Forex Trading in the Global Currency Market
LimeFX provides CFD trading, which allows traders to speculate on the price movements of these assets without actually owning them. Traders can even set uptheir own alerts and messages on the platforms, which can be based on certainsituations, price levels, or technical indicators. Even when they aren’t actively watching the markets, buyers can stayup to date on market changes and possible tradingchances by getting timely notifications. Pleasenote that deposit and withdrawal methods vary based on client location. 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.
Platforms & Tools
Millions of traders are drawn to the trading edge offered by being able to apply powerful software tools to their strategies. These awards act as indicators for reliability and class, showing how determinedly a broker engages in offering high-standard services aimed at fulfilling customers’ interests fully. It proves LimeFX’s continuity that has seen it bag many of these esteemed prizes. First, there is negative balance protection, which means that even if markets move rapidly against your trades, your account will not be negative.
A World of Trading Opportunities
- The BlackBull Markets site is intuitive and easy to use, making it an ideal choice for beginners.
- Once the application is complete, there is a short delay whilst the broker verifies your details.
- LimeFX shows its partners howmuch it appreciates their hard work in promoting the business by giving thempoints based on how much their suggested client’s trade.
LimeFX personal account managers have a reputation for ensuring their clients get the best from their trading activities. MT4 also supports backtesting of strategies, though it’s limited to single currency analysis. LimeFX offers traders the choice between MetaTrader 4 (MT4) and MetaTrader 5 (MT5), each catering to different trading needs. The key difference between the two accounts is the Micro Account allows trading with micro-lots (1000 units).
Create an MT4 or MT5 account and trade in all your devices
We compared the 38 brokers across the 9 most traded currency pairs and found LimeFX has more expensive average spreads for 5 of them. The overall average was also the highest limefx scam of all the brokers we compared primarily due to USD/SGD rate which I verified twice as it was so high. LimeFX is a well-rounded broker suitable for traders of varying experience levels.
This is well above average for the sector and reflects the commitment that the broker makes to client support. The link to opening an account with LimeFX is found on the broker’s homepage. By clicking on ‘Open an Account’, the user is taken to an area of the site where they can set up either a live account or a demo account. The competitive pricing is also backed up by clients being offered a free VPS and the behind the scenes infrastructure ensures the execution is fast and reliable. 99.35% of all trades are executed in less than one limefx reviews second and there is a strict ‘no re-quotes’ policy and no virtual dealer plug-ins.
LimeFX email support works well and typically provides answers in 24 hours or less.
LimeFX offers great customer service, which is currently available in over 20 languages. LimeFX broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. The platform takes several measures to protect users and their accounts. To make a deposit, you simply need to log into your trading account and go to the deposit option.
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