Often smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, since it does not involve taking on big risks in the hope of huge profits. LimeFxFX is a legitimate company registered in Saint Vincent and the Grenadines and regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). The EU entity is registered in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online. Our experts were also offered the chance to win real funds by participating in the LimeFxFX Champion demo contest.
When we used LimeFxFX’s trading terminals, the new order process was similar and relatively straightforward. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
There are prize denominations of $500, $300 and $100 for the first, second and the third positions, respectively. All possible trading strategies and EAs can be used in this contest. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help make predictions. https://limefx.group/ The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform servers exchange data through encrypted servers, and the platform uses RSA digital signatures. At LimeFx, we provide our clients with the MT4 platform to enable them to carry out their trading activities efficiently and with complete peace of mind.
They are all relatively easy to use but also capable of performing complex analysis and order management. The broker also has their very own trading app which provides a modern and sleek interface for an enjoyable trading experience. Founded in 2011, LimeFxFX provide limefx official site a fantastic selection of use-friendly yet powerful platforms for trading forex and CFD instruments with very competitive costs. You can choose from a decent variety of versatile account types, each designed specifically for different types of trader.
- By comparison, industry leaders Saxo Bank, IG, and CMC Markets all offer over 10,000 tradeable instruments.
- LimeFxFX’s market research is well organized and varied in its content.
- So if u all not yet to download make sure see comment first after u use this app.
To add indicators tothe charts, simply click on ‘Add All Events’ in the calendar menu. LimeFx Markets Cyprus Ltd does not offer its services to residents of the USA, Canada, Belgium, and the UK, as well as other jurisdictions outside the European Union. The Multiple Instances functionality from BlueStacks will allow you to run multiple programs or accounts simultaneously.
the LimeFxfx trading app
Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. LimeFxFX’s award winning customer support team is available 24 hours a day from Monday to Friday. Customer support is provided via online chat, telephone and email in English, Indonesian, Malay, Thai, Hindi, Urdu.
We also offer educational material, as well as MT4 Demo accounts, so they can practice risk-free trading. To delete your LimeFxFX trading account, you will need to get in touch with the customer support team. Note, accounts are automatically deactivated if you never deposit or sign in to them. LimeFx Markets Incorporated is the international branch of the broker.
Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFxFX’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. MetaTrader 5, or MT5, is a next-gen multi-asset trading platform that will replace MT4 in the very near future.
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Multiple order types are supported with real time market execution and there is advanced risk management amongst many other useful features. MT4 is the complete platform to get started trading online and is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other. LimeFxFX is a forex and CFD trading platform that offers a variety of trading instruments, including currency pairs, commodities, indices, and cryptocurrencies. The platform is available as a web-based trading platform, a desktop app, and a mobile app, making it accessible to traders wherever they are.
The company was established in St. Vincent and the Grenadines and is regulated with licensing from the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) offer weak trader protection. Opening an account from one of the 185 countries where this license is used is considered high risk. The bespoke software enables users to track master traders and their live performance, control portfolios on the go, view how their funds are invested and manage risk in real-time. To download the LimeFxFX desktop app, traders can visit the LimeFxFX website and click on the “Download” button.
LimeFxFX is a forex and CFD trading platform
The overall score is therefore adjusted down due to the broker being unregulated. We do not recommend that you use this broker if you live outside the EU. Our Deposit History feature lets traders top up their accounts instantly with preferred payment methods. The app helps investors trade following various strategies and save time while transferring money. Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques.
The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features. Client funds are held in segregated accounts in accordance with international regulation standards. Keeping funds separate from the company funds means that they cannot access them for any other purpose.
LimeFxFX offers negative balance protection, so if your balance becomes negative, they will automatically adjust it to zero. The risk management system ensures that clients cannot lose more than they initially invested as risk is limited only to the funds you have deposited into your account. Traders living outside of EU will have their accounts placed under LimeFx Markets Incorporated. LimeFx Markets Incorporated does not have a license to offer forex trading and all trading is therefore unregulated. Traders outside EU can not trust LimeFxFX and should choose another forex broker instead.
Latest Version of LimeFx Trading App
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.
The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. LimeFxFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution. The LimeFxFX desktop app is a powerful trading platform that is designed for advanced traders who want to take advantage of advanced trading features and tools.
Trading on MT5 Supports All Order Types
The accounts can be opened in a limited choice of currencies, USD and EUR. I think they could improve by adding support for more currencies as the different options are beneficial because conversion fees do not apply when using an account in your own currency. Secure SSL encryption helps make your information confidential and inaccessible to third parties.