In addition, the app enables users to monitor their accounts, manage their deposits, and manage accounts. Currently, the proprietary software is only available for use on mobile devices that use the Android operating system. A demo account is a practice account that offers traders a certain amount of virtual funds that they can use, allowing them to enter the live market without risking their capital. The LimeFxTrader Account is designed for traders seeking a high degree of flexibility and precision in their trading strategies.
- Through the mobile app, clients can access multiple financial markets.
- Our spread module indicates that with LimeFxFX, you are paying more than your competitors, so it may be better to consider trading with other brokers.
- This amount can vary depending on the master as they have freedom to individually set commission.
- There are 35 currency pairs to trade for most traders across the globe, but only 28 pairs are available if you live in the European Union.
Scalping Review
For supported trading instruments, the MetaTrader 4 account offers 35 currency pairs, gold and silver, 3 energies, 4 indices, and 30 crypto CFDs. Its trading services are offered via the LimeFxFX trading app, MetaTrader 4, and MetaTrader 5. LimeFxFX also offers a popular copy trading https://limefx.vip/ program that allows newbie traders to mirror the trades of professional traders. The LimeFxFX MT5 pro account is one which they recommend for the more experienced traders. With that said, the minimum deposit here is still low enough for all types of trader to get involved.
Accepts Namibian Traders
To help us achieve this goal, we would love to hear any suggestions or ideas you may have on how we can enhance our app further. Your feedback is invaluable to us, and it will help us understand what improvements can be made.Please feel free to reach out to us at with any specific suggestions, concerns, or feedback. We are always here to listen and make the necessary changes to meet your expectations. We look forward to continuing to serve you and ensure you have the best trading experience possible.Kind regards,LimeFx Rep.
What is the withdrawal time?
LimeFx is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. Even a quick glance establishes why the firm is so willing to share. You can also generate profit by copying other successful traders with LimeFxFX’s social trading feature.
The finance department of LimeFxFX operates from 6 am to 10 pm (EET) Monday to Friday, while the Account Verification department works from 8 am to 5 pm, Monday to Friday. Absolutely, they offer market analysis, daily news, and insights to help traders stay informed about market trends and make informed trading decisions. Yes, they provide a range of educational materials, including tutorials, articles, and webinars, to help traders enhance their knowledge and skills. LimeFxFX does not charge any commissions on trades as the broker’s fee for facilitating the trade is already worked into the spread. An LimeFxFX Islamic Account, also known as a swap-free account, is designed for traders who cannot participate in interest-bearing transactions due to their religious beliefs.
Client Fund Security and Safety Features
The platform also provides for a wealth of more than 50 charting tools and indicators, and caters for auto and copy trading through its EA feature. Ultimately this means you will have access to an extensive range of tools and indicators depending on your platform choice. There are a total of 51 charting indicators provided, and 31 drawing tools also. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips. There may also be a fixed exchange rate in place to benefit you as a trader depending on location.
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. In line with the desktop version, the LimeFxFX app is execution-focused. It provides a range of core services, including limefx forex broker charting tools to help clients get into the markets with the right level of support. Its LimeFxFX.eu arm is regulated by CySec (Cyprus Securities and Exchange Commission) and has offices worldwide. The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world.
You can use all features including all the trading products available for trade and Expert Advisors for automation. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets. Because there are limited base account currencies, Namibian traders could be subject to currency conversion fees when they deposit or withdraw in NAD.
LimeFxFX only has a spread-only account, meaning no commissions are charged in addition to the spread. Our in-house spread scanning software gave us an idea of how LimeFxFX spreads compare to other brokers. To do this, we take the average spreads brokers publish on their website and compare them with the spreads LimeFxFX public on their website.
One of the best platform for forex with quick response of customer service, Happy to be LimeFx family, and thanks to my friend who introduced and guided me to this platform. It offers competitive fees, low spreads, advanced technology and all on a global scale. If you enjoy the imagery in the forex basics section then you’ll probably enjoy the videos provided too that will guide you through your MT4 account set up. Another video will take you step by step through your account section. LimeFxFX’s customer support is available 24 hours a day, 5 days a week. They can be reached on live chat for some quick-fire questions, or more complex questions can be sent to the phone or email team.
For all of our broker reviews, we research, validate, analyse and compare what we deem to be the most important factors to consider when choosing a broker. This includes pros, cons and an overall rating based on our findings. We aim to help you find the best broker according to your own needs. The economic calendar displays a list of up and coming financial news releases including the country and level of impact. You can also see the actual, forecast and previous results of these releases. The calendar has advanced filters to only show news that is relevant to you.
The cTrader platform lets you set stop-losses and scale out at a few different levels. You’ll also have access to a host of risk management features that enable you to diversify our exposure throughout a range of asset classes. First off, LimeFxFX offers an ECN account for as low as a $5 initial deposit, making it one of the very few brokers to offer this. This low initial deposit of $5 will qualify you for either the MT4 Micro account or the cTrader ECN account.
LimeFxFX does have a reputation in the financial industry for offering one of the best Islami accounts. The firm’s accounts are Shariah-compliant and no interest will be charged on overnight positions. Exact spreads and commissions will vary depending on the account type you hold. Traders can choose between MT4 Micro, MT5 Pro, or the cTrader ECN account. In 2018, LimeFxFX launched a copy-trading feature to entice more traders to the market, helping increase profit and offer different fund management options. This will help protect you from losing more money that you have in your account.
Traders, on the other hand, practice their skills using fictitious money in a practice account rather than actual cash. They prioritize the safety of funds by segregating client funds from the company’s operational funds. Client funds are held in reputable banks, providing an added layer of security.
If a master changes the commission amount, it does not affect the amount due under the Copier’s subscription. Research tools provided by LimeFxFX include a well-detailed economic calendar which keeps you updated with all significant economic events and how they may impact you. It also provides for detailed analysis with market reports and more to offer. Overall, this is an excellent hybrid combination that can secure the best market prices, lowest spreads, and fastest trade execution.