With little more than 100 assets available, some may consider the LimeFx asset offering to be quite limited even though it covers a variety of markets. In any case, here are the markets and assets you can expect to find. The overnight fee, as with every broker, is the fee that you incur if holding a position overnight. This is charged by LimeFx at the closing hour of the market and since they are a CFDs broker, this fee is applied to every asset.

Company information

Customers can access a wide variety of technical pointers and cutting-edge order types. Another drawback is that the push signals for android aren’t enabled and real-time notifications. More, the mobile app offers a top bar statistics toggle which users can tap to switch on or off — this is the simplified equivalent of the top bar on the desktop platform. Traders can deposit and withdraw funds for no fee charged by LimeFx. The only fees traders may incur are those by the payment providers.

Trading Restrictions

While using the broker, we got low spreads from 0.6 pips on the AUD/USD and 0.9 pips on EUR/CHF. This compares well to leading forex brokers, including Pepperstone and AvaTrade. Trading Station mobile offers a richer trading experience than MT 4 overall but has a couple of drawbacks.

LimeFx trading platforms and tools

LimeFx offers hundreds of trading instruments on its platforms, covering various asset classes. I think there is more than enough financial instruments to create a diversified portfolio, with something for everyone to trade regardless of your interests. LimeFx provide CFD trading, which allows you to trade the price movements of currency, stock indices and commodities like gold and oil without buying the underlying product. When you trade CFDs (contracts for difference) with LimeFx, you can speculate on price between when you open and close the CFD. The difference in price is the profit or loss, minus any broker fees.

While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking. It’s worth mentioning that your trading account balance must meet a threshold to access certain educational content. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials.

This also means that even if you open a live trading account, you can still maintain your demo account. Their low $50 minimum (applies to non-EU and UK clients) deposit makes them extremely accessible alongside a rewarding active trader program. In terms of financial strength and stability, LimeFx is among the world’s top forex and CFD brokers. There is room for improvement in some areas such as inactivity and wire transfer fees, which remain relatively high. Outstanding research and education resources round out an above-average offering from this veteran forex and CFD broker.

To ensure we offer traders accurate and current information, our forex broker reviews also undergo rigorous editing and fact-checking. These regulations provide certain protections for traders, including negative balance protection and segregated accounts, and ensure compliance with industry standards. LimeFx offers a free demo account for traders to practice trading in a risk-free environment. These insights and summaries can be accessed through the LimeFx website, trading platforms, or through specialized research tools provided by LimeFx. The minimum deposit for a live account is 50 of the account’s base currency, which is relatively low and attainable for both beginner and more experienced traders.

The latest version of the Trading Station web platform has a better look and feel. We noted tighter spreads in some forex pairs, for example, EUR/USD, with spreads as low as 0.8 pips in a Standard Account. Several new payment methods, such as PayPal and Google Pay, are now available for deposits and withdrawals. The demo account features live quotes and simulates live market conditions in assets such as forex and CFDs on commodities, indices, and stocks. Once users are up to speed on a demo account, they can easily switch over to a live version.

LimeFx spread betting is made available where regulation permits, to UK and Ireland based traders. This includes major, minor, and exotic currency pairs as well as some forex baskets like the JPYBASKET which is a Yen index. The InvestinGoal team has gone in-depth on LimeFx to provide the clearest possible insight on all key areas of the broker including security, costs, account types, and more. LimeFx supports a wide range of payment providers making it easy to deposit and withdraw from your brokerage account. As for the credit and debit card deposits, they are often available immediately. The market-leading TradingView charts feature 11 time frames, 11 chart types, and over 100 technical indicators.

If you are unable to effectively take advantage of these active trader discounts, however, you’ll find pricing to be overall higher than average. LimeFx provides traders with its proprietary Trading Station, the MT4 trading platform and ZuluTrade. It also maintains six specialty trading platforms for algorithmic traders and Capitalise AI. Education exists via free online forex trading courses, webinars hosted by LimeFx Senior Market Specialist Russel Shor, and written content with exceptional quality.

The actual amount you receive depends on how much you deposit in your first week of trading. The analyst insights often include expert commentary, technical analysis, and fundamental insights on various financial instruments such as currencies, commodities, and indices. Moreover, I found the user interface to be streamlined and simple. LimeFx also offers 14 indices, covering major global markets and exchanges including US, European, British, Japanese and more as well as the VIX volatility index. No, but you can trade CFDs on major stocks through an online broker like LimeFx.

• If you are trading at LimeFx then there are a few additional products you may encounter along the way as follows.
• You can sign up to receive SMS Trade Alerts (powered by the brilliant Autochartist) to help you spot potential trading opportunities.
• A full-sized contract is 100,000 units of the base currency (the first currency quoted in the pair).
• All in all, I think the asset classes offer broad coverage that most traders will get a lot out of, but LimeFx’s instrument list lacks depth, especially in its range of stocks.

Filippo’s goal with InvestinGoal is to bring clarity to the world of providers and financial product offerings. LimeFx trading station is the proprietary trading platform of LimeFx and is available through their very intuitive and attractive webtrader to run in your browser, or on both limefx website desktop and mobile. The platform is award-winning and very powerful with all of the key features and order types you need built in. This trading platform has been renowned for many years as one of the most powerful trading platforms of choice for all traders in the industry.

Webinars are archived and cover topics related to trading platforms and advanced materials, such as Best Practices for Creating an Algo Trading System. In a section labeled ‘insights,’ LimeFx provides a range of in-depth articles covering themes related to the global economy, trading strategies, technical indicators, and a glossary. https://limefx.biz/ 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. BrokerNotes.co provides unbiased forex broker reviews and ratings to help traders and investors find the best broker for their needs.

Some assets have lower spreads than others, so this is something you need to consider when placing orders. I’m sorry to hear about your disappointing experience with our trading platform Sebastian Grabowski. If you have any specific suggestions or issues you’d like to share, please feel free to reach out to our support team. To assist you better, could you please provide us with your account number or any other relevant details that would help us locate your account in our system? This will enable us to reach out to you so you could share your feedback with us.