The firm’s accounts are Shariah-compliant and no interest will be charged on overnight positions. Reductions on spreads of up to 14 points include the following currency pairs; EUR/USD, GBP/USD, USD/JPY, NZD/USD, USD/CHF, and USD/CAD as well as EUR/AUD, EUR/GBP, GBP/JPY, https://limefx.club/ GBP/CAD, NZD/JPY, among others. Exact spreads and commissions will vary depending on the account type you hold. Traders can choose between MT4 Micro, MT5 Pro, or the cTrader ECN account. From this Wallet, you can transfer it to any of your trading accounts.
How can I open an account with LimeFx?
LimeFxFX’s consistent recognition in the industry highlights its position as a trusted and innovative broker in the competitive world of forex trading. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. When it comes to education, LimeFxFX realizes the importance of your continued development and progress in the sector.
Account Opening
Before submitting, prospective applicants must read and ensure that they understand the Customer Agreement. You have the flexibility to invest any amount for any length of time with the LimeFxFX Copytrading program, and you may take out your earnings whenever you choose. You may effortlessly manage your investment no matter where you are in the globe since all the configurations are straightforward to understand. For this reason, the balance sheets of the broker and those of its customers are maintained completely distinct from one another.
Can I use MetaTrader 4 on mobile devices?
As mentioned before, there are three main account types that you can use at LimeFxFX. The choice of these accounts will determine the platform that you trade on and the fees that are applied. LimeFx is a Forex broker providing ECN trading and CFDs on Indices, Metals, and Cryptocurrencies via MT4 and MT5. It offers diverse trading accounts, copy trading, bonuses, and extensive research tools.
These requirements can be seen as buffer funds and they must be substantial. In order for a broker to become licensed by CySec it needs to pass some rigorous tests, in addition to complying with regulations, and undergoing monitoring on a continuous basis to ensure compliance. This is regulated by the concerned authority in Cyprus, the Cyprus Securities and Exchange Commission (CySec). LimeFxFX is a well established forex and CFD broker that has undergone some serious global growth over the past few years. In most cases, if your documents are submitted correctly, verification should only take up to three hours. To open a position, complete the order form by selecting ‘buy’ or ‘sell’ and amend the volume in lots.
LimeFxFx Payment Methods
It is great to see the broker supports clients with different religious beliefs although this is pretty standard nowadays. Whether you want to trade Forex, Stocks, Commodities or Indiceswe will help you find the best online broker for you from 400+ brokers for clients based in theUK, Europe, Asia, South Africa and Australia. If you’re interested in comparing LimeFxFX against other popular brokers in the industry, check out our LimeFxFX Vs pages. Our team has compiled a series of detailed LimeFxFX comparison articles, pitting the LimeFxFX platform against some of the best-rated LimeFxFX competitors in the market.
These cover such aspects as their customer service and STP spreads. There are a host more awards on their websites but we are only listing those from reputable sources. If you deposit at least $50 then they will give you half of the initial deposit as bonus funds.
- We would strongly suggest that you use the PC or web-based version for some of your more advanced trading.
- You have the flexibility to invest any amount for any length of time with the LimeFxFX Copytrading program, and you may take out your earnings whenever you choose.
- The demo account is completely free and gives users unlimited demo access to practice with.
- The Demo Account replicates the performance of a genuine account, providing a realistic representation of forex trading.
A ranking system evaluates the trading history of each Master Trader with LimeFx. Detailed statistics on their trading strategy and performance are also accessible. The Master Traders are typically experts with years of proven experience crafting a winning strategy.
Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. At ForexBrokers.com, our reviews of online forex brokers and their products and services are based on our collected data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The security of your funds – in terms of regulatory protection – will depend on which LimeFx entity holds your account, and which –if any – relevant regulations provide customer protections. It’s worth noting that LimeFx’s primary execution venue is one of its own entities in St. Lucia. I signed up with LimeFxfx like every other trader, but i was not disappointed like i was with others, first, it has the fastest withdrawal ever within the twinkle of an eye, likewise deposit.
Copied orders with a volume below 0.005 lots will be rejected while copied trades from 0.005 lots and above are rounded to 0 01 lots. LimeFxFX always rounds up the volume of any order to the nearest hundredth decimal point. To use copy trading on the platform, you must have a verified LimeFxFX account with a funded wallet. If you need some support outside of the hours or would prefer to get a quick answer yourself then there is an FAQ’s page with a range of relevant questions and answers.
This is a high-risk investment and you should not expect to be protected if something goes wrong. Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
This app allows users to enjoy a smooth trading experience and keep track of executed orders from anywhere. We’re truly delighted to hear that you’ve had a great experience with our platform over the past four years. We are committed to providing you with top-notch service and continuously improving our platform to meet your needs.Stay updated on our latest news and promotions by joining our social media platforms. It’s great to hear that you find them trustworthy and well-regulated. Your feedback regarding the app’s loading time and the need for additional features is valuable. Improving the user experience is essential, and your suggestions will be helpful for future updates.
The risk management system ensures that clients cannot lose more than they initially invested as risk is limited only to the funds you have deposited into your account. LimeFxFX MetaTrader 5 (MT5) is a multi-asset trading platform with an extensive range of trading features and financial research tools. Besides the ability to trade Forex and CFDs, LimeFxFX MT5 offers access to trade Futures, Stocks, Algorithmic Trading, ETFs, and Indices.
You can use the filter to evaluate Master Traders based on the commission structure that best suits your preferences. LimeFx provides recommended allocation amounts for each Master Trader to facilitate effective investment limefx broker reviews allocation. You can copy trades fully or proportionally to your trading balance versus the Master Trader. The former results in superior trading results, as it adjusts your positions based on portfolio size and leverage.
Depending on the payment method you choose, the steps to add funds to your account will differ. Once you begin copy trading, the app gives access to detailed statistics on how your investments are performing. This includes your profit amounts, equity, floating profit, percentage of your gain, and the breakdown of your investment success with every Master Trader. The maximum volume of copied trades on LimeFxFX is 100 lots while the minimum volume of copied trades is 0.01 lots.
