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The stated objective of MiFID is to participate in building a more integrated, deeper, and more effective generating growth capital market while strengthening the protection of investors. However, this type of regulation does not let lime fx offer its services where the broker is NOT regulated. We are so happy to hear that you are satisfied with the support provided by your Account Manager. We created our broker knowing how important it was to assist beginner traders in their trading journey. I hope that you would be satisfied with the benefits that could be acquired from our service. I have just started trading using the Legacy platform.It has been a very positive experience for me being a complete newbie .
We are glad that Your experience with lime fx has been going well and we hope that our continuous support will keep working in Your favor in the future! We will keep working hard towards providing You with the most relevant resources. Thank you for taking the time to share your opinion with us.
I hope i can make further progress in the time to come . My interactions so far have been valuable and progressive . lime fx is a safe broker, Regulated – CySEC, FCA, MiFID Company – A.N. After limefx forex broker conducting some research on various social media platforms , as well as online trading forums, a general theme emerged where users were dissatisfied with their experience with lime fx.
Traders can enjoy the latest version of the most popular trading platform with plenty of cutting-edge features and benefits brought by lime fx. Once a withdrawal request is submitted, it can take up to 3 business days to process the request. After the request has been approved, it will take additional 5-7 days for funds to appear in your account.
We are incredibly grateful that You took the time to share Your feedback with our company. Damian then guided me through the trading very patiently. I don’t think my trading experience would have been that good if Damian was not my Guru!! I will highly recommend Legacy to anyone contemplating Futures trading.
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However, in 2017 the broker rebranded as well as re-launched its trading services under its new management team. At present, the brokerage firm is run and managed by A.N. All New LimeFxs Ltd, which is focused on Financial LimeFx and is based in Cyprus. lime fx allows traders to trade a wide variety of financial instruments including commodities, currency pairs, indices, and stocks. The account holder is responsible for the trades placed in his/her own trading account, which is listed in our Terms and Conditions which you agreed to.
- Labeled Verified, they’re about genuine experiences.
- This implies that clients’ funds are never used for making any sort of payments or even managing the company’s running expenses.
- Using a trustworthy service such as MyChargeBack is critical in this endeavour as a typical chargeback process can often be complex and drawn out without the right guidance.
- Once a withdrawal request is submitted, it can take up to 3 business days to process the request.
- lime fx is a global brokerage company with a well-established customer-oriented operation that provides a secure, well-regulated trading environment suitable for almost every demand.
At the end he pushed me into a trade with no stop loss. My capital was gone in 8 days just bc it was waste of time for him. The Co. responded poorly apparently Steven is a biggest sales person. If you have little capital you don’t worth their platform and there is no customer protection. Thank you for taking time to post a review about lime fx.com. Trading Forex carries a high level of risk and it may not be suitable for all investors since you may lose all your invested capital.
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They will tell you different reasons not to process your withdrawal. It was a very stressfull for me to make follow-ups regarding the withdrawal status. If you will earn from their signal, https://limefx.club/ high chance that you will not be able to withdraw your earnings including your capital. All I can say is learn to trade yourself, find a regulated broker and never accept signals.
Overall, our experience with the broker was positive. lime fx is a global brokerage company with a well-established customer-oriented operation that provides a secure, well-regulated trading environment suitable for almost every demand. Each of the account types brings a particular possibility for your trading strategy while allowing beginning traders, investors, or professionals to find their own way in trading. On the other hand, there is no 24/7 support and conditions may vary according to entity rules and conditions vary according to brokers’ regulations.
Trading Instruments
I want to stress that the benefit kicks in for traders who keep positions open for more than a week. Otherwise, the high spreads and commissions make lime fx an expensive broker for scalpers and short-term traders. At lime fx, traders have the option of setting up 3 distinct types of accounts, including Silver, Gold, and Platinum account. For the Silver trading account, the minimum deposit is $500, whereas the spread is 2.4 pips. On the other hand, the Gold account requires traders to make a minimum deposit of $5,000 with spreads at 1.5 pips. Similarly, the minimum deposit for a Platinum account is $25,000, and the fixed spreads begin from 0.8 pips.
lime fx operates an EU-based subsidiary with regulation from the CySEC and the FCA. Help future customers by talking about customer service, price, delivery, returns & refunds. lime fx has a consumer rating of 2.75 stars from 4 reviews indicating that most customers are generally dissatisfied with their purchases. All information on 55brokers.com is only published for general information purposes.
We recommend you check the website using our check list or by contacting the company directly. lime fx offers both the web-based and downloadable desktop versions of MT5, the successor to the popular MT4. The software complements all levels of experience but is a particular favourite among advanced traders. Traders can choose between fixed or variable spread accounts.
All About Fees and Spreads
Based on this user feedback, it appears that lime fx is not a trustworthy broker, and hence, extreme caution should be applied before investing through their brokerage platform. lime fx does not offer deposit bonuses but maintains a Loyalty Program for affiliates. The structure is a mix of minimum equity, executed trades, and referred traders, an intelligent concept I like, but the rewards remain unattractive.
Develop your own signals, be consistent and risk max 2% per trade. They promote unsafe trading practices such as giving limefx review incentives to trade based on traded lots. This is specifically against UK FCA guidelines for treating customers fairly.
Yet, last year, this same company opened an entity registered under An All New LimeFxs Ltd in Vanuatu. As per lime fx regulation offshore, the brand has a VFSC license. This regulatory body belongs to a Tier3 zone, meaning it’s the loosest of all financial regulation providers. They give a beautiful picture of profit (every month 15-25% profit) and try to suck all your money. Please don’t ever think to deposit 1$ to this scam broker. lime fx is an online forex and CFD broker, located in Vanuatu.