This account type is a great starter account, though at the moment is not available to EU traders. Here are a few of the LimeFX account types you limefx forex brokers reviews can look forward to trading with once you get started. The platform itself is easy to use on both sides and provides you with a good ability to see the performance of other traders and a number of metrics. In fact, the platform and broker have won many awards for this service. You can expect market execution to happen in under 0.1 seconds.
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You can also watch the recordings of the past webinars, as they are saved on YouTube and always available. You can access the broker’s copy trading service by downloading the copytrading app. The broker’s login process begins with a visit to the official site, LimeFX.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed. Going by customers’ review, LimeFX can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts.
This physical office presence is still quite light compared with other major brokers, but LimeFX does offer trading worldwide. It should be made clear that you can only withdraw funds to method that was the source of your deposit. For example, if you made deposit using bank transfer to LimeFX, then you cannot withdraw to your Skrill wallet.
Overview of Trading Platforms
Depending on your location, you may be eligible for an LimeFX deposit bonus of 50%. To qualify, you must deposit at least $50 to get a 50% bonus of that amount. During this period you will be featured on a leaderboard for your virtual trades with the aim to reach the top where real prizes of up to $1,000 withdrawable money on MT4. You can access strategies to follow through the community forums and program your own with MQL5 and C# fully supported. This means you can open positions with as little as $1,000 and this amount can be further reduced if you are trading on leverage. The minimum order size you can expect when trading with LimeFX is 1 micro lot.
The LimeFX app is also available for traders to download and practice convenient trading from anywhere in the world. The LimeFX trading app is supported on iOS and Android; simply go to the website and navigate the trading platform space. LimeFX is a great trading platform, very easy to use and deposits and withdrawals are relatively fast depending on time of day. Other than bank payments, the other options are wallets (Skrill & Neteller). You need to make a minimum deposit of $50 if you choose this method, and you can withdraw a minimum amount of $5. The bonus is also available to traders in South Africa, we did not find any end date for this promotion.
1 pips
Reviews are updated regularly to ensure that every trader has the most up-to-date information before making a choice. The broker has various trading tools and analytics, including an LimeFX profit calculator, trading calculator, pip calculator, live quotes, and monitoring. The LimeFX calculators can greatly help analyse the profits and margins.
The broker claims to process all withdrawal requests received within 1-3 hours. Depending on the withdrawal method used, the minimum withdrawal amount is $5. limefx forex broker However, customers can withdraw as many times as they wish and withdrawal is free. It allows clients to learn and try multiple risk management strategies without any deposit.
- The Web Trading platform provides useful features for advanced traders like single-click trading.
- When it comes to base currencies, these too are limited to the EUR and USD only.
- CFDs on currency pairs, equities, indices, commodities, etc., on the go.
- If you prefer web trading, LimeFXTrader web version is also available.
While it is MiFID regulated, it is not publicly traded and lacks some major regulatory authorizations. LimeFX provides comprehensive educational resources and a competitive fee structure, making it a solid choice for many traders. LimeFX is a good ECN DMA broker choice and great for scalping, hedging, and autotrading. A low spread andminimum depositas well as its own copy trading service make it perfect for many.