If you’re a beginner, there are certain concepts and terms that you need to get familiar with. It’ll help you expand your knowledge about the market in general and our services in particular. If you feel like practising with virtual funds before switching to real trading, you can open an LimeFxFX demo account.
The company’s mission is to provide outstanding forex and CFD trading services, via cost-effective, transparent conditions on a worldwide scale. The broker offers 80+ trading instruments including currency pairs, commodities, indices and cryptocurrencies. All of the two platforms on offer are well regarded in the trading community. The MetaTrader suite of services is the most popular globally due to the blend of features it offers.
The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. LimeFxFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution. There are a lot of additional services to complement the trading interface. The research and learning sections, for example, are of a very high standard and the in-house copy trading service is a neat addition. But the core of the LimeFx offering is the provision of convenient, efficient, cost-effective access to the markets. Clients can opt to trade using ECN portals, which take the quality of execution up a level.
LimeFx markets incorporated is a privately owned company and the exact owner and ownership structure are unknown. After using the educational resources offered by LimeFxFX, we are confident that there is plenty of information for both beginners and experienced investors. All withdrawal requests are processed within 1-3 hours during business hours, though the time taken for funds to clear back to the original payment method may vary. There are, however, minimum withdrawal limits for all payment methods, though these are minimal, including $5 for Skrill and Neteller.
LimeFx is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. Even a quick glance establishes why the firm is so willing to share. Being regulated by a top-tier authority (CySec) means the firm must comply with certain regulatory protocols. As a result, the service is not available in a range of countries — including the USA, Brazil, Russia, Ukraine, Syria and Cuba. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform.
LimeFxFX offers leveraged CFDs on popular asset classes spanning forex, indices, commodities and cryptos. Traders benefit from ultra-fast execution speeds, reliable trading tools and zero commissions. There are also no restrictions on strategies, including hedging, scalping and automated https://limefx.name/ trading. Seasoned day traders will appreciate the ECN model with fast execution and tight spreads, while beginners will rate the user-friendly copy trading platform and low minimum deposit. This electronic trading platform is used by new and experienced traders alike.
There are many strategies that allow you to profit from currency price fluctuations, for example, scalping, martingale, hedging, news trading, and many others. Read our Trading Strategies limefx scam article to find a detailed description of the most common strategies and choose the best one for you. After-hours trading occurs when the day’s normal trading session is closed.
Trades are also automatically executed with faster reaction times, leading to lower chances of slippage costs. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform servers exchange data through encrypted servers, and the platform uses RSA digital signatures. We don’t take any commissions on deposits and withdrawals, and our spreads (difference between the Buy and Sell price) are among the lowest in the industry.
This means it’s possible to develop, test, and apply EAs to eliminate obstacles in analytical trading activities. During registration, you’ll be asked to start a trading account. Pick the ‘Custom’ option, press ‘Continue’, select ‘Demo’, set a platform and leverage, enter your starting balance, and press ‘Create account’. Make a deposit via LimeFx trading app or on our site and we’ll give you a 50% bonus, which you can manage directly in our app. Use it to open trades of a higher volume for more profit potential.
If you prefer a broker that gives you access to a large selection of tradeable assets, then you are better off choosing another EU-regulated broker. The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive. It is possible to trade forex, metals, soft commodities, single stocks, indices, energies and a choice of five cryptocurrencies. The MT4 account demonstrates the limited selection by only offering four stock indices (AUS200, GER30, NAS100, US30). Opening a MetaTrader 4 Demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques. The account works like a live account, except it allows you to trade with virtual money rather than real money.
After clicking ‘Open account’, open your inbox and confirm your email. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare LimeFxFX with the top 3 similar brokers that accept traders from your location.
MT4 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation. It is super-easy to download and install the terminal on any compatible device. At LimeFx, we provide our clients with the MT4 platform to enable them to carry out their trading activities efficiently and with complete peace of mind. We also offer educational material, as well as MT4 Demo accounts, so they can practice risk-free trading.
LimeFx Markets Incorporated is based at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines. LimeFxFX is licensed and regulated by FSA SVG license number #19776 IBC 2011. With trading costs being a significant determinant of success or failure, the broker is right to emphasise what a help this could be.
There is also an Islamic swap-free account for those worried about whether trading is haram or halal. LimeFxFX acts in full compliance with international legislation and regulation standards. With this, the broker guarantees segregated client funds and negative balance protection. This is a significant advantage for investors using mid-term and long-term strategies as charges will not be applied for any positions held overnight. At BitPinas, we strive to share correct and positive information about blockchain/crypto space and the people that work tirelessly to build the reputation of the industry. We don’t want Filipinos to be victims of fraud or financial crime of any sort.
If you need a simple, limited tool to practise your trading skills—choose MetaTrader. If you’re looking for something more powerful and modern yet simple enough to learn and master—LimeFxTrader is your best bet. When you trade, you open a Buy order if you expect the price to go up and open a Sell order if you expect the price to go down. It means that you buy a certain amount at a lower price now to sell it back at a higher price later and gain profit from the price difference.