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As the Ask price went above your stop level, the trades were executed correctly. Please do not hesitate to contact Customer Support if you require any further information on this. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey. In STP accounts the broker’s trading commission is included into the spread.
LimeFx Platform is ranked good with an overall rating of 9 out of 10 compared to over 500 other brokers. We mark it as good being one of the best proposals we saw in the industry, and a great range including MT4, and MT5 suitable for professional trading. Also, all are provided with good research and excellent tools. According to the statistical data over 90% of all transactions on the retail Forex market are conducted via Metatrader4, also MT5 is available for your choice at LimeFx as well. Based on our findings, LimeFx provides a range of top-grade desktop, web, and mobile trading platforms including MT4, MT5, and TickTrader.
Moreover, client funds are held in fully segregated bank accounts in the UK and protected up to £50,000 by the FSCS. 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. It’s important to note that LimeFx has specific withdrawal policies, which may include minimum withdrawal amounts, processing fees, and processing times. Make sure to read and understand these policies before making a withdrawal request. If you have any questions or concerns, contact LimeFx’s customer support for assistance.
Demo accounts are used by both new beginners and experts in forex and CFD trading maybe for different purposes. The STP account, on the other hand, is characterized by tight spreads as well as the absence of commission like the micro account. Here, 50 currency pairs are provided as well as sculpting and HFT welcome options are available. The minimum deposit to open the STP account is $10 and the option to trade with a micro lot is also present. However, because the broker is regulated by the ASIC and FCA, there is a high chance that it is not a scam.
They have very Good and International Support for Small traders like me. The funny thing is that many of the positive reviews on this site are by LimeFx employees. As i prefer to do scalping this broker is best suited to me and i did not face any problem in dealing with them since 4 years. I placed a withdraw request of 1200USD using Web Money and it was done in under 2 hrs which allowed me to get the money in cash in my place in local Bank account. They are True ECN so i did not get any slippages in my orders which are executed on time and never face any re-quotes. Since i am an Intraday trader for me what matters the most are the spreads and the timing of my trades.
Broker by Country
If you want to trade with solid broker and get good trading conditions, I can help. Thanks to constant data update, Follower account holders can observe the growth of PAMM account gain in real-time. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs.
ASIC is amongst the most respected regulators due to strict regulations that give protection to traders through its policies that companies such as LimeFx must comply with. I would feel completely secure with my funds by using an ASIC regulated broker. Between 74-89% of retail investor accounts lose money when trading CFDs with this provider. However, these tests are not as easy as they might sound like. If a company does not have a license, it means that the company is UNAUTHORISED and not fit for trading.
How to Open LimeFx Live Account?
However, it may not be the best option for traders who prioritize extensive educational resources or a wide range of payment options. LimeFx is a forex broker that provides online trading services to clients around the world. Founded in 2005, the company is based in the UK and is regulated by the Financial Conduct Authority . In addition to forex, LimeFx offers trading in other financial instruments, including cryptocurrencies, metals, and commodities. They are not the only brokers who are turning deposits and withdrawals into a stream of income.
The Financial Commission provides a dispute resolution mechanism and financial compensation fund for customers of member brokers. However, The Financial Commission is a corporation, NOT a regulatory body with the power to make or enforce regulations. Potential clients are urged to proceed with caution if dealing with the LimeFx Markets Limited, and should instead consider the UK or Australian arms of LimeFx.
LimeFx Commissions & Fees?
LimeFx customer support is available 24/5 via online chat, telephone and email. I would’ve preferred a 24/7 chat availability but 24/5 is what you will find from most brokers. However, you can get 24/7 support with some other brokers including Bold Prime.
- Even though LimeFx may serve as the counterparty, this is similar to the model used by many other brokers that serves to minimize the conflict of interest between the trader and the broker.
- All data for both Bid and Ask prices is available on the trading platform, as we are 100% transparent with our pricing.
- I have deposited and withdrawn many times also with no issues.
- GO Markets provide Autochartist and Trading Central which are fantastic for trading signals.
LimeFx companies operate in Australia, Saint Kitts and Nevis, the United Kingdom, and Cyprus and have representatives in a number of other countries. Based on our Expert research, it is a regulated broker by top-tier authorities like FCA and ASIC and is considered a low-risk broker for Forex and CFD trading. For the Cons, the education section with trading videos or webinars is not so rich, beginners better look for other brokers. The latest LimeFx review suggests that the company operates illegally and without a proper financial regulatory license. It’s important to note that trading always involves a degree of risk, and you should only trade with funds that you can afford to lose. Always do your own research and analysis, and seek advice from a qualified financial professional if you have any doubts or concerns.
Platform
However, if you are new to trading, then you might want to take a look at ActivTrades as they provide comprehensive market analysis and one on one training. 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 limefx 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.
This account has no limitations on trading styles allowing for scalping, news trading, automated high frequency trading , expert advisors and hedging. To start using ZuluTrade, you need to provide your name and LimeFx account number. They will then send LimeFx a signed Letter of Direction , authorising ZuluTrade to perform automatic trading in your account. It is very important to note that past signal performance is by no means a guarantee of future performance. There is an economic calendar that allows you to keep up to date with the latest market news. Each news release displays a volatility impact expected along with the actual, consensus and previous results.
Whether that was a live chat, email, or phone contact, you’ll have specialists supporting you 24/5. This is exactly what the broker here has made sure to provide in order to satisfy the needs of their clients. Withdrawal methods include e-wallet options like Pay paid and Fasapay, where a commission of 2% for the former and 0.5% for the latter. Different options for funding are available which supplies a great variety for the traders to choose the best and easier way for each client that matches their use and requirement.
They cover multiple markets with detailed write ups and explanations that are supported with clear chart annotations. You can use them to get potential ideas for trading opportunities and to keep up to date with the latest market insights. LimeFx offer a free VPS to clients who maintain an equity of at least $5,000 or trade $10m in volume each month.
I guess my stroy is not unusuall in this business, and it is also a warning to all of you to use reliable brokers. Please don’t just scream “CompanyX is a scam!” It is much more useful to say “I can’t withdraw my money from Company X” or “Company Y is not honoring their limefx official site refund guarantee” in the subject line. Is for general discussions of a financial company or issues related to companies. We strongly advise you to only deal with financial firms that are authorised by us, andcheck the Financial Services Registerto ensure they are.
LimeFx Markets Limited operates through LimeFx.com, is registered in Nevis under the company No. During these years i have been making consistent income from my trading. When i started trading i was using Webmoney for both Deposits and Withdrwals but in the year 2018 i shifted to Bitcoin as it was easy for me to cashout.
Overall, I found them to be on par with competitors such as HYCM. LimeFx is an established online trading broker founded by a group of traders in 2005. Since then they have grown to become one of the leading brokers across the globe with over 1 million accounts opened in more than 100 countries. They have ECN liquidity which ensures you get https://limefx.vip/ tight spreads and fast trade execution speeds. There are low commission fees across multiple instruments and markets including CFDs on Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals & Energies. LimeFx has been operating since 2005 and has built a good reputation in the industry, with positive reviews from many traders.
The main motive of Scam Victims Help is to identify the scam brokers in the market and let the traders know about their scam activities. We warn traders to stay away from scam brokers if they want to keep their hard-earned money safe from scams. Best broker for trading in the Crypto currencies, Forex and Metals for both the newbie traders as well as the experienced Forex traders. As a Full time trader i can say that LimeFx Markets is a good ECN Forex broker and it has allowed me to do my trading with profits. I have made more profits with this broker so i would recommend them to anyone who wants to trade in the Forex markets.
