LimeFxFx boasts of a spread floating, starting from as low as 0.6pips. Depending on the market’s volatility, clients can expect to pay a minimum spread of 0.6 pips on trading pairs like GBP/USD and EUR/USD. Commodities like Gold and Silver are on the other hand, tradable on spot for a minimum spread of 1.9 pips and 2.0 pips respectively. Web and mobile trading platform OсtaTrader enables you to diversify and upgrade your trading.
- The Symbols tab shows a list of currency pairs with their bid and ask prices, while the Tick Charts tab shows the real-time price activity of chosen currency pairs.
- The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary.
- Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features.
To delete your LimeFxFX trading account, you will need to get in touch with the customer support team. Note, accounts are automatically deactivated if you never deposit or sign in to them. The bespoke software enables users to track master traders and their live performance, control portfolios on the go, view how their funds are invested and manage risk in real-time. limefx review We strive to offer the best trading conditions on the market to make trading easier and more profitable for our traders. At LimeFx, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively.
LimeFx 16 Cars contest ended
It is flexible enough to implement both simple and highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Whether it’s their infamous CopyTrader or global outreach that caught your attention, there is no doubt that eToro is a top broker. This review will discuss how to open an account with eToro, regulations, online trading fees, spreads, leverage, verification process, safety measures and deposit & withdrawal methods.
Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. This will allow you to create either a demo or real trading account during the registration process. After the registration is complete, you can create more trading accounts and manage them in your profile. When choosing a broker, regulation is one of the first things that I look for. I would always prefer to trade with a regulated broker as it gives me the peace of mind that they will operate in an honest manner and can be trusted with my funds. It is important to remember that not all regulators are created equally.
What this means is that you can get your trades placed on the markets at the best available prices at all times. It also means that they do not use a dealing desk which can eliminate any conflict of interest between you and the broker. I would always prefer to use an ECN broker as I find they tend to have the lowest spreads and quickest execution speeds.
On LimeFxFx, customers can withdraw funds from their trading accounts using the same ways they deposited. To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours.
MetaTrader 5 for macOS
Founded in 2011, LimeFx holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LimeFx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). 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. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
However, the offshore entity of the broker is regulated by just a 3rd tier regulatory body. Online reviews have revealed that this isn’t quite significant enough to call the broker well regulated. There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading https://limefx.name/ terminologies. They are fees necessary for trading, which users must pay before or during trading. The speed of execution is the critical parameter for trading, so it’s important to do your research. Ensure that the software responds without delays – this way, there will be no negative effect on the quotes’ update and charts.
Alternatively, if you need to cancel a withdrawal, you can do this within your personal area. You can sign up and login to the LimeFxFX copy trading service in a few easy steps. Once you login to your personal area, you can set up your copy trading profile and deposit to your wallet.
From there, you can log in to your profile to manage your funds, get bonuses, and take part in our promotions, or start trading immediately in the web terminal. First, you need to enter your name, email, and a secure but easy-to-remember password. After clicking ‘Open account’, open your inbox and confirm your email.
Other trading platforms
Although the minimum varies per jurisdiction, it is relatively a low sum. Coming to assets, the company offers a wide array of tradable assets, allowing clients to pick their favorites and suitable ones for trading. There is also an availability of multiple trading tools and indicators, which serves to enhance clients’ trading experience and help them trade confidently. The company, besides featuring a full fledged FAQs section to help clients find answers to their queries on an immediate basis, offers multilingual customer support 24 hours 7 days a week. The MT5 account, also called innovative account, is an account type for clients with trading expertise. Its trading instruments are inclusive of forex, commodities, indices, cryptocurrencies and stocks.
LimeFxFx Account Types
It has an intuitive user-friendly interface that is easy to navigate and fully customisable. MT4 includes many built-in indicators for technical analysis and is capable of running automated systems known as expert advisors (EAs). Multiple order types are supported with real time market execution and there is advanced risk management amongst many other useful features. MT4 is the complete platform to get started trading online and is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other. Exante is a Cyprus-based online trading broker that provides its users with Direct Market Access (DMA) to a wide range of financial instruments.