LimeFx Reviews Read Customer Service Reviews of LimeFx com

LimeFx has two expensive, commission-free cost structures and one competitive, commission-based alternative. The fixed-spread account starts with minimum spreads of 3.0 pips, or $30.00 per 1.0 standard round lot, versus the floating-spread alternative of 1.3 pips or $13.00. Both are expensive, but the commission-based ECN option shows raw spreads from 0.0 pips for a commission of $5.00 per round lot. LimeFx is also a member of the Hong Kong-based Financial Commission, which has a compensation fund of up to €20,000 per client. Verify My Trade and Autochartist company verifies and audits order execution monthly, which traders can access. I like the LimeFx trading fees in the ECN account and multi-tier leverage system.

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The interests of LimeFx’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. LimeFx is not one of the secure Forex Brokers since it does not hold limefx forex brokers reviews a license from any worldwide serious Forex authority. Funds can be deposited commission-free through bank wire transfer, credit card, Neteller, Skrill, FasaPay and WebMoney, among others.

1. Since its start, the organization has enjoyed extraordinary development and established a worldwide presence.
2. We have over 20 years of experience when it comes to trading online so we know what to look for.
3. For over 11 years the Company has been offering high-quality trading services and investment opportunities to clients around the globe, 24 hours a day.
4. Traders can access a wide range of crypto pairs, and deposits and withdrawals are available in cryptocurrencies.
5. The company uses modern trading platforms, advanced liquidity aggregation technologies and mechanisms for direct access to the interbank market – STP, ECN.

Additional Features

LimeFx has four account types, one being a dedicated cryptocurrency trading account. The three commission-based options feature relatively high trading fees, between 1.3 and 3.0 pips or $13.00 to $30.00 per 1.0 standard round lot for a minimum deposit of $100. The commission-based ECN alternative delivers competitive costs with raw spreads from 0.0 pips for a $5.00 commission and requires a $200 minimum deposit.

How can I download and use LimeFx trading robots?

All account types can be easily converted to Swap-Free Accounts except PAMM accounts, ensuring adherence to Islamic financial standards without hassle. Yes, LimeFx offers a wide range of educational resources, including webinars, video tutorials, and trading guides, to help traders improve their skills and knowledge. The Financial Commission protects traders’ interests and provides insurance up to a fixed amount per case.

LimeFx is committed to delivering first-class customer service with an average response time of one minute, instant deposits, and ultra-fast order execution. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry.

Trading Hours

This account suits proficient traders who engage in high-volume trading or employ scalping techniques. Furthermore, it grants access to several features of professional ECN accounts. This account is adaptable enough to accommodate various trading techniques. LimeFx’ emphasis on innovation https://limefx.biz/ and a commitment to providing exceptional trading experiences has helped it maintain its position as a top option for CFD and FX traders throughout the globe. LimeFx is a member of The Financial Commission, an independent external dispute resolution (EDR) organization.

This is nothing ground breaking but it is nice to have everything easily accessible in one place. It also means you might not need to wait to hear back from support to get answers to your questions. After clicking on the OPEN ACCOUNT button that is present on the homepage of the broker, there is a form to be filled out.

Verification of My Trade conducts regular audits certifying adherence to best execution standards with audit findings publicly accessible for transparency. LimeFx LTD is registered in Saint Vincent and the Grenadines with registration number BC 2015 and the relevant registry operated by the Financial Services Authority (FSA). LimeFx’ execution qualityis confirmed by VMTand complies with bestexecution standards. LimeFx’s registered address is LimeFx Ltd., Suite 305, Griffith Corporate Centre, Kingstown, Saint Vincent and the Grenadines. AMarekts is represented internationally with a European office in Montenegro as well.

In our trust category, we place the most importance on how a broker is regulated. This section will cover how the different entities of LimeFx are regulated and how this impacts you as a trader. We rate regulators on a scale of 1 to 3, with 1 reflecting the highest level of trust.

With smartphones, forex traders no longer need to be tied up to their desks, spending hours watching their trading screens. Instead, they can monitor the markets through their mobiles whenever they are. Mobile trading with MT4 allows you to have complete control over a trading account and trade from anywhere 24/5. However, the fact is that St. Vincent and the Grenadines is an offshore zone, which does register the financial investment firm, but provides very poor if none requirements to the company operation. That means, the broker is not regulated, not overseen and does not comply with strict international rules that provide protective measures to the traders. Therefore, it became an offshore zone for shady forex brokers such as CVC Markets, AAG Markets and more.