The company also runs a variety of forex contests to give clients a chance to showcase their skills and prove their expertise. They can compete with traders from different limefx company reviews parts of the world and win titles and prizes if they win. The LimeFX support desk is available throughout on regular weekdays and its available 24 hours a day.

As per check, your withdrawal request placed yesterday is under process and our standard processing time is 24 working hours for the funds to be released from our side. Delays would occur if the right documents for verification are not provided in time. We follow strict regulations when it comes to the security of our client’s funds to ensure that the funds arrive to you safely. On the plus side,customer support gives fast and relevant answers. There are several educational tools, including demo accounts and webinars. You can use a lot of educational tools, including a demo account and live webinars.

Brokers By Platforms

There are no commission fees on trading for Micro and Advantage Plus. On Advantage Accounts, commission fee is average of $0.4-2. ForexTime has several excellent qualities that make it one of the most sought after LimeFXpanies in the industry. Of course, not all trading features guarantee a perfect trading environment, but a majority of the broker’s features are certainly more conducive to trading for most trader requirements. It is not a surprise that LimeFX has received the accolade of being the fastest growing broker in recent years, and we will evaluate the service further in this ForexTime review. Arguably one of the most important topics of a broker are the products they offer.

I always recommend that traders check them before evaluating the total trading costs. LimeFX offers traders a commission-free and commission-based Forex account. The former ranks among the more expensive ones, but the latter account limefx scam is one of the best ones available. I can highly recommend it for high-frequency traders and scalpers. Check below to the account types table for more information. Dear investors, My Strategy is based on Automated Forex Trading.

The traders trade on market execution with ECN accounts, and the spreads are generally zero on some of the most popular currency pairs, including EUR/GBP and EUR/USD. This account type is Advantage because of the ultra-tight spreads and execution for orders allowing traders to enter their trades at current prices within milliseconds. However, on the downside, this account type comes with a commission ranging from $0.40 to $2 per $100,000 notional https://limefx.name/ value. The MT4 platform offers interactive charts that are easy to read, and traders can analyze the markets in real time. They also access over 30 technical indicators that help them identify market trends and LimeFX trading signals. Other notable benefits of the LimeFX MT4 trading platform include the robust security system, multi-device functionality, and multi-account manager for ultimate convenience and easy management of trades.

After the loss of 4,683 US dollars, the platform deleted the RMB deposit link, resulting in the inability to deposit funds through online banking. The amount of loss in transaction record data is changed to withdrawal. Background management lacks realistic results, resulting in inability to correctly count the specific circumstances of losses. Spreads on Micro and Advantage Plus accounts start from 1.5 pips.

Traders Reviews

These include an Orders Indicator, Pip Value Calculator, Pivots SR Levels, Spread Indicator, Market Data to CSV, and Day Bar Info Indicator. There is a free sample of this quarterly market outlook available for non-clients. Clients can download the full PDF without any additional cost. The slippage graph shows that most LimeFX clients get to take advantage of positive slippage while enjoying reduced negative slippage.

• The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities and indices.
• LimeFX offers a well-regulated platform and an excellent overall quality of services.
• There are actually LimeFX Trading Signals, which are all created to interpret fluctuations in key financial instruments based on price.
• Processing times range from instant to 24 hours/up to a business day for most methods.

LimeFX will return funds to the payment processors used for deposits, and it appears that traders must withdraw profits exceeding them via bank wire only, which is expensive. For traders who want to trade while they are on the move, LimeFX has also provided them with mobile apps for the MT4 and MT5 trading platforms. These apps can be downloaded for free from Google PlayStore or Apple App Store. Wide Range of Products – LimeFX offers a wide range of trading instruments, trading platforms, and trading signals. Withdrawals via VISA, MasterCard, Maestro are subject to a fee of US$3/€2/£2.

It also means that there is a wealth of resources and tutorials available, both from ForexTime and other sources. Of course, that also means that traders get all the great features of the MetaTrader platforms. LimeFX offers this since it makes it possible to make a profit even when asleep. Of course, automated trading can lead to losses as well as profits, as everything depends on your strategy and the market. This method lets ForexTime clients create their trading strategy or choose the strategy of someone else.

We’ve got a lot more Promotions & Contests coming up, so stay tuned! And you can always reach out to us if you need any assistance. I deposited using their crypto method and I did not see my account credited for few days. Thus, I email the support and they replied will resolve this issue asap. It had been 20days and I still did not see my deposit in my account.

Educational Resources Offered by LimeFX

The broker is also regulated in several jurisdictions such as in Cyprus, UK and South Africa. • Cross-device trading, allowing you to open a position on your desktop and close it on your mobile phone for your ultimate convenience. LimeFX Trader allows you to react to the markets instantly and open and close your positions at lightning speed. Launched in 2011, ForexTime or else LimeFX is an ECN Forex broker headquartered in Cyprus . ForexTime Limited is regulated by CySEC (License 185/12), ForexTime UK is regulated by FCA UK , and Exinity Limited is regulated by FSC . The simplest way to create an account with LimeFX is through clicking the Open Account buttons on their page then fill the registration form available.

• LimeFX exclusively uses the MetaTrader family of apps for mobile trading.
• A truly challenging experience available in both Demo and Live accounts hence is an ideal for both experienced and “fresh” traders, which is definitely another Pro point for LimeFX.
• The encryption includes server authentication and user identification policies.
• These fees should be considered also, as LimeFX will charge you 5$ per month in case you didn’t show any trading activity for a period of six months or more, this is known as LimeFX Inactivity fee.

Follow the simple steps mentioned here to open an account with the LimeFX platform. LimeFX or ForexTime UK Limited is regulated and authorized in several jurisdictions. It is regulated by the Cyprus Securities and Exchange Commission and holds a license under the Financial Sector Conduct Authority of South Africa. It is also registered with the Financial Conduct Authority of the UK. Exinity UK Ltd is regulated by the Financial Services Commission of the Republic of Mauritius and holds an LimeFX Dealer License.

The LimeFX brand is also regulated through the FCA, CySEC and the FSCA which are amongst the most stringently regulated financial authorities. LimeFX holds the continual offering of excellent trading conditions at the heart of its… What is more, Forex Contest is established by LimeFX competition held regularly and is one of the ways to test strategy, polish skills and grow confidence. A truly challenging experience available in both Demo and Live accounts hence is an ideal for both experienced and “fresh” traders, which is definitely another Pro point for LimeFX. For recently available contests check the official LimeFX website. Of course, LimeFX offers applications for mobile or tablet devices, so you will always have access to your account at personal convenience.

As you’ll find out in the following ForexTime LimeFX review, this app stands out for its quick trades and withdrawals, which are facilitated by the MetaTrader platform. The minimum deposit requirement at LimeFX depends on the account type. For Micro accounts, traders must deposit a minimum of $10, whereas, for Advantage and Advantage Plus accounts, the LimeFX minimum deposit requirement is $500. Traders at LimeFX can trade indices including AUS 200 , GDAX , ND 100m (US Tech 100– mini), UK 100, SP500 (US SPX 500 – mini).

ForexTime has a vast amount of educational resources on hand, including a section all about learning how to trade forex. This section explains the fundamental concepts within the forex trading industry. That mobile application includes unlimited access to MyLimeFX as well as cross-platform trading, 250+ financial instruments, no need for extra downloads. Those with ForexTime accounts can use MetaTrader 4 and MetaTrader 5. This compatibility with the top forex trading platform eliminates the learning curve for those who switch to LimeFX from another broker.

While stock baskets are typically considered collections of various securities (such as stocks, currencies, etc.), they work slightly differently with LimeFX. LimeFX’s in-house market analysts transform its stock baskets into indices, enabling you to trade price changes across many firms, based on sectors and overall trends, with a single trade. I have been using this broker for about five years and I can say so far they have been fantastic. Their customer service is top notch and they are very responsive and ready to help at anytime. Their customized MetaTrader platforms earn high marks from traders – more than 2 million to date have used the platform. LimeFX is not among the oldest or the largest online brokerages for trading forex, cryptocurrencies or other high-demand asset classes.

How to open your account

These accounts offer a viable solution for people who want to make money in the forex market but do not want to trade the market themselves. Micro Account – most accessible account offered by LimeFX with low minimum deposit & instant execution, zero commission and spreads from 1.5 pips. We calculated the commission for an account balance between $0-$2,999 and trading volume of less than $100 million. Overall, LimeFX is a solid platform that offers their clients great value for their dollar. Take time to test run the platform with their demo account. From there, look at the options in the education section and review the variety of products offered.

• Hence you will always have access to your account at personal convenience.
• Micro Account – most accessible account offered by LimeFX with low minimum deposit & instant execution, zero commission and spreads from 1.5 pips.
• In order to fund an account or to send money to it you may choose among the following methods, which may also vary according to your country of origin.
• Depending on the deposit method chosen, transfer time ranges from instant to five business days.
• However, while words are easy to write down it would take some time to truly gauge their level of reliability.

They ensure traders have an edge versus the out-of-the-box versions most brokers offer. LimeFX offers desktop, Apple, mobile, and tablet versions of the industry-leading trading platforms MetaTrader 4 and MetaTrader 5 to meet a wide range of traders’ needs and increase their trading flexibility. If traders prefer to trade directly through their browser, they can use MT4 and MT5 on PC and Mac To trade, WebTrader – no download required! For traders with multiple accounts, LimeFX also offers traders a Multiple Account Management System on MT4 for easy management and ultimate convenience.

I like that LimeFX does not incorporate unnecessary steps or questionnaires. Besides offering tight spreads for competitive commissions, LimeFX also keeps swap rates on leveraged overnight positions low. Hong Kong equities face additional fees, which also remain very low. LimeFX is a legitimate, safe, and secure broker, as it is highly regulated, holding licenses in several jurisdictions, including the tier 1 financial center of London. Its UK license may entitle account holders to state compensation in the event of broker bankruptcy of up to £85,000. With the Daily Market Analysis, traders can get insights on the current development in the market.

ForexTime Trading Terms

You’re charged $5 per month after six months of inactivity and most withdrawal methods also have a fee. LimeFX processes most withdrawals within 24 hours, but it may take up to five business days for clients to receive their funds, dependent on the payment processor. Most online payment processors will credit accounts instantly after LimeFX has completed the withdrawal. The minimum deposit at LimeFX for the Micro Account is $50 or a currency equivalent. The Advantage and Advantage Plus alternatives each require a minimum deposit of $500. While this latter figure is relatively high, I believe the trading conditions offered here are more than worth the deposit size.

That gives the clients the best possible prices for both bid and ask. It also provides the ability to deliver those previously mentioned instant trades. The tight spreads from ForexTime help to ensure that traders can take advantage of low initial trading costs. Rising demand for Forex, trading and LimeFXs itself, however, attracts numerous… Forex broker LimeFX has recently announced that it got a license from the Financial Services Commission in Mauritius.

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. Also, the trades by hour and trades for specific days of the week.