LimeFx Review 2024 Pros & Cons For Forex Traders

LimeFx prioritizes security measures to safeguard clients’ funds and ensures a secure trading environment responsibly. Regulated by CySEC, LimeFx provides clients with access to a liquid Forex model (ECN). All of its clients receive the same access, and all trades are executed immediately, with no delays or re-quotes.

First Deposit Bonus

These elements, along with the Forex ECN XL trading account, ensure a seamless and enriching trading experience. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFx XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. In this LimeFx review, we examine the broker across key categories, including its accounts and fees, trading platforms, and customer support, to find out how it competes with alternatives.

Open a FREE Account Today! Register to Gain Full Access

Yes, LimeFx operates under strict regulations to ensure compliance with financial authorities and maintain a secure trading environment. LimeFx ensures a user-friendly interface, allowing traders to navigate the platform easily. The design facilitates efficient trading and access to information without promoting speculative trading behaviors. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

Platforms & Tools

This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading. This model eliminates the possibilities of price or spread manipulations and assures no conflicting interests between LimeFx and our valued clients, ensuring a transparent, unadulterated trading milieu. This award, a reflection of independent endorsements by traders, underscores LimeFx’s commitment to innovation and service excellence. Our introduction mirrors the clear, concise, and precise individual service we render to our clients. If you have experienced other brokers, allow us the privilege to demonstrate why we consider ourselves unparalleled in the industry.

LimeFx: Pioneering in ECN – STP Forex Brokerage

LimeFx does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. On the downside, the offshore branch is unregulated, reducing the broker’s safety rating for global traders. The European branch is licensed by the CySEC, a reputable regulator, and the brokerage has earned a good reputation with over 10 years in the business. I find LimeFx’s in-house forex market hours tool a handy way to check holidays and other events that could impact trading hours.

This average customer rating is based on 7 LimeFx customer reviews submitted by our visitors. LimeFx does not have a proprietary mobile app, limefx scam though MT4 can be downloaded to Android and Apple devices. The mobile application has proven to be stable and reliable during testing.

  1. Having high levels of experience and knowledge, we are ideally placed to understand our clients needs and to support traders in achieving their ambitions and investment goals.
  2. LimeFx has two operating subsidiaries, one authorized by the business-friendly VFSC and one by the CySEC, which operates under the globally least-competitive ESMA regulatory framework.
  3. Nothing in this material is (or should be considered to be) legal, financial, investment or other advice on which reliance should be placed.
  4. The LimeFx MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections.

A great amount of thought was applied into the forex education centre in order to ensure it can help to make a difference and enhance your knowledge of the markets. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. I had a lot of hesitations about this company but after reading some reviews I decided to check out on my own how everything works. I passed the registration very quickly and after the verifications of the account was also pretty fast.

According to BIS (the bank for international settlements) the FX market is responsible for circa $6.6 trillion of turnover each trading day. The major international banks and financial institutions are responsible for the majority of this turnover. Through LimeFx and its ECN – STP model, clients https://limefx.biz/ can access this market in order to trade up to 28 currency pairs, from the recognised major currency pairs through to the minor and most exotic. Each and every trade clients place is matched in an electronic configured network (ECN), through a straight through processing (STP) method.

The broker uses an electronic communications network (ECN) and straight through processing (STP) model, which provides competitive exchange rates and real time streaming directly from top multibank liquidity providers. This type of trading model levels the playing field with more transparency and a greater degree of control over your trades. LimeFx’s ‘No Dealing desk’ execution model comes with no dealer intervention and no re-quotes. Client trades are made on prices provided to LimeFx by its liquidity providers.

If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider an international broker that provides these services. Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (LimeFx) decided to build on their vast market experience to become the most customer centric forex broker in the business. LimeFx’s main objective consists of empowering its clients with all the necessary tools to develop their trading skills while providing an unparalleled trading experience on the popular MetaTrader 4 (MT4) platform.

Leave a Reply