LimeFx forex broker: LimeFx review: Is Eagle FX a legit or scam broker?

The main reasons I chose them is for the wide range of assets the offer – it’s great to have access to crypto and stocks on the same account. Also it’s good to be able to hold your trading balance in BTC for long term growth. Demo accounts traded on the MT4 platform remain open indefinitely, provided that they are being actively used.

Traders can fund a trading account and begin trading with as little as $10 and can do so using a variety of popular banking methods. LimeFx boasts one of the largest and most responsive customer support teams in the industry, offering 24/7 live support and guaranteed fast response times. Day, night, or weekend, a live agent is always available to help with any problems or to answer any questions. LimeFx is a global brokerage providing over 100+ trading instruments including Forex, CFDs and 24/7 Cryptocurrency trading. When I am choosing a broker, regulation is one of the first things that I look for.

To keep regular Forex and equities traders in the game, LimeFx offers a 53 Forex pairs, including the Dollar Future Index. LimeFx has forged connections with over five tier-one liquidity providers, which automatically ensures that they are able to offer extremely attractive rates. limefx scammers Combine this with the fact that they are an ECN and STP broker, and it immediately becomes clear as to why so many traders are turning to this broker in an effort to maximize their profits. Forex is a high-risk trading instrument which is not suited for all traders and investors.

I always like to check the latest market news before making any trade decision. It is not nice to get caught on the wrong side of a major economic event. Of course, the calendar cannot account for unexpected news releases, or black swan events as they are known. I think the desktop platform is ideal if you want the full functionality to conduct in depth chart analysis and also to run automated trading strategies.

Deposit Bonus – Receive a 100% Bonus on Deposits (Max Bonus $5, . Bonus credited after required lots are traded.

There are 209 assets in total, with the majority of these being within the currency pair and cryptocurrency group.. Standard trading can take place 24 hours a day, 5 days a week, but cryptocurrency trading can take place 24/7, due to the lack of a central market for digital assets. Most forex brokers are regulated by governing bodies which impose strict rules and regulations on them. These rules keep the broker and most importantly, the clients safe from a number of different potential risks. These risks include missing payments, stop hunts, unfair conditions and a lack of fund insurance/security for clients. Spreads and fees will be on every trading product so it’s really important to know how much every trade taken is going to cost you as a trader.

• They are a new broker, so do not have many reviews online at this point – but the few reviews they currently have are positive.
• Minimal spreads and commissions, as all quotes feed comes from from liquidity providers.
• I think there are plenty of tools to meet the needs of even the most demanding of traders.
• They also have a good selection of forex currency pairs and stock CFDs that can be traded on competitive trading conditions.

The web platform is great for when you need to access your account from any device and always want the latest version running. Then there is the MT4 app which is perfect for checking your positions and managing your account whilst on the move. You must understand that Forex trading, while potentially profitable, can make you lose your money.

LimeFx Review 2021

All requests for withdrawal are reviewed and if approved, paid out within a matter of hours. LimeFx works only on the MT4 platform and is available on Windows, Mac, iOS, Android. Minimal spreads and commissions, as all quotes feed comes from from liquidity providers. Use the analytical capabilities of MetaTrader 4 to thoroughly analyze market movements to determine the best times to trade.

Compare their range of markets, trading platforms, deposit and withdrawal methods, and much more. Quick trading functions allow for locking in trading orders straight from the chart with just one click. The built-in tick chart features provide an accurate method for locating optimal entry and exit points. You can view real time bid/ask quotes of multiple assets via the market watch window. The data that is exchanged between the MT4 client terminal and the platform servers is always encrypted.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. So I’ve been with LimeFx for a while but there has been some sketchy things going on recently.

There is a Frequently Asked Questions page on the brokers website where you can get some immediate answers to some of the most commonly asked questions clients have. If you don’t find the answers you were looking for on the FAQ page, https://limefx.biz/ the LimeFx support team are on hand 24/7 to support you whenever you need them via Live Chat, Email or Phone. This is important when you consider the crypto market is open 24/7, so you may need to speak with someone on the weekend.

LimeFx Review and Information 2023

This is because a regulated broker can give you certain protection that unregulated brokers cannot. Whilst LimeFx is a legally registered forex broker located in Dominica, they are not regulated by any government agency. However, the broker goes to lengths to offer security of client funds with multiple security measures put in place to help safeguard them. They use cold storage to ensure clients funds are completely offline away from potential online threats.

The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff. Typically withdrawals are processed within 24 hours but if yours is slow then reach out to the 24/7 support team via live chat to get an update on where your money is. From my own experience and research on forums, traders are saying that withdrawals do in fact come extremely fast.

LimeFx

LimeFx are a reliable broker which I use for forex and 24/7 crypto. I have not had any issues with deposits and withdrawals, where I always use bitcoin. The customer service team is also more helpful than other brokers I have used. Sign up with LimeFx to join thousands of traders currently benefiting from high leveraged full STP/ECN CFD trading with zero conflict of interest through tier one liquidity.

One of the advantages of this broker is that it does not charge any deposit or withdrawal fees. Live customer support is available around the clock, so anyone with questions or concerns will be able to speak with an agent instantly. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the LimeFxpanies.

If you would prefer to speak to someone over the phone, you can request a call back and they will be happy to give you a call. As you can see there is a lot of routes of contact, but sadly there isn’t an email address or a phone number that you can contact for help. Does this mean LimeFx are a scam because they don’t list a phone number? ActionLimeFx was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for over a decade. Empowering the individual traders was, is, and will always be our motto going forward.

Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBrokerReport.com, nor shall it bias our reviews. Withdrawals are completely free and the support team are looking at withdrawal requests hourly to get them processed as quickly as possible. LimeFx are an ECN/STP broker, meaning they have extremely low spreads and fees for traders.

I’ve paid over $50k to this bank broker to get my “so called” funds, and fees continue to be asked after I’ve been promised by Eagle there would be no more fees. I’ve wiped out my little retirement fund as well as my husband’s to try and get my funds. It has been almost 1 1/2 months since I should have received my funds. I’m now bankrupt and Mutuelbnunion is still demanding more more fees, that I don’t have. Not only is Mutuelbnunion demanding more fees but is also threatening to put my money into “money laundering” crime.

As part of their ongoing commitment to user satisfaction, LimeFx have prepared some step-by-step guides on how to activate various functions within the LimeFx platform and MT4. You will find some ‘how-to guides’ on processes such as depositing, transferring funds to trading accounts, how to execute a trade and much more. There is nothing too ground breaking here in my opinion but I am sure the absolute beginners will find something useful to help them get started. If you are looking for even more educational content, IronFX have a good amount of videos and guides.

The opening process is quite easy from the dashboard and you will be given login credentials that you use inside the MT4 platform. LimeFx proudly offers the award-winning MetaTrader 4 platform, complete with a variety of powerful interactive charts, analytical functions and technical indicators. Trade from virtually anywhere using MT4 Android, or trade directly from your browser without any need to download and install software using WebTrader. Before deciding to trade Forex or any other financial instrument, you should carefully consider your LimeFx objectives, level of experience, and risk appetite.

As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry limefx getting more regulated, trading your… LimeFx offers a variety of asset groups such as Forex, Indices, Commodities, Cryptocurrencies, and more.

Are LimeFx Regulated?

LimeFx offers unlimited demo accounts within which current and prospective clients can test the platform, practice strategies, or simply work on their Forex trading skills. Once the decision has been made to fund an account and begin trading, clients can rest assured that their funds are secure. The firm uses state-of-the-art cryptocurrency cold storage to lock funds away from hackers and thieves, choosing to keep funds off of company computers and servers.