The broker has two referral programs, including the Invite a Friend and the IB partner programs. Locate and click on the mobile application links on limefx website Google Play Store or Apple Store and download the app from there. These are really cool guys and even have a small experience of working with them.
Copy trading is a way to make trading more accessible by copying trade positions. Moreover, you do not need trading experience for copy trading, so even novice traders can participate without incurring losses and risks. LimeFX charges no commissions and additional/hidden fees, which makes the broker a safe space for traders, especially novice traders. Trading with a reliable broker is important for traders to be shielded from potential risks and challenges. LimeFX is an online forex, and CDF trading broker awarded the Most Reliable Broker Asia 2023 at the Global Forex Awards. LimeFX also has a 50% deposit bonus which is available for South African traders as well.
Commodities
MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. These are all useful and important tools to utilize for any forex trader on all platforms and brokers. When it comes to spreads and commissions, LimeFX works both with floating and fixed spreads.
Account funding at LimeFX
The LimeFX Demo account does not expire and is available without limit. LimeFX provides negative balance protection, ensuring that traders cannot lose more than their account balance. The app features Space, an exclusive feed by LimeFX with technical and fundamental market analysis, trend directions, market news, economic calendar, and more from LimeFX analysts. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. Yes, it offers a proprietary trading platform known as LimeFXTrader.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Filippo Ucchino created InvestinGoal, a comparison site and educational portal for the online trading and investing industry. Through InvestinGoal, Ucchino helps users navigate the world of online investing and trading by providing trading guides, best brokers rankings, broker reviews, and broker comparisons. Managing risk is of course a vital element for any forex trader and broker combination. LimeFX utilizes all of the tools that are in place with your trading platform to help you to do this. LimeFX offers 24/7 customer support through live chat on the broker website.
Is LimeFX Legal in India?
LimeFX offers various educational resources, including trading guides, webinars, and market analysis. LimeFX Copytrading lets you copy expert traders automatically, saving you the time and effort of creating your own trading strategy. The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. The broker also asserts its technical environment is constantly monitored and protected by dedicated teams of technical specialists and security.
In addition to this, LimeFX is one of the MetaTrader 4 brokers and also offers the MetaTrader 5 platforms to traders. MT4 and MT5 are the gold standards when it concerns automated trading solutions. To access the full range of the broker’s offerings and functionality, clients can use any of the 3 trading platforms that are available as apps for mobile and limefx reviews on the web. Both iOS and Android versions of the trading platforms are also available for on-the-go traders.
- LimeFX makes use of segregated accounts to protect their clients’ funds coupled with negative balance protection.
- After clicking on the withdrawal option, next is the selection of the payment methods, and the amount to be withdrawn to get the withdrawal completed.
- With our Expert finds and review we consider proposal a good one, there are low fees and very low deposit requirements for Forex trading and conditions are overal good.
- The generous bonuses and promotions complement the excellent core trading services, explaining why LimeFX has attracted deposits from more than 42 million traders.
MT4 remains the market leader for algorithmic trading and is the most versatile trading platform with 25,000 custom indicators, plugins, and EAs. The social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by LimeFX. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. Deposits made to trading accounts must therefore be made from bank accounts in your name only.
Withdrawal Fees
LimeFX also offers a free Telegram channel with strategies, trading ideas and other exclusive materials from experts. The LimeFX website has an extensive education section with videos and articles for beginner and intermediate traders. If you prefer web trading, LimeFXTrader web version is also available. Bonuses of 10%, 20% or 50% can be claimed on each deposit with LimeFX but there are even bigger bonuses available during holidays and other limited-time events. With a rating of 4.4 out of 5 after 3.9K+ reviews, the company reputation speaks for itself regarding legitimacy concerns. There is also a Trader’s Glossary with precise definitions of common forex terms to help clients become familiar with different trading terminologies.
