Seer is made for building, optimizing, back-testing, and deploying automated trading solutions. The addition of this platform is a great boon for tech-savvy traders with an interest in algorithmic trading. Since this difficult period, LimeFx has made effective moves to repair its damaged reputation.
- LimeFx offers hundreds of trading instruments on its platforms, covering various asset classes.
- The SSI tool proved an effective double check which was particularly useful at time of trade.
- Ninja Trader is particularly strong in terms of market liquidity and accesses the same pools of liquidity as global banks, financial institutions, prime brokers and market makers.
- That being said, each platform is good in its own right with different advantages and disadvantages that we will cover in this section.
- LimeFx is considered a low-risk and can be summarised as trustworthy and reliable.
- Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading.
This hands-on experience can help you gain confidence and become more comfortable with trading. So, if you have a $10,000 position, you only need to tie up $1,000 or a tenth of the value in your account. With high-risk leverage, a small sum controls a much bigger financial position. LimeFx offers various funding payment methods listed in your LimeFx dashboard if available in your region.
In-house Trading Station Platform
However, leverage should be used smartly as it increases the power of losses as well. Also, LimeFx is a member of the Investor Compensation Fund, which secures the claims of covered clients against a company in case of its insolvency. The account applicant must now carefully read, consider and ensure that they understand LimeFx’s terms and conditions. Once they are secure in their choice to open an LimeFx live trading account, they can now click on Finish.
Follow the links below to learn more about these LimeFx broker alternatives and choose the one that best suits your trading needs. It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. The LimeFx phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by LimeFx and found that they could assist us in various languages.
In the trading world, brokers like LimeFx, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features. Looking at the screen throughout the whole day, and watching how quotes jump does not give a sense of a presence in the market.
- More information is found here – where LimeFx have published a video tutorial of how to move funds.
- LimeFx is a trustworthy and legitimate broker regulated by the Cyprus Securities and Exchange Commission (CySEC), one of the most reputable financial regulators.
- The Live Pricing Widget details the different markets on offer and also the current prices.
- LimeFx trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools.
- This happened because LimeFx had a relationship with an important market maker at the time.
Your input is important to us, and we appreciate your assistance in this matter.Sebastian, your additional information is much appreciated! One of our account manager will be in touch shortly to gather your feedback. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category.
What are the funding methods for LimeFx?
Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an LimeFx subsidiary outside of the United Kingdom. The range of markets available with LimeFx is quite broad however you can find other brokers that offer more choices for each financial instrument. 39 currency pairs, for example, would put LimeFx at the lower end of the broker for currency choices. LimeFx can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc.
Perhaps because trading CFDs is not the same as trading the stocks themselves, it is much more risky. But what this broker has is debugged in work, like the most accurate mechanism. This also applies to payments, and technical support, and the organization of trading. Forex Capital Markets (LimeFx) limefx scam is an award-winning and leading provider of online foreign exchange (FX) trading, stocks, CFD trading, Cryptos, and related services worldwide. The broker was founded in 1999 with a mission to provide access to the financial markets via innovative tools and superior trading conditions.
It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools. This platform is the most widely used platform by traders and the most offered platform by brokers, many consider MetaTrader 4 to be the ‘gold’ standard when it comes to platforms. 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. MetaTrader 4’s reputation and reliability make it a sound choice for all traders.
While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all. While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with LimeFx, before live trading.
What type of broker is LimeFx?
Yet, we saw broker offering only FX and CFDs trading through only one trading platform available for the option. On top of that, the broker provides really poor educational resources which is a huge stumbling block for beginners specifically. Here let’s have a look at some alternative brokers that we reviewed.
It’s worth noting that the expiration date of the proof of address document may differ for different entities under LimeFx Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you’ve passed compliance, you can start exploring LimeFx’s platform. The LimeFx https://limefx.group/ team did resolve and answer our queries, but the email support from LimeFx was overall average compared to other brokers we have tested. In addition, we tested LimeFx support services in various countries and languages and found that LimeFx were able to effectively resolve our customer issues. Our team tested the live chat support of LimeFx and found it to be satisfactory.
LimeFx Trading Instruments
Their minimum deposit of $50 to start trading is also quite low as compared to others brokers in South Africa. The fees structure is very transparent, we found them to be very competitive with their spread. Overall, due to the strong background of the broker, years of successful operation, and reputation in the financial world our financial experts find LimeFx broker a reliable and safe trading environment. Active or high-volume traders can enjoy their benefits with various available interfaces, good and competitive value spreads, or offerings with advanced technical features. The range of products available to you will depend on the entity of your trading account. Cryptocurrency trading is available at LimeFx through CFDs, but not available through exchange trading the underlying asset.
This is a nice touch as there can often be issues which crop up. Each of the four platforms are well regarded in the trading community and each dove tails well with the other. Tier 2 Active Trader account is reserved for users who trade in volumes exceeding $150 million per month.