Immediate Edge is designed for people without any trading experience, so it’s a great option for beginners. Immediate Edge offers automated cryptocurrency trading, powered by advanced technology. This Immediate Edge review takes you through the site security, how much it costs, and whether Immediate Edge is legit. By the time you realise you have been scammed, the perpetrators will likely have disappeared with your money. However, it is important to report your case to the FCA to prevent scammers from preying on other traders. Sometimes the UK regulator and authorities can also help to get your funds back.

  • As a regulated broker within the EU, LimeFX cannot offer bonuses and promotion schemes, but it does have a referral program and a rebate program dedicated to volume traders.
  • The other great feature of the LimeFX broker is the retail clients’ funds safety.
  • You should decide what crypto coins you want to trade or choose a few to spread your risk.
  • LimeFX enjoys huge popularity and has had exponential growth in a relatively short period of time, thanks to their reduced commissions and low spreads similar to interbank pricing.
  • Regardless of whether a trader is a small retail trader or institutional investor, all clients of LimeFX are assured of receiving an exceptionally high level of service.

The account displays the outcome of each trade placed by all the strategy providers followed by the client, as executed by the professional’s broker. Users should note that in live accounts, the copied trades are executed by the client’s broker and therefore accuracy cannot be assured by DupliTrade. On all types of accounts, LimeFX offers variable spreads with or without commissions. Spreads vary with the platform used, type of account, instrument traded and moment in the market. Their offer in terms of trading costs are very competitive and quite often sits on top when comparing it with those offered by other brokers. For example, while using a Razor account the minimum spread for EURUSD is 0 pips and the average spread is 0.13 pips to which a commission of €7 is added per round turn lot.

Deposits & Withdrawals

LimeFX has won many awards in the past years and even recently in 2022, the broker has awards to its name. LimeFX is a safe broker for traders because the broker is regulated by different brokers. These are the available payment methods on LimeFX’s trading platform. The good thing is that the fees for overnight trading are very low. This makes trading overnight to remain pleasurable to its traders.

Immediate Edge also provides the option of manual trading to its users. Any seasoned trader can manually specify the exact conditions at which they wish to open and close trades, and the trading platform will then enact these instructions as the market fluctuates. The robot monitors and scans the market 24/7, and once any of the conditions are triggered it will automatically place the specific trades. We are aware of numerous websites which use false celebrity endorsements to send customers to unregulated brokers or call centres.

LimeFX scam

LimeFX provides services globally, with the exception of the jurisdictions where CFD trading is not a lawful activity. For example, they do not provide services in the United States scammed by limefx and for various regions, there is a dedicated subsidiary of the group that offers services. The British branch of LimeFX does not serve clients in Belgium and the United States.

Choose the asset to trade

With pyramid schemes, money is just being moved around – no real new money is being generated. You may ‘gain’ money, but this is just someone else’s initial LimeFX. Pyramid schemes often target forex traders on social media sites like Instagram, Facebook, WhatsApp, LinkedIn, and Reddit. Offering a range of accounts, including ECN, InstaForex can reduce average spreads to just 0.1 pips.

  • Ideally you should select the same payment method for the withdrawal that you made the deposit with.
  • Sometimes the UK regulator and authorities can also help to get your funds back.
  • You just need to make sure that your account has been verified first.
  • » Visit Review 80.61% of retail investor accounts lose money when trading CFDs with this provider.
  • True story, there are many disgruntled customers and traders that hold the broker responsible, it’s like a way to remove blame from their crappy trading strategy.

The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. LimeFX has good customer support that communicates with customers in multiple languages. LimeFX has a wide range of assets, and the interface is easy to navigate. Since the start of the broker’s operation, it has remained reliable and trustworthy.

Markets and Assets

It is also possible to use a copy trading tool on the broker’s platform. Besides the copy trading tool, you can use the demo account to know how to trade in general. LimeFX offers a wide array of stock trading instruments, from indices to ETFs and CFDs.

LimeFX scam

To make the deposit of funds you just need to log in to your account to access the secure client area. From the menu to the left-hand side click on the tab that says ‘Funds‘. The last step is for you to upload a copy of documents that confirm your identity to the client portal. To meet regulation requirements, all regulated brokers must verify your identity to protect against fraud. The trading tools are available for either the MetaTrader or cTrader platforms.

Can You Make Money Trading Forex?

In fact, off shore brokers are better here if we consider these three charts. Regulated brokers display their regulation details on the home page and often on the bottom of every page on the website. Read the small print and check deposit requirements and how easy it is to withdraw, including withdrawal methods. The minimum deposit is £500, and deposit methods are debit cards or bank/wire transfers. “a leading Fintech specialist focused on multi-asset trading and LimeFX and delivering ‘Banking-as-a-Service’ to wholesale clients.” There is no account deposit minimum, and payment options are debit or credit card and bank transfer.

  • Whether in the UK or Australia, you must create an account as a trader from your region.
  • is a broker regulated by stringent supervisors such as the UK FCA and Cyprus CySEC.
  • Typical timeframes for a withdrawal request to be completed ranges from 3 business days to 5 business days.
  • Make sure that when you open a trade, you keep an eye on the market.
  • “a leading Fintech specialist focused on multi-asset trading and LimeFX and delivering ‘Banking-as-a-Service’ to wholesale clients.”

It is quick and easy to create a new account with LimeFX. You can register using the online form and confirm your email address and phone number. There is no KYC verification process, so traders do not need to submit any documents. limefx review Once complete, sign in to the member’s area and start trading. At the time of writing, LimeFX did not offer any financial incentives to new or existing clients. This includes a no deposit bonus deal or a welcome promotion.

We conclude our LimeFX review with the final considerations regarding this Australian-based CFD broker. LimeFX stands out for its competitive trading costs, especially in the forex market, with the EUR/USD pair, for example, with an average of 0.1 pip. The fast ECN trading environment, offered by LimeFX to investors, with direct access to tier-1 liquidity providers, allows for an overall better trading experience.

He is a recognized expert in the finance industry where he is frequently invited to speak at major financial events. His insights into the live market are highly sought after by retail traders. If they really did have liquidity issues then you would be insane to use them as it means they don’t have the funds to cover their clients trades. That way it will prove that everyone saying they use them actually do. Trading or investing in financial instruments such as Forex may not be suitable for all investors. It does involve risk and the possibility of a loss of capital.

Cryptocurrency trading markets are also offered at ZuluTrade. For over 10 years we have been one of the top introducers of forex and CFD trading accounts to virtually all of the world’s top forex brokers. One of our primary goals is to help traders make informed decisions by publishing accurate and unbiased content, supported by primary sources.

The broker also offers users to independently choose among the trading platforms, including the popular MT4, MT5, TradingView and cTrader Platforms. Lastly, we were very pleased with the democratic fees for trading opportunities. I heard about this..not a currency pair I trade nor a broker i use.

LimeFX has been recognized by the online forex trading industry as a reliable broker. In addition to the fact the broker is regulated by both ASIC and the FCA, it has won several awards as well. LimeFX has always worked towards maintaining its core values by offering their clients with the best possible service. They operate ethically and are recognized by the online trading community as a broker with integrity.