The breadth of platforms and available tools means that experienced traders are best served by LimeFX’s emphasis on incorporating value-added services and resources. I like the trading environment at LimeFX, especially for high-volume traders using algorithmic trading solutions. LimeFX is a very well-regulated global Forex broker with a large client base and a big reputation to maintain. All trading platforms fully support algorithmic trading, and LimeFX provides four free APIs to developers on top of a wide selection of third-party plugins. The research section offers a tremendous asset to all traders and warrants an account opening to retrieve free access to it.
- While using the broker, we got low spreads from 0.6 pips on the AUD/USD and 0.9 pips on EUR/CHF.
- We found LimeFX’s fee structure to be very competitive, especially with an average EUR/USD spread of 0.74, which is below the industry standard of 1.08.
- This represents a good selection of payment options and the absence of a crypto deposit option is the only minor complaint I have.
- At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers.
These regulatory bodies enforce strict financial standards on LimeFX, including capital adequacy requirements, and have the right to fine firms and terminate their regulatory status for violations. Accounts with LimeFX are also segregated in accordance with client money rules, providing added protection for client funds. They offer traders the possibility to customize trading platforms, and LimeFX offers 35 free plugins. ForexBrokersOnline.com aims to provide the most comprehensive source of information about forex brokers.
Is LimeFX A Regulated Forex Broker?
The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. LimeFX Pro offers wholesale execution and liquidity solutions for retail brokers, hedge funds and emerging market banks. Their relationships with tier 1 banks and non-bank liquidity providers, prime broker relationships, and technology vendors can provide customers with market access on an unrivalled scale. The availability of MetaTrader 4, TradingView, an assortment of add-ons for algo trading, and its own proprietary platform Trading Station provides traders with excellent technical resources.
Reviews from actual traders
LimeFX has an online application form, which is the standard operating procedure. The trading hours for CFDs on stocks, indices and commodities may vary depending limefx broker reviews on the specific market. For example, indices like the S&P 500 or the FTSE 100 will have trading hours that correspond to the opening hours of the underlying stock exchanges.
ForexConnect supports C++, C#, Java, VB, VBA, compatible with .Net, Linux, iOS and Android, and it is free which is great. FIX API is FIX Protocol standard designed for real-time, custom institutional interface which push up to 250 price update per second (not available on other APIs). An LimeFX Trading Station account with a $5,000 minimum balance is required. Yes, LimeFX is a regulated broker in the UK, Europe, Australia, and South Africa, adhering to strict standards. Their global reach and regulation provide a high level of safety and security for traders. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN.
LimeFX withdrawal fees
I do note, however, that I had to enable hedging before I could make use of this strategy, though I did limefx scammers this easily by accessing my account settings. The broker’s commodity list includes gold and silver as well as energies and a few soft commodities, while the Euro-Bund Futures Index is also available to trade. To prevent this from happening, you either have to place a new trade, maintain an existing trade or close your account. Professional and corporate accounts are also available upon request. LimeFX has strong regulatory credentials with oversight from several respected financial watchdogs.
What is the minimum deposit at LimeFX?
We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. We recommend the Standard account for beginners and casual traders. It offers the full suite of assets with micro-lot trading, leverage in line with regulatory requirements, plus the broker’s four trading platforms.