Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. All CFD option is commission-free, which means costs are included in the spread. LimeFx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity.
- I wouldn’t want the broker taking the opposite side of my positions.
- LimeFx has oversight in place from ASIC, the FSCA, and the FCA, all highly-regarded regulators.
- The Trading Station Mobile platform enables retail traders to access the FX market fast and simply.
- Alternative online FX brokers you might be interested include Forex.com, Fortrade, and Plus500.
- Tech-savvy traders will find many great features for algorithmic trading, and opening an account is very quick and simple.
LimeFx also offers 14 indices, covering major global markets and exchanges including US, European, British, Japanese and more as well as the VIX volatility index. Moreover, I rate the forex baskets on offer, covering the US Dollar and Japanese Yen. LimeFx is one of only a handful of brokers that offer such products. LimeFx trails many brokers when it comes to the breadth of forex pairs, with around 40 assets available. This is significantly less than the 80+ at Forex.com or 300+ at CMC Markets.
The customer service representatives are very professional and respond quickly. Users can contact customer support via email, live chat, and phone. There’s a market scanner feature that uses technical indicators to show traders when it’s a good opportunity to buy/sell. Unfortunately, the market scanner only works for a limited number of products. LimeFx users have access to a basic pack of tools plus a great selection of technical analysis tools. The charting tools are outstanding and very customizable with more than 50 available indicators.
It offers competitive trading fees, a wide range of financial instruments, multiple trading platforms, fast execution speeds, and high-quality educational resources. Instead, you will trade with 50,000 virtual units of the relevant currency. TradingView is a social network for Forex, Futures, and Stock market traders and investors. You may use TradingView every day and conduct your demo and live trading with LimeFx since it includes live quotes, stock charts, and expert trading suggestions. I think this is one of the best charting platforms out there and is ideal for anyone who like to get down to the nitty gritty of market analysis.
Deposit Fees
Beginning traders can also access various options to help them learn and enhance their trading skills. LimeFx is a seasoned CFD broker with several regulatory licences. The broker has invested in cutting-edge technology solutions to assist in providing clients with favourable trading circumstances. The award-winning proprietary Trading Station is brimming with useful features for traders of all levels and sorts. With the inclusion of the sophisticated NinjaTrader and other APIs, LimeFx has become a broker with many options based on individual trading needs. LimeFx has formed alliances with respected professionals in order to provide its clients with top services.
LimeFx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. LimeFx provides in FOREX trading all currency pairs which I’m interested in. In case of technical issues (I lost access to my trading account) a representative pays immediately attention to your request. I would have appreciated if LimeFx would limefx forex broker send daily and monthly reports about the performed trades, but that is a nice to have and not a must. Since every asset has its own fee, and this is constantly changing based on the market, you can get the precise infor at that time through the brokers trading platforms. The most common choice for many is the LimeFx Standard account, through this trading account you will have access to a selection of 39 forex currency pairs.
Withdrawal Fees
For 20 years LimeFx has delivered unquestionable customer care services 24/5 and has received several regional as well as international awards. That means you can become an affiliate partner of LimeFx and share your referral link with family and friends. And whenever a trader will open an account using your referral link and execute a trade you will get paid by the platform automatically.
I would always prefer to use a regulated broker as it gives me the peace of mind that they will operate in an honest and transparent manner. I am pleased to see that LimeFx is regulated in multiple jurisdictions which means that I wouldn’t have any problems using them for my day trading activities. LimeFx has offices, partners, and affiliates in the major financial centres of the world, uniquely positioning LimeFx to provide exceptional service to traders around the world. It is imperative to be aware that the products and protection can vary depending on the entity that you sign up with.
67% of retail investors lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Algorithmic Trading ✔
Seer is made for building, optimizing, back-testing, and deploying automated trading solutions. The addition of this platform is a great boon for tech-savvy traders with an interest in algorithmic trading. Trading Station desktop (not to be confused with TradeStation) is LimeFx’s main platform. It provides a good trading experience for all kinds of investors, be it beginners or advanced traders. Thank you so much for taking the time to leave such a positive review yianni samaras!
This also means that even if you open a live trading account, you can still maintain your demo account. Further to having some of the best regulatory oversight in the industry, LimeFx’s regulated entities also make a number of other considerations to help protect you as a trader. This protection means that you are unable to lose more than the money available on their account. In forex, your spreads typically start from 1.3 pips though this can drop to 0.2 pips if you are in the active trader program.
Get a Forex Pro on Your Side
LimeFx list statistic regarding their performance when it comes to execution and slippage. Transparency gives their clients a level of assurance and trust that the broker is meeting https://limefx.name/ the client’s expectations when it comes to trading. LimeFx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes.
We do not provide financial advice, offer or make solicitation of any investments. With LimeFx, you can get trading signals delivered daily to your mobile. Geo-political events as well as many other macroeconomic factors influence price action and create volatility. You can sign up to receive SMS Trade Alerts (powered by the brilliant Autochartist) to help you spot potential trading opportunities. The LimeFx economic calendar lists the global economic events that affect the prices of trading instruments. You can search for events and compare analysts’ consensus with previous records.
It provides the most recent news and events in the economic activity of many nations. The broker provides a Python wrapper that integrates seamlessly with Jupyter Notebook. In addition, LimeFx also gives real-world examples of how to use LimeFx data to develop and test strategies on popular platforms such as BT Analysis, QSTrader, Zipline, and QuantConnect. 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.
