limefx review: Is it a legit or scam forex broker? - Cep Telefonu Tamir Servisi - Teknikfon

limefx review: Is it a legit or scam forex broker?

limefx review: Is it a legit or scam forex broker?

For more knowledge, you can read the asset information on the homepage. In addition, for long-term traders, there is an overnight fee because the trading positions are leveraged. limefx Live Account is used to do live trades with real money involved. Register an email and create a password, or if you would like to use a social media channel, you can use your Google Account or Facebook Account in signing up with limefx. The minimum initial deposit required is $100 for a standard account. MetaTrader 4 is a popular trading platform amongst traders and limefx included this powerful platform in their list.

limefx forex brokers reviews

limefx Professional Level Account is an account for experienced and most demanding professional traders. You can avail of this account only if you pass the requirements of limefx for eligibility. This account unlocks most restrictions placed on retail-level accounts. In trading, first, you need to choose a market you would like to trade on.

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This included credit card funding and an intuitive web based trading platform. Risk Warning – Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. You should consider whether you can afford to take the risk of losing your money. Premium account – Minimum deposit of $2,000 and fixed EUR/USD spreads from 1.4 pips. As well as enjoying the same benefits as a standard account there are a few extras.

  • Livechat is great if you require a reponse to your support request withing 15 minutes.
  • limefx’ innovative dealCancellation feature delivers a major advantage to traders who need to undo losing trades.
  • All information on 55brokers.com is only published for general information purposes.

limefx was founded as a forex trading platform back in 2001, and since than has become one of the most established and experienced trading platforms on the market. Our detailed limefx Review will explain what it’s like to trade with this broker from Europe. Having a helping hand when you are new to trading is immensely helpful. This is why we focus on offering our clients probably the best customer support available. Don’t take our word for it, look at what our clients say about our services.

Is limefxregulated? – Regulation and safety for customers

So, since I can no longer trade with them, I decided to share my experience. Please read easyMarket Reviews below and share live trading experiences with this broker. You can reach their support through Facebook Messenger, WhatsApp, Viber, and Live Chat on their website. It is really convenient and we can say that it is easy to get in touch with limefx’ support team with these chat options.

  • Simply put, you can buy or sell the asset of your choice without the obligation of actually owning it.
  • Developed by Metaquotes in 2002, MT4 is still considered the most popular and customisable trading platform in the industry.
  • However, additional trading features that set limefx apart from its competition like dealCancellation, Freeze Rate, and Inside Viewer are only available with this on this platform .
  • This is perfect for those who trade ahead of news and events where the outcome cannot be guaranteed.

limefx supports MT4 and the mobile suite of the MetaTrader tools, along with its proprietary platform, developed in-house. The limefx platform comes with a set of unique risk management tools that are not available on limefx MT4. It would therefore be better for high volume traders to open an account denominated in USD. This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion fee on every trade.

Read our limefx Broker Review

No slippage – To stay in line with all high-quality brokers, limefx has a no slippage condition which means that the price requested is the one executed for your trade. Negative balance protection – This protection ensures that your account will never drop below zero. It’s offered https://limefx.biz/ at no extra cost too, so no matter which account you have, you can benefit from it. One of the industry’s most innovative tools which allows you to trade risk-free. Give yourself a one, three, or six-hour margin to cancel your order when the markets are moving against you.

limefx forex brokers reviews

It includes charts, currency rates, financial calendars and more. limefx Forex broker, previously known as easy-Forex, is a market maker broker that is located in Cyprus under the regulatory supervision of Cyprus Securities and Exchange Commission . The broker has expanded its reach to more than 120 different countries, having been a prominent player in the US, European, Australia, and Asian financial markets for many years. Because limefx acts as an intermediary, limefx gets compensated on buy and sell transactions of financial instruments. As a result, limefx profit is determined by the volume and number of transactions. limefx earns revenue to fund their limefx platforms and wide range of trading services through market spreads.

What is limefx and Easy Forex?

As the whole process is online, you need to access its website and provide your credentials such as full name, email address, country of residence, and a phone number. If you own a Google or Facebook account, you can connect it to sign-up with the trading platform. This is followed by a set of questions checking your background and financial knowledge. Account verification is completed with the submission of documents proving your identity and residency. They helped me significantly in starting my journey as a forex trader. As a newbie you will most likely lose money with them, so start small and use it to gain experience in a relatively safe environment.

  • Forex experts calculate the parameters, and many call them the hidden adviser.
  • The minimum deposit amount is, unfortunately, on the higher end of the spectrum.
  • These offerings are more extensive than the base currencies that are accepted by many competitor platforms.
  • Corporate actions apply to equity and index CFDs and are passed onto those portfolios in which those assets are held.

The interface for the web browser is quite easy, so even if you are a beginner in Forex trading, you will quickly learn how to trade foreign currencies online. limefx have great customer support which is accessible through email, livechat, phone, support options. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents.

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