LimeFX take care of the “little” traders as well as the Professional. Their Micro Account is amazing and allows clients with smaller banks to test and tweak their strategy on low stakes. I have tried other Forex companies but will now only trade with LimeFX.
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFX delivers a reliable, feature-rich mobile experience for forex traders. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry.
How Is LimeFX Customer Service?
Should traders require assistance, they may call the toll-free numbers provided, use messaging app WhatsApp, e-mail the support team, engage via live chat, or contact the trading desk. The extensive support system in place is superior to most competitors, but very few traders will be likely to ever require it. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers.
Is LimeFX A Regulated Forex Broker?
There are apps for news, trend and range traders; apps that add new trading features; and apps that just make trading smoother – LimeFX Apps has it all. Sierra Chart is a professional trading platform for the financial markets, compatible with many externally available trading services. Designed as a platform for professional traders, this multi-asset limefx scam platform comes equipped with extensive functionality. Everything’s included, from the built-in 130 indicators and 14 chart types to advanced automated trading support via AgenaScript(C#). Java API, a wrapper SDK of FIX API, provides clients with a fully functioning programmable API into the LimeFX trading platform.
Which Markets Does LimeFX Offer?
The LimeFX online forex broker has developed its Trading Station to operate on desktop devices, as well as web browsers and even smartphones. It is an HTML5-based platform that supports many research and analytical tools, automated trading, and even backtesting. They offer traders the possibility to customize trading platforms, and LimeFX offers 35 free plugins.
One of the most ignored trading costs is swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check them before evaluating the total trading costs. Yes, LimeFX is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN.
- Average spreads at LimeFX are more favorable for active traders or clients residing in the EU, U.K., or Australia.
- Everything’s included, from the built-in 130 indicators and 14 chart types to advanced automated trading support via AgenaScript(C#).
- An LimeFX inactivity fee is charged, however this only happens after a period of 12 months with no client-initiated activity.
- When I placed my own trades, I found that the execution speed was as fast as the broker advertised.
- Therefore, traders should consider the trading time to ensure placing most trades during high liquidity times.
Sign up to a retail account at LimeFX
LimeFX has proven itself as a reliable and secure platform for both new and experienced traders. The most important of which include regulatory credentials, the accessibility of accounts, coverage of the forex market, the quality of trading tools, and the competitiveness limefx website of fee structures. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).
It can create unrealistic trading expectations, and the absence of trading psychology negates the educational value. Although it can be helpful, new traders should complete their education with a real money account before becoming overly confident. They are a broker who have been around for years and are regulated in multiple jurisdictions which gives me comfort that I can trust them with my funds.