LimeFx trading app Apps on Google Play

The trust score came in low, largely because the LimeFx Markets Inc. entity is unregulated. However, the European entity of LimeFx is regulated by the top-tier Cyprus Securities and Exchange Commission (CySEC). According to the broker’s website, clients have negative balance protection, and client funds are segregated from the company’s operating funds. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

Similar apps

The score for this category was weighed down because only one base currency is available (USD) and there is no option for a raw spreads account. The broker offers a selection of 230 CFDs across major asset classes, along with access to MetaTrader 4, MetaTrader 5, and its proprietary LimeFxTrader. In my view, LimeFx’s tight spreads, extensive research and educational materials, and diverse payment options truly reflect its innovative approach and dedication to meeting client needs. LimeFxFX basically offers two types of trading options – spot market trading and contract for difference or CFD trading. Traders can invest in a range of options on LimeFxFX including currency pairs, cryptocurrencies, stocks, market indices, precious metals, and other commodities. This combination of financial investment options allows for great profit potential.

MetaTrader 5 Mobile App

LimeFx is a reliable broker offering Contracts for Difference (CFDs) and competitive spreads on a diverse range of 300 trading instruments. It is regulated by CySEC, MISA, and FSCA, and has earned a trust score of 92 out of 100. limefx forex brokers reviews Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.

Forex Risk Disclaimer

The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email. LimeFx excels in research, offering regularly updated commentary written by in-house analysts and trading ideas.

All other clients will be using USD as the account currency, so if you are in the UK and prefer GBP as your account currency, you cannot choose it. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click https://limefx.group/ on a link to a partner site. You can download the MT4, MT5, and LimeFxTrader platforms from the LimeFx website. Installation guides and step-by-step instructions are also available to help you set up the platforms on your desktop or mobile devices.

They can then trade as usual and earn additional income whenever others choose to copy them. Robust charting is provided by TradingView, featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

It gives all traders the ability to select a truly suited account type. LimeFx provides negative balance protection, ensuring that traders cannot lose more than their account balance. LimeFx offers customer support through various channels, including live chat, email, and phone.

The MT4 platform has ultra-intuitive charting options and all the most common technical indicators. It’s very simple to enter buy and sell orders, as well as set stop-losses, you can even use Expert Advisors (EAs) for automated trading. Our spread module indicates that with LimeFxFX, you are paying more than your competitors, so it may be better to consider trading with other brokers. To make the demo account interesting, LimeFxFX has a demo contest for which you win prizes. Each month, up to $1000 in real prize money is available with $500 for the winner, $300 for the runner-up, and $100 for third place. There is one very interesting feature with both these accounts and it’s not something we have exactly seen before.

Yes, LimeFx has a trading app that allows you to trade popular assets on embedded trading platforms. The online trading app enhances your trading experience by providing financial flexibility as you trade your money online You can download the LimeFx Trading App from Google Play Store. MetaTrader 4 (MT4) is a popular trading platform used for trading various financial instruments, including forex, stocks, and CFDs.

The figures below reflect the available leverage at the offshore entity of LimeFx. Available leverage differs according to the asset class, with the most leverage available with CFDs on forex and the least with CFDs on shares. Copy and automated trading are only available on the MT5 desktop platform.

LimeFx offers various educational resources, including trading guides, webinars, and market analysis. The education section on the LimeFx website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations. We performed our tests with a live account, using the MetaTrader 5 and LimeFxTrader platforms, opened with the LimeFxFX Saint Lucia entity (LimeFx Markets Inc.). As stated on their website, over 21 million trading accounts have been opened across 180 countries with LimeFx.

In addition, clients can utilize research from third-party provider AutoChartist. Popular features such as 1-click trading, alerts, and watchlists are available. Traders can access all basic order types (market, limit, stop loss) via the platform. MT5 provides a greater number of technical indicators, timeframes, and graphical objects. For example, LimeFx clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC).

• Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.
• LimeFxFX provides demo accounts that are accessible with both MT4 and MT5.
• It allows you to trade without any additional software, only an internet connection is required.

LimeFxFX has no swaps – yes you read that right, none, zip, zero, zilch. This means you can hold your position overnight (after New York markets close) for as long as you wish without needing to concern yourself with any rolling feels. However, it is advisable to check with your payment provider, as they may impose their transaction fees.