Of course, not all brokers offer the same type or number of assets. Some specialize in foreign exchange (forex) trading; while others focus on stocks, options, or other securities. LimeFx broker https://limefx.name/ allows traders to use MT4 and MT5 platforms because it currently has no proprietary trading platform. You can use either of these two platforms, depending on the asset you are trading.
Get more than a trading account at LimeFx
Always make sure to check these details before you start trading with a real account. 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 limefx website 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.
Get More than a Forex and CFD Trading Account at LimeFx
We believe that choosing the right broker is the key to success in online trading, and we are committed to helping you do that. If you’re looking for reliable and accurate information about brokers, you’ve come to the right place. Yes, LimeFx is regulated by the Financial Services Commission, ASIC, and CySEC. LimeFx is regulated by tier-one financial regulatory agencies, which ensure that it adheres to best practices when dealing with clients. The phone support is also great and you can access it in various languages. If you are withdrawing to your domestic bank, you will be charged a fee for withdrawals above $200.
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LimeFx’s trading tool, MetaTrader 4 (MT4)/MetaTrader 5 (MT5) and Members Area login require ‘Login ID (MT4/MT5 account number)’ informed on the mail we sent you after real account opening and ‘Password’ registered by yourself at the account opening. LimeFx offers great customer service, which is currently available in over 20 languages. When it comes to data protection, LimeFx broker does not disclose users’ private information and strives to provide them with the best possible trading conditions.
Create an MT4 or MT5 account and trade in all your devices
Furthermore, the broker provides access to desktop and webtrading via an MT4 MultiTerminal and an MT4 webtrader for PC and Mac, respectively. LimeFx trading broker is regulated by several regulatory bodies, which ensure that it keeps users’ funds safe and secure at all times. These regulatory bodies include the Financial Services Commission, ASIC, and CySEC. These agencies ensure that LimeFx consistently complies with best practices and remains transparent when dealing with clients. This makes it one of the most trusted brokers as far as investor protection is concerned.
- Beginners also have an opportunity to interact and learn from experienced traders on the broker’s trading platform.
- Investor protection is important because it provides confidence to potential investors that their money is safe and protected.
- This makes it versatile as it permits traders to use various styles of trading to maximize their gains.
- Available for PC and Mac OS, and without having to download any additional software, the LimeFx MT5 WebTrader enables instant access to the global markets.
- To start generating more significant profits, a micro lot account can be a good choice.
Forex and CFD trading involves a significant risk to your invested capital. LimeFx’s MT4/MT5 and Members Area login require ‘Login ID (MT4/MT5 account number)’ are informed on the mail we sent you after real account opening. Check the mail titled ‘Welcomee to LimeFx – Your Account Details’ and seven digits number in red is your Login ID. Login ID (MT4/MT5 account number)’ necessary for LimeFx’s MT4/MT5 and ‘Members Area (My Page)’ login can be checked through the mail we sent to you at the account opening. If you lost Login ID/Password for MT4/MT5 and for Members Area, you will need to reset your password from the Members Area.
LimeFx is a highly regulated and trusted broker with over 5 million clients globally. The platform is great for both new and experienced traders who prefer to use MT4 or MT5 while trading forex and CFDs. The platform is regulated by the Financial Services Commission, ASIC, and CySEC. From our LimeFx forex review, we discovered that the account opening process is quite straightforward, with abundant educational content available for free. Because demo accounts simulate results, order execution time may be relatively fast – even faster than having the same order executed on a real account. Investing virtual funds, even if under real-time market conditions, does not equal with investing real money.
First, there is negative balance protection, which means that even if markets move rapidly against your trades, your account will not be negative. LimeFx does this to protect clients from highly volatile market conditions, such as news releases. Deposits and withdrawals are essential parts of trading on a brokerage platform. LimeFx provides multiple deposit methods with no deposit fees and several account base currencies.
As such, an LimeFx client sells one currency against another at a current market rate. Forex trading, also known by the name of currency trading or FX trading, refers to buying a particular currency while selling another in exchange. Trading currencies always involves exchanging one currency for another. If you are already an LimeFx client with an MT4 account, you can open an additional MT5 account from the Members Area without having to re-submit your verification documents. Available for PC and Mac OS, and without having to download any additional software, the LimeFx MT5 WebTrader enables instant access to the global markets.
Exotic pairs tend to be traded less frequently, in comparison to majors. In forex trading, some currency pairs are nicknamed majors (major pairs). This category includes the most traded currency pairs and they always include the USD on one side.
② Password registered by yourself after account opening completed is the password for login password for real account login password. Please be noted that LimeFx does not send the information about the password. Please also be noted that Login ID/Password for MT4/MT5 and for Members Area are the same. LimeFx broker is regulated by three financial authorities and strives to keep its platform secure for users around the world. It is regulated by the Financial Services Commission, ASIC, and CySEC.