LimeFx Review 2023: Is LimeFx the Best Broker for You?

LimeFx forex brokers reviews
LimeFx forex brokers reviews

The cashback is added to your commission account which is opened automatically. I am trading with LimeFx for the last 4 years limefx scammers without any problems. I get my profit withdrawals on time and the main advantage that i have with them is VPS Service.

They are physical products typically traded on a trading platform. Commodities come with different risks and benefits, but they have one thing in common – they all have a physical counterpart. Investors trade in commodities such as crude oil, gold, coffee, and copper. Unlike other assets, commodities can be traded 24 hours a day and used as an alternative LimeFx to currencies and stocks.

User Reviews for LimeFx

I withdraw to Webmoney and the money is in my wallet within an hour. LimeFx is a licensed broker, I trade in the English division, here you can also use Skrill or Webmoney for deposit and withdrawal. The conditions of the licensed and offshore divisions are not different, everything is the same. A broker with an impeccable reputation offers affordable trading, innovative platforms, passive income in the system of PAMM-accounts, etc. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

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The contents of the site do not constitute financial advice and are provided solely for informational purposes without taking into account your personal objectives, financial situation or needs. Is a software development and integration company and does not provide financial, exchange, LimeFx or consulting services. lime fx The traders can access pool of interbank liquidity under STP model in Market Execution format. Trend Following System’s goal is to share as many Forex trading systems, strategies as possible to the retail traders so that you can make real money. I have been actively trading the financial markets since April 2012.

A stock is a security that represents partial ownership of a corporation. Keep in mind that when trading stock CFDs, you speculate on the price of a stock without actually taking ownership of the underlying company. A currency pair combines two different currencies, with the value of one currency quoted against the other. For example, EUR/USD, which reflects the value of the euro measured in dollars. Algorithmic trading strategies and custom EAs can be deployed via the platform. The trading alert system allows you to customize alerts and choose how they are received.

Typical Spread on Majors

The STP account is a type of account that allows a person to set up an unlimited number of sub-accounts, where the funds in one account can be transferred to another account. The benefits of using this type of account are usually two-fold. The first is the ability to generate interest on your money without being limited by your time frame for investing or withdrawing funds. The second benefit is the ability to have more control over your LimeFxs because you can decide how much money goes into each sub-account and what percentage it gets.

Starting his career in finance on the floor of the Chicago Mercantile Exchange, Dan later gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan also traded at a couple of different prop trading firms in Chicago. LimeFx offers a Micro account from a minimum deposit of $1, while a $10 STP bonus is equally available.

How does LimeFx work?

LimeFx is a true ECN broker, where trades are matched with the best available price on the Electronic Communication Network (ECN). With tight variable spreads, low commissions and an NDD model, we want all our clients to be profitable traders so there is no conflict of interest.

Trades take place in a reliable software product that has long been verified by millions of traders – MetaTrader 4. Available free mobile platform MT4 , tablet owners (Android 1.6 and above) is waiting for the author’s development of LimeFx Trader. The broker also offers automatic trading of robotsin ZuluTrade and MyFXbook terminals, which have an impeccable reputation on the part of traders. They will allow a simple market player to become a professional investor, easily monitor the status of their account.

LimeFx has some of the best spreads on the market with no hidden costs like the others. They have been very professional and the spreads are the lowest in the market. I opened an ECN account mainly to trade EURUSD, AUDUSD, GBPUSD and XAUUSD. Forex market analytics, https://limefx.name/ news, calendar, commission calculator, history of exchange rates, etc. LimeFx, with its extensive global reach, wide range of services, strong growth and experienced team of professionals, is your best traveling partner along the road to success.

Regulation LimeFx

Also during my trading I have never encountered any requotes. This broker is very professional and all my trades are executed smoothly and without problems. In the network, you can find negative comments, which mainly relate to the lack of communication with the company, long withdrawal of funds, frequent disruptions of terminals, etc.

When trading forex and CFDs, it is crucial to know a broker’s strengths and weaknesses. That is why FX Empire developed its proprietary rating system. We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated.

  • Using this tool, you can also modify your position size and the stop-loss and take-profit levels.
  • LimeFx is an award-winning and multi-regulated broker offering a great selection of trading instruments including Forex, Cryptos, Stocks and Commodities.
  • In addition, the company offers support through live chat, phone and email, making it easier for customers to get in touch when they need assistance.
  • LimeFx Muslin traders also have the choice of an Islamic Swap Free account.

LimeFx provides clients with numerous funding options for instant deposits and fast withdrawals which include bank transfers, credit cards, and some electronic wallets. The financial commission is reasonable as per industry standards. The financial instruments provided on LimeFx while you are trading are top-notch in comparison to many trading platforms and mobile platforms. LimeFx offers a range of withdrawal options, including bank wire transfers, credit/debit cards, e-wallets, and cryptocurrencies. They have developed this widespread trading platform with two formats; Desktop and Web-based.

LimeFx fees details

The execution from your trading account will be super fast- be it a bank transfer, forex market trading, auto trading, mobile trading, secondary currency pairs trading, and more. A good reputation encourages traders to trade on the platform happily. Trade forex and other products to make profits in the future.

Is LimeFx a good broker?

Overall LimeFx is a trustworthy and low-risk broker with an overall rating of 7 out of 10. LimeFx is authorized and regulated by ASIC and offers leverage up to 1:500. LimeFx has a minimum deposit requirement of only $1 /R14.

This week they reduced the commission by half on the new crypto account and the leverage is now 1 to 10. In general, good conditions for currencies as well, even in conditions of increased volatility — the execution is excellent. Due to the fact that LimeFx is regulated by ASIC, they are not limited in terms of their offerings to Australian traders. However, the actual trading products on offer are slightly limited and do not offer as wide a selection that you’ll find at other top online brokers. The broker is known for offering tighter spreads from 0.0 pips on major currency pairs like EUR/USD and USD/JPY.

You can search and filter for signal providers based on your requirements. When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account. Interestingly, back in 2009, LimeFx were amongst the first brokers to offer clients direct access to interbank liquidity with ECN trading through MT4.

LimeFx is a Reliable Forex Broker as i am trading with them since 5 Years with good amount of profits. Best Forex Broker in the ECN Segment with Fast Inter bank Spreads which is why i am doing my trading with them. LimeFx is very Good and Reliable Forex Broker which offers True ECN Trading Technology.

What is the minimum deposit for LimeFx?

LimeFx Forex Micro accounts are denominated in US cents. These accounts stand out for the minimal initial deposit ($1 only), small transaction size and low margin requirements.

Deposits and withdrawals are processed fast, better than average for the industry. With its ECN model of order execution and narrow spreads, LimeFx is suitable for day traders and scalpers. The available platforms and tools also make it a good choice for algorithmic traders. Traders have a choice between a commission-free STP account or the competitive ECN account. The lowest identified spread in the STP version was 1.1 pips. The ECN alternative features a spread as low as 0.1 pips with a commission of merely $1.50 per lot.

LimeFx UK clients have protection from the Financial Services Compensation Scheme . This is a compensation fund to protect eligible clients for up to £50,000 in the event LimeFx UK cannot return money due to bankruptcy or something else. After doing some digging I found out that there is a long list of terms and conditions in order to be eligible for this compensation fund. An index is a basket of trading instruments used to gauge a market sector, stocks within an exchange, or a country’s economy. MetaTrader 4 allows users to develop, test, and apply Expert Advisors . EAs are programs that monitor and trade markets using algorithms.

LimeFx forex brokers reviews

It is our mission to provide excellent trading conditions, along with technical innovations, fairness and transparency to enable and empower our clients. This broker is whooping good in services, the reason i am stating this is that i have been using them more than a decade almost, i use their ECN service because of the tightest spread. Flexibility with the payment methods for deposit.Further that i am also using their PAMM service, some are quite old so i take advantage. I have reached out to Customer Support who advised they have been in contact with you regarding your withdrawal request and have confirmed the request was processed on the same day from our side. Our processing partner has also confirmed it was a successful refund and should be reaching your bank soon. According to the recent withdrawal experience of our clients from South Africa at LimeFx International, it can take up to to 2 weeks to receive funds.

Where is LimeFx located?

LimeFx Ltd, based in London, is regulated by the Financial Conduct Authority (FCA no. 579202) in the United Kingdom since March 2013.

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