For clients who maintain a minimum balance of $2500 and trading volume above 30 standard lots monthly, the broker provides free VPS access. While an LimeFx no deposit bonus does not exist, LimeFx offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive.
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. LimeFx is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets.
- Applications for Corporate trading accounts should be submitted when a Legal or Registered Corporation intends to open an account.
- This means that you can get your trades execute at the best available prices from the brokers liquidity providers without any interference from the broker itself.
- The MAM package has a variety of features including five lot allocations, Expert Advisors, unlimited accounts, plus STP on the master account for bulk order execution.
- However, there are fees on withdrawals for bank wires, cryptos and e-wallets.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 86% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trade with a Regulated Broker
The applicant can complete the form and set a unique password or select to open an account via their Google or Facebook accounts. Traders have access to numerous deposit and withdrawal options at LimeFx. Terms and conditions apply to receive it for free as advertised, but all the information is fully transparent and easy to understand. LimeFx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework.
- LimeFx is a well-regulated ECN/STP Broker that allows investors to trade on Forex, Crypto, Metals, Indices, and Energies.
- I am personally satisfied with this brokers regulation and wouldn’t have any problem using them for my trading.
- Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
- Please note, some markets may only be available via CFDs or other derivatives.
- Keeping that in mind, you need to do proper research before selecting and investing in anyone else’s trades.
- We aim to help you find the best broker according to your own needs.
The MT4 mobile app allows you to connect to your investing account from anywhere. The state-of-the-art platform receives good feedback and reviews online for its easy-to-use interface and reliability. Live spreads average at 0.2 pips for EUR/USD and around limefx broker reviews 1.0 pip for GBP/USD. LimeFx has a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver. LimeFx follows an ECN/STP model, offering competitive trade execution and prices, with no intervention or re-quotes.
LimeFx Demo Account
Please note, some markets may only be available via CFDs or other derivatives. LimeFx is a trustworthy and legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most reputable financial regulators. https://limefx.club/ 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.
Trade ANYTIME – ANYWHERE
You just need to click on the ‘Register’ button at the top-right corner of the brokers website. You will be required to fill in the account application form with your details and may be asked to provide some KYC documents in order to verify your account. This is pretty standard procedure when dealing with a regulated broker as they must follow AML policies. I like how the process is all done online and shouldn’t take you more than a few minutes to complete. The MT4 platform is available in desktop, web, and mobile versions. I use the desktop platform for running automated systems as it is the only version which can.
LimeFx News: True ECN Offer or Scam?
LimeFx occasionally introduces other bonuses and promotions, which have included a $50 LimeFx no deposit bonus or annual interest on free margin. Customer support is available 24/5 via e-mail, webform, phone, fax, and live chat. The FAQ section answers many of the most common questions, and LimeFx is transparent about its products and services. Most traders are unlikely to require additional assistance unless of an emergency. LimeFx provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY.
The web version of the platform is great if you need to access your account from any device without installing any software and it is always up to date. The mobile trading app is perfect for taking the markets with you in your pocket. It makes it quick and easy to keep track of your trades and the latest market news from anywhere at any time. The broker also provides you with copy trading via Multi-Account Management (MAM).
Such mandates, they argue, are obviously counter to the First Amendment, and prohibited by a case about litigation discovery against newspapers, Herbert v. Lando. Texas and Florida, on the other hand, insist that their rules are basic consumer protection measures, to be reviewed under Zauderer and lower court cases applying its standard of review. Their arguments frame compelled speech about editorial policies as constitutionally indistinguishable from labels on food or warnings in advertisements for commercial services. Both the “platforms are newspapers” and “platforms are ordinary sellers of goods and services” arguments usefully illuminate some aspects of platform transparency laws.
A selection of free downloadable e-books and PDFs is also provided. Beginners can benefit from the step-by-step guides on forex trading basics. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit. This makes LimeFx a low-cost trading brokerage when compared to alternatives. Eight cryptocurrencies are provided, including Bitcoin (BTC), Ethereum (ETH), and Monero (LimeFxR).
Over 70 currency pairs are also available, providing more opportunities than most competitors. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The broker’s customer support team are available 24/5 from Monday through to Friday.
TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Despite offering crypto trading 24/7, LimeFx does not offer 24/7 customer support.
If you are looking for more platforms, then RoboForex could be an option for you as they have a good selection. They showed me they could provide everything I could ask from a broker at ease. This is a comfortable trading environment for me that I got really used to. I think I will be trading here for a long time, because I have everything I look for.
LimeFx Regulation and Security
A copy of the ID and one proof of residency documents usually satisfies this final step. LimeFx offers traders the core MT4 trading platform without third-party upgrades. But it’s worth mentioning here that past performance never promises a profitable future.
I would always prefer to use a regulated broker as they can provide certain protection that an unregulated brokerage firm cannot. I am personally satisfied with this brokers regulation and wouldn’t have any problem using them for my trading. If you would prefer some more top-tier regulators, then you might want to consider City Index as an alternative option. At LimeFx we often use a motto that we have adopted over the years; “from small acorns great oaks will grow”.