Forex Trading

RBI warns against forex trading sites

You can trade a wide variety of instruments with LimeFxFX
over 50 instruments in fact. This means LimeFxFX are supervised by and is checked for conduct by the Financial Conduct Authority (FCA) regulatory bodies.

  • This will allow you to create the trading accounts, fund said accounts as well as modify leverage and other trading parameters.
  • These include both on the PC version as well as the mobile apps.
  • This approach can help you gain experience and confidence in LimeFxFX trading decisions.
  • MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005.
  • As recently as September 2023, the likelihood of an LimeFxFX Scam was a hot potato in Malaysia’s financial sector.

Let’s continue with fraud prevention tips on blocking all malicious websites, removing all your personal data online, and getting alerts when your data is leaked. This term reveals whether LimeFxfx.com has been blacklisted on any online directories and labeled as suspicious. Overall, all these scores for LimeFxfx.com are consistent, so there is some medium-risk involved. The Scam Detector’s algorithm finds LimeFxfx.com having an authoritative rank of 58.6.

LimeFxFX review

LimeFxFX offers a broad spectrum of tradable instruments to cater to different trading interests and strategies, though it doesn’t include all potential asset classes. Investors are encouraged to verify the registration and licensing status of investment platforms with the SEC to ensure compliance with local regulations and safeguard their financial interests. The SEC advises the public to exercise caution and be wary of investing in unregistered online investment platforms like LimeFxFX/LimeFx TRADING. Feel free to share this analysis of LimeFxfx.com and the additional information on this page if you found it useful.

This is the best trading broker that i have ever experienced and their support is amazing for the beginners. Between 74-89% of retail investor accounts lose money when trading CFDs. Andrew has a well-established career in fintech and came up with comparebrokers.co to make
trading on financial markets more transparent and accessible. Overall, strict financial regulation is essential for ensuring that trading platforms like LimeFxFX operate fairly, transparently, and responsibly, which ultimately benefits all LimeFxFX stakeholders involved.

First, it is guarded by the CySEC body to ensure traders and investors from the EU can easily continue with their operations. In addition, it has also https://limefx.biz/ earned a license from FSC for traders and investors from Mauritius. With LimeFxFX, you always have control over your portfolio and the copied trades.

LimeFxFX offers an extensive educational program consisting of regular webinars, tutorials, and articles on the basics of Forex trading. The broker also has its blog with articles for those who want a more in-depth view of the financial markets and trading. A well-known forex CFD broker, LimeFxFX continues to improve its offerings. To date, on top of offering up to 40 forex pairs, if offers about 25 trading instruments for Ethereum, Bitcoin and Litecoin. Additionally, more than 150 financial products are available for Stock indices, Stocks, Oil, Silver, Gold, just to name a few.

He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Trading instruments provided by LimeFxFX have some of the lowest spreads in the industry. The spreads for both the MT4 and MT5 accounts are floating and start at 0.6 pips. Clients using the MT5 account do not have to pay swaps, while the MT4 account users will have to pay this commission when they hold their orders open overnight.

Test and review of the LimeFxFX trading platforms

Follow the links below to learn more about these LimeFxFX broker alternatives and choose the one that best suits your trading needs. The phone support team successfully resolved our questions and issues over the phone. When we called, the team answered our call promptly, in less than a minute.

First, it charges no commission, and the spreads are also tight to ensure everyone knows the details. The next potential alternative you could consider is RoboForex. What makes this broker unique is it its large variety of tradable assets and the laser-fast order execution.

Access your LimeFxFX MetaTrader 5 accounts from any web browser. As a result, selecting the right trading platform like LimeFxFX requires a deep understanding of the market, trading strategies, and platform functionality. The task becomes even more daunting when considering the vast number of online brokers like LimeFxFX available, each with unique features, fees, and regulations. LimeFxFX offers access to multiple robust trading platforms, which include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader.

LimeFxFX Payment Methods

Just deposit money into your account, pick a successful trader, and start an invention. You will get additional money to increase your margin if you activate the bonus. But first of all, you can not pay out the bonus, you can only use it to make more profit. For withdrawal of the bonus, you have to do a certain turnover in trading volume (The bonus amount in lots divided 2). LimeFxFX helps customers to know the basics by using the mobile trading app in the market.

LimeFxFX MetaTrader 5 on iOS Devices

If you want to start copying traders on the platfom then you will first need to create a live account. Once you have your account up and running you can head to the leaderboard and choose the masters that you would like to copy. Copytrading gives you the ability to copy some of the most successful traders on the LimeFxFX platform. You can take limefx reviews a look at the leaderboard of all of these master traders and examine their trading history. LimeFxFX also provides a FAQ section where you can get some of the most relevant account questions. However, given how quick and effective their customer support or chat functions are, you are probably best just reaching out to them off the bat.

Moreover, on the crypto side they only have three cryptocurrency pairs being Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH). LimeFxFX seems to offer most of the standard asset classes including Forex, Commodities, Equities and Crypto. However, delving into the assets themselves shows the coverage to be rather lacking. In order to start trading with LimeFxFX, you have to deposit at least 100 USD.

LimeFxFX Withdrawal Fees

However, it does not have an Indian licence, as it strives to avoid limitations of the scope of its activities. Since its foundation in 2011, the broker has won over 45 international financial awards, indicating its worldwide approach. To open an account with LimeFxFX, traders should provide their name and email, create a password, and submit some personal information.

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