Contents
Whether you’ve been trading for a year or have decades of experience behind you, it’s vital to set yourself quantifiable goals. That could be achieving a 20% annual return on your LimeFX or getting a total of 100 pips a month. Whatever your goal, it’s easy to measure your performance using the best forex broker in Australia, LimeFX. Whether trading forex in Sydney, London or elsewhere, access your account via the desktop, web-based or mobile version of the MT4, MT5 or TickTrader trading platform.
For instance, ECN and STP accounts have variable spreads, because the two accounts reflect the actual market conditions. Out there in the interbank market the conditions differ throughout the trading day, from moments with little or no activity to moments of very high market volatility. Because the forex market is made up of currencies from across the globe, predicting exchange rates is difficult as there are a number of factors that constantly move prices. The main driving factors for these moves are central banks, news reports and market sentiments.
It’s now a versatile, multifunctional product used to satisfy the existing and emerging needs of hundreds of thousands LimeFX traders. TickTrader Trading Platformthe latest product in the package, provides the most demanding LimeFX clients with all opportunities for profitable trading. It’s easy to use, and it meets the multitude of requirements from every type of trader, from beginner to institutional. However, LimeFX does not provide operations to citizens of the United States because of tight US regulatory constraints.
LimeFX is a true ECN technology broker, where trades are matched with the best available price on the Electronic Communication Network . With tight variable spreads, low commissions and an NDD model, we want all our clients to be profitable traders so there is no conflict of interest. With ASIC authorisation and regulation, LimeFX is the ideal choice for forex trading in Australia. TickTrader Trader’s Roomhas been the main tool that helps LimeFX traders make deposits and withdrawals to trading accounts since 2014.
The spreads are very low and they have direct market liquidity with some Major Banks. Also during my trading i have never experienced any Re-quotes. I grew my account from 19usd to 80usd and tried to withdraw the 80usd to my MasterCard. The money never came into my card even after the so called “5 business days” had elapsed. Moreso, the money had been deducted from my min account wallet. LimeFX is definitely not legit and I wouldnt recommend them to anybody.
Is LimeFX a good broker?
I am trading with this broker when i joined them in 2018 using their ECN trading account. I have been using this broker from 2 years and they provide the Automatic withdrawals facility with the Bitcoins so i can get my funds very fast. As i am trading using their ECN account the spreads remain on the interbank rates so the trading also becomes easy and profitable with them. But since the COVID-19 pandemic, their service has become so so. Execution has gone slow, spreads have become so expensive, and their trading platforms have been failing on me. Their support has been slow too, taking about 2 days to reply.
- Being a UK based regulated broker LimeFX therefore, follows strict guidelines set by the European authority Financial Conduct Authority and general ESMA rules.
- This is why the economic outlook calendar could become one of your first-tier instruments for real-time analysis if you decide to go into forex.
- It depends on how much trading capital you have and what are your targets.
- 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 have ECN Technology which allows Best execution of my trades and at the prices which i have clicked in my orders. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Other Brokers many of who are Market Makers will be trading against you and so you will have a difficult https://limefx.club/ time in earning consistent profits with them. Changing the visible period will recalculate in real time the new average. CFDs are complex instruments and come with a high risk of losing your money. Thanks for taking the time to leave a review and for sharing your positive experience of LimeFX.
LimeFX Markets Limited operates through LimeFX.com, is registered in Nevis under the company No. LimeFX consists of a group of companies, which through its subsidiaries is regulated in 3 jurisdictions. We fully understand that it creates both additional charges and inconveniences to our clients. So far, I haven’t seen anything wrong with that company, so trading with them hasn’t had any problems, and I’ll give some examples of that. It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation.
Funding Options
There has been good response about Arab technical support and other customer services. You can clarify queries regarding local bank transfers, major currency pairs, Australian securities, trading account balance, LimeFX commission asic, active stocks, and more. The technical support service responds to your queries and problems. There are more than three trading platforms that include LimeFX platforms MT4 & MT5. I really like this forex broker; my experience since 2011 has been great.
- With my own comparison i can say that the Trading facility offered to me is the best among them.
- This layer divides the server into multiple compartments separated by virtual walls, allowing each user to install their own operating system and software.
- There’s been talk a lot about the credibility of that company see you my personal experience with them to know that.
- The Micro account welcome bonus starts at $1, while $10 is added to your account if you register with an STP account.
I joined this broker after trading with other brokers when my friend told me about the ECN trading of LimeFX. Now i am making income from my trading due to this broker providing me with a good trading environment. LimeFX is a ECN Forex Broker so trading with this broker is very easy for us and we are able to earn income from our trading. Traders can only use the ask price when buying and the bid price when selling. Thus, by opening and closing a position, they pay the spread charged by the Forex broker as a fee.
PAMM Account | LimeFX | Best broker For Secure accounts
It is always better to wait for the news before doing your trading so that you can get more profits. I am trading mainly in the AUDUSD and Crude Oil as I know much about them. I use LimeFX only for my trading as they have the lowest Inter Bank spreads at any time as compared to the other brokers around. I was looking for broker which can offer high volatile pair to trade and eventually i saw they have ave even cryptos base account so i make profit with LimeFX. Hello everyone it is possible to retrieve your stolen bitcoins.
I have more than 7 years of Forex trading experience and i am always looking for those brokers on which i can depend for my trading requirements. Though i trade with more than 1 broker but i am also trading with LimeFX because I like their services a lot. I am doing part time trading using Market Technicals along with News trading using their Tick Trader Gross account. LimeFX is Reliable and offers ZERO spread with no restriction in trading strategies, so we can trade even in High liquidity conditions with ease. I have trading experience with this broker and its market execution of orders is excellent along with very Low spreads in currency and metals. As a Full time trader i can say that LimeFX Markets is a good ECN Forex broker and it has allowed me to do my trading with profits.
This broker is whooping good in services, the reason i am stating this is that i have been using them more than a decade almost, i use their ECN service because of the tightest spread. Flexibility with the payment methods for deposit.Further that i am also using their PAMM service, some are quite old so i take advantage. Articles and financial market analysis on this website are prepared or accomplished by an author in his personal capacity. The views and opinions expressed in postings on this website belong solely to the author and may not reflect those of the company’s management or the official position of the company.
$10,000 Welcome Bonus – Join LimeFX and get a New Clients Bonus up to $10,000 – LimeFX
LimeFX is an online trading platform where you can trade forex, shares, commodities, indices, cryptocurrencies etc. You will find different trading accounts along with various financial markets on LimeFX markets limited. The head office of LimeFX is situated at three different locations. It is considered one of the respectful and honest companies.
- Once you open the LimeFX website, you will find that it is regulated by the Financial Conduct Authority FCA. You can start trading right away after signing up on the platform.
- No matter your past performance, LimeFX gives you hope for a better next period.
- I started with an Initial sum of $300, this got me some trades winnings and a huge profit but at the end of it all, I ended up at the losing ends.
- Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
- This would happen if the base currency has weakened against the quote.
- Compared to other forex broker companies, the company’s credibility has gained significant experience.
If you are a beginner trader, expert advisors will guide you along all the financial markets and market fluctuations. New traders can be unaware of the market movement and LimeFX Markets. The customer support will help you with all this information. You will never be asked about your trading experience on LimeFX Markets Limited.
A forex broker and trader can watch the market and price movement. As per many user LimeFX reviews, trading digital currencies, trading forex, and trading conditions are some of the important features of the reputable limefx review company. Just watch the market well and when the trend stabilizes and analyze the market well, then you can make the decision to open deals. The registration process has only a few steps and is hassle-free.
TickTrader offers a wide range of features including a sophisticated charting package, a real-time news feed, and powerful analytical tools. Moreover, it has an intuitive user interface with powerful features enabling traders to make decisions quickly and efficiently. This reduces the chances of your assets facing high risk. LimeFX has LimeFXs commission ASIC but offers a great variety of trading options and a safe, stable website. You will get to choose LimeFX STP account, and LimeFX ecn account among the different account types.
If you’ve previously used the standard desktop MetaTrader, switching to the online version will be a breeze. Because of its straightforward layout, first-time users will have no trouble comprehending the essential functionalities of the MetaTrader Web Trader. The financial commission is reasonable as per industry standards.
LimeFX is a ECN Forex Broker and all of my Withdrawal are done on time since the time i am with them. I can say that this broker has helped me achieve my target of making a good income from Forex trading business. They are a True ECN Broker and also have the VPS Service available. I can trade with them at any time due to the High liquidity.
No matter your past performance, LimeFX gives you hope for a better next period. This is a very credible trader that know what to craft for its clients located all around the world. LimeFX customer comments and reviews show it to be very popular among its clients and are a recommendable trader for anyone seeking to join the trade. This advanced trading platform comes with the following features. Using the services of credible and legitimate banks to bank these clients’ funds.