Established in 2007 under the wing of the E-Global Trade & Finance Group, Inc. in the Virgin Islands, the LimeFX company provides retail traders with online Forex trading services. The company is small but it is still preferred by many retail traders. Every trader is handled with the same care irrespective of their trading volume and amounts. This may be a part of the reason why many choose this high-quality mini Forex broker.
This is the only broker who don’t restrict any types of trading platform to use. And I am using their most popular mt4 trading platform which has almost all types of trading tools. Good range of account types to choose from, including Cent accounts and PAMM, stable server , and a good range of symbols to trade.
In 2016 LimeFX launched proprietary technology MarketPlace – own liquidity aggregator and order execution software. With new technology clients are having ultra fast, stable and secure execution with tight spreads. Indeed you’ve contacted us several times regarding order closure. In your case orders couldn’t be closed due to net position increase two hours before symbol break which has no relation to free margin. According to our trading conditions its not permitted to close orders which will cause increasing the net position or net margin two hours before symbol break and market close on Friday.
Over 70% of copied trades via Share4you are profitable, according to the broker. The cost structure at LimeFX is above-average across all account types. Forex Trading involves significant risk to your invested capital.
Trade on Margin
I have been able of increasing my trading profit and reducing my trading loss by using their risk managing systems. There are so many unrecognized brokers but trading with them is completely risky. That’s why I have been chosen this regulated and scam free broker who always give full effort. Conveniently, LimeFX also offers Shariah-compliant swap-free accounts for Muslim traders who are based in India.
Since there are no restrictions from LimeFX regarding strategies, Share4you Leaders may use automated trading solutions. The Financial Services Commission of the British Virgin Islands regulates E-Global Trade & Finance Group, Inc., the owner of LimeFX. It maintains a clean regulatory track record https://limefx.biz/ and also has an aggregate of $5,000,000 indemnity insurance with Willis Limited in the UK. You must understand that Forex trading, while potentially profitable, can make you lose your money. While the educational offering is a little limited there is more than enough information for the average trader.
- CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
- Manual traders will find the LimeFX platform an attractive alternative amid its added functionality and clean user-interface.
- Opening a Cent account is a great way to start trading without risking huge amounts of money, but still experiencing the real market.
Segregation of accounts that is having a separate account from the one having the clients’ funds to prevent mix-ups. Im IB of LimeFX but IB commission is worst compare with other broker, because LimeFX required condition for credit commission. Some currency morethan 10 pips difference only credited commission.
These channels are like credit cards, wire transfer, electronic transfer, and e-wallet channels. The transactions are quick and the maximum it takes is for bank transfers which can take up to three days. This is an installable platform for both windows and also MAC devices. It provides awesome charting tools and excellent execution speeds. The cent NDD account is an account that is suitable for beginners with some slight experience and wants to trade efficiently.
As you can see, LimeFX’s minimum EUR/USD spread is 0.1 pips, which is low when compared to the average EUR/USD spread of 0.70 pips. 100% Deposit Bonus – LimeFXLimeFX’s deposit bonus is back and it’s bigger than ever! Avail up to 100% worth of deposit bonus to boost your trading funds an … Credible liquidity providers who will step in to recover clients’ funds in case of liquidation.
What can you trade with LimeFX?
He said that the conditions are average but the risks are higher than average. I’ve created a personal trading strategy to trade on volatile markets. Then waited patiently for a suitable moment and at last have made three dozen of profitable transactions. But the next day I received a letter from the broker which said that all my transaction had been annulated. It was explained that the broker had had technical breakdowns at the moment and that was why my profit was illegal. I talked to other traders, they had not received similar messages, neither there were any news about this on the site of the broker.
- Thanks people from forums and guys from support side for my profit.
- Most importantly, always choose a Forex broker that truly values you.
- I never believed in bitcoin recovery because I was made to understand that it is not possible.
- The minimum spread available for a normal account is a 2 pip spread for some of the most popular currency pairs (e.g. EUR/USD).
- The fact that only MetaTrader trading platforms are available we found a little disappointing, but this is a minor fault, and certainly not one that is going to keep all new traders away.
- The lines of communication are open 24 hours a day, 5 days a week, should the need arise for some support or guidance.
Those who understand the terms and conditions can boost their portfolio significantly with this offer. It remains a viable opportunity for traders with a long-term horizon. The 50% cashback program will lower trading costs for clients in a non-partner account.
LimeFX Trading Platforms
It may not have reached the dizzy heights of some other better-known Forex brokers, but who knows what might be around the corner. It certainly offers a service and features that can easily rival the best of the best, so we’re going to be keeping our fingers crossed for its continued success. There is a good range of language support, choice of trading account, reasonably low spreads, minimal deposit requirements, and excellent customer support. The fact that only MetaTrader trading platforms are available we found a little disappointing, but this is a minor fault, and certainly not one that is going to keep all new traders away. LimeFX became operational in February 2007; it is owned by E-Global Trade & Finance Group, Inc., with its registered office in the British Virgin Islands. Over the past 13 years, per its own account, clients have opened more than 2,200,000 trading accounts.
This bonus can also attract certain other gifts; for example, additional Forex bonuses and returning foreign exchange commission. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs.
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So the broker does not want clients who are capable of making profits. And i come to know tht pooja and his frnd tarun both did the same thing in another broker thts why thy got removed from LimeFX .. We are an international company, that offers services to clients around the world via the Internet.
Kiran, please specify do you have already account with our company. A three-level partner program that allows you to maximise your revenue potential from your sub-partners and their clients. We focus on long-term mutually rewarding cooperation with clients, partners, and employees. Our knowledge is based on our own experience, which allows us to maintain the highest level of professionalism and competency. We are investing and actively engaged in the development of our own technologies and innovations, which separates us from many of our competitors. Development of our own products is one of the key features of our company.
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You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The trader actually receives reduced commissions and/or spreads. E-Global Trade & Finance SVG LLC registered under registration number 1440 LLC 2021 in the jurisdiction of Saint Vincent and the Grenadines, with its registered office at 1st Floor, First. St. Vincent Bank Ltd Building, James Street, Kingstown, VC0100, St.Vincent & the Grenadines. Traders must provide their name, e-mail, phone number, and a desired password.
Some of them like to play big, and invest a lot; others prefer to stay on the safe side and invest small amounts. We have included a list of some of the most common funding options that LimeFX provides to its traders. Margin requirements vary by trader, account, and instrument, as they do with most brokers. On their website, you may see the most recent margin and leverage details.
You should also look out for those which provide a high leveraging ratio, which will allow you to maximize your profit potential with your limited trading capital . Like many of the great global broker companies, LimeFX sticks with the MetaTrader 4 platform. limefx company reviews If you have ever researched about Forex, you must have heard or read about this platform that holds the monopoly over trading platforms in the business. The LimeFX also engaged in trying out the MetaTrader 5, and the platform is currently being tested.
The 100% deposit bonus and 50% cashback program, together with its proprietary copy trading system, Share4you, represent the pillars of its success. New traders have access to an excellent educational program, and LimeFX sources market commentary and research from FXStreet and Trading Central. Its primary brokers and liquidity providers are Sucden Financial , LMAX , Interactive-Brokers , and LimeFX . In 2016, LimeFX released its liquidity aggregator, MarketPlace. Anglo-Dutch Big Four accounting firm KPMG audits the accounts of LimeFX. While this multi-asset broker accepts clients from most countries, it has a distinct focus on Asia.