I mean, it has a history full of milestones and awards, so it indicates broker’s reputation in the trading circles and, of course, reliability. All instruments are within just ONE account, it’s remarkable. Finally, the company’s commitment to helping traders gain new knowledge and then apply it on practice is also notable.
Tools
This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Our team highly rates LimeFx’s forex offering, which includes 72 major, minor and exotic currency pairs and is on par with competitors like OANDA, which offers 68 pairs, and Forex.com with its 82 pairs. Applications for Corporate trading accounts should be submitted when a Legal or Registered Corporation intends to open an account.
The World Best Trading Account
As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills. Well, I was a little confused by fact that this broker doesn’t allow me to choose trading conditions but offers only one available option. These trading conditions are ideally suited to trading system that I use. These trading conditions seem to be favorable, which means that they will suit many traders as well as me. Most likely, this is why this broker has only one option for trading conditions. ECN XL, also known as the ZERO account is one of the most cost effective trading accounts.
The bonus
Having tested hundreds of forex brokers, I feel that the LimeFx’s education section is fairly average, with a decent range of materials available but nothing that stands out. Our team rates LimeFx’s execution model, which combines straight-through processing (STP) and electronic communication network (ECN) to ensure fast and high-quality execution with low pricing. During tests, the EUR/USD came in at 0.1 pips, which is tighter than rivals like LimeFx with its 0.6 pips on the same pair. Spreads on other key currency pairs are also competitive, coming in at 0.5 pips on the EUR/GBP and 0.7 pips on the GBP/USD.
- Being ahead of the curve; knowing the timetable of economic releases by way of a calendar, is an absolutely vital aspect to support trading performance.
- I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law.
- They have given me a much better understanding of what is actually happening in the market and how I can really use them in practice.
It’s good to know that your funds are safe and sound while you trade. Because I get enough stress at trading, so I don’t limefx forex brokers reviews need it outside of it. It’s a good broker for intraday trading because trading conditions allow to earn on every move.
According to LimeFx, many of the procedures the broker has adopted “go beyond” the basic rules and regulations imposed upon it in various countries. The broker monitors all financial requests, making sure that they are safe. LimeFx provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads.
To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. LimeFx was launched in 2010 by a group of forex experts aiming to create a competitive and supportive trading experience for clients through transparency and high trade quality. Another bonus for us is the $0 minimum deposit and 0.01 minimum lot size, which makes LimeFx more accessible than forex brokers such as Plus500 and AvaTrade, both requiring a minimum deposit of $100. Despite offering crypto trading 24/7, LimeFx does not offer 24/7 customer support. If you are planning to trade crypto on the weekend and encounter any issues, you may only contact support on the coming Monday. If this is a concern for you, there are brokers like LimeFx who do offer 24/7 client support and crypto trading.
MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. LimeFx clients can trade forex instantly, taking advantage of live streaming, best executable prices in the marketplace, with immediate confirmations.
LimeFx uses a no-dealing desk model and does not act as a market maker, reducing the risk of price slippage or a conflict of interest by the broker. I like LimeFx’s floating spread pricing model, which rivals the cheapest zero-commission brokers that I have reviewed. Tight spreads increase the viability of short-term trading strategies, while the no-commission model makes trading with LimeFx simple for beginners.
Our dedicated support team is here to support you and your clients’ 24/5. Click here to read the LimeFx Affiliates Program Terms and Conditions. The MT4 MultiTerminal successfully combines market leading functionalities that combines effective trading of many accounts and with exceptional usability. The programme interface is similar to that of the MetaTrader 4 Client Terminal. It is a very simple innovative and intuitive process, that any trader familiar with using the MetaTrader 4 Client Terminal, can easily get acquainted with quickly. Launched in 2006, the MetaTrader 4 MultiTerminal is a now a respected and revered component of the MetaTrader 4 Online Trading Platform.
This is especially true if you plan on trading physical cryptocurrencies or any of the commodities traded https://limefx.vip/ through CFDs. MetaTrader 4 Multi Terminal is intended for simultaneous management of multiple accounts.
I would always prefer to use a regulated broker as they can provide certain protection that an unregulated brokerage firm cannot. I am personally satisfied with this brokers regulation and wouldn’t have any problem using them for my trading. If you would prefer some more top-tier regulators, then you might want to consider City Index as an alternative option. In addition to the aforementioned Forex ECN XL trading account, LimeFx also offers a VPS and depending on regulation – deposit bonus. Clients can trade using a Virtual Private Server, which LimeFx says can give them three main advantages, including accessibility, security, and speed. Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (LimeFx) decided to build on their vast market experience to become the most customer centric forex broker in the business.
I had an experience with different brokers but they were kind of dubious ones. I need my funds to be safe.There is no problem with regulation at LimeFx. Broker is regulated by CySEC and that means something.And one more thing that I find useful is numerous ways of deposit/withdrawal. Bank cards, bank wire transfer and a lot of alternative payment methods are available.
