It monitors the markets 24 hours a day, alerting you to trading opportunities in real time. LimeFx Group monitors the latest industry trends to keep up to date with innovative technologies and to be able to adapt to clients ever-changing and demanding needs. They do not compromise on trading performance which ensures they offer some of the lowest spreads and fastest execution speeds whilst remaining versatile to ensure you can trade in comfort.
However, the amount varies according to the payment method you choose and your trading account validation status. You can read more details about the deposit and withdrawal process in the Members Area. With the micro and standard account types, you are not subject to a minimum deposit, but usually you will have to deposit at least $5 due to system requirements. There is a minimum required deposit of $100 for the LimeFx Zero account type. 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. For this reason, I prefer brokers who support digital wallet funding.
The biggest advantage that MT5 possesses over its predecessor is its flexibility to offer an extended number of instruments from various asset classes with different settings, all tradable from the same interface and the same trading account. LimeFx along with the majority of brokers charge a spread to their clients and that is the reason why the majority of traders choose a broker with low spreads. Spreads can be calculated by spread value in https://limefx.club/ pips × traded lot size. Overall our online LimeFx review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online LimeFx or you find inaccurate details LimeFx broker review please get in touch with us and the changes will be applied. The minimum deposit/withdrawal amount is 5 USD (or equivalent denomination) for multiple payment methods supported in all countries.
How was the rating of LimeFx performed compared to other brokers?
The main headquarters of the company are located in Limassol but they also have offices in other countries such as the United Kingdom, Hungary, and Greece. With so many rewards and incentives already, you might think that LimeFx could not be any more generous, but you would be wrong. In addition to all other bonuses and rewards, a few times a year LimeFx will offer special seasonal bonuses marking certain calendar events and occasions that will be available for very limited periods of time. In addition to this we will also offer highly exclusive bonuses that will be made available on an invitation only basis. As they are reliant on MetaTrader for the trading software, you are not going to be surprised by anything on this front.
- LimeFx clients can trade on MT4 with no re-quotes, no rejection of orders and with flexible leverage.
- Click ‘File’ ⇾ Click “Open an account” which opens a new window, “Trading servers” ⇾ scroll down and click the + sign at “Add new broker”, then type ‘LimeFx’ and click “Scan”.
- They have a diverse offering of instruments, which caters for the needs of their users in an adequate manner.
- The tеrm itѕеlf refers tо thе fact thаt thеу do nоt аllоw any ѕwаррing оr оvеrnight rоllоvеr intеrеѕt оn роѕitiоnѕ (see Islamic accounts).
- Thе ассоuntѕ they рrоvidе fоr the Islam wоrld are called ‘ѕwар-frее’.
At LimeFx, you can keep your demo account parallel to your trading account for an unlimited time. You have the freedom to use your demo account to test strategies, and then use the most effective ones on your real account. Open a demo account, use it to test the basics, and after a while open a real trading account fit for beginners with smallest minimum deposit and flexible leverage.
How to install LimeFx MT4
Automated trading is undoubtedly one of the most popular features of MetaTrader 4. It is remarkable data in itself that since 2014, over 75% of the United States stock share trades, including NASDAQ and the New York Stock Exchange, have been carried out through automated trading system orders. The fact that today automated trading on the MT4 software is also available for retail traders and investors is a huge plus, allowing trading not only on stocks but also on foreign exchange (forex), futures and options. The LimeFx MT5 platform offers all of the same powerful features that the LimeFx MT4 has to offer, along with more trading tools and advanced capabilities. It has an additional 1000 CFDs on stocks (shares), which makes it the ideal multi-asset platform.
The advantages are very clear for VPS service giving you the ability to trade in the event of poor internet connection speed, computer failure or power cuts. LimeFx VPS is a free service for those who maintain a minimum trading account of USD 5,000. LimeFx, unlike other brokers only offers flоаting spreads, аlѕо known as vаriаblе ѕрrеаdѕ. 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. At LimeFx the client comes first regardless of net capital worth, account type or size of investment.
How to Uninstall LimeFx MT5 for PC
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, limefx company reviews nor shall it bias our broker reviews. LimeFx Group give you access to trade a wide range of more than 1000 financial instruments including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs.
You can reach them no matter what time of day it may be through their live chat feature. There are 30 trading charting indicators available on the mobile apps and you have the full range of trading instruments to choose from with these apps. You have access to virtual trading, but those using mac desktop computers will not be able to run this trading platform optimally. There are 51 different trading indicators available to you and there are 31 charting tools you can utilise. Bank transfers can take a few business days to clear and LimeFx covers all the charges for bank transfers of $200 or more.
Max Leverage
Please note the different leverage offerings to European (EU) and International Investors/Traders. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients. More than 14 languages are catered for through the customer support service at LimeFx.
At LimeFx demo accounts do not have an expiry date, and so you can use them as long as you want. Demo accounts that have been inactive for longer than 90 days from the last login will be closed. They have a wide ranging section for education, including free weekly webinars that are interactive. It is an ideal learning ground for beginner traders and with three different account types, they cater for all kinds of traders depending on what their specific needs may be. With LimeFx the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them.
Personally, I have used MT4 for many years and never felt the need to switch over to MT5 just yet. 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 if you want to switch brokers and the platform is not available.
They have a decent welcome bonus, matching your first deposit 100% up to a max bonus of $5,000. When it comes to withdrawing from LimeFx, most options will have your withdrawal processed within 24 hours without having a minimum required withdrawal. If you are withdrawing via a bank transfer, then you will have to wait between 2 and 5 business days for it to be processed and there is a minimum withdrawal of $200 in place. In total, there are 356 different CFDs offered by LimeFx, with five of these being cryptocurrency CFDs. There are 57 currency pairs on offer and they don’t offer any ETF products.
This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA). Fantastic Execution policy- LimeFx broker vouches on having 100% execution rate with no rejection and re-quotes on orders that have been established in 2010. Re-quotes are a nuisance factor to deal with for any trader especially when you want to take advantage of volatility. Also, the vouch on executing 99.35% of all their trades in less than one second. Out of all the above-mentioned options, choose the option you prefer and click on it.
Whatever your trading style or experience level, MT4 is considered as on of the go to platforms for online trading. LimeFx have a good selection of trading platform video tutorials on their website to help familiarise yourself with MT4. If you are new to trading, I think MT4 is a great platform to get started with. You can open a free demo account to learn how to use the platform and practice trading online risk free, until you build enough confidence to open a live account. The very first generation of internet-based foreign exchange (forex) trading platforms emerged in 1996, making it possible for foreign exchange to develop at a much faster pace and for customer markets to expand.
Lower overall spreads can be achieved by LimeFx as they are the sole dealer in every single trade. Having been around since 2009, LimeFx are regulated by a number of trusted authorities. They are authorised in the European Union, as well as being regulated by the FCA in the United Kingdom.