They are available across devices and you can trade via the LimeFx WebTrader in the browser. Market orders can be filled with up to 50 lots (or 5 million). Those who want to trade even larger quantities with https://limefx.vip/ market orders have two options. You can place the trade by phone or divide the order into several smaller ones. LimeFx offers fractional pip pricing that makes it possible to trade using tighter spreads.

The mobile trading platform is available in several languages. We ranked LimeFx’s fees as low, average or high based on how they compare to those charged by all the brokers reviewed by us. As they are completely reliant on MetaTrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there. When it comes to withdrawing from LimeFx, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal.

These are accessible under the ‚Trade Ideas‘ tab, where you can find various assets and their recent performances. To get a better understanding of these terms, read this overview of order types. However, you won’t find more sophisticated order types such as ‚one-cancels-the-other‘.

• Thе MT5 platform оffеrѕ еvеrуthing thаt thе MT4 does but аlѕо оffеrѕ уоu CFD trаding whiсh iѕ unavailable with MT4.
• Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange.
• There are four account types to choose from, plus the ability to customize an account.
• Our management has visited over 120 cities globally to understand clients’ and partners’ needs.
• LimeFx along with the majority of brokers charge a spread to their clients and that is the reason why the majority of traders choose a broker with low spreads.

The information provided varies by asset class and can also include min and max trade size and margin percentage. All of this information is divided by account type, so you know where you stand for each specific asset. Those include trading currencies, CFDs, precious metals, energies, and equity indices.

What Type of Research Does LimeFx Offer?

LimeFx has generally low real stock and ETF trading fees (commissions). As they are reliant on MetaTrader for the trading software, you are not going to be surprised by anything on this front. They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000. LimeFx is a broker that has been around since 2009 and now employs more than 300 people.

• Majority of brokers that have a dealing desk (DD) and therefore at times of volatility can’t offer the best prices to their users.
• They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
• Just keep in mind that there is a maximum of 200 positions that can be opened at a time.
• Available base currencies are USD, EUR, GBP, CHF, AUD, JPY, HUF, and PLN.
• You can monitor both the free and used margin, which combine as the equity.

Spreads can be calculated by spread value in pips × traded lot size. With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the LimeFx Zero account type. A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price.

Platforms

That would be necessary for fixed spreads since they tend to be higher than the variable spreads. For LimeFx Ultra Low Accounts, the leverage is identical, but spreads can be as low as 0.6 pips. There is no leverage on Shares Accounts and the spread is per the underlying exchange. There is access to 18 cash indices CFDs and 12 futures indices CFDs. LimeFx also lets clients trade two spot metals instruments, gold and silver. Additionally, LimeFx remains respectful to the idea of Islamic Accounts, never using “swap-free in disguise” accounts.

Account base currencies

As such, there are also numerous support and educational materials available online from third parties. Additionally, there are built-in help guides for MT4 as well as Metaquotes Language 4. It also allows for the creation of custom indicators as well as time periods. The LimeFx Foundation assists with development and access to vocational skills and education via initiating projects.

With a single login, you can access 8 different platforms. With LimeFx, clients can trade with real-time execution and no requotes. Since the policy began in 2010, LimeFx has had no rejection of orders and no requotes at all. 100 percent of orders are executed, with an impressive 99.35 percent executed within a second. For the forex market, one market will close when another opens thanks to markets in New York, Sydney, Tokyo, and London.

What is Forex Trading?

If you fund your trading account in the same currency as your bank account or you trade assets in the same currency as your trading account base currency, you won’t have to pay a conversion fee. The Standard, Micro, and Ultra Low accounts charge higher spreads but there is no commission. The LimeFx Zero account charges lower spreads, but there is a commission.

Can you open an account?

LimeFx customer support is amongst the best across all forex brokers. To set these, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings). You can add them if you go to ‚Tools‘ and then ‚Options‘. LimeFx has its software for Mac PC, Web, Android, iPhone, and desktop all limefx courses scam kind of devices people uses. In other words, they have as many as 8 different trading applications for their clients. All trading platforms provide unique advantages to novice and professionals, as the MetaTrader suite of trading platforms are the world’s most popular method of trading the financial markets.

The graphical illustration shows the comparison of how LimeFx’s spreads stacks against the combined average spreads of all other established brokers featured on ekzaga. There is however a two-step account login to access deposit and withdrawal functions. LimeFx provides only a one-step login for its mobile platform.

Fantastic Execution policy- LimeFx broker vouches on having 100% execution rate with no rejection and re-quotes on orders that have been established in 2010. Re-quotes are a nuisance factor to deal with for any trader especially when you want to take advantage of volatility. Also, the vouch on executing 99.35% of all their trades in less than one second. You just have to click on “CREATE A TRADING ACCOUNT” to sign up by filling your details and then add the amount based on the type of account you chose. Now all you have to do is, click on the “member login” button and fill in your user ID and password.

You can get start with a lowest deposit amount as low as $5.Well, 1 micro lot is equivalent with 1 thousands base currency price. Available base currencies are USD, EUR, GBP, CHF, AUD, JPY, HUF, and PLN. For both beginner and professional traders MT5 ensures platform features and functionalities that are in line with the highest expectations of any online investor today. The client has the freedom to decide at which price they decide to buy or sell, and vice versa, and can execute a transaction at any time they wish.