With the MT4 and MT5 mobile apps for Android devices, traders can access their accounts and execute trades swiftly from different screens and customised layouts. These apps also boast of advanced charting and over 30 technical indicators. The app is available for android devices that run on android 4.0 or higher. If someone asks you whether LimeFX is ‘safe or not’ then pick the latter. The kind of information the broker is hiding is a sham on its existence. It is there for more than fourteen years, yet needs to work on lots of loopholes and major errors to sponsor better facilities to traders of all strata of society.
Individual news stories, provided by third-party news sites such as ForexLive or tickerreport.com, open on a new page, which is rather cumbersome. The news feed is also cluttered with Twitter messages. Similarly to the web trading platform,LimeFX provides only a one-step login. You can’t set alerts and notificationson the LimeFX web trading platform.
With the MT4, MT5 and cTrader platforms, you can download either iOS or Android apps. That said, there are many educational tools and advice to benefit the novice. The fact that there is so much choice when it comes to the platform means that it is suitable for everyone regardless of experience or https://limefx.group/ style of trading. An impressive 63 market assets means plenty of choice when it comes to CFD trading. In conclusion, there is much to like about this broker. While a wise choice for the more discerning trader, due to the selection of platforms, trading charts and tools, it is suitable for all.
For standard account, the average spread for EURUSD is 1.1 pips. The company name is International Capital Markets Pty Ltd. The main objective of wast to create a retail broker which can connect the individual traders and small companies to the trading solutions offered by big financial institutions. Through the years the broker became bigger and bigger and started to work with international clients from Europe and China. It is one of the brokers with one of the best trading conditions. The raw spread accounts offer 0 pip trades, while commission fees apply.
What’s the regulation of LimeFX?
Besides, it should offer equal opportunities for beginners. You can instead chooseTradeATF, ETFinance, ROinvesting are some of the top-rated and leading best online brokers available in the market. Moreover, if you are doing wire transfers through an international bank, then you’ll have to pay an extra commission from your pocket, which will be around USD 20 at least. Above that, intermediary fees will also apply and the process of withdrawal will take a minimum of fourteen days.
- Or you register as a partner with LimeFX and recruit other customers.
- You can also leverage the cTrader developer network to help you code your own indicators and algorithms.
- Even when I have had slight issues the customer support has always been very helpful.
- The kind of stop loss you choose will depend on your level of experience, your personal preference, and how you trade.
- The server for this account type is located in New York and provides users with the speed they need, in terms of execution.
Sometimes, the requirements can differ from one broker to the other. Opening process is easy and fully digital, allowing you to trade as soon as possible. These will all help to augment your trading and are only available on MT4.
Withdrawals would not happen or the broker is manipulating the spreads. From my experience, there is no scam or fraud on this broker. There are more than 20 indices from all over the world available.
Is LimeFX a regulated broker?
To make the process smooth, we take a look at some of the common tradable currency pairs and CFDs, which all brokers offer. LimeFX review details show that the firm promotes itself as the most suitable broker for traders who move high volumes, use algorithms or scalp. Their fast execution speeds are courtesy of their New York Equinix Data Center. Using this resource, they can process up to half a million trades a day. Spreads depend on the type of account you open and are competitive when compared to other brokers. With the Raw spread accounts, the spreads are zero pips whereas with the standard account they start from 1.0 pips.
It is possible to become a participant of the program by registering on the site in the corresponding section. Over time, the platform has become handy not only for trading forex instruments, but also CFDs with several asset classes. A couple of hundred new features have been added here in recent years. The terminal differs significantly from Metatrader, making it a competitor.
On the downside, LimeFX has a limited product portfolio, offering only CFDs and forex. The live chat service is slow and the answers are irrelevant. Lastly, there is no investor protection for non-EU clients.
Customer support and service at LimeFX
Available video tutorials help to understand the basic concepts of Forex. Not only newbies, but also experienced traders can derive useful limefx cheating information from them. Moreover, in the training section of the site icmarkets.com everyone can take the basic course of 10 video lessons.
- In addition to that, Islamic account facilities are there too.
- Withdrawals are free except for international bank transfers, which generate a commission of AUD$ 20.
- The features you get on the desktop app are the same as when trading straight from the browser.
- Do not invest what you are not able or willing to lose.
- Feel free to try LimeFX as you can open an account within a day and there is no inactivity fee.
The applicable spread also starts at 0.0 pips and a commission of 3.00$ per 100k traded that serves execution through Equinix LD5. The company was incorporated in Sydney, Australia in 2007 by a team of financial professionals who aimed to bridge the gap between retail and institutional clients offering trading solutions. I have Been with LimeFX 10 years this year, after numerous substandard brokers before.
Each payment method has its own restrictions to get money back and the merchant may still entice you to use a different payment method. After making a withdrawal request, their email went dead, phone number, and even the account manager who lured me into using the broker. The website offers data-sensitive services hosted on a shared server. I’ve used all of the support features multiple times and I would definitely say that the email function is the most useful. The live chat function will normally just put your request through to the right person, unless it’s a fairly easy request that can be fixed by the agent.
Deposit fees and options
In your case you’re withdrawal request to PayPal has been cancelled as you have funds to withdraw back to your card via SafeCharge first. I wanted to open a new ctrader life account, but since I already had more than two unfunded life accounts, I need the service of an LimeFX agent. The agent assisted me so well and I succeeded to open my new and lovely Ctrader account. Scum bags will not be using this broker anymore especially when there is so many out there that offer instant no fuss withdrawals.
- In addition, LimeFX uses external and independent auditors who control the broker.
- In conclusion, there is much to like about this broker.
- Finally, as is standard with most financial websites, they have full SSL protection.
- In similar accounts, you can use Raw Spread and “Standard” on MT4, MT5 and cTrader platforms without swaps.
There are number of methods that you can get in touch with their agents. When you place an order at LimeFX, it can be routed to the liquidity network with fibre optic cabling almost instantaneously. The faster that your order can be executed, the better your overall order fills. LimeFX also uses the Equinix datacentres in New Jersey and London. These are the same datacentres that are used by High Frequency Trading firms to execute their lightning fast strategies. From the above, it looks like the quickest way for you to fund your account is through the use of a Credit Card or a Web Wallet of some sort.
In addition, the broker has the largest liquidity providers involved, which shows a high degree of seriousness. Therefore, there is a fast execution of orders and no requotes. Founded in 2007, the company has a proven track record so far. The secret of the broker is that it provides true and direct market access and has very favorable trading fees for the best technology in trading. The account opening process is easy and fast, while depositing and withdrawals are free and user-friendly. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas.