However, the broker does not offer any other platforms such as MetaTrader 5 (MT5), cTrader, or an in-house proprietary platform. After MT4, I would prefer MT5 as the second choice because of its additional features including more timeframes and built-in tools. If you are looking for more platforms, then RoboForex could be an option for you as they have a good selection. Open an account with LimeFx and discover
the most powerful trading platform yet.
- However, there are fees on withdrawals for bank wires, cryptos and e-wallets.
- The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time.
- A wide array of charting tools is now at hand to support your trading activity – 30 of your favourite technical indicators, various time frames and real-time updated market prices.
- LimeFx offers trading on forex, indices, cryptos, energies and metals on the trusted MetaTrader 4 (MT4) platform.
- Over 70 currency pairs are also available, providing more opportunities than most competitors.
An entire library of analytics and trading options is available for mobile devices. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Please note, some markets may only be available via CFDs or other derivatives. LimeFx is a trustworthy and legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most reputable financial regulators. In the European Economic Area (EEA), the broker follows the guidelines laid down by the Markets in Financial Instruments Directive (MiFID).
To ensure the security of all trades, the MT4 platform transmits data between servers using 128-bit encrypted connections. LimeFx also offers extended security algorithms using public-key cryptography, which should help keep scammers at bay. In addition, LimeFx is a member of the Investor Compensation Fund (ICF) which insures clients in the event of insolvency.
CFD Trading Details
I think it is great how the broker supports Muslim traders by giving them the option of a swap-free account which complies with Sharia law. However, this is not a unique feature and something that you will find most brokers provide limefx company reviews nowadays. On the other hand, if you already have some experience then I don’t think you will learn anything new. They also do not have frequently updated market analysis which could help gives us some further market insights.
Over 70 currency pairs are also available, providing more opportunities than most competitors. Applications for Corporate trading accounts should be submitted when a Legal or Registered Corporation intends to open an account. On the Corporate Account Application form, you will find areas specially designed for assigning an Authorized Representative(s), to trade, deposit or withdraw on behalf of the applicant. LimeFx responsibly maintains a solid regulatory framework and comply fully with financial laws as an authorised and regulated broker.
You will then be able to set up your login details and download the MT4 platform. There are plenty of funding methods available at LimeFx, including bank cards, wire transfers, e-wallets such as Skrill and Neteller, plus alternative online payment methods like Rapid Transfer. You can download the MT4 app onto iPhone/iPad or Android devices and begin trading straight away using your login credentials. Trade245 does not provide services for the residents of certain countries, such as the United States of America, Canada, Israel and the Islamic Republic of Iran. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker.
MetaTrader 4, better known as MT4, is the latest and most advanced online trading platform developed by MetaQuotes Software. Trading on MT4 via LimeFx gives you even broader access to financial markets including foreign exchange, commodities, CFDs and indices as well as stocks and futures. Investors can opt for a risk-free 30-day demo account to practice trading skills and test new strategies before committing real money. Each practice account is loaded with $10,000 and provides access to the MetaTrader 4 platform download and mobile app.
- Other benefits of MT5 include a multi-threaded strategy tester, fund transfer between accounts and a system of alerts to keep abreast of all the latest market events.
- You would expect one of the leading ECN-STP brokers to provide you with the latest, cutting edge, platforms on which to trade and at LimeFx we never disappoint.
- Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
- I like how the company is comprised of a dedicated team of professionals with extensive experience in the financial industry.
- MetaTrader 4 is one of the most popular forex trading platforms in
the world today.
- LimeFx responsibly maintains a solid regulatory framework and comply fully with financial laws as an authorised and regulated broker.
An economic calendar is an invaluable trading tool which is often overlooked and undervalued by traders. Being ahead of the curve; knowing the timetable of economic releases by way of a calendar, is an absolutely vital aspect to support trading performance. I believe that having access to a thorough, comprehensive and detailed economic calendar, is extremely important.
The broker provides the MetaFx MAM (Multi Account Manager) software to multiple account traders and money managers. MAM provides major benefits over competing platforms such as MetaTrader Multi Terminal. The MetaTrader 4 Multi Terminal is a component of the MT4 package that was designed to enable money managers and professional forex traders to handle many forex trading accounts at the same time. Any trader who is familiar with MT4 will feel right at home with the user interface on the MT4 Multi Terminal. MetaQuotes made a real breakthrough by releasing the MetaTrader 5 multi-asset trading software system in 2010.
MetaTrader 4 for Desktop
If you are just getting started on your trading journey and need guidance along the way, Fortrade is a broker with lots of educational resources. But it’s worth mentioning here that past performance never promises a profitable future. Keeping that in mind, you need to do proper research before selecting and investing in anyone else’s trades. I actually prefer to take control of my own trading as I like to be responsible for my decisions. It can be good to learn from mistakes and improve your trading skills by having some hands-on experience. Free demo accounts are available if you don’t want to take any risk whilst practising.
LimeFx Comparison Table
However, other important tools for market analysis such as Trading Central and AutoChartist aren’t available at LimeFx. If you would like access to these industry leading signal generating tools, then GO Markets provide both. That being said, I think MT4 should have more than enough tools for most of you, especially if you are just looking to follow market prices and place or manage trades with minimal fuss.
Start trading with a global award winning broker
Whether your new or an experienced trader, a risk-free demo account is a great way to experience the benefits of ECN trading with LimeFx. You can practice your forex trading skills or test new strategies without making a financial commitment. I use the desktop platform for running automated systems as it is the only version which can. The web version of the platform is great if you need to access your account from any device without installing any software and it is always up to date. The mobile trading app is perfect for taking the markets with you in your pocket.
24/5 customer support is available to assist new clients while the MT4 platform comes with free tutorials and user guides. The company has developed a series of popular software products, from a simple FX Charts platform to the MetaTrader 5 multi-asset trading platform. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Despite offering crypto trading 24/7, LimeFx does not offer 24/7 customer support. If you are planning to trade crypto on the weekend and encounter any issues, you may only contact support on the coming Monday.
If you have any questions about our products or services, or you’d like help opening an account, please feel free to get in touch with us. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. This will send a unique passcode via email or telephone to validate https://limefx.vip/ a user’s login credentials. As a regulated entity in the EU, LimeFx follows the Markets in Financial Instruments Directive (MiFID) which oversees investment services across the European Economic Area. There are no charges for making a deposit except for mining fees if you top up using crypto. However, there are fees on withdrawals for bank wires, cryptos and e-wallets.
If this is a concern for you, there are brokers like LimeFx who do offer 24/7 client support and crypto trading. The broker’s customer support team are available 24/5 from Monday through to Friday. They can provide answers to all of your general, technical, and account-related inquiries. The support team can be reached via telephone, email, live chat, online form, and social media.
On the contrary, a market maker broker can take the opposite side of your position which means they can mark-up prices which I don’t think gives a level playing field. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. LimeFx is a good all-around broker, offering competitive ECN pricing with no commissions.
The broker operates using the STP/ECN execution model, which offers access to the interbank markets. “ECN” stands for “electronic communications network” and “STP” stands for “straight through processing”. ECN brokers execute by matching client orders and STP brokers execute by passing client orders directly to an external liquidity provider, with no dealer intervention and no re-quotes.