Often smaller profit opportunities are easier to catch than the larger ones. This is also a good risk management strategy, since it does not involve taking on big risks in the hope of huge profits. The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform servers exchange data through encrypted servers, and the platform uses RSA digital signatures.
The minimum investment amount differs with every Master Trader. You can set up copying in equal, double, or triple volume or you can specify the preferred copy proportion manually. You can also add support funds to increase your investment.
This broker can be a good choice for you if you live within the EU and are satisfied with its limited selection of tradeable assets. It can also be a good choice if you are looking for a company that makes forex copy trading as easy as possible. If you prefer a broker https://limefx.club/ that gives you access to a large selection of tradeable assets, then you are better off choosing another EU-regulated broker. We’ve created and keep improving LimeFxTrader to help you earn more efficiently. The platform adopted a charting technology by TradingView.
All in all, the layout is good, though there can be more performance statistics included. LimeFxFX offers over 50 payment methods, including Visa, Fasapay, Neteller, bitcoin, and a wide range of local bank transfers. Note that some of these may not be available in scammed by limefx your country. Log in to your profile to make a deposit without any commissions. The minimum deposit in LimeFxFX can vary depending on your region and the payment method. By learning how to start trading on Forex, you can open a new source of income for yourself.
The developer, LimeFxFX, indicated that the app’s privacy practices may include handling of data as described below. Each currency pair on the chart can be seen in nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly). Graphical objects can be included in the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text. MetaTrader 4 offers advanced charting capabilities to determine entry and exit points with technical analysis, which uses historical price and volume data to help make predictions. It’s also possible to send trading orders straight from the chart.
MT5 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation. It is super easy to download and install the terminal on any compatible device.
Experienced traders often use MetaTrader 4 Demo accounts to test new trading strategies before application in real trading. LimeFxFX has achieved a solid position in the financial trading markets, executing an impressive 1+ billion trades from over 10 million live customer accounts. The founder and owner have ensured the brand has amassed a global reach, with trading services now spanning 185+ countries. Most of the traders who use this broker are located in Indonesia, India or Malaysia.
LimeFx Markets Cyprus Ltd is a Cyprus-based company regulated with licensing from the Cyprus Securities and Exchange Commission (CySEC). This is the company that LimeFxFX uses to offer forex trading within the European Union. Accounts belonging to traders who reside within the European Union will be placed within this company and will see their accounts regulated by CySEC. CySEC offers much better legal protection, and your legal protection is, therefore, a lot stronger if you open an account with LimeFx Markets Cyprus Ltd. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots.
The online broker is licensed and regulated by the Financial Services Authority (SVGFSA). Our experts confirmed incorporation on 15th September 2011 and found an active regulatory registration under the trading name. It is important to note that SVGFSA does not regulated Forex trading nor binary options trading. This means that all Forex trading done through LimeFxFX.com is unregulated. All withdrawal requests are processed within 1-3 hours during business hours, though the time taken for funds to clear back to the original payment method may vary. Note, some local payment methods may also be offered depending on your country of residency. This includes international bank wire transfers for citizens of Thailand, India and Nigeria, for example.
The EU entity is registered in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online. Our experts were pleased to see no withdrawal fees at LimeFxFX.
LimeFxFX offers revenue share, in which copiers pay a fee on profitable trades and fixed revenue per lot only, where a trading fee is applied regardless of the outcome. They can also use the filter to find the most suited Master Traders based on the structure of commission. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
With MT5, MetaQuotes Software has increased the number of technical analysis tools available, along with more charting and timeframe options. Opening a MetaTrader 4 Demo account is the best way for a new trader to check out the platform, get familiar with the tools, and learn trading techniques. The account works like a live account, except it allows you to trade with virtual money rather than real money.
The MetaTrader 5 trading platform offers numerous templates and profiles to enable traders to change the colour schemes and analytical objects applied on the chart. MT5 has 21 timeframes for all financial instruments, and provides more than 80 popular analytical tools, as well as the ability to construct charts based on other indicators’ data. Additionally, the broker also offers a proprietary mobile app. When we used the LimeFxFX app, it was easy to integrate an existing MetaTrader profile into the branded app. You can set SMS price alerts and app notifications of market movers. The application also permits full account management including live deposits and withdrawals and copy trading services.
It offers excellent trading and analytical tools, and is flexible enough to implement simple as well as highly complex trading strategies. The platform supports trading in Forex, indices, and cryptocurrencies. Traders can rapidly top up their accounts with their preferred payment methods using the Deposit History tool. The programme enables traders to save time while transferring funds and trade using a variety of methods, such as leveling or scalping. Trade online through the app with customer support available around-the-clock in English, Indonesian, Chinese, Malaysian, Hindi, Urdu, and other languages. You can trade CFDs, other assets, and foreign currencies on the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms using the LimeFxFX Trading App.