Can It Compete With Top Brokers?

Category: Forex Trading

LimeFX

Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. LimeFX offers both investment and market speculation opportunities to its clients. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey.

LimeFX Review

LimeFX

Which is why the registration process gets a low rating from us. Free daily mailout of analytical reviews and forecasts for the current date. We are opposed to charging ridiculous amounts to access experience and quality information. If you do not agree with any term of provision of our Terms and Conditions, you should not use our Site, Services, Content or Information. Please be advised that your continued use of the Site, Services, Content, or Information provided shall indicate your consent and agreement to our Terms and Conditions.

Markets

If you leave your account unused over a long period, LimeFX will charge an inactivity fee. So, you want to keep your account active and engaged to avoid withdrawal restrictions.

  1. Using free market research of LimeFX’s experienced analyst team, clients get the opportunity to create their own investment strategies.
  2. LimeFX is an often overlooked brokerage firm that provides day traders and other frequent investors with competitive pricing and a large suite of trading tools.
  3. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages.
  4. LimeFX is a regulated online broker offering a wide range of products, services, accounts and trading platforms.
  5. They have a section of their website dedicated to frequently updated news articles.
  6. These platforms are famous for their comprehensive charting tools, user-friendly interfaces, and algorithmic and copy trading support.

The broker understands the importance of good customer service and provides 24/7 customer support via email, live chat, and over the phone. In this section we’ll show you how to open a live trading account with LimeFX. The registration process and account activation are fully digital, and the broker’s web page is very initiative and user-friendly. In addition, customer support agents are available 24/7 in case you have any questions. Different account types are available for different trader types.

The Standard and Forex ECN accounts primarilyoffer CFDs for forex, precious metals, and indices/energies. LimeFX is an established Europeanonline discount broker offering its services to clients in more than 130countries since 2016. This account is for those who already have exchange trading experience and want to get the highest execution speed. Spreads on this account type start from 0 pips with a $3 per lot commission charged. I like this account because it has the lowest spread on MT4 which limefx forex brokers reviews is important for my automated scalping systems. Trading Central is an award-winning fusion of automated analytics & analyst research that has been supporting traders since 1999 and is available in 32 languages.

Account Minimum

Furthermore, stocks and options are priced according to two different plans. For investors who want to trade on the go, LimeFX provides a seamless mobile trading limefx broker reviews experience with dedicated applications for Android and iOS devices. These apps enable traders to execute trades, analyze charts, and manage their accounts from anywhere. LimeFX fails in a few areas, not least of which is customer service. Nevertheless, frequent traders who won’t need much assistance can benefit from the broker’s generous stock, options, and futures commission plans. The per-trade schedule requires $2,500 to start trading, and if an account slips below $2,000, LimeFX will suspend the account’s trading capability.

LimeFX provides a demo for each of the platforms to help you choose. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. Second, the Per Share Plan, which caters to high-volume traders, charges tiered rates per share. LimeFX doesn’t charge withdrawal fees, prioritizing smooth and straightforward financial transactions.

LimeFX says its “preferred method of contact is either by our online chat function or email.” It seems strange that they wouldn’t want phone calls. Personally, I would expect my broker to willingly accept phone calls. Strangely, I was not able to delete a stock after adding to a list. I was also disappointed in the platform’s lack of research tools. Our content is packed with the essential knowledge that’s needed to help you to become a successful trader.