LimeFx does not currently charge swap fees – the charge for holding leveraged positions overnight. The EU entity of LimeFx clearly states its regulatory status in the website’s footer. The offshore entity also references its corporate registration number with the Saint Lucia authorities at the bottom of each page.
How do I withdraw money from LimeFx?
- LimeFxFX is a multi-award-winning broker that provides traders across the globe access to trade Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals, Energies & CFDs.
- The range of available CFDs on indices is also better than average.
- The broker has a generous selection of high-quality trading tools which can be vital for analysing the markets and making informed decisions.
- The web-based LimeFxTrader platform is a beginner-friendly and convenient alternative.
They are all relatively easy to use but also capable of performing complex analysis and order management. The broker also has their very own trading app which provides a modern and sleek interface for an enjoyable trading experience. The MetaTrader 5 trading platform offers numerous templates and profiles to enable traders to change the colour schemes and analytical objects applied on the chart. MT5 has 21 timeframes for all financial https://limefx.club/ instruments, and provides more than 80 popular analytical tools, as well as the ability to construct charts based on other indicators’ data. Founded in 2011, LimeFxFX provide a fantastic selection of use-friendly yet powerful platforms for trading forex and CFD instruments with very competitive costs. You can choose from a decent variety of versatile account types, each designed specifically for different types of trader.
Free educational materials
Once you register, you’ll receive an email with your profile and trading account credentials. From there, you can log in to your profile to manage your funds, get bonuses, and take part in our promotions, or start trading immediately in the web terminal. Space is a unique live feed designed by LimeFx to get you fresh trading ideas right in the LimeFxTrader trading platform. Learn about the current trends for different pairs from the LimeFx experts and open orders on the same screen to save time and effort. LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday.
LimeFxTrader Web platform
Moreover, LimeFx is a crypto-friendly broker – traders can choose from 34 CFDs on cryptocurrencies and make deposits and withdrawals in crypto. 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. The broker provides you with a good range of educational materials including video tutorials, trading guides, FAQs and a glossary.
I would always prefer to use an ECN broker as I find they tend to have the lowest spreads and quickest execution speeds. Yes, traders can trade in shares via the LimeFxFX trading platform. Simply log in to your account, and go to the search box and type the asset name you wish to trade. Such as copy trading, multiple trading platforms, access to accounts through multiple languages, etc. Traders can also choose a practical/demo account before accessing the LimeFxFX live trading account.
Free Forex demo trading account
MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS. MT4 can also be accessed via Android, Windows, iOS, and macOS apps. We are constantly improving our product to make your trading experience better.
If you’re just starting out, a demo account is a better option than the real one. You don’t need to make any investments—simply specify the amount of simulated funds you want to add to your account upon creation. Open an LimeFx trading account and make a deposit—you need just $25 to start.
LimeFxFX offers CFD trading on forex, commodities, stocks, indices and cryptocurrencies. You can trade across the MetaTrader and cTrader suite of trading platforms as well as their own intuitive trading app. You can choose from a good selection of payment methods to make deposit and withdrawals. The funding options include wire transfer, credit/debit card, digital wallets and cryptos.
You will also find an economic calendar built-in the MT5 platform which could be more convenient to access and save you the hassle of switching between tabs. What this means is that you can get your trades placed on the markets at the best available prices at all times. It also means that they do not use a dealing desk which can eliminate any conflict of interest between you and the broker.
LimeFx excelled in the category of fees, with tight spreads in CFDs on forex and shares. It also bucks the industry trend by not charging swaps or inactivity fees. For both trading accounts (LimeFxFX MT4 and LimeFxFX MT5), all fees are reflected in the spread – there are no additional commissions charged. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
It’s up to you to choose among a great variety of platforms, but the criteria above will surely help you narrow down your options and settle for the optimal alternative. 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 limefx scammers articles about the online finance industry. Founded in 2011, LimeFx (formerly LimeFxFX) is part of a group of global entities, which include LimeFx Markets LTD (based in the island of Mwali) and LimeFx Markets Cyprus Ltd (based in Cyprus). LimeFx also provides financial services through its intermediary, Orinoco Capital (based in South Africa).
LimeFx has made great strides with its pricing options for traders and its educational content, but suffers from a limited range of tradeable instruments. We don’t take any commissions on deposits and withdrawals, and our spreads (difference between the Buy and Sell price) are among the lowest in the industry. If you have little to no experience, it’s better to avoid trading during major news releases, as the market tends to be highly volatile. You should also consider learning about the basic risk management techniques, as they will help you avoid losses from.
There are some essential criteria that you can use while doing your research on platforms. Margin is the amount of funds required to open new and maintain open positions. You can use our Trading Calculator to figure out your required margin. If you don’t have enough funds (for example, if your floating loss gets too high)—you might be asked to top up your account to keep your orders.