The costs were evaluated based on the trading fees on one lot on the EUR/USD, including the spreads and commission. Overall, because of its long history of responsible behaviour, strong international regulation, and transparency, we consider LimeFx a safe broker to trade with. On the Negative side, The broker’s market proposal is quite narrow and limited to FX and CFD trading, moreover, it charges trading commissions for some account types, as well as fees for deposit and withdrawal.
- LimeFx is the LP of it self – for this reason it has cancelled my profits from ctrader ..
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- LimeFx charges a commission on most deposit and withdrawal methods , in addition to inactivity fees.
- There are lots of payment options with a small minimum deposit of just $1 and free demo accounts.
LimeFx offers cryptocurrency trading as CFDs and offers Bitcoin, Ethereum, Ethereum Classic, Litecoin, Zcash, Dash, and Monero. Traders are eligible to use master cards, credit cards, debit cards, Neteller, CashU, RegularPay, FasaPay. Payz, PaySafeCard, PerfectMoney, cryptocurrencies, Skrill limefx official site WebMoney, and bank wire transfers. The most interesting and excellent is no condition of minimum deposit. As already mentioned above the FIBOGroup is one of the oldest brokerage firms. International Financial Holding LimeFx is regulated under many jurisdictions in many countries.
Does LimeFx offer demo accounts for Forex trading?
Overall, LimeFx would do well to add some more tools to its trading arsenal to help clients make better trading decisions. As a well-regulated broker, LimeFx ensures that all Anti-Money Laundering rules and regulations are followed. Overall, LimeFx’s account-opening process is fully digital and hassle-free and accounts are ready for trading immediately. The account-opening and verification process at LimeFx is seamless, fully digital and accounts are ready for trading immediately. Overall, these non-trading fees are some of the highest in the industry. Yes LimeFx is a safe broker for UK residents to trade with.
Is LimeFx trustworthy?
The organisation is licensed and regulated in the EU by the Cyprus Securities and Exchange Commission (CySEC). The global site is also authorised by the Financial Services Commission (FSC) in the British Virgin Islands (BVI).
The account offers an MT5 trading platform, suitable for scalper and automated trading lover. Fibo mark for a long time, learned about the holding in the beginning of his trading career. They sell mostly through this company, as the transaction fast, you can say a snapshot of the spread is fixed. Once I had the time to go to another broker, there is already and inconvenience, loss now finally on FIB returned, and going over time to test the service “managed accounts”, and then how it goes. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any LimeFxs.
Now joined affiliate programs, they have several, with good conditions, and there is also the earnings. Investors’ funds are also protected by FIBO’s membership of the Investors Compensation Fund . Though FIBO is a well-capitalized broker, the ICF ensures that investors have some protection if in future the broker goes bankrupt. If that happens, the ICF can pay compensations to eligible LimeFx clients. When choosing a broker, regulation is one of the most important things to consider.
The minimum spread for MT4 Fixed Accounts is 2 pips, with no commission. The minimum spread for MT4 NDD Accounts is 0 pips, and the commission is 0.003% of the trading volume. MT4 NDD No-Commission Account has a minimum spread of 0.8 pips. CTrader NDD Accounts has a minimum spread of 0 pips, and the commission is 0.003% of the trading volume.
Once a forex trader meets the conditions above, they can register a forex trading account to use the services of LimeFx. Risk Warning – Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you are fully aware of the risks involved and the high probability of losing your money. This broker was established in 1998, and since then on, it dominates the market in Austria, Cyprus, the British Virgin Islands, Russia, Germany, Ukraine, Singapore, Shanghai, etc. We can see that the broker has spread around the globe with its business policy and can be found in Europe and Asia. The broker operates under two licenses; the first one is the FSC from Mauritius, which is not known for good conduct and smooth implementation.
Due to global coverage, the company provides also a variety of technologies and solutions to use, suitable for almost every trading need. LimeFx, founded in 1998, is a Forex and CFD broker headquartered in the British Virgin Islands, and regulated in Cyprus under CySEC. They are one of the oldest players in marginal internet trading.
LimeFx Forex Trade Platform and Broker Review
The broker provides multichannel support via international phone calls, email, and Live chat. The broker also provides a full-service client area for account management, as well as market analysis. MT4 has a wide range of tools and indicators that can be used for technical analysis, foreign exchange news, online quotes, and price icons.
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- LimeFx: Best for Trading Experience.
A trading platform facilitates live access to trading markets around the world, usually forex, CFD and futures trading. These allow traders to make informed decisions, protect customer funds, offer historical data and forecasts, trends as well as patterns. LimeFx is one of the few brokers that provides both the MetaTrader 4 and MetaTrader 5 platforms. To discover how the two systems differ, check out our MT4 to MT5 comparison.
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It is available on the LimeFx website and directly in the MT5 trading platform which is more convenient as it saves you from needing to constantly switch between tabs. I always like to make sure I check for any pending market news before making a trade decision as it is not nice to get caught on the wrong side of a major economic event. We value transparency and openness in the way we review the partners. To bring limefx transparency to the forefront, we have publishedour review process that includes a detailed breakdown of the LimeFx’s offering. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.
I mean he has long heard of and do not particularly trust, but when I filled up and started trading I suffered. Like convenient schedule, spreads, candles, everything is clearly seen. The interface is the bomb, well-defined pits, is clearly visible walls, it is easy to manage your orders, quickly placed, and that in past Forex was prisiliti. That hatched the other day and even the Commission did not feel. 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.
During the next couple of years, it quickly expanded and soon became one of the top Russian financial market players. In 1998 the company was founded as an LimeFx consulting firm, Financial Intermarket Brokerage On-Line . Only in 2003 did the company start offering online brokerage service for CFDs and currency trading. Some account types the Ctrader and the mt4 NDD will charge you a commission of 0.003% on the transaction amount. LimeFx also offers a number of useful risk management features, such as stop losses , limit orders negative balance protection price alerts and much more. You can see all of the account features offered by LimeFx here.
The MT4 and MT5 apps allow traders to work from anywhere, with nine timeframes, 30 indicators, and interactive currency charts. Functionality to close and modify existing orders, calculate profit/loss in real-time, and tick chart trading further assists traders while on the move. LimeFx offers two accounts, but it only caters to professional traders. Fibo does not restrict that and even promotes some of the accounts as most suitable for experts. You can set up and test your EA on a demo and if it works fine go live on a cent account with some small deposit.
What countries are in LimeFx?
Please note that our services are provided only to the residents of the following counties (in alphabetical order): Austria, Bulgaria, British Virgin Islands, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Kazakhstan, Latvia, Lithuania, Luxembourg, Malta, …
I find them very user-friendly, making analysing the charts and placing trades a breeze. I think they are one of the best platforms for beginners, with a quick learning curve and built-in tutorials to help you get used to how it works. On the other hand, cTrader is an excellent platform in its own right. I just feel that it is more suited towards traders who already have some experience. Either way, I don’t think you can go wrong with any pf the platforms and there are free demo accounts if you wish to try them all out to see which works best for you.
Nevertheless, it’s a brokerage firm which has been in operation for almost two decades. LimeFx is the name and we’ll start with a little bit of background. Forex traders must have valid identification and proof of residential address as part of the “Know Your Client” or KYC and Anti-Money Laundering processes to ensure a secure trading environment.
This review concerns an old-school broker who has decade-long experience and who is successfully keeping up with the completion, regardless if old or new. This LimeFx review will explain what this broker is about and where the broker put down its roots. Daily analysis, low spreads, real customer support are just a few of the things I can say about FIBOGroup. Trading for more than two years, I came to the conclusion that the FIB remains the most reliable and secure broker.
Be prepared to meet certain requirements to be eligible for bonus withdrawals. LimeFx is a Forex Broker offering Forex Trading services via MetaTrader 4, MetaTrader 5, cTrader, MT4 and MT5 Mobile trading platforms. Regarding orders execution model, LimeFx is a hybrid broker – both a-book and b-book broker . LimeFx offers trading of currencies, CFDs, stocks and commodities. I was pleased to see that swap free Islamic accounts can be opened for Muslim clients who apply to the support department via email.
Needs to review the security of your connection before proceeding. This broker did not score well during our testing process and is not recommended by our experts. We strongly suggest https://limefx.vip/ choosing a broker that has gained a high score through excelling in all departments instead. To learn more about how we test and recommend brokers, read our methodology.
FIBO withdrawal options are various including popular bank wire and w-wallets like Skrill. Also, you should note that depending on the conditions and method of payment you use, there are some fees may be waived. Typically fees are none, but some options range from 35-50$ per transfer. The broker provides the provision of LimeFx services and secure trading along with professional indemnity insurance, and in addition, is a member of the Investor Compensation Fund . Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. Commissions charged on the MT4 NDD, cTrader NDD and MT5 NDD accounts range between 0.003% and 0.005% of the amount per transaction.