Not every account or every country is offered the same bonus (or offered one at all), so it’s important to read the terms & conditions if you’re considering taking up a bonus offer. If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S. 23 indices and 34 ETFs covering US, European and Japanese markets are available. LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. EBENE, Mauritius, April 9, 2024 /PRNewswire/ — Exciting news from LimeFx today.
- LimeFx offers traders commission-free Forex trading with higher spreads, a highly competitive commission-based alternative.
- Equity CFD commissions of 0.10% and trading costs on commodities, indices, ETFs, and bonds remain equally competitive.
- It’s important to pick an account type that matches your trading experience and strategy, so make sure to read the above section on account types.
- All that said, LimeFx do have the most popular traded pairs which is all most traders will need.
Equity CFD commissions of 0.10% and trading costs on commodities, indices, ETFs, and bonds remain equally competitive. The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Forex traders also appreciate the ability to engage in social copy trading. The three most attractive tools offered to traders are thePremium Trader Tools, the Autochartist tool, and VPS Hosting.
LimeFx has added the new and updated version of MT5 boastsstate-of-the-art features including options for hedging, while MT4 is slightlyless advanced and more suited to traders who are new to the markets. The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks. With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform.
Forex Risk Disclaimer
As a trusted and secure Forex brokers LimeFx has its hard-earned and well-deserved reputation to uphold. All client deposits remain segregated from corporate funds, and LimeFx provides negative balance protection to all traders. Trading with a regulated broker will limit the potential for fraud and malpractice. I always recommend traders check regulation and verify it with the regulator by checking the provided license with their database. In our analysis of 23 international regulators across 62 of the best forex brokers, FOREX.com is considered Highly Trusted, with an overall Trust Score of 99 out of 99. HotForex is considered Trusted, with an overall Trust Score of 86 out of 99.
LimeFx vs TopFX Comparison
This type of account is certainly for more advanced traders, and if you’re just getting started in the markets, could be a good thing to strive for in the future. In the sample below, we can see that LimeFx isn’t the best choice for spread-only trading given most other brokers perform better. LimeFx has the usual range of CFD trading instruments limefx review such as Forex, cryptos, commodities, stocks and indices. Perhaps most interesting was the ability to purchase the physical stocks (i.e. the underlying instrument) but this feature is not available for UK and South African clients. Other good features we think are worth noting include being regulated in 6 different countries or regions.
Is FOREX.com or LimeFx safer for forex and CFDs trading?
For example, the GBP/USD pair has a spread of 1.9 for LimeFx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31. We collected data from the websites of 50 different brokers so we think this sample size provides a fair base to calculate industry averages.
Is LimeFx safe?
Features MT5 offers over MT4 include the ability to trade stocks, more order types (6 vs 4), additional technical indicators (38 vs 30) and analytic tools (44 vs 23). You will also find 21 timeframes vs 9, a Depth of market indicator and even https://limefx.name/ 64-bit (vs 32-bit)processing which makes MT5 a superior option for backtesting. MetaTrader4 (MT4) is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with.