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LimeFx Trading Point Apps on Google Play

Forex Trading

LimeFx Trading Point Apps on Google Play

It also allows for the creation of custom indicators as well as time periods. Despite this, banks will calculate interest on positions held during the weekend. As such, LimeFx applies 3-day rollover strategies on Wednesday. This is the equity level that causes your open positions to automatically close.

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. The Market Preview page features daily previews of the European open. Here, you can find assets to watch and some expert insights.

LimeFx Group Support is on hand to guide you through the process if need be. I didn’t have any problems opening an account and login on a regular basis without any hiccups along the way. The management team have hosted hundreds of seminars in over 120 cities to educate traders.

  • LimeFx Group accepts clients from all over the world, excluding the USA, Canada, Israel, and Iran.
  • LimeFx partners with numerous liquidity providers to significantly limit the risk of illiquidity.
  • LimeFx also offers its operational philosophy as a reason to consider choosing this company as a broker.
  • I like the fact that they take great pride in being a fair and reputable broker with all clients receiving the same trading conditions regardless of their investment size or trading experience.

You can only deposit money from accounts that are in your name. We compared LimeFx’s fees with those of FxPro and Admirals (Admiral Markets), two similar brokers selected by our analysts. This selection is based on objective factors such as products offered, client profile, fee structure, etc.

Accounts

In saying that, there are some unique trading strategies that I found inspiring and learnt some new things to implement into my own trading.

  • They vouch on providing only this type because fixed spreads are normally higher and that they can stay competitive enough and give assurance to their clients that their spreads always remain low.
  • Sometimes they come into different domains like LimeFx-pay, LimeFx-exchange, etc..
  • Trading bonus is useful for bolstering equity to margin ratio.
  • Im a beginner trader but this trading app for me quite useful and very easy to trade..i can close and entry at critical moment without any lagging.
  • To deposit funds to the trading platform you trade on, you will first be required to open a live trading account.
  • 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.

This means that I can test most brokers with a platform that I am already familiar with. You wouldn’t want to master one platform only to be disappointed limefx review if you want to switch brokers and the platform is not available. Other prominent MT5 brokers to consider who are on par with LimeFx include LimeFx.

If you are from one of the restricted countries, feel free to look for an alternative broker on our compare brokers page. I would always prefer to trade with a https://limefx.name/ regulated broker as it gives me the peace of mind that my funds are safe. However, keep in mind that different regulators have different levels of protection.

LimeFx Forex Broker was founded on these values, and that will not change. 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. Although High Leverage can increase magnify your profits it utilised correctly it can lead to large losses that can indent one’s capital.

How Can You Learn to Use the LimeFx Platforms?

We liked that the calendar has a filter function where you can filter for countries, data type and importance. These are accessible under the ‘Trade Ideas’ tab, where you can find various assets and their recent performances. The only exception is bank (wire) transfers below $200, which incur a $15 fee. There are a lot of deposit options at LimeFx, including electronic wallets such as Skrill, Neteller for withdrawal, Sticpay for Deposit (under FSC).

App support

LimeFx offers customer service in a variety of languages including English, Spanish, French, German, Italian, Portuguese, Russian and Chinese. LimeFx also offers support through a number of methods including telephone, email and live chat. The customer service team is available 24 hours a day, 5 days a week. In the event that a complaint is received, LimeFx will work with the customer to resolve the issue as quickly as possible. LimeFx takes pride in offering outstanding customer service and is always looking for ways to improve the customer experience.

What instruments does LimeFx Broker offer?

You still have no commissions and negative balance protection. There are no trading bonuses and no deposit bonuses, plus hedging is allowed. LimeFx also offers its operational philosophy as a reason to consider choosing this company as a broker. Its philosophy is to earn loyalty as a way to ensure the satisfaction of clients. LimeFx recognizes that credibility and reputation are closely linked. Those include trading currencies, CFDs, precious metals, energies, and equity indices.

The broker offers extensive market access, low spreads, and excellent trading technology. Furthermore, Pepperstone provides superior customer support and a range of trading platforms, including MetaTrader and cTrader. LimeFx offers different types of forex accounts to its clients including Micro and Standard Accounts. Micro Accounts allow the clients to trade micro lots which are 1,000 units of the base currency. Micro accounts are designed for beginners who want to get started in forex trading. Micro accounts give you the ability to learn how to trade forex without risking a lot of money.

Account opening

Thе MT5 platform оffеrѕ еvеrуthing thаt thе MT4 does but аlѕо оffеrѕ уоu CFD trаding whiсh iѕ unavailable with MT4. You can сhооѕе tо use еithеr ѕоftwаrе across Wеb, Windоwѕ, Mac, Andrоid оr iOS. We recommend LimeFx for forex and CFD traders who prefer MetaTrader platforms and seek a great account opening experience. LimeFx provides real stocks for clients onboarded under LimeFx’s IFSC-regulated entity. You can trade stocks only using the Shares Account.It is a big addition compared to its competitors.

However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000. The LimeFx economic calendar can keep you up to date with the latest news releases which can be filtered according to the currency pairs, dates and impact relevant to your trading. The calendar shows what news is being released, when it is being released and the expected impact that it can have on the market. Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet. I like that most brokers offer MT4 whereas MT5 is less commonplace.

Bank transfers can take a few business days to clear and LimeFx covers all the charges for bank transfers of $200 or more. Accounts can be opened in   a great selection of currencies including USD, GBP, EUR, CHF, JPY, PLN, SGD, ZAR, AUD, HUF & RUB. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. I know that I don’t always want to wait for days for my funds to clear, especially if there is some major market news that I need to act quickly on to try and take advantage of it.

You can use MetaTrader 4 to manage your trade history in the database, including importing and exporting. There is also an internal mailing system and a guarantee of full security and backup. LimeFx also has a margin call policy that ensures the maximum possible risk never exceeds the account equity. If your account equity dips under 50 percent of your required margin for open positions, LimeFx sends a margin call warning.

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