LimeFx can be compensated in several ways, which includes but are not limited to adding a mark-up to the spreads it receives from its liquidity providers, adding a mark-up to rollover, etc. On the negative side, which we think are not so many, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis. Also, the broker might not be suitable for futures and options traders due to the lack of these assets. LimeFx is an online trading provider of Forex and CFDs trading of Stocks, Commodities, Indices, Cryptocurrencies, and spread betting (available for UK and Ireland residents only).
- All information on 55brokers.com is only published for general information purposes.
- The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
- See below the average spread costs on CFDs, and other fees like funding fees, yet for the most accurate data check the official website or LimeFx platform.
- The LimeFx Standard Account has a minimum requirement of $50 (depending on payment method) when making an account deposit.
- Experienced Australian forex traders that require a very specific niche forex platform should consider LimeFx.
- If you are a high-volume investor, then the Active Trader account may be for you.
After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Most deposit methods take up to 1 business day to complete however bank wire can take 1-5 working days. If you prefer to place orders by phone, LimeFx offers a trading desk line that can be handy should you experience an interruption in your internet connection.
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This includes an economic calendar, live forex charts, and the latest market news. Additional trading tools are available such as a market scanner and market data signal however to get to the really useful information such as trading signals, technical analyser and trading analytics requires a sign-up with LimeFx. Overall, due to the strong background of the broker, years of successful operation, and reputation in the financial world our financial experts find LimeFx broker a reliable and safe trading environment. Active or high-volume traders can enjoy their benefits with various available interfaces, good and competitive value spreads, or offerings with advanced technical features. Beyond core platforms, the broker offers integration to LimeFx’s acclaimed execution of specialty LimeFx Apps offering an online marketplace where you can customize the trading experience. And to include an additional application for news, trends, and range traders, apps for new trading features and smooth trading process, EAs and automation, indicators, scripts, Standalone apps, and many more.
An Interest-free account is targeted at Islamic traders who are forbidden from earning (or paying interest) as it is forbidden by Sharia law. LimeFx add an extra 0.4 pips to the spread for Standard accounts and a $2.00 commission per lot (per side for commission-based accounts in place of overnight fee or swap rates. We strongly recommend LimeFx broker for both beginner and professional traders. Seeing that the broker has suitable and favorable offers for both trader categories, all clients can benefit by signing with LimeFx. LimeFx offers 24/5 award-winning customer services with customer support contactable via live chat, email, phone and even SMS text message.
- You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer.
- This account is a commission-free account, which means the trading costs are included in the spreads.
- When comparing the spreads to other brokers, FXTM at first glance appears to have only average spreads.
- It is also a great option for active traders who benefit from an abundance of technical analysis tools, including over 150 analytical tools and a wealth of customisable charts and drawing tools.
- For the globally presented offices, each of them as a branch of Forex Capital Markets Limited follows the country’s financial authority and is licensed accordingly.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Please note that due to FCA regulation, UK retail traders are not able to trade cryptocurrencies with UK brokers. If you want access to crypto markets, you will need to sign up for an LimeFx subsidiary outside of the United Kingdom.
ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals. Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating.
Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. All CFD option is commission-free, which means costs are included in the spread. LimeFx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. Free research, insights, and strategies outlook, along with greatly designed LimeFx tools with LimeFx Plus, Market Scanner, and Trading signals with technical levels all at your disposal.
LimeFx Slippage And Execution Speed
Limited is regulated by the ASIC, LimeFx Germany is partially regulated by BaFin, and LimeFx Italy is subject to the control of CONSOB and FSCA (Check out the FSCA Regulated Infinox Capital Review) authorization in South Africa.
LimeFx Related stocks
Our LimeFx review concluded that LimeFx has a simple but helpful account type structure, average spreads, a hybrid trading execution model and a good range of trading platforms. Beginner traders can count on company tool support while building their own strong trading strategy. Indeed, beginning traders face numerous challenges, yet time and even capital loss due to emotion-based trading are the main barriers to success. Based on our https://limefx.biz/ research, we found that LimeFx supports the functionality of Autotrading through market-leading ZuluTrade and NinjaTrader platforms delivering best practices for social trading helping beginners to hone their skills. The range of products available to you will depend on the entity of your trading account. Cryptocurrency trading is available at LimeFx through CFDs, but not available through exchange trading the underlying asset.
These stats show that LimeFx completes your orders with no slippage more than 60% of the time. 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. Other account types available include an Interest-free account, which is designed for Islamic traders who can’t pay swaps. The LimeFx LTD is headquartered and regulated in the UK by the Financial Conduct Authority.
LimeFx’s Transparency and Trust Level
Besides all the benefits provided by this broker, we noticed that the range of instruments offered might be not enough for some traders, also the availability of certain assets depends on the entity. The broker claims to offer some of the tightest spreads on the market when it comes to trading BITCOIN. LimeFx is especially proud of their own Trading Station II (not to be confused with another platform TradeStation). It was built based on the feedback from LimeFx traders and trading data accrued from over 10 years to meet the needs of their clients.
Overall LimeFx Ranking
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Plus, LimeFx info will be updated daily in your free Zacks.com Portfolio Tracker. Highlights important summary options limefx forex broker statistics to provide a forward looking indication of investors’ sentiment. While there is a wealth of material for forex, education is lacking when it comes to CFD education. An LimeFx dealing desk determines the best execution means which can result in LimeFx acting as a market maker or using a dealing desk.
Web Platform
An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
The company headquarters are in London, UK where they’re regulated by both The Financial Conduct Authority (FCA) as well as many other strict regulatory authorities around the world including Australia (ASIC) and South Africa (FSCA). When making a deposit into your account with a credit card or debit card (Visa or MasterCard) there is a minimum of $50 per deposit and a limit of $30,000 per month for all LimeFx clients. LimeFx has a knowledge section that consists of research or market analysis tools and education. 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.
Transparency gives their clients a level of assurance and trust that the broker is meeting the client’s expectations when it comes to trading. LimeFx to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing money.