MỤC LỤC
MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal. Minimum deposits vary depending on account type at the LimeFx forex broker. Our LimeFx review discovered that ECN Standard accounts’ minimum deposit was $100, which ECN XL and ECN Advanced were $10,000 and $100,000 respectively.
Trading Instruments
LimeFx also provides customer care five days a week, so if you need help while a transaction is active, there are agents accessible 24 hours a day to assist you. LimeFx also provides customer care five days a week, so if you need help while a transaction is active, there are agents accessible 24 hours a day to assist you and solve all your queries as early as possible. The broker’s educational page is a good resource for beginners and traders just starting. Many of the guides include information on reading Forex charts and Forex trade. The guides also give helpful tips on how to become successful in Forex trading, including how to develop your trading strategy.
Trading Accounts and Conditions
Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. There is no standard withdrawal fee because each platform has its own policy regarding this matter. It all depends on https://limefx.vip/ what they perceive as the risk of losing their customers’ money with them. There are no fees involved in the LimeFx withdrawal methods, and you can withdraw money with ease. The minimum withdrawable amount is 50 dollars for ECN XL and ECN Standard accounts.
LimeFx Leverage
- Client deposits remain segregated from corporate funds at both entities with leading international banks, but LimeFx does not list them.
- LimeFx provides a calendar that displays upcoming economic events and releases, along with their expected impact on the markets.
- I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law.
- EEA-based traders manage their portfolios from a subsidiary that is authorized by the Cyprus Securities and Exchange Commission (CySEC).
Forex.com offers upgraded trading platforms, high-quality trading tools, and acceptable trading costs. There are a few features that indicate that LimeFx is a good broker for beginning or new traders. Discussed individually below, these features include educational tools, customer support, and client monetary protection. LimeFx ECN XL account holders pay no commissions to trade any supported asset.
No, LimeFx is a legit broker with regulatory oversight from the VFSC and the CySEC. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. LimeFx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework.
Resources Offered by LimeFx
LimeFx has been in business for over a decade, and its knowledge of the sector has earned it a favorable reputation. The instructional materials provided, the dedicated customer support, and the absence of commission fees are all significant benefits. Despite the fact that LimeFx only offers one account type and one platform, the ECN XL is a very robust offering that will suit traders of all levels of expertise. I rank trading costs among the most defining aspects when evaluating an exchange, as they directly impact profitability. LimeFx offers traders a competitive commission-free trading environment. The EUR/USD spread ranges between 0.0 pips and 0.3 pips, with occasional spikes during the market news and trading session breaks, which LimeFx transparently displays on its website.
Being an NDD broker, LimeFx doesn’t take the other side of the trade meaning the broker is firmly on the traders’ side. All the orders, stops, limits, and trades are executed with counter-parties. What is also great, LimeFx used technology to provide efficient and transparent pricing with the most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements.
The other e-wallets Neteller and Skrill process deposits within an hour of the request and are instant for withdrawals, which is competitive. LimeFx holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered limefx website subsidiary in Vanuatu, where most international clients trade. LimeFx lists 71 currency pairs, 12 cryptocurrency pairs, 12 indices, spot metals and commodities, like WTI and Brent. Overall, the asset selection is both impressive and more than ample for new and intermediate traders.
However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at LimeFx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss. LimeFx brand is an international brand that is authorized and regulated in various jurisdictions and is committed to offering you the best possible trading experience. I would always prefer to use a regulated broker as they can provide certain protection that an unregulated brokerage firm cannot.
Counter-parties execute customer orders, stops, limits, and trades, putting LimeFx firmly on the client’s side. The LimeFx broker offers a lot to its clients, such as favorable trading conditions, instructional materials, and the MetaTrader 4 platform. LimeFx offers reasonable currency spreads, transparent pricing, and the ability to use any trading technique.
While testing LimeFx, the EUR/USD was available at 0.1 pips and the EUR/GBP at 0.5 pips. For a final thought, we see LimeFx as a company that gives an opportunity to engage in trading with the STP/ ECN model and quotes provided directly by the liquidity providers. The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different level to start trading in LimeFx conveniently.