With a LimeFX demo account traders can compare this CFDs broker with its peers, regarding its product offering and trading conditions. A LimeFX demo account can also be used by novice traders to practise their trading skills in a safe environment, without risking real money. Opening a LimeFX demo account takes less than 5 minutes, and is available for the MT4 and MT5 terminals and TickTtrader platform.
LimeFX rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap. LimeFX rebate is paid every month in your trading account and trader can use his rebate for trading.
Does LimeFX offer a bonus?
LimeFX’s founders realized that there was an overwhelming demand for a fair and transparent brokerage with a superior customer service in the market. Focusing on meeting people’s interests, LimeFX was also the first one to realize that what traders really needed were Micro accounts and that the Islamic audience required a special type of Shari’a compliant accounts. It became a maxim for LimeFX to offer what its clients wanted, not the other way around. LimeFX offers Micro forex accounts denominated in US cents, featuring a minimal initial deposit of $1, small transaction sizes, and low margin requirements. Despite their low financial barrier to entry, Micro forex accounts offer trading conditions comparable to those of STP accounts.
Clients can also connect with LimeFX on social media platforms such as Facebook, Twitter, and Instagram to ask questions and receive updates on the latest news and events. Once LimeFX processes the withdrawal request, the funds will limefx reviews be transferred to your selected account or payment method. Traders can enhance their trading skills and knowledge by using market analysis, market news and Forex calendar as well as educational materials for higher success rate.
The right column shows an example of calculating the cashback for the Standard Commission of 15 USD. Base Commission (percentage of LimeFX trading commission or Standard Commission) is 2.4 pips (in 5-digit quote format) per completed trade for STP and Micro accounts and 15% of commission for ECN and Crypto accounts. The customer support team provides innovative solutions via phone call, live chat and email 24 hours a day and 5 days per week for any trading problem their clients face.
Once you receive confirmation of the transfer from LimeFX, you can create an additional trading account. If you have an existing LimeFX account, you can get a cashback rebate by following these easy steps. If you do not have an existing account with LimeFX, you can easily obtain a cashback rebate in three easy steps. Unlike other Forex brokers, LimeFX was created by a group of traders and has come a long way from its roots as an educational center to become a major Forex brokerage company that continues to expand rapidly.
A portion of the commission paid to the broker is returned to the trader as a cashback rebate. In addition, traders can use the demo account to understand the trading platform, learn about risk management, and develop profitable trading strategies. As a result, traders receive a tight market spread and low trading commissions. At the same time, the broker benefits from increased traded volume and limefx review profits. Like ECN, STP trading accounts offer diverse tradable financial instruments with no restrictions on automated trading, expert advisors, and strategies, including scalping and hedging. As such, traders with moderate to advanced experience in the industry may derive the greatest benefit from the range of trading accounts, features, and conditions that LimeFX provides to its clients.
LimeFX Affiliate Program Features
Crypto accounts based on LimeFX PAMM technology allow you to trade Bitcoin and Litecoin against the US dollar, the euro, and the Russian ruble in the form of Contracts for Difference (CFDs). Followers reap the benefits of the volatile and liquid cryptocurrency market without the need to monitor market trends or make tactical decisions constantly. When you open a PAMM Crypto account as a Master, you gain access to the most lucrative investment asset of recent years, which can help you attract more potential Followers.
PAYBACKFX does not accept applications from residents of the Iran, Iraq, Israel, Lebanon, Syrian Arab Republic. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. The information on this website is not intended to be addressed to the public of Belgium and Japan, or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. You can confidently
trade with us knowing we have your best interests at
heart. No, LimeFX fees and spreads will not increase when using the Cashback Rebate feature.
- Then select payment system to wire transfer, or e-currency such as Neteller, Skrill, Perpect Money or Paypal.
- Note that the cashback rate is 2.4 pips for STP accounts and 15% of commission for ECN accounts.
- The information on this website is not intended to be addressed to the public of Belgium and Japan, or any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
The flexibility of the MT4 platform to be tailored to individual trading preferences has made it exceptionally popular. Additionally, it incorporates algorithms that can automatically execute and terminate trades based on pre-set parameters. Deposit your account using any method is available in your broker, then trading normally, and rebate will be paid automatically according to payment schedule or you can withdraw it manually. The amount of compensation can be up to 150% of the base affiliate commission from each completed transaction.
Supported Language
The cashback can be then withdrawn with the available options in the withdrawal page. The right column of the table illustrates the cashback calculation of the Standard Commission of $15. Please make sure your comments are relevant and that https://limefx.club/ they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.
While its educational resources may be limited, its low fees and solid track record make it an attractive option for experienced traders. We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service. LimeFX ECN account is the broker’s most competitively priced account, suitable for all traders, but particularly useful for scalpers, high-volume traders and those who trade with Expert Advisors (EAs).
This company offers top notch and reliable trading services on various financial assets across various markets. Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by LimeFX. They represent different types of trading accounts to cover all trading preferences; ECN, Crypto, STP, Micro and Demo. TickTrader features a sophisticated charting package, a real-time news feed, and powerful analytical tools, providing traders with a comprehensive and intuitive trading experience. Furthermore, the Master can now participate in the ECN market thanks to these trading accounts.
For Existing Accounts
Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration). In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.
True ECN Broker
LimeFX has 4 group companies, non-regulated LimeFX Markets Limited in St. Kitts & Nevis and 3 highly regulated. LimeFX AU Pty Ltd is authorised and regulated by the Australian Securities and Investments Commission (ASIC) in Australia. LimeFX EU Ltd is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC) in Europe. LimeFX Ltd is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
On the downside, LimeFX deposit/withdrawal fees (5% + 0.15 USD / 5% + 0.15 EUR / 5.5% + 40 RUB for card deposits, for example) are criticised by the trading community along with the exchange rates. Also negatively, a few traders signalled the inefficiency of the LimeFX customer support services with technical questions. Since 2015, over 1,500 traders have won cash prizes and bonuses with a total amount of $200,000.To check out the current LimeFX contest, or to register for the next available one, follow the available tournaments link. Established in 2005, and with offices in the UK and Australia, LimeFX is one of the world’s leading and fastest-growing Forex brokers. The broker offers its customers attractive trading conditions, fast and error-free order execution and the industry’s most advanced and innovative technological solutions for both retail and institutional clients.
LimeFX Cashback rebates
The program is automatically activated at the time of client registration without additional applications or activations and is valid for 90 days. Co-operation with LimeFX ensures high quality service, strict compliance with all trading conditions and dependability supported with cutting-edge technology. The above standard commissions will be multiplied by the “Coefficient”, which will be decided according to the margin you used in all accounts. LimeFX cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.