LimeFX Review 2023 Regulated ECN broker with PAMMs
LimeFX also provide mirror trading via the popular social trading website Myfxbook.com. You can set your account to automatically copy the trading signals of other traders listed on Myfxbook. When a trade is placed on the providers account, the MT4 terminal will send a signal to your account to duplicate the trade. Charts across all markets can be displayed in multiple timeframe as bars, candles or lines.
You should consider whether you understand the risks involved. Clients of LimeFX are able to add a MT5 demo account simply by logging into their account and selecting ‘add account’. Asktraders is a free website that is supported by our advertising partners. As such we may earn a commision when you make a purchase after following a link from our website. Besides access to the cutting edge trading terminals, LimeFX also gives clients the option to auto trade via Myfxbook AutoTrade and Zulutrade.
I hv deposited USD 50.00 via Skrill but…
A LimeFX demo account can also be used by novice traders to practise their trading skills in a safe environment, without risking real money. Opening a LimeFX demo account takes less than 5 minutes, and is available for the MT4 and MT5 terminals and TickTtrader platform. New users will need to fill in a simple form, selecting the account type (Demo ECN, Demo STP or Demo Crypto), and the initial deposit. The broker requires also some basic information, like a valid email address, and a phone number.
- I personally love the news calendar and history centre in aiding my trading decisions.
- LimeFX offer some additional trading tools that make your life easier.
- One of the more popular aspects of the platform is the automated currency trading.
- Is our leading content maker and head of the content department.
The LimeFX STP account allows trading of 50 FX pairs, plus Gold and Silver, and is available only with the MT4 platform. Spreads are also floating, starting at 1.0 pip for major pairs, with no trading commissions and STP accounts can be opened with a low initial deposit – 10 USD. LimeFX Ltd, is a member of the Financial Services Compensation Scheme (FSCS), an independent compensation fund of last resort for customers of authorised UK financial services firms.
Markets & Instruments
To view the payment status and transaction history, select the account number in the left of the client portal dashboard. LimeFX also has partnered with TradingView, a globally established charting and social network platform. Retail investors can download all terminals to desktop devices, and use them as mobile-compatible apps or as web solutions via major browsers. Check the timezone in your area and published market opening times.
LimeFX is a well-established forex broker that has been offering online trading to over 1 million clients across the globe all the way back to 2005. They are an ECN broker that has tight spreads, limefx scammers reliable execution speeds, and competitive commissions. LimeFX can cater to both retail and institutional traders with services including retail trading accounts and PAMM accounts.
LimeFX Account Types
The Islamic traders are also welcomed to take advantage of Forex trading without violating Sharia law by offering them SWAP free accounts. John Bringans is the Senior Editor of BrokerNotes.co and ForexBrokers.com. 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. BrokerNotes is powered by a dynamic team of writers, researchers, content strategists, data analysts, editors, traders, and investors.
According to our database, 92% of forex brokers allow you to trade U.S. stocks as a CFD, while only 29% allow you to own the stock itself. 92% of the brokers in our database (60+) offer Visa/Mastercard, 78% offer Skrill, 70% offer Neteller, and 43% offer PayPal. PayPal has become a popular https://limefx.biz/ funding option for many forex traders – find out which brokers support it as a payment method by reading our PayPal guide for forex traders. TickTrader is a powerful trading platform that allows users to trade forex, stocks, commodities, indices and cryptocurrencies from a single account.
For cryptocurrency CFD accounts, the commission is 0.5% per side. Whilst primarily being a forex broker, LimeFX offer trading instruments in multiple markets including Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs. However, I found them to be lacking in stocks when compared to competitors. For example, TMGM have a superb selection of more than 15,000 global stocks for you to trade, putting them amongst our best stock brokers. LimeFX let you trade on the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. More than 70% of online trading brokers offer MT4 to clients whilst a large percentage of retail forex transactions are conducted through MT4.
There are some third-party solutions that will enable support for Renko charting in MT4. You can load any of the 50+ built in technical indicators for analysing limefx broker reviews charts and finding potential trade opportunities. You can download additional indicators or create your own custom indicators in the MetaEditor.
You trade, you win or you lose, that’s my experience with LimeFX and that’s how it should be, no messing about. Over the years I’ve been with them I’ve done all the normal stuff like loosing my passwords and getting into difficulties with indicators and robots and all that stuff. I’ve rang them loads of times and they’ve sorted me out no problem.
Other fees to be aware of include swap charges on positions held overnight. LimeFX also charges a $10 monthly inactivity fee after a profile has been dormant for six months. LimeFX UK is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA are another very well-respected regulator that aims to protect investors.
As well as evaluating a broker’s product portfolio, fee structure and trading tools, we consider the availability of GBP-denominated accounts, the presence of UK-based customer support, and FCA authorisation. Our experts also factor in their hands-on testing experience into broker ratings. Founded in 2005, LimeFX offers, as you may have guessed from its name, Forex and CFD brokerage services. Clients can benefit from LimeFX’s technology, wide range of trading accounts, and competitive trade conditions. The company fulfills its brokerage service obligations in full. The variety of trading accounts gives us the opportunity to have a better choice and alternatives for managing invested funds.