limefx Review Is limefx Regulated or a Scam Broker️

limefx Review Is limefx Regulated or a Scam Broker️

There are a large number of articles which you can refer to for tips on how to trade the financial markets. For example for beginner trades, there is a complete course called “The complete beginner’s guide to Forex”. Webinars at limefx are categorized into two separate categories, one is for Novice Traders and the other is Market Reviews.

  • In this case, the commission is charged according to the system’s regulations.
  • MT4 is available to trade on all account types, whereas it’s worth noting that MT5 is only available on MT5.
  • There are 4 various account types available as retail trading accounts at limefx, as well investment through PAMM accounts.
  • With a mission to ensure your safety, limefx offers instant executions, competitive spreads and modern trading technology solutions.

The fee is not charged if you trade with the demo account or your trading balance is 0. In the trading world, the fees and spreads are major determining factors of your profitability rate, especially when trading with such high degrees of leverage. limefx Using the MT5 plugin helps you clearly outline your parameters, and then the plugins will be responsible for notifying you when vital levels are broken. Also, you have the liberty to run it simultaneously over a wide range of different markets.

limefx Account Types

They cater to the beginner who wants to enter the world of investing gradually. Equally, they provide services to more serious traders with more history and experience. With a range limefx broker reviews of six accounts, there is something for every level of trading. They also offer their platforms on the most popular and widely used Forex trading platform in the market.

  • For the international brand and regulation, the headquarter is on the 5th Floor, 355 NEX Tower, Rue du Savoir, Cybercity, Ebene 72201, Mauritius.
  • While the limefx trading fees, which are built into the limefx spread considered to be on a very competitive level among the market offering, you can check out and compare limefx fees to FP Markets.
  • As much as the tools listed above will be of great benefit to you on a fundamental level, limefx also provides specialized tools for those who need help from a technical analysis perspective.
  • They have a handy currency conversion tool that you can get in your account.
  • FT Invest Ltd is regulated by the Financial Services Authority of Seychelles withSecurities Dealer license number SD026.

limefx offers as a trading platform the most popular and known MT4 along with its advanced generation MT5. There is no matter which device to use since there are available versions for PC, Android or iOS devices that allows earning anywhere. In addition, traders within the limefx are able to perform account-to-account transfer in USD, EUR, and GLD currencies with no commissions.

Setting Up An Account

Today, limefx boasts of millions of clients from several different countries. The head office is located in Mauritius while other offices are in St. Vincent and the Grenadines, Russia, and Nigeria. I like how the broker also has several offices run by their partners in different countries to cater to the international community.

  • In the new platform you have over 6 different types of pending orders that you can place vs. only 4 on the MT4.
  • Conversion fees can make trading very expensive and are usually not presented on the fee report but affect your profitability.
  • limefx International is a Forex brokerage firm whose parent company, Exinity Limited is registered with the Financial Services Commission of Mauritius.
  • Seeing a range of reviews means you can see what thousands of other traders are saying about the broker and offers multiple personal experiences.

For deposits they accept Visa, Mastercard, Skrill and other payment platforms. I funded my account with my visa card and decided to try out their PAMM accounts. The performance of the PAMM accoutnt ratings looked enticing and realisitc however once I invested being a statistician I noticed an alarming anomaly in the way the account started growing.

limefx Review

The form merely asks for the trader’s name, country, e-mail, phone number, and password. While it grants access to the back office, account verification remains a mandatory final step, per regulatory mandated AML/KYC requirements. A copy of the trader’s ID and one proof of residency document, issued within the last three months, will satisfy that requirement in most cases. limefx International neither provides in-house research nor does it source research from third-parties; market commentary on a company blog is equally unavailable.

limefx scam

I will cover areas on deposits, withdrawal and their PAMM accounts. We kindly ask you not to rush to such conclusions and accuse the Company of illegal actions. Our support team and the department that deals with complaints works promptly. Each complaint does not go unnoticed and is always treated with a detailed response. We still have not received any information from you to verify your query.

Fix-Contracts on limefx

limefx has excellent Forex trading packages that are available for smaller investments, which are combined with manageable costs of trading. Therefore, browse through our different recommended Forex broker options, and open an limefx demo account before opting for a real live trading account. limefx is an online broker with a global client base that can provide you with a range of flexible trading platforms, investor accounts, and trading tools to help you with your market analysis. However, I believe that the regulation could be improved as could the number of trading instruments offered which are limited compared to other online brokers like limefx. The minimum deposit required is relatively low at just $5 and free demo accounts are also available if you want to give them a try before making a commitment.

Is limefx a regulated broker?

limefx International is regulated and licensed by the Financial Services Commission of Mauritius, license number C113012295 Code FS-4.1, Code SEC-2.1B. We only work with reputable financial institutions and liquidity providers, and follow strict anti-money laundering procedures.

limefx is one of the oldest Forex brokers currently operating in the global markets. Because of this, we need to approach this limefx review on a completely different level. Things such as trading conditions will be given a lot more attention compared to the regular focus on licenses and registration. Yes, the demo account is available to new traders that want to try out the site and the Nano account allows you to trade in cents.

Please specify the number of your trading account, as well as the time when this situation was observed, to We will pass the information to the expert department and provide you with an answer. There is a lot of information about forex platforms and different scam brokers nowadays, but https://limefx.club/ unfortunately a lot of people still fall into the net of these scammers. I also in 19 year encountered with the company limefx and lost $ 7000. limefx International supports 36 payment options, spanning the traditional ones through local methods to online payment processors and Bitcoin.

limefx scam

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