LimeFx ForexTime Review 2022: a Safe Forex Broker?

Margin calls are at 60 percent and stop outs at 40 percent. Finally, info on sell, buy, consecutive losses, greatest losses, and maximum simultaneous orders. Underneath this, you can find additional information such as statistics per instruments like profitability, pip, average pip, SL/TP, average SL/TP, duration, and type.

LimeFx scam or legit

Swap free trading with LimeFx is available on this platform. Also, you may select spot metal CFDs, share CFDs on over 170 major companies, CFDs on Commodities, and CFDs on Indices. LimeFx leverage is determined by various measures and firstly set according to the regulatory requirement in one region or another. And then is also based on the trader’s experience and knowledge, so always check with the customer support team first which one is applicable to you. Please DO NOT spread false information about LimeFx without knowing the facts or having real experience with us. We have more than 4 million clients trading with us from around the world and furthermore, we are strictly monitored & regulated by several international jurisdictions.

ForexTime offers a loyalty program in the form of Loyalty Cashback. This program gives you withdrawable cash for your loyalty instead of virtual dollars or points with limited usability. ForexTime also offers regular workshops and seminars for its clients. These take place around the world, with each telling you the language, location, and topic of the seminar or workshop. It is particularly useful for traders using Expert Advisors since it ensures the EAs can run all the time without interruption. When trading with ForexTime on MT4, you can also take advantage of various trading indicators.

Checking if the site connection is secure

We hear more and more stories each day about clients who lost their money to scammers from Telegram or through unregulated services. BrokerChooser only features brokers that have top-tier financial regulators. Additionally, it includes availability of all trade types and execution methods, complete trading account control, and optimization for iPads.

You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide LimeFx or any other advice, for further information please read our General Terms and Conditions. You can contact them in a lot of ways and they give fast and relevant answers. However, customer service is available only on weekdays. You can decide if you want to be an Investor or a Strategy Manager. When you select a Strategy Manager, you have the option to filter them based on risk level, success fee, all-time profit, etc.

Check our blog post “How to recognize counterfeit products” for more information. Spammers use this information to promote services to website owners. Some website owners therefor chose to hide their contact details. Our algorithm gives a high rating if the identity of the website owner is shown. Reportscam.net can have advertising and affiliate relationships with some of the trusted recovery companies and may be compensated through them .

LimeFx scam or legit

Clients can also find tutorials on a range of subjects, and a periodic table with LimeFx terms. There are free LimeFx eBooks, including options for all skill levels from advanced traders to beginners. Finally, ForexTime offers VPS hosting to allow for an enhanced trading experience. By using a Virtual Private Server, LimeFx clients can enjoy a 99.9 percent operational connection time, an optimal connection speed.

They pulled the website apart to determine what and who is responsible for its operation. The spreads on standard accounts are more expensive, but there is no commission fee; the spreads on ECN accounts are more affordable, but there is a commission fee. Trading currencies is just one of the many financial instruments offered by LimeFx. Customers can also speculate on the price fluctuations of their favourite stocks. The minimum deposit for all traders is $10 for the Micro account and $500 for Advantage/Advantage Plus.

Overview of LimeFx Review:

LimeFx maintains one of the best selections of offered payment methods industry-wide. A demo account is available at LimeFx, and I did not find a time restriction. Therefore, it is ideal for testing strategies and expert advisors. Forex demo account is available for MT4 and MT5 and allows traders to select the demo account balance and leverage.

You can only deposit money from accounts that are in your name. The availability of deposit methods other than bank and credit cards is different based on whether the client is from the EU, the UK, or is non-EU. If you want to open a corporate account, you have to send an email to LimeFx.

Forextime offers two commission-free trading accounts, Micro and Advantage Plus, and one commission-based alternative, Advantage. Micro requires a minimum deposit of only $10 or a currency equivalent, while the other two account types require a minimum deposit of $500. I highly recommend the commission-based option as trading costs remain among the best industry-wide, while both commission-based accounts charge relatively expensive fees. LimeFx is an international CFD and forex broker, regulated by the UK FCA, CySEC of Cyprus and the Mauritian FSC. LimeFx customer service gives fast and relevant answers. You can use a lot of educational tools, including a demo account and live webinars.

LimeFx scam or legit

The brokerage firm showed significant growth in a very short span of time in Europe, Asia, and Africa. We recommend you to read this LimeFx reviewto https://limefx.vip/ know more about their scam. LimeFx offers traders the MT4/MT5 trading platforms and has developed its proprietary mobile app, LimeFx Trader.

DONT DO IT WITH LimeFx

In design and functionality, LimeFx’s MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on the desktop trading platform. You can choose from bank transfer, credit card, and electronic wallets for withdrawal. You can use the same electronic wallets as for depositing, except Alfa-Click, Western Union Quick Pay, and Dotpay. In the review, we have tested theECNandStock CFDs MT4 accounts. Since our testing these platforms have been renamed to Advantage Account.

  • Unfortunately, LimeFx is not available to traders in the USA so these clients will need to find a different broker.
  • In addition, a trading dashboard with your balance, profit, and margin as well as the ability to open, close, or modify positions within a matter of seconds.
  • Over 90% of LimeFx opinions from customers regarding ForexTime customer support are positive.
  • There is a free sample of this quarterly market outlook available for non-clients.

Below this, you will find charts and graphs detailing returns and monthly statistics by trades. Clicking on any of the Strategy Accounts will show you its rank, the number of investors, the days open, the risk level, the return. It will also show you specific figures for the day and month. To become a Strategy Manager, you register for an ECN Zero Account and verify your profile. Then, you get your own Manager page to display trading statistics and start sharing your trading results via social media.

Till this day I had the best experience with them I hope this continues to the future. If a broker can’t pay a referral then it cant give you your money on withdrawals from trading accounts. On the plus side,customer support gives fast and relevant answers.

Below this are general statistics, including total trades, profitable trades by percent, average trade length, consecutive wins. Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits. It is a copy trading program that relies on cutting-edge technology.

Deposit and withdrawal

Margin call is at 80 percent and stop out is at 50 percent. With Shares Accounts, the trade volume can be between 0.01 and 10 lots. There is a maximum of 100 orders and 100 pending orders. Margin call is at 40 percent and stop out is at 20 percent.

As per our clause clearly mentioned in your Client Agreement with us, if you do not conduct any trading activity before requesting for a withdrawal, you will be charged a fee. We tested it and collected the options and costs in How to withdraw money on LimeFx. Our ultimate guide to the LimeFx minimum deposit is updated regularly. LimeFx is regulated by several financial authorities, including the top-tier FCA.

Commissions on this account start at just 0.1 pips on stocks, making it a great stock trading account when compared to other major brokers. I have multiple account with different broker my LimeFx account alwys hit stop loss more than that of other.. So Once i bought on eurusd in two different account and put my stop loss in same pips.. What i saw was that LimeFx account hit my stop loss whereas other account was in profit.. It is the beginning of the second quarter of the year, which means it’s time for the quarterly reports with the unprofitability percentage from the forex brokers. Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites.

Opening an account only takes a few minutes on your phone. If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you don’t have to pay a conversion fee. Click here to see a detailed limefx table in the Deposit and Withdrawal chapter. We know it’s hard to compare trading fees for CFD brokers. So how did we approach the problem of making their fees clear and comparable? We compare brokers by calculating all the fees of a typical trade for selected products.

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