You will need to complete the online registration form before submitting your ID documents for verification. You will then be able to set up your login details and download the MT4 platform. As a regulated entity in the EU, LimeFx follows the Markets in Financial Instruments Directive (MiFID) which oversees investment services across the European Economic Area. Crypto payments are also accepted in several major coins such as BTC, ETH and USDT.
- The MultiTerminal is intended for simultaneous management of multiple accounts.
- 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.
- Catch a glimpse of this LimeFx forex review before trading on the most popular trading platform.
- LimeFx Forex trading platforms, like most ECN brokers, are based on a highly regarded MetaTrader4.
- Major Currency pairs, commission fees, data contained, trades, interest rates, complex instruments, open trades, log-in details are regulated by exchange commission Cysec.
LimeFx is a trustworthy and legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most reputable financial regulators. In the European Economic Area (EEA), the broker follows the guidelines laid down by the Markets in Financial Instruments Directive (MiFID). It is unlikely that scams or fraudulent firms are operating under the company’s name. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit.
Spreads & Commissions
The brokerage offers ECN trading executions, spreads from zero pips and no commissions. The brand is also well-known for its welcome bonuses and trading deals, including a free VPS. As mentioned above, about 30 currency pairs are available on Standard and XL accounts, and around 70 – on Advanced Account.
Suppose the customer wants to keep in touch with currency prices remotely. In that case, he can download or install mobile apps like currency converter apps for various digital services like tablets, mobile phones, and laptops. Thus using these mobile apps, the customer can earn good money on forex trading and offers a great advantage on trading experience. As per many online LimeFx reviews & research, we can say that LimeFx provides traders with a commission-free trading environment as well as spreads that are reasonably competitive.
Clients will also need to pay rollover fees as well as a $5 dormancy charge on accounts that have been inactive for 120 days. This includes trading opportunities on the Dow Jones and NASDAQ in the US, the FTSE in the UK, plus the CAC in France. Both in the VFSC registry and on the website of the Cyprus regulator there is a provider page confirming a permission to carry out brokerage activities. When you open it, you will need to indicate and confirm the e-mail (an e-mail with a link will be addressed to it), and then a username and password to enter your account will be available. All that is left to do is to download the terminal to a computer or mobile device. Traders of gold, silver, and palladium can trade against their preferred currency.
The advertiser is empowered with marketing resources like banners, landing pages, widgets, logos, all embedded with a personal tracking ID. The main aim is to start promoting the LimeFx broker website by driving traffic to their websites. It has a competitive, regulatory environment for overseas clients, thanks to the Vanuatu Financial Services Commission (VFSC). Traders from the European Economic Area manage their portfolios through a Cyprus Securities and Exchange Commission-authorized subsidiary (CySEC).
FX Central Clearing Ltd bonuses
Founded in 2010, LimeFx forex broker provides a manipulation-free portal and conflictless trading. The trading platform is an STP/ECN brokerage company, providing its customers with direct access to the ECN model. LimeFx, a CySEC-regulated broker, offers clients access to a liquid Forex market (ECN). All of its clients have the same level of access, and all deals are completed instantly with no delays or re-quotes.
Well balanced brokerage
The simple fact that LimeFx has been providing its services since 2010 continually tells a lot about the credibility of the company.I used to pay attention to the background of any entity first. Specifically if it’s the financial company where my money is involved. I have to double check and make sure everything is clear and legal.With LimeFx no questions arise in this matter.
Why Partner with LimeFx
You do not have to worry about trade stocks, clients’ funds, account equity, trading fees, trading environment, trading performance, retail clients, and more. Companies often charge deposit fees to finance their trading activities and also as a means of making money. The main purpose of these fees is to ensure that no traders can withdraw their funds while they are still in the market, which would result in unfair trade. Deposit Fees vary from company to company, so it is important for traders to know how these work before opening an account with any firm or platform. LimeFx has been in business for over a decade, and its knowledge of the sector has earned it a favorable reputation.
Counter-parties execute customer orders, stops, limits, and trades, putting LimeFx firmly on the client’s side. The LimeFx broker offers a lot to its clients, such as favorable trading conditions, instructional materials, and the MetaTrader https://limefx.biz/ 4 platform. LimeFx offers reasonable currency spreads, transparent pricing, and the ability to use any trading technique. According to the LimeFx review, the website is authorized and regulated by Cyprus Securities and Exchange Commission.
I like a lot of stuff about LimeFx, including their speed in order execution. As a regulated broker, LimeFx maintains a solid regulatory environment complying fully with financial laws. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
Real money is traded with proper market conditions through multiple devices. Past performance, central clearing, major pairs, small deposit, lowest spreads, risk appetite are all valuable along with the regulatory restrictions. LimeFx broker is not a dealing desk broker, and online trading of a financial instrument on mobile devices can be done. Unlike Dealing Desk brokers, LimeFx brokers do not accept the opposite side of deals.
Traders using the MetaTrader 4 Mobile App enjoy powerful functionality for trading Forex at anytime and anywhere on the planet. An entire library of analytics and trading options is available for mobile devices. Also, an additional entity LimeFx serves is located in St. Vincent & the Grenadines . Being an offshore zone St. Vincent & the Grenadines does not define strict obligations to its financial registered firms, which may be a risky investment in case the firm is only based there. However, since LimeFx is additionally authorized by the European regulator it is considered to be safe to trade with them. It is a liquid pool of institutional partners providing true market quotes.
User funds are also segregated in separate bank accounts at leading international banks so your money is safe from scammers. The MT4 mobile app allows you to connect to your investing account from anywhere. The state-of-the-art platform receives good feedback and reviews online for its easy-to-use interface limefx review and reliability. Eight cryptocurrencies are provided, including Bitcoin (BTC), Ethereum (ETH), and Monero (LimeFxR). The minimum contract size is 1 of the respective token, for example, 1 BTC. A Multi Terminal option is available for investors who wish to manage multiple accounts on the same platform.
Gold dealers, for example, can conduct transactions in dollars or euros and vice versa. Bitcoin, Zcash, Dogecoin, Bitcoin, Ethereum, Altcoins, and Dash are all available for trade. Metals are a group of chemical elements used to make everything from coins to cars. Traditionally, many metals are considered valuable treasures because they can be used for trade or as money.
How Do I Open An Account With LimeFx?
Here let’s have a look at some alternative brokers that we reviewed. You can now boost your income thanks to our high quality financial products, competitive and flexible trading services and stable technology platforms. The LimeFx Affiliate Program is one of a kind, customized based on research and the needs our valued partners raised over the years. I think it’s a trustworthy broker from what I understand in the forex industry.
Once your application is approved, you will get full access to our Partners Hub and receive your referral links. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives.