LimeFx Online Broker Review: Can This Early Innovator Continue to Impress?

As we strive to excel in our industry, we are honored to have clients like you. If there is anything more for which you may require our assistance, don’t hesitate to contact us. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.

The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices. The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research. LimeFx also supports the popular MetaTrader4 trading platform, so you can download the MT4 mobile app that is also available for iPhone and Android. The offer of market research and analysis tools is not exactly at the top of the food chain but is certainly above-average. The offer of educational content is extensive, providing great overall forex-related education to traders of all skill levels. There are plenty of available platforms at LimeFx such as Seer Trading Platform.

  1. You can join the thousands of people who now trade in this hassle-free way with this broker.
  2. These include a variety of indicators, charting analysis, and other add-ons.
  3. LimeFx provides only a few text-based guides as their educational tools for new traders along with their standard demo accounts to practise.
  4. The trading apps can be downloaded from the Google Play store or Apple store.

Also, you only need the most basic of details including your name, email, country, and a mobile number in order to open an LimeFx demo account, the process could not be easier. Added to this, LimeFx also provides for additional insurance which will protect you in the event of bankruptcy and insolvency. The time it takes to withdraw your funds depends on the state of your account and the payment provider you use. Provided that your account is fully verified, withdrawals via wire transfer may take 3-5 days, while all other methods may take up to 24 hours. Following a simple sign-up using their personal details and a handful of questions, traders have full access to the platform. E-wallets and credit card transactions may take up to 24 hours, while wire transfers can take 3-to-5 working days.

LimeFx Research and Analysis Tools

Margin amounts are calculated as a percentage of the notional value of a currency pair and get adjusted as the price fluctuates. Professional account holders do not have negative balance protection, leverage limits, and risk warnings. This tool tells you about market sentiment and volatility across different trading instruments. It can be a useful tool to help gauge in which direction the market may be heading.

LimeFx Full Review

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. The LimeFx Python package is offered exclusively for the REST API and consists of CFD Python wrappers to simplify algorithmic trading solutions. This broker also provides market data, further supporting third-party automated trading solutions.

Leverage LimeFx Forex Broker Comparison

LimeFx is a very well-regulated global Forex broker with a large client base and a big reputation to maintain. All trading platforms fully support algorithmic trading, and LimeFx provides four free APIs to developers on top of a wide selection of third-party plugins. The research section offers a tremendous asset to all traders and warrants an account opening to retrieve free access to it.

I found the mobile app very easy to use although it is slightly limited in functionality when compared to the desktop platform. However, it is ideal for tracking your trades and following the markets whilst on the go. 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. Market analysis tools consist of the standard tools most brokers offer.

In Which Countries is LimeFx not Available?

Use the app to manage your trades on the go; edit, stop or automate new trading strategies, all from your iPhone or Android device. Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties. LimeFx does provide as many tradable assets as some other major forex and CFD brokers. Still, this leading online broker ranks highly among its competitors due to its impressive number of platform choices, quality research, helpful educational resources and tight dealing spreads. Novice traders can take advantage of LimeFx’s extensive educational and research resources, as well as its video library that covers a wealth of trading topics.

Thank you so much for taking the time to leave such a positive review yianni samaras! We are thrilled to hear that you had a great experience with our services. Your feedback means a lot to us and serves as a great source of motivation for our team.If you ever need any further assistance or have limefx review any questions, please don’t hesitate to reach out. The range of markets available with LimeFx is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put LimeFx at the lower end of the broker for currency choices.

A minimum deposit of $50 is required to get started with the broker. Lastly, the broker has trading instruments from a limited number of asset classes when compared to industry leaders such as IG. LimeFx falls under top-tier government regulatory authorities such as FCA, ASIC, and FSCA.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. As a client-oriented broker, we are always happy to read feedback like yours. If you ever want to share any preferences or suggestions, we’d love to hear you out.

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