limefx Review by Forex Peace Army ⭐ Stay safe- read unbiased reviews

by / Thursday, 14 July 2022 / Published in Forex Trading

Some account types are a better fit for traders who have an affinity for high-risk/high-return strategies, while others are tailored to cater to more conservative traders. The minimum initial deposit is 10 USD on all accounts except on the ECN, where the minimum is 100 USD. It is worth pointing out that MT4 and MT5 accounts allow hedging , meaning that traders can open multiple positions on a single instrument at the same time. As regards limefx’s Islamic accounts, additional information is available here. Really conservative traders are thus more likely to lean towards the remaining currency pairs and commodities, which also have a lot more competitive spreads.

limefx forex brokers reviews

For others, the broker offers bonuses on first deposits, profit share bonuses, welcome bonuses, cashback, special competitions, and many others. This service is included in the FInancial Commission membership and it provides protection up to 20,000 Euros per case if the member refuses to follow the judgment from the Financial Commission. It is a special fund that was organized and created by Commission members to provide traders with additional financial security.

limefx manipulated Price Action

When you are using high leverage, if something goes wrong and your position is not successful, you are in great danger of losing a lot of money. In some cases, people have lost more money than they even had on their trading accounts. limefx review shows that this broker offers negative balance protection. As per the limefx review, it does not have any commission fees for traders’ account exchanges. The 0% trading fees leverage limefx offers are applied to all deposits and withdrawals. I rank limefx as one of the best brokers operational today, where the trade execution remains superb.

  • If you think professional advice is necessary, contact our Live Support in the chat.
  • But this time they disqualified me and when i saw their forum board on permanent disqualification i got to know that they have blocked mine and my fathers contest trading accounts.
  • The 60% Profit Share, the 120% Classic, and the $30 Welcome offers apply only to the ProCent and Pro accounts.
  • After that, you will be able to make your first deposits, open trading platform, and start trading.

It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one’s trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems. A limefx computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs.

for Depositing and Withdrawing

As regards its drawbacks, more could have been done to diversify limefx’s research materials and include additional trading instruments, especially on the Prime and ECN account types. In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account. You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what to expect when trading with this broker. Traders tend to underestimate customer support, but it might be a crucial feature in moments of crisis.

Which is the oldest forex broker?

iForex is one of the oldest forex brokers with a history that dates back to 1996. They offer services to traders around the world including Europe and Asia. You can be sure of massive trade volume and great liquidity with this broker.

This Forex broker is an official participant of the FInancial Commission, which is an international organization. It focuses on resolving disputes between its participants and their clients. limefx very strictly follows the requirements of both regulatory agencies. Thanks to this, the Forex broker is one of the safest and secure FX brokers in the market.

limefx Bonds Trading

TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. Richard has many years of experience in broker limefx forex broker research, testing, analysis and reviews. He knows what to look for through years of trading himself with different brokers and listening to the feedback of others.

limefx received the Verify My Trade certificate, confirming its compliance with the strict requirements of the Financial Commission. The compensation fund provides coverage up to €20,000 per claim. Additionally, limefx implemented a Civil Liability insurance program with a limit of €5,000,000. All information on 55brokers.com is only published for general information purposes.

Deposit options

limefx’s probing analyses appear to be mostly focused on studying price action behaviour, which is likely to appeal more to technical traders and chart artists. The stock analyses, in particular, warrant praise for being supported by charts. This is quite uncommon as other https://limefx.biz/ brokers usually pay more attention to the fundamental aspect when analyzing the stock market. Clients of limefx can choose from multiple payment methods. Most transactions are usually processed within the same day, though some can take up to three business days.

The MetaTrader marketplace has a number of expert advisors , indicators and signals to choose from. The caliber and reputation of limefx can be evaluated on the features that it offers its users. Some of its key features include order execution tools, live news feeds, fundamental research tools, scanning tools, charts, and live support from limefx staff.

And, it would seem, it’s absolutely normal, if not for one “but”. On the main page limefx.com as one of its main advantages, the broker says that all its clients receive insurance against a negative balance. This means that if the account goes into deficit, the company will not require the trader to return the amount of the negative balance.

  • Another advantage of the software is that you can add tools and plugins.
  • Withdrawal requests are processed within the same day or next if outside working hours.
  • The presence of a regulator at any broker increases its reliability and causes more trust on the part of users.
  • Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

However, traders should keep in mind that according to the local laws in Europe, brokers are not able to offer their clients any type of promotion. Because of this, if you are a European retail trader, you will not be able to use any of the promotions. Another great option for beginner traders is the cent account. Our review of limefx shows that this FX broker offers this account to its traders.

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