Forex Trading

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On the negative side, LimeFx provides only CFDs (forex, indices, commodities, cryptos and shares), thus popular asset classes like real stocks or ETFs are missing. Lastly, the trading platforms don’t offer safer two-step authentication. BrokerChooser gave LimeFx a 4.4/5 rating based on analyzing 500+ criteria and testing via opening a live account. Forex Capital Markets (LimeFx) is an award-winning and leading provider of online foreign exchange (FX) trading, stocks, CFD trading, Cryptos, and related services worldwide. The broker was founded in 1999 with a mission to provide access to the financial markets via innovative tools and superior trading conditions. I think they have certainly achieved that as is evident by the fact they have been recognised with excellence awards multiple times.

  • Be careful when trading forex and CFD as the preset leverage levels may be high.
  • LimeFx’s price engine examines the price feed from the liquidity providers and selects the best price.
  • LimeFx does not provide services to residents of USA, Ukraine, Turkey, Russia, Iran and some other countries.
  • These accounts are kept with top rated banks in Europe, Australia and other LimeFx country of operations.

Just make sure you understand the risks and that results cannot be guaranteed. Clients have the advantage of mobile trading, one-click order execution and trading from real-time charts. In addition, LimeFx offers educational courses on FX trading and provides trading tools, proprietary data and premium resources. LimeFx Pro provides retail brokers, small hedge funds and emerging market banks access to wholesale execution and liquidity, while providing high and medium frequency funds access to prime brokerage services via LimeFx Prime. The excellent range of trading platforms already come fully loaded with more trading tools than most of you will ever need access to.

Since 1999, LimeFx 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. Finally, some of LimeFx’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content.

LimeFx summary

This is a set of quality tools designed to assist you with your trading activities. It comprises of daily trading signals, technical analyser and trading analytics. FIX API is FIX Protocol standard designed for real-time, custom institutional interface which push up to 250 price update per second (not available on other APIs). You will get full range of trading order types available at LimeFx. An LimeFx Trading Station account with a $5,000 minimum balance is required.

  • The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority.
  • However, it is ideal for tracking your trades and following the markets whilst on the go.
  • Therefore, it is imperative to do your own due diligence before copying any traders.
  • The addition of the sophisticated NinjaTrader, APIs and specialist platforms make LimeFx a broker with multiple alternatives depending on individual trader requirements.
  • Founded in 2003, NinjaTrader offers software and brokerage services for active traders.
  • You can trade manually or use automated systems just like with MT4.

We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs. We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. With its wide range of available platforms and deep offering of trading tools, LimeFx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, LimeFx has plenty of options.

What Can You Trade On LimeFx?

LimeFx provides a wide range of order types on the desktop trading platform. Just like Trading Station’s web version, the desktop trading platform has great customizability. It is fast and stable and its charting solution is really advanced. You can build and save your own layout.However, first you need to get used to the logic of the platform before you can become a power-user. It is quite inconvenient that many functions, such as research, are not integrated with the platform. A bank transfer can take several business days, while payment with a credit/debit card is instant.

You can perform distraction-free trading and investing, with more charts, intervals and indicators. The broker provide access free of charge when you open an account with them. LimeFx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. The broker gives you a nice variety of quick and easy account funding option to choose from, including digital wallets which I find most convenient for moving funds around between my trading accounts. It is great that LimeFx does not charge deposit fees but be aware that your payment provide might. In compliance with the Anti Money Laundering (AML) procedures, LimeFx does not accept cash deposits.

What is LimeFx?

I think there is more than enough financial instruments to create a diversified portfolio, with something for everyone to trade regardless of your interests. LimeFx provide CFD trading, which allows you to trade the price movements of currency, stock indices and commodities like gold and oil without buying the underlying product. When you trade CFDs (contracts for difference) with LimeFx, you can speculate on price between when you open and close the CFD.

Similar apps

It offers an intuitive interface with real-time quotes, charts, and professional analytics. You can trade manually or use automated systems just like with MT4. It is also not as widely available compared to MT4 which is something to consider if you plan on switching brokers down the line. If you are interested in increasing potential opportunity in the forex, NinjaTrader can help take market analysis and order execution to the next level. LimeFx is an established and regulated online broker with a superb range of powerful and versatile trading platforms, including FIX API connectivity for institutional trading.

Alternative Brokers

Based on our Expert finds, LimeFx provides great trading conditions for Forex and CFDs. They offer a global platform that is suitable to trade internationally, including European clients as well as beginning traders looking for technical solutions. Other than that, I feel limefx courses scam 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. There is even the option of a free demo account if you want to give them a try before making a commitment.

The broker has continually invested in advanced technological solutions to help provide clients with good trading conditions. This is evident with the absolutely outstanding range of trading platforms and tools available. The selection really does blow the competition out of the water, most brokers only have a few platforms at most. You can trade your opinion of the world’s largest markets with low spreads and enhanced execution. LimeFx offers hundreds of trading instruments on its platforms, covering various asset classes.

However, we did not find any problems from 2018 onward.Being regulated by a top-tier regulator is a great sign for LimeFx’s safety. LimeFx offers a social trading service via the third-party service provider ZuluTrade. Access is provided through ZuluTrade’s own trading platform, where you will have to register with your LimeFx account number. The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority. The ForexConnect API offers the same functionality that is available on the powerful LimeFx Trading Station.

LimeFx indeed conducts a very convenient way for account opening, so you can set up a free practice account, which allows testing the platform and experiencing account benefits. Check out the current account balance requirements at LimeFx in our What is the minimum account balance at LimeFx article. Is LimeFx legit features all the key aspects you need to look at to see if a broker is safe and legit. You can search by typing in the name of the product, while there is also a categorized breakdown, for e.g. major currency pairs. You can search by using the traditional search field or by finding assets categorized by type, e.g. forex or commodity products. You can find the Search function under the Subscription List menu.

I prefer the desktop platform as it has the most functionality and supports automated trading. I think MT4 is an excellent choice of platform for anyone who wants to develop their own trading strategies for both manual and automated trading. It is very easy to use with a fully customisable user interface that makes trading online a breeze. Keep in mind, when you trade on LimeFx’s MT4 platform, the execution, trading features, and settings may vary from that of the flagship Trading Station platform. I like how the broker offers free MT4 EAs and apps that can automate part or all of your strategy, saving you crucial time in technical analysis. Powered by ZuluTrade, a leading social trading platforms, LimeFx gives you direct access to view and copy the trading strategies of others.

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