The videos are offered in English, Arabic, Thai, Bahasa and Vietnamese. I found the video content to be well-done and very useful, especially for beginners. LimeFX is a global Forex and contracts-for-difference broker that was established in 2008. LimeFX has enjoyed substantial growth over recent years and is now regulated by 7 different jurisdictions.
LimeFX offers both beginners and professionals some of the best, most transparent trading conditions and ensures that client funds are kept secure. No, LimeFX does not offer forex traders a commission-free trade bonus. However, LimeFX offers commission-free trading on some trading accounts. Binary option trading on margin https://limefx.biz/ involves high risk, and is not suitable for all investors. As a leveraged product losses are able to exceed initial deposits and capital is at risk. Before deciding to trade binary options or any other financial instrument you should carefully consider your LimeFX objectives, level of experience, and risk appetite.
LimeFX review – Regulations, Platforms, Instruments & Ratings.
I still have balance around 1k, but they refused to pay me. In my review, I found that LimeFX is a good broker. It is regulated by several regulators, has easy-to-use trading platforms, and has experienced customer care representatives.
- Also, the LimeFX company has many more customer service centers.
- So, they are using backward payment systems that most brokers don’t support.
- The account will be suitable for customers, who value reliability over the size of commission.
- Currently, LimeFX Trading Broker has gained popularity in the LimeFX business.
In any such situation, you should reach out to their support to find the exact issue with the withdrawal not being processed. There is no withdrawal fees with this method, but the withdrawals can take up to 72 hours or 3 Business days. If your base currency is in ZAR, then there will be no conversion rates applied, but if your account currency is different then you will see the conversion rate during withdrawal.
The withdrawal fee is not applied to any of the accounts. Nonetheless, it is essential to check bank policy and transaction commissions, though, as they depend on each institution specifically. If you have a deposit with LimeFX, it will not be a problem for you to withdraw it. Because LimeFX Broker helps your trading accounts a little differently.
As we said before, web trader charts are always provided through the trading view. Meta Trader 4/5 charts are equivalent to TradingView.com. There are many more tools available on TradingView.com than MetaTrader. In the case of MetaTrader 4/5 differently, you can use your indexes and programs to automate trading.
LimeFX has been the biggest retail forex broker in the world since 2015. Last month, their total trading volume went up to $785 billion. LimeFX monthly trading volume is $500 billion but only $300 billion are forex. So you can see that LimeFX trading volume is more than twice as much as their main competitors. How much time does it take to withdraw money from LimeFX? In terms of the time required for withdrawal, it can range from several minutes to several days, depending on the chosen method.
LimeFX offers many unique features that have created better-than-market conditions for most assets. Their approach has resulted in over 300,000 active users and $2 trillion+ in monthly trading volume, which is the highest in today’s retail industry. Most reviews say that LimeFX is indeed good for beginners, especially if they choose LimeFX Standard Account, where they can invest just $1. This account helps in resolving all the doubts and problems that s trader faces at the beginning of the trading process. The trader will also get to learn what real trading is and the risk involved in forex trading. In this LimeFX review, one must expect to read on MetaTrader 4 and 5.
Terrible Service.When you request a…
I chattted them and was told it s a regular account review done on all accounts it will take 1 to 3 days. 3 days fastfoward, tried withdrawing again still not paid. I spoke again to support and was told I will get a mail from financial department.
- In this article, you will learn more about trading broker LimeFX firm and get a better experience from these types of investing platforms.
- In this order I had my SL and TP set, the market crossed my TP level by 21 pips but still, it didn’t trigger my TP.
- As a Market Maker, LimeFX is not subject to inflated liquidity provider spreads and overnight fees.
- This is a type of interest that is prohibited by Riba principles of Sharia law, which means that Muslim traders are often restricted in forex trading.
- Spread is from 0.3 pip for most of the main currency pairs.
- Engine Forex is an information service covering a variety of brokers and products for trading online.
The processing time is subjected to change without prior notification. Maximum lot size of 200 and limefx cheating a maximum of 1,000 positions. The option to convert the account to an Islamic/Swap-free account.
Brief review of LimeFX commission system
So if they are trading on LimeFX, the one who invited them could earn. The second program provides commissions for every requested user. Another advantage to mention is a non-custodial customer support service.
- We ask that you please send a private message to LimeFX’s Official Facebook page with your full name and live account number so we can check your account.
- Each instrument charges a different quote for overnight positions, which may be as a fee or a refund, see sample on some of the instruments above.
- There is no withdrawal fees with this method, but the withdrawals can take up to 72 hours or 3 Business days.
- The minimum deposit starts from 1 $ in each profile.
I deposited on 31 March 2022 but money still not came to my trading account. I deposited with UPI, not getting withdrawal from error showing withdrawal with bankcard and not given by card. Not faithful company, customer care also unusefull, before understanding issue they start advising. Can you please inbox your account details on any of our social media platforms?
The LimeFX mobile app offers forex traders access to instant deposits and withdrawals, a user-friendly terminal, real-time rates, and 24/7 customer support. A proper background verification should be done when a new trader wants to open a trading account in any brokerage firm. This should include examining what the firm offers, trading fees, trading accounts, and other features. The minimum deposit starts from 1 $ in each profile. While Standard conditions suggest a 60% margin, the Professional account provides 30%.
Gold Spot with a sl set it went through my stop loss 1000 points against me and my stop was triggered so I recorded it …. The UK licenses and branch mainly operate b2b business for now tool. Please note that demo accounts can not be restored. Hello, please note that real accounts are archived after a certain period of inactivity, and the balance is less than 10 USD for MT4 accounts, and less than 1 USD for MT5 accounts. I’m also struggling, I made withdrawals and they separated $20 and I haven’t gotten the $10, everyday I talk to support but nothing happens. I’m only able to return my deposits to the card, so I have to use Internet Banking for the profits.
The password is then selected to activate the account. The private area is accessed using the Options menu. Business customers can open a live account or an alternative account for their work. The terminal is useful for both mobile browsers and web browsers.
Next, select the account type, leverage ratio, and base currency. As of this writing, the broker provides Swap Free ECN accounts. It took less than 20 seconds to get a response from the live chat channel. Even when the support staff had to take a break to get some information for the reviewer, it took less than a minute to get the answer from the live chat representative. Customer support on LimeFX is multilingual that provide support in 15 languages vie Live Chat, phone, email, social media and callback request. Their spreads are from at least 0.1 pip with Classic account.
Yes, a free VPS service is available to clients that have deposited at least $500 and that reach a certain trading volume per month. Intended to ensure stable, high-quality technical conditions for Forex trading using autonomous modules . Slippages are then reduced to a minimum and overall trading conditions improved. All clients’ funds are kept separate from the company’s and are securely stored in segregated trust accounts. The company guarantees that client funds are never used for operational or LimeFX purposes.
As the majority of Forex brokers, LimeFX also offers to use leverage, which may increase potential gains through its possibility to multiple initial accounts balance. They did the same to me, I had two trading accounts with funds and they archived one account and stole the funds from it. I also stopped using LimeFX in 2019 when I faced the very same problem.
Also, here you will find daily market survey update information which you can see through the webinar in multiple languages. Since it consists of many languages, you can easily master them. The LimeFX service package is great and helpful for you. The need for additional funding creates much more panic.
As of December 2019, LimeFX had over 70,000 active traders worldwide with a monthly trading volume of over 325.8 billion USD. LimeFX is a financial company founded in 2008 that enables traders and investors to trade forex, metals, cryptocurrencies, energies, indices, and stocks. In the MQL5 language, traders can build automated trading tools. MetaTrader 5 is the upgraded function of the MT4 platform, where both of these platforms are user-friendly by traders. LimeFX Group was developed at a massive speed in the past few years and became an industry leader.