Octa Fx Review 2021

I don’t have any issues with recommending LimeFX to traders both new and old, and I’ve seen nothing to indicate that the site is untrustworthy. It also means that LimeFX is not able to use client funds to run their business, so in essence, your funds are protected at all times. I was pleased to see that LimeFX segregates all client funds in special accounts. If you choose to open the Pro Account, the minimum deposit is $500. To create an Islamic account, you just need to check the “swap free” account when you’re registering your initial account. LimeFX also offers an Islamic account, and this account is 100% Shariah compliant.

LimeFX Forex Scam

The Pro Account runs on the MetaTrader5 trading platform, and there are no markups or commissions. This appears to be the most popular account available at LimeFX, although the minimum deposit is slightly higher. This company is located in Cyprus and exists Cash flow hedge so that the online broker was able to acquire a license in Cyprus to operate. Evolution and the new form of technologies have created the conditions for new modern form of investment, always more accessible and fast, one among all being Social Trading..

From this point of view the Forex broker can be considered a pattern. LimeFX is a well established CFD and Forex broker that has grown considerably over the past few years. Through a combination of low fees, advanced technology and efficient customer support, LimeFX has managed to expand into over 100 countries. They have opened up to 300,000 accounts and achieve $4bn in daily volume. Another important note within LimeFX Review is a range of account types through which you will access trading. Eventually, the broker offers two account types that also define trading conditions and the platform that is used for trading itself.

LimeFX Nigeria Review 2021

Generally speaking, withdrawals at LimeFX are processed within 3 hours. However, you must make your withdrawal back to the same payment method that you deposited with. In general, LimeFX offers some of the lowest spreads around – especially when compared against many of their main competitors. You should be careful to choose the account with the fees that best complement how you trade. However, I read that they are looking to expand upon their LimeFX offering, and it’s likely they’ll be offering more in the near future.

What differentiates these accounts are the spreads, commission, minimum deposit and assets available to trade, as discussed later in this review. LimeFX also has swap-free accounts for Islamic traders who cannot pay or receive interests based on swap-rates. Go for Forex and commodity brokers offering different accounts type so that your trading styles are not limited. Various account types will allow beginners to use beginner-level accounts and transit easily to other accounts after advancing their skills. Also, expert traders will have the freedom to use any account for maximum benefits. BeeOptions is a foreign exchange broker headquartered in Cyprus and provides a range of tools for online trading.

  • Our full gbe brokers vs LimeFX Review covers everything you need to know about trading using either gbe brokers or LimeFX.
  • LimeFX or Octa Markets Inc. was established in 2011 in St. Vincent and the Grenadines.
  • The live chat facility works well and can be accessed from all pages of their website.
  • After reading this LimeFX review, you will decide whether it is worth a shot or not.
  • It would be best if you were careful on this as some bonuses are aimed to entice you to strike a deal with the brokerage firm.
  • LimeFX offers a deposit bonus to non-EU clients, including a 50% bonus and 100% bonus during special offers.

LimeFX is designed for all traders; beginners and experienced, with easy to open accounts. It is authorized and regulated by top authorities in the Forex trading arena; hence is very safe and secure to use. LimeFX also provides educational research tools to guide you as you run your trades. LimeFX is recognised globally for offering the lowest spreads in the industry and prides itself on its award-winning trading conditions. LimeFX is an excellent provider of CFD and Forex trading to clients in over 100 countries.

LimeFX forex platform is registered in Saint Vincent and the Grenadines under license number IBC 2011, but its operating center is run out of Jakarta, Indonesia. 0.5% commission is paid for a perfect money deposit, but there is no commission charged for any other deposit or withdrawal method. The withdrawals generally take 1-3 hours for approval and 30 minutes for fund transfer. It’s available 24 hours a day, 5 days a week, so it’s pretty consistent with most other online brokers I’ve come across.

Pro Fx Reviews

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In conclusion, I would only say that people should avoid trading with LimeFX, there are many others you can check out. LimeFX have a head office in St. Vincent and the Grenadines. When trading in the financial markets it can be very time consuming to find a broker that meets your needs. LimeFX is an STP Forex Broker also with high standards of secure trading environment, as of the regulation it imposes. The offering to the clients is wide and even comprehensive since proposes the same if not more investment opportunities to the world trading community. For smooth trading, go for a broker with a good customer service team that can help you if a problem arises or when you need technical support.

LimeFX Forex Scam

LimeFX offers a deposit bonus to non-EU clients, including a 50% bonus and 100% bonus during special offers. Trade and win promotions are also available from time to time, where gifts include gadgets. It works well and response times are typically quicker than the vast majority of other online brokers I’ve reviewed, with the average response time averaging between two and four hours. They offer traders a wide variety of options to trade from their mobile devices, and they have their own proprietary app that is generally designed to be used for account management. If you’re looking for low spreads on the STP, then cTrader is the trading platform you’ll want to be using.

At the time of writing, they offer just 28 different currency pairs, and this is way less than the vast majority of online brokers I review. LimeFX is regulated with Cysec, so trading with them is considered safe. They have local Bank, Online transfer deposit & withdrawal option in Nigeria, without any extra fees. LimeFX offer negative balance protection to their clients. Choosing an online broker like LimeFX can be difficult.

This LimeFX Forex broker Review will help you not only find out more about the company itself but generally how to rate brokers and make them your choice of a platform. So in order to alleviate the stress of the choice-making process, let’s dive into this review and see what the broker is all about. Bitcoin is useful as it allows you to make instant, fee-free deposits and withdrawals.

Customer support via phone is available in a number of languages, including English, Indonesian, Malay, Thai, Hindi and Urdu. To get started, simply press on the chat bubble icon, enter your name and a brief description of your query and you’ll be connected with an operator in a matter of seconds. The live chat facility works well and can be accessed from all pages of their website. Withdrawals are equally as straightforward, although you will need to make sure that your free margin exceeds the withdrawal amount before proceeding.

Metatrader4

If you run out of money, it’s easy to reset your account, and this gives you the perfect opportunity to try out all three trading platforms risk-free. It takes just a couple of seconds to set up, and once active, you’ll be given a large LimeFX Forex Broker Review: Can You Trust It or Not sum of money so you can try out the trading platform without risking any of your own money. In most cases, at least an amount between 100 and 200 Euros is required, which must be chosen as the minimum deposit to the trading account.

The vast majority of these resources are available completely free of charge on their website, although they do offer some paid products too. You’ll need to provide proof of name and address, and accepted documents include driving licenses, passports and utility/phone bills. LimeFX accounts are opened immediately, which means it’ll take no more than a few minutes to get all up and running. They’re headquartered in St Vincent and the Grenadines, and the holding company that oversees the broker’s activity is called Octa Markets Ltd. In this LimeFX review, I’m going to be giving you an in-depth look at what the site has to offer.

LimeFX Forex Scam

Since its establishment in 2014, LimeFX has emerged as a top-tier player in the field of online broker. LimeFX has a highly competitive and full-featured trading site that is focused on forex, indices, metals, shares, commodities. Complementary currency LimeFX offers three different trading accounts to clients in order to meet the demands of different trading styles and requirements from traders. All of these three accounts have virtually no minimum deposit requirements.

There’s plenty of ways to make deposits and withdrawals at LimeFX. As I’ve already mentioned in this LimeFX review, there are three main account types. When it comes to investment options, LimeFX offers a fairly decent selection of assets to choose from, although their forex section could be more comprehensive.

Minimum Deposit

Meta trader 4 – A flexible and easy-to-use trusted software by traders and institutions. On top of expert advisors and technical indicators, it provides you with charting tools for price fluctuation and market trend analysis. LimeFX offers money transaction modes available to all their users, for example, Bank cards and local bank transfers for traders within countries such as India, Nigeria and Thailand. It makes no sense to use Forex and commodity brokers that do not use money transaction modes available for you. Go for the ones that offer several money transfer options and that have no commission on deposit and withdrawal. LimeFX has three account types that are normally determined by the trading platform used.

Basically, all you need to do to start trading forex is to open an account and download and install trading platform or sign in to the MT4 or cTrader web based terminal. Demo account allows you to practice risk free, while with a real account you will be able to experience real market with minimum deposit as low as 25 USD. Traders have received $2,847,729 in bonus funds so far. Low spreads allow you to earn 25% more than at other Forex brokers. Enjoy features such as 0% commissions, 50% deposit bonus, and loyalty program.

Octa Fx Review 2021:rating, Leverage, Deposit, Scam Or Legit Broker?

Cryptocurrencies are available on the Micro and Pro accounts but not on the ECN account. This review will be updated accordingly if and when this happens. With cTrader, you can also set up to 28 different chart timeframes, and I like how you’re able to save these charts as templates. For example, you’ll find yourself able to access the FIX API. I do like the added functionality of MetaTrader5, and there are plenty more options when it comes to setting up your own trading bots and algorithms. The biggest part of their educational offering is their videos.

LimeFX has become a popular choice with traders thanks to the fact that they’re a straight through processing ECN broker. The site boasts low fees, state-of-the-art technology and one of the most efficient customer support portals around. The final trading cost to consider at LimeFX is the swap rate charged on positions held overnight. LimeFX has headquarters in Saint Vincent and Grenadines and United Kingdom. They are generally well-suited for LimeFX to provide their Forex/CFD trading services to global clients.

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