LimeFX has focused on delivering fast order execution, with trades executed in as little as 0.03 seconds. Such rapid execution speeds are made possible thanks to No Dealing Desk technology, trading servers in one data center with liquidity providers, and advanced order routing technologies. Registered and licensed limefx broker reviews offshore on the island of Mwali (Comoros), it provides access to trading in CFDs on currency pairs, commodities, indices, shares, ETFs, bonds, futures, and cryptocurrencies. You have greatly increased the spread of ECN accounts to impose the zero account on traders, but unfortunately, the zero account takes so much commission that it is practically not cost-effective. The broker implements robust safety measures, including negative balance protection and the segregation of client funds from operational funds, to ensure the protection of its clients’ investments.
Supported account currencies are the US Dollar and the Euro, while the cryptocurrency account is a Bitcoin-denominated option. The automatic stop-out level is at 20%, except for the EXN account, which is at 40%. Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
Is there a web trading platform available at LimeFX?
- You have greatly increased the spread of ECN accounts to impose the zero account on traders, but unfortunately, the zero account takes so much commission that it is practically not cost-effective.
- Overall, my experience with customer support at LimeFX was positive and better than average for the industry.
- I like the LimeFX trading environment for its low trading fees in its ECN account, VPS hosting, volume-based rebates, and cutting-edge trading infrastructure.
- Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
- Their fast response times and effective problem-solving skills truly set them apart in the industry.
The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check these before evaluating the total trading costs.
Reviews4.7
A stop-out threshold between 20%-40% acts as a safety measure by automatically closing out on all trades if there’s any chance for a negative balance entry into your account. This protective method significantly shields both trader funds and broker exposure risks. LimeFX strives to retain a competitive advantage via its spreads and fees, which appeal to various trading styles and techniques.
What platforms does LimeFX offer?
A competitive ECN trading environment with audited and verified order execution. ✅ LimeFX has a blog that covers a wide range of trading-related subjects. The blog is a valuable educational resource, providing insights into market research, limefx courses scam trading tactics, and economic news.
We opened accounts with the LimeFX LTD entity of LimeFX, supervised by the Mwali International Services Authority (MlSA). This ensures that we accurately convey facts and events so that investors and traders can read our content with confidence and make informed choices. Regarding deposit and withdrawal commissions, the broker does not charge any fee for deposits, but there is a withdrawal cost, which varies based on the payment method and the transfer. LimeFX offers educational content on its blog, with quality written articles. It lacks coverage of core topics and provides readers with reasons to trade Forex rather than educating beginners on how to get started. I like its focus on trading strategies, but I need critical educational material.
✅The platform allows traders to trade two bonds, giving them the option to invest in debt instruments that may provide a steady income stream and diversify their portfolios. Yes, currency conversion costs may apply to transactions in a currency other than your account’s base currency. Furthermore, it grants access to several features of professional ECN accounts.
LimeFX allows withdrawals by bank wire, credit/debit cards, cryptocurrencies, and e-wallets. Access the “Withdraw” area in your LimeFX Personal Area to see available choices and follow step-by-step instructions. The LimeFX blog discusses trading tactics, market research, and economic event coverage. ✅If applicable, LimeFX will produce a unique wallet address and a QR code for your deposit. ✅Complete the electronic form with your personal information, contact information, and trade history.
All newly invited clients will get a 25% trading bonus on every deposit over $100. LimeFX’ dynamic promotional landscape empowers clients to amplify their trading profitability. New clients operating on the MetaTrader 4 platform can avail themselves of exclusive welcome bonus offers, potentially doubling their initial deposits.
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