With a minimum deposit requirement of $100 USD,LimeFX feescan be classed as low. Open an account with the demo trading interface of the mobile or desktop version to conduct trial trades before venturing into the live asset markets. Demo trading through the demo account is beneficial for beginning traders as well as experienced traders. The trading platform also provides an impressive array of custom software solutions for various trading purposes, including institutional trading and liquidity services for professional traders.
I have had no problems with execution and customer service is prompt, professional and clear. My only peeve is that there is no-use penalty if your account stays dormant for over 3 months. I don’t think this should be the case as they still make interest out of my accounts. You can get around this by ensuring you make at least one trade within that period. Good, hassle-free broker and they have been trust-worthy for many years. The broker platform is regulated by the FCA, CIMA, and CFTC.
Very tight spreads on major pairs
Correcting this matter of wrong Market Watch time is a simple adjustment to their MT4 server when the market is closed during the weekend. Ask any IT tech that has worked for a forex brokerage firm. The platform of LimeFX rewards loyal clients with bonus offers and promos. However, there is no specific Loyalty Program in place for most brokers and users.
- It is very easy to make deposits and withdrawals in the account on LimeFX by various payment methods.
- The argument put forth by SCAM brokers in the past went something like “We are located in a different time zone and, therefore, we use a time that does not match New York time.” Absolutely ABSURD !!
- You must understand that Forex trading, while potentially profitable, can make you lose your money.
- The demo account provides traders with access to live fx market prices and enables them to place simulated trades in a risk-free market environment.
If you are finding all of this a bit confusing, check out our guide to commissions and spreads in the forex market to simplify it down, and help you understand forex fees better. LimeFX offers the MT4 trading platform, forex and CFD instruments, but has a high minimum deposit requirement. I am happy to say that, as I tried to find my trading niche, I have done all types of trading with ATC.
I would recommend any day of the week…
The broker offers forex trading on technology STP and ECN and the possibility of investing with the help of PAMM-accounts. I trade live with ATC and it’s the best I have experienced in the past 6 years of my trading. The max slippage is less than 0.5 pips while other can be 5 pips or more. Fast execution, very tight spread as low as 0 pips for GBPUSD and great customer services, just can not name them all.
- It is mandatory to clear every due while closing the account at LimeFX.
- LimeFX allows traders to access from the major to the exotic currency pairs.
- This is a result of different regulations across jurisdictions.
- ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
- When withdrawing from LimeFX, you won’t incur any charge.
The introducing broker platform also ensures the confidentiality of personal information and safeguards the customers against third-party users and hackers. For withdrawal, the platform has to visit the My Account section to withdraw money directly to the bank account after closing the trade. One may open fully customized corporate, joint, and individual retail investor accounts at LimeFX. The corporate account is for companies and the individual account for solo traders and retail investors of bigger financial position. The MT Pro software application allows enhanced access to the MT4 trading platform to trade fx and other products. LimeFX LTD. is established in the Cayman Islands and is regulated by the Cayman Islands Monetary Authority .
ATCBrokers offers a variable leverage based on the branches. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. They cost me -£1,000 by telling me incorrect information, after I withdraw my funds they closed my account down. I emailed them after saying I didn’t want my account closed and what the minimum amount I needed to keep it active, no reply. DO NOT USE THIS BROKER, They block accounts when you withdraw full balance.
There’s also numerous articles on forex, day trading and CFDs, not to mention a demo account. U.S. customers can access a range of 40 instruments, including 38 popular currency pairs and two metals. In the UK, customers can access 38 major and exotic forex pairs and 12 CFD instruments. limefx website The demo account trading experience prepares new traders with trading strategies and trading style to begin trading in markets with real money. The broker platform of LimeFX allows the traders to conduct trading through the multi-asset broker platform of MetaTrader 4 or MT Pro.
The broker accepts all major credit cards, including Mastercard, Visa, and China UnionPay cards. In summary, LimeFX is considered safe, but it could improve a few things to be more competitive with other highly-rated brokers. We suggest you check out LimeFX’s easy-to-use trading platform. ☑️ Users can view all live quotes for tradable assets which can be customized to display the trader’s favoured assets.
MT4 or MT Pro aims to improve the overall trading experience of users. LimeFX Ltd. is a renowned brokerage firm that provides online trading and LimeFX services and is dedicated to working towards the transparency of business transactions. LimeFX offers a pure agency model to provide every client with excellent services with its vision of making trading activity and LimeFX trustworthy and transparent. LimeFX is one of the best platforms for trading and investing in a variety of assets online.
Of course at the end of the day all this did was give you every excuse in the book. For the would-be profitable orders they tell you that the system was down and the order never got filled. For the losing orders that somehow got filled they tell you that at that particular instant the server was up and you are now responsible for the position that is already 100 pips in the loss….
The Trustpilot Experience
MT4 Plus – It is a plug-in that enhances the order features on the MetaTrader 4 platform. It allows one click execution and provides the ability to set up to three separate bracket orders. If they just reduce their commission to 6$, it would be excellent.
- If you’re new to forex trading, we’ve created a complete guide to forex trading to show you the ABCs of it all.
- It allows one click execution and provides the ability to set up to three separate bracket orders.
- The trading platforms follow strict rules and allow users to trade securely.
- View the historical curve of profit or loss of the account as a percentage figure or pip value.
This unnerving economic uncertainty has caused demand for the U.S. At the same time, others question the stability of the U.S. Amid the market volatility, there has been a 300% rise in people forex trading. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. You must understand that Forex trading, while potentially profitable, can make you lose your money.
If the application has been accepted you will get a welcome email, instructing you on how you access your account. The process in total should only take 1-2 working days for individual accounts. The value could potentially fall significantly more, causing greater losses. For this reason, you should always be extra careful and aware of the risks that come with leverage. If you’re new to forex trading, we’ve created a complete guide to forex trading to show you the ABCs of it all.
Comparebrokers.co needs to review the security of your connection before proceeding. LimeFX does make an affiliate program available in the form of an Introducing Broker option. LimeFX IBs will receive a custom application link for referrals and will be able to select from five different types of custom fee structures.
For making deposits at the account of LimeFX, one needs to link their wallet or bank account with the platform. Visit the “My Account” section on the official website to enter your wallet details and bank account information for e-wallet deposits. The process https://limefx.biz/ of CFD Rollover refers to the switching transition from the contract of the current month that is almost about to expire to the contract of the next month. Some of the financial instruments that depend on futures CFDs are rolled over at regular intervals.