LimeFX Review in 2024 Spreads & Fees Compared

The addition of the sophisticated NinjaTrader, APIs and specialist platforms make LimeFX a broker with multiple alternatives depending on individual trader requirements. QuantConnect provides a comprehensive IDE designed by algo traders for algo traders. Built on the Lean Algorithmic Trading Engine, an open source cloud-based trading platform designed in C#. 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. LimeFX’s mobile trading apps are recommended, offering robust features that ensure traders can manage their accounts and positions from anywhere.

Support

The referee must trade 200 or 500 contracts, respectively, within 90 days, making it a challenging low-payout bonus to receive. I recommend traders read and understand the terms and conditions before accepting incentives. Here is a screenshot of the LimeFX Trading Station platform during the London-New York overlap session, the most liquid one, where traders usually get the lowest spreads. Traders can access LimeFX on the go using either the mobile-optimized version of the proprietary Trading Station platform or the reliable MT4 application. Importantly, we did not encounter any technical issues upon testing. Founded in 1999, LimeFX has grown to become one of the leading providers of online trading services in the industry.

Education is also taken very seriously with daily webinars and an excellent selection of very well-written content. Powered by ZuluTrade, a leading social trading platforms, LimeFX gives you direct access to view and copy the trading strategies of others. 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 future.

LimeFX Alternative Brokers & Comparisons

New traders go through a quick three-step account application process at LimeFX, including account verification. Most traders will easily satisfy it by sending a copy of their ID and one proof of residency document, satisfying regulatory KYC/AML requirements. Automated trading solutions often require a VPS service to operate effectively around the clock. LimeFX offers two VPS solutions, charged at $30 or a currency equivalent per month. Traders who exceed $500K notional trading volume for three consecutive months will get the fee reimbursed.

LimeFX to deliver on the client’s requirement of fast order execution with no slippage, competitive pricing and no re-quotes. 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. 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. New traders may appreciate a standard style account, as no commissions mean a simpler cost structure.

Non-Trading Fees

We have over 20 years of experience when it comes to limefx official site trading online so we know what to look for. It gives the latest news and happenings in the economic activities of different nations. This can be a great way to get inspired about possible trade opportunities and to assist with making informed decisions. This easy-to-use charting package is designed for both technical and algorithmic traders.

1. I was impressed with the amount of free educational content that LimeFX has available.
2. LimeFX offers bank wires, credit/debit cards, Skrill, Neteller, UnionPay, and cryptocurrencies.
3. But do you think they could sort it out, not a chance, in the end I asked for a new account but am considering not bothering at all them.
4. The LimeFX Python package is offered exclusively for the REST API and consists of CFD Python wrappers to simplify algorithmic trading solutions.
5. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

FOREX.com, registered with the Commodity Futures Trading Commission (CFTC), lets you trade a wide range of forex markets with low pricing and fast, quality execution on every trade. If you want scammed by limefx to start practicing without making a deposit, you can open up a free demo account. This lets you assess the broker’s research and educational resources and practice trading.

What is the maximum leverage offered by LimeFX?

For these reasons, I rate Trading Station highly among the dozens of proprietary platforms I have tested. These amounts are the absolute maximum leverage on offer, but they may vary according to the asset traded, with more volatile assets generally providing lower amounts of leverage. This includes debit and credit cards, bank wire transfer, PayPal, Google and Apple Pay, Open Banking, Skrill, Neteller and Rapid Transfer. This represents a good selection of payment options and the absence of a crypto deposit option is the only minor complaint I have. Overnight costs are also applied for positions held after 10 pm GMT, but this is industry standard. While not a deal breaker, there is an inactivity fee charged to dormant accounts after 12 months of inactivity.