LimeFx offers a decent selection of tradable assets, excellent pricing and high-quality customer service that few other online brokers can match. LimeFx also provides a decent selection of top-quality trading platforms its clients can operate through. Beginning traders can also access various options to help them learn and enhance their trading skills.
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It is great that LimeFx does not charge deposit fees but be aware that your payment provide might. In compliance with the Anti Money Laundering (AML) procedures, LimeFx does not accept cash deposits. The broker also rejects cheques and funds transferred from exchange houses.
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Not only does LimeFx offers a choice of 4 trading platforms (2 of them the best social trading platform) the broker also offers 7 speciality platforms. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. 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 is a zero commission broker that offers very competitive dealing spreads on CFDs and forex currency pairs.
Minimum Deposits and Funding Methods
LimeFx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. LimeFx offers bank wires, credit/debit cards, Skrill, Neteller, UnionPay, and cryptocurrencies. Only the Bermuda subsidiary supports them, while all others have fewer options. All financial transactions occur in the secure back office of LimeFx, MyLimeFx. The deposit and withdrawal options offered by the St. Vincent and Grenadines subsidiary are the best, while others offer limited choices.
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The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices. The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research. LimeFx also supports the popular MetaTrader4 trading platform, so you can download the MT4 mobile app that is also available for iPhone and Android. LimeFx offers a diverse range of powerful trading platforms tailored to suit various trading strategies and preferences. Among them are LimeFx’s flagship Trading Station Desktop, Mac-friendly Trading Station Web 3.0, mobile platforms, and MetaTrader4 for those who use Expert Advisors. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements.
In addition to the Real Volume indicators, Trading Station from LimeFx has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels. There are dozens of other tools as well, including automated strategies. To assist with these strategies, the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms.
To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs. Other account types available include an Interest-free account, which is designed for Swap Free Islamic Accounts who can’t pay swaps. 67% of retail investors lose money when trading CFDs with this provider.
Java API, a wrapper SDK of FIX API, provides clients with a fully functioning programmable API into the LimeFx trading platform. It includes live streaming prices and historical prices for live trades. It is scalable, light and robust and is compatible on any Java-compliant operating system.
Founded in 2003, NinjaTrader offers software and brokerage services for active traders. With a funded account, the NinjaTrader platform is free to use for charting, market analysis, and live trading. The latest version of NinjaTrader features include complex trading tools so that you can conduct in-depth market analysis of all your favourite instruments. It offers an intuitive interface with real-time quotes, charts, and professional analytics. It is also not as widely available compared to MT4 which is something to consider if you plan on switching brokers down the line.
Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. TradingView is a social network for traders and investors on Forex, Futures and Stock markets. With Live quotes, stock charts and expert trading ideas, you can use TradingView every day and have the ability to execute your demo and live trading with LimeFx.
Just make sure you understand the risks and that results cannot be guaranteed. Market analysis tools consist of the standard tools most brokers offer. This includes an economic calendar, live forex charts, and limefx company reviews the latest market news. The online broker even provides wholesale trade execution and liquidity solutions for retail forex brokers, smaller hedge funds and emerging markets banks through its LimeFx Pro service.
- If you want to start practicing without making a deposit, you can open up a free demo account.
- The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts.
- Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts.
- You certainly won’t be short of inspiration for trade ideas with this broker.
- While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients.
He has a Masters and Commerce degree and has an active role in the fintech community. Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. 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.
The awards are in several areas which include platform, customer support and market analysis. They are a global trading broker with offices in London, Johannesburg, Hong Kong, Athens, Paris, Sydney, Berlin and Milan. LimeFx offers a good selection of markets, but some other platforms do offer more. You can use LimeFx to trade forex, https://limefx.club/ cryptocurrency CFDs, indices, or gold. There is a total of 39 currency pairs available with LimeFx, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs.
You can trade your opinion of the world’s largest markets with low spreads and enhanced execution. LimeFx offers hundreds of trading instruments on its platforms, covering various asset classes. I think there is more than enough financial instruments to create a diversified portfolio, with something for everyone to trade regardless of your interests. LimeFx provide CFD trading, which allows you to trade the price movements of currency, stock indices and commodities like gold and oil without buying the underlying product. When you trade CFDs (contracts for difference) with LimeFx, you can speculate on price between when you open and close the CFD. LimeFx has proven itself as a reliable and secure platform for both new and experienced traders.
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