LimeFx review

Alongside writing and editing, Marko works on projects related to online technology and digital marketing. While the interface seems dated, asset browsing is set as the default homepage and traders can execute contracts in just a few clicks. The charting feature is familiar, as similar charting design and functionalities are used by other brokers. Traders who use excessive leverage may be at risk of a margin call and having their positions closed prematurely by LimeFx. Traders can upgrade to a live version directly from the demo platform’s dashboard. On November 10, 2017, Global Brokerage Inc., a publicly-traded company on the US NASDAQ exchange, announced a reorganization bankruptcy plan under Chapter 11.

Active Trader Account

However, trailing stop-loss orders are only available from the desktop. In order to change the language of the MT4 app, you must change the language for your entire phone. As with desktop and web, the interface is not the most intuitive but the MT4 app offers an above-average range of features. We judged the trading related fees (spreads, commissions and swaps) for the Standard Account at LimeFx to be average and in some cases better than average for the industry.

LimeFx review

US traders welcome at these brokers:

LimeFx review

Outstanding research and education resources round out an above-average offering from this veteran forex and CFD broker. Most CFD brokers have materials catering to beginners, but LimeFx provides value to both novice and advanced traders. The LimeFx mobile app (Trading Station Mobile) is well-designed and easy to navigate. It provides an above-average range of order types, including market orders, limit orders, stop loss orders, and trailing stop orders. Time-in-force conditions such as GTC (Good ‘Til Canceled), IOC (Immediate-Or-Cancel), and FOK (Fill Or Kill) are also available. Joey Shadeck is the Content Strategist and Research Analyst for BrokerNotes.co and ForexBrokers.com.

LimeFx Leverage And Margins

LimeFx does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The LimeFx Demo Account comes pre-loaded with  £50,000 in virtual funds. As we have already mentioned, LimeFx does not charge trading commissions. Simply put, you can open and close positions without having to worry about trading commissions. Consequently, the trading fees are included in the variable spread, which fluctuates throughout the day based on the overall market conditions.

Eliminating the mingling of personal money with operational expenses and bolstering monetary safety measures. They provide very well for an extensive number of features and tools to help you get the most out of a trading experience. You will also have access to the latest news, research, and an economic calendar right there in the trading platform. Most of these are also available free of charge to LimeFx traders and can be applied on desktop, webtrader, and mobile. The broker also allows for you to customize these APIs or code your own algorithms in Java, C#, HTTP, and more languages.

  1. LimeFx provides four free API solutions for traders across the spectrum to develop automated trading solutions that communicate directly with the LimeFx trading server.
  2. I used to use LimeFx when they were starting out around the early 2000s.
  3. The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base.
  4. I was impressed with the amount of free educational content that LimeFx has available.
  5. Just go to the LimeFx.COM website and over there you are given two options- 1.
  6. In terms of financial strength and stability, LimeFx is among the world’s top forex and CFD brokers.

The broker offers a variety of platforms to trade on, including MetaTrader 4, NinjaTrader, ZuluTrade, and the Trading Station Mobile App for iOS and Android users. LimeFx provides customer support via live chat, phone, and e-mail, with free international dials. We will have the access to activate any account types offered by LimeFx. When a trader registers under an LimeFx broker he explores different modern and exciting trading platforms.

LimeFx review

You should note though that this offering is not available in all countries, while they do also offer stock baskets also known as blends that are not offered by too many other major brokers. These include the fact they are no longer regulated in the US as well as the fact their asset selection is a little limited compared to many of the top brokers. WhatsApp, email, live web chat, trading desk, physical international offices, and international free customer service phone numbers. LimeFx broker offers bonuses in the form of either Rebates or Special offers.

That being said, it is great to see that LimeFx have also included a very generous range of additional tools to help support your day trading activities. You certainly won’t be short of inspiration for trade ideas with this broker. LimeFx offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips. limefx reviews Active traders can take advantage of the Active Trader account, which provides access to elite pricing, dedicated support, API trading, and market depth via Trading Station. The online broker even provides wholesale trade execution and liquidity solutions for retail forex brokers, smaller hedge funds and emerging markets banks through its LimeFx Pro service.

And don’t be upset because depending on which payment method you are using the money transfer time may change. Once LimeFx confirms your address proof, you will be redirected to MYLimeFx (Personal area) and start trading. LimeFx Group is regulated under several jurisdictions and the broker has strong regulations. To stand straight as a prestigious and trustworthy brokerage firm, LimeFx is regulated by FCA, ASIC even FSCA. If we want to know about LimeFx from a bird’s-eye view, then we should consider some basic but important aspects. And one of the major pieces of information about LimeFx is the broker originated in 1999 and has its headquarters in London, UK.

In terms of trading view pro, you need to deposit $300 and trade a minimum 500,000 trading volume to be able to open your platform access. We provide broker reviews and ratings to help users find a suitable broker according to their own needs. However, you must do your own due https://limefx.group/ diligence and make your own decisions when choosing a broker. This compensation should not be seen as an endorsement or recommendation, nor shall it bias our broker reviews. Any rates, terms, products and services on third-party websites are subject to change without notice.

Extensive security protocols are implemented to safeguard customer funds and confidential data, ensuring a secure trading landscape. By 2010, it had established itself as a major participant in worldwide retail trading, with a rising customer and well-known brand. Overall, LimeFx Review can be summarised as a trustworthy and well-regarded entity within the online financial trading arena. This Broker has a global presence in crucial financial hubs like Cyprus and Canada.