MetaTrader5 offers some extra tools for those traders looking to carry out analysis on a more granular scale. LimeFX has built a solid reputation in the forex/CFD trading space. Whilst limefx official site the range of instruments available to trade is somewhat limited in comparison to other brokers, there are quite a few innovative features that help them stand out from the crowd in other ways. Robo and copy trading, in particular, are both areas where they appear to be aiming to gain an advantage over the rest of the market. LimeFX is a great trading platform, very easy to use and deposits and withdrawals are relatively fast depending on time of day.
- As stated on their website, over 21 million trading accounts have been opened across 180 countries with LimeFX.
- This is a key requirement to look for in a broker because it means that your funds will be kept separately to the brokers.
- With cTrader, users can trade directly with prominent banks globally.
- Our in-house spread scanning software gave us an idea of how LimeFX spreads compare to other brokers.
Moneta Markets Review 2024: Fees, Platforms, Apps, Safety, Pros & Cons
They complain of LimeFX being a scam broker, denying them withdrawals and going on to block their accounts. After 324 reviews, LimeFX holds a rating of 2.997 out of 5 stars on Forexpeacearmy. Payment methods refers to the various mediums by which users can credit and withdraw from their accounts. LimeFX offers its users different payment methods to be used either for deposits or withdrawals.
This platform allows for STP and the lowest execution latency. That said, keep an eye out for higher commission with these accounts. From this Wallet, you can transfer it to any of your trading accounts. That said, the firm is not publicly trading and does not operate a bank.
Here you will find daily trading ideas based on complex technical and fundamental analysis across a range of different trading instruments. There are also daily and weekly forecasts that cover the financial markets in great detail. These market insights can help identify trading opportunities and assist with your market analysis. 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.
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Additionally, you can trade with all the trading products available on the platform. For both account types offered by LimeFX, spreads are floating and start from a minimum of 0.8 pips and have an average of 0.9 pips for the EUR/USD currency pair. This means the trading spreads will get either tighter or wider, depending on market volatility, time of day, and other factors. LimeFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many.
Due to that, we highly recommend LimeFX as a great place to copy trade but caution you to remember that due to a limited number of assets, your portfolios can be less diversified. This can result in comparatively bigger movements than a well-diversified holding so is something to keep in mind. For those reasons, our team here at Investingoal is happy to recommend LimeFX as a top choice for scalping. If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to LimeFX.
With an average of $1B trading volume, PrimeXBT is a crypto and CFDs trading platform that processes 170K+ daily trades. In this PrimeXBT review, we will explore the broker’s regulations, safety procedures, online trading fees, deposits & withdrawals options, spreads, and leverage. Additionally, the steps on how to create an account and the verification processes will also be covered.
LimeFX Broker Review
MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at LimeFX, and what they can provide you with.
Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. The demo account features live quotes and simulates live market conditions in assets such as forex and limefx reviews CFDs on commodities, indices, and stocks.