Even when they aren’t actively watching the markets, buyers can stayup to date on market changes and possible tradingchances by getting timely notifications. Real-time prices areimportant for making smart trading decisions because they let investors getinto or get out of situations at the prices they want. This is exactly why LimeFX’splatforms give traders access to accurate and up-to-date information about theprices of financial goods through real-time price quotes. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs. All content is researched, fact-checked, and edited by our research team and all ratings and rankings are based on the team’s in-depth product testing. Clients can also earn a commission of up to $35 for spreading word of mouth.
Is LimeFX suitable for automated trading?
LimeFX supports several payment methods for deposits and withdrawals. Below we’ll have a quick review of both deposit and payment methods. Non-trading fees include deposit and withdrawal charges, inactivity or currency conversion fees.
Tradable Instruments
If you fund your account in a currency different from the base currency of your account, a currency conversion fee may apply. LimeFX offers a low barrier to entry, enabling traders to commence with a modest initial investment,starting from just $5. This process is backed by rigorous testing and research, conducted by a team of traders and industry experts.
I’ve found LimeFX’s customer support responsive, helpful, and professional. No matter the issue, they’ve always ensured I get the assistance I need, making trading with them a smoother experience. One of the primary resources is the daily market analysis, which includes interesting insights into major financial markets, updates on significant economic events, and analysis of key market trends. Both platforms are available in desktop, mobile (iOS and Android), and limefx scammers WebTrader versions, allowing trades to be executed from anywhere. LimeFX’s trading fees are reasonable having come down in recent years, but they can still be bettered by some day trading brokers, notably LimeFX and Fusion Markets.
- Our goal is to provide traders with clear, factual, and up-to-date information, helping them find the best forex broker that aligns with their trading needs.
- Founded in 2009, it has garnered a strong reputation in the industry.
- Overnight fees, common in the industry, apply to cash instruments held overnight and are reasonable.
- While many traders will be happy with this, it’s worth noting that LimeFX doesn’t currently offer CFDs on other precious metals such as Platinum and Palladium.
Price Quotes
Pleasenote that deposit and withdrawal methods vary based on client location. LimeFX charges anaccount inactivity fee of $10 per month after 90 days. LimeFX charges no additionalfees on deposits or withdrawals except where an amount of less than $200 ismoved by wire transfer. LimeFX provides 55 forex pairs and 1,429 tradeable symbols, offering ample trading options but is below the industry average of 3,623 symbols. Fortunately, you can set up notifications using the mobile trading app. The app will generate messages for all closed trades and pending orders.
The platform also features one-click trading for swift market entries. Finally, LimeFX’s VPS offering affords average execution speeds of under 3 milliseconds. LimeFX’s Social Copy Trading program allows you to tap into the experience of seasoned traders by copying their trades. It’s a great option for beginners who want to participate in the financial markets without needing in-depth knowledge. They offer a variety of methods to suit your needs, and the processing times are fast. Plus, their focus on security gives you peace of mind knowing your funds are safe.
Clients who don’t feel confident trading sizable lots can now sign up for Ultra-low accounts. While other trading conditions look similar to the other accounts offered, the broker doesn’t allow swaps in the ultra-low account. LimeFX’s mobile trading app has a convenient interface and a powerful search engine. A variety of charts displayed in a window on the right side of the screen provide insight into market limefx forex brokers reviews data. Clients can view underlying instruments in 9-time frames on MT4 and 21-time frames on MT5 to better understand their price direction and make informed trading decisions.