However, some of them are more old-fashioned than others, still implying a non-user-friendly, challenging to understand navigation. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry. In South Africa, LimeFx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). LimeFx has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos.
Trader-focusedplatform
Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. The web-based LimeFxTrader platform is well-designed and intuitive.
Easier Trading with MetaTrader 5
Popular features such as 1-click trading, alerts, and watchlists are available. Traders can access all basic order types (market, limit, stop loss) via the platform. The trust score came in low, largely because the LimeFx Markets Inc. entity is unregulated.
Non-Trading Fees
We strive to offer the best trading conditions on the market to make trading easier and more profitable for our traders. The education section on the LimeFx website is well thought out, clearly presented, and made for different levels of traders – beginners, https://limefx.club/ intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations. LimeFx excels in research, offering regularly updated commentary written by in-house analysts and trading ideas.
However, when compared to research leaders IG, Saxo, and CMC Markets, LimeFx has room to enhance its research offering. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. Depending on your needs and preferences, you might enjoy the modern interface and frequent updates of LimeFxTrader or a more traditional yet stable approach of MetaTrader 5.
- Scalping allows traders to take profit opportunities even when the price changes are very small.
- It is super easy to download and install the terminal on any compatible device.
- However, should you need them, they are there to answer your general and technical questions in a prompt and efficient manner.
- You may also open a demo account to test the different trading platforms and conditions before opening a real account, should you wish.
- You can also download the LimeFx Trading App and trade on LimeFxTrader.LimeFxTrader is our built-in trading platform.
- This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other.
Trading cryptocurrencies on MetaTrader 4
Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR. limefx scam The research section also includes specific trading ideas, target prices, and key price levels to watch. The broker offers a selection of 230 CFDs across major asset classes, along with access to MetaTrader 4, MetaTrader 5, and its proprietary LimeFxTrader.
The indicators can be viewed on the ‘Calendar’ tab of the Toolbox window. To add indicators tothe charts, simply click on ‘Add All Events’ in the calendar menu. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. LimeFx has also gone above and beyond with its education materials which include live webinars and carefully crafted courses.
Overall, there is a lot to like about LimeFxFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader. The trading costs are very competitive whilst customer support is prompt to answer questions. Trading instruments may perhaps be too limited for some although the forex offering is probably adequate for most forex trader needs. I think they can be worth consideration for anyone who is primarily looking to trade forex in a regulated environment backed by award winning customer support. It is a smart trading platform combining everything a trader needs in an easy-to-use app.
The products, features and protection can all vary depending on the entity that you decide to open a trading account with. In a nutshell, without EKYC, you can never use the LimeFxFX web trading platform except for a demo account that can be accessed with an email id only. But the word “free” sounds illogical on a trading platform because sooner or later, you will have to fund your account to start trading. In order to make your learning process with LimeFx more engaging, we suggest to train on MetaTrader 4 Demo Account to win real money.
Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. LimeFx offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart.
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