LimeFX Forex Broker

You should consider whether you can afford to take the high risk of losing your money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It also offers various articles written by its in-house team of analysts, but these are not updated often. Beginners who require deeper market analysis should use other third-party market research to supplement this information. The education section at LimeFX consists of a single page with an explanation of the basics of Forex trading.

Read on to find out more about the broker and to decide whether it’s right for you. Once processed, traders will be notified that their demo account has been registered and traders will be logged into their demo account. Are you trader interested in trading the financial markets but feel like you don’t have the time to learn new strategies? Maybe you already trade but can’t find a way to take your trading up to a professional level, or perhaps you’re just…

LimeFX was a prominent player on the Russian financial market. In 2005, it was one of the first Forex brokers in Russia along with Kalita Finance and LimeFX. In 2006, it sponsored intra-day Forex trading competition for professional traders and students of Plekhanov Russian University of Bond (finance) Economics, one of the first such contests in Russia. In 2011, with 35,5 thousand retail clients LimeFX was 4th largest Forex broker in Russia. The firm, however, lost its competitive edge, moving to the 12th place in 2013 and keeping this position as of 2016 with just 6,5 thousand clients.

Spread & Commission

With the new version of the FIBO cTrader app, comes improved accounts management. You are now free to choose custom names for your trading accounts, as well as choose to hide accounts you do not use. Having accounts denominated in GBP is an advantage for British traders who will likely have bank accounts denominated in GBP, and who will be able to avoid paying currency conversion fees on deposits and withdrawals. On the whole, this is an irresponsible move on the part of the broker.

• The Forex industry has been booming and nowadays, the market can be divided into old-school brokers and new hip brokers which have been around since recently.
• It also offers various articles written by its in-house team of analysts, but these are not updated often.
• LimeFX is used by over 10,000 active traders and LimeFX users.
• What is the maximum high execution speed also I’m looking for leverage of 1,888 or more.

LimeFXs trading fees are generally in line with what is seen at other similar brokers. British traders will be trading under the LimeFX entity regulated by the Cyprus Securities and Exchange Commission . The website is available in different languages including Deutsch, Polski, Українська, فارسی, Bahasa Indonesia, Italiano, Español, Português, 中文, Tiếng Việt, ภาษาไทย, Melayu, Türkçe, and Русский. Traders are eligible to use master cards, credit cards, debit cards, Neteller, CashU, RegularPay, FasaPay.

What Are The Forex Trader Account Types With LimeFX?

It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary. Reading analytical outlooks on the price movements, you might be met with the word “pullback”. Sign up to our newsletter in order to receive our exclusive bonus offers and regular updates via email. Contact Summitrecoup Dtcm to help recover all your scammed funds. Got all my funds recovered after weeks of getting in touch with them… over $256,850 recovered after my trust wallet account was being hacked and manipulated. I was scammed twice before by fake recovery company who said they could help but didn’t.

In addition, it provides reviews of the signals’ strategy which are attached to the accounts that appear in the rating. Also, for each signal published, useful recommendations regarding the terminal settings to connect to the selected signal are available. Traders can follow the various signal providers that are ranked according to a number of metrics, including their overall performance, stability, maturity, exposure, and minimum equity required. LimeFX offers none of the technical or fundamental analytics tools available at other brokers. However, it offers PAMM accounts, and automated trading solutions.

There are two account types designed by LimeFX, so you may choose between MT4 NDD Account or MT4 NDD No Commission Account. While the first account offers competitive variable spread from 0 pips you will need to pay commission per transaction, making it a great account type for various trading techniques. LimeFX offers traders a multiple choice of trading platforms between MT4, MT5 and cTrader.

Some traders prefer experienced brokers, but yet there is a group of traders who want the hip, modern brokers who are dynamic and vivid. As I said, there is no rule anymore in the industry, and the industry is based on traders’ preferences. This review concerns an old-school broker who has decade-long experience and who is successfully keeping up with the completion, regardless if old or new. This LimeFX review will explain what this broker is about and where the broker put down its roots. LimeFX has among the most advanced trading platforms that enhance the trading experience.

What Platform Does Fibogroup Offer?

MetaQuotes trading platforms MT4 and MT5 are available for real live trading and LimeFX demo accounts. Both these top rated platforms provide you with all the necessary tools and function to make your trading experience seamless and trouble free. LimeFX is an international financial holding company established in 1998 that provides online trading services mainly on foreign exchange market . It also offers an electronic trading platform for the purchase and sale of financial securities, CFDs, commodities and cryptocurrencies. New features like additional timeframes and advanced charting tools can give you a competitive advantage in the financial markets. Spreads and commissions are payable on all trading accounts apart from the MT4 NDD no commission account.

Also available, for those who prefer automated trading is Myfxbook Autotrade. This simple and reliable automated trading platform lets you copy trades of successful traders to your very own account. No additional software is required, and it won’t take long for you to connect your account. The company offers flexible modes of transactions and accepts modes such as credit cards, bank transfer, and automatic pay through the bitpay pay system. No commissions are charged on deposits and up to 50 dollars will be charged on withdrawals. The Act created a new regulatory framework for financial services and abolished the Financial Services Authority.

Is Trading With LimeFX Safe Under Cysec & Fsc Regulation?

Navigate to the LimeFX website and select ‘open demo account’ on the homepage. Alternatively, traders can navigate to the ‘Accounts’ section to view the features for each account and select which account to open a demo on. Octa Markets Incorporated is a forex broker recognized worldwide.

Deposits are instant, withdrawals take several minutes, up to days. As a well-regulated broker, LimeFX ensures that all Anti-Money Laundering rules and regulations are followed. Overall, LimeFX’s account-opening process is fully digital and hassle-free and accounts are ready for trading immediately.

The most useful parts of this page are the links out to LimeFX’s YouTube channel where traders will find a selection of helpful videos in a structured course format. Overall, LimeFX would do well to add some more tools to its trading arsenal to help clients make better trading decisions. Four types of order execution, including Market, Limit, Stop, and Trailing Stop orders. FIBOGroup’s platform support is limited compared to other similar brokers. LimeFX offers a limited range of base currencies compared to other similar brokers. LimeFX’s registration form requires traders to fill in their personal details, including physical address, date of birth, and ID number.

They are among the best brokers in the industry offering trades in numerous assets including stocks, commodities, currencies, indices and cryptocurrencies. Fortrade is regulated and licensed by the FCA LimeFX review – Scam or legit forex broker? in the UK well as ASIC in Australia which makes client funds safe. Up-to-date market analysis is provided on current market conditions and events which are dominant fundamental and sentimental factors.

Specifically, the offices are located in Kiev, Limassol, Singapore, Vienna, Almaty, Limassol, Munich, and Astana. Yet, make sure to check with the support service which payment method available according to the entity you trade with, as well to your residence. This information is important so that clients can invest any little amount they can spare. In order to be able to first watch the working of the brokerage. If then they are satisfied with what they see, they can determine when to withdraw their money. Further, since no commission is monitoring them, they are not under obligation to trade fairly.

They would be less likely to follow trading rules set to guide those involved in the Forex market. Demo account and Islamic swap-free account service are also available for the clients. You have the chance to work in a pure ECN environment via NDD Technology. Multi-language Client Support is also available 24 hours through Live Chat, Telephone, and email. Let other traders know if this service is worth checking or should be avoided. Forex traders must have valid identification and proof of residential address as part of the “Know Your Client” or KYC and Anti-Money Laundering processes to ensure a secure trading environment.

You can reach the LimeFX support team via e-mail, phone line, live chat, and even fax. The customer support is at your disposal 24 hours a day, 5 days a week. If you should have any questions or concerns, just turn to the support team which will kindly help you.

This is courtesy of the many features that these platforms come with. Its various trading platforms are the Meta trader4, the Meta trader5, and the Ctrader platform. FIBOGroup’s trading platform is available on both Android and iOS mobile devices and tablets. As with the web trading platform, traders can choose from multiple languages.

Axi Forex Trade Platform And Broker Review

Forex education and analysis are not as detailed as many of LimeFX’s competitors, and customer service is largely unresponisve. Deposit and withdrawal fees are higher than many brokers too, but options do exist for instant and free funding. LimeFX’s MetaTrader 4 is the most popular and widely used trading platform that offers forex traders a large variety of trading tools. MetaTrader 4 offers a large range of instruments as well as indicators for technical analysis, a comprehensive news feed, online quotes in real-time, and charting capabilities. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money. A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.