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Forex TB Forex Broker Review

LimeFx forex broker
LimeFx forex broker

I would like to tell a couple of warm words about their Webtrader. It’s very light and intuitive and allows me to easily reach out to the required assets. Once I learned that it’s regulated by cySEC I had a desire to try this broker. If it regulates any broker, I can be assured that it’s not a scam. Not so long ago they were inferior to classical desktop solutions in terms of functionality, but now web platforms offer full-fledged functionality.

LimeFx is a member of the Investor Compensation Fund for Clients of Cyprus LimeFx Firms and holds all client funds in segregated accounts in trusted banks. It provides users with the MT4 platform, but does not provide MT5. At first I thought MT4 was a worse platform than MT5, but then I found out that MT4 actually has some features that MT5 doesn’t, and is completely sufficient for most traders.

LimeFx forex broker

LimeFx offers various tools and features to help traders manage their risk, including stop-loss orders, take-profit orders, margin management, and negative balance protection. Traders can use these tools to set limits on their trades, determine the amount of capital they are willing to risk and limit https://limefx.vip/ their exposure to market volatility. Thank you for taking the time to leave us this positive review. We appreciate you sharing your experience with us and hope that you continue enjoying trading with LimeFx. Always we are aiming to improve our services with the best choice for our clients.

Forex TB is authorised and regulated by the Cyprus Securities and Exchange Commission . The settlement reached with Forex TB, for the possible violations, is for the amount of €270,000, which the company has already paid. Article 26, sections and , of the Law, regarding the assessment of suitability and appropriateness and reporting to clients. Article 25, sections and , of the Law regarding the general principles and information addressed to clients. The Cyprus Securities and Exchange Commission today announced a EUR 270,000 settlement with Cyprus LimeFx firm Forex TB Ltd.

LimeFx Review – Should I Risk Trading With Them?

I am glad that I finally found a broker with whom I can safely trade on MT4 and not worry about unnecessary risks. People normally leave negative revies only to warn other people about possible scam or disappointments. I think this is a bad habit and I believe that sincere gratitude can help one prolong the success of collaboration. Positive review when you are satisfied with the product or service are no less important. FXTB warns potential customers that Forex and CFDs trading carries a substantial risk and may not be suitable for all investors.

Cryptocurrency trading via CFDs is also available to some clients, although there are regional restrictions. The broker cannot offer or distribute CFDs on cryptocurrencies for clients resident in the United Kingdom. Various virtual currencies are on offer via the platform, including Bitcoin, Ethereum, Litecoin, and Ripple.

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A trader or investor needs to make a minimum deposit of $250 before they can open an account at LimeFx or start with a trade or LimeFx initialization. FXTB is a secure trading platform with competitive spreads and no hidden fees. I had done my research and read endless reviews on this company and i thought it would be a smart move and also a safe place to trade… BEWARE of this company please,, if you need to hear about my expireance phi lip san k ey 1961 at tutanota dot com i wouldn’t mind sharing.

Moreover, trading accounts of professional clients feature different options than retail ones. There are various deposit options available when it comes to funding your LimeFx account. You can use a credit card, bank wire transfer or e-wallet transfer. All deposits are free from broker-levied fees, but check if your bank, card provider or payment processor charges any transaction fees on such payments. In addition, LimeFx makes it very easy to make deposits and withdrawals and, unlike many other brokers, does not charge fees for either action.

Is LimeFx a regulated broker?

FXTB is regulated by the CySECFXTB, approved by Thawte and Comodo, uses 128-bit Stable Sockets Layer encryption for all transmissions. Firewalls, complicated authentication mechanisms, and two different encryption methods are used to secure all transactions. Additionally, the 3D Safe V2 requirement is met for online payment card transactions. Both EU regulatory data security laws are complied with by LimeFx. All you need is to provide the broker with a copy of your national ID or driving license.

LimeFx forex broker

The lack of a bonus also helps traders to withdraw their profits without satisfying any conditions, which is one of the primary reasons behind trader-broker disputes. LimeFx is a lesser known Forex broker situated in Nicosia, which is the largest city in the island of Cyprus. It is not uncommon for new brokers to base their operations in exotic locations and Nicosia is indeed a unique place for setting up a Forex brokerage. Since LimeFx is regulated by the CySEC, the company has all the required authorizations to carry out FX operations in the European Economic Area. Platinum account holders can make 3 free withdrawals every month. Gold account members can make one free withdrawal every month.

There are also four different trading accounts with varying conditions, designed to suit the needs of all clients. Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate.

FXTB  review – 22 key points quick overview:

Most brokers make some sort of training and educational materials available to their clients, but very few offer the volume provided by LimeFx. On its website, this educational material is divided into 11 different categories, which we will explore in depth below. In line with industry standards, LimeFx uses MetaTrader 4 as its main trading platform, though browser-based and mobile options are also available.

Forex Awards shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the press releases or reviews made by the site contributors about the LimeFxpanies. The entire responsibility for the contents rests with the contributors and commentators.

LimeFx لاگ ان LimeFx Global

By depositing more money into your account you can get a higher account type with better trading conditions. That is why when brokers give them to test their platforms and train for free through demo accounts, traders who are new to forex must take advantage. FXTB limefx along with other facilities also provides a demo account facility to its users by giving them a credit of $100,000 into their account to experience the real trading tests of their abilities. I read this by accident when I was looking for ways to make money online.

  • They reiterate the importance of regulatory bodies and their role in the safety of funds, prices, and overall trading conditions.
  • The broker is really good, and the rest depends on the trader.
  • At the time of writing, LimeFx is accessible to all clients living in the EU , the UK, and those residing in Switzerland.
  • Like all LimeFx opportunities, trading Forex and CFD involves risk of loss.

At the same time they are easier to use than desktop platforms and don’t require installation. I would like to try everything, although I realize that as of now I don’t have enough margin to cover all my needs, but I persistently work on it. But profitable.is is an authentic spot for putting your funds. It is a boon for all the people who have been scammed. There is no way I am letting these people scam any more persons.

XTB is one of the largest stock exchange-listed FX brokers in the world. We’re also regulated by the world’s biggest supervision authorities, including the Financial Conduct Authority. At XTB we work hard to enhance your trading experience. As a global, 5 star rated broker, our client’s satisfaction is in the center of our focus. Moved to LimeFx some time ago due to the large selection of commodities and stocks. In addition, the broker has licenses, and this is very important for me, since I try to work only with official brokers.

MT4 is the preferred choice of desktop LimeFx trading platform, which is the most popular and widely used trading software in the world. MT4 is available for both desktop as well as mobile platform, but the broker offers two different options for both browser as well as mobile trading. The Patron Web FX Browser Platform is an interesting web trader that has a great user interface and amazing tools that will negate the need for limefx reviews a dedicated trading terminal. The LimeFx trading platforms do have a few teething issues, especially regarding latency and connectivity issues, and the lack of a VPS option complicates things further. However, the platforms shouldn’t throw up any issues for long-term traders who are consistent with the markets regarding their entry and exit. I believe that the LimeFx broker earns the money we pay for commissions and spreads.

The LimeFx operations team will verify your identity fast, you’ll get an email notification. In order to install custom indicators go to File-Open Data Folder-MLQ4-Indicators. Copy downloaded indicators with EX4 extension to the Indicators folder. To create indicators on your own, you should use a MLQ4 kit installed alongside MT4. I wonder if someone is working on a platinum or gold account? They actually took from me all of my savings and did not respond to me until they realized I gotten my funds recovered from them.

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