LimeFx Forex Broker, LimeFx Review, LimeFx Information

The ECN account is the most popular, offering the best prices, spreads and execution speeds with access to an interbank liquidity pool. I like how an ECN model links different market participants including banks, centralized exchanges, brokers, companies and private investors. LimeFx’s price aggregating technology combines this liquidity to provide the best prices, real variable market spreads from just 0 pips and seamless order execution. The STP trading account has the benefits of ECN real market execution with a starting deposit of just $10, compared to $100 on the LimeFx ECN account. There is no commission charged on this account type although spreads will tend to be higher. I really like the minimum deposit requirement as this is really lower than the industry average of around $200.

PAMM accounts are beneficial for masters as they can trade funds larger than their own capital and receive a success fee if they are profitable. In STP accounts the broker’s trading commission is included into the spread. The STP spreads are variable and depend on the buy and sell orders available in LimeFx’s ECN. Cryptocurrencies such as Bitcoin and Ethereum have proved to be popular for speculators, due to their high volatility.

For me as a Intra Day trader i was looking for a Broker that will allow me to do Scalping and most of the other brokers had restrictions for doing this. I am a trader with LimeFx since 2020 and it is a very reliable and safe ECN broker to deal with. LimeFx Education ranked with an overall rating of 7.5 out of 10 based on our research. The broker provides good quality educational materials and research and also cooperates with market-leading providers of data. The standard version of MT4 is diverse from the LimeFx one, as the trader needs a different modification for each account.

LimeFx forex brokers reviews

For me i keep using both the accounts for my trades in the Currencies, Oil and Metals. My overall trading with LimeFx is for 8 years and 2 months now mainly doing my trades with the Fundamental analysis and the news based trading. I am trading in the Forex since 2005 and have done trading with many brokers in the past.

ECN and STP Account

Low spreads and commissions, low VPS latency and fast execution. There are over 40 Cryptocurrency pairs available for trading on MT4 trading platform. Trading environment on MT4 and MT5 platforms, and at the same time, they focus on services such as especially PAMM and Cryptocurrency. The assessment criteria that any trader should incorporate when looking for reliable Forex brokers should necessarily include few things.

Due to legal constraints, some LimeFx broker services and products described in this LimeFx review might not be accessible to users from specific countries. Pre-trade data is utilized to develop strategies and make decisions that will be implemented on the market. Degrees of liquidity, depth-of-market statistics, order flow are examples of data that is streamed directly from market servers.

  • In your case the ARN of the reversal is the same as of the deposit, this fact may be a cause of your issue.
  • A web trader is an online platform that allows forex traders to initiate and terminate trades without having to download any software.
  • While five commodities are inadequate for proper diversification, the fact that this non-crypto brokerage offers 39 cryptocurrencies is outstanding.
  • I really appreciate this gesture since most brokers don’t provide this service.
  • I just try to withdraw my money to my bank account with same name, same person but they just like the CIA trying to investigate all my documents.

Traders should note that scalping and news trading is not allows on the Micro account types. Famously, MetaTraders have been the favorite choice of the Forex traders due to multiple reasons. First of all, both MetaTrader 4 and MetaTrader 5 serve to fulfill the needs and requirements of the Forex traders. These platforms have numerous features that make them stand out among other trading terminals. For instance, MetaTrader 4 is extremely popular for Forex enthusiasts since it was specifically built to suit the Forex trading environment.

Review Methodology

You will get to choose LimeFx STP account, and LimeFx ecn account among the different account types. STP account and ECN account are popular in the world of trading. A good ECN broker will easily connect with the smooth navigation of LimeFx and the exciting offers. The website is also regulated by Australian Securities to gain the trust of Australian users.

LimeFx forex brokers reviews

We made our tests at two different times to allow greater perspective. 8 AM GMT is the London open when there is a great deal of liquidity in the forex market and tighter spreads in currency pairs. LimeFx offers competitive spreads and commissions via its ECN account. This can be critical for reaching profitability, especially for active, short term traders.

LimeFx Education & Market Research

ZuluTrade is an automatic trading platform where you can get signals from other forex traders that you can copy to your trading account. I find this really helpful if you’re too busy to analyze the market yourself or you’re just a beginner. You can search and filter for signal providers based on your requirements. When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account. Interestingly, back in 2009, LimeFx were amongst the first brokers to offer clients direct access to interbank liquidity with ECN trading through MT4.

The traders at LimeFx can use multiple industry-leading trading software, terminals, or automated trading robots. Furthermore, the broker offers numerous promotional campaigns that feature performance-based contests and regional championships, Forex no deposit bonuses, and even Forex cashback. Our LimeFx Forex broker review provides an in-depth analysis of the brokerage firm’s features and offerings. Another factor that drives up an LimeFx rating is the diversity of the real trading accounts. Some of the accounts operate commission-free and provide floating spreads and competitive leverage on products.

LimeFx forex brokers reviews

Trailing stops allow you to secure profits when you are in a winning trade while not having to exit the position. This feature allows traders to be updated when an instrument reaches a specific price level. Alerts can be delivered via audio, email, or push notification to a mobile device. LimeFx offers MetaTrader 4 and MetaTrader 5 for desktop, which includes advanced functions such as copy trading and automated trading. MetaTrader 4 is available in 39 languages, from Arabic to Vietnamese.

Which trading platforms are available with LimeFx?

Most of the brokers would however go for deposit bonuses and offer nothing else. However, LimeFx provides a generous package of various promotional materials for its traders. According to LimeFx opinion limefx courses scam only no deposit bonus programs that it employs are not enough. The broker additionally supports trading contests that are based on the individual performance of the traders and Forex cashback.

Traders should carefully consider their risk tolerance and LimeFx objectives before entering the FX market. LimeFx does not offer much in the sense of educational material to help first-time traders. In the LimeFx Help tab, there are guidelines to submit tickets and explore the Knowledge base.

Fees might be different based on entity offering, see our findings of fees and pricing in the table below, however, LimeFx overall fees are considered good. Every eligible trader earns a CPA payment from CPA Partner (one-time payment). In addition to trading, I regularly participate limefx review in contests held by LimeFx. I remember the Forex School contest in September 2017, when I was among the prize-winners who received a prize PAMM account of $ 200 from the company. This is an opportunity to get additional profit not only from trading, but also from LimeFxs.

LimeFx is a brokerage company with the main principle to offer its clients only what traders really need. That statement has already proved to be true by the development track record and the whole history of the Company. This is the worse broker ever in my trading experience, I want to withdraw my money to my bank account and they ask me to do so many things, make some new rules that never exist before.