Forex Trading Archives - Page 3 of 3 - Efiltek Private Limited

June 11, 2021

For example, in Australia, client funds are held in Citibank, Australia; which is an established international bank. For the European clients, their funds are further protected by the insurance provided by the ‘Financial Services Compensation Scheme’ (FSCS). If in the future LimeFx goes bankrupt, the FSCS can pay compensations to eligible clients. LimeFx has implemented a Secured Socket Layer (SSL) on all its websites and platforms. The SSL encryption protects data transmission between the clients’ workstations and LimeFx’s servers so that hackers are kept out of the loop. This is very important because identity thieves and internet fraudsters might attempt to steal important user info such as credit card details, verification documents and users’ accounts.

An LimeFx Trading Station account with a $5,000 minimum balance is required. LimeFx allows leverage trade of Forex and CFDs, this tool brings an advantage even on the smallest market moves. In simple words, leverage is a credit shoulder that is given by the broker to your trading account with the purpose to multiply the trading size of your positions. Besides all the benefits provided by this broker, we noticed that the range of instruments offered might be not enough for some traders, also the availability of certain assets depends on the entity.

For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best https://limefx.name/ broker according to your own needs. The number of tradable assets available is quite limited when compared to other brokers who offer thousands of assets, such as IG. I also found them not to have the lowest spreads which may be an issue if you are scalping.

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It is available as a windows desktop downloadable application and also as mobile app for iOS and Android devices. I prefer the desktop platform as it has the most functionality and supports automated trading. I think MT4 is an excellent choice of platform for anyone who wants to develop their own trading strategies for both manual and automated trading. It is very easy to use with a fully customisable user interface that makes trading online a breeze. Keep in mind, when you trade on LimeFx’s MT4 platform, the execution, trading features, and settings may vary from that of the flagship Trading Station platform.

  • For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
  • An LimeFx Trading Station account with a $5,000 minimum balance is required.
  • They also provide professional education and research sections available for free.
  • The broker was founded in 1999 with a mission to provide access to the financial markets via innovative tools and superior trading conditions.
  • However, this is defined according to the LimeFx’s entity, likewise, UK and EU clients would need GBP300 at the start.

The broker also rejects cheques and funds transferred from exchange houses. Accounts can be opened in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. Sierra Chart is a professional trading platform for the financial markets, compatible with many externally available trading services. Designed as a platform for professional traders, this multi-asset platform comes equipped with extensive functionality. Everything’s included, from the built-in 130 indicators and 14 chart types to advanced automated trading support via AgenaScript(C#).

Due to their inherent value, legions of forex, futures and equities traders frequently incorporate trading signals into their financial game plans. Just make sure you understand the risks and that results cannot be guaranteed. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts.

Web Platform

This is the fastest way to fund credit accounts as deposits are instant. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Further on, when you wish to withdraw funds, you may use the same payment methods.

I like how the broker offers free MT4 EAs and apps that can automate part or all of your strategy, saving you crucial time in technical analysis. Forex Capital Markets (LimeFx) is an award-winning and leading provider of online foreign exchange (FX) trading, stocks, CFD trading, Cryptos, and related services worldwide. The broker was founded in limefx courses scam 1999 with a mission to provide access to the financial markets via innovative tools and superior trading conditions. I think they have certainly achieved that as is evident by the fact they have been recognised with excellence awards multiple times. The awards are in several areas which include platform, customer support and market analysis.

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LimeFx is an established and regulated online broker with a superb range of powerful and versatile trading platforms, including FIX API connectivity for institutional trading. They have an abundance of robust trading tools to assist you with analysing the markets in great detail to discover potential trade opportunities. There is a plethora of market research and insights from the experts which can help you to make informed decisions. So, whether you’re new to online trading or you’re an experienced investor, LimeFx has customisable account types and services for all levels of retail and institutional traders.

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They can be reached via many phone numbers listed on the website for different countries. I think they could improve by offering 24/7 support and I haven’t always had the quickest response via email. That being said, the live chat is online 24/5 so you may find that a better way of quickly speaking to someone. FIX API is FIX Protocol standard designed for real-time, custom institutional interface which push up to 250 price update per second (not available on other APIs).

With LimeFx, you pay only the floating spread to trade indices and commodities, while enhanced index CFDs allow you to trade without stop and limit restrictions or re-quotes. See below the average spread costs on CFDs, and other fees like funding fees, yet for the most accurate data check the official website or LimeFx platform. On the negative side, which we think are not so many, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis. Also, the broker might not be suitable for futures and options traders due to the lack of these assets. The number of visitors arriving from 15 markets, including the United States, South Korea and Singapore, reached record levels for the month of September, the JNTO said. Get this delivered to your inbox, and more info about our products and services.

What Can You Trade On LimeFx?

Seeing that the broker has suitable and favorable offers for both trader categories, all clients can benefit by signing with LimeFx. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. These accounts are kept with top rated banks in Europe, Australia and other LimeFx country of operations.

It includes live streaming prices and historical prices for live trades. It is scalable, light and robust and is compatible on any Java-compliant operating system. When choosing a broker, regulation is one of the first things that I look for. I would always prefer to use a regulated broker as it gives me the peace of mind that they will operate in an honest and transparent manner. I am pleased to see that LimeFx is regulated in multiple jurisdictions which means that I wouldn’t have any problems using them for my day trading activities. LimeFx has offices, partners, and affiliates in the major financial centres of the world, uniquely positioning LimeFx to provide exceptional service to traders around the world.


January 20, 2021

Perhaps, it’s one of the most significant characteristics for traders. LimeFx responsibly maintains a solid regulatory framework and comply fully with financial laws as an authorised and regulated broker. New traders should start with the eight Forex Basics articles. Quotes remain sourced from multiple liquidity providers and matched for the best possible execution. Traders of gold, silver, and palladium can trade against their preferred currency.

The trading platforms are designed for clients on PC, iPhone & iPad (iOS devices), and Android. With MT4, clients have access to a full suite of Forex trading services, with the ability to enter/exit trades instantly. Further, you can use third-party software or program your own bots to trade for you.

These are unequivocally distinct from any and all LimeFx corporate accounts, a measure that fortifies the integrity of our clients’ assets and builds an enduring foundation of trust and reliability. Our advanced Price Aggregator continually scrutinizes the Bid/Ask prices entering our ECN system, displaying the optimum price combinations sourced from our liquidity providers. This dynamic pricing mechanism creates a professional trading sphere for all levels of traders, opening avenues for enhanced profitable trading.

  • Clients can trade using a Virtual Private Server, which LimeFx says can give them three main advantages, including accessibility, security, and speed.
  • We believe in fostering long-term cooperation grounded in mutual trust.
  • Trading indices are used in all kinds of investment vehicles, such as mutual funds or retirement plans.
  • Unswervingly, we refrain from operating a dealing desk or engaging in forex market-making.

Overall, these three elements show that this broker is concerned about its clients’ experiences, even if they are new to the trade. They have been regulated and licensed for over a decade by Cyprus Securities and Exchange, which LimeFx claims aids in consumer protection. There will be no commissions or administrative expenses for traders using Islamic accounts and no swap fees. Islamic accounts are available upon request, and LimeFx has the right to refuse to give an Islamic account if it deems it necessary. Plus, LimeFx has won the UK FOREX awards for the best forex trading account in 2017, while Interactive Brokers doesn’t have any awards at all. Both LimeFx and Interactive Brokers are incredible forex exchanging brokerages.

Key Advantages of Navigating FX via LimeFx’s ECN – STP Model

The most important this about this platform is that the LimeFx regulated environment of operation makes sure that the users have all the promised safety when it comes to account equity. And, the brokers that come with zero opening deposits are meant to attract new users. However, the transaction commissions and other fees might be higher as they come with such low costs.

When you are trading online you not only need your platform to be secure, but you also want your site to be secure. While LimeFx ensures that their platform is secure by all means you need to take care of your side. However, LimeFx brings amazing value here as well by providing you VPS by BeeksFX. In this way, you will be trading via this VPS ensuring higher security at your end as well. A selection of free downloadable e-books and PDFs is also provided. Beginners can benefit from the step-by-step guides on forex trading basics.

Although Interactive Brokers has existed for a much longer period, it is not the best option if you’re looking for a brokerage with low minimum deposits. The FOREX and CFD broker supports another mobile exchanging platform called the MT4. This exchange platform provides its users with fascinating features you can even use on the desktop version. These pips sometimes go up in spikes if the platform reports trading session breaks and market news. And, if some market news event comes up, the spread will considerably widen. Not only that, but it also provides a live chat service and even an online form.

A Multi Terminal option is available for investors who wish to manage multiple accounts on the same platform. Clients can hedge, scalp and simultaneously trade on an unlimited number of accounts. 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. LimeFx blog providing me with wonderful analytics on various markets and instruments. It always keep my mind full with fresh trading ideas that is implementing later in some ways or another ways.

Compare Trading Instruments

Everything looks fine and I like broker’s conditions, so i decide to make a deposit. The only issue i had was due to using Metatrader 4 trading platform, its mobile version to be exact. The executed order showed https://limefx.biz/ up in history book after several seconds and that puzzled me a little, but i think that was because my phone is 7 years old, so gotta test it. This company has the extraordinary background in financial services.

While every broker has its unique set of pros and cons, the advantages of trading with LimeFx significantly outweigh the cons, making it a vibrant trading hub in the financial marketplace. Utilizing the MetaTrader 4 platform, LimeFx provides flexible trading systems, extensive technical analyses, algorithmic and mobile trading for various devices. Traders have access to a range of Forex tools providing invaluable insights into Forex trading trends, including Forex calculators, live quotes, market hours, and more. The LimeFx ECN XL Account comes fully packed with all the features that can be expected from an ECN/STP Broker. This includes multiple available markets, access to scalping, commission-free trading, and no required minimum deposit.

Types of LimeFx Accounts

Tight spreads and favorable trading conditions are not mere marketing cliches when it comes to LimeFx. Overall, LimeFx is a multi-asset brokerage firm that gives you access to trade over 200 financial instruments via the popular MT4 trading platform. You can benefit from a range of competitive trading conditions, limefx website such as low spreads from 0.0 pips, zero commission fees and reliable execution speeds. There is only one trading account type but several payment methods for you to choose from. Beginners can take advantage of some basic educational content and see what the broker has to offer with a demo account.

It provides brokerage services internationally and is regulated by the Cyprus Securities and Exchange Commission. LimeFx reviews indicate that the edge of this broker is keeping the trading fees as low as possible to match the most demanding clients’ expectations. At the same time, it maintains the status of the brokerage with excellent executions based on straight-through processing. This is a no dealing desk broker that executes orders using the STP/ECN model, which guarantees that the clients get the best executions with minimized risk of slippages and no requotes.

Trading Instruments

We do not present any investment advice or guarantees for the accuracy and reliability of the information. Also, always consider LimeFx rollover or overnight fee as a cost, which is charged on the positions held longer than a day defined by each instrument separately. However, trading with ECN XL Account broker promises no swap charges, making you an easy calculation and great benefit too. Leverage levels depend on the instrument you trade and are defined by the regulatory restrictions together with your personal level of proficiency.

Then I actually started trading on their platform, and the conditions are just super rich and favorable. The trading conditions of this broker are the best I have ever used in my trading experience, no cap!! The spreads are so tight, and the broker does not charge any commissions on trades. There are so many fantastic things about the broker, but the trading conditions really blew my mind. LimeFx offers demo accounts, apparently without any time limit, making them ideal for testing algorithmic trading solutions and new strategies. I want to caution beginner traders against using a demo account as an educational tool.

Whether you need more security or more options you get all of that here. Trading can be your way of making a living and if you do things the right way you can make a lot from it. Whether you want savings for life, a lavish lifestyle, or anything else trading can get you all. While there are a lot of trading platforms that provide trading opportunities, there are not a lot of options available with learning options.

MT4 features 50 economic indicators which are geared towards helping traders understand the financial markets. Other features include full analytical functionality, charts, trend analysis, and 9 timeframes. Various alerts are built into the system, to help LimeFx traders on a fully secured trading platform. The MQL4 language is enhanced with customized indicators, scripts, libraries, and more.

This program offers high-end commissions, a customized partner site, a large selection of marketing materials, comprehensive tracking, and global payment possibilities. LimeFx treats its partners as individuals, and regional partners receive support with marketing initiatives and are also given marketing funds. The first one is the base currency pair (e.g., USD/JPY), where the base currency is the US dollar and the base pair is the Japanese yen. The second one is crossed-pair which consists of an exchange rate between two currencies (e.g., EUR/USD).


About Company

Efiltek Private Limited

EPL is a leading service provider in field of rapid prototyping, small & medium batch production.
CIN: U28999TZ2021PTC035607

GSTIN: 33AAGCE3331H1Z1

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