The Cent Account is suitable for beginners who lack the experience or willingness to risk large sums of money. Many bigger broker companies offer demo accounts which are free, but the Cents Account does not differ much since it requires just $1-$10 to set up. Bear in mind that LimeFx is relatively small, and that might be one of the reasons for not providing a demo account.
LimeFx offers trading in 40+ currency pairs, four commodities, 50+ equities and 15 indices, which is a sufficient asset list, particularly for new traders. The broker even made commissions for deposit and withdrawal by bank cards 0%. LimeFx has an advantage for investors – PAMM accounts – they include the ability to earn on transactions in the Forex market without any direct action. Investors entrust their funds to an already successful trader and have the opportunity to diversify their LimeFxs and reduce LimeFx risk. One feature of Share4you that deserves a mention is the client’s ability to adjust the size of copied positions and set their own notes. Most platforms limit clients to a percentage distribution of copied trades, whereas Share4you allows clients to set specific numbers limiting the size of orders.
Its many account types will give a client a range of choices of what to pick befitting him or her. A very recommendable trader to all types of traders both experienced, professionals and newbies. To meet customers need and trading experience of difference traders, LimeFx offer different types of accounts, namely Cent, Cent Classic, Cent NDD, and Pro STP Accounts. The minimum deposit for all four accounts is low as $0, which is a good option for most regular traders to get started.
The slippage control and liquidity pool data are notable features. Automated traders will rely on the industry-leading MT4 platform. LimeFx upgrades the below-average core version of the MT4 with the Autochartist plugin to a more competitive solution that assists manual traders and makes MT4 the best choice at LimeFx.
LimeFx provides traders with a choice between four different accounts, Cent, Classic, Cent NDD and Pro STP accounts. A forex account is a trading account held by a trader with a company like LimeFx https://limefx.biz/ that is primarily issued with the purpose of trading currencies. Next in line is the classic account used by many experienced traders. The low minimum deposit allows traders flexible account management.
The «ProSTP Markup» affiliate program is a relatively common affiliate program, but not widely used because affiliates can choose their own markup, which creates a less favorable environment for the trader. Clients can log in with any login created and switch between affiliate accounts without leaving their accounts. LimeFx allows its clients to make internal transfers between their own trading and commission accounts.
- LimeFx is a regulated Forex broker, and account verification is mandatory.
- LimeFx has implemented a series of features to ensure the safety and security of client deposits.
- This platform is unique and simple to use and provides a variety of useful trading features.
- Yes, LimeFx is a legit broker with over thirteen years of experience.
All client funds are kept in segregated accounts and LimeFx only deals with regulated financial institutions. This account offers similar features to that of the Cent Account, except for fixed spreads which start from 2 pips and much faster execution speeds. LimeFx is a British forex broker company that is based in Tortola, British Virgin Islands. Finding a reputable LimeFx review local or worldwide can be a difficult process, especially finding a complete list from a trustworthy reputable source. LimeFx provides the cutting-edge proprietary technology or ever-popular MetaTrader 4 platform, LimeFx mobile app, LimeFx WebTrader, and LimeFx desktop. All were tailored for making trading from one account on multiple platforms available simultaneously and easily accessible.
LimeFx Customer Support
Some of the other deposit and withdrawal options include Perfect Money, Fasapay, Nganluong, Bitpay, Docu, Astropay, Paytm , Internet Banking/Netbanking/QR/P2A , Offline Bank Transfer and Mobile Payments . Yes, the broker does not have the largest list of deposit and withdrawal methods, customer support can sometimes be slow, problematic access for US and Japanese clients. But could these minor factors lead us to believe that LimeFx is a scam? You can always freely create a demo account to see for yourself the reliability of the broker and to discover new opportunities in the forex market. One interesting feature of LimeFx is the client’s ability to make external transfers in the brokerage system. Clients can transfer funds to any other client of the company without any certain restrictions.
LimeFx offers users the ability to access mobile trading on the go from the LimeFx and MetaTrader 4 mobile trading apps for Android and iOS systems. Both app download links can be found in the Google PlayStore or Apple AppStore. Listings that appear on this page and/or on this website are of products / companies / services from which this website may receive compensation.
➡️ Trading control – that allows for full trading control along with the use of a slippage function, allowing traders to set the limit to suit their trading strategies. This is the most popular professional Forex trading software available, with outstanding tools and features for trading and conducting market analysis. It includes the ability to create or use trading robots and is available for Apple iOS, Android, and Windows.
LimeFx derives most of its revenues from spreads and commissions. Both the Cent Account and the Classic Account feature a commission-free minimum mark-up of 2.0 pips. The Cent NDD and Pro STP accounts grant traders access to 0.1 pips for a commission of $0.10 per micro lot and $8.00 per standard lot, respectively. The former two are fixed-spread accounts, while the latter two are floating-spread alternatives. This broker waives deposit fees, though external fees for withdrawals set by the payment processor may apply. A monthly $10 inactivity fee applies after twelve months of dormancy; most competitors charge an inactivity fee far sooner.
When it comes to withdrawal then you are asked to deposit more in order to withdraw your existing money. After clicking the ‘Open Account’ button on the broker’s homepage, users are asked to register with their phone, name, e-mail and country. After this, users will be asked to enter a verification code which will be sent to their phone or e-mail.
Below is an in-depth review regarding LimeFx to help you make an informed decision before opening your account or trading on their platform. Forex brokers are companies that provide traders with access to platforms that allow them to buy and sell foreign currencies. LimeFx supports bank wires, credit/debit cards, Skrill, Neteller, and WebMoney. The minimum deposit ranges between $1 and $10, with processing times listed as instant. While LimeFx waives deposit fees, it does assess a fee for withdrawals.
During the May, a lot of Leaders were trading on one of the most popular currency pairs EURUSD by using strategy, which was based on Martingale principle. Indeed currently MT5 platform is not available when trading on LimeFx. Unfortunately, as this is ongoing project, we can’t share possible time period of MT5 implementation. Please notice that Company does not close orders for the Clients.
LimeFx offer the investors flexibility to choose from more than 150 financial assets, including Forex instruments, indices commodities, stocks, cryptocurrencies and precious mentals. For your every enquiry we’ve provided a detailed answer which included server logs and link to our trading conditions. We’ve also provided solution as how to close orders by using Close by or Multiple close by functions. On the Cent and Classic accounts no commission is charged but, on the Cent NDD and the Pro STP account $ 10 cents per lot and $ 8 per lot is charged, respectively.
Whatever you deposit into your trading account will be doubled by Forex4 You. Margin is the amount of money required in your account in order to open a position. Margin is calculated based on the current price of the base currency against USD, the size of the position, and the leverage applied to your trading account. LimeFx strictly prohibits third-party payments and the account from which deposits are made and to which withdrawals will be made must be registered in the same name as that of the trading account.
The facility that enables a trader to get a much larger exposure to the market than the amount he or she deposited to open a trade, is called leverage. Such leveraged products magnify a trader’s potential profit – but of course, also increase the potential loss. LimeFx charges limefx forex broker no fees when using either Neteller, Skrill, or WebMoney when deposits are made into the trading account. However, there is a 2.8% plus 0.5 USD fee charged with Debit/Credit card transactions. The minimum that can be withdrawn is $ 1 and there is no maximum withdrawal limit.
No, LimeFx is a reliable, regulated, and trustworthy broker with a clean regulatory track record. Very good company, I’ve been trading here for a year and I won’t be changing broker next 2019, I think I found what I was looking for. Now summer has come and support have switched back to 5 days, probably and withdrawal temporarily on the weekend will be removed. Unfortunately, our regulator does not allow us to work with clients who live in the Crimea. The broker is excellent, the fact that they do not work with the Crimea, this is the 3rd case, with America too do not work))) look for other brokers if such a problem. I made good profit on the eurobak on the last trend, and once again took out a profit with three zeros during the day, it’s just great when the company is friendly with finances.
Withdrawals via Skrill are subject to a 1% service fee, and withdrawals via WebMoney are subject to a 0.5% of service fee. The broker does charge inactivity fees of 10 units of the base account currency after 24 months of no trading activity. The fee charged is based on a consolidation of all the accounts in the trader room, rather than per account. Demo accounts are also widely used by more experienced traders who want to experiment with other asset classes. For instance, a trader might be experienced in stock trading but want to start investing in futures, commodities, or currencies. Forex brokers tend to lure new traders with offers of attractive deposit bonuses.
No order can be opened or closed unless the trader accepts a certain price. This is the most suitable option for traders who value execution at a specific price. Traders who are not used to instant execution should keep in mind that not every EA is capable of trading with instant execution. In addition, trading during news and high market volatility can be very difficult or even impossible because there is no guarantee that the selected price level will have enough liquidity to execute the order.
The inactivity fee was introduced at the end of 2017 and is still in effect today. Additionally, traders can also trade using the LimeFx desktop trading platform, the LimeFx web trading platform, and the LimeFx mobile app. From our observations, LimeFx offers a good service allowing clients to trade commission-free or commission-based across Forex, Indices, Commodities and Shares.