LimeFX news updates are also available on Facebook and Twitter social channels. Trader Pro accounts can be opened in all of the major currencies. Once downloaded, your existing MT4 account will be automatically synchronised from within the ETX Connect app. Simply log in as normal and find all your preferences and trades ready. Trade using new charting that has been specially tailored to enhance the mobile experience.

Overall our online LimeFX review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LimeFX or you find inaccurate details LimeFX broker review please get in touch with us and the changes will be applied. Clients can hold more than one account with the broker, for example one account for each trading platform we offer.

Some traders may be disappointed at the lack of account options at LimeFX, which has a single live commission-free account. Trading costs are average compared to other market maker brokers, with a minimum deposit of 100 USD and variable spreads averaging between 0.8 to 1.1 pips on the EUR/USD. Apart from share CFDs, LimeFX offers trading on 60+ Forex pairs, cryptocurrencies, indices, commodities, and bonds – excellent for traders who wish to diversify their trading strategy. The ETX Binary platform is for binary options traders obviously. I was unclear about the difference between the MT4 and the ETX Trader platform, so I asked customer support. They told me that they offer the additional options to trade bonds and obligations in this platform in their ETX Trader platform.

Execution Speed

Note that if your balance is below £10,000 at the beginning of the month, Premium Account services will no longer be offered to you. You have worked or currently working in the financial services sector for at least one year. To open a Professional Account on OvalX, you will need to first open a Standard Account, and then apply to customer support to have your account upgraded to a professional status. Like most brokers, LimeFX takes a fee from the spread, which is the difference between the buy and sell price of an instrument.

• It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective.
• Please ensure that you fully understand the risks involved before you engage in such transactions.
• The customer support and trading conditions are brought up as being quite an issue for a large number of traders, which is definitely something to think about.
• While card withdrawals on OvalX are processed instantly, it takes 24 hours to receive funds transferred via e-wallets and 2-5 business days to receive withdrawals made to bank accounts.
• However, they offer demo accounts for beginners to become familiar with the platform before they start trading with real money.

There is no scalping allowed when trading and there are varying types of minimum trade sizes depending on the type of account you choose. LimeFX’s educational materials are more comprehensive than other brokers, and it caters to both beginners and more advanced traders. LimeFX offers the MT4 Remastered and a number of trading tools integrated into the TraderPro platform as outlined above. MetaTrader4 is available on IOS, Android, and Windows mobile phones and tablets. The app will connect to the same account as the desktop software, allowing a synchronised and mobile trading experience.

Advanced Charting Tools

This is a clear statement of market inclusion to inexperienced retailers. If you have created a demo account, it is probably easier to continue with the MT4 platform, as the format is very similar. This platform is the most popular among traders worldwide, although you won’t have all the tools that ETX Trader Pro offers. In order to be able to carry out trading and currency operations on Forex, this British broker will allow you to use two platforms. In fact, the two accounts offered by LimeFX are based on the platform you prefer to use.

The delay during the opening of the live account made us lose about two weeks in the process. Their customer support is not terrible but they don´t offer a live-chat option, a must for a broker. The execution and spreads are only average and that makes scalping more difficult.

Accounts are all segregated and held in German or British banks, with funding grade scores. All these protections are solely given to purchasers who commerce FCA regulated merchandise. ETX has French interlocutors available to advise you and accompany you where others will leave you to fend for yourself.

ETX Connect App

For those looking for a broker to trade on the Forex market, LimeFX offers a number of very interesting services. It is a broker that has many tools for traders of all levels and really low spreads. Search by account type, minimum deposit, and maximum leverage in 2,000+ forex brokers. ETXCapital offers a wide variety of trading instruments from multiple financial markets, which gives the trader multiple options to trade and make profits. LimeFX offers commission-free pricing on all platforms when it comes to its forex pairs.

We traded with them for about a month with real funds in order to assess their service. LimeFX is a reputable online trading brokerage with head offices in London. With decades of experience and a choice of trading platforms, the broker offers trading in Forex, CFDs and Spread Betting. This review of LimeFX will examine all aspects of their offering, including trading fees, demo accounts and mobile apps, before finishing with a final verdict. Its proprietary TraderPro platform is undoubtedly one of the best in the industry, and the beginner education material on offer is world-class.

• You’ll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it’s best to put aside at least 10 minutes or so to complete the account opening process.
• Boosting research will go a long way toward improving an already impressive app.
• These include bank transfers, Debit cards, Credit cards, and other payment processing options such as Skrill.
• As a long-established, publicly-listed financial company with strict regulation and frequent industry recognition, we deem LimeFX a safe broker.
• For this reason, it has a lot of informative material and useful tools such as webinars, courses, tutorials and market analysis by experts.

It was in 1995 that they became authorized by the Financial Conduct https://limefx.club/ Authority the leading financial authority in the region.

This does not affect our impartial and independent review process. Non-professional client accounts are segregated and covered up to €50,000 in the event of the broker’s bankruptcy. We provide 24/7 local language support for our clients and partners, even when the market limefx forex brokers reviews is closed. Complaints on a forex broker or a forex scam should be posted here, BrokerView will deal with the case. Daily and weekly market analysis carried out by experts of the company. The client can make deposits and withdrawals by Bank Wire and credit cards .

Mobile Trading

The ETX TraderPro platform is just like the ETX Trader but designed for traders with larger accounts. Their MT4 platform is easy to use with one-click trading and trailing stops – it can be downloaded on mobile devices as well. In the past, we would remove a broker from our reviews list if we received some negative feedback from traders. In rare cases, we wouldn’t publish our opinion on brokers that were not worth mentioning. After taking a break from putting brokers up to the test, we are happy to rescind, choosing LimeFX (etxcapital.com) as our first review after the break! We opened a demo account about two months ago and then moved to a live account.

We also like that the broker offers such a wide selection of trading instruments, and we appreciate the fairly tight spreads it has on these instruments, particularly on the ETX Trader Pro platform. As far as customer service goes, LimeFX does have some advantages over other brokers, particularly if compared with many of the smaller offshore-based forex brokers out there. First and foremost, the broker has implemented a tiered system where clients who deposit more money can expect a higher level of personalized service than those who deposit smaller amounts. These tier levels start at deposits of EUR 250, before the next level starts at EUR 1,000. Lastly, a client can be designated as a high net worth client if he deposits EUR 10,000 or more with the broker, in which case “highly tailored personalised service” can be expected.

• The execution and spreads are only average and that makes scalping more difficult.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
• There is a very high degree of risk involved in trading securities.
• The TraderPro app allows you to manage your positions, react to market movements and place trades no matter where you are.

LimeFX does not allow Forex trading or trading of crypto currencies such as Bitcoins or Litecoins to US residents. Otherwise, you can check with customer service of the same broker to verify that you can trade safely. Below, you will find everything you need to know to trade on the Forex market.

I hereby agree to be contacted by FX Leaders’s featured broker for promotional purposes. I hereby agree to be contacted by FXLeaders’s featured broker for promotional purposes. OvalX is owned by a joint venture between a UK company JRJ Group and a Netherlands company BXR Group. The two companies acquired Monecor Limited group in 2007 and changed its trading name from TradIndex to LimeFX. After acquiring Oval Money, the new trading name is now OvalX. For professional clients, the likelihood of execution is the factor considered first.

With awards for Best Education 2018 , Best Forex Education 2018 , and Best Trading Education 2018 , newcomer traders will find the educational materials welcoming. LimeFX’s range of financial instruments for CFD trading , includes Forex, share CFDs, commodities, bonds, cryptocurrencies, and indices. LimeFX offers fewer trading tools than other international brokers. Additionally, LimeFX provides a comprehensive selection of video tutorials to help familiarise traders with the platform. Overall, Trader Pro provides traders with an excellent trading experience.

Overall, LimeFX’s trading costs are slightly lower than the industry average on the TraderPro platform but slightly higher than average on the MT4 platform. When making this calculation, we used one lot of EUR/USD as a benchmark as it is the most commonly traded currency pair and it usually has the tightest spread. Had successful careers as traders and senior managers at top financial institutions.

Finally, we’ve listed some of the popular funding methods that LimeFX offers its traders below. The commissions and spreads shown here are based on the LimeFX website’s minimum spreads. This trading feature helps to analyse price quotes and execute trading operations automatically, relieving you from routine trading and market analysis. We are responsible for the price feeds and the infrastructure behind the execution of trades on our MT4 platform. On average 94% of ETX trades on MT4 are executed in 30 milliseconds or less .