It is a great way to practice trading strategies before implementing them in live trading. LimeFX demo accounts are free to open and available on both MT4 and MT5. An LimeFX demo account replicates the exact same trading conditions of a real trading account.
The brokerage firm, founded in 2008, was hailed as the Fastest Trader Execution during the Traders Union Awards 2022. Adept traders determine their profit and losses by weighing the price difference between entering and exiting a contract. Then, brokers would pay these gaps on whether or not traders make a profit. The latter has to pay the former the price difference if it’s a loss.
Is LimeFX Trusted within the Industry?
These integral parts of MetaTrader 4 not only help you to effectively determine entry and exit points and identify market trends, but also enhance your trading experience. Supporting trade execution modes, including Market and Instant Execution, the trading platform MetaTrader 4 also provides charts, expert advisors, trading signals and technical indicators. Signals enable traders to copy the trading orders and trading strategies of other traders. There are also financial news and alerts tools so that traders are updated with the latest trading news and articles. Launched in 2010 by the financial trading software development company, MetaTrader 5 quickly became popular among traders, brokers and those offering investment or brokerage services. With an impressive collection of 107 forex pairs, LimeFX’ forex coverage is amongst the best in the financial industry.
LimeFX’ most recent additions to its range of crypto trading products include Uniswap Token, Solana, Basic Attention, Theta and Dogecoin. There are two types of energies amongst LimeFX’ trading products, namely Brent Crude and West Texas Intermediate. As a global broker, LimeFX’ services are available in numerous countries and regions across the globe. The company has established an extensive footprint in Asia over the years, with countries such as Thailand and Vietnam being its most important sources of customers.
Traders holding LimeFX’ Professional accounts have to satisfy different minimum deposit requirements depending on their countries of registration. LimeFX believes that trading should be fuss-free and straightforward. Hence it has introduced simple, intuitive deposit and withdrawal processes to ensure traders can handle their funds with ease. Therefore, the broker may adjust your margin requirements and maximum leverage prior to weekends, holidays, and important industry news announcements to minimise your risks. The LimeFX Cent account allows a minimum position size of 0.01 cent lot.
- For example, traders registered in Bangladesh and Singapore are required to deposit no less than 200 USD.
- There are three different types of accounts under the Pro category, including Pro, Raw Spread and Zero.
- Supporting trade execution modes, including Market and Instant Execution, the trading platform MetaTrader 4 also provides charts, expert advisors, trading signals and technical indicators.
- This means LimeFX will always be able to fulfil your payout requests.
LimeFX has developed a simple registration procedure that takes several minutes. A mandatory security element is the confirmation of e-mail and the data specified in the form. You need to register an account with LimeFX in order to start trading. Then, you will be asked to verify your profile by completing phone and email verification, filling in an Economic Profile and providing proof of identity and proof of residence. However, it is important to remember that leverage magnifies both your profits and losses. LimeFX’ English, Chinese and Thai speaking customer service agents offer 24/7 assistance, while its customer support in the remaining 12 languages are available 24/5.
Which Bank does LimeFX Use?
What really makes the broker stand out from the crowd is its tight spreads, instant withdrawal and low initial deposit requirement. Since LimeFX is a market maker, it provides one of the tightest spreads amongst global brokers, even when the markets are being impacted by fundamentals. Indices are relatively easier to analyse compared to other https://limefx.biz/ instruments. This explains why they remain a favourite amongst traders and investors. LimeFX customers can access 13 different indices, such as Hang Seng Index, Financial Times Stock Exchange 100 Index and Dow Jones Industrial Average. Suitable for beginners, Standard accounts require no minimum deposits and have a minimum spread of 0.3 pips.
Nymstar Limited is registered in Eden Island, Seychelles and licensed by the FSA. Vlerizo (Pty) Limited, located in South Africa, is regulated by the FSCA. Traders can deposit funds into their LimeFX accounts by Skrill, wire transfer, Neteller and many others. CFD or Contract for Difference is among the most important financial gauges to a trader’s portfolio. The company is regulated by international financial regulators such as FCA, CySEC and SFSA, CBCS, FSC (British Virgin Islands), FSC (Mauritius). Numerous customer reviews complement the company’s stable and reliable profile.
Are you looking for LimeFX?
From the comfort of their mobile devices, LimeFX traders are in a position to carry out almost all the functions of both MT4 and MT5 platforms. Thanks to Mobile trading, clients can complete various trading activities from anywhere in the world provided they are connected to the internet. IC Markets, the last entry on Traders Union’s best CFD brokers list, is considered best for scalping strategies. This brokerage company is deemed the world’s largest Forex broker by trading volume. Besides, the entity’s lowest fees only start from $3 per lot on the market. LimeFX is an international financial services company that has been providing a range of brokerage services for merchants around the world since 2008.
- The opening deposit of a Classic LimeFX account is about $2,000 while that of an ECN LimeFX account is $300.
- In addition to working accounts, the company offers a demo version.
- Besides, this brokerage company provides users a spread from 0.1 pip for the EUR/USD currency pair and offers a minimum deposit of $100.
- Clients can deposit and withdraw funds with immediate effect, and have control of their money 24/7.
- To prevent identity theft, financial fraud, money laundering and terrorist financing, LimeFX has set up a simple KYC process to verify the identity of its new clients.
LimeFX clients can also choose to hold their funds in any of the 80 supported fiat currencies, or the specialized metal currency accounts available exclusively on their platform. Clients can deposit and withdraw funds with immediate effect, and have control of their money 24/7. LimeFX is the only broker that offers metal currency accounts and accepts Visa and Master cards. The LimeFX Trader Mobile App is the ideal choice for those who want a convenient and all-encompassing Forex Trading Terminal. Our LimeFX review for this app tells that LimeFX Trader allows users to manage their LimeFX accounts, access security information, utilize technical analysis, and read up on economic news. Unfortunately, it does not have the same analytical tools as its desktop counterpart and is only available for Windows.
So, it is a great choice for traders who need to manage numerous accounts at the same time. Investors profit from strategy providers’ successful trades, while strategy providers receive commissions from investors who have copied their profitable trades. Traders may be asked to make a first deposit of no more than 3,000 USD depending on their countries of registration. With a Standard account, you can start trading by depositing 10 USD, but the lowest minimum deposit required for a Pro account is 200 USD. You may be subject to a higher first deposit requirement depending on your country of registration. With its constantly-improving trading conditions and multilingual customer support, LimeFX has bent over backwards to offer its customers the ultimate trading experience.
What you can trade on MT4
Since the LimeFX Terminal is fully owned and developed by the broker, it becomes possible for LimeFX to continuously improve the platform based on the changing needs of its customers. With an improved interface and feature set, the fifth-generation trading platform from MetaQuotes boasts enhanced productivity and performance. If you are registered in Sri Lanka and Botswana, your minimum deposit requirement will be 500 USD. For example, traders registered in Bangladesh and Singapore are required to deposit no less than 200 USD.
As the VPS servers are located in the same data centre as the trading servers, your orders can be instantly executed without being affected by connection issues. The Trader’s Calculator tells you all the basics you need to know about your trading positions. It helps you calculate the Swap Long, Swap Short, margin and pip value of your trade. A powerful tool provided by Trading Central, a global leader in financial research, WebTV is your gateway to the most up-to-date market information. Strategy providers are free to set their own commission rate at anywhere between 0% and 50%. To make its instant withdrawal system even better, LimeFX does not charge any withdrawal fees.
As an LimeFX client, you’ll be entitled to compensation up to €20,000 should LimeFX fail to abide by a judgment of the said commission. Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time. To start trading with LimeFX, an investor must take several important steps. LimeFX collaborates with many trusted banking institutions worldwide. The entity accepts Visa, Visa Electron, Master Card, Maestro Master, and JCB (Japan Credit Bureau) cards. Traders can check if a broker is partnering with a bank in a particular country on the company’s website.
LimeFX traders have a variety of financial products to choose from, including forex pairs, cryptocurrencies, stocks, indices, metals and energies. There are several electronic payment systems (EPS) available at LimeFX, including Skrill, Perfect Money, Neteller and WebMoney. They allow instant deposits and withdrawals, meaning that transactions can take place in a few seconds without manual processing. However, traders are subject to a withdrawal fee if they choose to withdraw via Skrill or Perfect Money.
To offer its customers a one-stop trading experience, LimeFX has introduced a comprehensive collection of trading tools to help traders gather all the information they need. The LimeFX withdrawal system limefx is automated, meaning traders can access their funds instantly without the involvement of financial specialists. You can initiate a withdrawal at any time, including public holidays and weekends.
LimeFX Group Awards
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.