To make money with forex, you’re trading on forward-looking news and economic indicators. LimeFx puts news and technical research at your fingertips when logged in to any of its platforms. The LimeFx desktop platform is made for Windows computers and gives you the best features and an overall great experience.

• Buy, sell, perform currency research and view charts all from the palm of your hand.
• The broker offers forex trading accounts that charge no commission when trading forex currency pairs as the trading costs are included within the bid/ask spread.
• LimeFx offers a custom trade ticked window called Smart Tickets.
• In addition, the broker has an extensive online help center covering topics from account opening to trade execution and risk management.
• Many forex traders use fundamental analysis tools to inform their trades.

However, traders with less than $10,000 in the account might have to pay 15$ per month as a penalty after one year of account inactivity. LimeFx is designed for both beginners and high-volume traders. It allows investors to trade a wide range of assets in major global markets with order types. Trading options include foreign currencies, contracts for differences , commodities, stocks, exchange-traded funds, initial public offerings, cryptocurrencies, precious metals, and futures.

Futures Markets & Trading Places

For Canadian clients, there is extra protection under the Canadian Investor Protection Funds. Other clients do not receive any additional insurance from the company. However, it has built a good reputation and is heavily regulated by heavyweight authorities such as the FCA.

LimeFx offers a surprisingly large range of fundamental news and analysis tools, compared to other brokers. The broker also offers a standard and demo account with the MetaTrader 4 platform. True to its name, LimeFx offers trading on forex markets. Trading online FX is available in all countries where LimeFx does business, including the US. Overall, based on our LimeFx review, customer service is good compared to other brokers, but we suggest you reach them over the phone if you want prompt solutions.

Therefore, it ranks among the best-equipped brokers for beginner traders. The Performance Analytics tool powered by Chasing Returns helps clients become better traders. The SMART Signals Engines scans 800+ price action patterns using more than 100,000 data points and delivers higher accuracy trading signals. Education Center provides trading concepts, technical analysis, fundamental analyses, trading strategies, and trading courses available for beginner, intermediate and advanced traders. Along with that, LimeFx runs regularly Webinars, and updates with Trading News and research materials covering popular and unique points.

Account Types 🗃

Please note your account status has been changed to “Terminated” which bars further login and trading capabilities. Your account does not appear to have any open positions and the remaining balance will be limefx forex brokers reviews sent to the original source of funding. As a result of a recent quality control review of your account activity, we determined we are no longer in a position to continue extending our services to you.

Very sketchy, use the platform here on the official TView platform, don’t use their cheap version on their site. I compared the charts, and the candle sticks on both charts had the same timeframe even had significant differences between the two. One thing is slow execution, another is different candle shapes. I lost a significant amount of money to their shadow charts.

Learn more about how we review products and read our advertiser disclosure for how we make money. LimeFx is a great forex and CFD broker regulated by several financial authorities, such as the UK’s FCA and the US CFTC. LimeFx is a brand of StoneX Group, a US-based LimeFx company. StoneX Group acquired GAIN Capital, LimeFx’s parent company in 2020.

LimeFx Forex Trading

The variable spreads, on the other hand, are proportional to the demand for a currency pair. Please note that the broker charges a variable spread and commission for different base currency pairs. Both accounts offer access to LimeFx’s award-winning, technologically advanced and easy-to-use trading platform. Some trading instruments may have higher costs in terms of spreads or commissions, which may reduce the profitability of trades. LimeFx gives traders the option of choosing its own trading platform, ‘Advanced Trading’, or choosing the popular MetaTrader.

Here is a screenshot of live quotes at LimeFx during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. From a core trading cost perspective, LimeFx delivers across the board, but trading costs without volume-based rebates are moderately higher versus competitors. Commission-free trading costs list a minimum of 0.3 pips, but the average spread is 1.2 pips or $12.00 per 1 standard lot.

However, while its research options are comprehensive, LimeFx offers a limited set of complex trading instructions. This is a particularly noteworthy omission given how quickly currencies move and how important even small price changes can be. It is more important than ever that brokerages offer full-featured, reliable mobile trading platforms.

The website hosts a rich and diverse research resource concerning the forex market under its ‘Market Analysis’ section. You can keep yourself updated with technical analysis reports provided by the third-party service Trading Central. You can learn more through the following paragraphs; we will be discussing them in detail.

Choose between light and dark themes, add currency pairs to your watchlist, and customize your home screen to only show markets or currencies you’re interested in, all with only a few taps. LimeFx’s proprietary trading platform, Advanced Trading, is a desktop app designed for experienced traders. Traders can also use MetaTrader 4 , a third-party platform for trading forex. MetaTrader 5 is also available for LimeFx traders — however, only certain assets can be traded on it, and it is not available in the U.S. The broker’s website lists multiple ways that clients can contact LimeFx, including online chat and live phone support, from 10 a.m. FAQs and website client support were satisfactory, but repeated attempts to contact via «live chat» proved to be unsuccessful.

LimeFx Customer Support

Select regulatory restrictions offer high leverage and fast order execution. All information on 55brokers.com is only published for general information purposes. We do not present any LimeFx advice or guarantees for the accuracy and reliability of the limefx forex brokers reviews information. Oman is not restricted on LimeFx platform, so you will be able to open an account. You are given the option to open a LimeFx account and trade yourself or open an account with MetaTrader 5 and trade with the help of the software.

Requirements for the Active Trader program are either a $10,000 minimum deposit or a monthly trading volume of at least $25M. Below is a list of trading cost examples for buying and selling https://limefx.group/ the EUR/USD, holding the trade for one night and seven nights, in the commission based LimeFx account. Expensive commission-free trading costs and limited funding options.