That said, trading costs at LimeFx are slightly above the industry average across its spread-only accounts. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that Interactive Brokers offers better pricing overall for traders. Micro Account has the lowest minimum deposit and offers allthe features of our other account types.& access to all trading instrumentson LimeFx. You can trade micro-lots with this account, at 40% Margin call leveland 10% stop out level.
LimeFx Trading tools and analysis
- You can trade Palladium contracts on Spot markets and avariety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and SoybeanOil contracts on Futures markets on LimeFx.
- If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S.
- In our analysis of 23 international regulators across 62 of the best forex brokers, Interactive Brokers is considered Highly Trusted, with an overall Trust Score of 99 out of 99.
- To compare the trading platforms of both Interactive Brokers and LimeFx, we tested each broker’s trading tools, research capabilities, and mobile apps.
- There are hours of webinars and recorded videos, as well as daily market analysis to keep you informed about current market movements.
We’re happy to hear that you’re satisfied with our customer service. Your satisfaction is our top priority, and your feedback is greatly appreciated. LimeFx prioritizes user security through a combination of measures. Their Balance Protection Policy safeguards investments, and segregated accounts ensure funds are kept separate from the company’s operational funds, enhancing financial security.
About this app
The LimeFx website states that the firm supports 27 different languages, which seems quite impressive, so if English isn’t your chosen language, LimeFx may be a good option for you. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. The simplest option would be a straight wire transfer, which will generally take 2 to 10 business days. If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these. Being able to code is an advantage for building these EAs but if not, we found you can find many free or paid ones in the MT4 marketplace. There are also energy commodity products, both spot contracts and futures contracts, which allow you to speculate on the price of crude and Brent oil.
Trading Platforms at LimeFx
I have have deposit multiple time without issues, but when i’m in need of fund, the will try yo block you and make you loose your trades and they are not liable of your looses. We’re happy to hear that you’re satisfied with our assistance and service. Beginner traders will find it easy to deposit and withdraw from LimeFx and be able to trade with tiny amounts of capital.
It goes against our guidelines to offer incentives for reviews. We also ensure all reviews are published without moderation. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. The reason for these https://limefx.vip/ subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed. Sure, there’s plenty of content on how to enter an order, or telling you what a currency pair is and how many trillions of dollars are traded each day.
As well, MT4 mobileapplications are available for both Apple and Android smart devices. LimeFx Demo account is designed to closely resemble the Liveaccount, thereby offering a seamless transition to the Live account for anybodynew and testing the market before putting in their real money. The demo platform willhave $100,000 virtual money when you open the account, where you can check yourtrading strategies under close to actual market conditions.
Of the accounts LimeFx offer, we think their no-commission accounts are a better choice, that said, we think there are better brokers for low spreads. While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the spreads for standard accounts for 20 brokers to see how they performed. The HF Markets Group has won a number of industry awards, including best stock broker, best trading platform broker, and best forex trading app. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Overall, I can’t fault the LimeFx education resources, but make sure to take your own trading success into your hands, and educate yourself. It’s also a good idea to master your strategy on a demo account before switching to a live account. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support.
Help our agents identify you so they can offer more personalized support. Use our international search tool to find a broker that accepts clients from your country. LimeFx has a strong commitment to not just providing the bestpossible customer experience, but also acknowledging its social responsibilityto communities and organizations around the world.
I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements. LimeFx also provides traders with a large amount of market research. This is comprised of numerous daily articles, and occasional webinars that are created by a team of analysts located around the globe.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, limefx reviews and the Chicago Tribune, among other media outlets. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. We’ve made it easy to compare the best forex brokers, side-by-side.
Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. LimeFx provides traders with favourable trading conditions thatare considerably better than many other online trading brokerages. Forinstance, traders achieve excellent execution speeds through their premium MT4and WebTrader platforms.
An advanced trader with trading experience, can become aStrategy Provider and display their trading strategy, knowledge, and expertisein exchange for a performance fee based on copy trades. Three are aimed at beginner to intermediate traders, with a separate pro account designed for more experienced traders. Just note that some accounts are only available in certain countries. It does appear you get good value provided you use the right currency pair. LimeFx provides traders 102 currency pairs (e.g., EUR/USD) compared to Interactive Brokers’s 90 available pairs.
With LimeFx, there are a similar amount of options to get your funds out of your LimeFx account as there are to deposit. The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions. The broker also offers negative balance protection, which protects you against going into debt in times of a losing trading position. A PAMM account takes copy trading to a more advanced level and allows you to sign up as a fund manager, where you can manage funds for investors at a pre-agreed percentage of profits. As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion Markets.
