In the cTrader platform, traders can access all the information from the deal ticket by clicking on the “Information” button when placing a market order. We did notice that the commission for this broker is on the high side of the spectrum. LimeFX delivers well-rounded products and services ideal for demanding multi-asset traders. MT4 by LimeFX offers a set of additional features that significantly expand its target audience. You can add any third-party indicator, script, or even a trading bot.
What is the difference between LimeFX MT4 and MT5?
Difference between MT4 and MT5 (MT4 vs MT5)
The MT4 platform gives you a chance to open positions on all of the 6 asset classes, whereas the MT5 supports a much wider range of Shares, and cTrader doesn't support Shares, Futures or Cryptos. Note that MetaTrader5 is a 'netting' platform by default.
LimeFX Financial Services Ltd is regulated by Cyprus Securities and Exchange Commission (CySec) and Financial Sector Conduct Authority (FSCA). LimeFX Edge is a customizable trading platform offering tax-free investment products across six asset classes exclusively for the residents of the United Kingdom. On the plus side, opening an account is fast and takes place fully online and there are a lot of free deposit/withdrawal options. LimeFX has great customer service, with many languages supported. Among written materials, LimeFX offers basic online forex courses, with tests for self-evaluation. Besides that, there is a quite thorough guide to technical analysis available at Trading Central.
Research Tools and Insights
LimeFX cTrader platform is more suitable for tech-savvy traders than novices, who won’t even bother reading the manuals. It is the best option for traders who seek to improve their autotrading setup with more advanced technology, and those who seek excitement from coding better trading strategies. Those who have accumulated experience in other markets will also be able to navigate the platform easily. Although lots of other platforms with more advanced features come and go, MT4 is still the most recommended trading platform. Beginners are advised to start with Metatrader 4 to familiarize themselves with trading terms and market dynamics without bothering with advanced features they don’t need yet. The MT5 trading platform is also offered for those traders who have no existing MT4 trading applications but prefer to remain within the MetaQuotes offering.
Does LimeFX use MT4?
Choose one of the innovative trading platforms: MetaTrader4, MetaTrader5, cTrader or LimeFX Edge in desktop, browser, and mobile versions.
In this LimeFX review, we will discuss the salient features, pros, and cons, fees, & more to analyze if it is a better fit for different trading styles or not. They are committed to create a dynamic environment that equips traders with all the necessary tools for their trading experience. Opening an account in LimeFX grants access to more than 250 CFDs on 6 asset types, including forex, shares, spot indices, futures, spot metals, and spot energies. They want to provide their clients with access to top-tier liquidity and advanced trade execution with no dealing desk intervention.
Which Platform is the Best?
Other platforms are not so convenient, because you may have to log in to the client area through LimeFX website to do the same actions. The total number of trades in LimeFX has increased from year to year. Based on trust from their clients, LimeFX received awards as Most Trusted Forex Brand UK 2017 by Global Brands Magazine. Besides, they became the first broker to sponsor an F1 team in 2008. There are around 60 UK and International Awards which had been achieved by LimeFX.
You will surely be amazed by the variety of indicators and chart types available here, as they even have tick charts, renko charts, and range charts! CTrader also has its own coding language, C#, with which traders can limefx forex broker create their own indicators, scripts, and cBots. LimeFX MT4 users who want to step up their trading career can move to LimeFX MT5. Traders can offset MT4 limitations with shorter adaptation period by moving to MT5.
LimeFX Alternative Brokers & comparisons
They also offer advanced order-matching and execution technologies that are continuously upgraded. By picking this terminal, you will benefit from various analysis tools and stable tried and true software. One of the most important things traders need when they do Forex trading is a trading terminal.
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This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide https://limefx.biz/ on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering.
LimeFX Review – MetaTrader4
The desktop trading platform doesn’t offer two-step authentication. We also compared LimeFX’s fees with those of two similar brokers we selected, XM and ActivTrades. This selection is based on objective factors such as products offered, client profile, fee structure, etc. Beginners are recommended to start with the LimeFX Platform or Metatrader 4.
Does FTMO use MT4 or MT5?
We offer all our clients the best trading solution in the form of our MT4, MT5 and cTrader accounts powered by data feed directly from our pool of prime liquidity providers.