LimeFX is good for day trading thanks to its very tight spreads in the ECN account, leverage trading opportunities, and access to the fast and dependable MetaTrader 4 platform. LimeFX enhances the mobile trading experience by offering the MT4 application, compatible with iPhone, iPad, and Android devices, ideally suited for day traders. However, this is still a powerful platform that will provide everything needed for experienced traders to conduct technical analysis while also being intuitive enough for beginners to pick up easily. This long-time industry favorite is starting to show its age after decades since its release, and we prefer for brokers to offer a selection of platforms with newer and slicker options, especially for beginners. Still, LimeFX has done well by providing an attractive, affordable and simple account option for day traders who will appreciate having no trading restrictions or minimum deposit requirements.
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You can also trade Spot US Crude Oil (WTI) and Spot UK Brent Oil (BRENT) contracts. LimeFX supports the MT4 mobile trading platform that provides excellent trading features you can also enjoy when using the MT4 desktop platform. 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. Accessing the MT4 app through an LimeFX account is also straightforward, requiring only 3 easy steps, while mobile traders get the same tight spreads and reliable execution provided by the broker. LimeFX has earned a good score for its fees due to the tight ECN spreads combined with no commissions, an unusual pricing model that places this brand among the cheapest forex brokers we have reviewed.
- MetaTrader 4 includes trade alerts, a handy tool to help you track the most favourable trading environment and market conditions.
- The agents were friendly, and provided suitable answers to all my queries, in a personalized manner with no frustrating chatbots in sight.
- It’s fine if you want a no-fuss trading experience but seriously lacking in the research tools, analysis features.
- LimeFX’s seamless process makes it easy for users to get started.
- 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.
Withdrawal Fee
Because I get enough stress at trading, so I don’t need it outside of it. ForexBrokersOnline.com is committed to helping traders find the right forex broker for their specific requirements. LimeFX does not have a dedicated mobile app, but clients can trade using MT4’s app, which is available from the Apple App Store and Google Play. I rate LimeFX’s customer service as top-notch in terms of responsiveness and speed.
Honestly, I was having a lot of doubts before I started working with this brokerage company because I have not heard a lot about them. Anyway, after reading some reviews I decided to give it a shot and signed up for this company. To my surprise everything was better than I expected, I didn’t have any problems with the registration process. 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.
Fees & Costs
LimeFX provides traders with access to a variety of research and educational tools designed to enhance trading knowledge and skills. These resources cater to both beginner and experienced traders, offering valuable insights into market trends and strategies. While the broker does not boast an extensive educational library, it offers enough material to assist traders in improving their technical and fundamental analysis skills. LimeFX offers traders a transparent fee structure with no trading commissions under its ECN XL account, relying solely on competitive spreads. The broker focuses on keeping costs low, making it a popular choice among cost-conscious traders.
The platform allows orders to be placed in a variety of ways, including trading directly from charts. Embedded tick charts are an extremely useful way to determine accurate entry and exit points. MetaTrader 4 includes all the trading functions the modern forex trader needs. Market orders, pending and stop orders, trailing stops – all are right there at your fingertips with MT4. I’ve been trading with LimeFX for several months straight, and I can claim that conditions here are pretty remarkable. I can’t say that my experience here leaves a lot to be desired, because the set goals were reached and I am satisfied with it.
Deposits & Withdrawals
Whether you are facing technical issues, account-related queries, or need help with your trading platform, LimeFX’s support team is prepared to assist promptly. While the broker does not offer phone support or automated bots, the availability of live chat and email ensures that most issues can be resolved quickly and limefx forex broker effectively. This customer-centric approach makes LimeFX a solid choice for traders who prioritize responsive and professional support. LimeFX offers reliable customer support to assist traders with any questions or issues they may encounter.
LimeFX applies a spread-based fee for forex trades, with no additional forex-specific charges. LimeFX brand is an international brand that is registered and regulated in various jurisdictions and is limefx forex brokers reviews committed to offering you the best possible trading experience. MetaTrader 4 trading platform comes with its own built-in language for programming trading strategies.