LimeFX is it a scam? Reviews about forex broker

Do you wish to make it big in the industry of online trading and LimeFX objectives? If yes, then it is now time to gear up for the best online trading experience ever. FBS, an online platform, is designed to enable trading https://limefx.club/ in a wide range of assets. One need not have exorbitant capital at their disposal to start with the best forex pairs, commodities, and other assets, as the brokerage company of FBS offers ideal leverages and margin call.

According to the broker, cryptocurrencies are a relatively new asset class, and as such, they can be quite volatile. For this reason, LimeFX believes that it is important to approach them with caution. Currently, they are monitoring the cryptocurrency market closely, and may offer trading in the future. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. LimeFX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. LimeFX also does not offer a welcome bonus or deposit bonus or the advantage of a no-deposit bonus when traders register a real account for the first time.

• These spreads average between 0.3 – 0.5 pips on major currency pairs .
• Scam reporting is the latest tool developed by GlobalAir to deter scams, email spam, and viruses.
• All applicable trading accounts created by clients in non-Islamic countries.
• The wide variety and ease-of use features make this program extremely sought after by traders around world who want access without all those pesky fees charged by other companies.

Apart from offering the deal, the Quick Start Bonus program also serves as a teaching program of seven steps. Conduct trading with the entire bonus amount using the Standard Account to receive compensation bonus. The Cent Account displays the initial balance in the form of cents. It is recommended to the users to try out their new trading strategy and perform swing strategy through Cent Account before venturing into the live market with higher sums. Availability of exclusive educational resources and tutorials for improvement of trading capabilities of novice traders and other traders.

LimeFX Pros and Cons

When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification. This will tell you whether they are regulated by a central authority or if LimeFX is an offshore and/or unregulated entity. The first step to protecting yourself from fraudulent parties online is to do thorough due diligence on the companies and entities that you are planning to send the funds to. In all probability, there have been other users who have already used the same service, and have expressed their opinions and feedback online on various forums. The MetaTrader supports market, limit and stop orders, along with multiple types and multiple instruments that allows potential successful analyses of the market. A complete charting package built-in with indicator libraries that can be fully customized.

• I have worked with multiple brokers and LimeFX is by far the best.
• You better believe that the parent broker used by LimeFX is very much aware of this problem!
• But sometime in DECEMBER I fell for a binary options scam which promised a higher return and I lost close to $75,000.
• Any trader signed with a FCA regulated broker can be assured broker operates in full compliance with high standards and can be trusted.
• The platform allows withdrawal in USD or EUR currencies through wire transfer VISA, Neteller, Sticpay, Skrill, Perfect Money, and Local exchangers.

The peak-to-trough decline during a specific record period of an LimeFX, fund or commodity. Are you saying that your account will hold this drawdown for as long as a year, before it recovers, and… The regulation FBS site works in operation with a trustworthy and transparent team of brokers managed by FBS Markets Inc. For successful registration by new traders, it is necessary to submit government-issued ID proof documents for KYC verification. Access to a wide variety of tools and cutting edge trading technologies that include trading calculators, technical indicators, and more for raking in rich returns. Advanced technical indicators and tools for predicting reliable trading conditions despite the risks involved.

Multiple products, bringing access to trade FX, Metal and CFDs from one account offered with narrow spreads. Since that foundation, the company has gone on to become one of the world’s leading social trading platforms. The Israeli company, under the leadership of CEO Johnathan Assai, now has a presence in over 100 countries and has recently announced plans to launch into the U.S. market for the first time. At the end of 2017, LimeFX announced that they were servicing the accounts of more than 8 million traders.

The team at MyChargeBack – a specialist group dedicated to helping consumers recover funds lost online – is available 24/7 and has helped consumers all over the world recoup millions of dollars. Mistakes can happen even with the most cautious of investors, and should be used as a learning opportunity. In addition, always consider overnight or swap charges as trading costs, since there is a fee in case you holding open positions overnight. It’s very easy to work with LimeFX.They respond fast to our questions and they are always available. Whether I have a million-dollar account or just a few hundred dollars, LimeFX makes no difference and treats all customers the same. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

What leverage does ATCBrokers offer?

To withdraw client funds using Skrill, the commission charge is only 1% and the fee is USD 0.32. The withdrawal fee for the same method is 0.5% of commission charges for the investor compensation fund. The Currency Convertor of the FBS broker is an online copy trading app that is used for the calculation of foreign exchange rates. Traders use the Currency Converter to convert one international currency value into another in order to check the corresponding value for making forex trading decisions. The traders are able to view the macroeconomic events that influence the market and asset prices in the economic calendar that gets updated in real time automatically. The top economic indicators include The US Treasury Yield Curve, GDP, Interest rates, and Unemployment rate.

ACTBrokers introduces a variable minimum initial balance to open an account based on the branches. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. One of the best platforms, plenty of willingness to serve/assist the client and professionalism in general, as it suppose to be with a USA Compny. DO NOT USE THIS BROKER, They block accounts when you withdraw full balance. This problem with LimeFX using the wrong Market Watch time began on November 7 when Daylight Savings Time ended. This in-turn causes the incorrect painting of candles as noted above for several months during the year between November and March.

LimeFX Affiliate Program

😲Large accounts with honest Brokers always displays their information for proper verification. -There was once a member on Forex Factory who was highly praised and gained the communities trust over the years. Enough trust to manage accounts with over $1 million without knowing the members true name or to ever see a Real trading account or track record.

Investors never received their funds and never heard from the guy again. The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose.

Overall, the international broker site of FBS is highly secure and customers may trade safely at all times. Beginning traders engage in forex trading or copy trading by signing up with the Cent Account of FBS. The users have to make an initial deposit of only USD 1 to initiate low-risk trading in the markets. Professional traders can conduct trading in gold and silver in exchange of USD currency. For silver, the lot size is set at 5000, whereas for gold the lot size is set at 100.

LimeFX USA Trading Platforms

The invited user will also receive USD 5 for making client’s LimeFXs through the Cyprus LimeFX firm. The platform allows withdrawal in USD or EUR currencies through wire transfer VISA, Neteller, Sticpay, Skrill, Perfect Money, and Local exchangers. Trading with ECN technologies is a highly advanced and strategic approach to gaining profits from the markets. The ECN Account allows the users to engage in direct buying and selling of assets without the involvement of a broker. One needs to make an initial deposit of only USD 5 and then verify the account to start social trading and investing in assets. MT4 offers a variety of features designed to improve your trading experience and allow you more control over how it works.

Navigation is easy using either the taskbar on your left or the search function where you can easily display any market or keep an eye on your fellow trader’s portfolios. A core tenant within the operational model of LimeFX is social trading. In this respect, the platform offers an attractive major feature to its users. CFDs are leveraged products and as such loses may be more than the initial invested capital.

In addition, to automate the trading experience the software provides the ability to import EA signals for order execution. The minimum required deposit for LimeFX is 5,000 USD or the equivalent amount in GBP or EUR. Indeed the amount is quite high, but considering a great trading opportunity might be a good option for active traders. In addition, LimeFX develops a range of solutions for various trading purposes including liquidity providing and institutional trading, as well vast opportunities for professional traders.

LimeFX provide 2 different live trading accounts, Individual and Corporate. The minimum deposit required to open an LimeFX Individual Account is $2000 USD. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The minimum spread lies between 10 and 20 and the typical spread is 30. Trading forex – foreign exchange – involves speculating on the price changes between international currencies. The value of currencies is affected by numerous real-world factors and can change quickly. This has made forex a popular trading instrument with day traders who look to capitalize on these frequent fluctuations by making numerous trades day-to-day. Its popularity with traders has made forex the most liquid financial market in the world, with an estimated daily trading volume of over $5 trillion. LimeFX pretty much offers an industry-standard level of customer service and novice traders can rest assured that if they run into problems they will be able to receive quick and effective support.

I could easily put together a list of legitimate brokers that make adjustment to their Market Watch time in November and March to correct this issue. But unfortunately, I cannot use most of the brokers on that list because I’m a US citizen! You better believe that the parent broker used by LimeFX is very much aware of this problem!

The crypto brokers charge a nominal commission fee of 0.05% for opening and closing positions in digital currencies at crypto markets. The online brokerage platform of FBS allows access to international markets for trading in CFDs and forex. LimeFX is a premier brokerage limefx scammers firm that is well-regulated by the Cayman Islands Monetary Authority . LimeFX’ client funds are held in separate accounts and LimeFX utilizes top-tier banks for its account custodian services. The minimum purchase for metals was 0.500 lots, up to a maximum of 500.