Forex Trading How Forex Trading Works at LimeFx

In addition to other educational resources, LimeFx offers extensive information to guide the use of MT4 and MT5. On the pages for each platform, you will find multiple tutorial videos. These cover things like using Expert Advisors, placing orders, the terminal window, using templates, and more. There are more than 80 technical analysis objects plus more than 40 analytical objects. MT5 allows hedging, full EA functionality, and one-click trading.

LimeFx Group was founded in 2009 and has since grown into a large globally established trading broker. This experience combined with strict regulation and customer service in over 30 languages makes them one of the best forex brokers for traders from all different backgrounds and levels of experience. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms. Up to $5,000,000 is available in virtual credit and you can test strategies risk-free on any of the broker’s trading accounts.

1. 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.
2. Starting from our account opening procedure, to managing your account, depositing or withdrawing funds and finally trading, it’s all straightforward simple and easy to use for all our clients.
3. LimeFx may charge overnight financing fees for holding CFD positions overnight.
4. Once traders gain experience of the whole trading experience they can migrate to the Standard account for larger contract sizes.
5. They are also regulated with the International Financial Services Commission of Belize (IFSC) and the Dubai Financial Services Authority (DFSA).

LimeFx also offers live account holders free forex signals from Avramis Despotis in the Member Area. It is also worth noting that MetaTrader 4 and MetaTrader 5 are very widely used. As such, there are also numerous support and educational materials available online from third parties.

Futures Fees

Demo accounts have all the features and functions of a real account, including the speed of execution. Traders have access to $100,000 in virtual trading funds with real-time data and analytic tools. Traders can choose forex or multi-asset options when opening their accounts.

The brokerage has offices in multiple countries, including headquarters in Limassol, Cyprus. The brand is comprised of a group of online trading entities, with regulatory oversight from the https://limefx.vip/ likes of the CySEC, ASIC, and DFSA. We did not come across any strategy restrictions when we used LimeFx. Scalping, hedging and automated trading are all permitted on the broker’s accounts.

Trading Hours

Each unique account provides you with a login number that allows you login to the trading platform that you selected during the registration. Different brokers use different names for trading accounts, offering different trading conditions for each. Always make sure to check these details before you start trading with a real account. As the broker provides opportunities for both types of traders, whether they want to bear commission with zero spreads or do commission-free trading with avg spreads. If you are looking for a broker with commission-free trading and the tightest spreads at the same time, Admirals might be an option for you to consider. The LimeFx VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity.

They are available 7 days a week from 37 webinar instructors and in 19 languages. To view the schedule, simply click on the language of your choice. LimeFx gives clients access to an extensive Research and Education center.

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I am always on the lookout for new trading tools which can help make my market analysis more accurate. Sometimes I can go through hundreds before finding something that I will implement into my day trading activities. I am impressed with these indicators and certainly see how they can help spot market movements.

How To Open An LimeFx Account

The ASIC regulation is top-tier and means that LimeFx needs to run a responsible, ethical and professional company to service its clients. The history of growth and stability over the 11 years of trading gives us confidence in LimeFx. Although it is not a public company limefx website or has a bank attached, we believe they have a strong track record. There are almost 1300 individual stock CFDs from 18 countries around the world. In addition to the US and Canadian stocks, there are equities from 14 European countries, Brazil and Russia.