LimeFx partners with numerous liquidity providers to significantly limit the risk of illiquidity. In volatile market conditions, LimeFx will execute orders at the market price that is the best available. For the forex market, one market will close when another opens thanks to markets in New York, Sydney, Tokyo, and London. This is a notification that your account lacks sufficient equity for supporting the open positions.
This is why management has visited more than 120 cities worldwide to meet with clients as well as partners. LimeFx feels that human interactions have a high value and always aims to deliver those interactions. Anyone interested in trading with LimeFx should also be aware of areas where it is not available.
- LimeFx Group also supports copy and social trading from expert advisors with MT4.
- Plus, there are a further 43 video tutorials on all aspects of using the MT4 platform.
- The company boasts that over 99% of its trades are executed in under one second and matched without any problems retrieving quotes or orders being rejected.
- We have down a comparison on leverage for offered by LimeFx vs two other highly trusted brokers that are regulated by the FCA.
At the time of writing, there are 12 documents in this section, all available for download as PDFs. Now, it is an industry leader and a well-established investment firm. LimeFx currently has more than 300 professionals, each of whom has long-year experiences within the financial industry. All you have to do is to log in to your account, click on “change leverage”, select the preferred leverage and click on “request”. Bаѕеd on thе specific account type you choose, уоu will еithеr bе рriсеd аt a fixеd оr vаriаblе ѕрrеаd.
LimeFx also makes sure that its traders are kept informed with educational materials and strategies for trading at a basic level. A comprehensive suite of videos and articles on various subjects provides elementary education, while a section for live analysis in various markets helps keep traders informed about current trends. It hosts free weekly webinars on popular topics, highlighting its investment in user education. 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. LimeFx has an excellent educational area for clients new to trading, including videos, tools and live webinars it’s one of the best educational areas we have seen with a broker of this type. Finally, the Advanced Education Room is open to anyone with a funded LimeFx Account.
Now available – For clients with an equity of less than $40k – T&Cs apply – Read more. If you are already an LimeFx client with an MT5 account, you can open an additional MT4 account from the Members Area without having to re-submit your verification documents. However, if you are a new client you will need to provide us with all the necessary verification documents (i.e. Proof of Identity and Proof of Residency). All of the usual forms of deposit and withdrawal are available with LimeFx, such as Neteller Moneybookers, debit and credit cards and Skrill.
The number of Forex pairs available is in line with the industry standard, as is the number of stock indices. However, the lack of any cryptocurrencies to trade is a disappointment and as if often the case with many brokers, there are no bond markets or ETFS on offer. A multi-asset trading platform is a trading platform that allows clients to trade not only in forex but also in other asset classes including stock indices, metals or energies. MetaTrader provides a relatively straightforward user experience with all functionality placed logically such as tools for analysis, order history and open trades, charting, and more. The LimeFx app (free to download for both iOS and Android devices) gives users genuine extension of trading functionality on the go through the MT5 platform. Through the app users can research their investments, track their portfolio and easily manage their account.
Losses can exceed deposit
Shares Accounts are always Islamic and have a minimum deposit of $10,000. There are no trading bonuses, no deposit bonuses, and hedging is not allowed. You can view all of the relevant legal documents for LimeFx on the Legal Documents page of the website. This includes documents such as terms and conditions, the bonus program, the loyalty program, the conflicts of interest policy, and more.
100 percent of orders are executed, with an impressive 99.35 percent executed within a second. If you use the trading platform outside of these hours, trades will not execute. For overnight positions, LimeFx prides itself on offering competitive and transparent swap rates. The rollover policy is that LimeFx will credit or debit client accounts and take care of rollover interest. You can monitor both the free and used margin, which combine as the equity.
Besides the 1000 + CFD products covering a range of asset classes, and regulators including the CySEC, FCA, ASIC, IFSC, and DFSA, you can open an account with a minimum deposit of $£5. The award-winning broker also offers a combination of low spread- high leverage, MT4/MT5 platforms, multiple funding methods, and 24/5 customer support. MetaTrader 4 was designed by taking into account all the requirements of the 21st century technology and thus it ensures flexibility at its very best, the core of this being mobility. This is exactly why the MT4 mobile trading option allows investors to also access the trading platform, apart from their Windows and Mac operating system based PCs, directly from their smartphones and tablets.
How Is LimeFx Regulated?
As they are completely reliant on MetaTrader platforms, those familiar with the sector can easily utilize the broker as it is similar to a lot of other offerings out there. More than 14 languages are catered for through the customer support service at LimeFx. You can reach them no matter what time of day it may be through limefx courses scam their live chat feature. You need to have an MT5 trading account to trade stock CFDs. It put me off but I opened an account anyway and it has been a very good experience. I have done more than 25 withdrawals from winning trades in 2 months and all withdrawals come back to my bank account in less than 2 minutes!!
The LimeFx brand (LimeFx Group) is a group of online regulated brokers. The group’s first entity was founded in 2009 in Cyprus (regulated by CySEC under license 120/10) under the name Trading Point of Financial Instruments Ltd. 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.
Max Leverage
You can also find a separate Technical Analysis page on LimeFx. This page has recent expert technical analysis on a range of crucial assets and their movements. Additionally, there are built-in help guides for MT4 as well as Metaquotes Language 4. It also allows for the creation of custom indicators as well as time periods.
Great experience
Spreads on this platform start at just 0.6 pips and there is the option of micro lots. Market orders can be filled with up to 50 lots (or 5 million). Those who want to trade even larger quantities https://limefx.biz/ with market orders have two options. You can place the trade by phone or divide the order into several smaller ones. For further fund protection, LimeFx also has a stop-out level.
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. LimeFx strives to offer a range of learning opportunities for traders of all skill levels. The goal is to give traders the skills needed to make improved trading decisions. LimeFx has already hosted hundreds of these seminars, with even more planned.
Mobile Trading- Android & Apple Support
Residents from certain countries cannot receive services from LimeFx Global Limited. These include the USA, the Islamic Republic of Iran, and Israel. Yes, only for an international bank wire transfer for a deposit /withdrawals of less than $200 (equivalent denomination). If you are in the UK or EU it is easier to fund the account via your debit/credit card, Skrill, Neteller payments or even Money bookers. Out of all the above-mentioned options, choose the option you prefer and click on it. You will be redirected to a page concerning the chosen method.
The Trustpilot Experience
To help clients manage real-time risk exposure, LimeFx offers the ability to monitor your margin. If you’re a resident of the EU it may look as if you are short changes by the considerable leverage changes. ESMA’s reason to implement change so retail traders can take more of a cautious approach to risk management and not to mismanage leverage.