LimeFX Review 2022, Safety, Platforms and Fees
Trading costs such as spreads and overnight funding rates vary depending on the account type opened and instrument being traded and are covered further down this review. Additionally, there is no mention of negative balance protection. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation. This may impact how, where and which products / companies / services we review and write about.
LimeFX offers the MT5, MT WebTrader and Mobile forex trading top platform. LimeFX.com offers over 60 forex currency pairs, cfds, commodities, shares, indices, gold, silver and oil for your personal LimeFX and trading options. LimeFX is well experienced in offering Forex trading, CFD trading, stock and index trading, cryptocurrency trading, commodities trading. LimeFX is regulated by the Financial Services Authority Seychelles . This means that LimeFX falls under the regulation of a jurisdiction that can hold a broker accountable for its misconduct, or at best, play an arbitration role in the event of larger disputes.
My friends said that this broker is honest and decent, the money is collected quickly and without problems. They provide the MetaTrader 5 platform, which is an updated version of the very popular MetaTrader 4 platform. And as they write about MT5 on their website, “MetaTrader 5 is currently the best platform for accessing exchanges and Forex. It is a great choice for any trader who appreciates a modern and convenient trading platform.” MetaTrader 5 has more timeframes, allows for more pending orders and more technical indicators. And track – all aspects of the markets from anywhere in the world.
LimeFX is a limited liability company licensed and regulated as a securities dealer by the Financial Services Authority of Seychelles with the license number SD013. According to the broker’s client agreement, LimeFX takes every measure possible to avoid using client funds for the company’s account. Like their cousins, the cryptos, NFTs have lots of allure and the amount of money that is chasing some of them is considerable. The emotions behind FOMO, a sense of community, being part of a new revolution, and owner’s bragging rights are powerful forces that tempt us.
The Bit Alpha AI is an artificial intelligence system that works by analysing the market data and making predictions about the future movements of the prices of assets. Nevertheless, Bit Alpha AI is a promising technology, and it is anticipated that it will soon be accessible to everyone. People should strongly consider using Bit Alpha AI to profit from trading. To join BitAlpha AI, it is sufficient to create an account and make an initial LimeFX.
Additionally, all clients can access 1,000+ financial CFD instruments across Forex, Shares, Indices and Commodities through the globally recognised MetaTrader 5 trading platform for Web, PC and MAC. The broker 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. The app allows traders to manage their accounts and trade on the go. They can place different order types and access real-time quote streaming.
Additionally, the broker offers multilingual customer support 24/5 via email, phone and contact form. As a savvy salesman, I mostly focused on better conditions and also on the quick execution of the order. Just a few mistakes in a row can ruin your entire positive performance. scammed by limefx Before opening an account, you should consider a bad broker, slow execution and many other things. And believe me, I spent a decent amount of time researching before I decided to start trading here. Appreciate for good service and high level of technical support.
Before deciding to use it, one must first understand the potential dangers. The broker’s website and client agreement mention that withdrawal requests are processed as soon as possible. https://limefx.vip/ Clients can withdraw their funds from the client portal at any time. Usually, the length of time it takes to process withdrawals is impacted by the client’s financial services provider.
- BitAlpha AI is a new cryptocurrency trading bot developed to simplify trading for consumers.
- If we get a group together, I would love to see The Bull pay for his scam and hopefully get some of our money back.
- If you want to try out our platform before you start trading with real money, you can try the demo account.
- Traders can also use the available Islamic account to get swap-free trades on positions that are left open overnight.
- Swap fees with LimeFX depend on the type of account the trader uses.
Most of the features available are native to the MT5 trading platform so users can go ahead and access more beneficial features from the MT5 marketplace. These additional resources may include more technical indicators, automated trading strategies, and copy trading services. Users can also access a demo account to practice their trading skills before investing and an Islamic account to enjoy swap-free overnight positions. The broker also offers a variety of research materials to help their clients worldwide improve their trading skills and make data-driven trading decisions. None of the blogs or other sources of information is to be considered as constituting a track record.
Trade With A Regulated Broker
LimeFX is all about offering its clients the ability to trade financial CFD instruments on a wide range of asset classes. Overall, LimeFX has a long history in online trading going back to 2016 and provides a good selection of FX and CFD products. The broker utilizes the widely used MT5 platform for desktop, web, and mobile devices.
Bit Alpha AI is a legal technology that can be used to earn money on their app by performing tasks. It is a trading platform that has seen tremendous growth over the last year. Bit Alpha AI’s team is composed of experienced traders that have been trading cryptocurrencies for years. Thus any earnings gained while using the demo account cannot be withdrawn. With a vast selection of assets, cheap spreads, and a low minimum deposit, it is an excellent choice for people new to online trading.
After discovering techniques to trade pan-European and US equities, Jitan developed a love for a short to medium term trading on indices and commodities, and later on currencies. While we adhere to strict editorial integrity, this page may refer to our partners’ products. I used this broker last year for few months, there was good spreads and usefull support. Gold can be bought and sold through a range of different LimeFX instruments, and each of them needs to be at least understood.
We actually have some evidence and recorded phone calls between HG Acadamy & Ecomm partners. I’ve also spoke with Jeremiah, but as of last week limefx scam cut off all ties and blocked me on all channels. We have spent a year trying to figure this all out when we signed up with them last year.
- The Bit Alpha AI bot is available for free and can be accessed through the company’s website.
- Just a few mistakes in a row can ruin your entire positive performance.
- As a savvy salesman, I mostly focused on better conditions and also on the quick execution of the order.
- In the exuberance of the speculation, novelty, and sheer abundance in the NFT world, it is not all that surprising that people would put on blinders to the risks.
- When choosing an online broker, it’s important to pay attention to the company’s administrative body and regulatory status.
According to the broker’s website, withdrawal requests are processed as soon as possible, but there’s no mention of the exact waiting time. Clients can deposit funds into their trading accounts at any time using the accepted payment options and withdraw by submitting a ‘Withdrawal Form’ request on the client’s portal. For those who’re new to trading, the educational materials on the broker’s website can come in handy. For advanced traders there is no special educational section, however, they can find useful materials in the Research section. This detailed LimeFX review will provide all the information clients would need to decide whether to trade with the broker or not. This website includes information about cryptocurrencies, contracts for difference and other financial instruments, and about brokers, exchanges and other entities trading in such instruments.
Is ALPHA RECOVERY CORP. a scam?
Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute LimeFX or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results. The minimum deposit of $100 offered by the broker is a bit higher compared to the most competitive industry rates of as low as $10. LimeFX also lacks the instant customer support that comes with a live chat option.
LimeFX’s users also have access to a swap-free account, the Islamic account. Leverage allows traders to access much larger positions than the capital in their accounts can allow. While this means potentially greater profits, it can also mean greater losses exceeding the LimeFX amount if the trade goes against the trader. Swap fees with LimeFX depend on the type of account the trader uses.
Please note that this is not real money, so you won’t be able to withdraw any profits made while using the demo account. If you want to try out our platform before you start trading with real money, you can try the demo account. To get started with using the Bit Alpha AI, all you need to do is create an account on their website and deposit some money into it. Once you have done this, you will be able to access the software and start using it.
There are no paper trails, no built-in protections, and in many cases, no identifiable people or entities to go after in the case of a scam. The sad truth is that the market for NFTs grew up much faster than our legal and regulatory wheels could turn, so many questions remain unanswered about the rules of the game. In the absence of rules, and in the presence of so much money, the lines of business ethics tend to become blurred. In this situation, they are so blurry that proponents are openly advocating bad behavior. Unfortunately, even when scams are clearly illegal, you will have big challenges even identifying the perpetrators, much less recovering any money or assets you lost.
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But I only do it as a break so that I don’t go crazy at home office. In many other reviews, I have found that LimeFX provides clients with the fastest execution of their orders. As of January 2021, the firm self-reported that it had 10 million registered users and attracts over 17 million unique viewers every month. Its average visit duration was 4× more than The Economist, Barron’s or the Wall Street Journal. We are always increasing coverage with new and current brokers.
Seeking Alpha is a crowd-sourced content service for financial markets. Articles and research covers a broad range of stocks, asset classes, exchange-traded funds , and LimeFX strategies. Unlike other equity research platforms, insight is provided by contributors including a base of investors and industry experts rather than sell side. Seeking Alpha was founded in 2004 by former Wall Street analyst David Jackson.
I have been looking for a decent broker for trading for a long time, but I could not find him in any way, because there are a lot of fraudsters. This broker was recommended to me by my friends who had been trading with them for a long time. From the first days, I was pleased with the support, they responded quickly and helped.