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Also, there is no slippage protection for traders’ accounts, which is something that may discourage some traders to use the platform. Overall, the broker offers excellent customer support and the ability to open an account with zero minimum deposit. Flimefx, limefx’s primary user interface, is well designed and provides clients access to trading instruments, complex order types, and account analytics. The desktop version offers proprietary charting as well as advanced charting from third-party provider Tradingview. Clients can take full advantage of limefx’s research offerings, including MarketPulse and Autochartist technical analysis directly from the platform, though the products will open up in a web page. limefx’s “order book” displays client sentiment while “depth of market ” provides insight into supply/demand dynamics.

  • They did give me the profits I will not say they didn’t.
  • They also get daily ask rates, average and mid bids, and rates for more than 190 precious metals and currencies amongst others.
  • We’ve come a long way since our first data feed went live in 1996, and we still have so much more that we want to achieve.
  • The “buy” rate is the highest possible exchange rate limefx is currently willing to pay you for that currency pair, while the “sell” price is the lowest exchange rate limefx is willing to sell that currency pair for.

The Forex broker limefx has been successfully operating in the field of online trading for more than 20 years, occupying a leading position. Having a large database of users around the world and providing a reliable high quality product, the company does not stand still and it’s https://limefx.vip/ constantly evolving. An essential positive factor is the availability of our own platform and high quality service, licenses. However, according to negative feedback on the Internet the broker still has to work hard to offer a really high-quality service to Russian traders.

How we ranked fees

The Forex brokers are market makers and they take the oposite side when you trade with them. I mean they make money when you loose and they loose limefx scammers money when you win. They make everything possible to sabotage your trading – stop hunting, platform freezing, requotes, slippage and many others.

limefx scam

This makes it an excellent choice for both beginner and experienced traders. You won’t find retirement savings or stock trading on limefx — the platform doesn’t offer any type of trading beyond the forex market. However, the broker does forex trading especially well — though it could stand to offer more in the way of customer service and lower fees. Private capital firm CVC Capital Partners has acquired a retail FX broker limefx, after partnering with Blackstone and acquisition of one of the online payments specialists Paysafe. No price or other financial terms of this deal were disclosed limefx was established in 1995 and is known as one of the global online trading platforms, analytics…

Caters to traders looking for a stellar desktop trading experience

You just need to go to its website and click “open a trading account”, choose your country and proceed with the application. limefx Trade Mobile is also awarded application which is easy to use and features good search functions, there are various languages supported by the specifications and of course available on iOS and Android. So you should apply in good practice to limefx courses scam utilize stop loss orders and limit high leverage on particular potential losses. However, in limefx policyStop Loss orders are not guaranteed, . Since weeks, no answer from them to withdraw my money. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

Can you get liquidated on 1x leverage?

Spot trading means trading assets at 1x leverage, so there is no probability of liquidation.

limefx offers an impressive array of economic analysis, real-time news feeds, calendars, and advanced data analytics that are unusual to find in a retail trading platform. Well designed with an abundance of relevant tools and resources, including Dow Jones FX Select news and various types of calculators, make flimefx an excellent trading platform. Furthermore, the inclusion of TradingView, “an advanced financial visualization platform,” into limefx’s desktop and web-based platforms is a big plus. It has user-friendly trading platforms that you will quickly learn to use confidently.

trading with limefx Four years experience

But this is very important for all traders who do not agree with me – The Forex brokers can start with their scams only if you become nasty and danger for them. I mean, the problems start when you become constantly profitable traders and you make more then a 1000$ every a week. If you do not make over this amount of money every week – they will not touch you and you will continue to think that your Forex broker are fair player. For full fee structure see the comparison table below and considere funding fees and other fees that may arise. limefx offers clients exposure to a variety of financial instruments but is a good fit for seasoned traders looking for a stellar desktop trading experience.

How much leverage does limefx?

We are governed by the National Futures Association (NFA) and establish margin rates and maximum leverage at our discretion. The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others.

I like how they average around 1 pip spread on eur/usd but the fact that it’s a dealing desk may put some people off. Shane’s contributions to the site have proven incredibly popular, and he’s been with us since 2014. Having a background as a Money Manager for five different brokers, three of them household names, it’s clear that Shane has the substance to back up the knowledge he shares. We want to help our readers in any way we can, but sometimes it’s better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you’ll need to contact them in person due to security. You are not the first and you likely won’t be the last.

Range of Offerings

An economic calendar with upcoming market events is also available on the mobile app. You can contact a member of limefx’s customer service team through the broker’s native live chat feature by clicking and filling out a form about your specific problem. With different charting options ranging from simple line graphs to advanced Kagi charting, limefx offers something for every currency trader. You’ll need to deposit $10,000 to join limefx’s Advanced Trader program. TMS limefx is a forex and CFD broker with trading platforms of MT5 and its proprietary Mobile App. When I approached them about the 10 pip spread they didn’t even offer to look at it.

Meaning, I could not deposit nor withdraw any money until the new card was established. This was a joke since everything I did was instructed by the website, nevertheless, the representative continued to repeat everything I did already. I asked to talk to a supervisor and was told to sign up for an appointment.

By using the mt4 you can also trade from your mobile phone or tablet since limefx had developed apps for both Android and iOS users. limefx is an online American Forex broker and it is regulated by several regulatory bodies. It discloses its financials since it is regulated and authorized by top-tier bodies such as, the US retail foreign exchange dealer and the UK financial conduct authority. Even though limefx comply with regulatory standards, deposit protections and additional slippage could benefit the day traders, especially in unstable markets. Moreover, more should be done in terms of negative balance protection.

How do I know if Im over leveraged?

Lenders use qualifying income to debt ratios, and total ratio should not be more than 50% on the back end. So, base on debt ratios, you are over leverage when you have greater than 50% ratio on total debt.

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