LimeFx Forex Broker Review and Rating 2023 Detailed LimeFx information with traders reviews for 1 April 2023


LimeFx broker reviews
LimeFx broker reviews

It`s suitable for retail traders as well as institutional investors. LimeFx a registered brand name of Gulf Brokers Ltd – FSA regulated company. LimeFx provides access to a broad array of instruments that can be traded on the advanced MetaTrader 5 platform. Traders may likewise battle to believe the broker with the absence of straightforwardness around payments and no demo account.

All of their systems have been developed and constantly updated with the client in mind. Starting from the account opening procedure, to managing accounts, depositing, or withdrawing funds and finally trading, it’s all very simple and easy to use by all traders. LimeFx uses the MT5 trading platform, which is available for mobile devices, web, and desktops. Traders need to sign-up, deposit the minimum funds, access the trading platform, and explore the best products to begin trading with LimeFx.

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Good service, very kind people willing to help immediately. Great register process and secure sign in with the app. LimeFx is situated at Suite C2, 2 Floor, Orion Mall, Palm Street, Victoria, Mahe, Seychelles. For the location of LimeFx workplaces, see the broker’s site. Claim your listing for free to respond to reviews, update your profile and manage your listing. Withdrawals can be made from the client portal via debit/credit cards and Perfect Money.

They can use the account to sharpen their trading skills, experiment with different trading strategies, and familiarize themselves with the broker’s MT5 trading platform. LimeFx offers its clients the ability to trade through any internet browser. No download or installation is required to use the platform. Traders can utilize the platform on any internet-enabled computer, whether a Windows or Mac device. Through LimeFx’s MT5 WebTrader, clients can trade multiple asset classes, use interactive charts, and access various technical tools and indicators. LimeFx is an online brokerage company that is a brand of Gulf Brokers Ltd.

MT5 Mobile Trading Platforms

There are also 10+ indices, and a good number of stock CFDs. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the LimeFxpanies.

The lone outstanding nonattendance is cryptocurrency trading. LimeFx offers a little determination of additional assets, including a market news segment and a few recordings. The training and blog areas are fairly disregarded, nonetheless, and don’t offer as much detail or knowledge as different brokers. There is additionally a fundamental economic calendar. However, other helpful instruments, for example, forex adding machines or online classes, are not advertised.

LimeFx broker reviews

Companies can ask for reviews via automatic invitations. Today, trading can be enjoyed well, and even this unstable time makes up for it, there are new possibilities and opportunities in the online environment. Fraud Halt is a compilation of the most critical and essential consumer news, resource, reviews and articles from around the world. Also, the company can charge commissions for the enforcement of legal documents.

Deceptive Company Practices – How This Fraudulent Broker Targets its Victims

This amount can be both dangerous and useful at the same time. Such a high leverage puts you at the risk of losing your entire deposit within a small period. That’s why most reputed regulatory authorities put a limit on how much leverage a broker can offer. To reiterate, Alpha FX is not authorized by the FCA to provide Forex trading services in the UK. In Canada, the company is not registered with the country’s main regulator, IIROC. FP Markets – FP Markets is a multi-asset broker contributing a decision of trading platforms.

The company is active on Facebook, Instagram, YouTube and LinkedIn. We doubt Alpha FX is using fake accounts on dating apps to find victims but who knows. Alpha FX also has a subsidiary https://limefx.group/ in Malta called Alpha FX Europe Limited. This entity is registered and regulated by the Maltese Financial Services Authority . Im using this broker for 7 months without any problems.

LimeFx Reviews and Comments

The major tradable markets on LimeFx are shares, indices, commodities, and forex. LimeFx offers their traders one type of live trading account that comes with all the necessary features. Users can also access a free demo account to polish their trading strategies and a swap-free Islamic account. The broker limefx company reviews does not charge any deposit or withdrawal fees but the research and education material is quite limited, although the content is valuable and frequently updated. LimeFx’s clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals, and energies from the same trading account.

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As for your lost money, Global Fraud Protection is here to help you. Our team of experts specializes in various refund methods such as bank chargebacks and recalls. But, Alpha FX is nowhere to be found in the databases of the Canadian Securities Administrators or the LimeFx Industry Regulatory Organization of Canada , which is a problem. All legit providers that operate in Canada have to be regulated by IIROC.

What can you trade with LimeFx?

These conditions can include the maximum leverage, minimum trading lot size, minimum deposit, swaps and spreads, commission and fees charged, and more. Users can, therefore, take advantage of the MT5 marketplace to access more resources, for instance, technical indicators, copy trading services, and automated trading strategies. The available tradable assets play an important role in determining if a broker is worth signing up for depending on the trader’s needs. LimeFx provides its clients with the ability to trade 800+ financial instruments across indices, commodities, shares, and forex. At the time of writing this LimeFx review, there are about 62 different currency pairs which include major, minor, and exotic pairs.

  • We are committed to the fair handling of reviews and posts regardless of such relations.
  • LimeFx offers users the ability to access mobile trading on the go from the MetaTrader 5 mobile trading app for Android and iOS systems.
  • They also put together a case and got me my deposit from Alpha Trading Group.
  • Compared to other brokers, LimeFx has a low minimum deposit of $100.
  • LimeFx offers their traders one type of live trading account that comes with all the necessary features.

While LimeFx’s spreads are not far off the industry average, some brokers offer quite lower and highly competitive spreads, especially on the popular currency pairs. Additionally, there is no mention of negative balance protection. Jitan Solanki is a professional trader, market analyst, and educator. He day trades major currency and index markets and focuses on swing trading US equities and commodities. CFDs are a leveraged product and can result in losses that exceed deposits.

However, even though it has a license, the clauses present in its terms and conditions suggest that it’s nothing more than a scam. Hence, you should be extremely wary of unregulated brokers. At lime fx LimeFx, you get to use the renowned trading platform MT5. It is reputed as the best trading terminal in the forex industry as it offers over 80 indicators, chart management features, and more.

It’s free, but I couldn’t find any information about when the demo account expires or how much virtual money you have available. After signing up, I received information about the demo account via email. I have a virtual deposit of 100,000 USD to learn how to trade. I can also have full access to the MetaTrader 5 platform. The broker does not indicate whether the demo account will expire or whether it is available for the exact period. The forex broker has many predatory provisions in its T&Cs, which allow it to steal your funds easily without facing any serious consequences.

In addition, take a look at our reviews of Ctrl LimeFxs, Icm Capital Limited, and Trade Capital Markets . We have gathered the necessary info about this company to help you decide. For example, Alpha FX has exceeded the scope of its license. This company has probably contacted you regarding its offer. If you’re not sure what to do, the Alpha FX Review will help you. I have been trading for several years and without any problems.

Another region where this broker tumbles down is demo accounts. Any amateurs hoping to rehearse their web-based trading abilities should look somewhere else, as LimeFx doesn’t offer practice accounts. The absence of a demo account is a genuine drawback in this audit. LimeFx offers an assortment of items across numerous asset classes on the MT5 trading platform. This survey jumps into the broker’s key highlights, including installments, internet trading apparatuses, expenses, and portable applications. We’ll assist you with deciding whether LimeFx is a protected broker to join with.

The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. When trading stocks, CFDs, or other derivatives, consider whether you understand the function of differential contracts and be aware of the high risk of losing your funds. While the Seychelles Financial Services Authority requires its brokers to follow a few rules and regulations, it is not one of the most stringent or reliable regulators out there. For example, it requires potential brokers to incorporate a domestic company with a minimum capital of $50,000 with 2 directors and 2 shareholders. The broker is mediocre at best and there is nothing special about it.


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