MetaTrader 4 Platform for Forex Trading and Technical Analysis

Each demo account imitates real trading conditions, the only difference is virtual money is used. Withdrawal times vary depending on the banking provider but range from the same day to 10 days. Payments typically take up to 24 hours, though wire transfers may take up to five business days. limefx broker reviews LimeFx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Signals and Market additional services extend MetaTrader 4 frontiers.

  1. LimeFx was set up in 2010 by a team of finance and software experts.
  2. Traders can deposit funds into their accounts via a wide range of payment methods, including traditional options such as bank wire and credit/debit cards.
  3. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available.
  4. The FCA has issued a license to 8Safe UK Limited, which operates LimeFx in the country.

CFDs on indices give traders exposure to the global markets and great opportunities to profit from some of the most popular indices in the US, UK, Germany, China, etc. Indices represent the collective value of underlying publicly-traded companies. LimeFx is the trade name of Notesco Limited, a company registered in Bermuda and headquartered in Cyprus. The broker is regulated in multiple jurisdictions, including Cyprus where it has a license from CySEC.

Commodity Futures is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with LimeFx please share your personal review of the broker and what you think are strong and weak points. If you have traded with LimeFx we would really like to know about your experience – please submit your own review. With that said, the brokerage does have plans to introduce MT5 in the future.

Thank you for visiting LimeFx

There’s also a decent range of 15+ indices via spot and futures contracts. Tempting trading conditionsHowever, my attention to LimeFx was captivated by its outstanding reputation with traders. The trading platform has been very convenient and easy to navigate. I also love how cost-effective this platform is, the broker has beginners in mind. Note that while users may be able to trade 24 hours a day, spreads are less competitive during periods of low liquidity. LimeFx also offers the Cent account with which clients can start with fewer funds and smaller lot sizes.

Funding with LimeFx

While credit card deposits are usually instant, transfers via bank wire may take up to 3 working days to appear in the trading account of the client. The other alternative is to use the Personal Multi Account Manager (PMAM) but it is available only to professional traders and money managers. The platform allows clients to manage unlimited accounts but as we have said, it is designed for professional traders only. The same subcategory also includes trading of spot energy commodities.

The mobile offering also comes with the LimeFx Research app which gives users an overview of the financial markets and major news events. Traders can choose between floating/fixed spread Standard, Premium, and VIP accounts. Alternatively, the Live Zero Fixed Spread account comes with zero spreads, but traders will have to pay a commission. The LimeFx trading platforms are designed to facilitate a practical, powerful and efficient trading experience.

LimeFx offers several types of live and demo accounts, which means that traders can test the various features and functions of the different accounts without investing real money. Once they try the demo versions of the accounts, they can register an actual trading account. There are several different types they can choose from – accounts are either Live or STP/ECN. LimeFx offers several trading platforms, available for PC, Mac, and mobile devices. The options include the popular MetaTrader 4 and the Personal Multi Account Manager but the broker does not have a proprietary software platform.