LimeFx also provides a decent selection of top-quality trading platforms its clients can operate through. Beginning traders can also access various options to help them learn and enhance their trading skills. LimeFx is one of the forex platforms with the longest histories, providing a reputation of reliability.
Other trading platforms
Despite originally opening in the U.S., LimeFx is not currently available to U.S. clients, although it is available in a range of other markets worldwide. Since 2015, Leucadia has been the majority economic owner of the broker, adding to the platform’s scale. LimeFx is regulated by the FCA (Financial Conduct Authority) in the U.K., which includes default insurance of up to GBP 50,000 for LimeFx and up to GBP 85,000 if the custodial bank fails. LimeFx is also regulated by ASIC in Australia, and FSCA in South Africa. LimeFx is a zero commission broker that offers very competitive dealing spreads on CFDs and forex currency pairs.
Platforms
LimeFx will be best for beginners to intermediate traders or experienced traders who do not feel limited by its relatively low number of forex pairs. Experienced traders who think LimeFx has sufficient instruments will find no shortage of tools to help them with analysis and charting. LimeFx offers many tools for both research and education, each of which has its own dedicated section of the website.
Kick off your journey with an all-in-one platform and bonuses!
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. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The range of products available to you will depend on which global entity under the LimeFx Group houses your trading account. The following table summarizes the different investment products available to LimeFx clients.
Trading Station Desktop VPS
Our customer service has won many regional and international awards for being there when you need us, 24/5. Gain free EAs (Expert Advisors) and Virtual Private Server (VPS) access¹ with your MT4 account. Explore powerful, preloaded tools like Real Volume, Market Depth, and Trader Sentiment.
- No, but you can trade CFDs on major stocks through an online broker like LimeFx.
- There is also an extensive FAQ page with sections for general questions, various product info, and trading information covering the majority of the enquiries you may have.
- Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
- LimeFx offers a good selection of markets, but some other platforms do offer more.
- To make up for this, the platform is available in your choice of 14 languages.
Does LimeFx offer educational tools for investors?
Likewise, search « Trading Station » on your phone’s apps store to get the mobile platform. No, but you can trade CFDs on major stocks through an online broker like LimeFx. The broker has 2 support email addresses that give you access to general or account-specific inquiries. You can even contact the LimeFx trading desk and place orders directly if you have a problem such as no Internet access or a failure to connect to an LimeFx server.
The broker’s multilingual phone service and the live chat feature on its website are available 24 hours a day, 5 days a week. But finding a good Forex broker can be difficult because there are so many to choose from. If you want to find information on Forex brokers, read along to determine if LimeFx is the right Forex broker for you.
The research tools and speakers can appeal to more experienced traders. For traders who appreciate advanced trading tools and quality market https://limefx.club/ research, LimeFx is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow.
He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.
You should therefore ensure that you have reserved sufficient buffer usable margin before opening new trades. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS. For many traders and investors, a home office equipped with a desktop PC is the preferred way to access the forex/CFD market. For those individuals, hosting Trading Station locally via download is an easy way to get up and running in the market. LimeFx brand is an international brand that is registered and regulated in various jurisdictions and is committed to offering you the best possible trading experience. In December 2010, LimeFx completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, LimeFx.
If you trade a notional amount of over $10 million per month, you qualify for a rebate for the trades you placed that is credited directly to your trading account the following month. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). 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. Since 1999, LimeFx, has been a pioneer in developing online forex offerings for retail traders.
LimeFx’s slippage was reported as +87% positive or zero in its July 2021 Slippage Statistics. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). LimeFx’s pricing for forex trading is slightly higher than the industry average.
Trades can be placed and managed on the go through its simple, intuitive interface, which was designed from the ground up to function beautifully on mobile devices. It is the product of more than a decade of client feedback and cutting-edge technological prowess. No matter one’s experience or sophistication level, Trading Station is often the preferred choice among active traders. LimeFx’s Active Traders can unlock the market depth functionality on the Trading Station forex and cfd platform. Multiple levels of liquidity are visible at each price, providing extremely use information to short-term and high-frequency traders. Start trading with No commissions, No swaps, and tight interbank spreads starting from as low as zero.
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. With its wide range of available platforms and deep offering of trading tools, limefx official site LimeFx has set the bar high and competes among the best brokers in the industry. Whether you are a beginner or an advanced algorithmic trader, LimeFx has plenty of options. In our 2024 Annual Awards, LimeFx finished Best in Class for its excellent Platforms and Tools.
There are abundant support resources online and on the LimeFx website for ZuluTrade, MetaTrader 4, and NinjaTrader, as all three are used by numerous forex brokers. You will also find plenty of support for LimeFx’s Trading Station and forex trading in general in the education section. This includes trading guides, speakers, a video library, and a live classroom. LimeFx no longer accepts U.S. clients because it had to pay $7 million in 2017 and give up its registration with the U.S. Commodity Futures Trading Commission (CFTC) for failing to disclose a deal with a market maker to its clients. The broker then sold its substantial number of U.S.-based accounts to Gain Capital that operates FOREX.com, so U.S.-based traders might consider using that broker instead.