Forex Trading the Best ECN Forex Broker, Currency Trading Online

You will always have materials at our fingertips to help ensure that you can continue improving your knowledge and skills. I especially like how clients are given free access to webinars every weekday. This seminar is facilitated by LimeFx’s expert analysts and is a great way to learn from the experts. There are also recorded limefx company reviews videos from past seminars so that you can catch up in your own time. There are several handy trading guides that are meant to teach new traders about trading online and the markets. These articles introduce them to forex trading starting with terminologies, basic concepts, indicators and trading strategies.

LimeFx withdrawal fees

The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with LimeFx’s active trader account are cheaper than they may appear when you compare with other brokers as LimeFx off lower commission fees. The overall lowest spreads are offered by IC Markets in our head-to-head comparison.

About Compare Forex Brokers

The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month. The mobile application is as easy to use as the web version of LimeFx, which is complete with the option to bring dynamic charts to full screen for convenience. The only downside is a lack of customization in the applications, and there is no additional security, just the login password. You can use the mobile version of MT4 or download the mobile application for Trading Station for full functionality. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.

User Experience

I must say, they have one of the best selections of trading platforms I have seen. There are beginner friendly platforms, pro trading platforms and social trading platforms. They proudly offer access to a suite of award-winning algorithmic trading tools and services.

1. Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements.
2. LimeFx is a very well-regulated global Forex broker with a large client base and a big reputation to maintain.
3. This account is a commission-free account, which means the trading costs are included in the spreads.
4. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.

I personally use the MT4 platform as it is the platform that I am most familiar with. It can do everything that I need it to and much more, from complex market analysis to automated trading. That being said, each platform is good in its own right with different advantages and disadvantages that we will cover in this section. LimeFx is one of the forex platforms with the longest histories, providing a reputation of reliability. It is regulated within multiple jurisdictions and offers users the choice of four core trading platforms plus eight specialty platforms.

Trading and Investment Tools

When trading, you will still need to meet initial margin requirements to open trading positions. New traders go through a quick three-step account application process at LimeFx, including account verification. Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements. Should traders require assistance, they may call the toll-free numbers provided, use messaging app WhatsApp, e-mail the support team, engage via live chat, or contact the trading desk. The extensive support system in place is superior to most competitors, but very few traders will be likely to ever require it.

A glossary of over 45 relevant trading terms is available on the website. Forex trading ‘A to Z course’ is available to account holders upon request. https://limefx.vip/ The video library contains easy to understand videos on platform use, forex introduction, order types and mobile platform tutorials.

Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The broker customer support is provided in various languages and available 24/5. They can be reached via many phone numbers listed on the website for different countries.

I would always prefer to use a broker without a dealing desk is it removes any potential conflict of interest. LimeFx is suitable for various types of traders, ranging from beginners to experienced ones. The company offers educational courses on FX trading, provides trading tools, proprietary data, and premium resources. It also offers dedicated 24/5 customer support with global offices in London, Melbourne, and more. The breadth of platforms and available tools means that experienced traders are best served by LimeFx’s emphasis on incorporating value-added services and resources. LimeFx offers traders a few different accounts, with forex and CFD instruments (commodities, crypto and more), leverage, and a truly impressive variety of plugins and accompanying applications.

This easy-to-use charting package is designed for both technical and algorithmic traders. MotiveWave specializes in Elliot Wave, Fibonacci, Gann and Ratio analysis and also allows for systematic trading using Java. These accounts are kept with top rated banks in Europe, Australia and other LimeFx country of operations.

Whether you are a beginner or an advanced algorithmic trader, LimeFx has plenty of options. In our 2024 Annual Awards, LimeFx finished Best in Class for its excellent Platforms and Tools. They offer traders the possibility to customize trading platforms, and LimeFx offers 35 free plugins. LimeFx does provide as many tradable assets as some other major forex and CFD brokers. Still, this leading online broker ranks highly among its competitors due to its impressive number of platform choices, quality research, helpful educational resources and tight dealing spreads.

LimeFx is a very well-regulated global Forex broker with a large client base and a big reputation to maintain. All trading platforms fully support algorithmic trading, and LimeFx provides four free APIs to developers on top of a wide selection of third-party plugins. The research section offers a tremendous asset to all traders and warrants an account opening to retrieve free access to it. Education is also taken very seriously with daily webinars and an excellent selection of very well-written content. I was impressed with the amount of free educational content that LimeFx has available.

Since LimeFx houses a prime brokerage unit, research and education are available for all clients. Besides an incredibly detailed economic calendar and third-party market news, LimeFx Plus provides traders with exclusive trading signals free of charge for all live account holders. The Market Scanner allows traders to select a series of technical indicators and returns buy and sell recommendations based on the input.

I think the calendar is a vital tool to make sure that you are aware of any pending news releases that can impact your positions. FIX API is FIX Protocol standard designed for real-time, custom institutional interface which push up to 250 price update per second (not available on other APIs). An LimeFx Trading Station account with a $5,000 minimum balance is required.