If you ever need anything else, please don’t hesitate to reach out to us. LimeFx’s in-house education is above average, and primarily takes the form of articles, videos, and content produced for its LimeFx YouTube channel.
Trading and Investment Tools
- Newer traders can access a wealth of educational resources, an unlimited demo account and reliable customer support, while algorithmic traders can take advantage of LimeFx’s automated trading software.
- LimeFx’s offshore entity offers up to $200 as a welcome bonus when you open a live account.
- The range of materials available here is ideal for beginners, but also has something to offer more experienced traders particularly through the daily webinars that are made available.
- You can check the performance of your portfolio and individual Traders inside ZuluTrade platform.
I have my own VPS from a third-party provider that I find to be an invaluable tool for running my automated systems around the clock on multiple instances of the MT4 platform. This way I can test how they perform on different brokers without needing my own computer constantly running. It is worth mentioning that you can get a free VPS from other brokers including IC Markets. It provides high-quality educational resources, unrestricted demo accounts, and user-friendly platforms to help beginners learn and improve their trading skills. Capitalise.ai also supports traders in developing algorithmic strategies with no coding skills.
Is LimeFx A Regulated Forex Broker?
Things are looking good for the future reputation of LimeFx, but it will be a while before it is completely healed. This happened because LimeFx had a relationship with an important market maker at the time. This concealed relationship led to a conflict of interest between LimeFx and its users, which resulted in users losing money. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.
Reviews from actual traders
Spreads with LimeFx’s active trader account are cheaper than they may appear when you compare with other brokers as LimeFx off lower commission fees. The overall lowest spreads are offered by IC Markets https://limefx.biz/ in our head-to-head comparison. LimeFx, also known as Forex Capital Markets, is a global forex provider trading with various LimeFx entities in the UK, Europe, Australia and South Africa.
Trading Restrictions
LimeFx offers a ‘forex simulator’ that provides traders with a realistic and risk-free environment to practice their trading strategies. The simulator is designed to replicate live market conditions and allows traders to execute trades, monitor price movements, and analyze their performance without risking actual capital. A news feed below the chart adds fundamental analysis to the mix, making this a great all-in-one platform that beginners should find easy to pick up. The addition of preloaded technical indicators and automated trading strategies means that more experienced traders will also find a lot of value in this platform. 62% of retail investor accounts lose money when trading CFDs with this provider. There is a very high degree of risk involved in trading securities.
Service Details
All websites and web-based platforms are tested using the latest version of the Google Chrome browser. Our Desktop PCs run Windows 11, and we use MacBook Pro laptops running the latest version of macOS to test trading on the go. We test mobile apps and products using iPhones running iOS 17 and Samsung devices running Android OS 14. A simple online application form handles new account applications.
Among them are LimeFx’s flagship Trading Station Desktop, Mac-friendly Trading Station Web 3.0, mobile platforms, and MetaTrader4 for those who use Expert Advisors. The broker has secured partnerships with reputable experts to bring premium services to its clients. This includes partnerships with TradingView, Trading Central & VPS providers. You really have all of the tools you need at your disposal to conduct in-depth market analysis so that you can make informed trading decisions. This is a marketplace where platform tools can be bought or acquired for free.
I was impressed with the amount of free educational content that LimeFx has available. You will always have materials at our fingertips to help ensure limefx courses scam that you can continue improving your knowledge and skills. I especially like how clients are given free access to webinars every weekday.
With LimeFx, you can get trading signals delivered daily to your mobile. Geo-political events as well as many other macroeconomic factors influence price action and create volatility. You can sign up to receive SMS Trade Alerts (powered by the brilliant Autochartist) to help you spot potential trading opportunities.
LimeFx’s proprietary Trading Station platform is compatible with iOS and Android mobile devices. In summary, the LimeFx web trading platform is highly customizable, supports heaps of order types, and has a plethora of educational resources from online Live Classrooms, to Free SMS Trade Alerts. It also offers extensive charting analysis with a huge range of additional charting tools.
Commissions with most other brokers are $7.00 round-turn, while Active Traders can be as low as $5 round-turn. If you subtract 0.2 pips from each spread, then the spreads appear to be more competitive. The Active Trader account uses a tiered commission structure which means the more you trade, the lower your commission cost will be. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. LimeFx allows trading in 43 forex pairs and 440 tradeable symbols, which remains below the industry average of 3,623 tradeable symbols.
It does not have the most beautiful interface and requires some time and effort to learn, but that is typical of advanced platforms. We judged the trading related fees (spreads, commissions and swaps) for the Standard Account at LimeFx to be average and in some cases better than average for the industry. Some account-related fees such as the inactive fee are more costly than average. We tested the spreads at LimeFx across different asset classes using the Trading Station platform at 8 a.m.
I like that LimeFx invested heavily into its algorithmic trading environment, and I rank it among the industry leaders in this category. Unfortunately, LimeFx is unavailable to U.S. traders at this point in time. This is a set of quality tools designed to assist you with your trading activities. It comprises of daily trading signals, technical analyser and trading analytics. It is regulated by multiple tier-one financial authorities, including the FCA and ASIC, which adds credibility and oversight to its operations.