The VIP account list minimum spreads at 0.9 pips or $9, but limefx fails to provide minimum requirements and support ignores requests. Commission-free trading costs where floating spreads in the Standard account commence from an expensive 2.5 pips or $25 per round lot. Both regulators failed to act despite mounting evidence warranting regulatory action. Before they will process your withdrawal request, they will need to make sure your account is verified. Trading with a licensed broker usually means that you will not have problems withdrawing your money. limefx creates a strong and competitive trading account, which is backed by limefx’s super-friendly trading environment.
Where is limefx based?
limefx is a brand name of Mount Nico Corp Ltd and is based in Cyprus. The company is regulated by the Cyprus Securities and Exchange Commission (CySEC) and primarily offers services within the European Economic Area and Switzerland.
Bitcoin Up automatically identifies the best forex signals and relays them to limefx for execution. Bitcoin Up comes with a detailed trading manual and video tutorials to help users prepare before going live. The instructions are in layman’s terms and hence comprehensible to even those with zero trading experience.
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Orthodox traders highly recommend to wait for a rebound and enter only after this but I prefer not to wait for this. What’s more, many times I saw that there wasn’t a classical rebound but the price left with a powerful impulse. If you don’t want to risk, try to enter earlier. It would be much better than trying to enter the market when you already see a giant candlestick. This may be a lot for some people. There are brokers that offer a deposit of 100.
User reviews across the web for limefx are mainly negative. Our limefx review found that the most common complaint was making withdrawals. Many former clients advise strongly against placing deposits with the broker. Upon opening your account they will immediately start pressuring you to add more deposits. They are aggressive in the use of your available margin forcing you to add more money or lose what you have due to margin calls. Eventually you will not be able to add any more deposits and lose everything you have invested.
Does limefx offer the MetaTrader Trading Platform?
Doesn’t allow you to withdraw money from your account. These are some of the warning signs of a troubled broker. This is to prevent them from wanting to withdraw their money if they are scammers. This does not mean that you are discouraged – in many cases, trading is safe and reliable, but only with the right broker. A good broker should not only be regulated, but also have a good reputation, excellent trading conditions, and exceptional support. The online forex and also CFD broker limefx is one of several brokers that the company Mount Nico Corp Ltd operates.
- NicoFX has even higher spreads, with the EUR/USD pair at 2.6 pips.
- This is why it is important to learn more about Procloudoptions Online before opening an account and sending money or submitting any documents.
- I requested money to my credit card and on overage it took a day to receive the requested amount.
- limefx is fully aware that it is very important to safely provide funds to the trading account within a reasonable time.
- It adheres to trader-protecting regulations while operating under two watchdogs.
No, they do not have the authorization to provide financial services to residents of the USA or Canada. Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Challenge your trading skills with limefx! Take advantage of our outstanding trading conditions and registration package, to invest in your financial passion. When I started trading with them a couple months ago I had my doubts since I’ve heard of a lot of bad sites in this business but so far I haven’t had any issues.
Uncovered two other brokers from the same company, NicoFX and GreatSky, have almost identical offerings. GreatSky has about the same spreads as limefx, along with offering high leverage. NicoFX has even higher spreads, with the EUR/USD pair at 2.6 pips. There isn’t anything unique between the three brokers. It seems like the parent company is simply trying to cast their net as wide as possible. Beyond their spreads, the broker also takes in revenue through several different fees on their users.
I work in Education and know that Stefan is an exceptional teacher. I feel more confident with continuing trading. Of course I did not invest but I just asked a simple question like where are you https://limefx.vip/ calling from and I did not get an honest response. CFD brokers are not authorized to give you investing advice. They are very professional in all dealings. This broker has been recommended to me.
Get more from your trades from the comfort of your desktop
limefx-int.com hides most of the trading conditions and raises suspicion. In summary, regardless of the trading conditions provided by limefx-int.com, we do not recommend that you trade with it, because it is not regulated and may be a scam. limefx-int.com can cause huge losses to his customers, so in our opinion, he is a potential liar. For example, many fraudulent brokers charge high withdrawal fees that not only cover service fees. Once you invest, they allow you to draw small conclusions to boost your confidence, but in the long run, it will be nearly impossible to get your funds back. The Forex broker is licensed by the VFSC, but this is not enough to offer financial services or products in the UK or Europe.
Traders will conduct all financial transactions from the secure back office of limefx. The deposit and withdrawal options remain notably limited, which I find disappointing. limefx caters to most international traders, including the UK, Singapore, New Zealand, and India.
Do not use this service
The above information is not enough to start trading with Procloudoptions Online. Procloudoptions Online hides most of the trading conditions and raises suspicions. The broker provides you with multiple platforms to log in and access various tools for trading purposes. It does not matter limefx company reviews whether it is PC or MAC or any device, you are free to use the platform of your choice. Most important thing is that you are able to access your account on any device safely and quickly. The login area is where you will put personal credentials to access the account details.
Is limefx a good broker?
Conclusion. Overall, limefx can be summarised as a credible and trustworthy broker and is considered low-risk with competitive trading fees and spreads. limefx offers secure trading, MetaTrader 4, and access to a good variety of assets, including cryptocurrencies.
With that said, we would like to emphasize on the fact that Forex trading is highly risky, and profits or losses are nearly unlimited in this market. Therefore, it is extremely important to keep abreast of changes in the market, and understand the different mechanisms of trading. It might take up to 10 working days for your funds to process back through the banks to your card. Under normal circumstances, Credit/Debit Card withdrawals, once processed by the Company, take 5-7 working days approximately to be credited to your account. Please be patient while we process your refund request in due course. limefx is an international online broker for investing in CFD’s on a range of items like; Forex, Crypto and Stocks.