LimeFX UK has been rendering broker services since 2005, with top priority in development and enhancement of innovation solutions for trading. With its MT4 ECN innovative trading platform launched in 2009, LimeFX has become one of the first brokers to provide retail traders with access to interbank trading floor via MetaTrader platform. LimeFX Cashback service – Receive up to $15/lot traded for the registered clients. Overall, LimeFX is an excellent broker well-suited for traders with moderate to advanced experience levels. LimeFX’s services and features show its commitment to providing a high-quality trading environment.
The amount of Cash Back you receive will depend on your trading volume, commission you pay and the coefficient rate specified in the above sections. After 90 days passed, Cash Back rebate amount will be automatically added to your commission account that is open automatically. Note that the cashback rate is 2.4 pips for STP accounts and 15% of commission for ECN accounts. The Cash Back promotion is available for all account types of LimeFX including ECN, STP, Crypto, Micro, PAMM ECN and PAMM STP. Signup and open a live (real) account for the first time, and get 90 days Cash Back directly to your account.
The coefficients must be multiplied to the total cash back amount in the end of the promotion, and will decide the actual cash back amount. Then there are coefficients which you need to multiply the Cash Back amount accumulated during 90 days promotion period. Useful article for getting additional benefits from interaction with a broker. If you have used more than $1,050,000 of margin, then you won’t receive any Cash Back Rebate from LimeFX. Here are the main rules and conditions of LimeFX’s Cash Back Rebate promotion.
Account
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- This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment.
- For all new traders of LimeFX, the broker offers direct Cash Back Rebate for the first 90 days.
- The program is automatically activated at the time of client registration without additional applications or activations and is valid for 90 days.
- The Cash Back Rebate amount will depend on the account type and the margin used within the promotional period.
Furthermore, this makes them a useful option for novice traders seeking to learn and seasoned professionals seeking to test new strategies, indicators, and expert advisors with minimal risk. Add your trading account in the member area MyPBFX to track rebate history and access all features, if not yet member please Sign up first. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment.
Client Money Protection
Furthermore, the importance of the demo account lies in its ability to allow traders to gain experience and confidence without risking their funds. LimeFX employs top liquidity providers (exchanges) to aggregate liquidity and hedge client exposure risks. With high leverage and a low initial deposit of $10, Forex STP accounts can benefit from a genuine ECN trading environment, even for traders with modest and medium-sized capital.
- Immediately after crediting, these funds can be withdrawn or used for trading.
- You can get up to 3.6 pips cash back rebate which is the highest rate available in the industry.
- LimeFX has 4 group companies, non-regulated LimeFX Markets Limited in St. Kitts & Nevis and 3 highly regulated.
- The rebate amount is based on the trading volume and varies depending on the broker.
You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from LimeFX. It is impossible to determine the exact number of traders using the Cashback Rebate feature with LimeFX. LimeFX offers trading in Bitcoin and Litecoin against the US Dollar, Euro, or Russian Ruble in the form of CFDs. LimeFX and its affiliates do not accept any liability for any delays, inaccuracies, errors, or omissions in any data provided to clients in connection with VPS hosting.
Recomended Brokers
The company was founded as an educational center offering courses in the field of technical analyses and financial markets. The launch of brokerage services in 2005 was a natural progression to satisfy the growing need for fair and transparent trading conditions combined with excellent customer support. LimeFX STP account is best suited for experienced retail traders looking to trade only with the bid and ask prices, without any added commissions. The LimeFX STP account allows trading of 50 FX pairs, plus Gold and Silver, and is available only with the MT4 platform. Spreads are also floating, starting at 1.0 pip for major pairs, with no trading commissions and STP accounts can be opened with a low initial deposit – 10 USD.
However, how many registered clients use the LimeFX rebates program is uncertain. Once approval is given, you will automatically receive your cashback rebates from the LimeFX system. The standard commission limefx scam is multiplied by a certain coefficient, which depends on the total Involved margin on the client’s accounts. The table shows the values of the coefficients for calculating the cashback.
LimeFX Spreads
LimeFX demo account gives users the chance to test the broker’s services and pricing on several financial instruments, without risking any real money, for an unlimited time, as the demo account is non-expiring. LimeFX guarantees a demo that mimics real market conditions, allowing the correct testing of multiple trading strategies, and even automated trading. A LimeFX demo account is 100% risk-free and the funds (up to $5,000,000) are virtual – including both winnings and losses, of course. Register for free and test your trading strategies, open an LimeFX demo trading account with no risk and no obligation now. With LimeFX investors can trade with different trading platforms, the classic MT4 and the next-gen MT5, and the more complete TickTrader platform, allowing all types of strategies, automated trading and to suit all kinds of traders. Starting our LimeFX review, we will outline some of the key features of this popular CFD broker.
LimeFX provides SWAP-free Islamic accounts that adhere to Sharia laws for Muslim traders. Rather than swaps, overnight positions on Islamic accounts incur an additional commission, which is equivalent to the swap. LimeFX’s advanced price aggregating technology ensures the best prices, genuine market spreads starting from 0 pips, and seamless order execution, providing the most favorable trading conditions.
Fund Withdrawal Conditions of LimeFX Cash Back Rebate Program
Working from the very beginning with the world’s most wide-spread and user-friendly trading platform MetaTrader (MT4) LimeFX had gained the deepest knowledge possible about the technology. On this basis LimeFX team started to look for and eventually developed a solution settling the conflict of the interest between Brokers and Traders. This company provides cutting-edge, convenient and secure ECN model financial market services as well as modern and fast trading platforms. LimeFX offers free Forex VPS services for one month to clients who maintain equity of at least $5,000 in their accounts at the end of the month or have traded volumes of $10,000,000 per calendar month.
They represent wide range of instruments across Foreign Exchange, Stocks, Commodities and Indices with tight competitive spreads, fast and instant execution orders and transparent services. Enjoy low cost trading with spreads
from 0.0 pips and commission from $1.50 per lot. Our ECN
account is the most cost-effective form of FX trading,
with no fixed spreads or additional pips added.
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