Lightning-speed order execution with sub-millisecond latency and 99.9% uptime. Follow and automatically copy successful Master Traders with proven track records. Learn from experts while earning profits through their validated strategies and expertise.
- The broker offers reasonable times to process your deposit and withdrawals.
- Lime FxFX ensures that traders can access the tools and functionalities they need to succeed, whether they prefer simplicity or advanced analytics.
- If you want to trade all markets Lime Fx provides, I found your only option is the MetaTrader 5 account.
- Lime Fx offers a demo account for all of its platforms such as Lime FxTrader, MetaTrader 4, and MetaTrader 5.
The platform also has 38+ indicators featuring Ichimoku and RSI, while increasing the number of timeframes to 21 for better customisation. Additionally, you have excellent drawing tools for price action analysis like Fibonacci or Gann tools which I couldn’t find on the Lime FxTrader platform. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. You can use the calculator to choose the Stop Loss and Take Profit levels for your order. Input the details of your order, determine the open price and start calculating various outcomes by changing the close price level. Choose the levels resulting in profits and losses you are comfortable with.
- My experience with Lime Fx’s customer service was largely positive thanks to its 24/7 customer support and impressive AI live chat service.
- It is where national currencies, such as the US dollar (USD) or the Japanese yen (JPY), are exchanged.
- As a result, the values do not have as much importance as spreads with corresponding date references.
Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. We are constantly improving our product to make your trading experience better. Choose from 300+ trading instruments, including shares, commodities, and indices. The support team is recognised for its prompt response times and ability to address concerns in multiple languages, reflecting Lime FxFX’s commitment to serving its global client base. You have a selection of alerts you can receive, so I set it up to show all trading signals like candlestick patterns and chart patterns such as head and shoulders.
However, I would like to see other Tier-1 regulators like the Australian Securities and Investments Commission (ASIC) or the Monetary Authority of Singapore (MAS). The profile for each trader was more detailed showing profit and loss, drawdown, and copy follower growth which I like to use as a leading indicator of trader performance. You also have a track record of the trader’s order history, giving you a transparent insight into the trader’s performance. MetaTrader 4 is a limefx courses scam great option if you use custom indicators or strategies as it provides the MQL4 library which you can use to create bespoke strategies.
This was frustrating when asking questions about their services and trading accounts as I felt they didn’t answer the question. Out of the platforms available, I believe MT5 is your best option overall as it allows you to trade all asset classes and improves on the features of the MT4. For example, the MT5 is faster thanks to being rebuilt using 64-bit architecture which means your execution times and price feeds are faster, and now allows you to trade stocks.
Lime Fx Forex margin calculator helps you to determine the margin size you must maintain in your trading account to support an open position. You can also use it to calculate the pip value of a certain order or optimise your leverage. The calculator is an essential tool for every trader—it helps you prevent Stop Outs and manage your risks properly. At Lime Fx, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively. Scalping allows traders to take profit opportunities even when the price changes are very small.
MetaTrader 4: apps
You can develop your own set of rules for trade entries and exits with the help of automated trading robots (Expert Advisors), which help avoid instinctual blunders while trading. As the system trades mechanically, based on predetermined conditions, your performance won’t be affected by emotions. Automated trades are also executed much quicker, leading to a decreased chance of slippage. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Open an Lime Fx trading account and make a deposit—you need just $25 to start.
Not only does this reduce your trading costs for longer-term positions but it won’t force you to close a position before being charged a swap. I opened an Lime Fx trading account and tested the broker’s spreads, trading conditions, and platforms to see how they performed against 20 other brokers. In this Lime Fx Review, I’ll go through my findings helping you decide if Lime Fx is a broker you should consider. Choose the currency pair, your account’s currency, leverage level, and trade volume.
Mobile trading apps
With the Lime Fx trading app, you can trade on currency pairs right on the go. Led by Steven Hatzakis, Global Director of Online Broker Research, the ForexBrokers.com research team collects and audits data across more than 100 variables. We analyze key tools and features important to forex and CFD traders and collect data on commissions, spreads, and fees across the industry to help you find the best broker for your needs. This volatility analysis tool enables traders to optimize take-profit and stop-loss levels and offers integrated market reports. Lime FxFX offers a copy trading web interface that connects to its MT4 platform. Its copy trading platform is free, allowing novice traders to copy the trading styles of successful, experienced traders for a small fee per traded lot.
In the beginning, Lime FxFX started its service by offering the MetaTrader 4 platform and till today, the Micro account comes equipped with this popular trading software. However, Lime FxFX has acquired a license from MetaQuote to offer the latest version of the software, MetaTrader 5 for its Pro accounts. For a true ECN experience, however, the company has acquired a license for cTrader from Cyprus based Spotware. One of the unique features of Lime FxFX is that all three accounts, including the ECN account, charge no commissions to traders and fees include only spreads. Tradetron is a cloud-based algo trading platform for retail and pro traders. Discover its features, pricing, pros, cons, and if it’s the right AI trading software in India.
To do this, traders simply need to find the Strategy Providers they want to follow and select “Copy.” This allows the positions to be copied automatically. Lime FxFX is mainly considered a MetaTrader broker since it offers MetaQuotes Software Corp’s MT4 and MT5. Overall, Lime Fx has improved its pricing and maintains its status as one of the lowest-cost MetaTrader brokers.
Trade with the Best Global Broker Asia 2022
However, when compared to research leaders IG, Saxo, and CMC Markets, Lime Fx has room to enhance its research offering. For instance, I found that the content on the Lime Fx Blog is not updated daily across all categories. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from limefx scam highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
Clients from Lime FxFX’s Mwali entity do not have the same regulatory protection MISA offers to more trusted and established jurisdictions. Lime FxFX launched tiger.com (formerly known as tradingtiger.pro), an online trading academy catering to novice traders. Although equities are not available on the MT4 account, traders can trade indices, metals, and cryptocurrencies in addition to forex. EU clients are limited to a single account on MT5, while foreign entities offer accounts on both MT4 and MT5, as well as Lime FxTrader.