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Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. Forex Broker Guru is limefx forex brokers reviews a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers.
ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. LimeFX’s offshore entity offers a 100% welcome bonus up to $2000 whereby new clients can double their initial deposit size. However, due to European regulations, this bonus is not available for clients from the EEA.
I am pretty excited with the experience on this trading platform. It looks interesting, because there is a fast execution that ensures no slippages and requotes occur. Sometimes, maybe when there is a big load of traders and millions of trades are executed simulateonsly, thre might be delays, but if you work with pending orders during such periods, then no worries. Also, they have a cool leverage, it’s not too big and not too small, something that I really need. Eh, it’s okay, I easily diversify trading, so I can recommend trying this broker out. They are so committed to providing transparent services and making sure their traders have nothing to worry about.
I already have several months trading experience with this forex broker so I can share my thoughts on it.1. As some brokers claim they have but in practice they don’t. The spreads should be lower than market average with the rarest slippages occurrence.2. However, for withdrawals you can use only one you used for deposits. This is important because the conditions for bank transfer withdrawals presume that you have to plan withdrawals beforehand because they require time to process from the bank’s side. While LimeFX does not offer stock trading, its comprehensive selection of other instruments, combined with competitive spreads, positions it as a strong choice for traders focused on forex and CFDs.
I compared the pricing of the major currency pairs with all the renowned forex brokers and they were on the same level, and sometimes even lower.2. LimeFX is a highly regulated broker and it can’t be ignored. Especially if you are a trader who has some experience already and knows some stuff.As the downside of the broker I think I would say that it’s the scarcity of trading instruments.
MT4 upgrades are available through third-parties for an additional fee to (potentially) enhance the trading experience. One significant advantage is that LimeFX offers a more in-depth introduction to MT4, which many brokers fail to do, and which can truly set traders up for longer-term success. We score and compare forex brokers in more than 15 categories.
Crypto withdrawals are also quick as you can expect funds to be transferred within just 15 minutes. However, bank cards and wire transfers take up to five working days. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. LimeFX’s stop-out kicks in when your margin level drops to 50% or lower. At this point, the forex broker will begin to close your positions until the limefx courses scam margin level of your account is above the threshold again. You can avoid a stop-out by depositing funds into your account.
LimeFX adheres to important rules set by this regulator including the segregation of client and business funds and the use of reputable international banks for the safekeeping of client money. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
This is essentially free credit that can be used for trading purposes, and I was pleased on this occasion that there were no minimum trading requirements. That said, this broker does implement negative balance protection across both EU and offshore entities, unlike alternatives such as Fusion Markets. An inactivity fee of $5 per month is applied after three months of no trading activity. I’ve been trading with LimeFX for several months straight, and I can claim that conditions here are pretty remarkable. I can’t say that my experience here leaves a lot to be desired, because the set goals were reached and I am satisfied with it. No, LimeFX is a legit broker with regulatory oversight from the VFSC and the CySEC.
