LimeFX broker

To finish off our comparison, let’s look at the popular tools and features traders prefer side by side. There are more than 100 shares offered for different markets such as the United States, Germany and the United Kingdom. They also have about 70 different currency pairs as part of their forex offering.

LimeFX broker

When trading on financial markets you will want to know all about who FX Open or LimeFX are, and how they compare. You will naturally want to know how long FX Open and LimeFX have been in business and what reputation FX Open and LimeFX have. On top of this, you will need to discover if FX Open and LimeFX match your trading needs. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker.

It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career. An Islamic account is for people who respect the Quran and want to invest in the Islamic stock market. Islamic trading accounts might seem very niche, but it is essential for those concerned as it follows certain ethics concerning the principles of Islam. ECN accounts are used for fast and efficient trading, with lower transaction costs and greater transparency.

How FX Open and LimeFX Compare in 2023

If you are still looking for an alternative to FX Open and LimeFX and want to see how FX Open or LimeFX compares Vs other brokers check out the FX Open Vs and LimeFX Vs list below. LimeFX is not listed on any stock market, does not disclose its yearly limefx scam report on its website. This is not terribly unusual for a broker, but you will want to check all of this out before you continue. The choice of payment methods depends on the company that you open an account with, and your country of residence.

LimeFX broker

LimeFX competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary LimeFX Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions). Firstly no bank wire option for LimeFX international, what i must use bank card for 10k deposit what lunacy, clearly bank trust issue. So they push traders into loss, make SL hit way lower, ive seen this with brokers over the years this is not to be expected post 2020 with more regulation and this was during normal market hours. Despite the fact that we found that LimeFX does not provide advanced educational materials with Webinars or Seminars, Technical analysis, News feed, and other research tools are in the package. Besides, comprehensive investment opportunities either through their own trading strategy or by following of PAMM account may be interesting for both beginning and professional traders.

More by LimeFX

The ability to trade with the click of a button is essential and allows you to make trading decisions on the FX Open and LimeFX platforms when convenient. Without this, you cannot take advantage of every situation that may or may not occur in the financial markets. FX Open allows traders to trade up to 100 financial instruments

while LimeFX have around 430 on their trading platform.

However, unlike the MetaTrader platforms, cTrader uses the popular C# programming language to automate trades. MT4 and MT5 use a proprietary language called MQL, which you may find hard to learn. Last but not least, cTrader supports neither shares nor futures. LimeFX is a well-capitalized, trustworthy broker that offers multiple platform options, multiple trade execution methods, and can cleanly execute large orders for professional traders. Crypto trading is available through 24 currency pairs including BTC, LTC, NMC, PPC, ETH, DASH, and EMC, with commissions of transaction volume of 0.25% through the first deposit of $10.

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 ECN account is the most popular, offering the best prices, spreads and execution speeds with access to an interbank liquidity pool.

Is LimeFX or LimeFX safer for forex and CFDs trading?

However, I need to use the desktop platform as the web version cannot run expert advisors (automated systems). LimeFX clients receive real-time quotes from the industry’s largest liquidity providers. The list of LPs includes Dresdner, SG Paris, Standard Chartered, Barclays Capital, Bank of America, CRNX, JPMorgan, Morgan Stanley, Deutsche Bank AG, RBS, CITI, UBS, HOTSPOT INST, GOLDMAN & LavaFX.

  • Educate yourself, and use all FX Open and LimeFX educational resources and financial research tools.
  • FX Open is regulated by Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC) and have been in business since 2005.
  • It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by.
  • Professionals, once the status is confirmed may gain higher leverage levels, while all traders are definitely advised to learn more about leverage use and how to use its potential to the best of.
  • It would be great if they could implement some more market analysis tools in the future.

I don’t find this that suspect since there are a ton of offshore brokers that are operating today and they are regulated in other jurisdictions that I would consider top-tier. LimeFX UK clients have protection from the Financial Services Compensation Scheme (FSCS). This is a compensation https://limefx.name/ fund to protect eligible clients for up to £50,000 in the event LimeFX UK cannot return money due to bankruptcy or something else. After doing some digging I found out that there is a long list of terms and conditions in order to be eligible for this compensation fund.

Can I trust LimeFX?

There are two sections on the LimeFX website that include frequently updated market news & analysis. They cover multiple markets with detailed write ups and explanations that are supported with clear chart annotations. You can use them to get potential ideas for trading opportunities and to keep up to date with the latest market insights. LimeFX also provide mirror trading via the popular social trading website Myfxbook.com.

LimeFX is one of the most established forex brokers on the scene today and they have the respect of traders across the world. They always look out for their customers and have a diverse range of instruments available for traders. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research and detailed forex guides, and we monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

On the other hand, bank wire transfers may take 1-3 business days. The website displays a list of all the PAMM accounts available to follow which can be filtered according to your own preferences such as gain, drawdown and trading days. It is very important to emphasise that the PAMM results are historical and there is absolutely no guarantee of future performance. For those of you who need managed accounts, Eightcap and ACY Securities are also worth consideration.