Mt4 fully supports algorithmic trading from its desktop client and has an embedded copy trading service. Traders can browse the 25,000+ custom indicators, plugins, and EAs available for MT4, but the quality upgrades are not free. I am missing an introduction to the proprietary options, as LimeFX does not list any features and only notes how to access or obtain them. As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. The one thing that MT4 is quite suitable for is automated trading because it is not dependent on the execution of precise technical analysis.
The choice of base currencies is also the same and includes EUR, GBP, and USD. LimeFX allows its clients to use a number of time-efficient and convenient deposit methods like Visa, Mastercard, and Maestro-branded debit and credit cards, Neteller, Skrill, and Paysafecard. Other payment methods traders can use to transfer money to their accounts are Sofort Banking, Rapid Transfer, bank transfers, Apple Pay, Perfect Money, open banking, and cryptocurrencies.
Supported Languages
Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I limefx official site recommend using the mobile app only to monitor your positions’ development and make changes if needed. LimeFX is still a relatively new broker, having been established just a couple of years ago.
trading potential
The secure LimeFX client portal handles all financial transactions for verified clients. LimeFX notes 24/5 customer support in 30+ languages, but I only came across e-mail support during my review. The FAQ section left me unsatisfied and searching for answers elsewhere.
All great when you deposit but then…
At the time of my review, there were 5 upcoming webinars, all in Arabic. I quite appreciated that there is detailed personal info about market experts who lead the webinars. LimeFX works with multiple payment services to provide its clients with maximum flexibility. Deposits can be made via bank wire, credit or debit card, e-wallets, or crypto wallets. The broker does not charge deposits and withdrawal fees, except for withdrawals below $300. I performed my tests on a Standard LimeFX trading account using the desktop and mobile app versions of the MetaTrader 4 platform.
- LimeFX presents its proprietary web-based trading platform, accessible from the client portal, a mobile app, and the MT4 trading platform, which remains the undisputed industry leader, plus MT5.
- For the most part, commodities markets are open around the clock, so traders can take positions on them 24/5.
- Sometimes, the bid-ask spread can widen due to lack of liquidity or market volatility since traders will either avoid paying more or accepting less than a specific threshold, when buying or selling an asset respectively.
- Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading.
- Forex traders get an excellent asset selection, and I like the availability of fractional share dealing, making LimeFX a solid broker for beginners.
Sometimes, the bid-ask spread can widen due to lack of liquidity limefx official site or market volatility since traders will either avoid paying more or accepting less than a specific threshold, when buying or selling an asset respectively. Trade forex with fixed or flexible spreads, starting from as low as 0.0 pips. Whether you are a beginner or a professional trader, you can choose the right spread account for you and explore opportunities with our superb conditions.
Hello Ignacio Villalobos,We are so grateful that you took the time to write this excellent review! There are 30 built-in technical indicators, 23 analytical objects and numerous analytical tools that traders can use to identify entry and exit points. The availability of some of these banking methods depends on the location of traders, so the list of options they will get to see when they access their accounts might differ. Even though future markets are leveraged, traders should bear in mind that they will not only get greater exposure to the market but will also be more susceptible to its negative movements. Due to regulatory restrictions, LimeFX does not accept customers from several jurisdictions, including North Korea, Sudan, Cuba, Syria, the US, and Iran.
