Client funds are secured in segregated accounts with leading international banks, separate from the company’s funds so that they cannot be used for any other purpose. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. Skrill has several licenses enabling it to offer its services throughout Europe and globally. Top-tier financial authorities regulate all operations.

They are a retail broker that is part of the LimeFx Group which was established in 1994. They have over 3,000 employees and take great pride in offering high levels of multi-lingual support to all clients. Usually, unregulated forex brokers work in the following way. They https://limefx.vip/ will call people to persuade them to make the initial minimum deposit while trying any conceivable method in order to make that happen. They will offer deals that sound too good to be true like we will double your initial deposit or you will make $100 per day easily.

• If you want spreads from 0.0 pips, then you could always consider XM Group as an alternative option.
• To start trading with LimeFx, you need to deposit $100.
• They’re suspected to have submitted multiple fake positive reviews at FPA forum.
• Depositing money on the LimeFx trading platform is easy.

I traded on their ECN account for a week and I faced no hassles in the execution. I deposited only fifty bucks – the sum I was ready to sacrifice in the worst case. But I managed to withdraw earnings in two transactions to my Srkill account. And of course for me it became a sign of stability and that everything will be all right. At first, I’ve lost around 40% of money, as I was overconfident. However, after I’ve trained a little bit with demo-account, I became more emotionally stable, so then I’ve doubled my deposit in 2 months.

Anvcrypto Review (Anvcrypto.com 100% Scam Reviews)

We aim to help you find the best broker according to your own needs. LimeFx have offices throughout Europe and offer multi-lingual customer support 24 hours a day, 5 days a week. Support limefx is available via online chat, telephone and email. They are happy to assist with technical and general questions. I have always found them to be very quick to respond and helpful.

You can already use your bitcoin for trading without conversion! Also, you do not need to wait until it rises in price. You can correct me, but I do not know of other brokers that offer such a thing. When I first briefly examined their website, I didn’t see anything special. By that time, I was already familiar with Metatraders and a standard division on ECN and Fixed accounts seemed typical too.

The kinds of trading charges and the prices differ from broker to broker. LimeFx is an online broker platform, and most online brokerages charge lower fees than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled much better. That is, an online broker is not necessarily influenced by the amount of customers they have. LimeFx are a trustworthy trading platform that has been trading for over 15 years. They offer a wide range of options in their client accounts.

Does LimeFx offer phone customer support?

Commissions could be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling price. Funding or overnight rates are those that are charged when you maintain a leveraged position for longer than a day. LimeFx, as a business, has a strong set of rules for ensuring honest trading on its own platform. For data encryption functions, it supplies an industry-standard secure socket layer . LimeFx admits the significance of having a quick order execution.

The platform supports multiple order types, has 9 timeframes to choose from with over 30+ technical indicators and graphical objects built in for conducting chart analysis. There is the MetaEditor which enables users to create their own custom indicators and expert advisors in the MQL programming language. The strategy tester allows you to back test EAs over historical data whilst you can find additional EAs and indicators from within the MQL marketplace. You can also set MT4 to alert you on specific events via sounds, pop ups, SMS and email.

Commission And Fees Explained

A fast execution enables users to trade without worrying about slippage safely. It is going to also help the dealers to grab any opportunities. Of course, there’s absolutely no sure-fire method to ensure profits; therefore, you must carefully analyze your agent before you select them.

LimeFx.eu offers its clients a choice of 200 financial instruments for trading on the MetaTrader 4 and 5 respectively. Thanks to its CySEC regulation, the broker can trade within the EEA zone. Besides that, it’s in the temporary regime in the UK. As a CIF, the company can also trade in third countries if it complies with its trading regime.

LimeFx Con’s

Yes, LimeFx offers virtual portfolio accounts so you can test your trading strategies before risking any real money. LimeFx is brokerage that offers sync-trading (sometimes called copy-trading). The main idea is simple, but really cool – you can follow the best traders and save your money and, of course, earn them. Trading with sync-trading feature lime fx allows people to copy trades of the most powerful traders. I use it and that’s my only one income source and it really works, you just pay commission that’s based on earnings, so you’ll never pay more comission than you earn. If you are thinking of starting a trading account with LimeFx, you should not do that before reading this review.

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. The broker has a section on their website dedicated to market analysis. There are detailed news articles that are frequently updated and cover different markets with fundamental and technical analysis. Alongside the news you can find the opinions of expert analysts. This helps you keep up to date with the latest market happenings.

The pip calculator helps to calculate the value of positions on the currency that you wish to trade. Simply enter your chosen currency pair, trade size, account currency and then click the calculate button to see the value of each pip. They have a selection of trading calculators on their website to help with planning your trades. The calculators are supplied as auxiliary tools serving for informational purposes only. This can look like a small number, but within the year, this adds to a significant number of gains.

A red flag that we noticed is LimeFx.com is withholding vital information to users. It is a tool that allows you to automatically copy trades of a more successful Trader into your account. Often such Traders are professionals who have long and successfully used automatic or semi-automatic trading systems.

Another concern with fiscal brokers with regards to safety might be manipulation of trading. This is highly disadvantageous to users on these platforms. However, this is much more prevalent in the case of Market Maker agents who compete with customers on the platform. Our entire LimeFx review for beginners covers everything you need to know about trading with LimeFx. A fantastic broker can take your initial LimeFxs and help to protect it from losses but also provide you a platform that can help to provide you favourable profits.

LimeFx Reviews

The margin calculator shows you how much margin is required to open a position. This can help with managing trades according to lot size and leverage. You simply select the currency pair, trade size, leverage, account currency and then click the calculate button to see the required margin.

Needs to review the security of your connection before proceeding. The latest LimeFx review suggests that the company operates illegally and without a proper financial regulatory license. Now Forex is my main income, which absolutely satisfies me.