This technology searches the markets and generates five distinct sorts of signals. It can scan forex and CFDs using the indicators and periods selected by the user. This can be a good way to get some inspiration for trade opportunities. The LimeFx economic calendar highlights worldwide economic events that have an impact on trading instrument prices. You may look up events and compare analyst consensus to historical data. This enables more secure application access and is readily integrated with online apps, mobile devices, and desktop platforms.
Commission-based pricing is applicable to Active Trader account types. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure. Long-term or discretionary traders may also like this account as the simpler cost structure compared to a commission account can make trading easier.
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- ZuluTrade is one of the top social trading platforms, but not quite on par with the industry leading eToro.
- If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection.
- Trading is a leveraged activity, which means that investors can bet on prices going up or down using borrowed funds.
- However, the chat window is not easy to locate and you need to look closely to find it.
Unfortunately, the market scanner only works for a limited number of products. There are plenty of available platforms at LimeFx such as Seer Trading Platform. Seer is made for building, optimizing, back-testing, and deploying automated trading solutions. The addition of this platform is a great boon for tech-savvy traders with an interest in algorithmic trading. It is a good trading software overall and has a scripting language that allows users to develop their own indicators and scripts.
These stats show that LimeFx completes your orders with no slippage more than 60% of the time. In addition to MT4, you can trade using Trading Station and ZuluTrade. Trading Station offers a more modern look and multi-asset platform, while ZuluTrade limefx scammers is best for copy trading. The list includes the S&P 500 (US500), US30, Fra40, Ger30, JPN225 and more. The JPN225 index measures the collective performance of the top 225 Japanese companies that are publicly traded on the stock exchange.
What trading instruments does LimeFx offer?
LimeFx offers clients support during weekdays (24/5) via live chat, WhatsApp, phone, and email. This is another area in which I feel that the broker could improve by extending support hours to weekends. There are other brokers who provide 24/7 support, including Plus500. This is a free daily email brought to you by Trading Central, a professional research organisation that offers technical analysis and daily market commentary on a variety of instruments. The newsletter is called “Before the Bell,” and it is distributed by email. LimeFx offers decent spreads starting from 0.2 pips on EURUSD on the standard account with zero commission fees.
Algorithmic Trading ✔
This concealed relationship led to a conflict of interest between LimeFx and its users, which resulted in users losing money. Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun. In doing so, we often feature products or services from our partners. However, the opinions and reviews published here are entirely our own. This is a market area where platform-tools may be purchased or downloaded for free. Over 50 MT4 applications, 50 Trading Station apps, 10 NinjaTrader apps, and 10 standalone programmes are available in the shop.
This explains why spreads are wider than commission-based accounts such as the Active Trader account. However, users can only trade a limited selection of forex and CFDs, and https://limefx.name/ the mobile and desktop platforms are lacking in usability when compared to the competition. LimeFx has low trading costs overall and no withdrawal, account, or deposit fees.
There’s no commission charged and trading fees are represented as spread markups. LimeFx only offers one type of live account, a demo account, and a swap-free version. With LimeFx you can trade hard commodities such as gold vs USD, silver vs USD, and others. All in all, LimeFx doesn’t get a good rating when it comes to the range of investment types. There’s a market scanner feature that uses technical indicators to show traders when it’s a good opportunity to buy/sell.
There are no push notifications and real-time alerts on the Android version, which are available on most other great mobile trading apps. LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFx, there are 42 country-based numbers one can call from. Countries range from South Korea, United Arab Emirates to Venezuela. LimeFx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from LimeFx traders and trading data accrued from over 10 years to meet the needs of their clients.
If you are a high-volume investor, then the Active Trader account may be for you. This account offers LimeFx’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market. Great customer support is essential for increasing the company’s client base. LimeFx offers professionally trained customer service agents that are available 24 hours a day, 5 days a week.
Customer Service ☎
LimeFx provides advanced real-time charts for a variety of trading instruments. TradingView, a well-known financial research organisation that offers charting and analytical services, provide this professional charting package. ZuluTrade is one of the top social trading platforms, but not quite on par with the industry leading eToro.
The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. You’ll be able to see the Open Account button in blue at the top right corner. Fill in your personal data such as country of residence and email address, then press continue. Instead of charging swaps for keeping positions open overnight, LimeFx increases spread markups and adds commission fees. The broker also gives you the ability to trade fractional shares.
As a result, the leverage offered, account base currency, and available asset types may differ from country to country. But in general, it’s safe to say that LimeFx is a trustworthy broker. LimeFx is a multi-asset group of brokerage companies operating around the globe. LimeFx group has more than 20 years of experience and offers various trading instruments to its clients. The list includes Forex, CFDs on stocks, indices, commodities, cryptocurrencies, CryptoMajor basket, Forex baskets, and stock baskets.
Trading Station Web ✔
An Interest-free account is targeted at Islamic traders who are forbidden from earning (or paying interest) as it is forbidden by Sharia law. LimeFx add an extra 0.4 pips to the spread for Standard accounts and a $2.00 commission per lot (per side for commission-based accounts in place of overnight fee or swap rates. This is LimeFxs offering to all clients who don’t qualify as an Active Trader. This account is a commission-free account, which means the trading costs are included in the spreads.