19 Oct LimeFx Review 2022: Is LimeFx ForexTime Legit or a Scam ️

When you trade with us, you trade on one of these two powerful platforms, beloved by traders of all experience levels around the world. Established in 2011, the LimeFx Group is a global leader in online trading, bringing the opportunities of financial markets to global audiences, wherever they are and whatever their financial ambitions. We are specialists in leveraged trading, giving you the potential to generate financial returns on both rising and falling prices across FX, indices, commodities, shares and cryptocurrencies. Whether you’re an experienced trader or completely new to it, we’re here to help you find freedom in the financial markets.

It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. Forex is short for foreign exchange the global marketplace to buy and sell foreign currencies. Enjoy spreads from zero, lightning-fast execution and trade at the best available prices. Access the biggest markets worldwide, with an account tailored to your needs. But i dont know why i had to go through hell before i finally got my money transferred to my mobile money wallet.

If you want to open a corporate account, you have to send an email to LimeFx. To have a clear overview of LimeFx, let’s start with the trading fees. Meanwhile, more advanced users will be able to use the ForexTime LimeFx Pivot Points Strategy to enhance their trading style.

I recommend checking them to determine the most convenient and cost-effective solution. Processing times also vary based on method and rank from instant to ten business days. It consists of phone support, including a call-back function, e-mail, and an FAQ section. LimeFx also provides live chat on its website or via WhatsApp, Viber, Telegram, or Messenger. Since the product and services portfolio at LimeFx remains well-explained, I doubt most traders will require assistance.

What are the LimeFx account types?

Besides live chat, you can also chat with LimeFx through WhatsApp, Viber, Telegram and Facebook Messenger. If you are not familiar with order types, readthis overview. You can use the basic order types.You will not find very sophisticated orders like the ‘one cancels the other’ order.

The last two of these figures include profitable and unprofitable trades separately. Regardless of the type of account, NGN accounts are only offered for clients in Nigeria. Cent Accounts have minimum deposits of $/€/£ 10 or ₦1,000, with no maximum deposit. Standard Accounts, Shares Accounts, ECN Accounts, and ECN Zero Accounts have a minimum deposit of $/€/£ 100 or ₦20,000. ForexTime’s minimum and maximum deposits depend on the type of account that you choose. Processing times range from instant to 24 hours/up to a business day for most methods.

With the LimeFx app, available on both Android and iOS devices, you can monitor live rates and adjust your positions wherever you are. The inclusion of demo accounts and a flexible leverage system makes this a good trading platform for beginners and experienced forex traders alike. I want to point out that only verified trading accounts may request a withdrawal and that LimeFx enforces a withdrawal hierarchy. LimeFx will return funds to the payment processors used for deposits, and it appears that traders must withdraw profits exceeding them via bank wire only, which is expensive. LimeFx offers traders the MT4/MT5 trading platforms and has developed its proprietary mobile app, LimeFx Trader.

💳 LimeFx allows a wide variety of deposit and withdrawal methods and promises to develop as many methods as possible for the comfort of its clients. 💰 LimeFx’s trading fees are low for stock index CFD fees, average or low for forex but their stock CFD fees are high. 👉 LimeFx offers a wide variety of instruments, from currency trading to speculating on the price movements of favorite stocks. The secret is if you wish to target 50 pips,make it 40 pips, so the spread issue is dealt with that way!

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Additionally, there is an Economic Calendar from FX Street. Clients also have the option of setting up SMS alerts for major market news. That way, they can take action immediately and never miss out on an opportunity. Looking at the requotes, you see that ForexTime has a competitively https://limefx.vip/ low rate that the company is striving to improve. The requote rates in 2018 never averaged above 2.08 percent and got as low as 1.51 percent. There is also a section where the Strategy Manager tells you about the Strategy and any other additional relevant information.

Also, you may select spot metal CFDs, share CFDs on over 170 major companies, CFDs on Commodities, and CFDs on Indices. LimeFx leverage is determined by various measures and firstly set according to the regulatory requirement in one region or another. And then is also based on the trader’s experience and knowledge, so always check with the customer support team first which one is applicable to you. This question limefx review is indeed the most crucial one, as investor accounts lose money and if you trade with an unregulated entity the high risk to lose funds is dramatically high. FXverify website, LimeFx user reviews by verified traders with a live account, reviews page. Investors can choose to copy more experienced LimeFx traders, also known as Strategy Managers, who make their trading strategies available to follow.

The available stock markets are NYSE, NASDAQ and the Hong Kong Stock Exchange. LimeFx hasclear portfolio and fee reports.You can easily see your profit-loss balance and the commissions you paid. We tested the credit card withdrawal and it took one business day. If you use credit/debit cards or electronic wallets, you can only withdraw up to the amount you have deposited via the same method. Therefore, you have to withdraw any profit by using a bank transfer.

Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. Hi Amos, LimeFx does not currently offer a bonus program with your deposit when founding your account. If you’re a risk-tolerant trader, then choose a high-risk system. If you want short term results, then choose a scalping system. Alongside LimeFx’s top 5 strengths we’ve reviewed above, we’re going to finish this LimeFx review with some final points about the broker and then frequently asked questions .

LimeFx reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more. LimeFx is a good broker well-known and regulated worldwide, there are numerous regulated entities of LimeFx. Account opening is easy, LimeFx has one of the lowest deposit requirements and trading conditions are good with low spreads and excellent customer service, and Forex education. The Micro account works like a Cent account – please note that the trading counterparty for this account is LimeFx, acting as a market maker. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues.

I am vexed seriously and I am going to close my account with LimeFx after withdrawing everything left in the account. I thought of adding more funds if I am satisfied with the services. 3) Our withdrawal system is working perfectly fine and on a daily basis, withdrawals are being processed and sent for our 4 million+ clients. Thank you for your wonderful comments and it’s great to hear that you are enjoying your trading experience with LimeFx.

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You also get real-time interactive charts, all trade orders available, all execution methods available, multiple chart types, and full control of your trading account. ForexTime offers dozens of deposit and withdrawal methods as a way to appeal to a wide range of clients. Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers. If a broker can’t pay a referral then it cant give you your money on withdrawals from trading accounts. Please DO NOT spread false information about LimeFx without knowing the facts or having real experience with us. We have more than 4 million clients trading with us from around the world and furthermore, we are strictly monitored & regulated by several international jurisdictions.

• With the MT4 mobile application, you get real-time quotes, 9 timeframes, 24 analytical objects, 30 technical indicators, trading history.
• You can use the same electronic wallets as for depositing, except Alfa-Click, Western Union Quick Pay, and Dotpay.
• LimeFx Trading Signals were developed by the ForexTime Head of Education.
• LimeFx leverage is determined by various measures and firstly set according to the regulatory requirement in one region or another.
• He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

For this reason, ECN accounts are more suited to experienced traders who may be trading on a larger account. LimeFx offers six account types, split into two main categories. Each account type allows clients to focus on different asset classes, as well as offering different spread and commission price models. You can view the full LimeFx standard vs ECN account page or a summary is below. LimeFx or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offering overall.

This is to give traders all of the information they need to make educated trades. According to ForexTime, the company publishes all these statistics to reset the benchmarks and standards of the forex industry. Below this are general statistics, including total trades, profitable trades by percent, average trade length, consecutive wins. Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits. LimeFx Invest lets people who are starting out trading copy the trades of those who have a proven record of success. This also works for those who simply do not have the time to make complicated trading strategies.

Tight spreads across multiple STP and ECN trading account types

You will also find commissions for stock trading via PRO MT5 here. You can view every single one of the margin and leverage requirements for ForexTime trades on the appropriate page on the broker’s website. All the info is under the main category of Trading Accounts. With LimeFx, traders are able to trade a nice range of instruments. Although ForexTime is one of the newer brokers, it has been growing at a fast pace and has earned numerous awards in it’s lifetime.

LimeFx review

We have never intervened or interfered with Clients’ trading. Please be informed that spread offered on our accounts is floating and depends on the trading account type, as well as on the market conditions. Prices of different instruments are quoted from various liquidity providers.

Accounts Types

Compare the spreads and features to lime fx to see LimeFx as a leading spread broker. When trading on an LimeFx Pro Account, you can be assured that you’ll never be re-quoted or charged a commission. Just direct access to deep pools of liquidity with absolutely minimal interference from LimeFx. ECN Accounts allow your orders to be matched with the best bid and ask prices, offered by a list of top-tier liquidity providers.