Forex Trading

LimeFx Review in 2023 Is LimeFx a Scam FX Broker ️️️️

They provide a diverse range of economic indexes, precious metals, and energy. The US Wall Street 30, US 500, and US Tech 100 are among the indexes, as are indices from Germany, Spain, France, Switzerland, Hong Kong, Japan, and Australia. Retail trades are protected up to €20,000 by the Cyprus Investor Compensation Fund (ICF). At both companies’ primary international banks, client deposits are kept separate from corporate monies, although LimeFx does not identify them. The clause may be found in the Investment Services General Conditions PDF, which can be downloaded by clients.

There is a significant risk involved with the trading of financial instruments. Traders need to ensure that they have a clear objective before they trade financial instruments. For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread. 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. The strongest sides of the broker are the asset selection and the pricing for sure.The former gives me the much needed diversification of my trading funds so to speak.

LimeFx Alternative Brokers & Comparisons

Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Forex Companies constitute financial advice to your real trading account with a virtual private server. Algorithmic trading with maximum leverage serves important informational purposes.

They offer calculators, quotations, trading hours, and other tools to assist traders in managing their deals. LimeFx seeks to provide a useful toolkit that helps you succeed in the trading market, from identifying trends and market opportunities to managing risk. With LimeFx MetaTrader, one may become faster, more versatile, and more accurate. This trading platform includes useful features such as adaptable trading strategies, extensive technical analysis, and algorithmic trading, despite lacking MetaTrader 5. FX Capital Corp. is a global trading firm that offers financial services and products to the global investing community.

The main advantages of trading with LimeFx include Zero Commission, Zero Deposit Fees, and high-regulation. Yes, LimeFx is a trusted broker that adheres to the CySEC regulatory authority. The same process is followed when opening a Live and Demo Account.

  • It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts.
  • Dumblittleman does not and cannot guarantee the accuracy or applicability of any information in regard to your individual circumstances.
  • Gold dealers, for example, can conduct transactions in dollars or euros and vice versa.

The educational tools offered, dedicated customer service, and zero commissions fees are all major bonuses. Though LimeFx provides only one account type and one platform, the ECN XL limefx company reviews is a pretty strong offering that will work for traders of all experience levels. The broker lets you trade the available financial instruments using the MT4 trading platform.

What is LimeFx

However, the good part is that LimeFx keeps things transparent by all means. It means that whatever you have to pay them is mentioned whether it is some fee or commission. In this way, you are aware of everything and there are no hidden charges whatsoever.

Forex Trading

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.

The provision of live streaming market news, indicators and pricing allows for immediate confirmations of trades, with no re-quotes and no dealing desk. The company espouses a customer-centric approach to the financial markets. This broker has a lot to offer its traders, including optimal conditions, educational tools, and the use of the MetaTrader 4 platform.

I am personally satisfied with this brokers regulation and wouldn’t have any problem using them for my trading. If you would prefer some more top-tier regulators, then you might want to consider City Index as an alternative option. I know from experience that any company that provides some services always describes them as better than they really are.

LimeFx is active on social media platforms, including Facebook, Twitter, G +, LinkedIn, Instagram and a blog. MetaTrader 4 is also available for multi-terminal usage with 1-click access to a single platform across multiple accounts. Traders can easily manage all buy/sell activity from multiple accounts at the same time.

LimeFx broker is not a dealing desk broker, and online trading of a financial instrument on mobile devices can be done. Unlike other trading platforms, this broker has tight spreads of the major currency pairs. This broker has intricately designed accounts that have various minimum deposit terms and come with multiple extensive features. LimeFx offers trading on forex, indices, cryptos, energies and metals on the trusted MetaTrader 4 (MT4) platform.

You can trade metals, trade currency pairs, stocks, forex, and other assets on the website. The forex market is one of the biggest financial markets in the world with trade volumes of over $6 trillion. It’s also a very volatile market as well with rapidly changing price action. There are a lot of factors and components involved in trading forex.

LimeFx minimum deposit

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. LimeFx has been around for more than a decade, and that experience in the industry has made it a well-liked broker.

I started with a small deposit, and I have already increased the rates several times. 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. The company is known for its customer-centric approach by delivering competitive pricing with the most favorable trading conditions. You can build a diverse trading portfolio and access fully compatible, excellent trading conditions. The best trading conditions in LimeFx have become a great success.

How do I withdraw money from LimeFx?

The platform, which is free to download, is packed with advanced trading features, including a built-in library of over 50 indicators for technical analysis. 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.

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