LimeFx broker reviews: LimeFx Verified Reviews from Actual Clients

LimeFx broker reviews
LimeFx broker reviews

One of the reasons traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. Clients of LimeFx can make deposits and withdraw funds using bank transfers, Visa, Mastercard, and Trustly. Deposits are free, but there may be a fee for withdrawals by bank transfer, depending on the currency used. Deposits and withdrawals are processed fast, better than average for the industry.

Besides, there are numerous account base currencies that you can denominate your account including USD, EUR, GBP, AUD, JPY, RUB, BTC, etc. making your payments easier process. European regulator set a limitation towards maximum offered leverage levels, as ESMA recognized a potential risk in case very high leverage is used. Professionals, once the status is confirmed may gain higher leverage levels, while all traders are definitely advised to learn more about leverage use and how to use its potential to the best of. Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. You should consider whether you can afford to take the risk of losing your money.

There are 4 LimeFx account types offered by the broker in addition to the demo accounts to make a total of 5 options available for accounts to be chosen with LimeFx. I have been using this broker from 2 years and they provide the Automatic withdrawals facility with the Bitcoins so i can get my funds very fast. As i am trading using their ECN account the spreads remain on the interbank rates so the trading also becomes easy and profitable with them. LimeFx offers a $10 no deposit bonus for the STP account, and a $1 welcome bonus for the Micro account. The ForexCup, a demo account competition, is offered; real cash awards are credited to trader accounts. Demo accounts are available if you wish to practice your trading on different platforms before opening a real account.

LimeFx also provides PAMM accounts, which allow clients to replicate the tactics of other traders . The master trades their own funds using the PAMM, and the PAMM technology allows the trading activity to be reproduced on the followers’ accounts. Funds are assigned to a PAMM and separated such that they cannot be utilised for any other purpose than the PAMM.

You can find trading conditions of this broker such as spreads, account types, leverage in this review. This is probably one of my top features about this broker for beginners. However, if you are new to trading, then you might want to take a look at ActivTrades as they provide comprehensive market analysis and one on one training. LimeFx distinguishes itself with low trading costs and advanced platforms and tools. For example, a free virtual private server offers increased stability for traders who need their trading platform to be kept on permanently for automated trading strategies.

LimeFx broker reviews

LimeFx offers 31, which helped contribute to the broker ranking #61 out of 62 brokers overall in this category. The company also offers Forex partnership programs to traders, Forex brokers, and website owners who publish information about fiat and crypto-currency trading. There are 3 types of partnership levels, including Forex IB that attracts new clients to LimeFx using a referral link, Forex Rebate, and individual partnership conditions. LimeFx is an institutional and forex broker that offers trading services online. It began its dealing services in 2005 and later became among the leaders in the forex industry. The broker is known to stand out from the pack because of its top-notch service through innovative technologies, ideal trading conditions, and a variety of financial services.

LimeFx Deposit And Withdrawal Methods

Some consider it reliable, while others still dispute this fact. Therefore, traders must exercise caution when dealing with LimeFx and assess their services before investing any money in the platform. LimeFx offers several deposit preferences in various trading account currencies such as EUR, USD, and GBP.

LimeFx broker reviews

However, they do not quite compete with the likes of Swissquote who have over 3,000,000 instruments available. That being said, if you are planning on trading forex, they do have a great selection of major, minor and exotic currency pairs. And when it comes to withdrawals, its quite important for the trader to know it’s easy for them to withdraw money anytime they need and that the means are fast and reliable. The STP trading account has the benefits of ECN real market execution with a starting deposit of just $10, compared to $100 on the LimeFx ECN account. There is no commission charged on this account type although spreads will tend to be higher.

I found this useful especially if you wish to keep expert advisors running and want to access your MT4 platform remotely from anywhere in the world with an internet connection. I have my own VPS that cost around $30 per month and is great for remotely running trading robots on multiple platforms at the same time. You can use the commission calculator to get instant commission calculations per half-turn or per round-turn for any FX currency pair or metal. You can specify the lot size you want to work out the commission for and click individual currency pairs for the detailed formulas behind the calculations. The web trader has a very user-friendly interface and quick learning curve. You can easily open and close trades, set stop and entry levels, place and edit stop and limit orders, stop loss and take profit and more.

Well LimeFx is a well known and respected broker..

Keep in mind that when trading stock CFDs, you speculate on the price of a stock without actually taking ownership of the underlying company. Advanced tools, such as level 2 data, heatmaps, and strategy backtesting. A stop-loss order that can be set at a defined percentage or dollar amount away from an instrument’s current market price.

LimeFx broker reviews

All the required information is to be found on the contact page where you can chat live with customer support 24/5 any time you feel like it. Both UK’s FCA and Australia’s ASIC require brokers to must keep client funds in segregated accounts, separate from the companies operating funds. We would also like to stress that our offer still stands – commission free account for 6 months and reimbursement of all deposit related fees conversion fees included . In your case, we have also offered you a deposit bonus and a commission-free account as a sign of good will. I equated this with bribery and said I didn’t want to deal with brokers who convert monetary transactions of clients into an income stream. Needless to say I was charged 20€ for the withdrawal, fortunately I was able to cover all the expenses LimeFx caused with some profits I made trading.

Low spreads and High Liquidity Broker

So far, I haven’t seen anything wrong with that company, so trading with them hasn’t had any problems, and I’ll give some examples of that. Traders interested in the bonus programs should read the terms and conditions carefully. The One-Click Trading and Level2 plugin displays five levels of market depth. The Financial Commission, based in Hong Kong, provides primary oversight. Positions on this platform are closing without reaching the SL point, and manager explaining this by sending some pic .

  • We judged that the UK, EU, and Australian entities are relatively safe to trade with due to the protections guaranteed by the FCA, CySEC, and ASIC.
  • 4 trading accounts are offered in addition to demo accounts that offer a chance for risk-free trading and testing techniques before actual trading.
  • This article outlines some basic concepts of the forex market and provides you with a solid foundation for understanding its structure.
  • The FSCS protects LimeFxs of up to £85,000 if a firm becomes insolvent.
  • I can see the income i am getting from my trades is good with them.

This is because they connect traders directly to liquidity providers. They have in the brokerage business for over 12 years and have expanded to different countries. They offer traders the opportunity to open accounts with affordable deposits through a wide range of deposit methods.

Conclusion: LimeFx Review

LimeFx’s Affiliate Program is one of the most attractive affiliate programs. Not only that, but LimeFx has an excellent customer support and a wide range of resources to help affiliates promote LimeFx services and increase their earnings. With its user-friendly policies and comprehensive features, LimeFx’s Affiliate Program is worth taking a closer look at for anyone wanting to earn commissions in the Forex market. LimeFx is quickly becoming one of the most popular Forex trading platforms, and it’s easy to see why.

In addition, ECN trading is a good choice for experienced traders and those who prefer technical or programmed trading as a major strategy. It has a great array of tools and features, allowing you to easily carry out your research and execute your trades as needed. You also have access to the MetaTrader 4 mobile app for both Android and iOS devices. You even have automated trading as part of this offering and a wide range of technical indicators if you are using a Micro or STP account to trade. This is because a slightly different variants of the MetaTrader 4 platform is used for these types of accounts. You now also have the ability to use the MetaTrader 5 platform, which has a number of upgrades in comparison with the previous MetaTrader version.

Forex Brokers We Recommend

For example, for wire transfers, there is no maximum deposit limit; for cards, it’s 15,000 , while 10,000-20,000 is the limit for e-wallets. Premium features like virtual prepaid cards offer added convenience for new clients looking to make a deposit. Withdrawals limefx website are typically quicker – bank wire transfers take 1-3 business days, and card payments 2-5 working days. C) Electronic Payment gateways are also accepted for deposits and withdrawals in LimeFx. The acceptable payment gateways are WebMoney, Neteller and Skrill.

A commission of 1% is charged on both deposits and withdrawals using these payment gateways. B) Credit and Debit cards are the fastest ways of funding an LimeFx customer https://limefx.biz/ account. Some of them are Visa card, Master card, Maestro, Laser, Visa Electron etc. The processing time is instant and there are no commissions charged.

When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account. LimeFx INT is one of the world’s leading and fastest growing Forex brokers. We offer our customers attractive trading conditions, fast and error-free order execution and the industry’s most advanced and innovative technological solutions. Platforms are where you trade, so they must be secure, fast, and accessible while offering you the tools you need to succeed. Each broker’s desktop, web, and mobile platforms are evaluated according to the order types, speed of execution, ease of use, and other ‘need to know’ features. With tight spreads and low commissions, we judged that trading costs are competitive at LimeFx.

LimeFx UK is located at 80 Coleman Street, London, EC2R 5BJ, United Kingdom. The company has over ten years experience in the brokerage business with several awards to show for it. Let us plunge into a detailed examination of this broker in order to determine their reliability. The STP account has tighter spreads, fluctuating depending on how much liquidity there is at the market at that given moment in time. These offer competitive spreads usually and there is no commission that you will have to deal with. The minimum required deposit is only £10, so it is an ideal entry point for beginner traders.

ECG Pte Ltd () is an independent publisher and comparison service, not an LimeFx or financial advisor. Its articles, interactive tools, and other content are provided to you for free, as self-help tools and for informational purposes only. They are not intended to provide LimeFx or financial advice. Dumblittleman does not and cannot guarantee the accuracy limefx or applicability of any information in regard to your individual circumstances. Examples are hypothetical, and we encourage you to seek personalized advice from qualified professionals regarding specific LimeFx or financial issues. Our estimates are based on past market performance, and past performance is not a guarantee of future performance.

MT5 platform gives you even more improvement over the MT4 trading platform. This platform provides you with many more technical indicators compared to that MT4. Also has a more improved language for automated trading called MQL5. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money.

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