Overall, LimeFX’ customer support, with its responsiveness, accessibility, and supplementary resources, ensures a positive and well-rounded support experience for traders. LimeFX offers an extensive range of over 10,000 tradeable products across various asset classes including forex, cryptocurrencies, stocks, indices, ETFs, commodities, bonds, and metals. LimeFX enhances its trading environment with a suite of features and add-ons designed to support and enhance the trading strategies of its clients. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of limefx review our research team, and edited and published by an editor. Generative AI tools are not a part of our content creation or product testing processes. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information. 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. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that LimeFX offers better pricing overall for traders.
Best Forex Brokers in Italy for 2024
Obviously, IG has an extensive list of tradable CFDs, but that’s mainly because it offers more shares, ETFs, options and interest rates. Overall, both brokers are in good standing and comply with the most stringent regulatory frameworks. Regulators like FCA, ASIC and CySEC ensure a scammed by limefx fair trading environment for all retail traders. As trading with leverage is a high-risk strategy, a limited-risk account is available if you lack trading experience. This account requires you to use a guaranteed stop-loss order when you open a position. For a small premium, this type of risk management tool means IG guarantees your order will close at the limit you set and protect you against slippage and, therefore, unexpected losses.
LimeFX Fees
None support algorithmic trading, only available on the desktop versions of MT4/MT5 but included in the cTrader web-based platform. The asset selection for MT4/MT5 traders consists of more than 250 trading instruments, an adequate level of choice for most traders. Forex traders get 70+ currency pairs, and diversification opportunities exist via cryptocurrencies, commodities and metals, indices, equity CFDs (available through the MT5 trading platform), and bonds.
LimeFX User Experience
IG also offers third-party trading signals from Autochartist and PIA-First. Joey Shadeck is a Content Strategist and Research Analyst for ForexBrokers.com. He holds dual degrees in Finance and Marketing from Oakland University, and has been an active trader and investor for close to ten years. An industry veteran, Joey obtains and verifies data, conducts research, and analyzes and validates our content.
- It’s recognised for providing a variety of trading platforms, including MT4 and MT5, and for its swift execution speeds.
- The asset selection for MT4/MT5 traders consists of more than 250 trading instruments, an adequate level of choice for most traders.
- Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.
- Based on our thorough, data-driven testing of each broker’s commissions and fees, we found that LimeFX offers better pricing overall for traders.
- LimeFX provides traders with a wide selection of advanced trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, Mottai, Iress, TradingView, and the LimeFX trading app.
With a commitment to both novice and seasoned traders, LimeFX offers educational resources and customer service that enhance the trading experience. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
This is particularly important if you’re trading these major currency pairs frequently. Lower spreads mean lower trading costs, which can significantly add up over time. Mobile trading is widespread among millennial and GenZ traders, copy traders, and those from emerging and frontier Forex markets. The latest development of the in-house social trading service at LimeFX introduced it to the resurgence in demand from retail traders for this sub-sector of trading. Investing in social trading represents an intelligent management decision and shows a fluid broker seeking to offer the best services to clients. Cryptocurrency enthusiasts can delve into popular digital assets like Bitcoin, Ethereum, Ripple, and more.