Please note, some markets may only be available via CFDs or other derivatives. Compare LimeFX with the top 3 similar brokers that accept traders from your location. However, the broker does provide a proprietary mobile app, limefx scammers which is available for Android and iOS devices.
Yet while MetaTrader is a popular platform for forex traders, the lack of a proprietary desktop/web platform is a considerable drawback for beginner traders looking for a simplified trading experience. Another helpful feature is MT4 MultiTerminal, allowing experienced traders to manage multiple client accounts simultaneously. The upgraded version of MT5 provides a more advanced suite of 80+ technical tools, such as additional indicators, extra order types, and access to a broader range of asset classes, including stocks, bonds, and cryptocurrencies. It includes Depth of Market (DOM) features and a built-in economic calendar. MT4 is well-known for its simplicity and reliability, making it best suited to forex trading.
Account Opening
To start generating more significant profits, a micro lot account can be a good choice. Micro lot trading accounts typically operate with account balances between USD 1,000 and USD 10,000 and allow you to trade with a fraction of a standard lot (i.e. USD 100,000 of any currency of your choice). With the reasonable use of your initial deposit and some leverage you can gain considerable profits on a micro lot account. If you are just starting to trade forex, a demo account is a good choice. It has the great advantage to simulate all the functions of a real trading account, and it allows you to conduct trading operations under real market conditions. The only exception is that a demo account is funded with virtual currency, so your gains and losses are also simulated.
INSTRUMENTS And SPREADS
Experienced traders may prefer the LimeFX Zero Account for its lower spreads and cost efficiency. LimeFX offers a wide array of educational materials, designed to cater to traders of all levels, enhancing their trading knowledge and skills. These apps, compatible with a variety of devices including iPhones, iPads, and Android phones and tablets, ensure that mobile users have unrestricted access to all market types and order options. Depositing and withdrawing funds with LimeFX is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world.
Contacting customer support
Once the application is complete, there is a short delay whilst the broker verifies your details. During this waiting period, it is possible to fund your account before it is live. With regards to the forms, the information you will supply is to make sure that you can be identified by the broker; during this process, you will need to upload some proof of identification. The charting and tools found on the MT4 and MT5 platforms are still widely considered to be the industry benchmark. The LimeFX WebTrader platform is accessible via any web browser ensuring access to the markets can be gained from anywhere with an internet connection. Setting up an account at LimeFX is easy and the minimum balance required to open an account is a super-low $5.
- The 80+ indicators can be applied to a charts which can be set to a wide range of time frames and the ‘last market price’ monitor allows clients to see into the heart of the market they are trading.
- This is great for traders who love to trade multiple assets as they can get access to these assets on a single trading platform.
- The LimeFX customer services team benefits from global operations and can be reached in 27 different languages.
The MetaTrader mobile app provides an experience similar to the high-quality limefx courses scam desktop version. Clients can access all the services necessary to support their trading. The MetaTrader MT4 platform is the most popular retail trading platform in the world.
LimeFX also provides negative balance protection and segregates client funds for EU and non-EU customers, helping to safeguard your funds from excessive losses and misuse. LimeFX offers a diverse range of over 1,250 CFD trading products, including forex, shares, indices, and commodities. When funding an established trading account, no minimum deposit is required, although certain e-wallet payment methods require a minimum of $5. To start trading with LimeFX, an initial minimum deposit of $5 is required for Micro and Standard accounts, $50 for Ultra-Low accounts, and $50 for Zero Accounts. This design provides a seamless and consistent trading experience across different devices, allowing traders to manage their activities efficiently while on the move. MetaTrader 4 on LimeFX is tailored for forex traders looking to develop and execute automated trading strategies.