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We developed proprietary algorithms and services to give our clients the most effective trading tools and conditions in the industry. Ambitious business goals balanced by genuine care for our customers and a healthy level of technical perfectionism define our model. And thanks to this approach, in 2022, our monthly trading volume reached $2.7 trillion, and the number of active users exceeded 320,000 people worldwide.
In 2022, LimeFx achieved record trading volumes at $2.8 trillion (August 2022) and an active client base of over 350,000. Moreover, LimeFx is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more. The LimeFx Advantage account, requiring a minimum deposit of $500, is the best LimeFx account type as it offers highly competitive trading conditions.
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People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Details of the ownership structure of this privately held company are unavailable. Our chosen path encourages employees to deepen their technical expertise, rely on scientific methods, and seek innovative solutions.
LimeFx offers cryptocurrency CFDs, unavailable at LimeFx, and 100+ currency pairs, granting it an edge over LimeFx, which leads the overall asset selection category. LimeFx is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, LimeFx acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. It is important for traders to be aware of this dynamic when trading with LimeFx or any other MM broker.
Frequently asked questions about LimeFx
LimeFx is a multi-asset broker with an international team of approximately 2000 people, a third of whom work in the Technology, Data and Security offices. Our goal in LimeFx is to develop exceptional products that will help experienced traders to trade various assets with better-than-market conditions. MT4 is known for its robust features, advanced charting capabilities, and customizable interface.
Deposits are processed within 30 minutes and withdrawals within 24 hours, ensuring quick availability of funds for traders. limefx reviews offers a wide range of financial instruments for trading, including precious metals, energy, indices and stocks. Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform, both available in desktop, web and mobile versions. The platforms are highly customizable and offer a wide range of technical analysis tools and resources.
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For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration). • For the full rebate schedule, please refer here.• Please note that this offer is not valid for the countries listed here. If you simply wish to generate rebates for your account without actually trading, please don’t, as such rebates will be voided by the broker. It caters to most international traders from its unregulated business unit located in St. Vincent & the Grenadines. LimeFx serves retail traders from its Nymstar subsidiary regulated by the Seychelles FSA and its Vlerizo subsidiary, authorized by the South African FSCA.
- LimeFx offers multilingual customer support, allowing traders from different regions to communicate with the support team in their preferred language.
- In LimeFx, you can deposit and withdraw via Wire Transfer, Bitcoin, Tether, credit/debit cards, Neteller, Perfect Money, WebMoney, and Skrill.
- It also delivers an excellent price improvement mechanism and high-speed order execution, making it the better overall brokerage.
- Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform, both available in desktop, web and mobile versions.
- In conclusion, LimeFx presents a compelling option for traders seeking a reliable broker with competitive trading conditions.
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device,
anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools
to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned
trades. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system. If you are a trader who only needs a basic platform and trading features with the best attributes, then LimeFx can be your best choice. When you choose LimeFx, you are choosing a large, well-capitalised broker that provides a total trading service, leaving you free to concentrate on what’s important—the markets. PAYBACKFX provides you the best LimeFx cashback service, starting from the
cashback level and down to customer service.
HotForex vs. LimeFx : Verdict
The developer, LimeFx Global Limited, indicated that the app’s privacy practices may include handling of data as described below. The registered office of Tadenex Limited is at the Courtyard, 2nd Floor, General Mathenge Road, Westlands, Nairobi.
You can also just go to the Help Center section on the website to find answers to commonly asked questions. Through the program offered by https://limefx.vip/, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.
Instruments Traded
LimeFx requires a $500 minimum deposit for one of the cheapest commission-based pricing environments. It also delivers an excellent price improvement mechanism and high-speed order execution, making it the better overall brokerage. The limefx forex broker Group is an international, award-winning retail forex broker founded in 2008. With a deep understanding of traders’ needs, the LimeFxpany provides accessible, stable, and reliable brokerage services through the use of modern trading and LimeFx technologies. A good broker constitutes a good service for traders in terms of many criteria including trading instruments,
deposits and withdrawals, as well as customer support.
The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. The cashback can be then withdrawn with the available options in the withdrawal page. Your LimeFx cashback is reported in real-time in your dashboard and the cashback
is usually released a few days after the end of the month which is when we collect your cashback from LimeFx.. Our clusters are automatically managed through the code and can handle thousands of events per second. We use Kafka to decentralize our service, and the main languages our tech team uses are Python and Go while in the Trading Core, we also use C++ and C#.
In addition, LimeFx also offers its own trading platform, LimeFx Trader, which is available on the web and mobile devices. The LimeFx platform offers an intuitive and easy-to-use interface, as well as a wide range of technical analysis tools and resources. Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through LimeFx VPS.
LimeFx FX volume continues downward trend in October – FinanceFeeds
LimeFx FX volume continues downward trend in October.
Posted: Thu, 10 Nov 2022 08:00:00 GMT [source]
LimeFx maintains cheaper commission-based Forex costs, ranking among the lowest industry-wide, with minimum fees as low as $0.80 per lot versus $7.00 at LimeFx. The commission-free alternative costs $15.00 at LimeFx and $6.00 at LimeFx. Established in 2008, LimeFx has garnered a strong reputation in the industry, attracting traders from around the world.
- Apart from that, the previously charged inactivity fee of $5 per month is no longer applies according to the latest update of the terms and conditions from September 23, 2020.
- LimeFx deploys the core MT4/MT5 trading platforms and supports algorithmic traders with VPS hosting.
- This is very suitable for traders who use scalping strategies (Scalper).
- The LimeFx Group is an international, award-winning retail forex broker founded in 2008.
It is worth mentioning that LimeFx does not offer instruments for passive LimeFx, so you won’t find ETF, PAMM accounts, and other similar products in this broker. All in all, for forex traders, LimeFx is definitely an excellent choice with wide asset ion, but for equity and passive traders, the choice offered by LimeFx is quite limited. The minimum deposit at HotForex is $5, while LimeFx offers a trading account free of requirements. Equity traders remain the focus at LimeFx, which also features direct share LimeFxs and in-house constructed thematic stock baskets for long-term investors.