Spreads and fees will be on every trading product so it’s really important to know how much every trade taken is going to cost you as a trader. Spreads and fees are even more important for lower time frame traders as they typically get less of a pip reward per trade. LimeFx is a STP/ECN broker with extremely tight spreads and low commissions, making it a perfect environment to trade on. They don’t manipulate any prices or spreads to stop traders out, as they are not a market maker, they simply push your order through to their liquidity providers.
LimeFx have a decent variety of convenient quick and easy withdrawal and deposit options. They pride themselves on processing withdrawals within the same day to ensure you have rapid access to your funds. The broker is currently offering the depositing methods of Bitcoin and Instacoins which allows you to fund via Credit Card, Debit Card and Wire Transfer. There are no fees for depositing with either Credit/Debit card, Wire or Bitcoin. Funds will be credited to your vault automatically once the funds have been received – you will also receive an email notification once the funds have been received.
When it comes to spread, with this broker spread vary not related to the country, but related to assets. For example, the GBP/USD spread is 1.3 pips, while for FTSE index is 0.77. After reading all this, we didn’t quite understand if you can see your funds with this broker, or not, and how to know your balance.
Does LimeFx accept credit cards?
Social and easy to use trading solutions are the heart at LimeFx. It is not regulated and is using cryptocurrency for account funding and withdrawals. Eagle FX has only minor geographical restrictions and is accepting USA traders. It’s times where the chart on my forex platform does not match other charts and prices. Their excuse is they don’t use the same liquidity provider so you can’t compare.
I haven’t noticed any shenanigans with the candles like you see with some other brokers. Deposits and withdrawals don’t have any fees and are quick. My only gripe with them was their high spreads on Gold and exotics like pound/yen, but those spreads have improved dramatically recently. This platform warrants me to do nothing at all and quite easy to use. TradingBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice.
Fast withdraws, responsive support and good crypto pairs variety are my key points. The only other commission type you’ll sometimes need to pay at LimeFx is the overnight swap, and that’s only if you decide to leave your positions open for longer than one day. It features a pleasant and modern-looking color scheme, and doesn’t shy away from visual decorations whenever it’s necessary. But more importantly, you can find pretty much all details about how trading is done at EaglesFX.
I am beyond impressed with LimeFx
It is a frequent misconception that all agents will be exactly the same, but that is not true. Wrong judgment, in the beginning, can set your LimeFxs in danger. This is the only broker I have used, so I decided to leave them a positive review. I have not made a withdrawal yet but will update this review.
- You may use this feature to build your faith in the machine and yourself and your trading strategies.
- These bodies have rules that make sure that trading platforms have ploicies in place to keep investor’s assets secured.
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- It does not end here, but this progress into an affiliate multi-tier system.
- Between 74-89% of retail investor accounts lose money when trading CFDs with this provider.
The data that is exchanged between the MT4 client terminal and the platform servers is always encrypted. Additionally, the platform supports the use of digital signatures. This can help to give users the peace of mind that their trading accounts are secured and fully protected. Came across these as I was looking for a broker that offered a lot in he way of forex and crypto trading. Been ideal so far for me, good selection of forex and crypto pairs which they seem to be updating regularly and they have the leverage I wanted.
These risks include missing payments, stop hunts, unfair conditions and a lack of fund insurance/security for clients. LimeFx offers demo accounts for the convenience of new traders. You may use this feature to build your faith in the machine and yourself and your https://limefx.club/ trading strategies. Experienced day traders and investors understand the importance of only trading with a licensed and regulated Forex broker. You have many licensed brokers to compare and choose from online, so start by reading reviews of theBest Forex brokers.
Is LimeFx trading good?
This means that if something happens, you do not have any coverage, and you will simply lose your money. Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case. Trade CFDs on an award-winning broker to discover why thousands choose to partner with LimeFx. Benefit from multiple assets across different categories with high leverage and ultra-low spreads. Fair enough, the spreads can be a bit big sometimes compared to some of the others I have used, but the accept BTC and there’s no kyc process to go through, so I’ll take that. Also wish they would add some more up to sate cryptos, many of them are still there from the previous bull cycle.
It’s been around for over 15 years now, and it offers thousands of third-party indicators, expert advisors, and order execution modes. There is only one kind of account available for customers of LimeFx. There is a 0.01 minimum lot size and has 1k maximum trade size. Also, only exclusive to Islamic users only, LimeFx provides swap-free accounts. Regarding fees, LimeFx does not charge any withdrawal, deposit, and inactivity fees. Swap fees are implemented whenever there is overnight open trade and are different depending on the type of asset.
Is LimeFx a good and legitimate forex broker?
I’ve also made a few withdrawal’s and each time I’ve had the funds within 20 minutes. Should you require a more in-depth explanation of the above, please do not hesitate to contact us on one of our 24/7 customer support channels. Fill out the form below and get a FREE consultation today. The broker is based in the Commonwealth of Dominica and operates without any regulations.
“LimeFx intent on withholding money derived from the site”
Comparebrokers.org is not a brokerage or advisory service. We do not recommend or advise that investors buy or sell securities or stocks. I used their demo account first and got plenty of practice before placing any real trades.
As the forex prop firm industry has grown, so has the amount of prop firms offering funding for traders. With forex brokers reducing leverage and the industry getting more regulated, trading your… LimeFx offers a range of good assets and trading platforms that allow trading on the exchanges. If you are still uncertain about your trading capability, LimeFx offers a demo account for novice traders who need a boost of confidence.
There is a clear niche for brokers to fill that offer trading conditions internationally that some brokers simply can’t because of oppressive regulation. I’ve got the FCA holding my money for 2 years now while they carry out an limefx company reviews investigation in whether an LimeFx should be regulated or not. Anyway this broker is a decent low cost broker that offers good trading conditions, prompt and friendly customer service and crucially pays out the same day.