Most traders will pass account verification by sending a copy of their government-issued ID and one proof of residency document. LimeFx might ask for additional information on a case-by-case basis. Beginner traders get limefx forex broker three eBooks, numerous webinars, and a video library with short but well-constructed content. It includes three videos on trading psychology, which are excellent, as it remains the primary topic beginners must master.
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The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated. The minimum deposit requirement is $50; basecurrencies are EUR, USD, or GBP. Forex traders and other market traders canaccess LimeFx’s services through the MT4 platform, WebTrader and mobileplatforms.
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I am missing an introduction to the proprietary options, as LimeFx does not list any features and only notes how to access or obtain them. LimeFx offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience.
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Customers can contact customer service representatives by phone, email, etc. To assist consumers quickly, there is also a FAQ section that includes simple answers to complex questions. Whether you are new to affiliate marketing and forex, or you have an established presence in the forex industry, you can earn commissions by referring your audience to LimeFx. https://limefx.name/ It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. I tested LimeFx’s transparency by checking the availability of essential information on the website. All essential safety information is present and written in an easy-to-understand way.
- An agent connected almost instantaneously to the chat, but they did not introduce themselves.
- Overall, LimeFx is a well-regulated brokerproviding a secure trading environment for traders.
- Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.
- LimeFx, operated by Tradeco Limited, segregates client deposits from corporate accounts and offers negative balance protection.
No refunds after making a deposit are some very disturbing clauses in the agreement. The more you demonstrate that you value your clients, the more likely it is that they will return and refer others to you. In light of this, LimeFx provides excellent customer service to its clients and makes this one of its top priorities.
Many traders worldwide find WebTrader to be appealing due to its user-friendly layout. You can trade forex without installing any additional software on your devices from any browser or operating system. You may start trading and access all of your account information with just a few clicks. The WebTrader software offers one-click trading and many charts for comparing assets.
I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. LimeFx presents clients with one regulated entity and maintains a secure trading environment. LimeFx allows traders to deposit and withdraw funds through various methods. Skrill, Neteller, bank transfer, credit/debit cards are some of the most often used deposit and withdrawal methods on the platform. The processing time varies depending on the payment method and is free for deposits and withdrawals.
LimeFx’s affiliate program offers expert and personalised tools and support to help you monetise your online business. If you are an online website owner, social media influencer or run your own educational hub, then partnering with us is a great way to expand your business. Our program will help you get rewards for referring our services and driving traffic to our website. Hello Abdullah Khaled Al-Saleh,Thank you so much for taking the time to leave this review. We’re thrilled to hear that our support team was able to help you out with your inquiry.
Trade forex with fixed or flexible spreads, starting from as low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions. LimeFx accepts traders resident in many countries, however it is not targeted at residents of the EU where it is not licensed.
You shall operate and maintain the Affiliate Site in accordance with all applicable laws, rules and regulations. Please include as much information as you can in the ‘How will you promote us? ’ field as this gives us a clear idea of your application and also gives you a much better chance of being accepted. Once your application is successful you will be informed by email and you will gain access to the affiliate dashboard where you can find your ‘Affiliate ID’ and start making money. Upon completion of your affiliate application, your submitted application will be reviewed. We regret we do not simply accept every application for the affiliate program, we will treat every application on its own merits and your application will go through our vetting process.
The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account. LimeFx works with multiple payment services to provide its clients with maximum flexibility. Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. I found out that the live spreads listed on the website correlate to the actual price quotes on the platform, underpinning LimeFx’s high level of fee transparency.
You acknowledge and agree that you had sufficient time and opportunity to have this Agreement reviewed by your legal counsel. If this Agreement is ever construed, whether by a court or arbitrator, such court or arbitrator will not construe this Agreement, or any provision hereof, against any party as drafter. This Agreement shall commence upon the last signing by a Party and may be terminated by either Party upon written notice to the other. If we terminate this Agreement due to breach by you, no further Fees shall be paid to you and we may seek such other relief, equitable and legal, as may be available. If you terminate, the Fees due and owing to you shall be paid as provided herein. You have sole and exclusive responsibility and liability for the development, operation, maintenance and all materials and content that appear on the Affiliate Site.
It could be argued that MetaTrader set the standard for how retail platforms should be organized. It also supports automated trading via its Expert Advisors (EAs) feature. Meanwhile, the mobile app version of the platform supports trading on the go. As the prices of these commodities can beaffected by factors like supply and demand, political unrest, etc., traders cantake advantage of this volatility and make profits while trading thesecommodities. Deposits are free and instant; traders canquickly start trading after the deposit is complete. Account verification is mandatory, as LimeFx is a regulated broker with FSA oversight and must comply with strict AML/KYC requirements.