LimeFxFX Review 2023 Is LimeFxFX copy trading safe?
LimeFxFX Review 2023 Is LimeFxFX copy trading safe?

Clients can opt to trade using ECN portals, which take the quality of execution up a level. The choice of trading platforms means users can select the best fit for them. Dear Jerome Martin,We sincerely apologise for the delay in our response. We greatly appreciate your kind words regarding our efficient order execution and swift payment methods. It is truly an honour for us to receive such positive feedback from you.In addition, we would like to suggest that you follow us on our social media platforms. By doing that, you will be able to keep us informed about the latest news and promotions that we have to offer.

Clients of LimeFx are able to engage in the Expert Advisor and MQL5 areas of the MetaTrader site. Being regulated by a top-tier authority (CySec) means the firm must comply with certain regulatory protocols. As a result, the service is not available in a range of countries limefx reviews — including the USA, Brazil, Russia, Ukraine, Syria and Cuba. The website is registered under LimeFx Markets Incorporated established in St. Vincent and the Grenadines which permits its clients to take advantage of higher leverage and bonus promotions.

  • You can sign up and login to the LimeFxFX copy trading service in a few easy steps.
  • Note, some local payment methods may also be offered depending on your country of residency.
  • LimeFxFX offers leveraged trading on dozens of currencies with competitive spreads that average 0.9 pips on the EUR/USD.
  • From registration to initial deposit, and even withdrawal, it was easy and flawless .
  • If you have any suggestions on areas where we can improve, please feel free to share your insights.Remember that you can always contact us through social media and enjoy our trading content there.

Bonus funds are a part of your equity and free margin, consequently, but only if your equity is bigger than the bonus amount. That means that the bonus will not help you to avoid stop out or to keep an open trade longer.If the equity of your account becomes less than your bonus amount or equal to it, the bonus will be cancelled. For any further queries, please contact us via live chat or email (). Dear Hassan Mohammed,Thank you very much for using LimeFx and for sharing your feedback.

LimeFx Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and traders within EU can therefore trust LimeFxFX. There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied. Upgrading to a live account requires a bit more leg-work but is by no means arduous.

LimeFx states that the firm is in full compliance with international legislation and regulation standards, and guarantees funds security and negative balance protection (NBP) to its clients. During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing. This is an observation rather than a criticism as it just demonstrates the way the site allows aggressive trading strategies to be carried out.

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So, if you claim the 50% bonus on a $100 deposit, the minimum volume requirement will be 25 standard lots. Both platforms are suitable for beginners, though our experts note that MT5 offers more advanced trading features. Traders who live within the EU will have their accounts placed under LimeFx Markets Cyprus Ltd.

It’s possible to access the LimeFx services while on the move by using the LimeFxFX app, MetaTrader app or through internet browsers. The MT5 account offers a wider range of markets than the MT4 account and there are no swaps. In terms of clients, it has over 900,000 users signed up and clears $4bn of traded volumes every day. I have got very good experience from you and I humbly request you to please share the updated news related to forex market with me as well. 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.

Simply search for “LimeFxFX – Mobile Trading” app and download it on your device. The mobile version of the trading platform is exactly the same as web version of it. Consequently, there won’t be any problems with trading and transferring funds.

Forextraders' Broker of the Month

It is important to remember that not all regulators are created equally. The products, features and protection can all vary depending on the entity that you decide to open a trading account with. LimeFxFX aim to minimise trading costs with 97.5% of orders executed without slippage through the STP (Straight Through Processing) and ECN (Electronic Communications Network) models implemented.

Trader Protections by Territory

To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Traders benefit from a range of additional educational features and trading tools at LimeFxFX, including video tutorials and webinars, plus regular forex market insights and news.

How to Sign Up and Login Account in LimeFxFX

LimeFxFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. A wide variety of educational content is available for LimeFx users under the ‘Traders’ Tools’ section. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be. LimeFx is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. Even a quick glance establishes why the firm is so willing to share. With this knowledge, we created our platform to help you make money through smart and well-controlled investments.

The trading calculator will quickly calculate the costs for opening a position of a specific size and leverage. This can help to prepare trades if you are in a rush or just not that good at maths. LimeFx Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union.

Get the App

The in-house LimeFx copy trading function is a welcome addition to the suite of services. Its arm is regulated by CySec (Cyprus Securities and Exchange Commission) and has offices worldwide. The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world. The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary. Subjects covered include the very basic lessons such as an introduction to trading and how to place a trade to the more advanced technical and fundamental analysis.

What is LimeFx?

Founded in 2011, LimeFxFX provide a fantastic selection of use-friendly yet powerful platforms for trading forex and CFD instruments with very competitive costs. You can choose from a decent variety of versatile account types, each designed specifically for different types of trader. I like how they operate as an ECN broker as this means they can deliver superior trading conditions which can be important especially for those who are day trading and using scalping strategies.

You can also find loads more of free and paid add-ons to further enhance their capabilities. There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited. That being said, it is nice to see that LimeFxFX have a good selection of useful trading tools that can be used for trading signals, market analysis and risk management. There is also an integrated economic calendar as well as two major accounting modes for greater flexibility; hedging and netting. Traders living outside of EU will have their accounts placed under LimeFx Markets Incorporated.

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