In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side. Spreads, however, only matter with the correct execution. As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange. Trading currencies always involves exchanging one currency for another.

However, keep in mind that different regulators have different levels of protection. I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. LimeFx does not offer a proprietary mobile app, however, MT4 and MT5 have mobile app compatibility. These applications are available https://limefx.name/ for free download to iOS and Android devices and offer the full functionality of the desktop solutions for mobile traders. Importantly, we do not recommend that beginners trade with high leverage – this can increase the risk of large losses. High leverage will appeal to seasoned traders with effective risk management strategies.

Cruel stories about account balances, thanks to the extra payroll haunting the internet. Many traders fear additional funding and would like to act without them. There is a detailed and accurate step-by-step guide so everything can go smoothly. In summary, opening an account is very easy and works quickly. With the MetaTrader, you can adapt your trading to any trading style. Whether long-term or short-term hands, the Metatrader always delivers the right settings.

These are accessible under the ‘Trade Ideas’ tab, where you can find various assets and their recent performances. You cannot set alerts and notifications on the LimeFx mobile platform. A two-step authentication would be more secure and adding this feature should be high on any company’s list of security changes.

A number of other brokers also offer proprietary desktop platforms that are beginner-friendly, whereas LimeFx only offers the MetaTrader suite. LimeFx offers some of the lowest trading fees in the industry based on our assessment. Importantly, LimeFx stands out for its $5 minimum deposit – lower than almost every broker we have reviewed. This makes the brokerage a good option for beginners and those with less starting capital. The only exception to this is the Shares profile, which requires a $10,000 minimum investment.

• This makes it easy to run your account and trades in a convenient currency.
• LimeFx Group has over 450 employees with customer service in over 30 languages available 24/5.
• Answers are quick, and their relevancy is mostly OK.Live chat is quick to respond to the first message but gets a bit slower with subsequent questions.
• The Standard account is a good option for a range of traders with a straightforward sign-up process and competitive trading conditions.

We also drew up a more detailed rundown of LimeFx alternatives. If you already have an LimeFx account, please state your account ID so that our support team can provide you with the best service possible. Im a beginner trader but this trading app for me quite useful and very easy to trade..i can close and entry at critical moment without any lagging. Thank goodness we have this Trustpilot before I invested in. Sometimes they come into different domains like LimeFx-pay, LimeFx-exchange, etc..

Is this broker good for beginners?

These tools are fully automated and can help you to perform technical analysis across multiple instruments and charts, in order to identify potential trading opportunities. This makes it quick and easy for you to identify trading signals without needing to constantly stare at your charts all day and night. I am always on the lookout for new trading tools which can help make my market analysis more accurate. Sometimes I can go through hundreds before finding something that I will implement into my day trading activities. I am impressed with these indicators and certainly see how they can help spot market movements. The mobile trading apps are especially useful if you need to access your trading account whilst on the go from anywhere in the world provided that you have an internet connection.

• Compare the markets and instruments offered by LimeFx and its competitors.
• At LimeFx, you get technical help, and a great way to educate yourself in the trade.
• They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA).
• If you are new to trading online and would like to learn more about the different platforms available and how to use them, LimeFx have a generous selection of tutorial videos that can help.
• From my experience, execution can play a big part in your trading results, especially if using a scalping strategy.
• Companies can ask for reviews via automatic invitations.

LimeFx Global Limited falls outside the South African regulatory framework and Belize’s laws and regulations will apply in relation to your account. Our operating philosophy is grounded in client satisfaction, as we believe it is the gateway to earning their loyalty. Our credibility and reputation are interwoven with our ability to meet and exceed client expectations, ensuring they receive the service they deserve. Since its inception in 2009, LimeFx has exponentially evolved, marking its presence as a prominent and well-established international investment firm. Boasting over 10 million clients, LimeFx stands as an indisputable leader in the industry, reflecting its relentless commitment and professional prowess in the realm of finance. LimeFx does not have a crypto funding method, which is a bit of a let down considering that many traders have crypto wallets these days.

About MetaTrader 5 (MT

LimeFx does not trade with its clients, which is forbidden through the regulation, and for more safety, there is negative balance protection. Significantly, 99.35% of trading orders are executed in less than one second, reinforcing our resolve to offer swift and seamless trading experiences without re-quotes and rejections. The account type that you choose will probably depend on your investment size and trading style.

Fundamental data

By making our world a smaller and more global place, this automatically means that people, goods and services can travel faster and more easily. This also means that a necessity of currencies to be traded against each other is needed in order for this to happen. All these factors have determined a growing forex trading marketplace, which will only continue to grow and become more limefx official site dynamic, liquid and responsive. RoboForex has an impressive selection of more than 12,000 assets to trade from and is an exciting broker if this is an essential criterion for you. Additionally, the execution of orders is laser-fast, and clients benefit from the integrated negative balance protection. Learn more about the pros and cons of the broker in our detailed review.

LimeFx embraces cultural, national, ethnic, and religious diversity and aligns its advanced trading platforms and flexible trading conditions to a diverse global clientele. Our exceptional services in currency trading, along with CFDs, equity indices, precious metals, and energies, are a testament to our extensive experience and profound understanding of the global financial markets. LimeFx Group is a multi-award winning globally established and regulated broker that offers tight spreads, fast execution speeds and low commission fees, for trading over 1,000 instruments on user-friendly platforms. They also provide education, market analysis tools and convenient funding options. To evaluate brokers, we test the accounts, trading tools and services provided.

They are also up there with LimeFx in terms of trading conditions. LimeFx Group is operated with client requirements at the forefront of everything that they do. This is not just for the best possible trading conditions but also the simplicity they can offer you when it comes to everything from opening an account to making deposits/withdrawals, contacting support and trading. LimeFx Group monitors the latest industry trends to keep up to date with innovative technologies and to be able to adapt to clients ever-changing and demanding needs.

Features and Benefits

This is a great way to get feedback from industry professionals who know what matters the most to traders. We found that trading fees vary between asset class and account, with commission-free trading available on the Micro and Standard accounts with a floating spread from 0.6 pips – tighter than most brokers we have evaluated. LimeFx offers ultra low spreads across a wide range of forex assets with no re-quotes or hidden charges.

Benefits of Trading Equity Indices with LimeFx

The LimeFx MT4 Multiterminal stands as the quintessential platform for traders aiming to manage multiple MT4 accounts effortlessly through a single, intuitive terminal. This system is fabricated to provide ease, featuring one Master Login and Password, enabling traders to orchestrate their transactions fluidly. 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. LimeFx Group estimate the account opening process to take an impressive 2 minutes to complete. You simply fill out the brief online registration form, verify your email and upload your identification.

We found several features useful, namely the forex calculators, exclusive technical indicators and VPS hosting. Global investors can also access copy trading, where they can mirror the trades of strategy managers with performance metrics to help them find the right provider for their goals. Up to $5,000,000 is available in virtual credit and you can test strategies risk-free on any of the broker’s trading accounts. We also appreciate the choice of base currencies, which include USD, EUR and GBP (European and UK clients), and HUF, PLN and ZAR (global clients).

The service was outstanding

All instruments are available to trade from the same trading account on 16 trading platforms which makes your trading easier and more efficient. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. LimeFx is a good broker for beginners based on our evaluation. It offers a very low deposit of $5, its educational materials are among the best we have seen, there is an unlimited demo account, plus around-the-clock customer support. Fractional shares are also available to stock traders with less starting capital. Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account.