Lime Fx provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. The range of markets available with Lime Fx is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put Lime Fx at the lower end of the broker for currency choices. Lime Fx 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 Lime Fx traders and trading data accrued from over 10 years to meet the needs of their clients. Lime Fx standard spreads generally fall in the midrange when compared with other brokers with the most competitive spreads on offer appearing to be for AUD/USD and USD/JPY currency pairs.
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With its wide range of available platforms and deep offering of trading tools, Lime Fx limefx reviews 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. In our 2024 Annual Awards, Lime Fx finished Best in Class for its excellent Platforms and Tools.
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Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The broker customer support is provided in various languages and available 24/5. They can be reached via many phone numbers listed on the website for different countries. I think they could improve by offering 24/7 support and I haven’t always had the quickest response via email. That being said, the live chat is online 24/5 so you may find that a better way of quickly speaking to someone.
It is imperative to be aware that the products and protection can vary depending on the entity that you sign up with. Thanks to its combined offering of both Trading Station and MetaTrader 4 (MT4), Lime Fx delivers a reliable, feature-rich mobile experience for forex traders. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. The Lime Fx group of companies (collectively, the “Lime Fx Group”) is a leading provider of online foreign exchange (forex) trading, CFD trading, and related services.
Forex Trading Desk:
- No matter if you are trading the majors, minors, crosses, or select exotics, you will never be without fresh trade ideas.
- While you can find platforms with more indicators, more charts, faster speed, as a whole, MetaTrader 4 offers one of the most complete packages because it does everything really well.
- I found the mobile app very easy to use although it is slightly limited in functionality when compared to the desktop platform.
- No matter one’s experience or sophistication level, Trading Station is often the preferred choice among active traders.
- This is the mobile version of the proprietary Trading Station platform.
- Those that require high leverage or are looking for low spreads/fees should review our Best Forex Brokers In Australia and a provider like Pepperstone for advanced traders.
- Clients can also access free live trading signals and technical analysis tools through Lime Fx PLUS, an exclusive live account portal designed to enhance the trading experience.
This includes partnerships with TradingView, Trading Central & VPS providers. You really have all of the tools you need at your disposal to conduct in-depth market analysis so that you can make informed trading decisions. The award-winning proprietary Trading Station is replete with essential tools that are beneficial to all levels and types of traders.
This simplified trading process makes the platform a great tool for beginner traders. Lime Fx is a global forex provider trading with various Lime Fx entities in the UK, Europe, Australia and South Africa. We found that Lime Fx has a simple, helpful account type structure, a hybrid trading execution model and a good range of trading platforms. This is a marketplace where platform tools can be bought or acquired for free. The store contains over 50 MT4 apps, over 50 Trading station apps, over 10 NinjaTrader apps and over 10 standalone apps. There are apps for news, trend and range traders; apps that add new trading features; and apps that just make trading smoother – Lime Fx Apps has it all.
Support
Lime Fx is a market-making broker with a long history in the market, having been founded in 1999 in New York. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates.
The Lime Fx Trading Station forex platform is generally hard to fault, it has a very user-friendly design and comes with has become Lime Fx’s hub for investment advice. One of the key features of the platform is the free professional charting tool known as Marketscope 2.0 which consists of price alerts, charts and a wide selection of indicators. One of the key features of Marketplace is the ability to open and manage all your trades directly from the charts. This means you can perform all your trading analysis, opportunity identification and order execution all in one place.
- Comparison is based on the average Lime Fx Group spreads of the period April 1, 2022 to June 30, 2022.
- Available for both Android and iOS, the copy-trading app enables you to access the markets and manage your account anytime, from anywhere.
- When comparing the spreads to other brokers, Lime Fx at first glance appears to have only average spreads.
- Lime Fx’s pricing for forex trading is slightly higher than the industry average.
- The video library contains easy to understand videos on platform use, forex introduction, order types and mobile platform tutorials.
- I found this tool to be a really way to find trade ideas which can be helpful if you need some inspiration.
The broker also rejects cheques and funds transferred from exchange houses. Accounts can be opened in a good selection of currencies including USD, GBP, EUR, CHF, JPY, NZD, CAD, AUD. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. This is available to all clients who choose to trade on the MT4 platform. The free VPS is provided to high volume traders who have traded up to 500K per month in the last 3 months. Lime Fx limefx website has partnered with two renowned VPS providers to bring this service to its clients.
You will always have materials at our fingertips to help ensure that you can continue improving your knowledge and skills. I especially like how clients are given free access to webinars every weekday. This seminar is facilitated by Lime Fx’s expert analysts and is a great way to learn from the experts. There are also recorded videos from past seminars so that you can catch up in your own time. There are several handy trading guides that are meant to teach new traders about trading online and the markets.
It comprises of daily trading signals, technical analyser and trading analytics. These accounts are kept with top rated banks in Europe, Australia and other Lime Fx country of operations. For example, in Australia, client funds are held in Citibank, Australia; which is an established international bank. For the European clients, their funds are further protected by the insurance provided by the ‘Financial Services Compensation Scheme’ (FSCS). If in the future Lime Fx goes bankrupt, the FSCS can pay compensations to eligible clients. Client funds with Lime Fx LTD are segregated according to FCA client money rules.
Some of them are Barclays Bank Plc, Citibank N.A, Deutsche Bank AG, Jefferies Financial Services, etc. Lime Fx’s price engine examines the price feed from the liquidity providers and selects the best price. What this all means is that you can get your trades execute quickly and at the best available prices at all times. Lime Fx states that the advanced trading technology implemented is responsible for providing execution speeds of 31 milliseconds. I would always prefer to use a broker without a dealing desk is it removes any potential conflict of interest.