LimeFX UK has been rendering broker services since 2005, with top priority in development and enhancement of innovation solutions for trading. With its MT4 ECN innovative trading platform launched in 2009, LimeFX has become one of the first brokers to provide retail traders with access to interbank trading floor via MetaTrader platform. LimeFX was the first Forex broker to offer its clients ECN trading via the Meta Trader 4 terminal.
LimeFX also complies with client money handling regulations and employs strict policies and procedures regarding the maintenance and operation of these accounts. For these reasons, LimeFX clients’ funds are kept in top-tier international banks, such as the Commonwealth Bank of Australia, Barclays Bank Plc and Lloyds Bank Plc, fully segregated from the company’s funds. LimeFX also provide mirror trading via the popular social trading website Myfxbook.com. You can set your account to automatically copy the trading signals of other traders listed on Myfxbook. When a trade is placed on the providers account, the MT4 terminal will send a signal to your account to duplicate the trade.
What execution speeds can I expect, and what is your execution policy?
LimeFX cashback will depend much on your trading volume, the larger the volume the more cashback you will receive. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The currency rates calculator can show you exact currency conversion rates which can be useful when depositing or transferring between LimeFX accounts.
LimeFX ECN account is the broker’s most competitively priced account, suitable for all traders, but particularly useful for scalpers, high-volume traders and those who trade with Expert Advisors (EAs). The ECN account allows trading of 50 FX pairs, plus 25 cryptocurrencies CFDs, and is available with the MT4, MT5 and TickTrader. Spreads are floating, starting at 0.0 pip on major FX pairs and a trading commission of 1.5 units per lot traded. limefx scammers LimeFX Ltd, is a member of the Financial Services Compensation Scheme (FSCS), an independent compensation fund of last resort for customers of authorised UK financial services firms. The ICF is an investor compensation fund for retail clients of CIF registered financial firms, and its functions are regulated by the directive DI87-07 of the CySEC. LimeFX were one of the first online brokers and remain one of the most established today.
LimeFX verified customers – with a live trading account – recommend the broker for its range of complete trading accounts, together with the low minimum deposits required to open a live account. Also on a positive note, traders praised the broker for its low spreads of the ECN account. Negatively, some LimeFX users complained about the broker’s spreads for the Micro and STP accounts, stating they were slightly above industry average, especially during the Asia session when compared to other brokers.
TradingView
Once verified, fund using our multiple funding options and start trading with spreads from 0.0 pips. High frequency trading, all types of expert advisors (EA’s) and scalping are all welcomed forms of trading. This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as LimeFX to ensure you get the most back from your trading activities. Traders can qualify for a free Forex VPS by maintaining equity of USD 5,000 in their accounts at the end of the month or by trading volumes of USD 10,000,000 per calendar month. Clients can also connect with LimeFX on social media platforms such as Facebook, Twitter, and Instagram to ask questions and receive updates on the latest news and events. Once the deposit is processed, the funds will be credited to your LimeFX account, and you can start trading.
Also negatively, a few traders signalled the inefficiency of the LimeFX customer support services with technical questions. Our clients can choose from a variety of trading accounts (STP, Micro, ECN and free unlimited demo accounts) and enhance their trading capabilities with Myfxbook and Zulutrade automated trading systems. We also welcome Islamic traders and let them take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts. Since 2015, over 1,500 traders have won cash prizes and bonuses with a total amount of $200,000.To check out the current LimeFX contest, or to register for the next available one, follow the available tournaments link. LimeFX offers a demo account on the STP, ECN, and Crypto Accounts for traders who wish to test the trading platform and practice their strategies without risking real money. The demo account provides access to the same trading platform, tools, and market conditions as live accounts.
- LimeFX publishes a Product Disclosure Statement and Financial Services Guide, which spells out exactly what customers are signing up for when they opt for LimeFX as their broker, including the risks involved.
- For every account type there is a rebate to help you get started with live trading.
- Once approval is given, you will automatically receive your cashback rebates from the LimeFX system.
- Cryptocurrencies such as Bitcoin and Ethereum have proved to be popular for speculators, due to their high volatility.
- Chart templates can be saved for you to get easy access to them at a later date.
This can help to reduce spreads and slippage whilst providing plenty of liquidity at all times. I find that trading on an ECN model is usually popular amongst the more experienced traders and those who use a scalping strategy. TickTrader features a sophisticated charting package, a real-time news feed, and powerful analytical tools, providing traders with a comprehensive and intuitive trading experience. LimeFX employs top liquidity providers (exchanges) to aggregate liquidity and hedge client exposure risks. LimeFX provides excellent customer support, with dedicated professionals available to assist traders with any issues or queries.
LimeFX MT5 trading platform is currently supported only with the LimeFX ECN account. LimeFX reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more. LimeFX is an established online trading broker founded by a group of traders in 2005. Since then they have grown to become one of the leading brokers across the globe with over 1 million accounts opened in more than 100 countries. They have ECN liquidity which ensures you get tight spreads and fast trade execution speeds. There are low commission fees across multiple instruments and markets including CFDs on Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals & Energies.
LimeFX offers Micro forex accounts denominated in US cents, featuring a minimal initial deposit of $1, small transaction sizes, and low margin requirements. Despite their low financial barrier to entry, Micro forex accounts offer trading conditions comparable to those of STP accounts. A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker. The broker uses a true electronic communication network (ECN) model via the popular MT4 & MT5 platforms.
LimeFX MetaTrader 4
Therefore, make sure that the account you want to open offers the instruments that you wish to trade. MT4 includes many other features such as a news calendar, real time quotes, history centre, one click trading https://limefx.group/ and much more. I personally love the news calendar and history centre in aiding my trading decisions. You simply download the platform for free, install it, and login to your LimeFX trading account.
They provide professional trading services to retail and institutional investors alike. This means that you can day trade with them and send orders with large volumes without compromising on quality. Interestingly, back in 2009, LimeFX were amongst the first brokers to offer clients direct access to interbank liquidity with ECN trading through MT4. This is why they can continue to give you some of the lowest spreads and commissions in the industry.
With a LimeFX demo account traders can compare this CFDs broker with its peers, regarding its product offering and trading conditions. A LimeFX demo account can also be used by novice traders to practise their trading skills in a safe environment, without risking real money. Opening a LimeFX demo account takes less than 5 minutes, and is available for the MT4 and MT5 terminals and TickTtrader platform.
What cryptocurrencies can I trade with LimeFX?
LimeFX AU Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) in Australia. LimeFX EU Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe. LimeFX Ltd is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. To add or withdraw funds you just need to login to the LimeFX personal area and choose your desired funding method, amount and account.
This account has no limitations on trading styles allowing for scalping, news trading, automated high frequency trading (HFT), expert advisors and hedging. There are two sections on the LimeFX website that include frequently updated market news & analysis. They cover multiple markets with detailed write ups and explanations that are supported with clear chart annotations. You can use them to get potential ideas for trading opportunities and to keep up to date with the latest market insights. You can use the commission calculator to get instant commission calculations per half-turn or per round-turn for any FX currency pair or metal.
Markets
Developed by MetaQuotes in 2005, MT4 has since been the leading trading platform and will usually be sufficient enough for most traders, regardless of your experience level. I appreciate that it is fully customisable and easy enough to use for beginners whilst having enough complex tools for the more advanced traders. LimeFX aggregate liquidity from multiple participants which can give you institutional liquidity and instantaneous order execution.
