LimeFX broker review

MT4 has several options to enter orders and fully supports automated trading via EAs. LimeFX does not offer APIs to allow third-party solutions to connect. Here is a screenshot after launching the LimeFX MT4 trading platform following installation, without modifications. Here is a screenshot of swap rates at LimeFX for the EUR/USD from the MT4 trading platform. Other global clients will deal with First Prudential Markets LLC, an unregulated entity. This unit remains registered as an international business company (IBC) with St. Vincent and the Grenadines Financial Services Authority (FSA), but brokers remain unregulated in that country.

The platform allows copying multiple successful trades and ways to manage the risks as well. Note that you don’t have to install any additional software either. LimeFX has a 4.9/5 rating on Trustpilot – which is an exceptional rating for a forex broker. According to his comments, it was evident that the customer service team issued prompt responses. In addition to all the customer services mentioned above, the broker also has social media handles to keep their customers up to date. Their phone number and official social media links are mentioned below here in this review.

LimeFX broker review

We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LimeFX offers traders a competitive commission-based cost structure, quality trading tools, deep liquidity, and fast order execution. Therefore, LimeFX ranks among the leading brokers industry wide. The online account opening process remains straightforward, but LimeFX collects more data than some other brokers. It does offer traders to complete the first step via a Google or Facebook account.

Another user, Alex L from Great Britain, expressed that a lot of LimeFX’s services were good, however, they had a complaint regarding the lack of more trading servers and slow history downloading process. Other than that, he was satisfied with the swap rates and the availability of a real person customer service representative. With LimeFX, you have so many opportunities to learn from their Academy. The academy has everything in store for a beginner trader who has no enough knowledge and skills regarding trading products and platforms to someone who’s more experienced in the field. Depositing money into your account can be done through a wide range of methods.

  1. LimeFX does not offer APIs to allow third-party solutions to connect.
  2. We have conducted an in-depth review of this CFD broker to provide traders with a complete overview of the trading environment at LimeFX.
  3. Trading Central, however, is a more comprehensive research platform that extends its range of analytical tools to include an Economic Calendar, Market Buzz, and Crowd Insight.

This technology allows easy deposits and withdrawals without disturbing trading activity. Money managers easily calculate the performance fees for all of their clients. One of the users on Reddit has praised the MT4 platform by LimeFX and the trading conditions set by the brokerage. The user is completely satisfied with the tight spreads on its raw accounts. The desktop trading platform offers sophisticated automated trading tools for unending price quotes, charts, and trading strategy monitoring.

LimeFX trading platforms and tools

It’s worth noting that LimeFX’ share CFD offering on Iress provides Direct Market Access (DMA) in terms of its pricing and execution process, including full depth of book available within the platform. That said, the broker’s Iress ViewPoint account option is less affordable, and is geared towards active traders with high-balance accounts. LimeFX is an excellent broker for day trading due to its fast execution speeds, access to a wide range of markets, and choice of advanced charting platforms including MetaTrader, cTrader and TradingView. LimeFX offers competitive fees compared to many other brokerage firms, with relatively low spreads and commissions, especially for certain asset classes like forex.

Deposit Methods

Its improved strategy tester and the ability to hedge and net positions within the same account make it suitable for a broader range of financial limefx website instruments. This review of LimeFX evaluates the day trading experience, drawing from firsthand tests and comparisons with suitable alternatives from our extensive database of over 500 online brokers. Spreads are better than average for the industry in every asset class.

Share Trading

One of the most effective portfolio diversification strategies is to invest in bonds. LimeFX offers 2 bonds i.e US 10 YR T-Note Futures(US10YR) & UK Long Gilt Futures (GILT). Traders can benefit from credit upgrades and bond yield because of low volatility and fewer risks. The income is fixed and already predictable making the bond investment an attractive opportunity for traders. With 71 forex pairs and a total of 10,000 tradable symbols, far surpassing the industry average of 3,623, the broker offers extensive trading opportunities. Regulated by ASIC and CySEC, and offering international services under offshore regulation, it ensures a secure trading environment.

TrustPilot Users Reviews About LimeFX

Material is mostly text-based and covers both fundamental and technical themes. Third-party research providers Autochartist and Trading Central are available within the client portal. I rate the quality of research materials limefx scam to be better than the industry average.