They can be contacted via live chat, phone, email, regular mail, WhatsApp, and Telegram. The FAQ section is especially useful for people who are comfortable figuring things out on their own. LimeFxFX has a section dedicated only to forex education on its website, including key articles. There isn’t much educational content, however, about how to trade and different market dynamics, other than a trading glossary and many Frequently Asked Questions (FAQs). Despite the fact that the broker has a YouTube channel and a blog, you may be left unsatisfied. LimeFxFX provides a web interface for copy trading that connects to its MT4 platform.
You can also set Stop Loss and Take Profit here to make your order close automatically if the price gets lower or higher. As a beginner, you can simply track the general direction of the price on the chart and open Buy orders when it goes up or Sell orders when it goes down. This may not get you a guaranteed profit every time, however, it is a good start for developing your strategy. 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.
How to use the essential tools of the LimeFxTrader web terminal
Often smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, since it does not involve taking on big risks in the hope of huge profits. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform servers exchange data through encrypted servers, and the platform uses RSA digital signatures.
This broker can be a good choice for you if you live within the EU and are satisfied with its limited selection of tradeable assets. It can also be a good choice if you are looking for a company that makes forex copy trading as easy as possible. If you prefer a broker that gives you access to a large selection of tradeable assets, then you are better off choosing another EU-regulated broker. We’ve created and keep improving LimeFxTrader to help you earn more efficiently. The platform adopted a charting technology by TradingView.
The minimum investment amount differs with every Master Trader. You can set up copying in equal, double, or triple volume or you can specify the preferred copy proportion manually. You can also add support funds to increase your investment.
LimeFx Markets Cyprus Ltd is a Cyprus-based company regulated with licensing from the Cyprus Securities and Exchange Commission (CySEC). This is the company that LimeFxFX uses to offer forex trading within the European Union. Accounts belonging to traders who reside within the European Union will be placed within this company and will see their accounts regulated by CySEC. CySEC offers much better legal protection, and your legal protection is, therefore, a lot stronger if you open an account with LimeFx Markets Cyprus Ltd. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots.
- The one good thing about a floating spread over a fixed spread is that a floating spread is smaller than average most of the time.
- Copiers have the ability to manually close open positions, allowing them to be in control over their own portfolios.
- BlueStacks 5 installs in less than a minute, and your Android apps launch 40% faster than in previous versions.
- LimeFxFX acts in full compliance with international legislation and regulation standards.
- As soon as the transfer is complete, you’re ready to go—return to the LimeFxFX Copytrading App and go straight to subscribing to a Master Trader.
- They allow you to predict short-term and long-term price changes, respectively.
The online broker is licensed and regulated by the Financial Services Authority (SVGFSA). Our experts confirmed incorporation on 15th September 2011 and found an active regulatory registration under the trading name. It is important to note that SVGFSA does not regulated Forex trading nor binary options trading. This means that all Forex trading done through LimeFxFX.com is unregulated. All withdrawal requests are processed within 1-3 hours during business hours, though the time taken for funds to clear back to the original payment method may vary. Note, some local payment methods may also be offered depending on your country of residency. This includes international bank wire transfers for citizens of Thailand, India and Nigeria, for example.
Is LimeFxFX A Market Maker?
LimeFxFX’s investment in establishing a proprietary copy trading service, which it also introduced as a mobile app, is a plus for LimeFxFX traders. Traders can also follow signal providers, which are called Master Traders by LimeFxFX. With LimeFxFX, users can open MT4 or MT5 demo accounts with no time limits. The MT4 demo account expires after 8 days of inactivity, while the MT5 demo account will expire after 30 days of inactivity. After that I see many give 5 stars comment all the name like fake acc ?
In September 2022, the Indian Enforcement Directorate (ED) froze several bank accounts belonging to LimeFxFX India and related companies for illegal forex trading. The company’s mission is to provide outstanding forex and CFD trading services, via cost-effective, transparent conditions on a worldwide scale. The broker offers 80+ trading instruments including currency pairs, commodities, indices and cryptocurrencies. 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. Additionally, MT4 offers nine timeframes, four pending order types and one-click trading. LimeFxFX users can fund their trading accounts using a variety of payment methods.
It allows you to practise trading without risking your funds. You don’t need to make any investments—simply specify the amount of simulated funds you want to add to your account upon creation. Expert Advisor (EA) can help traders make more informed decisions. They can be programmed into the platform to automatically execute trades on a live platform.
How to start trading on LimeFxTrader via web or the LimeFx Trading App
Our team is doing their best to fix this issue at the earliest. Kindly contact us at & share your account details so that we could seek other possible payment solutions https://limefx.vip/ for you. The idea of making the trading space more comfortable was the start. Only the traders themselves could give us a better insight into their preferences.
If you need a simple, limited tool to practise your trading skills—choose MetaTrader. If you’re looking for something more powerful and modern yet simple enough to learn and master—LimeFxTrader is your best bet. You can view and manage all your orders in the ‘Orders’ section. To close an order, pick it from the list and press ‘Close’ in the ‘Edit order’ window.
Trade with a global broker to achieve your investment goals.
It offers excellent trading and analytical tools, and is flexible enough to implement simple as well as highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies. Traders can rapidly top up their accounts with their preferred payment methods using the Deposit History tool. The programme enables traders to save time while transferring funds and trade using a variety of methods, such as leveling or scalping. Trade online through the app with customer support available around-the-clock in English, Indonesian, Chinese, Malaysian, Hindi, Urdu, and other languages. You can trade CFDs, other assets, and foreign currencies on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms using the LimeFxFX Trading App.
LimeFx gives you the EDGE
The flexibility of MT4 and MT5 accounts allows traders to choose their deposit amount and leverage, resulting in a more realistic demo experience. They’re perfect for testing EAs and fixing bugs for algorithmic traders. Founded in 2011, LimeFxFX has amassed more than 6 million users all over the world. With its swap-free offering and attractive incentives and bonuses, it keeps gaining more and more market share. We looked into this broker to see if the commission-free and swap-free MT5 trading environment lives up to its boasts. During registration, you’ll be asked to start a trading account.
This is particularly useful to stay up to date with upcoming market closures such as public holidays. The minimum deposit is USD100, regardless of what type pf account you choose to open. The average limefx website spread for the EUR/USD currency pair is 0.7 pips, while the USD/CAD is offered at 0.8 pips. Major indices, including the NASQAQ, are offered at an average 0.6 points, which is competitive.
Go to the ‘show all’ option, and cryptocurrencies will become visible. The most popular, showing open, high, low and closing prices, including high and low prices for each period. Bullish and bearish candlestick charts are usually displayed in two different colours.
The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA. The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. LimeFxFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution. Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques.