Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Tempting trading conditionsHowever, my attention to LimeFx was captivated by its outstanding reputation with traders. Compare LimeFx with the top 3 similar brokers that accept traders from your location. Expert Advisors (EAs) are supported on the MetaTrader 4 platform, so automated trading is possible. With that said, the brokerage does have plans to introduce MT5 in the future. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity.
Opening an Account
To keep up with trending news on LimeFx, you can follow them on social media. LimeFx offers a handful of ebooks and tutorial videos for beginner Traders as well as less experienced Traders. These educational tools are useful when it comes to learning how to navigate the LimeFx trading platform.
Popular Forex Reviews
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. I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LimeFx won’t say. So I am trying to withdraw the £300 that’s left but can’t.To withdraw you have to close all trades easy. So you go to the withdrawal page peer withdraw processing ok.when you go back to trading platform it’s started trading by its self and you can’t stop.
MT4 WebTrader Features
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.
LimeFx received numerous awards for various aspects of its competitive trading environment. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. Security could be bolstered through the use of dual-factor platform authentication. https://limefx.name/ LimeFx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa.
Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. LimeFx MetaTrader 4 trading platform is available on iOS Android and window devices. You’ll find it surprising to know that the app can be downloaded from the respective app stores. Mobile users will benefit from total trade management without having to sacrifice functionality.
BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. LimeFx provides several demo accounts for beginners so they can practice what they’ve learnt before getting an actual account.
LimeFx Academy provides impressive educational features for smaller and less-skilled traders. The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. MetaTrader 4, also known as MT4, is the world’s most popular trading platform chosen by experienced and beginner traders and offers highly customisable web and mobile platforms to suit all trading styles. LimeFx offers 83 forex pairs and 340 tradeable symbols, providing a decent range of trading options. However, its total tradeable symbols are far below the industry average of 3,623.
LimeFx has traders from 180 countries, making it one of the most accessible brokers. Traders must ensure they execute risk management to avoid magnified losses. LimeFx offers negative balance protection, meaning traders can never lose more than their deposits. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.
In addition to an online chat feature, LimeFx gives clients access to 24/5 client support in 45 different languages. This platform is equipped with front-end terminals and back-office reporting functions. Perfectly combined with any of our trading accounts, it also provides you with the essential tools needed to analyse the market and boost your trading strategy. Jeff Anberg is a Staff Editor at BrokerNotes.co and ForexBrokers.com. Along with years of experience in media distribution at a global newsroom, Jeff has a versatile knowledge base encompassing the technology and financial markets.
This review will fully report LimeFx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools. Our product testing extends to the quality and availability of educational content, market research resources, and the accessibility and capabilities of mobile platforms and trading apps. We also dive into each broker’s trading costs, such as VIP rebates, inactivity fees, custody fees, bid/ask spreads, and other fee-based data points. Explore the safest trading environment with fast execution and no requotes.
LimeFx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues. Built-in ability to use EAs (Expert Advisors)le factoring in a suitable risk tolerance and goal timeframe.
- I always recommend that traders check them before evaluating the total trading costs.
- Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs.
- They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules.
You should ensure that you understand the risks involved and seek independent financial advice, if necessary. Please consider our Risk Disclosure.This website is owned and operated by LimeFx. MT4 is one of the most reliable and popular platforms available, and provides essential tools and resources needed for successful online trading performance.
Traders also get 15+ commodity CFDs, 20+ index CFDs, 30+ futures, and 150+ equity CFDs. I find the well-balanced asset selection suitable for most retail Forex and equity traders requiring fewer but highly liquid trading instruments, like day traders. I also like the LimeFx fractional share dealing, which is excellent for smaller portfolios. I like that I can select from a lot of accounts at absolutely any point, giving me the full range functionality of the platform.
Alternatively, you can trade directly through MetaTrader’s WebTrader. The company’s past and present sponsorships with global brands, such as the Korean diving team and sailing athlete Marilena Makri, have set it apart from other brokers. Inexplicably, the daily web-based “Market Insights” column was not reproduced on the research app. Unfortunately, limefx website that’s the only research product available at the site, other than a single “Week Ahead” video and no video archive. A YouTube search uncovered additional videos that haven’t been integrated into the site but the most recent content was more than two months old. Our editors independently research and recommend the best products and services.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. 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.
