Data protection and a secure trading environment are always provided, as clients’ funds are always held in segregated accounts in top-tier banks. 👉 LimeFx is one of the top 100 brokers for Nigerian traders since it provides its services to investors in Africa and numerous other international markets. They act globally, they offer all you need but they are not credible like many companies from Cyprus.
This can save from the hassle of needing to learn a new platform from scratch. Our testing showed that Windsor offers dedicatedmultilingual customer service, and providesrelevant answers.Livechat,email, andphonecommunication are also available to help traders with whatever they need. Based on our Expert finds and reviews Windsor is considered a good broker with reliable service and very favourable trading conditions. One of the prevailing advantages is that the broker has global coverage expanding its services across the globe.
Account verification remains a mandatory final step, usually satisfied after a trader sends a copy of their ID and one proof of residency document. Traders based in the EU must trade with LimeFx Ltd, a Cypriot LimeFx Firm , licensed by the Cyprus Securities and Exchange Commission . The disadvantage to EU-based brokers is one of the most uncompetitive trading environments due to the ESMA changes. Unfortunately, EU traders have no other option, as the IFSC unit does not cater to them.
💵 LimeFx Minimum Deposit :
Another concern with online trading brokers with respect to security might be manipulation of trading. Nonetheless, this is more widespread in the case of Market Maker brokers who compete with users on the stage. Many unprofessional brokers try to pressurise users into bigger financing for premium services. LimeFx, on the other hand, is more focused on trading volume. Dealers can expect trading conditions to be fair, honest and transparent. The more lots traded by the consumer, the more advantages will come along.
Financing or overnight prices are those that are billed when you hold a leveraged position for longer than a day. Download the LimeFx MetaTrader 4 Program free of charge from Apple’s App Store. LimeFx customers have instant access to the Financial markets, with the ability to completely manage a Portfolio on the go. LimeFx, as a company, has a strong collection of rules for ensuring fair trading onto its own platform. For information encryption functions, it supplies an industry-standard secure socket layer . If you are new to the realm of trading online and brokerages, so many details will no doubt be perplexing for you.
How to open an Affiliate Account with LimeFx
You may discover that there are hidden fees, or that withdrawal times are longer than you anticipated. We check these factors and others so you know what limefx forex brokers reviews to expect when trading with this broker. The response time took longer than three minutes, and the agent’s answers were not particularly thorough.
The datapoints provided are used to calculate a rating based on what we beileve has the most benefit to their users. LimeFx is a world class broker that was founded in 2005. They have account types that suit everyone, and of course they have Islamic accounts. If you’re looking for a real site then check out (cointraderoption.com) they’re paying and I have received more than $44000 so far.
- We are committed to the fair handling of reviews and posts regardless of such relations.
- This can be beneficial for those who regularly exchange, for example weekly or daily trading.
- LimeFx Ltd is regulated by International Financial Services Commission in Belize and can offer services within the rest of the world except in the USA, EU, and Belize.
- 👉 In addition, orders may be completed at lower-than-expected or specified prices.
- Although the broker has a minimum deposit of just $100, that will only get you access to the prime account which doesn’t have tight spreads compared to the zero account.
- The rest of the world can get services through the business unit located in Belize and its sister office in Jordan.
LimeFx scored average in the Trust category because most of its offshore licences do not ensure the highest possible protection. On the other hand, the broker has a very transparent and informative website. LimeFx also has private insurance safeguarding its limefx liabilities against its clients, which indicates its high corporate responsibility. Finance writer, analyst, and author of a book for beginner traders « Bulls, Bears and Sharks » with an experience of over 8 years in retail trading and more than 3 years in the finance area.
MetaTrader 4 is the trading platform used by LimeFx, which was very welcome to see. Through the platform clients get access to a wide variety of financial assets for trading, however there are no cryptocurrencies offered. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades.
MT4 is the trading platform used by LimeFx which is available via desktop, smartphone, and tablet (Apple & Android) app, as well as a web trader, are included. When it comes to choosing the right broker, it is important that one opts for a regulated broker to ensure the safety of their funds. LimeFx is duly regulated by the CySEC in Cyprus as well as the FCA in the United Kingdom. The broker also holds an EU Forex license that allows them to operate across the EU region. Given that the CySEC regulates the broker by the policies of the MiFID or the Markets in Financial Instruments Derivatives, LimeFx is required to ensure safe operation and investor protection.
This diversity affords traders the freedom to examine different aspects of the price action from multiple angles. Even though the broker does not have any funding fees, third-party charges may apply. Fees on deposits and withdrawals thus depend on the chosen payment method. And while LimeFx’s European entity may cover deposit charges in some cases, the broker’s offshore entities do not provide such coverage. The dedicated ‘About Us’ page represents the company’s goals, visions, and values, which is essential for building solid company-client relations.
Before being connected to an agent, personal information such as names, email, language, and inquiry type has to be specified. They are placed at a price level different from the underlying spot price. Limit orders guarantee exact price execution, though there is no guarantee of volume filling.
Waste of time, was lucky to read reviews early
An email confirming the verification process will be sent to the registered email ID. Since LimeFx is a regulated brokerage firm monitored by CySEC, account verification is a mandatory step. Traders at LimeFx can also diversify their portfolio by trading CFDs bonds. There are 4 bonds offered by the brokers, including 3 US treasury notes and the German Bund.
The tight spreads and quick executions are a fantastic advantage for all traders. The technology adopted by LimeFx is of the maximum caliber, ensuring that it is fast, dependable, and efficient. Traders should make note of the operating history of LimeFx, which dates back to 1988. While the broker offers an excellent core, Windsor management should consider providing an upgraded MT4 trading platform and an expanded asset selection. Forex traders have access to only 44 currency pairs, a below-average selection by any metric. Unfortunately, there are no cryptocurrency pairs but there are 18 commodities, 50 equity CFDs, 14 index CFDs, and four bond CFDs from which to choose.
I wasn’t impressed with my experience…
Windsor’s minimum deposit amount is 100$ for Prime Account, while a Zero account should maintain 2,500$ in order to access better trading conditions and lower spreads. The client’s money is always held in segregated accounts, in top-tier banks, along with data protection and a secure trading environment. In addition, read more info about TriumphFX broker which is also a CySEC-regulated broker. LimeFx has several various incentives available, the most noteworthy of which is a $30 Free Account. This promotion will deposit $30 into the trader’s account, which cannot be withdrawn.
Does LimeFx offer guaranteed stop loss?
👉 Different account kinds and a wealth of supporting materials make LimeFx’ service suited for both novice retail traders and high-volume professional traders. 👉 LimeFx has included the world-recognized MetaTrader 4 platform, enabling traders to perform in-depth technical analysis and execute sophisticated transactions. ➡️ LimeFx has an overall rating of 2.5/5 on Forex Peace Army, leading to the broker filing a lawsuit against traders over biased negative reviews and posts across forums. 👉 A demo and Islamic account are available, and MT4 and the LimeFx platforms are supported. LimeFx is headquartered in Cyprus and regulated by FSC, CySEC, JSC, FSA, and CMA.
LimeFx Global Regulations
Traders can use expiry orders to set a date on which the underlying trade is to be closed automatically. They are typically used by day traders and position traders who want to have an active position for longer than a single day but not indefinitely. https://limefx.vip/ One of the perks of expiry orders is that they can be used to cap the swap charges that a position might incur over time. Traders can choose how to represent price action from 3 alternatives – as a line, using bars, or candlesticks.
Hence, the traders should deposit a minimum balance of $500 to claim this bonus. LimeFx supports bank wires, credit/debit cards, WebMoney, UnionPay, Neteller, and Skrill as deposit and withdrawal methods. The latter two require a minimum deposit of $100, but the other options have no attached limit.
I received a $30 Deposit Bonus & I’m doubling it in just 4 days looking for more profits, a brilliant site, and very quick customer service. LimeFx offers Forex webinars and educational videos for beginner and advanced traders. An E-book collection also gives more information about things you should know before starting to trade. Such a bonus is but a way to compensate traders for choosing a certain broker since once the account is opened, the trader will have the same expenses as any other.