limefx Review 2022 Bonus, Demo & App Ratings

What is more, Forex Contest is established by limefx competition held regularly and is one of the ways to test strategy, polish skills and grow confidence. A truly challenging experience available in both Demo and Live accounts hence is an ideal for both experienced and “fresh” traders, which is definitely another Pro point for limefx. For recently available contests check the official limefx website. In order to fund an account or to send money to it you may choose among the following methods, which may also vary according to your country of origin.

limefx scam or legit

To fund your account, you will need one of many accepted payment methods, including major credit cards, payment wallets and wire transfer. With most forms of payment, the funds take up to two hours to process and then you can start limefx scammers trading. In the case of wire transfer it can take much longer; three to five business days. With an extremely efficient platform and several trading requirements met, they are licensed and regulated by both CySEC and the FSB .

limefx Regulation

Other than that, the minimum spread on non-ECN accounts is 1.3 pips, for the standard account. Another great choice popular with novice traders and those less risky is the limefx Cent account. In this case the minimum deposit starts at just $10, so it is easily accessible for any trader. This account is also available to traders under CySEC regulation and offers instant trade execution. This account offers the ideal conditions to familiarize yourself with the broker and with trading in general, without any risk and without being obliged to make a deposit. With the demo account, trading is done with virtual funds in an environment that perfectly replicates real trading.

The email address of limefx is There is no local email address for Malaysian traders. When you first click on the live support button, you will have to option to chat on WhatsApp, Telegram, Messenger, Viber, live chat, or request a callback. The minimum withdrawal amount on limefx is MYR 22 per transaction via cards and MYR 8.9 via e-wallets which are processed within 24 hours or 1 business day. After registration, you will need to contact the support team to enable your account as Islamic. You will be required to provide a document that proves you are a Muslim. You can use your birth certificate or any other document that shows you are a Muslim.

What is limefx leverage?

We tested the credit card withdrawal and it took one business day. Both FP Markets and offer more base currencies. limefx account opening is easy and fully digital.The online application takes roughly minutes and our account was approved within one business day.

Can I have 2 accounts in limefx?

Yes, you can open as many demo accounts as you want in your Personal Area to practise and test your strategies. You can also win real funds by participating in the limefx Champion demo contest.

Commissions on this account start at just 0.1 pips on stocks, making it a great stock trading account when compared to other major brokers. AtoZ Markets’ limefx review intends to deliver a complete product range as well as client feedback about CySEC regulated Forex broker Please beware that limefx was previously branded as ForexTime. ForexTime provides technical and trading support as well, exclusive privileges for VIP clients, and makes it easy to open accounts. Other educational resources from ForexTime include the forex glossary, an introduction to forex trading, forex trading for beginners, a demo account.

Fraud Advisory: Foreign Currency (Forex) Fraud

Have enough relevant experience in the financial services industry. Unfortunately, limefx is not available to traders in the USA so these clients will need to find a different broker. Overall, FT Global Limited always follows regulations strictly.

What happens if your brokerage account is hacked?

While there are laws that limit your losses if your credit or debit cards are compromised, there aren't specific laws protecting you from cybertheft-related losses in your brokerage account. If hackers gain access to your brokerage account by hacking into your firm's servers, odds are good you'd be reimbursed.

In terms of security, FT Global utilizes the SSL protocol for network security. This ensures that a secure connection is used for all communications with clients. It also protects customers during any transactions they conduct with the company and ensures all customer information remains private. ForexTime limefx forex broker offers a loyalty program in the form of Loyalty Cashback. This program gives you withdrawable cash for your loyalty instead of virtual dollars or points with limited usability. For those who cannot attend any of the workshops or seminars, ForexTime also offers free trading webinars to its clients.

Deposits And Withdrawals

Trading requires decision-making and analysis of the markets. Obviously, before getting successful trades, you should know how trading works. This is due to the fact that with the movements of the markets, with prices going up and down, its volatility keeps trading alive and possible.

  • A company that is abusing the name of another company is a scam, that’s just the way it is.
  • Therefore you’ll all the time have entry to your account at private comfort.
  • These take place nearly every single day and are in a range of languages with a variety of topics.
  • You should know first if you truly understand trading and how it works before deciding to trade real funds.
  • In terms of security, FT Global utilizes the SSL protocol for network security.

I applaud them for their focus on the trading environment, granting clients a distinct edge. The financial regulator of Malaysia which is the SCM does not license any forex or CFD broker to operate in the country. However, limefx is regulated by certain top-tier foreign regulators such as the FCA of the UK and the CySEC of Cyprus. You can also choose to open an limefx demo account at this point by clicking on ‘Try demo’. For example, if you enable the swap-free option then open EURUSD trade, it will have no swap fees for the first 7 days.

limefx Overall Fees

Trading conditions offered are important in choosing a Forex Broker. When you trade with limefx , you would have a lot of trading options to choose from. You can trade Forex, Spot Metals, Stock CFDs, CFDs on indices, and CFDs on commodities. It offers currency pairs, tight spreads, a free demo account with free virtual funds, and is definitely a secure and reliable broker. limefx gives its clients a number of options in choosing what type of account the trader would like to use or what type fits him/her best.

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