multiple devices in a matter of seconds with 1 click.
- Till this day I had the best experience with them I hope this continues to the future.
Please note that all withdrawals are processed and sent from our side within a maximum of 24 working hours, as long as your LimeFx Account & Payment Method is completely verified. When I read these reviews much different experiences, limefx reviews I don’t know really to continue or not. We always do our best to ensure our payment process is as smooth as possible. We need to adhere to certain payment rules and conditions and our team is aware of your situation.
I have been with LimeFx for a number of…
The reason smart investors will always choose a licensed broker instead of a scam broker, is because you want to trade and not worry about the financial stability of you broker. There have been reports of scammers approaching companies via Telegram, LinkedIn and Other Social platforms purporting to represent Blockonomi and offer advertising offers. Please always make contact with us via our contact page here. Overall, ForexTime is a very solid company with good regulations, competitive spreads and a well maintained platform.
Opening an account is free and the broker offers many tutorials to help people learn trading. It can be a great idea to build trust and experience within any platform by taking advantage of the low minimum deposit offered. This way you are minimizing your exposure to the broker, and building some experience on how the platform and accounts function without so much of your own capital at risk. Considering the higher range of minimum deposit at LimeFx even on ECN with other brokers on the market, it is a still a very low entry level.
A valid mobile phone number is necessary to open an account. At the time of this review, LimeFx maintains a refer-a-friend campaign. Traders and their referrals can each get $50 for a referral.
ForexTime Market Analysis
You can view the specific floating commission rates under Trading Accounts on the Commissions page. You will also find commissions for stock trading https://limefx.biz/ via PRO MT5 here. ForexTime prides itself on offering excellent trading terms. There is fast execution and the availability of micro and mini lots.
We ranked LimeFx’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. LimeFx education is one of the best we see in the industry, so this point is definitely well organised and highly recommended for new traders. LimeFx enjoys positive feedback from clients in terms of its good reputation, LimeFx also supports a great range of languages, so you always may count on help whenever you need it. Or you may follow the Social Trading leaderboards and trade manually.
Although ForexTime is one of the newer brokers, it has been growing at a fast pace and has earned numerous awards in it’s lifetime. ForexTime is well regarded in the industry with competitive spreads and is regulated in the UK by the FCA and Cyprus by CySec. ForexTime is a forex broker geared to a range of skill levels which was founded back in 2011 by Andrey Dashin. Please specify what difficulties you have faced when making a withdrawal by emailing us to We will be glad to check the information and provide you with a response.