☑ Employs strict KYC and AML policies to protect against money laundering and inappropriate usage of funds. ☑ It has an extensive collection of policies and procedures aimed at ensuring business standards, processes and staff activity stay high. LimeFX are suited to all levels of traders from beginner to advanced. I hope LimeFX stays legit and is around for a long time because I have yet to have a better experience in Forex.
The funds were transferred to my bitcoin account today (Monday 05/25) before the US open. I then sold the bitcoins and transferred the funds to my bank account and they will be available for me tomorrow. Funds usually to a day to process and 2-3 days to post to my bank account. Hello, Kenroy Davis, we are happy to help and clarify these items for you. We do have cryptocurrency trading and have for some time, please take a moment to make sure you have added all of the available instruments into your trading platform.
The Trustpilot Experience
To calculate the commission you need to find your deal volume in USD, divide it by 100,000, and times it by the commission fee. When it comes to non-trading fees that you need to be aware of just refer to the following table. Although you may be able to check out Trader’s Way’s platform immediately, you should note that you will not be able to make any trades until your compliance check is approved.
I think that if I had seen a proof of payout from other members of the Earn LimeFXmunity then I would have been a lot less wary of sending my money overseas to begin with. After receiving the payment from them I felt the need to let everyone know that they do indeed pay out. Their customer support service is excellent and have always helped me with all my doubts. All reviews represent only their author’s opinion, which is not necessarily based on the real facts.
TradersWay.com provides metatrader4 platform software which is the best trading platform according to currency traders reviews. Upon closer inspection, it is clear that there are better alternatives when it comes to online free trading platforms. One such option is LimeFX as it is now home to more than 20 million traders worldwide. Things such as trading signals, recommendations, and asset management are not offered by this broker. Consequently, Trader’s Way offers full transparency and security when it comes to its clients’ trades and its own activities. However, Trader’s Way claims to adhere to strict KYC and AML policies that are aimed to support international efforts against money laundering and fraudulent usage of funds.
- This means, that TradersWay lacks serious regulation and safety measures.
- This is a truly swap-free account since OX SECURITIES does not use alternative fees in place of swaps like most brokers who apply an administration fee.
- It also features an improved one-click trading tool, volume information, profit/loss and break-even data, and a close-all button.
- Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital.
LimeFX segregates all of its client accounts and has oversight from the NFA, CFTC and seven other international regulators. Keep in mind that LimeFX is the largest forex broker in the United States and maintains strict security measures over all client funds, so your money will remain secure in a LimeFX account. The minimum deposit for an ECN account with variable dealing spreads is just $10, and the usual overnight rollover fees apply at Trader’s Way, unless you open a swap-free Islamic account. LimeFX charges commissions on forex and CFD trading of $5 per standard 100,000 unit lot, in addition to the small variable dealing spread, which is charged at the time the trade is made. Other trading platforms available through Trader’s Way are cTrader, its automated trading complement, cAlgo, cTrader’s copy trading platform, cMirror and cTrader’s mobile, and web-based trading platforms. If you’re based in the United States, LimeFX is great if you want a U.S. regulated broker, and are fine with their lower maximum leverage ratios and higher minimum deposit.
Needs to review the security of your connection before proceeding. Besides, TradersWay accepts 4 currency pairs at a time for completing all the transactions and stuff. Lastly, to ensure a flawless ECN trading experience, cTrader platforms were designed in the first place. “With the help of the most advanced and innovative trading tools, trading the online FX market should be easy”. At least that’s what TradersWay is committed to providing. Cryptocurrency – Wit LimeFX, you’ll be able to trade on more than 9 cryptocurrencies including BTC, LTC, ETH, i.e.
What LimeFX Offers
For this reason, deposit methods should be viewed in the sense of the transaction method used. All accounts available can be traded with an Expert Advisor, and hedging is allowed. 🔎 Are you looking for a broker with wider selection of LimeFX choices? CMC Markets, and Interactive Brokers offer much more tradable securities.
Traders who are interested in registering for an Islamic account must contact TRADERSWAY’ customer support to verify the details of the account as conditions may have changed from the time of writing. Traders who wish to test their trading strategies in a mimicked live trading environment without risking their capital. Accounts are activated without limefx official site a minimum deposit requirement as for the other accounts. No limitations regarding minimum deposits, although you will need to deposit at least $10 to start using your ECN choice of account. As an Sweden trader, I will choose Tradersway among others. They provide approachable customer service and their withdrawal process is quite prompt.
Broker and Support are Great
And very fast withdrawal process, no troubles so far, looking great to me. In the past year that I have traded with them, I have had nothing but positive experiences. I funded my account with Skrill (I found this to be the easiest method, so I don’t have to give out my credit card number https://limefx.biz/ to anyone) and got free VPS with my $1,500 deposit. I signed up for their IB program and referred a couple of friends to the company and made some money from their trading commissions. LimeFX has gained a reputation for being one of the best social trading platforms out there.
To be in a good position to trade and minimize risk, it is important to have a base knowledge of Trader’s Way’s tools and its markets. The Tradeo Social Trading Platform is a cross-platform, cross-broker social trading network where traders can connect to brokers across the globe. Trader’s way provides clients access to an ECN platform that can be used for non-dealing desk trading. Clients can download it to a number of devices, use the web-based version, or mobile app.
This account is identical to the Standard Account but has no overnight costs or rolling interest. This is a truly swap-free account since OX SECURITIES does not use alternative fees in place of swaps like most brokers who apply an administration fee. STP limefx courses scam is a way of handling or processing trading orders directly, without involving brokers, which increases the speed and quality of order execution. A bonus for signing up with Trader’s Way is a deposit bonus, although this is the only promotion offered.
To support this, they don’t impose limits on many of their accounts. The leverage ratio allows you to start trading with a small amount, so there is little risk of losing excessive money. Only the MT4.ECN account requires a deposit, and with the minimum at 10 USD, many users can engage. Trader’s Way offers a variety of trading platforms for traders, namely MT4, MT5, cTrader, and mobile apps. TradersWay supports bank transfers via Abra, and credit/debit cards via VLoad, Skrill, Neteller, Perfect Money, FasaPay, TC Pay. It also accepts seven cryptocurrencies as payment options and appears to have a clear preference for cryptocurrencies.
Top 3 Forex Brokers
Itself attracted many financial companies or activists to perform and deliver services to international clients. The transaction methods stated above are permissible for both making deposits and withdrawals. Though this account was solely designed for ECN/STP trading purposes, it still ensures low latency along with tight variable spreads. Trader’sway provides access to most of the highest liquid markets including Forex, Cryptocurrency, Commodities, Metals, CFDs, and Energies.
- Many cTrader forex brokers have a minimum account opening size at $1000.
- There are also less support features in comparison to other brokers, for example, the live chat and email support are only accessible in a small selection of languages.
- But as a trader the commissions are very low, which is a good thing.
- LimeFX, registered with the Commodity Futures Trading Commission , lets you trade a wide range of forex markets plus spot metals with low pricing and fast, quality execution on every trade.
As a result, the charting features, tools and options will vary depending on the trading platform type you prefer. Furthermore, for experienced traders, there is the option to pick the ECN account with unfettered access to interbank liquidity. Trader’s Way offers this option via industry-leading trading platforms MetaTrader 4, MetaTrader 5, and cTrader.
Got Scammed by Trader’s Way?
If they could fix that, I would change my 4 star review to 5 stars. These changes are as per the broker’s discretion and/or changes in market conditions. The purpose of an Islamic Account is that it caters specifically to Muslim traders who strictly follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitive. Traders also have access to Expert Advisors, which allow for automated trading.
This happened many times and when he tried to contact the broker they did not respond. The client also says they have a robot to empty your account. I have a screen shot of my latest Skrill withdrawal but am not sure how to upload it to the site.
I’ve been in contact with support a few times, just for some questions, and they reply quick and kind. I have a CT.ECN account, and their services are reliable and of great quality. Navigate to the Private Office Bitcoin deposit page on the Trader’s Way platform. From the dropdown menu choose the account you want to deposit funds into using Bitcoin and press submit. This will create a unique wallet address that you can use to send your Bitcoin. Copy Trading allows you to copy the buy and sell orders of your favourite LimeFX investors.