There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have. Withdrawals are completed via credit or debit cards or bank transfers. The amount you withdraw to a debit/credit card cannot exceed the amount originally deposited. Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest method, taking about 3-5 business days. Card withdrawals may take between 5 business days and a billing cycle.
Advanced Indicators & Free Market Data:
Each year, we collect thousands of data points and publish tens of thousands of words of research. These are all best for advanced traders due to the limited information available on their use. So, whether you’re new to online trading or you’re an experienced investor, LimeFx has customisable account types and services for all levels of retail traders. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. Trading Station keeps up with the pre-loaded Marketscope, which is a free professional charting package allowing for a long list of indicators, up-to-date price alerts, and trading right from the chart.
LimeFx User Experience
Also, institutional investors, retail brokers, emerging market banks and hedge funds can take advantage of LimeFx Pro. This high-end broking service gives institutional clients excellent pricing and access to the forex and CFD markets. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
About this app
You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality. Some of the top traders use automated strategies to take the human element out of trading. With Trading Station Desktop, automated strategies are added with just a few clicks. Around the world, LimeFx offices provide forex, Cryptocurrency Trading and CFD trading services. Whether you are an LimeFx client or you simply have an LimeFx demo, you can easily access Trading Station’s platforms.
Share prices started at $14 with 15,060,000 shares for a total share capital of $211 million.[24][25][26] In its IPO prospectus, LimeFx described its no dealing desk trade execution. If you want to start practicing without making a deposit, you can open up a free demo account. This lets you assess the broker’s research and educational resources and practice trading. Slippage, or the unexpected difference in an exchange rate specified in a stop order or market order, can be either negative or positive. When the trader loses money, slippage is negative, whereas when positive, the trader receives a fill at a better rate than the prevailing market.
MT4 Forex Trading Platform – MetaTrader 4 on Mac, Windows, iOS and Android
The above live prices are provided solely for informational purposes, not for trading purposes, and may be delayed. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel. Yes, based on your detected country of NL, you can open an account with this broker.
- That being said, LimeFx does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices.
- Slippage, or the unexpected difference in an exchange rate specified in a stop order or market order, can be either negative or positive.
- Each year, we collect thousands of data points and publish tens of thousands of words of research.
- There are abundant support resources online and on the LimeFx website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers.
LimeFx is not required to hold any financial services license or authorization in St Vincent and the Grenadines to offer its products and services. You can choose among the LimeFx Trading Station, MetaTrader 4, NinjaTrader, ZuluTrade, Capitalise AI and TradingView trading platforms. You can also use a social trading platform to copy the transactions of other traders limefx forex brokers reviews in your own account in real-time. You can choose from among several excellent trading platforms and can access copy trading through LimeFx’s social trading platform and automated trading via LimeFx Apps and MetaTrader4 (MT4). If you want to trade assets other than forex, LimeFx also offers CFD trading in shares, metals, oil, commodities, indices and cryptocurrencies.
LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones.
Average spreads at LimeFx are more favorable for active traders or clients residing in the EU, U.K., or Australia. LimeFx offers a good selection of markets, but some other platforms do offer more. You can use LimeFx to trade forex, cryptocurrency CFDs, indices, or gold. There is a total of 39 currency pairs available with LimeFx, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs. That being said, LimeFx does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices.
Other than the issues with former U.S. clients, LimeFx has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues.
The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month. The mobile application is as easy to use as the web version of LimeFx, which is complete with the option to bring dynamic charts to full screen for convenience. The only downside is a lack of customization in the applications, and there is no additional security, just the login password.
In addition to the Real Volume indicators, Trading Station from LimeFx has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels. There are dozens of other tools as well, including automated strategies. To assist with these strategies, https://limefx.group/ the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer. The Trading Station Mobile platform lets retail traders quickly and easily access the forex market.
You can also open an Islamic (interest-free) account by submitting a form. Individual self-traded clients cannot open Percent Allocated Money Management (PAMM) accounts, but these are available for referring and introducing brokers. Active traders with high volumes receive discounted pricing of up to 60 percent less on spreads, dedicated support, and institutional-derived trade ideas.
An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. LimeFx offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade. Trading Station is an LimeFx proprietary platform and therefore not used by other brokers. Because of the range of platforms offered by LimeFx, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek.
You also cannot use the research function within the platform, requiring traders to go between the platform and a browser. To make up for this, the platform is available in your choice of 14 languages. Trading Station Desktop opens up a world of potential opportunities with custom indicators, strategy optimization, strategy backtesting, and robust charting for serious traders. The 1st tier ranges from $10 to $25 million traded per month and pays $5 per million, while the 5th tier pays $25 per million if you traded a minimum notional amount of $300 million per month. LimeFx provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe.