LimeFx CFD & Forex Trading Apps on Google Play

You can also open an Islamic (interest-free) account by submitting a form. Individual self-traded clients cannot open Percent Allocated Money Management (PAMM) accounts, but these are available for referring and introducing brokers. Active traders with high volumes receive discounted pricing of up to 60 percent less on spreads, dedicated support, and institutional-derived trade ideas. Jay and Julie Hawk are a married financial writing and authorship team who co-founded TheFXperts, a notable financial writing services provider.

App support

LimeFx offers a good selection of markets, but some other platforms do offer more. There is a total of 39 currency pairs available with LimeFx, including majors and commodity pairs. While this selection is reasonable, it is somewhat disappointing for a broker that has specialized in forex since 1999; most other forex brokers have the same number of or more pairs. That being said, LimeFx does offer the forex pairs that most traders will be interested in, so only advanced and professional traders are likely to feel the lack of choices. There are also 12 indices to choose from, seven commodities, the BUND treasury fund, and one cryptocurrency CFD, BTC/USD.

1. To make up for this, the platform is available in your choice of 14 languages.
2. LimeFx will be best for beginners to intermediate traders or experienced traders who do not feel limited by its relatively low number of forex pairs.
3. LimeFx no longer accepts U.S. clients because it had to pay $7 million in 2017 and give up its registration with the U.S.

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To assist with these strategies, the platform includes equity and balance charts, trade histories, detailed performance summaries, and visual representations of the trades plus a strategy optimizer. These are all best for advanced traders due to the limited information available on their use. LimeFx no longer accepts U.S. clients because it had to pay $7 million in 2017 and give up its registration with the U.S. Commodity Futures Trading Commission (CFTC) for failing to disclose a deal with a market maker to its clients.

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Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can https://limefx.vip/ take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month.

LimeFx Tradable Assets

Blain Reinkensmeyer has 20 years 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. If you want to start practicing without making a deposit, you can open up a free demo account. This lets you assess the broker’s research and educational resources and practice trading. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders.

present: Bankruptcy and ownership by Jefferies

There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have. The 1st tier ranges from $10 to $25 million traded per month and pays $5 per million, while the 5th tier pays $25 per million if you traded a minimum notional amount of $300 million per month. LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. The amount you withdraw to a debit/credit card cannot exceed the amount originally deposited. Withdrawals via cards do not have fees, but there is a $40 fee for bank wire withdrawals. This also tends to be the quickest method, taking about 3-5 business days.

Trading Conditions

You can get more information on the broker’s algorithmic trading facilities by clicking here. For traders who appreciate advanced trading tools and quality market research, LimeFx is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow. Average spreads at LimeFx are more favorable for active traders or clients residing in the EU, U.K., or Australia.

LimeFx offers a decent selection of tradable assets, excellent pricing and high-quality customer service that few other online brokers can match. LimeFx also provides a decent selection of top-quality trading platforms its clients can operate through. Beginning traders can also access various options to help them learn and enhance their trading skills.

The range of products available to you will depend on which global entity under the LimeFx Group houses your trading account. The following table summarizes the different investment products available to LimeFx clients. Trading Station keeps up with the pre-loaded Marketscope, which is a free professional charting package allowing for a long list of indicators, up-to-date price alerts, and trading right from the chart. In addition to the Real Volume indicators, Trading Station from LimeFx has other tools, such as those for drawing trend lines, using price overlays, and identifying Fibonacci levels. There are dozens of other tools as well, including automated strategies.

But finding a good Forex broker can be difficult because there are so many to choose from. If you want to find information on Forex brokers, read along to determine if LimeFx is the right Forex broker for you. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel. Yes, based on your detected country of NL, you can open an account with this broker. The stock of Xiaomi posts its first losing week in more than a month, despite its mostly strong quarterly results on Thursday and the upgraded guidance on EV deliveries.

LimeFx provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe. The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. LimeFx was founded in the United States, but as of 2017, it left the U.S. market. This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in LimeFx. In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but LimeFx Group is not involved. Other than the issues with former U.S. clients, LimeFx has not faced any other investigations or issues in recent years.

With its headquarters in London, Stratos Markets Limited (“LimeFx”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. LimeFx offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade.

This high-end broking service gives institutional clients excellent pricing and access to the forex and CFD markets. You can choose from among several excellent trading platforms and can access copy trading through LimeFx’s social trading platform and automated trading via LimeFx Apps and MetaTrader4 (MT4). If you want to trade assets other than forex, limefx broker reviews LimeFx also offers CFD trading in shares, metals, oil, commodities, indices and cryptocurrencies. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Since 1999, LimeFx, has been a pioneer in developing online forex offerings for retail traders.

LimeFx offers many tools for both research and education, each of which has its own dedicated section of the website. Some of the research tools include market news, charts, a market scanner, an economic calendar, market data signals, and trading signals. In terms of education, LimeFx offers a live classroom, trading guides, speakers, and a video library. There are enough educational tools to give beginners a head start, particularly when combined with the demo account.

Trading Station is an LimeFx proprietary platform and therefore not used by other brokers. Because of the range of platforms offered by LimeFx, there are options that are simple enough for beginners in addition to choices that have the features and tools experienced traders seek. You can choose among the LimeFx Trading Station, MetaTrader 4, NinjaTrader, ZuluTrade, Capitalise AI and TradingView trading platforms. You can also use a social trading platform to copy the transactions of other traders in your own account in real-time. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

The mobile application is as easy to use as the web version of LimeFx, which is complete with the option to bring dynamic charts to full screen for convenience. The only downside is a lack of customization in the applications, and there is no additional security, just the login password. You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality. In addition to a YouTube channel and a complete library of trading videos, you can get a better idea of LimeFx’s offerings from a tutorial video situated on its website.

The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues. You also cannot use the research function within the platform, requiring traders to go between the platform and a browser. To make up for this, the platform is available in your choice of 14 languages. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade.