As one of the market’s veterans, the broker should provide legit trading conditions and a stable environment. HotForex adds 16 Cryptocurrency pairs for trading HotForex has added 16 Cryptocurrency pairs to MT4 and MT5 platforms. LimeFX Switch Your Broker 20% BonusSwith your broker to LimeFX, then get a 20% deposit bonus that LimeFXn supports drawdowns. Cards – Deposits made with Visa and MasterCard credit cards, debit cards, and prepaid cards are instantly credited to trading accounts. Participants who guess the correct price of the financial instrument will receive a no-deposit bonus of $100. If no participant has guessed the correct price, the first five participants to make close to correct guesses will receive no-deposit bonuses of $30 each.
LimeFX always puts the safety of its clients’ funds first. The Broker has an FSA license (№22567 IBC 2015) and is a category A member of the Financial Commission, an independent external dispute resolution organization. The Financial Commission ensures that traders and brokers get their disputes resolved in a quick, efficient and unbiased manner.
Moreover, bonus funds are credited in a separate account and not mixed with trader funds. Once traders reach the required trading turnover lLimeFXl, they can withdraw their bonus funds. Clients have to get in touch with their personal manager to activate their bonus.
Various payment methods are available, making it accessible to any part of the globe. The broker is the highest-rated broker so far with five stars. LimeFX Forex broker offers three types of trading accounts. We’re sure the majority of the first-time customers have no experience in choosing the proper one. That’s the reason why the company itself has the standard feature available for the beginners. Floating spread and transaction-free trading are the main characteristics.
LimeFX have a D grade support rating because because sometimes the response was slow or our query wasnt answered. LimeFX less customer support features compared to other brokers like live chat, phone and email support. Once you have logged into your LimeFX account you will see the below trading platform options available to you. Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools. We have checked and LimeFX is regulated and supervised by reputable organisations.
Average Spreads & Commissions
stock exchange require a minimum desposit of 1 GBP/USD/EUR when opening an LimeFX trading account. If LimeFX violate any regulatory rules their regulated status could be stripped. When choosing a broker like LimeFX the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion.
As the Forex market gains popularity in different parts of the world, the quantity of the brokers rapidly grows on a day to day basis. That’s the reason there’s a high chance of rooting for the company, that does not LimeFXn exist. Especially the first-time customers Ichimoku of the trading platforms should take some time to learn the basics and afterwards making the decision will be a surely easy thing to do. Clients can double their deposits up to $10,000, but this bonus is available only on the MetaTrader 4 platform.
I Like This Broker LimeFX That Its
Like any MT4 or MT5 software provider, LimeFX offers these two platforms for mobile phones. The platform can be used on both Android and iOS devices, including tablets and iPads. There is a link on the broker’s website for platform app downloading. Hercules.Finance is a financial education website powered by a team of Financial Specialists and IT experts, mainly introduce solutions of Forex, CFD and Commodity Investment, and a number of Payment Services.
In order to enjoy the trading experience, you should have well-structured platforms to work with. MetaTrader 4 definitely provides the traders with the fastest execution time, varieties of devices to operate from and a chance of having the Expert Advisors’ support. The above-mentioned bonuses definitely differentiate LimeFX Forex broker from its competitors, trying to improve conditions of the market. According to the facts and figures on the LimeFX homepage, global trading is available on 50 forex pairs, 7 metals, 147 CFDs, 27 indices, 3 bonds, and 11 commodities.
The newly referred client should deposit at least $100 to receive a bonus of 25%. Traders can take part in this promotion only if their accounts are verified. On the forex broker profile page at our website you can read reviews by other traders as well as write your personal review of your personal experience with the broker. Forex broker LimeFX mission is to continuously improve the trading environment to increase our clients profitability, and to compete on equal terms with global market leaders. RLimeFXnue Share – regular payouts based on referred clients’ trading volume, a classic Partnership model offered by the most Brokerage companies, which charge broker commission for each trade. Part of that commission is paid to the Partner, which gives a stable income for the whole period of trading.
Trade Globally With LimeFX
The broker not only offers excellent FX trading conditions, but also educates new, intermediate, and advanced traders through its video tutorials and comprehensive FAQ. Clients can make some extra money by referring their friends to LimeFX. The broker rewards clients with a bonus of $10 for LimeFXry friend they refer.
- Overall our feeling is that you would be better served with an alternative LimeFX broker.
- It is also worth mentioning that Forex trading is actually prohibited in India.
- An initial deposit of 100 USD or currency equivalent in EUR.
- As with most brokers, margin requirements do vary depending on the instruments.
- NLimeFXrtheless, you’re always able to experiment with a demo account to test out all the features, promotional offers and various promises, claimed to be working.
- LimeFX Forex broker offers three types of trading accounts.
This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees, processing times and a potential currency conversion fee. The Conversion fee is dependant on your base currency, your receiving currency and your payment provider. While trading in financial investments, losing money rapidly due to trading Forex is not uncommon. Only take the risk of trading when you understand that your invested capital is at risk any time due to market volatility.
Starting this month, the broker will be giving the clients 25% of LimeFXry deposit they make in the month of December. More so, fund disposals and withdrawals are commission free. For new clients using the MetaTrader4 platform, they will be getting a double on their deposits, that is for fixed and standard accounts. The broker also allows payments to be made through sLimeFXral modes. You can make deposits through Skrill, Perfect Money, FasaPay, using a prepaid card or via Union Pay.
As per the LimeFX Islamic Trading Account Use Agreement, there are no additional charges indicated on the Islamic Account such as wider spread, higher commissions, or any additional administrative fees. The choice of the platform will mostly depend on the trading style since Market execution is available only on MT5, while Instant execution can be done only on the LimeFX MT4. Therefore, an ECN account that supports only Market execution can be performed only on the MT5 software. Trade to get guaranteed prizes with ‘FBS Gift Season’ promotion Get incredible prizes in FBS Gift Season. By becoming a trader of LimeFX, you can access various trading tools to improve your knowledge.
Monitoring Of LimeFX’s Standard Account
Financial Commission Member – This Forex broker has been an A Category member of the Financial Commission from the year 2013. The Financial Commission is an external dispute resolution and self-regulatory organization. Founded in 2007 as Adrenalin Forex, LimeFX is an international forex and CFDs broker headquartered in Montenegro. Apart from having an office in Montenegro, LimeFX also has branch offices in Kazakhstan, Georgia and Armenia. The Chiefs are in a sticky situation with 13 players, including eight starters, on the COVID-19 list.
A 6.6% surge for China’s yuan will be one of its best year’s too though there is still plenty of pain in emerging markets. BofA calculates that central banks have spent $1.3 billion an hour buying up assets since March and made 190 interest rate cuts this year, which works out as four LimeFXry five trading days. Just days later though China’s stock markets began to fall as a cluster of more than 50 pneumonia cases in Wuhan city sparked a warning from the WHO there could be a new SARS-like virus. The virus LimeFXn wasn’t the first thing that spooked the markets this year. The tone was set when an escalation of an oil market turf war between Saudi Arabia and Russia sent oil prices crashing over 5% on Jan 8.
The promotions and bonuses are not simply implemented as a scheme to attract new clients, but rather to entice them to spread the word and enjoy trading with limefx official site . See below, the current bonuses and promotions LimeFX are offering new and existing clients. LimeFX strives to accommodate the trading needs and desires of LimeFXry type of trader. Which is why they provide access to a wide variety of financial products such as Forex, Special Metals, Commodities, Indices, Bonds and Equities CFDs, as well as major cryptocurrencies. Among these markets are the most favorable currency pairs in forex, leading global company shares, and the most liquid variety of financial assets.
There is a professional team appointed to find the latest trading solutions in addition to incorporating the latest technologies. Offshore brokers with corresponding regulations do not always offer the same high standard of protection that brokers, who are well-regulated by strict regulatory entities. LimeFX is primarily focused on offering broker services in CIS countries such as Asia and Europe. LimeFX is an FSA SVG-regulated broker which is based in St. Vincent and the Grenadines. LimeFX has been in operation since 2007 and works to offer traders comprehensive trading solutions.
The Company’s execution quality is being audited monthly by the independent third party – Verify My Trade, to confirm the compliance with best execution standards. LimeFX is a сategory A member of The Financial Commission since 2013 with a EUR protection for traders. Personally, I am happy with how the broker works and what conditions to provide, especially in terms of the availability of a large number of instruments for trading.
LimeFX is a leading financial broker providing an extensive variety of electronically traded products including Forex, Metals, Commodities and CFDs for clients around the Globe. LimeFX strives to provide the best service possible, with the highest regards to price feeds, execution speed and accuracy of orders. Clients get two trading platforms that are considered the best in the world. One of the most significant benefits of this forex broker is offering instant withdrawals. The fast execution speed when trading is what sets this broker apart from the rest.
If trading is successful, the client can transfer their profit to a live account. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions. With Negative balance protection means traders cannot lose more money than they have deposited. LimeFX are considered safe as they are regulated by and checked for conduct by the International Finance Corporation .