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I did it once I made sure it had a license, in particular, it was issued by cySEC. I didn’t have too many reasons to trade with this broker. First, I need to be confident in it, so I made sure it’s regulated. CysEc regulated this broker and it’s a good sign, I think.
- Whilst both LimeFX and Plus500 specialise in CFD trading, the latter offers a significantly larger choice, especially in the cryptocurrency market.
- Platinum account holders can make 3 free withdrawals every month.
- FXTB, approved by Thawte and Comodo, uses 128-bit Stable Sockets Layer encryption for all transmissions.
- I don’t use custom indicators, so Metatrader is excessive for me.
- When brokers put their hands inside clients’ pockets, the word spreads like wildfire on all notable forums and social platforms, which leads to a drop in client base for those brokers.
- LimeFX is an online CFD trading broker under the trading name of Forex TB Limited, a regulated LimeFX Firm.
For VIP account holders every withdrawal is free. Platinum account holders can make 3 withdrawals for free each month. Gold account members can make one withdrawal for free each month. Basic account holders can make one withdrawal for free, with charges each time you withdraw from then on.
Hi friends. i wonder if someone is working on a platinum or gold account? what are their advantages, please tell us.
LimeFX is a multi-faceted, secure, and regulated broker platform that offers a series of services to its users. It has a user’s friendly interface that helps the users to learn quickly all about deposits, withdrawals, and other technical issues pertaining to the platform. LimeFX is pleased to provide services to its users without any interruption and inconvenience. Keeping in mind the ease and attraction of users, LimeFX provides multiple offers and targets for the users to get different discounts, free withdrawals, and much more.
The only disadvantages of the broker I can mention is not very small spreads, but the advantages of the broker outweigh all the disadvantages. You know that stock trading is long-term trading. So, when people buy stocks they plan to hold their trades for a long time. If you take a look at the charts of well-known tech giants, you will see a never-ending uptrend.
LimeFX is strictly compliant with all European Union regulations, notably data protection laws. This is included in the GDPR guidance for EU clients. FXTB is widely regarded as a leading CFD forex broker.
LimeFX Review
The main limits of LimeFX relate to deposits and withdrawals. When funding your account, the platform requires a minimum deposit of €250. Whilst there is no minimum withdrawal limit for payments made to cards or eWallets, withdrawals via bank transfer have a minimum requirement of €100. There is no maximum limit on the amount value of withdrawals.
When I started and traded a demo account, it was not hard for me to understand how to trade correctly with different timeframes in MT4. It is good that there is enough time for training. We are very happy to read that you are satisfied with our Brand. Please do not hesitate to contact us at support- for any assistance you may need.
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I was also fascinated by their web platform dubbed Webtrader. In this regard, it looks far more attractive than any other platforms I have ever tried. I try to stay away from unregulated brokers because previously I already had an unpleasant experience with unregulated brokerage services and it ended up with terrible financial losses. It wasn’t because of the market that moved against me.
Please do not hesitate to contact us at our support email support- for any assistance you might need in the future. FXTB minimum deposit is EUR250 allowing you to open a Basic account. Higher grade accounts will require more money, as designed for traders with experience. Leverage, given https://limefx.biz/ by the broker, enables trading with a bigger exposure to markets compared to your initial balance. Usually presented as a ratio of leverage levels also adhere to regulatory restrictions, since retail traders may fall into high risk without proper knowledge of how to use tools smartly.
The Fprex TB customer suport can be reached through several methods including email, telephone, as well as a contact form. Unfortunately, live chat support can not be available, though it is the most convenient way to get responded. Forex TB offers a limited number of deposit and withdrawal methods, mainly wire transfer and DotPay.
This involves the trading of gold, silver, and other precious metals as hard commodities that are contract-based tradable. Leveraged products, such as Forex, increase the potential profits of the trader, but it also increases the risks and subsequent losses that the trader may incur. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site.
So I recommend that you try, even if you are already familiar with MT, it can become some kind of new and interesting stage in your work, that’s for sure. Imo, that’s a full pack you need for sucessfull trading, especially taking in account that the spreads for major assets are quite ok. So I guess this is a good reason to suggest considering this company to other traders.
The trading platform or the software which you will use with FXTB for transactions and the trading process itself is a choice either between WebTrader or a popular industry MetaTrader4. See some of the FXTB spread examples below, also you may compare fees to other popular brokers. I opened a live LimeFX trading account and made a $ 250 deposit.
But compared to other brokers, FXTB offers high spreads. That means you will pay more money to the broker when you are trading. LimeFX offers its services to the European Economic Area and Switzerland. It deals in CFDs, forex, commodities, indices, stocks, and cryptocurrencies. The website features an impressive selection of over 270 financial assets that continue to grow. LimeFX is one of my favorite brokers that is managed and operated by Forex TB Limited, a Cyprus based LimeFX company.
Do not invest with this company, they steel your money. We will share this with our team to let them know to keep up the amazing limefx broker reviews work. To be honest, in terms of technical parameters, this is really similar to what I have seen in other companies.
In LimeFX limit orders are always open, the liquidity is good, and I trade on the minimum deposit. It sounds like they were telling the truth about them and the execution is really cool. I’ve choose this brokerage by reviews on the Web and since that time I’m trading with LimeFX. There’s mobile app, CySEC regulation and a lot of assets.
This includes free monthly seminars, advanced forex training, free e-Books, as well as a well-written FAQ. No fees are attached to deposits, but withdrawals fees apply after the first free withdrawal monthly. LimeFX is regulated by CySEC, the Cyprus Security and Exchange Commission which is regarded as one of the top European trading regulators. This assurance gives huge credence to the brokerage’s pledge of safety of deposits and profits of investors. At this point, there is no Forex TB bonus which would cheer up many traders. Some brokers, especially those new in the business, try to get around a bonus and do not include it.
LimeFX was established in 2015 by a group of investors with years of market experience who were seeking a synergy of modern technology and their years of trading experience. The rest is all good, a convenient trading platform and a large selection of trading assets. I would like to say a warm word about this broker. It executes its duties well and doesn’t give me any reasons to complain about its reliability. However, it would be hard to expect any negative stuff from a company regulated by cySEC and I’m prone to trusting literally any broker regulated by this well-known organization. Their execution also gives a positive impression and I enter the market without any lags.
I was scammed a few days ago
I have already withdrawn a couple of times, so this point has already been checked. If something changes, I will write another review. When holding trades for a long time, it’s crucial to deal with a regulated company. Once I came to their site I liked their Webtrader.
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- Actually, I don’t like there’s no 24/7 support and no MT5, I see these as significant problems, hope company would fix at least support, as sometimes you need to get urgent help.
- The professionalism, courtesy, and knowledge of customer service agents are beyond reproach.
- I trade now with LimeFX broker because its reviews are good and fast withdrawal.
- I find it very suitable for this role and I can explain why I stuck with this brokerage company.
The spread is calculated in pips and is already added to the price of the asset whenever you open or close a position. As a basic account user, the spread for the EUR/USD pair is 2.5 pips, whereas for a VIP account the fee decreases to 1.1 pips. Once you have closed the position the relevant fees are deducted and the balance is deposited into your account. You can withdraw your funds from your account anytime, as long as you can fulfil the minimum withdrawal requirement.
I’m glad I didn’t make a mistake in choosing a broker. Among so many brokerage companies, I chose LimeFX. I liked it, the platform is convenient, all deals are executed quickly and quotes do not freeze at all. And then I tried to withdraw the money, so the withdrawal goes smoothly. You apply and within 24 hours the required amount comes to my bank card. At first I intended to trade on Metatrader 4 here but once I tried Webtrader I changed my mind.
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The device is also compatible with trading algorithms that are automated. More experienced customers would tend to trade with MT4, in particular. The MT4 has been a part of the Forex world since 2005 when the market started to turn to an online approach.
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