The mobile app is available for Android and iOS and allows you to place complex orders, have a complete overview of your account at all times and monitor your trade history while you are on the go. The web version of MT5 + allows you to place your trades directly in your browser and also gives you access to exceptional features of the platform without having to download them. LimeFX is proud to present LimeFX’s newest trading platform, the MT5 +. LimeFX has taken the latest version of the world’s most popular trading software for private investors and added a variety of additional functions that aim to improve your trading significantly.
- This variety of instruments allows traders to find what they want to trade on the platform, whether they are beginners or experienced traders.
- Please note that you can copy several traders at a time or one and the same trader several times.
- We provide all services on a month-to-month basis (unless you have chosen to pre-pay for multiple months).
- We value transparency and openness in the way we review the partners.
However, LimeFX does not offer e-wallet options, which is a popular payment method among traders, and the information on withdrawal processing times is limited. Additionally, local bank transfer is not available in some countries. With excellent copy trading functionality and a range of accounts with low minimum deposits, including a micro-trading account, LimeFX appeals to beginner traders familiar with the Metatrader platforms. However, traders should note that LimeFX’s trading costs are higher than other similar brokers.
Account Types
FBS’s $140 No Deposit Bonus is kind and inviting chance for new traders to test the platform without jeopardizing their money. Please check LimeFX official website or contact the customer support with regard to the latest information and more accurate details. Free trading platform with great flexibility and a user-friendly interface.
LimeFX offers support for the MetaTrader platforms – MT4 and MT5. Developed in 2005 and 2010 respectively, these systems have become the leading platforms for online forex and CFD trading. They come with multiple chart types, including line, candlestick, and bars. Other popular features include Expert Advisors, automated trading support, strategy backtesting, customisable charting, indicators, and copy trading functionality. LimeFX commission-free costs commence from 1.8 pips or $18 per 1.0 lot, triple that of competitive offers. While it presents a commission-based alternative with spreads from 0.0 pips, commissions range between $10 and $30 per lot.
Deposits & Withdrawals
Spreads on these accounts are often wider than those with higher minimum deposits. Both LimeFX’s accounts have a minimum deposit of 50 USD, making them accessible to beginner traders. LimeFX offers two account types, which is average when compared to other brokers, and the accounts are more suitable for beginners than experienced traders. It also provides its clients negative balance protection, so that they cannot lose more than is in their trading accounts.
For traders that trade in large volumes (more than 10 lots a month), it is better to open an account denominated in USD at a digital currency bank, especially for trading on assets such as the EUR/USD. This is because when trading a USD quoted currency pair with a GBP account, there will be a small conversion fee for every trade made. LimeFX’s non-trading fees are average compared to other similar brokers. LimeFX also insures all client money through the Investor Compensation Fund (ICF).
Compare Brokers
Unlike other brokers that offer a range of account types with lower spreads linked to higher minimum deposits, LimeFX offers two market-execution accounts with low minimum deposits. The Classic Account has trading costs included in the spread while the ECN Account offers tighter spreads and a small commission per trade. LimeFX
is a large and established online trading brokerage who serves the
international markets by accepting traders from around the world and offering
their services in over 10 languages.
Please note that you can copy several traders at a time or one and the same trader several times. If you wish to make another account your main account, access the “Metatrader” section and click on “Turn into main” in the line of the corresponding account. Although you can create several accounts within your Client Profile, all trading operations are conducted only in the “main” account. In case you haven’t received an sms with a code, please contact the client support service via LIVE CHAT or other means of communication. Client Profile is a secure area of LimeFX’s site that provides access to all main account operations. Through LimeFX ECN price model you get to trade with spreads from as low as 0.0 pips.
Trade like a PRO with the World’s best Forex VPS. This is what you get!
Then, move to the Trading section in the left menu and select the trading instruments you prefer (Currencies, Cryptocurrencies, Metals, Oil, Shares, Indexes). In conjunction with LimeFX’s pure agency model and proven DMA / STP execution, you get a mobile app that is indispensable for every serious trader. https://limefx.group/ You have access to 1000+ instruments including FX, stocks, indices, precious metals, commodities and many more. You are only one click away from trading LimeFX’s 1000+ trading instruments, enjoying 100% DMA / STP order execution and benefiting from further features and functionalities of the MT5 +.
Another cool feature is
the ability to follow and copy other successful traders trades with the social
trading and copy trading features. Lite Finance (ex. Lite Forex) offers platforms available in MetaTrader 4 (MT4), MetaTrader 5 (MT5) and LiteFinance proprietary mobile apps. LimeFX provides a host of trading calculators, including a trader’s calculator limefx review to calculate trading costs and required margin, a Fibonacci calculator, and a currency rates calculator. LimeFX offers a discounted VPS (Virtual Private Server) service on the MT4 and MT5 platforms. VPS hosting allows traders to run automated algorithmic strategies, including expert advisors 24 hours a day 7 days a week on a virtual machine.
However, these costs are still above those of other good brokers, which have trading costs of 9 USD per lot traded. Additionally, spreads are variable, which means they get tighter or wider depending on trade volume and market volatility. The demo mode will allow you to assess the functions of the copy trading platform before registration and without specifying your personal email address or phone number. FBS broker is a time-proven company that has gained dozens of awards for being a proper mediator between traders and the market. The best known and most successful FX & CFD trading platform now fits comfortably in your pocket! With LimeFX’s MT5 + mobile app, you can trade anytime from anywhere with your smartphone or tablet in the future.
LimeFX does not charge any fees for deposits but charges fees on some withdrawal methods. For example, it charges a fee of 3% for withdrawing via debit/credit cards and and a commission of 2% for withdrawing via Neteller (click here for more on LimeFX’s deposits and withdrawals). Overall, these withdrawal fees are higher than other similar brokers.
