LimeFX offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself alongside your live CFD account.
While setting up their demo account, traders will only be allowed to go for an account with a floating spread. LimeFX is a powerful broker that can help you boost your trading with flexible leverage, low spreads, fast execution, and quick and easy deposits and withdrawals. On the other hand, LimeFX does not offer any alternative trading platforms and does not incorporate any third-party tools. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action.
Traders who create an account at LimeFX are given access to 80 currency pairs, and counting, including some of the most commonly traded pairs like GBP/USD, EUR/USD, and USD/JPY. LimeFX offers advanced trading tools, comprehensive educational resources and up-to-date market insights to make you a more strategic trader. Traders looking to expand their forex education can access many different learning resources like blogs, webinars, podcasts and videos-on-demand. Traders may also benefit from flexible leverage, low spreads, high-quality 24/5 multilingual customer support, and security of funds.
How do I deposit into a LimeFX account?
However, the platform is quite old, and its rugged design is outclassed by newer and sleeker platforms. I tested LimeFX’s transparency by checking the availability of essential information on the website. All essential safety information is present and written in an easy-to-understand way. In our reviews, we examine the licenses and regulations of each entity operated by a broker. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation.
What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals. The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. LimeFX is an international broker that has become popular with global traders.
A market for everyone
- You can access 300+ underlying instruments from 6 asset classes at some of the most competitive conditions.
- If traders choose to contact the customer support hosts via live chat, they need to decide if they want to get assistance in English, French, Spanish, Chinese, or Arabic.
- The brokerage firm undoubtedly stands out from the crowd with its premium-quality customer service, which is offered in more than 30 languages.
- The MetaTrader 4 platform is accessible on Mac and Windows-powered desktop devices and can be downloaded for free.
- LimeFX is not targeted to residents of the EU where it is not licensed.
- It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities.
You should take into consideration several factors, such as whether the account type has a minimum deposit requirement, its spreads and commissions, the execution method, and more. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery. For example, a long position on gold would generate profit as the price rises or incur a loss as it falls, all without the need to purchase actual gold bars.
Trading Instruments
Join us and choose the account type that best suits your needs and start trading with competitive spreads. With LimeFX, we offer a reliable platform, fast execution and solid trading conditions. LimeFX is a multi-asset broker that is gaining prominence for its fast execution and low spreads. To give its clients the most out of their trading experience and cater to all levels of experience, the broker offers them a choice from several account types, including Cent, Standard, Premium, and Privilege. LimeFX provides a range of account types to ensure that finding a type that suits their requirements and trading needs will be a breeze. You can choose between Standard, Privilege, limefx reviews Premium, and Cent accounts that all give traders access to CFDS on futures, shares, metals, indices, Forex, and commodities.
Traders who create a Standard account will be given access to the full range of instruments the limefx broker reviews brokerage firm provides as they will access CFDs on commodities, indices, Forex, metals, shares, and futures. Users of the brokerage firm who are new to trading precious metals can improve their skills and practice their strategies while using a risk-free demo account. LimeFX allows its clients to trade metals on MetaTrader4 and WebTrader. LimeFX incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions.
Clients of LimeFXr can access their MT4 trading account straight from the browser of any device, be it handheld or desktop, without downloading any software before that. WebTrader offers the same functionality as the downloadable version, meaning that traders will not lose out on any of the features that are accessible through MetaTrader 4. The MetaTrader 4 platform is accessible on Mac and Windows-powered desktop devices and can be downloaded for free.