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LimeFx Review 2023 Trade CFDs on 250+ Assets

LimeFx scam
LimeFx scam

There are also no commissions to pay and spreads are reduced to affordable levels. As per our review, LimeFx provides four types of accounts, where the trader can choose as per their choice and as per the services rendered. They are platinum, gold, silver, and Pro accounts. Each of the accounts has specific advantages, yet it also has a few limitations. Specifically, the amount of leverage also depends on the type of account. Besides, there is a difference in swap and spread fees, which are 25% lower for gold account members and 50% lower for platinum account members.

The MT4 platform offered by the LimeFx broker is only the basic version of the MetaQuotes software. If you are expecting add-ons such as real-time news or third-party analytical systems such as Autochartist or Trading Central, you will be disappointed. On the flip side, the product offering is definitely on the lower side, especially in the stock trading range. While the broker’s stock CFDs comprise listed companies only on the US exchanges, a few additions from the other major global exchanges would bring in some uniformity. The other drawback is with customer support, which is not open 24/5, and the pace of response is way off the mark. This broker has over 250 total instruments available for their traders, putting them in the same ballpark as other brokers like ETFinance.

There is no maximum deposit amount, but if you are depositing via bank transfer, the minimum amount is 1000 USD/GBP/EUR. Minimum deposits are 100 USD/GBP/EUR. Contracts for Difference let you speculate on price or fall of the underlying asset without to have any ownership rights on the underlying asset itself. In this respect, they are considered to be a flexible trading option.

One of the best brokers I’ve worked with. It was thanks to 101 that I was able to survive the pandemic quite comfortably, because it was trading that gave me a source of additional income. All the accounts can be accessed as Islamic accounts. Go to the demo account registration portal on the broker’s website. There are two types of costs with 101 Investing, namely spreads and swaps.

Is there a commission-free trade bonus in 101 Investing?

The brokerage firm has various features to ease the process of forex trading. Let’s dive deep into a detailed LimeFx review 2023. Hedging is allowed with all the account types. At the same time, all accounts needed a minimum deposit of $250. The broker offers commission-free trades across all the account types.

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They make money from your losses. If I didn’t have a broker playing my self would have been better results. I know that reporting them to CYSEC will probably take a long time, but that doesn’t bother me. What have I got left to loose?

You can also take advantage of industry-standard leverage rates, low fees, and different account types. If that wasn’t enough, the broker also provides you with research tools and educational materials to help enhance your knowledge. Clients have the choice of four account types plus the Sharia or the swap-free account. The broker offers all clients, retail and professional, negative balance protection, but only the former comes under the protection of the Investor Compensation Fund . We were negatively struck by the diffuse account structure at LimeFx. The division into different account types is widespread, but not user-friendly.

Reasons to Suspect LimeFx  is Operating a Forex Scam

Note that the content on this site should not be considered LimeFx advice. Investing is speculative. When investing your capital is at risk. Your LimeFx may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive a commission from the companies we feature on this site.

All payment methods vary depending on the client’s country of residence. Moreover, fees charged by institutions can vary and you should check those first. Spreads on silver and gold are 0.037 and 0.37 respectively. You can open an account fairly quickly by filling out the online sign-up form. The form will ask for personal details, LimeFx experience, and security documents, before requesting your initial deposit. How can one trust an LimeFx company if the first thing they do is selling your phone number and email address??

Is LimeFx a safe broker?

It also offers an exhaustive and wide range of educational materials that help improve your trading skills. You can find two separate sections on the website to contact the customer team and the management team. The customer support team responds to a call in 2 minutes, which is very helpful for the users who are having issues or problems.

Is investor com legit? is considered the most popular financial websites worldwide. It offers tons of information and useful tools available for free.

Traders who would like to find out more about this can obtain further information on the CySec site. At LimeFx, our reviewers were impressed to find a wide range of depositing methods. You can fund your account via bank wire transfer, credit and debit card, Skrill, Worldpay, Solidpay, and eMerchantPay. First things first, let’s start our in-depth LimeFx review by checking out the broker’s background and regulatory measures. It gives me so many great opportunities to make money online.

Profit is also satisfactory. Exemplary forex trading broker. I get amazing profit and am dealing with amazing people. Outstanding services I have ever witnessed in forex trading. I always end up getting more profit, so much more than what I am expecting.

Is LimeFx a Regulated Broker?

It is all because of this brokers dedication and perseverance to help me succeed. I am happy and satisfied with this broker service. One of the most desirable forex broker. I gain good profit consistently. They limefx have very dedicated brokers doing the market analysis. When searching for brokers to conduct your trading activities with, the first and most important step should always be to learn about their certification.

  • Therefore, traders tend to look for regulated companies that provide a higher level of security.
  • Moreover, both platforms share similar fee structures and do not charge commission fees on trades.
  • The broker provides traders with reasonable spreads, and other flexible features.
  • Our reviewers found that LimeFx is a good choice if you’re a beginner looking for educational materials and courses.

For starters, at LimeFx, your account funds are kept segregated from the broker’s corporate accounts. All transactions are also protected by the latest digital security technology. Finally, our review team found that LimeFx is also a member of the Investor Compensation Fund. This scheme compensates covered clients should the broker fail to fulfill its obligations to you. With LimeFx there are no deposit or commissions fees charged to clients. However, there are a few other fees that you should be aware of.

Payment Methods at LimeFx

Therefore, you will need a broker with prompt and professional customer service to help you solve any technical or other queries as soon as possible. The MT4 app is a complete trading platform for mobile devices, allowing traders to select from hundreds of brokerage companies and thousands of servers. Yes, 101 Investing has an online support team for Forex trade account users. Traders can contact the online support team by clicking on the chat button on the right-hand side of the broker’s landing page. In terms of trading speed, 101 Investing offers traders the highly sought-after MetaTrader 4, which is popular for fast market execution and its customizable algorithms. We ask you to read our risk notice and disclaimer carefully before making any LimeFx or action.

I prefer to trade with this broker. I am impressed with their dedication and perseverance to help me succeed. People are very professional. I could not ask for more. Overall, a good broker for CFD’s. They have so many good options to make money here.

LimeFx scam

This is a comprehensive educational selection from 101 Investing which should be used by beginner and intermediate traders alike. Each of these resources will cover different topics that are relevant to Forex trading, providing a diversified approach to trading education. Included in these topics are trading psychology, capital management, market analysis, and beginner trading strategies.

Is 101 investing legitimate?

LimeFx is a regulated broker that offers CFDs on a variety of assets. The platform is accessible via the MetaTrader 4 trading platform, which is supported on both desktop and mobile devices. With LimeFx, you have access to: Trade of more than 250 products with CFDs.

A regulated Forex broker will allow traders a certain level of security to mitigate unnecessary financial losses. 101 Investing does not run any kind of Forex Trading Contests. Forex Contests can be performed for brokers who offer them to traders to profit on contest winnings. Leverage is the means by which Forex traders can increase their trading position by borrowing additional funds from their broker.

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The firm was established to offer numerous unmatchable trading services with top-notch quality educational content for all the users on their site. MetaTrader 4 is a world-class trading software and powerful technological trading engine that provides tools and for different types of traders. Besides, it makes it flexible to trade on your computer and smartphone.

Find out how we combat fake reviews. Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

This will tell you whether they are regulated by a central authority or if is an offshore and/or unregulated entity. The withdrawal process offered by the broker is very simple and easy. Cryptocurrencies, and indices. Besides, there are no charges to buy or sell any asset, and they offer more than 30 tools for users. In order to remain operational and regulated, the platform needs to charge fees and impose certain trading limits.

They are experts on market trends. Always do intensive research before we place trades. Two thumbs up for this broker. Easy to deal with brokers. They do listen and understand me all the time.

Is 500 LimeFxs a scam?

The 500 LimeFxs scam is what is known as a social engineering scam, where fraudsters manipulate victims with realistic situations, impersonating officials from organisations to trick people into handing money over.

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