Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. Currently, clients of LimeFx can only trade on MetaTrader 4, which is rather cumbersome and outclassed by newer trading platforms. Additionally, LimeFx’s customer support seems to struggle with addressing more complex questions, such as what their average execution speed is. Client funds are segregated from company funds, reducing the potential for misuse. They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types.
Trade with one click. LimeFx Web Trader App
The options include the popular MetaTrader 4 and the Personal Multi Account Manager but the broker does not have a proprietary software platform. This may be a weak point for the broker but it should not bother traders, especially since MT4 is familiar to most of them. Things are different for silver and platinum – silver is still traded for industrial purposes, as platinum, which is also much rarer than silver or gold. With tight spreads as low as 0.04 and 1% margin requirements, LimeFx offers its clients a great opportunity to profit from the global gold and silver markets. The spreads on platinum and palladium are, of course, higher since palladium is not only 30 times as rare as gold but also more valuable than gold. Traders should also consider potential third-party processing costs and currency conversion fees.
What Can You Trade With LimeFx?
Founded in 2013, Trading Pedia aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets – stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators. EAs are automated trading bots, which can be customized by the trader and used for robot trading based on preset rules and conditions. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
Account Types and Terms
https://limefx.group/ gives its clients great exposure to global markets and industry-leading companies from the United States, Europe, the United Kingdom, and more. CFDs are available on shares by Walt Disney, Cisco Systems, Facebook, JPMorgan Chase & Co., HP, Apple, HSBC, eBay, Google, Lloyds, Samsung Electronics, Airbus, and many more. Tempting trading conditionsHowever, my attention to LimeFx was captivated by its outstanding reputation with traders. Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Compare LimeFx with the top 3 similar brokers that accept traders from your location.
Is LimeFx a regulated broker?
The same subcategory also includes trading of spot energy commodities. The broker offers CFDs on several commodities, including Brent Crude and West Texas Intermediate (WTI) oil. CFDs on indices give traders exposure to the global markets and great opportunities to profit from some of the most popular indices in the US, UK, Germany, China, etc.
Is LimeFx a good broker?
With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader. The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version. Being a modern HTML5 application, it runs without requiring any additional browser plug-ins or add-ons. Explore the markets at your own pace with our online educational course, suitable for both beginner and advanced traders. The trading platform has been very convenient and easy to navigate.
MetaTrader 4 or MT4 can be downloaded directly from the LimeFx website for those who prefer the downloadable software package. With it, clients have access to more than 200 financial instruments in Forex, shares, spot indices, spot metals, futures, and commodities. The platform is fully customizable and offers advanced charting and a wide range of indicators, as well as useful Activity Reports, and online streaming news. With CFD on shares, traders can invest in some of the largest and most successful companies in the world without actually owning any company stock.
If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands. If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. LimeFx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the LimeFx.com group has good reviews from other users online.
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- The platform also supports one-click trading, which allows traders to execute orders fairly quickly.
- Join us and benefit from the award-winning trading conditions offered by a globally recognised and reliable forex broker.
- Explore the safest trading environment with fast execution and no requotes.
- LimeFx offers CFDs on popular indices, including DAX, S&P 500, Nasdaq, Dow Jones, Euro Stoxx 50, FTSE 100, France CAC40, and many more.
They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, LimeFx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. The STP/ECN Zero Spread is an ECN account and ECN stands for Electronic Communications Network. With this type of account, traders receive direct access to other participants in the market.
But it is less so for intraday trading strategies, such as scalping, where precise order filling is more important. Customer support via live chat is available in English, French, Spanish, Chinese, Japanese, Korean, and Farsi. Before you connect to an agent, you have to provide your name, email, and account number (if applicable), and choose a preferred language. Automated trading is possible via MetaTrader’s Expert Advisors (EAs) feature.
LimeFx was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker. Its 200+ instruments and multiple platforms are accessible in 180+ countries with 50,000+ retail traders worldwide.
Generally, the accounts are suitable for beginners and advanced traders. Each account type supports swap-free trading via LimeFx’s Islamic accounts. The broker is notable for its balanced selection of tradable instruments, including CFD on forex pairs, commodities, shares, indices, and futures.
limefx broker reviews, a forex and CFD broker, serves over 1.5 million clients worldwide, providing access to more than 500 tradable instruments from various asset classes. Watch our insightful and informative trading education videos and enrich your knowledge of online forex trading and the financial markets. Improve your strategies with trading education webinars delivered by our experts. Our exclusive educational webinars focus on forex for beginners as well as forex for advanced traders. LimeFx offers trading on copper futures, as well as energy futures – US light sweet Crude oil, Brent Crude oil, and natural gas.
Once you have registered with LimeFx, you can access the Web Trader App via the Client Portal. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Each idea underscores a currently unfolding trading setup – a bullish or bearish pattern, such as the ‘Engulfing Line (Bullish)’ shown below.