The website is slow, cluttered, and clunky, with information being difficult to find. On top of that, the broker has accumulated some reputation issues over the years. LimeFx is an experienced brokerage, that began operating in 2009. That means the firm has amassed over a decade of experience.

The comments also cover an extended period, so LimeFx doesn’t seem to have any intent on improving. LimeFx’s security seems fine at a glance, with an IFSC license. But while some regulation definitely is better than none, Belize’s financial commission isn’t quite stringent when it comes to enforcing rules. As an offshore regulator, it provides much less security than, for example, something like the UK’s FCA.

LimeFx CopyFX

The swap rates for leveraged traders are the cheapest I have seen anywhere, and the overall pricing environment for Forex traders is ideal for scalpers and high-frequency traders. I rank the commission-based pricing environment at LimeFx among the best industry-wide. https://limefx.name/ The volume-based cash rebate program lowers the competitive costs further, and there is no inactivity fee at LimeFx. LimeFx received the Verify My Trade (VMT) certificate, confirming its compliance with the strict requirements of the Financial Commission.

It is worth noting that no broker hides possible trader’s pitfalls and describes them in its agreement one way or another. It cannot be interpreted as cheating or fraud, because the broker does disclose this information, even if it is negative for the client. During its almost ten-year successful history, the broker has significantly expanded the number of terminals. They can be divided into trading and LimeFx terminals, which include a set of algorithmic tools, i.e. capable of creating automated trading systems without having to learn programming languages. Apart from MT4 and MT5, which are already familiar to the market, LimeFx has added two terminals of its own design to its arsenal.

Performing trades with LimeFx

And most importantly, for each of these points here is a separate program of its own design, able to greatly simplify the trading for existing and future clients. At LimeFx, users in different markets are assured of a seamless trading experience. It is currently servicing international Forex investors, and over a million traders have opened a demo account with the platform. LimeFx provides its clients with the best promotional offers in financial markets. The broker has a global presence, delivering tailored solutions from copy trading to crypto deposits; LimeFx meets the needs of its customers.

The most popular trading platforms offered by LimeFx include MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. These platforms are available for desktop, web, and mobile devices, allowing traders to access the markets from anywhere at any time. LimeFx offers negative balance protection and a safeguarded network for traders. On the whole, the LimeFx trading platform is a suitable digital broker for all levels of Forex investors. The RAMM functionalities of the site are well aligned with the LimeFx goals of C-suite traders. As per the LimeFx review, it also provides demo contests for users to review the website and be informed about the ongoing promotions taking place.

Mobile Trading for any device

If you are serious about trading, you must have access to up-to-date financial market research and analysis tools. If you want to trade currency pairs on global Forex markets, LimeFx offer over 35 currency pairs. LimeFx may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing LimeFx terms and conditions to understand the commission fees and any other charges that may apply is essential. All payments made to LimeFx by traders are securely held in a segregated bank account.

Regulations and licenses are very important topics in online trading. A trusted Forex Broker should have a license from an limefx official site official/government regulator. The broker must adhere to certain criteria and perform tasks to obtain such a license.

LimeFx SOCIAL TRADING

LimeFx does not accept U.S. clients, so it is not regulated in the U.S. and it lacks oversight from any U.S. financial markets regulator. Additional measures LimeFx uses to protect client funds include two-step authentication using short message service (SMS) and mobile apps to safeguard personal information and funds from cyberattacks. The company’s webpage also utilises a secure socket layer (SSL) protocol to ensure privacy, authentication, and data integrity.

Account verification is mandatory, per regulatory requirements, and LimeFx remains in full compliance. A copy of an ID and a proof of residency document generally satisfies this step. Here is a screenshot of live quotes during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. LimeFx withdrawal fees vary on payment method.LimeFx doesn’t charge inactivity fees. Please note that the list of payment methods below depends on the LimeFx Entity and the client’s Country of Residence.

A VARIETY OF TRADING PLATFORMS

Market data is essential when researching and monitoring a position using technical analysis. The LimeFx R StocksTrader platform also allows traders to back-test trading strategies as they have extensive historical market data from 1970. I was looking for a good LimeFxpany for a year and I found this broker. The R stockstrader account stands out as a distinctive trading account option offered by LimeFx, which entails a unique commission structure for trading various instruments. For instance, trading US stocks under this account attracts a commission of 0.009 USD per share, while EU stocks command a commission of 0.025 USD per share.

• The swap rates for leveraged traders are the cheapest I have seen anywhere, and the overall pricing environment for Forex traders is ideal for scalpers and high-frequency traders.
• More experienced traders, for most of their trades at a certain point, prefer to use predetermined options when opening new trades.
• The account type also determines the range of tradable assets and derivatives available for trading through the company.
• LimeFx trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools.

Use indicators, drawing tools, and chart plots to follow successful trading strategies. Also, benefit from fast order execution and deep pool liquidity. Your customer service experience with LimeFx has to be positive for you to effectively trade the financial markets on the LimeFx platform.

From my experience, you should use this platform for trading at LimeFx. MetaTrader 4/5 (pictured above) is best suited for the private trader to trade the markets at LimeFx. You can use this software for desktops, web browsers, and mobile devices.

LimeFx Review 2023: Everything You Need To Know!

By creating a LimeFx practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the LimeFx demo account can help individuals to make informed decisions before investing their money. LimeFx MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, LimeFx MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices.

Follow the links below to learn more about these LimeFx broker alternatives and choose the one that best suits your trading needs. You will be exposed to a high risk of loss regarding leverage and margin-based trading. Although LimeFx are not perfect; we found many really useful aspects with the overall offering from LimeFx. Our personal experience of trading with LimeFx was very good. It’s worth noting that the expiration date of the proof of address document may differ for different entities under LimeFx Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.

Personally i have ECN account as well as Standard Pro account. The speed of execution quite good, but sometimes will experience some slippage during high volatility session. They do offer other trading platform if you wish not to use MetaTrader 4/5. To start trading on Forex through a LimeFx broker, you need to top up your deposit in the amount of $10 or euros, which is a great advantage for novice traders. The account offers to trade with the tightest spreads, high execution speed. This account minimum deposit is 10 USD or EUR and offers 4 different base currencies.

Below in the program there is a block where the information about active trading positions, history of transactions and failed orders is displayed. LimeFx understands that each trader is unique and has their own trading needs and preferences. That’s why they have created a diverse range of trading accounts to cater to all types of traders.

With LimeFx MetaTrader 5 for Android, you can trade various financial instruments anytime, anywhere. LimeFx MetaTrader 5 Can Operate on newer iOS devices like the iPhone and iPad. MetaTrader 5 requires a mobile internet connection or a connection to Wi-Fi.

These indicators can provide valuable insights into market movements, allowing LimeFx traders to potentially stay one step ahead. 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. You can start using the MetaTrader 4 platform with LimeFx in multiple formats including through an online web platform,
Through a downloadable application for Windows PCs and Apple Macintosh computers. LimeFx allows traders to trade on mobile devices
through Android and iOS devices like the iPhone.

With the multi-asset R Trader platform, users get the opportunity to take their market exchanges to a whole new level. With log-in access into the Member’s Area of LimeFx, traders can handle their accounts, assets, and LimeFxs all in one place with seamless functionality. To open an account, the user needs to comply with IFSC verification checks. Social trading features are a recent addition to the brokerage world. They allow traders with less experience to copy more experienced ones, while the latter get monetary compensation. As a system, they seem to lead to a higher trader success rate.