And the additional fact why I like this broker is it allows you to trade with algos. I am planning to use cTrader for that purpose. And if i will not like it i can always switch to Expert Advisors on the Metatrader. There are some LimeFx reviews limefx reviews that are very appreciative to the broker; some of them are, on the contrary, too negative. I don’t know the reasoning behind that, but I think that everybody should think of it as an intermediary between a trader and the financial market.
LimeFx is now offering stocks of the companies that are working on AI-powered services. Deriv’s multiplier explained – What is it and how to use for Forex & CFD trading? The benefits of leveraged gold futures trading and how to control risks. You can now trade Palladium – Precious Metal CFD on LimeFx LimeFx now offers Palladium, a rare precious metal CFD for trading. LimeFx adds more Stocks and Cryptocurrencies to trade LimeFx has expanded the market offerings with more stocks and Cryptocurrencies. LimeFx adds Lead, Zinc, Copper and Aluminium to the platform LimeFx expands the markets with more metals including Lead, Zinc, Copper and Aluminium.
The dedicated LimeFx Markets app is clean and consistent, similar to the desktop version of their offering. Their proprietary software trading platform is better suited for mobile use than the MetaTrader versions. In our analysis of 23 international regulators across 62 of the best forex brokers, LimeFx is considered low-risk, with an overall Trust Score of 99 out of 99.
Another high-end application is “LimeFx Direct” – the trading account management app. At its core is the LimeFx Wallet, which keeps the clients’ funds from participating in the trading process and safe from market risks. It can be topped up via a Bank Transfer, Neteller, Skrill, NganLuong or Bank Cards.
There are two types of accounts available standard accounts and advanced trader accounts. The standard account spread begins at 1 pip for major currency pairs. There is no minimum deposit amount, and you can deposit up to US$9,000 https://limefx.group/ into your LimeFx account . LimeFx Financial Services Ltd is regulated by the Cyprus Securities and Exchange Commission , the Financial Conduct Authority , and the Financial Sector Conduct Authority of South Africa .
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Their deals are opened and closed without any freezes, I have not observed requotes, spreads are quite low and comfortable for trading. I am quite satisfied with the broker’s services. Have been client of LimeFx for a couple of years so far. They offer very good opportunities for algorithmic trading.
LimeFx has competitive spreads and costs, and compare favourably with most other brokers. They also pride themselves in avoiding re-quotes in most cases. In 2020 there were requotes on just 1.14% of all orders, and 0.54% of those were positive requotes. The cTrader platform has a professional display and clear interface.
Imho, one of the best brokers on the market. I like that this broker is constantly improving its services. Very good and informative new website, modern mobile application, fast and easy withdrawals. I’ve been trading with LimeFx for more than a year and haven’t faced any serious issues. The main benefit is their reliability, they provide good execution and I never had delays with my withdrawals.
The LimeFx Live Trading Account
For trading tools, LimeFx offers a better experience. With research, LimeFx offers superior market research. Finally, we found LimeFx to provide better mobile trading apps. None of the blogs or other sources of information is to be considered as constituting a track record.
- Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds.
- Spread betting and CFDs on futures contracts are not permitted.
- CFDs and Spread Betting are complex instruments and come with a high risk of losing money rapidly due to leverage.
- As with all such advisory services, past results are never a guarantee of future results.
IB Trader’s Workstation and IB Gateway are the two interfaces that can be used to connect NinjaTrader to an Interactive Brokers account. IB Trader’s Workstation is a fully featured Interactive Brokers trading application that allows you to view and manage API orders submitted through NinjaTrader. On the other hand, IB Gateway is a lightweight Interactive Brokers interface that provides status updates on the API connection but does not provide an interface to manage API orders. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. The recommended initial deposit for all available accounts of LimeFx is $500.
Is LimeFx scam?
Clients may also keep multiple currencies in the LimeFx Wallet and then fund multiple trading accounts in various currencies. This is a place where people come to do serious business in the markets. They have a great infrastructure with top tier banks and tons of liquidity. But the great thing about the broker is that it welcomes everyone. You don’t have to be a super professional trader to be able to trade here. Everyone can find favorable conditions for themselves.
I moved to the live account on the next month after my registration on demo, trading platform works the same. Same speed and spreads, any unexpected surprises. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
There is no 100% perfect brokers in any case. LimeFx is one of the most reliable between a lot of scams on this market. There was not so much information, instruments, and tools to trade back in the old time. Even start from the beginning and learn basic and advanced courses. I have worked with LimeFx broker for eight years, and I have never noticed false quotes. Sometimes traders write that one broker’s prices may not correspond to the prices of another broker.
Now I know that I need trading accounts with market execution. However, this difference makes sense during volatile sessions. But I trade different assets and sometimes I scalp, so these are not trifles. Nevertheless, market execution is universal for me. It fits all market situations, at least in my eyes. I like LimeFx because they provide a lot of trading opportunities for traders.
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The FPA notified LimeFx of this situation in December of 2013 and requested contact with the CEO to end LimeFx’s issues with fake reviews and to make certain that the issue would not repeat. Initially, there were replies from LimeFx, but those ended in January 2014. The next message from LimeFx wasn’t sent until December 2015. LimeFx was remided that the FPA wanted to hear from the CEO.
He’s also eager to help people find the best LimeFx provider for them, and to make the LimeFx sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo trading, programming and trading. We agree that LimeFx is a top-rated forex and CFD broker and would recommend them to any trader looking for a pleasant experience and competitive spreads. The cTrader platform was developed for efficient trade execution, and it delivers that with lower spreads and blazing fast execution speeds. LimeFx does not charge any fees/commission on deposits/withdrawals, however a fee will be applied for withdrawal from E-wallets if the client has not traded. LimeFx has a fairly long history, being established in 2006 and growing rapidly since.
LimeFx has a host of trading accounts under its banner that will allow a client signed in to trade. Each type of trading account has unique features designed to cater to the respective different clientele’s taste and preferences. With a large number of assets across 6 different asset classes, clients can access over 2100 forex pairs, and over 2100+ different assets in total. In general traders are going to find that all the popular assets are available from LimeFx.
Select one or more of these brokers to compare against LimeFx. LimeFx does not offer Contracts limefx for Difference to residents of certain jurisdictions including the USA, Iran and Canada.
I can’t say anything bad about this brokerage firm. Utilize the above tools, 4 different trading platforms and LimeFx Direct to invest smartly in over 300 financial markets today. As a result of their education offering and lack of welcome bonus, newer traders may be better suited elsewhere. LimeFx is a lot better suited to experienced traders who are more concerned with spreads, commissions and fees. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.