If there are factual discrepancies, it is highly likely a scam. If facts are similar and everyone says the company is dishonest, this is likely truthful. LimeFX Gold accounts provide a personal analyst along with a 30-minute review once a week.
LimeFX – Scam or legit forex broker
- One more thing notable about LimeFX is its offering of STP Technology.
- One more advantage LimeFX’s STP protocol provides is anonymity for traders.
- Traders need only a minimum of 500 dollars to start trading.
- The trading platform is very simple and understandable.
- The minimum deposit is high for many.
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.
LimeFX Trading platform
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.
How to create an account on LimeFX
While it does not automatically mean the broker is a scammer, if connected with other signs, traders should be cautious. There are many account types proposing different trading conditions. 500-dollar deposits are for basic LimeFX accounts as described above. Expensive LimeFX plans start at 5,000 dollars for their initial deposit.
I tried to work with LimeFX and I am satisfied in general. I traded with other brokers that offered better conditions in my opinion. At the same time, I don’t have anything bad to say about this company.
/SCREEN TRADING
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).
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.
Traders who want to activate an Islamic account need to contact their personal managers. Worthy of note here, scammers do not implement functions to make traders wealthy, let alone minimize lime fx traders’ trading risks. Firstly, traders are protected by the Investor Simulator. Secondly, traders can work with a professional analyst to reduce instances of unpredictable results.
Many people want to explain why Forex is a scam. Yet, they cannot do so because it can depend on their choice of broker. LimeFX provides more than 180 different assets.
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).
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.
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.
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.
There are many positive reviews on LimeFX. We only chose three to not inundate readers with information. In general, positive reviews are not as crucial as neutral and negative ones. Therefore, let us take https://forexarena.net/ a look at the less optimistic opinions. Usually, a large number of complaints with a huge number of positive opinions points out to a scammer. Also, we should read the review contents attentively.
