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. Since 1999, LimeFX, has been a pioneer in developing online forex offerings for retail traders. With its headquarters in London, Stratos Markets Limited (“LimeFX”) has grown to have multiple international offices and is licensed in several major regulatory hubs globally. The range of products available to you will depend on which global entity under the LimeFX Group houses your trading account.
What platforms does LimeFX offer?
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. At the beginning of the month (between 1st and 15th), limefx reviews a fee equal to 30 units of the base currency (3,000 JPY, 240 HKD) will be debited from any of your LimeFX Account(s) to cover the VPS cost for each subscription. Only Active Trader clients subject to tier pricing on spread costs receive a free VPS.
This simplified trading process makes the platform a great tool for beginner traders. 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. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.
Looking for Mobile?
66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. LimeFX provides multiple trading platforms, including MetaTrader 4, Trading Station, NinjaTrader, and ZuluTrade, catering to different trading styles and preferences. LimeFX offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message. If you wish to call LimeFX, there are 42 country-based numbers one can call from.
Our review of LimeFX found that the company offers a straightforward account structure, average spreads, a combination trading execution model, and a good selection of trading platforms. 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.
Trade with only $50
¹ At the beginning of the month (between 1st and 15th), a fee equal to 30 units of the base currency (3,000 JPY, 240 HKD) will be debited from any of your LimeFX Account(s) to cover the VPS cost for each subscription. 1 At the beginning of the month (between 1st and 15th), a fee equal to 30 units of the base currency (3,000 JPY, limefx forex broker 240 HKD) will be debited from any of your LimeFX Account(s) to cover the VPS cost for each subscription. Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com.
- MT4 Mobile and MT4 Web are platforms created and supported by MetaQuotes Software Corp.
- Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking.
- Zulu Trader has over 1 million users, making it one of the larger social trading communities available.
About Compare Forex Brokers
LimeFX is an excellent choice for algorithmic forex traders thanks to its wide array of related platform options that provide advanced charting tools and support automated trading strategies. Finally, some of LimeFX’s educational content is only available if your balance exceeds certain minimum thresholds. While minimum balance requirements could incentivize some traders to utilize the educational resources, I think it’s better to make the content free for all clients. Motivation can instead be inspired by creating interactive courses that feature quizzes and incorporate progress tracking.
Commission-based pricing is applicable to Active Trader account types. If you are a high-volume investor, then the Active Trader account may be for you. This account offers LimeFX’s lowest spreads with the added benefit of discounted commission, dedicated support, and depth of market.
