Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. LimeFx is a trustworthy and legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most reputable financial regulators. In the European Economic Area (EEA), the broker follows the guidelines laid down by the Markets in Financial Instruments Directive (MiFID). It is unlikely that scams or fraudulent firms are operating under the company’s name. The current 100% First Deposit Bonus (up to $2000) promotion for non-EU clients doubles account equity with the first deposit.
They do not provide live chat support, and their phone and email support can also be slow. As part of our LimeFx review, we review customer service options, response times and problem resolution effectiveness on the LimeFx trading platform. The LimeFx trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian. The effect of leverage on profits and losses magnifies them in both directions. 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.
In addition, currency conversion fees may apply if the LimeFx withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from LimeFx. Awareness of these LimeFx fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your LimeFx funds. Visiting many broker websites, all of which have different language uses.
LimeFx MetaTrader 4 (MT
These checks are a standard practice that helps LimeFx maintain a trustworthy financial environment for its 10,000 users. Detailed information on the LimeFx trading platforms is available on their website. Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
- Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store.
- In addition, you can program your own automated trading robots using MetaTrader’s programmable language, MQL4.
- In other words, LimeFx leverage profits and losses are magnified when trading.
- Using
MQL4 you can build-up your own library of custom indicators, scripts and
function database.
In addition to this,
LimeFx also offers the possibility to use the extended security algorithms of
Public Key Cryptography. Information secured in this fashion is virtually
impossible to hack in any short amount of time. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry. At LimeFx account offerings there are three ECN accounts divided by the level of trading size, experience, and particular demands. Some of the accounts feature extra benefits of zero swaps, commissions, or mark-ups, or maybe fully tailored solutions for active traders or those who operate bigger sizes.
Take Control of Your Trades
On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LimeFx leverage magnifies both profits and losses in trading. Like other brokers, LimeFx margin requirements can differ depending on the traded instrument. Download the Metaquotes MetaTrader 4 Program free of charge from Apple’s App Store. LimeFx customers have instant access to the financial market and can completely manage a Portfolio on the go. LimeFx are able to accommodate various levels of traders whether you are experienced or a beginner.
User funds are also segregated in separate bank accounts at leading international banks so your money is safe from scammers. There are plenty of funding methods available at LimeFx, including bank cards, wire transfers, e-wallets such as Skrill and Neteller, plus alternative online payment methods like Rapid Transfer. LimeFx offers leading fees compared to alternatives with spreads as low as 0.0 pips and $0 commission.
If you want to trade currency pairs on global Forex markets, LimeFx offer over currency pairs. Depositing funds with LimeFx ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if LimeFx were to go out of business unexpectedly. MetaTrader 4 includes trade alerts, a handy tool to help you track the most
favourable trading environment and market conditions.
LimeFx MetaTrader 5 (MT In Detail
Using Autochartist can save LimeFx users time and makes the trading process more efficient. This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. However, if you’re looking for a broker that does offer cTrader, you can explore other options available through the provided link. 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.
Need Support?
Over 70 currency pairs are also available, providing more opportunities than most competitors. Andrew has a well-established career in fintech and came up with comparebrokers.co to make
trading on financial markets more transparent and accessible. With Negative balance protection, traders cannot lose more money than they have deposited. LimeFx withdrawal fees vary on payment method.LimeFx does charge a fee for inactive accounts.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money. The LimeFx MetaTrader 5 trading platform is available on Android smartphones or tablets powered by the Android 5.0 or higher operating system. Take the time to understand all of the LimeFx Android MetaTrader 5 features.
They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their LimeFx clients’ funds. Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market. I appreciate the support team of the LimeFx broker for the help I get here in terms of conversations and questions that I ask about different issues. I was attracted by low margin requirements, high leverage and tight floating spreads. Together with the NDD/ECN executions, the broker’s offer is far above the middle range of the industry. Some traders might not like the light level of regulation, but the trading conditions speak for themselves.
A true STP environment, offering anonymous tradingwith no-quotes & no stop-loss hunting
All the orders, stops, limits, and trades are executed with counter-parties. What is also great, LimeFx used technology to provide efficient and transparent pricing with the most possible low spreads. In addition, there is a range of ECN trading accounts that are designed to suit their own needs and requirements. The platform, which is free to download, is packed with advanced trading features, including a built-in library of over 50 indicators for technical analysis.
A wide array of charting tools is now at hand to support your trading activity – 30 of your favourite technical indicators, various time frames and real-time updated market prices. Now it is that easy to power on your trading plan through your iPhone/iPad/iPod Touch or Android. FX Central Clearing Ltd (/eu) provides services to the residents of countries from the European Economic Area (EEA) only.
MT4 on LimeFx offers traders comprehensive features and tools to enhance their trading performance. The LimeFx MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the LimeFx platform to their needs. One of the standout features of MT4 is its charting functionality, which allows LimeFx traders to analyze price limefx review movements and make informed trading decisions. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process.
This detailed LimeFx review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Share Dealing. MetaTrader 4 includes a whole range of easy-to-understand functions, so it
only takes a few minutes to get comfortable with all the different options
available to you as a trader. All information on 55brokers.com is only published for general information purposes. We do not present any investment advice or guarantees for the accuracy and reliability of the information. Traders of any level and expertise can learn even more deeply through the provided range of educational resources and analysis in two distinct forms technical and fundamental analysis. The daily technical analysis is available directly on the website with updated information and a successful retest of the next sufficient momentum.
However, the majority of withdrawals take up to give working days to clear, apart from Skrill and Neteller which are processed in real-time. Clients will also need to pay rollover fees as well as a $5 dormancy charge on accounts that have been inactive for 120 days. Live spreads average at 0.2 pips for EUR/USD and around 1.0 pip for GBP/USD. LimeFx has https://limefx.vip/ a webpage with a 15 minute average spread chart for major instruments, including spot gold and silver. This includes trading opportunities on the Dow Jones and NASDAQ in the US, the FTSE in the UK, plus the CAC in France. Stocks, currency and other commodities and instruments will be brought or sold by LimeFx even if no buyer or seller is lined up.