Regarding education, there are platform tutorial videos and a basic forex trading course, which would probably be okay for absolute newbie traders. LimeFxFX is extremely limited regarding payment method options for funding a trading account. There was one slightly different trading platform, which is the LimeFx CopyTrading software. This allows CFD and Forex traders to either copy other traders’ trading signals or let you broadcast your own trading signals to other traders on the social trading platform. The LimeFxFX platform is essentially a white-label licensed version of MT5. The main advantage of this platform is easier sign up and less hassle when making deposits and withdrawals.
- With the LimeFxFX MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets.
- The account types are LimeFxTrader, MT4 and MT5 accounts for every trading platform the broker provides.
- Regardless of your preferred trading strategy, they have accounts for all styles of trader, with differing levels of investment and experience.
LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFx’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics.
The account opening process of the broker is straightforward and can be continued if accidentally stopped. Clients are, however, not allowed to withdraw from their accounts unless the account is verified. Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves.
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Overall, there is a lot to like about LimeFxFX and the range of quality trading conditions that they provide. You get convenient access to the markets via powerful and fully customisable trading platforms with accounts to suit all types of trader. The trading costs are very competitive whilst customer support is prompt to answer questions. Trading instruments may perhaps be too limited for some although the forex offering is probably adequate for most forex trader needs.
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It prioritizes its clients’ account safety by keeping clients’ funds in segregated bank accounts. LimeFxFx employs state-of-the-art technology and advanced security protocols, which includes SSL web encryption limefx scammers and two-step authentication to protect clients’ confidential data. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage.
Evaluation includes researching the LimeFxFX management team, track record, and services. LimeFx only charges internal mark-ups over market spreads, which start from 0.6 pips or $6.00 per 1.0 standard round lot. It has no other notable fees and ranks among the best-priced brokers. LimeFx offers a 50% bonus on each deposit, and a four-tier status program rewarding active traders. It also maintains a Trade & Win promotion, where each lot counts as a prize lot, redeemable for prizes. Terms and conditions apply, and I recommend traders read and understand them before participating.
You can choose from the MetaTrader 4 (MT4), MetaTrader 5 (MT5) and cTrader platforms. These are amongst the best trading platforms available for online trading that you will find anywhere. I think they are ideal for anyone who is looking to trade manually or run automated systems. They are all relatively easy to use but also capable of performing complex analysis and order management.
In addition to this, the customer support team is multilingual, offering support in languages including English, Malay, Indonesian, Thai, Hindi and Urdu. The firm has a good basis for its research offering due to the fact it offers a bit of all main content types including some from third party providers. But what good is advanced technical analysis without the ability to customize orders?
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Taking a look at the CFD markets available from LimeFxFX, it is noted that they offer a little more than 70 assets in total. Some of them may not be available within every region or account type. With that said, they still offer good value in terms of trading conditions. The account base currency is that which you trade in with the broker. These are, EUR within the EU, and both EUR, and USD for traders outside the EU.
The registration process with LimeFxFX is straightforward and similar to registering with any other website. But, to make sure you do not miss any detail that might be crucial to getting your account verified, we will go through the steps to set up your account, and what you can expect to see. Beginners are usually recommended to use the MT4, while MT5 is recommended for those who already have hands-on experience in trading. Trading regulations https://limefx.name/ differ between regions, so the leverage may change depending on where you live. In today’s world where information leaks are not something uncommon, LimeFxFX ensures the safety of users’ personal and banking information by using SSL technology with 128-bit encryption. LimeFxFX has built a reputation for providing reliable and robust trade execution and industry standard add-ons such as Quick Trade functionality are available.
With LimeFxFX you will need a minimum deposit of $5.You can sign up for a demo account to acquaint yourself with LimeFxFX platform. Online investing with LimeFxFX can be just as risky as traditional offline investments. Therefore, conducting thorough research on the company you plan to invest with is crucial.If considering trading financial assets with LimeFxFX, evaluating the LimeFxFX platform is important.
If you are going to be depositing into a USD denominated account in EUR then they will do their best to give you the closest market rate on this pair. We would strongly suggest that you use the PC or web-based version for some of your more advanced trading. They have the full screens and allow for a more uninterrupted experience. This is currently only available in Android but the app seems to have pretty good reviews from the users.
They have also got some of the most responsive customer support which has won them a number of awards. We also found the copy trading concept together with their educational resources a nice touch. Moreover, if you are trading on the cTrader platform then you do not have access to cryptocurrency trading at all.
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