The FAQ section left me unsatisfied and searching for answers elsewhere. CFD prices are commonly found as a double price quotation called the bid and ask prices. The pair of prices shows the best potential price at which an asset can be sold and bought at a specific time. The bid price is the highest price a buyer is prepared to pay, whereas the ask or “offer” price is the lowest price a seller is willing to accept. Becoming an Introducing Broker with LimeFx means you can benefit from our exclusive packages and tailored solutions.
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Traders may choose from three account types, where the only visible difference is a difference in trading fees. A Cent account is also available, which I recommend to beginners to learn how to trade in live trading conditions. LimeFx offers a choice of 300+ trading instruments, Forex, commodities, indices, shares, and futures. Equity traders get a selection of blue-chip stocks listed in the US, the UK, and the Eurozone, where Czech companies pleasantly surprised me. I am missing ETFs and cryptocurrencies, but the range of assets at LimeFx suits most retail traders and is excellent for Forex traders.
Fees
With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions. IB stands for Introducing Broker and, within the context of online forex trading, it refers to an independent broker or trading dealer whose job is to introduce new traders to a brokerage. An introducing broker earns commissions for each active trader s/he introduces. In other words, an IB receives commissions based on the traded volume of the traders they have introduced to the broker. With LimeFx’s Introducing Broker program, you can benefit from attractive commissions and excellent rewards.
Why is it Important to Know Where Your Broker’s Subsidiaries are Regulated?
With over 3 decades of capable reliability, the MetaTrader 4, also known as MT4, is an online trading platform used by both beginners and experienced traders. You can trade with the industry standard MetaTrader4 or use our online WebTrader. Whatever your trading experience, you can start exploring market opportunities with our MT4 or WebTrader and take your trading to the next level. Benefit from over 300 tradable instruments from 6 asset classes available on one single platform.
Unique Features
LimeFx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, and North Korea. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Podcasting is a powerful and more contemporary platform for regulated brokers and agents looking to network and broaden their audience.
Hi Mrs Pearl Reid,We apologize for the negative experience you had with LimeFx. Our team is committed to providing the best possible service and we will do everything in our power to resolve this issue for you. Please contact us at so we can assist you further.LimeFx ⚡️Empowering traders. Hi Peter Flavell, We’re sorry to limefx scam hear about your experience, and we take such matters seriously. Please provide us with more details through the Find Reviewer process on Trustpilot so we can investigate and assist you accordingly.LimeFx ⚡️Empowering traders. I am not surprised with the fact taht they have a live chat, cuz all brokers have it nowadays.
Order requests are transmitted to the interbank level, where LimeFx’s liquidity providers fill them. As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. When we test a broker’s customer support team, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. The easiest way to get in touch with LimeFx is live chat, which is available from the bottom-right corner of the main page.
Terms and conditions apply, and I highly recommend traders read and understand them before accepting any incentive. LimeFx, operated by Tradeco Limited, segregates client deposits from corporate accounts and offers negative balance protection. Founded in 2021, it lacks the longer operational history of many competitors, but my review found no misconduct on behalf of LimeFx, which maintains https://limefx.group/ a clean regulatory track record. Foreign exchange, the world’s most common transaction category, is also offered by LimeFx. FX markets enable flexible trading because there are no restrictions on trading volume. Many participants in the foreign exchange market might benefit from the likelihood of making gains by analysing the price movement of trading assets, currencies, and securities.
Once the account is active, starttrading with virtual funds or real money. This means that for every successful transaction referred through your efforts, you will receive a commission equivalent to 10% of the Net Sale Price. As an Affiliate, you are entitled to a commission rate of 10% for each Completed Transaction. The headings used herein are for convenience only and shall not be deemed to define, limit or construe the contents of any provision of this Agreement.
MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool. Because of its simplistic and straightforward design, I would say that MT4 is a good stepping stone for beginner traders wishing to learn essential charting skills on a platform with an easy learning curve. My tests indicate that LimeFx’s trading fees exceed the industry average. Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. The MT4 platform also provides a customisableuser interface, allowing traders to customise the trading environment accordingto their individual needs.
NBP helps protect traders from suffering largelosses in case of sudden market movements. It is a mechanism that prevents theaccount balance from going into negative territory and ensures that tradersdon’t end up owing money to the broker. Indices trading comes with a higherflexibility of short and long positions. With the help of sophisticated tradingtools, traders can make informed decisions while trading indices on the LimeFxplatform. Traders can view the fundamental data and analyse the sharesusing technical indicators. With the help of these tools, traders can selecttheir desired stocks and create suitable trading strategies.
MT4 provides a decent range of analytical tools and affords the execution of basic technical analysis, though its charting capabilities are rather cumbersome. I have compiled the table below to help you better understand the difference between the trading fees on LimeFx’s several account types. It illustrates the spreads and commissions I have recorded on the EUR/USD pair for each account type. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD with a pip value of $10. The platform also provides sophisticated toolsfor each instrument, allowing traders to analyse the markets and make informeddecisions when trading.
In addition,client funds are kept in segregated accounts in top-tier banks, and their personal information is guarded under SSLencryption. Proper usage of the provided Links is vital for accurate tracking of traffic originating from your Affiliate Site, which is crucial for commission calculations. Please ensure strict compliance with these requirements to guarantee the proper functioning of the Affiliate Programme.
- People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
- On the other hand, assets with a “wide” bid-ask spread can be more costly and time-consuming.
- This platform is known for its user-friendly interface andcomprehensive features.
- 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.
On the other hand, LimeFx does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average. The competitiveness of LimeFx’s fees depends on the asset classes traded.
This feature allows traders to execute orders with just one clickwithout having to enter all the parameters individually. These indicators provide traders with insightsinto the markets and help them identify profitable trading opportunities. Withthe help of these indicators, traders can make informed decisions when trading.