The lack of two-factor authentication in limefx scam both Metatrader versions adds a security hole that needs to be fixed. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.35% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Started trading over a year ago but have learnt a lot while trading. The strategy, psychology, the emotions when things go bad and when things go right. Taught me a lot about myself.Had 1 issue with my payout, got resolved by talking to support, thankfully the money got returned to them so they could send it back to me. Glad it was resolved professionally and without anyone blaming anyone else. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet.
Name a trader who doesn’t know the…
The broker offers you to choose among multiple chart and order types, manage orders, positions & equity online, use advanced charting and indicators and more. But the amount of trading tools is poor enough. LimeFX is a leading forex, commodities, and metals broker, offering trade execution speeds accessible to retail and institutional traders alike. So they provide 6 different asset classes and those have many intruments in them.
- The trading infrastructure here is full of modern tools and software that are usually adored by traders.
- LimeFX provides 24/5 customer support through email and live chat to all the users and active clients from 180+ countries.
- It has a fast and secure trading platform, webtrader interface, solid array of assets for trading and quite favorable conditions for depositing and withdrawing money.
- Unfortunately, that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive.
- The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.
Compare LimeFX Features With Other Brokers
Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFX Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format. However, stale and outdated information undermines the app’s enormous potential, with the most recent entries going back several years in some cases. Daily videos stopped abruptly in late fall 2018. The “Live Economic News” showed up to date reports, but “Live Currency Quotes” produced a dead link. The “Intraday Comment” section had a single 18-month old entry about the Eurozone.
LimeFX is a big scam broker
STP/ECN accounts are cool because leverage isn’t big while spreads are narrow, especially on absolute zero. The analytical tools and the huge variety of tradableinstruments corresponds to my strategic approach perfectly. I have also beenenjoying the Competitive spreads and customer service since I invested with this broker. Hello Durand,Thank you for sharing your positive feedback about the variety of trading accounts available at LimeFX. The platform certainly deserves attention from traders. It has a fast and secure trading platform, webtrader interface, solid array of assets for trading and quite favorable conditions for depositing and withdrawing money.
LimeFX lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders. An extensive website section is devoted to trader education, which makes LimeFX suitable for beginners. LimeFX limefx scammers provides 24/5 support, email, and live chat for prospective and existing clients in over 180 countries and in 30 different languages, and in chat was responsive during several contact attempts. X (formerly Twitter) and Meta portals are active and populated. A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact.
I am glad that I once tried services offered by the LimeFX broker. The trading infrastructure here is full of modern tools and software that are usually adored by traders. For instance, MetaTrader 4 is the most optimal option for both trading manually and engage in algo trading. The only downside – absence of cryptocurrencies for trading. LimeFX is a real broker offering trading services in forex, commodities, shares, and more across over 180 countries globally. It has been in operation since 2010 and is regulated by several financial authorities, thus proving that it is a real CFD broker.
MT4 trading platform is the best for me because of the abundance of different functions, opportunity to modify the order right when you open it, apply indicators, track volumes and other stuff. Other than that, the set of tradable assets is also appealing, trade any you get used to. Perhaps, the website is quite poor in terms of information, but it’s not a very serious trouble. I decided to try this broker recently and I was impressed by the account options. As with all Micro, Standard, and even VIP accounts they’ve got a tool for every kind of dealer. Being in this industry for a while, I realized their prices were low, and the account creation procedure was easier.