One operates out of Vanuatu, where international clients have a trustworthy and competitive trading environment. LimeFx also maintains a presence in Cyprus for EU-based clients under the uncompetitive ESMA regulatory framework. LimeFx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.
LimeFx Demo Account
They have been regulated and licensed for over a decade by Cyprus Securities and Exchange, which LimeFx claims aids in consumer protection. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. The overall trading environment at LimeFx features a low cost structure and competitive asset selection, .
Trading Conditions
The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information.
How To Open A Demo Account
If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. Under the LimeFx “Education & Research” tab, you’ll also find forex trade-related e-books and an instructional glossary. In this LimeFx review, you will get to know about different aspects of LimeFx.
Traditionally, many metals are considered valuable treasures because they can be used for trade or as money. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Our team is happy to see that LimeFx does not impose any trading restrictions, meaning strategies such as hedging and scalping are https://limefx.biz/ viable. Our team rates LimeFx’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so.
Regulated, Transparent and Fair Trading
They can provide answers to all of your general, technical, and account-related inquiries. The support team can be reached via telephone, email, live chat, online form, and social media. On the other hand, if you already have some experience then I don’t think you will learn anything new. They also do not have frequently updated market analysis which could help gives us some further market insights. If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies.
LimeFx also ensures the most secure trading environment through state-of-the-art encryption technologies for processing payments, as well as for connecting traders to the best liquidity providers in the market. LimeFx also connects its traders through EQUINIX servers, which are considered to be among the most reliable and secure third-party systems in the Forex markets. Founded in 2010, LimeFx forex broker provides a manipulation-free portal and conflictless trading. The trading platform is an STP/ECN brokerage company, providing its customers with direct access to the ECN model.
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. We aim to help you find the best broker according to your own needs. The platform allows orders to be placed in a variety of ways, including trading directly from charts.
LimeFx uses the trusted MetaTrader 4 platform, accessible as a download or online solution, to trade forex, indices, silver, and gold. We log in to the Traders Hub in this broker review LimeFx to look at minimum deposits, rules, leverage, and demo accounts. Unlike Dealing Desk brokers, LimeFx brokers do not accept the opposite side of deals.
LimeFx maintains a nice balance of traditional payment processors like bank wires or credit/debit cards, modern e-wallets like Skrill or UnionPay, and cryptocurrencies. 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. Leverage levels depend on the instrument you trade and are defined by the regulatory restrictions together with your personal level of proficiency.
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. MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. Forex.com segregates client deposits from corporate funds, offers negative balance protection, and has an investor compensation fund for UK clients, making it a safe broker. According to LimeFx, many of the procedures the broker has adopted “go beyond” the basic rules and regulations imposed upon it in various countries.
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. I would always like to check a calendar prior to taking any trade decision. The broker can accept clients from most countries but does not provide services for United States residents and/or citizens. If you reside in the USA, you can take a look at some other options from our best USA brokers. LimeFx places a strong emphasis on technological advancements to provide traders with efficient and speedy trade executions.
- Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LimeFx simple for beginners.
- The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed.
- Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.
- Every ECN trader starts somewhere that is why every LimeFx client is treated as an individual, a VIP, who will enjoy a personal, unrivalled level of service.
- It’s good to know that your funds are safe and sound while you trade.
Our team is also disappointed by the withdrawal fees and weak regulatory oversight through the offshore branch. LimeFx is an ECN broker and only maintains one ECN account for all clients. It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports.
Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions. For instance, anyone registering from a CySEC regulated region is not able to accept a bonus. We have conducted an in-depth review of LimeFx and Forex.com to determine which one presents the better overall choice and which traders will benefit the most at either broker. Those looking to trade metals can choose from spot gold, spot silver, and spot palladium, all versus the US dollar or, in the case of spot gold, the euro.
The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). If a forex trader can guarantee large numbers of transactions for large amounts, they can usually demand a smaller difference between the Bid and Ask, which is referred to as better forex spread. LimeFx provides a calendar that displays upcoming economic events and releases, along with their expected impact on limefx official site the markets. I always like to check an economic calendar before take a decision on the trade. The deposit and withdrawal options include multiple offerings from various providers that are covering the needs of almost every client and are truly globally covered. The methods include Card payments, Bank Wire Transfers, Neteller, Skrill, Neosurf, SOfort, Rapid, paysafecard, Neosurf, Yandex, Boleta, UnionPay and much more.
