LimeFX Review 2022

First off, it features two comprehensive licenses from the ASIC and FMA of Australia and New Zealand, respectively. In addition to that, LimeFX has a transparent pricing structure and has gained popularity in the industry. This is a scam and seems to be a classic pyramid scheme. The new investors put money in that is used to pay the older investors these amazing “returns”. Eventually the whole thing collapses and most people lose their money.

Each broker we review is judged scammed by limefx on the same 10 key areas.

Trade With A Secure And Licensed Broker

You can fund your account via Visa, MasterCard, Maestro, Skrill Neteller, VPay, and wire transfer. As for payment executions, LimeFX usually finalizes your deposits and withdrawals instantly with e-wallets, while credit cards might take a couple of days. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware.

• You can use this to practice trading or test strategies once you’re more experienced.
• This is a scam and seems to be a classic pyramid scheme.
• There are also Islamic accounts available for Muslim traders, and a free demo account for you to practice your trading skills.
• In general, LimeFX is transparent with its fees in comparison to other brokers.
• The broker is licensed and regulated by both ASIC and NZFMA, providing confidence to clients.

These platforms offer 4 pending order types, a variety of trading signals and indicator, analytical objects and charting tools. It also gives you the chance to try out the financial service provider before committing a lot of money. In general, LimeFX is transparent with its fees in comparison to other brokers. For example, there are no instrument-specific commissions for you to pay nor will you be charged for account maintenance.

Our expert team has thoroughly explored the broker, using a tested methodology and scoring system. This process places importance on the things we know matter most to traders. Below you can see how LimeFX scored in each of our high-priority categories. If you review LimeFX’s depositing methods, you’re sure to find a payment method that’s both convenient and familiar.

Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. 74-89% of retail investor accounts lose money when trading CFDs. You should ensure you are aware of the risks involved in trading and if you can afford to take the high risk of losing your money. Yes, all of the details mentioned in our LimeFX review indicate that this is a trustworthy forex broker.

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Their “Team and Management” photo is a literal stock photo. Their “Risk Management and Safety” section has nothing to do with risk management or safety Fundamental analysis and is instead filled with nothing of substance. Their “Strategy” section has absolutely no details, just more meaningless green buzzwords.

If you’re more experienced, we’re sure you’ll put the diverse range of CFDs and technical tools to good use. LimeFX does not offer deposit bonuses to new or existing clients. Instead, they offer favorable trading conditions to everyone, regardless of how much they deposit or trade. That said, you will be able to claim a swap-fee rebate bonus of 25 or 50% if you are a Gold or Platinum account holder. Yes, our review of LimeFX confirms that the broker is regulated by the ASIC and NZFMA . As part of this regulation, the broker maintains segregated client funds and offers negative balance protection to reassure clients.

This is clear from the broker’s regulation by both the NZFMA and ASIC, and the strong reputation of its parent company. Client fund protection and security measures S&P 500 provide even more confidence for Australian and New Zealander traders. If you’re a beginner trader, you’ll appreciate the user-friendly trading platforms.

Don’t Miss Out On Great Trading Opportunities

No, due to regulatory restrictions, LimeFX does not offer you a bonus. Instead, the broker focuses on providing an optimized trading environment for all traders. This ensures that you aren’t pressured into depositing more than you feel comfortable with. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices.

Founded in 2019, LimeFX offers you the ability to trade CFDs of cryptocurrencies, shares, indices, commodities, metals, and forex. You can also choose from three account types and benefit from vast educational resources. The broker is licensed and regulated by both ASIC and NZFMA, providing confidence to clients.

Does LimeFX Offer Bonuses Or Promotions?

You can open one of three account types with LimeFX; Silver, Gold, or Platinum. All account types come with a minimum deposit amount of $250, yet some offer more benefits than others. There are also Islamic accounts available for Muslim traders, and a free demo account for you to practice your trading skills. LimeFX is available for traders within Australia and New Zealand. It does not offer services to clients from the United States, Canada, the UK, or Europe. Aside from geographical restrictions, however, there’s not much else standing in your way of trading with LimeFX.

This means the only fees you need to pay are spreads, swaps, and inactivity charges. All fees and charges are clearly outlined on the scammed by limefx broker’s website and the trading platform for transparency. There are also no deposit fees, and most withdrawals are fee-free.

Funding Your LimeFX Account

You can use this to practice trading or test strategies once you’re more experienced. LimeFX was established in 2019, and it has headquarters at Level 13, 1 Albert Street, Auckland 1010, New Zealand. LimeFX accepts traders from both Australia and New Zealand, yet due to regulation, it does not extend its services to the US, Europe, or the UK. Read on to learn what other features make LimeFX stand out from the crowd and in which departments the broker could do better. Compare broker See what benefits one offers over the other.

We look for specific features such as customizability and trading signals. Stay far away from this scam and try to warn your friend. Individuals should stay far away from FOREX, and anything to do with it. You aren’t going to beat the HF-trading computers, and the people that own them. Someone offered me an investment and claimed verrrry promising rewards. We check not only the licenses the broker claims to have for different countries, but whether these licenses are up to date too.

LimeFX Review

Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. During our LimeFX review, we also tested the broker’s customer support services. Follow along in this LimeFX review to find out every important detail about this forex broker. You’ll discover how we rate LimeFX, scammed by limefx what its regulatory measures look like, and if it is suitable for your trading style. That’ll be a lllot of money and i’ve learned every time there’s something looks toooo good you should suspect.. In this review, you can find all the information you need to decide whether LimeFX is the right broker for you.

Our LimeFX review found that the minimum deposit is accessible at just $250, and the broker accommodates traders of all skill levels. By offering choice in all departments, LimeFX also ensures that traders of all skill levels feel comfortable and catered for. At LimeFX, you can choose from three different account types. Our LimeFX forex broker review team was also pleased to find that all of these CFDs can be traded using various versions of MetaTrader. In addition to the downloadable MT4 software, you can also trade with LimeFX via WebTrader or MT4 for mobile.

It offers over 300+ CFDs and the ability to trade via MetaTrader 4, one of the world’s leading forex trading platform. Our reviewers found it to be a great choice if you’re looking to diversify your portfolio, thanks to fair fees across all CFDs. Our review of LimeFX confirms that this is a reputable forex and CFD broker, with a range of assets to offer something for everyone.