In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.
Lime Fx offers a blend of market research developed in-house and incorporated from third-party providers. The broker offers the Trading Central package, which includes an intuitive economic calendar, featured trading ideas, and the Market Buzz feature. Lime Fx also publishes market breakdowns on its YouTube channel. Lime Fx accepts payments via bank wire, credit and debit cards, e-wire, and cryptocurrencies. It does not impose a handling fee for deposits and withdrawals, though third-party payments may apply.
It equips traders with essential tools and configurations to analyze price action and spot trading opportunities. Just as important is the ability to easily scale price action, allowing for a clearer and more detailed view of market movements. I tested the desktop version of the MetaTrader 4 platform, which features multiple essential tools, such as one-click trading, an alarm setting option, and a market depth tool. These allow traders to examine various market developments from different angles and exploit the underlying trading opportunities in multiple ways.
I also appreciated its comprehensive market research offering. Lime Fx offers 26 futures contracts on currencies, commodities, and indices, which is beneficial for longer-term traders. However, the broker charges above-average swap fees, making it less favorable to hold a position open overnight.
While the content is particularly useful for day traders, it also provides insights into broader and long-term market trends. Lime Fx offers Islamic accounts for swap-free trading under Shariah law. Clients can request further assistance by contacting the broker’s customer support.
It also provides quality research and educational content, catering to the needs of beginners and seasoned traders. Examining the web version of the platform reveals several weaknesses. The interface of the terminal is simple, with limited features offered. Liquidity issues are obvious and are directly related to leverage and financial losses incurred by clients. Stability in the terminal is poor, and there are significant delays in order execution.
Clients who trade with this broker enjoy the luxury of trading with fixed spreads. For the basic accounts, the spread is 1.8 pips, while the Privilege account reduces the spread to 1.1 pips. When opening an account, traders can use USD, EUR, or GBP as the account currency. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
Most of the data is present exclusively in electronic documents. Nevertheless, the client agreement reserves the right for the company’s employees to unilaterally change trading conditions, including swap charges. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Lime Fx offers three retail trading accounts with a minimum deposit of $50.
Lime Fx MT4 Mobile
- To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
- Hi Atef Al-Fergani,We really appreciate you sharing your Lime Fx experience with us!
- Lime Fx operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA).
- It also provides quality research and educational content, catering to the needs of beginners and seasoned traders.
Lime Fx excels in the education category with its broad collection of articles, videos, webinars, and ebooks. Beginners can learn about the core aspects of trading like technical analysis, fundamental analysis, trading psychology, and risk management. When we test a broker’s customer support, we evaluate the agent’s knowledge of their own website, how long it takes them to respond to questions, and how detailed their answers are. I also appreciated the broker’s phishing notice, which clearly outlines what clients can expect in terms of official limefx courses scam communication.
You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. Lime Fx’s MT4 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform. There is no where to withdraw the money.If the system is trading why don’t l see a change in the balance, this must be a bogus thing. To date, 2nd September, this has not been done, and I now doubt if it will be.
We are truly sorry to hear about the challenges you’ve faced and understand how inconvenient this must have been. This will allow us to locate your account and review your case thoroughly.We sincerely apologize for any inconvenience caused and want to assure you that we are committed to resolving this matter as quickly as possible. Should you have any additional questions or require further support, please don’t hesitate to contact us.Best Regards, Lime Fx ⚡️Empowering traders. Dear Eunice Barnes,Thank you for sharing your feedback with us.
¿Son buenas las comisiones de trading de Lime Fx?
Our goal is to make every aspect of your trading experience as seamless as possible, and we’re glad to have exceeded your expectations. Hi Atef Al-Fergani,We really appreciate you sharing your Lime Fx experience with us! ForexBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. I found the materials to be well-structured and highly detailed, exploring fundamental trading concepts from multiple perspectives. This layered approach provides learners with a comprehensive and well-rounded understanding of essential trading principles.
When funding your account, a service fee is charged, which is 10% of the deposit amount and has a maximum amount of $200. There is also an inactivity fee of $50 if the account is not used for one year, which will result in it being closed and the balance being written off. Hi A Muro,Thanks for taking the time to share with us limefx review your feedback!
T4Markets Swaps
- The major drawbacks of such an approach are the lack of obvious distinctions between accounts and the lack of transparency to clients in general.
- On my account currently aud/usd I trade is just below 2 pips, and thats because I’m on premium.
- This will allow us to locate your account and review your case thoroughly.We sincerely apologize for any inconvenience caused and want to assure you that we are committed to resolving this matter as quickly as possible.
- The project provides spot and margin trading with a limited number of financial instruments.
Swap-free trading is available via Lime Fx’s Islamic accounts. Lime Fx incorporates the standard suite of MetaTrader 4 available for desktop, web, and mobile trading. It can be used for automated trading via EAs, basic technical analysis, and simple order execution. The broker also offers its TradeCopier service for copy trading.
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