LimeFx Forex Brokers Reviews

The margin requirements on demo accounts mimic those on the live accounts. Besides lots of currency pair,
LimeFx also offers some instruments you would like https://limefx.vip/ to trade on, such as
Forex, Gold & silver, CFD and Crypto for your best choice. Somehow, remember that different instrument
has different trading conditions.

Forex, binary options and cryptocurrencies are highly speculative assets. Forex traders should be smart enough not just to make lucrative trades, but also to choose a broker who can best meet their requirements. Our mission is to help investors to lower risks by providing unbiased reviews and ratings. Traders who want to contact a customer support agent instantly must click on the live chat link on the homepage. This opens the live chat window and connects them to a customer support agent. When you become a signal sender or permit other traders to copy your deals, you will not only help other traders get experience in forex trading, but also earn additional income.

Guide to Registering a New Trading Account

When trading a currency, you are borrowing one currency to purchase another. The swap interest fee is calculated based on the difference between the two interest rates of the traded currencies. LimeFx offers as a trading platform the most popular and known MT4 along with its advanced generation MT5. There is no matter which device to use since there are available versions for PC, Android or iOS devices that allows earning anywhere. In addition, LimeFx is a member of The Financial Commission, an international organization engaged in the resolution of disputes within the financial services industry in the Forex market.

Introduce them to a broker with 20+ years’ experience and some of the tightest spreads in the industry. LimeFx was among the first to offer MetaTrader, which has since become the most popular trading platform in the world. Rates, terms, products and services on third-party websites are subject to change without notice.

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New traders can take advantage of webinars and written content that provides traders with a solid understanding of the Forex markets. Complementing a great trading environment is the free research provided by LimeFx and a loyalty cashback program, which reduces trading costs for active traders. Before you begin your trading journey, it’s very important that you understand LimeFx International’s margin requirements. Based on the margin requirement for the specific account, you can also calculate the maximum leverage you’ll be able to wield whilst trading. Having a clear picture of the right margin requirements prior to your trade allows you to apply good risk management. Not enough funds in your account could prompt a margin call which, in turn, could lead to the closing of a position and account wipeouts.

LimeFx solutions meets various traders’ needs, through different types of execution and a variety of tools to choose from. Standard LimeFx Spread for EUR USD is 1.1 pips, while ECN account offers raw spread plus the commission charge. The overnight fee which you are going to pay in case the order is held longer than a day. As an example, going short limefx company reviews for EURUSD currency pair will cost you 0.65 and long position ‎1.31 See below our finds for Standard account trading fees, also in comparison to other proposals. LimeFx offers two types of execution the standard or through ECN connection, hence the charges of spread will be applicable according to the chosen method and starting from 0.0 pips.

Pro

Their guide to trading is designed to break down the terminologies and answer the most frequently asked questions by traders. A trader will be trading more quickly and with more confidence in no time. The LimeFx website is straightforward to use, and traders can view it in Indonesian, English, Chinese, Portuguese, and Russian.

Overall, LimeFx’s range and depth of trading instruments are limited compared to many other brokers. LimeFx’s 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. The new and updated version of MT5 boasts state-of-the-art features including options for hedging, while MT4 is slightly less advanced and more suited to traders who are new to the markets. MT5 also has a built-in news feed and an economic calendar, and trades can be made on a chart. Opening a trading account at LimeFx is a fully digital process and is hassle-free compared to other brokers.

UEZ Markets

LimeFx lists over 250 assets available for trade, with a definite focus on the Forex market. The commodity selection remains a weak point, as only four assets are accessible. Only ten equity CFDs provided, that merely serves as a justification to list this asset class, eleven index CFDs offer traders basic diversification. LimeFx offers a great selection of currency pairs and complements this with a solid selection of commodity CFDs. Index CFDs remain limited, but this broker offers bond CFDs as another means of diversification. The broad asset selection at both brokers is acceptable for pure Forex traders.

All of their accounts use USD, EUR, GBP, and NGN as the options for base currency. Since LimeFx has been in the industry for several years, the company has earned the respect and goodwill scammed by limefx of traders from different parts of the world. Its large portfolio of financial products and services makes it ideal for all categories of traders—beginners as well as expert traders.

After choosing a PAMM account, you can invest and monitor the accounts. Though I have to warn you that past performance is by no means a guarantee of future performance. Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a high degree of risk to your capital. LimeFx International offers a short educational section which will be very useful for beginners with little experience trading. Unfortunately, there are no video tutorials or webinars on offer at the moment, although LimeFx dedicates a page on its website to webinars. MT4 and MT5 are freely available on both Android and IOS mobile phones and tablets.

Average spreads on EUR/USD for some accounts such as the ecn.mt4 are listed from as low as 0.8 pips. The best part is that spreads remain almost the same and don’t show massive widening particularly during News. Standard accounts are simple, convenient, and straightforward to use hence perfect for newbies. New Traders can begin with Standard demo trading accounts where they have an opportunity to try Forex without risking their hard-earned money. Premium accounts come with personal managers and are ideal for experienced traders. More than a million clients have chosen LimeFx as their trusted provider of Forex services.

During the launch of the app, LimeFx announced that it was working on releasing an Android version of the LimeFx Mobile Application. LimeFx Bonus allows traders to earn points and exchange them for several transactions. More active traders, as well as those with high investing and trading volumes, enjoy the most bonus points. An alternative LimeFx website offers services that are better suited to your location. LimeFx Comoros does not provide services to residents of the USA, Japan, Canada, Australia, the Democratic Republic of Korea, European Union, United Kingdom, Iran, Syria, Sudan and Cuba.

• This leaves traders without critical features and requires further LimeFx to upgrade the trading environment.
• There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
• Owing to instant data transmission, signal senders will hardly experience any delays in copying trades.
• LimeFx offers support for MT4 – the most popular trading platform globally – and MT5 – the latest version of the industry standard.
• Traders can copy the trades of other traders, also known as signal senders, on their personal trading account.

I like how the broker also has several offices run by their partners in different countries to cater to the international community. I contacted the customer service staff,and they just said they would check, but there was no result later. I could only deposit but I couldn’t withdraw, and the reason was that there was a mistake during withdrawal.

LimeFx supports the newest iteration of the popular MetaTrader platform, MetaTrader 5 (MT5). However, most other brokers offer daily insights written by their team of inhouse analysts, which is unavailable at LimeFx. LimeFx offers support for MT4 – the most popular trading platform globally – and MT5 – the latest version of the industry standard.