limefx Review Is It A Legit CFDs Broker?

We mentioned the 403 – Forbidden error received above, but there were a number of areas of the website where links were broker, or redirected to incorrect pages. There are also several instances of conflicting information to be found on the website, and we were even prompted for a reCaptcha on one page where there was no reCaptcha present. You will be able to find an economic calendar on the broker website, however it hadn’t been updated since September 7, 2020 when we accessed it in December 2020. There is also a link to an Earnings Report Calendar, which could be quite useful, however we received a 403 – Forbidden error when trying to access it. Also note that there can be transaction limits and restrictions imposed by the individual payment providers, and these are also out of the broker’s control. In some cases additional verifications may be needed to remove any limits on your account.

As per their website, the traders can make a profit up to $1000 daily from a minimum deposit. Bitcoin Aussie System can be explained as a tool that generates a passive income online by trading on cryptocurrencies. This robot applies smart algorithms to trade on Cryptos and has a higher win rate. As per our review, limefx provides four types of accounts, where the trader can choose as per their choice and as per the services rendered.

How long does it take to get my money back?

On the popular forex pairs spreads start as 0.7 pips on the EUR/USD pair or 0.9 pips on the EUR/GBP pair. Spreads decrease for higher account tiers, so for example the Platinum account has spreads on the EUR/USD that are as low as 0.3 pips. Guides Our blockchain guides will help you find your way through exchanges, tools, and other crypto apps. Review Loads of cryptocurrency and blockchain project reviews for your education. They keep you informed about important dates and events that affect the market.

We may receive compensation from the companies we write about. Always verify that your broker, is licensed by your local financial regulator. limefx launched a new account tier this year called bronze trading account. Overall this broker is quite typical with its standard platform and trading conditions. The variety of assets is more than enough, especially for newbies. In some online customer reviews there were some complaints that live chat wait times are longer than at other brokers.

limefx scam

Trading news involves scanning the market cap for data, trading announcements, and capitalizing on this. Bitcoin Aussie System can differentiate between legit from scam news sources, which also includes tweets. Moreover, this robot analyses several millions of sources within a fraction of a second and claims that it can beat the markets. The hard truth is that this company is likely unregulated and your funds are not protected in any way and you should think hard about investing your money in such a company.

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Please be sure to check their website for any updated fee information before opening an account and beginning to trade. The following review of limefx will provide any trader or prospective trader who is considering this broker with all the information needed to make a fully informed decision. In short, we’ll find out of this is a broker who provides a fair trading environment, and whether your deposits are safe with them. With terms and conditions that cater to a variety of traders who seek to expand their current income, limefx has been growing for several years. That’s all thanks to the excellent user experience when trading through them.

  • These cover a variety of trading topics from trading platforms to trading strategies and more.
  • There were some problems with the first withdrawal of funds.
  • The broker is regulated by the Cypriot financial supervisory authority CySEC.
  • Fill in your information carefully, including your full name, phone number, and any pertinent information.
  • In addition all of the accounts allow hedging, and come with a dedicated account manager.
  • While charging spreads and overnight fees are standard, leaving your account without control can be quite expensive.

This company my experience is that they give you a Account Manager to CON you! They don’t give advice and they don’t do anything when you shares go up. Remember they limefx reviews don’t want you to make money, therefore They only pester you when you start lose money – put more money in, put more money in, so they can have you all the time.

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Brokers that are licensed by the FCA offer an insurance in the event that the broker becomes insolvent. Yes, the broker is a good brokerage firm and the traders are not at a high risk of losing money. Spreads may vary for different accounts, financial assets, and instruments. For example, forex spreads 0.7 pips for EUR/USD, for EUR/GBP spreads 0.9 pips and for GBP/USD 1.3 pips. After completing these steps it’s time to choose the type of account you’d like, and to make a deposit if you like. This step can wait, because your account will need to be reviewed by the account team at limefx before you can trade.

  • This app offers full access to some of the web platform features and connects to the MetaTrader 4 trading platform.
  • There are no inactivity fees assessed on accounts that have no funds in them.
  • In short, we’ll find out of this is a broker who provides a fair trading environment, and whether your deposits are safe with them.
  • Please do your own research as well, but if you’re looking for a regulated CFD broker with good trading conditions you could do far worse than limefx.

It reports that it has the highest accuracy level and has a higher success rate, which implies that this robot makes winning trades in 90% of its trades executed. Because of this broker I finally understand how to trade Bitcoin. You should seriously think twice about investing any of your money as they have only just recently appeared on the net . Expert in all cryptocurrency exchange APIs (BitMEX, Bittrex, Binance, Bitfinex, Kraken, Poloniex, Gdax etc.).

Customer Service

Based on our research we think limefx is a regulated and trustworthy broker. New traders could flourish here, and more advanced traders would also appreciate the trading conditions offered by the broker. With a good selection of CFD assets, and the MetaTrader 4 platform for trading the broker is set up for successful trading conditions. Founded in 2016, limefx is one of a crop of fairly new CFD brokers based in Cyprus.

  • The trading platform at limefx is the popular and well-known MetaTrader 4 platform, and it is available for desktop, web, and mobile devices.
  • By reading this material, it is helpful for the users to forecast on the asset prices, do fundamental and technical analysis, and analyze the market’s price movements.
  • This step can wait, because your account will need to be reviewed by the account team at limefx before you can trade.
  • The way that the Scam Broker Investigator determines if a CFD broker is legit or a scam is by checking for a valid brokerage firm license.
  • You can tap the market of both hard and soft commodities quickly.

Clients also have access to the award-winning MetaTrader 4 trading platform, and to a deep stable of educational materials. Moreover, it is a good platform for new traders and experienced traders who are looking to make a passive income online, by trading with cryptocurrencies. The traders do not need any prior experience or skill to trade on this platform. However, we suggest the trader should make use of the demo account, do some basic research, understand the key terms involved, and then proceed with live trading. Traders are advised not to consider this review as professional investment advice. Bitcoin Aussie System is one of the leading auto trading platforms to invest in Bitcoin, that uses an algorithm that auto-trades on behalf of its users.

There are notifications to remind you of your trading obligation, which is a plus. With limefx, there are no deposit or commission fees charged to clients. appear to mainly market to clients in and around Europe and the USA via telephone marketing and posting on social media such as Tiktok and Instagram.

More info about trading scams:

Compliance with valid guidelines such as MiFID II, AML and KYC regulations is ensured. The limefx experience has shown that you wait longer in the live chat than is usual on other platforms. Anyone interested in the Pro account must contact customer support for more information. Designed for Forex trading, comprehensive price charts, trading tools, order history, market news and dozens of trading tools can be used for any CFD traded. Other fees include swap charges on overnight positions, as well as an inactivity fee levied on dormant accounts.

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