In semi-retirement / lockdown, I decided to learn to program again, and came across the MQL4 programming language. I’ve now deployed my first trading Bot, and I’m thoroughly enjoying the challenge. LimeFX have provided a stable, low cost MT4 trading platform and good customer service. Please contact us at where we can investigate this further.
We decided to once again investigate the broker in-depth to see how it progressed over time, what it can offer to the traders, and if the service quality is truly exceptional, as they claim. Read the review on LimeFX Forex broker below to find the answers to the most crucial questions in Forex trading. Trading conditions are of paramount importance, especially if you day trade. LimeFX offers ECN accounts with very competitive spreads. An ECN account interacts directly with market liquidity, instead of being passed through an intermediary who marks up the spread.
LimeFX UK – still open to me
LimeFX is an online trading platform where you can trade forex, shares, commodities, indices, cryptocurrencies etc. You will find different trading accounts along with various financial markets on LimeFX markets limited. The head office of LimeFX is situated at three different locations. It is considered one of the respectful and honest companies. A forex broker and trader can watch the market and price movement. As per many user LimeFX reviews, trading digital currencies, trading forex, and trading conditions are some of the important features of the reputable company.
Since you cannot actually buy and sell the actual cryptocurrencies at LimeFX, this broker lets you trade cryptocurrencies in the form of contracts for differences . LimeFX has kept the robust design of the MT4 and MT5 and its center consoles are quite customizable displaying approximately four select markets. As far as the ordering systems are concerned, they are powerful and concise and offer all the options in a simple way. Also, the MT4 trading platform is known to work faster and smoother than any other option in the industry.
The minimum deposit is only $10, which offers a Maximum balance and Maximum transaction size without limitation. Another interesting thing about LimeFX is the fact that it has different websites depending on what jurisdiction you are based in. For example, there is a separate LimeFX.co.uk site compared to the standard LimeFX.com website.
Trade With A Regulated Broker
I have been trading for more than 9 years now so I know that when choosing a broker what is more important for me is that it should be reliable and allow me to use any kind of trading system. The lowest spreads have ensured that i can continue to do my trading with more Profits. Scalping is allowed on ECN and STP accounts as there is no broker intervention. I can either place an order at a specific price at the bottom of plugin, or I can just click the Buy button to transact at that price. My order is sent, along with stop loss and target orders which are placed the indicated number of pips away from the entry. All three orders are sent out at once, which is very handy when day trading.
LimeFX’s spread isn’t the smallest I have seen, but it is definitely competitive. They do have the lowest commissions though, which means the overall cost of the trade is one of the lowest I have seen. Some brokers have lower spreads but much higher commission. LimeFX charges commissions as low as $1.50 per $100,000 traded for active traders. The typical trader is charged about $2.50 per $100,000 traded.
What the broker has to offer and how it operates is explained below in the LimeFX review. LimeFX offers a $10 no deposit bonus for the STP account, and a $1 welcome bonus for the Micro account. A time-limited cashback program is equally available with a rather complex structure. The ForexCup, a demo account competition, is offered; real cash awards are credited to trader accounts.
Forex Cashback is a unique promotional program designed by the LimeFX brokerage firm. The cashback campaign emphasizes relieving the losses made by the clients up to a certain amount. If the participating limefx forex broker traders in the cashback program start loss-making then they are eligible to receive extra refunds. This program, however, is available only for 90 days since registering on the trading platform.
You can open up to 20 orders at the same time on all accounts. Our LimeFX review 2022 discovered that the broker lets you trade cryptocurrencies in the form of contracts for differences . CFDs allow you to potentially profit from the price movement of a cryptocurrency without actually having to buy the asset. Most online brokers will include some kind of charge on the trades that you make on their platforms.
Deposits & Withdrawals
What is the purpose to make so many verification while I have a verified account with them!!!. Its been about 32 days now since my withdrawal request succeed and I have not seen any credit into my bank account. This is very confusing, I am completely no clue where my money is. the delay of this transaction is completely a fraud action might be committed by LimeFX or Banks. As per user reviews & our research, we can say that LimeFX customer service is available 24 hours a day, 7 days a week by online chat, phone, and email. Local phone numbers are available in New Zealand, Russia, France, and Germany.
The website is also regulated by Australian Securities to gain the trust of Australian users. During my trading i have done many trades and made withdrawals https://limefx.biz/ which were paid out to me on time. I have also used the Bitcoin for my Deposits and they get processed very fast into my LimeFX Wallet.
The Financial Commission is gaining traction within the brokerage industry as a genuine solution to uncompetitive regulatory requirements. The multiple updates throughout the day include headline news, technical forecasts, and economic data. The material is useful for both beginners and experienced traders. limefx scam The LimeFX website also includes a calendar that allows traders to keep up with upcoming releases, and a blog that provides detailed analysis. Research options provided by brokers may not be seen as the most important feature for some traders, but they can give you an edge over the competition.
- Trading sites are the most common form of traditional stock exchanges.
- Available free mobile platform MT4 , tablet owners (Android 1.6 and above) is waiting for the author’s development of LimeFX Trader.
- Contact Summitrecoup Dtcm to help recover all your scammed funds.
- A requote is when you try to trade at one price, but the broker gives you a little pop up that says “That price is no longer available, would you like to trade at X.XXXXX level?
I have more than 7 years of Forex trading experience and i am always looking for those brokers on which i can depend for my trading requirements. Though i trade with more than 1 broker but i am also trading with LimeFX because I like their services a lot. LimeFX.com started processing SEPA withdrawals, debit card withdrawals are still not possible with them. The information on their deposit and withdrawals options are still not 100% accurate. In our LimeFX review, we found that this arrangement gave you a very easy way to trade on the value of leading cryptocurrencies like Bitcoin and Litecoin. Plus you may also find CFD trades for other cryptos like Namecoin and Peercoin.
We did the test at 8 AM GMT and at 4 PM GMT on April 27th, 2022. 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. We test the broker’s platforms and examine commissions, spreads, and overnight fees to ensure that you can determine if trading with this broker is worth your time and money. We judged that the UK, EU, and Australian entities are relatively safe to trade with due to the protections guaranteed by the FCA, CySEC, and ASIC. Negative balance protection, segregated accounts, and compensation funds in the case of UK and EU entities give traders a degree of security.
i just think you customer servies is…
It is important to note that an index is a performance measure, not a buy/sell signal. An index allows investors to invest in a portfolio in order to track the performance of a certain sector or region without having exposure to all the securities. Negative Balance Protection is a feature that automatically resets the account balance to zero if it falls below zero following a halt out. Forex accounts are regarded to be heavily leveraged, which increases the chances of losing more money than you put in. They also have contests for PAMM accounts to find the best, if the drawdown was less than 20% for 3 months of competition. I am a scalping trader, you can choose this company — no freezing, no connection lost when opening or closing orders.
These include bank wire transfers, credit cards, debit cards, prepaid cards and electronic payment systems. It isn’t a great platform, but using a plugin provided by LimeFX makes it very easy to use and functional for all styles of trading. Another thing I really like is that it is a true ECN broker, meaning your sell orders can be filled on the offer and your buy orders can be filled at the bid . This means you can make the spread, instead of paying it.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- When it comes to taking money out of my account, there has never been a delay.
- According to LimeFX opinion only no deposit bonus programs that it employs are not enough.
- Therefore, they are capable of making fully rational decisions.
You should be able to make bank transfer deposits with currencies such as USD, EUR, GBP, AUD, CHF, JPY and RUB. It shouldn’t take longer than three banking days for the money to land in your account, and you can deposit from a minimum of $25. Then use a Visa card or MasterCard and the money will turn up instantly in your account. Bear in mind that you can only make card deposits in USD, EUR and RUB.
For instance, it would not be recommended to go for the brokerage established a year ago. The more time brokerage survives on the market the more reliable it is. LimeFX has been operating since 2005, which makes it one of the most experienced brokers worldwide. Micro account is the lowest-cost trading account providing the minimal costs related to trading. However, trading conditions are still beneficial for the traders.
Any referrals to 3rd parties may have computational rewards. However, LimeFX does not provide operations to citizens of the United States because of tight US regulatory constraints. Due to legal constraints, some LimeFX broker services and products described in this LimeFX review might not be accessible to users from specific countries. Every eligible trader earns a CPA payment from CPA Partner (one-time payment).