When you follow a signal provider, ZuluTrade will reproduce the provider’s trading strategy automatically in your MetaTrader account. scammed by limefx have a few useful trading tools that can help to improve trading efficiency. These can be used to assist with money management and market analysis. I appreciate that these tools are offering precise calculations of things such as pip value, margin, swaps, and commissions.
PAMM accounts are beneficial for masters as they can trade funds larger than their own capital and receive a success fee if they are profitable. There are two sections on the LimeFX website that include frequently updated market news & analysis. They cover multiple markets with detailed write ups and explanations that are supported with clear chart annotations.
Trade wherever you are
The broker uses a true electronic communication network (ECN) model via the popular MT4 & MT5 platforms. An ECN is a bridge that gives you access to the interbank market through liquidity providers (LPs). With an ECN model, the counterparty to your trade is another market participant which could be a bank, fund or another trader. Because the forex market is made up of
currencies from across the globe, predicting
exchange rates is difficult as there are a
number of factors that constantly move
You can set your account to automatically copy the trading signals of other traders listed on Myfxbook. When a trade is placed on the providers account, the MT4 terminal will send a signal to your account to duplicate the trade. Multiple order and execution types are supported including market, pending, limit, stop loss, take profit, trailing stop, etc. In addition to this, they offer One Click Trading and a Level 2 MT4 plug-in, so you can place trades with just one click.
- There are low commission fees across multiple instruments and markets including CFDs on Forex, Commodities, Cryptocurrency, Stocks, Shares, Indices, Metals & Energies.
- If either LimeFX or FX Open goes bankrupt, they should not have access to your money.
- However, I need to use the desktop platform as the web version cannot run expert advisors (automated systems).
- LimeFX offers four trading platforms; a proprietary platform named TickTrader, TradingView, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5).
- There is a knowledge base on the LimeFX website that includes tutorials on how to use the One Click Trading & Level2 Plugin.
Sometimes you might have a more complex question requiring a specific part of the LimeFX or FX Open support team to answer satisfactorily. Straight Through Processing or STP is where a requested client’s trade orders are sent directly to the markets. STP is a non-dealing desk trading method aimed mainly at Forex traders.
Limit orders are when you have the order to buy a financial instrument at a specific price. Your trade will be executed when the financial asset hits a set price. Limit orders are extremely useful as they allow you to buy stock at a better price! It would be very time-consuming to wait for a stock to fall to a price you would ultimately be satisfied by. Therefore, you can already imagine what helping limit orders can be in your trading career. A demo account with LimeFX or FX Open is extremely useful for people without trading experience.
about what you want to achieve from it and
how you personally define success. It’s also recommended you
set a target that can be achieved over a
long timeframe, annually for example, as
opposed to monthly. Once you’ve established
these factors, you’ll be able to put your
action plan into work. Regardless of how experienced you are, it’s
important to always manage your expectations
throughout the forex trading process, and
control your emotions.
The low spreads and commissions, as well as a strong track record make it an attractive option, though only high volume traders are rewarded with discounted fees. LimeFX also offers more platforms, apps and trading tools than the majority of its competitors. Since the creation of Bitcoin, the world of cryptocurrencies has been booming, including on trading platforms like Both LimeFX and FX Open, and it’s not difficult to see why. Cryptocurrencies have the potential to turn modest investments into millions, although this is a rare occurrence. This feat is hard to achieve compared to other financial instruments like stocks and shares.
Open an Account
High frequency trading, all types of
expert advisors (EA’s) and scalping are all welcomed
forms of trading. Let LimeFX provide insightful analysis and useful information to help inform your trading decisions. High frequency trading, all types of expert advisors (EA’s) and scalping are all welcomed forms of trading.
Nonetheless, when we used the services of , we were assured of top-tier regulatory oversight and consumer protection. This includes negative balance protection for retail customers and access to third-party compensation schemes in the case of business insolvency. It is good to see the broker also receives a decent trust rating in other customer reviews. The mobile applications provide the same features as the desktop versions as well as added functionality including push notifications and SMS alerts.
The minimum withdrawal for bank wire transfer is 50 GBP, USD, or EUR, and for all other methods, the minimum is 10. There is no maximum withdrawal limit for bank transfers, but for card withdrawals, the limit is set at 15,000 GBP, USD, or EUR. Withdrawal times for bank wire transfers typically take one to three business days, whilst card payments can take between two to five working days. Note, accepted payment methods will vary by your country of residency. With these robots, you can take positions on the markets based on algorithms informed by you.
In STP (Straight Through Processing) accounts the broker’s trading commission is included into the spread. The STP spreads are variable and depend on the buy and sell orders available in https://limefx.biz/’s ECN. The strategy tester allows you to back test EAs over historical data. I have used the MT4 platform to run automated strategies for many years and find it the perfect platform to do so. LimeFX clients receive real-time quotes from the industry’s largest liquidity providers.
How to start trading with MetaTrader 4?
To add or withdraw funds you just need to login to the LimeFX personal area and choose your desired funding method, amount and account. You are then redirected to the payment gateway selected to complete the transaction. Support are happy to answer your questions related to LimeFX’s products and services.
We are confident the platform provides all the features needed for both beginners and experienced traders. LimeFX offers four trading platforms; a proprietary platform named TickTrader, TradingView, plus MetaTrader 4 (MT4) and MetaTrader 5 (MT5). We offer trading terminal versions for the most popular mobile platforms –
iOS and Android. Mobile versions of the trading terminal offer the same essential features,
just like your MT4 desktop terminal. Your trade is executed instantly
through our wide range of liquidity providers streaming
There is a knowledge base on the website that covers many frequently asked questions which can save you from needing to contact support. LimeFX UK is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom. The FCA are another very well-respected regulator that aims to protect investors. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. Note that the LimeFX UK entity is unable to provide PAMM accounts.