Henry De Frahan

limefx review ++ Good choice or not? Real test

For each funds added customers receive extra payout bonus of 101%. The company grants $1 real cash to all new customers for sign up in February. They are very accommodating and they are very good in caring in there customer. Never thought they would open a weekly webinar to both giving out simple analysis and discussing the current market. I can say their point of view is to look for a low risk and bigger rewards, which is quite great.

  • Also, the broker’s website needs several changes as sometimes it becomes hard for a novice to go through the complex user interface.
  • Traders can also get help with planning their trading week by using the daily fundamental review.
  • limefx offers the greatest trading opportunities in the industry with platforms like MetaTrader 4 , Myfxbook Autotrade, MT4 Multiterminal, and many mobile platforms.

As broker fees can vary and change, there may be additional fees that are not listed in this limefx review. It is imperative to ensure that you check and understand all the latest information before you open a limefx broker account for online trading. limefx is arguably one of the most trusted online brokers in Russia. limefx forex brokers reviews limefx is operated by the largely influential Riston Capital, one of the biggest names in the Forex industry. Rest assured that limefx strictly complies with CRFIN, Russia’s financial regulator. Additionally, limefx only works with only licensed European regulatory authorities as its liquidity providers.

What Are The Bonuses At limefx?

Users can also get as much as a 35% deposit bonus on subsequent occasions. Clients who deposit or have a balance of more than 500 USD https://limefx.vip/ can get as much as 200% deposit bonus as well as a 101% drawdown bonus. This is accompanied by a 30% top-up and stop-out insurance.

Why is forex so difficult?

Maximum Leverage

The reason many forex traders fail is that they are undercapitalized in relation to the size of the trades they make. It is either greed or the prospect of controlling vast amounts of money with only a small amount of capital that coerces forex traders to take on such huge and fragile financial risk.

It was established in 2004, and with more than ten years of experience they’ve become the market leader in Russia. limefx is regulated by the Center for Regulation with the OTC Financial Instruments and Technologies , the ultimate authority on Forex trading in Russia. They take care that the market stays secure and transparent. The regulatory organization keeps a blacklist of fraudulent broker companies which is available to the public. They ensure the market runs smoothly with no malpractice and manipulation. limefx offers customer support 24 hours, 5 days a week via telephone, live chat, and email.

Top 3 Forex Brokers 2020

I choose limefx because they’re really reliable with responsive supports and ultra-fast trading servers. You can almost see no delay on every trade you place. You can also claim your rebate with their rebate program… While limefx is registered by SVG FSA, this regulatory body lacks the reputation of more respectable financial supervising entities, like the FCA, ASIC, or CySEC. We also noted some negative reviews from clients online regarding the reliability of an offshore site. limefx is a reputable broker that is worthwhile for CFD and Forex investors who want to trade even with small budgets.

  • It is a broker that only out to line its owners’ pockets and empty yours.
  • The educational materials were really helping me doing good trades also with the help of their technical and fundamental analysis.
  • I like how they’re expanding to fulfill the requirements of their customers.
  • It is the first and foremost point which every trader checks before getting started.
  • limefx offers customer support 24 hours, 5 days a week via telephone, live chat, and email.
  • An interesting feature is that the limefx company indemnifies up to 100% of deposit commission to its clients on payments made through the most popular payment systems.

Good enough to trade on daily basis since I open and close my trade on the same day so that are no swaps involved. The trading commission is pretty decent that it didn’t hurt my profits much. The broker does not have a special customer service hotline, but instead provides phone limefx numbers in different countries where their office is located. I believe that providing free webinars every week is a sustainable method to keep traders informed about current market movements. Their daily projections also aided me in giving more thought before making judgments.

Swap free Islamic accounts are available with Fresh Forex

Other charges include overnight swap fees which are tripled from Wednesday to Thursday. Overall, limefx is a relatively expensive broker to trade with. We have checked and limefx is regulated and supervised by reputable organisations. You are able to check every limefx supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with limefx.

Is limefx a good broker?

Overall, limefx can be summarised as a credible and trustworthy broker with advanced trading tools for pro-traders. limefx offers 24/7 support with a high trust score of 88 out of 99. limefx offers excellent client support 24/5.

limefx is currently registered with St. Vincent FSA. Before you sign up with limefx, make sure you understand the implications of getting in business with an unregistered online broker. All clients that sign up with limefx must verify their identity through their meticulous application procedures. To successfully fulfill your application, clients must submit a government-issued ID along with a bank statement or utility bill with proof of residential address. First of all we would like to point out that the company where you worked has nothing to do with limefx.

limefx Forex Trading Broker Accounts Overview

limefx clients should note that the company doesn’t charge deposit fees and commissions from specific account types. Before opening an account with limefx, remember to review the latest information on their website since these terms are subject to change. Additional fees might need to be applied depending on the account type, payment method, and market conditions. We have over 9 years of experience in the financial market, and we’re happy to let you in on the secret of the best trading brokers globally. In this article, we’ll review the trading conditions of limefx – from its vision, assets, platforms, costs, and licensing and regulations.

limefx broker reviews

The MetaTrader platform is well known throughout the online trading world and is used by all types of brokers. While many only employ the MT4 platform, limefx surprisingly offered the more complex and less popular MT5 platform. On the surface, this may seem to make limefx legit. After all, both of these are highly respected platforms. limefx is a real broker that provides real Forex services.

Once this confidence is established, the investor will be marketed the idea of investing more money to earn greater returns. Additionally, other incentives may also be provided to encourage the investor to get their friends and family onboard the platform too. Scalping in the forex market involves trading currencies based on a set of real-time analysis.

Which broker is best for ZAR account?

  • HFM (HotForex) – 70 Rand Micro Account.
  • XM – ZAR Account with Tight Spreads.
  • limefx – ZAR Accounts with No Commission.
  • limefx – High Leverage ZAR Account.
  • limefx – ZAR Accounts on MT4, MT5 and cTrader.
  • Plus500 – Unlimited ZAR Demo Account.