LimeFxFX Broker İncelemesi 2024
Multiple payment options including credit cards, debit cards, Skrill, Neteller and Bank Transfers, make it convenient for clients to fund their accounts using their preferred payment method. With an unrestricted number of traders to copy, clients can create a balanced trading strategy for themselves. To make it easier, LimeFxFx has a Copy Trading app developed differently from the mobile app. Clients can initiate a withdrawal by logging into their trading accounts and clicking on the withdrawal option, visible on the homepage.
Range of Offerings
He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFx’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics.
LimeFxFX Demo Account
The maximum volume for this account is 500 lots with a minimum volume of 0.01 lots. The process is relatively straightforward and simply requires you to upload a government-issued ID such as a passport, driver’s license, etc. And a proof of address which can be a utility bill, bank statements, or residency permit. As with your email address ensure that the personal details entered are correct, as the broker will require that you verify your identity to withdraw money.
What Demo Account Does LimeFxFX Offer?
LimeFxFX is a well established forex and CFD broker that has undergone some serious global growth over the past few years. Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004. Justin has published over 100 finance articles from Forbes, Kiplinger to Finance Magnates. He has a Masters and Commerce degree and has an active role in the fintech community. LimeFxFX has quite an extensive research and education section on the company’s website.
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LimeFxFX offers 3 primary trading platforms which include MetaTrader 4, MetaTrader 5, and LimeFxTrader. With the custom option, you will be able to adjust your account type between a real account and a demo account. It also allows you to choose your trading platform and your leverage ratio manually. LimeFxFX is an easy-to-use Forex trading and CFD trading platform more suited to beginners and intermediate traders searching for a provider with a user-friendly trading platform. The broker stands out for its copy trading features which make it seamless for newbie traders to quickly start trading.
How are Execution, leverage and position sizing with LimeFxFX?
- But traders who may want other options as trading platforms would find LimeFxFX limiting.
- Here is a look at a couple of other fees that you may encounter when trading with LimeFxFX.
- This means no commission costs in addition to the spread with these spreads starting from 0.8 pips for the EUR/USD currency pair.
- We couldn’t leave this review without highlighting some areas where the broker could improve.
- Traders, on the other hand, practice their skills using fictitious money in a practice account rather than actual cash.
For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page. LimeFx offers barely 230 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments.
It provides access to a suite of advanced tools and features, making it suitable for both novice and experienced traders. There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied. LimeFxFX offers demo accounts for users who want to test their trading strategies or are just starting with forex and crypto CFDs trading and need practice.
To withdraw funds, customers’ free margin has to exceed the withdrawal amount, then they have to complete the verification process and get their accounts verified. The broker claims to process all withdrawal requests received within 1-3 hours. Depending limefx website on the withdrawal method used, the minimum withdrawal amount is $5. However, customers can withdraw as many times as they wish and withdrawal is free. This broker charges no fees on currency conversion during deposits and withdrawals.
This gives customers the ability to optimize their overall earnings. Once this step has been completed, traders can access their Personal Area. Traders may make deposits by logging into their Personal Area accounts and selecting the “Deposit” option from the dashboard menu.
The process also gives you plenty of information about trading in forex markets. It’s always nice to have extra security tools thrown in and LimeFx provides more than most. The LimeFx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals.
The broker has a minimum deposit of 480 NAD or an equivalent of $25 when you register a trading account. LimeFxFX’s customer support team is proficient in multiple languages to accommodate its diverse global clientele. Whether you prefer to communicate in English, Spanish, Portuguese, Indonesian, or other supported languages, their team is equipped to provide effective assistance. The broker’s customer support is available 24 hours a day, 7 days a week to help traders in any way that they can.
The overall trading experience with LimeFxFX is that the platform is simple to use but may be considered basic by experienced traders. The spread on this account is a floating one and starts at 0.6 pips. LimeFxFX social/copy trading https://limefx.vip/ allows inexperienced traders to copy the trading strategies of experienced traders to maximize profit. The copying trader is referred to as the Copier while the trader being copied is known as the Master Trader or Master.