I like how their customer support service handled my issue. It’s a good broker for intraday trading because trading conditions allow to earn on every move. For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread. If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. MT4, which has helpful tools like flexible trading systems, wide technical analyses, and algorithmic and mobile trading, is offered for PC, tablet, and smartphone users.

  1. Brokers utilizing dealing desks and market-making often offer fixed spreads, signaling that the provided spreads may not emanate from a genuine, efficient, and organic marketplace.
  2. The logic is simple, the more active clients you have and the more they trade, the higher rebates you will receive.
  3. This approach negates any conflicts of interest or price mark-ups, corroborating LimeFx’s stance as a trustworthy partner in trade execution.
  4. They have been established over a decade ago, so it they’re not going anywhere pretty easily.

If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. The broker supports the popular MetaTrader 4 trading platform with multiple terminal capabilities and a multi-account manager. You can also access the LimeFx MT4 platforms on Android and iOS smartphones and tablets. LimeFx employs an electronic communications limefx review network/straight-through processing (ECN/STP) model, so you get tight forex dealing spreads from top Interbank liquidity providers. LimeFx has been around for more than a decade, and that experience in the industry has made it a well-liked broker. The educational tools offered, dedicated customer service, and zero commissions fees are all major bonuses.

Review Methodology

New traders can benefit from demo trading and the carefully designed FOREX.com educational platform. The company offers a 100% bonus on investor deposits of up to $2,000. Supporting both MetaTrader 4 and MetaTrader5, FOREX.com offers traders the use of its proprietary app with web and mobile options.

We have over 20 years of experience when it comes to trading online so we know what to look for. Applications for Corporate trading accounts should be submitted when a Legal or Registered Corporation intends to open an account. On the Corporate Account Application form, you will find areas specially designed for assigning an Authorized Representative(s), to trade, deposit or withdraw on behalf of the applicant. Opening a Corporate Trading Account is a straightforward procedure.

The broker operates using the STP/ECN execution model, which offers access to the interbank markets. “ECN” stands for “electronic communications network” and “STP” stands for “straight through processing”. ECN brokers execute by matching https://limefx.vip/ client orders and STP brokers execute by passing client orders directly to an external liquidity provider, with no dealer intervention and no re-quotes. Your trades are made on prices provided to LimeFx by its liquidity providers.

Operating under a true STP/ECN model, LimeFx endeavors to provide the trading conditions that traders aspire to achieve, earning the respect and trust of our clients and ensuring their best interests are at the forefront. This approach guarantees unmatched transparency and eliminates any conflicts of interest. Unlike Dealing Desk brokers, LimeFx never opposes client trades, ensuring a seamless and transparent trading experience.

Client Fund Segregation: A Pillar of Trust

Though LimeFx provides only one account type and one platform, the ECN XL is a pretty strong offering that will work for traders of all experience levels. LimeFx is a retail broker that provides traders with the popular MT4 trading platforms, useful educational materials and robust trading tools, to trade in the global financial markets. The broker lets you trade the available financial instruments using the MT4 trading platform. The software offers an impressive array of analytical tools, including nine timeframes and four chart types for each financial instrument to ensure detailed market analysis. It’s great that LimeFx broker offers a demo account for trading. Although I have been trading forex for many years now, I would never choose a broker that does not offer me the opportunity to trade with virtual money.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. LimeFx does not provide services for United States residents and/or citizens. I like the vaiety of ethods available for funds depositing and withdrawing!

This award, a reflection of independent endorsements by traders, underscores LimeFx’s commitment to innovation and service excellence. Our introduction mirrors the clear, concise, and precise individual service we render to our clients. If you have experienced other brokers, allow us the privilege to demonstrate why we consider ourselves unparalleled in the industry. This approach negates any conflicts of interest or price mark-ups, corroborating LimeFx’s stance as a trustworthy partner in trade execution. LimeFx’s extensive product range includes over seventy Forex pairs, cryptocurrencies, indices, metals, and energies.

LimeFx Research Offerings

LimeFx remains committed in providing the very best for its valued clients and partners. In alignment with our steadfast commitment to client security, all client funds are meticulously held in segregated accounts. These are unequivocally distinct from any and all LimeFx corporate accounts, a measure that fortifies the integrity of our clients’ assets and builds an enduring foundation of trust and reliability. Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers. This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading. LimeFx ECN XL account holders pay no commissions to trade any supported asset.

Regulated, Transparent and Fair Trading

I actually prefer to take control of my own trading as I like to be responsible for my decisions. It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t want to take any risk whilst practising. The MT4 platform is available in desktop, web, and mobile versions.