Supported account currencies are the US Dollar and the Euro, while the cryptocurrency account is a Bitcoin-denominated option. The automatic stop-out level is at 20%, except for the EXN account, which is at 40%. A competitive ECN trading environment with audited and verified order execution. The FAQ, which forms part of the Knowledge Base, is in-depth and covers questions relating to complex topics like copy trading and expert advisors.
Trading assets offered by LimeFx
Potential traders need to be assured that the broker company they choose can offer the necessary support and help whenever they may need it. The Financial Services Authority requires that all clients’ funds are kept separate from the company’s operating accounts and that a company’s assets are diversified among reliable global banks. XStation can be tailor-made to suit an individual’s needs and is coupled with some advanced features that can help a trader to make an analysis of the market and execute trades with just a click. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. Rates, terms, products and services on third-party websites are subject to change without notice.
Copy Trading at LimeFx
- LimeFx offers several video tutorials that cover a series of topics for beginners and advanced traders on its homepage.
- They give you access to real-time exchange rates, charts and an economic calendar.
- The Financial Commission provides insurance for up to € per each claim from its Compensation Fund.
- It offers a user-friendly platform, and demo accounts to help new traders get started.
- LimeFx ranks among the best brokers due to its low trading fees in its ECN, trading tools and services, and superb trading infrastructure featuring fast order execution and volume-based rebates.
This account type suits those who wish to delve into the dynamic realm of digital assets easily. Today, LimeFx is a reputable worldwide broker known for its steadfast dedication to customer satisfaction. The firm offers traders cutting-edge platforms, a wide selection limefx scam of trading products, and exceptional customer service. Virtual funds offered are $10 000, which should be enough for beginners to master basic skills for trading. Pros can use the Demo account to test their trading strategies before applying them to real markets.
LimeFx Accounts
Choosing LimeFx means aligning yourself with a broker that is committed to delivering exceptional trading conditions, innovative tools, and steadfast client protection. Venture into a world where trading conditions are supreme, harboring hundreds of assets and offering an expansive array of trading options. This revolutionary Copy Trading Service stands as a beacon of innovation, offering a harmonious blend of simplicity, control, and flexibility for both investors and traders. It addresses varied financial needs and preferences, allowing users to navigate and prosper in the trading ecosystem with tailored strategies, safeguarded investments, and transparent fee structures.
The educational offering could be improved by adding courses and live webinars. The web platform uses market-leading TradingView charts featuring 11 time frames, 11 chart types, and over 100 technical indicators. Various drawing tools, from trend lines to Fibonacci retracements, are also available. LimeFx Standard Account spreads ranged from relatively wide to competitive in some cases.
Trading Environment
It involves direct registration, identity verification, and selecting the desired account type. LimeFx was established in 2007 and currently serves over a million clients worldwide. The company showcases essential indicators of a broker’s reliability and regulation. Continue reading to delve deeper into the features of LimeFx and discover what advantages it can offer you as a trader. LimeFx upgrades the trading experience via Autochartist, which includes automated chart pattern recognition and trading signals.
A Markets’ full range of 50 currency pairs is only available on Standard and ECN accounts, however. Forex brokers are also known as retail forex brokers or currency trading brokers. Retail currency traders in turn use these brokers to gain access to the 24-hour currency market for speculation purposes. Some payment systems may have transaction limits, restrictions, and requirements which are indicated on their respective websites. You may need to verify your account to remove limits on particular methods in some countries.
Traders also get 18 commodities, 16 indices, 27 cryptocurrencies, 2 bonds, and 437 equity and ETF CFDs. I like the overall range of assets, as it provides most traders withall they need to achieve cross-asset diversification. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. LimeFx has two expensive, commission-free cost structures and one competitive, commission-based alternative.
However, I also tested the ECN Account and recorded spreads of 0.4 pips in EUR/USD and 3.4 pips in spot gold. In terms of regulatory oversight, there is little to none, as all three entities of this broker are based offshore. Client funds are held separately from the company’s operating accounts. Furthermore, it is an excellent solution for experienced traders who aim to enhance their performance across global markets. About trading, everything is on the level, the speed of execution depends on the type of account chosen, I recommend ECN with a spread of 0 pips, though at least for an account of $200.
LimeFx provides MetaTrader 5, the latest upgrade in trading technology. This enhanced platform has faster execution times, more order types, and a wider range of technical analysis capabilities. LimeFx offers traders access to the MetaTrader 4 platform, known for its user-friendly interface and comprehensive charting tools. The platform also boasts an extensive marketplace featuring custom indicators and Expert Advisors (EAs). LimeFx provides a Demo Account that mimics real-time market scenarios without any risk, offering virtual funds for experimentation. It is always important to verify your account before depositing funds.
Head of Analytics Tim Deev does a good job of explaining key economic data and major support and resistance levels. LimeFx provides a steady flow of market-moving stories via the FXStreet Newswire published on the website. Reports are focused mainly on major economic releases https://limefx.biz/ but also include data on key price levels from respected sources such as SocGen. LimeFx offers the MetaTrader 5 mobile app for mobile trading, which is available for Android and iOS. The app offers popular features such as alerts, 1-click trading, and trading from the chart.