You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Don’t trade with LimeFX.They are heavily…
The trading interface of the mobile app is quite basic, yet it is functional. It is divided into quotes; market data, chart, trade and history. Its charting allows users to do analysis just as with a desktop. Its only limitation to client is its small screen resolution, hence, making deep technical analysis somewhat difficult. According to the LimeFX website, the broker does not charge any fee on deposits and withdrawal.
Profiting off swaps is a legit trading strategy but this won’t be possible with LimeFX. If this doesn’t concern you and you assume swaps costs will be unfavourable, then this account will encourage you to trade mid-term and long-term. There is one very interesting feature with both these accounts and it’s not something we have exactly seen before. LimeFX has no swaps – yes you read that right, none, zip, zero, zilch.
- The proprietary cTrader app is easy to use, robust and well set out to assist mobile trade execution.
- Trading instruments provided by LimeFX have some of the lowest spreads in the industry.
- The MetaTrader app offers a smooth transition from desktop to mobile trading and is a widely used tool that will already be very familiar to a lot of traders.
- A typical spread for the EUR/USD currency pair is stated as 1.1 pips, while the MT5 Pro account provides the complete range of tradable products, with slightly lower spreads of 0.9 pips.
- LimeFX is a great trading platform, very easy to use and deposits and withdrawals are relatively fast depending on time of day.
LimeFX Reviews
These weekly and monthly competitions are run through demo accounts which make them a low-risk way of refining your skills. Generally, the weekly competitions will have a prize fund of $400, whilst the monthly competitions put $1000 up for grabs. Special competitions are also run on a more ad-hoc basis for the most successful and active traders on the site. In our LimeFX Broker Review, we found that the fees and commissions are structured differently according to account type. Micro, Pro and ECN accounts use the MT4, MT5 and ECN software platforms, respectively, and support different trading approaches, hence the variation in charges. Trading instruments provided by LimeFX limefx forex brokers reviews have some of the lowest spreads in the industry.
Trading hours are the times when a particular asset is available for trading. With LimeFX every asset except for crypto is available for trading on a 24/5 basis, Monday – Friday. This applies to all markets including forex, commodities, and cryptos.
The app interface is very user friendly making it easy to find signal providers to follow based on your customised filters. There are master accounts for traders who want to offer their strategies as signals or for followers who wish to copy signals. This can be a good solution for those of you who don’t have the time or knowledge to trade manually. However, there can be no guarantee on how good or bad the signals will perform.
What platforms does LimeFX offer?
The availability limefx company reviews of these payment methods may also depend on your country of residence. If you need some support outside of the hours or would prefer to get a quick answer yourself then there is an FAQ’s page with a range of relevant questions and answers. Though, if possible, seen as the team is so quick and efficient you might be better off just reaching out to them first thing. LimeFX boasts an average of 7 seconds to respond and 3 minutes to find a solution to clients’ issues or answer their queries. This has greatly contributed towards the team’s 96% customer satisfaction rate.
LimeFX MT5 Pro Account
The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks. The account is available on both MT4 and MT5 trading platforms, and comes with market execution. The LimeFX Trading App is an official checking trading account with built-in tools to help you manage your LimeFX personal profiles, control real, demo and contest accounts, and manage deposits. It is a smart trading platform combining everything a trader needs in an easy-to-use app. You can make fast deposits and withdrawals, instantly log in to your trading profile and access your terminal to trade simultaneously in all of your accounts.