LimeFx Review 2023 Is It Safe Forex Broker?

LimeFx Ltd have received an execution quality certificate that confirms compliance with the strict requirements of the Financial Commission to its member brokers. This is something that you don’t see many brokers do, which is another thing that helps set them apart from the competition and shows how confident they are with their service. Bonds trading on LimeFx is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an LimeFx for the duration of the issued bond, and then give the original sum back at the end of the loan’s term to the LimeFx trader. While some bonds are traded publicly through LimeFx, most trade over-the-counter between large broker-dealers like LimeFx acting on their clients’ or their own behalf. Yield is therefore based on the LimeFx purchase price of the bond as well as the coupon.

They are often used where there is the need to run an automated trading system around the clock or if the local internet connection is unreliable and you need minimal downtime. I have my own VPS which is ideal for running my MT4 accounts without needing my laptop switched on all the time. I can easily login to my VPS or check the progress of trades from my phone using the MT4 app. You will notice that the broker has a vast collection of independent trading tools available which is great. This includes powerful tools for market analysis , calculators, calendars and a handy VPS service for running your platform remotely. The CopyFX platform allows traders to copy other traders’ transactions or to offer strategies for others to copy.

If you have any queries/feedback then please feel free to comment below. For the client’s account safety, it applies a two-step authentication system ensuring the account is logged in by the right owner. This exchange has obtained an Execution Quality Certificate from Verify My Trade (VMT). It confirms that the broker is in strict compliance with the requirements of the Financial Commission. In this guide, we’ll have an in-detailed discussion about all the features, necessary information, pros, and cons of LimeFx.

Unique Features

This means that in the event of significant market volatility or unexpected events, the trader’s account balance will not fall below zero. Instead, the trader will only lose the amount that they have deposited into their account, and not incur any additional losses. This is an important feature for traders to have, as it helps to protect them from potentially large losses that they may not be able to afford. LimeFx Trading platforms include MetaTrader4, MetaTrader5, R.StocksTrader and R.WebTrader. The R.StocksTrader is a web trading platform that allows traders to carry out financial transactions with the most advanced instruments, such as ETFs, and others. LimeFx provides 5 different live trading accounts, Prime, ECN, R.StocksTrader, ProCent, and Pro.

I try to grow a small account was able to do 2 withdrawal in cryptocurrency. 1st on Saturday reached my account on Sunday the 2nd today within a business day. If you can’t trade don’t blame your broken but their conditions and platforms are amazing. LimeFx also charges non-trading fees, which include fees for deposits and withdrawals, as well as account inactivity fees. Inactivity fees are also charged for accounts that have been inactive for more than 90 days, with a fee of $10 per month applied until the account becomes active again.

LimeFx Islamic Accounts

With multi-language support in 13 different languages and various channels of communication, the broker has been successful to maintain a good. Overall, LimeFx can be summarised as a safe broker that is fully regulated by the Financial Services Commission. ForexPeaceArmy.com has advertising and affiliate relationships with some of the companies mentioned on this site and may be compensated if readers follow links and sign up.

They are an international broker who are very proud to provide a variety of services to clients, which are of the same quality for all, regardless their experience and amount of their LimeFxs. LimeFx is the international multi-asset broker of RoboMarkets who are the EU subsidiary. LimeFx tradable financial instruments are the financial instruments that are specifically available to trade on the LimeFx trading platform. This refers to the different types of financial markets you can trade with through LimeFx. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on LimeFx. LimeFx swap free accounts do not accumilate interest and LimeFx transactions are actioned immediately.

Does the LimeFx platform offer real-time updates or delayed updates that are more informed? Remember to check if LimeFx is well regulated, and what tradeable financial instruments LimeFx has. Security is very important when it comes to trading with LimeFx.

Phenomenal and seamless service

limefx website offer traders Gold (XAU/USD), Silver (XAG/USD), and ETFs on gold, palladium, platinum and silver. Spreads start from as low as 0 pips with order execution speeds from 0.1 seconds. CTrader mobile has the same features as the desktop version and is available for download on both Android and iOS devices. You can set notifications within the mobile app and conveniently manage your account on the go from anywhere in the world. I found the app to have a nice modern interface that is easy to navigate.

• It maintains the same features, tools and performance as the desktop platform with the freedom to use it from anywhere in the world with an internet connection.
• Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
• They can be divided into trading and LimeFx terminals, which include a set of algorithmic tools, i.e. capable of creating automated trading systems without having to learn programming languages.
• If you are new to trading, I feel MT4 could be a good choice due to its simplicity.
• This will help place you in a much more secure position to maintain the value of your portfolio.

The broker offers several different account options, including Prime, ECN, R StocksTrader, Procent, Pro and Demo Accounts. Forex Admin Team is a dedicated group of financial professionals who are passionate about helping traders and investors grow their portfolios. We provide in-depth analysis of Forex Brokers, Stocks, CFDs, ETFs, and other financial instruments to help our readers make informed decisions. Above all, limefx company reviews offers negative balance protection for its clients. It means if in case the market volatility pushes your account into a negative balance, the exchange automatically tops up the extra balance and settles it at 0.

LimeFx review

Signing up to LimeFx will give you the choice between six accounts, including an Islamce account. This means that your deposits will be secured up to €20,000, which will be enough to cover most retail deposits. Overall, LimeFx goes to pretty significant lengths to make sure its clients’ funds are protected. LimeFx Group has 800,000 clients from 170 countries across the globe. The broker caters to this wide selection of countries by offering support in 18 languages. For the celebration of its 10th anniversary, the firm was giving away $1,000,000.

We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. I hope after reading LimeFx Review you will signup for this broker.

They offer a good choice of flexible account types as well as funding options for everyone. There is a range of trading tools to assist with trading https://limefx.club/ and plenty of frequently updated detailed market analysis provided. It is clear to see why they are a multi-award-winning online broker.

Nonetheless, most offshore brokers compete in the market by being honest and providing quality services instead of focusing on the regulatory restrictions put on them by an external regulator. And, LimeFx has earned its name by doing exactly that for over a decade. LimeFx recently registered a company in Cyprus called RoboMarkets Ltd and hopefully, they will be soon be regulated by the CySEC in the future. But for now, traders looking for an offshore broker only have the IFSC in Belize to watch their backs.

LimeFx Desktop Computer Trading Platform

For example, you can display three charts of the same instrument, but with different time values. R StocksTrader is a trading terminal created by LimeFx, which, in principle, does not stand out among similar solutions and its functionality is quite similar to the usual MT4. Most likely, it has been created by the company to replace MT4 for mobile and desktop devices in order to reduce the expenses on license fees charged by MetaQuotes Software Company for the use of their terminals. For a relatively old company, LimeFx is running some of the most lucrative deposit bonus programs in the market.

Since its establishment, the broker has managed to demonstrate itself as a well-regulated broker and gained the trust of millions of traders with its excellence in financial trading services. When it comes to funding your account, this is yet another area in which the broker really excels. They have vast range of over 20 payment systems that you can use for depositing and withdrawing funds to and from your trading account. There is 0% commission for deposits and withdrawals as all expenses are covered by the broker. They also compensate clients commission for funds withdrawal twice a month.

LimeFx Deposit Fees

Traders can also take advantage of the free VPS hosting offered to accounts that maintain $300 or more, and are verified. Traders without automated trading solutions require MT4 or cTrader should look into using the R Trader. This platform offers a quality experience, and creates automated solutions. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun. In doing so, we often feature products or services from our partners. However, the opinions and reviews published here are entirely our own.

• There can also be additional fees, such as inactivity charges, withdrawals and transfers.
• To start the registration process, simply click on the green open trading account button on the official LimeFx website.
• However, during our tests, we found the order execution to be mediocre, with a few slippage issues.
• The operation is licensed under Cyprus Securities and Exchange Commission (CySEC).

Apart from MT4 and MT5, which are already familiar to the market, LimeFx has added two terminals of its own design to its arsenal. A number of functions realized in them are very convenient for professionals, though not the most up-to-date solutions on the scale of the world’s trading industry. To lure customers into trying their service, they are offering a $30 USD welcome bonus to all new customers.

Commodity trading is a type of trading available on LimeFx where individuals or businesses buy and sell financial instruments using LimeFx related to commodities, such as metals or oil. LimeFx STP (Straight Through Processing) account is a LimeFx trading feature that involves sending LimeFx client orders directly to the market without passing them through a dealing desk. A LimeFx STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models. Apart from the restricted countries a LimeFx trading account can be opened globally. While LimeFx does offer a mobile app for Android and iOS, making it easier to stay on top of trades on the go, we recommend checking out some of the top forex trading apps.