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LimeFx Review ? Safe or Scam Revealed Updated 2024*

LimeFx scam

In this case the domain registration bureau used by this domain is such a well-reputed registar. An SSL certificate is used to secure communication between your computer and the website. A free one is also available and this one is used by online scammers. Still, not having an SSL certificate is worse than having one, especially if you have to enter your contact details. We discovered that the domain of this website has been registered several years ago.

Does LimeFx Offer Negative Balance Protection?

If you ever have questions or need assistance in navigating these options, our support team is here to help. Happy trading, and thank you for recommending LimeFx as a broker of choice! LimeFx offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage.

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  • An SSL certificate is used to secure communication between your computer and the website.
  • Be mindful of these charges, impacting your overall LimeFx trading profitability.
  • While LimeFx offers sizable first deposit bonuses, that bonus money cannot be withdrawn.
  • Friendly representatives are hand to answer all of your questions 24 hours a day, 5 days a week via phone, email, and online chat.
  • Check my small victory on this platform.Yesterday closed my first successful deal trading major forex pairs!

They have created a community that offers a customized experience that transcends the numbers and appreciates education and diversity. I think the right answer to this question is the abundance of services it offers. With Negative balance protection, traders cannot lose more money than they have deposited. To start the process of opening an account with LimeFx you can visit the LimeFx trading platform here.Your capital is at riskYou should consider whether you can afford to take the high risk of losing your money. As part of our LimeFx review, we review customer service options, response times and problem resolution effectiveness on the LimeFx trading platform. Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature.

Deposit and Withdrawal Fees

LimeFx was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide.

Education Resources at LimeFx

One of the most remarkable things we found was how many trading instruments they provide. Although forex pairs are a given, LimeFx offers spot metals and indices in addition to the standard instruments, giving traders looking to diversify their portfolio a world of options. While LimeFx offers sizable first deposit limefx scam bonuses, that bonus money cannot be withdrawn. Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market.

LimeFx scam

Special Features

Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets. He is a long-time active investor and engages in research on emerging markets like cryptocurrency. Jeff holds a Bachelor’s https://limefx.biz/ Degree in English Literature with a minor in Philosophy from San Francisco State University. Be very very careful working with this very unprofessional company. But have very misleading support and they are keen to rip you off with fees not stated and with marketing strategies.

Our diverse range of account types is designed to cater to various trading styles, and we’re thrilled that you were able to identify the right fit for your intraday trading with RSI and moving averages. If you ever have more insights to share or if there’s anything else we can assist you with, feel free to reach out. Wishing you continued success in your trading endeavors! Yes, LimeFx offers swap-free Islamic accounts that adhere to Sharia law, making them ideal for Muslim traders. Our analysis of LimeFx uncovers a broker that serves a wide variety of traders, ranging from novices to experienced professionals. Yes, LimeFx offers telephonic support, allowing traders to contact customer service representatives and receive immediate assistance.

The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFx. Gain trust and grow your business with customer reviews. It depends on account conditions and particular asset, but I saw the tightest spread on XAU/USD equal to 0,35. But you should visit official website to get more information I think. Paiva stepped in and turned my investment into a great achievement.

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. With a diverse range of trading instruments, various account types, and an abundance of educational resources, they offer a complete trading experience.

The MetaTrader 5 platform is not currently available at LimeFx. 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. The broker launched TradeCopier with which traders can either register as Strategy Providers, get copied and earn a performance fee or as Strategy Followers, where they can copy top-performing strategies and get rewarded.

The leverage and minimum deposit requirements are identical to the Standard Account’s, assuring accessibility while providing an enhanced trading experience. The LimeFx Standard account is the starting point for many traders looking to take advantage of LimeFx’s diverse market offerings. What immediately stands out is the lack of commissions, making it a financially wise option for beginners or those who prefer a clear approach to trading costs. In a saturated broker market, LimeFx is an excellent option for traders.

In other words, LimeFx leverage profits and losses are magnified when trading. For instance, using CFDs, you use the LimeFx trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. CFD trading on LimeFx allows traders to speculate on the price movements of various financial instruments against the broker LimeFx, without actually owning real assets. With CFDs, LimeFx traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

This allows you to trade indices on various markets across the globe with deep market liquidity and easy to use trading platforms. LimeFx clients can benefit from trading over 300 trading instruments from 6 asset classes on the MT4 platform, via desktop, iOS/Android mobile devices, or the in-house developed WebTrader directly from a modern web browser. They provide fast trade execution speeds with no requotes and spread starting from just 0.0 pips. I think the desktop version of the platform is great for running automated systems (expert advisors) whereas the mobile trading app is perfect for taking the markets everywhere with you in your pocket. LimeFx are renowned for their high-quality trading execution which they consistently look to improve by investing in technology advancements.

However, we would like to clarify that LimeFx does not engage in any fraudulent or manipulative practices. This will enable us to identify any possible issues and address them accordingly.Regarding your mention of an account manager, please note that we do not offer any account management services. Millions of people worldwide use Android mobile devices and tablets, and LimeFx offers its clients access to the MetaTrader 4 platform on these devices.

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