Moreover, the materials are available in blogposts, PDF documents, e-books, and video tutorials. Also available are free trading courses, webinars, and trading workshops. The workshops take place at LimeFx’s offices in all the jurisdictions of operations. They aim to help traders socialise and learn from each other. With over 20 years of experience, LimeFx is one of the oldest spot forex and CFDs brokers.
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- If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection.
- 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.
They are provided twice a week and are recorded for future reference. LimeFx offers a regularly updated webinar calendar to help traders plan. Moreover, LimeFx assigns a dedicated account manager to beginner traders to accompany them through the first steps of trading. Regarding non-trading fees, LimeFx charges an inactivity fee of $50 for accounts that remain dormant for more than a year. This is considerably low but still significant for long term investors.
LimeFx review – Customer Services and Support
LimeFx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. Follow the account creation process to access the Trade Station demo account. Alternatively, you can download MT4 on your mobile phone, search LimeFx on the broker tab and create a demo trading account.
The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. An LimeFx dealing desk determines the best execution means which can result in LimeFx acting as a market maker or using a dealing desk. Unlike moving averages, the SSI analyses current data and hence can signal a change in market direction before the change happens. Free research, insights, and strategies outlook, along with greatly designed LimeFx tools with LimeFx Plus, Market Scanner, and Trading signals with technical levels all at your disposal. Further on, when you wish to withdraw funds, you may use the same payment methods.
- LimeFx has a knowledge section that consists of research or market analysis tools and education.
- On the negative side, which we think are not so many, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis.
- If you ever need assistance in the future, please don’t hesitate to reach out.
- The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority.
Our LimeFx review found the forex broker offers one of the extensive choices of trading platforms from all online brokers. 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.
LimeFx Platform Review
Everything is exaggerated, as the platform is overly complicated and lacks sufficient explanations despite its abundance of data. It is exceedingly difficult to breach this trading platform, so I do not advise using it. Commissions with most other brokers https://limefx.club/ are $7.00 round-turn, while Active Traders can be as low as $5 round-turn. If you subtract 0.2 pips from each spread, then the spreads appear to be more competitive. Unlike the Trading Station and MT4, the NinjaTrader is only available as a web-version.
LimeFx Slippage And Execution Speed
Countries range from South Korea, United Arab Emirates to Venezuela. The LimeFx Trading Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become LimeFx’s hub for investment advice. One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place. This simplified trading process makes the platform a great tool for beginner traders.
Ratings and reviews
LimeFx also provides the NinjaTrader, a trading platform that is popular with futures trading but also supports forex, stock, and CFDs trading. The platform offers a wide variety of advanced analytical and charting tools and is connected to a myriad of third party trading tools. It also supports automated trading and allows users to create their trading strategies and indicators using Ninja script. The typical spread for the EUR/USD pair with this broker is 1.3 pips for the Standard account and 0.6 pips for the Active Trader Account. This is relatively low compared to the industry average of 0.7 pips. LimeFx charges both spreads and commissions depending on the type of trading account and the instrument traded.
Where is LimeFx Based?
We are much thankful for you taking the time to evaluate our service, Raj K! We put great effort into ensuring that our clients are assisted promptly and effectively, and we are glad to hear that this was the case with your experience with Daniel as well. Your review is important to us and the abundance of substance in it is greatly appreciated. We will make sure to let the agents know that you are happy with their work. The quality of our service is just important to us, as it is to our clients. Our team is always striving to provide the best possible service, and we are happy to hear we’ve been successful in meeting your needs.
However, this is defined according to the LimeFx’s entity, likewise, UK and EU clients would need GBP300 at the start. Our experts find FLimeFx a highly reputable broker since it’s authorized and regulated by some of the most rigorous regulators FCA and ASIC. It is considered low risk since these regulators offer compensation schemes and secure transactions.
Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. We strive to provide the best service limefx forex broker possible, and we assure you that the quality will only improve further in the future. As a client-oriented broker, we are always happy to read feedback like yours.
Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. All CFD option is commission-free, which means costs are included in the spread. This platform is a worthy alternative to Trade Station and MetaTrader. LimeFx operates four subsidiaries around the world that are overseen by different financial authorities.
Moreover, it appears suitable for high frequency and algorithmic trading. LimeFx provides a wide range of products, which include 39 forex pairs and over 32 CFDs. LimeFx provides direct stock trading instead of CFDs on stock.With over 20 years of experience, LimeFx is one of the oldest spot forex and CFDs brokers. The broker is listed in the NASDAQ stock exchange and has headquarters in the United Kingdom.