Therefore, it is always wise to keep track of all the expenses. It will help you ensure that you receive more money in returns and avoid any discrepancy. However, when we compare it with other brokers, LimeFx’s fees and commission charges are relatively lower.
This can be annoying and also you could mistakenly close the terminal while closing other applications. With a VPS it is out of site unless you have your RDP connection running. Yes, but you need to be aware that trading in these times can be very risky. We are committed to the fair handling of reviews and posts regardless of such relations.
Monitoring connection with your broker MT4 server
These charges arise due to the cost and time during your trade. It mostly depends on the broker to charge fees according to their policies. In the picture above, you see what this looks like on my MT4 trading platform with another broker.
- The demo accounts do not expire and remain active as long as the trader logs in on the platform every ten days.
- It starts at 0.4 pips, but it is meant for expert traders.
- But, if you are a Forex trade assess further they reduce the spread, then the ECN account is ideal.
- Following this, connecting to the new LimeFx-MT5-Demo server will be accessible from the server list.
- First, however, a brief comparison of the fees is essential.
You can find this option by clicking the left mouse button on the “No connection” label in the right-bottom corner of your MT4. Once you run a re-scan, MT4 looks for the best server available and then tries to connect. You can even try this several times every 30 seconds because it could be that the first attempt to reconnect might be unsuccessful. What we are trying to do now is to re-establish a connection to the broker server. LimeFx does not exclude overnight fees; therefore, leaving a forex position overnight will attract an overnight fee.
Checking messages daily will help you stay updated about things like that. It is also convenient to learn how to read the connection status image. Once they enter the data and log in, they will not be required to make any additional changes.
Try to log in to Trading Account again.
A simple explanation might be printed here explaining why MT4 cannot connect. If you cannot load your broker’s website, try to load another website just to see if your Internet connection is working. Such a message is not always available on MT4, but there were countless times when this helped me find my MT4 account login details quickly. Once your MT4 is closed, I recommend waiting at least 30 seconds before you open it again. This will give some time for MT4 to update all necessary files on exit.
In contrast, you can see the difference in the spread if you choose to go for a standard MT4 account. It will cost you only 1.2 pips which is lower than before. But, if you are a Forex trade assess further they reduce the spread, then the ECN account is ideal. It starts at 0.4 pips, but it is meant for expert traders. We can further see that LimeFx offers an ECN Pro account for traders interested in trading individual stocks. It is not hidden that the Forex market is one of the most liquid and the largest market at the same time.
Russian forex broker LimeFx said on Friday it is transferring all demo.ecn.mt5 accounts to a new server, LimeFx-MT5-Demo. The move is necessary due to the increased number of such accounts. Live ecn.mt5 accounts will continue to work on the LimeFx-MT5 server. When you see web pages loading fine in your browser, you’ll assume that the Internet connection is working fine. At the same time, applications like MetaTrader are blocked from the Internet and cannot connect to your broker server because of the firewall or anti-virus software. Yes, I agree that security comes first, but ensure you understand what you are doing and configure such software properly.
Contacting Forex broker support
For example, HotForex gives this information when you open an account. You should ping their IP address if you want to detect even the smallest connectivity problems between your computer/VPS and your broker’s MT4 server. If you do not use VPS and have lost the MT4 connection on your limefx review home/office computer, I recommend contacting your Internet Service Provider. However, if you can browse the websites on the Internet, there is likely something wrong with your broker’s server. Also, worth checking the Mailbox tab for messages that might explain connection problems.
On the other hand, keeping it overnight will cause you a small fee that is essential to cover the cost of the money borrowed by you. The listed servers names are generated automatically based on our clients settings, this is a technical list used to connect to servers. Please note that the servers names listed here are not a recommendation nor an advertising made by Duplikium. Duplikium is totally independent and has no partnership with any brokers.You have to make your own due diligence when selecting a broker. Optimal connectivity for financial software cannot be achieved with all servers and ISPs. Also, Mailbox on MT4 might have other important messages from your broker, like that with the headline “Demo-Server new IP address”.
The VPS is always active and functioning because FXVM offers 100% up-time guarantee. If the broker server is not reachable, MT4 might try to connect to another Data Center (if your broker has any). To speed up the process, try the steps I have explained earlier or contact broker technical support.
Trading Service Details
When we say spread, it usually means the bid-ask spread, and various factors can influence it. First, it can include supply which is the total number of shares available for trading. Next comes the demand, or we can say the interest of the future traders in the stock. Finally, when the above two factors combine with the total trading activity of the stock, the overall spread can get affected.
In terms of latency, typical household and office internet connections can provide only mediocre connection quality. Our servers are positioned in major financial markets https://limefx.group/ that deliver ultra low latency and fast execution speed for trading activity. As mentioned before, LimeFx places itself among the top Forex brokers globally.
But, there are certain fees payable, so we cannot say that it is free per se. But, the fees payable at LimeFx are flexible according to the account types. Moreover, the fees are not as high as other brokers demand you to pay. For example, it does not charge any commission on account types like the Forex Standard or the micro-accounts earlier in the table.
We offer you access via any smartphone, tablet or PC so you can log in and check on the status of your platform at any time. Your orders will be filled in front of other traders who are competing for the same price. Fast execution means more pips and this is the reason traders around the world trust FXVM for their high frequency trading needs. Stay safe against power outages or internet disconnections.
We have a high grade Internet connection and multiple backup connections in case one or more go down. In comparison a Home Internet connection has no backup and can vary in reliability. We provide all services on a month-to-month basis (unless you have chosen to pre-pay for multiple months).
If this helps and you get your Internet connection back, then you should spend more time learning how to configure your security software properly. First, make sure you know exactly what server to connect to. This information is usually provided by your broker after you register an account with them. The first thing you should try is to do “Rescan servers”.
Chances are that on the next MT4 launch, it will be able to connect to the broker server successfully. Most people have a connection response rate of 400 ms or so, which is quite limefx official site reasonable for simple trading. But if your trading strategy is vulnerable to Slippage, spreads, and execution speed, you need to connect to the fastest server possible.
If you see both “ping” commands giving an error, then consider checking if there’s nothing wrong with the computer or VPS installation. For example, it might be a network card failure or software like Anti-Virus or Firewall broken or outdated. Many people never check the MT4 Journal tab at the bottom of MT4. Make sure you check the Journal tab for any error messages.