As usual, all of these assets are offered as leveraged contracts-for-difference . However, this doesn’t necessarily mean that Eagle FX is a scam broker. As we’ll further explore, it offers high-powered fund protection mechanisms that ensure your stability and safety in the market. Besides, LimeFx still features comprehensive educational materials, as well as anti-money laundering schemes, that have always been characteristic to regulated brokers. One of the defining features for any exchange is the security systems provided to defend clients. Luckily, traders don’t need to have any worries with LimeFx.

On ForexPeaceArmythey have a score of 4/5 stars, with a decent amount of reviews from traders that are thrilled with the conditions and have no problems. Payoneer, an American financial services company, offers online money transfer and digital payment services. LimeFx offers demo accounts for the ease of beginner traders. You may use this feature to build your faith in the system and yourself and your trading strategies. Apart from trading charges, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts.

The BTC deposit system was easy enough as I was used to crypto but if it isn’t the customer service are good so ask them to help and I’m sure they will. Withdrawal times are on point too and rarely take more than a few hours. I have been using these for a long time, originally for the crypto as they have all the cryptos you can think of and I can trade it with leverage. After a while decided to try them out for forex as well as again they have proper leverage and wasn’t disappointed.

We’ve attempted to breakdown all of the features and fees for your convenience. If you’re a new entrant in the world of online trading and brokerages, so many facts will no doubt be perplexing for you. Getting into the world of trading online demands lime fx expert analytical skills and thorough understanding. You’ll get adept at all the concepts of trading online and brokerages as you keep trading. For starters, you need to choose the right online trading platform who’ll always be transparent with you.

An email is a great option too, but it might take a bit longer – at least 15 minutes to get an email back. Not to mention that it also uses a lot of analysis tools and charting tools that help people trade without necessarily being experts. Also, it’s possible to install other third-party algorithms or custom ones if you want to get involved in personal trading. Overall, both versions work smoothly, and we had a good time using them for trading on both types of accounts. LimeFx has multiple fees and the people who intend to use the platform should know about them. Otherwise, if there is no regulatory body supervising the trades, the brokers are performing these actions at their own discretion, meaning that what you invest will not be safe.

• LimeFx has been open for only a few months, quickly ramping up their services to compete with the most important names in the market.
• The cost of trading varies depending on the account selected, and instrument acquired.
• FX Majors minors Indices and the selection of Crypto pairs on one platform means I can do all my trading on one broker.

That may not be enough to convince you, especially when paired with the fact the broker is new. This is why we’ll dive into this company and see what it’s capable of, and whether it’s a scam or not. The educational ground proposed by this broker seems to be pretty appealing. I found much new information about different peculiarities connecting to day trading. I had to chat with customer support once, they are very responsive and cooperative. LimeFx processed withdrawal within a day, even during the weekend.

It simplifies this status to its incredible platform and broad range of resources plus tools so that you can put money into capital markets. The reason that LimeFx asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, LimeFx has to be careful that they don’t breach any money laundering laws and part of that is know as KYC . This means that at all times, LimeFx must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

Claim your listing for free to respond to reviews, update your profile and manage your listing. Got started on LimeFx to trade Crypto over the weekends mainly, and have been very happy using this broker. It’s fantastic, really is – super impressed with the service so far, and they actually share valuable info to help you trade.

DEPOSITS AND WITHDRAWALS

Moreover, the withdrawn money will be transferred directly to the account you use to create deposits. LimeFx charges a withdrawal fee when you make a bank transfer. Every time you move money back into your bank account, these withdrawal charges become applicable.

The Payoneer debit card allows money to be used online or at point-of-sale with the Payoneer debit cards. This company is a specialist in cross-border B2B transactions. The company facilitates cross-border transactions in more than 200 countries and territories, as well as more than 150 local currencies. It also offers cross-border wire transfers, online payments and refillable debit cards services.

Deposits & Withdrawals

They have around 19 employees that help the company offer Financial Markets Access, to 5,000+ clients through MT4, Web Trader, Tablet & Mobile apps. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Please read LimeFx Reviews below and share live trading experiences with this broker. Trade CFDs on an award-winning broker to discover why thousands choose to partner with LimeFx. Benefit from multiple assets across different categories with high leverage and ultra-low spreads.

From the first days of using the platform, I realized it suited my trading style. I’ve been trading on the MetaTrader 4 platform for several years. Then I made a decision to try trading on another platform of the broker. It’s actually part of the comfortable trading experience with the broker. First thing that everyone should know is that it’s a very reliable broker. Skilled day merchants and buyers perceive the significance of solely buying and selling with a licensed and controlled Foreign exchange Forex Broker.

When engaging in online trading with platforms such as LimeFx, it’s crucial to carefully assess LimeFx as your broker, as this choice can significantly impact your success. Selecting the right broker is vital for your LimeFx LimeFxs to prosper. However, be cautious of bogus and untrustworthy brokers hiding in the shadows, ready to exploit naive traders. Within the fast-paced world of financial markets and trading, you will need advice to make proper decisions. A professional, direct LimeFx plan could aid you in minimising any losses and maximising any returns. It is important that you understand all you can about any broker before you trust them with your money.

Is LimeFx regulated?

Yes, trading through LimeFx is a pleasant and good experience indeed. It is a great and intuitive platform with useful features for your simplicity. Moreover, you could even obtain access to a vast selection of educational resources and assistive material to kickstart your trading expertise. Other deposit methods you can adopt are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity also, though it takes approximately 4-7 days.

LimeFx are a reliable broker which I use for forex and 24/7 crypto. I have not had any issues with deposits and withdrawals, where I always use bitcoin. The customer service team is also more helpful than other brokers I have used. One defining aspect to an online exchange is their support options for clientele. Luckily, LimeFx maintains a fully operational support team that’s available 24/7.

All of the information about the brokers you see reviewed on comparebrokers.org come from our partners, some of whom we have an affiliate relationship with. The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. ScamBroker.com is a broker reviews website, and does not offer any investing advice or service. Nothing on this website should be considered a recommendation or endorsement.

Maximum leverage

In conclusion, the trading conditions offered by LimeFx are perfect for forex traders, especially beginners and scalpers. The tight spreads, tier 1 liquidity, rapid execution speeds and high leverage make it a truly great broker, condition wise. Beginners can benefit from the minimum deposit of just $10, making it a great platform to practice and learn on. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate.

We do not recommend or advise that investors buy or sell securities or stocks. Deposits to the live trading account can be made in EUR, GBP, USD, https://limefx.vip/ and Bitcoin . That said, LimeFx does provide certain security measures, such as providing Bitcoin Cold Storage to safeguard client funds.

LimeFx warns that margin trading involves the potential for profit as well as the risk of loss. Apart from the lack of regulation, there is a lot of missing information on the official website which may label LimeFx as a scam broker. This also means that client fund security cannot be guaranteed, even though LimeFx claims that it goes to great lengths to ensure client fund security by using multiple measures. Ripple is popular among big banks with the Ripple network a next generation real-time gross settlement system. LimeFx charges commissions from $6 per lot, round turn when trading. Ultimately, our rigorous data validation process yields an error rate of less than 0.1% each year, providing site visitors with quality data they can trust.

LimeFx is a foreign exchange broker headquartered in Dominica and provides a variety of instruments for trading. Since its start in 2019 they have emerged as a top-tier player in the industry of online trading. LimeFx has a highly professional and full-featured trading website that is focused on currency, indices, metals, stocks , commodities.

TRADING PLATFORMS, SOFTWARE, AND ITS FEATURES

I’ve paid over $50k to this bank broker to get my “so called” funds, and fees continue to be asked after I’ve been promised by Eagle there would be no more fees. I’ve wiped out my little retirement fund as limefx company reviews well as my husband’s to try and get my funds. It has been almost 1 1/2 months since I should have received my funds. I’m now bankrupt and Mutuelbnunion is still demanding more more fees, that I don’t have.