LimeFxFX Review: Key Findings for 2023
MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one. MT5 has 44 analytical objects, including Gann, Fibonacci retracements, Elliott Tools, Geometric Shapes, and more. Apply objects on charts manually, set calculation parameters, and customize the appearance of graphical objects according to your taste. We are constantly improving our product to make your trading experience better.
CTrader is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). I would say this is the platform of choice for the professional trader. However, it is not available through many brokers so you could limit your options should you decide to switch brokers down the line. That being said, you can get cTrader and the MetaTrader platforms from another top broker in Pepperstone. We do not limit the array of assets available on demo accounts—trade anything you like and diversify your skills.
- Download our app and keep track of your orders whether you’re in the office, on vacation, or at home.
- Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
- I think this can be a good way to practice your trading strategies and build your confidence without any risk.
- This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other.
- It is super easy to download and install the terminal on any compatible device.
Minimum deposits at LimeFxFX will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFxFX entity you choose for establishing limefx scam your trading account. Founded in 2011, LimeFxFX holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LimeFxFX provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA).
How to log in LimeFxFX?
This can help to prepare trades if you are in a rush or just not that good at maths. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Read our full explanation and accounting of our research and testing process to learn more about how we test.
To practise your trading skills safely, try opening a risk-free Forex demo account before creating a real one. With the LimeFx demo account, you get a full trading experience while using only virtual funds without risking any real money. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots.
How to login LimeFxFX account?
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. Make sure to check all bonus terms and conditions before participating. When we used LimeFxFX’s deposit bonus scheme, we were only permitted to withdraw a reward after completing the minimum volume requirement.
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. LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu. They claim that a small percentage of clients actually contact customer support as their services are usually smooth and reliable enough.
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Register for LimeFx’s long standing Forex Demo Contest, which has a $1,000 prize fund and lasts for a month. To participate in this contest, simply register for a new Demo account. There are prizes of $500, $300, and $100 for the first, second, and third positions, respectively. 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. Traders who live within the EU will have their accounts placed under LimeFx Markets Cyprus Ltd. LimeFx Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and traders within EU can therefore trust LimeFxFX.
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for.
There is also an integrated economic calendar as well as two major accounting modes for greater flexibility; hedging and netting. Traders living outside of EU will have their accounts placed under LimeFx Markets Incorporated. https://limefx.name/ LimeFx Markets Incorporated does not have a license to offer forex trading and all trading is therefore unregulated. Traders outside EU can not trust LimeFxFX and should choose another forex broker instead.
Each year, we collect thousands of data points and publish tens of thousands of words of research. Identify trends and support or resistance levels for price forecasts with MetaTrader 5 charts. Enable trading robots to see changes in currencies, indices, and other security quotes.
The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) offer weak trader protection. Opening an account from one of the 185 countries where this license is used is considered high risk. The average 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. LimeFxFX aim to minimise trading costs with 97.5% of orders executed without slippage through the STP (Straight Through Processing) and ECN (Electronic Communications Network) models implemented. What this means is that you can get your trades placed on the markets at the best available prices at all times.
LimeFxFX has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers.