The biggest advantage that MT5 possesses over its predecessor is its flexibility to offer an extended number of instruments from various asset classes with different settings, all tradable from the same interface and the same trading account. The online trading platform MetaTrader 5, or commonly known as MT5, is the successor of the well-known MetaTrader 4 (MT4). It was developed by MetaQuotes Software Corp., and initially released in 2010 as a beta version. Over the years, MetaQuotes had invested in continuous development, testing and improvements, which made MT5 today as the next generation of trading platforms with extended possibilities.

1. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
2. As an essential part of their comprehensive educational program, LimeFx Group offer free webinars presented by highly skilled forex professionals who joined forces to provide free interactive webinars available for traders around the globe.
3. Over the years, MetaQuotes had invested in continuous development, testing and improvements, which made MT5 today as the next generation of trading platforms with extended possibilities.
4. However, for the LimeFx Zero Spread account, there is a $100 minimum deposit.
5. This category includes the most traded currency pairs and they always include the USD on one side.

However, keep in mind that different regulators have different levels of protection. I consider regulators such as the FCA and ASIC to be top-tier when compared to other regulators such as those located offshore. Please note that forex (or currency) trading is available on all LimeFx Platforms. If you are already an LimeFx client with an MT5 account, you can open an additional MT4 account from the Members Area without having to re-submit your verification documents.

Brokers that are offering stock CFDs are now also pushing clients on to MT5 (an upgrade on MT4) as stocks are not available on MT4. Beginner traders who have done even minimal shopping around for brokers will by now have realised that the MT4 platform is available everywhere. Some of the bigger brokers will offer their proprietary platforms to trade on, whilst others will offer other third-party platforms for variety. Traders who are new to the game and are cautiously just finding their feet may prefer the option of the Micro Account.

MetaTrader 5

We do not provide financial advice, offer or make solicitation of any investments. The LimeFx Market Overview section is dedicated to the latest market news, research and analysis. You can follow the latest market happenings and discover limefx broker reviews potential trading opportunities based on technical and fundamental analysis across multiple asset classes. The LimeFx calculators allow you to make accurate assessments at the right time to make the most out of your trades.

What are Exotics in Forex Trading?

From my experience, execution can play a big part in your trading results, especially if using a scalping strategy. There are different trading platforms and flexible trading conditions provided for you to choose from, depending on your needs. This means that you can enjoy trading all of your favourite strategies and preference of financial markets without any hassle.

App support

On the MT4 platform you can trade all the instruments available at LimeFx including Stock Indices, Forex, Precious Metals and Energies. Trade forex with no re-quotes and real-time execution.Choose from 10+ Trading Platforms catering to any device. LimeFx provides a fair and trustworthy trading experience by pioneering a strict no re-quotes and no rejections policy.

The LimeFx profile consolidates all your trading accounts under the same email, allowing you to login with your email address. Retail client funds are insured up to €20,000 by the Investor Compensation Fund. Meanwhile, all clients benefit from Negative Balance Protection, so they are never at risk of losing more than their account balance. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.

Get More than a Forex and CFD Trading Account at LimeFx

This is an excellent selection that I would put up there with some of the best in the industry. However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000. The management team have hosted hundreds of seminars in over 120 cities to educate traders. They are a human company that put client satisfaction first which explains why they have such a high level of client retention and a loyal user base.

If you maintain a minimum account of $5,000 USD (or equivalent) then you are eligible to request the free VPS in the Members Area at any given time, on condition that you trade at least 5 round turn lots or 500 micro round turn lots per month. To qualify for the free VPS, they will also take in to account any other trading accounts you may have registered that use the same email address. I think it is great for finding trading signals https://limefx.name/ and can save you hours by automatically scanning the markets on your behalf. It is also a great solution if you don’t have the knowledge or experience to decide which way the market is moving. There aren’t many brokers who offer Autochartist to you, although GO Markets do. The main difference between MT4 & MT5 is that MT4 does not offer trading on stock CFDs and MT5 has slightly more features and functionalities in comparison.

(See Trading Costs for a comparison of the spread versus commission account models). Bank transfers can take a few business days to clear and LimeFx covers all the charges for bank transfers of $200 or more. Accounts can be opened in  a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it. For this reason, I prefer brokers who support digital wallet funding.