My inquiries ranged from basic questions relating to account features to more complex themes like order execution. I noted that the support staff was usually well-informed and polite. Keep in mind though that the bulk of the 10,000+ instruments are CFDs on shares. Traders have the flexibility of using all major order types via the MT4 app, including market orders, limit orders, and stop-loss orders. Open positions can be modified by changing stop loss and take profit order levels. I tested the spreads at LimeFX across various markets using the MetaTrader Platform during the London open and after the open of the New York forex session.
Does LimeFX Have A Forex App?
- How serious is “LimeFX” in supporting and serving its clients?
- Spreads are better than average for the industry in every asset class.
- LimeFX sets itself apart in the competitive broker landscape with its ECN-style pricing and extensive asset offerings.
- Hi Clement, If you have an account with LimeFX Australia then I would expect you should be able to use the IRESS account.
- LimeFX can accommodate scalpers and day traders thanks to tight spreads, low latency trade execution delivered from an Equinix NY4 facility server cluster, and 1-click trading.
Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple limefx website of different prop trading firms in Chicago. Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. Funds can be deposited and withdrawn using a wide range of methods including credit card, debit card, bank wire, digital wallet, and various online payment systems.
recomend, safe place for trading. Satisfied!
I can see how what is written might be interpreted to mean LimeFX Grenada entity might be using a different source of liquidity to their other entities. Hi Clement, If you have an account with LimeFX Australia then I would expect you should be able to use the IRESS account. As I understand it, it’s only the LimeFX subsidiaries outside Australia that don’t offer IRESS, so in your case I don’t believe you should need to use the VPN. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
Therefore, traders can rest assured that their deposits, segregated from corporate funds, are safe. The NDD execution model allows for conflict-free trade execution, and external financial audits exist, but LimeFX does not provide details about the auditor. Overall, LimeFX is a transparent and trustworthy broker, one of the best out of Australia, and highly competitive globally. The availability of trading platforms for demo accounts may vary depending on your location, but all users have access to demo versions of MetaTrader 4 and MetaTrader 5.
Non-Forex Assets
The technical and fundamental analysis reports also offer actionable insights. The broker’s expert insights and market summaries offer valuable limefx forex brokers reviews perspectives on current conditions and potential trading opportunities. LimeFX provides an array of forex research that I feel provides depth to the analysis process. Lastly, the real-time news feeds and customizable alerts keep me well-informed about market developments when I trade with this broker. The choice of high-quality trading software is a key benefit of trading forex with LimeFX. And importantly, I find the integration with all three platforms seamless.
The advanced order types, level II pricing and custom features also mean it caters to both short-term traders and longer-term investors. This is fairly standard at online brokers, but we still only recommend using high leverage if you are an experienced trader and can manage risk effectively. Trading with high leverage can lead to large losses in volatile markets. The forex offering caters to various trading strategies with over 70 currency pairs. From majors to exotics, we are impressed by the range, which is firmly on the upper end of the forex brokers we review. We also enjoy the broker’s accessibility for international traders, with over 12 base currencies accepted, including USD, EUR, GBP, AUD, and HKD.
Trading Security Problem.
At these times, the market is typically highly liquid with the tightest spreads. LimeFX operates entities licensed by top-tier regulators that offer relatively high account security and others that are regulated offshore or unregulated. Platform is Excellent Choice Specially for MT5 and Very Tight Spread for MT5 on RAW Account fast withdrawal like 5 to 6 hours via Dragon Pay.
Our partners cannot influence our reviews, nor can they pay us to bias our rankings. Cryptocurrency markets operate 24/7, allowing for continuous trading throughout the week. Trading hours for indices can vary based on the specific index and the exchange it is listed on.