In the European Economic Area (EEA), the broker follows the guidelines laid down by the Markets in Financial Instruments Directive (MiFID). It is unlikely that scams or fraudulent firms are operating under the company’s name. Other helpful features include a glossary of terms, an economic calendar and forex news. As a regulated entity in the EU, LimeFx follows the Markets in Financial Instruments Directive (MiFID) which oversees investment services across the European Economic Area. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit.
LimeFx offers traders the core MT4 trading platform without third-party upgrades. With LimeFx MetaTrader, one may become faster, more versatile, and more accurate. This trading platform includes useful features such as adaptable trading strategies, extensive technical analysis, and algorithmic trading, despite lacking MetaTrader 5. LimeFx gives maximum leverage to customers who demand it and has over seventy Forex trading pairs. They provide a diverse range of economic indexes, precious metals, and energy. The US Wall Street 30, US 500, and US Tech 100 are among the indexes, as are indices from Germany, Spain, France, Switzerland, Hong Kong, Japan, and Australia.
MetaTrader 4 Multi Terminal is intended for simultaneous management of multiple accounts. Free margin is calculated as subtracting the used margin from total margin. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have traded with LimeFx we would really like to know about your experience – please submit your own review.
Retail trades are protected up to €20,000 by the Cyprus Investor Compensation Fund (ICF). At both companies’ primary international banks, client deposits are kept separate from corporate monies, although LimeFx does not identify them. The clause may be found in the Investment Services General Conditions PDF, which can be downloaded by clients. LimeFx has a spotless regulatory record and has earned a reputation for being a safe and reliable broker. The forex trading market must meet strict financial standards that include capital adequacy requirements as per its regulations.
This average customer rating is based on 1 LimeFx customer reviews submitted by our visitors. There are plenty of funding methods available at LimeFx, including bank cards, wire transfers, e-wallets such as Skrill and Neteller, plus alternative online payment methods like Rapid Transfer. There is also a margin calculator that is free once you have registered in the Traders Hub. I’ve been trading with LimeFx for several months straight, and I can claim that conditions here are pretty remarkable. I can’t say that my experience here leaves a lot to be desired, because the set goals were reached and I am satisfied with it.
Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. LimeFx occasionally introduces other bonuses and promotions, which have included a $50 LimeFx no deposit bonus or annual interest on free margin. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at LimeFx, and the overall product remains impressive. Five MT4 user guides and a Forex glossary section are also available. LimeFx offers beginner traders a sound educational offering from where traders can expand.
This account features a hybrid ECN/STP execution system to provide zero commission trading while maintaining competitive spreads. There is no account minimum and three available base currencies, GBP, USD and EUR. The brokerage offers ECN trading executions, spreads from zero pips and no commissions. The brand is also well-known for its welcome bonuses and trading deals, including a free VPS.
If you have open positions, you may need to increase your free margin beforehand to avoid being stopped out. While this may seem like a lengthy period in contrast to other brokers, the broker LimeFx has more than a decade of experience in the sector. The business concept of broker LimeFx is built on STP (Straight Through Processing), which involves sending orders directly to financial institutions.
I was attracted by low margin requirements, high leverage and tight floating spreads. Together with the NDD/ECN executions, the broker’s offer is far above the middle range of the industry. Some traders might not like the light level of regulation, but the trading conditions speak for themselves.
The company is known for its customer-centric approach by delivering competitive pricing with the most favorable trading conditions. Too often new traders are impatient to begin trading and fail to grasp the importance and limefx scammers impact these two critical success factors will have on the outcome of their potential success. LimeFx is a low-cost online broker for trading forex, cryptocurrencies, metals, indices and commodities on the MT4 platform.
Margin, in a general sense, can be imagined as an amount that can be treated as a deposit done in good faith. This amount is usually deposited in order to keep any position open. The required amount for margin is usually determined by calculating for the percentage of the size of notional trade plus a small amount https://limefx.club/ that represents cushion. This cushion amount is usually placed on top of the value to account for possible fluctuations that can occur on a regular basis. Your portfolio and any live forex positions may become liquidated if you don’t have enough margin because you’re trading at the limits of leverage.
LimeFx is available to investors in almost 200 jurisdictions, including the UK, Australia and Indonesia. The LimeFx brokerage and the education and signals service GoldLimeFx are not affiliated. LimeFx has been operating as a legitimate broker for over a decade and has accumulated many positive client reviews in this period. Traders have access to numerous deposit and withdrawal options at LimeFx.