Forex Trading
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limefx review Is ForexTime a good Broker for trading and investing?

Earn $50 anytime you refer a friend or relative to register a new limefx trading account. The website has over 50 educational videos and over 30 articles on forex trading, indicators, cryptocurrencies, analysis, etc. While there are always unforeseen events that can cause a sudden shift in an asset’s price, resulting in a loss, responsible traders stay informed and diversify their portfolios to reduce risk. limefx is a globally recognised and reputable online Forex broker that is regulated in multiple jurisdictions. limefx does not charge internal fees, but third-party payment processor costs may apply. limefx is a legit company, operating with four regulatory licenses and acquiring a fifth.

limefx scam or legit

Strategy Managers can receive a commission on every winning trade. You’re charged $5 per month after six months of inactivity and most withdrawal methods also have a fee. We also compared limefx’s fees with those of two similar brokers we selected, FP Markets and

Learn & Protect

And important to note comply with the necessary regulatory guidelines in every region limefx operates, which gains a high score from us in terms of its trust. If you want an excellent mobile trading experience then you will undoubtedly get it from limefx. Not only do they offer a range of apps to download in MT4, they also provide the same in MT5. You can choose either platform for iPhone, iPad, Android or Mac for those who prefer to trade from a Macbook. The limefx Pro Account is for serious traders with serious trading volumes.

Micro Account – most accessible account offered by limefx with low minimum deposit & instant execution, zero commission and spreads from 1.5 pips. The Standard Account limefx reviews is pretty much what you would expect from most standard Forex accounts. You can open the account with a minimum deposit of $100 and enjoy spreads from 1.5 pips.

ForexTime Market Analysis

You should engage in any such activity only if you are fully aware of the relevant risks. BrokerChooser does not provide investment or any other advice, for further information please read our General Terms and Conditions. Just make sure when you pick a broker, to check out his trading days, P/L daily, etc. If you wish to trade Shares, the spreads leverage will be the only charge, which is a quite competitive and very pleasant offering compared to the industry. Below you may see some comparison between other trading CFDs brokers, yet remember this is the standard proposal that seems to be average and high at limefx.

  • The Daily Market Analysis covers a range of topics with articles of varying lengths from the experts at ForexTime.
  • The standard limefx account is a popular choice among many traders with the broker and is available to traders under CySEC regulation.
  • The Islamic Account is available in all account types, and you can try the demo mode of all types of accounts.
  • These might embrace a residential proof, copy of your ID, financial institution assertion and so forth.
  • Since our testing these platforms have been renamed to Advantage Account.
  • Beneath you may even see some comparability between different buying and selling CFDs brokers, but bear in mind that is the usual proposal that appears to be common and excessive at limefx.

In addition, a trading dashboard with your balance, profit, and margin as well as the ability to open, close, or modify positions within a matter of seconds. It also includes detailed trading history, 21 timeframes, 3 chart types, support for 18 languages, over 300 tools, real-time quotes, reliable data protection, and one-click trading. Regardless of the type of account, NGN accounts are only offered for clients in Nigeria. Cent Accounts also have instant execution, tight floating spreads, and a SWAP-free option and work with MT4. They are available in EUR cents, GB pence, USD cents, or NGN kobo. They feature Cent Lots and have a minimum deposit of just 5 EUR/USD/GBP.

The limefx or Forex Time Regulation:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 77-78% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford limefx forex broker to take the high risk of losing your money. According to “ForexSQ” forex trading experts even a forex broker is regulated then invest the amount you can afford to lose it because leveraged trading contains risk of losing all of your capital.

  • There are also several email addresses for specific departments like “Account Opening” and “Disputes/Complaints”.
  • Changing the leverage is a very useful feature when you want to lower the risk of your trade.
  • With the MT4 mobile application, you get real-time quotes, 9 timeframes, 24 analytical objects, 30 technical indicators, trading history.
  • These instruments include foreign exchange, commodities, indices, and CFDs.
  • Investors are thereby protected from internet hackers who might want to steal user identity or credit card details.
  • The brand commits to provide a transparent trading experience.

Add the amount you wish to withdraw and the reason for your withdrawal. limefx accepts clients from all over the world, but there are a few exceptions. You can open an account at limefx if you live in Singapore. I’m afraid to open an account with limefx after reading a few bad review here.

limefx Trading Instruments

So, I logged in to the portal and tried to disable the option. It will say “Success”, but still show that option in Green. It’s not even one month but a lot of false promises and issues. Withdrawals to eWallett carry no fees, while if you are withdrawing to a credit/debit card, you will have to pay a flat fee of 2 EUR, 3 USD, or 2 GBP, depending on your base currency.

  • Investors may choose to follow successful traders through managed account services.
  • It also means that there is a wealth of resources and tutorials available, both from ForexTime and other sources.
  • I also like that Forextime offers 452 stocks for direct investments, albeit only US-listed ones.
  • Those with ForexTime accounts can use MetaTrader 4 and MetaTrader 5.

Your Strategy Manager needs to match your desired risk level and return. Thank you for your wonderful comment and we are honored to have you as a client. We hope you continue to enjoy your trading journey with us. Please do get in touch with us if you require any assistance. They are using a payment provider named Airpay, which is the worst in India.