LimeFX – ENG

It was built based on the feedback from LimeFx traders and trading data accrued from over 10 years to meet the needs of their clients. An Interest-free account is targeted at Swap Free Islamic Accounts who are forbidden from earning (or paying interest) as it is forbidden by Sharia law. LimeFx add an extra 0.4 pips to the spread for Standard accounts and a $2.00 commission limefx website per lot (per side for commission-based accounts in place of overnight fee or swap rates. FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. If you want to start practicing without making a deposit, you can open up a free demo account.

LimeFx Active Trader spreads

You can also use a social trading platform to copy the transactions of other traders in your own account in real-time. The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices. The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research. LimeFx also supports the popular MetaTrader4 trading platform, so you can download the MT4 mobile app that is also available for iPhone and Android. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure.

Popular Forex Guides

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). LimeFx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView. The broker has 2 support email addresses that give you access to general or account-specific inquiries. You can even contact the LimeFx trading desk and place orders directly if you have a problem such as no Internet access or a failure to connect to an LimeFx server. But finding a good Forex broker can be difficult because there are so many to choose from.

Leverage in the UK, Europe and Australia

MetaTrader 4’s reputation and reliability make it a sound choice for all traders. Since 1999, LimeFx, has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, Stratos Markets Limited (“LimeFx”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials.

Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier. The LimeFx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit. When trading, you will still need to meet initial margin requirements to open trading positions.

1. Each year, we collect thousands of data points and publish tens of thousands of words of research.
2. This explains why spreads are wider than commission-based accounts such as the Active Trader account.
3. Average spreads at LimeFx are more favorable for active traders or clients residing in the EU, U.K., or Australia.
4. With its headquarters in London, Stratos Markets Limited (“LimeFx”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally.

LimeFx Range Of Markets (CFDs & Forex)

Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties. LimeFx does provide as many tradable assets as some other major forex and CFD brokers. Still, this leading online broker ranks highly among its competitors due to its impressive number of platform choices, quality research, helpful educational resources and tight dealing spreads. If you prefer social or copy trade, then Zulu Trader might be your preferred choice of the trading platform. This type of trading allows you to copy the trades of experienced traders, making it a great choice for beginner traders wanting to learn the trading strategies of successful traders.

Those that require high leverage or are looking for low spreads/fees should review our best Australian forex broker comparison table and a provider like Pepperstone for advanced traders. If you are looking for the best possible spreads, then Active Trader is the best choice. Spreads with LimeFx’s active trader account are cheaper than they may appear when you compare with other brokers as LimeFx off lower commission fees.

Not only does LimeFx offers a choice of 4 trading platforms (2 of them the best social trading platform) the broker also offers 7 speciality platforms. For traders who appreciate advanced trading tools and quality market research, LimeFx is a winner – especially for algorithmic trading. Average spreads at LimeFx are more favorable for active traders or clients residing in the EU, U.K., or Australia. 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. Experienced Australian forex traders that require a very specific niche forex platform should consider LimeFx.

Jay and Julie Hawk are a married financial writing and authorship team who co-founded TheFXperts, a notable financial writing services provider. The Hawks each worked professionally in the financial markets and have more than 40 years of trading experience among them. Together, they write books, trade forex online for their own account and others, mentor traders, and have worked actively as professional freelance writers specializing in financial topics for over 15 years. Novice traders can take advantage of LimeFx’s extensive educational and research resources, as well as its video library that covers a wealth of trading topics. For more advanced traders, LimeFx provides application programming interface (API) trading with 4 free APIs connected to the LimeFx server that includes REST API, FIX API, Java API and a ForexConnect API.

Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), LimeFx delivers a reliable, feature-rich mobile experience for forex traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. LimeFx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation).

This explains why spreads are wider than commission-based accounts such as the Active Trader account. LimeFx, also known as Forex Capital Markets, is a global forex provider trading with various LimeFx entities in the UK, Europe, Australia and South Africa. Our LimeFx review concluded that LimeFx has a simple but helpful account type structure, average spreads, a hybrid trading execution model and a good range of trading platforms.

The feature gives users the ability of traders to share ideas and strategies and help other traders. Zulu Trader has over 1 million users, making it one of the larger social trading communities available. The https://limefx.group/ Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become LimeFx’s hub for investment advice. One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place.

You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money. The LimeFx group of companies (collectively, the “LimeFx Group”) is a leading provider of online foreign exchange (forex) trading, CFD trading, and related services. No, but you can trade CFDs on major stocks through an online broker like LimeFx.

You can get more information on the broker’s algorithmic trading facilities by clicking here. Compare Forex Brokers was created to help Australian forex traders find the right broker to suit their trading requirements. Our forex broker comparison tables were constructed from information from providers’ websites or actual trading accounts. This includes an economic calendar, live forex charts, and the latest market news. This is LimeFxs offering to all clients who don’t qualify as an Active Trader. This account is a commission-free account, which means the trading costs are included in the spreads.