limefx MT4 Forex Broker Review Must Read when trading Currencies offers expert reviews, user reviews and comments on the web’s leading products and services. Several generous bonuses are offered for new and existing members, including a free $10 for new STP accounts. Whilst some trades are commission-free, others may incur a charge, so it’s important to check on these rates before you decide to trade as you may not make quite as much profit as you first calculate. limefx has built a solid reputation over the years as a reliable broker to hundreds of thousands of brokers from different parts of the world. That they offer so many number of pairs and that they also trade in metals, makes them a trustworthy broker for all their clients.

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Please visit the limefx funding options web page for more information. limefx rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips. For these reasons, limefx clients’ funds are kept in top-tier international banks, such as the Commonwealth Bank of Australia, Barclays Bank Plc and Lloyds Bank Plc, fully segregated from the company’s funds. Gas is one of the most important and traded commodities in the world! Read our CFDs trading guide for beginners to explore CFD financial market.

limefx Review – 2021’s Best Forex Trading Platforms

We have scanned fees that limefx charges when trading popular currency pairs, here is their breakdown in pips. limefx now also features an excellent managed account service which combines several accounts into one single account. limefx is regulated by the FSPR in New Zealand, the FSA in the UK and the ASIC in Australia. Customer service is prompt and courteous, and there are multiple ways to contact the broker with your queries, including phone, email, online chat or via an extensive forum.

In this article, I will review why I like the broker, where they fall a little short, the tools they offer, and the simplest ways I have found to make deposits and withdrawals. limefx – limefx offers multi-asset trading on a range of platforms and mobile solutions. ActivTrades – ActivTrades offers online trading on the MT4, MT5 and ActivTrader platforms. Minimum deposits range from 10 GBP, USD, or EUR for cards and go up to 300 for wire transfer.

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You must trade 1000 micro lots to be able to withdraw the bonus. I recommend everyone use an ECN account, even casual or longer-term traders. That said, limefx does offer STP accounts, which offer a slightly higher spread but no commissions. For major forex pairs including EUR/USD and GBP/USD, spreads average around 0.2 pips, whilst for EUR/GBP, spreads are around 0.5 pips.

How can I open ECN account?

ECN (Electronic Communication Network) account is a choice of professional traders who want the best possible trading conditions. The ECN account allows buyers and sellers to trade directly without any middlemen. To open the ECN account, you need to make an initial deposit of $1000. Not cheap but worth it!

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Are limefx rebates a scam; do my spreads increase?

We are also a community of traders that support each other on our daily trading journey. The source of this information is the website and the broker’s trading platform listed in the Web section of this review. The operator of this website does not verify this information and is not responsible for its accuracy, completeness, timeliness, truthfulness or the compliance of a broker with legal regulations. Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business.

  • 2-step verification measure is applied so you will have to have your mobile device ready.
  • No Deposit Bonus for STP accounts is a non-withdrawable bonus amount received once registration is verified to level 2 and an STP Account is opened.
  • For cryptocurrencies, trade sizes vary and are scaled to the coin value.
  • I have been using limefx for around 3 years and have had hundreds of trades.
  • limefx became the first Forex broker to offer its investors a direct access to ECN trading and Interbank liquidity through the MT4 platform in 2009.
  • A few years ago only a handful of on-line brokerages offered their clients the opportunity to trade Contracts for Difference on Bitcoin.

limefx is a highly regulated FX & CFD broker offering multiple trading platforms. limefx is an ECN forex broker offering a range of CFD instruments using the MetaTrader 4 and MetaTrader 5 trading platforms. This review will cover account types, fees, minimum deposits, and more. The maximum trade size is not limited as stated, what we have noticed in the specifications from the MT4 is 1000 lots. Additional steps are also 0.01 lots allowing traders to be precise when allocating more trades.

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limefx Review As you browse on the internet in search of the right broker, you will find many that let you trade hundreds and thousands of different assets. Forex Forum’s offers universal access to financial market intelligence and keep them up to date regarding Interactive Trading, Automated Trading, Commodities, Stocks and Indexes, Binary Options Brokers, etc. To make an ideal decision, limefx courses scam traders need information that’s exact, true, consistent, insightful, and accessible. At Forex Forum you can explore meaning-full, reliable and actionable discussions followed by the professional trader’s advice. limefx offers a Micro account for its clients with a minimum volume in lots per trade 0.01. Within the XM micro account, clients can trade as small as 0.01 lots on MT4 and on MT5.

Can I trade with $1 on FBS?

“FBS is one of few brokers that allow you to trade with a sum of 1 $. So everyone can try and start with Cent acount.”

Open a Real Money account and trade 10 standard lots, and they would credit your account with $100. Additionally, limefx also gives you an option to transfer balance from your account with another broker to the new account. Amazingly, limefx was established in the year 2003 as not a company but an educational project. Starting 2009, they started providing trading to their clients through the Electronic Communications Network offering direct order execution based upon the MT4 terminal. Like most of its competitors, limefx AU Pty ltd does offer a demo account that allows clients to gain experience prior to trading in the real market. It provides a simulated trading environment and does not require any real capital.

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