LimeFX Review

Further, they need to provide details like their full name, email address, password, and their preferred currency option like Euro or dollars. They should also provide a strong password that will safeguard their real account. The major advantage is it offers a personal manager where the users can get one-on-one guidance exclusively from trading expert advisors for investments. The support team of the broker is very convenient and can be contacted 24×7.

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The trading platform LimeFX has also undergone major upgrades during this time. Previously, for trading, you had to open 2 tabs, one of which was used for trading, and the other for technical analysis. Now this is not required since everything can be done from 1 screen of the trading platform. For Forex and CFDs, you can set a multiplier that allows you to increase the potential profitability of the trade. Using a Multiplier, a trader can open positions for amounts ranging from 10 to 500 times the invested amount. However, the use of a multiplier also increases the risk of losing the invested amount faster if the chart moves in the opposite direction to your forecast.

Talk about your experience with this business by leaving a review or comment below. However, it’s your obligation to read the potential signs every time you are about to engage in an online business. Last but not least, remember that even the best businesses in the world have occasional complaints and unhappy consumers.

LimeFX India Review: Pros And Cons

I think that all this hype about crypto is too high, so that’s no need to seek for a specialized brokerage to trade crypto, but if I can trade crypto combined with Forex its good. If you live in the European Union or just travelling there, the company will not allow you to register on the trading platform. LimeFX’s online platform is the embodiment of its overarching goal – making it as simple as possible for anyone to start investing. By far the most convenient way is the live chat, which lets you discuss your matters with the company representative right away. You can access the chat by clicking on the question mark icon in the top right corner of the online platform’s screen. If you choose to save your payment method on this step, you will later be able to make additional deposits in one click.

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Since 2016, LimeFX has been a member of FinaCom even though this broker is not regulated in North America and Europe. Further, the membership is offered only to companies that ensure the protection of their customers by covering up to 20,000 Euros that comes under the framework of the Finacom compensation fund. Earnings withdrawals LimeFX review – Scam or legit forex broker? are typically processed within 1-4 working days. The company does not add any fees, so the only cost you incur is the fee of your payment provider. There are more than 100 free online lessons in LimeFX’s growing library, where you can learn both the basics and the more advanced topics by following chat-like conversations.

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To trade on a real account, you need to make a minimum deposit of $ 10. After that, you will be able to trade on the trading platform with real funds. It’s very easy to start trading because you don’t even need to deposit real funds for this. As soon as you register, you immediately get access to a free demo account for $ 10,000. On the LimeFX demo account, you can develop strategies and learn to trade as much as you like. As per our LimeFX wonderful review, the platform is of high quality, has a great user-friendly and simple user interface.

  • There are over 100 lessons, covering the basics of financial trading, as well as advanced topics such as technical indicators and specific trading strategies.
  • The company does not add any fees, so the only cost you incur is the fee of your payment provider.
  • The review shows that LimeFX is a good choice for fixed time trades.
  • We also get your email address to automatically create an account for you in our website.
  • After that, you will be able to trade on the trading platform with real funds.
  • The broker provides a demo account with 10,000 virtual funds for its users to learn and practice.

However, read the LimeFX review in detail and know all of its services. For experienced traders, OlympTrade has special trading conditions Day trading and great deals. Starting with an advanced status, you will begin to appreciate all the benefits of this trading platform.

This is what every newbie needs, which can easily get confused or wrong. This approach reduces risks to a minimum if you trade with some competent strategy. Keeping up with the modern trends, Olymp have introduced LimeFX trading on its platform to allow its clients easy and hassle-free access to this rapidly evolving source of wealth. Once you log in, you will see the main trading screen, which consists of the price chart and the trade interface on the right. Above it you will find tabs linking to all your active charts, and below it – the currently active and recently closed deals.

Cryptocurrencies At LimeFX

As mentioned above, the company behind this trading platform is half a decade old. However, its story begins in the early 2010s, when a team of finance and IT professionals came together with the aim of making online investing easy for the masses. Please note that bonuses can be used only if your main deposit falls to 0. If you order a withdrawal of any amount of money, even 10$, all bonuses will be deducted from your account. You can not withdraw bonuses, but you can withdraw the profit gained from bonuses.

It offers an array of trading assets in indices, major currency pairs, cryptocurrencies, stocks, commodities, from well-known companies like Microsoft, Apple, and IBM. The platform offers an intuitive interface for inexperienced traders. Our financial experts have been evaluating Olymp for more than 3 years in order to create the review you’re reading right now. The user can download the app and they can trade real money online on the go. Most of the reviews about the LimeFX broker are positive.

LimeFX’s designers have managed to retain the simplicity and power of their full-size trading platform, while allowing users to open deals from any place with a mobile network connection. The LimeFX trading platform is completely legal in many countries. If it does not work in your country, you will see a message about it on the main page of the official website. The platform and app is extremely popular in Indonesia, Thailand, Turkey, Brazil, India and Vietnam.

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Delay is possible only during periods of great volatility when the most important economic news is released, but this is observed with all brokers. As a result of analyzing real reviews on OlympTrade, we can say that many traders are satisfied with trading on this investment platform. Often these are reviews on OlympTrade from top trading platforms 2020 people whose trade hasn’t been successful. But this is not the broker’s fault, most often this is due to the inexperience of traders. There are also complaints about technical support and delays in making trade execution. LimeFX is the best financial broker and is regulated by the Financial Commission from Hong Kong.

LimeFX Review 2021: Is LimeFX Legit Or Scam?

It offers a simple and smooth user experience and the user can trade using any device whether they would like to trade using a desktop or a mobile. The platform is custom-built and it can adapt itself with any device and switching is 100% effortless. This is very good that application that you trade with at Olymp does not have to be downloaded and installed separately. My computer is not very powerful and I’m glad that I don’t have to free any space or upgrade the hardware to start trading. I only want to give trading a chance to become my part-time occupation. There is both a browser version of the trading platform which you can use on mobile devices, as well as dedicated mobile apps downloadable in the Play Market or the App Store.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The OlympTrade education section contains articles on the basics of trading, the use of technical and fundamental analysis. In any case, the price chart and additional tabs are conveniently located and everything is clearly visible. As a result, you can quickly open positions in one click with the selected investment amount and expiration period. A trader can get Starter, Advanced or Expert status, each of which gives a set of privileges. The higher the status, the more trading privileges a trader has.

You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. It also offers webinar sessions, news, analyst help, price charts, an economic calendar, and a large number of tools for successful trading. You can start trading with real money starting from as low as $10, which is one of the lowest minimum deposit in the industry. Depositing funds and withdrawing from a crypto wallet can be a headache.

What’s even better, after completing the above procedure you will be able to use the full functionality of the platform right away, in demo mode. As a result, LimeFX ranks second in the ranking of the best FTT brokers in 2021, behind only IQ Option. From 5000 USD / EUR to USD / EUR, you will receive a 50% bonus. In addition, the platform provides local deposit / withdrawal methods for each country. For example, UPI and GlobePay are available for India, doku and bank Negara Indonesia are available for Indonesia, boleto and loterica for brazil, and so on. The basic functionality of the platform gets Starter status, but the maximum return in Fixed Time mode reaches 82%.

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LimeFX offers 100% negative balance protection for its users. This system provides two-factor authentication to safeguard the user accounts. LimeFX offers a stop loss or take profit option where the users can reduce the high-level risk of loss and make more profits.

OlympTrade provides excellent trading conditions for both beginners and experienced traders. The broker provides a free demo account, deposit bonuses and introductory education. More than 70 million people (!) are currently registered on this investment platform.

Above all, traders note the quick withdrawal of funds, the convenience of the trading platform, a large selection of trading instruments and the work of technical support. Above all, it should be said that LimeFX is a world famous online trading platform founded in 2014. The broker provides a wide range of trading options, for example, it allows you to trade Fixed Time Trades and CFDs on forex, stocks, commodities, indices, ETFs, cryptocurrencies, OTC. It offers great tools, features, educational resources, and great customer service, for its traders. This platform can be used by both new and advanced traders and it offers the highest level of security matching industry standards. It also provides free demo trading where the investors can practice trading before they proceed with live trading.

The platform is very user-friendly, modern and without bugs, and at the same time the interface is intuitive even for beginners. There are enough indicators and tools required for technical analysis. The broker withdraws money upon request in a short time, this was confirmed by personal testing of the trade with the broker. Its scam is most often reported by traders who lost their deposit due to inexperience. The broker provides a demo account with 10,000 virtual funds for its users to learn and practice.

Although sometimes you can see suspicious sharp jumps in an asset right before expiration. During this time, there were no serious complaints or problems with the broker.