The bonus will be immediately available for trading but not for withdrawal. It is the bonus type which you can receive for free without making a deposit at all. The bonus can be credited into LimeFX’s STP (Straight Through Processing) account where all orders are sent directly to the market providers. Their tech support game is weak af, and they rarely know how to fix stuff because they lack the power to solve all the damn problems. Their Arabic tech support is practically non-existent, only working for a measly hour and only on Fridays. Meanwhile, if you are not from Europe, UK and Australia, you will be directed to an ECN account labeled INT.
This reduces to $1.50 per lot for those with an account balance of $250,000 or more. Similarly when we traded commodity CFDs, we incurred a commission charge of 0.005 for lower account balances and 0.0025% for a balance over $250,000. Crude oil and natural gas were charged at either 0.005%, 0.0025%, or 0.0018% per side, depending on the account balance. LimeFX started as an educational center offering courses within financial markets. In 2005, a group of traders turned the company into a global brokerage with offices in the UK, Russia, New Zealand, and Australia. NO more Demo, Trade Live with LimeFX – Receive Forex 10$ no deposit bonus to start your Live trading career where no initial deposit is needed.
You can trade with minimal hassle on user-friendly platforms and apps, with a decent amount of markets for you to choose from. LimeFX is a suitable ECN and STP broker for both beginners and experienced investors. The regulated service provides a competitive trading environment with multiple platforms for active traders. The low spreads and commissions, as well as a strong track record make it an attractive option, though only high volume traders are rewarded with discounted fees. LimeFX also offers more platforms, apps and trading tools than the majority of its competitors. To evaluate brokers, we test the accounts, trading tools and services provided.
How to withdraw the bonus?
The company has made positive changes to its policies, and one notable improvement is the reduction in lot sizes. This adjustment accommodates traders of all levels and preferences. Don’t feel inferior, you still have time to enter the contest as the contest itself can be opened multiple times and you can even enter after doing demo trading for many years.
- The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
- The ECN or STP demo server will remain accessible as long as you log in each month.
- The cash back rate is 2.4 pips for STP accounts or 15% of ECN commission.
The minimum cashback is US Dollar 5 with the maximum being US Dollar 1,000 and the maximum cashback per trade is US Dollar 100. Also, to become eligible, traders will have to make the profit that is specified in the contest conditions. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. 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.
Full Terms and Conditions
Besides the $10 no deposit bonus, LimeFX has another bonus for those who register with this broker for the first time. The verification process takes 2 working days at the most
and you’ll receive an email telling you whether your documents have been
verified or not. If not, you’ll be told what went wrong so that you can submit
the documents again.
- You can easily open and close trades, set stop and entry levels, place and edit stop and limit orders, stop loss and take profit and more.
- By using LimeFX’s STP MT4 account, you can simply ensure that you are trading in the fair and honest environment where you can actually make real profit.
- LimeFX helps its clients to start their initial trading by providing a $10 STP welcome bonus.
The bonus cannot be withdrawn from the account or transferred to another trading account. Only the profit from trading can be withdrawn at any time after making 1 lot of trading turnover. LimeFX also offers a Cashback Program for loyal customers which allows traders to receive an additional refund for several trades. Many brokers also offer additional bonuses, and promotions or have a rewards program offered to their loyal customers.
What Leverage Is Available At LimeFX?
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. You can trade on major global indices, FX, commodities, ETFs, shares and cryptocurrency. Nonetheless, when we used the services of LimeFX, we were assured of top-tier limefx broker reviews regulatory oversight and consumer protection. This includes negative balance protection for retail customers and access to third-party compensation schemes in the case of business insolvency. It is good to see the broker also receives a decent trust rating in other customer reviews.
These can be used to assist with money management and market analysis. I appreciate that these tools are offering precise calculations of things such as pip value, margin, swaps, and commissions. This https://limefx.biz/ can help you to save time and plan your trading, estimate potential profits/risk and optimise your lot sizes. It would be great if they could implement some more market analysis tools in the future.
The website displays a list of all the PAMM accounts available to follow which can be filtered according to your own preferences such as gain, drawdown and trading days. It is very important to emphasise that the PAMM results are historical and there is absolutely no guarantee of future performance. For those of you who need managed accounts, Eightcap and ACY Securities are also worth consideration. In STP (Straight Through Processing) accounts the broker’s trading commission is included into the spread. The STP spreads are variable and depend on the buy and sell orders available in LimeFX’s ECN.
Trading hours schedule for Summer Bank Holiday in UK
Additionally, users can conveniently withdraw funds via credit card or bank transfer, further expanding the withdrawal and deposit options offered by the company. In order to reach a trading volume of 1 lot using micro lots, you’ll need to complete around 100 trades. This can be challenging, since every trade carries the risk of losses as well as potential profits.
Looking for Bonus?
We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. From the broker’s website, you can choose to either open a live account or a demo account from the top right-hand corner. You will need to select which account type you wish to trade and verify your identity and proof of address. For major forex pairs including EUR/USD and GBP/USD, spreads averaged around 0.2 pips, whilst for EUR/GBP, spreads were offered at 0.5 pips. The spread for the FTSE 100 index started from 0.8 points while for gold and silver, spreads start from 0.27 and 1.2 pips respectively.
Free 10 USD Welcome Bonus on your STP MT4 account.
For example, your trades must be open for several minutes
when trading with a micro account while it can be a few seconds when trading
with an STP account. The next step is to open an STP account because LimeFX $10
no deposit bonus is for STP type of accounts. That’s an interesting one because most of the brokers don’t allow you to trade using one or all of the mentioned strategies when you trade with their no deposit bonus. Profits made in the bonus account can be withdrawn, given that you have completed 2 standard lots (closed orders) in the account. Participate in the promotion, and you can experience the trading conditions of LimeFX’s STP MT4 account. At ForexRacer.com we share a collection of the best forex indicators for Metatrader 4 and Metatrader 5 (MQL4 & MQL5).
