A VPS is often useful for traders who need to run automated trading strategies around the clock or who need a reliable connection to the trade server. Clients who qualify can apply for a VPS service in their LimeFx personal area under the “Services” section. I actually have my own VPS and find it to be a great tool for simultaneously running multiple instances of the MetaTrader platforms.
All funds deposited into your trading account must be under the same name as your trading account. The different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency. The LimeFx website shows the latest news that can have the most noticeable market impact from FXStreet news wire.
It has an intuitive interface with an array of functionality to perform plenty of trading actions from chart analysis to multiple order types. MT4 offers a good combination of convenience and functionality for trading online. LimeFx offer traders a range of the ever popular MetaTrader platforms.
Rates, terms, products and services on third-party websites are subject to change without notice. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews. It is great to see the broker supports Muslim traders with Islamic accounts that comply with Sharia law also available upon request.
LimeFx is a member of The Financial Commission, an independent external dispute resolution (EDR) organization. The interests of LimeFx’ clients are protected by the Financial Commission’s Compensation Fund for up to €20,000 per claim. I had no doubts when opening an account, I studied the reviews about the company, so I knew that the LimeFx broker was reliable. Unfortunately, we do not provide services to citizens and residents of this country. 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.
The withdrawal time can vary depending on the payment provider and method. Bank transfers may take a few business days to clear whilst some methods can be instant. Through the LimeFx blog users can get insights and articles about trading in financial markets from industry experts. Just like with the analysis, this can be a good way to get some inspiration for your trading activity so you can make informed trade decisions. The broker has a quite basic trader calculator where you can choose an instrument, lot value, leverage and account currency.
This enables me to effectively test my automated systems on different brokers to compare trading conditions and performance. It is worth noting that you can get a free VPS from other brokers including Switch Markets. MT4 is considered to be amongst the best trading platforms for both new and professional traders alike.
There is a decent amount of trading instruments with flexible trading platforms, trading apps and account types for different levels of traders. They also offer a selection of useful trading tools and educational materials to assist traders with making informed trading decisions. There are copy trading solutions for those who may not have the time to trade by themselves.
The broker offers expert daily and monthly analytical articles and reviews to help you stay on top of important market events and refine your strategy using the analytical reviews from experts. I found this to be a good way to get inspiration for some possible trade ideas that I may have otherwise overlooked. When it comes to choosing scammed by limefx a broker, regulation is one of the first things that I look for. I would always feel more confident using a regulated broker as they must follow strict rules and procedures that have been put in place to protect investors. LimeFx is registered by the Financial Services Authority (SVGFSA) of Saint Vincent and the Grenadines.
They have a professional team that is committed to finding the latest innovative trading solutions and incorporating new technologies. This helps to ensure that LimeFx offer good trading conditions to their clients from across the globe. The brokers experts take an active part in various industry conferences and events, where they discuss trends and prospects of financial markets.
MetaTrader is developed by software corporation MetaQuotes and is widely considered to be the platform of choice for most online brokerages and traders of all experience levels. It is well known for its user-friendly interface, quick learning curve and abundance of built in charting tools. LimeFx offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for desktop, web and mobile (iOS & Android).
It must be noted that this does not give the same protection to clients as regulation by another top-tier regulatory authority such as the FCA, CySEC or ASIC would. However, it does mean that the broker is able to provide certain products and services that they may not be able to if they were using another regulator. It is important that you understand the risks of using a broker with different regulations. As an alternative option, AvaTrade are regulated in multiple jurisdictions by some top-tier regulators. I agree with the opinion that LimeFx has many bright advantages over other companies.
Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. The broker states that they charge 0% commission on deposit and withdrawals which is great but external payment providers may charge fees. Withdrawal requests are processed within the same day or next if outside working hours.
Users can get real-time news and recent developments in global financial markets. FXStreet is a leading source for reliable news and real time Forex analysis. They give you access to real-time exchange rates, charts and an economic calendar. Demo accounts are also https://limefx.biz/ available which can be useful for new traders who wish to try out the different platforms available and practice their trading strategy using virtual funds. The MetaTrader platforms are already fully loaded with more tools than most of you will ever need.