This guarantees the security of working with LimeFX.LimeFX also has a lot of positive reviews on Google Play and App Store. Users are satisfied with the convenience and benefits of working on trading platforms and praise the user-friendly and simple interface. At the same time, some comments show that the broker still has room for improvement. The TradingGuide team has done deeper research on the LimeFX trading platforms.
- There is a knowledge base on the LimeFX website that includes tutorials on how to use the One Click Trading & Level2 Plugin.
- This is one of the best financial services regulators in the world today.
- We recently added additional liquidity providers to the ECN, which reduced FX spreads considerably, e.g. average spread for EUR/USD is now 0.1 and GBP/USD is 0.3.
- Besides, comprehensive investment opportunities either through their own trading strategy or by following of PAMM account may be interesting for both beginning and professional traders.
The standard version of MT4 is diverse from the LimeFX one, as the trader needs a different modification for each account. Hence, there is an available version of STP and Micro accounts, and a separate one for ECN accounts and Crypto Trading. However, the company moved even further and enhanced the technology with the Liquidity Aggregator that ensures error-free order execution and the best prices.
How Withdraw Money from LimeFX Step by Step:
LimeFX also offers the Inter Bank Market Liquidity which is why i am able to execute my trades very Fast. I love LimeFX because it has different options limefx broker reviews when it comes to trading platforms. You can use TradingViews, which has advanced tools you can use, and you can also use AI to build pine scripts.
LimeFX ECN account is the broker’s most competitively priced account, suitable for all traders, but particularly useful for scalpers, high-volume traders and those who trade with Expert Advisors (EAs). The ECN account allows trading of 50 FX pairs, plus 25 cryptocurrencies CFDs, and is available with the MT4, MT5 and TickTrader. Spreads are floating, starting at 0.0 pip on major FX pairs and a trading commission of 1.5 units per lot traded. LimeFX have a decent amount of educational resources for beginners and robust tools for conducting technical analysis to keep up to date with what is happening around the financial markets. The minimum deposit to open a trading account is just $5 whereas free demo accounts to practice your trading strategies are also available. Our UK team takes a methodical approach to reviewing online brokers.
LimeFX offers 8 of the 11 features, while offering average spreads of N/A which helped contribute to the broker ranking #43 out of 62 brokers in this category. LimeFX reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more. LimeFX is a reputable online broker that has been in business for over 15 years.
Cryptocurrency Trading Details
When we used LimeFX’s platforms, we were pleased with the relevant device compatibility. All terminals can be used directly through major internet browsers as a webtrader, downloaded to desktop devices or used via mobile apps. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
- The ECN model provides direct access to interbank market prices, with no dealing desk intervention.
- Local phone numbers are offered in Russia, New Zealand, Germany, and France.
- But while it offers more features, many investors, particularly beginners, still prefer the simplicity of MT4.
- You also have access to the MetaTrader 4 mobile app for both Android and iOS devices.
- We have studied trading platforms’ operations, trading tools, and thousands of reviews from active clients.
- Our Customer Support team have advised your balance is on your account.
Low spreads allow me to do scalp trades, high leverage and advanced ECN technology fuel my trading confidence. With MT4, MT5, TickTrader and TradingView platforms, I can trade at my convenience. Remarkably, withdrawals are processed quickly within one business day. The support team is always helpful, promptly responding to queries and resolving issues. The ECN account is the most popular, offering the best prices, spreads and execution speeds with access to an interbank liquidity pool.
Client Support
Deposits made via bank wire transfer must be a minimum of $300 or equivalent currency. For WebMoney, Trustly, Neteller, and Skrill, minimum deposits are $50. Demo accounts are available if you wish to practice your trading on different platforms before opening a real account. I personally would start on a demo first before https://limefx.vip/ funding a real account with a new broker. This is because I like to get a feel for the trading conditions to see if they are suitable before making a financial commitment. LimeFX also offer PAMM (Percentage Allocation Master Module) accounts which enables clients (followers) to follow strategies of other traders (masters).
Get access to tight spreads from 0.0 pips, very low commission fees and rapid trade execution speeds. FX spread refers to the difference between the buy and sell prices of a currency pair. It represents the cost of trading and is typically expressed in pips. Spread can vary depending on market conditions, such as volatility and liquidity, as well as the broker’s pricing model. Some brokers offer fixed spreads, while others offer variable spreads that widen or narrow depending on market conditions. The broker is carefully regulated in Australia and the UK by the strictest ASIC and FCA regulators.
GO Markets provide Autochartist and Trading Central which are fantastic for trading signals. MT4 includes many other features such as a news calendar, real time quotes, history centre, one click trading and much more. I personally love the news calendar and history centre in aiding my trading decisions. You simply download the platform for free, install it, and login to your LimeFX trading account. There is a knowledge base on the LimeFX website that includes tutorials on how to use the MT4 platform.
Since then, they have always delivered very competitive trading conditions and not given me any unnecessary hassle. You can trade forex and lots of other instruments on the user-friendly MetaTrader platforms with tight spreads, low fees and rapid executions. The broker does a good job of providing up to date market analysis for inspiring potential trade opportunities and some educational resources to assist beginners. They also have flexible account types, lots of payment options and excellent support.
TradingView
This includes negative balance protection for retail customers and access to third-party compensation schemes in the case of business insolvency. It is good to see the broker also receives a decent trust rating in other customer reviews. LimeFX offers a $10 no deposit bonus (NDB) for the ECN TickTrader account and the STP PAMM accounts. There is also a $1 welcome bonus for Micro accounts and a ForexCup Trading Contest bonus, subject to demo contest terms and conditions. The mobile applications provide the same features as the desktop versions as well as added functionality including push notifications and SMS alerts. Users can also view their account and trading history, execute trades in one click, and toggle between live charts and graphs.
Additional Features
You can sign up for the demo profile directly via the broker’s homepage. When we registered for the profile, it took less than two minutes. LimeFX also offers TickTrader, a new, proprietary trading platform offering much of the same features as MetaTrader and more. LimeFX offers four trading platforms; a proprietary platform named TickTrader, TradingView, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Accounts can be opened in a great selection of currencies including USD, AUD, CHF, EUR, GBP, JPY, RUB, SGD, Gold, mBTC.
Platforms and Tools
Most of the popular styles of Forex trading are catered for with the crypto account, such as scalping and hedging. The spread on crypto trades is floating and there is a 0.5% half-turn commission. The LimeFX UK entity does not offer bonus rewards or financial incentives due to ESMA regulations. As a result, British traders are not able to use a no-deposit bonus, promotion codes, a free welcome bonus, or participate in live account contests. There are a few historical bonus promotions run by the broker, but these were not available to residents of the UK.
For the Cons, the education section with trading videos or webinars is not so rich, beginners better look for other brokers. Our rigorous data validation process provides our readers with quality data they can trust. When testing mobile apps or mobile products, we test on both Apple and Android devices. For Apple, we test with the iPhone XS running iOS 16, and for Android we use the Samsung Galaxy S9+ and Samsung Galaxy S20 Ultra devices running Android OS 13.