Low minimum deposit requirement of 5 USD on all account options, making it great for novice traders. The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities. It has an additional 1000 CFDs on stocks (shares), which makes it the ideal multi-asset platform. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage. If you want as many trading instruments at your disposal, then you should probably opt for MT5. Even if you only trade forex now, think about how easier it would be if you want to diversify in the future.
What Assets Can You Trade With LimeFx?
To fund your new account, visit the ‘Deposit’ section of the trading platform. Here you will be asked to confirm which approach you will be taking. It is possible to send funds using bank transfers, debit and/or credit cards, and e-Payment providers such scammed by limefx as Skrill. The MetaTrader mobile app provides an experience similar to the high-quality desktop version. Clients can access all the services necessary to support their trading. LimeFx offers clients the opportunity to trade in more than 1,200 markets.
How good is LimeFx Customer Service?
When it comes to trading platforms, as with many brokers LimeFx provides traders with access to both MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Although LimeFx does not have its own platform, the option to use the full MetaTrader suite across desktop, as a browser-based platform, plus with Android & iOS apps is a plus. As are the additional platform proprietary indicators add-ons offered by LimeFx, developed by its in-house staff. This broker makes it a must to make sure that their clients are happy and they provide appealing services, an easy E for effort alone.
- LimeFx offers high leverage but also tools to monitor risk exposure.
- That is a healthy number and means even the most discerning trader will be likely to find the market they want to trade.
- What I got after reading this article is that in making a withdrawal request at the LimeFx broker, the method that must be used for withdrawal must be the method that was used during the initial deposit.
- Not every broker publishes average spread data, and pricing structures vary.
- For instance, for stocks from Germany, a dividend withholding tax rate of 25% is applied.
- Variable spreads start from 0.6 pips on the Standard and Micro accounts, which is competitive.
What Other Education Does LimeFx Offer?
He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family. In this account type, stocks are not traded only as CFD, but also as real, which make this account better for long term investing. The LimeFx Shares account is tailored to those traders who want to invest in the stock market.
The LimeFx demo account is unlimited, and grants access to the LimeFx’s educational resources. This integration enables new traders to simultaneously learn and apply trading concepts using the educational materials offered by the broker. I like how they have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times.
Our Services
However, keep in mind that different regulators have different levels of protection. I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. These factors combined with a no-requotes and no extra commissions policy ensures that LimeFx Group are amongst one of the best trading brokers you can trade with in my opinion. While LimeFx provides accessible support through various channels, diversifying communication channels could enhance the overall customer support experience. LimeFx may charge an inactivity fee if your trading account remains dormant for a specified period (more than 90 days). This fee encourages active trading and helps cover administrative expenses.
You can sign up for free webinars and seminars, listen to market analysis podcasts, read curated articles, and watch LimeFx TV to further improve your trading education. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LimeFx is one of the best forex and CFD brokers based on our assessment.
EAs available with unlimited use of charts for those that prefer technological trading, also great manual trading tools will assist in your strategy as well. So overall all demands and trading needs are covered and are at very sustainable level and might be good match to various types of traders. LimeFx Minimum Deposit amount is 5$ only for Micro Account or a Standard Account, in case you wish to trade with Zero account minimum deposit is competitive also, demanding 100$ as a start. However, the amount varies according to the chosen payment method and trading account validation status. Yet, you can read and find all the necessary info in the Members Area.
Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. As a retail foreign https://limefx.club/ exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. I needed this amount for the treatment of my mother and these thieves did not even realize, how needy one can be. I have all the screen shots, account number, but i will make sure to get my money out these Thieves and dacoits.
Importantly, we do not recommend that beginners trade with high leverage – this can increase the risk of large losses. High leverage will appeal to seasoned traders with effective risk management strategies. Overall, the mobile application works well for trading on the go, with one-tap trading functionality, access to the broker’s full suite of 1,000+ instruments and interactive charting. Based on our assessment, MT4 is best for beginners with 3 chart types, 9 timeframe views, 4 pending order types, 30+ technical indicators and 23 drawing tools. With excellent customization capabilities, we are comfortable traders of all experience levels will be able to navigate the interface and open/close positions with ease.
Instead, it offers the complete MetaQuotes Suite for its clients. The broker provides you with the fully customisable MetaTrader 4 and MetaTrader 5 platforms across all of your devices. Each platform carries its own features and benefits according to the device, but the main trading theme and tools remain the same. The MetaTrader platforms have a very similar look and feel, with the MT5 platform containing more features. There is no fee charged for downloading or using any of the trading platforms. LimeFx facilitates its traders with various trading tools and education to help them become better traders.
LimeFx does not have a crypto funding method, which is a bit of a let down considering that many traders have crypto wallets these days. If you are one of those traders, Axi can be a good alternative if you are looking for a broker with crypto funding. I think it is important to conduct some form of fundamental analysis, rather than relying solely on market analysis with technical indicators. I like to combine both of them along with price action patterns for a more in-depth insight into what the current market situation is.
The company also provides trustworthy trading platforms, including MetaTrader 4. The LimeFx VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on.
LimeFx has an excellent educational area for clients new to trading, including videos, tools and live webinars it’s one of the best educational areas we have seen with a broker of this type. Like most brokers, LimeFx offers a range of seminars and other educational tools to help traders enhance their skills. This includes hundreds of seminars that have already been hosted around the world, with more to come. MT4 Multiterminal offers three allocation methods, multiple order types, and execution and management in real time. Compared to other forex brokers who offer Islamic accounts, LimeFx’s offerings stand out. That is because most brokers will give Islamic accounts higher spreads.
Mobile apps are beneficial for trading to access your account and go anywhere in the world. In comparison, the LimeFx Standard Ultra-Low account has a lower requirement, starting from 0.01 lots trading volume and a limit of 50 lots per ticket. All traders can have up to 200 positions pending or open positions at a single time. There is also the option of an Islamic account available, although there is no balance protection and zero commissions offered.
