If a broker has a GREEN VERIFIED, then the information about its parameters has been received from the broker and been examined by us! GREY NOT-VERIFIED means that information about the parameters of the broker is collected from open sources on the network, BUT it is not confirmed by our tests. RED NOT-VERIFIED means that there is no unambiguous information on this broker in open sources and the specified parameters may differ greatly from the actual ones. Yes, LimeFx routinely offers discounts and incentives to new and current customers. Check their website and social media accounts for the most recent specials and qualifying requirements. LimeFx offers access to 40 forex pairs, including major, minor, and exotic ones.
He has previously worked within financial markets over a 12-year period, including 6 years with Merrill Lynch. LimeFx for investors and tradersCopy Trading is one of the most popular LimeFx services. It that allows investors to make money in the financial markets by following the strategies of experienced traders. The system transmits trading signals from the source (i.e. managing trader) to the recipient (i.e. the investor). The signal when a trader opens or closes a trade is copied to the investor’s account automatically. Providing brokerage services in Latin America, Asia and CIS, LimeFx focuses on offering high-quality services and comprehensive support to its clients and partners.
LimeFx is rated “excellent” on Trustpilot with a 4.6 rating based on 897 ratings. This high rating underscores the broker’s satisfactory customer service. The secure and user-friendly back office handles all financial transactions for verified traders, and nine https://limefx.vip/ payment processors exist. I want to caution beginner traders when using demo trading as an educational tool, and they should consider the limitations. Demo trading does not grant exposure to trading psychology and can create unrealistic trading expectations.
This step makes sure you have a verified account to be able to withdraw funds easily. Users are required to complete verification before they can deposit funds with LimeFx. An ID or passport will do the job, and documents should be valid and issued by legit government authorities. After this process, it is recommended to verify the payment method that you are going to use. Just log in to your account on the preferred payment method’s account screenshot and send it to LimeFx.
Depending on the trading strategy, it may become the most significant fee per trade. I always recommend that traders check these before evaluating the total trading costs. Markets are keenly awaiting today’s release of crucial US CPI data, which is expected to show a fall from last month’s data. The result will likely impact stock and limefx reviews Forex markets, especially the US Dollar. The liquidators have implemented a manual verification process and are seeking court directions on handling and distributing trust funds to expedite the process. Assuming limited opposition, the court process is expected to take 6-10 weeks, with distributions commencing shortly thereafter.
There are almost all support methods available on the AMarekts’ website, from direct contact via phone to 24/5 live chat. They also have a Telegram channel and email support is working properly. There is only one downside here, we weren’t able to find an online form. But since other support channels are working fine, this is just a minor inconvenience. Live chat, which is the most important support for any trader, is working well, and the personnel seem polite and knowledgeable, quickly answering questions on any topic asked.
LimeFx offers 24/7 customer support, and traders can reach out via e-mail, phone, Telegram, or live chat. LimeFx explains its services well, and I recommend the FAQ section before contacting support. I miss a direct line to the finance department, where most issues can arise.
Supported account currencies are the US Dollar and the Euro, while the cryptocurrency account is a Bitcoin-denominated option. The automatic stop-out level is at 20%, except for the EXN account, which is at 40%. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-based ECN account. Unfortunately, we do not provide services to citizens and residents of this country. LimeFx is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of LimeFx’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim.
Because of this, brokers should offer different account types to appeal to all trader types. Scalpers prefer the lowest spreads, while day traders want to trade with lower overnight costs and smaller commissions. LimeFx offers customizable demo accounts on the MT4/MT trading platforms, but the default balance of $10,000 is high. My review did not uncover a time limit, suggesting that LimeFx understands the requirements of demo trading. I recommend traders use the demo account registration of MT4/MT5 and use similar settings to their preferred live portfolios for a more realistic demo trading experience.
There is no need to download or install any software as trades are copied automatically in the web-based platform. Traders pay a set percentage of profits for the right to copy a strategy. The MetaTrader 5 mobile app also provides many order types, including pending and stop orders. However, trailing stop-loss orders are only available from the desktop. To change the language of the MT5 app, you must change the language for your entire phone. As with the desktop and web platforms, the interface is not highly intuitive, but the MT5 app offers an above-average range of features.
At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. LimeFx offers a selection of insightful and practical educational materials. These include articles in the blog section and a comprehensive knowledge base. The educational offering could be improved by adding courses and live webinars. More in-depth analysis is available in the Main Trade Ideas section of the website.
