Also, this company has high withdrawal limits. We see that the LimeFX positive reviews speak well of the broker while varying in what these are actually saying. Some describe LimeFX more neutrally, while some even negatively. Let’s look at these limefxs for a complete picture.
What makes this broker stand out from the competitors?
- Mind you, some brokerages really scam their clients.
- There’s also mismatching data in multiple sections, which indicates unprofessional management.
- Well, the withdrawal of funds takes forever.
- If LimeFX performs some illegal actions, CFTC will revoke its license.
- This strongly suggests branding LimeFX fraud a complete fabrication, an ill-conceived notion not anchored to any basis in reality.
LimeFX is a Russian Forex broker with not a whole lot of reputation to speak of. It is decent enough, but you can’t really understand that from the user reviews left by people who dealt with them already. It’s because there is virtually no feedback.
Deposit And Withdrawal Terms
Preliminarily, LimeFX provided a very narrow assortment of financial services meant only for Europeans and Americans. There weren’t any negative reviews about LimeFX linked with dishonest actions. In general, there https://forexhero.info/ aren’t any more of such negative reviews. Negative reviews are written by unsatisfied clients. These are written significantly more often than positive ones because negative emotions are expressed much more often.
LimeFX Forex Broker Review
I was only able to get my funds with the help of solut10nsreport.com and I know it would have been impossible to get it without their help. While LimeFX is registered by the laws of St Vincent and Grenadines, it lacks support from a renowned regulatory body such as the ASIC, FCA, or CySEC. An unregulated broker is a serious red flag for many traders. LimeFX is an offshore broker that is located in St. Vincent and the Grenadines. Since the company was founded in 2006, this online broker has gained the trust of over 300k traders from 18 countries, mostly from the Asia region. With direct communication with clients as their top priority, it’s not surprising that LimeFX has gained international recognition for its customer services.
LimeFX Review: All About The Brokerage
Traders can be confident about their success, but it is stressed that polished skills increase one’s income significantly, not mere luck. If one really puts in work, the chances of being a successful trader are achievable. LimeFX’s Investor Simulator allows traders to train for two weeks, after which traders can get any earned profit as a bonus. If it turns out losses are incurred, LimeFX automatically compensates such by paying traders back. Traders can read all their orders in a particular journal to allow greater analysis of possible trading mistakes. Held as an essential function, traders benefit entirely from keeping tabs on their Order history.
And as we said earlier in our LimeFX review, we can’t justify that with the broker’s low trust rating. We feel like calling LimeFX a scam isn’t too much of an overstatement, as there’s definitely something shady going on. So even if you’re one of the traders that don’t have too many choices besides LimeFX, it’s likely smarter to go with a safer company. Otherwise, perhaps you should just wait until more trading opportunities become available, as it’s better than getting scammed. Funding is one more thing we’re not entirely sure about. The broker has exact data on its spreads, which is nice.
Mobile users are allowed to download and open a mobile version of LimeFX’s trading platform through the broker’s official website. The mobile application has a straightforward and intuitive interface. Every beginner will be able to understand what every function is for automatically.
At present, people from Russia, Ukraine, and other post-Soviet countries are already able to conduct trades through LimeFX. The list of countries only gets longer with every passing day. In its artillery, LimeFX boasts numerous offers such as a comprehensive educational center, SMS analytics, Investor Simulator, STP technology, to mention a few.
It is a regulated broker-dealer and is a part of FINRA, SIPC, NFA, as it’s a member. Hence, protecting the consumer leverage ratio is way smaller than Forex offered before. Transfers in from one account – say the IRA – to the account are free. Trust and safety remain paramount for investors in the complex world of finance. LimeFx says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls.
It would help if you perused through the number of positive and negative reviews and, of course, what the content of each is saying. STP brokers like LimeFX get the money regardless of the profit or losses of a certain trader. This is the reason why it doesn’t mind winning or losing. Moreover, they are interested in their clients’ success because investors will bring in more money if they get more. In light of this, brokers very often create educational centers where traders can become more successful.
All you need to do is deposit more money, basically. The good news is that LimeFX doesn’t put limitations on your trading routine if you have a lesser type of account (like some other brokers do). Many people say that brokers trade directly with clients as grounds for saying why Forex is a scam. Indeed, such is characteristic of dishonest companies, but STP brokers do not trade with clients. As the matter stands, there are no conflicts of interest present. LimeFX is thus one reliable broker to make trades through as it makes use of STP technology.
Using a Demo Account and the Investor Simulator, and the VIP Account can bring the most significant results to your learning process. Also, if you are a professional trader, you can consult with LimeFX’s other professional traders. Doing so grants you greater effectiveness in trading. For instance, novice traders are in on more incredible successes should these traders elect to open VIP Accounts and use the Investor simulator service. Thanks to the analyst’s help, the novice’s trading activity will gain more integrity, making them more efficient and wholly attractive.
It’s just a matter of where you access your MT. If you still have any doubts about the trustworthiness of this service, we recommend that you read the documentation on the broker’s website. It is available for all the users, even not registered ones.
In fact, the website is really well-made and contains everything a real trader would need for work. If you search the Internet for LimeFX customer reviews, it is likely that you will find two different kinds of opinions. These are negative and positive commentaries. It is interesting to note that there also are a lot of blogs that write paid reviews about services. We managed to find many websites that promote similar slander.
