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. Each and every trade clients place is matched in an electronic configured network (ECN), through a straight through processing (STP) method. LimeFx does not operate a dealing desk, or make a market in forex. These four critical factors ensure that LimeFx clients are enjoying the most transparent access to the FX markets.
The World Best Trading Account
The LimeFx MetaTrader 4 Broker software transmits information to and from the markets on 128-bit encrypted connections. In addition to this, LimeFx also offers the possibility https://limefx.name/ to use the extended security algorithms of Public Key Cryptography. Information secured in this fashion is virtually impossible to hack in any short amount of time.
Customer Reviews
If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. Compare the markets and instruments offered by LimeFx and its competitors. Please note, some markets may only be available via CFDs or other derivatives. LimeFx does not have a proprietary mobile app, though MT4 can be downloaded to Android and Apple devices. The mobile application has proven to be stable and reliable during testing. There is a useful economic calendar, but for me, this area really needs to be improved to rank LimeFx alongside alternatives such as Interactive Brokers, which offers a wealth of data streams, news feeds and market insights.
- On the downside, LimeFx supports accounts in just a few currencies (USD, EUR, GBP), with USD only for wire transfers.
- If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points.
- Double your leverage with a 100% deposit bonus up to $2,000 on top of your first deposit.
Is LimeFx A Good Broker For Day Trading?
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. However, traders seeking stocks or deep education and market research will need to look elsewhere. Also, the offshore regulation for non-EU traders and expensive withdrawal fees are notable drawbacks. 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.
Trading Platforms
Our broker ratings are also informed by the experience of our researchers during the evaluation process. LimeFx elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for day traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types. It’s incredibly easy to dive into trading on the MT4 app through an LimeFx account, with just 3 simple steps. The app offers the flexibility to trade a great selection of over 70 currency pairs and other popular markets on the go. 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.
Reasons plus to Choose LimeFx As Your Trading Broker
MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
But that not why I liked it.It have really good trading conditions that suited me. The broker has been around since 2010, and, though that is still pretty new compared to others, it has over a decade of industry experience. LimeFx’s business model is based on STP (Straight Through Processing), where orders are sent to financial institutions directly. This eliminates the potential for conflicts limefx scam of interest or price mark-ups, making this broker pretty reliable when it comes to trade execution. With LimeFx, traders will find a selection of Forex tools that they can use, including Forex calculators, live quotes, market hours, current trading positions, interest rates, and roll call. These tools provide insight into trading Forex, keeping traders up to date with the latest trends.
I’m talking about those traders who started trading quite recently. As it turned out, I didn’t know anything about trading at all.Now I sometimes open real orders to test my skills. LimeFx assists clients trading through the MetaQuotes range of platforms, for example, MetaTrader 4 for PCs, MetaTrader 4 for mobile devices and the MetaTrader 4 MultiTerminal. Regarded as the most popular trading platforms globally, MetaTrader 4 allows traders to apply their expert advisors and algorithmic trading methods as ‘plug ins’ into their platform to adjust and perfect their trading plans. MetaTrader 4 is one of the most popular forex trading platforms in the world today.
These cost-saving features, combined with the 24/5 customer service, make “user experience” high on the LimeFx priority list. According to LimeFx, many of the procedures the broker has adopted “go beyond” the basic rules and regulations imposed upon it in various countries. The broker monitors all financial requests, making sure that they are safe.
Regulated by CySEC, LimeFx provides clients with access to a liquid Forex model (ECN). All of its clients receive the same access, and all trades are executed immediately, with no delays or re-quotes. The broker doesn’t take the other side of trades, which differentiates it from Dealing Desk brokers. Client orders, stops, limits, and trades are executed with counter-parties, meaning LimeFx is firmly on the client’s side.
MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions. With the LimeFx MT4 trading arsenal at your disposal, all your energy can be channelled into implementing your trading strategies, secure in the knowledge that the suite of tools in MT4 are there to back you up. Our ECN XL account has all the features and benefits you would expect and demand from an ECN/STP broker who has always been right at the cutting edge of industry development. In fact at LimeFx we believe this ECN account is not basic at all. It is one of the most advanced trading accounts, packed full of features and benefits, currently available in the forex industry.