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LimeFX is strictly compliant with all European Union regulations, notably data protection laws. This is included in the GDPR guidance for EU clients. FXTB is widely regarded as a leading CFD forex broker. FXTB, or LimeFX, is a respected provider of CFD forex trading services. This broker is CySEC regulated, and available to traders on PC, Mac, and mobile devices. FXTB utilizes cutting-edge technology to provide condensed, to-the-point data for traders.
The exact amount depends on market conditions. Open an account today to experience the benefits of LimeFX. In order to install custom indicators go to File-Open Data Folder-MLQ4-Indicators.
- However, for the last time a slew of new promising companies appeared and we can be among the first buyers of their stocks.
- We are very happy to read that you are satisfied with our Brand.
- Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
- The bonusless brokers sometimes run some promotions which can be rewarding for traders, but there is no regular bonus.
- Further, credit card deposits can be verified by transmitting images of the front/back of the card and covering the first 12 digits of the credit card number and the CVV code.
- Therefore, I decided to compare them with other brokers and found the truth … he faked the data and all the incoming information about what to earn on his users.
Customers only need to navigate through a few screens where they submit some details and choose the type of account they want to sign up for. There is a fairly high inactivity fee for those who stop trading for any reason. CIF”) to provide the services and activities included in this document in accordance with the LimeFX Services and Activities and Regulated Markets Law of 2017. I have not yet had a chance to contact the technical support, I cannot say anything about it, I have not found any disadvantages. Now I completed my long-lasting test and am ready to put all this stuff in practice.
I like to trade digital coins here
And the worst part is that retail traders do not get negative account protection. The likelihood of not just losing all your money but also owing LimeFX cash is high. LimeFX only provides professional clients with negative account protection.
Demo account is available for traders who wish to practice strategies and acquaint themselves with the broker. The demo account is free to open, and traders can practice for as long as they want with a refillable $100,000 balance. LimeFX offers trading education on its website. This education covers the important areas, such as definition of terms, technical and fundamental analysis, leverage and margin, etc.
FXTB Broker Review
I chose this company to test my custom indicator I create for Metatrader 4. I deposited $300 on the Basic account and test this stuff every day. I’m planning to test indicators for several months. Some people use demo accounts to test indicators, but I do this on real ones because it creates a more realistic condition with a strong psychological factor as it should be. Here the platform is free, and a demo account is unlimited.
Considering the exploitative fees charged by LimeFX, a retail trader is likely to end up with a negative account balance. The Cyprus regulator requires brokers to disclose the risk involved in trading. The risk disclosure on LimeFX’s site states that over 70% of investors lose money when trading in CFDs with this trader. The customer limefx courses scam support is pretty much standard just a single detail stands out form other support teams. Namely, Forex TB has no live chat and offers only e-mail, phone line, and an online request form on their website. The request form requires you also to leave your contact details to the broker, which can be a good thing but also exhausting.
My practical experience with the broker showed that it’s true. We are very happy to read that you are satisfied with our Brand. Please do not hesitate to contact us at support- for any assistance you may need. Also LimeFX provides a mobile version of its WebTrader platform.
- Besides this, the very fact that it’s regulated by cySEC makes me trust this broker.
- This allows clients to take advantage of the market via the super-fast platform.
- LimeFX offers traders a choice of platforms, across multiple devices and browsers.
- This will open an information block with an option to “Close” the trade.Click on the button and a pop up prompt will ask you to confirm your decision.
- From what we gathered, the total amount of fees charged by LimeFX is likely to end up exceeding the amount of deposit you make.
Basic account holders can make one withdrawal for free, with charges each time you withdraw from then on. FXTB is an STP Forex Broker also with high standards of secure trading environment, as of the regulation it imposes. The offering to the clients is wide and even comprehensive since it proposes the same if not more LimeFX opportunities to the world trading community. Further, in our FXTB review, we will see more of the details and conditions FXTB proposes so that you’ll be able to decide whether this broker is good for you. At FXTB, traders at all levels can trade popular commodities with variable spreads as well as stock CFDs with tight spreads. The broker provides good trading opportunities.
How do I know I can trust these reviews about LimeFX?
The cySec regulation was the final argument in favor of this brokerage company. However, regulation wasn’t the only attractive thing in this company. I was also fascinated by their web platform dubbed Webtrader.
Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should https://limefx.name/ make sure you understand the risks involved, seeking independent advice if necessary. LimeFX doesn’t make you nervous about payment discipline.
Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. Once I learned that this broker is regulated by a reputable watchdog, cysEC it was a clear sign that it’s not a scam and I decided to learn more about the broker. It’s very intuitive and comes with all the necessary indicators. Unlike Metatrader, here it’s much easier to access the required assets.
If you have any difficulties you should get in touch with the platform’s customer care team. The website is sketchy and customer support insufficient, which shows a lack of concern for its customers. Without moving forward with this LimeFX review, this warning should be enough reason to stay away from the trader, but let’s dig some more. LimeFX Limited is the company behind LimeFX. It is a Cyprus LimeFX firm that was licensed in 2015 but recently rebranded in May 2020.
Unfortunately, live chat support can not be available, though it is the most convenient way to get responded. Forex TB offers a limited number of deposit and withdrawal methods, mainly wire transfer and DotPay. Popular credit/debit cards, Skrill, and NETELLER methods are not welcomed. Segregated accounts protect clients from bankruptcy, insolvency, or claims against the business by third parties. Funds are held in secure accounts of established banks.
I opened a live LimeFX trading account and made a $ 250 deposit. I do not understand why such a sum, because many others have $ 100 each. The information about the LimeFX review is limited and no scoring was provided. Therefore, we cannot address LimeFX as a reliable or scam forex broker. For AtoZ’s Reliable Forex Brokers listing you may check our AtoZ Approved Brokers. LimeFX is a CySEC regulated broker offering to trade on more than 300+ financial CFD instruments covering Forex, Stocks, Commodities, Indices and Cryptos.
If you value this, you can certainly stick with this broker. Another advantage of this company is Webtrader. If you are fed up with Metatraders, you will appreciate its intuitive layout. However, I would like them to have the spreads little lower. LimeFX is one of my favorite brokers that is managed and operated by Forex TB Limited, a Cyprus based LimeFX company.
LimeFX Customer Support
It’s possible to test strategies literally with any broker, but since we work on real accounts, regulation is a must-have thing. This broker meets this requirement and it offers MT. That’s all I need. Imo, that’s a full pack you need for sucessfull trading, especially taking in account that the spreads for major assets are quite ok. But okey, if we don’t focus on support, then brokerage is one of the best I’ve traded with at all.
- The platform uses 128-bit Secure Sockets Layer encryption for all communication.
- Basic account – The basic account has a minimum deposit of $250, and spreads as low as 2.5 pips.
- FXTB utilizes cutting-edge technology to provide condensed, to-the-point data for traders.
- Gold account members can make one free withdrawal every month.
Labeled Verified, they’re about genuine experiences. I like the fact that the support team of this broker always responds quickly and clearly. Comparebrokers.co needs to review the security of your connection before proceeding.
LimeFX was launched in 2015 and has since grown steadily by offering a safe environment in which to trade. There are several factors which indicate that it is safe, with the most significant being that it is licenced by the Cypriot regulator. Furthermore, the platform implements several security features and other tools detailed further on in this LimeFX review. LimeFXs are subject to market risk, including the loss of principal.
But even taking into account the problems I have a lot more pluses. Even the withdrawal fee is very acceptable in comparison with many companies. In addition to all of this, the broker offers an asset calculation tool that finds spreads, swaps, trade sizes, and fees in a few clicks. FXTB is a regulated broker with good costs and tailored solutions, account opening is smooth and fully digital. The beginning traders can benefit from free educational tools. There are no fees for making a deposit by the client.
Please keep our support email support- for future use and feel free to contact us for any queries or issues you may come across. Despite all the shake-ups in the market, my account is alive and well, which is no small merit of the broker. Actually, that’s why I decided to leave this review. In general, it should be noted that LimeFX has developed in order during this time. There is more freedom, it is immediately felt.