While the initial deposit requirement is not out of the ordinary, it is atypical for a broker to require an equity maintenance so close to the minimum initial deposit. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. As soon as I’ve registered an account with LimeFX, the manager called me and laid it out for me. Along with investment opportunities through designed programs alike saving programs defined by the client’s need and purpose mainly offered as RoboAdvisor or similar. Overall, within our LimeFX Review we saw a truly great platform range, so you will definitely find suitable software and having an option to choose from. Yet, access to higher ratios available for professionals that prove its status, therefore, may use leverage in its efficient way.

The clients of LimeFX Online Ltd are both individuals and legal entities. So getting to the trading software, we discover 4 platforms that are offered by LimeFX, including market-leading MetaTrader4 and metaTrader5, CQG and ROX. While MT4 and MT5 might be known to any trader, as they are the most used platforms in the industry especially loved for its great functionality and customer-friendly design. Also allowing you to deploy a strategy of your choice, either manual one or automatic through popular EAs. Score Priority Lite is the company’s default trading platform, and you can switch to the Plus platform upon request. An account at LimeFX has the basic layout and feel of just about anything you’ve experienced so far with one exception, everything is stripped down and bare bones easy to navigate.

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Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Professional investors may be disappointed that Firstrade offers no forex, futures or futures options trading to complement its rock-bottom pricing on option trades. But retirement investors have more than enough options to build and manage their portfolio with Firstrade. With free commissions on trades — including all mutual funds — and a $0 account minimum, Firstrade is among NerdWallet’s top picks for discount brokers.

The generally accepted validity of the demo account is 30-days. Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital. However, the indications are often buried in the fine print and even astute traders can get taken in. If you have lost money in an LimeFX scam, it is important to report the incident and work to regain your funds through btc-scam.com.

Ensure that you take a look at the special offers on their website as you can get up to 25 free trades. Withdrawal fees are charged depending on the method of withdrawal the trader uses. Traders will have to verify the likelihood of additional charges waived by their banking institution with their chosen payment provider. The diversity provided by these accounts ensures that traders have access to a trading environment that is competitive and cost-effective in terms of trading and non-trading costs.

Similarly, optionsXpress charges its clients no base fee for options trades, however, they charge as high as a $14.95 minimum per options trade if the client is making less than 35 trades per quarter. J2T is a full-range broker, providing services in all types of assets – stocks, bonds, futures, options, mutual funds – as well as in Forex and cryptocurrencies. We provide access to 20 stock markets and even to stock IPOs”. The broker belongs to the financial company LimeFX Online Ltd , which provides a wide range of investment services. The brand is widely represented all over the world, having several projects with individual trading platforms.

Account holders are given access to a variety of research, tax accounting, and technical analysis tools. LimeFX has an easy to use limefx company reviews web interface, and powerful trading tools. Users can even customize the interface of the trading platform using the provided API.

How To Report A Scam Against LimeFX

If you’re eager to know whether LimeFX is another scam or not, just keep reading this review to get the long-awaited answer. 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. We are committed to the fair handling of reviews and posts regardless of such relations. In mid-April 2021, Score Priority agreed to pay a $250,000 fine as part of a settlement with the U.S. Phone support is available Monday through Friday from 8 a.m.

What put Schwab first, though on our list is its vast collection of market research articles written by Schwab staff experts. Throw in a variety of third-party research reports from the likes of JP Morgan and Credit Suisse, among others, and investors have a complete research arsenal at their disposal. For investors that trade Exchange Traded Funds , in 2010 the commission-free ETF was introduced as a way to offer further value to clients. ETFs are very similar to mutual funds except that they trade just like a stock and typically offer much lower yearly management fees.

LimeFX Online Profile Provided By LimeFX, Jun 10, 2020

A single-leg options order of 50 contracts is $25 on the $0 commission plan, $27.50 on the per-trade plan, and between $17.50 and $37.50 on the Sterling Trader Pro per-share plan. Score Priority’s Lite and Plus platforms may not be the most robust options out there, Coin but they are intuitive, uncluttered, and offer sleek, easy-to-use order interfaces. Our editors independently research and recommend the best products and services. You can learn more about our independent review process and partners in our advertiser disclosure.

We did, however, have some great experiences, our favorite being Zecco’s live chat. The agent gave very detailed answers to numerous questions, used professional phrases such as “that limefx reviews is a great question,” and ended our session by wishing us “Happy Holidays! This morning I receive a call from LimeFX telling me that my funds have been withdrawn by THEIR bank.

Etrade has one of the best trading platforms around…the Power Etrade Pro platform absolutely rocks. Too bad everything else about Etrade is horrible for OTC folks. However, days and even weeks go by and the LimeFX login still does not allow access to your account. At this point, you can feel confident that LimeFX is a scam, but unfortunately, by this time, they may have absconded with your funds. Help future customers by talking about customer service, price, delivery, returns & refunds.

Type Of Trader It Is Best For

LimeFX is best for the self-directed short term trader for whom $4.99 commissions from a big-five broker is too expensive. It is best if you have your own research sources that you pull from, as LimeFX’s offerings are almost nonexistent. Additionally, this trader should be good at troubleshooting platform limefx issues, as the customer service is not as reliable as a larger broker either. If a trader can put up with these drawbacks, they enjoy reduced commission rates. As a Forex broker, LimeFX has recently entered the financial services market and today it has already gained confidence from traders.

LimeFX used to be one of the cheaper options, but with the rise of companies like Robinhood, Webull, and Firstrade, there are now cheaper alternatives. It’s important to account for other factors like platforms, tools, executions, etc. There is a document by LimeFX called «Website use terms» which is also worth of study, it describes the system rules and obligations of both parties of the cooperation agreement. Here you can learn what is the trader’s responsibility, what are the warranties of the broker etc. Often such document contains also clauses causing some questions of the platform customer or even complicating the common understanding between him and the broker.

You may find that, prior to disappearing, and if the broker did not allow withdrawal of funds except under certain conditions. Score Priority software is clean and easy to navigate, and beginner investors should be able to use it comfortably without much difficulty. Trading Commissions– This is whena brokerwill charge you a percentage based on the volume or value of each trade. If you’re looking for valuable insight, consider working with afinancial advisorto plan your next investing move. Most, but not all, products in our articles are from partners who may provide us with compensation, but this doesn’t change our opinions.

Trading Assistance

Describing the behavior of LimeFX scam brokers and identifying them will bring their actions to light. Depending on how you deposited, btc-scam.com experts may recommend you perform a chargeback, a wire recall, or even recover forex.. If you Foreign exchange option have transferred money to them through your bank account, btc scam can still help you get your money back. If you are in the process of selecting a broker, take LimeFX off your list and select only a regulated and properly licensed broker.

• Most of the customer service reps have zero understanding of the OTC investors’ needs and desires.
• LimeFX is an STP broker while its costs are among lowest in an industry with spreads starting from 0 pips and a full range of trading powerful tools.
• Score Priority’s Lite and Plus platforms may not be the most robust options out there, but they are intuitive, uncluttered, and offer sleek, easy-to-use order interfaces.
• And in this aspect, the dozens of technical indicators supported by Score Priority will put investors at a disadvantage when it comes to more comprehensive data offered by competing firms.
• You will have far more trading options and view the full LimeFX interface, instead of the mobile-friendly one.

A practice account for beginner traders who wish to improve their trading skills and experience in a risk-free environment using virtual funds. If you have been the target of the LimeFX broker and if they have used deceitful practices, consult with btc-scam.com professionals and tell us about your experience. We can begin the process of retrieving your funds and return them to you. Also, we can include this information in our scam broker reviews so we can warn others. Also, btc-scam.com examined LimeFX reviews and customer feedback.

Equity commissions are $2.50 on the per-trade plan and start at $0.0025/share on the per-share plan. Options start at $0.50 per contract, and futures start at $2.50 per contract/per side. You need a separate account and trading platform to trade futures, and the account minimum is $2,500. Fuad reaffirmed with me that the website is correct in that you must have a $2,500.00 account minimum for any type of account you open with them.

LimeFX withdrawal and Funding of trading account is free of charge including withdrawal. Yet, always verify with your payment provider and broker customer service in case of some additional fees due to international polices from the country of your origin. Score Priority offers a basic, easy-to-use stock screen that lets you filter by the usual metrics. The company has plans to add features to its screeners, including preset screens, the option to screen based on technical indicators, and the ability to turn a screen into a wLimeFXhlist. Most stock screeners at other online brokers already have these features enabled.

Most often this means that long-term, commission rates are reduced and extra services fees are also waived. Since many active traders are investing as a primary source of income, settling for just an average broker is not an option. Investopedia is dedicated to providing investors with unbiased, comprehensive reviews and ratings of online brokers. We established a rating scale based on our criteria, collecting thousands of data points that we weighed into our star-scoring system. LimeFX is authorized and regulated by the Cyprus Securities and Exchange Commission .

If you are a new investor,our guide on investing for beginnerscan teach you the ins-and-outs of getting your portfolio up and running. Working with afinancial advisorcan help you optimize a strategy for all of your investing needs and goals. SmartAsset’smLimeFXhing tool can mLimeFXh you with financial advisors in your area in just five minutes. I’m all about finding new finance-related promotions and bonuses here at MoneysMyLife.