- Forex Trading
by Cemre Ceyhan
The Autochartist helps you find the best trading opportunities in the market, using a huge range of indicators and algorithms to make your trade as gainful as possible. MetaTrader is the most commonly used trading software, it is easy to download and use, and it contains a large number of indicators and charting options. The LimeFX MetaTrader platform can be used as a web trader or by installing the app. However, they might deactivate the trading account if certain conditions are met.
After email verification, you can log into the LimeFX personal area where you will be prompted to upload your identification and proof of address documents. The waiting time could be up to 24 hours before your new account is approved. After that, you can make deposits, download the trading platforms and commence trading. Account holders can send or receive funds via an ewallet, virtual bank account number in local currency, or a reloadable prepaid MasterCard debitcard. Money received can then be withdrawn to a bank account or used online / at points of sale with the Payoneer debit card. This company is a specialist in cross-border B2B transactions.
Please read LimeFX Reviews below and share live trading experiences with this broker. We do not provide LimeFX advice or solicitation of any kind to buy or sell any LimeFX products. Trading carries a high level of risk and may not be suitable for all investors. You should consider whether you understand the risks involved. More importantly, you can reduce your risk with Pelican by adjusting your copier settings and replicating as many trading tactics as you like.
- A comparative analysis can put things into perspective so that you are aware of what to expect.
- The asset selection, aside from the Forex market, is notably limited.
- You’ll need to provide an identity evidence and proof of residency to deposit substantial sums.
- LimeFX is a non-dealing desk broker, which has a similarity to an ECN broker.
- Apart from the MT4, there is no other trading platform available.
- Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money.
In line with the regulator’s provisions, clients’ funds are segregated in the best commercial banks. So, it is safe even if the brokerage fails, the funds will be returned to the original depositors. LimeFX is a global forex and CFD broker that operates across several jurisdictions including Africa, Asia, and Europe. The broker boasts 350,000 client accounts from over 200 countries and has executed more than 385 million trades. LimeFX was founded in 2014 and headquartered in London, UK.
You need to register your email address as a demo account user. However, the classic account has a relatively wider spread than other accounts, the spread here starts from 1.6 pips. The minimum deposit required for this type of account is 100 units of any base currency (USD – EUR – GBP). Most traders prefer brokers that offer more than one type of account, this also helps the broker attract different classes of traders. LimeFX accounts options are suitable for beginners and professionals.
- Trading is smooth and fast processing is provided by European servers.
- I think this is top-tier regulation and have no problem trusting the broker.
- They follow different strategies and give projections keeping in mind the market movements and economic news.
- The first kind of charges to keep an eye out for are trading charges.
LimeFX MetaTrader 4 trading platform is empowered with news headlines, where you can see events relevant to your traded markets, and make your trading decision on the go. LimeFX broker makes it easy for traders to use their mobile devices and manage their funds. The MetaTrader 4 can be downloaded on any Android or iOS device where you can have access to every chart you would see using the desktop trading terminal.
Mobile Trading Platform
I am always checking the news prior to making any trade decisions. If you use a broker that has MetaTrader 5 such as Admirals, you will get an economic calendar built-in the platform. I find this more convenient than switching between tabs to check the news.
LimeFX offers a mid-range product portfolio of 80+ trading instruments. The trading instruments comprises FX pairs, Stock Indices, Commodities (Oil/Metals), Bonds and Cryptocurrencies. You have enough LimeFX opportunities with LimeFX to optimally diversify your risk and build a bespoke portfolio regardless of your interests.
Customer service is available via phone, email, or live chat, and you can send an inquiry form. You will find that email support and phone support are the fastest way for you to reach customer service since they have a very fast response time. The postal service and live chat take longer than they should, but the live chat takes screenshots of their explanations to expedite your customer service experience. However, the LimeFX customer service is not available 24\7.
LimeFX allows every strategy and also automated programs.As mentioned above you can rent a VPS server very cheaply. In connection with theMetatrader 4it works without problems and the setup is very simple. Program automatic programs for your trading or use provided trading systems. Today, more than 50% of order executions are made automatically in the Forex market. They are leveraged derivatives that can be traded on a variety of values.
Does LimeFX accept Neteller?
Different strategies followed by the successful traders of history are deeply operated with critical analysis. Besides this, the reasons for any major fluctuations are also discussed in detail to give more market exposure. Pelican’s easy-to-use https://limefx.name/ interface is compatible with iOS and Android devices. It provides an ideal platform to learn from and chat with the most talented traders and mentors available. It automatically tracks and analyses patterns of master trader’s performance.
- We do not provide LimeFX advice, offer or make solicitation of any LimeFX products.
- So, it’s largely the choice between spreads and commissions – whatever you choose.
- Sure, there are differences, and they will affect your routine, but in a slight way.
- New clients have the opportunity to trade with free trading funds, without having to make a deposit.
Over 12,000,000+ users registered with them can affirm to their trustworthy nature. Other deposit methods you can embrace are Neteller, Skrill, Rapid Transfer, and iDeal. Besides online banking, wire transfer is an opportunity as well, though it takes about 4-7 days. Overall average email support from LimeFX was acceptable. We tested the live chat on LimeFX and it worked flawlessly. We sent messages through the LimeFX livechat via their app and web site and received a response within 20 seconds.
We kindly ask you to contact our Support department at , providing your withdrawal request Reference number to check on our side. We will be happy to check the information and provide you with detailed responses to all your questions. Skrill holds a number of licenses enabling it to offer its services across Europe and around the world. Skrill is managed via Paysafe Payment Solutions Limited, an entity that is incorporated in Ireland and regulated by Central Bank of Ireland, for its European controlled operations. LimeFX, regrettably, does not provide guaranteed stop loss. LimeFX gives a chance to its dealers to close their trade at their given price.
Since the calculation is sometimes confusing, LimeFX offers a forex calculator. With this calculator, you can determine your risk and the position size in just a few seconds. LimeFX is a trueNDD broker (Non-Dealing Desk)with well-known liquidity providers.It is traded herewith excluded conflict of interest between broker and customer. Between 74-89% of retail investor accounts lose money when trading CFDs. Precious metals are often considered as safe havens and a way to diversify a trading portfolio. The broker lets you trade CFDs on gold and silver against the US dollar with competitive spreads.
Confirm that you would like to receive special offers and newsletter from the Forex broker. No Restrictions on Strategies – Traders are free to implement as many strategies as they wish, including arbitrage, scalping, and hedging. One of the two eBooks offered is largely promotional and lacks educational value. Autochartist enhances the research capabilities of manual traders. LimeFX Prime is a promising feature but is geared only towards institutional clients. Both platforms are offered as desktop and multi-terminal versions, while only MT4 is also offered in a mobile version.
Their continued commitment to offering a fast trading environment with low instances of freezing platforms is another important factor worth considering. With this broker, you can rest assured your deposit is safe. That means, if your broker goes bust, you will still be able to recover limefx review your balance. Traders can fully customize their MT4 trading platforms according to their trading skills and goals. This platform has a user-friendly and feature-rich interface. It offers a trading environment that clients can fully customize to enhance their trading performance.
The low trading costs and high leverage make LimeFX an excellent choice for scalper and high-volume traders. At LimeFX, trading minor and exotic forex pairs are also available with no requotes and an ultra-fast execution speed of 20ms. FCA and CySEC regulations are tighter than most regulators in other countries require.
This LimeFX review will inform you of the different fees that you are charged, for trading or non-trading transactions. This LimeFX review will demonstrate the different regulations and security measures taken by this Forex trading broker. One-click Trading – This is a tool that enhances the functionality of the MT4 trading platform. Bonds – Invest on German government bonds featuring zero commission and competitive spreads. Finally click on the blue Submit button to create your demo account. Finally click on the green Open Account button to create a new trading account.
I have tried many other platforms but none can match the simplicity and functionality of MetaTrader in my humble opinion. The main feature from my point of view is that it is an ideal solution for running automated trading systems. I have multiple instances of MT4 running around the clock to test my strategies and compare brokers. The platform does everything that I need it to and much more. Another advantageous aspect of MT4 is that it is available through most brokers. Therefore, if you switch brokers later down the line, you won’t need to learn how to use another platform from scratch.
However, you will find the MT4 desktop trading platform to be very outdated in design and it does not provide a two-step login process as a form of verification. Overall, LimeFX is a highly recommendedbroker.You will save a lot of money because compared to other companies the trading costs are very low. Moreover, you will get personal support in multi-languages and you can start with a $100 deposit.
Before you jump into trading on LimeFX, you need to settle on an account type you want. There are several options, and they surprisingly don’t vary too much. Sure, there are differences, and they will affect your routine, but in a slight way. Each broker had the opportunity to complete an in-depth data profile and provide executive time for an annual update meeting. Additionally, you can view your past transactions and your full portfolio, so you can keep track on all your past performances.