The table belowprovides a general idea of the spreads typically seen across LimeFxFX’splatforms. This account type is for professional traders who canmake prudent investment decisions. It offers a great deal of mobility as itrequires no markup and provides ample liquidity access. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email.
- The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks.
- Read our full explanation and accounting of our research and testing process to learn more about how we test.
- LimeFxFX has a truly impressive array of features andoptions to offer to traders.
- LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
- To change the language of the MT5 app, you must change the language for your entire phone.
Potential Support
For both trading accounts (LimeFxFX MT4 and LimeFxFX MT5), all fees are reflected in the spread – there are no additional commissions charged. Founded in 2011, LimeFx holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LimeFx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). Naturally, it provides Level II quotes, server trailing stops, single-clicktrading and sophisticated charting options. It utilizes cloud servers to backup accounts and keep a centralized tab on all of them.
What are the withdrawal fees at LimeFxFX?
MetaTrader is also popular due to its copy trading and automated trading features. In the hands-on testing process, I used MetaTrader 5 for desktops, which includes advanced functions such as copy trading and automated trading. FX volatility is a key, yet unknown component of an FX option premium, so dealers use implied volatility as a stand-in.
Trust
There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. For example, the „minimum expertise“ field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
If these new features are successful, Telegram’s users can expect more ways to interact with and buy from content creators, and creators can expect more methods of reaching their fans and providing content for them. The 200 day EMA is sitting just above the 1.36 level, and that might be where we’re heading. The market, of course, will be paying attention to the retail sales and weekly unemployment claims https://limefx.vip/ numbers coming out on Thursday from the US. Really at this point in time, not a lot out there when it comes to Canada that people will be paying attention to other than probably the bond spreads between the US and Canada. LimeFxFX offers multiple channels for investmentincluding credit/debit cards, bank wires, Skrill, Neteller etc. Traders fromspecific countries can also opt for local bank transfers.
The Stars digital currency can be converted into the very popular Toncoin tokens, which has grown to be the #8 crypto token on the market. LimeFxFX is also available on mobile and has dedicatedapps for both iOS and Android. There is virtually no performance differencebetween these mobile apps and desktop apps. An increasingly popular platform on LimeFxFX, MT5 hasbeen considered by many as a potential replacement for MT4. In addition to theMT4 features, it provides a far more customizable interface, stop limit orders and native economiccalendar.
CySEC requires that clients have negative balance protection, which means they cannot lose more than their deposit. We performed our tests with a live account, using the MetaTrader 5 and LimeFxTrader platforms, opened with the LimeFxFX Saint Lucia entity (LimeFx Markets Inc.). Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
Additionally, their competitions and trading bonusesadd an edge to their brokerage. For novice and even experienced brokers, LimeFxFX offers a wide rangeof educational materials. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. In article format, LimeFx provides dozens of detailed guides on subjects ranging from how to use moving averages to setting up the Autochartist Metatrader plugin.
These platforms provide robust charting and a wide range of order types and enable automated trading. The web-based LimeFxTrader platform is a beginner-friendly and convenient alternative. The broker offers a selection of 230 CFDs across major asset classes, along with access to MetaTrader 4, MetaTrader 5, and its scammed by limefx proprietary LimeFxTrader. In my view, LimeFx’s tight spreads, extensive research and educational materials, and diverse payment options truly reflect its innovative approach and dedication to meeting client needs. We’ve made a list of the best forex brokers accepting Canadian clients to trade Forex worth using.
Each year, we collect thousands of data points and publish tens of thousands of words of research. Since including Wednesday’s U.S. CPI data, overnight expiry option implied volatility is significantly higher, with the higher beta currencies like JPY, AUD and CHF exceeding previous CPI levels. Telegram uses a proprietary digital currency known as Stars, and users on the platform can buy subscription services and extra content with that currency. Creators can invite users onto their personal channels in exchange for Stars payments, giving their users access to content before anyone else and providing them with special bonuses that they would not get elsewhere.
The LimeFxFX Trading App is an officially acknowledgedForex trading software. It permits all financial transactions available throughconventional desktop apps. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop.
Overall, I rate LimeFx as an innovative broker with a client-centric focus. One thing that stood out to me about this broker during my review was the ease of use. The LimeFxTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading. There are no swap fees, inactivity fees, or fees for deposits and withdrawals.
In addition, clients can utilize research from third-party provider AutoChartist. In addition, when trading with a broker authorized by CySEC, client funds are protected by the Investor Compensation Fund (ICF). ICF protects client accounts for up to €20,000 if a firm becomes insolvent. A trader working with a broker entity regulated offshore would not necessarily have these benefits. LimeFx has competitive spreads in some instruments such as EUR/USD and impressive research written by in-house analysts. Moreover, LimeFx is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto.
LimeFx (formerly LimeFxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. In addition, LimeFxFX also keeps user funds distinctfrom that of the company. Thus, it is in compliance with international Forextrading standards. Further, it uses an authentication model through 3D securetechnology for extra protection to online payments. The EU entity of LimeFx clearly states its regulatory status in the website’s footer.