Lime Fx CFD & Forex Trading Apps on Google Play

mayo 4, 2021 0 By Kira Urbaneja

Lime Fx is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. 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. With its wide range of available platforms and deep offering of trading tools, Lime Fx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, Lime Fx has plenty of options.

Lime Fx – CFD & Forex Trading

Lime Fx’s slippage was reported as +87% positive or zero in its July 2021 Slippage Statistics. Lime Fx provides customer service via toll-free numbers around the world in 42 countries in North and South America, Asia, the Middle East and Europe. The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. Lime Fx was founded in the United States, but as of 2017, it left the U.S. market. This process involved existing holdings and U.S. clients being reorganized under Global Brokerage, a company with an ownership interest in Lime Fx.

Company information

Lime Fx offers a decent selection of tradable assets, excellent pricing and high-quality customer service that few other online brokers can match. Lime Fx also provides a decent selection of top-quality trading platforms its clients can operate through. Beginning traders can also access various options to help them learn and enhance their trading https://limefx.vip/ skills. The online broker even provides wholesale trade execution and liquidity solutions for retail forex brokers, smaller hedge funds and emerging markets banks through its Lime Fx Pro service. Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties.

Lime Fx User Experience

  1. Lime Fx offers a decent selection of tradable assets, excellent pricing and high-quality customer service that few other online brokers can match.
  2. This also tends to be the quickest method, taking about 3-5 business days.
  3. There are abundant support resources online and on the Lime Fx website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers.
  4. Also, MetaTrader 4 users can automate their trading using “expert advisor” or EA software they can program themselves or obtain from third parties.

Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research limefx forex brokers reviews and decades of collective experience covering the forex industry. Customer support is available over the phone, by email or through Live Chat 6 days a week, Sunday through Friday.

Offering of investments

The proprietary Trading Station platform has intuitive functionality with easy-to-use dynamic charts. The only issue with Trading Station is that it is built on Adobe Flash, which can lead to the need for Flash updates as well as some support issues. You also cannot use the research function within the platform, requiring traders to go between the platform and a browser.

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. If you want to start practicing without making a deposit, you can open up a free demo account.

Still, this leading online broker ranks highly among its competitors due to its impressive number of platform choices, quality research, helpful educational resources and tight dealing spreads. The broker’s proprietary Trading Station platform is available for iPhone and Android mobile devices. The app features a simple, intuitive interface for entering orders and receiving confirmations, as well as powerful trading tools and charts with access to research. Lime Fx also supports the popular MetaTrader4 trading platform, so you can download the MT4 mobile app that is also available for iPhone and Android. Lime Fx is a zero commission broker that offers very competitive dealing spreads on CFDs and forex currency pairs. If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month.

Lime Fx will be best for beginners to intermediate traders or experienced traders who do not feel limited by its relatively low number of forex pairs. Experienced traders who think Lime Fx has sufficient instruments will find no shortage of tools to help them with analysis and charting. Lime Fx offers many tools for both research and education, each of which has its own dedicated section of the website. Some of the research tools include market news, charts, a market scanner, an economic calendar, market data signals, and trading signals. In terms of education, Lime Fx offers a live classroom, trading guides, speakers, and a video library. There are enough educational tools to give beginners a head start, particularly when combined with the demo account.

There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have. The 1st tier ranges from $10 to $25 million traded per month and pays $5 per million, while the 5th tier pays $25 per million if you traded a minimum notional amount of $300 million per month. Lime Fx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView.

Lime Fx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its Lime Fx YouTube channel. Yes, based on your detected country of NL, you can open an account with this broker. The stock of Xiaomi posts its first losing week in more than a month, despite its mostly strong quarterly results on Thursday and the upgraded guidance on EV deliveries. The drop likely reflects the broader decline of the Hang Seng Index due to geopolitical concerns.

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. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.

Lime Fx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, Lime Fx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. Lime Fx offers one of the best selections of platforms for traders to choose from. Its flagship platform, Trading Station, is available as a web, desktop, or mobile platform, or you can use MetaTrader 4, NinjaTrader, or ZuluTrade.

In late 2017, Global Brokerage filed for Chapter 11 bankruptcy, but Lime Fx Group is not involved. Other than the issues with former U.S. clients, Lime Fx has not faced any other investigations or issues in recent years. Overall, the platform is recognized for its support of over a dozen languages, ease of use, and strong reputation. Deposits by debit or credit card typically take 1 business day, although it can be less. A bank wire deposit can take 1 or 2 business days for domestic transfers and 3-5 business days for international ones. The minimum deposit for debit/credit cards is $50, with a maximum of $10,000 per transaction or up to $20,000 per calendar month.