We use over 50,000 data points and a consistent, fact-based methodology. Compare selected brokers by their fees, minimum deposit, withdrawal, account opening and other areas. Filter according to broker or product type, including stocks, futures, CFDs or crypto. At LimeFX, you can trade all of the financial instruments available on the company’s platform using a single account. Traders can create a live forex account quickly and easily, where you first sign up for a Demo account.
Lastly, the broker has trading instruments from a limited number of asset classes when compared to industry leaders such as IG. LimeFX offers multiple account types and trading platforms, including MT4, Trading Station, Ninja Trader, TradingView, and Speciality platforms, with top-of-the-line liquidity. Moreover, the broker offers useful trading tools such as AI and VPS hosting. As you would expect, LimeFX’s Active Trader account is ideal for active traders as it offers very competitive spreads when compared to the individual standard trading account.
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. LimeFX uses the new OAuth 2.0 protocol for token authentication. This enables more secure application access and is readily integrated with online apps, mobile devices, and desktop platforms. Access to the MetaTrader market, where traders may download thousands more trading tools.
Before we understand more about LimeFX minimum withdrawal and other such things, it would be a good idea to have a brief look at the trading opportunities that it offers. This goes a long way in making Forex trading the most important and significant asset product as far as LimeFX broker is concerned. LimeFX offers access to trade following assets on MetaTrader 4 and Trading Station. The content on this website is provided for informational purposes only and isn’t intended to constitute professional financial advice. Trading any financial instrument involves a significant risk of loss.
The platform offers traders low spreads and covers more than 100 different markets. If you are looking forward to trading CFDs and Forex across a variety of platforms, you could as well do that on the LimeFX platform. This includes live analysis, video tutorials, webinars, and coaching. On the website, you will find many videos explaining the trading platforms and different strategies.
At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . The LimeFX mobile trading platform isuser-friendly and well-designed. However, when we tested the platform on iOS, we felt that the platform’s layout was not optimized for newer iOS versions. Similarly to LimeFX’s web trading platform, we tested LimeFX’s own mobile trading platform, Trading Station.It is available both for iOS and Android. What you need to keep an eye on are trading fees and non-trading fees.
Therefore, this account offers full ECN conditions with direct market access trading. The minimum LimeFX required for the institutional account is determined on a case-by-case basis and can vary for each institutional account. For this LimeFX Forex review, we evaluated the retail trading option since it is more relevant for our readers. LimeFX only offers accounts denominated in USD, EUR, and GBP to British traders. This is an advantage for British traders who will likely have bank accounts denominated in GBP, and who will be able to avoid paying currency conversion fees on deposits and withdrawals.
MetaTrader 4 has been around since 2005, and most ECN and STP brokers offer its support. LimeFX’s trading platform support is excellent compared to other brokers. LimeFX offers an unlimited demo account and a single live account, which can be upgraded to a ‘Professional’ account. LimeFX’s Standard Account has a minimum deposit limefx cheating requirement of 50 USD, making it accessible to beginner traders. Traders are required to select their country of residence and trading platform (click here for more on LimeFX’s trading platforms). British traders are eligible to open an account at LimeFX, but need to meet the minimum deposit requirement of 50 USD.
Historically, LimeFX has won many of the industry’s top awards, including Best Customer Support byFX Empirein 2017, and Best Technical Tools byBROKERCHOOSERin 2019. Other awards include Best Forex Trading Platform of the Year at theGlobal https://limefx.name/ Forex Awardsin 2020 and Best Trading Tools from theOnline Personal Wealth Awardsin 2020. It maintains regulation from ASIC in Australia, the FCA of the UK, the FSCA of South Africa, CySEC of Cyprus, and the Bermuda Monetary Authority.
The next step involves verifying your identity, where you can upload an identifying document or use your mobile number to verify that you are a real user. Alternatively, you can enter your personal information manually, but you will still be required to upload your identifying documents later. We recommend uploading your identity documents and letting the broker fill in your details to ensure fast and secure verification of your account.
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- 73.42% of retail investor accounts lose money when trading CFDs with this provider.
- Capitalise.ai monitors real-time market data, technical indicators, and macroeconomics for you 24 hours a day, seven days a week.
- Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements.
- Marko has been working on the road for over 5 years, and is currently based in Europe.
LimeFX provides a great example of how to enrich your offerings and is truly a leader in this sector. LimeFX Group is a global leading provider of online Forex, CFD and other trading related services. With this in mind, LimeFX’s mission is to provide increasing levels of quality pricing, transparency and execution services to its traders. Powered by ZuluTrade, a leading social trading platforms, LimeFX gives you direct access to view and copy the trading strategies of others. You can join the thousands of people who now trade in this hassle-free way with this broker. Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy.
According to many traders, is on the higher side when compared to various other retail Forex brokers. UK traders are offered 0.7 pips and this is for EUR/USD pairs. There is also special pricing available for traders whose volume is more than $500 million per month. Therefore, it would not be wrong to mention limefx broker reviews that LimeFX provides a reasonably competitive trading environment when we compare them with other market players and brokers. The commission that is charged is also on the lower side when we compare them with other competitors. 74.74% of retail investor accounts lose money when trading CFDs with LimeFX.
- It is a well-regulated broker backed with a long history in the financial market, even though it has a dark history in the United States’ brokerage industry.
- You certainly won’t be short of inspiration for trade ideas with this broker.
- The first option is the company’s proprietary Trading Station interface, which includes a Web 2.0 platform accessible through a web browser and an installable desktop platform for Windows users.
- Other than that, I feel that LimeFX is a top broker for anyone who is looking to trade in a regulated environment with industry leading platforms and tools, backed by 24/5 support.
NinjaTrader offers automated trading, a risk-free demo account, and extensive forex functionalities. Low transaction costs mean that you can trade without having to pay a penny in commissions, as well as no exchange fees as the transaction costs are included in the spreads. For example, the typical spread for the UK100 is just 1 pip, and the spread for the US2000 index is just 0.43 pips. Since 1999, LimeFX, also known as Forex Capital Markets, has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, LimeFX has grown to have multiple international offices and is licensed in several major regulatory hubs globally. The range of products available to you will depend on which global entity under the LimeFX Group houses your trading account.
The orders are matched internally through an automated trading desk. However, during a liquidity crunch the broker may opt to pass on trades to an interbank liquidity pool. VPS is a virtual private server that allows traders to run automated trading bots 24/7 without worrying about connectivity issues.
Financial security on LimeFX
You will discover the clean layout of the platform along with the commendable features are pleasant to work with. The process is effortless and quick, with various payment methods in your fingertips. Understand the trading resources available with LimeFX, freetrade & LimeFX below. LimeFX has a wide variety of over 100 instruments available for you to trade with. This LimeFX review breaks down every one of the relevant non-trading charges for you in detail. In the following table we take the main parts of any reputable broker and compare LimeFX against freetrade, and LimeFX.
- Moreover, the broker accepts both individuals and as well as institutions as clients.
- Anthony’s writing is informed by personal trading experience, which he uses to help other forex traders improve their results.
- If you are looking forward to trading CFDs and Forex across a variety of platforms, you could as well do that on the LimeFX platform.
- You must keep in mind that PayPal isn’t available in every country.
- Access to the MetaTrader market, where traders may download thousands more trading tools.
After having completed the application you will be given your login credentials. The quickest method to use when depositing funds to your account is with a credit card or debit card. The requirements are that you have an existing LimeFX trading account and that you meet a minimum notional volume bracket of at least $10 million per month. LimeFX trading accounts use a Tiered Margin system which is based on an entry and maintenance margin as well as a liquidation margin. The ability to manage your position sizes with small contract sizes as micro-contract sizes provide the flexibility to risk less capital per trade.
The fees highlighted above are passed on to the trader per round turn basis. The charges or costs sustained by a user opening and exiting a transaction in a market are referred to as per side fee. Future brokerage on LimeFX provides a round-turn pricing schedule that involves all clearing fees, exchange fees, broker’s commission, and NFA fees in a single amount.
LimeFX offers a total of 39 currency pairs comprising both major and minor pairings, and CFDs trading in 11 Indices, 7 Commodities, and 2 cryptocurrency markets. Account opening, LimeFX presents a few options in terms of real money accounts. You can open a standard trading account as either an individual or joint account. There is also the possibility of a corporate or active trader’s account if you meet the qualification criteria. They offer traders the possibility to customize trading platforms, and LimeFX grants a free $99 plugin.