LimeFX did not start providing financial services right away. Before its brokerage business, LimeFX created robots for automated trading. Such experience allowed its experts to become competent analysts. LimeFX needed to create working qualitative strategies to sell their robot traders.
Advanced, scalable trading technology for investors and trading professionals alike
With consideration to the range of trading assets and trading accounts, the firm is made attractive to both seasoned and novice traders alike. How does one start trading? Traders need to go to the LimeFX.com site, register, and make a deposit.
LimeFX – Scam or legit forex broker
LimeFX’s trading conditions range from average to outstanding. Traders need only a minimum of 500 dollars to start trading. A relatively small amount, 500 USD, is enough to cover possible initial losses. But as with usual trading, the more money traders have, the more significant the trading turnout for them. In comparison to other brokers, however, such is not so attractive.
What is an STP broker?
A young and ambitious broker who has already won the trust of thousands of traders. The advantages of the site include unique trading tools, free training, large leverage and a bonus program. You can get to know the broker better without unnecessary risks using a demo account. Then you can do real trading.
Nonetheless, LimeFX delivers something notable from it as the said amount is enough to cover transaction costs and buy substantial assets. I have been trading with this broker https://forexarena.net/ for 6 months and I can now share my opinion. I liked the investor simulator and polite customer support. Some people say that managers are annoying, but I can’t say this.
Free, intuitive web trading platform and mobile app for traders on the go
In all situations, minimum volumes of orders are pegged at 0,1 per lot. These pertain to companies who purchase financial assets to sell them to traders at a price established by them. An apparent business model, dealerships create conflicts of interest because the trader’s profit is the broker’s loss. Dealers want to earn more and can change prices in any way they want.
There was a mobile application before, but now, LimeFX proposes to trade on the web platform should traders elect to use their smartphones to sell. Unexpected troubles with work. Not an automatic sign of the broker being a scammer, suspicions against it will grow due to frequency. Additionally, scammers can ignore questions from clients, especially if these troubles come from them. These pertain to entities offering a set of services and products to clients LimeFX, as already made apparent, is a broker.
After this, trading can already commence. An efficient internet connection is an excellent consideration as every delay costs traders money. More often than not, dishonest brokers establish very wide, spreads to make traders lose. LimeFX, on the other hand, offer very tight spreads, as confirmed by our Forex review in another segment. Traders should be attentive because some brokers mask unprofitable spreads with low commissions.
The logic behind STP technology is easy to understand. If a person proves unsuccessful in trading, the broker does not get a commission, a loss on its own. Hence, LimeFX created an educational center as more brilliant traders bring in more money for brokers. Information is regularly updated, making the educational center always relevant and helpful. Both beginners and professionals can find something interesting for them there. A tool protecting beginners from potential losses, LimeFX’s Investor Simulator is an improved and fortified Demo Account (also offered by LimeFX).
All user funds are saved on a separate account in leading world banks. Such guarantees traders protection from potential losses incurred should traders encounter brokers who are out to steal their money. STP technology renders disinterest and magnifies brokers’ care for clients. Not your typical brokerage firm, LimeFX impresses with its numerous offers, painting itself a positive picture worthy of traders’ trust. However, doubt and misgivings are endemic to attitudes within the trading industry.
- If a person proves unsuccessful in trading, the broker does not get a commission, a loss on its own.
- I traded with other brokers that offered better conditions in my opinion.
- Then you can do real trading.
- It has an interface that is understandable for beginners and every feature can be accessed in a few clicks.
The broker withdraws the money in time. I don’t have a VIP account, so I didn’t have a priority, but this fact doesn’t bother me. LimeFX is an online platform for working in the financial markets.
The LimeFX negative reviews do not complain of scams but about things which are not satisfactory for certain parties. These reviews are somewhat subjective. So we may no longer delay, let us take a look at the LimeFX negative reviews.
What I am not satisfied with is such a high minimum deposit. It would be better if it was smaller. lime fx Also, I am not satisfied with the web mobile platform. I want a full mobile application.
What do we have in general? There are many LimeFX positive and neutral reviews. A great number of these are about terms of withdrawal (but all people, even those who were not satisfied, do not say LimeFX is a scammer).
An investor simulator is one of the most interesting features, but it is not for me because I have trading experience. The web platform is not bad. It has an interface that is understandable for beginners and every feature can be accessed in a few clicks. In general, I recommend it.