Before making a deposit, the user should know whether LimeFxFx takes a commission in case of withdrawal or case of deposit? It also covers the percentage of fees applied by LimeFxFX payment systems. Whether there is a limit to the number of daily deposits of LimeFxFX. But overall, LimeFx is a good broker if you are looking for low-cost forex trading, without commissions. On the downside, their trading instruments are limited as they only offer upto 50 currency pairs & other CFDs.
LimeFx MetaTrader 4
Yes, LimeFx offers customer service and website information in multiple languages. Yes, to continue using the VPS service, traders must perform a minimum of 10 monthly standard lots. LimeFx’s MT4 platform lets traders personalize it to their trading tactics and preferences. Furthermore, LimeFx ensures that MT4 users in South Africa have consistent execution rates and minimal latency, both of which are critical for day trading and scalping tactics. Once complete, contact LimeFx’s customer service again to confirm the closure of your account.
LimeFx Affiliate Program
Just create a trading account and enjoy all the benefits of an Islamic account. LimeFxFX, a well-established and licensed STP broker, provides trading on fewer financial assets than most other brokers. LimeFxFX provides two live accounts, each with its own platform, namely MT4 and MT5.
- Two more advanced methods of price prediction are technical analysis and fundamental analysis.
- In MetaTrader Pro 5, a minimum deposit of 500$ will be accepted for the account.
- We can tell you that LimeFxFX has segregated accounts, which is the minimum you would expect to see from a broker as you don’t want them to be able to access your funds.
LimeFx Account Types and Features
Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here). The security of your funds – in terms of regulatory protection – will depend on which LimeFx entity holds your account, and which –if any – relevant regulations provide customer protections. It’s worth noting that LimeFx’s primary execution venue is one of its own entities in St. Lucia.
LimeFxFX minimum deposit and payment methods
The platforms offer analytical tools, such as highly adjustable trading robots (EAs), numerous technical indicators, and sophisticated charting capabilities. This adaptability enables a highly customized trading experience accommodating different trading philosophies and tactics. LimeFx’s MetaTrader 4 platform is well-known for its dependability and full capabilities. MT4 provides comprehensive technical analysis tools, a user-friendly interface, and automated trading capabilities via Expert Advisors (EAs) for South African traders.
LimeFxFX only supports two deposit currencies to fund traders’ accounts. Apart from these two currencies, no other currency can raise funds. As the broker LimeFxFX is in the average range, it allows the customer to deposit $100 as the minimum deposit in the first instance. This offer allows the customer to start a business with a minimum deposit. FxPro Fees and Spreads Trading will involve fees from USD 3.50, spreads from 0.06 pips, and commission-free trading depending on the account traders select.
Are there local Nigerian deposit and withdrawal methods offered?
The LimeFxFX app is also available for traders to download and practice convenient trading from anywhere in the world. The LimeFxFX trading app is supported on iOS and Android; simply go to the website and navigate the trading platform space. The minimum deposit in a trading broker is one of the conditions that help each broker to specify the portion of the deposit.
Each platform runs on Windows, iOS, and Android, so no matter which device you trade from, you’re free to use the platform you like the best. If you’d like to trade stock market indices, pick from one of ten major global indices. These include the SP500, Nasdaq, French CAC40, and Australian SPI 200. LimeFxFX is also registered as a company in Saint Lucia, and its trading name is LimeFxMarkets. The currency market is the largest investment market in the world.
Traders may get access to these WebTrader via the official LimeFxFX website, where they can log in with their credentials and begin trading. Traders can also use these WebTrader directly from LimeFxFX’s mobile app. Traders of all experience levels will find that MT4 is a good option when seeking a platform that is not only simple but also sophisticated and powerful.
The LimeFxFX platform is essentially a white-label licensed version of MT5. The main advantage of this platform is easier sign up and less hassle when making limefx courses scam deposits and withdrawals. The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers.
Whilst depositing in cryptocurrency is classified as free from LimeFxFX, you will need to consider that to execute a transfer across the particular chain may bring its’ own fees. Whilst you will notice that $25 remains the minimum deposit LimeFxFX require for Perfect Money, there is a transactional fee also attached to that payment method. LimeFx offers barely 230 tradeable instruments, which varies by platform, with the most on its MT5 offering.
Furthermore, LimeFx offers this VPS service to all account holders for free, assuring access to a safe and dedicated virtual server situated in a highly secure data center. Furthermore, users earn reward points equal to 1% of their rebates. This multi-tiered approach to compensation ensures that traders maximize their https://limefx.biz/ earnings while actively participating in the market. Yes, LimeFx offers a variety of teaching materials developed exclusively for traders fresh to the market. To deposit funds, you must first log in to your LimeFx trading account. Therefore, overnight fees do not apply to open positions held longer than 24 hours.
We always recommend you trade with an appropriately regulated broker, with this in mind LimeFxFX is an option if you are based in the European Union where CySEC regulates them. If you are outside this region, we can’t fully recommend LimeFxFX as you will be trading with their subsidiary based in Saint Lucia where they only need to register as a company. But, even for simple questions, we didn’t find the customer service options impressive. When questioned further, the same customer support person couldn’t verify if we could deposit via a credit card and advised us that we could probably use cryptocurrency to deposit.
As a beginner, you can simply track the general direction of the price on the chart and open Buy orders when it goes up or Sell orders when it goes down. This may not get you a guaranteed profit every time, however, it is a good start for developing your strategy. Margin is the amount of funds required to open new and maintain open positions. You can use our Trading Calculator to figure out your required margin. If you don’t have enough funds (for example, if your floating loss gets too high)—you might be asked to top up your account to keep your orders. After pressing the Open Account button, a registration form will appear.
