LimeFX review: Is Eagle FX a legit or scam broker?

If you are still skeptical, it is possible to start a LimeFX demo account and evaluate the trustworthiness of the platform for yourself. Yes, trading via LimeFX is a nice and decent experience indeed. It’s a great and intuitive platform with useful features for your ease. In addition, you can even obtain access to a huge collection of educational resources and assistive material to kickstart your trading expertise. With a virtual LimeFXdemo account, you can experiment at all, to whatever length you desire.

Newbie traders can open a demo account in order to better understand the areas of Forex trading and test out some of the features before risking a live account. LimeFX offers only one standard account type for all its clients with a very low minimum deposit requirement of just $10, which makes trading readily available to all. Under this trading account, the minimum lot size is 0.01 and the maximum trade size is 1,000 lots.

Does LimeFX offer demo accounts?

Its base of operations is in the Commonwealth of Dominica, a small island nation located in the eastern Caribbean Sea. Withdrawals are completely free and the support team are looking at withdrawal requests hourly to get them processed as quickly as possible. The highlight of this platform is its quick order execution on transactions. It will require you to fill in details pertaining to the credibility and security of your account.

There’s also an economic calendar and news sections that teach clients about future products coming from LimeFX. Another impressive feature that will be extremely helpful to beginner traders is the Guides section. It contains tons of educational materials, whether it’s website guides, MT4 tutorials, or limefx courses scam mobile platform walkthroughs. In short, LimeFX does care about your maximum effectiveness in the market. Well, that’s where the research team of Top Forex Brokers comes in. We systematically conduct broker reviews, no matter how big or small they are, and give you our honest take on their offerings.

All in all, this is going to be a comprehensive overview of LimeFX. And by the end of it, you’ll decide for yourself, whether or not it’s worth trading with this broker. Next up, we’ll explore the website, as well as other software features, of LimeFX. When it comes to the website layout and design, it’s only fair to say that it looks well-optimized. Except for some difficult-to-obtain details, such as spreads or licensing, you can pretty much find anything on this website. Therefore, it would always be ideal to check your email or to contact the broker’s Live Chat that is available 24/7, should you have any pending withdrawals.

LimeFX broker reviews

Islamic traders may also trade on LimeFX, since swap-free accounts are also available. LimeFX offers a free demo account to all its users with unlimited access. The MetaTrader 4 platform features an assortment of analysis tools that work to make trading faster, simpler, and more profitable. Trading straight from inside of the charts is an option, and end-users will have access to plenty of technical indicators to select.

Does LimeFX offer phone customer support?

If you would like to earn profits, you should trade with a broker service that aligns with your LimeFX objectives. We have looked into your query to find out more regarding your issue. It seems as though you used a wrong trade ID which is not BTCUSD, and therefore we weren’t able to find the trade you are referring to. Our customer support team has proceeded to get in touch with you to get some more information, in order to be able to help you further. I haven’t noticed any shenanigans with the candles like you see with some other brokers. My only gripe with them was their high spreads on Gold and exotics like pound/yen, but those spreads have improved dramatically recently.

MetaTrader 4 also known as MT4 is one of the top trading platforms on the planet and has been in active use on financial markets since 2005. Charting functionality and advanced order management tools make certain you could monitor your positions quickly and economically. Our LimeFX account review found that they are a reputable solution for online trading solutions. They are most appropriate for investors who are looking for a variety of assets. Social and easy to use trading options are the core at LimeFX.

Using this trading platform, traders can expect dynamic charting capabilities and a plethora of analytical functions. LimeFX is a Dominican STP and ECN broker with clients who reside in several countries and jurisdictions around the world. LimeFX is well-known for providing attractive and competitive ECN trading conditions with fast and reliable execution speeds. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.

Since LimeFX is relatively new in the foreign exchange community, it has to provide highly competitive spreads to attract potential clients and create a dependable reputation. Indeed, LimeFX has done that to a greater degree, and their reputation vigorously grew. They began by providing truly competitive spreads through the STP or Straight Through Processing tool, which is an electronic system for financial institutions to enable faster transactions. It assists in dampening market liquidity and volatility, which are the two main elements that affect the foreign exchange and CFD spreads. Foreign Exchange markets are open twenty-four hours a day for five days a week, while you can trade in cryptocurrency 24/7. In the MT4 tool, you find particular sessions in asset trading in the specifications option.

LimeFX broker reviews

Traders are offered with access to over 100 tradable financial instruments, spread across several asset classes. The main reasons I chose them is for the wide range of assets the offer – it’s great to have access to crypto and stocks on the same account. Also it’s good to be able to hold your trading balance in BTC for long term growth. Even though LimeFX is still relatively new to the online brokerage business, they have risen in recognition and become successful in their own right. They made a name for themselves for having a user-friendly site and the most effective means to earn money from online trading.

Reliable system created by traders for traders

Live chat is the fastest way to reach them and have general queries resolved in real time. If you don’t have time to chat, you can send them an email and they aim to get back to you on average within 15 minutes. If you would prefer to speak to someone over the phone, you can request a call back and they will be happy to give you a call. The average response time is 4 hours when requesting a call back.

  • Bitcoin is the digital currency with the largest market capitalisation and price levels and dominates 50% of the total crypto market cap.
  • Opinions, market data, and recommendations are subject to change at any time.
  • And, to our surprise, LimeFX does come with high-tier fund protection mechanisms, which is pretty much what a trustworthy regulation is all about.
  • Should you discover a copy website, kindly inform us on our 24/7 customer support via Live Chat, Email or Call-back request and one of our representatives will assist you immediately.

For instance, you can easily select the preferred base currency within the registration panel, as well as choose the trading platform you’d like to use. Whether it’s the lucrative leverage rate or pretty affordable commission rates, LimeFX does distinguish itself as one of the more beneficial brokers in the market. Most Forex Brokers that use the MT4 trading platform, also give you the option to use a free Expert Advisor plugin, which automatically trades for you. If you are interested in seeing some popular trading apps, look here. The website and software support are also on point at LimeFX. You can choose from a decently-diversified account selection, as well as a couple of top-notch trading platforms.

Good Broker, Good Support, Very Happy

Within this review, we’ve attempted to collate some of the vital facets of LimeFX. This guide can help you to understand whether LimeFX is a great match for your LimeFXs or not. We have tried to breakdown all the qualities and charges for your advantage. Our entire LimeFX review for beginners covers everything you need to learn about trading via LimeFX. A fantastic broker can take your first LimeFXs and help to protect it from losses but also give you a platform that can help to give you positive profits.

It has striking visuals, whose user navigation is easy and straightforward. It has favorable feedback and reviews online and is currently available in twenty languages. If you are wondering and may be worried about the standard of security that MT4 has within the LimeFX platform, you shouldn’t be.

Choose from three trade execution modes, including instant execution, as well as market execution, pending, stop orders and a trailing stop function. The low rating and scam accusation for not being regulated is lazy. There is a clear niche for brokers to fill that offer trading conditions internationally that some brokers simply can’t because of oppressive regulation. I’ve got the FCA holding my money for 2 years now while they carry out an investigation in whether an LimeFX should be regulated or not. Anyway this broker is a decent low cost broker that offers good trading conditions, prompt and friendly customer service and crucially pays out the same day.

Can you trade metals with LimeFX?

However, Dominica is a notorious offshore zone that does not regulate forex. So currently LimeFX is not regulated or not overseen by any financial regulator. During the LimeFX sign in procedure, you can choose to trade with a demo account. This will help you put your skills and knowledge to test in a realistic market. And, what’s also important, you’re not spending anything on this type of trading. Account segregation – whenever you deposit funds on your account or generate profits on it, they’ll be stored on separate bank accounts.

You will find some ‘how-to guides’ on processes such as depositing, transferring funds to trading accounts, how to execute a trade and much more. There is nothing too ground breaking here in my opinion but I am sure the absolute beginners will find something useful to help them get started. If you are looking for even more educational content, IronFX have a good amount of videos and guides. By trading with securities you are taking a high degree of risk.

The waiting time for a withdrawal payment to post also based on the selected method of payment. Note that withdrawals are paid out using the same payment method that was used to fund the account. So, for example, if you deposit with a speedy Bitcoin payment, you can expect an equally quick withdrawal.

MetaTrader 4 comes with a variety of powerful interactive charts provided in different styles and in multiple timeframes. There is a plethora of analytical functions that traders can use to refine their trading, including technical indicators and a variety of drawing objects. The MetaTrader 4 trading platform is available for use by all traders regardless of whether they are beginners or professionals.

LimeFX caters to all sorts of traders and are a must-have broker for almost any well-diversified method of online trading. In this fast-paced universe of financial markets and online trading, you will need advice to make proper decisions. A professional, direct LimeFX online broker could help you in minimising any losses and maximising any returns. It’s important to understand all you can about any broker until you trust them with your money. At LimeFX we never demand money in order to process client withdrawals and any platform that does cannot be the true LimeFX. Please ensure you are only visiting , any variation on that web address may result in a copy website, created by bad actors to mislead people.

They charge fees of varying rates for a variety of services to earn money. There are primarily three different types of penalties for this purpose. However, ensure you understand how to make the most of your cash before investing in larger amounts.