That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot. Lime Fx Academy provides impressive educational features for smaller and less-skilled traders. The portal would benefit from more advanced topics but the narrow focus on newer traders makes sense as a marketing tool.
How do I view my trade history on FX Choice?
The broker also provides email and telephone support on a 24/5 basis throughout the trading week in 45 different languages. Keep in mind that the dealing spreads above refer to normal market conditions. The spreads can widen considerably in fast or highly volatile markets.
Can I Use MetaTrader 5 At Lime Fx?
Our team were also pleased to see that the broker offers negative balance protection, meaning traders cannot lose more than their account balance. Lime Fx recently strengthened its educational tools by introducing the Academy. Home to a breadth of content presented in courses, webinars, videos, podcasts and eBooks, it offers a complete trading experience for traders of all levels. The software is considered one of the best in the industry, especially for forex trading.
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Security could be bolstered through the use of dual-factor platform authentication. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. From the client portal, navigate to “Transactions”, select ‘withdraw’ and follow the instructions. Payments typically take up to 24 hours, though wire transfers may take up to five business days. Traders can use the free MT4 download to install the platform on desktop devices, including Mac.
- Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures.
- Lime Fx also offers social trading via its AutoTrade platform and keeps segregated accounts for traders.
- If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on.
- Clients can now trade cryptocurrencies directly on the Metatrader platform.
- Alternatively, you can trade directly through MetaTrader’s WebTrader.
How to access the Web Trader App
While Lime Fx offers sizable first deposit bonuses, that bonus money cannot be withdrawn. Also, pricing for most services is slightly higher or on a par with other major forex brokers. The lack of 2-tier platform authentication and guaranteed stop-losses could be a problem if your account gets hacked or your stop-loss gets filled in a volatile market. Lime Fx lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders.
Metatrader 4 and 5 for Android, iOS, and Windows Mobile provide easy integration with desktop and tablet versions. They also offer the free Lime Fx Research app, which has no trading functions. Metatrader 5 adds important features lacking in the older version but retains frustrating aspects of this industry-standard software, including https://limefx.group/ weak customization and limited conditional orders. The lack of two-factor authentication in both Metatrader versions adds a security hole that needs to be fixed. The pioneering Lime Fx STP/ECN trading accounts allow traders direct access to deep liquidity and interbank pricing provided by top-tier liquidity providers.
It is geared towards beginners and intermediates, promising easy-to-use features and straightforward portfolio management. The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance. To access this feature, you must apply for a bank withdrawal from your client portal.
Fractional shares are also available, which will appeal to beginners looking to trade in smaller volumes. There’s also a decent range of 15+ indices via spot and futures contracts. Experience unmatched trading conditions with an award-winning, globally recognised broker today. In addition, the broker provides affiliates, professionals and investment portfolio managers with a Personal Multi Account Manager (PMAM). Lime Fx also offers a virtual private server (VPN) that provides enhanced connection speed, continuous uptime and added security. Broker research materials have been neglected, generating the biggest black mark in our review.
On the other hand, we have to note that the JPY is allready at low levels and the weaker the Yen gets the more the probability for a market intervention to JPY’s rescue rises. Hence we highlight the planned speech of BoJ Governor Ueda and BoJ Deputy Governor Uchida speak during Monday’s Asian session as they may intervene in the markets scammed by limefx verbally and try to provide some support for JPY. North of the US border, Loonie traders are expected to keep a close eye over the release of Canada’s retail sales growth rate for March. The USD edged higher against its counterparts yesterday as unexpectedly strong financial data tended to provide support for the greenback.
Trade forex through our bespoke MT4 platform from any device or via Webtrader directly from your internet browser. We offer a variety of trading accounts to meet your needs and style of trading. Choose between Live and STP/ECN trading accounts and enjoy the benefits of forex trading through the industry-leading MT4 online trading platform. You can also register multiple trading accounts in our Client Portal when you first sign up. To evaluate brokers, we test the accounts, trading tools and services provided.
Our editors independently research and recommend the best products and services. You can learn more about our independent review process and partners in our advertiser disclosure. Stay on the move while you enjoy a seamless trading experience on your mobile, using any operating system (Windows, Android, MacOS and iOS). The next generation, web-based Web Trader app is a powerful app that is easy to use and syncs effortlessly with the MT4 platform.
Alternatively, you can trade directly through MetaTrader’s WebTrader. Join more than 1.2 million clients by signing up and registering for an account with Lime Fx. Go to ‘Bonus’ under ‘Trading Requests’, choose your account and submit your request. Fill in the registration form & choose a Live Floating/Live Fixed account. For example, if you deposit $10,000, you will get an additional $10,000 bonus to trade with.
Clients can choose between two types of floating and an equal number of fixed accounts that offer different spread schedules and fee structures. Several account types allow retail clients to bypass Lime Fx’s dealing desk, which carries a systematic conflict of interest, and trade directly with the interbank system. Accounts are tiered into Micro, Premium, and VIP levels, depending on capital commitment, with spreads dropping on major Forex pairs between tiers. Lime Fx offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles. Money managers can also benefit from a personal multi-account manager (PMAM) that allows trading of multiple Metatrader accounts. Professionals trading their own accounts may wish to look elsewhere, despite tiered pricing, due to the lack of volume discounts or a proprietary high-end trading platform.
Today, Lime Fx continues to solidify its position in the trading industry, governed by transparency and a deeply held commitment to its clients. With no need to download anything on your desktop or your mobile devices, you can directly trade from your browser with the MT4 Webtrader. The MT4 Webtrader is a 100% web-based platform, which offers the same features and functionality as the downloadable version. Being a modern HTML5 application, it runs without requiring any additional browser plug-ins or add-ons.
The MT4 platform can also be upgraded through MetaTrader’s Market and Signals, where users can buy technical indicators, add-ons, and signals for copy trading. The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to learn from more experienced investors, whilst strategy providers can earn performance fees. Lime Fx traders can speculate on price movements of 150 US, UK and European shares via CFDs.