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 believe that having access to a thorough, comprehensive and detailed economic calendar, is extremely important. I would always like to check a calendar prior to taking any trade decision. However, the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform.
Deposits & Withdrawals
This type of trading model levels the playing field with more transparency and a greater degree of control over your trades. LimeFx maintains one of the cheapest Forex cost structures available, with commission-free quotes from 0.0 pips or $0.00 per 1.0 standard lot for the most liquid currency pairs like the EUR/USD and the USD/JPY. The average spread for major currency pairs is below 0.5 pips or less than $5.00 per lot, offering traders a distinct pricing environment advantage. While they could make some more account options, the only account available fits all kinds of trading strategies.. It is worth mentioning that they don’t charge trading fees,, which is rare for an ECN account.The only platform available for trading is MT4, keep this in mind.
Top Features
I am satisfied with LimeFx’s forex research offering, which includes a blog with regular articles and posts highlighting promising opportunities as well as general tips on trading. Although LimeFx does not offer an extensive suite of forex tools, I am satisfied with the inclusion of a free Virtual Private Server (VPS). This works extremely well with MT4’s expert advisors for automated trading, and I frequently make use of it when trading on LimeFx. Islamic traders will also be pleased that a swap-free account is available upon request. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. Those looking to trade metals can choose from spot gold, spot silver, and spot palladium, all versus the US dollar or, in the case of spot gold, the euro.
How To Open A Demo Account
You just need to click on the ‘Register’ button at the top-right corner of the brokers website. You will be required to fill in the account application form with your details and may be asked to provide some KYC documents in order to verify your account. This is pretty standard procedure when dealing with a regulated broker as they must follow AML policies. limefx scammers I like how the process is all done online and shouldn’t take you more than a few minutes to complete. 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. However, this is not a unique feature and something that you will find most brokers provide nowadays.
I can picture my collaboration with the broker is mostly positive for me. There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news. LimeFx holds a regulatory license from the Cyprus Securities and Exchange Commission (CySEC). It also operates an unregulated but duly registered subsidiary in Vanuatu, where most international clients trade. Here is a screenshot of the LimeFx quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads.
LimeFx 100% First Deposit Bonus
- What’s more, very often I see that spreads is very close to zero on my favorite assets and it encourages me to trade more actively and practice scalping.
- We are unwaveringly devoted to fostering our clients’ prosperity, presenting competitive pricing through the most equitable and transparent order process in the retail forex trading market.
- The technical support is good and it is noticeable that there are competent guys working.
- It is relatively straight forward process to open an account at LimeFx.
- Minimize your trading expenditures and unveil your trading potentials!
I am still not sure actually whether or not I will be transfering here all my capital. But this platform has none of the major trust problems, reliability issues, dubious questions about withdrawals and deposits. Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet.
Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. However, bank cards and wire transfers take up to five working days. 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 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. EeziePay and AWEpay process both deposits and withdrawals instantly, however you should be wary of currency conversion fees.
I’ve never experienced a broker like this one , I get my withdrawals same day with BTC. Trading conditions and execution time is out of this world.What mostly makes me happy the most is the 0 spread and zero commission. As a day trader this has remarkably increased my perfomance. My only disadvantage is that you are limited to 50 lots per trade so you have to open multiple orders.
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. I usually check their daily technical analysis and take advantage of some articles published in traders corner blog. All in all, this set of conditions led me to where I am – to LimeFx broker. The diversity of financial instruments which this company offers to customers is really huge.
As far as investor features go, traders will find a lot offered, including a wide range of products, the MetaTrader 4 platform, Forex tools, and Forex offers. In fact, there are not a very large number of real ECN brokers who would offer decent trading conditions.I think LimeFx is one https://limefx.group/ of those brokers. I used to trade with another broker, but their spreads and commissions ate more than 20% of my earnings. Here I have a totally different situation – I practically do not notice any spreads or commissions…There is also one more detail that is very important to me.