The methods include Card payments, Bank Wire Transfers, Neteller, Skrill, Neosurf, SOfort, Rapid, paysafecard, Neosurf, Yandex, Boleta, UnionPay and much more. Yes, LimeFx gives traders access to major cryptocurrencies like Bitcoin, Litecion, and Ethereum available on a CFD basis. Yet note, that instruments may vary depending on the jurisdiction. LimeFx is not a scam, it is a regulated broker holding European license ensuring trading safety and client protection, as well as negative balance protection in case of insolvency. Ready to assist you in every step of your trading experience, 24h multilingual customer support with Dedicated Account Managers.
Whether your new or an experienced trader, a risk-free demo account is a great way to experience the benefits of ECN trading with LimeFx. You can practice your forex trading skills or test new strategies without making a financial commitment. On the other hand, if you already have some experience then I don’t think you will learn anything new. The broker also does not conduct seminars, webinars or podcasts.
Live spreads average at 0.2 pips for EUR/USD and around 1.0 pip for GBP/USD. LimeFx has a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver. I noticed many traders complain about absence of accounts choice, nevertheless, I just want to note that surplus of them isn’t welcomed. Brokers require tons of resources to create accounts diversification.
- In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements.
- In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4.
- I always recommend that traders check them before evaluating the total trading costs.
- Using
MQL4 you can build-up your own library of custom indicators, scripts and
function database.
Having high levels of experience and knowledge, we are ideally placed to understand our clients needs and to support traders in achieving their ambitions and investment goals. By providing a unique suite of resources, a VIP level of services, combined with world-class support 24/5, our low cost trading environment provides the ideal base to succeed. LimeFx is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets. This broker has a lot to offer its traders, including optimal conditions, educational tools, and the use of the MetaTrader 4 platform. LimeFx provides competitive forex spreads and transparent pricing, and this No Dealing Desk broker also allows any type of trade strategy (a feature that is discussed a few sections below). Clients have access to the full suite of the out-of-the-box MT4 trading platform.
Here let’s have a look at some alternative brokers that we reviewed. While an LimeFx no deposit bonus does not exist, LimeFx offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. LimeFx occasionally introduces other bonuses and promotions, which have included a $50 LimeFx no deposit bonus or annual interest on free margin. The broker also provides you with copy trading via Multi-Account Management (MAM).
There is also access to market, pending and stop orders, plus embedded tick charts for accurate analysis. In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4. LimeFx follows an ECN/STP model, offering competitive trade execution and prices, with no intervention or re-quotes. Clients can trade on forex, cryptocurrencies, indices, metals and precious metals on the popular MT4 terminal. Trade currencies, metals, energies, indices and cryptos with flexible leverage.
Compare Trading Instruments
The broker doesn’t take the other side of trades, which differentiates it from Dealing Desk brokers. Client orders, stops, limits, and trades are executed with counter-parties, meaning LimeFx is firmly on the client’s side. In addition, LimeFx is a member of the Investor Compensation Fund (ICF) which insures clients in the event of insolvency. User funds are also segregated limefx courses scam in separate bank accounts at leading international banks so your money is safe from scammers. I think it’s a trustworthy broker from what I understand in the forex industry. The simple fact that LimeFx has been providing its services since 2010 continually tells a lot about the credibility of the company.I used to pay attention to the background of any entity first.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
Firstly, the broker has licenses and permits, and has been working steadily, without any particular shocks for about 12 years in the market. The broker began its work at a time when retail traders had only Forex and no stocks. LimeFx now offers trading in currency pairs, commodities, indices and cryptocurrencies. Perhaps because trading CFDs is not the same as trading the stocks themselves, it is much more risky. But what this broker has is debugged in work, like the most accurate mechanism.
How much time will it take to withdraw money via bank transfer?
I was attracted by low margin requirements, high leverage and tight floating spreads. Together with the NDD/ECN executions, the broker’s offer is far above the middle range of the industry. Some traders might not like the light level of regulation, but the trading conditions speak for themselves.
Trustworthy, Transparent and Fair
There is a nice selection of forex eBooks, providing guidance and understanding of the key trading concepts. A great amount of thought was applied into the forex education centre in order to ensure it can help to make a difference and enhance your knowledge of the markets. I know from experience that any company that provides some services always describes them as better than they really are. That’s what I thought about LimeFx when I saw information about trading conditions and services on broker’s official website. As it turned out, all conditions and services work almost as described.
The service provider is BeeksFX, but LimeFx clients must have a minimum account balance of $2,500 and a monthly trading volume of 30 standard lots. Each and every trade clients place https://limefx.club/ is matched in an electronic configured network (ECN), through a straight through processing (STP) method. LimeFx does not operate a dealing desk, or make a market in forex.
I have working with LimeFx for more than…
LimeFx also offers extended security algorithms using public-key cryptography, which should help keep scammers at bay. LimeFx offers 24/5 multilingual customer support via telephone, email or live chat. The latter can be accessed by clicking on the chat logo in the bottom right-hand corner of the website. This makes LimeFx a low-cost trading brokerage when compared to alternatives.
LimeFx offers trading on forex, indices, cryptos, energies and metals on the trusted MetaTrader 4 (MT4) platform. In this 2023 broker review, we log in to the Traders Hub to explore minimum deposits, regulations, leverage and demo accounts. Read on for the pros and cons of signing up for an LimeFx trading account. For a final thought, we see LimeFx as a company that gives an opportunity to engage in trading with the STP/ ECN model and quotes provided directly by the liquidity providers.
STARTER
The LimeFx MetaTrader 4 Broker software
transmits information to and from the markets on 128-bit encrypted connections. In addition to this,
LimeFx also offers the possibility to use the extended security algorithms of
Public Key Cryptography. Information secured in this fashion is virtually
impossible to hack in any short amount of time.
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