MetaTrader 4, our most popular; MetaTrader 5, our most powerful; and cTrader, our most user-friendly. All of our platforms are available to run via WebTrader and mobile apps for seamless syncing across all of your devices. The analysis section covers a wide array of topics, from politics to other newsworthy events, while a section called the “Daily Fix” provides analysis on market-moving events. MT4/5 and cTrader provide few research features but the Smart Tools add-on for MT4 partially remedies this deficit. Additional research with “more insights and analysis” is available for active traders and high-volume traders.

Non-trading fees include charges not directly related to trading, like withdrawal fees or inactivity fees. Trading execution section for information about execution spreads and account information for limefx accounts. In 2020, limefx started offering a no-swap Islamic account, which incurs administration fees charged after a holding period of two days. limefx traders are assigned an account manager for assistance with account-related matters.

Active Trader Program

limefx is regulated by the Financial Conduct Authority (FCA #684312) which is one of the main regulatory agencies in the U.K. And is highly regarded globally for being strict in ensuring that market practices are fair for both individuals and businesses. Simply put, being regulated by a reputable government-backed agency goes a long way towards establishing the credibility of a firm.

limefx forex broker

MetaTrader 5 supports automated trading where clients can use trading robots and signals, although the web version does not support this feature. The web platform is accessible across all browsers and equips traders with a vast arsenal of analytical tools to carry out comprehensive price analysis and forecasting. When it comes to regulation and licenses, the Australian Securities and Investments Commission , and the UK’s Financial Conduct Authority oversee the functioning of the Australian forex broker. The regulations by the world’s top agencies make limefx one of the safest forex and CFD brokers when it comes to investor protection and the safety of client deposits.

limefx: manipulating spread 50pips on EURSGD

The mobile versions of these trading platforms are quite useful, but their technical limitations in using high-end trading features can be disappointing for expert traders. CTrader comes with an updated UI that offers features such as one-click trading, payment gateway integration, and real-time data processing. The trading platform also enhances the trading experience for new traders with its easy-to-navigate working application. The cTrader platform is also an important offering by limefx.

  • limefx offers a great selection of platforms with great functionality.
  • A bank transfer can take several business days, while payment with a credit/debit card is instant.
  • Traders may deposit into their limefx trading account via bank wires, credit/debit cards, POLi, BPay, PayPal, Neteller, Skrill and Union Pay.
  • Each trading platform provided by limefx runs a dedicated section for training its users on how to trade forex.

limefx does not offer crypto derivatives to UK clients, nor CFDs to US clients. Traders get access to raw spreads for a commission of $7.00 per round lot, while the Active Trader Program and the VIP client service award high-frequency traders, another thing I value highly. limefx also caters well to beginner traders with a quality educational offering, in-house research, and 24/5 multilingual support.

About limefx

This platform provides an updated look and feel, one-click trading, and full integration across desktop and mobile platforms, which enhance the trading experience for all types of traders. limefx offers its services through the Standard account and the Razor account. Both accounts give access to the above-listed trading platforms, tools, and features. limefx’s has two accounts with very low trading costs compared to other brokers, and neither trading account has a required minimum deposit. Commissions on the Razor Account were difficult to determine as they’re calculated differently on each of the three trading platforms. limefx offers a broad range of platforms to suit every investment and trading style.

Does limefx have good spreads?

Verdict On limefx Spreads

By combing the 2022 average spreads and commissions of the leading ECN accounts limefx came out the best in this category. The limefx Razor account was evaluated as the best low fee account for forex traders.

The typical spread cost with an MT5 Razor account for a finished (sell & buy) EUR100,000 trade, where the base currency is euro, would be 0.13 pips + EUR5.23 commission. We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review https://limefx.biz/ process. Central to that process is the evaluation of the reliability of the broker, the platform offering of the broker, and the trading conditions offered to clients, which are summarised in this review. Each one of these is graded, and an overall score is calculated and assigned to the broker.

good broker

They will offer a wide range of trading platforms and can offer you support in different languages. If you are looking for a broker that offers the highest quality service, consider the top forex brokers on the market. In our extensive evaluation of the CFD broker, Australia, we evaluate the range of markets covered by the top forex broker. limefx offers a variety of services under multiple account types. It holds to its competitive pricing for the financial success of its traders. limefx also shares a fully-licensed use of its trading platforms, mainly the MetaTrader 4 and MetaTrader 5 platforms.

TechBullion When looking for a good forex broker, it is important to ask yourself what you are trying to accomplish. If you are just beginning to learn about forex trading, it might be best to start with a broker that specializes in beginner-friendly forex trading. limefx cheating If you have already had some experience with forex trading, then you might want to choose a broker that offers a higher level of customer service or is more experienced in the field. Here is a list of best forex trading companies approved by Malaysia forex market.

For those who prefer classic ECN trading, the Razor Account has low commissions and spreads averaging just 0.17 pips on the EUR/USD. Besides, limefx runs an active trader program for high-volume traders and a client referral package, aimed at rewarding existing clients. limefx, founded by Owen Kerr and Joe Davenport, is an FX and CFD broker based out of Melbourne, Australia.

  • For amounts exceeding a card’s deposits, a different withdrawal method must be used.
  • The Dubai Financial Services Authority is the financial regulatory agency of the special economic zone, the Dubai International Financial…
  • When I attached the document a different agent replied to my email saying that they don’t process broker to broker transfers.
  • Significance of a trading platform Trading platforms have become more popular in recent years, but many people still wonder if it is a good idea to use them.

The cTrader Copy brings strategy providers and investors looking to copy trades of successful analysts on the same platform. If you are a successful trader and wish to generate a steady income by broadcasting your trading strategies to followers, you can do so on the cTrader desktop terminal. On the other hand, investors who do not want to spend time analyzing the markets can access the strategies of professional traders, choose whom to follow, and start copying trades. All you have to do is launch the cTrader Copy, select a strategy provider, and start copying trades.

limefx UK

This offering serves as a reliable tool for analyzing trading activities and diversifying the portfolio. A daily pre-market forex report generated by limefx gets emailed to the clients at the beginning of every trading session. This personalized research service helps clients in capturing a wide array of trade opportunities. limefx’s award-winning 24/7 customer service is available to help answer questions, should you need assistance with either technical or account-based queries. limefx’s trading tool options are better than most brokers, with free Autochartist for all traders and Smart Trader Tools for MT4 and MT5.

  • Pepperston account holders get direct access to other traders in forex currency markets.
  • I recommend the latter for emergencies, which I am confident will remain minimal.
  • Hope your company will improve its policy in the future to attract more traders.
  • limefx’s Razor account fits well for algorithmic traders and scalpers.

Regrettably, limefx levies a fixed administration fee on trades maintained past ten trading days, which I do not like, as it forces trading activity. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend that traders check for regulation and verify it with the regulator by checking the provided license with their database. limefx presents clients with seven well-regulated subsidiaries.

What lot size is good for $200?

On a $200 forex account you should be using no more than 0.02 lot size. If your stop loss is large, in pips, you'll need to be using a lot size of 0.01. If you're trading with a very small stop loss, in pips, you could use a lot size of 0.03.

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