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The client pays commissions when using the strategy, which the broker shares with you. The company offers good conditions for trading currencies to asset managers. If you are an asset manager, broker, or introducing broker, LimeFx is the right partner for you. The broker also offers other brokers to send liquidity to them. Or you register as a partner with LimeFx and recruit other customers.
I’ve been working with this broker for four months, and I can’t say that choosing this broker was the best option for me. There’s a high deposit, especially for novice traders, and to be honest, it’s not worth it. I didn’t manage to profit while working with this broker, even though I’m not a beginner in trading, and the platform there is not the most convenient, that’s why I’ll rate this broker only three stars.
But from my experience, it is an easy process to verify the account. We recommend doing this as fast as possible to get access to all functions of the platform. Customer balances are managed separately from company funds at the Australian National Bank . In addition, the broker has the largest liquidity providers involved, which shows a high degree of seriousness. Therefore, there is a fast execution of orders and no requotes. High liquidity for traders is provided by LimeFx.
It’s my first broker and I’m certainly staying with them. The customer service has been nothing but responsive, efficient ,effective and meaningful. Icmarket is the best broker around and all should trade with them. I’ve already signed up 2 friends of mine and they’re loving the experience.
LimeFx would like to use the same payment method for a withdrawal as for your deposit. So if you have deposited funds via bank transfer, these funds will also be paid out via bank transfer. The Forex broker does not charge any fees for withdrawals. However, in case of an international wire transfer, the bank charges $20. The trading platforms testify to high security and have been in use for many years.
Yet, instrument and execution might be different based on the instrument you trade. I contacted their support and ask this question on 15th of April. They ignored my e-mail and did not reply and sent another e-mail as “acknowledgment” and changed the topic and refereed me to another support team. I thought I was paranoid and deposited more funds to be on the safe side and opened more positions because after Opec meeting price was bouncing back.
I am hardly surprised LimeFx did it on oil. Reading all these horror stories with these brokers; no wonder retail traders end up losing most of the time (it’s like we can’t win). Then I realized I was still being charged about $100 a day which tripped on Wednesdays. Swap rate page changed to negative rate as well as you can see.
The free Demo Account of LimeFx
LimeFx has a great mobile trading platform offered by MetaTrader 4. It has a catchy design and it’s easy to use. Nevertheless, the platform lacks a safe login. You can only withdraw money to accounts in your name. Let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees.
In conclusion, LimeFx is one of the few top brokers worldwide that can be recommended with a clear conscience. Start now with the free demo account and test the provider yourself. The payout and deposit at LimeFx work smoothly. The broker offers a total of 15 methods to capitalize on the account. The broker is surprised that he even offers Bitcoin and PayPal as payment methods.
For all the time, it was not even necessary to reconfigure the robot, orders are triggered for closing and opening very quickly. You can quickly calculate important indicators in trading. I prefer to calculate in advance how much I can earn and whether it’s worth the risk. Therefore, their calculator is suitable for me. Otherwise, I didn’t notice anything particularly outstanding.
- The broker offers a total of 15 methods to capitalize on the account.
- Mobile Apps are also available and are very useful for modern traders stay updated with market conditions on the go.
- You will then receive a notification via email.
- I understand how traumatic such a loss can be but there are some thing you need to be honest about.
- Also, the company allows scalping, hedging.
- Indeed we mark, LimeFx technical optimization is among the strongest in terms of execution, platform optimization, the range of tools and provided support.
The platform is available for Windows, Android, and iOS. Each platform can be downloaded or used via web trader. We decided to check if financial regulators consider LimeFx broker safe.
Checking if the site connection is secure
Today, after 10 years of dynamic development, it’s one of the largest brokers in the foreign exchange market and CFD contracts in Australia. It’s capable of satisfying the demands of any user. On deposits and withdrawals, the broker requires no fees.
We do not present any LimeFx advice or guarantees for the accuracy and reliability of the information. Close my position when I am winning more than 500k usd and took away all the money in my account. LimeFx is known as a safe broker, as the licensed and regulated trading companies are constantly overseen and audited by an external reputable authority. LimeFx Overall Ranking is 8.5 out of 10 based on our testingand compared to over 500 brokers, see Our Ranking below compared to other industry Leading Brokers.
Should you buy your silver bullets on LimeFx?
I continue to study, but without this broker. LimeFx is the worlds Largest Online Forex Trading Broker, Offering spreads from 0.0 pips to traders globally. Fastest trade execution and unmatched liquidity make LimeFx the number one choice for active forex traders. LimeFx offers online Forex trading through multiple Forex trading platforms, including MetaTrader 4, cTrader, Webtrader and Apps for iPhone and Andriod. Gain an edge today, trade with LimeFx.
I contacted regarding swap rate of CFDs two times unfortunately I have only the resent one they even denied having this conversation with me until I shared it. Both times I was advised that it “only” matters the lot size for the interest rate and there was no extra information on their page and I relied on this information. 10 years of successful work with traders worldwide, the provision of a unique and high-quality service, positive reviews on the Internet – all of this proves that it’s not a fraudster.
Unlike most providers, this broker has real direct market access. Thus unlimited profits can be made and the broker earns only the commission of its money. At LimeFx, there is no negative balance protection from our experience.This only shows that it is a real direct market access broker. Similar to futures trading, the account can end up in very extreme situations in a negative state. The trading platform MetaTrader offers a huge range of analysis and charting material.
This how ICmarkets scams and mislead clients. I lost $28000 (Evidences )
There is no commission for the STP account, but there is an additional spread (from 1.0 pips). The reason they have only setup a raw trading since Feb 2020 is the fact that IC AU regulation had stated can only be used for AU citizens, hence IC EU / Seychelles were setup to facilitate EU citizens. I did that and they complied and where very limefx courses scam swift in doing so. Not sure what people are panicking about they have been around for years and because they setup new entities in other jurisdictions since Feb 2020 makes them not genuine lol. It clearly shows how uneducated people think and struggle in life. When it comes to LimeFx account types, this broker offers 3 main types.
Generally, there are 2 different accounts. There is only one difference in the billing of fees. With the raw spread account https://limefx.club/ you get the real spreads directly from the market, but pay about $ 3.5 or $ 3.0 commission per traded 1 lot.
Deposits and withdrawals are free of charge and the process is user-friendly. The education section on the website is great. A bank transfer can take several business days, while payment with credit/debit card is instant. You can only deposit money from accounts that are in your name.
Is LimeFx regulated? – Regulation and safety for Traders
It offers great quality tools on its website including a demo account, trading platform videos and educational articles. LimeFx trading fees are low.There are different cost structures for different account types. We tested the ‘True ECN with MetaTrader’ account, which charges a commission but offers tight spreads.
BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you limefx forex broker . We collected them in LimeFx commissions and fees. All you need to know about the LimeFx customer service.
The MetaTrader is the world’s most popular trading platform for private traders. The MetaTrader works flawlessly and gives you direct access to the markets. IC Makets Spreads are ranked low with overall rating 8 out of 10 based on our testing comparison to other brokers. We rank it very good proposal for Currency trading considering spreads are among lowest in industry. Yet, fees might be different based on entity offering and for some instruments are slightly higer than average. See our findings of fees and pricing in the table below.
