LimeFX on major trends and developments in the forex market Video

While they do offer top trading platforms MT4 and MT5, if you are looking for a wide range of assets they may not be perfect. Founded in 2011 in Cyprus, LimeFX is a well-regulated broker with oversight in place from CySEC and SVG. They provide ECN execution which is popular among scalpers for its high speed. The broker also offers copy trading services an accessible minimum deposit.

With withdrawals, there are many options for traders to withdraw and deposit funds into their accounts. Traders will not have to worry about withdrawal fees or currency exchange commissions, because there are none required from LimeFX. Most online payment services are provided for traders and users of LimeFX, since it is an online financial services https://limefx.group/ provider with no-dealing-desk. LimeFX is an online forex broker that was created in 2011 and offers FX spot trading, along with CFDs trading on Cryptocurrencies, Indices, Metals, and Commodities. In this LimeFX review, we will mention some of the rich and unique features the broker offers to more than 1.5 million registered clients around the world.

• These may include your photo ID, a recent utility bill to serve as a proof of residence, and a trading authentication process that gauges your level of experience trading forex and other assets.
• The main functions of the regulatory bodies are to ensure that investors are protected and that their money is insured.
• If you have any questions, please don’t hesitate to get in touch with us at
• LimeFX is a global broker providing online trading services worldwide since 2011.

The term “broker” refers to the figure of an intermediary between buyers and sellers. It is applicable to all kinds of fields and sectors such as insurance, real estate,.. Bonus of $30 without deposit and bonuses of up to $5,000 per deposit. Islamic account has no swap applied during a rollover but a fixed fee instead. This fee is not an interest and primarily depends on the direction of your position.

Best Forex Trader YouTube Channels

There are other options that are provided for traders like copy trading and trading platforms. CTrader is provided by LimeFX, which is rare with trading services providers. There are multiple order types with cTrader that cannot be found in other trading platforms, such as stop-outs, smart stop-out, and fair stop-out. The broker supports trading platforms such as MetaTrader 4 and Metatrader 5, which are available on the Web, Mobile, and Desktop. It’s a great challenge, and for those who succeed in this challenge will lead the industry and we’re prepared for this. A Forex broker is an agent or company that executes the operations of buying or selling currency pairs requested by its clients.

In most cases, forex brokers allow us to deposit funds in several of the most common currencies (euros, dollars, pounds sterling, etc.). In other words, the account funds may or may not be in our local currency. By contrast, in the Forex market virtually all news reaches everyone at the same time, whether they are large investors, financial limefx broker reviews institutions, brokers, or even retail investors. The information you need to follow to make your trading decisions on one or several currency pairs is much less. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Are available across all time zones to assist you with setting up your VPS or troubleshooting any issues you may have. If you have any questions, please don’t hesitate to get in touch with us at Overall, we found LimeFX stable and easy to use, with all the platform’s essential features functioning smoothly. BrokerNotes was founded in 2014 by Marcus Taylor, founder and CEO of Venture Harbor, a venture studio in Oxford that develops innovative online tools & technology across a range of sectors.

LimeFX

With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies. Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector. The minimum deposit depends on the account type, however the lowest minimum deposit accessible is $25. Both social and copy trading is well provided for at LimeFX through their own proprietary copy trading service. The only real difference here being that as a master you can earn commission.

• Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.Learn more at Wikipedia.
• In the case of other strategies such as scalping not all Forex brokers accept these strategies.
• However, the more budget you have to invest, the better conditions you can get.

If you plan on trading for a while then you need to find a top broker that you still want to use long after the bonus has run out. If you are going to trade forex anyway then it might pay to take advantage of a bonus to help you get started. A bonus can be a good way of boosting the initial money in your account so that you can make more trades, or of making a few risk-free trades as you learn the ropes. There are some others available too, a broker might let you trade 40 or 50 times for free, or some offer a no-deposit bonus where you can access it simply by signing up. Every broker charges a fee each time you trade and may include charges on other actions such as deposits and withdrawals as well.

You will be able to learn about the Forex basics, and you will not need any additional tools, since it is all uploaded via videos and presentations.

Minimum deposit, size of the operation and available leverage

As a trader, you have the ability to trade with 30 currency pairs, 4 metals, 2 energies, 10 indices, and 30 cryptocurrencies. Leverage is the financial term that refers to the relationship between equity and the credit that is invested in a transaction. NDD brokers do not have a “money desk” and are only responsible for sending trades to the market.

• Consult relevant financial professionals in your country of residence to get personalised advice before you make any trading or investing decisions.
• CTrader is a multi-asset trading platform offering pure ECN execution and an array of advanced tools.
• You will find these booths at the Palms Mall on Ring Road, Ibadan, the Ikeja City Mall in Lagos, and Jabi Lake Mall in Abuja.
• Overall, LimeFX is a great trading platform with accessible starting deposits and a strong variety of asset classes and trading instruments.

LimeFX has won more than 20 awards since its foundation, including the Best ECN Broker 2020 award from World Finance. It also regularly conducts global and local promotion campaigns with valuable money and product prizes. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

The slight difference between ECN and DMA in terms of the liquidity provided is that the typical ECN brokers liquidity providers are not known. As a trader, you will find a range of features available at LimeFX to suit your needs. Here is a closer look at a few of these features and how they can benefit you as an LimeFX trader. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. Until recently, the broker had also been regulated by the FCA, however LimeFX decided to voluntarily suspend their regulation here due to Brexit until the future situation of the UK becomes clearer.

Advantages of the Forex market

They have unveiled their most inspiring stories with the LimeFX community. This bonus is also withdrawable though you must meet certain terms and conditions set by the broker. 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.

As a general rule you should prioritise the lowest trading fees possible, as they can really mount up if you plan to be an active trader. Some brokers require a minimum deposit in order to start using it. That’s usually as little as $ but it can occasionally be a lot more. Sometimes the broker might only offer a bonus on deposits over a certain amount as well. That might mean you have to deposit more than $1000 in order to benefit from the bonus. When you’re choosing a broker you want to consider the overall experience along with the bonus on offer.

» Visit Review 80.61% of retail investor accounts lose money when trading CFDs with this provider. 80.61% of retail investor accounts lose money when trading CFDs with this provider. LimeFX is a global broker that provides online trading services worldwide since 2011. It offers a state-of-the-art trading experience and a top-notch service to over limefx scam 7.5 million traders worldwide. On the Internet you can find a lot of information to learn how to invest, LimeFX strategies, training material,… although I anticipate that the most important thing is practice. And the best way to practice is to choose a serious and professional Forex broker, who is properly regulated, and open a demo account.

Safety & Regulation

With low opening balance requirements and narrow spreads, LimeFX is ideal for investors who are seeking an affordable way to start trading a wide variety of assets. While the platform is largely geared toward forex, the additional asset classes – including US, UK, and Japanese equities – provide excellent opportunities to diversify your LimeFX portfolio all in one place. Managing risk is of course a vital element for any forex trader and broker combination.

Deposit to your account and they will give you a bonus of 10% to 50% of your deposit for free! This is a perfect way to increase total amount of funds in your account. This will help you learn the rights and wrongs of trading, and you will be able to diversify your trading account and portfolio.