LimeFX Review Does this Forex Broker Deserve Your Attention?

It is a perfect solution for the traders within the rapidly moving markets or the traders who operate high-frequency trading. It furthermore provides detailed charting systems and the strategy back tester. LimeFX INT is one of the world’s leading and fastest growing Forex brokers.

I have been trading in the Forex markets from 7 Years and using the ECN Trading services of LimeFX from the last 5 years with Success. I am a trader with this broker from the March 2018 and the trading is easy and fast with them. LimeFX launches access to ECN trading through the latest version of MT5 and participating in growing demand with many new functions, yet with a familiar user interface. While MT5 or MetaTrader5 is a new generation of the market leading and widely popular MT4 platform developed by the MetaQuotes company. Together with its known powerful capabilities MT5 allows multi-asset… Apart from the general offering to trade Forex and Metals like Gold and Silver, the company continued to set the pace with its latest technologies and in 2014 offered Bitcoin trading.

Below is a list of the most common review questions that traders ask about this online forex broker. LimeFX is a brokerage company with the main principle to offer its clients only what traders really need. That statement has already proved to be true by the development track record and the whole history of the Company. If you are a money manager or investor, LimeFX also offers a PAMM account structure. As an investor you can invest in a PAMM account and someone else manages your money, except the manager never has access to your account information. Instead, the broker simply mirrors the money manager’s trades in your account.

Shares can be acquired through purchase or as a dividend from a corporation’s profits. Use any computer in the globe to access your MT4 platform. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.

LimeFX is it a scam? Reviews and description

We recommend LimeFX for forex traders looking for low fees and great research tools. LimeFX provides a great number of currency pairs and cryptocurrencies. The stock, stock index, ETF, and commodity CFD selections are also great. However, the exact number of available products differs significantly depending on which LimeFX entity covers you.

I remember the Forex School contest in September 2017, when I was among the prize-winners who received a prize PAMM account of $ 200 from the company. This is an opportunity to get additional profit not only from trading, but also from LimeFXs. LimeFX minimum deposits is 1$ for Micro Account, which is indeed fantastic for the traders of any size and experience level.

• All you need is a reliable Internet connection to get started.
• They are the first workable attempts at creating viable alternatives to national currencies.
• I am recommending him out of experience and i can personally vouch that he is very professional and reliable.
• The degree of automation can range from helping the traders in their decisions to offline placing and canceling the trade orders.
• That is why FX Empire developed its proprietary rating system.

Furthermore, we have to mention in our review of LimeFX Forex broker that the firm incorporates Cashback Program. The program allows traders to get additional refunds on loss-making trades. The funds are credited to Commission Account which is opened automatically for the traders.

I really like this forex broker; my experience since 2011 has been great. If you are outside the US this is a forex broker to consider. The trading costs and conditions are some of the best I have found.

Is LimeFX Regulated?

We made our tests at two different times to allow greater perspective. 8 AM GMT is the London open when there is a great deal of liquidity in the forex market and tighter spreads in currency pairs. LimeFX offers https://limefx.club/ competitive spreads and commissions via its ECN account. This can be critical for reaching profitability, especially for active, short term traders. Swap fees and inactivity fees were average for the industry.

We fully understand that it creates both additional charges and inconveniences to our clients. Unfortunately in summer the internal procedures of our card processors have changed, which has led to double-conversion. SEPA transfers were also temporarily unavailable for the clients of LimeFX Markets Limited.

LimeFX Deposit and Withdrawal Options

We are sorry to read about your negative experience with LimeFX and understand your frustration. “Minutes ago we received the response to our message from the payment partner about the requested compensation in the amount 9.85 EURO. Unfortunaly, the provided screenshot cannot be accepted by the partner due to the fact that the screenshot does not contain the bank card number.” . So far, I haven’t seen anything wrong with that company, so trading with them hasn’t had any problems, and I’ll give some examples of that.

They also have contests for PAMM accounts to find the best, if the drawdown was less than 20% for 3 months of competition. I withdrew my profit without any problems, the money was transferred to my Webmoney account within an hour. I am a scalping trader, scammed by limefx you can choose this company — no freezing, no connection lost when opening or closing orders. They have been very professional and the spreads are the lowest in the market. Spreads are very low and they have direct market liquidity with some major banks.

• I have good experience with LimeFX, so I am proud with LimeFX logo.
• After trading with some of the well-known brokers i started my trades with LimeFX 1 year back.
• LimeFX excelled in fees, with tight spreads and low trading costs overall.
• Larger trade size can be controlled with a limited amount of capital.

With its ECN model of order execution and narrow spreads, LimeFX is suitable for day traders and scalpers. The available platforms and tools also make it a good choice for algorithmic traders. The MT4 and MT5 trading platforms, including mobile versions and webtrader versions, are available only as the most basic versions. LimeFX developed the One-Click Trading and Level2 plugin, which enhances order placement. Regrettably, third-party plugins that are required to unlock the full functionality of the MT4 platform and improve the trading environment are not available.

Account opening

The analysis is short form and largely geared towards the forex market. LimeFX shines in customer support with fast responses and helpful, knowledgeable agents. Help is available via phone, and live chat from 8 AM to 6 PM London Time. An index is a basket of trading instruments used to gauge a market sector, stocks within an exchange, or a country’s economy. The MetaTrader 4 mobile app also provides a broad range of order types, including pending and stop-orders. However, trailing stop-loss orders are only available from the desktop.

• I have already made more profits than i expected because of the ECN trading facility provided by them.
• They are Regulated Brokers and offer ECN Trading which has helped me achieve my goals of becoming a Professional Forex trader.
• An online application for an eWallet initiates the account opening process.
• LimeFX is a Reliable Forex Broker as i am trading with them since 5 Years with good amount of profits.

LimeFX supports ForexCup and holds numerous weekly and monthly trading contests and regional championships. The prizes come in cash amounting from 1,000 USD up to 5,000 or sometimes even 10,000 USD. There are contests held on demo accounts, as well, which are great opportunities to start trading without actually spending personal funds and risking major losses. On the contrary, more and more traders begin to acquire the habit of using automated trading bots in their daily trades.

I trade with LimeFX for 2 years now and so far it looks good. Fast execution and low spreads, they also gave me a swap-free account. The free analysis and signals that they give traders are helpful too. I wish they offer free vps cause my connection is limited sometimes. I have used this broker for trading in the Gold and Oil in the ECN Trading account.

What Can I Trade

On the screenshot above, it is set to show the other bids and offers below and above the current ones. This is called a Level II. I find this section of the plugin distracting, and it isn’t helpful for my style of trading. Within the settings, you can choose to hide this if you want, or you can leave it up if it helps you. Within the settings, you’ll also find some other options you can adjust on the plugin. The Level II plugin, a free download for LimeFX traders, allows me to set my position size, see market liquidity, set my entry price, and also set my stop losses and profit targets automatically. LimeFX has a handful of educational articles on its website and a YouTube channel with a few dozen videos, including material covering trading basics.

On the couple occasions I have had to contact them I was dealt with in a quick and concise fashion. Another withdrawal option is a pre-paid debit or credit card. You can order a branded LimeFX card and then keep reusing it. That sounds a lot cheaper, but only if you use the money on the card for purchases/spending.