I like LimeFx because it provides transparent trading conditions for me and I don’t have to worry about money disappearing all of a sudden. My broker has also good technical knowledge, perfect order execution, spreads are not too tight, in general I am satisfied with all aspects. I’ve just started trade with LimeFx and have a plan to get a real account in couple weeks. I’m newbie in trading, but have a profitable trading via demo account.
- LimeFx shows clients how to obtain the most up-to-date rates, a step many brokers omit.
- Being an offshore zone St. Vincent & the Grenadines does not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there.
- LimeFx offers beginner traders a sound educational offering from where traders can expand.
- LimeFx advertises free VPS, supporting automated trading solutions.
- I noticed many traders complain about absence of accounts choice, nevertheless, I just want to note that surplus of them isn’t welcomed.
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 deposits remain segregated from corporate funds at both entities with leading international banks, but LimeFx does not list them. Clients can find the provision in the Investment Services General Conditions PDF. LimeFx has a clean regulatory track record and established itself as a secure and trustworthy broker. This broker is quite experienced and has all the necessary documents that confirm its legality.
The spreads offered by LimeFx are incredibly tight, which means that I am able to enter and exit trades with minimal slippage. This has been a game-changer for my trading, as I am able to maximize my profits. Another thing that I really appreciate about LimeFx is their dedication to providing a safe and secure trading environment. All trades are executed quickly and accurately, and their customer support team is always available to assist with any questions or concerns. Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market. I appreciate the support team of the LimeFx broker for the help I get here in terms of conversations and questions that I ask about different issues.
LimeFx supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. LimeFx transparently provides all necessary information on its website.
You get free access to the MT4 trading platforms along with educational materials and useful trading tools to enhance your trading experience further. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You limefx courses scam should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The broker operates using the STP/ECN execution model, which offers access to the interbank markets. “ECN” stands for “electronic communications network” and “STP” stands for “straight through processing”.
- The minimum contract size is 1 of the respective token, for example, 1 BTC.
- I am calm because they are unlikely to go broke at the same time.
- LimeFx offers traders the core MT4 trading platform without third-party upgrades.
- LimeFx provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY.
I explored all documents first and then got down to researching various “educational” articles. They seem to me quite helpful as due to them you start feeling the market and almost imagine how a perfect trading strategy should look like. I like a lot of stuff about LimeFx, including their speed in order execution. I have working with LimeFx for more than a week and I think that it a decent solutions for scalpers and any type of intraday traders.The spreads is quite competitive.
Tight spreads and favorable trading conditions are not mere marketing cliches when it comes to LimeFx. Overall, LimeFx is a multi-asset brokerage firm that gives you access to trade over 200 financial instruments via the popular MT4 trading platform. You can benefit from a range of competitive trading conditions, such as low spreads from 0.0 pips, zero commission fees and reliable execution speeds.
Does the broker have hidden commissions on trades?
Manipulation and intervention is eliminated due to ECN efficiency and transparency, providing the fairest most equitable trading possible.
How much time will it take to withdraw money via bank transfer?
We do not present any investment advice or guarantees for the accuracy and reliability of the information. Also, always consider LimeFx rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately. However, trading with ECN XL Account broker promises no swap charges, making you an easy calculation and great benefit too. Traders have access to numerous deposit and withdrawal options at LimeFx.
The company is known for its customer-centric approach by delivering competitive pricing with the most favorable trading conditions. We are committed to our clients’ success, by delivering competitive pricing, via the fairest and most transparent order process in the retail forex trading market. ECN XL, also known as the ZERO account is one of the most cost effective trading accounts. To provide the most customer centric proposition in the industry. LimeFx’s main objective is to empower its clients with all the tools they require, to develop their skills, whilst enjoying an unrivalled trading experience, during every step of their journey. MetaTrader 4 is one of the most popular forex trading platforms in
the world today.
LimeFx provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY. While each analysis is brief, it features all required information for traders to take a position. It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts.
LimeFx Deposits & Withdrawals
Being an offshore zone St. Vincent & the Grenadines does not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there. However, since LimeFx is additionally authorized by the European regulator it is considered to be safe to trade with them. Quotes remain sourced from multiple liquidity providers and matched https://limefx.vip/ for the best possible execution. 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. Your trading opportunities and potential success is automatically enhanced by using our straight through processing order fulfilment, in an ECN (electronic communication network) environment.
Who Is LimeFx Recommended For?
If you have any questions about our products or services, or you’d like help opening an account, please feel free to get in touch with us. This was recognized by the experts at MasterForex-V, who awarded Daily LimeFx Trades the title of Most Trusted Binary Options Broker. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
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The platform is available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects, and charting tools. As the majority of Forex brokers, LimeFx also offers to use leverage, a powerful tool to increase the potential of gains through its possibility to multiple initial accounts balance. However, leverage should be used smartly as it increases the power of losses as well. Also, LimeFx is a member of the Investor Compensation Fund, which secures the claims of covered clients against a company in case of its insolvency. LimeFx offers traders the core MT4 trading platform without third-party upgrades.
Yes, LimeFx, just like any other broker has services that can be improved. But the most important thing for me is that the disadvantages of this broker are minor, and I can make a profit. You will need to complete the online registration form before submitting your ID documents for verification. You will then be able to set up your login details and download the MT4 platform. Other helpful features include a glossary of terms, an economic calendar and forex news. However, the majority of withdrawals take up to give working days to clear, apart from Skrill and Neteller which are processed in real-time.
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