Additionally, its Live Education service provides Q&A sessions with expert instructors to clients of all levels in their native language to discuss strategies, market moves and news. Finally, the Advanced Education Room is open to anyone with a funded LimeFx Account. To access it, you must have deposited a minimum of $500 USD in the past three months. This room delivers real trading experience using real-time simulated trading conditions.
- Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange.
- For example, it was hard to figure out how to remove an indicator from the chart.
- Kindly note that the LimeFx WebTrader is part of the MT5 family of platforms and therefore accessible with the login and password a client would use to access the MT5 family of trading platforms.
- In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side.
- Finally, thorough compliance efforts with multiple financial authorities grants additional confidence that LimeFx is prepared to follow the letter of the law on behalf of its users.
We also drew up a more detailed rundown of LimeFx alternatives. In addition to learning the intricacies of risk management you will also master how to determine the appropriate position size for each trade based on your account size and personal risk tolerance. LimeFx is a large and well regarded company with some good offers and is well regulated so you can feel safe when choosing this broker to trade with. They don’t offer their own propriety trading platform, instead opting to support Meta Trader 4 & 5. Every education room has a systematically designed syllabus to help you strengthen your skills.
You cannot set alerts and notifications on the LimeFx mobile platform. However, we missed the usual search function where you can type in the name of an asset limefx courses scam manually. There are a few exceptions though; among others, you can’t open an account from the USA, Canada, China, Japan, New Zealand or Israel.
Founded in 2009, LimeFx group provides traders with the full MetaTrader platform suite by MetaQuotes Software Corporation. You are free to hedge your positions on your trading account. Hedging takes place when you open a LONG and a SHORT position on the same instrument simultaneously. LimeFx is a broker that has been around since 2009 and now employs more than 300 people. They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
There are 57 currency pairs on offer and they don’t offer any ETF products. This includes over 350 CFDs, as well as 57 currency pairs and 5 cryptocurrency CFDs. 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. We aim to help you find the best broker according to your own needs.
LimeFx Group Reliability & Security
They are also up there with LimeFx in terms of trading conditions. The instructions of how to access the mobile trading platforms can be found on the relevant page of the mobile platform itself on the LimeFx website. This broker stop me from trading by closing https://limefx.group/ my position without my stop-lose being hitted. Flexible leverage, tight spreads, Islamic accounts, and multilingual support are some of the biggest strengths. The company is officially registered and approved by three industry regulators.
To set these, you have to add your email address and mobile MetaQuotes ID (you can find it in the MT4 app’s settings). The broker offers an advanced trading platform as well as flexible trading conditions to accommodate a range of global clients. LimeFx’s expertise comes from in-depth knowledge of and experience with the global financial markets. LimeFx has extensive experience and offers support in more than 30 languages. This helps the broker appeal to those all over the world and of any skill levels. LimeFx also has 16 full-feature trading platforms for clients to choose from.
The balance of your account will be updated in real time to reflect the current market prices. Just keep in mind that there is a maximum of 200 positions that can be opened at a time. There is a library of free educational materials for LimeFx users including the likes of week interactive webinars and video tutorials. They always have the latest news from the world of forex as well as providing regular market analysis from the team of experts at the platform. They also have a range of tools and calculators that provide everything a trader needs when making certain calculations.
LimeFx has 2.5 million clients in 196 countries around the world. So far, it has executed more than 1.4 billion trades with an impressive zero rejections or requotes. The management team of LimeFx has visited more than 120 cities to meet with partners and clients.
When it comes to withdrawing from LimeFx, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. LimeFx always have a range of promotions they are running at any given time.
Discover Your Next Trade
LimeFx is a highly reliable trading platform that removes the uncertainty behind order execution while providing a high level of compatibility with MetaTrader 4 and 5. Investors who wish to trade ETFs should look elsewhere, but there are still an impressive number of assets available on LimeFx. Traders of all experience levels can learn to trade skillfully using the site’s inclusive educational suite.
Generate Passive Income With LimeFx Affiliate Program In Malaysia
This way, clients do not have to wait to get answers to important questions. Like most brokers, LimeFx offers a range of seminars and other educational tools to help traders enhance their skills. This includes hundreds of seminars that have already been hosted around the world, with more to come. You can view all trading conditions for each specific asset by visiting the asset class’s page. There, you will find minimum price fluctuations, starting point for spreads, swap values, average spreads, and value of a lot. An Islamic account is optional and the minimum deposit is $5.
What’s the difference between the LimeFx Zero Spread Account and Standard Account?
I like the fact that they take great pride in being a fair and reputable broker with all clients receiving the same trading conditions regardless of their investment size or trading experience. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. Our clients can choose to trade forex and CFDs on cryptocurrencies, stock indices, commodities, stocks, metals and energies, from the same trading account. With a wide range of trading instruments available from a single multi-asset platform, LimeFx Forex Broker makes trading easier and more efficient.
Forex Accounts
The mobile trading apps are especially useful if you need to access your trading account whilst on the go from anywhere in the world provided that you have an internet connection. Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account. With a wide range of trading instruments available from a single multi asset platform LimeFx makes trading easier and efficient. LimeFx offers forex trading (currency trading) on all its platforms. Our clients can choose the trading account that meets their needs and select the trading platform of their choice during their registration.
The right side of the screen shows some of the most common assets and their current spreads and prices. LimeFx gives clients access to a long list of algorithmic trading tools. There is full support for Expert Advisors and one-click trading. Choose from three chart types and use the technical analysis tools, which include 50 indicators plus charting tools.