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LimeFX Review 2024: Read Before You Trade

LimeFX trading

The research section also includes specific trading ideas, target prices, and key price levels to watch. Over a week-long testing period, I probed customer support with dozens of inquiries, ranging from available tools to fees and questions relating to the security of client accounts. I was surprised at how fast the responses were, and the agents went the extra mile to provide the information I sought. LimeFX offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS.

Content is updated frequently and is accessible to all levels of traders. A broad range of topics from technical analysis to trading strategies and platform tutorials are covered. With a perfect score in this category, LimeFX has gone above and beyond to educate its clients. One thing that stood out to me about this broker during my review was the ease of use. The LimeFXTrader platform is intuitive, well designed, and has popular features like alerts and 1-click trading.

Deposits

Material includes live trading sessions, workshops, and trading strategy-themed presentations. Demo accounts are especially important for beginners as they allow them to practice their strategies limefx website and get comfortable with the trading platform without risking real money. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders.

  1. 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.
  2. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status.
  3. LimeFX also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges.
  4. Popular features such as 1-click trading, alerts, and watchlists are available.
  5. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFX’s educational offering.

How do I withdraw money from LimeFX?

With demo accounts, the ability to trade in micro-lots, copy trading, and strong educational resources, I rate LimeFX as a suitable broker for beginners. Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading. There is also the possibility of earning extra money as a Master Trader within the copy trading platform. LimeFX provides a solid range of educational materials, including articles, videos, webinars, and a video course.

Account Types and Terms

The app offers popular features such as alerts, 1-click trading, and trading from the chart. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

How long does it take to withdraw money from an account at LimeFX?

LimeFX also made a significant step forward since my last review by adding 150 CFDs on shares from 16 global stock exchanges. 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. Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR.

LimeFX trading

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. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. LimeFX has also gone above and beyond with its education materials limefx official site which include live webinars and carefully crafted courses. Customer service is highly responsive, with one drawback being that there is no phone support.

The LimeFX website features a robust economic calendar, including the time, date, country, actual figure, forecast figure, previous figure, and anticipated market impact of a given economic release. Client orders received by LimeFX are offset by banks and liquidity providers. NDD (No Dealing Desk) brokers such as LimeFX act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks.

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