LimeFX’s account-opening process is seamless and hassle-free compared to other ECN/market makers, and accounts are available for trading immediately. While LimeFX does not charge a fee for deposits it charges a commission on most withdrawal methods (click here for more on deposits and withdrawals). For example, a fee of 2.6% + 1.3 USD/2.6% + 1 EUR  applies to withdrawals by credit card or debit card. Based on our research, we have assigned the following ratings to LimeFX.

• Moreover, traders at LimeFX have the opportunity of well-protected exchanges on all order types.
• Besides the IFSC regulatory license, LimeFX has membership with the Hong Kong-based Financial Commission.
• Besides lots of currency pair,
  LimeFX also offers some instruments you would like to trade on, such as
  Forex, CFD and Metals for your best choice.
• 9 different kinds of interactive charts with the ability to adjust placements and arrange your workspace as you see appropriate.
• Don’t select any credit bonuses because they actually work as extra leverage, and nothing more.

Overall, while LimeFX offers a relatively limited selection of currency, indices, and cryptocurrency pairs, it maintains an excellent range of shares, ETFs, and commodities. The newer version of the MetaTrader platform suite, MT5 is being adopted by more traders all the time. MT5 incorporates all of the key features of MT4 and an optimised environment for EA trading. LimeFX also offers an Islamic Swap-Free account on which it charges a fixed commission. This Swap-Free service is only available on the Pro-Cent and Pro accounts. Compared to other brokers, eToro’s account opening process is fast, fully digital, and hassle-free and accounts are ready for trading immediately.

LimeFX Review 2020

Having a strategy for forex trading removes a bit of the guesswork out of the equation. It makes it easier to predict the outcome and trade on the foreign exchange market more successfully. That’s because it is one vital part of the currency trading process that will help you be successful. Not everyone can deal with the stress of high-risk techniques and fast-paced trading. LimeFX also offers several trading platforms, which we will list in a bit.

• Unlike regulators such as the FCA and ASIC, the IFSC has gained a reputation for being less stringent with regard to the regulation of financial services providers.
• In this case, you have to make sure that your strategy is well
  suited for the instrument you chose.
• In the event of a successful trade, a certain trader’s commission is removed from the investor’s profit.
• Due to the STP compliance, LimeFX provides a high level of liquidity profits to traders with no conflict of interest.
• These fees can significantly affect your profitability and so should be carefully scrutinised.

There are other tools like the LimeFX Analytic Center, R Trader Strategy Builder, Trading Calculator, Economic Calendar, and VPS. Dex-Trade is a universal exchange for both beginners and professional traders. The minimum spread and high liquidity in order books allow you to trade efficiently with orders of any volume.

Brokers

Initially, it was first named as Currency Management Corporation and later renamed as xcritical. Copy trading enables individuals in the financial markets to automatically copy positions opened and managed by other selected individuals. In copy trading, https://limefx.vip/ your trading results fully depend on the trading performance of your followed traders. In other words, he’ll likely do the right things as he doesn’t want to jeopardize his investment—which is aligned with the interests of the shareholders as well.

Compare LimeFX alternatives for your business or organization using the curated list below. Compare features, ratings, user reviews, pricing, and more from LimeFX competitors and alternatives in order to make an informed decision for your business. Are you a non-English speaker and look for more resources on LimeFX in your language? Hereby,
LimeFX offers you
MetaTrader 4, MetaTrader 5 and R StockTrader. One of the most advanced MT4 features we admit is an outstanding chart package, with technical indicators and integrated fundamental analysis.

What is the risk associated with using a LimeFX Demo Account?

In addition, only the basic orders are available, including Market, Limit, Stop, and Trailing Stop. However, client accounts will be archived if there is no balance and the account is not used for more than six months. If you are focused on Forex trading, we would suggest you stick to either MetaTrader scammed by limefx or cTrader platforms. Forex Admin is a blog where you can find an in-depth analysis of Forex Brokers, Stocks, CFDs, ETFs, and other financial instruments to make informed decisions. Signal Start is a professional one stop shop Forex signals service for signal followers and signal providers.

LimeFX’s Pro-Cent Account has a minimum deposit requirement of only 10 USD and allows trading in micro-lots. LimeFX offers a similar number of trading accounts compared to most other brokers, which are suitable for beginners and more experienced traders. LimeFX also stands out for the number of financial instruments on offer, including over 12,000 stocks, 1,000 ETFs, 100 commodities, 40 Forex pairs, 26 cryptocurrencies, and indices. Support is offered for numerous trading platforms, including industry favourites such as MT4, MT5, and cTrader in addition to its intuitive and easy-to-set up R-trader.