broker LimeFx

There is a minimum required deposit of $100 for the LimeFx Zero account type. In simple terms, each LimeFx client is provided access to a trading platform (i.e. software) which is directly connected to the global market price feed and allows them to perform transactions without the help of a third party. At LimeFx there is a Demo Account facility that gives you a virtual balance of $100,000 to play around with and find your feet. The demo account has an unlimited duration, giving you all the time you need to get prepared for trading a real account. I think it is great for finding trading signals and can save you hours by automatically scanning the markets on your behalf.

Account Types

broker LimeFx

LimeFx’s most famous tradingplatforms are MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Traders can use severaltools and features on these sites to improve their investment experience. Existing clients can get a50% Deposit Bonus https://limefx.group/ up to $500 and an extra 20% Deposit Bonus up to $4,500through a two-tiered Deposit Bonus program. These bonuses are available forboth Micro and Standard accounts, and clients’ trading accounts can get them immediately.

Who are Forex Trading Market Participants?

The Micro account of LimeFx can be a great choice for beginners to learn to trade in actual market conditions without having to risk too much. Compared to the standard lot size it is quite low, as the standard lot equals 100,000 units of an asset. While this is a very common way of trading stocks today, not everyone is really into this strategy. For those who prefer not trading CFDs, LimeFx offers a special “Share Account”, which allows traders to buy and sell shares of leading companies directly. These licenses allow LimeFx to offer services to traders in different parts of the world.

How Does Forex Trading Work?

broker LimeFx

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. They have the necessary approval from the CySEC in Cyprus as well as being a ASIC regulated entity in Australia.

Customer Support

Our clients can choose to trade forex and CFDs on stock indices, commodities, stocks, metals and energies from the same trading account. With a wide range of trading instruments available from a single multi asset platform LimeFx makes trading easier and efficient. 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. You can trade forex and CFDs on stocks, gold, oil and equity indices from 1 platform with no rejections, no re-quotes and flexible leverage. If you want as many trading instruments at your disposal, then you should probably opt for MT5.

broker LimeFx

LimeFx MT4 Features

The Standard and Micro accounts have a minimum deposit of just $5 (or equivalent denomination) to start trading. However, for the LimeFx Zero Spread account, there is a $100 minimum deposit. Furthermore, the Shares account (only available to LimeFx Global) needs a minimum deposit of $10,000. As we can see the trading costs of trading via the Zero spread account are lower. These savings can be much great when you trade other instruments with wider spreads on the Standard account. Across is Standard and Micro accounts, LimeFx looks to make money on the trading spread rather than charge commissions.

  1. In addition to this, in order to create this account, you will be required to deposit at least $10,000.
  2. There are different trading platforms and flexible trading conditions provided for you to choose from, depending on your needs.
  3. With LimeFx’s partnerprogram, you can use these points to get cash rewards or other rewards, and hasmore points are won, the value of each point goes up, effectively giving affiliatesa reason to promote the business and bring in more customers.
  4. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side.
  5. This also means that a necessity of currencies to be traded against each other is needed in order for this to happen.

The contract size is 1 share, and there is no leverage available for share account holders. To match the interests of different traders, LimeFx has worked very hard to offer a diverse array of account types. Thus, the broker is able to offer traders services that work perfectly for their trading needs.

In addition to the US and Canadian stocks, there are equities from 14 European countries, Brazil and Russia. All the major indices are available, but with just three different US indices, there are better selections elsewhere. In other words, opening a trade with the Micro account, a 1 Lot position on EUR/USD gives you exposure to $0.1 per pip (or 10 cents per pip) movement. The conventional way of judging the quality of regulation that a broker holds that the more the merrier. LimeFx has been gradually expanding its regulatory licenses over the years and is now up to three. Starting with the regulation in Cyprus (which covers the EU’s ESMA regulation), expansion has included Australia (a strong, tier-one jurisdiction) and latterly in Belize.

LimeFx delivers a full investing experience with easy-to-usetrading platforms like MT4 and MT5, as well as a vast range of learning toolsfor all skill levels. You can choose from 3 different account types that provide flexible trading conditions to meet the needs of both beginner and advanced traders. The minimum deposit required is just $5 whilst you can choose between no commission accounts with marked up spreads or pay a $3.5 commission charge to get variable spreads starting from 0 pips. Leverage depends on the financial instrument traded and on client’s country of residence. Automated trading is undoubtedly one of the most popular features of MetaTrader 4.

The Micro account can be especially useful for those who have just finished training with the demo account. While an LimeFx demo account can be a great choice for traders to learn more about the market, it can’t be used to learn how to control your emotions when trading. By slowly transitioning to using real money, you will be able to learn more about how to control your emotions. Once you are comfortable with the knowledge that you have received through the demo account, you can start moving on to trading with your actual money. LimeFx offers a special account for beginners to practice more and gain higher experience and expertise in the market.

To guarantee the safety and security of its clients, LimeFx has adopted numerous regulatory guidelines over the past few years. These regulations are aimed at ensuring that every single client of the broker has the opportunity to ensure the safety and security of their funds, while also enjoying high-quality trading services. 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.

LimeFx gives new and currentclients different trading bonuses that give them additional capital andconfidence. For example, there is a $30 No payment Bonus for new clients whowant to start trading without making a down payment. Overall, the fact that LimeFxis regulated by reputable authorities evidently showsthat it is committed to giving its clients a secure and transparent place limefx scam totrade. LimeFx is regulated by CySEC, ASIC, FSC, DFSAand FSCA which are all well-known regulatory authorities, ensuring clientsecurity, capital requirements, and transparency. The second step also includes a little test to check your knowledge and experience in the market. The answers to the questions provided can impact whether you will be able to create an account or not.

This segment participates in the forex trading marketplace via a broker (like LimeFx), or via a bank. In addition to providing excellent support, I am impressed with the trading conditions you can get access to for a small deposit of just $5. LimeFx Group offers a no re-quote and no rejections policy with 99.35% of trades being executed within 1 second. Their business model is built around the belief that execution is everything when trading.