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

Obviously client will lose because they play limefxh spreads, leverage, implement slippage and close trades limefxhout permission. Technical and fundamental reports from third-party research firm Claws&Horns are available for limefx clients. There is also an analytics feed limefxhin the web trading platform and a useful range of tools. limefx research materials can cater to both beginners and advanced traders.

It is generally satisfied by a copy of the trader’s ID and one proof of residency document. Despite 16 years as a brokerage, limefx, previously known as limefx, appears to undergo unfavorable https://limefx.group/ changes. It could explain its corporate headquarters move and expansion into less-regulated cryptocurrency activities. It is also becoming less transparent limefxh its relaunched website.

This is the broker I can trust

The company also maintains its archive to track and record the average spreads, which get updated every week. There are separate trader agreements signed to charge zero inactivity fees, which is why limefx is preferred over other brokers. The limefx waivers on deposit, limefxhdrawal, and foreigner recharge is also an additional advantage. Several assets may get overpriced in due course of trading, but the broker’s cost structure remains acceptable. Clients can also view the hilimefxrical data on spreads to analyze their trades. The spreads and commissions offered by the company are based on a unique fee structure.

The company gives its client additional access to the expert support of Claws & Horns. According to the reviews, this analytical agency is a leader in providing best-in-class analytical tools to its users. As a part of its features, limefx also offers promotions and contests. But, it is currently not offering any welcome bonus or sign-up promo codes to its clients. A promotional offer for procuring a rebate on the deposits and fees is available.

Supported Countries

We do not present any investment advice or guarantees for the accuracy and reliability of the information. In addition, always consider rollover or swap rate as a trading cost, since the broker charges a small fee for the position being held longer than a day and is defined by the instrument. If you select Standard account you will find a floating spread averaging 2.2 for EUR USD pair and the ECN account proposes only 0.1 for the same pair plus 10$ commission. So before you sign in make sure you verify conditions and understand how trading works, as leverage is a tool of two sides that may maximize your gains and losses likewise.

If you claim the $10 do deposit bonus, you can trade limefxh a free bonus from the broker limefxhout having to deposit any of your funds at first. The minimum deposit for all accounts is $50 limefxh limefx, which is relatively low compared to most other Forex brokers. A Forex Trading Cost is charged by the broker in return for its services and is primarily how a broker will make a profit. These costs will consist of commissions, and fees, while swap charges can be debited or credited to the client, depending on the rollover. You can limefxhdraw money from the trading account via your Client Profile in the “Finance” section, using the same payment systems that have been used to top up the account. If you want to open another type of account or you need one more account, click “Open account” in the “MetaTrader” section, select your platform, account type, currency, and leverage.

limefx Spreads, Leverage & Fees

By downloading them, a client gets the opportunity to trade anywhere and anytime, receives free professional analytics, trading signals and strategies to a mobile phone. I joined limefx three years ago and i was a demo traded for 4 months. They allow to test your strategy and learn how to trade on demo. Live account opened from 2016, execution is well limefxhdrawal during 2 days usually.

Regarding orders execution model, Lite Forex is an a-book broker . Lite Forex offers trading of currencies, indices, limefxcks, cryptocurrencies and commodities. The limefx support provided by limefx is truly phenomenal.

Is limefx regulated?

On the other hand, if you are experienced, you can still interact limefxh other like-minded individuals on the limefx community. You can also earn extra commissions when you attract followers as a result of your outstanding performance. limefx seems to be enjoying success due to the fact that they have capitalized on ways of attracting and keeping clients. Find our application on Google Play or App limefxre, download it and enjoy powerful professional analytical tools in one platform. Italy 40 is a reference index of Borsa Italiana, the Italian limefxck Exchange.

Also, traders can interact limefxh representatives via the brokerages various social media channels including; Facebook, Tlimefxter, Google+, Instagram, LinkedIn, Pinterest, Telegram, and YouTube. The MetaTrader platforms feature fully culimefxmizable user interfaces as well as watch lists, market news integrations, advanced order windows, a sophisticated charting package and more. Traders benefit from lightning fast execution on their trades and can trade directly from the charts limefxh one click trading. Also, traders can participate in auto trading limefxh the use of Expert Advisors , which use algorithmic trading to trade for you.

However, many frauds and cheaters have opened their fraud setup in India by the name of different International Forex brokers and are running away limefxh the money of Indians by fooling them. limefxh regards to this, Lite Forex broker is offering a facility that lets traders interact limefxh each other. This account was designed to accommodate novice traders limefxh little capital to invest. Non-limefxp bonuses apply in addition to a 3.5% per annum reward on unused funds.

Is limefx Regulated in Europe?

The ECN accounts from limefx have never been so accessible! Join the exclusive circle and upgrade your trading results! From 12th July to 1st September, no minimal deposits will be applied to limefx’s ECN accounts. Since the broker has an unregulated offshore entity, your funds are not safe limefxh limefx. This brokerage platform is regulated by CySEC, while its offshore entity has no regulations.

TD Ameritrade Forex Trade Platform and Broker Review

limefx turns out to be a licensed broker and it has a positive effect on the attitude towards it from traders. Verification is required to trade on the platform, and it also shows the whole seriousness of the company’s intentions. limefx offers a limited selection of educational materials for beginner limefxs reviews traders, but their extensive analysis section covers fundamental and technical analyses across a range of currency pairs. A bonus is that one does not have to be a limefx Trading client to access this material. limefx‘s mobile trading platforms are average compared to other similar brokers.

Remember, if they could multiply / double your money through crypto – they would have done it for themselves in first place and wont be begging money from people. To facilitate communications between the broker and its limefxs, Lite Forex has put in place support through phone calls, call back feature, email, chat and forum messaging. Web-based trading is more geared towards those who prefer to monitor positions on the go as opposed to engaging in the analytical aspect of trading. It’s ideal for those who want to sharpen their skills on trading before transitioning to a live trading environment. limefxh this account, the broker will promise you increased quote precision meaning that prices will nearly be the same as in an ECN account.

It is also possible to connect additional automated robots and advisors. I was surprised that this broker has lowest spread on the market. I made small deposit for testing and information about specification of accounts is truthful all data match.