Overall, there is a lot to like about LimeFxFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader. The trading costs are very competitive whilst customer support is prompt to answer questions.
LimeFxFX is a legitimate company registered in Saint Vincent and the Grenadines and regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). The EU entity is registered in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online.
Full control of your investment at any time, anywhere
Multiple order types are supported with real time market execution and there is advanced risk management amongst many other useful features. MT4 is the complete platform to get started trading online and is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other. It is a smart trading platform combining everything a trader needs in an easy-to-use app.
- 50% bonus applies to your margin and allows you to perform bigger trades.
- LimeFx Markets Cyprus Ltd and LimeFxfx India Private Limited are owned by LimeFx markets incorporated.
- There is also no inactivity fee for dormant accounts or commission charges for deposits, withdrawals or currency exchange.
- There is an economic calendar, daily analysis posts, as well as trading signals and market insights.
- Experienced traders often use MetaTrader 4 Demo accounts to test new trading strategies before application in real trading.
I feel that the platforms should have more than enough tools for most of you to get by. You can also find loads more of free and paid add-ons to further enhance their capabilities. There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited. That being said, it is nice to see that LimeFxFX have a good selection of useful trading tools that can be used for trading signals, market analysis and risk management. Expert Advisor (EA) can help traders make more informed decisions.
This is a significant advantage for investors using mid-term and long-term strategies as charges will not be applied for any positions held overnight. Both platforms are compatible with several languages, including English, Arabic and Hindi. When we used LimeFxFX’s trading terminals, the new order process was similar and relatively straightforward.
Overall score
Compare the markets and instruments offered by LimeFxFX and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare LimeFxFX with the top 3 similar brokers that accept traders from your location. LimeFxFX is a No Dealing Desk (NDD) broker and therefore acts as an intermediary between the trader and the market. LimeFxFX receives commissions from its liquidity providers for each transaction.
You can trade via very easy to use platform on all of your devices. The broker has a generous selection of high-quality trading tools which can be vital for analysing the markets and making informed decisions. There are some educational materials to assist beginners and help you to improve your trading knowledge.
LimeFxFX Leverage
The trading of financial instruments involves a high level of risk which may not be suitable for all traders. This level of risk may result in the loss of amounts that exceed the initial deposit. LimeFxFX does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The LimeFx Demo account does not expire and is available without limit. Crypto markets are only supported on accounts that use the MetaTrader platforms. The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary.
Can you trust LimeFxFX?
LimeFx gives high priority to the ‘Analysis and Education’ section of its site. The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt. There is no extra verification required, and once a client’s separate wallet is set up, it’s easy to hook up to the signals of other traders.
10 CFD indices are available, with access to major markets in the US, EU, Japan and Australia. Users can analyze the stock markets with the powerful MetaTrader software and go long or short with dynamic leverage. Fees are also competitive vs alternatives with typical spreads of 0.6 on the NASDAQ. Traders need to ensure that they can practice risk management along with evaluating their risk exposure and willingness to be exposed to risk. Should they need to, traders can consult independent professionals for additional advice before investing. LimeFxFX makes the MetaTrader Suite available, MetaTrader 4 and MetaTrader 5.
There is also no inactivity fee for dormant accounts or commission charges for deposits, withdrawals or currency exchange. The average spread for the EUR/USD currency pair is 0.7 pips, while the USD/CAD is offered at 0.8 pips. Major indices, including the NASQAQ, are offered at an average 0.6 points, which is competitive. https://limefx.name/ Traders who live within the EU will have their accounts placed under LimeFx Markets Cyprus Ltd. LimeFx Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and traders within EU can therefore trust LimeFxFX. At LimeFx, it’s not what you trade but how you trade it that matters.
LimeFx Trading Platforms
You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms. These are amongst the best trading platforms available for online trading that you will find anywhere. I think limefx they are ideal for anyone who is looking to trade manually or run automated systems. They are all relatively easy to use but also capable of performing complex analysis and order management.
The profit calculator lets you choose a trading instrument and enter the position details for a quick and easy calculation of the potential profit. Learn more about profiting by copying the trades of professionals, managing your investments, and diversifying your portfolio with LimeFxFX Copytrading. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one. Forex robots are ideal helpers when you need to evolve your scalping techniques and stop making manual decisions.
The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts. The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help make predictions. It’s also possible to send trading orders straight from the chart. Make a deposit via LimeFx trading app or on our site and we’ll give you a 50% bonus, which you can manage directly in our app. Use it to open trades of a higher volume for more profit potential.
Also ensure you add additional security settings such as two-factor authentication (2FA) when using LimeFxFX platforms. The broker accepts clients in 150+ countries, though it is worth checking which entity you will receive services from. LimeFx Markets Incorporated is registered in St Vincent and the Grenadines.
