Regulation helps to give potential clients peace of mind that they are using a trusted and reliable online broker. I think this regulation is satisfactory and wouldn’t have any issue trusting the broker and using them for my trading activities. If you are looking for a broker with some more top-tier regulators, Plus500 are one of the most well-regulated brokers you can find anywhere.
There is an official LimeFX toolbar that gives point-and-click access to the various sections of the official website, company’s news RSS feed, real time market quotes and social networking pages. I must say that this is something very unique which I am yet to see any other broker provide. I think it goes to show how this broker is always trying to be innovative and lead the way for others to follow. I am pleased to see that they broker provides us with some useful trading tools. There is a good variety that can be used to improve your own trading strategies and to copy other traders. I think they could improve by adding some market analysis software such as Autochartist or Trading Central just like Forex.com.
Deposits and Withdrawals
The floating spreads here are only 0.8 pips on average but the minimum deposit is $1,000 – this is the best choice for day traders who want low commissions. MT4 is the most widely-spread trading software on the market and is highly appreciated for its well-rounded functionality. Moreover, it is hailed by the traders of the world as one of the top forex trading platforms due to its intuitive design and logical workflow. I like how there are over 10 ways for you to make account deposits and withdrawals. These methods include bank transfer, credit card and online payment processors. This gives greater flexibility for the needs of each individual client.
- Besides lots of currency pair,
LimeFX also offers some instruments you would like to trade on, such as
Forex, Gold & silver, CFD, Binary options and Crypto for your best choice.
- You can go back to the homepage and log into your account via the login button located in the top header.
- Some of the most overlooked trading costs are the non-trading fees that are charged by brokers.
The bonus can be deposited to accounts that were opened after June 15, 2013. LimeFX clients can take the opportunity limefx courses scam of the 55% Bonus on every deposit. LimeFX gives you a unique opportunity to get a 100% bonus on your first deposit.
Scalping Account 💰
This is the standard signup procedure for forex brokers and it shouldn’t take more than a couple of trading days to get approved. The final step before you can start trading is funding your account – although the minimum deposit is zero, you need money to trade even if it’s only $1. You can also fund your account directly with Bitcoin, which is rare among forex brokers and shows that LimeFX is https://limefx.name/ keeping up with the latest trends. Aside from all this, the minimum deposit for most account types is zero and you can set up accounts with different base currencies, the most popular of which are USD, EUR, and RUB. LimeFX is a global broker with a clear focus on customer satisfaction and appreciation. The broker has localized its services in various countries and speaks several languages.
Is LimeFX a reliable broker?
LimeFX is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.
The broker also provides access to the MT4 and MT5 trading platforms, which offer a range of technical analysis tools and indicators. Forex LimeFX provides a variety of investing services to each trader at any stage of work from registering new account either real or demonstration to profit withdrawal. LimeFX offers its customers trading on MetaTrader 5 platform which was created by MetaQuotes Software.
What Can I Trade With LimeFX? 💱
LimeFX Introducing Brokers can earn up to $53 from a lot, up to 20% annual interest on the swap affiliate program, and from $2 of a market lot for the trades of the partners’ clients. Overall, LimeFX provides an average range of tradable assets, but it should leave most professional traders satisfied. LimeFX platform support is average compared to other similar brokers. Overall, LimeFX’s account opening process is fully digital and hassle-free, and new traders will be pleased that they can deposit funds without waiting for account verification. Some of the most overlooked trading costs are the non-trading fees that are charged by brokers. These fees can significantly affect your profitability and so should be carefully scrutinised.
The platforms help you execute all the trading operations seamlessly and allow you to benefit from trading LimeFX by analyzing all the crucial factors. All you have to do is open a live trading account, get your trading account number and password to login, add all your money into your deposit account, and start your trading activities. Make sure to avoid losing money by going through the research tools and guides available. You can also watch the account opening process necessarily real-time on LimeFX tv. It also takes about the advanced features and helps you in making the best use of them, especially when dealing with raw spreads.
Opening an Account
If you do not know a pending order, it is executed right when the price reaches its value if the spread equals zero. Then beginners have “useful information,” which is just a section comprising links to other sections of the broker’s website. For example, there is a link to the broker’s FAQ section and to the blog. This could be quite useful as beginner traders may not know where to go because of the sheer amount of information this broker gives. As we have stated, this broker’s website is packed with a ton of information, and opening an account may seem like a big deal.
- Clients can verify LimeFX’s regulatory compliance by checking the license numbers displayed on the broker’s homepage under its disclosure text.
- In addition, LimeFX is also known as the main sponsor of various professional sports clubs accompanied by amazing trading competitions with a total prize pool of up to $1,000,000.
- I did not have to use the support so far that’s why I can’t really judge it.
Join other traders in this exciting trading contest, and best them to … These regulatory bodies ensure the broker complies with all applicable laws and regulations, including anti-money laundering (AML) and know-your-customer (KYC) procedures. Clients can find the license numbers on the broker’s homepage under its disclosure text. To confirm the broker’s public profile and validate the registration number, clients can look up the entity name “LimeFX Companies Group” on the respective regulator’s website. With its extensive reach and language support, LimeFX ensures that traders from different regions can trade with ease and convenience.
Is LimeFX Legitimate?
Those that were fair and reasonable critiques were settled by the company in a positive manner. Fees for withdrawals apply universally, but range depending on the method deployed and usually processed nearest business day. Withdrawal fees for Bitcoin and Skrill are ranging from a minimum of 1%, €1 for Neteller, 1.8% + €0.05 for credit cards, and a minimum of €5 for bank wires and Sofort. Founded in 2007, LimeFX has successfully accumulated 7,000,000 traders over the last twelve years. In addition, LimeFX is also known as the main sponsor of various professional sports clubs accompanied by amazing trading competitions with a total prize pool of up to $1,000,000. Ultimately, the best broker for an individual trader will depend on their specific trading style, preferences, and needs.
How much is commission fee on LimeFX?
LimeFX commissions start from 0.03% – 0.07% and spreads from 0.0 pips and does not charge any deposit fees or withdrawal fees. Insta Accounts have a minimum lot size of 0.01 lots and a maximum of 1000 lots. LimeFX is not a spread betting broker, so spread betting fees will not apply.