The broker’s well-rounded selection of lower-risk securities alongside higher-risk/high-yield assets makes it a fitting choice for diverse trading strategies, including hedging and scalping. If you prefer a fixed spread for your trading strategy then you could consider a no commission account. These tend to have higher marked up spreads but you do not pay a commission on trades. It is actually quite rare to find a broker that has fixed spread account which is often a choice for traders who are running scalping strategies that need consistent spreads at all times. Many years of experience within the trading industry has made LimeFX experts at delivering flexible, bespoke and multifaceted trading platforms.
LimeFX Main Features
Also, the broker charges a sizeable 3% of deposited funds when withdrawals are requested during periods of inactivity. Maybe LimeFX doesn’t offer a mobile experience you are happy with or match your needs. There are several LimeFX alternatives that offer great mobile trading applications for both Android and iOS. When choosing a LimeFX alternative brokerage, check if it is compatible with your Windows OS. Running an old version of Windows might create problems in loading up your broker site. For your windows trading platform to function at its best, ensure your Windows operating system has the latest updates installed.
LimeFX Alternatives with More Users
In the example below, you can see the net mentions of Tesla compared to the industry for the last 24 hours. The more interactions there are, the likelier it is that volatility on the instrument in question will increase in the near future. Each idea underscores a currently unfolding trading setup – a bullish or bearish pattern, such as the ‘Engulfing Line (Bullish)’ shown below. What I found particularly useful is that it states for how long the idea can be applied before the underlying opportunity expires.
- If you would like to see how LimeFX stands up against other brokers you can read some of our LimeFX comparisons below.
- The method you used for depositing funds is also generally the same one used for withdrawals of profits and any remaining account balance.
- Nine spot commodities markets are offered, consisting of fuels and precious metals such as gold, palladium and Brent crude oil.
Check What Bonuses Your LimeFX Alternative Is Offering
The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Automated trading is possible via MetaTrader’s Expert Advisors (EAs) feature. LimeFX provides Virtual Private Server (VPS) hosting to ensure better connection and faster execution for algo trading. Social limefx forex broker trading is also available via LimeFX’s ‘AutoTrade’ feature, allowing clients of the broker to choose the best-performing trading strategies.
Check your LimeFX Alternative Offers Deposit And Withdrawal Methods You Want
A solid educational section and excellent customer service are two additional crucial features of any broker that can help you get along with what may be your first Forex broker. Share dealing fees include the likes of ETFs and investment trusts are are charged made for each buy or sell transaction that one places with a broker. This can include the contributions made through a regular savings plan and dividend reinvestments too, and are be deducted from the amount one has invested made via a sale.
It is very user friendly with an abundance of implemented trading tools for efficient markets analysis and trade management. MT4 has a short learning curve whilst there are plenty of online tutorials that can help to familiarise new users to the platform. Our UK team takes a methodical approach to reviewing online brokers. As well as evaluating a broker’s product portfolio, fee structure and trading tools, we consider the availability of GBP-denominated accounts, the presence of UK-based customer support, and FCA authorisation.
You can use the filters of the calendar to search for events depending on their expected market impact. Also, withdrawals from accounts on which there have been no executed trades are liable for a 20% transaction fee charged by LimeFX. Contracts limefx official site for difference (CFDs) are derivatives used to speculate on the price of the underlying without physical delivery.