LimeFx vs LimeFx 2023

Traders do not need to make a deposit to access the demo account which takes less than 10 seconds to set up. LimeFx offers Autochartist for free to all live accounts and also the demo account on a delay of five candlesticks. LimeFx provides guides to help beginner traders familiarise themselves with this technical analysis tool. Users can also get additional information on the Autochartist website. LimeFx provides users with tools to copy the trades of savvy traders and replicate them in their accounts. The process involves linking to the Myfxbook, AutoTrade or Expert Advisors services.

In this instance we asked for an update on the current turnaround time for new account documents to be processed and got an answer to our question within minutes. The platform provided by LimeFx is the ever-popular MetaTrader MT4. LimeFx offers a great range of materials to help traders build up their knowledge and therefore trade safely.

• LimeFx’s educational content is nearly up to par with the average industry offering.
• However, its news feed is not well structured and charting tools are poorly designed.
• Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies .
• That said, LimeFx still can’t compete with industry leaders like IG and Saxo Bank when it comes to depth, personalization, and overall quality.
• BrokerChooser gave LimeFx a 4.5/5 rating based on analyzing 500+ criteria and testing via opening a live account.
• LimeFx is primarily a forex trading broker with over 60 currency pairs available to trade.

BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . LimeFx has a handful ‘experts’ who publish daily blog-like posts that explain and comment on market events. These short posts often showcase a chart and present trading opportunities. You can contact the experts if you have any comments or questions.

LimeFx Review 2023

All traders like to know that their broker gives priority to client protection, and on this topic, LimeFx is hard to beat. The regulatory framework, KYC protocols, cyber security set-up, Negative Balance Protection and segregation of funds are all of the highest standard. One standout feature of LimeFx’s set up is that if offers NBP safeguards which stop clients from losing more money than they deposit on ECN accounts. Most brokers don’t offer an NBP and ECN combination, so LimeFx scores highly by combining the two.

Speculate on the price movements of Gold and Silver against the US dollar and diversify your trading portfolio.

You can only deposit money from accounts that are in your name. To have a clear overview of LimeFx, let’s start with the trading fees. To read much more details about the broker’s services and features, expand on the sections below. LimeFx processed nearly all client withdrawal requests within 24 hours.

LimeFx vs LimeFx 2023

LimeFx offers markets in a variety of asset groups including forex, cryptocurrencies, stock indices, metals, energy commodities and bonds. Markets in individual stocks are due https://limefx.club/ to be rolled out on the MT5 platform in the near future. Trying out the service will aid your understanding and give a glimpse of how good the trading experience can be.

LimeFx’s education section consists of an extensive glossary, video tutorials and educational articles. For the most part these are fairly basic and cover the fundamentals clients will need to get started. We did find a few complaints regarding the level of professionalism and knowledge of the support staff.

NO RISK

By offering traders the choice of MetaTrader’s MT4 and MT5 platforms LimeFx provides access to the most popular retail forex platforms in the world. MT4 been used by millions of traders for many years and is very much the benchmark by which other platforms are measured. MT5 is the lime fx second-generation version of the platform and introduces a range of innovative features and markets. In terms of dashboard functionality, it’s to LimeFx’s credit that the range of extra LimeFx support services complement, rather than get in the way of the trading experience.

This step also involves agreeing to LimeFx’s terms and conditions and opting in or out of its mailing list. Compared to other brokers, LimeFx is adequately regulated. As mentioned earlier, this broker has operations in most countries across the globe, meaning that it is trusted even in jurisdictions where it does not have a regulator. This broker has recently started offering Bitcoin, Ethereum and Litecoin. These can be traded without the need of a special ‘wallet’ and can be bought using USD, the GBP and Euro.

Numbers such as these are just hard to beat, and LimeFx unsurprising scores highly in this category. Once set up it’s possible to trade a wide range of asset groups. Markets supported include, forex, stock indices, cryptocurrencies, and commodities with stock trading via the MT5 platform reported to be available soon.

LimeFx offers clients a choice of two platforms, MetaTrader 4 and Web Trader, which is a browser-based version of the same platform. LimeFx doesn’t seem to have any proprietary platforms on offer. LimeFx was founded in 2014 by Brothers Ingmar and Illimar Mattus, both long-time forex industry entrepreneurs with significant experience in financial services.

LimeFx pros & cons

Always be careful with forex and CFD trading, as preset leverage levels may be too high. LimeFx has a great mobile trading platform, we really liked its design and user-friendliness. LimeFx has a great mobile trading platform, offered by MetaTrader 4. It is a well-designed and user-friendly platform with a good search function. As per our data, your case was resolved and our team responded to you on timely manner. We always try to provide our clients with the best services and support.

The low commission on the VIP account is especially attractive, but a $50,000 deposit is required. The higher commission on the Pro account is about average for similar accounts, though spreads can add an unknown factor. The website is reasonably easy to access and navigate using mobile devices. MT4 can be installed as an App on iOS and Android devices.

Customer support is available via email, phone, call back and live chat. Support is advertised as being available 24 hours a day on business days. LimeFx also offers bespoke solutions for money managers and institutions. $50,000 deposit required to access really low commission. Select one or more of these brokers to compare against LimeFx. Read our full explanation and accounting of our research and testing process to learn more about how we test.

Account opening is fully digital, fast and straightforward. You can fill out the online application form in a matter of minutes. There are only a handful of exceptions, the most notable being the US, Canada and Japan. Whether your issue was not resolved yet, kindly contact our Support team at to assist you further. We would appreciate you contact our Support team at to discuss this topic with you and find an optimal solution for you.

After confirming our account details a genuine member of staff, rather than a bot, immediately started engaging with us on our chosen topic. Once completed the log-in details for the MT4 platform, which are different from those used to access the LimeFx site itself, are sent via email. This email was sent instantly so there was no delay in getting access to MT4 to try out trading.

select the type of account you would like to open

If you are not sure about your local currency and spot metals trading regulations, then you should leave this site immediately. As most IBs want something custom specific to their needs, having a solid technical solution in the backend with automatic calculations and allocations simplifies a great deal for the broker. When you add FX IBs from https://limefx.club/ various nations or who speak other languages, you may maximize the value of reaching new consumers. You may want to increase the number of traders you have from other countries if ESMA requirements tighten. Having IBs all over the world can help you diversify your customer base and mitigate the impact of new restrictions on your business.

After you download the MT4 mobile trading platform, you have to select the relevant server, e.g. LimeFx has a fast and easy account opening process with quick verification. Low forex fees are mainly the result of the low commission LimeFx charges. The commission is 2 base currency units per lot per trade. For example, it is €2 per lot per trade for EURUSD, £2 per lot per trade for GBPUSD, etc.

Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. Please come back often as broker services are very dynamic and can improve or deteriorate rapidly. Basically they are taking over my account and forcing me to watch how they close my trades and I have to swallow all the losses. Another unique competition is the NFP Machine competition in which clients predict the price of a specific instrument 30 minutes after US non-farm payrolls are released. The prize is $500 for an exact match or $200 for the closest guess.