Forex Trading the Best ECN Forex Broker, Currency Trading Online
These four critical factors ensure that LimeFx clients are enjoying the most transparent access to the FX markets. In addition to the aforementioned Forex ECN XL trading account, LimeFx also offers a VPS and depending on regulation – deposit bonus. Clients can trade using a Virtual Private Server, which LimeFx says can give them three main advantages, including accessibility, security, and speed. There are a few features that indicate that LimeFx is a good broker for beginning or new traders. Discussed individually below, these features include educational tools, customer support, and client monetary protection. Whatever your level of trading experience or demands, we believe we have the right account for you.
Trading Capabilities
Embedded tick charts are an extremely useful way to determine accurate entry and exit points. MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4. 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. There are many ways to interpret the A in Google’s A-series devices.
Trading Platforms
Those looking to trade metals can choose from spot gold, spot silver, and spot palladium, all versus the US dollar or, in the case of spot gold, the euro. Crypto traders can trade Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Monero, ZCash, Dash, and Ripple, and energies traders can trade spot US crude oil and spot UK brent oil.
Can I use a bank account registered in a different country?
Your mission is very simple – to recommend our services to prospective clients. We value our partners and clients, therefore you can be assured you are introducing your clients to a well-known, established and regulated broker, offering transparent processes and competitive terms and conditions. Which is authorised by the UK Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money.
The Ultimate Trading Solution
As a regulated broker, LimeFx maintains a solid regulatory environment complying fully with financial laws. Once your application is approved, you will get full access to our Partners Hub and receive your referral links. The logic is simple, the more active clients you have and the more they trade, the higher rebates you will receive. The difference between the bid and ask prices widens (from 0-1 pip to 1-2 pips for some currencies such as the EUR). If a forex trader can guarantee large numbers of transactions for large amounts, they can usually demand a smaller difference between the Bid and Ask, which is referred to as better forex spread. If you have any questions about our products or services, or you’d like help opening an account, please feel free to get in touch with us.
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. 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. Trading forex offers up unlimited opportunities to access and trade the financial markets.
Register a Partner Account
MetaTrader 4 is one of the most popular forex trading platforms in the world today. All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s). MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots. This broker has a lot to offer its traders, including optimal conditions, educational tools, and the use of the MetaTrader 4 platform. LimeFx provides competitive forex spreads and transparent pricing, and this No Dealing Desk broker also allows any type of trade strategy (a feature that is discussed a few sections below). LimeFx brand is an international brand that is authorized and regulated in various jurisdictions and is committed to offering you the best possible trading experience.
Today, however, much of this business has moved on to more efficient electronic systems, referred to as ECN. According to BIS (the bank for international settlements) the FX market is responsible for circa $6.6 trillion of turnover each trading day. The major international banks and financial institutions are responsible for the majority of this turnover. Through LimeFx and its ECN – STP model, clients can access this market in order to trade up to 28 currency pairs, from the recognised major currency pairs through to the minor and most exotic.
- Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with LimeFx.
- And for certain markets, it was also the only Pixel phone you could purchase for a while.
- Regarded as the most popular trading platforms globally, MetaTrader 4 allows traders to apply their expert advisors and algorithmic trading methods as ‘plug ins’ into their platform to adjust and perfect their trading plans.
- The broker doesn’t take the other side of trades, which differentiates it from Dealing Desk brokers.
- Starting first with the Pixel 3a, the A-series has been the entry point for Pixel phones, bringing some of the things people love about the more expensive models at a more affordable, accessible price.
Customer support is very important for new traders, and LimeFx offers it in the form of 24-hour customer service that runs five days a week. These customer service agents will help you figure out any issue you have. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. In April, a poll found that a third of wealthy parents could quit private schools if Labour adds VAT to fees, piling pressure on the state sector. Become a successful Introducing Broker (IB) by joining LimeFx Program.
MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies. MQL4 allows you to create your own EA (Expert Advisor) and automate your trading based on your own programmed strategy. Using MQL4 you can build-up your own library of custom indicators, scripts and function database. The broker has been around since 2010, and, though that is still pretty new compared to others, it has over a decade of industry experience. LimeFx’s business model is based on STP (Straight Through Processing), where orders are sent to financial institutions directly. This eliminates the potential for conflicts of interest or price mark-ups, making this broker pretty reliable when it comes to trade execution.
At the top is the inter-bank market, which is made up of the largest commercial banks and securities dealers. Within the inter-bank market, Spreads, which are the difference between the bid and ask prices for the various currency pairs are razor sharp and vary widely from spreads available to investors outside the top-tier. Each and every trade clients place is matched in an electronic configured network (ECN), through a straight through processing (STP) method.
The broker doesn’t take the other side of trades, which differentiates it from Dealing Desk brokers. Client orders, stops, limits, and trades are executed with counter-parties, meaning LimeFx https://limefx.group/ is firmly on the client’s side. Labour has argued private schools would not have to pass the cost on to parents and questioned the “worst case” scenarios included in the ASI report.
These cost-saving features, combined with the 24/5 customer service, make “user experience” high on the LimeFx priority list. At LimeFx we often use a motto that we have adopted over the years; “from small acorns great oaks will grow”. Every ECN trader starts somewhere that is why every LimeFx client is treated as an individual, a VIP, who will enjoy a personal, unrivalled level of service. Clients can open a ECN XL account with only $100 and enjoy the same level of dedicated full support and service as if they are a VIP client. You will be able to take advantage of the ECN/STP model of forex trading we helped to pioneer.
Skrill Ltd. is authorised by the UK Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. Neteller is authorised by the UK Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money. Dealing desk and market making brokers often provide fixed spreads, an indication that the spreads quoted are not from a true, efficient and organic limefx forex brokers reviews marketplace. For example, the spreads quoted could be adjusted to match the broker’s own exposure to markets, determined by the volume of trade the broker is experiencing at any given time. As with any financial transactions, the security of the information being transmitted is of fundamental importance. The LimeFx MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections.
Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero. LimeFx Introducers earn according to the trading activity of their clients, based on the volumes they generate. For each lot traded on their client’s account, LimeFx issue a compensation immediately available for withdrawal in the Introducer’s rebate account. Once your IB application is accepted, you will gain access to the tools and various features of our specialized “Partner Hub” section, enabling you to keep track of your clients’ trading history and generated commission. You will immediately benefit from our advanced technology and expertise, enabling us to maintain successful relationships with our Partners.
Whether your new or an experienced trader, a risk free demo account is a great way to experience the benefits of ECN trading with LimeFx. Practice your forex trading skills or test new strategies with zero investment. Unlike a traditional stock market, the foreign exchange market is divided into levels of access.
There are over seventy Forex pairs across minors, majors, and exotics, and the currency pairs offered start at 0 pips with a maximum leverage depending on regulation. Indices include the US Wall Street 30, US 500, US Tech 100, and other indices from Germany, Spain, France, Switzerland, Hong Kong, Japan, and Australia. Regulated by CySEC, LimeFx provides clients with access to a liquid Forex model (ECN). All of its clients receive the same access, and all trades are executed immediately, with no delays or re-quotes.