The brokerage is owned by Cedar LLC and based in St. Vincent and the Grenadines. Spot opportunities, trade and manage your positions from a full suite of mobile and tablet apps. All services are month to billed month, and you may cancel at anytime. The brokerage doesn’t specify the list of countries supported with the LimeFX Exchange.
Our gain and loss percentage calculator quickly tells you the percentage of your account balance that you have won or lost. Find the approximate amount of currency units to buy or sell so you can control your maximum risk per position. On the other hand, I find in some currencies spread is higher than other brokers. Solid broker, very helpful, great information and masses of trading opportunities….. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.
LimeFX processed withdrawal within a day, even during the weekend. Initially, I made a small deposit to find out how they are. The main reasons I chose them is for the wide range of assets the offer – it’s great to have access to crypto and stocks on the same account.
Get easy access to Cryptocurrencies, Stock Indices, Commodities and Forex markets from a single account. Be one step ahead and Improve your trading results with our industry-leading technology. PrimeXBT has received multiple international awards for providing superior online trading services globally. We provide our clients with the most innovative products and access to a wide range of markets. Benefit from low fees, fast order execution, and advanced platform features to increase your profitability. Our platform is designed to protect funds and personal data better.
Use any trading platform and expert advisor or trading robot with our VPS service. LimeFX maintains a revolutionary approach with contracts-for-difference or Forex with the live spreading service. These spreads are updated in intervals of ten seconds, with their values being highly valuable. The result is lower spreads during times where the market remains calm.
- Furthermore, you can set the base currency for your trades to USD, EUR, GBP, or BIT.
- Spot opportunities, trade and manage your positions from a full suite of mobile and tablet apps.
- This also applies to the Commodity and Futures Trading Commission.
- These forex brokers have an online presence in the form of an official website, and they target smaller traders who wish to operate in the forex market on a margin basis.
However, these are not enabled by default, and you will need to contact their customer care to enable it for you. The idea of making 10X on your money in a day is obviously something that would entice the masses, and so it naturally attracts a lot of bad actors into the financial products space. You’ll learn whether forex trading is the right type of business for you. There is only one trading platform and one account type available. The Meta Trader 4 trading platform supports automated trading.
I have been using LimeFX for last year…
But if you mess up and miss a trade even once, your month can turn sour pretty quickly. But for purposes of this review, let’s assume these people had the best of intentions. Maybe you’re even looking for a quick turnaround on some of your cash instead of waiting years or decades for it to double. They have no clue what it’s actually like to run the type of business LimeFX is teaching you to do. All I really wanted, was to actually enjoy life – more vacations, less stress, buy myself nice things without worrying about the cost… but that was something my 9-5 couldn’t provide me. To a lot of people that’s a dream, but to me… something was missing.
- Which does make since on how I place a buy on gold and it gaps down immediately and I look on another platform and it hasn’t moved down or up.
- The offer is eligible for Trade.MT4, Trade.MT5, Invest MT5 accounts.
- 3 account types, 33 Forex currency pairs, precious metals, equities LimeFXs.
- During times of peak, the volatility of these spreads increases quickly.
That was until a few years ago when I discovered a way to make money online by actually helping real people. Stay up to date with the financial markets everywhere you go. Therefore, we can easily recommend LimeFX and its trading platform to your readers.
More experienced traders may also use demo accounts to improve their trading strategy. A real-live trading account may be opened when you’re limefx forex brokers reviews ready. In conclusion, the trading conditions offered by LimeFX are perfect for forex traders, especially beginners and scalpers.
The number of accounts opened in LimeFX by clients from almost 190 countries has exceeded 1,500,000 as of today. One of the key factors of successful trading is the correct choice of a company where you’ll open an account and do your trading. We’d like to highlight some of our advantages that can make trading financial markets easier, more effective and more convenient. 3 account types, 33 Forex currency pairs, precious metals, equities LimeFXs. Mobile MetaTrader terminals make it possible to trade anywhere.
It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBrokerReport.com has some data verified, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers in the term of commission.
This review is written based on my own experiences with stock trading. The only other commission type you’ll sometimes need to pay at LimeFX is the overnight swap, and that’s only if you decide to leave your positions open for longer than one day. It features a pleasant and modern-looking color scheme, and doesn’t shy away from visual decorations whenever it’s necessary. But more importantly, you can find pretty much all details about how trading is done at EaglesFX. Arguably the most important thing you need to make sure of when choosing a certain brokerage is how reliable it is.
NewsWikiFX report: How and why LimeFX became the leading online forex broker
LimeFX is a Forex and cryptocurrency STP broker that offers trading CFDs on hundreds of assets and optimal trading conditions on the MT4 platform. There are no slippages, requotes, or price fluctuations with STP trading since there are no middlemen between the trader and the liquidity provider. As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your… Spreads and fees will be on every trading product so it’s really important to know how much every trade taken is going to cost you as a trader.
Traders should be aware that unregulated companies typically do not offer much, if any, client protection. This rate can be adjusted to accommodate lower trade amounts. For example, https://limefx.club/ if you entered a micro-lot trade (0.1 lot), the charge would be $0.6. The maximum lot size for some of the most well-known players in the online forex sector is set at 100 lots.
I haven’t noticed any shenanigans with the candles like you see with some other brokers. Deposits and withdrawals don’t have any fees and are quick. My only gripe with them was their high spreads on Gold and exotics like pound/yen, but those spreads have improved dramatically recently. You must understand that Forex trading, while potentially profitable, can make you lose your money. I discovered this broker a couple of years ago and had been using them predominantly for crypto trading. Since the new laws in Australia came in, heavily restricting leverage, I have now moved over my FX trades and EA too.
Only limited amounts of these coins, intended to assist quick withdrawals, are kept on the broker’s servers. Unlike most other forex brokers, Eagle FX requires you to contact their support team to obtain this limefx broker reviews information. The Meta Trader 4 platform is used by LimeFX, which does not yet have its trading platform. You should know that the MetaTrader 4 trading platform was originally designed to trade Forex.
This broker accepts U.S. clients and is regulated in the U.S. by the Commodities Futures Trading Commission and the National Futures Association . LimeFX also has oversight from regulators in 6 major world jurisdictions through its subsidiaries. The upgrade process is very easy and only requires a simple restart of your VPS. All of your data and configurations will remain the same even after the upgrade is completed. No, all of our services are on a month to month billing cycle by default.
Also it’s good to be able to hold your trading balance in BTC for long term growth. I used their demo account first and got plenty of practice before placing any real trades. Forex traders can make money on a currency transaction in 2 ways.
Offer of the month
Subsequently, players have comprehensive analysis’s that provide better insight into price movements. Below we’ve analyzed all the services and features provided with the LimeFX Trading Exchange. This is unlike most other online trading platforms and brokerages, which provide a selection of live trading accounts geared to the different classes of high-volume and typical investors.
After setting up and using a demo for the start to try out there services and trade executions, every thing was good and customer service was nice. Moved over to a live account and traded crypto on there platform. With the good amount of trading options and spreads i moved over to use them as my main trading account for 14 months now. Fast withdrawals and easy platform and the leverage is better then most others out there.
Ratings On Other Platforms
However, selecting the demo account limits the services acquired in comparison to the live trading account. Most exchanges maintain a time limit with the demo account, but LimeFX allows them to remain open forever. It should be noted that demo accounts use virtual funds, meaning that real trades cannot be executed. However, for traders that want to educate themselves on trading, the demo account is the perfect opportunity. These demo accounts can be acquired through the Windows, Android, Mac or iOS software platforms on LimeFX.