Negative balance protection exists, meaning traders can never lose more than their deposits. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. LimeFx has two expensive, commission-free cost structures and one competitive, commission-based alternative. The fixed-spread account starts with minimum spreads of 3.0 pips, or $30.00 per 1.0 standard round lot, versus the floating-spread alternative of 1.3 pips or $13.00.
- Both are expensive, but the commission-based ECN option shows raw spreads from 0.0 pips for a commission of $5.00 per round lot.
- LimeFx has two expensive, commission-free cost structures and one competitive, commission-based alternative.
- I always recommend that traders check these before evaluating the total trading costs.
- Besides the volume-based cashback rebate and VIP programs, LimeFx features a promotion allowing traders to earn money, which they can transfer as a bonus to live trading accounts.
- Account verification is mandatory at LimeFx, as it complies with global AML/KYC requirements.
I like its focus on trading strategies, but I need critical educational material. MT4 remains the industry leader with 25,000+ custom indicators, plugins, and EAs, but the quality upgrades are not free. LimeFx also has the MT4 MultiTerminal for asset managers and traders with multiple accounts. LimeFx offers 43 currency pairs, a choice suitable for most traders.
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Minimum withdrawal amounts vary based on the payment processors, but all are low. Deposit and withdrawal currencies are US Dollars and Euros, plus all supported cryptocurrencies. Per AML rules, the name on the payment processor and LimeFx account must match. LimeFx offers 24/7 customer support, and traders can reach out via e-mail, phone, Telegram, or live chat.
What are the payment methods for LimeFx?
LimeFx explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise. LimeFx is also a member of the Hong Kong-based Financial Commission, which has a compensation fund of up to €20,000 per client. Verify My Trade and Autochartist company verifies and audits order execution monthly, which traders can access.
В настоящее время LimeFx обслуживает более
I highly recommend it to all traders, particularly algorithmic and high-volume traders. DailyForex.com adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
Both are expensive, but the commission-based ECN option shows raw spreads from 0.0 pips for a commission of $5.00 per round lot. limefx scammers is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of LimeFx’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim.
A competitive ECN trading environment with audited and verified order execution. We’re committed to continuously improving our products and services, as evidenced by multiple international awards. This feature was designed specifically for traders who use several accounts, and for Investment managers who manage multiple Investment accounts. The interests of https://limefx.biz/’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. The secure LimeFx back office handles all financial transactions for verified clients.
LimeFx upgrades the trading experience via Autochartist, which includes automated chart pattern recognition and trading signals. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations.