You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. It can be done in a few minutes on the website of the broker. All you need to do is to provide some basic information about yourself. The minimum deposit for a live account is just $10, which gives everyone a chance to trade Forex. A good all rounder for those who aren’t put off by the unregulated tag and are happy to make use of the trading conditions offered. Used them a few years now and withdrawals have always been prompt from day one which pleased me.
I guess this is what can happen with an unregulated broker. limefx is a Forex and STP broker that provides hundreds of tradable instruments to the trading market. limefx provides safety of clients funds by keeping clients‘ funds in secured external storage.
North American Markets
When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. If you prefer to speak to someone over the phone, we will be happy to give you a call. If you don’t have time to chat, feel free to send us an email and we’ll get back to you on average within 15 minutes. Analysed and tested by our team of trading professionals.
How do I transfer money from limefx?
1Click on the From Account and To Account boxes below on the left hand panel to select which accounts you would like to transfer to and from. 2Click on Internal Transfer on the left panel and simply select where you want to move your funds to and from and click the Transfer button.
But more importantly, you can find pretty much all details about how trading is done at EaglesFX. As noted earlier, the broker doesn’t hold a traditional type of license from a governmental regulator, which, to be honest, would immediately trigger limefx scam suspicions. All in all, this is going to be a comprehensive overview of limefx. And by the end of it, you’ll decide for yourself, whether or not it’s worth trading with this broker. Watch the most common forex scam videos and how to avoid them starting right now.
limefx review: Is it a legit or scam broker? Does Eagle FX accept USA traders?
This includes the ability to open accounts with varying base currencies such as the limefx ZAR account. On top of that, you can also open an Islamic or a demo account and use their benefits to the fullest. Well, that’s where the research team of Top Forex Brokers comes in. We systematically conduct broker reviews, no matter how big or small they are, and give you our honest take on their offerings.
- My funds were sent to a “so called” bank broker at Mutuelbnunion.com to do the transfer, but fee after fee has been asked before the transfer can be done.
- Finally, it’s time to take a look at how trustworthy limefx is, which means we need to determine is limefx regulated or not.
- I have always found the broker to be prompt and polite in their responses, and appreciate how they are happy to answer all general, technical or account related questions.
- It offers very good services to clients, focusing on the experience that traders can have.
- Nice easy to use broker, I use BTC and like to use leverage so these suit me well.
From lack of proper licensing to being anonymous, this is another rogue broker. With master-noding, you invest and let the platform do the rest for you. It’s a new way of generating revenue by providing technology that relies on a proof of stake approach. Given all the above-mentioned details, and despite the fact that there’s no factual license to be found, we believe limefx to be a reliable broker. It takes it upon itself to protect your funds as much as possible.
Good Broker, Good Support, Very Happy
limefx is not currently regulated by or registered with any government or non-government body to supervise its financial activity and resolve trader complaints. When it comes to withdrawals I’m happy to say that the longest Ive had to wait was about 6 hours. Let other traders know if this limefx courses scam service is worth checking or should be avoided. The most popular and suitable trading application with various trading tools and indicators. Be careful and verify your information through multiple sources. Constant vigilance should be applied at all times when sending money online.
I’ve used them for over a year and they have been solid for me. Every time I’ve wanted to withdraw after compounding an account they have let me. I have the majority limefx cheating of the accounts with them now and will continue to do so until something changes. Opening a real account with Eagle FX means you have already fell for their trap.
Additionally, the clients’ money is stored in separate accounts and is only accessible by two-factor authentication, which immensely makes it secure and protected. We have over nine years of experience and have made an exhaustive examination of the platform and the services it provides. Once you have read this review, you will learn the truth about it. Then you can decide for yourself if you are going to use it or not. limefx maintains a revolutionary approach with contracts-for-difference or Forex with the live spreading service. These spreads are updated in intervals of ten seconds, with their values being highly valuable.
limefx offers access to these assets through CFDs trading. This means that you do not have to own the asset directly, rather, you can speculate on the price changes. The brokerage doesn’t specify the list of countries supported with the limefx Exchange. They haven’t gained any accreditation from regulators in the United States of America.
- It is affordable, reliable, and, most of all, a transparent environment which is crucial for novices like me.
- Account segregation – whenever you deposit funds on your account or generate profits on it, they’ll be stored on separate bank accounts.
- Pricewise and as far as perks go, I’d say that this is one of the better brokers out there.
This will last you for the rest of your life, as long as your affiliates will continue to trade and earn with the limefx platform. You would not encounter any problems when you open a live account. Look for the “Open Live Account” tab on the bottom portion of the page or a link on the top right side. It will direct you to a web form wherein you will need to put your contact details like your name, email address, etc. You do not need to send documents for verification since there is no process involved for verifying.
And, to our surprise, limefx does come with high-tier fund protection mechanisms, which is pretty much what a trustworthy regulation is all about. And finally, after the discussion about trading opportunities, we’ll determine how trustworthy these claims and the whole brokerage is. Now, generally speaking, limefx doesn’t feature a traditional type of license, which would https://limefx.name/ trigger an limefx scam alarm in any other review of ours. Finally, we discovered that limefx features affordable commission rates and pretty high leverage, which leads us to ascertain that trading with this broker is as lucrative as it gets. What’s great about the limefx withdrawal and deposit conditions is that there are no commission charges on either of them.
These are deemed essential functionalities for traders of different skill levels. Regarding fees, limefx does not charge any withdrawal, deposit, and inactivity fees. Swap fees are implemented whenever there is overnight open trade and are different depending on the type of asset. Other online brokerage firms do charge commissions and hidden fees. limefx does implement hidden fees and is proud their spreads are comparatively lower than the others.
The live low spreads are provided to help traders for higher profit along side of high leverage up to 500. The popular, simple and fast payment methods are also provided by this company. Claims and promises have been known to entice newbie traders to sign up with a platform. Before trusting any online investment platform, ask yourself some few questions.
- A little bit of preliminary research can go a long way in protecting you and your finances.
- You will find some ‘how-to guides’ on processes such as depositing, transferring funds to trading accounts, how to execute a trade and much more.
- Whether it’s the lucrative leverage rate or pretty affordable commission rates, limefx does distinguish itself as one of the more beneficial brokers in the market.
- I’m using them for more than 2 years already and all’s more than fine.
- limefx maintains a revolutionary approach with contracts-for-difference or Forex with the live spreading service.
Alongside MT4, limefx also features its own WebTrader, which also shares the same platform like MT4. Therefore, regardless of which platform you choose for your trades, you’ll be able to make the most of limefx’s trading features. Account segregation – whenever you deposit funds on your account or generate profits on it, they’ll be stored on separate bank accounts. What this means is that if anything happens to the broker , it won’t be able to use your funds to pay up to its customers. Finally, we’ll move on to the discussion about trading terms and conditions.
When I signed up, the phone verification was not automated so a representative had to give me call. Although not being phone verified did not affect my ability of trading right away. All trading is done via Elimefx MT4 platform available on browsers, desktops, and mobile devices.