- December 31, 2021
- Posted by: admin
- Category: Forex Trading
The overall lowest spreads are offered by LimeFX in our head-to-head comparison. Our review of LimeFX found that the company offers a straightforward account structure, average spreads, a combination trading execution model, and a good selection of trading platforms. LimeFX offers a diverse range of powerful trading platforms tailored to suit various trading strategies and preferences. Among them are LimeFX’s flagship Trading Station Desktop, Mac-friendly Trading Station Web 3.0, mobile platforms, and MetaTrader4 for those who use Expert Advisors.
LimeFX provides traders with its proprietary Trading Station, the MT4 trading platform and ZuluTrade. It also maintains six specialty trading platforms for algorithmic traders and Capitalise AI. LimeFX ranks among the most competitive brokers industry-wide, especially for high-volume traders using algorithmic trading solutions. LimeFX is fully committed to automated trading solutions, professional traders, and institutional clients. LimeFX provides four free API solutions for traders across the spectrum to develop automated trading solutions that communicate directly with the LimeFX trading server. The fast order executions and deep liquidity further support demanding trading requirements.
How long does it take to withdraw money from LimeFX?
ForexBrokersOnline.com earns money from affiliation deals with our partners. Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Yes, LimeFX is regulated by several financial authorities, including the FCA in the UK, ASIC in Australia, the CySEC in Europe, and the FSCA in South Africa. It is regulated by multiple tier-one financial authorities, including the FCA and ASIC, which adds credibility and oversight to its operations. LimeFX (Forex Capital Markets) is a well-established and globally recognized forex and CFD broker. Note that the regulated branches will not offer promotional limefx schemes due to regulatory restrictions.
One Stop Forex Shop
This simplified trading process makes the platform a great tool for beginner traders. Education exists via free online forex trading courses, webinars hosted by limefx company reviews LimeFX Senior Market Specialist Russel Shor, and written content with exceptional quality. The Trading Guides provide more detailed educational content, and new traders get considerable material to deepen their knowledge base. LimeFX is conducting research and education seriously while executing them well. To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking.
Is LimeFX A Regulated Forex Broker?
It is great that LimeFX does not charge deposit fees but be aware that your payment provide might. In compliance with the Anti Money Laundering (AML) procedures, LimeFX does not accept cash deposits. The broker also rejects cheques and funds transferred from exchange houses. Accounts can be opened in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD.
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. LimeFX also added services by FinTech firm eFXplus, featuring simulation and Forex trading recommendations by sell-side analysts from major banks, Quant models, and insights. Overall, LimeFX fits the needs of traders at all levels of expertise. The online broker even provides wholesale trade execution and liquidity solutions for retail forex brokers, smaller hedge funds and emerging markets banks through its LimeFX Pro service.
- ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
- 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.
- QuantConnect provides take care of the API integration so that you can focus on strategy development through the use of its back-tester, Jupyter notebooks and in-house research.
- The suite of advanced platforms and code-free automated trading tools is particularly strong.
- LimeFX is a market-making broker with a long history in the market, having been founded in 1999 in New York.
These stats show that LimeFX completes your orders with no slippage more than 60% of the time. To be able to take advantage of these discounted commissions, you will need a minimum of $25,0000 in equity in your trading account, so will not be a serious consideration for most retail traders. When comparing the spreads to other brokers, LimeFX at first glance appears to have only average spreads.
It is also not as widely available compared to MT4 which is something to consider if you plan on switching brokers down the line. If you are interested in increasing potential opportunity in the forex, NinjaTrader can help take market analysis and order execution to the next level. LimeFX maintains an excellent choice of trading platforms with a distinct focus on algorithmic trading. Social traders may connect to ZuluTrade, and LimeFX offers services by TradingView Pro free of charge for one year to all new clients. Trading Station is equipped with a charting package, intensive support for automated trading solutions, advanced indicators, and market data provided free of charge.
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. With reasonable trading fees and conditions plus an industry-best level of flexibility for traders, LimeFX is an enticing option for frequent traders with virtually any strategy preference. It offers competitive trading fees, a wide range of financial instruments, multiple trading platforms, fast execution speeds, and high-quality educational resources. I was impressed with the amount of free educational content that LimeFX has available. You will always have materials at our fingertips to help ensure that you can continue improving your knowledge and skills.