LimeFx Review Multi-awarded Broker

The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading licence. A HFCopy account is a copy trading account, which allows limefx review you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading.

1. LimeFx is a safe broker, considering they are regulated by top-tier financial authorities.
2. Maybe, it was a bit confusing for him because of the abundance of tools, but still.
3. Crypto now is popular and they were one of the first brokers to include it.
4. Multiple courses, webinars, and educational events are provided on the official website of the broker.

This is a much faster method of depositing and withdrawing funds than a standard bank wire, with deposits reflecting almost instantly and withdrawals received within 2 business days. An email with the same credentials will be sent to you for future reference. You will https://limefx.vip/ need to use these credentials to log in to your LimeFx demo account. Your demo account will be created & you will get your login credentials like the picture below. Enter your personal information, such as your name, email address, phone number, and country of residence.

Popular Forex Guides

The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed. But, when it comes to developing trading skills that are going to mean the difference between profits and losses on your account, LimeFx isn’t going to help you get there. There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes. For urgent technical support or inquiries, calling the company’s phone line would be a much quicker option, but be aware that international calling may be costly. When testing out the live chat feature, I found it to be error-prone, and not particularly useful for getting helpful information quickly or efficiently. If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these.

Account Opening

ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. LimeFx offers upgraded MT4/MT5 trading platforms and its proprietary mobile trading app.

Over time, LimeFx has grown from operating mainly in Europe to being a global broker, covering many regions. As well always consider overnight or rollover fees as trading costs in case you holding an open position longer than a day. This fee is defined by each instrument separately and you will see it directly from the platform or upon the opening of the trade, see below example with Cryptocurrencies. Below you may see a comparison of the most popular instruments, the typical spread based on Standard conditions, as well for your information compare fees to another broker LimeFx. While trading with LimeFx we founf availabilitty of fixed or floating leverage, which is indeed a very useful tool, especially for traders of smaller size. Leverage brings an opportunity to increase your potential gains through its possibility to multiply balance in a particular number of times.

Unique Features

The features found in the app are a bit more basic compared to the MT4 and MT5 apps and much more basic than the MT4 and MT5 webtrader and desktop versions. If you have an insight on interest rates, or where the bond markets will move, you can trade contracts based on the Bund, Gilt, and U.S. 23 indices and 34 ETFs covering US, European and Japanese markets are available. We gave them this score from evaluating their regulation, reputation, and reviews.

LimeFx Trading Conditions

MetaTrader 4 and MetaTrader 5 are compatible with your PC, Android, and Apple devices. What’s more, you can access assets via a web trading platform. The final part is choosing your trading platform, depositing funds into your account, and starting trading. Don’t forget to download and install mobile apps that are available for both Android and Apple devices.