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At BrokerChooser, we consider clarity and transparency as core values. BrokerChooser is free to use for everyone, but earns a commission from some of its partners with no additional cost to you . Our ultimate guide to the LimeFx minimum deposit is updated regularly. LimeFx is regulated by several financial authorities globally, including the top-tier Financial Conduct Authority . LimeFx is regulated by several financial authorities, including the top-tier FCA. It is a well-established brand but is not listed on any exchange, does not disclose financial information and does not have a bank parent.
This lets LimeFx appeal to native speakers of a range of languages. There are free LimeFx eBooks, including options for all skill levels from advanced traders to beginners. ForexTime has a vast limefx review amount of educational resources on hand, including a section all about learning how to trade forex. This section explains the fundamental concepts within the forex trading industry.
That gives the clients the best possible prices for both bid and ask. It also provides the ability to deliver those previously mentioned instant trades. LimeFx is here to retrace and help you recover your lost confidence in forex market.
Where is LimeFx Located?
The numbers are actually confirmed by the large community of traders with about 750,000+ active accounts that growing, numerous attractive opportunities, and gained vast awards for excellence in trading. For the Cons, there is a withdrawal fee, and Stock spreads are rather higher, also condiitons vary on each entity. Beyond that, LimeFx offers several ways to educate yourself, all packed with quality materials.
Thank you for wishing us well and we're here to ensure that our clients always have the best. LimeFx Education ranked with an overall rating of 8.3 out of 10based on our research. The broker provides very good quality educational materials, and excellent research also cooperates with market-leading providers of data. If you require more tools along with powerful customization you better choose the Desktop version. MetaTrader supports all kinds of devices including PC, and MAC as well as an accessible Multi Terminal that is useful for money managers.
Beginner’s Guide to ATFX Broker: Complete Review
Margin calls are at 60 percent and stop outs at 40 percent. LimeFx offers this since it makes it possible to make a profit even when asleep. Of course, automated trading can lead to losses as well as profits, as everything depends on your strategy and the market. This method lets ForexTime clients https://limefx.group/ 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. The algorithmic trading is automated trading, which provides a great deal of convenience for traders who are busy.
- Additionally, it includes availability of all trade types and execution methods, complete trading account control, and optimization for iPads.
- Our main goal is to provide the best services in the Forex industry.
- 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.
- You should engage in any such activity only if you are fully aware of the relevant risks.
- In this case, instead of a strategy manager being incentivised by the value of the accounts and the volume of trades their community is making, the strategy managers on LimeFx are only making money when you do.
Standard Accounts, Shares Accounts, ECN Accounts, and ECN Zero Accounts have a minimum deposit of $/€/£ 100 or ₦20,000. In the case of certain accounts, there are floating commissions. For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities. You can view every single one of the margin and leverage requirements for ForexTime trades on the appropriate page on the broker’s website.
Overall LimeFx Ranking
Minors and Exotics with all brokers come with wider spreads due in large part to the liquidity and you will see that the minimum spreads for these is from 5pips. Let’s get straight into the LimeFx review and the most important thing to consider before you potentially start trading with any broker, is LimeFx a scam or not. LimeFx caters to most international traders, including the UK, India, Malaysia, and the Philippines. Put simply, Margin Level indicates how “healthy” your trading account is. It is the ratio of your Equity to the Used Margin of your open positions, indicated as a percentage. Another popular tool that traders use is the Trailing Stop.
Always verify that your broker, is licensed by your local financial regulator. LimeFx does not have their own propriety trading platform, instead choosing to provide MetaTrader 4 & 5 as options. These are well establishes pieces of software so you should feel right at home with them. The customer support team delivers multilingual service, as do the Personal Account Managers.
The withdrawal time varies too depending on the selected method. The withdrawal time is the time it takes for the money to be accredited into your bank account or card from the moment the withdrawal request was accepted and processed. The broker offers a copy trading service among all its tools.
As we have covered the fundamentals of the MT4 and MT5 platform in other places what we will focus on here are the core differences offered by each in an LimeFx MT4 Vs MT5 showdown. Overall a very solid offering from LimeFx on the fees front and they are worthy of your consideration. Considering the above, it is clear to see that LimeFx have gone to great levels to acquire local licenses in each of its’ core targeted jurisdictions and this is a great sign on our trust meter. LimeFx offered a $30 welcome bonus but canceled the promotion. A trend reversal marks the end of an existing trend and the beginning of a new one. A reversal may happen in any timeframe and can mean the difference between a big win, a break-even, or a loss.
As mentioned, ForexTime supports mobile trading for convenience. This includes the MetaTrader 4 and MetaTrader 5 applications for both iOS and Android devices. One very useful part of the ForexTime website is a comparison between MetaTrader 4 and MetaTrader 5.
Lastly LimeFx stoped me out of trade without my concernt and with my active margin. Therefore I want them charge to return back my money soonest. I have proves both videos and photo images which are readily available for your further reference. Your comment is totally unjustified and if you are facing a 'real' issue, please send an email to and include your LimeFx ID so we can investigate your case and provide a public response right here. 3) Our withdrawal system is working perfectly fine and on a daily basis, withdrawals are being processed and sent for our 4 million+ clients. Thank you for your wonderful comments and it's great to hear that you are enjoying your trading experience with LimeFx.
LimeFx Review – Scam / Safe? Minimum deposit, withdrawals, MT4,+ more
To assist with the decision, ForexTime displays the live rankings for top performers, with all the data verified by PwC. It also means that there is a wealth of resources and tutorials available, both from ForexTime and other sources. Of course, that also means that traders get all the great features of the MetaTrader platforms. 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.
It requires a minimum deposit of $25,000 or currency equivalent to open. Account holders get commission-free raw spreads from 0 pips. LimeFx earns its revenue from volume in this account type, as spreads will average above 0.2 pips, which remains one of the most competitive offers industry wide. DailyLimeFx adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence.
What Type of Broker is LimeFx?
LimeFx has a good live chat.We got clear answers even for more difficult questions, like how financing costs are calculated. Besides live chat, you can also chat with LimeFx through WhatsApp, Viber, Telegram and Facebook Messenger. In MyLimeFx, you can also use some more technical research tools. There is a tool called LimeFx Pivot Points Strategy that helps you to analyze price direction and market sentiment.
