HF Markets Platforms Forex Broker

After downloading LimeFx MT4, you’ll automatically gain access to Autochartist. This powerful pattern recognition tool continually scans the markets, aiming to identify trading opportunities using support and resistance levels. Working tirelessly, Autochartist swiftly notifies users about new trading prospects.

Copy Trading from LimeFx

Via the Standard Account, the spreads at LimeFx could be more competitive. However, I also tested the ECN Account and recorded spreads of 0.4 pips in EUR/USD and 3.4 pips in spot gold. A commission of $2.5 per lot per side is added for all instruments. Spreads and swap fees are clearly detailed in the Trading Instruments section of the website.

Similar apps

MetaTrader 4 (MT4) is suitable for traders of all levels as it offers a user-friendly interface, advanced charting tools, and a range of customization options. It also supports automated trading through the use of Expert Advisors (EAs) and allows for easy integration with a wide range of third-party indicators and tools. A trading platform is a software that allows traders to place trades in the international financial markets and monitor their accounts with financial intermediaries.

The world’s most popular instruments at your fingertips

1. By continuing to browse this website, you agree to our Cookie policy.
2. In our tests for the Trust category, we also evaluate factors relating to stability and transparency.
3. The mobile app offers many of the same features as the desktop version, including real-time quotes, advanced charting, and automated trading using EAs.

The LimeFx web platform includes popular features like one-click trading, trading from the chart, and watchlists. In my experience, placing trades and managing open positions and pending orders from this platform is smooth and easy. MetaTrader 4 supports automated trading through the use of Expert Advisors (EAs) and custom indicators, which can be written in MQL4, a programming language. EAs and custom indicators allow traders to automate their trading strategies, test them using backtesting, and execute them in a fully automated manner on the platform.

Competitive trading conditions are available via the ECN account type, allowing active traders to keep costs to a minimum. Based offshore, LimeFx offers the advantages of high leverage, a wide range of deposit and withdrawal methods, and an easy sign-up process. However, this comes with the risks of a lightly regulated broker.

Head of Analytics Tim Deev does a good job of explaining key economic data and major support and resistance levels. LimeFx provides a steady flow of market-moving stories via the FXStreet Newswire published on the website. Reports are focused mainly on major economic releases but also include data on key price levels from respected limefx website sources such as SocGen. LimeFx offers a swap-free Islamic account that adheres to the principles of Sharia law. LimeFx does not charge any account maintenance fees or inactivity fees. LimeFx has a long operating history of 16 years, placing it among the older forex and CFD brokers that give a positive signal.

You can find EAs under the “Navigator” tab in the upper-left corner of the screen. When you download MT4 from LimeFx, the MACD and Moving Average EAs are already installed. In addition, these tools allow you to understand https://limefx.biz/ the Elliott Wave theory better and identify support and resistance levels. Apart from the provided plugins and indicators, you can also acquire additional plugins, and if you’re tech-savvy, you can even create your own.

To close counter positions for a particular instrument, press “Multiple Close By” button. An opposite position in relation to the given position is a counter position for the same instrument. If there is one or more counter positions among open positions, the selected position can be closed by the counter one. In this tab, one can close a position by a counter position for all or selected accounts.

Each MetaTrader 4 indicator and plugin has a distinct purpose, working together to create a cohesive toolkit that helps you execute optimal trading strategies. The opportunities in the Forex market are unlimited and available to everyone. Achieving your goals requires smart money management and skillful trading decisions. LimeFx has an active YouTube channel, providing video analysis to complement its written market commentary. The Analytics in 3 Minutes series focuses on the US dollar and covers major market themes such as central bank policy.

They allow you to identify market trends and reversal points, as well as track historical highs and lows of a selected instrument. These indicators enhance your trading experience by offering valuable insights into your trading activities. MetaTrader 4 and MetaTrader 5 are leading platforms for trading in the global Forex market. While both platforms are useful for experienced traders and beginners, the differences between them can significantly affect your choice.

LimeFx could improve by offering private account insurance from Lloyds of London and cutting their withdrawal fees. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop. To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features.