LimeFX Forex Broker Review and Rating 2024 Detailed LimeFX information with traders reviews for 4 November 2024
Yes, our LimeFX review found that the broker is regulated by the FCA, BaFin, and CySEC. While these are all leading regulatory bodies, our LimeFX review experts highly suggest registering with one of our recommended and trusted online forex brokers instead. Unlike Dealing Desk brokers, LimeFX never opposes client trades, ensuring a seamless and transparent trading experience. The potential for stop loss hunting or spread widening is meticulously eliminated. Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers.
Trading Forex
Bestowed the “Best Forex Trading Account” by traders and industry connoisseurs at the UK FOREX Awards 2017, the XL Account stands as a symbol of LimeFX’s relentless pursuit of enhancing retail offerings for its esteemed clientele. This award, a reflection of independent endorsements by traders, underscores LimeFX’s commitment to innovation and service excellence. We have manifested our motto of being “trustworthy, transparent, and fair,” not just in words but through our actions and services. We value each client with utmost respect and consideration and strive to remain at the forefront of technological advancements to ensure our customers experience simplicity and customer care above all. Our introduction mirrors the clear, concise, and precise individual service we render to our clients.
It’s a good broker for intraday trading because trading conditions allow to earn on every move. I can picture my collaboration with the broker is mostly positive for me. There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news. Depending on the scope of your trading and the assets you plan on trading, LimeFX might not meet your needs. This is especially true if you plan on trading physical cryptocurrencies or any of the commodities traded through CFDs.
If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFX XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. Investors using the platform can trade in more than 70 foreign currency pairs and eight of the most-traded cryptocurrencies. LimeFX also offers spot precious metal and crude oil trading along with stocks from 12 leading market indices.
Whether you are a novice or a seasoned professional, we are poised to assist you in your trading ambitions. Our motto, “a broker on your side,” epitomizes our commitment to your success. As for my experience of cooperation with this company, then everything is ok. calm trading and nothing else. The platform allows orders to be placed in a variety limefx forex broker of ways, including trading directly from charts. Embedded tick charts are an extremely useful way to determine accurate entry and exit points. Our team is happy to see that LimeFX does not impose any trading restrictions, meaning strategies such as hedging and scalping are viable.
Advanced Trading Technologies
The broker uses an electronic communications network (ECN) and straight through processing (STP) model, which provides competitive exchange rates and real time streaming directly from top multibank liquidity providers. This type of trading model levels the playing field with more transparency and a greater degree of control over your trades. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness of fee structures. LimeFX offers reliable customer support to assist traders with any questions or issues they may encounter.
- LimeFX ECN XL account holders pay no commissions to trade any supported asset.
- If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services.
- MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions.
- Traders can also join live, free-to-watch webinars aimed at various skill levels.
Account Fee
New traders can learn as they go using the extensive library of training materials and the demo model. LimeFX’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LimeFX is behind the competition here.
Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers. limefx broker reviews Our preferred partner for accessing the markets is MetaQuotes Software Corporation, the creators and developers of the world renowned, award winning and most popular FX trading platform there is, MetaTrader 4. Additionally, the broker provides several specialized accounts, including demo accounts for practice trading, Islamic accounts adhering to Sharia principles, and managed accounts for those preferring expert guidance. Whether you are a beginner looking for a low-cost entry into the forex market or a professional trader seeking competitive conditions, LimeFX’s ECN XL account provides a solid, flexible option. LimeFX presents a plethora of advantages including premier trading conditions, instructive educational tools, and the incorporation of the renowned MetaTrader 4 platform. It stands out by offering highly competitive spreads, a transparent execution model, and a welcoming environment for any trade strategy, devoid of any commission.
LimeFX brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. LimeFX’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size.