LimeFx also provides several lucrative offers, including a Virtual Private Server (VPS) and, depending on regulation, a first deposit bonus, ensuring accessibility, security, and speed for traders. These elements, along with the Forex ECN XL trading account, ensure a seamless and enriching trading experience. The provision of access to highly-functional trading platforms (at least MetaTrader4 or the broker’s proprietary platform) is another characteristic upon which we’ve based our choice.
LimeFx Customer Service
LimeFx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.
LimeFx Trading Platforms
In addition, LimeFx maintains active social media profiles on Facebook, Twitter, LinkedIn and other networks. The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. LimeFx’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades.
Key Advantages of Navigating FX via LimeFx’s ECN – STP Model
As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills. There is much written about the ECN XL account they have crafted and its reputation as one of the best account types is well deserved. This had bringed me to LimeFx in the first place.Yesterday I registered an account on this platform and I was surprised that even a deposit bonus is available. It can be a great boost, especially for traders like me with limited funds. LimeFx provides three different account types, namely the ECN XL Account, a Demo Account, and an Islamic, Swap-Free Trading Account. LimeFx is a well-regulated ECN/STP Broker that allows investors to trade on Forex, Crypto, Metals, Indices, and Energies.
$200 No Deposit Bonus – Tiger Trade
When it comes to RoboForex’s strong points, the minimum deposit requirement is only $10, with a wide choice of trading platforms (MT4 & 5, eTrader, and proprietary software). Both platforms have all means necessary to create, test, and execute both basic and advanced trading strategies. Lastly, we have given serious consideration to the methods of deposit and withdrawal of profits obtained from the use of the welcome bonus.
- Unlike Dealing Desk brokers, LimeFx never opposes client trades, ensuring a seamless and transparent trading experience.
- Focusing on their needs, we offer qualitative and superior trading services.
- The alignment of LimeFx with client trades facilitates counter-party executions, showcasing LimeFx’s unwavering commitment to client interests, making it a reliable ally for traders.
- This feature indicates that LimeFx is perfectly fine with teaching new traders the ropes.
- Overall, LimeFx is considered a low-risk and can be summarised as a trustworthy and reliable ECN and STP Forex Broker.
Compare LimeFx with the top 3 similar brokers that accept traders from your location. However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like scammed by limefx eToro, limiting the brokerage’s appeal to beginners. Another big downside is the lack of web trader compatibility, which I find convenient because it provides straightforward and fast market access.
As we said in the introduction above, a forex no deposit bonus is a free, first deposit that you’re given by your forex broker, allowing you to start trading without risking your own capital. https://limefx.vip/ The minimum deposit amount recommended for registering an LimeFx live trading account is $500 USD. Minimum Deposits and all client funds are kept in LimeFx truly segregated accounts.
Before accepting a no deposit bonus with any of the forex brokers we’ve highlighted within this guide, it’s imperative that you read these conditions. Forex no deposit bonuses are a marketing tool that brokers use to onboard new clients, allowing you to feel what it’s like to trade real money rather than on a demo. However, if used correctly, they can be the perfect point for a new trader to start their journey in the world of forex markets. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
All orders are orchestrated to execution with unparalleled competitiveness and transparency. The straight-through processing in an ECN environment augments your trading opportunities and escalates your success trajectory. Clients of LimeFx can delve into forex trading instantly, leveraging live streaming and the finest executable prices in the marketplace with immediate confirmations. The absence of a dealing desk and no re-quotes ensures a seamless trading journey.
For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread. If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. It is safe and has the necessary security tools in place, and also has a lot of good trading conditions. LimeFx is a low-cost brokerage with no commissions and spreads that are generally competitive, especially on currency pairs. This app comes equipped with sophisticated charting tools, including 30 technical indicators, 9 different timeframes, and 3 varieties of charts, ensuring a comprehensive trading experience.
First and foremost, LimeFx broker has proved its competence as a mediator within certain period. I mean, it has a history full of milestones and awards, so it indicates broker’s reputation in the trading circles and, of course, reliability. Finally, the company’s commitment to helping traders gain new knowledge and then apply it on practice is also notable. I usually check their daily technical analysis and take advantage of some articles published in traders corner blog. All in all, this set of conditions led me to where I am – to LimeFx broker.
LimeFx makes the Metatrader4 comprehensive trading platform available to traders. We have not experienced any security concerns during our many hours using the trading platform. However, traders seeking stocks or deep education and market research will need to look elsewhere.