Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. The platform offers competitive spreads that range from 0.8 to 65 depending https://limefx.group/ on the type of currency pairs. The currency pairs like EUR/USD and a few others have a tight spread of 0.8 pips; most pairs have competitive spreads except USD/ZAR, which has a spread of 65 pips.
- 3-D Secure technology adds an authentication step for protecting your online VISA/Mastercard payments.
- However, when compared to research leaders IG, Saxo, and CMC Markets, LimeFx has room to enhance its research offering.
- Calculate currency conversion in real time with our free currency converter.
- The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts.
- LimeFxFX offer a great choice of platforms for convenient access to the markets on all of your devices.
Overall, there is a lot to like about LimeFxFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader. The trading costs are very competitive whilst customer support is prompt to answer questions.
LimeFx trading account types
The calendar has advanced filters to only show news that is relevant to you. I think this is a vital tool and always like to check if there is any pending news before taking a trade. You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. Blain Reinkensmeyer has 20 years limefx broker reviews of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough. However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner. I have always found them to be reasonably quick to respond but think they could improve by extending hours to 24/7 support. LimeFxFX aim to minimise trading costs with 97.5% of orders executed without slippage through the STP (Straight Through Processing) and ECN (Electronic Communications Network) models implemented.
We launched our trading app on iOS
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. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. Founded in 2011, LimeFx (formerly LimeFxFX) is part of a group of global entities, which include LimeFx Markets LTD (based in the island of Mwali) and LimeFx Markets Cyprus Ltd (based in Cyprus).
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The broker also has their very own trading app which provides a modern and sleek interface for an enjoyable trading experience. MetaTrader 5 (MT5), besides simply offering more than MT4 does, also includes features and trading functionalities that are better than many other online trading platforms available today. With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options. Operating under multiple top-tier financial regulators and offering security measures like negative balance protection, funds segregation, etc., makes the broker extremely reliable.
Algorithmic/Automated Trading on MT5
You can create multiple trading accounts for your LimeFx profile, each with its own balance and leverage. To open your first LimeFx trading account, sign up and follow the instructions. You can always open more trading accounts on different trading platforms for free. I feel that the platforms should have more than enough tools for most of you to get by. You can also find loads more of free and paid add-ons to further enhance their capabilities.