LimeFX Broker Kenya

If you have difficulty with LimeFX login, that may be a sign that you have been the target of a broker scam. If you are having problems logging in or if your broker’s site has been inaccessible for a period of time, consult with our experts and we can provide guidance about the best course of action. Don’t be fooled by a broker that allows you to make some money in the first few weeks.

LimeFX scams

This same year, the company earned two Australian Growth Company Awards, including the Financial Services Growth Company of the Year Award and the Growth Company of the Year Award. In 2013, LimeFX earned the Deloitte 2013 Technology Fast 50 Award – #1 Rising. That same year, the broker earned a spot on the Smart 100 list from Anthill Magazine. LimeFX was also a top 100 fastest growing companies according to the 2013 BRW Fast Starters. LimeFX also has additional professional indemnity insurance with Lloyds of London and maintains independent auditing to provide peace of mind. LimeFX is based out of Melbourne, Australia, with additional offices in London, Bangkok, and Dallas.

LimeFX Broker Review

As well the platform offers a rich, user-friendly interface and hosts order management tools, indicators, expert advisors, DDE protocols and many more. LimeFX’s enables clients to fund an account with ease throughout client area, as well to choose account currency that includes AUD, USD, EUR, CAD, GBP, CHF, JPY, NZD, CAD, SGD and HKD. Which is edefinitely great, in simple limefx words means you can skip exchange fee and may benefit from trading in your local currency. They are a fully regulated broker with over 9 years’ experience and they conduct over $12.5 billion in trades every day. You would be hard-pressed to find a better and more reliable broker to work with than LimeFX, so sign up today and get started on your forex trading journey.

LimeFX scams

Many of our clients who have been cheated note that when they asked for information, the broker was evasive. If LimeFX asks for fees for withdrawals, deposit, and leaving an account inactive, check that these fees are in line with the industry. If LimeFX asks for a withdrawal tax, this is a sure sign of fraud. When brokers disappear, they usually provide warning signs ahead of time. They will make extravagant claims and promise huge returns to attract traders.

LimeFX Spreads & Fees

Three largest brokerages such as LimeFX, LCG and LimeFX and two more major companies have applied for getting the Dubai Financial Services Authority license. The Dubai Financial Services Authority is the financial regulatory agency of the special economic zone, the Dubai International Financial… Together with advanced trading platform capabilities there are additional research included too like Autochartist, and regularly updated from the broker’s in-house analyst.

They conduct trades worth $12.5 billion every day and boast 73,000 traders from all over the world. And Australia for being an outstanding broker that offers great support for their traders. To further solidify its spot as a global leader as an online forex broker, LimeFX has earned many awards, such as being number 1 for customer service and overall client satisfaction. Going back to 2012, LimeFX earned the title of Best Intelligent Platform from LimeFX.cn and the Best ECN Broker Asia 2012.

LimeFX scams

This is not meant to deter you–in many cases, trading is safe and reliable but only if you have the right broker. This means avoiding flashy phrases and hollow promises of outsized returns Normal balance and sticking with brokers that have a solid reputation. This is why it is important to find out more about LimeFX before opening an account and sending money or sending any documents.

Responses To LimeFX

Another option is social trading through LimeFX’s many trading partners so you can profit while you learn. The company can deliver this thanks to its high-speed processing and years of market intelligence, combined with the use of cTrader and MetaTrader 4, world leaders in trading platforms. You will notice that all the LimeFX accounts have “Edge” in their name. This is because the broker uses the EDGE Environment, which is considered the highest-performing portfolio for forex trading technology enterprise clients who want to reduce speeds and enjoy execution acceleration. Those who qualify as premium clients get to enjoy a long list of additional benefits.

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. No, LimeFX is not a scam as it is a well-regulated broker that has been in business since 2010. It has positive reviews from both clients and industry figures and has earnt several awards and accolades too. Award-winning online CFD broker LimeFX goes from strength to strength with its official launch of commercial operations in Cyprus under its CySec license, securing certainty for European clients ahead of Brexit. LimeFX is built on an uncompromising level of service for all its clients, underpinned by some of the best prices and execution speeds in…

A few years ago, a high-profile currency trading broker disappeared with $1 billion of client funds. They talked a big game and claimed to trade $4.8 billion on behalf of 100,000 investors and promised gains of 1 percent a day. In the period of a year, that would be a return of 250%, which is 25 times higher than the average return of the S&P 500.

The LimeFX Razor account type though is a very popular choice, particularly among more experienced or high volume traders. This allows for a spread starting at 0 pips with an industry-competitive commission of $7 per lot traded with lightning-fast ECN execution and the best rates from liquidity providers. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Risk Warning – Trading CFDS, FX and Cryptocurrencies involves a high degree of risk. You should consider whether you can afford to take the risk of losing your money. LimeFX also offers cTrader, which is an intuitive forex trading platform. This platform is highly recommended for those who are just starting their forex trading journey, as it doesn’t have a learning curve as steep as MetaTrader.

  • When brokers disappear, they usually provide warning signs ahead of time.
  • Between 74-89% of retail investor accounts lose money when trading CFDs.You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • Edge Swap-Free Accounts are interest-free, have $0 commissions, and feature STP spreads.

These include priority client support, advanced market insights, premium rebates, invitations to premium events, access to the Qantas Point offers, VPS solutions, and advanced trading tools. If you are an experienced trader, particularly if you want to engage in scalping as is allowed by LimeFX, then many choose cTrader. This is due to the fact their execution speed tends to be fractionally faster yet they still possess all of the same technical capabilities and best tools that you will find through another trading platform. With LimeFX you will be able to choose between trading on the biggest named trading platforms in the sector. Not only do they provide access to your choice of MT4 or MT5, but you will also be able to trade on the cTrader platform if you wish.

This way, the broker can give clients the best trading experience possible. LimeFX also has a deep pool with liquidity sources without execution manipulation or a dealing desk, allowing for ultra-low latency. Precious metals from LimeFX have fast execution, flexible leverage options, no commission, and low-cost pricing models, making them a fantastic way to diversify trading strategies. There are six precious metal pairs available, including gold, platinum, silver, and palladium against the USD or EUR. In addition to the forex trading pairs, you can also trade CFDs with LimeFX, including Cryptocurrencies, metals, commodities, indices, and more. With the index CFDs from the broker, you will find 14 major global stock indices without hidden markups or requotes and with low latency.

LimeFX Pros And Cons

It delivers first-class charting with unlimited charts, real-time data export, and secure trading. There is also support for MetaTrader 5, which has optimized processing speeds, 38 built-in indicators, 21 time frames, a stock exchange built-in economic calendar, advanced pending orders, and the ability to hedge positions. With the different assets you can trade at LimeFX, expect to find hundreds of these available in several different markets.

Spreads

There are also extra optical fiber connections with Interbank Servers within New York, allowing for one-click MT4 ordering for an ultra-fast trade placement. You can contact LimeFX customer support via live chat on any page of the website. You can also find the broker’s phone number at the bottom of any page or click “Contact Us” at the top of any page. That will show you the broker’s physical address, 24-hour online support options , and numbers for 24-hour phone support.

Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question. This risk is higher with Cryptocurrencies due to markets being decentralized and non-regulated. You should be aware that you may lose a significant portion of your portfolio.

LimeFX one of the world’s largest brokers,enters the Kenyan forex trading market. LimeFX is built on an uncompromising level of service for all its clients, underpinned by some of the best prices and execution speeds in the industry. Explore LimeFX’s products and pricing at LimeFX.com LimeFX Markets Kenya Ltd, a subsidiary of LimeFX Group Ltd, has…

Soft commodities that are tradeable with LimeFX include coffee, sugar, cocoa, cotton, and orange juice, each of which has a 2 percent used margin per one lot. In fact, this was recognized in 2019 when they won an award for the “Best Customer Service in Europe” as one of more than 30 awards they have collected over the years. This offering helps LimeFX stand above many in the industry as one of the most comprehensive you will find. Don’t assume LimeFX is legit just because they had a friendly chatbot to greet you when you first visited the site or because the broker gave you plenty of attention in the first weeks. You might have even apparently made money on some trades, but see what happens when you try to withdraw the money.

This, along with being very easy to navigate and user-friendly has driven the platform over the years. LimeFX does charge small commissions if you choose to open a Razor account. To make up for this, Razor accounts come with very low spreads and no non-trading costs, such as deposit and withdrawal fees and inactivity fees. Compared to other brokers, LimeFX’s range of account types might seem limited, yet they do offer everything you need as a serious trader. If you’re just starting out in the world of forex trading, LimeFX makes life easy for you. The broker offers a user-friendly, intuitive trading platform with advanced functionality.

LimeFX applies transparent conditions and a quite competitive offering of $3.5 per lot per 100,000 USD traded. Our review team is more than happy to recommend LimeFX to any type of trader. Though they might seem limited in some of their offerings, this is actually a sign of a serious and trustworthy broker. Active traders also receive access to priority client support, complimentary VPS hosting, and exclusive insights from the broker’s analysts.

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