There are five account types available called Prime, LimeFX, R StocksTrader, ProCent and Pro. Overall, the trading costs are competitive and transparent. Bank of Malaysia – This payment method is mostly used by Malaysian FX traders.
LimeFX, LimeFX and LimeFX companies have become the first participants to implement the new loyalty program and apply coupons to motivate traders. We understand that one of the struggles as a Forex trader is reducing the amount of slippage that happens when you execute a trade. If it takes longer for your broker to receive your trade, you get in the market later and this costs your profit, or even worse causes you to lose money.
- While trading Forex, you need to be sure that you can get the help that you might need whenever you will need it.
- 74-89% of retail investor accounts lose money when trading CFDs.
- «LimeFX» has an extensive training system, which includes online trainings, video lessons with comments, as well as various literature on trading topic.
- I saw a good offer on their bonus section, the one I want to mention is their deposit bonus since it can hold the trading drawdowns.
- We’re fans of their wide selection of trading tools and No Dealing Desk policies.
Further, clients trading through the MetaTrader platform can access the MetaTrader marketplace to access thousands of additional trading tools and strategies. Experienced traders have found that setting a stop loss at half the pip amount or less than your take profit level can set you up for long-term success. This is because you can be right less than half the time and still come out at the end of the week, month, year ahead if you have a favorable risk-reward. John Russell is an expert in domestic and foreign markets and forex trading. He has a background in management consulting, database administration, and website planning.
LimeFX Customer Support Services
The user interface of both platforms look pretty similar and are very easy to use. However, both platforms are not cross-compatible, which means that apps have to be designed differently for MT4 and MT5. Although the broker is not officially authorized by any company in Russia, limefx broker reviews it still manages to do a great job at making sure that the users of the broker can stay as safe as possible. Regulations are something that makes sure that a certain Forex broker follows a certain type of guidelines that make sure that you and your funds can stay safe.
The broker offers extensive market research and educational material that is suitable for beginners and advanced traders. Multilingual 24/7 customer support is also available via Phone, Live Chat, Email, Facebook Messenger, Telegram and more. MetaTrader 4 is one of the most popular trading platforms on the market, which you will come across at 90 percent of all Forex brokers around the world. This traidng platform was developed by a Russian company called MetaQuotes, 15 years ago, in 2005.
Change The Broker With LimeFX
The payment methods accepted by LimeFX are credit or debit card (Visa, Mastercard, etc.), Bank Transfer, Skrill, PayPal, Webmoney, and Yandex. Although there is no profit bonus, there are numerous other promos and LimeFX bonus offers available. There is a tradable bonus of 101% on your deposit, refer a friend bonus, and more. It is important to note that all bonuses offered by the broker cannot be cashed in. If you make a profit using the bonus money and meet the trading requirements, you can withdraw it with no complications and LimeFX will not try to scam you out of your fairly earned profits. The real greatness about Forex trading activity is not even in the fact you can make money from your home place or on the go.
Know how to expand your profile and assets through the many articles, webinars, and instructional videos. It is much more sufficient to choose among well established and regulated, reputable companies that are heavily overseen by the respected authorities. The list of FCA, ASIC Derivative (finance) such as broker LimeFX from Australia. LimeFX is not a secure Forex broker since it does not hold a license from any worldwide serious Forex authority. Spreads at LimeFX are fixed with the Classic account at 2 pips for the EUR/USD and 3 pips for the GBP/USD.
This a great way for Forex traders to keep their funds as safe as possible. Users of the platform can also enjoy payments in Bitcoin. As the crypto is becoming more and more popular is Forex trading, it is very important to have the ability to trade and make deposits/withdrawals with this.
I really like to mention here about there good facts. LimeFXmission of 15 USD per 1 million base currency. European Stock CFDs commission of 0.07% with a minimum commission of 2.8 GBP. I have confirmed that the price is in a stable downtrend so I am preparing to “go short”.
The minimum amount of money that you can pay with this is 50 MYR, while the maximum stands at 50,000 MYR. The payments are made online, and the withdrawals can take anything between 1 to 5 banking days and a fee of 3 percent. Although MT5 is a newer version including many updates, MT4 still stands to be more popular among Forex traders. Perhaps the important thing limefx broker reviews behind this is that MT4 was able to gather a huge following over the years and most of these traders do not really want to start trading with another platform. In addition, the fact that there are no local regulations for the broker means that the clients of the broker are able to trade with very high leverage, which is very popular among many Forex traders.
While we do our best to provide up-to-date information, we strongly encourage you to verify it directly with the broker of your choice. Fresh Forex offers the MT4 and MT5 forex trading top platforms. LimeFX.com offers over 50 forex currency pairs, cfds, stocks, indexes, gold, silver, oil, bitcoin and other cryptocurrencies limefx company reviews for your personal investment and trading options. Fresh Forex offers the MetaTrader 4 and MT Mobile forex trading top platforms. LimeFX.com offers over 45 currency pairs for your personal investment and trading options. Currency trading is probably the most popular way of trading on the market.
What Are The Bonuses And Promotions Available At LimeFX?
Forex penguin is your one stop portal for all forex bonus and forex promotion. We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. While LimeFX is registered by SVG FSA, this regulatory body lacks the reputation of more respectable financial supervising entities, like the FCA, ASIC, or CySEC. We also noted some negative reviews from clients online regarding the reliability of an offshore site.
Again, in 2006 the trading websites receives an official license to operate on the market. When the popularity of LimeFX begins to grow, Riston Company expands its office net in Russian Federation almost double. This is due to the big interest the broker causes to the big Russian audience and later to the international advanced traders and beginners in the field.
Easily browse through an expansive glossary of forex terms and definitions, as well as several articles on online trading, the economy, forex, and CFDs. The LimeFX encyclopedia is easy to navigate since it’s arranged by category, topic, and in LimeFXbetical order. Clients who might doubt LimeFX should look into the many awards that the company has garnered since 2004. LimeFX has received over 20 awards for its exceptional services. In fact, LimeFX was recently named the Best LimeFX broker and was also awarded Best in Trading Experience.
Unlike most trading websites, LimeFX offers multiple account types. This is a great detail for more advanced traders looking for versatility and customizability of their accounts. Clients will be surprised to know that LimeFX doesn’t require a minimum deposit, though the company recommends starting at 200 USD to fully benefit from your account. Take note that you should only trade after understanding the risks of investments. This broker is very reliable and actually very good at their services. Clients can also benefit from various bonuses and promotions such as the Welcome Bonus, Profit Share Bonus and the Classic Bonus.
Review Of LimeFX Trading Platforms
You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. Opinions, market data, and recommendations are subject to change at any time. Past performance is not indicative of future results.
There is no minimum deposit requirement, though they recommend $200 for Classic, $400 for Market Pro, and $2,000 for LimeFX. Overview Foreign exchange regulation is a form of financial regulation specifically aimed at monitoring and standardizing the Forex market. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Actually I am trading with this broker more than three years now.
One thing to note about this broker is that they are doing webinars in weekly basis where mostly they discuss about the market and making a simple analysis over it. This can be useful for beginners who are struggling for their basics. I love this company since they have updated their trading servers for better latency towards trading executions I am making there. Even I see no requotes whatsoever thus making the broker even better to be recommended. The only promotion that I can recommend to you is the drawdown bonus.
It may be hard to overlook such great promotions, but remember to carefully review the terms and conditions of such bonuses. Enjoy the benefit of more detailed charts, technical indicators, and trading tools! You can also access trading robots and comprehensive historical data on the MT5 platform. Take advantage of the narrow floating spreads that start at 0 points and the Smart Bridge Technology that ensures No Dealing Desk operations and accurate market quotes. Information on commissions, swaps, and spreads can easily be accessed on the LimeFX website. If you are into automated trading, the broker is providing VPS to make sure your trading robot is operating 24/5 that you don’t have to leave your computer for such time.
Are you talking about a forex broker or a call center that has Indian accent? This is legitimately fake review since the broker itself not based in India as most of the scam call centers do. Please, give us a proof that you have been scammed by them. Not gonna lie, but the broker got me with their tight spreads. But the broker is welcoming any kind of trading strategies that I have seen no problem on my trading progress. Overall, we generally advise not to trade with the offshore brokers since it is incurred to be a risky business, and increases the potential of general trading experience.
Today, he is the owner and lead developer of development agency JSWeb Solutions, which provides custom web design and web hosting for small businesses and professionals. If you have any issue with Retained earnings your current Broker, then change it to LimeFX and take advantage of the promotion. Affiliate Market Pro is recommended for experienced users, including traders working at minimum intervals .