This means no commission costs in addition to the spread with these spreads starting from 0.8 pips for the EUR/USD currency pair. The broker uses a no-dealing desk trading model which means they send your trades directly to the liquidity providers who will be the counterparty for your order. You will also find this model has the advantage of no requests and very few rejections since market rather than instant execution is being used.
If you decide to close your LimeFxFX account, it’s important to do so with the LimeFxFX broker customer support and obtain confirmation that no remaining LimeFxFX fees are due. You must be diligent and thorough in your LimeFxFX review selection process to safeguard your hard-earned money. It’s crucial to do your due diligence and research the reputation, track record and trust worthyness of LimeFxFX.
Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. The financial products offered by the promoted companies carry a high level of risk and can result in the loss of all your funds. Lastly, we must remember XTB as another alternative, best if you are looking for a broker which has been on the market for close to twenty years now.
By exploring these articles, traders can stay updated with the trends and advancements in the forex market—a valuable resource for well-informed. LimeFxFX offers compatible mobile trading with both Android devices. Traders can conveniently keep track of market conditions and any location using these.
- There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
- We tested the LimeFxFX trading platform again but with the demo account login.
- Mobile trading is one of LimeFxFX’s strong suits; all the apps are available for Android and Apple devices and through each provider’s app store.
- 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.
Of course, it will also give you an opportunity to earn passive income from the spreads and rev share. If you want to start copying traders on the platfom then you will first need to create a live account. Once you have your account up and running you can head to the leaderboard and choose the masters that you would like to copy. The compensation is either charged as a commission per lot that you trade or a piece of the spread as a revenue share. You can think of this as the fee that the master is charging to let you follow them. Copytrading gives you the ability to copy some of the most successful traders on the LimeFxFX platform.
This can be a good solution for those of you who don’t have the time or knowledge to trade manually. However, there can be no guarantee on how good or bad the signals will perform. I personally like to maintain full control over my trading as I feel like you can become a better trader in the long run when you learn from your mistakes. Client funds are held in segregated accounts in accordance with international regulation standards. Keeping funds separate from the company funds means that they cannot access them for any other purpose.
Mark has over 15 years of experience in financial analysis, forecasting,
and financial modelling, identifying new market opportunities in Stocks, CFDs, Forex and Commodities. You will be exposed to a high risk of loss regarding leverage and margin-based trading. Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with LimeFxFX involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing.
LimeFxFX Trading platforms
However, due to regulations LimeFxFX does not accept clients from Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America. You can use debit or credit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. You must bear in mind that PayPal isn’t available in every country. The monies LimeFxFX accepts for deposit are USD, GBP, AUD, EUR, NZD, CHF, ZAR, SGD, JPY, CAD. LimeFxFX has a wide variety of over instruments available for you to trade with. You can download the LimeFxFX app or also trade with LimeFxFX through the MetaTrader 4 application on the Apple app store.
Copy Trading (Social Trading)
Special competitions are also run on a more ad-hoc basis for the most successful and active traders on the site. When considering both price structure and range of instruments to trade, the MT5 Pro account is generally the best of the three options. The cTrader account is not far off but is limited to 28 forex pairs and 2 metals markets but offers a differential by being a commission-based account.
All payments made to LimeFxFX by traders are securely held in a segregated bank account. Easy deposit and easy withdrawal, those the company is harsh on secret spread. The company made me improve through their webinars and helps with bonus to raise the lot during trading. I think like working https://limefx.club/ with this company, I don’t know about others. LimeFxFX has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence.
This is particularly true of the forex currency pairs being offered. Opening an LimeFxFX live account requires a little more time and information, but is still relatively hassle-free. Here you can just utilize the broker website to electronically upload proof of your identity and residence. limefx scam Following this, you are ready to trade forex and many other markets. LimeFxFX has introduced a blog section on its website featuring articles contributed by industry professionals. These articles delve into market analysis, trading recommendations, and economic developments.
You must also ensure the LimeFxFX broker’s profile, trading tools, fees and regulation aligns with your needs and goals. Dear Rohaida Binti Adam,We’re delighted to hear that our traders prefer LimeFx as a trusted and great company. Feel free to contact us through social media if you have any questions or if there is something we can do for you. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
Traders can now manage their LimeFxFX portfolios using a customized mobile trading app. It has been downloaded over 10 million times on Android smartphones. The success of LimeFxFX’s proprietary copy trading service prompted the development of a mobile app.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose. Although we found some very useful aspects of the LimeFxFX platform that would be useful to some traders. It’s worth noting that the expiration date of the proof of address document may differ for different entities under LimeFxFX Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience.