The used margin is how much money you must deposit for holding a trade. Free margin refers to the quantity still in your trading account. You can use it to absorb losses or open additional positions.
- Just keep in mind that there is a maximum of 200 positions that can be opened at a time.
- Hоwеvеr, they are more than hарру tо hоuѕе traders frоm other countries in the wоrld, with a рrеdilесtiоn for Iѕlаmiс оnеѕ.
- All client funds are segregated and held in Tier 1 banks, and we are a member of the Financial Conduct Authority Compensation Scheme.
- All you have to do is to log in to your account, click on “change leverage”, select the preferred leverage and click on “request”.
This segment participates in the forex trading marketplace via a broker (like LimeFx), or via a bank. LimeFx Zero Account offers ‘fractional pip pricing’ (very low spreads) ideal for those scalping/day-trading the markets but charge commission of $3.5 for every 100,000 units of traded currency (1 Lot traded). As LimeFx, only offers variable spreads traders incur spread costs and no commission on a Standard Trading Account. Swing and positional traders are suited to a standard account.
It also looks at the economic data we will be seeing soon. There are separate homepages on LimeFx for research and for education. The research section includes highlights and links to the subsections. The right side of the screen shows some of the most common assets and their current spreads and prices. 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.
There are also 16 stock indices available to trade with the major European, US and Asian stock indices all present. The commodity offering is at least in line with the industry standard with 15 different commodities to trade. The offering of some of the soft/ agricultural commodities, such as Coffee or Corn is more than what it seen for the industry norm. The usual Gold, Silver, Oil, Gas and Copper are all available to trade. All platforms in the MT4 family are accessible with the same login and password, while all platforms in the MT5 family are accessible with the same login and password.
LimeFx Group User Experience
Also, the vouch on executing 99.35% of all their trades in less than one second. Let’s start with the slight negatives, LimeFx Group only offers MT and MT5 as a MetaTrader broker, they do not have their own platform and the pricing is average, with not particularly tight spreads. The high-quality and written research in the news content covers all types of research, geopolitics, fundamentals and technical analysis. In addition, this research can be filtered by asset class, which is a huge bonus for traders in being able to get to see what they want to see.
- Now all you have to do is, click on the “member login” button and fill in your user ID and password.
- The telephone lines are open 24 hours a day, Monday to Friday, whilst live chat is also available through this time, plus for 8 hours on both Saturday and Sunday.
- All videos are Primary or Intermediate so anyone with a validated LimeFx Account can access all of them.
- This includes hundreds of seminars that have already been hosted around the world, with more to come.
This is a somewhat notable limitation, particularly on the cryptocurrency side, with many traders wanting at least the option to trade some of the more popular cryptocurrencies. To deposit funds to the trading platform you trade on, you will first be required to open a live trading account. Clients who need the freedom to trade in multiple asset classes, are recommended to choose the MT5 family of trading platforms, which also gives them access to the LimeFx WebTrader.
The minimum deposit/withdrawal amount is 5 USD (or equivalent denomination) for multiple payment methods supported in all countries. However, the amount varies according to the payment method you choose and your trading account validation status. You can read more details about the deposit and withdrawal process in the Members Area. You can deposit money in any currency and it will be automatically converted into the base currency of your account, by LimeFx prevailing inter-bank price. LimeFx provides a wealth of research across different mediums and asset classes and is a front runner in the market for research offerings.
Trading Platform
The very first generation of internet-based foreign exchange (forex) trading platforms emerged in 1996, making it possible for foreign exchange to develop at a much faster pace and for customer markets to expand. As a result, web-based retail foreign exchange allowed individual customers to access the global markets and trade on currencies directly from their own computers. Our wide range of CFD trading instruments offers to our clients the power to choose easily and efficiently between stocks, forex, precious metals and several other asset classes. Our clients also enjoy trading from a single multi asset platform with some of the most competitive spreads and with our no rejection of orders and no re-quotes execution policy. For most online traders and investors, whether they are trading forex or CFDs (Contracts for Difference on various financial instruments), MetaTrader 4, is undoubtedly a household name today. They are also licensed by a number of other regulatory bodies including the FCA and ASIC.
What did our traders think after reviewing the key criteria?
LimeFx is regulated by the FCA in the United Kingdom and they have European passports with the MiFID, as well as being regulated by the CySEC in Cyprus, as well as being regulated in Australia as an ASIC entity. LimeFx was first started back in 2009 in London and now they have an offering of more than 400 different instruments. 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. Trading Point of Financial Instruments Limited provides investment and ancillary services to residents of the European Economic Area (EEA) and the United Kingdom. We have clients from over 190 countries and staff speaking over 30 languages.
The most impressive feature offered by LimeFx is its extensive educational material, alongside a very notable research offering. The educational package includes webinars, platform tutorials, seminars, podcasts and their online TX channel, LimeFx TV. On the educational side we would say that LimeFx is right up there with the industry leaders with their educational package. LimeFx does not currently offer any direct social or copy trading options. However, the MetaTrader signals market does offer automated trade copying, and LimeFx allows social copy trading developed by compatible expert advisors.
Who Is LimeFx Group Recommended For?
In addition, swap-free Islamic Accounts are available which feature no rollover interest or overnight positions in accordance with the Islamic faith. In addition, on LimeFx Zero accounts there is a no re-quote execution policy, hedging and EAs are both allowed, as well as zero fees on deposits and withdrawals. With LimeFx the amount of fees and commission that you have to pay will be dependent on what sort of account you have with them.
Trading bonus is useful for bolstering equity to margin ratio. If anything changes i will re post here but my experience is so far excellent. Bonus 100% limited to 500 usd, it’s better to increase the amount limited bonus. In order to be able to trade, it is required to open an account and hold currency A and then exchange currency A for currency B either for a long term or a short-term trade, with the ultimate goal varying accordingly. Forex trading is in essence trading currencies for one another.
While many traders will be happy with this, it’s worth noting that LimeFx doesn’t currently offer CFDs on other precious metals such as Platinum and Palladium. Not a deal-breaker by any means, but https://limefx.vip/ something worth bearing in mind if you’re looking to trade CFDs on multiple precious metals. The decision about which platform to choose is clearly based on what a client would like to trade.
Back in the “Tradepedia” section there is education on how to use the LimeFx’s bespoke, proprietary indicators, such as the Ribbon, River and Analyser indicators. LimeFx Group also supports copy and social trading from expert advisors with MT4. For the LimeFx Zero account the typical spread for EUR/USD is a low 0.1 pip, but there is a commission which amounts to $7 per round trade on a currency lot. This brings the total per lot per trade to 0.35 pip, which is more competitive. A dedicated Shares account is available for those who wish to focus only on direct stock trading and investing with no leverage, not CFDs. This is only available if you are trading under the IFSC regulatory umbrella.
There are more than 80 technical analysis objects plus more than 40 analytical objects. You still get the same flexible leverage and limefx scam no requotes or rejections. You can use MetaTrader 4 to manage your trade history in the database, including importing and exporting.
How Is LimeFx Regulated?
Expert advisors, which are linked to specific charts, provide valuable information to online investors about possible trades and can also perform trades on their behalf, sending the orders directly to the trading server. Along with this, by using MQL4, investors can write their own custom indicators and use them in addition to those already available on the MT4 client terminal. MQL4 also includes scripts, but unlike expert advisors, these do not execute any pre-determined action on traders’ behalf and are meant to handle the single execution of certain trading activities.