Although, most likely, the reason for this is the regulators that do not allow you to raise it. In addition, the broker has many additional trading tools, indicators, and an economic calendar! I have been choosing a broker for a very long time.
In this review I want to clarify some traders the essence of having several trading platforms. The company seems like it didn’t want to invest in its educational resources at all, as you can get better training from most well-known forex brokers today. There’s no shortage of solid trading platforms with LimeFX. The company offers https://limefx.vip/ 4 options, namely, MetaTrader 4, MetaTrader 5, cTrader, and LimeFX Edge, all of which are very good platforms in their own way. As any top broker with hundreds of thousands of clients, LimeFX offers a bundle of account types suitable for all kinds of traders. Let’s take a look at the account types and their characteristics.
LimeFX Customer Support
I signed up for fixed spread account looking at their site. When I logged into account in MT4, the quotes displayed were different. Spoke to customer service, and their answer was in situation of low liquidity, spreads are subjected to change. Each analysis under the Market Snapshots section is rather quick, and traders who were looking for a more detailed analysis will be disappointed.
- To conclude, cTrader has many of the advanced features of MetaTrader within what we judged to be a better designed and more user-friendly interface.
- An account that lets you trade with no commissions on the world’s most popular trading platform sounds pretty good, right?
- Specially for this, I also opted for their VPS server.
- The broker’s Youtube channel provides good webinars in multiple languages but it gets updated very rarely.
- Once you have downloaded the MT4 mobile trading platform, you should be able to access the relevant LimeFX server, e.g.
Being able to place a trade with a single click saves time and is especially useful for short term traders. Overall, we rated Edge as a great platform that is suitable for beginners and can cater to the needs of most traders. In our trust category, we place most importance on how a broker is regulated. In this limefx scam section we’ll cover how the different entities of LimeFX across the globe are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust. When choosing a broker, trustworthiness is one of the most important things to keep in mind.
A well-regulated broker, LimeFX ensures that all Anti-Money Laundering rules and regulations are followed, and as such, all non-profit withdrawals are returned to the deposit source. The MT4 Instant Account is similar to the MT4 Account, except that it employs instant execution. Fees are included in the spread, which average at 1.84 pips on the EUR/USD, and trading is offered in micro-lots. To make this come true each of the traders who want to have such an account needs to register with the broker.
What is the minimum deposit on LimeFX?
LimeFX is known to cover most of the Forex markets making it suitable for different trade requirements. Actually, I got used to meet typical brokers which offer the same, while I found an interesting feature provided by LimeFX broker, which I have never seen before. It simplifies the process of funding and withdrawals of money, you can transfer the money between accounts and stay secured.
LimeFX accepts customers from all over the world.There are a few exceptions though; among others, you can’t open an account from the USA, Canada or Israel. For a tailored recommendation, check out our broker finder tool. Answer a few simple questions and get a list of the most relevant brokers.
Offers online Forex trading services and news for brokers and currency trading professionals as well as demos to help beginners learn Forex trading. Excellent and competitive spreads, the availability of multiple trading platforms, the regulations and awards, the free education… are but a few things in which fx pro excels. From my five years of trading with Fx, I have no complaints.
Excellent broker for those who like the cool trading solution
Each time I tried, to contact, them they redirected me.Fortunately, I read reviews, of a true, recovery expect that got me my money, back. “” simply send, them a message on this website . I assure you your funds will be recovered in due time after you visit there websit…. I strongly believe that broker is a cornerstone of every success story. I have encountered some bad forex brokers in my life, and you just can’t achieve anything with such companies.
It is regulated by the Financial Conduct Authority , Cyprus Securities and Exchange Commission , Financial Sector Conduct Authority , and Securities Commission of the Bahamas . LimeFX also offers negative balance protection, making it a highly trustworthy and reliable FX broker. In fact, in 2017, LimeFX was voted as UK’s most trusted Forex broker by Global Brands Magazines. LimeFX is a broker of wide choice for traders in the scope of different methods, platforms and account types. The execution mode is true ECN, the connection speed is ultrafast.
We use over 50,000 data points and a consistent, fact-based methodology. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, CFDs or crypto. On the LimeFX official website, you will see at the top, an option that says ‘Tools’ and under that ‘Trading Tools.’ That is where you will find the education section. LimeFX education provides you with access to online courses for beginners and advanced traders.
- Metatrader 4 comes with a large number of built-in technical indicators, including trend indicators, oscillators, Williams’ indicators.
- Advanced charting with 30 indicators for technical analysis.
- Once I tried the LimeFX demo account and stayed.
- The brokerage also provides negative balance protection, which means that your account balance can not drop below zero.
- LimeFX provides good news & research but lacks depth in some areas, which means it can’t compete with some high-level brokers like IG and LimeFX.
- Unlike most brokers, LimeFX does not charge commission for certain assets.
LimeFX is upfront and transparent on all trading costs involved; swap rates, positive as well as negative also apply and are passed on to traders. There is no question that the regulation offered by LimeFX is respectable and should provide a solid sense of security for traders worldwide. LimeFX traders also enjoy negative balance protection in case leveraged positions are exposed to natural market events which would otherwise result in a negative balance.
Resources Offered by LimeFX
It is important to choose a good trading platform. True, at first you may be confused in your choice. I do really understand when there is a strong desire to try all the opportunities that the broker can give. Now speaking of mt5 and ctrader, they are really different and it hard to tell which one is better. Ctrader has certain functions that mt5 doesn’t have and visa versa. I believe that as the broker provides you with such an opportunity, you should definetely use it and try ctrader.
Founded in 2006, LimeFX has established a reputation as a global Forex broker that is here to stay. The brokerage had remarkable success and now serves retail traders as well as institutional clients from over 170 countries. LimeFX is a well-regulated company with licenses from five different regulators and continues to grow.
Users can self-assess by taking up these online tests to gauge their progress. Each platform has its own highlights, which the traders can make use of for their trading requirements. For instance, when a trader is looking for no restrictions on stop loss or limit order levels, they can opt for cTrader. The margin requirement is a variable element with most brokers. That said, LimeFX regularly updates the margin requirement on their official website. Traders can also calculate the requirements using the LimeFX calculator by choosing the leverage, currency pair, trade size, and account currency.
Account Types and Terms
On average, the number of requites ranges from 1% to 20% of the total number of orders. There are practically none of them in a calm market; there are more than enough of them on the news. Market Execution is an execution method in which orders are opened at the current market price. By the way, you can also register a VPS and automate your trading.
LimeFX offers several great trading platforms for customers to choose from. I know this because I’ve tried every one of them myself. I thought it would help me make choice, but it only made it more difficult.
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