LimeFX trading platforms review: MT4, MT5, Web terminal, original mobile app and more

However, payment systems sometimes require an additional fee for their services. Therefore, it is essential to check this information about the method of payment in advance. Raw Spread account allows to check up-to-date prices for tools and permit to perform financial operations with minimal broker’s influence.

LimeFX is a popular global broker with 9 different trading accounts and one of the lowest fees in the industry. LimeFX also allowed me to open a trading account with ZAR and trade 100 forex pairs, more than most other brokers. Regulated by the South African FSCA from 2021, but South Africans participate through companies in Seychelles. Despite the low fees and ZAR trading accounts, excellent trading tools, and wide variety of trading platforms, the lack of FSCA protection can be a problem. In conclusion, LimeFX is a reliable and well-regulated forex broker, offering a variety of trading instruments and a wide range of trading platforms to meet the needs of its clients.

LimeFX platform mt4: installation

Unfortunately, the rest of the trading instruments remain below average. LimeFX features seven cryptocurrency pairs, twelve commodities, and 81 equity and index CFDs. Despite the overall limited choice of trading instruments at LimeFX, it trumps OctaFX. Traders have only 32 currency pairs, ranking among the worst selections industry-wide, five cryptocurrencies, five commodities, and ten index CFDs. Where LimeFX provides Forex traders with an edge, OctaFX fails to serve any trader well and has one of the worst overall asset choices.

Overall, I consider LimeFX a safe broker to trade with, albeit with a few caveats. A broker’s withdrawal from the EU/UK market following stricter regulations is certainly a consideration, but the broker remains well-regulated in many areas. Founded in Russia in 2008, the LimeFX Group is a relatively new limefx courses scam Forex and CFD broker. This broker has grown rapidly since its inception and now has over 145,000 clients worldwide and is regulated by seven national authorities. As already explained, this broker has only been established since 2008, but I can’t say for sure whether this broker is good and safe.

Types of Money Management in expert advisors

LimeFX offers a variety of trading platforms, including the popular MT4 and MT5 trading platforms, available for download on desktop and mobile devices. In addition, LimeFX also offers its own trading platform, LimeFX Trader, which is available on the web and mobile devices. The LimeFX platform offers an intuitive and easy-to-use interface, as well as a wide range of technical analysis tools and resources. Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through LimeFX VPS. LimeFX is a fantastic option for novice and seasoned traders because of its wide range of account types (demo, standard, and professional) and inexpensive $10 minimum deposit.

• Both brokers offer negative balance protection and segregate client deposits from corporate funds.
• The standard account is a commission-free, feature-rich account suitable for all traders, including beginners, offering market execution, stable spreads and no requotes.
• To start a trading journey, each user should log in or register the Account, validate the information, and click on deposit funds.
• The education portal is accessible for registered users and visitors.
• It is globally recognized and acceptable in many trading businesses over the world.

If you prefer to set up automatic operations in the trading terminal, then Expert Adviser (EA) can meet your trading needs. Gold CFDs (XAUUSD, XAUEUR, XAUGBP, and XAUAUD) and silver CFDs (XAGUSD, XAGEUR, XAGGBP, and XAGAUD) are among the currency pairs available for trading on MT4 with LimeFX. Platinum (XPT) and palladium (XPD) are two more precious metals that can be traded in currency pairs. MetaTrader 5 facilitates currency pair trading in the most widely used digital currencies.

Trading Contests

I’m new to trading and investing, I wanted to buy Bitcoin and Ripple. They make it easier for me to make profitable trades, as I am not losing money on excessive fees. Expert Advisors are a cross functional tool for working on the Forex market for a beginner as well as for a professional. The main and indisputable advantage of Forex Expert Advisors or robots is the ability to control the situation in the marketplace 24 hours a day. Using such a trading robot, the investor must follow the recommendations attached to it.

For example, a professional Account’s limit starts from 200 dollars. LimeFX signals are reliable, based on LimeFX financial experts` analysis and complemented by trading analytics and instant market updates follow-up. Each course consists of several sections with text materials and quizzes. It is possible to check unknown terms in a glossary, to watch video guides or previously recorded webinars. Every user can check industry updates via the ‘Market insight’ tab. The education portal is accessible for registered users and visitors.

Is LimeFX review scam or reputable? Pros and Cons on LimeFX

The program will open the license agreement – after reading it, tick the checkbox to agree to the terms and conditions. Then select the folder where https://limefx.name/ you want to install the trading platform and click on Install. The application/computer program will prompt you during the whole process.

More detailed information about terms of strategy usage is provided here. Metatrader LimeFX is a convenient platform for trading in financial markets. A trader can support accounts on both platforms simultaneously. Please pay attention when registering an account, for which version it is available.