Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks. These combine well with LimeFx’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month. One of this platform’s biggest advantages is its support for automated trading via Expert Advisors (EAs), which have long been favored by algorithmic limefx official site traders and which we feel are yet to be surpassed. However, this is still a powerful platform that will provide everything needed for experienced traders to conduct technical analysis while also being intuitive enough for beginners to pick up easily. Another big downside is the lack of web trader compatibility, which I find convenient because it provides straightforward and fast market access.

Do they offer any kind of bonuses?

Client orders, stops, limits, and trades are executed with counter-parties, meaning LimeFx is firmly on the client’s side. Metatrader 4 is considered to be the classic platform. Don’t really like when brokers offer lots of platform, you have to spend time on comparign them.

LimeFx is the broker that has established…

LimeFx is a good forex broker for all experience levels. New currency traders will enjoy the $0 minimum deposit, education and trading resources, plus the zero commission policy. Experienced traders will appreciate the tight spreads, access to MT4 and a VPS, plus zero strategy restrictions. During testing, we have been impressed with the ECN pricing that offers spreads from 0.0 pips, while the 70+ currency pairs provide better market coverage than most alternatives. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.

• Depending on the trading strategy, it may become the most significant fee per trade.
• The multiple industry awards are also a reassuring sign for us.
• They need to do this to reach a minimum withdrawable amount, which is quite high – fifty bucks.
• Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process.
• As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills.

I really started to like this straight…

We aim to help you find the best broker according to your own needs. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. The broker uses a price aggregator to ensure that counterparty orders use the best bid and ask prices currently available.

LimeFx’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LimeFx is behind the competition here. I am happy with the selection of fee-free funding methods accepted by LimeFx, which supports Visa/Mastercard, bank wire transfers, cryptocurrency and four e-wallets – Skrill, Neteller, EeziePay and AWEpay. This makes it easy for global traders to get started with the forex broker. I like trading condotions which LimeFx offers to the trader who work with the broker. The spreads there are really very tight and it is great because we don’t need to give the major part of our profits to the broker in the form of charges and keep everything to ourselves.

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LimeFx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. LimeFx enhances the mobile trading experience by offering the MT4 application, compatible with iPhone, iPad, and Android devices, ideally suited for day traders. LimeFx offers a decent selection of payment methods including standard card and wire transfers as well as crypto and e-wallet solutions. This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere.

This broker definitely welcomes experienced traders who can easily meet this requirement. Moreover, this audience can count on very good spreads and the absence of swaps and commissions. LimeFx supports the top MT4 trading platform and mobile app. You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty.

Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading. These tools include a Free VPS, Economic Calendar, Economic Analysis and Forex Live Charts. However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at LimeFx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.

MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience. One significant advantage is that LimeFx offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered. If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services.

Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. LimeFx has unusually competitive dealing spreads that you can gauge by opening a free demo account. We use dedicated people and clever technology to safeguard our platform. They are quite tight that enables me to conveniently enter the market. I mean that in this case I don’t have a big drawdown as a difference between bid and ask prices. What’s more, very often I see that spreads is very close to zero on my favorite assets and it encourages me to trade more actively and practice scalping.

It provides brokerage services internationally and is regulated by the Cyprus Securities and Exchange Commission. LimeFx reviews indicate that the edge of this broker is keeping the trading fees as low as possible to match the most demanding clients’ expectations. “The broker on your side” became the slogan of LimeFx as it does not trade against its customers. Instead, it uses institutional partners’ liquidity pool to guarantee the tightest spreads and best quality of service to its customers. It guarantees the security of clients’ funds by keeping customers’ money on a segregated account.

LimeFx supports bank wires, including several local options, credit/debit cards, UnionPay, Neteller, and Skrill. Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. LimeFx transparently provides all necessary https://limefx.biz/ information on its website. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply. My mission with TrustedBrokers is to help you find the right broker for you, whether you’re a beginner or a pro.

I certainly do not trade on the maximum leverage and never will. With my trading style and frequent withdrawals LimeFx has been a very good option for me.I don’t know how they did it before, but I don’t have any complaints yet. I have registered, installed and set up my terminal quickly. I currently trade the major pairs, orders are set correctly, I haven’t seen any major slippage, but I try to avoid trading during important news releases.

LimeFx supports the MetaTrader 4 platform, made popular through its support of trading robots. LimeFx welcomes all trading styles, including hedging, scalping, and arbitrage, and places no restrictions on your use of Expert Advisors. In early April, I opened an account and have since had a fantastic journey. By taking advantage of their deposit bonus, I was able to double my balance. Compare LimeFx with the top 3 similar brokers that accept traders from your location. However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners.