If you’re keen to find out whether it is the right broker for you, we would highly recommend reading our in-depth LimeFx review before taking the plunge. In this review, we explore the platform’s range of assets, fees, spreads, regulatory framework, features, trading platforms and much more. LimeFx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses.
However, the broker does charge a $50 fee after one year of account inactivity. LimeFx does not offer its services to residents of certain jurisdictions such as the USA, Cuba, Sudan, Syria, and North Korea. The main advantages limefx of choosing to trade with LimeFx include exceptional client benefits and dedicated customer support. The LimeFx Personal Multi Account Manager (PMAM) platform will allow users to manage several forex accounts with ease.
Once you meet the requirement, any loss of the initial 5 trades will be compensated to your account. If your bonus account reaches stop out, then you are eligible to receive the 40% deposit bonus again with the next deposit. A number of payment methods are supported by LimeFx including major credit cards, bank wire and a range of online payment methods such as Skrill, Neteller and WebMoney.
Your trading equity and investment capital are increased, enabling you to hold more trades. Generally, this opens up more opportunities when trading in the forex market. In any case, you have to pay attention to the terms and conditions of every bonus scheme as some brokers do not allow withdrawal of the bonus. Finally, with no deposit bonuses, traders get to test a broker without spending their money. Overall, the broker offers the Micro, Premium, VIP, and Zero Fixed Accounts on the live floating/fixed spread accounts.
This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. Fill in the registration form & choose a Live Floating/Live Fixed account. To claim any of the bonuses, you need to open an additional account. For example, if you deposit $10,000, you will get an additional $10,000 bonus to trade with. Open an additional account to claim your bonus and trade with confidence.
However, the broker decided to leave the jurisdiction of certain regulatory bodies, and a number of its offices were closed. In order to start the LimeFx Account registration, the applicant can simply click on the green “Register” button located at the top of the LimeFx webpage. With respect to data security, LimeFx uses standard data encryption, but it lacks 2-tier platform authentication and only requires a 1-time password for MT4.
As the name suggests, traders will have to make a deposit once they have opened their account and completed the verification process. Usually, it takes a few hours or days for the bonus to be credited to your account. Once it does though, the trader can open and close positions so as to reach the required trading volume and be able to claim the bonus, which will be transferred by the broker to the trader.
Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea. Go to ‘Bonus’ under ‘Trading Requests’, choose your trading account and submit your request.
There is no restriction for fund deposit and withdrawal during the promotion. Please note that the initial 5 trades must not exceed the aggregated open volume of 0.1 lots. Follow the steps below to get the compensated trades bonus from LimeFx. In case of a withdrawal, you can withdraw the initial deposit fund plus/minus Half of the Loss or Profit you have made. Below you can find how to participate in the promotions, rules and conditions. LimeFx takes the problems of its customers seriously and customer support is available by chat, telephone and email.
LimeFx is authorized and regulated by the Financial Sector Conduct Authority (FSCA). The Financial Sector Conduct Authority (FSCA) is a financial institutions market conduct regulator in South Africa. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
Keep in mind that the bonus you received when you opened your account is removed when you make a withdrawal. You can reach customer support directly on the LimeFx website through its live chat feature. The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. Tempting trading conditionsHowever, my attention to LimeFx was captivated by its outstanding reputation with traders. Welcome bonuses are available at LimeFx when you register for a new account.
There are no deposit fees (coverage for wire transfer charges for deposits over 10k USD). The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Since March 1st, the Next Iron Trader Competition is live, with a huge prize pool of $550,000.
The required deposit amount to get LimeFx’s 40% Iron Bonus is $500, or equivalent amount in other currencies. An Existing Accounts which has received a bonus before, cannot join this promotion. Use the sign-up link below to get https://limefx.club/ started with the 100% Unlimited Sharing Bonus. 2015, wasn’t a good year for LimeFx, as a number of Chinese affiliates filed 160 complaints. CySEC decided to make its own investigation, but charges against LimeFx were settled.
Trading with LimeFx will involve fees from $100 USD, spreads from 1.6 pips, and commission-free trading depending on the account traders select. In 2014, it announced a partnership with renowned football club FC Barcelona, and become another Forex broker that appreciated the importance of a sporting connection. But not everything is rosy in the LimeFx camp, as we found a number of negative reviews when writing our LimeFx review. However, many of the complaints online seemed to be related to customer withdrawals, which is always a tricky part of online trading. As not everyone reads the terms and conditions carefully, and understand the requirements for making a withdrawal. Which is one reason why we often mention that reading a company’s terms and conditions is important.
