Being a retail trader, you may benefit through limefx unparalleled reliability, Prime of Prime credit solutions and full direct access to a bank, non-bank and ECN multi-asset class liquidity on tight, competitive spreads. Advanced Market delivers guarantee on all client positions that are instantly passed straight through the liquidity providers limefx while the broker does not take any Market risk. It offers a broad variety of brokerage services geared towards sophisticated active traders, investors, professionals, and institutions. Smaller account holders will encounter a number of unusual obstacles that include higher account minimums, a variety of fees, and fewer customer support options.

• This commission is set at $20.00 per USD Million, although this standard may be negotiable based on the volumes traded and the specific solution provided to a client.
• limefx requires a minimum deposit of $ for first account openings, which is quite high by industry standards.
• A commission is similar to the spread in that it is charged to the trader on every trade placed.

Reviews posted from a disposable e-mail address (e.g. ) will not be published. Please submit your normal e-mail address that can be used to contact you. A margin closeout rule on a “per account” basis (at 50% of minimum required margin). FIX API has been a trending phrase amongst Forex professionals for the past decade.

Supported Instruments

limefx is a company focused on bringing true Direct Market Access liquidity, credit and technology solutions to the foreign exchange, energy, precious metals and CFD markets. Our firm has put together an international team of FX experts who are located all over the world. limefx offers Direct Market Access with forex and precious metals trading. Established in https://limefx.club/ 2006, the broker provides liquidity and credit solutions to brokers and banks worldwide. James Chen, CMT is an expert trader, investment adviser, and global market strategist. He has authored books on technical analysis and foreign exchange trading published by John Wiley and Sons and served as a guest expert on CNBC, BloombergTV, Forbes, and Reuters among other financial media.

• These costs vary from broker to broker, but they are usually a relatively low amount and are often the only cost of trading that a trader is likely to incur.
• The choice of which platform is personal but for those with more advanced needs, Advanced Trader 2 is more suitable.
• As such, the most important aspects to keep in mind when deciding on an account that works for you are the transaction cost, spreads and commissions, trading routing, trading software and platforms, and the range of markets available.
• limefx offers tight spreads on its single live trading account, though no exact indication is given of the amount as these may vary according to the volumes traded.

The company also offers a free demo account through which new traders can become better acquainted with the company’s offering before opening a live trading account. Transactions in this market are always between a pair of two different currencies, so forex traders either buy or sell the particular pair they want to trade. Forex brokers may also be referred to as retail forex brokers, or currency trading brokers. Both trading platforms used by limefx have been thoroughly tested and provide the best bid/offer with market depth from multiple banks. With the input of specialist trading technology firms, advanced trading clients are given the best possible environment to use their own trading strategies.

Traders Reviews

We are committed to the fair handling of reviews and posts regardless of such relations. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Which will enforce transparency, enhance investor protection and expand reporting to regulators, effectively changing the way that Europe’s secondary markets function. The significance of these changes should not be underestimated as the regulatory expectations of higher quality data sets will most likely lead to more regulatory issues and fines.

• Investopedia is dedicated to providing traders and investors with unbiased, comprehensive reviews and ratings of online brokers.
• We are committed to the fair handling of reviews and posts regardless of such relations.
• For Australia based clients, a Product Disclosure Statement and a Financial Services Guide for our products are available to download from our Legal Documents page.
• Forex brokers may also be referred to as retail forex brokers, or currency trading brokers.
• I say “usually” as even FX brokers with recognized licenses can have a hard time finding suitable options in today’s era of strict bank policies.

On its website, Cooper Markets lists limefx as one of three Liquidity Providers, alongside Global Prime and LMAX. Wiring money is typically the fastest way of funding the limefx trading account, thus the broker defined this option as the major one. To ensure the integrity of the information sent via the Internet, electronic funding utilizes a multilevel limefx forex broker server system with the latest encryption software that performs secure transactions. The account offering defined only by the type of the clients and features either individual or corporate account type. Due to the company registration and license the Advanced Market can only accept a Wholesale client as defined by Section 761G and 761G of the Australian Corporations Act.

Account Types

Overall, limefx is a Forex broker which specializes in providing wholesale services to global institutional clients. limefx offers one type of trading account for all of its clients. limefx is a Forex broker which specializes in providing wholesale services to global institutional clients. limefx facilitates Direct Market Access to one of the deepest available liquidity pools for Spot FX, Precious Metals and Energies. The company’s liquidity providers and partner banks encompass many of the world’s largest, and most highly-rated, financial institutions. limefx has created the optimal trading venue where price and execution certainty is of paramount importance and where transparency and reliability go hand in hand with complete accountability.

I don’t know how anyone can trade with a dealing desk FCM after you have read a few threads here. This is one of my favorite broker and so far so good, expecially the order execution is very very fast. CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors. A standardised risk warning, including the percentage of losses on a CFD provider’s retail investor book. The European Securities and Markets Authority has implemented a range of measures intended to protect retail clients who are trading leveraged products, such as CFD’s.

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In a world of constantly evolving regulations, licensing and compliance is of paramount importance. Many traders and brokers read and hear about regulation everywhere, but even with all of this awareness, I still often times come across corporate clients and institutional traders who are failing to conduct counterparty due diligence. Trade some of the world’s biggest equity markets with our range of CFDs on major indices.

The minimum required for limefx is 2,500$ at the very first type to set up an account and depending on what type of client you are. The limefx support team can also advise whether spread betting is allowed and what spread betting fees could apply. No, limefx is positioned more towards institutional and experienced traders.

Decent customer support should also mean queries are handled quickly and properly resolved. This platform will be best suited to both algorithmic traders and fund managers, as it is also able to incorporate market depth views into the operator’s DMA liquidity pool from ten top-level Forex banks. Costs of trading with limefx vary depending on the client’s trading strategy, although the broker’s trading cost is set on a spread basis along with the standard commission, which is set at $ 20.00 per USD Million.

Our forex brokers also advise updated market hours and trading sessions. I wanted a regulated one that I could trust for the long term and also high leverage so decided to try blueberry markets. This2022 Forex Broker Reviewhas been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on limefx FX broker performance and features.