Account Type Comparison The Global Leader In Online Trading
The account is equally suitable for high-volume and high-frequency trading. The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD when the pip value of the pair is $10. scammed by limefx There is a detailed description of each account type’s spreads and commissions. Additionally, all the safety mechanisms, execution methods, and standards are explained in detail in LimeFx’s Client Agreement.
Tools & Features
- Prior to his role at Benzinga, Luke has held positions that have honed his skills in leadership and strategic decision-making.
- Several pages not properly linked to the main site announce the availability of cryptocurrency trading but our reviewer found no contract, spread, or fee information.
- That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand.
You should ensure that you understand the risks involved and seek independent financial advice, if necessary. Please consider our Risk Disclosure.This website is owned and operated by LimeFx. The broker is notable for its balanced selection of tradable instruments, including CFD on forex pairs, commodities, shares, indices, and futures. LimeFx offers seven retail account types and typically features low-to-medium cost structures. It also provides a comprehensive range of research and educational materials.
Wide Range of Products
His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s broad experience has equipped him with the expertise to recommend the best forex brokers. Your account should reflect your goals, needs, and ambitions on the market. As a high-frequency trader, I have always looked for precision and efficiency in a platform. There is a limited capacity to scale price action up and down in order to gain a sense of the prevailing market sentiment. The platform also supports one-click trading, which allows traders to execute orders fairly quickly.
Trade Forex and other CFDs on our bespoke MetaTrader 4 trading platform
Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. VIP members benefit from even better conditions – for instance, the spreads are tighter, around 1.4. However, this type of account is offered only to traders who make deposits of $10,000 or more and have the US dollar (USD) as their base account currency. LimeFx offers CFDs on popular indices, including DAX, S&P 500, Nasdaq, Dow Jones, Euro Stoxx 50, FTSE 100, France CAC40, and many more. Margin requirements on index CFDs are as low as 1%, which means that traders who have a capital of only $100 can control a $10,000 position. There are a number of other benefits for those who wish to speculate on market indices – high volatility, low costs, and leverage, which gives traders more flexibility.
Client Portal Login
Explore the safest trading environment with fast execution and no requotes. With over 3 decades of capable reliability, the MetaTrader 4 , also known as MT4, is an online trading platform used by both novice and experienced traders. Having well established itself as an industry standard and combining intuitive features and functionality, the MT4 platform includes everything a trader needs to succeed in online forex trading. With over 3 decades of capable reliability, the MetaTrader 4, also known as MT4, is an online trading platform used by both novice and experienced traders. Our services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products.
LimeFx’s Desktop MT4 Platform
The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC. For clients based in the United Kingdom, it is regulated by the Financial Conduct https://limefx.vip/ Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates LimeFx in the country.
A webinar section was locked, leading to a live account application, while the seminar section contained just two non-English programs in MP4 format. LimeFx offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage.
The mobile app affords traders quick and easy access to the market on the go. I checked the usability of the mobile app version of MT4 by testing how long it would take me to do just that. In just a few seconds, I was able to log into my account, go to my open orders, and adjust the parameters (move the stop-loss) of a trade. With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader. The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version.
Automated trading is possible via MetaTrader’s Expert Advisors (EAs) feature. LimeFx provides Virtual Private Server (VPS) hosting to ensure better connection and faster execution for algo trading. Social trading is also available via LimeFx’s ‘AutoTrade’ feature, allowing clients of the broker to choose the best-performing trading strategies.
Being a modern HTML5 application, it runs without requiring any additional browser plug-ins or add-ons. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. LimeFx does not offer its services to residents of certain jurisdictions such as USA, Cuba, Sudan, Syria and North Korea. The LimeFx website is available in many different languages, while the MT4 platform can be opened in even more, which makes it suitable for traders from all over the world. When registering their account, LimeFx can opt for the following languages – English, German, Spanish, French, Italian, Portuguese, Polish, Russian, Japanese, Arabic, Korean, and Chinese.