Overextending one’s position is a common reason for rookie traders to lose money. The majority of brokers will provide various kinds of market instruments for trading. A new trend that is picking up momentum is trading in cryptocurrencies. The commissions are the costs levied by the broker on a client for making trades on the client’s behalf. The level of commissions will differ between various brokers and it will also depend on the different kinds of services, accounts, and trades done by the brokers. A margin means that it is the amount of money essential in your account to open a place.

The brokerage platform does not charge commission on the great majority of trades, which is a benefit of using this platform. However, keep in mind that when funds are taken, fees are imposed – the amount varies depending on the withdrawal method (e.g., online payment systems, digital wallets, or bank transfers). We also noted that https://limefx.vip/ LimeFX has a truly global offering and is suitable for customers across Europe, as well as those in Australia, New Zealand, Canada, and India, for example. All things considered, LimeFX is one of the top forex/crypto trading platforms on the market and one that both novice and professional traders should certainly take a look at.

Quotes and trades are usually subject to the terms and conditions of a Client Agreement, which is accessible through the broker’s website. LimeFX’s website should provide all the information one needs to gain skills and knowledge to be able to trade successfully with them. Normally the country of residence of the broker would provide the regulatory authorities under which limefx official site they would fall. Finding a reputable LimeFX review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. Each LimeFX account will also offer trading in index CFDs, such as the Nasdaq, Dow Jones, Nikkei etc, metals and oil. All information on 55brokers.com is only published for general information purposes.

This is really the best broker I have…

The third referral was about to sign up when you blocked my account. I use the NORD’s PAMM service for trading, as well as diversify the rest of my funds into the LimeFX portfolio. Now it is a well-known organization on the international market of financial services. The LimeFX brand belongs to the company NFX CAPITAL VU INC, registered in Vanuatu. Considering the regulations, we can say LimeFX is probably the most reliable forex broker. Read our detailed LimeFX review to learn more about the broker.

The quick and easy account opening process and quick Nord account login add further to its success. Users can also enter the $100,000 Super Lottery contest, which will run through December 31, 2021. Through this detailed LimeFX review, hope you have understood the legality of the broker. LimeFX provides training in the form of documentation and videos. Yes, LimeFX has a mobile app for iPhone, Android, and iPad.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. The company offers users a quality web product, unique services, continues to develop, following modern trends of trading on financial markets. Traders’ reviews, which we are waiting for to this review, will not only influence the broker’s ratings on the portal, but will also warn the company’s clients limefx company reviews against various problems. The broker’s history is not that long since the broker had joined the online Forex trading business in 2008. As we said, the broker also offers its services from Mauritius under the instructions provided by the Financial Services Commission in Mauritius. It is always good when brokers have a good regulator who has the necessary power and authority to stop any malversations immediately.

Traders should be aware of exactly what their broker’s fees will involve before deciding to trade with them. The company’s success stems from its reputable history, holding several licenses from top-tier respectable financial authorities, having low spreads, and a wide choice of trading instruments. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. As our LimeFX review has already noted, the broker does not currently operate in the US. Other prohibited countries include Iran, North Korea and South Africa.

FTX vs Bybit 2022: Top Crypto Trading Platform Comparison!

For silver, the spreads range from 1.2 and can even go higher than 1.6. Trading metals with a Zero account typically gives you zero spreads, but it could reach 0.2 up to 0.3. The minimum amount for withdrawal is 1 USD or another minimum amount depending on the specific payment system.

A screenshot of the LimeFX MetaTrader 4 trading platform is shown below and is covered in more detail in the video review. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about. This page may not include all available products, all companies or all services.

• But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000.
• We don’t recommend trading with them and if you are trading with LimeFX contact them immediately and try to get your fund out.
• Their market analysis is few and far between, but their articles are helpful to an extent.
• MT4 is great for technical analysis traders as it has a host of tool and features.

I never believed in bitcoin recovery because I was made to understand that it is not possible. But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000. I read an article on as regards to a recovery expert and genius so I reached out to SCAM RECOVERY SITE, and to my surprise I got all bitcoins recovered within 24hours frame. Deposits and withdrawal are easy to carry out from this account and accepts various channels of transactions.

The tradeable assets on this account are the same as the Pro account. LimeFX’s Fix account is ideal for both new traders who are new to the foreign exchange market and experienced traders who are already familiar with forex. The minimum deposit of $10 is also significant for traders who are cautious and aren’t ready to invest massive amounts of money. For a forex specializing broker, LimeFX offers quite a bit of cryptocurrency for their clients to trade. Below, you will find all 11 tradeable crypto pairs along with their margin per lot, minimum lot size, and maximum lot size.

Deposits And Withdrawals

Finally, cryptocurreny fees are charged a little bit differently and they are based on a maker / taker fee dynamic. This essentially means that you will get given a rebate for making a market and you will be charged a fee for taking liquidity off their books. If you are going to be trading equity indices then you will be charge a flat fee or commission on the size of the position. You should take note of all the margin call and liquidation levels that apply to particular assets.

These are some of the most popular trading applications on the market and have extensive features and functionality. For example, you can do charting, manage orders, overlay indicators etc. You can also buy / sell with one click ordering functionality. However, you can still trade on your phone by using the MT4 and MT5 mobile applications that are provided by MetaQuotes. Unfortunately, LimeFX has not developed their own mobile app for account administration etc.

Furthermore, users can request a Virtual Private Server for ultrafast execution speeds and 24/7 uptime for 13.95 USD per month. There are a variety of funding methods available including debit/credit card, bank wire, Neteller, Skrill, WebMoney, Perfect Money and more. The majority of deposit methods are fee-free, however, there are charges for some withdrawal methods. Users can also take advantage of the $100,000 Super Lottery promotion available until December 31, 2021. Users can choose from four main account types called Fix, Pro, Zero and the Savings account. LimeFX was founded in 2008 and is a Forex and CFD broker authorised and regulated offshore by the Vanuatu Financial Services Commission .

• The broker’s client agreement does state negative account balances are restored to zero and client funds are separated from company funds.
• This account is mainly for new clients with no idea on how to trade and are not willing to place their funds on the other accounts for trading purposes.
• The LimeFX broker is a big fan of the Meta Quotes family and offers not one, but two of its products.
• If you are going to be using them then the most optimal trading setup is to get yourself a trading Virtual Private Server .
• The MT4 platform also comes with its own coding language, MQL4.

Traders must first transfer funds from their MT4 terminal to the back office via “Deposit / withdraw funds from the MT4 balance,” and then to their preferred payment processor. What I like most about LimeFX is the copy trading platform LimeFX developed. It is simple, user-friendly, and LimeFX provides all the necessary information to make informed LimeFXs.

Fees

For NETELLER Visa cards, LimeFX will charge 1.75 to 4.95% of your deposit. In the event that you get a negative balance on your account, you will need to email LimeFX’s finance department and request for your account balance to be brought back to zero. You have to provide your account number and password in your email request.

Anything above that will have to be sent using another means such as a wire. All of these are instant payments apart from the wire option. This could take 3-5 business days to process depending on where you are sending the funds from. The MT4 app has been downloaded over 10m+ times whereas the MT5 has over 1m+ downloads. If you take a look into the ratings on the respective app stores then you can see that traders are indeed quite positive about the app.

The Company reserves the right to identify the recipient of funds in order to prevent illegal actions on the part of the client, as well as for the prevention of fraud by third parties. Log in to Trader’s Cabinet and make sure that the funds to be transferred are in the Trader’s Cabinet balance and not in the MT4 balance. Go to the “Withdrawal” – “Internal Transfer” and make a request. An internal transfer is only possible only between accounts of the same owner. An internal transfer is instantaneous, if the accounts are combined.

AdroFx provides a wide range of trading products and services with transparency and innovative technology. AdroFx is a team of professionals with decades of experience in Financial Markets, the Banking Sector, Fintech, etc. Our Team combined best practices of Finance market leaders with modern… LimeFXs in real US stocks and CFDs on stocks through one of the most reliable platforms in the industry. Trade DAX, Dow Jones, and other world-famous indices with competitive spreads and almost instant order execution.

Sometimes, traders are hesitant towards offshore brokers, but some of them who took the risk were pleasantly surprised by the service and professionalism of such brokers. LimeFX is situated in Cyprus, which counts as both, an offshore destination, and a major Forex center. But this is not all; LimeFX also opened a registered office in Mauritius, one of the known Forex offshore destinations, where the broker registered with the local supervisory authority. Find out more about the broker in the following LimeFX review. If you have traded with LimeFX and believe you have been scammed by them you have a chance to get your money back.