Forex broker ECN, online Forex trading, stock trading 2022.08.16.
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These include the opportunity to earn up to $500 on a monthly basis trading in a training mode with no deposits required, and learn basic trading skills for secure trading. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Minimum deposits at LimeFxFX will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR).
- Note, demo accounts are deactivated after 30 days of inactivity.
- There is also an integrated economic calendar as well as two major accounting modes for greater flexibility; hedging and netting.
- Opening an account from one of the 185 countries where this license is used is considered high risk.
- Not only was our trip dedicated to business questions, but also gave us the possibility to participate in a charity event.
- The security of your funds – in terms of regulatory protection – will depend on which LimeFxFX entity holds your account, and which –if any – relevant regulations provide customer protections.
Both platforms are compatible with several languages, including English, Arabic and Hindi. To open a position, complete the order form by selecting ‘buy’ or ‘sell’ and amend the volume in lots. You can also add stop-loss or take-profit risk management alerts too. We were glad to meet our old friends and enhance relations with those who want to join our team.
Fast deposits and withdrawals
However, when compared to research leaders IG, Saxo Bank, and CMC Markets, LimeFxFX has room to enhance its research offering. LimeFxFX does have a proprietary app for social copy trading https://limefx.vip/ (the LimeFxFX Copytrading app), yet it still trails behind industry leaders such as IG and Saxo Bank. For our top picks among trading apps, read our guide to Best Forex Trading Apps.
- A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
- This broker can be a good choice for you if you live within the EU and are satisfied with its limited selection of tradeable assets.
- The broker also applies 3D secure Visa authorization when processing credit and debit card transactions.
Its growth has enabled LimeFxFX to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust. LimeFxFX’s market research is well organized and varied in its content. Rather than specializing in any one field, LimeFxFX provides a wide assortment of content types.
LimeFxFX has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. LimeFxFX is an up-and-coming broker that has been in operation for nearly 10 years.
The company is not liable for any tax charges that the winners may be due in their jurisdiction (including but not limited to property tax, vehicle tax, road tax, or other fees). In exceptional cases, money may be paid into the winner’s trading account or bank account to substitute the prize. However, the company will pay out only 60% of the prize’s market price.
The income of partners doesn’t depend on trading instruments used by clients. If you encounter a withdrawal problem when using the LimeFxFX trading platform, you will receive a notification in an email explaining the issue. Alternatively, if you need to cancel a withdrawal, you can do this within your personal area.
The company’s mission is to provide outstanding forex and CFD trading services, via cost-effective, transparent conditions on a worldwide scale. The broker offers 80+ trading instruments including currency pairs, limefx forex broker commodities, indices and cryptocurrencies. LimeFxFX is an award-winning forex and CFD broker, founded in 2011. The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA.
Can you trust LimeFxFX?
When we used the LimeFxFX app, it was easy to integrate an existing MetaTrader profile into the branded app. You can set SMS price alerts and app notifications of market movers. The application also permits full account management including live deposits and withdrawals and copy trading services. LimeFxFX offers its users a rather limited array of possible trading instruments. There are just 32 currency pairs, CFDs on energy resources, indices, gold, and silver — and 5 cryptocurrencies for dedicated crypto traders. While that list is far from being impressive, it’s more than enough for any newcomer to Forex trading.
We exist to provide outstanding services for accessing the Forex market. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Is LimeFxFX A Legit Company And Regulated Broker?
That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. LimeFx Markets Incorporated is the international branch of the broker. The company was established in St. Vincent and the Grenadines and is regulated with licensing from the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) offer weak trader protection. Opening an account from one of the 185 countries where this license is used is considered high risk.
You have no real account to deposit
All the photos and/or images of the prizes used in the contest’s ads, promo banners, and other promotional materials are for information purposes only. We contact the winners within seven business days after the prize drop is raffled. If the Participants have equal results, their ranking is determined by the financial total amount of their profitable trades—the Participant with bigger total wins. All trading strategies and/or EAs are allowed for trading with the contest account. A person (hereinafter—‘Participant’) must have an LimeFxFX real account to take part in the contest. Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
When we used the LimeFxFX demo account, it was good to see emulated live market conditions and real-time prices. Paper trading accounts are a great way to practice investment strategies risk-free and learn platform terminal features and tools. Users can access unlimited virtual equity with flexible leverage. LimeFxFX is a forex, CFD and copy trading broker offering the MT4 and MT5 platforms.
LimeFxFX also provides financial services through its intermediary, Orinoco Capital. For example, the „minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.