limefx Broker limefx Review

Electronic communication network accounts that might allow scalping also are not offered by limefx. Ádám worked in banking and investment, and holds a professional degree in this field. He is a motivated finance expert, having joined BrokerChooser in 2018. He’s also eager to help people find the best investment limefx broker reviews provider for them, and to make the investment sector as transparent as possible. In his spare time, he loves learning new things, especially data science, algo-trading, programming and trading. Its product range is limited to forex, CFDs and cryptos, and only limited research tools are available.

FX Corp’s international transfer service is available in 60 currencies for over 80 international/regional locations worldwide, with payments to most countries/regions taking 1-2 business days. There are two most common payment networks in the global payments arena, the SWIFT and the Automated Clearing House , with the former requiring a $60 transaction fee. limefx’s analysis materials are limited compared to other international brokers. Overall, the ETX MT4 Remastered is a great enhancement to the MT4 platform, but limefx would do well to add more trading tools to its trading arsenal. While MT4 has great customizability, the platform feels outdated, and some of the features may be hard to find.

Opening an Account

Apart from free demo accounts, there are two live trading accounts offered by STARTRADER, namely STP Account and ECN Account. Opening any class of account requires the minimum initial deposit amount of $50. There is the MetaTrader 4 and the own developed ETX Trader Pro. There is not so much difference between the MetaTrader 4 and the ETF Trader Pro. Both software come with multiple chart types, technical indicators, and customizable tools. limefx does not charge for deposits, but for withdrawals under 100 USD, or currency equivalent, a 10 USD administration fee will be charged.

Eight chart types allow traders to visualize price action in a manner that suits them best. limefx is best suited for manual traders who will use the proprietary ETX TraderPro, while algorithmic traders using MT4 should consider other options due to the high MT4 pricing here. limefx treats traders who opt for its ETX TraderPro with superior conditions and lower costs while placing MT4 traders at a disadvantage. I rank trading costs among the most defining aspects when evaluating a Forex broker, as they directly impact trading profitability. The FSCA became a primary destination amid a trusted regulatory environment, with a time zone equal to continental Europe and English as the primary language. The move by limefx displays a deep understanding of the requirements of its traders, and the FSCA license remains a strategic move to ensure it can expand its business.

Tradable Assets

In our test of OvalX’s phone support, agents were connected within a minute and provided relevant answers. We also liked the professional tone of the customer service team. These are good quality and cover assets ranging from forex to stocks. OvalX offers only MetaTrader 4 as a desktop trading platform.

limefx forex broker

This2022 Forex Broker Reviewhas been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on limefx FX broker performance https://limefx.name/ and features. There is a training program with mentoring session for limefx clients about strategies and market analysis. You can also find videos and webinars available to traders on the broker’s website.

US traders welcome at these brokers:

The fees on OvalX are moderate, and they do not charge dormant account fees. You may be unable to trade some of these instruments if you select the MT4 trading platform. Two new platforms were launched in March 2014, ETX Trader and a binary option service ETX Binary. Russian, Arabic, Turkish, Polish, Czech, Slovenian and Hungarian versions of the website became available that same year.

  • Existing clients are also provided with direct phone numbers to shorten waiting times.
  • There is a free demo account which is easily accessible and will allow you to practise trading.
  • Spreads widen or tighten depend on trade volume and market volatility.
  • A volume-based rebate program for the commission-based trading account, as the absence of it makes limefx less competitive.
  • limefx offers a full spread of features including Platforms, Markets, Trading, Education & Tools and an About Us section too.

On average 94% of ETX trades on MT4 are executed in 30 milliseconds or less . Make your TraderPro experience unique to you by saving, and navigating between, up to ten workspaces. Drag and drop charts and create personalised watchlists to focus on certain markets, time frames or positions. Our easy-to-use trade tickets make it simple to set stops and limits, enabling you to calculate your risk prior to execution.

See all scandinavian and emerging forex pairs.

Also, the intuitive and easy-to-navigate nature of the broker’s 2 supported trading platforms and its copy trading app gives the user an excellent trading experience. The MT4 remastered app, which allows for automation and access to a mini terminal, adds to the MT4 platform’s viability. There are many educational tools as well to enhance your trading experience. The fact that there is a free demo account means you can brush up on your skills before you trade with this particular broker. limefx reviews show that this broker provides reassuring customer support via live chat, email and a toll-free Universal International Freephone Number .

  • Deposits are free, and fees are only charged for withdrawals under certain circumstances.
  • Additionally, people complain that it constantly freezes and times out.
  • Visitors to etxcapital.com are now redirected to the broker’s new website, ovalx.com.
  • You will need to use the MT4 platform to use this social feature, however, because the feature is not available on ETX’s TraderPro platform.

Credit card, Debit card and Bank wire money transfer method is provided for deposit and withdraw of funds. This broker conducts an eight-hour training program that includes a monthly mentoring class where you can discuss trading strategies. In addition, there are educational videos on their site on multiple topics and subjects. However, the restriction is to get a bonus you need to invest a minimum of £/$/€1000. In fact, if you try to look up detailed and up-to-date information on limefx today, you might find that the broker has registered under a new name called OvalX. We are responsible for the price feeds and the infrastructure behind the execution of trades on our MT4 platform.

Looking for commission and fees data for OvalX?

limefx offers clients 2 excellent trading platforms, top-quality customer service and access to trading in various markets. New traders also can take advantage of the extensive educational features offered by the broker. To sum up, the pros are advanced trading tools, excellent customer support, and multiple platforms. The negatives are limited to lack of choice in trading accounts. limefx has been around for a long time and exudes reliability and integrity.

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