I have been trading with LimeFx for almost a year and haven’t faced any issues. Conditions are suitable, products’ range is wide and support team is friendly and willing to help. Sometimes it is a bit slow if compare to desktop version, but I guess it is due to internet connection, because platform is optimized well for portable devices. This has been a credible and a safe environment for me to learn more about trading.
However, the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform. After MT4, I would prefer MT5 as the second choice because of its additional features including more timeframes and built-in tools. If you are looking for more platforms, limefx forex broker then RoboForex could be an option for you as they have a good selection. The broker can accept clients from most countries but does not provide services for United States residents and/or citizens. If you reside in the USA, you can take a look at some other options from our best USA brokers.
The pricing on the assets and execution are very appealing.But for other types of traders this broker wouldn’t be so beneficial. Mostly because limited asset classes and no opportunity to eliminate the swaps rather than islamic accounts. Whether your new or an experienced trader, a risk-free demo account is a great way to experience the benefits of ECN trading with LimeFx. You can practice your forex trading skills or test new strategies without making a financial commitment.
- LimeFx’s business model is based on STP (Straight Through Processing), where orders are sent to financial institutions directly.
- Our unwavering focus on customer support and educational empowerment underscores our resolve to foster a conducive and informed trading ecosystem for our clients.
- However, if you want to work with the credible broker, then I can see no better.
- There are over seventy Forex pairs across minors, majors, and exotics, and the currency pairs offered start at 0 pips with a maximum leverage depending on regulation.
Tight dealing spreads lower your overall trading costs and can significantly improve your trading results, especially if you are an active trader. LimeFx has unusually competitive dealing spreads that you can gauge by opening a free demo account. LimeFx provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads. Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar.
Par excellence broker,the best there is
I got to know them through their twitter account where they interesting market news and data daily. Then I actually started trading on their platform, and the conditions are just super rich and favorable. And I mean it in the most positive way.It provides the most favorable trading conditions to the customers for many years.
LimeFx vs. Competitors
LimeFx’s trading account is also available without a swap, upon request. Open your account online and contact your account manager for more information. In our opinion, its Islamic account is one of the best on the market because you can keep your positions open for as long as you want without incurring additional costs. LimeFx supports the MetaTrader https://limefx.name/ 4 platform, made popular through its support of trading robots. LimeFx welcomes all trading styles, including hedging, scalping, and arbitrage, and places no restrictions on your use of Expert Advisors. However, no forex broker or strategy can guarantee positive returns so you should never invest more than what you would be comfortable losing.
Technology and Execution Speed
It is unique as traders get a commission-free cost structure with raw spreads, an unusual offer, presenting Forex traders with a notable edge. While an LimeFx no deposit bonus does not exist, LimeFx offers a 100% first deposit bonus with a $2,000 limit. Terms and conditions apply, and I urge traders to read and understand them before accepting the incentive. LimeFx occasionally introduces other bonuses and promotions, which have included a $50 LimeFx no deposit bonus or annual interest on free margin. One of the most ignored trading costs is swap rates on leveraged overnight positions.
LimeFx Leverage
These elements, along with the Forex ECN XL trading account, ensure a seamless and enriching trading experience. Forex Broker Guru is a dedicated website that offers in-depth and detailed reviews of various brokers in the forex market. Our platform provides comprehensive insights into the performance, features, and reliability of different forex brokers. Count on Forex Broker Guru to bring clarity to the world of forex brokers and elevate your trading experience. LimeFx is an excellent low-cost choice for beginners due to its decent range of educational resources and free demo account – a great way to build up experience before trading with real capital. The $0 minimum deposit also makes the forex broker accessible for new traders.
The multilingual support team responded very quickly to my queries over live chat, never taking more than 30 minutes to get back to me. I also find the FAQs section on the website a useful way to solve basic queries. This makes the broker a worthwhile option for serious forex traders who will also enjoy the VPS service and MT4 support. Importantly, we never recommend choosing a forex broker based on their bonuses as they can encourage bad trading habits. It is one of the best forex platforms for technical traders.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. LimeFx does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. Y’all know what I done right after I entered the website? I explored all documents first and then got down to researching various “educational” articles.
The overall trading environment at LimeFx features a low cost structure and competitive asset selection, . LimeFx lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. New traders have access to fourteen quality educational posts plus a dedicated section on major economic reports. Eleven eBooks complete the education at LimeFx, and the overall product remains impressive.
This is a broker that I find to be more than just decent. They have the best execution model that I have used and it applies to all of their clients. Trades are executed at extremely high speeds that it is virtually impossible to have any slippage. 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.
