The LimeFX Trading App is an official checking trading account with built-in tools to help you manage your LimeFX personal profiles, control real, demo and contest accounts, and manage deposits. It is a smart trading platform combining everything a trader needs in an easy-to-use app. You can make fast deposits and withdrawals, instantly log in to your trading profile and access your terminal to trade simultaneously in all of your accounts.
Their customer support is responsive and market insights are clear. LimeFX platforms incorporate advanced charting tools, promote ease of use, and support algorithmic trading. Although not proprietary, the platforms provide opportunities for copy trading, allowing users to replicate successful strategies from other traders. If you have at least $500 in your LimeFX account then you can download and install the Autochartist trading signals plugin for MT4 & MT5.
What Leverage Does LimeFX Offer?
- The minimum deposit requirement is relatively low, making it accessible for beginners.
- However, LimeFX’s low trust score is attributable to a lack of regulations from Tier-1 market regulators.
- Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl.
- LimeFX offers attractive pricing, with clear and understandable fees.
- LimeFX delivers exceptional trading tools and clear market analysis.
- LimeFX’s commitment to user experience is evident in their well-designed platform, making it easy for traders of all levels to navigate and succeed.
The app interface is very user friendly making it easy to find signal providers to follow based on your customised filters. There are master accounts for traders who want to offer their strategies as signals or for followers who wish to copy signals. This can be a good solution for those of you who don’t have the time or knowledge to trade manually. However, there can be no guarantee on limefx forex brokers reviews how good or bad the signals will perform. I personally like to maintain full control over my trading as I feel like you can become a better trader in the long run when you learn from your mistakes.
While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. It grants traders swift entry into an extensive range of markets and financial instruments, including centralized exchanges. With improved order execution capabilities and added versatility in trade types, it is ideal for individuals seeking a comprehensive and advanced trading experience.
Forbidden trading techniques
There are programming interfaces if you wish to build your own tools or you could hire someone to do it for you if your coding skills are limited. That being said, it is nice to see that LimeFX have a good selection of useful trading tools that can be used for trading signals, market analysis and risk management. Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money. LimeFX excelled in the category of fees, with tight spreads in CFDs on forex and shares. It also bucks the industry trend by not charging swaps or inactivity fees. For both trading accounts (LimeFX MT4 and LimeFX MT5), all fees are reflected in the spread – there are no additional commissions charged.
You can also see the actual, forecast and previous results of these releases. The calendar has advanced filters to only show news that is relevant to you. I think this is a vital tool and always like to check if limefx review there is any pending news before taking a trade. You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. In article format, LimeFX provides dozens of detailed guides on subjects ranging from how to use moving averages to setting up the Autochartist Metatrader plugin. An 11-lesson course on forex basics is available in video format and makes a good primer for new traders.
Reviews
On the plus side, the company has been around since 2011 and seems to have plenty of positive reviews across the internet. LimeFX has a fair TrusPilot score of 4.5 out of 5 from 6,511 reviews as of this writing. LimeFX is also registered as a company in Saint Lucia, and its trading name is OctLimeFX. Each platform runs on Windows, iOS, and Android, so no matter which device you trade from, you’re free to use the platform you like the best. Read our full explanation and accounting of our research and testing process to learn more about how we test.
Client funds are held in reputable banks, providing an added layer of security. Additionally, LimeFX uses advanced encryption technologies to protect financial transactions and sensitive information, further enhancing the safety of funds. Filippo Ucchino is the founder and CEO of the brand InvestinGoal and the owning company 2FC Financial Srl. Filippo Ucchino started his trading career in Forex trading in 2005. He became an expert in financial technology and began offering advice in online trading, investing, and Fintech to friends and family.