Gain instant access to over 200 instruments from 6 different asset classes; all on a single platform. 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. Our team of expert in-house developers has designed this platform specifically for Multi Account Managers such as professional traders and investment portfolio managers.

Deposits and Withdrawals

• Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips.
• Brokers operate multiple entities because it allows them to serve clients worldwide.
• Traders can build custom watch lists to navigate LimeFx’s multiple instruments, while charts can be populated with multiple technical indicators and drawing tools.
• In tomorrow’s Asian session, we note Japan’s Reuters tankan non-manufacturing index figure for August.

We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. Steven Hatzakis, an industry veteran with decades of experience in the forex market, leads the BrokerNotes research team. All BrokerNotes content is researched, fact-checked, and edited by the research team. Browse a list comprising of the most profitable traders and copy their trades and winning strategies in just a few clicks. Gain exclusive AutoTrade access upon request after your account is verified and start copying trades right away.

What Can You Trade With LimeFx?

The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal. Keep in mind that the bonus you received when you opened your account is removed when you make a withdrawal. This platform has most of the features of the MT4 desktop software, and it works on both Android and iOS mobile devices and tablets. The company’s current promotions include its Iron Worlds Championship live trading competition held from mid-June 2021 until mid-December 2021. This competition has a $1 million prize pool with multiple prizes awarded to winners at different stages of the competition.

Accounts Comparison

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. 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 https://limefx.biz/ 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. The broker is notable for its balanced selection of tradable instruments, including CFD on forex pairs, commodities, shares, indices, and futures. LimeFx offers seven retail account types and typically features low-to-medium cost structures.

Trade Futures

Traders must ensure they execute risk management to avoid magnified losses. LimeFx offers negative balance protection, meaning traders can never lose more than their deposits. The most ignored trading costs are swap rates on leveraged overnight positions. Depending on the trading strategy, it may become the most significant fee per trade.

The secure LimeFx back office handles all financial transactions for verified clients. LimeFx received numerous awards for various aspects of its competitive trading environment. Traders have eight account options at LimeFx, where the minimum deposit is $0 for most. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. However it’s important to note that this review focuses specifically on LimeFx offered by Notesco Limited and registered in Bermuda. With respect to data security, LimeFx uses standard data encryption, but it lacks 2-tier platform authentication and only requires a 1-time password for MT4.

The application also asks traders to select their account type, base currency, followed by the desired password for the back office. While LimeFx offers sizable first deposit bonuses, that bonus money cannot be withdrawn. Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market.

Success in online trading and investing depends on proper planning based on solid information and useful market insight. This website is not directed at EU residents and falls outside the European and MiFID II regulatory framework. Steven Hatzakis is the Global Director of Research for BrokerNotes.co and ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

I evaluated LimeFx’s fixed/floating spread and STP/ECN account types across multiple factors and discovered certain important differences. As shown above, the latter tend to have more favorable spreads and commissions. I found these accounts most suitable for experienced high-frequency traders looking for the most competitive prices. Beginners will find value in its variety of account types and in-depth educational content, while professionals can leverage its fast execution speeds and a broad array of trading instruments.

I thus determined that fixed/floating spread accounts are better suited for beginners looking for extra protection. There is a multitude of available trading platforms with distinct features, focusing on different methods of trading or specific financial assets. I like the trading environment at LimeFx in the Absolute Zero account due to its competitive trading fees. LimeFx is an ideal broker for Forex traders due to its above-average choice of currency pairs. The well-structured trading environment and dedicated customer support team, make it a great broker to register with.

The broker’s well-rounded selection of lower-risk securities alongside higher-risk/high-yield assets makes it a fitting choice for diverse trading strategies, including hedging and scalping. LimeFx offers multiple accounts with widely diverging pricing mechanisms. I measured the spreads, swaps, and commissions on its No Commission account and compared the offering to the other 6 account types. I also limefx courses scam compared LimeFx’s trading and non-trading fees to other brokers and found out that, as a whole, they fall below the industry average. The broker does not charge deposits and withdrawals, and it does not have an inactivity fee. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.

Try our exclusive STP Zero Spread account and enjoy spreads as low as 0 pips. Do you want to experiment with the basic items of consumption of the worldwide economy? A wide list of commodity CFDs to choose from is offered by LimeFx at your disposal.