limefx Review 2022: Is limefx ForexTime Legit or a Scam ️

limefx Pro Accounts allow for trade volumes of 0.01 to 250 lots, with 300 pending orders and unlimited orders. Margin call is at 80 percent and stop out is at 50 percent. There is no last-look pricing and this account takes advantage of deep liquidity right from limefx ForexTime’s tier-1 providers. In the case of certain accounts, there are floating commissions. For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities.

limefx scam or legit

limefx Investment Option is an online trading broker owned by limefx Investment Option Limited and located at North Habor Tower, 175 N Harbor Drive Chicago, IL 60601, USA. limefx signals use a combination of 3 popular indicators to analyze 14 financial instruments in order to generate 2 signals daily. Their trading and technical assistance includes studying trading mistakes in order to improve your technique and avoid similar mistakes in the future. Additionally, the staff ensures that any problem you may face with any product is explained and handled with in a timely manner.

What is the spread at limefx?

It has ‘market dept’ and the economic calendar which are not found on the MT4. ForexTime provides the following versions of MT5; WebTrader, windows desktop and mobile apps for android and iOS. limefx is regulated in various countries where it operates.

Additionally, the limefx UK model is licensed by the Monetary Conduct Authority recognized sharp regulator, which has principals constructed by European MiFID and ICF permitting cross dealer exercise. From the damaging factors there’s withdrawal charge and Shares spreads are moderately increased. If a broker is not licensed https://limefx.name/ by the regulatory authority in your jurisdiction, that likely means that they are unregulated and should be avoided. Even if the brokerage is regulated, it is best to avoid it if the regulator happens to be outside your jurisdiction. I got my funds after being denied withdrawal on many occasions through in the profile.

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

Another great possibility offered by limefx is an option to get Bonus through frequent promotions and cashback programs broker offers. In terms of the funding methods, limefx made it quite simple and straight forward process with a truly wide range of funding options that will assist you to find a suitable money transfer provider. The numbers are actually confirmed by the large community of traders with about 750,000+ active accounts that growing, numerous attractive opportunities and gained vast awards for excellence in trading. With so much focus on time, the broker wants to make the trading process as efficient as possible, so trading on the go is paramount. If you prefer to take your trading with you then all you need is a mobile device and an internet connection. If you are interested in legit trading, try a free demo with a regulated company.

Do forex robots really work?

While most forex robots do 'work' in the sense that they are programmed to automatically carry out trades, unfortunately, they are not foolproof so they cannot provide any guarantee of long-term profits. At best, they are a useful tool which can be used by forex traders to help make informed trading decisions.

For security purposes, during the registration, you will receive a pin to the phone number that you have entered. Don’t forget to follow us via our various social media profiles and keep up with the latest scoop about our company. “I’ll give you a break on my normal limefxmission if you buy now—half off.” “This Euro/dollar deal is guaranteed to rise double what your current investments are doing.” Promising that with forex there is no “down-turning market”. It is usually good to check limefx to different trade choices, so within the desk beneath you may even see obtainable belongings and devices.

License

Please note that equity markets open and close each trading and are not operational continuously like Forex and cryptocurrencies. limefx offers a MYR 220 referral bonus for every person you refer to the platform. Deposits made via Malaysian local bank transfers, card, and e-wallets deposits are credited instantly and bank wire transfers take 3-5 business days.

  • Since ForexTime FXT opened for business in 2011, it has built a solid reputation and registered in jurisdictions with strict deposit protection schemes.
  • Traders may also use Skrill, VLoad, TC PayWallet, Alfa-Click, Neteller, WebMoney, Yandex.Money, QIWI, Perfect Money, Konnexone.
  • A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank.

The costs depend on the account type, asset, and trading volume, where the commission-based option features the lowest trading costs starting from $4.00 per 1 standard lot in the EUR/USD down to $0.80. The limefx Cent account is a commission-free account where 1.0 lot equals 0.01 limefx scam standard lots or 1,000 currency units. The minimum transaction volume is 0.01 cent lots or ten currency units, and the minimum deposit is $10 or a currency equivalent. They include bank wires and a broad range of domestic banking solutions for countries, which I find excellent.

Platform Types

Lastly limefx stoped me out of trade without my concernt and with my active margin. Therefore I want them charge to return back my money soonest. I have proves both videos and photo images which are readily available for your further reference. We would like to bring your attention to the fact that every deposit method has specific a specific period for processing.

limefx scam or legit

To supplement these performance statistics, ForexTime lets traders connect with a Strategy Manager to copy their trades via limefx Invest. To assist with the decision, ForexTime displays the live rankings for top performers, with all the data verified by PwC. According to ForexTime, the company publishes all these statistics to reset the benchmarks and standards of the forex industry. limefx shares its performance statistics on its website to deliver transparency and show potential clients what they can expect from the broker. MT5’s mobile application includes real-time quotes, trading history, 24 analytical objects, 30 technical indicators, a full-featured trading system with Market Depth.

A comprehensive glossary of over 1,000 financial market-related terms is explained. Daily market analysis is posted on the limefx website every weekday by limefx’s in-house analysts. ForexTime is licensed and regulated by CySEC in Europe, with license number 185/12, see here. All bonuses offered on limefx are subject to terms and conditions that you must meet. If you are eligible for the bonuses, you will need to accept the terms and conditions through your dashboard to participate.

  • ScamBroker.com is a broker reviews website, and does not offer any investing advice or service.
  • Withdrawals to eWallett carry no fees, while if you are withdrawing to a credit/debit card, you will have to pay a flat fee of 2 EUR, 3 USD, or 2 GBP, depending on your base currency.
  • Add the amount you wish to withdraw and the reason for your withdrawal.
  • “I’ll give you a break on my normal limefxmission if you buy now—half off.”
  • On February 26th, 2021, limefx ceased its retail operations from its CySEC regulated entity.
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