I have got to say, that the set of instruments they have available for traders to deal in has to go up by a certain amount. What I am seeing is a reliable broker, a good infrastructure and platform with less assets than it deserves. I appreciate LimeFx has metatrader 4 as their main trading platform.
- LimeFx broker is not a dealing desk broker, and online trading of a financial instrument on mobile devices can be done.
- A copy of the ID and one proof of residency documents usually satisfies this final step.
- It’s a good broker for intraday trading because trading conditions allow to earn on every move.
- LimeFx affiliate program scheme is said to be one of the most competitive in the forex industry and allows the advertiser to earn.
- ECG Pte Ltd () is an independent publisher and comparison service, not an investment or financial advisor.
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. LimeFx blog providing me with wonderful analytics on various markets and instruments. It always keep my mind full with fresh trading ideas that is implementing later in some ways or another ways.
What type of broker is LimeFx?
These articles offer an invaluable education for the customers who are just starting to invest their money in forex trading. They also help a veteran trader to get accustomed to something new. Companies often charge deposit fees to finance their trading activities and also as a means of making money. The main purpose of these fees is to ensure that no traders can withdraw their funds while they are still in the market, which would result in unfair trade.
- I’m newbie in trading, but have a profitable trading via demo account.
- In alignment with our steadfast commitment to client security, all client funds are meticulously held in segregated accounts.
- In this case, LimeFx tries to stay on the top of the market by providing as tight spreads as possible.
- This means that you can get your trades execute at the best available prices from the brokers liquidity providers without any interference from the broker itself.
LimeFx provides a calendar that displays upcoming economic events and releases, along with their expected impact on the markets. I always like to check an economic calendar before take a decision on the trade. Finding a platform that provides all the trading features that LimeFx provides along with these things can be a rare thing.
This execution model promises no dealer intervention, and no re-quotes, ensuring trades are made on prices furnished to LimeFx by its liquidity providers. The Price Aggregator meticulously scans these, thus assuring traders invariably acquire the best available Bid/Ask price combinations. LimeFx’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies. Every client at LimeFx is bestowed with identical trading conditions, ensuring immediate execution of all trades with zero delays or re-quotes.
LimeFx Trading Tools
That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss. That’s why I may have missed some information about beginner bonuses. So it’s better to ask about bonuses from support department on official website. Just look at trading conditions, which are listed on website and immediately understand everything. LimeFx is a well-regulated ECN/STP Broker that allows investors to trade on Forex, Crypto, Metals, Indices, and Energies. LimeFx makes the trader-favorite MetaTrader4 trading platform available and the broker requires no minimum deposit and is known as “commission-free”.
All of its clients have the same level of access, and all deals are completed instantly with no delays or re-quotes. We prioritize providing transparent pricing coupled with competitive forex spreads and the most cutting-edge trading platforms. We equip our clients with all the essential forex trading tools needed for success, including access to MetaTrader 4 forex software. The FOREX brokers that offer a more comprehensive range of features for training come with higher deposits. They have advanced financial instruments, favorable trading conditions, research tools, and technical and fundamental analysis.
Is LimeFx a legit broker?
The applicant can complete the form and set a unique password or select to open an account via their Google or Facebook accounts. Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand. Immerse yourself in the realm of unadulterated straight through processing and elevate your trading journey. We are not just another broker in the industry; we consider ourselves trailblazers.
LimeFx Customer Service
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 limefx scam popular MT4 terminal. As per LimeFx review and our research, we can conclude that the platform provides multilingual customer service 24 hours a day, seven days a week through phone, email, or live chat.
Conditions are suitable, products’ range is wide and support team is friendly and willing to help. Sometimes it is a bit slow if compare to desktop version, but I guess it is due to internet connection, because platform is optimized well for portable devices. So i’ve been trading with LimeFx for a long time now and it was just nice.
LimeFx has a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver. While this may seem like a lengthy period in contrast to other brokers, the broker LimeFx has more than a decade of experience in the sector. The business concept of broker LimeFx is built on STP (Straight Through Processing), which involves sending orders directly to financial institutions. This minimizes the possibility of conflicts of interest or price mark-ups, allowing this broker to be quite dependable in terms of deal execution. LimeFx affiliate program scheme is said to be one of the most competitive in the forex industry and allows the advertiser to earn.
Our regulatory compliance extends beyond our CySec regulation in Cyprus, manifesting in our possession of the MiFID passport for financial services firms within the broader realm of the European Union. This comprehensive regulatory alignment underscores https://limefx.name/ our unwavering commitment to maintaining high standards of compliance, transparency, and ethical conduct. Perhaps, it’s one of the most significant characteristics for traders. It goes against our guidelines to offer incentives for reviews.
Client Monetary Protection
This broker provides a wealth of training tools, many of which are fundamental in nature, such as tips on how to read Forex charting and learn the Forex market step-by-step. Many evaluations will tell you which direction the winds are blowing in the global commercial industry. 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. It has a competitive, regulatory environment for overseas clients, thanks to the Vanuatu Financial Services Commission (VFSC).
Traders from the European Economic Area manage their portfolios through a Cyprus Securities and Exchange Commission-authorized subsidiary (CySEC). There are no deposit fees; however, some withdrawals are subject to internal charges, as well as third-party processing fees. This program offers high-end commissions, a customized partner site, a large selection of marketing materials, comprehensive tracking, and global payment possibilities. LimeFx treats its partners as individuals, and regional partners receive support with marketing initiatives and are also given marketing funds. LimeFx are never charged any commission or fee for trading from their traders. However if we see its service like compatative spread and $0 commission for trading then we can forget fee.