Also LimeFx is regulated in its local jurisdictions including major financial regulators like Cyprus Securities and Exchange Commission (CySEC). LimeFx are considered reliable as they are regulated by and checked for conduct by the Cyprus Securities and Exchange Commission (CySEC). Any payments funded to LimeFx accounts by traders are held in a segregated bank account. Tier 1 is the official measure of a bank’s financial health and strength.Trading with LimeFx is risky, and because the market is so volatile, losses could happen at any time. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees.

Create an account using the link below to claim your welcome offer today. I have been using LimeFx for a long time now and I can say that LimeFx is a great broker with amazing account types but my main choice is ECN XL account. It offers low spreads, fast execution, and no commissions. I enjoy trading with LimeFx and recommend it to anyone looking for a reliable and professional broker. And this platform is known for its reliability and functionality.2) In addition to platform company provides VPS service.

• With Autochartist, LimeFx traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs.
• They can easily earn even more than fifty bucks for one trade.
• LimeFx trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools.

This service offers improved security, speed and accessibility. One type of account is real advantage over those brokers, which offer tons of various accounts and the conditions on them aren’t different. They have small differences, but here everything is combined in one account. Moreover, if you have a company you can open a corporate account, but the process of opening such an account is a bit different and as it seems to me – a bit more difficult.

Don’t be scared off by brokers like LimeFx charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. I wondered when found out that the company has no minimum deposits.

Why don’t US forex brokers have High Leverage?

If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. CFD trading on LimeFx allows traders to speculate on the price movements of various financial instruments against the broker LimeFx, without actually owning real assets. With CFDs, LimeFx traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.

On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LimeFx leverage magnifies both profits and losses in trading. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. The next step involves submitting identification documents for LimeFx account validation and making a deposit. Once completed, LimeFx users can download the trading platform of their choice.

The profit potential of a highly leveraged trading can best be explained through illustrations. For example, if you wish to buy 1 lot of USD/JPY (US Dollar versus the Japanese Yen) at the price 96.00 and the price appreciates to 98.00, then the difference will be your profit. The same process is followed when opening a Live and Demo Account.

As a regulated entity in the EU, LimeFx follows the Markets in Financial Instruments Directive (MiFID) which oversees investment services across the European Economic Area. There are no charges for making a deposit except for mining fees if you top up using crypto. However, limefx company reviews there are fees on withdrawals for bank wires, cryptos and e-wallets. However, the majority of withdrawals take up to give working days to clear, apart from Skrill and Neteller which are processed in real-time. In addition, 12 indices are available to live account holders.

FOUR STEPS TO START TRADING

Beginners and inexperienced traders must take the time to learn how to use the LimeFx trading tools properly. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. Forex trading in Canada is highly regulated with multiple trustworthy brokers and platforms available to retail investors.

Regulated, Transparent and Fair ECN Trading

To open a trading account with LimeFx, individuals can sign up on the LimeFx website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. It’s important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn’t allow automated trading scripts such as Expert Advisors.

CFD Trading Details

The LimeFx team did resolve and answer our queries, but the email support from LimeFx was overall average compared to other brokers we have tested. In addition, we tested LimeFx support services in various countries and languages and found that LimeFx https://limefx.vip/ were able to effectively resolve our customer issues. Explore the LimeFx platform and train yourself to think systematically and logically about the markets. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store.

Customer Support

It is necessary for each trader to understand what he does and why he came into trading. LimeFx has several advantages that may be of interest to a wide range of private investors.First of all it is scalping opportunity. No one will block your account for ultra-brief trades.The second one is fees. As a beginner trader, LimeFx has been a great platform to learn and grow my skills.

Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Other helpful features include a glossary of terms, an economic calendar and forex news. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit. Clients will also need to pay rollover fees as well as a $5 dormancy charge on accounts that have been inactive for 120 days. Live spreads average at 0.2 pips for EUR/USD and around 1.0 pip for GBP/USD. LimeFx has a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver.

With its powerful features and easy-to-use interface, Autochartist is an essential tool for LimeFx traders of all experience levels. Let’s explore each of these trading platforms in detail and what options LimeFx gives you. If you want to trade currency pairs on global Forex markets, LimeFx offer over currency pairs. LimeFx may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged.