Regrettably, LimeFx does not offer third-party plugins for MT4. Traders can browse the 25,000+ custom indicators, plugins, and EAs available for MT4, but the quality upgrades are not free. I am missing an introduction to the proprietary options, as LimeFx does not list any features and only notes how to access or obtain them. LimeFx offers customizable demo accounts, and I did not find a time restriction, which is good, and how demo accounts should function. I recommend traders select demo account settings similar to their planned live deposits to create the most realistic demo trading experience. LimeFx offers a choice of 300+ trading instruments, Forex, commodities, indices, shares, and futures.
Accounts Comparison
While using the simple and intuitive mobile trading app, you can access expert research, explore technical charts, and view the latest real-time prices. The brokerage firm allows its clients to trade on stocks with zero commission and from as low as 0.1 shares. Customers can trade shares in either direction, long and short, meaning that they will be allowed to speculate on price falls and rises. It is only natural that traders want to have a well-regulated and trusted broker by their side, and because of this, it is a must to check the regulator which oversees its operations. LimeFx is a brokerage firm, which is licensed and regulated by the Seychelles Financial Services Authority with license number SD029. Trading EUR/JPY with LimeFx this month has for sure been a wild ride!
Even with damage, your trade-in device may still qualify for great deals.
Clients of the brokerage firm can speculate on soft and hard commodities like cocoa, coffee, oil, natural gas, and sugar. There is also the option to get exposure to global stock indices and currency futures. Clients of the brokerage firm will benefit from flexible leverage and competitive spreads across the entire commodity range.
What platforms does LimeFx offer?
Alongside charts, trading signals and technical indicators that allow automated trading, traders can download MT4 for Android, Windows, iOS, and macOS. MT4 WebTrader can be launched online and requires no downloads. Traders must submit their name, e-mail, country of residence, mobile number, and date of birth.
Floating spreads
Only the Privilege account type comes close to the average, but to qualify for this account type, you need to deposit at least $10,000. LimeFx is still a relatively new broker, having been established just a couple of years ago. Hence, the company is still working on developing a strong brand name that is trusted internationally.
It’s very good, considering that this broker is fresh in this business and without a reputation. For some experienced traders that are looking for copy trading, social trading and EAs this is not a good choice. With all due respect to FSA and other authorities, they are all lower tier for a reason. A regulated broker can provide you with security, proper education about trading, and stable trading conditions without a doubt. Access a variety of markets with exceptional trading conditions and dedicated multilingual support 24 hours a day. With a flexible trading system, MT4 allows for algorithmic trading and mobile trading, making it one of the most powerful platforms in the market.
LimeFx offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations. Overall, LimeFx is a reliable broker thatprovides traders with an enjoyable experience. Whether you’re a forex trader orother financial instrument trader, this broker can offer you the necessarytools to make informed decisions and succeed in your trading activities. LimeFx’s mobile app also provides push notifications thatinform traders of any relevant news or market updates.
The only asset class that is missing is cryptocurrencies, but in my opinion, trading crypto on crypto-exchange platforms is better than trading them on a regular broker. However, that’s another story.I believe that you will surely find your favourite instrument on this platform and check the trading conditions. LimeFx presents its proprietary web-based trading platform, accessible from the client portal, a mobile app, and the MT4 trading platform, which remains the undisputed industry leader, plus MT5. Mt4 fully supports algorithmic trading from its desktop client and has an embedded copy trading service.
I performed my tests on a Standard LimeFx trading account using the desktop and mobile app versions of the MetaTrader 4 platform. The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with. Established in 2021, LimeFx is an emerging CFD broker based and regulated in Seychelles, serving traders globally. The broker offers access to a diverse portfolio of over 300 tradable instruments across major asset categories. The difference between the bid and ask prices is called “the spread.” The spread is the cost of trading a CFD.
- You can trade manual and automated trading strategies in the MT4 platform.
- Based in the Seychelles, LimeFx strive to provide traders with all of the trading products and services they require to make informed decisions and reach their trading goals.
- Only devices eligible for trade-in as part of the promotion is listed below.
In addition to this, clients of the brokerage firm can trade directly in the browser of their computers and smartphones without any software installation while using WebTrader. Being among the best ways to extend their portfolios and add more stability and less volatility, metals trading is one of the most hugely preferred instruments. LimeFx allows its clients to take long and short positions on the price of precious metals and buy or sell https://limefx.name/ CFDs with competitive spreads. Since traders will speculate on the price movements of these precious metals with CFDs, they will not take physical delivery of the underlying asset. I’m trading through a privilege trading account and I think there is no need to guess why I chose this one. LimeFx offers more than 300 instruments across several asset classes, including FX pairs, commodities, share CFDs, indices, cryptocurrencies, and futures.
Mainly I use two ways for transferring money, the first method is through a bank card and the second one is through crypto currencies. Transactions are always fast and I have never encountered serious delays. Having been a retail trader since 2013, Plamen has gained limefx reviews an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold.
They have had me over for the minmum deposit of £۲۵۰.۰۰ which is not an issue for me, but it could be for people who are convinced to put more money into the scamming scheme. So somebody needs to put this bunch all over social media and any other media outlet that may be interested in them to protect others. I’ll try to find an investigative jounalist who can pick this up and get it splashed over the news outlets. My overall impression of LimeFx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry.
I also discovered that the broker has a ‘best execution policy’, guaranteeing that traders’ orders will be filled under the most favorable price quotes under the prevailing market sentiment. Compared to other brokers reviewed, LimeFx holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security. The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal. However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. The customer support team at LimeFx isavailable 24/5, offering multilingual support.
Your phone may have two options for SIM cards, a digital eSIM or a Physical SIM card. Please select one of the following to continue bringing your own device. To select a digital eSIM, please check your device compatibility below by entering your IMEI number. Traders have access to 9 different timeframes, 3 chart types, one-click trading, exceptional support, customisable charts and a flexible trading experience using MetaTrader 4. Yes, LimeFx has a low minimum deposit requirement, allows micro-lot trading and fractional share dealing, has a Cent account, and has quality educational content, making it a good choice for beginners.
Some regulators mandate compliance with the strictest financial frameworks, whereas others are less rigid. That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand. LimeFx has invested time and energy in developing research materials, which I found quite diverse and unconventional. Its podcast and LiveTV feature are two excellent examples of this, giving traders a unique perspective on currently evolving trading opportunities and market developments. My analysis indicates that LimeFx’s fees are above the industry average, and the broker offers limited client protection.
