• admin
• Forex Trading
• April 23, 2021

Kyle Townsend is the founder of Forex Broker Report, an experienced forex trader and an advocate for funding options for retail forex traders. Here you can use a forex broker comparison tool to compare brokers side by side. Find out how the broker you’re most curious about compared to others in different criteria. Live chat is the fastest way to reach them and have general queries resolved in real time. If you don’t have time to chat, you can send them an email and they aim to get back to you on average within 15 minutes.

I’ve used brokers before where it’s virtually impossible to get in touch with them for help, so it’s reassuring that this isn’t one of those brokers. For the fastest processing, consider using Bitcoin to fund an account. https://limefx.club/ LimeFx prides itself on processing withdrawals within the same day to ensure you have rapid access to your funds. Trade CFDs on an award-winning broker to discover why thousands choose to partner with LimeFx.

There are no fees for withdrawing by Bitcoin but you may find the amount received in your wallet differs from the amount withdrawn. Once approved, the funds should arrive in your Bitcoin wallet within an hour or less, depending on blockchain traffic. The specialist payments team review and process all withdrawal requests on an hourly basis to ensure that your withdrawals are paid out quickly.

European Markets

It can also be a great way to build your confidence up without the risk. LimeFx is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities. You can trade on all of your devices via user-friendly platforms with excellent trading conditions and no commission fees. These factors amongst others help to set them apart from other brokers. The customer ratings displayed on the brokers website shows very positive feedback from happy clients of LimeFx.

LimeFx is an online broker with many clients around the globe who choose to trade multiple assets across different categories with high leverage and ultra-low spreads. The broker provides you with a reasonable selection of over 100+ financial instruments, including being one of a few brokers who offer 24/7 cryptocurrency trading. They also have a good selection of forex currency pairs and stock CFDs that can be traded on competitive trading conditions. limefx website You can get your trades executed with reliable speeds via intuitive trading platforms that are packed with an abundance of useful trading tools to help with your market analysis. The minimum deposit to open an account is just $10 whereas free demo accounts are available if you wish to practice trading online before making a commitment. LimeFx is a financial broker domiciled in Dominica offering secure online forex trading on over two-hundred assets.

Payment Methods

The broker has an economic calendar on its website which is a very useful tool as part of the fundamental analysis of an overall trading strategy. The calendar displays the most recent and upcoming news releases that can cause an impact on the various markets around the globe. This includes the previous forecast, expected impact and actual results. You can even filter the calendar to only display the news releases that you have an interest in. I think this is a vital tool that should be in every trader’s toolbox.

Benefit from multiple assets across different categories with high leverage and ultra-low spreads. They are a new broker, so do not have many reviews online at this point – but the few reviews they currently have are positive. Forex — the foreign exchange market is the biggest and the most liquid financial market in the world. Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. LimeFx is not currently regulated by or registered with any government or non-government body to supervise its financial activity and resolve trader complaints. I used their demo account first and got plenty of practice before placing any real trades. Please read LimeFx Reviews below and share live trading experiences with this broker. 30 technical indicators and 24 graphic objects are included, allowing for the most comprehensive analysis of price movement.

Additionally, the platform supports the use of digital signatures. This can help to give users the peace of mind that their trading accounts are secured and fully protected. They offer MetaTrader4 on PC, mobile and web trader, making it accessible to all clients. Huge gains appeared to be happening, and during the trade a surge stopped the system. 10% of profits was needed from the investors to correct the issue, so I put in 10% of profits, which was $5k at the time.

Related Forex Brokers

If you send funds through third party payment providers then the funds will credit your vault within 6 hours. If you send funds from your Bitcoin wallet then typically the funds will credit when they reach 6 confirmations, a process that can take up to 6 hours. For third party payment providers, you can deposit using USD, EUR or GBP. The LimeFx trading platform has an abundance of useful trading tools built in. There are technical indicators for analysing price movements such as moving average, Bollinger bands, Stochastics oscillator, MACD, RSI, CCI and many more.

This is completely offline and means they bitcoin are unaccessible by hackers, which is supposed to increase security of funds. With that being said, client funds aren’t backed or insured by any governing body or authority which means they are completely at risk. The offering of 55 forex pairs, 30 cryptos and 11 indices is enough to keep every retail trader happy. Most traders only really stick to the majors and a few minors, plus maybe a crypto pair or two so this product offering should be absolutely fine. If you trade a really specific market I would recommend contacting their 24/7 support team to check if they offer that market for you to trade.

LimeFx have a decent variety of convenient quick and easy withdrawal and deposit options. They pride themselves on processing withdrawals within the same day to ensure you have rapid access to your funds. The broker is currently offering the depositing methods of Bitcoin and Instacoins which allows you to fund via Credit Card, Debit Card and Wire Transfer. There are no fees for depositing with either Credit/Debit card, Wire or Bitcoin. Funds will be credited to your vault automatically once the funds have been received – you will also receive an email notification once the funds have been received.

There are drawing tools for marking out support/resistance whilst the candlestick charts can be used for identifying price action patterns. I think there are plenty of tools to meet the needs of even the most demanding of traders. You can setup the platform to be as simplistic or complicated as your strategies require. The MQL marketplace has tons of add-ons so you can improve the platforms capabilities whilst there is the MQL programming interface where you can develop your very own trading tools. If you don’t have the programming skills to do so, then you can always hire a freelancer to help bring your ideas to like.

Furthermore, additional protection is provided by keeping client deposits segregated, completely separate from company business funds. The deposit and withdrawal methods offered by LimeFx are bank wire transfer, credit/debit card, and Bitcoin. The deposit time for wire transfer is 2-15 working days but is much faster for credit/debit and Bitcoin.

Inside The Forex Market: Famous Fat Finger Trades & Flash Crashes

In addition to the large choice of tools in the platform, the broker supplies an economic calendar which can be a very useful tool for fundamental analysis of the markets. However, they are lacking in terms of automated analysis software and I think they could benefit from integrating with Autochartist or Trading Central. These are both excellent trading tools that you can get free from some other brokers such as LimeFx. I would always test a broker on a demo account to begin with just to make sure that they have suitable conditions for my trading strategies.

Join thousands of people who choose to trade with us, enjoying over 100 instruments including 24/7 trading of Digital Assets. If you have questions about LimeFx, please leave me a comment and I’ll get back lime fx to you. This broker is high risk but could be a goo choice for beginners who are just looking to deposit $10 and practice their trading strategies – not any serious traders until they get regulation.

• ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
• On the popular EUR/USD pair, a spread of 0.1 pips is not uncommon.
• When I am choosing a broker, regulation is one of the first things that I look for.
• MT4 is complete with a variety of powerful interactive charts of different styles and multiple timeframes.
• You can even filter the calendar to only display the news releases that you have an interest in.
• The broker provides you with a reasonable selection of over 100+ financial instruments, including being one of a few brokers who offer 24/7 cryptocurrency trading.

MT4 is one of the most popular trading platforms available today and used by millions of traders all over the world. It has a quick learning curve making it a popular choice amongst beginners whilst having enough advanced capabilities to satisfy the more seasoned investors. MT4 is complete with a variety of powerful interactive charts of different styles and multiple timeframes. There are plenty of analytical functions including technical indicators and drawing objects. Choose from three trade execution modes, including instant execution, as well as market execution, pending, stop orders and a trailing stop function.

Trade a variety of assets at LimeFx and take advantage of uninterupted 24/7 trading.

When the trade ended I thought Eagle’s commission would be taken out of profits, but no, it was required before profits were taken. That’s ok, with the gains I made I would prepare for next time because I planned on investing again. When commission was paid I attempted to withdraw the funds but withdrawals were suddenly deactivated for maintenance to be done. My funds were sent to a “so called” bank broker at Mutuelbnunion.com to do the transfer, but fee after fee has been asked before the transfer can be done.

What can I trade on LimeFx?

Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. LimeFx brokerage services are not directed at any jurisdiction and is not intended for any use that would be contrary to local law or regulation. As they are not regulated, they can accept users from most countries but you should check to make sure that they are allowed to operate in yours. If you discover that they cannot, please feel free to use our free broker comparison tool to find another option.