They offer 12 cryptocurrency CFDs including the major cryptocurrencies such Bitcoin, Ethereum, Ripple etc. Adding more advanced video courses would only serve to improve Lime Fx’ educational experience. The platform frequently disconnected during important trades, especially during high volatility.
How to Open an Account and Trade on Lime Fx Mobile Trading App?
Many users praise the advice from customer service agents and state that their problems are usually resolved quickly. Industry experts recommend Lime Fx for both beginner and expert traders. However, it’s important to note that this broker does not accept US clients due to regulatory restrictions.
What are the different account types available at Lime Fx?
The Trading Toolbox brings Wall Street to your doorstep by combining a robust trading infrastructure with valuable market insights and an array of trade assistance applications. In addition to its functionality, MetaTrader 5 provides a high level of flexibility. Lime Fx offers versions for alternate operating systems including Mac OS and WebTrader, which is a web platform that is accessible through all popular internet browsers. You can also access your trading account via portable devices using Lime Fx mobile versions for iOS (iPhone and iPad) and Android. The platform includes all the necessary tools required to conduct fundamental and technical analysis, along with the option of developing custom indicators.
It is designed to replicate an institutional trading environment, with features like Level 2 DoM (Depth of Market). The depth of market feature shows incoming liquidity from liquidity providers. Its desktop platform stands out with advanced features, including the ability to run and backtest automated strategies, making it a powerful tool for skilled traders. However, its steep learning curve means it is better suited for experienced traders rather than beginners. It also does not have any investor protection scheme for non-UK/EU traders. Additionally, Lime Fx does not offer any real stocks or cryptocurrencies; it offers only forex and derivatives.
Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and https://limefx.group/ Commerce degree and has an active role in the fintech community. The MT4 platform has a limited selection of just four stocks, making MT5 or IRESS preferable if you are interested in share trading. In our Execution Speeds testing, Lime Fx achieved market order speeds of 96ms, better than the industry’s 134ms average, although its limit order speed was slower at 225ms. Next, analyze the asset and determine a forecast of the price movement. Lime Fx deploys a hybrid market maker/ECN model with NDD order execution.
Why Choose Lime Fx
- Lime Fx claims to be one of the most reputable Forex Brokers in the trading industry.
- In addition, the company offers several educational videos that you will surely find helpful.
- They’ve partnered with Liquidity Connect to provide a customised, ultra-low-latency solution for our clients to minimise slippage.
- Lime Fx let you stay in control with transparent pricing and commissions with your very own trading account.
- You can choose your trading conditions, including commissions, spread mark-ups, account currency, performance fees and margin/call.
At Lime Fx you can trade CFDs across Forex, Shares, Metals, Indices, Commodities & Cryptocurrencies. The broker offers a huge range of 13,000+ tradable CFD products across global financial markets. Simply choose your desired trading platform and begin a seamless trading experience. Demo accounts provide access to live market prices, enabling traders to gain real-time insights into market movements. Additionally, it offers the opportunity to experiment with automatic trading strategies using Expert Advisors, further enhancing the learning and testing experience. Areas we scored Lime Fx the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10).
Platforms
Lime Fx can be a suitable choice for traders with varying levels of experience. With user-friendly platforms like MT4 for forex traders and advanced options like MT5 and cTrader for seasoned users, the broker offers versatility. The availability of different account types, competitive fee structures, and over 10,000 tradable instruments make it appealing for traders seeking diverse opportunities.
A DMA model allows the trader to access identical market liquidity to the underlying market. TopBrokers.com will not accept any liability for loss or damage as a result of reliance on the information on this site. Forex pairs, cryptocurrencies and CFDs are complex instruments and come with a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. TopBrokers.com would like to remind you that the data contained in this website is not necessarily real-time nor accurate. You can contact a support agent 24/5 via live chat, telephone, or email, and support is available in several languages.
Also, the processing time of the deposit varies on the type of your account and the payment method you choose to use. Lime Fx has a section on its website where you can read updated articles about Technical Analysis and Fundamental Analysis of the markets. This makes it easier for traders to know what’s going on in the market value.
- Its compatibility with multiple devices allows trading on the go, making it a versatile choice for both novice and experienced traders.
- Inexperienced traders can learn about forex basics and discover how to properly utilise trading platforms such as MetaTrader 4.
- MetaTrader is also popular due to its automated trading features, allowing users to develop, test, and apply Expert Advisors (EAs).
- Flexibility is one of the advantages of Lime Fx in terms of payment service.
The main reason to use IRESS is to access Lime Fx full range of stocks and to use DMA trading. If you are looking to trade stocks outside Australia with Lime Fx then you are best to use the MT5 trading platform or consider TMGM who have IRESS outside Australia. Whether using iOS or Android devices, Lime Fx ensures that traders have the critical tools they need right at their fingertips, making mobile trading both efficient and accessible. If you live in Australia, you also have the option of opening an IRESS trading account. While designed for stocks, other selected CFD products are also available on the platform.
Lime Fx Leverage
Established in the late 1900s, IG is an online forex trading broker that offers its services to users worldwide. This IG review limefx company reviews will focus on trading instruments, regulations, deposit and withdrawal methods, spreads and leverage. It will also explore how to open an account, fees, trading platform and safety measures provided by the broker on clients’ investment funds. Lime Fx mobile app mirrors the functionality of its desktop platforms, ensuring that you have access to critical features such as real-time charting, technical analysis tools, and order execution. This means you can monitor your positions, execute trades, and stay updated on market developments from virtually anywhere.
Still, MT4 is a highly versatile platform that outperforms many competitors. It offers advanced charting, a comprehensive range of order types, and popular features such as one-click trading, trading directly from charts, and customizable alerts. Brokersway is a website that provides unbiased reviews, ratings, and comparisons of online forex and CFD brokers. Lime Fx strives to provide valuable educational and research resources to its traders, although there is room for further enhancement and expansion in comparison to certain industry leaders. Lime Fx offer a number of platforms including MetaTrader 4 and 5, TradingView, cTrader and WebTrader which are all known for their reliability and advanced trading features. Lime Fx offers a large number of tradable instruments including over 70 currency pairs.
It covers many industries like Big Tech, aviation, tourism, and pharmaceuticals. The two platforms made available to clients to trade CFDs are Iress and MT5. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions.