LimeFx offers a No-Dealing Desk (NDD) Forex brokerage service through genuine ECN/STP conditions, which are devoid of any conflicts of interest between LimeFx and its clients. Forex trading is a high-risk financial product that has a large number of risks in the market due to the significant amount of volatility, high leverage, and a trader’s emotional factors. Therefore, professional traders usually avoid trading with any dealing desk brokers and prefer to trade with ECN/STP brokers that offer Direct Market Access (DMA) conditions for the best trading environment. LimeFx is primarily a European Forex broker that launched its FX and CFD products in 2010. The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). LimeFx a part of the European Markets in Financial Instruments Derivatives (MiFID), which gives it the freedom to operate in the entire European Union under the European Economic Area (EEA) agreement.
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I personally have a very good and decent opinion about LimeFx broker. I have been cooperating with them not so long, but I am already confident that they are not cheaters. I started with a small deposit, and I have already increased the rates several times. I like LimeFx https://limefx.club/ because it provides transparent trading conditions for me and I don’t have to worry about money disappearing all of a sudden. My broker has also good technical knowledge, perfect order execution, spreads are not too tight, in general I am satisfied with all aspects.
The Ultimate Trading Solution
Our LimeFx review experts found that the ECN Standard account had the easiest entry point with an initial deposit of $100. The ECN XL and ECN Advanced accounts require deposits of $10,000 and $100,000 respectively. 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. LimeFx Affiliate CPA commission scheme has been developed in order to accommodate high rewards for our partners. Based on our CPA plan, for each active client you have referred, validated by trading activity, you will receive generous rewards.
User Experience
Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. At LimeFx we value our Partners and we believe they should be generously rewarded for their efforts and that’s why we are offering high-end commission schemes. Throughout the years, LimeFx managed to become synonym to trust, transparency and safety. Our solid backbone operations are a result of product filtering, service quality and world-class support. LimeFx remains committed in providing the very best for its valued clients and partners. Apply multiple risk management schemes, create and use your personal EAs on unlimited trading accounts.
Reasons plus to Choose LimeFx As Your Trading Broker
LimeFx’s main objective consists of empowering its clients with all the necessary tools to develop their trading skills while providing an unparalleled trading experience on the popular MetaTrader 4 (MT4) platform. You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at LimeFx we never disappoint. Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers.
Trading Platforms
LimeFx provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers. The broker also has a live chat service and an online form you can fill out, as well as a support email address, fax and phone number. In addition, LimeFx maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks. 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.
I am satisfied with LimeFx’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. We are also disappointed with LimeFx’s monthly inactivity fee of $5, imposed when your account is not funded or you execute no trades over a period of 120 days. While this type of fee is not unusual, LimeFx imposes it after a relatively short period of time, especially compared with OANDA, which only charges its $10 inactivity penalty after 12 months. On the downside, LimeFx’s high fees for most withdrawal methods are a disadvantage. The $30 – $45 charges are way above brokers such as eToro, which only charges $5, and many brokers we evaluate that offer free withdrawals.
I usually check their daily technical analysis and take advantage of some articles published in traders corner blog. All in all, this set of conditions led me to where I am – to LimeFx broker. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. New currency traders will enjoy the $0 minimum deposit, limefx scam education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. LimeFx is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets.
- Our dedicated support team is here to support you and your clients’ 24/5.
- The broker has solutions for money managers and those of you who want to copy trading signals from other trades.
- Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LimeFx simple for beginners.
- Solution in showing spreads is soo nice🙌 They is not just usually numbers with medium spreads but tool to calculation average spreads.
The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business. I rate LimeFx’s customer service as top-notch in terms of responsiveness and speed. The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries.
Become a successful Introducing Broker (IB) by joining LimeFx Program. Your mission is very simple – to recommend our services to prospective clients. We value our partners and clients, therefore you can be assured you are introducing your clients to a well-known, established and regulated broker, offering transparent processes and competitive terms and conditions.
Your trades are made on prices provided to LimeFx by its liquidity providers. This means that you can get your trades execute at the best available prices from the brokers liquidity providers without any interference from the broker itself. I prefer this model as it helps to eliminate any conflict of interest between my trades and the broker, ensuring that all my orders are executed in a truly competitive and transparent method. On the contrary, a market maker broker can take the opposite side of your position which means they can mark-up prices which I don’t think gives a level playing field. 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.
With LimeFx, traders can trade Forex, crypto, indices, metals, and energies. There are over seventy Forex pairs across minors, majors, and exotics, and the currency pairs offered start at 0 pips with a maximum leverage depending on regulation. Indices include the US Wall Street 30, US 500, US Tech 100, and other indices from Germany, Spain, France, Switzerland, Hong Kong, Japan, and Australia.
The broker supports the popular MetaTrader 4 trading platform with multiple terminal capabilities and a multi-account manager. You can also access the LimeFx MT4 platforms on Android and iOS smartphones and tablets. LimeFx employs an electronic communications network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers. This company has the extraordinary background in financial services. Since the 2010 it has provided customers with great brokerage. I have specific respect for the forex brokers with such a history.
It guarantees the security of clients’ funds by keeping customers’ money on a segregated account. Overall, LimeFx is a multi-asset brokerage firm that gives you access to trade over 200 financial instruments via the popular MT4 trading platform. You can benefit from a range of competitive trading conditions, such as low spreads from 0.0 pips, zero commission fees and reliable execution speeds. There is only one trading account type but several payment methods for you to choose from. Beginners can take advantage of some basic educational content and see what the broker has to offer with a demo account. The broker has solutions for money managers and those of you who want to copy trading signals from other trades.
MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. With the LimeFx MT4 trading arsenal at your disposal, all your energy can be channelled into implementing your trading strategies, secure in the knowledge that the suite of tools in MT4 are there to back you up. Traded here for a while initially on demo, then traded couple of months on a live account. Everything was okay, yeah sometimes I made fatal mistakes, but as I learned, traders should never give up, so do I.
The broker also does not conduct seminars, webinars or podcasts. They also do not have frequently updated market analysis which could help gives us some further market insights. If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. But it’s worth mentioning here that past performance never promises a profitable future.
