When you trade CFDs (contracts for difference) with Lime Fx, you can speculate on price between when you open and close the CFD. The difference in price is the profit or loss, minus any broker fees. Lime Fx offers competitive pricing with average spreads for popular currency pairs such as EUR/USD at 1.3 pips and GBP/USD at 1.8 pips.
- When calling the trading desk, the trader should specify at the outset the type of account they are trading with.
- MetaTrader 4’s reputation and reliability make it a sound choice for all traders.
- All CFD option is commission-free, which means costs are included in the spread.
- Trading signals are actionable trade ideas that may be readily applied to the open market.
- Lime Fx offers traders a few different accounts, with forex and CFD instruments (commodities, crypto and more), leverage, and a truly impressive variety of plugins and accompanying applications.
- 63% of retail investor accounts lose money when trading CFDs with this provider.
Swap-Free Account Fees
If there is a problem with our server, all open trades, stop orders, and trading histories are saved on our backup files. For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. Lime Fx is also a great option for beginners, due to its wide range of educational materials and easy-to-use platforms, including its latest integration with TradingView.
Lime Fx APPS
MotiveWave specializes in Elliot Wave, Fibonacci, Gann and Ratio analysis and also allows for systematic trading using Java. 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 Lime Fx Trading Station account with a $5,000 minimum balance is required. REST (Representational State Transfer) API is a web-based API using a Websocket connection that was developed with algorithmic trading in mind. Developers and investors can create custom trading applications, integrate into the platform, back test strategies and build robot trading. If you prefer to place orders by phone, Lime Fx offers a trading desk line that can be handy should you experience an interruption in your internet connection.
Platforms
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. For traders who appreciate advanced trading tools and quality market research, Lime Fx is a winner – especially for algorithmic trading. Though its range of tradeable markets is growing, it remains fairly narrow. Average spreads at Lime Fx are more favorable for active traders or clients residing in the EU, U.K., or Australia. Market analysis tools consist of the standard tools most brokers offer. This includes an economic calendar, live forex charts, and the latest market news.
- When trading, you will still need to meet initial margin requirements to open trading positions.
- With Lime Fx, you can get trading signals delivered daily to your mobile.
- We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points.
- The broker has continually invested in advanced technological solutions to help provide clients with good trading conditions.
- This is perhaps the most widely used trading platform by forex and CFD traders around the world.
- This easy-to-use charting package is designed for both technical and algorithmic traders.
Integrated into Lime Fx Desktop
QuantConnect not only provides a design-environment it also connects some of the most sophisticated algorithmic traders in the open-source community together. QuantConnect provides take care of the API integration so that you can focus on strategy development through the use of its back-tester, Jupyter notebooks and in-house research. The ForexConnect API offers the same functionality that is available on the powerful Lime Fx 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. ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry.
We offer many different platforms to suit your trading needs, but we’re particularly proud of our proprietary Trading Station. Some of the top traders use automated strategies to take the human element out of trading. With Trading Station Desktop, automated strategies are added with just a few clicks. To ensure that orders are placed in a timely manner, we encourage all clients who contact the trading desk to follow our phone trading etiquette. Please read the following example to ensure that you understand proper etiquette. This is a set of quality tools designed to assist you with your trading activities.
You can trade your opinion of the world’s largest markets with low spreads and enhanced execution. Lime Fx offers hundreds of trading instruments on its platforms, covering various asset classes. I think there is more than enough financial instruments to create a diversified portfolio, with something for everyone to trade regardless of your interests. Lime Fx provide CFD trading, which allows you to trade the price movements of currency, stock indices and commodities like gold and oil without buying the scammed by limefx underlying product.
Data safety
You can join the thousands of people who now trade in this hassle-free way with this broker. Browse from a range of proficient traders with proven trading record, find a Trader to match your risk appetite and simply Follow their strategy. You can check the performance of your portfolio and individual Traders inside ZuluTrade platform. Just keep in mind that there is no guarantee on how the trading signals will perform and historical performance is no reflection of what will happen in the scammed by limefx future. I actually prefer to maintain control over my own trading as I think this is the best way to learn from your mistakes and become a better trader.
The majority of clients will use their Standard Account, which is designed for retail traders’ high volume traders will prefer their Active Traders account to save on costs. The number of tradable assets available is quite limited when compared to other brokers who offer thousands of assets, such as IG. I also found them not to have the lowest spreads which may be an issue if you are scalping.