LimeFX Review #1: Is LF Reliable & Regulated FX Broker?

LimeFX’s information on spreads and commissions is quite limited, which may make it difficult for traders to accurately assess the cost of trading with the broker. However, LimeFX does declare to have tight and variable spreads, with an average spread of 0.5 pips for EURUSD, which is a competitive level compared to other brokers in the market. The broker also does not have any hidden fees or charges, which can be seen as an advantage for traders. However, the lack of transparency on commission charges may be a disadvantage for traders who want to have a clear understanding of all the costs involved in trading with the broker. LimeFX started its business in 2005 and since then, it has taken off to greater heights. With its flexible and affordable trading accounts that attract a deposit as low as 1USD, it has become an industry giant, attracting more online traders towards its platform.

LimeFX provides their traders with a
variety of deposit and withdrawal methods for convenient Forex trading. All of
the same methods used to deposit funds can be used to withdraw funds. Deposits
are free of charge and withdrawals are subject to withdrawal fees. The minimum
deposit amount varies from $10 for most payment methods to $100 for some Bank
Wire Transfers. As for withdrawals, the minimum withdrawal amount is not
stated.

Price chart manipulation

Then, move to the Trading section in the left menu and select the trading instruments you prefer (Currencies, Cryptocurrencies, Metals, Oil, Shares, Indexes). As the proof of address the Company also accepts bills https://limefx.name/ from internationally recognized organizations, affidavits or bank statements (mobile phone bills are not accepted). To verify your profile, you must submit the following 2 types of documents to LimeFX.

You can also contact General Customer Inquiries Department requesting them to change your password, where a manager will ask you to provide required identification data. The first trading account is opened in the Client Profile automatically after registration and is labelled as ‘’main”. Through LimeFX ECN price model you get to trade with spreads from as low as 0.0 pips.

I cannot log in to my account. The terminal shows the message ‘Invalid account’

On the right side of the chart, you’ll see the menu for opening trades to buy or to sell. Full time IT support staff are available across all time zones to assist you with setting up your VPS or troubleshooting any issues you may have. After ordering a Forex VPS plan, you will receive login information for a remote Windows desktop, which can be used with any RDP client. You can also connect using web client available in the Client area.

Your orders will be filled in front of other traders who are competing for the same price. Fast execution means more pips and this is the reason traders around the world trust FXVM for their high frequency trading needs. FBS’s $140 No Deposit Bonus is kind and inviting chance for new traders to test the platform without jeopardizing their money. If the margin requirement to maintain open positions is less than the amount of bonus funds, the Stop Out will occur as soon as the equity level reduces to the margin requirement level. The Company has the right to compulsory close the client’s positions without prior notice, if the current equity is less than 100% of the margin required to maintain opened positions.

Types of Accounts at LimeFX

A great advantage of the forex market is its unique level of leverage. An ECN trading account is automatically created in the Client Profile after registration. You will be emailed all the information you need to access your Forex vps immediately. All you will need to limefx broker reviews do is log in to your MetaTrader 4 account, or download and install other software you would like to use. We have included Chrome browser and a number of other applications pre-installed for your convenience. Any EA requires the trading terminal to be running 24/7.

• You get to access all the online tools, resources, and services the online broker has to offer.
• The minimum and maximum volume for CLASSIC and ECN accounts are 0.01 and 100 lots, respectively.
• Ideally, all withdrawal requests are handled manually by the finance department.
• We accept Credit/Debit Cards, PayPal, Skrill and Coingate (Bitcoin & Cryptocurrencies) payments.

If on the last calendar day of the month the account is archived, the payment of interest for the period when the account was active (daily interest paid in the current month) will not be made. Support level is the level below the current market price, which suggests that the price rate can reverse upward. Accordingly, if the price changes inside this range of 3 pips during the time of order opening, the order will be opened at a new price all the same.