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Forex Trading

LimeFX Review 2023: Features, Cons & more

broker LimeFX

He is an experienced trader who deeply understands the trading process, conducts serious financial analysis, and creates an interesting and profitable strategy that investors can use. As a result, social trading enables everyone to gain access to quality investment. More experienced traders share their fundamental analysis and successful strategies, while newbies learn to copy interesting solutions. Naturally, such a tool reacts sharply to external factors, such as the political situation, ecologists, weather conditions, and economic development of both individual countries and the world. As a global broker serving traders from all over the world, LimeFX has made sure its customer support team is truly international.

It’s also possible to check that the participants of thematic forums do not cease to assert about the constant development of the dealing center and the improvement of trading conditions. LimeFX’s customer service department provides fast and multilingual assistance to users https://limefx.name/ around the world. When opening a real account, the user is offered up to 80 variants of currency units, including metal-currency combinations. Besides, to prove its fairness, the company undergoes the check-up by Deloitte’s independent auditors in the forex market.

Opening any type of Professional accounts in Thailand and Japan means you will have to deposit at least 1,000 USD in order to start trading. For example, traders registered in Bangladesh and Singapore are required to deposit no less than 200 USD. When it comes to account spreads, the Standard and Standard Cent accounts have a minimum spread of 0.3 pips.

  • We were very interested in LimeFX, so we decided to study, in detail, all aspects of the broker and its trading platforms.
  • Since its release, MetaTrader 4 has become a leading and widely popular trading platform, preferred by online foreign exchange traders and brokerage services around the world.
  • Yes, LimeFX accepts Bitcoin as a method of deposit and withdrawal.
  • A powerful platform for currency pairs and other financial instruments CFD trading, the MetaTrader 5 is free to download on LimeFX.

The merchant can use the demo account available through the LimeFX trading platform. The different set of functions depends on the choice of assets, financial instruments, spreads, leverage, etc. LimeFX Social Trading is a service that enables investors to observe and copy the trades of more experienced traders (strategy providers). On the other hand, strategy providers are experienced traders who aim to profit from their trades. Whenever a strategy provider executes a successful trade, he or she will be receiving commissions from investors who have chosen to copy his or her trade.

What is the LimeFX Minimum Deposit

The most popular currency pairs to trade are the ones that offer the most liquidity – i.e. the ones that people trade the most. Please note that the stop level values in the table above are subject to change and may not be available for traders using certain high-frequency trading strategies or Expert Advisors. With over $5.5 trillion in daily trading volume, currency pair trading presents endless opportunities 24 hours a day, 5 days a week. It is this set of analytical tools and research materials that LimeFX provides to its customers. LimeFX  Terminal is a specialized trading software developed by the experts of the company itself.

Like the mobile trading apps, LimeFX offers MT4, MT5, and its own in-house trading platform available on both Mac and PC. The LimeFX MT4 and MT5 apps allow traders to work from anywhere, with nine timeframes, 30 indicators, and interactive currency charts. Functionality to close and modify existing orders, calculate profit/loss in real-time, and tick chart trading further empowers traders while on the move.

  • Another unique feature is its customisable timeframes that can be set to any time interval and its trading alerts, available on any device, with 12 different alert conditions.
  • Such a wide range of methods and services helps customers to make transactions at any time without limitations or holding time.
  • His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.
  • LimeFX unlocks myriads of indices that include FTSE 100, S&P 500, Dow Jones Industrial Average and many more.

Also, the size of LimeFX’ funds is always several times larger than that of its clients’ capital. This means LimeFX will always be able to fulfil your payout requests. Trading with LimeFX allows you to speculate on the price movements of financial assets. You can enjoy exposure limefx scammers to the financial markets without taking ownership of any underlying instruments. LimeFX Terminal is a web-based version of the MetaTrader 5 platform, which is exclusively for MT5 accounts. No installation or downloads are needed to access its features and functionalities.

Indicators & Analytical Object Tools

Brokerage company LimeFX cooperates with a huge number of banking and commercial organizations that provide their services to perform financial transactions. Have a look at the table below to see all of the differences between these three account types. By April of 2022, LimeFX had accumulated an impressive roster of hundreds of thousands of investors and had transacted trillions in trading volume. Its asset selection is broad, comprising of Forex, Crypto, Metals, Energies, and more, all of which are accessible to its clients.

So these are all tailored to provide traders with a unique and user-friendly experience. LimeFX offers a broad range of Forex pairs to traders and is considered to be one of the most reliable Forex brokers in the industry. It offers some amazing spreads as well as unmatched leverage levels. Thanks to its reasonable pricing and straightforward trading conditions, more and more traders prefer it over other brokers. Their website is multi-language and is full of informative content. Investors are usually traders with little experience who want to have a higher chance of success in the financial markets.

broker LimeFX

IBKR’s powerful suite of technology helps you optimize your trading speed and efficiency and perform sophisticated portfolio analysis. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. The main office of the company is established in Limassol, Cyprus. To start trading with LimeFX, an investor must take several important steps.

Is LimeFX Trusted within the Industry?

For more information read the Characteristics and Risks of Standardized Options, also known as the options disclosure document (ODD). Alternatively, please contact IB Customer Service to receive a copy of the ODD. Before trading, clients must read the relevant risk disclosure statements limefx forex broker on our Warnings and Disclosures page. Trading on margin is only for experienced investors with high risk tolerance. For additional information about rates on margin loans, please see Margin Loan Rates. Security futures involve a high degree of risk and are not suitable for all investors.

broker LimeFX

It also offers its own in-house app that allows you to manage your accounts, deposit and withdraw funds and trade on all LimeFX’ financial assets, but this is only available for MT5. Developed by MetaQuotes, MetaTrader 4 is not just popular for its tools and features, but also for its safety. The MT4 platform securely encrypts all transmitted data between traders and the platform servers, making sure that your trading accounts, funds and data are protected. Log into your LimeFX account and find the Social Trading section.

Interactive Brokers: Rated Lowest Margin Fees1 by StockBrokers.com

A trader must select an account type suitable for the task and trading strategy and register before starting a trade. There are separate commission terms, margin requirements, and leverage requirements for each of the accounts. Yes, LimeFX accepts Bitcoin as a method of deposit and withdrawal. To use Bitcoin as a payment method, traders are required to set up an LimeFX Bitcoin wallet, which can only be used for internal transfers, deposits and withdrawals.

Our lowest spreads are on Zero account and remain fixed at 0.0 pips for 95% of the trading day. The broker also provides traders with an economic calendar and a TradingAnalysis Trading Indicator. From the look of things, LimeFX doesn’t have in-house content since its Analytics section hasn’t been updated for months now. Although the company has some of the best third party research and education content, an improved in-house research and education system can go a long way to improve its presence on the market.

LimeFX offers 9 accounts, which is many more than other brokers. The Standard accounts are suitable for beginners, while the Pro accounts may appeal to more experienced traders. The company offers research and education to traders majorly through third-party content.

The broker is known for its easy to use platforms and also a high level of transparency. The broker offers a big assortment of the world’s most traded indices for CFD trading, including the FTSE 100, S&P 500, Dow Jones Industrial Average, and many others. LimeFX is an international financial services company that has been providing a range of brokerage services for merchants around the world since 2008. Over the years of work in the financial sector, the broker of many investors, as well as a reputation as a reliable financial partner. This is both the theoretical base that every trader needs and the practical skills to create a successful strategy. It is to maintain a continuous learning process that Eckness created his LimeFX Academy training center with many useful video lessons, tutorials, and other educational materials.

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