Till this day I had the best experience with them I hope this continues to the future. Thank you for your honest comments and we’re glad you are having a hassle-free trading experience with LimeFx. We always do our best to improve our processes so our clients enjoy their time with us. If you have any suggestions for improvement, please do share it with us and we will do our best to implement them.
There’s a lot to offer here for casual and first-time traders thanks to a large backlog of trading guides and a fully-featured mobile app that lets you modify your positions on the go. Newcomers to foreign exchange trading will appreciate ForexTime’s vast library of educational resources. Here, you can explore ebooks, forex trading webinars, and glossaries of common forex trading terms. ForexTime also releases weekly market analysis videos filled with expert advice about new trading strategies.
From news flow to technical analysis-based trading ideas, LimeFx offers a lot of research tools. On the negative side, fundamental data is not available. In design and functionality, LimeFx’s MetaTrader 4 desktop platform is almost the same as the web trading platform. One major difference is that you can set price alerts on the desktop trading platform.
LimeFx trading is regulated by these organizations based on the specific branch that a trader signs up with. LimeFx is an award-winning premier global exchange broker that provides traders with the ability to trade CFDs and Forex on a global platform. It uses the latest technology and lime fx highly sophisticated mathematical algorithms to give its customers excellent results. We are specialists in leveraged trading, giving you the potential to generate financial returns on both rising and falling prices across FX, indices, commodities, shares and cryptocurrencies.
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You can have up to 100 orders or pending orders with this account type. This type of account has a margin call at 40 percent and a stop out at 20 percent. With a Standard Account from ForexTime, there is a minimum volume of 0.01 lots per trade. It supports standard, mini, and micro lots and a maximum of 30 lots per trade.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. We found that FLimeFx withdrawal options are widely available including bank transfers, e-wallets, and cards. As an example, Credit Cards withdrawal features a $3 fee, while Bank Transfer will cost $30, and WebMoney will charge 2% above the requested amount.
- If it doubles, the LimeFx traders have huge profits, but if the opposite happens, traders are at a huge loss.
- When you use LimeFx Trading Signals, you can choose a strategy based on your trading style and risk profile.
- There are also forex trading strategies, forex trading videos, general forex educational videos, and educational articles.
- Although ForexTime is one of the newer brokers, it has been growing at a fast pace and has earned numerous awards in it’s lifetime.
- There are specific countries in which they do not provide their services.
It also includes encryption of data transmission as a way to stop unauthorized third-party access and data theft. The encryption includes server authentication and user identification policies. Thus, ensuring the data gets sent to the proper server and customer terminal. To participate in the program, register your account with ForexTime. Then, go to MyLimeFx where you will find the option to join the promotion. It lets you combine three popular indicators with five calculations for pivot points to improve your financial strategy.
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They also include 4 take-profit levels, 2 daily updates before the opening of the US and EU trading sessions, and protective stop-loss to protect your capital and minimize risk. This method lets ForexTime clients create their trading strategy or choose the strategy of someone else. They can then use an automated trading system, such as Expert Advisors, to follow the trading strategy. LimeFx Invest lets people who are starting out trading copy the trades of those who have a proven record of success. This also works for those who simply do not have the time to make complicated trading strategies. Cent Accounts also have instant execution, tight floating spreads, and a SWAP-free option and work with MT4.
LimeFx offers a range of different account options to suit most types of traders from beginners to pro, each has different pros and cons so make sure you take time to look at what each offers. ForexTime offers dozens of deposit and withdrawal methods as a way to appeal to a wide range of clients. Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers. This is also another trading platform developed by Metaquote software.
Education
Another popular tool that traders use is the Trailing Stop. Trailing Stop is placed on an open position, at a specified distance from the current price of the financial instrument in question. Trading is the buying and selling securities, such as stocks, bonds, currencies, and commodities, to make a profit.
To have a clear overview of LimeFx, let’s start with the trading fees. First, let’s go over some basic terms related to broker fees. What you need to keep an eye on are trading fees and non-trading fees. We ranked LimeFx’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. Kindly send us an email to with your MyLimeFx number, trading account number and all the information regarding the aforementioned situation. We will be glad to check everything and provide you with a detailed response.
Here’s our expert view after checking the LimeFx trading app. The longer track record a broker has, the more proof we have that it has successfully survived previous financial crises. Protection matters for you because the investor protection limefx reviews amount and the regulator differ from entity to entity. Yes, it is regulated by theFinancial Conduct Authority ,Cyprus Securities and Exchange Commission , and theFinancial Services Commission of the Republic of Mauritius.
The third step is to provide information and fill the questionnaire with trade experience. The second step is to select the account that the trader wants to trade with. There are several options that could be checked out on the website of the broker. This service is registered and regulated in the UK, South Africa, and Cyprus but does not serve customers in the USA, Canda, Japan, or a handful of other countries. The MT5 app uses the MQL5 MetaQuotes Language 5 and has some expanded capabilities compared to the MT4 app. For example, the MT4 app has 6 different time frames for technical analysis, while the MT5 app has 21 different time frames to choose from.
The broker Forextime is regulated to operate all over the world. It can accept clients from Europe, Latin America, Australia, New Zealand, Africa and Asia. LimeFx is a leading Forex and CFDs trading platform founded in 2011. It is regulated by many authorities around the world and considered to be one of the most secure thanks to its top-tier FCA regulation.
Advantage Plus Account
You can’t set alerts and notificationson the LimeFx web trading platform. This feature is available only on the desktop trading platform. The LimeFx web trading platform hasgreat customizability.You can easily change the size and the position of the tabs.
Portfolio and fee reports
Once your account has been approved, you can then make a deposit using one of the many methods available. Based on our research we found out that LimeFx offers a user-friendly platform with all the tools and resources you need to trade successfully. LimeFx or Forex Time has been named as one of the world’s fastest-growing and best Forex and CFD brokers, with a large number of clients and quality offering overall. The platform provided by LimeFx is the most popular forex trading platform in the world, MetaTrader’s MT4. As a third-party agent provides this software, registering for an account and downloading the platform requires new users to agree to licence agreements with MetaTrader. This process is relatively straightforward and involves simply reading and clicking on agreements.
To do that it is necessary to follow the instructions sent from the Broker by email and select the right server, enter the account number and the unique password. Its interface is very clean and https://limefx.group/ clear and similar to the Metatrader 4 App. The App is available on iOS and Android devices and can be directly downloaded from the App store, entering the name “LimeFx Trader – Forex Trading”.
Another calculator is the LimeFx Invest Profit calculator. This calculator has you input your LimeFx amount, your expected profit, your profit share, and your gross withdrawal amount. This will give you the amount paid to the manager based on the profit share and the net withdrawal. There are 8 timeframes, real-time updates with commentary, a user-friendly interface, and downloadable pivot point indicators. Also, over 250 financial instruments, and MACD, moving averages, and momentum.
LimeFx Invest is the new tool of Copy Trading the broker has. Beginners, called “Investors”, can copy the trades from “Strategy Manager”, who are professional traders. This helps less expert traders to learn a new strategy and grow their investing skills. Also the deposit and withdrawal process is very efficient, making the broker one of the fastest in the market.