MetaTrader 5 allows trading forex, futures, stocks, and exchange instruments. With MT4, traders can view each security on 9 time frames, which allows traders to analyze the price action in detail to place an informed trade. The platform provides more than 30 technical indicators with 24 graphical objects for interpreting the price charts and important price levels comprehensively. Traders have the option to plot the price action on Bar charts, Japanese candlestick charts, and broken line charts. I like that I can make deposits and withdrawals with e-wallets as this can allows for faster transfers to and from my trading account. By default, they do not charge any deposit or withdrawal fees but you should check with your payment provider if you will have any fees on their side.

LimeFx gives you worldwide access to trade thousands of trading instruments across multiple markets on the most popular trading platforms, MetaTrader 4/5 and cTrader. Trading instruments include Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies, Bonds & CFDs. Customer balances are managed separately from company funds at the Australian National Bank .

The spreads start at 0.0 pips and the commission is $ 3 per trade for $ 100,000 in cTrader. In the Metatrader, the commission has been increased by 50 cents to $ 3.50. A change to this broker is worthwhile even because of the low fees for trading. – With more than 9 years of experience in the financial markets, we tested the company for you with real money.

How many CFD products are available with LimeFx and LimeFx?

All client funds are kept fully segregated from the broker’s own corporate accounts at AA-rated Australian financial institutions. The VPS subscription with all three providers will be sponsored by LimeFx, in case clients achieve monthly trading volumes of at least 15 Lots . This requirement refers to trading volume of Foreign Exchange and Metals only. LimeFx Trading servers are located at the Equinix data centers in New York and London also known as home of multiple exchanges and trading platforms. Please note that by investing in and/or trading financial instruments, commodities and any other assets, you are taking a high degree of risk and you can lose all your deposited money. You should engage in any such activity only if you are fully aware of the relevant risks.

For me, part of the trading experience and enjoyment comes from analysing the markets and following the news to spot potential trades. There is also a sense of achievement that comes from getting on the right side of a trade. I don’t really want to put my hard-earned money into the trading strategies of others when I can learn for myself. If you are spending time looking for third-party trading signals, you could be wasting value time spent educating yourself and practising your own strategies.

The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website. This is the broker that I first started trading with a few years ago, they were the OG’s and reputable. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation.

Deposit fees and options

Traders looking for an ECN-style trading environment and fees should choose LimeFx. MetaTrader 5 is an advanced version of MetaTrader 4 and has numerous limefx website features that are better than its predecessor. MetaTrader 5 has 21 timeframes, which allows for more in-depth analysis of the price action.

The phone support is working well as it did not take long for us to get connected to the customer service representative. It took about a minute and the representative provided us with answers. These were recently introduced by LimeFx to provide its clients with more quality tools that will enhance their profit margins. Considering that LimeFx is supervised by strict regulatory bodies, it ensures that clients are protected from manipulation of spread and other abusive practices.

Security and Money Guarantees

MT5 users will have similar features as well as experience as MT4 users, with the added benefit of several upgrades and news features that come with the new version. From the secure client area, you can download and use these platforms. To gain more insight into the platforms so you can pick the best one, we will get into some detail. Make sure that you read the LimeFx instructions to ensure that the upload you make is relevant. Sometimes, the requirements can differ from one broker to the other. Overall, LimeFx’s more comprehensive range of CFD products, led by forex CFDs gives them the win in the products category.

This tool hides forex traders’ entry and exit levels from the market. This feature buys or sells at the current market price when the price level is reached. As an LimeFx CFD trader, you can choose from one of three main trading accounts. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. The content on this site should not be considered LimeFx advice. This site is not intended for use in jurisdictions in which the trading or LimeFxs described are prohibited and should only be used by such persons and in such ways as are legally permitted.

LimeFx has partnerships with many of these technology providers and is proud to offer you the next generation MetaTrader 4 platform, designed to take your trading to the next level. However, a bank transfer can be costly if your bank charges you for international transfers. The trading account is available in AUD, USD, EUR, CAD, GBP, SGD, NZD, JPY, HKD, and CHF.

Regulation

As discussed before, LimeFx is one of the largest forex brokers with more than 50 currency pairs available to trade. The spreads https://limefx.name/ are super low, especially if you are using the raw spread account. There is a real 0.0 pip spread on more than 10 currency pairs.

Some brokers encourage traders to sign up by offering to match the deposit bonus or a welcome bonus. With much lower trading fees compared to LimeFx, strong regulatory coverage, plus extraordinary levels of popularity, it feels like a no-brainer to trade forex with LimeFx. However, LimeFx does pull its weight on products, with slightly more forex pairs available. The commission account is available Commission account has a minimum spread of 0.2 pips, which applies to popular forex pairs.

This is a multi-account manager feature from LimeFx that gives traders a chance to manage the money of clients. The ‘Education’ section and the LimeFx blog contain useful content that is immensely helpful to traders. The content in both sections is adequately curated such that they cover relevant topics such as risk management and limefx technical analysis. Just like in the deposit option, clients can only withdraw money to accounts registered in their names. The brokers mission is to provide the best trading conditions so that clients can focus on their trading with full transparency. The companies core values are built upon integrity, trust, honesty and fairness.

The broker claims that its platforms are capable of executing trade orders at an exceptional average speed of 36.5 ms. Still, we should note that, unlike other leading brokerages such as ThinkMarkets for instance, LimeFx currently does not offer a proprietary mobile trading app. MT4 WebTrader that can be accessed through all popular web browsers, including Chrome, Firefox, Safari, IE 10+. It delivers most of the features available on the desktop version of the platform. There is a mark-up (of 0.6 pips) to the average spread on LimeFx’ Standard Account to cover the costs of trading. With LimeFxSpreadsThe cost incorporated into the price of what you trade.

• LimeFx appeals primarily to algorithmic traders that use the MT4, MT5, or cTrader platforms, and who need agency execution coupled with competitive spreads and low commissions.
• Still, it offers a decent range of third-party platforms, including MetaTrader 4, MetaTrader 5 and cTrader.
• With LimeFx, you can also open a free Demo Account, which is configured to support all account types, all trading platforms and all trading instruments available with the broker.
• We should note that LimeFx will also conduct a suitability test, where you will be asked to provide info about your employment and income as well as trading knowledge and experience.

May’s ADV record of US$19.4 billion represents a 24% increase compared to the Q average of 15.6 billion. May’s monthly volume total of US$447 billion is a 30% increase (over US$100 billion) compared to the US$343 billion record reported in August 2017. In October 2018, the company announced that it had obtained a license in Cyprus. The following are the promotions currently on offer at the LimeFx platform.

The commission you will pay on the cTrader platform is $3 per 100,000 USD traded. The features you get on the desktop app are the same as when trading straight from the browser. It is convenient for when you are on the go, using a laptop, and are unable to sit at a terminal. The orders you make are filled against the full order, using VWAP . Clients can have transparency that allows them to see the forex pair liquidity and volumes of each price level.

The phone and email support are very good with quick and immaculate responses to the inquiries of clients. Also, the 24/7 availability of customer support makes it a great help considering the broker has operations in three major regions of the world. This has a similar outlook to the web platform with the major difference being the presence of the alerts and notifications feature. However, to use this feature, traders must add a valid email address and a mobile MetaQuotes ID which can be found in the ‘settings’ section of the MT4 app. This leverage varies across the 61 currency pairs offered by LimeFx and its other CFDs . Another fee to take note of with this broker is something called the Rollover Rate.

In the current broker review, we will pay attention to the key aspects of LimeFx, which you may consider before deciding whether to trade with this brokerage. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits. In nearly all cases this should prevent the account balance going negative. However, to try to protect you from situations like this, LimeFx accounts have stop-out level set at 50%. LimeFx does not offer Negative Balance Protection and your loss may exceed your account balance.

If you would like to trade with the superior functions offered by cTrader and stream prices from significant liquidity providers globally, this is the platform for you. With multiple options like these, traders can now choose the most convenient method for them. It makes the process of depositing funds and trading very easy.