The algorithmic trading is automated trading, which provides a great deal of convenience for traders who are busy. Finally, info on sell, buy, consecutive losses, greatest losses, and maximum simultaneous orders. Underneath this, you can find additional information such as statistics per instruments like profitability, pip, average pip, SL/TP, average SL/TP, duration, and type. Also, the trades by hour and trades for specific days of the week.

LimeFx scam or legit

Rollover/Overnight fees – LimeFx charges overnight/rollover fees for FX and CFDs at the end of the trading day. LimeFx also offers the evolution version of MT4, the MetaTrader5. Similarly to the MT4, the MT5 is available on all devices including for Mac users. We have put it to the test by testing their platform, pros, cons, etc.

Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors. The MyLimeFx back office is where traders make all their deposits and withdrawals. Forextime does not levy internal fees, but traders may face third-party processing costs. I recommend checking them to determine the most convenient and cost-effective solution.

These catch-all benchmark fees include spreads, commissions and financing costs for all brokers. In the sections below, you will find the most relevant fees of LimeFx for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. LimeFx’s trading fees are low for forex, but average for CFDs. Concluding the LimeFx review, we admit that LimeFx gives quality trading potential for both beginners and experienced traders or investors and LimeFx is one of the leaders in Forex Trading. Moreover, there are other numerous advantages with LimeFx too, alike great global coverage with a good focus on Africa region with Nigeria and Kenya trading opportunities.

here again LimeFx cheating me by taking…

LimeFx account types are primarily differentiated by the spreads they offer. Our LimeFx review found the spreads are about what you would expect from big broker LimeFx. Non-commission accounts hover around 1.3 to 1.5 pips on the benchmark EUR/USD spread. Forex LimeFx traders might be better off going with an LimeFx commission account if they can trade reasonably well.

To assist with the decision, ForexTime displays the live rankings for top performers, with all the data verified by PwC. One very useful part of the ForexTime website is a comparison between MetaTrader 4 and MetaTrader 5. That way, clients can choose which platform from MetaQuotes https://limefx.name/ will work best with their LimeFx trading experience. Its user-friendly features are cutting-edge, and they will have access to all of the major trading instruments. They will also get automated trading via Expert Advisors, and support for multiple currencies and languages.

There are also methods for withdrawing funds, but some incur fees while others do not, as shown below. Using Neteller and Skrill for withdrawals is commission-free. From the client portal area of My LimeFx, you can easily make deposits and withdrawals. LimeFx offers trading through some of the most well-respected trading platforms in the industry in the form of both Metatrader 4 and Metatrader 5. MT4 is offered as you trading platform if you have a standard account, and MT5 is offered if you have an LimeFx ECN account type.

LimeFx scam or legit

LimeFx Trading Signals were developed by the ForexTime Head of Education. ECN Zero Accounts and ECN Accounts have trade volumes between 0.01 and 100 lots. There is a maximum of 300 pending orders and no limit on orders.

Forextime Deposits and Withdrawals

Depending on your experience and trading skills, each account is suited to a different group of traders. The international broker LimeFx has been around since 2011. Traders and corporate investors can use LimeFx to trade 59 currency pairs, spot metals, indices, and share CFDs. They also provide a Nigerian Naira Account to deposit, trade, and withdraw funds in Naira. There is a very high degree of risk involved in trading securities. Trading in any type of financial product including forex, CFDs, stocks, and cryptocurrencies involves a high level of risk.

The last two of these figures include profitable and unprofitable trades separately. Cent Accounts also have instant execution, tight floating spreads, and a SWAP-free option and work with MT4. They are available in EUR cents, GB pence, USD cents, or NGN kobo. They feature Cent Lots and have a minimum deposit of just 5 EUR/USD/GBP. Processing times range from instant to 24 hours/up to a business day for most methods.

Daily market analysis is posted on the LimeFx website every weekday by LimeFx’s in-house analysts. Please specify what difficulties you have faced when making a withdrawal by emailing us to We will be glad to check the information and provide you with a response. Our ultimate guide to the LimeFx minimum deposit is updated regularly. LimeFx is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority . LimeFx is regulated by several financial authorities, including the top-tier FCA.

Thank you for your honest comments and we’re glad you are having a hassle-free trading experience with LimeFx. We always do our best to improve our processes so our clients enjoy their time with us. If you have any suggestions for improvement, please do share it with us and we will do our best to implement them.

Payment Methods

LimeFx Fees are ranked average with an overall rating of 8.8 out of 10 based on our testing and compared to over 500 other brokers. Fees might be different based on entity offering, see our findings of fees and pricing in the table below, however, LimeFx overall fees are considered good. We found that when you trade with LimeFx you are able to operate with fixed or floating leverage. For the Cons, there is a withdrawal fee, and Stock spreads are rather higher, also condiitons vary on each entity. A $5 monthly inactivity fee applies after six months of dormancy. I find this reasonable and acceptable, and active traders will never face this cost.

To ensure the safety traders and investors, LimeFx is regulated by several top regulators in different jurisdictions. After you download the platform or launch the web-based platform, you can see the MarketWatch , trading charts and the terminal . Setting up MT4 is a simple process – You can organize the MarketWatch based on your preferences and open a number of trading charts with more than 80 technical indicators. Once you are ready, fund your account through one of the LimeFx’s payment methods. LimeFx, also know as Forex Time, was founded in 2011 by Andrey Dashin which is also the founder of LimeFx. We would certainly recommend LimeFx as a great trading platform for all levels of users.

This trusted regulation, a competitive range of trading costs, and the availability of more than 250 assets to trade, continue to make LimeFx a popular choice for all. The owner of this website may be compensated to provide opinions on products, services, websites and various other topics. Even though the owner of this website receives compensation for our limefx forex brokers reviews posts or advertisements, we always give our honest opinions, findings, beliefs, or experiences on those topics or products. The views and opinions expressed on this website are purely the author. Any product claim, statistic, quote or other representation about a product or service should be verified with the manufacturer, provider or party in question.

The original branch of the organization was the one in Cyprus. The broker grew quickly, later establishing their other branches to offer services within those countries. Their CySEC license grants them rights to offer financial services to any country within the European Union. CySEC regulations ensure that traders will be, at least partially, compensated if the broker were to become insolvent.

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Exinity Group has announced that it has obtained a license from Kenya’s Capital Markets Authority to operate as a regulated non-dealing forex broker. The Group joins just three other brokers who are regulated to offer trading services including forex to retail clients in Kenya. This new license is the latest addition to Exinity Group’s… A few days ago an international online forex broker LimeFx has announced the appointment of Marcelo Spina as Global Head of Partnerships. LimeFx is an international online forex broker offering financial services in forex, CFDs on spot metals and CFDs on Commodity Futures, Indices and Shares.

On the other hand, it lacks a two-step login and price alerts, and the design is outdated. The withdrawal fee varies based on your country of residence, the method you use, and the currency you make the withdrawal in. A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank.

The UK and Mauritius branches do not have that authorization. Yes, they have licenses from the FCA, CySEC, FSCA, and FSC. However, these licenses only apply to specific subsidiaries, meaning that strict FCA and CySEC regulations aren’t protecting all traders. Please also keep in mind that payments only process during working days and not during weekends (saturday & sunday). I made another withdrawal with $18 and it was instantly processed and received on the spot as well. Please be assured that your funds WILL be processed and you WILL receive your deposit.

Read our full review to find out all you need to know about this broker. It also includes encryption of data transmission as a way to stop unauthorized third-party access and data theft. The encryption includes server authentication and user identification policies. Thus, ensuring the data gets sent to the proper server and customer terminal.

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