This is a telltale sign that you’re throwing your money into a bottomless pit. While there are myriad MetaTrader5 scams, the trading software is safe and almost limefx courses scam incorruptible. Therefore, it is unscrupulous forex brokers that you should be wary of. MetaTrader is a Russian company that provides trading information.
Made some bucks on equity market
In light of this, LimeFx provides excellent customer service to its clients and makes this one of its top priorities. Customers can contact customer service representatives by phone, email, etc. To assist consumers quickly, there is also a FAQ section that includes simple answers to complex questions. The leverage determines a trader’s overall market exposure. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage.
Platforms and Tools
And I have several accounts with different brokers. Now I open new trading orders almost every day. Yesterday I opened several orders on major currency pairs. Overall, LimeFx is a reliable and trustworthybroker, providing traders access to the financial markets. The platform offersan extensive range of tradable instruments, advanced trading orders, andtechnical indicators.
This line isn’t eligible to upgrade yet
Next time you are looking for Mitrade.com, do not consume with Mitrade.net. Convince you to make deposits and leave everything else to them, including trading activities. And that becomes the last time you will ever hear from them. Another red flag is if the broker asks you to make a secondary deposit before withdrawing.
How to open a trading account at
- They only offer services to clients coming from the UK.
- But don’t get this twisted; Forex trading is profitable with a good trading strategy and risk management.
- Despite the appealing features and offerings, its registration in an offshore zone is a significant red flag for traders.
- Most of these instruments have tight spreads, which makes trading withLimeFx a cost-effective option.
- Since top forex brokers compete for your business, several now provide zero-spread trading accounts as an added perk.
- Hi Gotmerich,We’re thrilled to be your go-to solution for all things trading!
Such brokers have hidden fees where they trap users. For instance, when we check Mitrade, we found a website that counterfeited it, and most people can’t tell the difference. Therefore a “Mitradeglobal.net” site is definitely a den of con artists. You shouldn’t even touch it with a ten meters pole.
How do I open an account with LimeFx?
You can discuss forex and cryptocurrency related news, ideas, strategies and analysis here. You can also expose broker scams you have encountered to warn others not to fall into their trap. FxGecko will be updated daily with broker information and user complaints against brokers, so following it regularly can help you effectively raise awareness of your investment risks. Hello Mr & Mrs Farr,Thank you for your review.
Withdrawals typically takeabout 3-4 business days to process. On the other hand, if you need more stabilityduring trading, you can opt for the fixed spread account. This is because fixedspreads help traders reduce trading costs significantly. Overall, LimeFx has competitive fees, makingit an attractive option for forex and other market traders. Regarding withdrawals and deposits, LimeFxdoes not charge any extra fees for using their payment gateways. However,clients might need to pay third-party charges for using certain paymentmethods.
Plus the broker took all the depositing fees so that I didn;t have to pay anthing. It’s a small thing but quite pleasant to be honest.If you need a coverage of the trading itself, then I think its very balanced. But of course it all depends on the trading horurs and account type.During the calm market you can catch a very juicy spreads.
I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning LimeFx’s high level of fee transparency. I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. Brokers operate multiple entities because it allows them to serve clients worldwide.
Since they are providing services outside of Seychelles, they should comply as well with the regulations of those countries where they operate. Let’s take a look at this detailed LimeFx review to see more. It goes against our guidelines to offer incentives https://limefx.biz/ for reviews. We also ensure all reviews are published without moderation. Performance of their mobile application is especially notable for me. Especially, if some news is released and I have to quickly open the deal on eur/usd or gbp/usd.
The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where LimeFx’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor your positions’ development and make changes if needed.
Hello Budi,We’re thrilled that you’re enjoying our trading conditions and mobile app! We totally get the need for flexibility and on-the-go trading. Stay tuned for future updates as we continue to enhance our platform offerings. Hi Sifiso, Thank you for your glowing review! 😊 We’re thrilled to hear that our platform has exceeded your expectations. Our team works tirelessly to create a powerful and user-friendly trading environment, and we’re delighted that you’ve found it to be a true powerhouse.
They don’t have any reputation for being an authentic broker. Traded from LimeFx several stocks and was able to generate good profits.Stocks I operated included Home Depot, IBM and Oracle. They were forming promising patterns with potential breakouts – it tuned out it was true. My swing trades managed to catch the carry over from breakouts! Thanks to the broker for fast execution and low fees. Client funds are held in segregated accounts with top-tier banks.
French