However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners. These combine well with LimeFx’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month. Another big downside is the lack of web trader compatibility, which I find convenient because it provides straightforward and fast market access. LimeFx’s investment offering is excellent for forex traders but weak in other departments.
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. My only disadvantage is that you are limited to 50 lots per trade so you have to open multiple orders. While they could make some more account options, the only account available fits all kinds of trading strategies.. It is worth mentioning that they don’t charge trading fees,, which is rare for an ECN account.The only platform available for trading is MT4, keep this in mind.
There are certain features that i don’t really like but the way developers designed ECN XL account packing it with all contemporary instruments and attractive trading conditions is remarkable. Plus, the order execution leaves no questions, orders are executed fast, no bugs, no freezes or lags. Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. LimeFx has unusually competitive dealing spreads that you can gauge by opening a free demo account. LimeFx ECN XL account holders pay no commissions to trade any supported asset. Dealing spreads for forex pairs and CFDs can vary from 0.0 pips upwards depending on the liquidity and trading volume of the asset involved.
- MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies.
- The broker supports the popular MetaTrader 4 trading platform with multiple terminal capabilities and a multi-account manager.
- LimeFx provides assistance to trading clients via its 24 hour Monday through Friday multilingual customer support service that features dedicated account managers.
- Information secured in this fashion is virtually impossible to hack in any short amount of time.
- This is a convenient range and I was especially happy with the inclusion of crypto payments as these are highly flexible and should work for traders based almost anywhere.
There are a few features that indicate that LimeFx is a good broker for beginning or new traders. Discussed individually below, these features include educational tools, customer support, and client monetary protection. LimeFx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.
Wire transfers incur a $30-$45 flat fee (minimum limit of $500), many times more than the $5 withdrawal fee at eToro. Yes, LimeFx operates under strict regulations to ensure compliance with financial authorities and maintain a secure trading environment. MetaTrader 4 includes a whole range of easy-to-understand functions, so it only takes a few minutes to get comfortable with all the different options scammed by limefx available to you as a trader. The platform has a built-in „Help” function so you can get answers to the most common questions directly from within the software itself, so you can concentrate on the important stuff – trading. Those looking to trade metals can choose from spot gold, spot silver, and spot palladium, all versus the US dollar or, in the case of spot gold, the euro.
Submit Your Own Review of LimeFx
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. It’s a good broker for intraday trading because trading conditions allow to earn on every move.
Traders #1 ChoiceECN XL Account
Our broker ratings are also informed by the experience of our researchers during the evaluation process. You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at LimeFx we never disappoint. Our clients can access the FX markets on all the preferred devices; mobiles, tablets, laptops, PCs and through using remote servers. Our preferred partner for accessing the markets is MetaQuotes Software Corporation, the creators and developers of the world renowned, award winning and most popular FX trading platform there is, MetaTrader 4. LimeFx supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.
In addition to offering free access to a Virtual Private Server (VPS), LimeFx currently offers an attractive bonus to account openers. You just open an account and make a deposit to receive an impressive 100% deposit bonus in your trading account up to a maximum amount of $2,000. Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit. Lastly, there are several offers on hand for Forex traders. In addition to the aforementioned Forex ECN XL trading account, LimeFx also offers a VPS and depending on regulation – deposit bonus. Clients can trade using a Virtual Private Server, which LimeFx says can give them three main advantages, including accessibility, security, and speed.
MetaTrader 4 is one of the most popular forex trading platforms in the world today. All the necessary trading tools and resources are on hand to allow traders to conduct research and analysis, enter and exit trades and even use third-party automated trading software (Expert Advisors or EA’s). MetaTrader uses its own programming language MQL4, which allows you to program your own automated trading robots. Excellent broker with tight spreads, commission free trades, low swap charges fast deposits and withdrawals, no chart manipulation on live accounts, quick live support etc. I am using more than one year and I hope LimeFx will be provided above all of services by maintain their quality services for their users always. The broker supports the popular MetaTrader 4 trading platform with multiple terminal capabilities and a multi-account manager.
As for my experience of cooperation with this company, then everything is ok. calm trading and nothing else. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
In our experience, the 0.2-pip average spread on EUR/USD is far tighter than most commission-free accounts, which regularly charge 1 pip or more for this major pair. The most frustrating absence is stocks, which are entirely missing, though traders can at least speculate on stock markets through index CFDs. Withdrawals at LimeFx are also disappointing, with all methods besides cards and wire transfers incurring a percentage withdrawal fee that can reach a hefty 3.4%, depending on the method.
Is LimeFx A Good Broker For Day Trading?
I’ve been trading with LimeFx for several months straight, and I can claim that conditions here are pretty remarkable. I can’t say that my experience here leaves a lot to be desired, https://limefx.group/ because the set goals were reached and I am satisfied with it. If you have traded with LimeFx we would really like to know about your experience – please submit your own review.
Launched in 2006, the MetaTrader 4 MultiTerminal is a now a respected and revered component of the MetaTrader 4 Online Trading Platform. The MultiTerminal is intended for simultaneous management of multiple accounts. This is an extremely valuable facility and platform for those who manage funds, or those who manage investors’ accounts and for traders working with many accounts simultaneously. MT4, which has helpful tools like flexible trading systems, wide technical analyses, and algorithmic and mobile trading, is offered for PC, tablet, and smartphone users. Traded here for a while initially on demo, then traded couple of months on a live account.
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. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.