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This order is used by the trader to automatically close the trade when the position has moved in the trader’s favor up to a certain level. This order is executed by filling a suitable price in the ‘Take Profit’ tab during order execution , or by using the Limit Order tab or using the other end of an OCO order. Trading on the Forex market involves significant risks, including complete loss of funds. Please read and ensure you fully understand our Risk Disclosure.
Most of the negative reviews mention customer service, price manipulation, and occasionally unstable app performance. Positive trader reviews vary, and mostly come from traders who tend to emphasize their extensive trading experience and have actually benefited from limefx review trades. The forex trading software provided by a broker company to its clients is called the platform and is used to carry out their trades. CFD trades on other markets have no commission but do wrap a spread around the market price of a certain instrument.
NewsForex Fundamental Analysis for Beginners
LimeFx offers the MetaTrader 4 foreign exchange trading top platform. LimeFx.com offers over 35 currency pairs, gold, silver, cfds, bitcoin and other cryptocurrencies for your personal LimeFx and trading options. Clients with Classic or Cent accounts will also have access to copy trading services offered by Share4you.
When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located. If you still have some open questions regarding our execution or require any additional information please feel free to contact us at any time observing mutual courtesy. Once more we would like to point out that LimeFx core values are transparent and honest execution and we always provide execution details in full — tick history and execution logs. Due to the different trigger conditions on SL/TP which are the industry standards stop loss orders are usually executed with a negative slippage and Take profit orders are executed with a positive slippage.
Forex brokers are also known as retail forex brokers or currency trading brokers. Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes. https://limefx.name/ LimeFx has to be one of the most controversial rating brokers, on a scale of 1 to 10, the broker would have an average score of 7.5 if you take into account both positive and negative reviews.
Trading accounts can only be denominated in US dollars or euros, there are no other base currency options. All trading accounts provide similar trading conditions, except for a few differences that come from the type of execution. LimeFx became operational in February 2007; it is owned by E-Global Trade & Finance Group, Inc., with its registered office in the British Virgin Islands. Over the past 13 years, per its own account, clients have opened more than 2,200,000 trading accounts. The 100% deposit bonus and 50% cashback program, together with its proprietary copy trading system, Share4you, represent the pillars of its success.
Bonuses and Promotions
Also, you can contact us via Customer Support using live call, chat or by sending a ticket to . There you will be able to acknowledge all common information regarding account types and settings of them. 1) As soon as the account was opened, a company representative called me to explain the things and was just a message away!
Mobile apps are preferred by the majority, since they provide easy access and can be used at any time. Launched in 2007, LimeFx is customer- focused online trading platform that is realiable and easy to use. Then in 2013, the company introduced their social trading service, Shared4you to enable traders who have no time or experience to coppy the trades of seasoned traders and learn from their trading strategies. Deposits are waived for some payment methods, LimeFx offers a selection of popular payment methods such as Debit/Credit card, and e-Wallets such as Neteller, Skrill and Webmoney.
To develop new partner website we hired skilled professionals in the WEB design and now we are happy to introduce convenient and functional web … The following are the promotions currently being offered by LimeFx. Unless you’re already a member and enjoying our service, then just sign in. In order to allow us to keep developing Myfxbook, please whitelist the site in your ad blocker settings. According to the above logs you can see that your orders were in fact triggered since the price became available, however, were further rejected within just a seconds time.
Clients can trade from the broker’s proprietary trading platform for Windows, Mac and Web as well as the globally popular MetaTrader 4 platform. Overall,LimeFxcan be summarised as a credible and trustworthy broker and is considered low-risk with competitive tradingfeesandspreads. LimeFx offers a world-class socialtrading platformwith immediate order execution. As one of the most important supporting features, the LimeFx customer support is really convenient and available at request.
Part of this is also ensuring that clients do not risk more than the original funds they invested. Forex trading, also called currency or FX trading, involves the currency exchange market where individuals, companies, and financial institutions exchange currencies for one another at floating rates. The decision about which platform to choose will depend on what a client would like to trade, therefore it will be one of the criteria when choosing a broker too. Moreover, since 1 August 2018 The European Securities and Markets Authority has placed investor protection measures on the marketing, distribution, or sale of CFDs to retail clients.
In your case orders couldn’t be closed due to net position increase two hours before symbol break which has no relation to free margin. According to our trading conditions its not permitted to close orders which will cause increasing the net position or net margin two hours before symbol break and market close on Friday. I have opened an account at the beginning of this year and have never regretted choosing this broker for trading on financial markets. Withdrawals can be made from the client portal via payments methods such as Debit/Credit card and e-Wallets such as Neteller, Skrill and Webmoney, as well as Fasapay, Nganluong, Netbanking and QR. Funds can be deposited via payments methods such as Debit/Credit card and e-Wallets such as Neteller, Skrill and Webmoney, as well as Fasapay, Nganluong, Netbanking and QR.
The Company. Security Of Funds
There are similarities between this account and the previous two, and traders are also charged a commission of 10 cents per lot. LimeFx provides clients with 24/7 customer service in eight languages. The best way to reach out to them is via live chat or site call, but e-mail, phone, and the Trader Room present other alternatives. The FAQ section answers the most common questions, and many traders may not require assistance at this well-managed broker, as it explains trading aspects properly.
Bitcoins available for trading on real accounts Dear clients, Today we are launching trading cryptocurrency on real accounts for our clients. Now every LimeFx client will be able to trade on world most popular cryptocurrency – Bitcoins. The pro STP account is an account type for professional traders and is suitable for traders with large trading volumes, traders who want to scalp as a strategy or traders with expert advisors. An account for experienced traders which gives them access to advanced technologies to aid them in the fast execution of trades.
- LimeFx offers a selection of popular payment methods such as Debit/Credit card, and e-Wallets such as Neteller, Skrill and Webmoney.
- They require clients to comply with anti-money laundering and anti-terrorism financing laws.
- Withdrawals can be made from the client portal via payments methods such as Debit/Credit card and e-Wallets such as Neteller, Skrill and Webmoney, as well as Fasapay, Nganluong, Netbanking and QR.
- We’ve also provided solution as how to close orders by using Close by or Multiple close by functions.
- Here traders are offered market execution along with floating spreads which start from as little as 0.1 pips.
I am sure they will remove the negative reviews and only post positive ones. Withdrawal to the bank cards of the Russian Federation is working, you can breathe out and quietly continue to work, as it was before certain events. If there are any complaints about LimeFx, we will be sure to publish information on social networks. Are you looking for an exciting way to level up your trading?
High fees
However, withdrawal fees do apply for some payment methods and the broker does charge inactivity fees after 24 months of no trading activity. A demo account is an account offered by some trading platforms, which is funded with virtual money. This allows a potential client to experiment with the trading platform and get familiar with its various features, before deciding to set up a real account. Here traders are offered market execution along with floating spreads which start from as little as 0.1 pips.
It is very good that there is no minimum deposit, but the spread is wide and the withdrawal service fee is too high, and only MT4 is available while MT5 is excluded. The minimum spread for Cent Accounts starts from 2 pips, and there is no commission. For Classic Accounts, spreads start at 2 pips, and no commissions are payable. Spreads on Cent NDD accounts start at 0.1 pips, and commissions are $10 per lot. Pro STP Accounts have spread from 0.1 pips with a commission of $8 per lot. The traders that you copy are extremely volatile and they almost always blow out your account.
It allows anyone to copy trades of successful traders and allows profitable traders to become so-called «leaders» and share their trades with others for a generous reward. It’s a really great service that has all the necessary features for copy trading, and at the same time is very simple and intuitive. LimeFx has long been quite popular among retail traders because of its commitment to providing quality service to every single trader regardless of their trading volume. It is also one of the few forex brokers that have Cent accounts, which are ideal for novice traders with a small budget. The most important feature of LimeFx is that no minimum deposits are required for any of their accounts. Regardless of the size of the trading volume, this broker will make you feel — special.
Reviews
Increased accuracy of quotes — the market price for all instruments will be displayed with 5 and 3 decimal places. LimeFx is weak in terms of regulation, because it has only one regulator — the FSC in the British Virgin Islands. This regulator is not a very reputable institution among Forex traders.
Satisfied with the company, came here looking for decent leaders to copy trades through share4you service, now there are already 3 traders working, trying to pick up as many more guys. It guarantees the execution of an order «at any price» at the first available price — in other words, when the broker has enough liquidity at a certain limefx forex broker level to execute the order. Traders who prefer to fill an order at any relatively close price should always choose Market Execution. The company claims to check all documents of new traders in less than 5 hours on average if the package of documents was submitted within a week and the application comes from an individual.
LimeFx does offer additional features such as an AutoChartist plugin for MetaTrader 4 which allows users to access additional tools such as risk calculators, market scanners, statistical tools and more. This is on top of the additional features found in the MetaTrader Market place which can be accessed from the MT4 platform such as programming services for auto trading. LimeFx offers a selection of popular payment methods such as Debit/Credit card, and e-Wallets such as Neteller, Skrill and Webmoney. These accounts are offered by various online trading platforms, including stock trading platforms, foreign exchange trading venues, and commodities exchanges. As with currency exchange markets, commodity markets offer different LimeFx opportunities for traders.