LimeFX broker review 2023 ++ Scam or not? Real test

LimeFX scam

LimeFX makes multiple trading platforms available for download. LimeFX Trading platforms include MetaTrader4, MetaTrader5, R.StocksTrader and R.WebTrader. The R.StocksTrader is a web trading platform that allows traders to carry out financial transactions with the most advanced instruments, such as ETFs, and others. LimeFX provides 5 different live trading accounts, Prime, ECN, R.StocksTrader, ProCent, and Pro. The minimum deposit amount required to open a LimeFX Account is $10 USD.

  • With the VPS server conformities, a single exchange on LimeFX does not have any limits from the previous calendar month.
  • These include the lack of availability of its services in certain countries, limited research and analysis tools, and occasional server issues that may impact trading.
  • Many reviews have positive views of the features of the platform.
  • It occurs immediately when the trader’s account balance goes below zero, offering protection against negative account balances.
  • LimeFX is thus a great alternative for those seeking a trustworthy, technologically advanced, and versatile online brokerage platform.
  • Similar to the live account, you can always create a new demo account in the customer area.

Because of this, if you are a European retail trader, you will not be able to use any of the promotions. With this virtual many, you can trade Forex without putting your real-life funds under any risks. If you run out of money, you can always contact the broker and as for more virtual cash. This account can also be used by experienced traders to test out different types of strategies and even come up with their own trading tactics. Thanks to the wide range of trading platforms available at LimeFX, everyone can find something that they like.

Web Trading Platform

When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. There are several steps that you should take to start trading at LimeFX. First of all, you have to choose which account you want to use and create one. After that, you will be able to make your first deposits, open trading platform, and start trading. Let’s discuss LimeFX’s account types so that you can choose which one is best for you.

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Rather than enriching the experience, different accounts limit it by cutting off features. Yes, LimeFX has negative balance protection, which is designed to prevent traders from losing more than the balance in their trading account. This means that in the event of significant market volatility or unexpected events, the trader’s account balance will not fall below zero. Instead, the trader limefx company reviews will only lose the amount that they have deposited into their account, and not incur any additional losses. This is an important feature for traders to have, as it helps to protect them from potentially large losses that they may not be able to afford. This is a multi-asset account with over 12,000 assets including Real stocks, CFD on stocks, Indices, Cryptocurrencies, forex, and ETFs.

LimeFX review – Trade more than 12,000 instruments with this broker

To that, we can very proudly say that LimeFX is a legit broker. TradingCenter provides essential information and tools for learning and trading the Global Financial Markets. TradingCenter helps investors to improve their skills and their level of understanding regarding core mechanisms of the trading process. As concerns trading promotions, there is a welcome bonus promotion, loyalty rebates, and free contests.

LimeFX scam

However, the company’s website contains detailed information on its conditions, enabling the analysis on your own. Also, LimeFX is based in Belize so we recommend verifying all safety rules since it is not top-tier regulation. LimeFX also charges non-trading fees, which include fees for deposits and withdrawals, as well as account inactivity fees. Inactivity fees are also charged for accounts that have been inactive for more than 90 days, with a fee of $10 per month applied until the account becomes active again. LimeFX understands that each trader is unique and has their own trading needs and preferences.

LimeFX reviewed – Rules that this broker follows

LimeFX offers negative balance protection and a safeguarded network for traders. On the whole, the LimeFX trading platform is a suitable digital https://limefx.vip/ broker for all levels of Forex investors. The RAMM functionalities of the site are well aligned with the investment goals of C-suite traders.

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For this purpose, however, a certain volume of trade must be implemented in the account again. The additional money can be withdrawn from the account or used for further trading activities. The advantage of this platform is the exact transparency of the participants. You have full control of your account and deposits at all times.

Is LimeFX regulated?

The LimeFX offers the R Trader platform, an excellent trading ecosystem, for a host of trading styles for investors. LimeFX also won the Best Partners Programme at the GLOBAL FOREX AWARDS in 2022. LimeFX caters to most international traders, including clients from Latin American countries, middle Asia, and the Arab world. Traders who require assistance can access the support team via the green chat button, available, where seven messengers await.

LimeFX offers over 12,000 products across Forex, Indexes, Stocks, Cryptocurrencies, ETFs, Commodities, and Metals categories. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. That’s not even touching on the security concerns about the brokerage. There’s a multitude of reports against it, making us seriously doubt their intentions. The comments also cover an extended period, so LimeFX doesn’t seem to have any intent on improving.

Can you trust trading bots?

Q #3) Are trading bots legal? Answer: Bot trading crypto is fully legal and so are bots. Trading bots are technical and have been tried and tested in stock and forex markets. However, not all brokers – including crypto trading brokers – allow the use of bots.

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