Money managers can also benefit from a personal multi-account manager (PMAM) that allows trading of multiple Metatrader accounts. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform. Client funds are segregated from company funds, reducing the potential for misuse. They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP).
What is a CFD?
Several account types allow retail clients to bypass LimeFx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. Explore the safest trading environment with fast execution and no requotes. With over 3 decades of capable reliability, the MetaTrader 4 , also known as MT4, is an online trading platform used by both novice and experienced traders.
Forex Trading Tools Widgets
- Therefore, to cater to the needs of almost any type of trader, we offer exclusive account types.
- Clients can now trade cryptocurrencies directly on the Metatrader platform.
- Gain exclusive AutoTrade access upon request after your account is verified and start copying trades right away.
- Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices.
- LimeFx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea.
And Ireland clients can also place spread bets, although the costs are not fully disclosed. LimeFx offers Metatrader 4 and 5 but no dedicated or proprietary trading platform. Social and copy trading options are limited, with no dedicated third-party platform. They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. The https://limefx.name/ website Trader’s Dashboard shows the positioning of other clients, updated hourly, but account holders will need to use Metatrader’s limited social functionality to take advantage of the information. The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules.
Choose your trading account
They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products. Earlier in 2018, LimeFx announced a partnership with EmurgoHK to open a cryptocurrency exchange, but the launch date hasn’t been announced. Trade some of the most liquid assets available and diversify your portfolio with competitive spreads starting as low as zero pips on chosen CFD pairs. Since the market is volatile, fixed spreads accounts allow trading with predetermined and steady spreads and with no sudden changes. We recognise that each trader, being a unique individual, has different needs, goals, trading style preferences and appetite for risk.
Account Spread Comparison
A comprehensive FAQ addresses most inquiries while tutorials on trading platforms shorten relatively steep learning curves. Email address and phone numbers are provided for satellite offices in Cyprus, South Africa, and Australia, allowing local contact. Or international phone number, forcing potential charges for calls made to Cyprus or other satellite offices. Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions.
Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. The US economy added 235k jobs in February data showed on Friday, more than the consensus for 190k, and a number consistent with further tightening in the labor market. LimeFx opened for business in Cyprus in 2010 and has now expanded into more than 180 countries. In addition to EU regulation through the Cyprus Securities and Exchange Commission (CySEC), they are licensed as a registered investment firm in the United Kingdom, Australia, and South Africa. LimeFx has closed down operations in China, Russia, and Nigeria in recent years, focusing client development in more traditional venues.
They also offer the free LimeFx Research app, which has no trading functions. Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed. Choose between Live and STP/ECN trading accounts, offering both floating and fixed spreads. Today, LimeFx continues to solidify its position in the trading industry, governed by transparency and a deeply held commitment to its clients.
The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool. A webinar section was locked, leading to a live account application, while limefx reviews the seminar section contained just two non-English programs in MP4 format. Join us and benefit from the award-winning trading conditions offered by a globally recognised and reliable forex broker.
Having well established itself as an industry standard and combining intuitive features and functionality, the MT4 platform includes everything a trader needs to succeed in online forex trading. With over 3 decades of capable reliability, the MetaTrader 4, also known as MT4, is an online trading platform used by both novice and experienced traders. There is a multitude of available trading platforms with distinct features, focusing on different methods of trading or specific financial assets.
Gain exclusive AutoTrade access upon request after your account is verified and start copying trades right away. It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account. Well-documented account subheadings outline fee schedules and side-by-side comparisons for floating vs. fixed, commission vs. no commission, and dealing desk vs. direct interbank trading. All withdrawals incur fees that vary among credit cards, electronic tellers, and bank transfers/locations. Broker research materials have been neglected, generating the biggest black mark in our review. The free LimeFx Research app allows clients to look at stock market data, financial viewpoints, and videos in an easy-to-use format.
As part of its commitment to continuously cater for every type of trader, LimeFx presents a wide suite of trading platforms to boost your trading experience. Benefit from over 200 tradable instruments from 6 asset classes available on one single platform. Trade forex through our bespoke MT4 platform from any device or via Webtrader directly from your internet browser. Minimum EUR/USD spread is listed at 0.7 pips while average spread is listed at 1.2 pips. These numbers may be deceiving, given the broad variety of accounts, fees, and routing choices. Spreads drop significantly on major Forex pairs between Micro and VIP tiers but minor pairs show no variation.
Choose from MetaTrader 4, MetaTrader 4 Web Trader and our proprietary Personal Multi Account Manager (PMAM). All with standard or custom Virtual Private Server (VPS) Hosting upon request. LimeFx offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles.
Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital. These products may not be suitable for everyone and you should ensure that you understand the risks involved. For Forex Trading and other CFDs, MetaTrader 4 is the yet unmatched leader of trading platforms and the most popular choice of online traders and investors. Gain instant access to over 200 instruments from 6 different asset classes; all on a single platform.
Our services include products that are traded on margin and carry a risk of losing all your initial deposit. Before deciding on trading on margin products you should consider your investment objectives, risk tolerance and your level of experience on these products. You should ensure that you understand the risks involved and seek independent financial advice, if necessary. Please consider our Risk Disclosure.This website is owned and operated by LimeFx. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.