FAQ LimeFx

Despite the variation, overall trading costs are higher than average on its commission-free accounts but are lower than average on its ECN Accounts. Except for the R Stocks Trader Account, all accounts have a minimum deposit requirement of 10 USD. Payment remains commission-free, but the broker provides commission-free withdrawals twice per month; on the first and third Tuesday, all withdrawals are automatically free of charge. Plenty of payment methods are available offering prompt processing. Besides lots of currency pair,
LimeFx also offers some instruments you would like to trade on, such as
Forex, CFD, Indexes and ETF for your best choice. Somehow, remember that different instrument
has different trading conditions.

It is crucial for you to determine whether you are capable of taking the risk of losing your money when trading CFDs. As a prime account trader, you’ll enjoy all kinds of loyalty limefx scammers bonuses provided by the broker excluding the deposit bonuses. You’ll also enjoy a 5% cashback or rebate based on the revenue earned by the broker from your trading activities.

LimeFx

LimeFx is definitely marketing its services very aggressively and this is a great time to switch gears to make LimeFx your preferred broker if you are already trading with another company. To lure customers into https://limefx.club/ trying their service, they are offering a $30 USD welcome bonus to all new customers. To get the welcome bonus, all you need to do is open a live account and verify your information and make a minimum $10 deposit.

This post will help you download Metatrader 4 from LimeFx broker website. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,
anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools
to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned
trades. LimeFx also bears the Verify My Trade (VMT) certificate, as well as negative balance protection which ensures clients are able to manage portfolios in a safe and competitive trading environment.

The experts behind the broker have well analyzed the natures and basic needs of the traders which is directly reflected in their innovative account features. The Pro-Standard account is a good all-around account type, while the ECN-Pro NDD account is best for scalpers and day traders. Here, you can trade over 12,000 Indices, Cryptocurrencies, Real Stocks, CFDs on Stocks, Oil, Metals, and all the forex currency pairs. The most attractive feature of the ECN account is its tighter spreads which start from as low as 0 pips. LimeFx belongs to the most trusted brokers industry-wide with over a decade of experience and an exemplary regulatory track record with industry-leading protection. There is also MetaTrader Market, a marketplace for trading robots made by other developers, traders, and experts.

LimeFx vs RoboMarkets Broker Comparison

MultiTerminal saves order history, making it more comfortable for a manager to work with. LimeFx has one of the highest numbers of deposit and withdrawal methods we have seen in the Forex industry. Besides credit and debit cards like Visa and Mastercard, they accept niche bank cards like China UnionPay as well. All three platforms offered by LimeFx come with respective Android and iOS apps for smartphones and tablets. Hence, you can easily access your LimeFx trading account on the go from your phones and mobile devices. Moreover, as an ECN trader, you’ll get full access to all the top traded forex currency pairs, Metals, CFDs, Stocks & Cryptocurrencies.

This account is known as an ideal home for long-term experienced professionals. We have rated and reviewed the best Forex Brokers that allow investors to trade in Binary Options. It is another convenient version of the platform that allows you to use it on the go. All you need is a PC or laptop with a relatively stable Internet connection. This MT4 version also shares all the features of the desktop edition.

With a LimeFx trading account, you’ll be able to use MT4, MT5, cTrader, and its unique RTrader platforms. Experienced traders often prefer accounts with higher minimum deposits and tight spreads. LimeFx’s ECN and Prime Accounts also have a minimum deposit of 10 USD, offer spreads that start at 0 pips on the EUR/USD, and have extremely low commissions, making them appealing to experienced traders. Accounts with lower minimum deposits and which allow trading in micro-lots are generally more suited to beginner traders. However, spreads on these accounts are often wider than those with higher minimum deposits.

Broker ng WikiFX

In addition, only the basic orders are available, including Market, Limit, Stop, and Trailing Stop. However, client accounts will be archived if there is no balance and the account is not used for more than six months. If you are focused on Forex trading, we would suggest you stick to either MetaTrader or cTrader platforms. LimeFx accounts are structured in a much more user-friendly way. LimeFx is not regulated in South Africa but has a Belize regulatory license plus membership in the Hong Kong-based Financial Commission. No, the LimeFx Demo accounts are for the purpose of practice trading only.

• LimeFx’s market analysis materials are comprehensive, detailed, and frequently updated.
• LimeFx is a market maker broker with a wide variety of accounts, including ECN options.
• Join the waiting list for a membership where you will have online courses, weekly analysis, trading strategies and more…
• This is because when trading a USD quoted currency pair with another currency account, there will be a small conversion fee for every trade made.

Central to that process is the evaluation of the broker’s reliability, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker. LimeFx generally offers a similar range of instruments as other brokers but offers a wider range of stocks, ETFs, and cryptocurrencies.

FP Markets

It also offers negative balance protection to all clients, so traders can never lose more than they have in their trading account. In addition, LimeFx Ltd is an “A” category member of the Hong Kong-based Financial Commission, which provides protection of up to 20,000 EUR per case. The Financial Commission is the most trusted independent self-regulatory organization and external dispute resolution (EDR) body globally. Founded in 2009, LimeFx is headquartered in Belize and regulated by the International Financial Services Commission (IFSC). In a show of good faith, LimeFx also provides all clients with negative balance protection and is a member of the Financial Commission, which provides protection of up to 20,000 EUR per trader.

• It is a unique trading account that allows you to use the multi-asset web platform RTrader.
• Just be aware that it works on Windows only, so if you want to trade on a Mac, use the web edition instead.
• LimeFx offers a wide selection of trading platforms, including MT4 and MT5.
• In this case, you have to make sure that your strategy is well
  suited for the instrument you chose.
• The broker also provides demo account facilities for the traders interested to taste the live markets.

If you have a fascination over a wide range of trading assets including EAs, R Trader may suit your requirements. LimeFx fully supports bot trading, and MetaTrader 4 remains one of the most reliable and generally suitable platforms for automated trading. MT4 enables you to create your own bots, backtest them, and then apply the resulting algorithms to actual trading procedures. It applies to operations with commodities, crypto, and other instruments. LimeFx is a popular international broker thats widely recognized for its software solutions for the Forex industry.

Availability of deposit and withdrawal options depends on the geographic region, but processing times are instant on most options, but bank wires can take up to 5 working days. Based on our research, we have assigned the following ratings to LimeFx. For example, the ECN server mt4-ecn-dc1.LimeFx.com is located in the Netherlands and most of the other servers are located in the same data center. Depending on your geographic location, the order filling time will vary due to latency issues. However, during our tests, we found the order execution to be mediocre, with a few slippage issues. Besides being regulated by the IFSC, LimeFx participates in regulation by being a member of the Financial Commission, which is an independent self-regulatory organization.

This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The broker has also made some minor changes to the MT4 WebTrader, including adding an option for color changes on the chart and more convenient operation with charts and open positions. Additionally, its customer service team is available 24/7 for all client account and technical questions.

Baxia Markets

Beginner traders should be aware that there is some loss in functionality when compared to the desktop trading platforms, including reduced timeframes and fewer charting options. The benefit of LimeFx offering third-party platforms such as MT4, MT5, and cTrader is that traders can take their customised versions of these platforms with them should they choose to migrate to another broker. However, it also offers its own proprietary platform, which is easier to use and set up. Overall, LimeFx ticks all the boxes in its trading platform offering. However, for British traders with bank accounts denominated in GBP, a currency conversion fee will be charged for deposits and withdrawals. Currency conversion fees can make trading expensive and can affect profitability.

LimeFx also stands out for the number of financial instruments on offer, including over 12,000 stocks, 1,000 ETFs, 100 commodities, 40 Forex pairs, 26 cryptocurrencies, and indices. Support is offered for numerous trading platforms, including industry favourites such as MT4, MT5, and cTrader in addition to its intuitive and easy-to-set up R-trader. A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily
mean the same thing to you. You can decide for yourself if
LimeFx is a good broker for you or not by reviewing the criteria. In general,
LimeFx provides trading service in
Forex , Gold & silver , CFD , Metals , Indexes and ETF .

It also provides a unique tool allowing traders to build, run, and test trading strategies. LimeFx offers four live CFD accounts with a minimum deposit of only 10 USD. The commission-free CFD accounts have a spread of 1.3 pips, which is slightly wider than other brokers, but traders can choose to trade in smaller trade sizes, known as micro-lots. The ECN and Prime Accounts have spreads that start at 0.00 pips (EUR/USD) but commissions of only 4 USD and 2 USD, respectively – some of the lowest in the industry. LimeFx offers support for an impressive array of trading platforms, including MetaTrader4 (MT4), MetaTrader 5 (MT5), c-Trader, and its proprietary platform, R-Trader. Different platforms are available for different accounts depending on the trading requirements of the account.

limefx courses scam features several trading strategies you may employ. One of the most advanced forex trading solutions on the market today. LimeFx – Viking Trader is a platform that enables you to buy and sell currencies, commodities, CFD indices and stocks. LimeFx gives clients an option to select the terms of trading …

For traders that trade in large volumes (more than 10 lots a month), it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD. This is because when trading a USD quoted currency pair with another currency account, there will be a small conversion fee for every trade made. LimeFx also offers an Islamic Swap-Free account on which it charges a fixed commission. This Swap-Free service is only available on the Pro-Cent and Pro accounts. LimeFx allows scalping, hedging, and netting, but accounts are only denominated in USD, EUR, CNY, BTC, Gold, and ETH. Beginner traders can also benefit from the CopyFX system, which allows one to copy the transactions of more experienced traders.

LimeFx’s office is located at 2118 Guava Street, Belama Phase 1, Belize City, Belize. Forex Admin is a blog where you can find an in-depth analysis of Forex Brokers, Stocks, CFDs, ETFs, and other financial instruments to make informed decisions. Please let us know your thoughts or experiences about the LimeFx account types in the comment section. LimeFx offers six types of live accounts – Pro-Standard, Pro-Cent, ECN, Prime, and R Trader. The LimeFx ECN account is specially designed for professionals.