LimeFX lacks more trading tools, like CFDs on stocks for example, which became so popular recent days. It maintains sufficient capital reserves, segregates client deposits from corporate funds, offers negative balance protection, and undergoes audits. I take advantage of broker’s competitive pricing and market execution to apply trading bots.
Range of platforms
I like how tight spreads they provide on the forex market and the spreads are even more tighter than from other major and famous brokers. The technical support is good and it is noticeable that there are competent guys working. In addition to access to daily market analysis and market education resources, you can get a 100% first deposit bonus of up to $2,000 when you open an LimeFX XL account. If you want to check out this broker’s services and trading platform, just open a free demo account with no minimum deposit. The broker supports the popular MetaTrader 4 trading platform with multiple terminal capabilities and a multi-account manager.
You can even get a VPS service for free to keep your automatic trading bots running smoothly if your own Internet is spotty. LimeFX provides trading in over 70 major, minor and exotic currency pairs, with especially tight forex dealing spreads. Spot gold contracts for difference (CFD) can be traded against the U.S. dollar and the EU euro, while spot silver, palladium and platinum contracts can only be traded against the U.S. dollar. You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts. The diversity of financial instruments which this company offers to customers is really huge. They have been running the business for over 14 years, so it seems they managed to add limefx forex broker a lot of instruments for all this time.
LimeFX $50 Free – Start-up Bonus Terms & Conditions (EXPIRED)
LimeFX deploys an ECN/STP execution model and does not manipulate quotes. While many forex traders are familiar with the MetaTrader 4 software, which allows for expert advisors that can automate your trades, no other trading platform is offered. If you have a broad range of assets that you trade, such as international stocks, bonds or other equities, you might want to consider limefx review an international broker that provides these services. Clients have access to the full suite of the out-of-the-box MT4 trading platform.
- CySEC is a top-tier regulator that helps ensure LimeFX follows strict business standards and implements safeguards like negative balance protection and segregated client funds.
- Terms and conditions do apply to this promotion, especially when it comes to making withdrawals, so make sure you read and understand them before making a deposit.
- Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.
- Not only can you select from a wide range of charting tools and technical indicators with this app, but you also get real time market pricing.
LimeFX Trading Hours (GMT +
LimeFX provides clients with daily technical analysis for the EUR/USD, GBP/USD, and USD/JPY. While each analysis is brief, it features all required information for traders to take a position. It also maintains a blog where it publishes market-related content, but the Forex News section does show wide gaps between its posts. With such a useful market analysis, we would love to see the section expanded to other pairs. LimeFX offers traders the core MT4 trading platform without third-party upgrades.
To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. The Vanuatu Financial Services Commission (VFSC) provides LimeFX with a competitive regulatory environment for international clients.
However, the selection falls short of the comprehensive educational offering available from best-in-class brokers like eToro, limiting the brokerage’s appeal to beginners. These combine well with LimeFX’s free forex VPS, hosted by BeeksFX, which is available to traders who deposit at least $2,500 and trade at least 30 lots per month. I really like the ‘average spread tool’ available on the broker’s website which displays fees over recent trading sessions. This is a rare feature that you don’t see at many rivals, and a promising sign of transparency.
This is a great broker with a wide range of useful services. That’s a key factor for me and that’s why I decided to join them and I can say since the moment I started trading through this broker I didn’t have any problems. Positives are the no minimum deposit, free demo account and excellent support, however it lacks the educational tools or social trading features provided by category leaders like eToro. LimeFX works very well for intermediate and advanced forex day traders seeking high leverage and tight spreads from a ‘frill-free’ broker.