LimeFX’ minimum deposit for Standard accounts is as little as USD$1, whilst Pro accounts require a minimum deposit starting from USD$200. For instance, users of Skrill and Neteller are required to deposit at least USD$10 each time. As for LimeFX’ minimum withdrawal, it changes depending on the chosen withdrawal method. A professional traders’ favourite, the LimeFX Zero account allows its holders to enjoy spread-free trading for LimeFX’ top 30 financial instruments 95% of the day. Depending on market volatility, LimeFX Zero account holders can also benefit from zero spread when trading the rest of the instruments during 50% of the trading period. The LimeFX Zero Spread account commission starts from USD$3.5 per lot per side and it varies with trading instruments.
MT5 is the upgraded version of MT4 with a more advanced user interface and additional features for a better user experience. It is possible to speculate on the price of major cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Ripple, and Bitcoin Cash through CFDs. For guidelines on how to log into other MetaTrader 5 platforms on LimeFX, visit our Help Center. You can find guides on how to build and test a trading strategy that suits your needs, as well as how to perform fundamental and technical analysis. The tool keeps you updated with the latest market-moving economic events, such as GDP releases, interest rate decisions and NFP numbers.
Charts & Timeframes
Yes, LimeFX offers more than ten indices for traders to choose from. LimeFX provides leveraged products, meaning you only need a margin deposit that makes limefx scam up a proportion of your full position size to gain full market exposure. LimeFX is a trustworthy multi-asset broker that cares about its customers.
- So the app boasts quick order execution, MT4 and MT5, low spreads, fast deposits and withdrawals, a variety of forex pairs, and full account control.
- LimeFX offers one of the lowest initial deposit requirements on the trading market.
- MT4 is a popular platform due to its broad range of options and its well-established reputation.
- His articles help everyday families build sustainable wealth, stop stressing about their financial security, and start living the life they’ve always wanted.
- LimeFX also offers free VPS hosting and allows fast access to funds after a withdrawal request.
However, LimeFX’s Mini account doesn’t require a minimum initial deposit. Nevertheless, traders still have a lot of confidence in LimeFX mainly because of its commitment to providing high-quality services. This is both the theoretical base that every trader needs and the practical skills to create a successful strategy. It is to maintain a continuous learning process that Eckness created his LimeFX Academy training center with many useful video lessons, tutorials, and other educational materials. The extensive knowledge of traders in the financial field and the deep understanding of the mechanisms of the markets are some of the most important factors for successful trading.
Standard Plus
LimeFX has several account-security tools that help protect against hacking. Security types are secondary account verifications, such as a six-digit code to confirm and action. This code is sent to your chosen method (phone, email, or, depending on your country, TOPN).
There are three types of Standard accounts, namely Standard Cent, Standard and Standard Plus. The company offers over thirty ways of withdrawing and depositing cash. LimeFX also offers free VPS hosting and allows fast access to funds after a withdrawal request.
- After selecting their country of residence, providing an email address and choosing a password, traders will be offered the options to open a demo or real trading account.
- Therefore, the broker may adjust your margin requirements and maximum leverage prior to weekends, holidays, and important industry news announcements to minimise your risks.
- This brokerage company is deemed the world’s largest Forex broker by trading volume.
- The broker offers a big assortment of the world’s most traded indices for CFD trading, including the FTSE 100, S&P 500, Dow Jones Industrial Average, and many others.
- Compatible with all instruments across all account types, the LimeFX calculator is particularly useful when traders open multiple orders involving different financial products.
LimeFX’ transparency and licences are indicators of reliability and a safe and secure trading environment. It is recognised as one of the most trustworthy brokers in the trading industry. LimeFX is licensed by several reputable financial regulators, including the UK’s Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). The multi-asset broker is also regulated by the Financial Services Authority of Seychelles (FSA) and British Virgin Islands’ Financial Services Commission (FSC). LimeFX CY Limited is located in Limassol, Cyprus and is the headquarters of LimeFX. The multi-asset broker’s retail operations are handled by two global offices.
LimeFX’s broker activities in the UK are supervised by the Financial Conduct Authority (FCA). In New Zealand, the company’s activities are regulated by the Financial Service Provider Register while CySec monitors and regulates LimeFX’s activities in Cyprus. LimeFX complies with the Payment Card Industry Data Security Standard (PCI DSS) to ensure your security and privacy. We conduct regular vulnerability scans and penetration tests in accordance with the PCI DSS requirements for our business model. The entities above do not offer services to residents of certain jurisdictions including the USA, Iran, North Korea, Europe, the United Kingdom and others.
LimeFX Trader
There are no restrictions about different types of trading strategies. It is this set of analytical tools and research materials that LimeFX provides to its customers. Such an individual development makes it possible to constantly improve the terminal, https://limefx.biz/ adding convenient and necessary functions for traders. A platform is a special Trading software that is used by traders to execute their trades. One of the main advantages of the LimeFX broker is simple and straightforward commissions.
Boasting a vast collection of 107 currency pairs, LimeFX’ forex market coverages are some of the most extensive and diverse in the forex trading scene. There are a total of seven major pairs available for trading, including AUDUSD, EURUSD and GBPUSD. LimeFX offers 25 minor currency pairs, which are essentially highly traded forex pairs without USD. Last but not least, LimeFX customers are given 75 exotic currency pairs to choose from. Made up of a leading currency paired with the currency of an emerging economy, exotic pairs are not as popular as majors and minors and are therefore subject to larger spreads.
The LimeFX Pro account is the only account type that offers instant executions. Instant executions enable traders to have LimeFX execute an order at their requested price, making it possible for traders to enter the market at a fixed price. Since instant executions are a powerful tactic in some trading strategies, the Pro account has unsurprisingly become one of LimeFX’ most popular account types. LimeFX is committed to fulfilling the needs of a wide spectrum of traders.
App support
You can observe multiple currencies simultaneously using the Economic Calendar. If the upcoming news and events are going to trigger higher margin requirements, they will be marked with ‘flame’ icons to alert traders. The WebTerminal is ideal for traders who prefer to trade without installing any trading terminals. Developed by the creator of MT4, the WebTerminal is essentially the web version of MT4 and MT5. It features an interface similar to that of its desktop version and is as secure to use. The LimeFX deposit process is supported by a wide range of payment options tailored to different countries and territories.
Platform details
Please note that a trader cannot use MetaTrader5 with the same credentials if he already opened a MetaTrader 4 account. Therefore, if he has to use both platforms it is advised to open separate trading accounts. Standard accounts are suitable for all traders, as they are the simplest and most accessible accounts offered by the broker.
What you can trade on MT5
Traders with ECN accounts enjoy spreads of up to EUR/USD 0.4 pips, but are charged a standard commission of about $2.5. LimeFX is a reputable online Forex broker launched in Russia back in 2008. Since its launch, the company has grown to become a significant player in the industry of online Forex trading. The broker is known for its easy to use platforms and also a high level of transparency.