Accounts at LimeFX can be funded using USD, Bitcoin or Ethereum . There are usually no documents required for account registration, although this may be necessary for specific scammed by limefx situations. The MultiTerminal version of MT4, coupled with the PAMM accounts that are available, is aimed at advanced and professional traders who juggle multiple accounts.
The Zero account has spreads from 0.0 pips and a competitive commission of 0.0035% per trade per side. Beginners are likely to be more attracted to the Fix Account ($10 minimum deposit), which has spreads from 2.0 pips and no commissions. While the Fix Account spreads are higher, they are fixed, which means that they are not exposed to market volatility. The spreads here start from 0 pips, but in exchange for that, traders pay a commission of 0.0035% per trade per side. The Pro account raises the stakes a bit, but it remains very accessible to the average trader. For that money, traders who register for such an account, get spreads starting from just 0.9 pips – quite an improvement over the Fix Account.
Please verify whether the broker is authorized to provide its services in your country of residence in accordance with the legal regulations that apply to its business. To make an ideal decision, traders need information that’s exact, true, consistent, insightful, and accessible. At Forex Forum you can explore meaning-full, reliable and actionable discussions followed by the professional trader’s advice. “Over the past 10 years, our company has earned a reputation as fairly conservative,” says LimeFX analyst J. – We offer only proven products to our customers, but we cannot ignore such a phenomenon as cryptocurrencies. There are now thousands of them, and LimeFXs in most of them are excessively risky.
Here it is possible to open the deal with the volume from 0.01, and there are no account maintenance fees. The balance is displayed in both fiat currency, BTC and ETH. The company was established about 10 years ago in Vanuatu and is an offshore broker. It is managed by Nfx Capital Vanuatu Inc which has its own affiliate companies including the company located and regulated in India. The company has a network of offices and representative offices in China, and India, a large office is located in Russia and Cyprus.
In addition, there is a Trader’s Calculator on the broker’s website to work out profit and total margin for a given price movement, number of pips and leverage. LimeFX’s education section features a Learning Center, a Glossary of Terms and https://limefx.group/ a special section for Forex tutorials. Most of the video tutorials are only available to registered users. Scores of technical indicators come pre-installed with the software that can be downloaded for free, from the LimeFX website.
Apart from having holds licenses to provide financial services. LimeFX also achieve few award as they get involved into the forex trading industry. As for 2018, LimeFX has achieved few awards such as Best Affiliate Program, Best Forex Broker Asia and Best Social Trading Network from Forex Awards Rating. In LimeFX forex education, you can also find few of forex trading strategy for you to choose to make money with forex trading. If you know well enough in forex trading and want to start doing real trading.
Is LimeFX A Market Maker?
Daytrading.com may receive compensation from the brands or services mentioned on this website. You need to contact the support team by email at or by phone (country-specific helplines can be found on the broker’s website) and request your account to be closed. Customer support is available 24/5 and a small FAQ section is also present on the broker’s website. They can help with any questions you may have, including country-specific complaints , demo account login, user agreement issues, and more.
Simply click on the ‘Open an Account’ button at the top of the webpage and enter your details. Once complete, you will receive login details and can access your account on the MT4 platform. It is also possible to open a demo account if you first want to test your trading strategy using virtual funds. Mobile platforms-wise, the broker features iOS and Android versions of MT4. These apps offer trading off the charts, seven time frames, as well as some 30 technical indicators.
- LimeFX has a demo account that traders can login to on the MT4 platform.
- Especially suitable for people who have a limited time for trade on the exchange.
- 79.9% of retail investor accounts lose money when trading CFDs with this provider.
- They are including the link for opening the trading account ,Banners and Landing Pages.
Customers also have the option of guaranteed stop-losses, limit orders, plus automated trading. In addition, LimeFX is running a ‘refer a friend’ promotion deal. Where users refer a friend that goes on to make a deposit, the referrer receives 10% of that deposit as a cash bonus. To begin with, of the 80 banks that submitted their forecasts for this pair in June, only 23 predicted its growth to $ 1.15 by the end of this year. In conclusion, a couple of words about the main events that can influence the trend directions and the volatility of the pairs under consideration.
As for the Dollar, it could not strengthen against the Euro and other major competitors in the outgoing year. Even more modest forecast has been given by Rand Merchant Bank in summer, it expected the rate to be at the level of $ 1.12 by the middle of next year. About the same growth – up to $ 1.13 was mentioned by Bloomberg in its study as well. Among the most accurate were the analysts of DZ Bank AG – Germany’s second-largest bank, but they did not expect that already in early September, EUR/USD would come close to the height of 1.21.
- Highly leveraged trading opportunities plus a $0 minimum deposit make it popular with beginners and seasoned traders.
- You can reach the customer support through phone, email or chat.
- You can follow the traders and gradually learn the successful strategies.
- They have an established track record and offer a wide range of asset classes to trade, as well as a fully functional demo account and excellent customer service.
- The options of either managed funds or automated LimeFXs are clearly accessible and require limited customization to deploy.
In addition to it, they also secure the services of a personal account representative. The Fix account features some limefx courses scam 28 FX pairs, as well as gold and silver. Cryptocurrencies have been made available through a different website.
LimeFX Funds and LimeFX Products
Be mindful that the two variations of the brand could have different minimum and maximum trade size requirements. Nord FX is regulated by CySEC and fully compliant with the MiFID. Their services are compatible with Meta Trader 4 and there are over 160 assets to trade. The website is well structured for easy navigation and there is 24/5 assistance for clients in the event of any questions or queries. It is slightly odd, and rare, to come across a broker brand which has a regulated and unregulated version for the same broker.
With LimeFX, you can start and doing forex trading as it also a trust forex broker. You can open account with Bitcoin and Etherium with using the LimeFX platform. This forex broker where i knew from my fellow trader who use LimeFX as a trading platform is quite a nice to use especially when it get involve in forex education. Users can create a demo account with $10,000 in virtual currency before proceeding to open a genuine account.
With over 1.7 million accounts opened across almost 190 countries, this is a worldwide company that provides LimeFX services to the UK and beyond. 73.85% of retail investor accounts lose money when trading CFDs with this provider. 81% of retail investor accounts lose money when trading CFDs with this provider.
Over 15 various payment methods are available for clients to carry out these operations. If you want to start promoting LimeFX and refer your friends to account registration with LimeFX, you will not gonna need to worry about the promotion material. The material on referral your clients is provided by LimeFX marketing team. The number of accounts opened in LimeFX by clients from almost 190 countries has exceeded 1,250,000 as of today. This selection of methods available allows flexibility with traders who may opt for more than one funding method, or allow them to use their preferred or most familiar methods.
It comes with £10,000 of virtual funds and you can choose your account leverage rate. The paper trading account can help beginners learn how to use the platform. More experienced clients may also find it useful to practice their investing strategy, whether looking to hedge, scalp or swing trade. LimeFX offer three account types catering to different markets, ranging from beginners to professional traders.
This does not, however, imply that LimeFX is a risky or unreliable platform; orders can be processed in less than half a second while being completely secure. This is accessible for both iOS and Android, albeit the functionality is limited in comparison to the PC version. The condition for withdrawal is that payment will only be made to account holders on Nord FX. Professional account — the initial amount, with which it is possible to open such an account — $50, which is not a big sum, but the conditions are much better than in the previous tariff.
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This does, however, mean that potential clients can opt for either or, depending on their residency acceptance to either of the versions. The broker also has social media accounts on Facebook, Twitter, Instagram, LinkedIn, Pinterest, YouTube and Telegram. These can be useful sources of information; the Facebook account gives details of upcoming economic events and weekly market forecasts.
- At the same time, you could also check the spreads this way, too.
- The condition for withdrawal is that payment will only be made to account holders on Nord FX.
- The number of accounts opened in LimeFX by clients from almost 190 countries has exceeded 1,250,000 as of today.
You can reach the customer support through phone, email or chat. There are a lot of very big company and established to get your money invested and gain profits according to the fund that you invested. With using the Metatrading Platform MT4 and MT5, you can use any kind of trading strategies and technique. You can use scalping, swing, intraday or use any indicator that are available on the trading platform.
The platform offers you a threshold of lower deposit for instant and easy start. However, it is also possible to manually control all the trades. I bet if you are advance forex trader and know all the basic of doing forex trading. I believe, you are looking for a trading strategy that you can win the forex trading and can make money with. Forex.Academy is a free news and research website, offering educational information to those who are interested in Forex trading. Forex Academy is among the trading communities’ largest online sources for news, reviews, and analysis on currencies, cryptocurrencies, commodities, metals, and indices.
Bank Transfer (CardPay Ltd/AstroBank) – a full table is available on the website with how fees are set out, which can be up to 60 euro per transaction. Customer service is provided 24 hours a day, seven days a week, and there is a tiny FAQ area on the broker’s website. The Vanuatu Financial Services Commission has granted the company a license . In comparison to a more stringent governing organization like the FCA, the requirements are quite lax.
More than 1.7 million accounts have been opened on the site in 190 countries since the company’s start. The starting amount on the client’s account, depending on the type of account from 10 to 100 dollars. Of course, for a full-fledged trade, this is probably not enough, however, the decision to increase the capital is solely up to the account owner. The standard account — giving all tools for real trading, will suit absolutely the majority of beginning players. Thus execution of transactions occurs in the shortest terms.
There are a lot of forex strategy in LimeFX forex education that you can learn, practice and trade. With the forex education provided by LimeFX, you can find the Beginners Course which i can say that is suitable if you are zero and know nothing about forex trading. Here in LimeFX also they are providing the forex aducation material that i can see is complete for the beginners to learn how to trade forex trading.