PC & Phones

In addition to the company’s international regulation, it practices segregation of client funds. This ensures the safety of client funds on the off chance that something should happen to FXTM. Thus, emphasizing the protection and security of clients and limefx scammers their investments plus client fund safety. As mentioned before, more than 90 percent of the feedback from clients regarding LimeFX is positive. This is a very strong indicator that the company has great customer service and client satisfaction.

• This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices.
• The account types differ according to the countries they are available in, the pricing, the minimum deposit, the available trading platform, and the products you can trade with.
• It also protects customers during any transactions they conduct with the company and ensures all customer information remains private.
• The FXTM web trading platform spread starts at 0 pips on forex currency pairs such as GBPUSD and EURUSD.
• FXTM does not have their own propriety trading platform, instead choosing to provide MetaTrader 4 & 5 as options.
• We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.

We value transparency and openness in the way we review the partners. To bring transparency to the forefront, we have published our review process. Central to that process is the evaluation of the broker’s reliability, the broker’s platform offering, and the trading conditions offered to clients, which are summarised in this review. FXTM also has its own trading app that integrates well with MT4, but we were disappointed that it does not support MT5 or investment accounts. Like other well-regulated brokers, FXTM does not allow funding to or from third parties. No matter your deposit method, the withdrawal of all profits must be made by bank transfer to a bank account in your name.

MetaTrader 5

FXTM offers metals as well, on the other hand ETF CFDs and bond CFDs are not available. Similarly to the web trading platform, FXTM provides only a one-step login. If you are a non-EU client, you can also trade commission free with real stocks from the NYSE and NASDAQ stock exchanges. These catch-all benchmark fees include spreads, commissions and financing costs for all brokers.

• You also get your own account manager who is on hand to assist and offer personalised support.
• Daily Market Analysis is FXTM’s very own news portal that offers detailed market analysis and insights to keep you in the loop with the latest market happenings.
• LimeFX is also home to a five-level loyalty program, which rewards loyal traders with bonus offers, cash back, and many other benefits.
• FXTM has a wide variety of deposit and withdrawal methods for British traders, but we were disappointed that its charges high withdrawal fees.
• FXTM have created a collection of educational articles and tutorials to help expand your trading knowledge and confidence.

In terms of MetaTrader 5, clients get access to Level II data and all execution modes. They also get an extensive range of order types and trading signals with MQL5. The NDD technology mentioned lets LimeFX work with various liquidity providers. That gives the clients the best possible prices for both bid and ask. It also provides the ability to deliver those previously mentioned instant trades.

Alternative Brokers

With the FXTM platform, algo-trading, hedging, and scalping are possible. The trading platform also provides access to proprietary and free VPS systems via the regulated broker if the traders meet certain criteria. Professional traders can also access negative balance protection and use segregated retail investor accounts that keep their funds safe on the platform. FXTM offer multiple account types and flexible leverage to suit all different types of trader. I found the spreads to be very low, starting from just 0.1 pips with deep interbank liquidity to ensure fast trade execution speeds and No Dealing Desk (NDD) technology to avoid a conflict of interest.

They analyse price movements based and technical and fundamental analysis across a range of global markets. The Market Analysis team are regularly quoted in major international publications, including BBC, CNN, CNBC, Bloomberg, The Wall Street Journal, Financial Times, Reuters and Forbes. I found these to be really insightful and they helped me become aware of some market event that I may have otherwise overlooked. We found that FXTM offers the standard version of MT4 plus six add-ons, transforming MT4 into a state-of-the-art trading platform. Most brokers only provide the out-of-the-box version, which does not provide all the necessary functionality.

Register & Open a Demo Account

These apps can be downloaded for free from Google PlayStore or Apple App Store. Through the ECN zero account, FXTM offers ask and bid prices directly from liquidity providers (LPs) although they do add a mark-up to the spread, the account is not charged a commission. This account has market execution with no re-quotes and spreads starting from 1.5 pips.

Irrespective of the experience level of the traders, there is something for everyone at FXTM. A lucrative deposit bonus of 30% is offered to traders who make a minimum deposit of $100. The maximum bonus that can be claimed from this offer is $150, which is automatically credited to the account.

Knowledge Hub/Build Your Trading Skills

To open an account at FXTM, you need to first fill up the registration form and submit it with all the required documentations needed for account verification. Processing of withdrawals with the above mentioned methods takes from https://limefx.group/ one business day to two business day. Over the past several years since FXTM first became operational, it has bagged several awards that acknowledges the high quality services that the broker is contributing to the industry.