Whether you opt for an STP or ECN account, the spreads are incredibly tight. In fact, the ECN account boasts almost zero spreads in certain currency pairs, with spreads typically not exceeding four points and sometimes even just https://limefx.biz/ one or two points. The company prides itself on providing these favorable trading conditions across the board. The no deposit bonus at LimeFX sounds appealing because I can start trading without depositing any of my own money.
Yes, an LimeFX sign-up bonus of US Dollar 10 is offered for first-time sign-ups or beginner traders. Check with your chosen broker before signing up for a first-time real account. I like that most deposits made via electronic payment systems are added instantly as sometimes I need quick access to my funds. Cryptocurrencies such as Bitcoin and Ethereum have proved to be popular for speculators, due to their high volatility. Through LimeFX you can trade Bitcoin and Ethereum, against the US Dollar, Euro or Russian Ruble, in the form of CFDs. They use top liquidity providers over an ECN to aggregate the liquidity together and hedge the risks of client’s exposure.
He went through the registration process but he gave up in the middle of the process. Here are the terms and conditions of LimeFX’s No Deposit Bonus promotion. The first step to participate in the promotion is “e-wallet account opening”. Point – You may also need to verify your personal information with documents(a copy of ID and Proof of Address).
Brokers By Deposit
To be able to withdraw the profits, you must trade at least 2 standard lots. The promotion gives you the free welcome bonus to start trading Forex and CFDs without risking your own funds. Japanese candlesticks’ closing and opening timings may vary across different time frames, but the price movement remains consistent with other companies in terms of market dynamics. Regarding the spread, I have observed that it is significantly narrow across various currency pairs, which is advantageous for this company. Your trade is executed instantly through our wide range of liquidity providers streaming real-time prices.
- There is no dealing desk as your order is matched against an opposite order from another ECN participant and therefore there is no conflict of interest with LimeFX.
- The company has made positive changes to its policies, and one notable improvement is the reduction in lot sizes.
- They can use the program during the first 90 days as soon as they register their account.
- One standout aspect of this company is their remarkably low spreads.
LimeFX is an established online trading broker founded by a group of traders in 2005. Since then they have grown to become one of the leading brokers across the globe with over 1 million accounts opened in more than 100 countries. They have ECN liquidity which ensures you get tight spreads and fast trade execution speeds.
How to withdraw the bonus?
I appreciate that it is fully customisable and easy enough to use for beginners whilst having enough complex tools for the more advanced traders. I really appreciate this gesture since most brokers don’t provide this service. LimeFX clients receive real-time quotes from the industry’s largest liquidity providers. These are top quality liquidity providers which help ensure you get excellent pricing from LimeFX at all time. Another difference is that unlike the $10 bonus, the $1 bonus is withdrawable itself and you can withdraw that after trading 100 micro lots, which is equal to 0.1 standard lots.
A minimum deposit amount must be made determined by the broker by the referral and a certain number of trades needs to be executed on the new account. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. LimeFX have a good selection of deposit and withdrawal methods including online payment processors for fast and convenient transactions. Options include bank transfer, credit card, Skrill, Neteller and Bitcoin.
- After filling out the form, you see the grade 1 verification under the above form where you need to have your phone number verified using SMS.
- Our trading platforms feature extensive advanced trading tools alongside a whole host of fully customisable features, designed to meet the needs of even the most demanding of traders.
- With an STP account, you will be able to enjoy all the advantages of STP technology, such as no commissions, floating spreads, ECN liquidity and minimum contract of 0.01 lots.
- I don’t find this that suspect since there are a ton of offshore brokers that are operating today and they are regulated in other jurisdictions that I would consider top-tier.
LimeFX is glad to announce that all new clients of the company have an opportunity to start trading on real accounts with no deposit bonus $10. The bonus is available to everyone who has passed the verification. The Cashback Program is only available to traders who register a real account, or who have an existing real account, the offer does not apply to holders of demo accounts.
LimeFX No Deposit Bonus Terms and Conditions
ZuluTrade is an automatic trading platform where you can get signals from other forex traders that you can copy to your trading account. I find this really helpful if you’re too busy to analyze the market yourself or you’re just a beginner. You can search and filter limefx website for signal providers based on your requirements. When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account. LimeFX have a few useful trading tools that can help to improve trading efficiency.
LimeFX offers copy trading, enabling users to follow and copy the positions and strategies of other traders. Myfxbook and ZuluTrade are supported, two of the highest-rated and easiest to use third-party copy trading platforms on the market. Demo accounts are available if you wish to practice your trading on different platforms before opening a real account. I personally would start on a demo first before funding a real account with a new broker. This is because I like to get a feel for the trading conditions to see if they are suitable before making a financial commitment.
You can use the commission calculator to get instant commission calculations per half-turn or per round-turn for any FX currency pair or metal. You can specify the lot size you want to work out the commission for and click individual currency pairs for the detailed formulas behind the calculations. If you want lots of trading tools, BlackBull Markets have an excellent selection.
Most of them are available for free, while some require a small participation fee. LimeFX sign-up bonus of $10 is offered for first-time sign-ups or beginner traders. Traders who register a real account with LimeFX are eligible for a no-deposit bonus of US Dollar 10 when registering an STP account.
The Experience of Receiving LimeFX No Deposit Bonus
You can then use the bonus to trade forex and CFDs on LimeFX’s MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Overall, AvaTrade is considered a low-risk trading platform and can be summarised as a trustworthy forex broker. A demo account provides the trader with a practice account that can be used to practice trading in a risk-free environment. The profit can only be withdrawn when the total trading volume of executed transactions has reached 2 lots.
They follow strict compliance whilst implementing the latest trading innovations and take a trader-oriented approach. LimeFX customer support is available 24/5 via online chat, telephone and email. I would’ve preferred a 24/7 chat availability but 24/5 is what you will find from most brokers. However, you can get 24/7 support with some other brokers including Bold Prime.
GO Markets provide Autochartist and Trading Central which are fantastic for trading signals. The web trader has a very user-friendly interface and quick learning curve. You can easily open and close trades, set stop and entry levels, place and edit limefx reviews 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). The strategy tester allows you to back test EAs over historical data.
With LimeFX, you can choose either “1 USD for Micro Account” or “10 USD for STP account”. The LimeFX brand operates under several organizations licensed by official regulatory bodies to ensure compliance and client protection. Standard Commission is multiplied by a certain coefficient, which depends on the total Used Margin on all client accounts. As long as the “SMS verification” is completed, you will have $10 in the first STP account opened immediately. Useful article for getting additional benefits from interaction with a broker.
What is the LimeFX minimum deposit
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. 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). If you are a MetaTrader user then you may want to consider Pepperstone instead. LimeFX aggregate liquidity from multiple participants which can give you institutional liquidity and instantaneous order execution.