Whatever your trading style or experience level, MT4 is considered as on of the go to platforms for online trading. LimeFx have a good selection of trading platform video tutorials on their website to help familiarise yourself with MT4. If you are new to trading, I think MT4 is a great platform to get started with. You can open a free demo account to learn how to use the platform and practice trading online risk free, until you build enough confidence to open a live account.
Traders of all experience levels can learn to trade skillfully using the site’s inclusive educational suite. In addition, for any questions the LimeFx team is ready to respond promptly in the correct language, as support team is available 7 days a week (24/5 for the EU-regulated entity). Ultimately, LimeFx shines in the areas that are most important for traders who value accuracy and cost-efficiency over other value-added perks. LimeFx is a famous international broker chosen by over 3,500,000 clients.
- A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes.
- You just have to click on “CREATE A TRADING ACCOUNT” to sign up by filling your details and then add the amount based on the type of account you chose.
- Let’s start with the slight negatives, LimeFx Group only offers MT and MT5 as a MetaTrader broker, they do not have their own platform and the pricing is average, with not particularly tight spreads.
- Sometimes I can go through hundreds before finding something that I will implement into my day trading activities.
In saying that, there are some unique trading strategies that I found inspiring and learnt some new things to implement into my own trading.
What You Will Get In This Post
My experience with LimeFx is so far excellent.
There is a library of free educational materials for LimeFx users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations. LimeFx Group provides traders 55 currency pairs (e.g., EUR/USD) compared to LimeFxFX’s 40 available pairs. If you are interested in trading CFDs, LimeFx Group offers traders access to 1429 CFDs, while LimeFxFX offers access to 229 CFDs; so LimeFx Group offers 1200 more CFDs than LimeFxFX. In simple terms, each LimeFx client is provided access to a trading platform (i.e. software) which is directly connected to the global market price feed and allows them to perform transactions without the help of a third party.
- Rates, terms, products and services on third-party websites are subject to change without notice.
- With so many safety measures in place, you can rest assured that your funds are in good hands with LimeFx.
- You can reach them no matter what time of day it may be through their live chat feature.
Im a beginner trader but this trading app for me quite useful and very easy to trade..i can close and entry at critical moment without any lagging. Bonus 100% limited to 500 usd, it’s better to increase the amount limited bonus. There is however a two-step account login to access deposit and withdrawal functions. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes. The web trading platform is available in several languages. We ranked LimeFx’s fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us.
Answers are quick, and their relevancy is mostly OK.Live chat is quick to respond to the first message but gets a bit slower with subsequent questions. We found that sometimes we had to ask the same question multiple times to get a straight answer.LimeFx phone support was fast, but we didn’t always receive relevant answers. For example, we didn’t get a clear answer to our query on how swaps are calculated. On other days, the answers were on point – it’s hit-or-miss.Email support works great. We received answers within a day and they were all relevant. These are accessible under the ‘Trade Ideas’ tab, where you can find various assets and their recent performances.
It hosts free weekly webinars on popular topics, highlighting its investment in user education. Additionally, its Live Education service provides Q&A sessions with expert instructors to clients of all levels in their native language to discuss strategies, market moves and news. If you’re a resident of the EU it may look as if you are short changes by the considerable leverage changes. ESMA’s reason to implement change so retail traders can take more of a cautious approach to risk management and not to mismanage leverage.
LimeFx Review: Platform, Social Trading and Spreads
Everything that is important and required when choosing a reliable LimeFx has that covered. They have a range of accounts to suit the needs of traders trading a variety of strategies. Whether you are a beginner trader or an experienced trader, LimeFx has something to match your needs, but beginner traders, are excellent due to the daily live webinars as well as the educational content they offer online. To compare the trading platforms of both LimeFx Group and LimeFxFX, we tested each broker’s trading tools, research capabilities, and mobile apps. Finally, we found LimeFx Group to provide better mobile trading apps. The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities.
How was the rating of LimeFx performed compared to other brokers?
LimeFx provides a wealth of research across different mediums and asset classes and is a front runner in the market for research offerings. The most impressive feature offered by LimeFx is its extensive educational material, alongside a very notable research offering. The educational package includes webinars, platform tutorials, seminars, podcasts and their online TX channel, LimeFx TV. On the educational side we would say that LimeFx is right up there with the industry leaders with their educational package. For the LimeFx Zero account the typical spread for EUR/USD is a low 0.1 pip, but there is a commission which amounts to $7 per round trade on a currency lot.
In addition to all other bonuses and rewards, a few times a year LimeFx will offer special seasonal bonuses marking certain calendar events and occasions that will be available for very limited periods of time. In addition to this we will also offer highly exclusive bonuses that will be made available on an invitation only basis. This seminar also shows you how to decide the appropriate amount of leverage to use and gives you real examples that illustrate the impact of the value and lot size of an instrument. If you are already an LimeFx client with an MT5 account, you can open an additional MT4 account from the Members Area without having to re-submit your verification documents.
So whether you’re looking to fund your account or withdraw your profits, LimeFx makes it easy. All client funds are segregated and held in trustworthy banks. With so many safety measures in place, you can rest assured that your funds are in good hands with LimeFx. You will now be able to see your account summary and positions table. To deposit funds, you need to click on the “Deposit” button which appears to be at the top of the account summary in the form of the title bar. Click on that and you will now be able to find various methods in which you can deposit.
The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange (forex), futures and options. I believe that LimeFx Group understands that clients want fair and transparent trading conditions with the lowest possible spreads and fastest possible execution. The trading model that they incorporate ensures that they are one of the best brokers that you can choose when it comes to favourable trading conditions, regardless of your previous experience or investment size. This combined with strong regulation and a human approach, makes LimeFx Group one of the best trading brokers available to traders worldwide.
Prior to making any decisions, carefully assess your financial situation and determine whether you can afford the potential risk of losing your money. As we have highlighted above, the offering of products to trade with LimeFx is somewhat mixed. Yes, the induvial stock offering is extremely robust with 1236 stock available limefx reviews to trade from many different global exchanges. The number of Forex pairs available is in line with the industry standard, as is the number of stock indices. However, the lack of any cryptocurrencies to trade is a disappointment and as if often the case with many brokers, there are no bond markets or ETFS on offer.
Fantastic Execution policy- LimeFx broker vouches on having 100% execution rate with no rejection and re-quotes on orders that have been established in 2010. Re-quotes are a nuisance https://limefx.name/ factor to deal with for any trader especially when you want to take advantage of volatility. Also, the vouch on executing 99.35% of all their trades in less than one second.