LimeFX were one of the first trading brokers that I opened an account with, remaining one of the most established and well-known brokers today. I feel secure knowing that they have regulation from some of the most respected authorities. You can trade with minimal hassle on user-friendly platforms and apps, with a decent amount of markets for you to choose from. Interestingly, back in 2009, LimeFX were amongst the first brokers to offer clients direct access to interbank liquidity with ECN trading through MT4. This is why they can continue to give you some of the lowest spreads and commissions in the industry.
This article represents the opinion of the Companies operating under the LimeFX brand only. For international clients, LimeFX Markets Limited provides services under the registration provided by Nevis and is a member of the Financial Commission. This ensures that the broker operates with transparency and fairness and that clients’ funds are protected.
MetaTrader 5 Trading Platform
So, it is saying that ECN is like us where traders can do live trading directly in real market conditions. Some of the benefits of ECN trading like being able to get a good insight into the situation limefx forex brokers reviews and knowing the order of other trades also offer no fees at all during trading. Based all of this, I can make conclusion that ECN Trading is live market trading that directly trade with Forex market.
- Scalping, hedging, and automated trading strategies are permitted on LimeFX.
- They cover multiple markets with detailed write ups and explanations that are supported with clear chart annotations.
- Nonetheless, traders with an account balance less than $1000 will pay a $3.50 commission charge per lot traded.
- One of the main reasons why forex brokers do not accept US clients is because of the strict regulations imposed by the US government.
Since the very start, LimeFX aims to make forex trading more professional, easy to access, and secure. This is one of the reasons why LimeFX’s ECN account has become a trader favorite. Overall, LimeFX’s ECN offering provides a robust and sophisticated trading environment, appealing to experienced traders seeking direct https://limefx.group/ access to the Interbank market and enhanced liquidity. LimeFX offers an Electronic Communications Network (ECN) model for forex margin trading, providing traders with access to the Interbank market. In this model, your trade’s counterparty is another market participant, which could be a bank, fund, or another trader.
Latest from Trader’s Tools
LimeFX were one of the first online brokers that I had an account with many years ago and remain one of the most popular until this day. They are a regulated ECN broker offering you some of the best possible trading conditions with low spreads, fast trade execution speeds and competitive commissions. You can get access to user-friendly trading platforms for web, desktop and mobile devices. They enable you to trade hundreds of instruments across multiple asset classes and have a range of convenient account funding options for you to choose from.
Our ECN account is the most cost-effective form of FX trading, with no fixed spreads or additional pips added. On Straight Through Processing (STP) accounts there is no separate commission to pay
as it is already scammed by limefx included in the spread. This account is ideal for novice traders
looking to keep pricing simple. LimeFX offers a $10 no deposit bonus (NDB) for the ECN TickTrader account and the STP PAMM accounts.
The platform for the EU is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC). LimeFX UK is licensed by the Financial Conduct Authority (FCA), and LimeFX AU is regulated by ASIC. Compatible with multiple devices, start trading with safety and convenience. Enhance the MT4 trading platform with a choice of extra add-ons and indicators from third parties that best suit your styles and strategies. The MT4 platform is for investors who need to find information and analysis in an instant. With its user-friendly interface, it’s fast and easy to get started.
These can be used to assist with money management and market analysis. I appreciate that these tools are offering precise calculations of things such as pip value, margin, swaps, and commissions. This can help you to save time and plan your trading, estimate potential profits/risk and optimise your lot sizes. It would be great if they could implement some more market analysis tools in the future. You will find that they have a range of flexible trading accounts to choose from with support for implementing third party automated trading systems from Myfxbook and Zulutrade. They provide professional trading services to retail and institutional investors alike.
Fund your account and trade
LimeFX UK is authorised and regulated by the FCA (579202) in the UK, with retail client funds fully protected up to £85,000 by the FSCS. Choose a trading platform that fits your needs and trade from anywhere. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
- As for the LimeFX broker, to be honest I have never heard of this broker.
- They are a regulated ECN broker offering you some of the best possible trading conditions with low spreads, fast trade execution speeds and competitive commissions.
- My broker doesn’t offer anything like knowing another trader’s orders without a spread.
- ASIC is amongst the most respected regulators due to strict regulations that give protection to traders through its policies that companies such as LimeFX must comply with.
Since then they have grown to become one of the leading brokers across the globe with over 1 million accounts opened in more than 100 countries. They have ECN liquidity which ensures you get tight spreads and fast trade execution speeds. There are low commission fees across multiple instruments and markets including CFDs on Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals & Energies.
A wide range of analysis
In terms of regulation, Plus500 have are one of the most well-regulated brokers that you can trade with. In addition, client funds are held in completely segregated bank accounts in the UK and are protected up to £50,000 by the FSCS. The benefits of trading on a demo account are that you don’t need to risk real money, and you can also test various strategies on the demo account. After seeing the various advantages offered by LimeFX, traders can easily register an account, simply by filling out the form in the registration menu on the LimeFX website.
The impressive range of services include trading accounts, trading platforms, managed accounts, analytical tools, trading signals, free VPS, convenient funding and excellent customer service. I have never had any issues when it comes to trading or funding with them, plus the regulation gives me comfort that my funds are safe. LimeFX is forex and CFD broker offering 600+ instruments using the MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView, and TickTrader platforms. This review will cover trading platform features, deposit and withdrawal fees, minimum deposits, and more. LimeFX is an established online trading broker founded by a group of traders in 2005.
If a VPS is important for your trading, you can get access to a free VPS from other brokers, including Switch Markets. I personally find this easy-to-use risk management tool very useful to help calculate margin and pip values before opening a trade. It uses real time quotes and your accounts equity / leverage to determine calculations. Developed by MetaQuotes in 2005, MT4 has since been the leading trading platform and will usually be sufficient enough for most traders, regardless of your experience level. I appreciate that it is fully customisable and easy enough to use for beginners whilst having enough complex tools for the more advanced traders.
How much does the MT4 trading platform cost?
Once logged in, follow the on-screen prompts to download the MT4 platform. Alternatively, visit the web browser-based platform to access your account. At LimeFX, you can sign up to a Demo Account to practise your strategies. Once you’re up and running, you can then trade for real with a Live Account. With these robots, you can take positions on the markets based on algorithms informed by you.