If your account is inactive, you will be charged $10 per month. If your account is disabled, you will be charged $50 to reopen the account. The broker is carefully regulated in Australia and the UK by the strictest ASIC and FCA regulators. Positions on this platform are closing without reaching the SL point, and manager explaining this by sending some pic . From different broker or platform saying the closure was right.

Hi Vladimir, thank you for taking the time to leave a review. LimeFX UK is an ECN broker, so the spreads are a function of the liquidity provided by the banks and other liquidity providers connected to the ECN, and are not set by us. We recently added additional liquidity providers to the ECN, which reduced FX spreads considerably, e.g. average spread for EUR/USD is now 0.1 and GBP/USD is 0.3.

LimeFX Deposit Fees

He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector. This method is accepted in many parts of the world, though not in Europe. Within the EU, the offering of the majority of these kinds of bonuses is not allowed by the regulator. ESMA does this in a large part to protect beginners from getting involved in trading without the proper knowledge and ultimately losing their money. Their policy will vary though and in many cases, there are certain trading criteria that you must meet in order to withdraw the bonus funds from your account. Occasionally, LimeFX organizes trading contests on either demo or live accounts.

  • Each participant acts as a liquidity provider and Level 2 Market depth is available.
  • Day Trading can carry a high risk to your capital can be very volatile and prices may move rapidly against you.
  • Additionally, you can set order sizes, set your Stop Loss and Take Profit limits and more.
  • Should you wish to simply follow the actions of other traders, that’s also possible here, with expert advisers who make trades on your behalf.

GLD is a unique Gold unit are represents 0.001 troy ounces of Gold that can be used for account currency. Having Gold as a base gives traders the ability to have a haven from market crashes, special hedging, and hold an asset that has undisputable intrinsic value. Note that the account will not have actual Gold backed up, just a representation of Gold. The account specification table is very detailed, more than what we usually see with other brokers. When choosing your forex broker bonus, it is also important to keep in mind that there are many different bonus types available. Here is a more detailed look at exactly the kind of bonuses that are offered by brokers.

Forex in Antigua and Barbuda is Legal, Right?

Our service is not exclusive to trading, and can be used with any regular Windows application, as well as all types of trading, all brokers, and all software platforms. Each VPS is deployed with an isolated installation of Windows Server 2008 R2 , which looks and responds just like a normal PC. You can launch Chrome or Firefox to browse the internet, access email, etc., and download any applications that you might need. Of course, if you would like help installing any software that is not pre-included, we will be happy to assist. Simply open a support ticket to request assistance with anything. Visit our often for the latest news and extra trading platform reviews and information in the world of international monetary LimeFXs.

On top of that, LimeFX good promotions and contests attract lots of new traders to the broker’s trading platforms, especially the LimeFX ForexCup. LimeFX provides trading instruments on several markets, including forex, commodities, cryptocurrency, stocks, shares, indices, metals, energies & CFDs. The broker offers different trading platforms with different trading account types. So, be sure, it offers the instruments you will trade before choosing the account type.

  • Forex trading offers an opportunity to earn some additional income.
  • Additional Key Information Documents are available in our trading platform.
  • Open positions have swaps and commissions columns that accurately represent trading costs.
  • Commission calculators also help to work out how much might be deducted from ECN profits.

Bitcoin is also used on the quote side for other cryptos, for example, BCH/BTC, LTC/BTC and so on. Counting only cryptos available there are Bitcoin, Litecoin, Ethereum, NameCoin, PeerCoin, DASH, Emercoin, and Ripple. One of particulars of LimeFX’s crypto offer are rarities like DSH/CNH, EMC/BTC, PPC/BTC, NMC/BTC, ETH/CNH, ETH/RUB, LTC/JPY, BTC/RUB, BTC/JPY, BTC/CNH and more. Traders under FSC regulation can benefit from the promotions offered by LimeFX. To further tighten clients’ safety, LimeFX employs account and eWallet verification which typically needs 48 hours and requires an address proof and a photo ID.

Demo account trading contests

FXverify website, LimeFX user reviews by verified traders with a live account, reviews page. LimeFX’s pricing and trading costs reward the investors with more trading equity and are slightly better than the pricing offered by other players in this industry. The starting spread for the most popular cross, the EUR/USD pair, on the Micro and STP accounts is 1.0 pip, commission-free. Currently, LimeFX trading accounts are available in USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, BTC and mBTC – subject to the contracting entity and the traders’ geographical location. When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

One of our primary goals is to help traders make informed decisions by publishing accurate and unbiased content, supported by primary sources. With a LimeFX demo account traders can compare this CFDs broker with its peers, regarding its product offering and trading conditions. A LimeFX demo account can also be used by novice traders to practise their trading skills in a safe environment, without risking real money.

Over 70 percent of Forex brokers provide mt4 download to their customers, and over 90 percent of all transactions on the retail Forex market are conducted through MetaTrader 4. Since 2005 MT4 has been holding the title of the most prevalent Forex trading terminal and endures to receive respected awards year after year. There are a lot of brokers out there, and our Alternatives tool is designed to give you options; pick any broker, and we can show you other highly rated brokers that offer a similar range of features. All strategies are allowed and there are no commissions with this account, The smallest transaction that can be traded is 0.1 micro lots.. ForexCup Trading Contest Bonus is a reward for the contest LimeFX organizes for the STP demo accounts. The ranking is made according to the profit made for a certain period and the bonus is usually 1% of that amount.

To open a demo is easy and also can be done directly through the MT4 or MT5 platform. The MT4 platform will show 2 LimeFX servers to select, Live and Demo, both having around 50ms ping. The main four charts will resemble default settings but LimeFX wants to showcase their crypto assets trading for the ECN Account type. So, apart from two major Forex currency pairs on the H4 timeframe, there are also BTC/USD and LTC/USD. Of course, One-click trading can be enabled but not for cryptocurrencies as we have experienced in the MT4.

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Traders with moderate to advanced experience levels will enjoy working with LimeFX, which is one of the fastest-growing brokers in the industry. With so much focus on Forex trading, FX Open also offers several tools which may help you to successfully trade currency pairs. This tool also provides 5 levels of market depth so you can check on the volumes of liquidity for currency pairs. Additionally, you can set order sizes, set your Stop Loss and Take Profit limits and more. Margin and pip calculators help you to work out the potential profit from any trade, with exact conversion rates provided on currency exchanges. Commission calculators also help to work out how much might be deducted from ECN profits.

LimeFX forex brokers reviews

The homepage will showcase LimeFX business model visual, Quotes Table with the live spreads information, and a real-time spreads comparison table with other brokers – a featured feed from myfxbook.com. This is a good sign of transparency and good marketing mix as other legitimate party information is used for promotion. And I am making autotrading systems using Metatrader EA. In this blog I will share my thoughts about daily forex traders, market forexcast, top forex brokers. LimeFX became the first Forex broker to offer its investors a direct access to ECN trading and Interbank liquidity through the MT4 platform in 2009.

LimeFX verified customers – with a live trading account – recommend the broker for its range of complete trading accounts, together with the low minimum deposits required to open a live account. Also on a positive note, traders praised the broker for its low spreads of the ECN account. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Still, none of them are conflicting with the actual conditions. Each analysis is structured with visuals but some popular technical indicators, Fibonacci levels, and practices used may not be appropriate for certain currency pairs or similar assets. Still, the articles are good enough to instill attention to these points. The educational section of LimeFX is not as developed as with some other bigger brokers, but what is impressive is the LimeFX blog. The blog is not as easily visible or promoted on the LimeFX website. About Forex page is mostly basic and meant for beginners that need to understand how to trade.

You can find many profitable traders to copy from and make a profit from day one. This broker focuses on already-formed traders or social trading investors, therefore does not offer limefx courses scam any formation or analysis tool. Especially useful if you’re only beginning to trade Forex, LimeFX has everything to get you started if your a beginner and never traded before.

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LimeFX assiduously punches above the competition’s weight when it comes to customers’ security. The Forex enterprise is duly registered on the island of St. Kitts and Nevis and is a proud member of The Financial Commission. LimeFX has 4 group companies, non-regulated LimeFX Markets Limited in St. Kitts & Nevis and 3 highly regulated. https://limefx.club/ LimeFX AU Pty Ltd is authorised and regulated by the Australian Securities and LimeFXs Commission in Australia. LimeFX EU Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission in Europe. LimeFX Ltd is authorised and regulated by the Financial Conduct Authority in the United Kingdom.

It is important that you understand that with LimeFXs, your capital is at risk. It is your responsibility to ensure that you make an informed decision about whether or not to invest with us. If you are still unsure if investing is right for you, please seek independent advice. Saxo Markets assumes no liability for any loss sustained from trading in accordance with a recommendation.

The commission charged is 1% per lot traded and it is applied to all crypto instruments although it is affected by the trading volume. Any equity above $250,000 has $3 commission per lot traded regardless of the trade volume. Index commission is in pips and ranges from 0.16 to 4 pips depending on the Index. Other base currencies are not converted, so a commission of $5 is €5 if the account is in EUR.