However, leverage should be used smartly as it increases the power of losses as well. Got in here thanks to a friend saying its the best forex broker.But no, they offer so much more than just forex.The conditions, the assets, the flexibility, all here man. They are quite tight that enables me to conveniently enter the market. I mean that in this case I don’t have a big drawdown as a difference between bid and ask prices. What’s more, very often I see that spreads is very close to zero on my favorite assets and it encourages me to trade more actively and practice scalping. Despite these spreads are floating, I’m not scared by the possibility of being hurt by suddenly widening spreads.
Well balanced brokerage
Lime Fx seems like a solid forex broker, but why only one account? They could make an account for more sophisticated traders with some additional features. Great trading conditions, spreads specifically, MT4 as a single option though. The deposit is low, the MetaTrader 4 platform is one of the best for forex trading, and the tight spreads through the ECN model are competitive. The account stands out as a competitive option for traders of all experience levels.
Cool broker with not so many instruments.
I have been using Lime Fx for a long time now and I can say that Lime Fx is a great broker with amazing account types but my main choice is ECN XL account. It offers low spreads, fast execution, and no commissions. I enjoy trading with Lime Fx and recommend it to anyone looking for a reliable and professional broker. Lime Fx provides the most tightest spreads on the forex market, at the same time levies no commissions for this at all.
What about bonus programs? i love nice surprises from brokers 🙂
Yet, we saw broker offering only FX and CFDs trading through only one trading platform available for the option. On top of that, the broker provides really poor educational resources which is a huge stumbling block for beginners specifically. Here let’s have a look at some alternative brokers that we reviewed. They have been on the market for so many years, more than 10, that we do not need to worry about reliability.
- They have small differences, but here everything is combined in one account.
- What’s more, very often I see that spreads is very close to zero on my favorite assets and it encourages me to trade more actively and practice scalping.
- Overall, the asset selection is both impressive and more than ample for new and intermediate traders.
- Lime Fx has several advantages that may be of interest to a wide range of private investors.First of all it is scalping opportunity.
Тhis broker has all the chances to become a successful company for trading!
The broker has been around since 2010, and, though that is still pretty new compared to others, it has over a decade of industry experience. Lime Fx’s business model is based on STP (Straight Through Processing), where orders are sent to financial institutions directly. This eliminates the potential for conflicts of interest or price mark-ups, making this broker pretty reliable when it comes to trade execution.
The broker designed various accounts with comprehensive features and different minimum deposit requirements that allows traders of different level to start trading in Lime Fx conveniently. In fact, there are not a very large number of real ECN brokers who would offer decent trading conditions.I think Lime Fx is one of those brokers. I used to trade with another broker, but their spreads and commissions ate more than 20% of my earnings. Here I have a totally different situation – I practically do not notice any spreads or commissions…There is also one more detail that is very important to me. I don’t know what the broker says about withdrawal, I haven’t even checked it…
Lime Fx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing. Apps for both iOS and Android mobile devices are available.
Traders can access the processing times and minimum/maximum deposits by clicking on the + next to each option. Lime Fx transparently provides all necessary information on its website. There are no deposit fees, but several withdrawals face internal charges while third-party processor costs may also apply.
I had an experience with different brokers but they were kind of dubious ones. I need my funds to be safe.There is no problem with regulation at Lime Fx. Broker is regulated by CySEC and that means something.And one more thing that I find useful is numerous ways of deposit/withdrawal. Bank cards, bank wire transfer and a lot of alternative payment methods are available. I’ve just started trade with Lime Fx and have a plan to get a real account in couple weeks.I’m newbie in trading, but have a profitable trading via demo account.
Also, always consider Lime Fx rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately. However, trading with ECN XL Account broker promises no swap charges, making you an easy calculation and great benefit too. One ECN XL account is suitable literally for everything.
They have moved tons of restrictions for new traders to get in. I attempted to learn to trade before, but it did not work out for me. The support here is a breath of fresh air, responding in the shortest time possible and being extremely pleasant and courteous. Not only yu can trade limefx scammers the majors with a competititive advantages here, you also can find even the hong kong dollar versus jepanese yen. Very cool to trade them on a ECN account with minium cost. MAM software can become a good auxiliary thing for those who seek for ways to broaden opportunities.
At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. You can avoid a stop-out by depositing funds into your account. The speed of transfers varies according to the payment method used. Bank wire transfers are on the slow end, taking between five and seven business days for both deposit and withdrawal requests, while crypto transactions are usually fast, taking 15 minutes or so.
Algo trading is a very effective method to gain profits. Perhaps, it’s one of the most significant https://limefx.vip/ characteristics for traders. I like how their customer support service handled my issue.
Lime Fx has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed. Based on our expert opinion, Lime Fx Forex broker has been recognized by numerous traders around the world as well by the significant number of awards they receive. Lime Fx broker delivers dedicated support by a professional team and a good NDD trading environment based on quality technology, also with a good range of trading instruments and low fees and spreads.
If you are all geared towards opening a real trading account with this brokerage company, you need to take into account one crucial nuance. Look, this brokerage company comes with a relatively high minimum deposit amount that accounts for fifty dollars. It can be a problem if you are just starting out and respectively work with small lots such as 0,01. In this case, it might take you more time to reach this requirement.