LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this limefx company reviews block including submitting a certain word or phrase, a SQL command or malformed data. This will depend on the startup broker’s own needs and objectives as both white labelling and co-branding have their advantages and disadvantages that start-ups must consider.

All that said, LimeFx do have the most popular traded pairs which is all most traders will need. All-in-all, there is a good reason why in our mind MT4 is far and away the most popular trading platform for retail forex traders. If you want a program that has the fundamental features you need to trade without superfluous features that some competing platforms tend to have, then MT4 is an excellent choice.

So I was able to start trading almost immediately.I think that all this is because system that this broker has built allows all services to work well. At LimeFx, we offer multiple account types to suit the specific requirements of different traders. Whatever your trading strategy, level of funding or appetite for risk, there is an account to match your needs. There is a reason why the foreign exchange https://limefx.name/ or forex is the largest financial market in the world; it empowers everyone to seize trading opportunities on currency fluctuations. Go short or long on Forex CFDs, take advantage of the superior trading conditions offered by LimeFx and become an active forex trader in the global markets. Interactive Brokers provides traders 90 currency pairs (e.g., EUR/USD) compared to LimeFx’s 47 available pairs.

Best Bitcoin Forex Brokers

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Regarding other recent updates to its offerings, LimeFx unveiled Kate, a virtual assistant capable of communicating in 120 different languages this year. Regarding
other recent updates to its offerings, LimeFx unveiled Kate, a virtual assistant
capable of communicating in 120 different languages this year. But, as a side note, no matter how great a broker’s research team is, you should always be formulating your own trades and strategies using techniques that you’ve backtested and have found to be profitable for you. There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes.

  • Gain Capital is a well-established firm that has more than 18 years of experience in enabling businesses that have complementary product portfolios to expand and grow their offering.
  • More significantly, it allowed South African and Kenyan investors to follow signal providers and strategies beyond their countries (regardless of regulation).
  • After I got acquainted with the account types selection, I came to the conclsion that Pro account is the best choice for everybody.
  • Whatever your trading strategy, level of funding or appetite for risk, there is an account to match your needs.

Overall, trading Forex can offer numerous opportunities for profit, but it also carries a high level of risk of loss. Therefore, it’s important to approach Forex trading with a sound trading plan and a disciplined approach to risk management. At LimeFx, you can access a wide variety of educational resources to help you improve your trading skills. Instead, the new start-up broker pays a monthly fee for the white label service provision along with a small set-up fee for the installation and configuration.

App support

Designed from the ground up to suit the needs of all traders, from beginners to advanced, these are the best trading accounts in the industry. “At LimeFx, we pride ourselves on being the center of technological innovation, comprehensive education, and optimal trading conditions for our discerning clients,” the spokesperson added. Smart Broker Solutions is an all-encompassing White Label solution provider that offers a wide range of features and advantages, including a MetaTrader 4 and MetaTrader 5 White Label License. New brokerages that choose white label packages receive a key to a comprehensive and feasible business solution for a monthly/annual fee. With white label solutions, brokers pay monthly or annual subscriptions which are a fraction of the cost of licenses.

LimeFx is really a great broker

If you are interested in trading CFDs, Interactive Brokers offers traders access to 8500 CFDs, while LimeFx offers access to 3500 CFDs; so Interactive Brokers offers 5000 more CFDs than LimeFx. 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.

MetaTrader5 (MT5) like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with. Given MT5 is an updated version of MetaTrader4, with more advanced features and is still receiving new development and support from Metaquotes, we tend to recommend this platform to most traders. 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. When you deposit into an LimeFx account, for most accounts, you can choose to keep your funds in either USD or EUR, but there are options for traders from South Africa, the UK, and UAE to use their local currencies. In the sample below, we can see that LimeFx isn’t the best choice for spread-only trading given most other brokers perform better. Using in-house data collection at CompareForexBrokers, we were able to get an insight into the size of the spreads offered by LimeFx.

What we say about LimeFx

According to information shared by the broker, the interface will allow users to follow more experienced investors and automate the process of copying their positions. “With the roll-out of our ‘Copy Trading Pro Account’, we are catalyzing a paradigm shift in our clients’ trading methodologies,” an LimeFx spokesperson explained. The LimeFx’s
website states that copy trading services are conducted through HFcopy. The Pro Account
complements the existing tool, giving strategy providers new possibilities. According
to information shared by the broker, the interface will allow users to follow
more experienced investors and automate the process of copying their positions.

Axi is a reputable, well-regulated, and large brokerage that offers white labelling to other financial start-ups. With Axi, companies can leverage the industry-leading, out-of-the-box solutions which allow companies to provide forex and CFD trading platforms to their clients quickly and easily. 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. We also take an in-depth look at each broker’s commissions and fees, such as bid/ask spreads – including the average spread data for some of the most popular forex currency pairs.

All that’s left to do is load our chosen trading platform, and make a deposit. While some other brokers offer even more markets to trade, we think LimeFx has a good range of products overall. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5. MT4 shares are derived from NYSE, NASDAQ and EURONEXT exchanges while MT5 also include stocks from exchanges in Spain, The UK, Germany, Ireland and the Netherlands. MT5 has more shares since it is designed to enable trading via decentralised exchanges.

Just know that it is not the best option for stock trading, for this, you are better to use its more powerful successor MetaTrader 5. Demo accounts are a great way for a new trader to experience trading the markets without having to risk any capital. They can also be great for more experienced traders to try out new strategies. Overall we like LimeFx’s offering since they have all the essential features one needs to trade successfully. However, we feel there are other brokers out there that have more variety in their offerings and lower spreads as well.

You’ll need to show your country of residence, as certain countries are only allowed certain accounts. Opening an account with LimeFxarkets is a very straightforward, streamlined process. But, when it comes to developing trading skills that are going to mean the difference between profits and losses on your account, LimeFx isn’t going to help you get there.