LimeFX Review 2023 Forex trading and managed accounts

my LimeFX

Choose from LimeFX Mobile, our easy, yet powerful mobile app, or MetaTrader 4 or 5, the world’s most popular feature-rich platform with advanced charting and analysis. TradingBrokers.com is for informational purposes only and not intended for distribution or use by any person where it would be contrary to local law or regulation. We do not provide financial advice, offer or make solicitation of any investments. You are given direct market access (DMA) via the ECN accounts which are available on MetaTrader platforms.

my LimeFX

This fantastic market analysis tool provides you with free trading signals by recognizing patterns on the charts. My favorite feature is how it automatically analyzes the charts and gives you its predictions. I also like how Autochartist is customizable to your specifications and can save you from hours of chart watching. The ‘LimeFX invest’ app is an Android and iOS app that was designed by LimeFX to help investors to manage their investment portfolios.

Where can I learn how to trade Forex?

Signal providers are rated within the MT4 or MT5 platforms. You can choose from different traders and strategies that you would like to copy. The payable limefx subscription fee is stated by the signal provider. I have to reiterate that past performance is by no means guarantee of future performance.

We have over 20 years of experience when it comes to trading online so we know what to look for. I don’t like how LimeFX only has offshore regulators as these could be considered to be inferior to that of the FCA, ASIC, or CySEC. Most traders and experts advise against trading with offshore regulated brokers. You can check out our broker ratings for some alternative brokers with additional regulations. I found the assets listing of LimeFX to be very small compared to that of top-tier brokers like IG. I believe improvement is much needed on the training resources provided as many people prefer video lessons like those provided by Fortrade.

  • The primary difference I found is that the newer MT5 has more features just like the desktop version.
  • The Strategy Managers earn through commissions paid by their copiers.
  • However, regulation could be improved as could the number of trading instruments offered.
  • Due to a migration of services, access to your personal client area is temporarily disabled.
  • If LimeFX is not accepted in your country, you can find alternative brokers through our broker comparison tool.

PAMM and investor accounts are also available if you prefer to invest your funds in other traders. All investment carries a certain degree of risk, which is why we recommend that newcomers practice on our demo accounts. In all fairness to LimeFX, account funding options is an area they really excel in. You can make deposits and withdrawal using a generous range of payment options. This includes the standard bank transfer and card payments you would expect from most brokers along with a variety of digital wallets.

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Moreover, you will find out about money management, learn to keep your emotions under control, discover how trading robots can be useful, and much more. You can take part in our courses online from the comfort of your own home. There will be two messages that appear when you’re unable to access your trading account. If it says “no connection”, it means you’ve selected the wrong server. If it says “invalid account”, it means you’ve entered the wrong ID/password.

All accounts are grouped into either standard or ECN accounts. If you’re looking to trade on other platforms, I recommend checking out our best trading platforms list. Our mission is to offer you an unparalleled trading experience.

Today, Forex is the largest financial market in the world. LimeFX offers you forex and CFD trading on the MetaTrader platforms. Since they don’t offer crypto trading, you could check out Vantage for your crypto needs. With a mission to ensure your safety, LimeFX offers instant executions, competitive spreads and modern trading technology solutions. I found the trading conditions to be acceptable although there are better forex brokers out there from my experience.

  • Take advantage of both rising and falling prices with Stocks CFDs from a leading global broker.
  • The LimeFX customer support team works from Monday to Friday.
  • The fund also has more than 10 continuous programs in place that help to focus the charity’s efforts and achieve more.

I prefer the MT4 and MT5 platforms due to their simplicity, scalability, flexibility, and reliability. I like how they also provide Demo and Cent accounts for tyro traders. The LimeFX customer support team works from Monday to Friday.

About this app

Ready-made solutions for lucrative, one-click investments. You can invest your funds in the accounts of experienced traders so that you don’t have to trade yourself. LimeFX also provides you with Autochartist, trading signals, expert analysis, and other tools to assist you in making your trade decisions.

my LimeFX

A read-only password is a public password which allows you to show your results to your investors and has no trading permissions. Full information on this can be found on our Contract Specifications page. There are some fees that apply on ECN MT4 and ECN MT5 accounts. Check out the full list of all the trading instruments we offer here.

Company news

However, I still prefer the MT4 as I find it more user-friendly with a simple user interface. Both versions are free for you to use and available as desktop applications, WebTrader and as mobile apps. The application interface of both platforms is very similar, both on mobile and on computers.

Your Path to Trading Glory Starts Here

You can make a profit on the Forex market when the value of a currency drops as well as when it increases. Furthermore, traders can make trades on the Forex market from anywhere in the world; from London to Timbuktu. This is LimeFX’s social trading https://limefx.club/ platform that enables you to replicate the strategies and trade positions of another trader called a ‘Strategy Manager’. I like how there is a list of strategy managers along with their performance statistics to assist you to make a choice.

The major difference is that the MT5, being the newer version, has more features and capabilities than the older MT4. If LimeFX is not accepted in your country, you can find alternative brokers through our broker comparison tool. LimeFX is a trading broker with many years of trading experience, having been through some significant ups and downs. The brand was established in Russia in 1998 but has expanded its operations to a global reach.

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The brand is regulated in multiple jurisdictions and serves clients from several countries. I like how the broker has multiple payment methods which include localized payments for different countries and jurisdictions. This shows that they really put their clients above all else. The market analysis section of the website is updated frequently.