It is well known for its user-friendly interface, quick learning curve and abundance of built in charting tools. LimeFx offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web and mobile (iOS & Android). I find the platform easy to navigate and use it for both manual and automated trading. You can customise the layout to your preferences and conduct market analysis using lots of built-in indicators.
This includes pros, cons and an overall rating based on our findings. LimeFx customer support is available from Monday to Friday, 24 hours day. It is good to see they have responded to both good and bad feedback online.
- We have over 20 years of experience when it comes to trading online so we know what to look for.
- If the volume of purchases for a specific currency pair increases, it means that most market participants are buying the currency.
- They are focused on offering high-quality services and comprehensive support to their clients and partners.
- It has an intuitive interface with an array of functionality to perform plenty of trading actions from chart analysis to multiple order types.
- The trading software provides access to a number of expert advisors that can be useful for novice traders who make their first steps in auto trading.
- Through the LimeFx blog users can get insights and articles about trading in financial markets from industry experts.
Otherwise, you could try an LimeFx demo account to see if they live up to your expectations. MT4 is considered to be amongst the best trading platforms for both new and professional traders alike. It has an intuitive interface with an array of functionality to perform plenty of trading actions from chart analysis to multiple order types. MT4 offers a good combination of convenience and functionality for trading online.
There are copy trading solutions for those who may not have the time to trade by themselves. Despite the many positives, I think they are let down by a lack of top-tier regulation. If this matters to you, please feel free to search for an alternative in our broker ratings.
Features and capabilities of MetaTrader 4
MT5 offers advanced trading functions and superior tools for comprehensive price analysis, algorithmic trading and copy trading. Despite that, MT4 remains the platform of choose among most online traders around the globe. I don’t think you can go wrong with either platform and they are so similar, if you can learn how to use one of them you shouldn’t have any problem using the other. The broker uses advanced, high-end technologies, to provide innovation combined with practical execution. You can trade with spreads from 0.0 pips and a very reasonable commission fee. Alternatively, you can have a spread mark-up but pay no commission fee on top.
I actually have my own VPS and find it to be a great tool for simultaneously running multiple instances of the MetaTrader platforms. This enables me to effectively test my automated systems on different brokers to compare trading conditions and performance. It is worth noting that you can get a free VPS from other brokers including Switch Markets. Multiple close of several counter positions allows simultaneous closing of more than two counter positions for one instrument.
A trading platform is a software that allows traders to place trades in the international financial markets and monitor their accounts with financial intermediaries. There are many trading platforms available on the market, but we’ll talk about the most popular one – MetaTrader4. LimeFx offer traders a range of the ever popular MetaTrader platforms. MetaTrader is developed by software corporation MetaQuotes and is widely considered to be the platform of choice for most online brokerages and traders of all experience levels.
- I had no doubts when opening an account, I studied the reviews about the company, so I knew that the LimeFx broker was reliable.
- Multiple close of several counter positions allows simultaneous closing of more than two counter positions for one instrument.
- The broker states that in the case of violation of this condition, they reserve the right to block the trading account of the client.
- I am always impressed when a broker takes the time out to address any concerns although of course, it would be even better if there weren’t such concerns in the first place.
- Using the indicators and applying them to charts, a trader can easily detect trends, determine volumes, spot various technical figures and much more.
All funds deposited into your trading account must be under the same name as your trading account. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. LimeFx have a nice variety of methods for depositing and withdrawing funds from your trading account. This includes bank wire, credit/debit card and online payment systems which are my preferred choice as I find them to be the quickest way to get access to my funds.
So far the best broker I’ve used to…
Well, the fact that trading with LimeFx requires huge capital – capital is needed for a trader to properly assess risks when trading with a small leverage. An opposite position in relation to the given position is a counter position for the same instrument. If there is one or more counter positions among open positions, the selected position can be closed by the counter one.
Scan QR Code to download our App
If the volume of purchases for a specific currency pair increases, it means that most market participants are buying the currency. If selling volumes increase, then the market is betting on correction. It’s worth noting, that the range’s extreme values of 0 and 100 are hardly ever reached. The first error means that Sentiment Indicator cannot be applied to selected currency pair, or there is no Sentiment Indicator’s history on this particular MT4 server (demo).
They have flexible account types for all types of trading strategies, including scalping and automated trading with expert advisors. I like how there is a great range of powerful trading tools freely available which can be very helpful for market analysis and finding trading opportunities. The minimum deposit to start trading is not the cheapest at $100 and I would prefer if they were regulated by a top-tier regulator. Overall, there is a lot to like about this broker and the good range of trading products and services that they offer. There is a decent amount of trading instruments with flexible trading platforms, trading apps and account types for different levels of traders. They also offer a selection of useful trading tools and educational materials to assist traders with making informed trading decisions.
LimeFx Reviews
I am always impressed when a broker takes the time out to address any concerns although of course, it would be even better if there weren’t such concerns in the first place. We use dedicated people and clever limefx reviews technology to safeguard our platform. The market indicator has its own critical values, the so-called extremes. LimeFx’ execution quality
is confirmed by VMT
and complies with best
execution standards.
I think that robots can be a solution for anyone who does not have the time to trade but you should manage your expectations accordingly. I do run robots myself, but they are based https://limefx.biz/ on my own trading strategies that I have spent countless years on developing. The MetaTrader platforms are already fully loaded with more tools than most of you will ever need.
Several counter positions can be closed using the “Multiple Close By” tab. Counter positions for all or some of the managed accounts can be closed using this tab. Every connected account that has open counter positions and every open position are displayed in table lines. If there is no need to close positions for an account, this account line must be unchecked in the table. To close counter positions for a particular instrument, press “Multiple Close By” button.
I agree with the opinion that LimeFx…
LimeFx provide a good variety of CFD trading instruments to clients via the popular MetaTrader platforms. You can choose from flexible account types and get some powerful trading tools to help find opportunities. Social trading is also supported but the broker is not currently regulated by a top-tier regulator which may concern some.
LimeFx Review
In this tab, one can close a position by a counter position for all or selected accounts. Each connected account with open counter positions is displayed in a table line. If you don’t want to close a counter position for a particular account, uncheck the box with this account. To close a position, select it from the account’s popup positions list, then check a counter position in the list of opposite positions and press “Close”.