LimeFx Review Review 2024

Additionally, their charting tools are extremely fast, smooth and responsive. LimeFx is uniquely positioned with this product in the fact that they can actually function as a liquidity provider for other equities including brokers. Tradingview is a third party software which is available through LimeFx.

The LimeFx economic calendar highlights worldwide economic events that have an impact on trading instrument prices. You may look up events and compare analyst consensus to historical data. The worldwide market news is updated multiple times during the day. It provides the most recent news and events in the economic activity of many nations. The broker provides a Python wrapper that integrates seamlessly with Jupyter Notebook. In addition, LimeFx also gives real-world examples of how to use LimeFx data to develop and test strategies on popular platforms such as BT Analysis, QSTrader, Zipline, and QuantConnect.

In return, you may experience a slightly higher spread on assets traded through this account type. 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. At InvestinGoal, we adhere to strict standards to ensure an unbiased review process.

  1. Withdrawals may take up to 48 hours to complete and again there is a withdrawal tutorial video available if you encounter problems.
  2. The newsletter is called “Before the Bell,” and it is distributed by email.
  3. 66% of retail investor accounts lose money when trading CFDs with this provider.

See how LimeFx compares to the leading Forex brokers by reading one of the reviews below. Tier 2 Active Trader account is reserved for users who trade in volumes exceeding $150 million per month. Here, the commission rate is $25 per million and there are also other smaller discounts for Active Trader account users. This happened because LimeFx had a relationship with an important market maker at the time.

That means you can become an affiliate partner of LimeFx and share your referral link with family and friends. And whenever a trader will open an account using your referral link and execute a trade you will get paid by the platform automatically. A trader will get a deposit bonus of up to $300 and to avail of the bonus, all you need to do is to open an account and deposit at least $50. LimeFx broker offers bonuses in the form of either Rebates or Special offers.

LimeFx Islamic Account

Entry-level data is free of charge, while premium data comes at a (reasonable) price. The marketplace offers apps for fundamental traders, trend traders, and range traders among other categories. Both demo account and real account limefx company reviews holders can access these apps. For traders in , LimeFx offers three different account options for traders – retail, active trader, and professional. All three account types are covered by LimeFx’s 24/5 support and trading resources.

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. Since every asset has its own fee, and this is constantly changing based on the market, you can get the precise infor at that time through the brokers trading platforms. In addition to offering very low spreads and several different account types, you can also try out a demo account that replicates live trading but in a risk-free environment with virtual funds.

LimeFx Active Trader spreads

I like how you can easily create, test and automate trading scenarios using everyday English. Power up your trading with easy, intuitive and code-free automation. From managing your daily trades to building complex automated systems, with you can automate your own trading with zero code.

How can I deposit into an LimeFx account?

The ForexConnect API offers the same functionality that is available on the powerful LimeFx Trading Station. This includes all of the available order types, streaming live prices, managing your positions, downloading historical instrument rates, getting account reports, and more. ForexConnect supports C++, C#, Java, VB, VBA, compatible with .Net, Linux, iOS and Android, and it is free which is great. There’s a market scanner feature that uses technical indicators to show traders when it’s a good opportunity to buy/sell. Unfortunately, the market scanner only works for a limited number of products. Trading Station desktop (not to be confused with TradeStation) is LimeFx’s main platform.

Client Support

Overall, LimeFx broker is considered a trustworthy and safe broker with a trust score of 96 out of 99. Whereas, tire 2 and tire 3 regulators indicate average and low trust. To stand straight as a prestigious and trustworthy brokerage firm, LimeFx is regulated by FCA, ASIC even FSCA. The 1st tier ranges from $10 to $25 million traded per month and pays $5 per million, while the 5th tier pays $25 per million if you traded a minimum notional amount of $300 million per month. A noteworthy feature of Trading Station desktop is the Marketscope 2.0, a great charting tool that can run simultaneously with  Trading Station.

While there are no withdrawal requirements, there are fees when using Bank Wire and Union Pay. All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month. Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments.

A simple online application form handles new account applications. New traders go through a quick three-step account application process at LimeFx, including account verification. Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements. For deposits between $300 and $4,999, the referrer gets a $100 bonus, which doubles to $200 for deposits from $5,000. The referee must trade 200 or 500 contracts, respectively, within 90 days, making it a challenging low-payout bonus to receive.

In any case, if you ever want to share any feedback, our team would be more than happy to hear you out. Today a customer not only wants to deposit funds with a regulated broker but also wants to explore and experience all the brand-new modern plugins and tools. The award-winning proprietary Trading Station is replete with essential tools that are beneficial to all levels and types of traders.