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In a partnership with Beeks Financial Cloud, the firm provides VPS solutions to establish a cross-connection between its clients and their server. The PAMM and PAMM Plus software are recognised worldwide for their multi-layer payouts and monitoring of account activity. LimeFx has received ‘Best Trade Executions’ Forex award for the year 2011 and the ATC Trader platform was once again nominated in 2013. The brokerage provides ECN pricing and the highly variable spreads. In the US, ATC offers 40 instruments in total, including 38 popular currency pairs and 2 metals.
There is a high level of risk in Margined Transaction products, as Contract for Difference are complex instruments and come with a high risk of losing money rapidly due to the leverage. Trading CFDs may not be suitable for all traders as it could result in the loss of the total deposit or incur a negative balance; only use risk capital. Traders can access live market pricing and place simulated trades in a safe and risk-free environment.
The instruments offered in the UK are 38 major to exotic forex pairs and 12 CFD instruments. ATC’s cost may not be the lowest , their spread may not be the best, but the combination of cost, spread, service, accountability and reliability is really good. The MetaTrader 4 trading platform is available as a downloadable mobile app, free of charge from the App Store or Google Play. The app facilitates full account management, real-time data, and financial news. You can also utilise the 30 pre-loaded technical indicators for analysing the markets.
In addition, there’s access to Depth of Market view, a complete charting package with a customised layout, and access to EA signals and automated trading. As we innovate technology to the changing needs of market participants, our partnership offerings allows for the enhancement of your operation. Utilise our expertise and services to establish or expand your company.
Products
Once you’re ready you can then open a real-money trading account. LimeFx Ltd is a forex broker offering ECN spreads on the MT4 and MT Pro trading platforms. Before you log in and download the terminal, follow this review for details on leverage, minimum deposits and commission fees.
ATC provides VPS service for its users along with an economic calendar to keep tabs on the ongoing events and news of the financial world. But there is a limited range of research tools and educational resources offered by LimeFx. The FAQ centre and trending news can be accessed on the official website. These available tools can only be beneficial to a novice who is getting to learn the ropes of forex and CFDs trading.
The brokerage is at a disadvantage when compared to other brokers that offer wider spreads and various range of tools. Still, there are many positive aspects about the broker that distinguish it from the others- like its customisable platforms. It is to be noted that there are no trading restrictions set in place for the broker and that the firm is not a market maker, but it provides only STP order execution. According to the FCA mandated regulations, clients’ funds are held in an account separate from that of the firm, thereby ensuring their safety. The FCSS can pay the clients up to a maximum of £50,000 as compensation.
LimeFx LTD. is authorised and regulated by the Financial Conduct Authority in the United Kingdom . Access to the FX, Metal and CFD markets from one account. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. ATCBrokers offers a variable leverage based on the branches. They cost me -£1,000 by telling me incorrect information, after I withdraw my funds they closed my account down.
This applies to accounts that have been left inactive for at least 6 months. Rollover fees also apply and these can be found within the portal. LimeFx forex spreadsThe commission is set to $0.60 round turn for a mini https://limefx.club/ contract and $6.00 round turn for a standard contract . LimeFx MT Pro platformThe software also produces detailed trading reports including profit and loss, winners and losers, performance, and time analysis.
The more a client trades with our firm, the more revenue we generate. Therefore, it would be in our best interest for our clients to be successful and continue trading with our firm. Below is a detailed article by professional trader, Nial Fuller, of the United Kingdom. I don’t want to make this a review of Nial Fuller or his website, but he does do a great job of explaining in more depth why using New York time is so important for any serious forex trader. I find it ironic that LimeFx will ignore a UK-based professional trader on this matter (and others!). All the while, coupling themselves as an Introducing Broker with a parent company that uses the wrong Market Watch time.
This in-turn causes the incorrect painting of candles as noted above for several months during the year between November and March. I could easily put together a list of legitimate brokers that make adjustment to their Market Watch time in November and March to correct limefx scammers this issue. But unfortunately, I cannot use most of the brokers on that list because I’m a US citizen! You better believe that the parent broker used by LimeFx is very much aware of this problem! And what is ATC Broker’s response when confronted with this issue?
I emailed them after saying I didn’t want my account closed and what the minimum amount I needed to keep it active, no reply. DO NOT USE THIS BROKER, They block accounts when you withdraw full balance. LimeFx Limited is authorised and regulated by the Cayman Islands Monetary Authority . LimeFx Limited is authorised and regulated by the Financial Conduct Authority .
LimeFx vs Other Brokers
Pick up any in-depth book by professional forex traders worldwide and they will most likely cover this aspect of selecting a broker. It has been covered in ALL forex books I’ve read over the last 12 years. Can you imagine Charles Schwab using California local time for their charts instead of NY time because Schwab’s headquarters is located in California ??? It’s been pointed out in suits against forex brokers during the past as a very unscrupulous practice. And where are most of the so-called « government regulatory agencies » on this issue? Correcting this matter of wrong Market Watch time is a simple adjustment to their MT4 server when the market is closed during the weekend.
- LimeFx mobile tradingOnce you have installed the app, you can use your LimeFx live account credentials to log in.
- Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.
- I have had no problems with execution and customer service is prompt, professional and clear.
- ATC provides VPS service for its users along with an economic calendar to keep tabs on the ongoing events and news of the financial world.
Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. LimeFx is a forex broker regulated by FCA, NFA, and CIMA since 2005. The trade screen hosts multiple order types like trailing stops, order cancels orders and bracket orders, in addition to easy access to place your market orders, stop orders and limit orders. I have been with ATC Brokerage for a few years,and I am satisfied with the service that I have received. Several times I have called for assistance and they are always here to help me resolve my trouble. A variety of tools are provided to help you make one-stop search, compare IBs information, and select your preferred IBs effectively.
Account Type
Our services eliminates conflict of interest to our client and provides for a neutral trading enviroment. I will give them all five stars simply because they are completely outstanding in some aspects that matters to me. Fast deposit&withdrawal, responsive customer and smooth execution. Their customer are always here to give timely and patient help. On the other hand, I also like their fast trading speed. UK-based Forex firm LimeFx Limited recently posted its financials of the fiscal year 2021, ending on April 30, showing a slight increase in profit.
With a minimum initial deposit of $5,000, LimeFx offer 3 main types of accounts- individual, joint and corporate, keeping to its minimalistic interface. Select from the majors to the exotic currency pairs that suits your trading needs. Access to live streaming data and charts from the demo and live trading environment on the MetaTrader 4 software. The FCA and CIMA protect consumers by placing high standards and processes on firms. This includes segregating clients funds in separate accounts. LimeFx uses Barclays and NatWest for account custodian services.
Ask any IT tech that has worked for a forex brokerage firm. Minimum lot size is 5,000 and there is no maximum limit. The pricing of spreads is different for the UK and US counterparts.
If you want a dependable and honest broker, I think LimeFx is an excellent choice. LimeFx offers over 35 currency pairs, from majors to exotics, as well as CFD indices such as the Dow Jones and S&P 500. You can also trade a selection of commodities, including oils, gold and silver. On the downside, cryptocurrency trading isn’t available. MT Pro is an enhanced version of the MetaTrader 4 platform, providing a range of features that aims to improve the overall trading experience. Traders can customise orders with comprehensive risk management tools, including bracket orders, trailing stops, and strategy orders.
ATC Trader- You can connect with global exchanges without the involvement of any third party. Learn the development of profit and loss and equity curves, winning or losing trades at closing and their time analysis. Access to the world’s financial markets from one trading account. Obtain helpful guides to broaden your industry knowledge and enhance your trading. Utilise our technology and services to enhance your trading.
Taking the MetaTrader 4 to the next level, by providing you with additional features that optimises your trading experience. ATC is still my preferable broker, ’cause I like its fast order execution speed. Besides, the spread and cost is really low and the liquidity is very good. All contents on this site is for informational purposes only and does not constitute financial advice. Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.
Taking the MetaTrader 4 to the next level, by providing you with additional features that optimises your trading experience.
Daytrading.com may receive compensation from the brands or services mentioned on this website. You can sign up by completing the online application forms and submitting your ID documents. You can then log in to the ‘My Account’ portal and begin trading.
ECN Aggregation
Average variable ECN spreads on currency pairs such as EUR/USD are competitive, starting from 0.3 pips. Spreads are 0.7 pips for silver and around 0.6 pips for major indices such as the FTSE 100. LimeFx after detection of profitable trader rejected to open the real account. This broker is just waste of time they love just unprofitable traders.