The $30,000 is withdrawn from their trading account and distributed according to the Profit Share. The $15,000 is withdrawn from their trading account and distributed according to the Profit Share. No,
US residents cannot open accounts with this broker.
- The broker offers its customers superb trading services.
- They may charge a 3% administration fee for no trading activity.
- Contact us directly for further inquiries about our products and services.
- US clients are not permitted to trade with this broker.
Client funds are held in segregated accounts with top-tier banks. According to all reviews and warnings we can say there could be potential issues with this broker. Even though they are regulated, but with low Tier regulation. This is an offshore trading company offering FX and CFD trading with an FSA license.
Can US residents open accounts at LimeFx?
Aside from the trading conditions, it is essential to delve into some crucial aspects to determine whether choosing LimeFx for collaboration is worthwhile. Now, let’s take a look at the trading offerings provided by the broker. In this review, we’re delving into LimeFx, a broker that claims to elevate your trading game to new heights. However, before you take the leap, let’s dig deeper and unravel the mysteries behind this platform. In a world filled with scams and dubious practices, it’s crucial to do your own research.
Their website also lists that Tradeco ltd. is part of a group with Damada Holding registered in Cyprus. Advertised as a regulated broker, LimeFx is operating under the Seychelles Financial Services Authority. Seychelles regulator is notorious for having liberal rules on giving out broker licenses. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Discover CFD trading on 300+ instruments with superb conditions. If you have any issues with downloading the platform, please check our MT4 user guide for Windows.
- Your enjoyment and satisfaction are our top priorities.
- Earnings from the affiliate program are immediately available in the account balance.
- In the website footer, it is indicated that the broker’s managing company is Tradeco Limited, registered in the Seychelles.
- In the long run, these lower your trading expenses, especially if you are a frequent trader.
In the long run, these lower your trading expenses, especially if you are a frequent trader. As your investing needs change, you can feel comfortable knowing that we’ll be there for you along the way. Connect with thousands limefx scam of investors in the world’s leading social investment network. Immediate access to cryptocurrencies, stock indices, commodities and forex with a single platform. You can request a payout at any time using this invoice form.
Traders League
Demanding less capital to get a license is not as alarming as allowing to do business without “Account Segregation” and “Negative Balance Protection”. When considering whether to do business with LimeFx you might want to take a deeper look into its license. Nevertheless, you should avoid dealing with shady brokers like Europa Trade Capital, Premium X Capitals, and Globalswisspro. If you are a WordPress user with administrative privileges on this site, please enter your email address in the box below and click «Send». You will then receive an email that helps you regain access. It goes against our guidelines to offer incentives for reviews.
I tried TradeCopier
The
withdrawal methods are similar to the deposit methods, including wire
transfers, credit/debit cards, and wallets. Leverage allows
traders to make a much higher return, but the disadvantage is that a small
price movement in the opposite direction of the trade can magnify losses as
well. Traders
get a secure transaction experience as the broker uses secure encryption
technology to ensure the safety of your funds. A swap fee is charged if you
keep an overnight position open.
Reasons for Using a Regulated Broker for Trading
It is calculated as the difference between the
interbank interest rate and the broker’s rate multiplied by your position size. Whether
you prefer fixed or floating spreads, LimeFx has you covered. Moreover,
they charge a swap fee for overnight positions, calculated as the difference
between the interbank interest rate and the broker’s rate multiplied by the
size of your position.
With flexible leverage,
traders can maximise their returns in the indices market. You
can access detailed earning reports, an economic calendar, and market analysis
tools to keep track of the markets. With MT4, traders can also use custom
indicators and https://limefx.group/ automated trading strategies. Traders
also have access to a wide range of expiry dates, and they can trade futures
daily, weekly, or monthly. Moreover, the broker offers a wide range of
educational materials to help traders understand the market better.
If the base currency on your trading account differs from the currency you are requesting to be withdrawn, you will also be liable for any conversion fee. A trader with their first $100,000 funded account makes $20,000 profit, taking their account balance to $120,000. When traders withdraw money from their account, the amount withdrawn will be split between T4T and the trader according to the profit share schedule. The
broker also offers 24/5 multilingual customer support to answer all queries. If
you’re looking for hedging, the broker allows you to open multiple positions
simultaneously to protect your capital from unforeseen market movements. Moreover, with a deep liquidity pool, traders will never have to worry about a
lack of trading opportunities.
MetaTrader 4
If your account is inactive for longer than 6 months, we will close the account and you will get 80% of the profits made. The trader can decide when and how much of their profits they’d like withdrawn each month or if they’d like to roll them over to the next month. Traders
can trade CFDs on global spot indices with LimeFx, such as the Aussie 200 or
the German DAX, and more. Traders can enjoy low margin and take advantage of
the volatile markets.
Based on some LimeFx reviews conclusion is that this could make potential issues. Before we go any further, we suggest reading our brokerage reviews on Trade360, XTrade, and ET Finance.
Trade with
Howver, the trading conditions can be much more competitive. Trade forex with fixed or flexible spreads, starting from as low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. Only live account with a minimum deposit requirement of 200$. As we mentioned about LimeFx reviews, clients had issues with withdrawals.