LimeFx Forex Broker Review

The broker offers standard CFD trading on MT4 and MT5 platforms. The LimeFx license is a very weak consolation and not a guarantee at all. This document does not apply in any way to most traders who work with a broker. That means there is nothing to count on for help from the regulator. It is better to refrain from such a tempting bonus, which will then turn into credit money. The financial products offered by the companies listed on this site pose a high risk and can lead to the loss of all your funds.

LimeFx is the optimal broker for me, execution of orders without any problems. You can use any strategies and advisors, there are no restrictions. I have been trading forex for three years now with LimeFx. For a beginner it is easier to understand what works and how it works. I think Forex makes it much more clear and correct in my opinion how technical analysis works. I started trading on the foreign exchange market a couple of years ago.

I have decided to test everything on myself in order to understand why LimeFx has such good reviews and I should trade with them. The usual closing of a position is not just less than a second, it’s almost instantaneous. Slippage, I do not hide it, I sometimes have it, but there is no way to get rid of it. Support is available five days a week, web form, phone, chat, email are available. On the standard account, a minimum deposit of $100 is available, min spread from 1.2 pips.

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Aerarium Limited was established in 2019 and it is regulated by Seychelles Financial Services Authority . LimeFx brand has been operating since August 2021 and is a modern-day broker for a new generation of traders. It bridges technology with the core values of transparency and fairness to lead a new way of doing business in the online trading industry. The broker has three types of accounts and the minimum deposit for Standart account is only $100.

In order to achieve your trading goals, you need to choose the right account. We evaluate each broker’s account types, how easy it is to open an account with them, and the steps involved, so you can decide if it is worth your time to open an account. limefx reviews The company’s clients can choose from multiple payment options – credit and debit cards, wire transfers, e-wallets, and others. Almost all deposits are processed instantaneously, while almost all withdrawals take up to one business day to complete.

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 LimeFxs. Trading financial instruments online comes with risk. You can automate your trading strategies with the LimeFx VPS Hosting service and enjoy more control and flexibility over your environment.

LimeFx’s philosophy is underpinned by its socially responsible operations, which creates value and responsibility towards staff and integrity as a business towards clients. The multiple platforms and extensive range of assets give traders many options for an exciting trading experience. The commitment of LimeFx to provide valuable tools to equip customers is reason enough to consider it a reliable broker. Traders can access MetaTrader 5 to trade forex, stocks, indices and other instruments as it is an all-in-one platform. MT5 includes three chart types with 21-time frames starting from one minute up to one month. MT5 is compatible with AI-based trading tools and up to 44 graphical objects.

The LimeFx bonuses & promotions are only available to clients registered under Aerarium Limited. Clients registered under ICC Intercertus Capital Limited are not eligible for bonuses. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Execution Type

It has negative balance protection segregated client funds. In our tests for the Trust category, we also cover factors relating to stability and transparency. Here, we focus on how long the broker has been in business, how big the company is, and how transparent it is in terms of readily available information.

We put the knowledge and expertise of our reviewers to work to bring you the most suitable brokers. A total of 200 variables have been analyzed to help you choose your broker wisely. This chart describes all the categories we evaluated and rated. The opinions provided are not necessarily those of Myfxbook or its affiliates and should not be viewed as solicitation or recommendation for any signal provider. If you choose to make decisions or place trades based upon the comments, you are doing so at your own risk.

This is achieved without having to purchase actual bars of gold. There is also a commission of 0.05% per side (0.10% per round turn) for CFD shares. Regarding its non-trading costs, the broker charges inactive accounts with an average maintenance fee compared to the broader industry. It is also worth pointing out that the broker does not charge anything for deposits or withdrawals. MT4 provides over 20 analytical charting tools and a free Autochartist tool.

This page may not include all available products, all companies or all services. Gain trust and grow your business with customer reviews. LimeFx does not offer its services to residents of certain jurisdictions such as the USA, UK, Belgium, Iran, Canada, and North Korea. If you reside in one of the mentioned countries, you can easily find an alternative broker by uinsg our broker comparison tool. LimeFx keeps its clients busy with promotions year-round. Traders can choose and claim bonuses and promos within their validity periods and enjoy 5% interest rate on deposits, 100% rebate bonuses or referral rewards.

The commission fee is also very competitive when compared to other brokers. Upon opening an account, you have the option to use both real and demo modes. The demo account can be a great way to try out the broker and practice your trading strategies until you build enough confidence to make the switch to a real account. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The Raw Spread and Premium account types, which have varied commissions and raw spreads starting from 0.0 pips, are intended for a wider range of traders, including professionals. However, the minimum barrier to entry is $500 on a Raw Spread account.

M4Markets Deposit Methods

The manager sang so sweetly about easy earnings, that everything is so simple, that you can earn a lot of money, and so on. I even have an old friend who has been working with them for a long time. Checking the domain showed that it was created back in 2005. However, we do not believe in such a long period https://limefx.group/ of the broker’s existence. Even though Trinota Markets Limited is authorized by a Tier-3 offshore regulator , it has negative balance protection and segregated funds. M4Markets does not offer its services to residents of certain jurisdictions such as the USA, Canada, Cuba, Sudan, Syria, and North Korea.

• The educational content presents a good basis for beginners, but it does not delve much deeper than the basics of trading.
• These platforms’ built-in features include charting tools, market indicators, scripts, expert advisors, advanced risk management tools, real-time market execution, and more.
• I wish LimeFx would do the same soon because I don’t see a reason to move to another broker.
• They have excellent automated trading capabilities for those of you who want to use trading robots.
• I have been using their services for a while now and overall I am quite satisfied with my experience and highly recommend LimeFx to everyone.
• Trader experience is further enhanced with more than 30 technical indicators and a swap calculator.

We found its Client Agreement very informative and detailed. All of this underscores the company’s reliability and stability. When choosing a broker, trustworthiness is one of the most important things to keep in mind. Always check the broker’s regulations, know how financially secure the firm is, and find out whether the broker is transparent and reliable.

Alternative Brokers

Myfxbook and its affiliates are not responsible for any losses incurred due to the use of the content provided. Trusted trading company with a strong trading platform. State of the art multi-asset trading platform with optimised features for EA trading, the MT5 is the best AI-based trading tool. Voted best multi-asset and FX trading platform of 2020 by Finance Magnates.

Platforms and Tools

They are used to support open positions by limiting the maximum loss that can be incurred if the market turns in the opposite direction. A stop-loss order is placed at a fixed price below or above the spot price. If the market does indeed turn and triggers the stop-loss, it will transform into a market order and get filled at the best possible price.

You can choose from bank transfers, credit/debit cards, and various online payment gateways. I like the availability of digital wallets as I find this to be the quickest and easiest way for me to move my funds around. It also means I can make a deposit without delay just in case there is a market event that I need to try and quickly act upon. Again, despite providing crypto trading, LimeFx does not offer or accept crypto funding which is disappointing from my perspective. If you want to use crypto as a means of funding with a broker, Hankotrade have crypto funding available.

This is the industry standard trading platform from MetaQuotes that is used by forex and CFD traders all over the globe. As for the withdrawal of money, there are no delays in withdrawal. I have already withdrawn several times, everything is checked. And there is withdrawal to a very large number of e-wallets which I have never seen before in addition to card transfer and bank transfer.

A pretty common feature across the industry, the economic calendar informs traders of upcoming economic releases and other potential trading events. Newbies and experienced traders use economic calendars to prepare for such upcoming events by discerning which instruments are likely to be impacted and to what degree. However, M4Markets’ research content lacks scope and diversity, as no attention is paid to market outliers that do not have a direct impact on current trading opportunities. The deposit or withdrawal process can be a tricky one.