LimeFX has unusually competitive dealing spreads that you can gauge by opening a free demo account. LimeFX ECN XL account holders pay no commissions to trade any supported asset. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved. Yes, our LimeFX review found that the broker is regulated by the FCA, BaFin, and CySEC.
Introducing Brokers Partnership
- I will keep using their services as long as they stay this reliable.
- LimeFX provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads.
- Therefore, professional traders usually avoid trading with any dealing desk brokers and prefer to trade with ECN/STP brokers that offer Direct Market Access (DMA) conditions for the best trading environment.
- Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit.
- LimeFX has unusually competitive dealing spreads that you can gauge by opening a free demo account.
- If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit.
Luke Jacobi is a distinguished professional known for his role as President at Benzinga, a renowned financial media outlet. With a background in business operations and management, Luke brings valuable expertise to his position, overseeing various aspects of Benzinga’s operations. His contributions play a crucial role in the company’s success, ensuring efficiency and effectiveness across different departments. Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making. With a keen understanding of the financial industry and a commitment to driving innovation, Luke continues to make significant contributions to Benzinga’s mission of providing high-quality financial news and analysis. As for my experience of cooperation with this company, then everything is ok. calm trading and nothing else.
How Does CySEC Regulation Affect LimeFX’s Overall Reliability Of Services?
Depending on the scope of your trading and the assets you plan on trading, LimeFX might not meet your needs. This is especially true if you plan on trading physical cryptocurrencies or any of the commodities traded through CFDs. 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. Please note that the information on our website is for informational purposes only.
Powerful Tools & Reputable Brand to Increase Your Traffic Conversion
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. I can picture my collaboration with the broker is mostly positive for me.
Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar. You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts. Founded in 2010 by a group of forex market professionals, Forex Central Clearing Corp. (LimeFX) decided to build on their vast market experience to become the most customer centric forex broker in the business.
We do not limefx company reviews provide financial advice or investment recommendations. Yes, our LimeFX review experts feel that this online broker is secure. They are licensed by many respected regulatory bodies, employ ample data transfer and security measures, and possess a transparent track record of their financial transactions.
Generate your tracking links and direct your clients to specific pages of interest. Monitor you traffic activity, commissions, payouts and more via the user friendly Partners Hub. Carefully designed online brochure, providing LimeFX company benefits, trading conditions and a partner portal introduction. Minimum deposits vary depending on account type at the LimeFX forex broker. Our LimeFX review discovered that ECN Standard accounts’ minimum deposit was $100, which ECN XL and ECN Advanced were $10,000 and $100,000 respectively. The Sub IB program is allowing you to introduce additional partners under your referral, limefx broker reviews giving you both an opportunity to benefit from the trading volume of introduced clients.
The broker has its main base of operations in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). LimeFX a part of the European Markets in Financial Instruments Derivatives (MiFID), which gives it the freedom to operate in the entire European Union under the European Economic Area (EEA) agreement. CySEC works under an extensive set of regulatory guidelines proposed by the ECB and the MiFID, as per the input and supervision of individual regulatory agencies across Europe. Leading regulatory organizations in the EU such as the FCA, the BaFin, and the CySEC are known to create new policies and guidelines for protecting investors and for safeguarding the integrity of the European financial markets. All Forex trading companies domiciled in the EU are subject to the regulatory supervision and scrutiny from all allied regulatory organizations, which ensures a uniform code of conduct across the EU.
Our experts however cannot recommend this broker over others from our trusted list. Review of their terms and conditions, however, shows that there are regional and other eligibility restrictions. For instance, anyone registering from a CySEC regulated region is not able to accept a bonus. All payouts are made on time with no restrictions or delays in withdrawals. Ready-made risk warnings, regulatory license text and other content, to be placed on your online sites. Fully branded landing pages available to attract potential clients depending on their trading interest.