Discussed individually below, these features include educational tools, customer support, and client monetary protection. LimeFx emerges as a reputable option for traders seeking a secure and regulated trading environment without engaging in speculative trading activities. The platform’s emphasis on compliance, diversified offerings, and support aligns with responsible trading practices. Whatever your level of trading experience or demands, we believe we have the right account for you. VFSC regulator supervises the market participants’ activities and ensures compliance with all international standards related to providing financial business and brokerage services of licensed companies. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.
- Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4.
- LimeFx’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size.
- LimeFx offers many different account types, including ECN Standard, ECN XL, and ECN Advanced.
- The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC).
- The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades.
- 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 Leverage
Keeping that in mind, you need to do proper research before selecting and investing in anyone else’s trades. I actually prefer to take control of my own trading as I like to be responsible for my decisions. It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t want to take any risk whilst practising. I use the desktop platform for running automated systems as it is the only version which can. The web version of the platform is great if you need to access your account from any device without installing any software and it is always up to date.
LimeFx Trading platforms
Using MQL4 you can build-up your own library of custom indicators, scripts and function database. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. FX CENTRAL CLEARING Ltd applies the Markets in Financial Instruments Directive.
User Experience
This average customer rating is based on 16 LimeFx customer reviews submitted by our visitors. LimeFx does not have a proprietary mobile app, https://limefx.vip/ though MT4 can be downloaded to Android and Apple devices. The mobile application has proven to be stable and reliable during testing.
Clients may also use their Facebook or Google accounts to open an account. Since LimeFx is a regulated and fully compliant broker, new traders must pass account verification per AML/KYC stipulations. A copy of the ID and one proof of residency documents usually satisfies this final step. LimeFx provides customer support via various channels, available to assist traders responsibly with their queries or technical issues. LimeFx prioritizes security measures to safeguard clients’ funds and ensures a secure trading environment responsibly. LimeFx ensures a user-friendly interface, allowing traders to navigate the platform easily.
Execution
LimeFx has unusually competitive dealing spreads that you can gauge by opening a free demo account. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. LimeFx’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades.
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. 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.
Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru limefx scammers to bring clarity to the world of forex brokers and elevate your trading experience. Clients have access to the full suite of the out-of-the-box MT4 trading platform. It fully supports automated trading and is one of the most versatile trading platforms available.
Professional traders and asset managers with many accounts want solutions that make managing several accounts straightforward and secure. The broker provides the MetaFx MAM (Multi Account Manager) software to multiple account traders and money managers. MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal. LimeFx uses state-of-the-art Secure Sockets Layer (SSL) network security protocol to keep client private information safe. Furthermore, all client funds are held in accounts with major international banks and kept segregated from LimeFx corporate accounts. Novice traders should have little difficulty finding online assistance about how to operate the MT4 platform and use it to their advantage.
Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LimeFx is behind the competition here. The account stands out as a competitive option for traders of all experience levels. Beginners will appreciate the straightforward pricing model with zero-commission trading, while experienced traders will rate the tight spreads with no restrictions on trading strategies. 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. Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading.
The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available. The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business. LimeFx’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. However, due to European regulations, this bonus is not available for clients from the EEA.
The company providing very good spread conditions with Commission $0. Like, they dont lure you in with leverage, dont create 15 account types. They dont have their own cooked up half-working trade platform, instead its tried and tested MT4 which is the best trading platform for retail by far. This app comes equipped with sophisticated charting tools, including 30 technical indicators, 9 different timeframes, and 3 varieties of charts, ensuring a comprehensive trading experience. Although some brokers like Vantage offer a similar service with less stringent qualifying criteria, LimeFx’s VPS, combined with its excellent pricing, will appeal to high-volume traders and algo traders.
EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees. The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. During tests, the EUR/USD came in at 0.1 pips, which is tighter than rivals like LimeFx with its 0.6 pips on the same pair. Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD.