Keep riding the wave of comfortable and profitable trading with them! Run away of this fraudulet company, they will stole your deposit and make trades without your authorization like they did to me, lost 350€, please report it to the authorityes in your country. LimeFx has everything a proper broker needs to have across the board.

At LimeFx, we strive to provide accessible and cost-effective trading solutions for traders of all levels, including beginners. We understand that these aspects are indeed crucial, especially for those starting their trading journey. Your feedback is important to us, and we’ll continue to focus on maintaining transparency and affordability in our services. If you have any more insights or questions, please feel free to share them. Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers.

  • Regulatory bodies protect traders through reimbursement schemes in case of LimeFx going into insolvency.
  • We hope you found our review of the LimeFx brokerage firm useful.
  • Once completed, LimeFx users can download the trading platform of their choice.
  • LimeFx allows traders to trade on mobile devices
    through Android and iOS devices like the iPhone.
  • TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs.

Negative balance protection is important for traders using leverage on platforms like LimeFx. In an unfavourable market move, leverage can result in a loss that exceeds the trader’s account balance, leaving them with a negative account balance. If a LimeFx trading position does not go in your favour, this is where negative balance protection comes in handy. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time. The LimeFx MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give LimeFx traders detailed market tools.

How many people use LimeFx?

Demo trading accounts like the LimeFx demo account can help individuals to make informed decisions before investing their money. It’s important for LimeFx traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that LimeFx losses are limited to the funds available in your LimeFx account when negative balance protection is in place. In the trading world, brokers like LimeFx, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.

We’re delighted to hear that you’ve found our extensive selection of trading instruments and well-structured account types impressive. Our goal is to offer a wide range of options to cater to traders of all experience levels. If you ever have more feedback or questions, please feel free to reach out. We’re committed to continually improving and providing top-notch services to our clients.

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a limefx scam British and American Studies degree from St. Kliment Ochridski University in Sofia. There are not many brokers that offer education to traders, and there are even fewer that offer this quality of education, and service.

  • LimeFx provides a demo account that enables individuals to explore trading before investing their funds.
  • The support team was helpful and provided us with the necessary information.
  • The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link.
  • You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
  • Choosing or shortlisting a trading platform like LimeFx can be time consuming.

This commitment to education underscores LimeFx’s dedication to empowering its user base. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns.

It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.

Is LimeFx a market maker?

Please be aware that trading in financial assets with LimeFx carries a risk of loss. LimeFx trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex, CFDs, Social Trading due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.

Does LimeFx offer a demo account?

And the probability that such analysis is correct is extremely high. Hello Biren,

We’re thrilled to hear that our educational resources have left such a positive impression on you! Continuous learning is a key aspect of trading success, and we’re here to provide you with the knowledge and clarity you need to excel in your trading journey. If you ever have any questions or need further guidance, please don’t hesitate to reach out. We’re here to support you as you continue to grow and improve as a trader. Want to share some thoughts of their privileged services which are for those who enter the market with way bigger sums than minimum deposit.

Does LimeFx allow hedging?

That’s why we’ve compiled this detailed LimeFx review with some important information that will hopefully make you more informed when online trading with LimeFx. Since 2010 we provide our valuable customers with best-in-class platforms and tools, professional-grade execution, and industry-leading customer service. To investigate further, please contact us directly on Sitejabber and provide your personal details.

Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Although traders have had great success with LimeFx, trading on the financial markets with LimeFx is not a get-rich scheme.

Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform’s various features and benefits, especially with a complex trading platform like LimeFx. The trading school was the feature that attracted me to begin with. Honestly I have never seen the educational section of the forex broker that would be so insightful and packed with valuable information.And by the way it’s not just about basic trading knowledge for newbies. In addition the broker holds webinars regularly to share the insights with everybody interested.I can apply all the knowledge right away so this can be considered as a full-fledged trading ecosystem. It includes everything inside, so I don’t have to search for additional data elsewhere.

We tested the effectiveness of communicating with LimeFx support in multiple languages and countries. Our customer issues were resolved promptly by the LimeFx support team, proving their ability to efficiently and effectively support customers in diverse locations and languages. While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with LimeFx, before live trading.

We hope you found our review of the LimeFx brokerage firm useful. Withdrawing money from LimeFx processing time varies depending on the method but averages 1-5 days. Overall, while the phone support experience was satisfactory, there is still room for improvement. LimeFx have grade A support rating because LimeFx offer over three languages. You can trade a wide variety of instruments with LimeFx
over 100 instruments in fact.

The task becomes even more daunting when considering the vast number of online brokers like LimeFx available, each with unique features, fees, and regulations. Education is a cornerstone of LimeFx’s approach, evident in its offering of valuable resources. Through webinars and educational articles, the platform equips traders with knowledge to enhance their trading skills and refine their strategies.