Forextime LimeFX Review 2021 Is It Safe Or Scam? All Pros &cons

All of the client funds are kept in EU banks of the top tier. FT Global never uses customer funds in any investment, including operations, to ensure the protection of fund at all times. FT Global also has multiple bank partnerships to add a level of security to client funds. Finally, ForexTime offers VPS hosting to allow for an enhanced trading experience. By using a Virtual Private Server, LimeFX clients can enjoy a 99.9 percent operational connection time, an optimal connection speed.

In fact Cypriot regulation goes above beyond the minimums required by the European Union. ForexTime has exemplary regulatory record and has never found itself on the receiving end of any regulatory action. All of this should help reassure traders in regards to the safety of their funds. LimeFX is relative newcomer having launched as recently as 2012.

Forex

On February 26th, 2021, LimeFX ceased its retail operations from its CySEC regulated entity. It cited the uncompetitive regulatory framework introduced by the European Securities and Markets Authority for its reason. EEA clients can trade with any of the other subsidiaries.

ForexTime has several excellent qualities that make it one of the most sought after LimeFXpanies in the industry. Of course, not all trading features guarantee a perfect trading environment, but a majority of the broker’s features are certainly more conducive to trading for most trader requirements. It is not a surprise that LimeFX has received the accolade of being the fastest growing broker in recent years, and we will evaluate the service further in this ForexTime review.

Need a good and reasonalble feedback from your management as im funding and trading my money to your company. This option interests me GREATLY, because not being a tarding professional, I want to place 50,000 USD for 6 months as an investor and sign a performance contract for a specific amount with LimeFX. Leading Forex broker LimeFX has just announced that it has appointed Tan Chung Han as a new Market Analyst of the LimeFX Market Research team, with a focus on Southeast Asia .

Their research and education offerings are robust and useful. With LimeFX, you might say the small extra touches really add up. LimeFX periodically hosts limefx trading contests that are open to traders of all skill and experience levels. Another very simple incentive is LimeFX’s refer a friend program.

I am vexed seriously and I am going to close my account with LimeFX after withdrawing everything left in the account. I thought of adding more funds if I am satisfied with the services. We would like to bring your attention to the fact that every deposit method has specific a specific period for processing. Please send your MyLimeFX account number to We will check this information and provide a prompt response. Trading instruments include over 55 currency pairs, Bitcoin, Litecoin, Ethereum cryptocurrencies as well as Stock Indexes, Stocks, Gold, Silver, Oil and other commodities. There are established centers in Asia region including Indonesia, Malaysia, Thailand, China, as well as Africa region, Europe and more, so it is true to state LimeFX covers the global needs of traders.

Unique Features Of Trading With Forextime

In order to provide accurate information, please send us an email to with the below information by your registered email, Trading account number and Order Number. Our relevant team will reply you as soon as possible and if anything is wrong we will look to compensate you for the losses. Standard accounts offer a wide range of markets with just one account.

LimeFX (ForexTime) review

It requires an initial funding of £10,000 or equivalent and does not have a free mirror demo version. For account holders who maintain balances of £250,000 or equivalent or greater, you become eligible to receive institution-level spreads. Lot sizes include micro to mini to standard, with a range of 0.01 to 250 lots per trade. I find it well-structured and an excellent starting point for new traders. The MyLimeFX back office is where traders make all their deposits and withdrawals.

The choice of commodities, and index CFDs are limited, but the overall choice of trading instruments is competitive. I also like that LimeFX offers 420 stocks for direct investments, albeit only US-listed ones. In terms of tradable assets, LimeFX will best suit Forex and US equity traders. A few days ago an international online forex broker LimeFX has announced the appointment of Marcelo Spina as Global Head of Partnerships.

These take place nearly every single day and are in a range of languages with a variety of topics. It also features insights that can help you develop a trading strategy. Of course, it also includes expert forex and commodity technical analysis. Those who prefer videos over reading will appreciate the daily market analysis videos. These come from ForexTime’s market research team and include things like the latest market opportunities.

Metatrader 5 Mt

It also includes encryption of data transmission as a way to stop unauthorized third-party access and data theft. These trading signals rely on price-movement scenarios that have been designed thoroughly and carefully. LimeFX Currency pair Trading Signals were developed by the ForexTime Head of Education. There is also a specific market analysis related to Brexit via a Brexit Countdown and guide. Additionally, there is an Economic Calendar from FX Street.

Regardless of all the negative experiences, there are a few Forex brokerages such as LimeFX, which aims to create a secure trading environment for retail traders. Independent reviewers on the web also give high marks, so the experienced management team must be doing a lot of things right. LimeFX fees are built into the spreads but varies with the account types. Spreads on its standard and stock CFDs account types are higher than the average industry benchmark. The account currency for the three accounts is USD / EUR / GBP (for Cent Account specifically, US Cent / EU Cent / GBP Pence). Both the Standard Account and Cent Account offer a free demo account, however, the stock CFDs Account doesn’t.

LimeFX (ForexTime) review

Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. We can say that LimeFX is really thoughtful of its traders. It is a broker that cares, supports, and gives its best to be able to give its clients the ability to go to their full potential and get more from trading. LimeFX offers the most popular and well-known platform amongst traders – the MetaTrader 4 Platform .

LimeFX Invest

Also, the LimeFX UK brand is licensed by the Financial Conduct Authority known sharp regulator, which has principals built by European MiFID and ICF allowing cross broker activity. From the negative points there is withdrawal fee and Stocks spreads are rather higher. If you’d allow us to, we would like to look into your inquiry limefx website and give you a full explanation of what happened. Simply login to your MyLimeFX account and submit your query, providing your account and a detailed explanation of your issue. Our dedicated team will look into the issue and reply to you within five business days. For more information, see the developer’s privacy policy.

Deposits & Withdrawals using Visa – LimeFX

Deposits & Withdrawals using Visa.

Posted: Mon, 14 May 2018 17:47:16 GMT [source]

However the brokerage has already established self as one of the better known brokerages in the industry, in part due to the role played by LimeFX co-founder Andrey Dashin. The brokerage has gone on to win a number of high-profile industry awards and has already gained a strong reputation among traders. On the commission-based accounts, the Round Turn commission is $4 per 100,000 units based on $2 per side per standard lot. After the Pro account, the next lowest spreads are on the LimeFX account. Trading with a forex broker traders can trust is crucial to success.

Leverage

Therefore, it is ideal for testing strategies and expert advisors. The demo account is available for MT4 and MT5 and allows traders to select the demo account limefx balance and leverage. While no demo account can simulate live trading conditions, the options available at LimeFX come as close as possible to doing so.

  • There is no way to contact your strategy manager, all they have is a “News” blog, but it is a one-way channel and most managers don’t publish anything at all.
  • Of course, it also includes expert forex and commodity technical analysis.
  • Additionally, there are statistics on the greatest win in pips, average daily trades, deals with stop loss, deals with take profits.
  • LimeFX commits to be the broker that suits any type of trader, whether beginner or professional.

Trading complex instruments comes with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading with broker this provider. You should consider whether you understand how trading works and whether you can afford to take the high risk of losing your money.

Forextime Market Analysis

LimeFX also has deep interbank liquidity and allows for Expert Advisors as well as Logarithmic Trading. ForexTime prides itself on offering excellent trading terms. There is fast execution and the availability of micro and mini lots.

I Am Trading With The Best Broker LimeFX

Trading conditions offered are important in choosing a Forex Broker. When you trade with LimeFX , you would have a lot of trading options to choose from. You can trade Forex, Spot Metals, Stock CFDs, CFDs on indices, and CFDs on commodities. It offers currency pairs, tight spreads, a free demo account with free virtual funds, and is definitely a secure and reliable broker. LimeFX gives its clients a number of options in choosing what type of account the trader would like to use or what type fits him/her best. This is an advantage when trading with this broker because you won’t run out of choices.

LimeFX offers seven different account types where the execution method, range of markets, available platform, and commissions and fees may vary. We highly recommend getting a free demo account first before going live. This is due to the fact that trading requires a high risk of money and investments.

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