LimeFx Reviews Read Customer Service Reviews of www LimeFx.com
Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, LimeFx offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. LimeFx obtains its pricing from premium liquidity limefx review providers which includes global banks and financial institutions. Some of them are Barclays Bank Plc, Citibank N.A, Deutsche Bank AG, Jefferies Financial Services, etc. LimeFx’s price engine examines the price feed from the liquidity providers and selects the best price.
When does a margin call take place at LimeFx?
The only difference comes from your deposit where you get better trading conditions for higher deposits. Yet, in this case, you can trade LimeFx stock, forex and crypto baskets. Those present the change of certain assets in correlation with most liquid assets from the same category. In general, the broker has all the necessary regulations for trading worldwide.
Deposit Fees
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
- The LimeFx integration allows traders access to this vast pool of information and automates their trades based on signals provided by approved traders.
- Our LimeFx review concluded that LimeFx has a simple but helpful account type structure, average spreads, a hybrid trading execution model and a good range of trading platforms.
- The video library includes lessons on platform use, forex introduction, order kinds, and mobile platform usage.
At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. 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). With its wide range of available platforms and deep offering of trading tools, LimeFx has set the bar high and competes among the best brokers in the industry.
Deposits & Withdrawals
Should LimeFx go into liquidation, segregated client funds cannot be used to compensate shareholders. Furthermore, if LimeFx cannot satisfy any repayment claims, eligible UK-based clients can claim up to £85,000 in compensation through the Financial Services Compensation Scheme. The companies that make up the LimeFx Group are regulated by multiple jurisdictions. If you plan on opening an account with LimeFx there are four options to choose from including either a Standard or Active Trader individual account, a Joint account and a Corporate account. The entry/maintenance margin is the initial deposit set aside as collateral in order to open and maintain a position.
Compare LimeFx LTD Features With Other Brokers
It also maintains six specialty trading platforms for algorithmic traders and Capitalise AI. They offer traders the possibility to customize trading platforms, and LimeFx offers 35 free plugins. LimeFx offers floating spreads, but without the price improvement, average ones can be somewhat high. Therefore, traders should consider the trading time to ensure placing most trades during high liquidity times.
However, withdrawing money may involve fees, especially for those conducting international bank wire transactions. By eliminating commissions, the cost analysis for traders is simplified, allowing them to focus on potential profits and losses with greater ease. The Professional Account caters to traders who meet specific requirements, demonstrating significant proficiency and extensive https://limefx.vip/ trading activities. The Islamic Account is tailored for traders who adhere to Sharia principles. This account adheres to the religious tenets by exempting overnight holders from paying interest, as it aligns with Islam’s financial norms. The account proves particularly beneficial when experimenting with new tactics or familiarizing oneself with platforms and functions.
This simplified trading process makes the platform a great tool for beginner traders. This is LimeFxs offering to all clients who don’t qualify as an Active Trader. This account is a commission-free account, which means the trading costs are included in the spreads. This explains why spreads are wider than commission-based accounts such as the Active Trader account. Designed as a platform for professional traders, this multi-asset platform comes equipped with extensive functionality.
These include the fact they are no longer regulated in the US as well as the fact their asset selection is a little limited compared to many of the top brokers. While their spreads are never a zero offer, they are competitive for being a commission-free brokerage. LimeFx is a global brokerage headquartered in the U.K that specialises in both retail and institutional trading with a comprehensive API offering.
The broker offers a variety of platforms to trade on, including MetaTrader 4, NinjaTrader, ZuluTrade, and the Trading Station Mobile App for iOS and Android users. LimeFx provides customer support via live chat, phone, and e-mail, with free international dials. When it comes to forex and CFD trading, LimeFx ranks first in several categories, including platform and tools, mobile trading, and ease of use. The broker has excellent and user-friendly trading platforms, with a simple interface and clean design. The broker is especially useful for beginners, as some of LimeFx’s platforms offer various trading tools, including automated trading capabilities. Filippo Ucchino has developed a quasi-scientific approach to analyzing brokers, their services, offers, trading apps and platforms.
LimeFx offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips. Active traders can take advantage of the Active Trader account, which provides access to elite pricing, dedicated support, API trading, and market depth via Trading Station. The broker gives you a nice variety of quick and easy account funding option to choose from, including digital wallets which I find most convenient for moving funds around between my trading accounts. It is great that LimeFx does not charge deposit fees but be aware that your payment provide might.
Domestic wire transfers take one to two working days while international wire transfers can take three to five business days. Whilst not as fast as some forex brokers we have tested, these are similar to most competitors. These regulations provide certain protections for traders, including negative balance protection and segregated accounts, and ensure compliance with industry standards.
The LimeFx Rebate Program is ideal for investors who are active in the financial markets. When it comes to charts, LimeFx provides more than 50 technical indicators such as Bollinger Bands and Klinger Oscillators. LimeFx clients also have access to a feature called Market Scanner that uses technical indicators to create buy and sell signals.
MetaTrader is also popular due to its copy trading and automated trading features. Market orders, limit orders, stop-loss orders, and trailing stop-loss orders are available. Traders also have the option to apply time in-force conditions such as Good-Til-Canceled (GTC).
If you are looking to open an account with LimeFx we recommend reading this thorough broker review beforehand. For traders in , LimeFx offers three different account options for traders – retail, active trader, and professional. All three account types are covered by LimeFx’s 24/5 support and trading resources. I could not find any time limitations on these accounts which is excellent, making them ideal for testing algorithmic trading solutions and new strategies.