I am satisfied with the cooperation and do not plan to change them. Yet over time I started to use it as an additional wallet to keep mnoney. To sum up this broker is very goot for me cuz it addresses my general needs. Yeah, there’s something her that is not very good for me and I wish it could be different but on the other hand it doesn’t prevent me from making money at this place.
Because traders earn 80% of their money during 20% of the movement and I am actually underestimating this number. Both LimeFX deposits and withdrawals are conducted via an innovative money management tool called LimeFX Wallet. This multi-functional account management tool lets LimeFX clients transfer funds between their trading accounts in a secure medium.
LimeFX offers seven different asset classes including forex, shares, indices and much more via the MT4 and MT5 platforms as well as cTrader—a platform built for more advanced trading. The company’s fast execution speeds extend to it’s native mobile app. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.
For more content, their YouTube channel also has a short educational playlist. LimeFX also provides a glossary of CFD terms, which is not something every broker provides. The data is located in the economic calendar and the LimeFX Squawk. You can filter for countries and data types, which is a useful tool for forex traders. LimeFX is a CFD and forex broker offering a large number of currency pairs and over 1,700 stock CFDs.
Does LimeFX offer CFD trading?
In other words, LimeFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the LimeFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account.
- So things go on very dramatically during the day of Jerome Powell’s speech.
- There are no limitations on trade sizes, stop and take profit levels.
- Besides that, there is a quite thorough guide to technical analysis available at Trading Central.
- As you can probably tell, LimeFX offers its clients a wide selection of trading accounts.
Non-trading fees are average, and there is also an inactivity fee that kicks in after 6 months of no trading. BrokerChooser gave LimeFX a 4.3/5 rating based on analyzing 500+ criteria and testing via opening a live account. After several years of trading on various platforms and with little-known brokers I realized that this is not what I need.I decided to look for a long-term broker with all necessary tools. At the same time I needed reliable company with which I would be able to cooperate for many years.In short, I was looking for a broker on whih platform I could trade all my life.LimeFX became such broker. At the same time, platforms have advanced functionality and any trading techniques can be applied on them.Reliability can not be mentioned.
LimeFX EDGE
With multiple accounts, based around the trading platforms that they offer, their service to both new customers and high net worth
individuals is technically advanced. The mobile trading experience is perfect for those who like to trade on the move, and there are
several trading features available. LimeFX offers competitive spreads across all its trading platforms. This forex broker aggregates the price quotes from multiple liquidity limefx forex broker providers (more than +12 LP) and gives forex traders the chance to trade against tier-1 liquidity providers. Millions of people worldwide use Android mobile devices and tablets, and LimeFX offers its clients access to the MetaTrader 4 platform on these devices. With the LimeFX MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets.
First of all LimeFX authorised and regulated by the Financial Conduct Authority. Client funds are placed on segregated accounts in investment grade banks such as JP Morgan, Barclays, Credit Suisse etc. Also they provides negative balance protection, which guarantee a zero account balance and if you fall into negative equity, you can not lose more than your initial deposit. There are low spreads from 0.2 pips on EUR/USD and LimeFX aggregates the best bid and offer across 10 liquidity providers here. There are no limitations on trade sizes, stop and take profit levels.
- To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
- If you’re trading Forex, spot indices, shares, spot energies, and spot metals Edge will surely give you an edge (pun intended…) when it comes to prices and order execution speed.
- In this way you are able to create your own portfolios of strategies according to your individual risk/return preferences, without having to actually place any trades yourself.
To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by LimeFX terms and conditions. It’s important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them. Brokers that operate under the supervision of regulatory authorities like LimeFX are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors’ deposits.
Please note that the list of payment methods below depends on the LimeFX Entity and the client’s Country of Residence. While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with LimeFX, before live trading.
LimeFX Edge Creating Orders
LimeFX spreads to be high when compared side by side with other forex brokers. For example, forex broker Pepperstone spreads start from 0.60 pips EUR/USD for their standard account. These accounts do not have commission costs so is the same as a standard account other brokers offer. For this reason, you will find spreads are wider than brokers that have ECN pricing and added commission costs. Andrew has a well-established career in fintech and came up with comparebrokers.co to make
trading on financial markets more transparent and accessible. Overall, strict financial regulation is essential for ensuring that trading platforms like LimeFX operate fairly, transparently, and responsibly, which ultimately benefits all LimeFX stakeholders involved.
Clients in the UK should be aware of a few differences between the LimeFX product compared to products offered by LimeFX in other regions. This is mostly to meet the requirements https://limefx.biz/ of the LimeFX regulator. You can download LimeFX cTrader platform or Windows desktop version, MAC version, or browser-based with the cTrader Web platform.
LimeFX offers cTrader Premium Charting and Manual Trading Platform
To open a trading account with LimeFX, individuals can sign up on the LimeFX website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts. LimeFX Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for LimeFX traders of all experience levels.
The stock CFD selection is similar to LimeFX’s closest competitors. Once you have downloaded the MT4 mobile trading platform, you should be able to access the relevant LimeFX server, e.g. A convenient way to save on currency conversion fees is by opening a multi-currency bank account at a digital bank. These usually offer bank accounts in several currencies with great currency exchange rates, as well as free or cheap international bank transfers.
For desktop trading, you can use the cTrader as well as the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms; we tested MT4. However, the platform feels outdated and some features are hard to find. For example, it took us a while to figure out how to add an asset to the watchlist.