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It is well known for its user-friendly interface, quick learning curve and abundance of built in charting tools. LimeFx offer MetaTrader 4 and MetaTrader 5 for desktop, web and mobile (iOS & Android). I find the platform easy to navigate and use it for both manual and automated trading.
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MT4 is considered to be amongst the best trading platforms for both new and professional traders alike. It has an intuitive interface with an array of functionality to perform plenty of trading actions from chart limefx company reviews analysis to multiple order types. MT4 offers a good combination of convenience and functionality for trading online. LimeFx primarily provides brokerage services in the CIS countries, Asia and Europe.
LimeFx Broker’s Active Locations
In addition, it offers the tools or instruments in its propriety laboratory that are vital for successful algorithmic online trading. Surprisingly, LimeFx broker offers $10.000 as virtual funds on a demo account. Even though those are virtual funds, you can test your strategy. But have in mind that virtual funds don’t present a realistic picture of trading.
There are plenty of payment options available, including wire transfer, bank cards and electronic payment systems such as Skrill and FasaPay. LimeFx does not charge for deposits and processing times are instant for all methods, except https://limefx.biz/ for bank transfers, which take 3 – 5 business days. All information presented on TopBrokers.com website, including charts, quotes and financial analysis, is informational and doesn`t imply direct instructions for investing.
They can run remotely and you can connect to the VPS at any time to check the platform. A VPS is often useful for traders who need to run automated trading strategies around the clock or who need a reliable connection to the trade server. Clients who qualify can apply for a VPS service in their LimeFx personal area under the “Services” section. I actually have my own VPS and find it to be a great tool for simultaneously running multiple instances of the MetaTrader platforms. This enables me to effectively test my automated systems on different brokers to compare trading conditions and performance.
Over the years, the LimeFx team achieved outstanding results in the industry, which is confirmed by a large number of loyal customers and international awards. LimeFx’ mission is to provide clients and partners worldwide with the opportunity to become successful in the financial markets. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries. All funds deposited into your trading account must be under the same name as your trading account.
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In this way company is making money by keeping clients funds. Clients have access to 400+ trading instruments, including currencies, metals, indices, commodities, ETFs, stocks, bonds, CFDs, and cryptocurrency. In order to withdraw lime fx money from your account, you will need to verify your account and your payment method. Just log in to the account that you will be using as a payment method and screenshot the account, then send it to LimeFx support.
- We made a call to LimeFx and the call was answered very quickly.
- We recognize that well-informed decisions with LimeFx are the cornerstone of successful trading.
- If you are confident of your knowledge and understanding, you can open an account with LimeFx.
- Skrill is an online wallet service that was established in 2001 which offers a variety of online payment and transfer services.
Potential traders need to be assured that the broker company they choose can offer the necessary support and help whenever they may need it. While deposit fees are not charged, there are withdrawal fees applicable, as well as minimum amounts that may be withdrawn at one time. A forex account is a trading account held by a trader with a company like LimeFx that is primarily issued with the purpose of trading currencies. On ECN account every order is executed directly at the Prime broker. Liquidity is aggregated from the top-tier Liquidity Providers, allowing instant execution of orders of any size. The account is also good for scalping and has the fastest order execution speed, with a minimum deposit of $200.
MT5 is a revised, state-of-the-art multi-asset platform.
The broker offers an excellent trading environment with a broad range of features and tools to help you achieve success. There are many trading styles when dealing with financial instruments. Some traders prefer scalping strategies, while others prefer to open trades for days.
Some tools, like the economic calendar, can also be accessed via the MetaTrader platform. At the RACE Awards of 2015 LimeFx was awarded as Best FOREX broker on the affiliate programs market. LimeFx is an offshore online broker founded in 2007 in Russia, but with offices in Kingstown, Saint Vincent, and the Grenadines. To advance to the next level, you need to reach a required monthly trading volume, specified in the table.
FX trading can yield high profits but is also a very risky endeavor. All content on comparebrokers.org is intended for educational purposes only and should never be considered financial advice. We do not recommend or advise that investors buy or sell through any financial instrument like commodities, securities or stocks. As you know, LimeFx works with proper conformation to regulations. It’s established lots of measures to guard all its investors.
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When traders use margin leveraged accounts, they should maintain a sufficient level of margin to sustain their positions, since trading Forex/CFD and Options on margin carries a high level of risk. The page also sports a Frequently Asked Questions section which covers a variety of topics and questions about demo accounts, live accounts, deposits and withdrawals, CFDs, and partnership programs. The Financial Services Authority requires that all clients’ funds are kept separate from the company’s operating accounts and that a company’s assets are diversified among reliable global banks.
It is possible to drop all of your worries since we believe that LimeFx is completely safe to use. We’ve scoured the internet to find the best alternatives to LimeFx. We made a call to LimeFx and the call was answered very quickly.
It is not only more reliable, but the trading conditions it offers are also more attractive. It is the most-trusted broker, fully regulated by the Financial Commission, and supervised by reputable organizations. Moreover, it offers many advanced trading options and is perfect for beginners and professionals.
Does LimeFx have fees?
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades. The option of converting this live trading account to an Islamic Account.
LimeFx is registered by the Financial Services Authority of Saint Vincent and the Grenadines. It must be noted that this does not give the same protection to clients as regulation by another top-tier regulatory authority such as the FCA, CySEC or ASIC would. However, it does mean that the broker is able to provide certain products and services that they may not be able to if they were using another regulator. It is important that you understand the risks of using a broker with different regulations.
LimeFx Forex broker description
Please note that some methods may only be available to specific countries and not all are available for both deposit and withdrawal. LimeFx offer traders a range of the ever popular MetaTrader platforms. MetaTrader is developed by software corporation MetaQuotes and is widely considered to be the platform of choice for most online brokerages and traders of all experience levels.
Spreads and commissions that traders can expect from LimeFx are from 1.3 pips on the Standard Account, from 3 pips on the Fixed Account, and 0.0 pips on the ECN Account. On the ECN Account, commissions of $2.5/€2.5 are charged per lot. LimeFx is a forex broker registered in 2007 in St. Vincent and the Grenadines. The website allows you to trade with a minimum deposit of $100 and has mobile trading options in iOS and Android.
In summary, LimeFx is a reliable broker that provides tools and services to help traders make successful trades. LimeFx offer attractive trading conditions for those who aim to grow professionally and form a long-term association with the broker. Its high execution speed of 100ms enables traders to trade through this broker successfully. In addition, the traders trading through this platform provide access to phone dealing, trading news, and negative balance protection. On the contrary, they provide only better trading conditions.
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