LimeFx broker delivers dedicated support by a professional team and a good NDD trading environment based on quality technology, also with a good range of trading instruments and low fees and spreads. The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage. The Vanuatu Financial Services Commission (VFSC) provides LimeFx with a competitive regulatory environment for international clients. EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC). The Cyprus Investor Compensation Fund (ICF) protects retail trades in the event of insolvency up to €20,000.
- Client monetary protection is another incredible feature for active trading.
- We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
- LimeFx supports many deposit and withdrawal methods, including bank wire transfers, credit and debit card payments, and various e-wallets.
- This article outlines some basic concepts of the forex market and provides you with a solid foundation for understanding its structure.
- Trade currencies, metals, energies, indices and cryptos with flexible leverage.
- At the same time, the prices are kept as competitive as possible.
The more I learned about them the more they became interesting for me. I proceeded trading’em with other brokers, but also signed up here to trade crosses only. I like that the broker offers the same leverage for majors and crosses. Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making.
LimeFx is a SCAMMER!! I complaint to their REGULATOR>
Tight floating spreads create an imbalance in the buy and sell order. LimeFx is a minimum deposit company that allows its users to use the STP/ ECN model to trade and even use scammed by limefx quotes that are directly presented by the liquidity providers. If you want to open an LimeFx trading account, you will need to leave a minimum deposit of 500 USD/EUR/GBP.
- Client trades are made on prices provided to LimeFx by the pool of liquidity providers.
- The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time.
- Whether you need some suggestions or technical advice you can get all of that from this platform.
- ECN orders routed and matched in an electronic configured network.
Investments with high risks need extra thought from your side. Data and information in their server will guide you at no commission fees. In the financial markets, currency pairs are the two different currencies traded with each other. In summary, Asia Forex Mentor emerges as the premier choice for those seeking the best forex, stock, and crypto trading course to carve a rewarding career and achieve financial prosperity. The tight floating spreads allow you to have lower trading costs as well as improve your trading results. You can even open a free demo account that users can use to dig up competitive spreads.
Demo Account
Under the LimeFx “Education & Research” tab, you’ll also find a Forex e-book and an instructional glossary. This feature suggests that LimeFx is quite content to teach rookie traders the ropes. The LimeFx trading platform has two operational companies, one allowed by the enterprise VFSC and the other by the CySEC, which works under the least-competitive regulatory environment in the world, ESMA. There are no deposit fees; however, some withdrawals are subject to internal charges, as well as third-party processing fees.
There are a few features that indicate that LimeFx is a good broker for beginning or new traders. Discussed individually below, these features include educational tools, customer support, and client monetary protection. But it’s worth mentioning here that past performance never promises a profitable future. Keeping https://limefx.name/ that in mind, you need to do proper research before selecting and investing in anyone else’s trades. I actually prefer to take control of my own trading as I like to be responsible for my decisions. It can be good to learn from mistakes and improve your trading skills by having some hands-on experience.
Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights, in the ECN XL account. Only using the currency converter can never be enough for a business. There are many websites that offer feeds on currency price data on commercial business, which are gathered from a range of reliable sources.
Platforms
In early April, I opened an account and have since had a fantastic journey. By taking advantage of their deposit bonus, I was able to double my balance. Got in here thanks to a friend saying its the best forex broker.But no, they offer so much more than just forex.The conditions, the assets, the flexibility, all here man. Apart from this amazing benefit, LimeFx comes with a loyalty program that provides a 100% bonus on your first deposit. Meaning that if you deposit a minimum of $100 then you will get a bonus of $100 as well.
LimeFx: Pioneering in ECN – STP Forex Brokerage
For further regulatory information regarding the Payment Service Providers please visit the deposit methods page. Manipulation and intervention is eliminated due to ECN efficiency and transparency, providing the fairest most equitable trading possible. Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand.
On the Corporate Account Application form, you will find areas specially designed for assigning an Authorized Representative(s), to trade, deposit or withdraw on behalf of the applicant. Opening a Corporate Trading Account is a straightforward procedure. An economic calendar is an invaluable trading tool which is often overlooked and undervalued by traders. Being ahead of the curve; knowing the timetable of economic releases by way of a calendar, is an absolutely vital aspect to support trading performance. I believe that having access to a thorough, comprehensive and detailed economic calendar, is extremely important.
LimeFx Customer Support
The most commonly searched topics include learning about fundamental and technical analysis. What’s also good about this multi-asset broker is that it comes with all kinds of analysis tools that notify you when it’s the best time to trade and keep track of the trading economy. You can open a demo account for 30 days and use it to experience the trading world without paying anything. Once the account expires, you can open yet another demo account. LimeFx broker was established by the Forex Central Clearing Corp, which is considered a FOREX group of professional marketers.
LimeFx User Experience
The broker on the one hand is suitable for beginners judging by the minimum deposit. And also leverage levels are high on almost all of the asset classes. And this platform is known for its reliability and functionality.2) In addition to platform company provides VPS service. Professionals understand why this service is needed.3) 100% bonus on first deposit is a nice addition to advantages that I have described.Yes, this broker has some disadvantages. But number of advantages is much more, which determined my choice.
MT4 is an electronic trading platform that can help you to trade in different markets. On top of all the trading options that it brings, the user experience here is amazing because of the graphical view as well as the reliability. LimeFx is a trading platform that describes itself as a broker on your side. With the same access, all of the trades made by every user are executed at the rate at which they made it, providing the best trading results.