A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. LimeFX market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available
on the current market. LimeFX market orders are popular as they are a fast and reliable method of either entering or exiting a trade. The LimeFX user interface (UI) is what LimeFX traders will see and interact with first when trading with the LimeFX trading platform.
If you are new to trading, I feel MT4 could be a good choice due to its simplicity. For those of you who want more complex functionality, you may edge more towards cTrader. The brokers proprietary platform is also a very good option but you would need to learn another platform from scratch if you decide to switch brokers down the line.
Services Offered
It offers 12000+ trading instruments with a trust score of 94 out of 100. You should note that not all accounts include the “privilege” to access all the platforms. The worst thing is that some accounts cut mobile and web traders, significantly stifling trader experience. Similarly here, Claws & Horns provide most of the educational material, as well as video content, helping create a superior experience.
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The company is regulated by the Financial Commission, which ensures that its customers are protected from fraudulent schemes. As one of the largest online brokerage https://limefx.club/ companies, LimeFX offers a wide variety of trading platforms. Its platforms are available in over 20 markets and offers leverage up to one to twenty.
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However, things hold up much worse when you look at the realistic situation. The website is slow, cluttered, and clunky, with information being difficult to find. On top of that, the broker has accumulated some reputation issues over the years.
LimeFX established itself with automated solutions at the core, but the partnership with Claws & Horns is solid. LimeFX offers MT4 and MT5, cTrader, and its proprietary R Trader platforms. It is refreshing to see a huge effort being made to provide the proper trading environment for different trader mentalities and strategies.
LimeFX Deposit Fees and Deposit Methods
Apart from the three platforms we just went through, LimeFX offers R Trader, which gives access to a complete selection of assets. The other three platforms offer a limited selection of assets, especially stocks. There are over 9,400 assets available with LimeFX through its R Trader platform, but the MT4/MT5 platforms offer just 50 of the most popular stock CFDs. The range of index CFDs offered is lacking but you will get all the standard instruments. Forex Admin Team is a dedicated group of financial professionals who are passionate about helping traders and investors grow their portfolios.
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I also like how it supports backtesting multiple instruments at the same time on tick data. Either way, both MetaTrader platforms are a popular choice for many traders and it is easy to see why. I found them to be perfect for analysing charts, placing and managing trades without any hassle. The fees charged will be based on the account type chosen and the options, as well as the spread list, minimum deposit required, commissions, and leverage. If you’re unsure about exactly what to look for in fees, it’s best to read our guide on commissions and spreads. LimeFX generates revenue through the spreads and commissions it charges on its range of more than 9,400 assets.
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But one of the most interesting tabs of the program is the strategies. When passing to them, the trader is immediately offered 4 simple strategies for trading with their detailed description, as well as the opportunity to add your own strategy here. The interface of the start page of the program begins with three blocks, in the first of which the client can see two charts of various trading instruments.
As our review of LimeFX FX broker shows, there are more than 12,000 trading instruments available for traders. No matter what you are looking for in limefx review Forex trading, you are most likely to find it at this Forex broker. It also comprises materials curated by third-party provider, Claws and Horns.