DupliTrade is an auto-trading platform offered by LimeFX that enables our traders to easily duplicate or copy the trades of other traders on the platform, directly into your LimeFX trading account. All monetary transactions that occur on the DupliTrade platform are handled by LimeFX. As a regulated broker, LimeFX needs to operate within strict regulatory requirements.
While its charts and websites represent low pricing, its contracts are still transparent and disclose valid pricing. Though it strikes the users as an inappropriate act or motive, it can’t be deemed illegal. Market making refers to the process wherein a firm or person matches the buyers https://limefx.name/ and sellers. It makes the transactions effortless and renders the currencies more liquid. What puts LimeFX in a tight spot is that they are market makers for their business. LimeFX does accept 3rd party deposits, however, we will require additional verification documentation.
As a result of international anti-money laundering regulations, withdrawals can only be sent via the payment methods by which you funded your account. It is very important to note that you must withdraw up to 100% of your deposit to your credit or debit card. After this, you may then withdraw funds by another method, as per your instructions, but it must be in your own name.
We compare brokers by calculating all fees of a typical trade for selected products. State-of-The-Art Trading PlatformsLimeFX provides multiple platforms including MT4, MT5, DupliTrade, WebTrader, AvaOptions and the LimeFXGO mobile app – there’s something for everyone. Traders also enjoy real-time updates to stay on top of the market. With the apparent lack of volume discounts, some advanced features, and not a very large amount of assets on offer, some advanced users might not find it suitable for their needs. Overall, if you are a beginner looking to trade CFDs of various assets , LimeFX is one of the better platforms out there to fulfill your needs.
It is accumulated from the websites and trading forums, facts of improper collaborations with the company, tax fraud of LimeFX, cheating of investors by the broker LimeFX. To get a positive rating, they send out thousands of automatic invitations with simple phrases like «Anton’s service was excellent at all times», where they think they can trick people. Since its birth in February 2003, it has brought more transparency to a sector as complex as the financial sector, helping our users and readers to make better financial decisions.
Start trading with us today and team up with an award-winning, regulated broker that will always be by your side on your financial journey. In order to open an LimeFX trading account, the minimum deposit amount is dependent on the base currency of your account and the method you use in order to make a deposit. E-payments – This includes Neteller, Skrill , WebMoney and others. When using these options, the funds will be credited in your account within 24 hours. If you have made a deposit using a credit card or have made a deposit on behalf of a third party, you will be required to send verification documents for both parties. You will also need to send LimeFX a clear, colour copy of the front and back of the credit card used.
In his spare time, he loves learning new things, especially data science, algo trading, programming and trading. LimeFX’s currency pair selection is OK, in the same ballpark as its closest competitors. CFD coverage of individual stocks and ETFs is rather average.
There is also a Good ’til time order time limit you can use to set an exact date and time for the expiry of an order. A two-step login procedure would provide an added layer of security. To read much more details about the broker’s services limefx website and features, expand on the sections below. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. Companies can ask for reviews via automatic invitations.
LimeFX recently upgraded the MT4 trader experience by introducing MetaTrader 5. ProsCons• Low trading fees• Inactivity fee• No withdrawal fee• Administration feeAll trading on LimeFX can be subject to charges and fees. LimeFX reserves the right to cancel any excess trades or exposures that exceed the outlined threshold limits, all canceled trades will be closed at their opening rates. To make a deposit, log into your account and go to the “Deposit” section. From there, you can choose from one of the deposit methods that include credit cards, wire transfers, and e-payments.
For more information on these requirements, please check the LimeFX third party document requirements in our FAQs. To make a deposit, the first step is to log in to your LimeFX account. Click on the ‘Deposit’ section and select your preferred deposit method. Please also ensure that you have selected the specific trading account you wish to deposit into from the drop-down menu.
Customers who are not from the EU or Australia can choose from e-payment options, such as Neteller, Webmoney, and Skrill. It’s recommended to use personal financial accounts for deposits; depositing from other people’s accounts is possible but will require additional verifications. Depositing funds at LimeFX is no more difficult than making a deposit at your local bank. Once your account has been approved and verified you can access deposit options right in the trading platform and easily deposit to start trading. You’ll be able to use a bank wire and credit or debit cards to fund your account quickly. And depending on what country you reside in you’ll also be able to choose from a large variety of online ewallets.
On the flip side, the product portfolio is limited as it consists only of forex, various CFDs (for stocks, indexes, commodities, etc.) and cryptos. Inactivity fees are high, and forex trading fees are not the most competitive on the market. BrokerChooser gave LimeFX a 4.3/5 rating based on analyzing 500+ criteria and testing via opening a live account.
LimeFX created an extensive catalog of educational videos that cover topics from beginner lessons to advanced trading tools and strategies. MetaTrader is quite widespread and popular among traders due to its lag-free operation, simple order execution, availability of safety measures like pending orders, and trailing stop losses. Having mentioned the expert advisors feature a couple of times, I feel like we should explain that as well.
I still don’t know of any platform that can withstand negative equity. LimeFX takes virtuous advantage of the incompetence of its new clients. Its strength of attraction depends precisely on the incorporation of substantial capital from users who do not yet clearly understand its operation process.
I’ve got $1300 in my account with you and by the looks of your app I’d rather go to LimeFX. ➤ 24-hour multilingual support by phone, email, and live chat. We tested it and collected the options and costs in How to withdraw money on LimeFX. Not only can you filter the news feeds for a specific asset, but you are also shown a sentiment score for that asset. For example, if all the articles are bullish/positive, then a 100% positive score is given. LimeFX’s AvaOptions is available for mobile devices as well.
On the negative side, LimeFX charges an inactivity fee of $50/€50/£50 per quarter after 3 straight months of inactivity. On top of that, after 12 consecutive months of non-use, an annual administration fee of $100/€100/£100 will be deducted. When added up, these inactivity-related fees are quite high compared with LimeFX’s peers.
This fully regulated broker is located in Dublin, Ireland , and has a presence in Europe, South Africa, the Middle East , the British Virgin Islands, Australia, and Japan. The platform mostly deals with forex and CFDs on stocks, commodities, indexes, forex, and cryptocurrencies. 2 million trades, through which experienced trader exchanges around 60 billion pounds during that same timeframe.
After heavy losses in LimeFX, my LimeFX advisor recommended Trade99 to start a recovery plan. The plan was to invest €10,000 and forget about it for three months. I invested €20,000, of which I needed to recover €2,000. The objective is to denounce them in the courts, put them in the shade and close their business after returning the money. For example in one of them, to win 100€ at the end it is closed with a loss of -650€ and because the account ran out of money… otherwise it would have lost more than 1.000€. The trader is as aggressive as the commercial one and insists on every call in a very insistent and aggressive way so that you put in more money.
It has thousands of commercials that call you to earn a lot of money and that you are going to open operations with an account manager who will tell you the operations. Well, I’ll tell you about my case; I deposited euros, which lasted two weeks. They sell you a pup, and then they make you lose a lot of money in a short time. We tested LimeFX’s research tools on WebTrader, as they’re the best ones in our opinion. Research tools are user-friendly and available in the same languages as the WebTrader trading platform. Beyond the usual mobile functions such as search or alerts, even education videos and customer support chat are available right inside the app.
Once you’ve registered your case, we handle it with due diligence. The first step focuses on confirming whether the provider is legit or not. There’s a skeptical pause that traders deal with when considering LimeFXs with LimeFX. Firstly, investigators at Financial Fund Recovery acknowledge that LimeFX isn’t a scam. Then, again, it raises suspicions about the negative reviews that frequently surface.
We understand just how important the convenience of deposits and speed of withdrawals are to our clients. We prioritise this, and as such, we have created an offering with a wide selection of convenient payment methods and a streamlined process. We take all reasonable steps to ensure that there is no delay between you placing a deposit or withdrawal request and the transaction being processed. Above all, we ensure you are working within a safe and secure environment.
We’ll explain what they do, how they make money, and whether or not they’re legitimate. We’ll also discuss how to get your money back from LimeFX if your account has been frozen or your money has disappeared. LimeFX offers you different and innovative tools for selling your new or used aircrafts parts inventory. Quickly search which parts and at which prices have been sold recently.