If you are unsatisfied with LimeFx or want to explore other options, we recommend checking out our carefully curated list of highly-rated LimeFx alternatives. Follow the links below to learn more about these LimeFx broker alternatives and choose the one that best suits your trading needs. On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease. Therefore, LimeFx leverage magnifies both profits and losses in trading.
- New versions provide improved functionality and increased stability.
- The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time.
- LimeFx withdrawal fees vary on payment method.LimeFx does charge a fee for inactive accounts.
- For those using one of these platforms and seeking advanced forex charting software, there is no need to look elsewhere.
- Free demo accounts are available if you don’t want to take any risk whilst practising.
Wherever you slice it, they have yet to disappoint me in ways that matter. I will keep using their services as long as they stay this reliable. I can picture my collaboration with the broker is mostly positive for me.
Trade
I think it’s one of the most lucrative forex brokers I’ve ever seen. I think it’s a trustworthy broker from what I understand in the forex industry. The simple fact that LimeFx has been providing its services since 2010 continually tells a lot about the credibility of the company.I used to pay attention to the background of any entity first.
- This detailed LimeFx review has been researched and fact checked by industry experts with over 30 years of financial experience in Forex trading, CFD trading, Share Dealing.
- Do not invest with LimeFx unless you are prepared to lose all the money you invest.
- LimeFx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform.
- For instance, using CFDs, you use the LimeFx trading platform to buy/sell $10,000 worth of Apple Computer Inc.
- When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds.
Tight spreads and favorable trading conditions are not mere marketing cliches when it comes to LimeFx. Overall, LimeFx is a multi-asset brokerage firm that gives you access to trade over 200 financial instruments via the popular MT4 trading platform. You can benefit from a range of competitive trading conditions, such as low spreads from 0.0 pips, zero commission fees and reliable execution speeds. There is only one trading account type but several payment methods for you to choose from.
LimeFx Metatrader Mobile Application Features
But this platform has none of the major trust problems, reliability issues, dubious questions about withdrawals and deposits. Traded here for a while initially on demo, then traded couple of months on a live account. Everything was okay, yeah sometimes I made fatal mistakes, but as I learned, traders should never give up, so do I. Maybe one of the reliable brokers I’ve worked with, and I’ve worked with a bunch of them already. It’s good to know that your funds are safe and sound while you trade. Because I get enough stress at trading, so I don’t need it outside of it.
Technical language and terminology can be confusing with brokers like LimeFx. Choosing or shortlisting a trading platform like LimeFx can be time consuming. Choosing a trading platform requires a significant amount of research and analysis. It can be challenging to understand each platform’s various features and benefits, especially with a complex trading platform like LimeFx. But it’s worth mentioning here that past performance never promises a profitable future.
With Negative balance protection, traders cannot lose more money than they have deposited. https://limefx.group/ is considered good and reputable to trade with LimeFx. LimeFx offers Forex trading, CFD trading, and Share Dealing trading. It’s worth noting that the expiration date of the proof of address document may differ for different entities under LimeFx Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.
Is LimeFx trading Legit?
For instance, using CFDs, you use the LimeFx trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed. With Autochartist, LimeFx traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs.
What we don’t like about LimeFx
The broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. limefx website’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades. Keep reading our LimeFx review to find out if this broker would be appropriate for your needs. I’ve never experienced a broker like this one , I get my withdrawals same day with BTC. Trading conditions and execution time is out of this world.What mostly makes me happy the most is the 0 spread and zero commission. As a day trader this has remarkably increased my perfomance.
LimeFx MetaTrader 5 on iOS Devices
Don’t be scared off by brokers like LimeFx charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms. LimeFx partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices.
I take advantage of broker’s competitive pricing and market execution to apply trading bots. Perhaps, it’s one of the most significant characteristics for traders. Great service, smooth trading experience with no problems.
Besides the ability to trade Forex and CFDs, LimeFx MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices. MT5 was launched in 2010 and came with advanced charting tools, additional timeframes, and an updated version of MetaTrader 4. MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. Whether your new or an experienced trader, a risk-free demo account is a great way to experience the benefits of ECN trading with LimeFx. You can practice your forex trading skills or test new strategies without making a financial commitment. Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading.
It is important to note that LimeFx may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the LimeFx platform and features immediately. However, you must pass the verification process to start live trading with LimeFx, which can take up to a few business days.
