If I decide to use a different strategy that would be best with a different set of trading conditions, trade execution, spread and leverage, I can simply create an account that fits my demands. Like any forex broker, LimeFX has advantages and disadvantages. But for me, when choosing trading conditions, it was more essential that I was able to get such trading conditions here, which help to implement professional trading ideas. I consider myself an experienced trader and therefore I was very careful when choosing trading platform. The list of Forex, spot, and CFD trading instruments is well-constructed but some rivals offer more comprehensive listings.
Taking into account my wanderings…
Hi Olgierd,We’re delighted to hear about your evolving trading journey with us! 😊😊 It’s fantastic that you found a trading strategy that suits you. Our diverse range of account types is designed to cater to various trading styles, and we’re thrilled that you were able to identify the right fit for your intraday trading with RSI and moving averages. If you ever have more insights to share or if there’s anything else we can assist you with, feel free to reach out. LimeFX could be a good starting broker for new and intermediate retail traders, although more professional traders might look for a broker with additional research resources and assets. LimeFX primarily makes its money from dealing spreads, although you might have to pay additional fees depending on the asset and type of account you choose.
With tight spreads, making profitable trades is not as hard as it was with my previous broker. Also, slippages are rare and my trades get closed immediately after I press the button. Another thing that makes this broker appealing is the withdrawal procedure – quick, limefx reviews hassle-free and plenty of payment methods. With respect to customer service, the broker provides decent contact options and support in 45 languages, which could be a plus.
LimeFX also offers a mobile trading app for trading on the go. We have conducted a detailed study of LimeFX brokerage and its trading platforms, the purpose of which was to highlight the pros and cons of using the services of this broker. Our research included testing trading instruments, the operation of trading platforms on different devices, as well as studying feedback from active clients.
Can I Use MetaTrader 5 At LimeFX?
The spreads with LimeFX start from limefx forex brokers reviews 0.0 pips and most trades are commission-free. LimeFX offers flexible account types that suit all traders. LimeFX supports only forex and CFD trading on multiple assets. The lack of trading in equities and options besides the share CFDs might disappoint stock and options traders, although LimeFX might be suitable for traders who only want to trade in these markets.
This service is especially useful for traders utilizing automated strategies and Expert Advisors because it provides faster execution times and lower latency. VPS hosting also has additional security capabilities, which protect traders’ data and transactions from potential cyber threats. Accessible on all trading platforms, the Islamic Account provides a wide range of features and functionalities. It provides a secure environment for traders to practice and refine their skills and test out different strategies using virtual funds.
Payment Methods
- It provides a secure environment for traders to practice and refine their skills and test out different strategies using virtual funds.
- Had to play with risk tolerance too, the 5% per order sometimes means a system just goes bankrupt right away, but 4% it suceeds on the historic data easily.Small martingale for boost is important too.
- Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Absolute Zero account.
- Traders must ensure they execute risk management to avoid magnified losses.
- I have been trying to salvage some of my money ,the so called adivice lose £1000 don’t ask me how and LimeFX won’t say.
LimeFX supports mobile trading via the MetaTrader 4 (MT4) mobile app. 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 products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at LimeFX. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The secure LimeFX back office handles all financial transactions for verified clients.
Trading Platform
They operate a counterparty dealing desk, raising conflict of interest issues, but offer direct interbank trading access in some account types. They provide no guaranteed stop-losses but negative balance protection is now mandated under ESMA rules. Secondary security features are unimpressive, with standard encryption at the website and no two-tier platform authentication beyond Metatrader’s one-time passwords (OTP). LimeFX offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage.