LimeFx Review Based On Fees + Features Updated 2024

As such you can expect to invest in 40 different currency pairs, stock index CFDs, stock CFDs, commodity CFDs, and crypto-derivatives. Does this raise the question as to why CFD trading appeals to investors? CFD trading is a type of derivatives trading which means that you trade on prices derived from underlying markets. This Broker […]

LimeFx review

As such you can expect to invest in 40 different currency pairs, stock index CFDs, stock CFDs, commodity CFDs, and crypto-derivatives. Does this raise the question as to why CFD trading appeals to investors? CFD trading is a type of derivatives trading which means that you trade on prices derived from underlying markets. This Broker sets itself apart from other brokers by offering a commission-free trading structure on regular accounts.

LimeFx review

How to Open an LimeFx Account – A Step by Step Guide

The minimum deposit amount required to register an LimeFx live trading account range from $50 USD to $300 USD. LimeFx’s proprietary Trading Station platform is compatible with iOS and Android mobile devices. In summary, the LimeFx web trading platform is highly customizable, supports heaps of order types, and has a plethora of educational resources from online Live Classrooms, to Free SMS Trade Alerts. LimeFx is an internationally regulated broker, but you should make sure that it’s regulated in .

LimeFx Platform Review

However, you can get spreads from just 0.0 pips on the raw spread account but that does incur a very competitive $5 round trip commission fee on top. Overall, I think it is fair to say that the costs are quite low, although you can get $4 per round trip and 0.0 pip spreads from FXTRADING.com. They offer traders the possibility to customize trading platforms, and LimeFx offers 35 free plugins. LimeFx offers floating spreads, but without the price improvement, average ones can be somewhat high.

  1. Capitalise.ai is a powerful tool for traders and investors and allows to automate the trading based on a pre-defined trading strategy.
  2. The ForexConnect API offers the same functionality that is available on the powerful LimeFx Trading Station.
  3. When a trade necessitates currency conversion, this broker imposes fees for such alterations.
  4. There are no account minimums, enabling traders of all sizes to start their forex trading journey as they see fit.
  5. The MetaTrader Web Platform (Web Trader) is a slightly stripped-down version of the desktop platform.

Where is LimeFx based?

This broker allows you to trade financial products, including forex, stocks, indices, commodities, and cryptocurrencies. Moreover, headquartered in the United Kingdom, they capitalized on the emerging internet environment of the early 2000s to revolutionize forex trading via online platforms. Overall, This Broker is considered low-risk, with an overall Trust Score of 96 out of 100. They are licensed by two Tier-1 Regulators (high trust), two Tier-2 Regulators (average trust), and zero Tier-3 Regulators (low trust). They offer one CFD retail trading account and Spread Betting, Active Trader, and Professional Trader Options on this account.

LimeFx Trading Platforms

You may use TradingView every day and conduct your demo and live trading with LimeFx since it includes live quotes, stock charts, and expert trading suggestions. I think this is one of the best charting platforms out there and is ideal for anyone who like to get down to the nitty gritty of market analysis. You can get access to TradingView through a few other select brokers including Oanda. TradingView is a social network for traders and investors on Forex, Futures and Stock markets. With Live quotes, stock charts and expert trading ideas, you can use TradingView every day and have the ability to execute your demo and live trading with LimeFx.

LimeFx review

LimeFx Deposit and Withdrawal

Not only does LimeFx offers a choice of 4 trading platforms (2 of them the best social trading platform) the broker also offers 7 speciality platforms. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with LimeFx’s active trader account are cheaper than they may appear when you compare with other brokers as LimeFx off lower commission fees.

✅Indices – Furthermore, traders have access to seven key global indices, which allow them to trade on larger market patterns and the economic health of individual countries. Indices trading with this broker provide exposure to market sectors and may be used as a hedge against individual stock volatility. The broker provides many trading platforms, including the proprietary Trading Station, MetaTrader 4, TradingView Pro, and ZuluTrade. https://limefx.name/ This distinctive attribute brings algorithmic trading within reach of a more extensive user base. Furthermore, Capitalise AI’s compatibility with this broker empowers traders to leverage market opportunities through sophisticated yet uncomplicated tactics. Within this particular account framework provided by the broker, traders gain access to various markets, encompassing cryptocurrencies, currencies, commodities, and indices.

For these reasons, I rate Trading Station highly among the dozens of proprietary platforms I have tested. Professional and corporate accounts are also available upon request. LimeFx has strong regulatory credentials with oversight from several respected financial watchdogs. You can always rely on our team to answer any questions and provide more information, so if you ever find yourself in need, do not hesitate to contact us. We’re thrilled to hear that you had a satisfying experience with LimeFx. If you ever need anything else, please don’t hesitate to reach out to us.

I prefer the desktop platform as it has the most functionality and supports automated trading. I think MT4 is an excellent choice of platform for anyone who wants to develop their own trading strategies for both manual and automated trading. It is very easy to use with a fully customisable user interface that makes trading online a breeze. Keep in mind, when you trade on LimeFx’s MT4 platform, the execution, trading features, and settings may vary from that of the flagship Trading Station platform. I like how the broker offers free MT4 EAs and apps that can automate part or all of your strategy, saving you crucial time in technical analysis. For professional traders, the Trading Station platform offers up a world of potential prospects with bespoke indicators, strategy optimization, strategy backtesting, and powerful charting.

Stop losses, take profits, and trailing stops can all help in managing your positions that are currently open. Limit orders can help you manage entry into a new position, and margin calls from the broker will ensure your equity never drops below a certain point. Indices trading at LimeFx is available on a total of 13 different indices from around the globe. This physical presence shows how the company has now grown into a worldwide broker and one of the foremost in the industry around the world.

Further to having some of the best regulatory oversight in the industry, LimeFx’s regulated entities also make a number of other considerations to help protect you as a trader. This protection means that you are unable to lose more than the money available on their account. Their low $50 minimum (applies to non-EU and UK clients) deposit makes them extremely accessible alongside a rewarding active trader program.

With the press of a button, you may modify your plans based on their results. Use the Capitalise.ai app on your iPhone or Android to manage your trades on the fly; edit, halt or automate new trading methods. A minimum deposit of $50 is required to get started with the broker. Lastly, the broker has trading instruments from a limited limefx scam number of asset classes when compared to industry leaders such as IG. Forex Capital Markets (LimeFx) is a well-known online brokerage that provides forex, CFDs, and spread betting services. The broker was established in 1999 with the goal of providing access to financial markets through new tools and excellent trading conditions.

It allows you to trade without any additional software, only an internet connection is required. The Web Platform allows users to trade directly from any browser and operating system. Users can draw inspiration from the massive community active on TradingView with features such as the ideas stream. The TradingView platform has the rare combination of being powerful in its functionality and intuitive with a well-designed interface. Swap fees (the cost of holding a position overnight) were average at LimeFx.