The main entity ForexTime Ltd is regulated by CySEC of Cyprus, authorized by FSCA of South Africa, and additional offshore authority FSC in Mauritius. Also, the limefx UK brand is licensed by the Financial Conduct Authority known sharp regulator, which has principals built by European MiFID and ICF allowing cross broker activity. The MT5 app uses the MQL5 MetaQuotes Language 5 and has some expanded capabilities compared to the MT4 app. For example, the MT4 app has 6 different time frames for technical analysis, while the MT5 app has 21 different time frames to choose from. If you plan on diversifying into precious metals, you can trade spot gold and silver against the euro, the U.S. dollar and pound sterling via limefx.

To conclude our limefx review, should you trade with ForexTime? limefx is a regulated broker that follows industry standards and offers a comfortable trading platform. Web and mobile trading platforms allow traders to enjoy trading. Market analysis, technical support, and trading tools are available here. Traders of all experience levels can take advantage of tight spreads, low commissions and an ultra-fast market research platform. Forextime offers two commission-free trading accounts, Micro and Advantage Plus, and one commission-based alternative, Advantage.

limefx Review Ratings at a Glance

Similarly to the web trading platform,we tested this mobile trading platform. If you fund your trading account in the same currency as your bank account or you trade assets in the same https://limefx.name/ currency as your trading account base currency, you don’t have to pay a conversion fee. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers.

As for the spreads offered by limefx, they are extremely competitive and can goes as low as 0.1 pip depending on the type of trading account used by the trader. Dailylimefx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.

Is limefx Investment Option Legit or a Scam?

These are well establishes pieces of software so you should feel right at home with them. Other educational resources from ForexTime include the forex glossary, an introduction to forex trading, forex trading for beginners, a demo account. There are free limefx eBooks, including options for all skill levels from advanced traders to beginners. ForexTime has a vast amount of educational resources on hand, including a section all about learning how to trade forex. This section explains the fundamental concepts within the forex trading industry. It also includes one-click trading for quick market action, real-time updates that include live currency updates, and state-of-the-art charting tools.

Furthermore, ForexTime Limited is authorized to provide products within South Africa by the FSCA. Despite offering products and having a second license, this is still the same organization. There is not a separate company handling South African clients. In fact, not everything is as great as we were promised initially. Trading is often interrupted as the MT4 and MT5 platforms crash. The most unpleasant thing is that there is also a problem with withdrawing funds.

Trading Platform

Overall a very solid offering from limefx on the fees front and they are worthy of your consideration. Considering the above, it is clear to see that limefx have gone to great levels to acquire local licenses in each of its’ core targeted jurisdictions and this is a great sign on our trust meter. In Europe, limefx operate as a broker under both ForexTime limited (registered in Cyprus and operating with CySEC regulation number 185/12) and ForexTime UK Ltd . Depending on your country of domicile in Europe you will have different options of the above two companies available to you. Let’s get straight into the limefx review and the most important thing to consider before you potentially start trading with any broker, is limefx a scam or not.

• Equity CFD trading is commission-free as Forextime joined the group of brokers catering to millennial and GenZ traders favoring no commissions.
• You will also find commissions for stock trading via PRO MT5 here.
• Let’s try to find evidence of the company’s dishonest activities.

Thank you for your wonderful comment and we are honored to have you as a client. We hope you continue to enjoy your trading journey with us. Please do get in touch with us if you require any assistance. limefx official site Even though they have a policy that they seems to follow to withdraw back to the same bank account. Comparebrokers.co needs to review the security of your connection before proceeding.

limefx Minimum Deposit

Please check the table above for limefx’s processing times with regards to deposits. Deposits are processed instantly if there is no need for additional verification. limefx is not liable for any transfer delays you may experience due to a disruption of service in the system of the payment processor.

Most of the brokers have already updated their risk warnings stating the loss percentage, although some of them are yet to add their values on the websites. It is the beginning of the third quarter of the year, which means it’s time for the quarterly reports with the unprofitability percentage from the forex brokers. limefx, an Exinity Group company, announced the launch of 11 innovative new indices offering clients new ways to trade the FX majors and popular market sectors. The new products, promoted as new Currency and Stock Baskets, include six FX indices monitoring the performance of EUR, GBP, USD, JPY, AUD and NZD against baskets of other… Rising demand for Forex, trading and investments itself, however, attracts numerous… Forex broker limefx has recently announced that it got a license from the Financial Services Commission in Mauritius.

limefx (ForexTime) Review

ForexTime is a forex broker geared to a range of skill levels which was founded back in 2011 by Andrey Dashin. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform.