LimeFX Review 2021

I also want to point out the recurring inactivity fee of $50 after three months of dormancy, faster than most brokers but not an issue for active traders. After twelve months of inactivity, an administration fee of $100 applies. Equity traders pay a minimum spread of 0.13%, also commission-free. Some equity traders may achieve a competitive pricing environment on select assets, dependent on trading volume and duration. Index and commodity traders get the best offer, as trading costs here rank among the best industry wide. All fees, terms, and conditions must be stated clearly on the website or the contract.

Eliminate any broker from your list who does not have a license. Also ensure the license is from a high-tier reliable regulator, and not one who gives a license to anyone who pays a fee. It would also help if you asked the Forex and commodity broker to present to you the payment methods so that you can evaluate the fees charged for each. VIP Account- Anyone who deposits more than $10,000 can use this account. This is one of the most important trading tools and for Forex trading, it is even more important. Go for a broker with flexible leverage terms that best suits your trading needs.

  • While the official website featured content, the primary service is available at SharpTrader.
  • The broker you choose should fill your orders at the best prices and in an accelerated manner to help you make the most out of Forex trading.
  • It is as well regulated by top authorities in the trading industry, making it very safe and reliable.
  • LimeFX segregates client deposits from corporate funds and offers negative balance protection.
  • Quality research at LimeFX remains limited to services by Trading Central, which I find an intelligent solution.

LimeFX shines when it comes to education and displays care for beginner traders. While the official website featured content, the primary service is available at SharpTrader. LimeFX spun out the educational section amid tremendous success, and it remains one of the best overall resources for new traders across the industry.

LimeFX has a minimum deposit of $100 for retail, professional and spread betting accounts and $ 10,000 for a VIP account. After an inactivity period of 3 months, the account may be charged a 25 USD/GBP/EUR inactivity fee. Every successive inactivity period, the account will be charged again the limefx broker reviews same fee. After 12 months of inactivity, the account may be charged an Annual Administration fee of 100 USD/GBP/EUR. I trade with a true ECN company LimeFX, as they are also regulated, so i am able to make smooth trading orders with all of them getting executed instantly without any requotes.

The current financial climate, the number of time consumers spend on the internet and the popularity of trading are all factors that have led directly to the increase in scam brokers. LimeFX has an average spread of 0.9 pips for its accounts, with the VIP account having a lower spread. This broker does not charge a commission for any account type. LimeFX’s agents manage positions until they leave them in ruin. The account opening process at LimeFX for international traders requires only an e-mail and password. As LimeFX is a regulated broker, account verification is a mandatory final step, per AML/KYC stipulations.

In any of these cases, we recommend that you look for another broker. If LimeFX Chargeback will not release your funds, contact our experts for advice on what to do. Here, you get to close a trade at the market price you chose. These authorities have put strict measures to protect the trader’s personal and financial information. Professional Account- Services residents of the European region who must first meet the ESMA regulation requirements.

How To Find Out If LimeFX Chargeback Is Legit Or A Scam

A demo account is also useful to give traders an idea of how to use the platform. First of all, remember to take the time and research LimeFX Chargeback thoroughly. Read reviews like this one from experts who have experience dealing with financial services and can tell the difference between reliable and fraudulent brokers.

scammed by LimeFX

Select jurisdictions also maintain an investor compensation fund. Desperation is the quality that attracts scam artists and can cause people to jump into signing up with a broker before looking at their options carefully. All brokers charge transaction costs in the form of spreads and commission, so you should choose one with affordable terms. This will help protect your profits from being slashed significantly.

LimeFX Leverage

1º) That the client puts as much money as possible into his account, as the AvaPartner takes 10% of the initial deposit. 2º) To take the client’s account to what LimeFX has called a dead account, that is to say, to leave the account of LimeFX’s clients in ruins. Please be noted that all information provided by are based on our experience and do not mean to offend or accuse any broker with illegal matters. The words Suck, Scam, etc are based on the fact that these articles are written in a satirical and exaggerated form and therefore sometimes disconnected from reality. All information should be revised closely by readers and to be judged privately by each person. Locating complaints regarding LimeFX wasn’t hard at all but some of the said complaints were unfounded in our opinion.

scammed by LimeFX

The broker you choose should fill your orders at the best prices and in an accelerated manner to help you make the most out of Forex trading. Avoid abusive language and personal attacks, directed either at the broker or the author. So far I haven’t heard about any Ava scams and I hope I never do. There are too many crooks out there doing Swing trading all kinds of funny business and it make me angry. I’m not so good with computer but someone taught me how to download AVA program and how I can make money. We have gathered a list of the top broker alternatives to LimeFX, and conducted an in-depth broker comparison to assist you in choosing the right broker for your trading needs.

Medium to advanced traders can use Meta Trader 4 or Meta Trader 5, both of which are widely considered among the best charting packages in existence. Highly customizable, these platforms allow automated trading through Expert Advisors and have complex technical analysis features. For users who are not as versed in the intricacies of Meta Trader, LimeFX offers a proprietary platform that is a lot more newbie-friendly. Fees are reasonably competitive for depositors, especially those trading individual stocks and shares wrapped as CFDs. Different brokers offer different account types to meet the trader’s needs.

Clearly Stated Fees And Account Rules

For example, a client complained against LimeFX because he/she used a third-party EA which wiped out the trading account. Furthermore, the client proceeded to call this situation interfering with his trading from LimeFX’s part. Using an EA you got from some website doesn’t mean the broker where you are using it is a scam! It’s pretty good and very helpful for people like me who don’t do so much trading. Please make sure your comments are appropriate and that they do not promote services or products, political parties, campaign material or ballot propositions.

scammed by LimeFX

LimeFX is regulated in the European Union, where welcome bonuses and promotions are prohibited. However, traders from other regions receive up to 30% welcome bonuses. Before settling for any broker, you should make sure they are licensed and regulated, as this gives you assurance for your funds’ safety. Otherwise, you may lose your money to unreliable, dishonest brokers. Swap-free accounts are also available for Muslim traders who don’t accept paying or receiving interest on swap-rates. Standard Account- This account type is available to traders outside the European Union.

I hope it’s clear for me and please next time do proper research before pointing fingers at anyone. The regulatory environment at LimeFX is outstanding and one of the most trusted industry wide. LimeFX segregates client deposits from corporate funds and offers negative balance protection.

Another nice touch is the options trading platform, AvaOptions, dedicated to vanilla options traders. Apart from Autochartist and automated trading, LimeFX offers FX Options available to trade on their proprietary platform. However, these are not binary options, but European style, Vanilla Options, which are more complicated than binary mostly because variables such as The Greeks come into play (Delta, Gamma, etc.). Just make sure you understand how it works before investing money on Options. All in all, LimeFX offers a complete package, with a great choice of trading platforms, good education material, average to low deposits, and more importantly, air-tight regulation. In other words, if you are looking for a new FX/CFD broker, LimeFX is a solid choice.

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The different account types exist to serve people with different trading needs. Therefore, it would be best to choose a broker that offers different accounts to match your trading level forex and that is accessible in your region. Traders must consider if the product and services portfolio at LimeFX warrants higher trading costs, which remains an individual decision.

LimeFX is an international scam, theft and fraud organization. This broker ticks almost all boxes, but unfortunately, United States residents are not accepted as LimeFX clients. This is nit-picking, but it’s about the only downside we can find with this broker. That’s because American regulation is stricter and AVA forex hasn’t applied for it.

From this review, you can see that LimeFX is the real deal when it comes to Forex and commodity trading. With accounts available for residents in the European Union and those from other regions, it ensures that no trader is left out. The customized platforms and high-speed execution will help you get the most from your trades when using LimeFX. Open an account today with LimeFX to enjoy these benefits.

Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. I like that LimeFX invested in a proprietary social trading platform, Ava Social. It shows that LimeFX monitors its trends and commits capital where necessary to deliver the services its client-base requests.

Quality research at LimeFX remains limited to services by Trading Central, which I find an intelligent solution. It frees up resources and allows LimeFX to focus on its core business while presenting clients with a trusted third-party solution. The LimeFX blog features brief market commentary, but nothing as valuable as Trading Central. If LimeFX Chargeback does not have a reliable license, there is no way a regulator can take action against them. Legal authorities may be able to do something, but regulators can take licenses away from scam brokers.

It also deploys its proprietary WebTrader and mobile app LimeFXGO, where it embeds services provided by Trading Central, additionally available as an MT4/MT5 plugin. I want to note that the trading environments offered by these seven jurisdictions are significantly different, as the relevant regulators have varying degrees of restrictions. Since most international traders have choices, I recommend selecting the one, if possible, that is best suited to achieve your trading goals. Examine LimeFX Chargeback ’s site to see if there are trading tools, such as charts, blogs, demonstration videos, and tutorials on trading.


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