We’re also aware that this company has received regulatory attention. We take the integrity of our platform very seriously, and wanted to let you know this company hasn’t been playing by the rules. When we uncover misuse, we take action and alert our community. If additional suspicious reviews are discovered on this profile, we’ll remove those too. If you believe a review is fake, you can flag it.

One nice touch is that the broker does offer a personal account manager at all account tiers. There are five tiers of accounts, with the lowest tier Beginner account requiring a $5,000 minimum deposit. That is fairly high in our opinion and will almost certainly discourage beginning traders from using LimeFX. We can only assume this is what the broker wants, so that it can attract only experienced clients. Most of the reputed forex brokers I know offer MT5 or MT4 to their clients. That’s because these two platforms offer their customers with a ton of features you won’t find anywhere else.

The rise of NFTs in opensea and the metaverse is fuelling the crypto markets. As part of our plans for 2022 we are exploring the NFTs markets for potential trading opportunities. The forex pairs and crosses that are covered including all the majors and crosses. Exotic crosses are generally avoided unless an extraordinary opportunity is available.

  • It uses illegal marketing tactics to promote itself and has unfavorable trading conditions.
  • It contains multiple language formats and customer support is only a click away.
  • One nice touch is that the broker does offer a personal account manager at all account tiers.
  • The broker does not have information regarding banking options listed on its website.
  • I can fully trust this trading company.
  • In ddmarkets every trading signals we issue comes with the forex strategy.

All results and performance figures stated by us are estimates, hypothetical in nature and do not represent evidence of actual results achieved. It is recommended that any person taking LimeFX decisions consults with an independent financial advisor. 1000PipBuilder is for educational purposes only, it is not a financial advisory service, and does not give financial advice or make general recommendations on LimeFX.

Silver Account

Invest in the most popular companies around the world. needs to review the security of your connection before proceeding. On the other hand, it also means there is no €20,000 insurance provided under the Investor Compensation Fund and clients are not protected by Negative balance Protection. Due to these reasons, I don’t recommend trading with LimeFX. You should look for a licensed broker and avoid these guys.

  • AllCryptMarkets broker has definitely worked on its self-promotion.
  • It only takes several minutes to join us.
  • The first and most important step when it comes to trading cryptocurrencies with LimeFX is opening the right type of account.
  • Scam brokers could try to play on the inexperience of retail traders.

One feature that we particularly like on the site is the option to view both live and typical market spreads with both cryptocurrency and global currency pairs. Our LimeFX broker review aims to answer all of the questions that you may have regarding Forex as a trading platform. To summarise before we start, we can confirm that LimeFX is a legit and safe broker. Before continuing with our LimeFX review, we should warn those new to Forex trading that it is a risky LimeFX that definitely isn’t for everyone. None of the blogs or other sources of information is to be considered as constituting a track record. As with all such advisory services, past results are never a guarantee of future results.

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For example, Tiger Trade has received a ton of complaints for rigging the trades of its customers. Some of Tiger Trade’s clients have lost over $5000 because of this shady tactic. Usually, the minimum deposit amount is the sum you are ready to lose if the broker turns out to be a scam. It’s a red flag when a broker has such a high minimum deposit because it increases your financial risk. LimeFX is an offshore broker which lets you trade Forex, commodities and indices.

LimeFX broker reviews

There are a lot of financial people out there who will testify to anything for a not-so-modest fee. Justice is definitely not always done, hence the saying “on the high seas and in court, you are in God’s hands.” Brokers are not typically held to fiduciary duty in the way that financial advisers are. Registered LimeFX advisers are held to fiduciary duty while brokers are typically held to the suitability standard. Every signal has an entry price, stop loss and take profit order. Whether you are a beginner or a seasoned trader, ddmarkets is the place for you.

Likewise, if you have legal insurance that will cover most of the cost, you can proceed more easily. It is also sometimes possible to get “after-the-fact insurance,” which is not cheap, but it does mean your potential losses have a ceiling. The other side can and will run up massive legal fees, and if you back out partway you will owe them a frightening amount of money.

Can a Broker Steal Your Money?

I’ve been able to make easy withdrawals. My account manager is extremely professional and so far my experience has been good. Many of our members are Forex trading beginners. After you sign up you will receive a detailed email with information about how the signal service works. Also included is some introductory information about Forex and we can direct you to additional resources. Our objective is to provide high performing reliable signals.

Of course, there are ups and downs but I’m pretty confident in the long run the system will work. I have not continued to a permanent subscription because the signals are mostly timed for the US market and limefx reviews I can’t trade at those times. Nonetheless, that is not a reflection on the quality of the service Bob offers. Sign up to the 14-day plan, 30-day plan or 90-day plan to start receiving our forex signals.

He focuses on maximising potential returns from price movements and prioritising high probability trading opportunities. He uses his knowledge and experience to understand what may be behind price movements and aims to translate this into winning trades. Bob is highly skilled in technical and financial analysis. He draws from his experience and uses his sound judgement in identifying trading opportunities. Scamdar provides free website analysis in order to help you check the level of trust that can be given to a website before making an online purchase. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

Nevertheless, if you are looking for an online trading platform, LimeFX is worth checking out. We are in the UK and trade Forex almost the whole day, with signals normally throughout the day. We would expect there to be signals that all members can follow. Many of our members follow for just part of the day and some do this using their mobile phone.

LimeFX broker reviews

It only takes several minutes to join us. Access the Signals NowJoining our service takes several minutes, we offer a spectrum of plans that strive to suit multiple types of traders such as day traders and swing traders. While forex robots may be attractive to some, all the signals are manually researched. The Traders Unionis an association of international forex traders that aims to create a space for traders to find information on the forex market, and to protect traders’ rights. The Traders Union pointed out that there are only a few options available to scammed traders.

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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.

  • A scam broker uses pressure, complicated jargon, and exploits weaknesses, so make sure you are equipped with the necessary knowledge.
  • While it’s most certainly easy to use and navigate for new traders, it’s not overly simplistic or too short of tools and functions for professionals – not by a long shot.
  • If you’re looking for a forex broker, check our list ofbest forex brokers or read all forex broker reviews.
  • Participating in venture projects and getting even a small bit is thrilling and profitable.

Best of all, they treat all concerns with high importance and resolve them urgently. I am happy to trade with this broker. I get a good profit, worth my time. They always resolve all of my trading concerns promptly. Throughout our LimeFX review, we’ve complimented the broker’s platform as a great piece of software.

The good news is that neither payment method charges any transaction fees at all. Unfortunately, LimeFX doesn’t support deposits from PayPal or Western Union. We recommend card payments for new and casual traders and wire transfers for advanced and professional traders. LimeFX offers five different levels of accounts, which means there is something for nearly every type of trader.

I gain good profit and I am satisfied with the services. I had a very positive trading experience with this broker. I get good trading results all the time. I am fully satisfied with the service. I enjoy trading with them not just because of the good profit I am getting but also because of the great people who are friendly and enthusiastic. They are always there to assist me o all of my trading needs.