How to start trading on LimeFxTrader via web or the LimeFx Trading App LimeFx

One suggested improvement is for the site to be more transparent when sharing information regarding regulatory client protection. It’s always nice to have extra security tools thrown in and LimeFx provides more than most. The LimeFx technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. Credit and debit card transactions are subject to 3D secure Visa authorisation and there are processes in place to protect clients making withdrawals.

• LimeFx Markets Incorporated does not have a license to offer forex trading and all trading is therefore unregulated.
• LimeFx Markets Cyprus Ltd is an investment firm registered in Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC) using the domain LimeFxFX.eu.
• DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
• Both platforms are compatible with several languages, including English, Arabic and Hindi.
• The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA.

Traders outside EU can not trust LimeFxFX and should choose another forex broker instead. LimeFx offers 5 crypto markets like bitcoin, ethereum and litecoin — this is a limited range. On the upside, those markets that are available are traded using the MetaTrader platforms, so at least the quality of service is guaranteed to be high. Since its establishment in 2011, LimeFxFX has consistently stood out as a leading force in the online forex trading industry. Especially popular in India, LimeFxFX further distinguishes itself by offering no commission fees, competitive spreads, and a diverse range of tradable assets. Explore the dynamic world of online forex trading with LimeFxFX, a seasoned industry leader for over a decade.

FREE MetaTrader 4 Demo Account from LimeFx with Unlimited Access

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). limefx review If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online. The minimum deposit is USD100, regardless of what type pf account you choose to open. LimeFx Markets Incorporated is registered in St Vincent and the Grenadines.

• You don’t need to make any investments—simply specify the amount of simulated funds you want to add to your account upon creation.
• During our testing, we did find that when we scaled up into maximum position size, we were able to get very close to using up our maximum margin capacity when executing.
• They can be programmed into the platform to automatically execute trades on a live platform.
• LimeFx will appeal to those looking for the best of both worlds.
• To clarify, a “standard lot” is a standardised way of quoting and trading currency pairs in the forex market.

For example, the major stock exchanges in the U.S. close at 8 p.m. UTC, but the after-hours trading session can run as late as 12 a.m. Compare the markets and instruments offered by LimeFxFX and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Trade with a global broker

Read the latest news about Gemini in the Philippines, as they’re accused of violating the country’s securities laws. Asia Premier’s license will allow it to run blockchain operations in the Philippines to serve overseas markets. During our own testing, we found the average ‘first response’ time to be greater than the seven seconds claimed on the firm’s site. In fact, in only a handful of instances did the response time beat the seven second figure. In over 96% of cases, our queries were processed to the point of satisfaction on the first interaction. We would also support the site’s claim that full resolution was achieved within three minutes.

However, this should not detract from what LimeFxFX is, as a convenient, efficient, cost-effective trading proposition, that is attracting a number of third-party industry awards. MetaTrader 4 (MT4) provides robust technology and high security to enable traders to choose trading positions without worrying about the stability of the platform. It offers instruments to follow price fluctuations, identify trend patterns through charts and graphs, and also deploy automated trading techniques to manage orders.

What our clients say when they trade with LimeFx

Both MetaTrader MT4 and MT5 stand out for the charting tools they offer. The standard MT4 package, for example, comes with 30 built-in indicators, over 2,000 free custom ones on offer and 700 available for purchase. LimeFx is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, the firm is headquartered at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines. You can use the LimeFxFX Trading App to enter the LimeFxTrader platform, or use MetaTrader 4 and MetaTrader 5 apps to trade on their respective platforms. Keep in mind that MetaTrader is no longer available on the App Store, so you might have to use the web version.

How to open and close a trade on MT4/MT5?

Also ensure you add additional security settings such as two-factor authentication (2FA) when using LimeFxFX platforms. Our experts were also offered the chance to win real funds by participating in the LimeFxFX Champion demo contest. Upcoming competitions, duration and rules can be found on the broker’s website.

We consider it to be very important that a broker is regulated by a regulator who offers strong trader protection. 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. LimeFx has accumulated a strong following over the past 10 years. There is a strong trader focus to the platform backed by very high-quality industry-standard research and learning services coupled with a strong in-house copy trading facility. The pushback comes from the more limited number of instruments a user can trade on this platform.

LimeFxFX vs Other Brokers

It’s trusted by individual traders as well as large introducing brokers and trading companies. It offers excellent trading and analytical tools, and is flexible enough to implement simple as well as highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies. Keep in mind that MetaTrader apps are blocked on iOS, so you might have to use their web or desktop versions.

The online broker is licensed and regulated by the Financial Services Authority (SVGFSA). Our experts confirmed incorporation on 15th September 2011 and found an active regulatory registration under the trading name. It is important to note that SVGFSA does not regulated Forex trading nor binary options trading.[1] This means that all Forex trading done through LimeFxFX.com is unregulated. https://limefx.name/ When we used LimeFxFX’s trading terminals, the new order process was similar and relatively straightforward. There is no commission charged on both deposits and withdrawals, MT4 and MT5 commission is included in spreads as mark-up, and no additional fee is applied. Account opening is very much a standard process these days, but LimeFx does offer a particularly neat twist to the situation.

If you encounter a withdrawal problem when using the LimeFxFX trading platform, you will receive a notification in an email explaining the issue. Alternatively, if you need to cancel a withdrawal, you can do this within your personal area. It could also be worth viewing the published session timetable via the broker’s terminal interface. This is particularly useful to stay up to date with upcoming market closures such as public holidays. The broker accepts clients in 150+ countries, though it is worth checking which entity you will receive services from. SEC says LimeFxFX is not authorized to sell or offer securities in the country.