MetaTrader platforms are renowned for their reliability, comprehensive charting tools, and extensive support for automated trading. Both MT4 and MT5 offer features such as customisable charts across multiple time frames, a wide range of technical indicators, one-click trading, and support for trading robots (Expert Advisors). LimeFX provides traders with a wide selection of advanced trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, Mottai, Iress, TradingView, and the LimeFX trading app. LimeFX caters to beginners with its standard spreads and no commission structure, and more experienced traders through ECN pricing with raw spreads, offering tailored solutions for every trading level.
This may impact how, where and which companies / limefx review services we review and write about. 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. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. This review of LimeFX is grounded in CompareForexBrokers’ rigorous and transparent methodology, as detailed on Our Methodology page.
Forex Fees
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. LimeFX stands out for the competitive pricing available to forex traders with its ECN account. However, that pricing is only available with the MetaTrader platform, and LimeFX offers only 764 symbols on MetaTrader 5 (MT5). ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
Withdrawal Fee
- LimeFX offers all traders the MT4/MT5 and cTrader trading platforms and select clients may qualify for the Iress trading platform, restricted by geographical location.
- This web platform offers flexibility and accessibility, making it a convenient choice for traders who prefer to trade from various devices and locations.
- Therefore, traders can rest assured that their deposits, segregated from corporate funds, are safe.
- Third-party withdrawal charges may apply, but there is no inactivity fee at LimeFX.
One of the benefits of trading Forex is leverage, which means borrowing funds from the broker to manage more significant trading positions. It incurs financing costs, known as swap rates, and the longer a trade remains open, the higher the fees. Third-party withdrawal charges may apply, but there is no inactivity fee at LimeFX. Founded in 2005, LimeFX is an experienced broker with a clean track record. Therefore, traders can rest assured that their deposits, segregated from corporate funds, are safe.
Does LimeFX operate a bank?
An introduction to charts and various technical indicators like MACD is also provided. LimeFX provides a good combination of insightful fundamental and technical coverage from in-house analysts along with practical trading ideas from third-party Autochartist and Trading Central. LimeFX also provides free trading signals from third-party provider Autochartist. Autochartist automatically identifies chart patterns and key price levels, using this information to predict the most likely direction of the trend. Available leverage differs according to the asset class, with the most leverage available for CFDs on forex and the least for CFDs on crypto.
The asset selection for MT4/MT5 traders consists of more than 250 trading instruments, an adequate level of choice for most traders. Forex traders get 70+ currency pairs, and diversification opportunities exist via cryptocurrencies, commodities and metals, indices, equity CFDs (available through the MT5 trading platform), and bonds. The IRESS trading platform lists over 10,000 equity CFDs and a few futures contracts, but its availability remains geographically restricted. Other global clients will deal with First Prudential Markets LLC, an unregulated entity. This unit remains registered as an international limefx company reviews business company (IBC) with St. Vincent and the Grenadines Financial Services Authority (FSA), but brokers remain unregulated in that country. Traders should not confuse this setup, as all brokers out of St. Vincent and the Grenadines are unregulated.
An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content. In summary, LimeFX offers a straightforward account opening process. Traders should be aware of currency conversion fees when trading assets in a different currency.