LimeFX provides a demo for each of the platforms to help you choose. For example, the company offers Sterling Trader Pro, Etna Trading Platform, OEC Trader, and CQG Trader. The brokerage also offers FIX (Financial Information Exchange) and REST (Representational State Transfer) APIs. In this LimeFX review, we look at the platforms they offer.
Additional Features
Overall, the available platforms offered by this broker are great and traders of different needs will easily find what they are looking for. During the registration, you will be required to provide additional information and provide proof of residency along with proof of your identity for verification. You can use utility bills or bank statements as proof of residency and a government-issued ID card, passport, or driving license as proof of identity. The rest of this review will explore theofferings, accounts, and trading conditions available from LimeFX ingreater detail. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings.
MetaTrader 5
LimeFX is regulated in Cyprus, offering more than 30,000 instruments for trading. There’s a wide range of account types available, including the full set of MetaTrader platforms and traders get 24/7 online customer support. There are 64 available currency pairs for trading with this broker. However, on Forex and CFD Standard account types, there are only 48 FX pairs. Trading fees on commission-free accounts start from 0.5 pips, which is lower than what most competitors are offering.
It is quick and easy to get started with an account from just $100. Alternatively, you can open a free demo account if you prefer to get a feel for what the broker has to offer. This can be a great way to see if they will meet your specific needs. I think they can be a good choice for anyone who is looking for convenient trading in a regulated environment. LimeFX is an online broker that accommodates the needs of both beginner and experienced investors. The firm boasts a wide range of assets, including stocks, forex, futures and cryptocurrencies, all of which can be found on the MetaTrader 4 and MetaTrader 5 platforms.
REAL-TIME STOCK ALERTS SERVICE
- Additionally, the broker charges withdrawal fees which vary depending on the method you choose.
- Geographic restrictions apply, and the deposit and withdrawal screen will only list the ones available to traders.
- It offershigh-speed execution, customizable interfaces, and a wide range of orderrouting options (including DMA, dark pools, market makers, etc.).
- They offer the MetaTrader 4 (MT5), MetaTrader 5 (MT5), CQG & ROX platforms.
- I like that LimeFX offers eight trading platforms, which ensures traders and investors get one suitable for their preferred strategy.
Our trade rooms are a great place to get live group mentoring and training. Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more of their initial investment. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.
Support is available 24/7 which stands up well against competitors we have tested. It is useful if you don’t have the time or knowledge to make your own trades, though there is no guarantee you will make money. J2T Copy is also available with a low minimum investment of $100, making it accessible to beginners. This copy trading tool allows traders to choose an investment manager to manage their funds and make investments on their behalf.
Trading Hours
The broker has been providing online brokerage services since 2006 and are trusted by 155,000+ clients from 130 countries. They cater for retail and institutional clients limefx review with the possibility of integrating third-party trading programs through an Open API. We score and compare forex brokers in more than 15 categories. Meanwhile, the MT5 Global account offers 0.0 pip spreads with an even lower commission of up to $2. This is firmly toward the low end of the forex brokers we review. LimeFX ranks among the better brokers due to its choice of trading platforms and services, but trading fees are high despite low minimums.
MetaTrader 5 is offeredwith LimeFX’s MT5 Global account and can be used as a desktop, mobile, limefx review orweb app. LimeFX offers an unusually wideselection of trading platforms compared to many online brokers. This includesthe well-known MetaTrader 4 and MetaTrader 5 platforms. Additionally, theyoffer the CQG Trading Platform (often used for futures and options trading),ROX Premium, Sterling Trader Pro, and Lightspeed Trader. LimeFX offers clients access to awide range of asset classes, including forex, precious metals, stocks, indices,energies, futures, options, and bonds. Their selection includes tens ofthousands of individual assets.