If you want to expand your research, and evaluate some options similar to this broker, you can consult the alternatives to LimeFxFX. As with any broker or service, no matter how excellent they are, and popular they become, there will always be a few areas to improve on. ID documentation must be submitted in line with KYC requirements. In most cases, if your documents are submitted correctly, verification should only take up to three hours. There is also an Islamic swap-free account for those worried about whether trading is haram or halal. To open a position, complete the order form by selecting ‘buy’ or ‘sell’ and amend the volume in lots.
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- The broker offers 80+ trading instruments including currency pairs, commodities, indices and cryptocurrencies.
- Steven Hatzakis is the Global Director of Research for ForexBrokers.com.
- Demo accounts are especially important for beginners as they allow them to practice their strategies and get comfortable with the trading platform without risking real money.
- It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more.
- Copytrading gives you the ability to copy some of the most successful traders on the LimeFxFX platform.
- Autochartist on the LimeFxFX platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
As is the case with most other brokers, LimeFxFX has included a host of educational materials and resources for their traders. If you want to start copying traders on the platfom then you will first need to create a live account. Once you have your account up and running you can head to the leaderboard and choose the masters that you would like to copy.
LimeFxFX Free forex signals
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. LimeFxFX traders can navigate the platform and find the information they need to make informed trading decisions. Autochartist on the LimeFxFX platform is a powerful tool designed to help traders find trading opportunities quickly and easily. LimeFxFX is one of the few brokers that offer both of the MetaTrader platforms; MT4 and MT5.To see how the two platforms compare, you can read our comparison of MT4 vs MT5 here.
LimeFxFX allows mobile trading (app)
The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years. For example, LimeFx clients in the European Union benefit from the oversight of the Cyprus Securities and Exchange Commission (CySEC). CySEC requires that clients have negative balance protection, which means they cannot lose more than their deposit. As stated on their website, over 21 million trading accounts have been opened across 180 countries with LimeFx. We regret any inconvenience your friend may have faced and assure you that we are always available for all our clients.
It is also important to point out that all of these accounts have a minimum lot size of 0.01 with no cap on the maximum size of lots that you wish to trade. If you have an ECN account then you won’t be paying either a swap or an overnight fee. However, you will be paying a fixed “Lot commission” on the lots that you trade. Moreover, on the crypto side they only have three cryptocurrency pairs being Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH). Given that this is a European licence it means that they are allowed to offer their services to clients across the EU.
As mentioned, Metaquotes develops a mobile application for both the MT5 platform as well as the MT4. These are perhaps one of the most downloaded trading apps in the world and have been perfectly honed over the years. CTrader is also quite a sophisticated platform and comes with a host of features. For example, it comes with level 2 quotes as well as access to the FIX API.
Information found in this website are to be used at your own risk, Skrumble will be not liable for any loss or profit that derivates from the use of those. LimeFxFX offers customer support via phone, email, Live Chat, and inquiry forms. LimeFxFX offers CFD trading, meaning you cannot buy or own a cryptocurrency on the platform. Rather, you can only be exposed to the price movements of the particular cryptocurrency pears that you intend to buy or sell. LimeFxFX also features a MetaTrader 5 ECN platform that allows for fixed commissions and spreads from 0.1.
Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. When it comes to education, LimeFxFX realizes the importance of your continued development and progress in the sector. They particularly cater very well for the new traders with an excellent basic training in forex including topics like how to get started with the broker, ECN trading, and technical analysis. Trading hours are the times when a particular asset is available for trading. With LimeFxFX every asset except for crypto is available for trading on a 24/5 basis, Monday – Friday.
The LimeFxFX offering of a Micro Account still features quite sizable deposits and trading capabilities. LimeFxFX is a forex broker that boasts a large number of users and many features and tools. LimeFxFX has many aspects that set it aside from other forex brokers. LimeFxFX.It’s essential to take the time to learn about the financial markets and understand how they move before diving into trading with LimeFxFX. Familiarizing yourself with the LimeFxFX trading platform is crucial to use it effectively. With Autochartist, LimeFxFX traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs.
It also allows you to choose your trading platform and your leverage ratio manually. The demo account is also perfect for experienced traders who wish to back-test or forward-test their strategies and practice their trading skills before proceeding to trade in the Live accounts. 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. Customer support is available on a 24/5 basis when the markets are open, and comes in a number of forms. These include phone support based in the UK, Hong Kong, and Indonesia, email contact, and a website based live chat facility which was both extremely prompt and helpful when tested.
Experienced traders can take advantage of the advanced features in the MetaTrader platform, such as automated trading. There is also the possibility of earning extra money as a Master Trader within the copy scammed by limefx trading platform. 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.
If you have at least $500 in your LimeFxFX account then you can download and install the Autochartist trading signals plugin for MT4 & MT5. This tool will automatically conduct technical analysis by scanning the charts for trading signals and will alert you when it finds them. You can specify what signals you want to receive and the https://limefx.group/ quality level of these signals (based on historical performance). You can optimise your stop loss and take profit levels with the volatility analysis tool and stay informed about the latest market movements and trading opportunities with Autochartist market reports. I think this is an excellent tool for finding customised signals.
Orders are also processed much more quickly without any order queues. This is the platform that will give you the STP access with some of the lowest spreads on the market. However, there are a range of different features that are have been packed into the MT5 platform. These include things such as market depth charts as well as an economic calendar right there on the platform. If you wanted to see the commission that you would pay on particular Islamic compliant trades then you can visit this page.
