In fact, there are not a very large number of real ECN brokers who would offer decent trading conditions.I think LimeFx is one of those brokers. I used to trade with another broker, but their spreads and commissions ate more than 20% of my earnings. Here I have a totally different situation – I practically do not notice any spreads or commissions…There is also one more detail that is very important to me.

Why Traders Choose LimeFx

Trading conditions and execution time is out of this world.What mostly makes me happy the most is the 0 spread and zero commission. As a day trader this has remarkably increased my perfomance. My only disadvantage is that you are limited to 50 lots per trade so you have to open multiple orders. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies.

This broker has fabulous trading…

If you are looking for more platforms, then RoboForex could be an option for you as they have a good selection. A Forex e-book and educational glossary are also included under the LimeFx “Education & Research” header. This feature indicates that LimeFx is perfectly fine with teaching new traders the ropes.

How To Make A Forex Trade

Beginners will appreciate the straightforward pricing model with zero-commission trading, while experienced traders will rate the tight spreads with no restrictions on trading strategies. Apart from the various trading tools that you will find built into the MT4 trading platform, you are provided with some useful standalone trading tools to help get the most out of your trading. These tools include a Free VPS, Economic Calendar, Economic https://limefx.name/ Analysis and Forex Live Charts. However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at LimeFx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.

I particularly enjoy the daily market analysis provided by in-house experts and the morning roll call, though I do feel LimeFx can improve its research by introducing regular live streams with experts and real-time trading sessions. LimeFx’s stop-out kicks limefx review in when your margin level drops to 50% or lower. At this point, the forex broker will begin to close your positions until the margin level of your account is above the threshold again. You can avoid a stop-out by depositing funds into your account.

For example, the EUR/USD currency pair is the most liquid currency pair in the forex market, so it generally has the tightest dealing spread. If an important news event occurs, such as a key economic data release, the EUR/USD dealing spread can widen considerably depending on how much market volatility the event causes. LimeFx Introducers earn according to the trading activity of their clients, based on the volumes they generate. For each lot traded on their client’s account, LimeFx issue a compensation immediately available for withdrawal in the Introducer’s rebate account. Traders using the MetaTrader 4 Mobile App enjoy powerful functionality for trading Forex at anytime and anywhere on the planet. An entire library of analytics and trading options is available for mobile devices.

LimeFx’s non-forex asset list is less competitive, with the lack of shares a notable exclusion and very few other markets. Many competing forex brokers such as CMC Markets and Plus500 offer trading in thousands of global instruments including stocks from a range of international exchanges, so LimeFx is behind the competition here. The account stands out as a competitive option for traders of all experience levels.

Perhaps, it’s one of the most significant characteristics for traders. I can picture my collaboration with the broker is mostly positive for me. There were some hitches in my trading here but I attribute it to my lack of experience and the fact that for the last time I was impressed by economic news. If you have any questions about our products or services, or you’d like help opening an account, please feel free to get in touch with us.

• A Forex e-book and educational glossary are also included under the LimeFx “Education & Research” header.
• The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time.
• LimeFx’s stop-out kicks in when your margin level drops to 50% or lower.
• Like their service and waiting for future promotions and bonuses…
• This feature indicates that LimeFx is perfectly fine with teaching new traders the ropes.
• Furthermore, all client funds are held in accounts with major international banks and kept segregated from LimeFx corporate accounts.

I proceeded trading’em with other brokers, but also signed up here to trade crosses only.I like that the broker offers the same leverage for majors and crosses. I know from experience that any company that provides some services always describes them as better than they really are. That’s what I thought about LimeFx when I saw information about trading conditions and services on broker’s official website.As it turned out, all conditions and services work almost as described. Of course, I had little difficulty, but broker’s representatives helped me to deal with them. But it’s the analyst reviews and articles that have become my real love.

In conclusion, both price action and indicator-based trading have their merits and drawbacks. Finding the right balance between the two approaches, tailored to your individual preferences and trading objectives, is key to success in navigating the dynamic forex markets. Whether you choose to dance to the rhythm of price action or follow the steps of indicators, remember to stay adaptable and continuously refine your trading strategy for optimal results. Our forex broker ratings are the result of a blend of quantitative data and qualitative insights gathered during the testing process. This approach allows us to identify the best forex brokers for a variety of trading styles, skill levels, and financial parameters. Yes, it is possible to have a profitable strategy when trading with LimeFx, which offers the reliable MetaTrader 4 platform and plenty of analysis to support forex trading.

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 broker’s no dealing desk (NDD) execution model also prevents re-quotes and involves no dealer intervention in your trades. LimeFx’s Price Aggregator automatically scans the market for the best bid/offer price combinations, thereby ensuring you get the most competitive and transparent executions for your trades. Keep reading our LimeFx review to find out if this broker would be appropriate for your needs. LimeFx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience.

I don’t know what the broker says about withdrawal, I haven’t even checked it… But every time I order it, the money comes to me within 2 hours. Still, I feel that LimeFx could become a more attractive forex broker by expanding the range of tools it supports. One excellent addition would be copy trading, allowing rookie traders to mirror and learn from more experienced peers, who can earn commissions from copiers.

Discussed individually below, these features include educational tools, customer support, and client monetary protection. LimeFx’s ‘No Dealing desk’ execution model comes with no dealer intervention and no re-quotes. Client trades are made on prices provided to LimeFx by its liquidity providers. The Price Aggregator automatically scans these so traders are assured of only ever getting the best available Bid/Ask price combinations, ensuring that all orders are executed in a truly competitive and transparent method. LimeFx’s headquarters are in Cyprus, the company is comprised of a dedicated team of professionals with extensive experience in the financial industry.