The products, features and protection can all vary depending on the entity that you decide to open a trading account with. LimeFX 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. What this means is that you can get your trades placed on the markets at limefx review the best available prices at all times.
LimeFX Main Features
LimeFX offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFX wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. LimeFX has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
The entire process can be completed quickly, often within a day, provided the necessary documents are readily available. LimeFX doesn’t require a minimum deposit to open an account, a notable point in their favor. LimeFX requires a minimum deposit of only $25, lowering the entry barrier for many traders.
Proprietary App
The broker uses strict data encryption techniques to safeguard sensitive personal and financial information supplied across its systems. Other notable tools include widgets that clearly display live quotes, interest rates and national holidays. Overall, the broker has plenty of tools for everyone to see some benefit. They are fees necessary for trading, which users must pay before or during trading. The MetaTrader 5 Web Platform (Web Trader) is a slightly stripped-down version of the desktop platform. It allows you to trade without any additional software, only an internet connection is required.
- I have a lot of appreciation for the LimeFX team and this incredible broker.
- There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies.
- Yes, negative balance protection is offered, ensuring customers do not lose more than their account balance under adverse market circumstances.
- Regardless of your preferred trading strategy, they have accounts for all styles of trader, with differing levels of investment and experience.
- The main feature that LimeFX offers is the absence of swaps.
The Web Platform allows users to trade directly from any browser and operating system. Different regulators provide different levels of protection. For example, LimeFX clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC). CySEC requires that clients have negative balance protection, which means they cannot lose more than their deposit.
Is negative balance protection offered?
Their platform is easy to use and their market analysis is consistently reliable and insightful. Their platform is user-friendly and their market analysis is highly detailed and accurate. Customer service is key in the trading industry, we are so pleased to hear this positive feedback. Always great to hear about good customer limefx scam service from a platform.
Clients are allowed to trade their favorites, and at that, with low spreads. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. Client orders received by LimeFX are offset by banks and liquidity providers. NDD (No Dealing Desk) brokers such as LimeFX act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. LimeFX provides 24/7 customer support via live chat and email.
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