We understand that informed decisions with LimeFx are the key to successful trading, so we’ve provided this detailed LimeFx review. So, take a seat, grab a cup of coffee, and dive in to learn about LimeFx and how it can benefit you or if LimeFx is not for you. In addition, LimeFx is a member of the Investor Compensation Fund (ICF) which insures clients in the event of insolvency.
Create an account using the link below to claim your welcome offer today. Being an NDD broker, LimeFx doesn’t take the other side of the trade meaning the broker is firmly on the traders’ side. All the orders, stops, limits, and trades are executed with counter-parties. What is also great, LimeFx used technology to provide limefx website efficient and transparent pricing with the most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements. The company is known for its customer-centric approach by delivering competitive pricing with the most favorable trading conditions.
- For further regulatory information regarding the Payment Service Providers please visit the deposit methods page.
- So take the time to research LimeFx thoroughly and make the most of your online investing experience.
- Our broker ratings are also informed by the experience of our researchers during the evaluation process.
- Yet, we saw broker offering only FX and CFDs trading through only one trading platform available for the option.
Modern brokers like LimeFx provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, LimeFx may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall LimeFx trading profitability. LimeFx offers trading on forex, indices, cryptos, energies and metals on the trusted MetaTrader 4 (MT4) platform. In this 2023 broker review, we log in to the Traders Hub to explore minimum deposits, regulations, leverage and demo accounts. Read on for the pros and cons of signing up for an LimeFx trading account.
What does it mean to have your funds in LimeFx deposited in a Tier 1 bank?
The platform is available for all operating systems and fully compatible with EAs, hedging and equipped with advanced technical indicators, analytical objects, and charting tools. Based on our findings, the broker offers a wide range of trading instruments all based on FX and CFDs trading. It allows trading major, minor, and exotic currency pairs, and cryptocurrencies with access to Bitcoin, Litecoin, and Ethereum, major indices from the EU, US, UK, and Asia. LimeFx is regulated by the Cyprus Securities and Exchange Commission (CySEC). When selecting a broker such as LimeFx, one of the most critical factors to consider is the broker’s regulatory body and regulatory status.
- With CFDs, LimeFx traders can profit from upward and downward price movements by going long (buying) or short (selling) on an asset.
- Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.
- Mark has over 15 years of experience in financial analysis, forecasting,
and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities.
Take the time to understand all of the LimeFx Android MetaTrader 5 features. With LimeFx MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere. MetaTrader 4 (MT4) is a widely used trading https://limefx.vip/ platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
Is LimeFx A Good Broker?
In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4. The broker offers competitive and favorable trading conditions with low costs. Broker’s offering also includes no minimum deposit requirements making it a very suitable broker for beginners. Based on our expert opinion, LimeFx Forex broker has been recognized by numerous traders around the world as well by the significant number of awards they receive. LimeFx broker delivers dedicated support by a professional team and a good NDD trading environment based on quality technology, also with a good range of trading instruments and low fees and spreads. Although traders have had great success with LimeFx, trading on the financial markets with LimeFx is not a get-rich scheme.
Economic Calendar
While we found the LimeFx phone support satisfactory, there is room for improvement in response time. The LimeFx phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by LimeFx and found that they could assist us in various languages. Our team tested the live chat support of LimeFx and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all. While it may be a new skill set for some, it is what the market requires for success.
LimeFx withdrawal and funding methods
MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4. Please be aware that trading in financial assets with LimeFx carries a risk of loss. LimeFx trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, CFD trading, Share Dealing due to market volatility.
Can you make money with LimeFx?
Therefore, LimeFx leverage magnifies both profits and losses in trading. Like other brokers, LimeFx margin requirements can differ depending on the traded instrument. Whatever you are looking to trade, the varying
LimeFx account types will be able to provide you with what you need. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. LimeFx customers have instant access to the financial market and can completely manage a Portfolio on the go. This detailed LimeFx review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Share Dealing.
Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF’s on the LimeFx MetaTrader 4 (MT4) trading platform.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades. LimeFx allows traders to trade on mobile devices
through Android and iOS devices like the iPhone. Let’s explore each of these trading platforms in detail and what options LimeFx gives you.
User funds are also segregated in separate bank accounts at leading international banks so your money is safe from scammers. LimeFx follows an ECN/STP model, offering competitive trade execution and prices, with no intervention or re-quotes. Clients can trade on forex, cryptocurrencies, indices, metals and precious metals on the popular MT4 terminal. Trade a dozen major indices, including the Dow Jones, NASDAQ, S&P and DAX.
Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market. I appreciate the support team of the LimeFx broker for the help I get here in terms of conversations and questions that I ask about different issues. I was attracted by low margin requirements, high leverage and tight floating spreads. Together with the NDD/ECN executions, the broker’s offer is far above the middle range of the industry. Some traders might not like the light level of regulation, but the trading conditions speak for themselves. LimeFx Forex trading platforms, like most ECN brokers, are based on a highly regarded MetaTrader4.
There are no charges for making a deposit except for mining fees if you top up using crypto. However, there are fees on withdrawals for bank wires, cryptos and e-wallets. However, the majority of withdrawals take up to give working days to clear, apart from Skrill and Neteller which are processed in real-time. The MT4 mobile app allows you to connect to your investing account from anywhere.
You must also ensure the LimeFx broker’s profile, trading tools, fees and regulation aligns with your needs and goals. Our economic calendar showcases relevant events to help you trade these markets too. You can also dig deeper into global financial trends and events with our latest news and analysis articles.
