Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the LimeFxFX trading instruments available and the regulations governing them based on your account holder, location, and chosen platform. When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee.
You should consider whether you understand how derivatives work and whether you can afford to take the high risk of losing your money. The promo codes, according to their customer support, is a unique offer for some new clients. Nevertheless, new users https://limefx.group/ can always use the promo codes of LimeFxFx affiliates to receive bonuses or chat with the live support on their website to get the promo code. A review of the broker’s trading instruments reveals that users are allowed to trade over 120 stocks.
- In doing so, we often feature products or services from our partners.
- I rank LimeFx among the best-priced ones, and LimeFx delivers on its statement to help Forex traders earn more.
- Each platform runs on Windows, iOS, and Android, so no matter which device you trade from, you’re free to use the platform you like the best.
- There is also an availability of multiple trading tools and indicators, which serves to enhance clients’ trading experience and help them trade confidently.
The effect of leverage on profits and losses magnifies them in both directions. In other words, LimeFxFX leverage profits and losses are magnified when trading. For instance, using CFDs, you use the LimeFxFX trading platform to buy/sell $10,000 worth of Apple Computer Inc. If the stock rises by 10% due to positive results, your position is now worth $11,000, representing a $1,000 or 10% increase in value. This CFD trade has a 100% increase in the funds initially committed.
I am new to trading
LimeFxFX also accepts applications from their client to become a master. This will allow you to show off your trading prowess as well as build up a community. Of course, it will also give you an opportunity to earn passive income from the spreads and rev share. You also have full control over the copying process and you can stop following any master as well as close out live trades. We wanted to see how accurate these stats were so we opened up the live chat option and got an immediate response. We also found their support agents to be quite knowledgeable about the products on offer as well as their regulations.
LimeFxFX provides well in terms of language choice to traders, though there is a clear focus on the Asian market when it comes to available languages. The platform can be accessed through Windows, Mac, iOS, or Android, and is an excellent and very well-respected trading platform among the community. Again the platform is available on all mediums and a webtrader is offered. These are Gold, Silver, WTI, Natural Gas and Brent Crude oil, with the oil commodities only being available to trade through MT5. Even though the spreads can also be very low on MT4, and MT5 accounts, as low as 0.2 pips.
What is the minimum deposit at LimeFxFX?
If you are a trader in Europe, you are more likely to have access to the European site of LimeFxFX, where you can trade under the regulations of CySEC. However, if you are not located in a European country, you will be under IBC regulations that originate from Saint Vincent and the Grenadines. Locate and click on the mobile application links on Google Play Store or Apple Store and download the app from there.
How Can I Deposit & Withdraw Money? Do I Get An LimeFxFX Bonus?
To make the demo account interesting, LimeFxFX has a demo contest for which you win prizes. Each month, up to $1000 in real prize money is available with $500 for the winner, $300 for the runner-up, and $100 limefx scammers for third place. If you are not of Islamic faith, having no swaps can work for or even against you. Remember that swaps can either be a source of income or an expense, depending on how markets open.
It is important to be aware of the potential for loss and to only invest what you can afford to lose. We have spent over 5 years examining LimeFxFX in depth.Although we found some very useful aspects of the LimeFxFX platform that would be useful to some traders. LimeFxFX customer service supports multiple languages from all over the world. Having a broker thatcan hire people from various locations worldwide who can better communicate with you in your local language is a huge advantage when dealing with issues. Explore the LimeFxFX platform and train yourself to think systematically and logically about the markets.
Copy Trading Review
With the LimeFxFX MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing LimeFxFX traders to stay on top of their trades and react quickly to changes in the market. With the LimeFxFX MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market. You can choose to open a demo account for forex and CFD trading before you make an initial deposit to gauge the services, spreads and trading conditions. In addition to the demo and live trading accounts, you can also open an Islamic account, with no swap or other fees.
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