Third-party withdrawal charges may apply, but there is no inactivity fee at LimeFX. While our evaluation points to an average performance of the LimeFX mobile trading apps, they still provide a solid, functional mobile trading experience that can meet most traders’ needs effectively. The availability of trading platforms for demo accounts may vary depending on your location, but all users have access to demo versions of MetaTrader 4 and MetaTrader 5. LimeFX delivers one of the most comprehensive selections of trading platforms and tools in the industry, ensuring traders have everything they need for successful trading. From advanced tools that facilitate automated and social trading to services that ensure the stability and efficiency of trade execution, these additional offerings cater to the diverse needs of traders.
- Traders can benefit from cost-effective trading while knowing what to expect in terms of fees and charges.
- LimeFX offers traders a straightforward and efficient process for deposits and withdrawals, emphasizing transparency and convenience.
- FX Markets clients can access the ECN pricing model through the RAW account with a minimum deposit of USD 100.
- LimeFX’ demo account comes with USD 100,000 in paper money with no strings attached.
Overnight Funding Fee
Overall, forex and CFD traders will be satisfied by the MetaTrader experience provided limefx scam by LimeFX, though the scope of its research and educational offering are limited, when compared to the best brokers. LimeFX stands out for the competitive pricing available to forex traders with its ECN account. However, that pricing is only available with the MetaTrader platform, and LimeFX offers only 764 symbols on MetaTrader 5 (MT5). Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry.
Best Forex Brokers in Poland for 2024
One of the standout features of LimeFX is its competitive spreads, which enhance the cost-effectiveness of trading scammed by limefx across various asset classes. This can significantly benefit traders by reducing their transaction costs and optimizing profitability. Furthermore, the broker’s commitment to regulatory compliance adds an extra layer of security for clients, assuring them of a safe trading environment. This review of LimeFX is grounded in CompareForexBrokers’ rigorous and transparent methodology, as detailed on Our Methodology page.
LimeFX: Superior Accounts And Features
Beginner traders tend to prefer this type of account because of the simpler commission structure. While IG average spreads are slightly lower on average than LimeFX for EUR/USD, it is worth noting that LimeFX has better average spreads for other currency pairs. Other brokers, such as Pepperstone and LimeFX are also excellent choices for low spreads. It’s important to make sure that your forex broker accepts the funding options and deposit methods that work best for you.
MT4 has several options to enter orders and fully supports automated trading via EAs. LimeFX does not offer APIs to allow third-party solutions to connect. Here is a screenshot after launching the LimeFX MT4 trading platform following installation, without modifications.
At LimeFX, clients can download multiple free Forex eBooks with reliable trading insights from professional traders. Commodity traders can access 8 instruments at LimeFX compared to 35 instruments at IG. IG also has more metals (5 pairs) and more CFD indices (+100) versus 4 metal pairs and 12 CFD indices found at LimeFX. We used a third-party MT4 script to verify the execution speed across multiple brokers in real time and found that LimeFX is one of the fastest MetaTrader 4 brokers after Pepperstone. Many brokers publish their average spreads on their websites, which allows us to compare the spreads of different brokers.
It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds. Areas we scored LimeFX the highest were excellent customer service (9/10), great educational resources (8/10) and a wide variety of funding methods (8/10). We discovered that LimeFX offers excellent trading platforms, a wide range of CFD markets, and fast execution speeds. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
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