Online Forex & CFD Trading with LimeFX UK: A True ECN Forex Broker

Multiple order and execution types are supported including market, pending, limit, stop loss, take profit, trailing stop, etc. In addition to this, they offer One Click Trading and a Level 2 MT4 plug-in, so you can place trades with just one click. LimeFX let you trade on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. More than 70% of online trading brokers offer MT4 to clients whilst a large percentage of retail forex transactions are conducted through MT4.

When you open a PAMM Crypto account as a Master, you gain access to the most lucrative investment asset of recent years, which can help you attract more potential Followers. The absence of a dealing desk implies that the system matches your order against an opposing order from another participant of the ECN. Therefore, the broker does not trade against you, and there is no conflict of interest between the trader and the broker. Although LimeFX does offer some educational resources, it is important to note that it does not have as extensive a range as some other brokers. 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..

Geolocation of Traders

Register for free and test your trading strategies, open an LimeFX demo trading account with no risk and no obligation now. LimeFX were one of the first online brokers that I had an account with many years ago and remain one of the most popular until this day. They are a regulated ECN broker offering you some of the best possible trading conditions with low spreads, fast trade execution speeds and competitive commissions. You can get access to user-friendly trading platforms for web, desktop and mobile devices. They enable you to trade hundreds of instruments across multiple asset classes and have a range of convenient account funding options for you to choose from.

• We do not provide financial advice, offer or make solicitation of any investments.
• ASIC contribute to Australia’s economic reputation and wellbeing by ensuring that Australia’s financial markets are fair and transparent, supported by confident and informed investors and consumers.
• The 5 levels of market depth show you the available volumes of liquidity for any currency pair.

The master trades their own funds through the PAMM whilst the PAMM technology allows the trading activity to be replicated on the follower’s accounts. Funds are allocated to a PAMM and are segregated so that they cannot be used for any purpose other than the PAMM. LimeFX have accounts designed to meet the needs of traders with different levels of experience and skills.

Because you’re under the FxRebate affiliate network, we’ll receive a portion of this commission and share the majority of it with you. That’s how you earn (save) money consistently, when you pay commissions to your provider. 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). Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make.

There is a knowledge base on the LimeFX website that includes tutorials on how to use the One Click Trading & Level2 Plugin. You can easily open and close trades, set stop and entry levels, place and edit stop and limit orders, stop loss and take profit and more. However, I need to use the desktop platform as the web version cannot run expert advisors (automated systems). LimeFX publishes a Product Disclosure Statement and Financial Services Guide, which spells out exactly what customers are signing up for when they opt for LimeFX as their broker, including the risks involved.

LimeFX Rebate Calculator

And with LimeFX’s unique proprietary price aggregating technology our clients can benefit from the industry’s most competitive spreads and low trading commissions. In addition, with our One Click Trading and Level 2 MT4 plug-in, traders can also place trades with just one click of the mouse. LimeFX STP account is best suited for experienced retail traders looking to trade only with the bid and ask prices, without any added commissions. The LimeFX STP account allows trading of 50 FX pairs, plus Gold and Silver, and is available only with the MT4 platform. Spreads are also floating, starting at 1.0 pip for major pairs, with no trading commissions and STP accounts can be opened with a low initial deposit – 10 USD. The STP trading account has the benefits of ECN real market execution with a starting deposit of just $10, compared to $100 on the LimeFX ECN account.

Like ECN, STP trading accounts offer diverse tradable financial instruments with no restrictions on automated trading, expert advisors, and strategies, including scalping and hedging. As such, traders with moderate to advanced experience in the industry may derive the greatest benefit from the range of trading accounts, features, and conditions that LimeFX provides to its clients. We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.

Who will Benefit from Trading with LimeFX?

MT5 is a more powerful version of MT4 and was also developed by trading software company MetaQuotes Software Corp. It has a very similar user-friendly interface to MT4 with a few additional functions to improve the overall trading experience. You might need MT5 if you are a super technical trader and need access to more stock trading instruments.

I appreciate that due to the many years of experience from the LimeFX team, they have a good understanding of what exactly traders want and can use this experience and knowledge to deliver the best possible solutions. They follow strict compliance whilst implementing the latest trading innovations and take a trader-oriented approach. I would’ve preferred a 24/7 chat availability but 24/5 is what you will find from most brokers. A VPS allows you to run your MetaTrader platform 24/7 without needing your computer switched on.

The impressive range of services include trading accounts, trading platforms, managed accounts, analytical tools, trading signals, free VPS, convenient funding and excellent customer service. I have never had any issues when it comes to trading or funding with them, plus the regulation gives me comfort that my funds are safe. With LimeFX investors can trade with different trading platforms, the classic MT4 and the next-gen MT5, and the more complete TickTrader platform, allowing all types of strategies, automated trading and to suit all kinds of traders. Established in 2005, and with offices in the UK and Australia, LimeFX is one of the world’s leading and fastest-growing Forex brokers. The broker offers its customers attractive trading conditions, fast and error-free order execution and the industry’s most advanced and innovative technological solutions for both retail and institutional clients.

MetaTrader 5 (MT5) is the multi-asset successor to MT4, offering a number of additional benefits

whilst still retaining the familiar user interface. It is impossible to determine the exact number of traders using the Cashback Rebate feature with LimeFX. LimeFX offers trading in Bitcoin and Litecoin against the US Dollar, Euro, or Russian Ruble in the form of CFDs. If the interest rate of the currency being https://limefx.name/ bought is higher than that of the currency being sold, the trader will earn a rollover credit. Conversely, if the interest rate of the currency being bought is lower than that of the currency being sold, the trader will be charged a rollover fee. Followers reap the benefits of the volatile and liquid cryptocurrency market without the need to monitor market trends or make tactical decisions constantly.

There is a knowledge base on the LimeFX website that includes tutorials on how to use the MT4 platform. LimeFX offers free Forex VPS services for one month to clients who maintain equity of at least $5,000 in their accounts at the end of the month or have traded volumes of $10,000,000 per calendar month. Both novice and experienced traders can benefit from the advanced charting package with technical indicators and drawing tools, trading algorithms (including neural networks), and social trading, enabling traders to follow others. Furthermore, the importance of the demo account lies in its ability to allow traders to gain experience and confidence without risking their funds. Basically in this type, you’ll receive cashback based on your operations volume.

Trading hours schedule for Summer Bank Holiday in UK

I found this useful especially if you wish to keep expert advisors running and want to access your MT4 platform remotely from anywhere in the world with an internet connection. I have my own VPS that cost around $30 per month and is great for remotely running trading robots on multiple platforms at the same time. I like how can download and use ready made expert advisors (EA’s) for automated trading or use the built in MetaEditor to create limefx forex broker your own automated strategies in the MQL programming language. I have used the MT4 platform to run automated strategies for many years and find it the perfect platform to do so. LimeFX AU is regulated by the Australian Securities and Investments Commission (ASIC). ASIC is amongst the most respected regulators due to strict regulations that give protection to traders through its policies that companies such as LimeFX must comply with.

Account Options

The MetaTrader 5 platform is another trading platform that LimeFX provides traders with access to financial markets. It offers a range of features, such as the ability to execute orders, test trading strategies, and analyze markets. The company was founded as an educational center offering courses in the field of technical analyses and financial markets. The launch of brokerage services in 2005 was a natural progression to satisfy the growing need for fair and transparent trading conditions combined with excellent customer support. However, if you are new to trading, then you might want to take a look at ActivTrades as they provide comprehensive market analysis and one on one training.

I personally prefer MT4 since I find it does everything I need without complications and I have been using it for many years. You can download the MetaTrader platforms for free on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). LimeFX has an execution quality certificate from Verify My Trade that compares 5,000 trades per month against a benchmark of other brokers and liquidity providers. I can say from experience that I have always received good execution on my trades, even when scalping during hours of low liquidity. TickTrader is a trading platform offered by LimeFX that caters to novice and experienced traders. The platform offers an intuitive user interface that allows traders to make quick and efficient decisions.