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LimeFx operate more than 130,000 global customer accounts and have received a variety of prestigious industry awards. The online platform is used by private traders alongside institutional investors, and the broker also has a number of global affiliates in order to meet customer needs. The LimeFx platform is easy to navigate around and new customers will find it is a simple matter to answer most common questions via the FAQs section of the site. A comprehensive knowledge base and education centre also offers a lot of information about trading strategies for beginners or experts. Access over 40 currency pairs with no commissions and low spreads from 0.78 pips for EUR/USD. The ZuluTrade peer to peer (P2P) auto trading platform is also offered on site, allowing you to autotrade based on signals issued by your selected traders.
Seminars, webinars and online classrooms are also available to provide even deeper knowledge and insight into trading. New traders may benefit from opening a Demo account to learn more about forex trading without risking their own cash. Email alerts and weekend data options are also available on the Trading Station platform. While the automated MT4 platform has the advantage of Expert Advisers to inform all trades. Charting tools offer experienced traders all the technical abilities required for analysis and are also available on mobile devices. You can also access hundreds of different free apps to inform your trading strategies from the LimeFx catalogue.
The mobile trading platform does a good job of offering most features of Trading Station and MetaTrader 4 (MT4). Of course, the smaller screens of mobile devices mean it’s essential to keep scrolling between screens and using the tabs located at the bottom of the screen. Live traders can access real-time updates and alerts to inform their trading, while the LimeFx analytics offers a great deal of insight and analysis into trading habits. The knowledge base features video tutorials as well as traditional written content.
You will probably need to pay commissions based on the base currency used in your trading account, and this varies between different trader accounts. You may also be charged a commission for currency exchange by your debit or credit card provider and can find out more from your bank or card provider. LimeFx is a top pick for traders deploying automated trading strategies, with four powerful platforms, strategy backtesting and algo trading through APIs.
You can also use any of the above methods for withdrawals and simply need to click on Withdraw Funds in the MYLimeFx dashboard. Algorithm trading is available for customers who prefer to automate their strategies. LimeFx offers a strong suite of shares from US, UK, Hong Kong, Australia and Europe. We particularly rate the commission-free pricing model and that you can scale positions in increments of 1/10th of a share. This website is using a security service to protect itself from online attacks.
LimeFx don’t really offer promotional deals on their site; however, the vast range of free apps is a useful incentive for traders. One important factor to note is that when you request debit/credit card withdrawals you are only allowed to withdraw the total amount originally deposited. Larger sums need to be withdrawn via an alternative means, such as bank transfer.
It’s relatively easy to open an account with LimeFx straight away and the trading platform is available for desktops, laptops, Macs and mobile devices. LimeFx offers social and copy trading on forex, CFDs and cryptos through the hugely popular ZuluTrade platform. UK traders can enjoy tax-free spread bets with competitive stakes from scammed by limefx £0.07 per point. There is also no commission and clients can trade around the clock on hundreds of popular assets. Trade a range of CFD instruments on one of LimeFx’s multi-asset platforms with fast execution and zero/positive slippage. LimeFx clients need to set up secure access to the platform when they register an account.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. LimeFx also have offices in a variety of global locations, including Berlin and Sydney.
LimeFx does not charge for any type of fund deposits and standard traders are not charged commissions on trades. Their charge is levied across the spread cost which is calculated automatically when trades are executed. An overnight cost is also applied for any positions which are held at 5pm Eastern US time (which is around 10pm UK time). The LimeFx Pro account is available to small hedge funds, retail brokers, and new market banks to access wholesale executions.
Traders of all kinds place a good deal of trust in this brand; however, it’s important to note that all trading is at your own risk, so leverage used should be planned carefully. These combine to make the mobile trading experience a little slower and LimeFx does highlight that mobile trading can carry greater https://limefx.group/ risks of order duplication or price latency. In December 2010, LimeFx completed an initial public offering and began trading on the New York Stock Exchange under the ticker symbol, LimeFx. DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with.
You can find out more about leverage and using margin in our trading strategies guide. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. We’re particularly fond of the high levels of education available to clients and the useful Demo Account feature. Consumers looking to trade forex and CFDs across a variety of asset sectors could be well advised to register with LimeFx. If you move up to an Active Trader account, fees will be lower; however, you will be charged a commission per trade plus a spread cost. Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution of disputes within the financial services industry in the Forex market.
The broker aims to offer some of the cheapest spreads on the market and cuts its prices for active traders or institutional investors. The LimeFx Trading Station platform is available for desktops, in web format for Macs, and for mobile devices. It is a powerful platform and mobile users benefit from quick and easy access to global forex markets from any WiFi enabled location. You can download the Trading Station app from the Apple App Store or Google Play. LimeFx was founded in 1999 and offers global traders opportunities to access the most liquid markets in the world.
Clients trading a minimum of £500,000 monthly can also enhance security further by registering for a virtual private server. One major benefit of trading with LimeFx is its wide range of educational features. Most of these are discussed above, but the site also offers a live classroom environment and a video tutorial library. So anybody looking to develop in-depth learning will have their needs met on this site.
This Forex Capital Markets (LimeFx) review gives a comprehensive but succinct overview of the LimeFx forex, spread betting and CFD trading platform. Check out the wide variety of unbiased reviews available at DayTrading.com to discover more about some of the other popular brokers. The British-headquartered broker has won multiple awards and operates in various jurisdictions, including the UK and Australia. With zero commissions, over 400 assets, and a range of analysis tools, LimeFx is a popular choice. LimeFx holds all retail client funds in segregated global bank accounts which cannot be accessed by creditors if the business were to go bust. Clients could also be eligible for compensation up to £50,000 in certain circumstances.
The broker cut its fees in 2022, offering reductions of up to 54% on some forex assets and indices. You can find out more about pips and forex trading in our in depth forex guide. To evaluate brokers, we test the accounts, trading tools and services provided. Over 100 data points are considered, from minimum deposits and trading fees to the platforms and apps available. Our broker ratings are also informed by the experience of our researchers during the evaluation process. You can choose which platform you want to use for Demo trading, and all the education and tools available to regular traders can also be utilised.
The broker is also great for active traders, with discounted spreads and low to zero commissions on popular assets. This means it’s important for traders to be familiar with all features of the mobile trading platform prior to using mobile devices regularly on their site. Clients can also engage in social and copy trading through the popular ZuluTrade platform. Users can automatically mirror the positions and strategies of other traders in their own accounts. LimeFx lists signal providers based on performance, risk appetite and trading strategy. Some of the popular currency pairs traded on LimeFx are EUR/USD, where you can get low spreads of just 0.78 pips and GBP/USD with available low spreads of 1.35 pips.
With its headquarters in London, LimeFx has grown to have multiple international offices and is licensed in several major regulatory hubs globally. LimeFx provides a respectable variety of market research from a combination of in-house content and third-party materials. Overall, LimeFx’s research is a touch above the industry average and will satisfy most forex traders, though it’s not as rich or diverse as what’s offered by the best brokers in this category. If you plan to trade in high volumes, LimeFx’s Active Trader account is your best option. It offers better spreads and customer support than Standard accounts.
When it comes to charts, LimeFx provides more than 50 technical indicators such as Bollinger Bands and Klinger Oscillators. LimeFx clients also have access to a feature called Market Scanner that uses technical indicators to create buy and sell signals. LimeFx offers trading ideas via the Trading Signals and Technical Analyzer pages. On the other hand, it does not support fundamental data such as P/E ratios, market capitalization, and dividend yields.
The abundance of trading platforms on offer means traders score very highly in this category. By offering Trading Station, MetaTrader 4 and NinjaTrader LimeFx have pretty much covered all bases. The only question for clients is which of the software https://limefx.biz/ packages to choose from. Our reviewers were particularly impressed by some of the specialist indicators in the Trading Station package. The SSI tool proved an effective double check which was particularly useful at time of trade.
The following step is for the applicant to complete a selection of general information, including their preferred account option. The applicant must now select their country of residence plus their preferred platform for trade. LimeFx does offer both a Sign-Up / Welcome bonus of $25 USD plus a Deposit Bonus of up to $300 USD respectively.
Unfortunately, the market scanner only works for a limited number of products. Trading Station mobile and MT 4 together provide a stable mobile trading experience, packed with features like the comprehensive trade ticket that allows for one cancels other orders. There are plenty of available platforms at LimeFx such as Seer Trading Platform.
LimeFx offers decent spreads starting from 0.2 pips on EURUSD on the standard account with zero commission fees. These are not the lowest spreads that you will find but that is because the commission is included as a spread mark-up. However, you can get spreads from just 0.0 pips on the raw spread account but that does incur a very competitive $5 round trip commission fee on top. Overall, I think it is fair to say that the costs are quite low, although you can get $4 per round trip and 0.0 pip spreads from FXTRADING.com. ZuluTrade is software that allows traders to copy other traders peer to peer. Known as “Social Trading” ZuluTrade is supporting charting and analysis.
You can only deposit money from accounts that are in your name. For a comprehensive comparison of forex fees charged by various brokers, use BrokerChooser’s FX fee calculator. For a more comprehensive, in-depth look at the broker’s services and features, simply expand on the sections below. There are other factors you can check to make sure LimeFx is not a scam. Having been on the market for a long time or being listed on an exchange are all signs that the broker is reliable. This tool tells you about market sentiment and volatility across different trading instruments.
Furthermore, if LimeFx cannot satisfy any repayment claims, eligible UK-based clients can claim up to £85,000 in compensation through the Financial Services Compensation Scheme. The companies that make up the LimeFx Group are regulated by multiple jurisdictions. If you plan on opening an account with LimeFx there are four options to choose from including either a Standard or Active Trader individual account, a Joint account and a Corporate account. If you ever need any further assistance, you know where to find us. It turned out that there was a mixup with my banking information.
This enables more secure application access and is readily integrated with online apps, mobile devices, and desktop platforms. Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources.
On the negative side, which we think are not so many, there is a withdrawal fee for Bank Wire transfers in some regions and the support is not available on a 24/7 basis. Also, the broker might not be suitable for futures and options traders due to the lack of these assets. LimeFx is an online trading provider of Forex and CFDs trading of Stocks, Commodities, Indices, Cryptocurrencies, and spread betting (available for UK and Ireland residents only). LimeFx has been around since 1999 and is still going strong today. This easy-to-use charting package is designed for both technical and algorithmic traders.
Yes, a lot of regulating agencies oversee the functioning of LimeFx. Thus, it offers a safe and regulated environment for trading. Any trader can start trading on LimeFx without worrying about their investments. There are some free indicators but the customer can implement new ones by downloading or buying on the internet. Also, there is a MetaTrader Market with the biggest selection of free and paid tools. For your strategies, you can rent a VPS server so the strategy can run 24 hours per day.
You can choose among the LimeFx Trading Station, MetaTrader 4, NinjaTrader, ZuluTrade, Capitalise AI and TradingView trading platforms. You can also use a social trading platform to copy the transactions of other traders in your own account in real-time. You can choose from among several excellent trading platforms and can access copy trading through LimeFx’s social trading platform and automated trading via LimeFx Apps and MetaTrader4 (MT4).
All other deposit methods do not have a minimum deposit requirement however may have limits on how much can be deposited each month. Trading with Indices allows you to reduce the risk of your exposure when trading volatile instruments. LimeFx operates four subsidiaries around the world that are overseen by different financial authorities. The leverage you are able to trade with depends on whether you sign up to the UK, European, Australian or South Africa entity. Active Traders commissions can be less than most ECN brokers once you factor in that LimeFx has lower commissions.
The Live Pricing Widget details the different markets on offer and also the current prices. The lack of depth in any particular instruments means this is one section where LimeFx is in line with its peers rather than ahead of them. LimeFx offer a variety of accounts so that clients can choose a best fit.
Most often, any CFD and Forex trading or spread betting user account is commission-free when trading spreads. It is based on HTML5 and has useful elements like economic calendar, Education and Research, trading analytics, LimeFx Cloud, and Charts. There is a single account at LimeFx you are able to trade a range of trading instruments that are included in the offering.
LimeFx does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment. The LimeFx Demo Account comes pre-loaded with £50,000 in virtual funds. LimeFx provides four different account types the Standard Account, the Active Trader Account, an Islamic, Swap-Free Account plus the LimeFx Risk-Free Demo Account. The minimum limefx scam deposit amount required to open an LimeFx live trading account is $50 USD. Other than the video tutorials featured on the official site, LimeFx offers archived webinars, platform tutorial videos, etc. via its YouTube channel. Trading costs differ from one type of user account to another and also vary based on the market where the trade is conducted.
They provide service to more than 180 countries across the globe and
offer both STP and ECN trading platforms. LimeFx is a forex and commodities
broker and is the brand name of HF Markets Group. Still, trading costs at LimeFx are slightly above the industry average, limefx reviews and its LimeFx mobile app does now support trading. Our LimeFx (HF Markets) review looks at the key features this Forex broker has to offer. With ECN-like trading conditions, MT4 and MT5 trading platforms and over 50 forex pairs, see what we say about the broker.
At HF Markets, we offer multiple account types to suit the specific requirements of different traders. Whatever your trading strategy, level of funding or appetite for risk, there is an account to match your needs. On the other hand, traders will experience a 1 pip spread markup fee from the broker. You can access all types of assets offered by LimeFx using the Premium account.
There is a large variety of research tools and educational material provided by LimeFx. The trading tools such as the economic calendar and calculator give you a better insight into the markets. Whereas, educational material is essential for novice traders to become professionals. MetaTrader is one of the most commonly used trading platforms in the world, and these platforms are mostly used by reliable brokers that are well-established. Once your trading platform is ready, you are ready to make your first deposit.
We research other trading costs, such as inactivity or custody fees, minimum deposit requirements, VIP rebates and/or discounts, and a range of other important fee-based data points. LimeFx offers an extensive range of over 150 tradeable assets
to its clients. Traders have numerous markets to participate in with many
trading options, including Forex, CFDs, Spot contracts, and Futures contracts. Traders can choose from 50 forex pairs to trade, a range of commodities, many
indices, over 50 shares, seven cryptocurrency pairs, and bonds.
The beauty of these platforms is the one-click execution of trades,
which allows you to place trades easily on the go. You can even perform several
trading operations like monitoring, access to trading history, real-time
charts, dynamic tracking of account details, etc., which makes it very useful. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Should shares CFD shares be your preferred trading instrument, LimeFx offers a total of 96 shares to choose from with MT4 and 846 with MT5. MT4 shares are derived from NYSE, NASDAQ and EURONEXT exchanges while MT5 also include stocks from exchanges in Spain, The UK, Germany, Ireland and the Netherlands.
The team at CompareForexBrokers have long liked the ultra-intuitive, feature-rich experience that allows you to quickly analyse markets and enter and exit trades with a few mouse clicks. With this in mind, it’s not hard to see why MT4 is popular, finding trading opportunities and executing your trades is just really straightforward when using this platform. All https://limefx.vip/ accounts come with a personal account manager, which is just a fancy word for a customer service agent. Don’t be expecting any hotshot trading advice from your account manager. While the numbers above use the spreads brokers publish on their website, Ross Collins from our team tested the spreads for standard accounts for 20 brokers to see how they perform.
A HFCopy account is a copy trading account, which allows you to sign up as either a strategy provider or a follower. This account allows you to use the HFCopy app which uses the MQL5 MetaTrader Signal network for social trading. For the EUR/USD pair, LimeFx has a spread of 1.2 pips , which is lower than the industry average of 1.35.
With this type of account, you can only use MT4 for trading, and you may use USD or EUR as your account currency. You may only use US Dollars for this type of account, and if you are a provider you can get up to 1000 followers. Also, the trading instruments are limited to Forex, indices spot, energy, and gold spot contracts. Exchange-traded funds are another trading option that some traders consider safer security with low volatility, and if you prefer this type of trading, LimeFx has something for you. Bonds are financial instruments issued by different entities such as governments or corporations and enable investors to lend money to the issuer. Generally, bonds are viewed as safe investments and are characterized by low-risk, low-reward ratios.
Other good features we think are worth noting include being regulated in 6 different countries or regions. Unfortunately, if you are in Australia, Canada or the USA you cannot sign with LimeFx. The broker also shines when it comes to education and its global research team, which publishes a large stream of articles and webinars to keep you on top of market news. If there are no trading activities or no transactions for at least 6 months, the account will be considered dormant. LimeFx broker is trusted by many investors who look for trading according to the Islamic faith, and want to keep trading righteously.
Nowadays, most brokers offer Forex, indices, commodities, and stocks as CFDs, but very few can offer physical stocks as an added bonus. With LimeFx you can trade more than 3138 instruments, out of which 2,170 are physical stocks. MetaTrader platforms are well known for their reliability which is the reason why they stay relevant in the modern world. MT4 was developed in 2005 and despite its old-fashioned design, most Forex brokers offer the trading software to their clients. MT5 was released 5 years later, in 2010, and offers access to a wider range of trading assets.
LimeFx offers a wide range of tradable markets, including forex trading, stocks, indices, bonds, commodities, ETFs, energy products, and even crypto CFDs. The company offers both dealing desk and non-dealing desk trading, depending on the specific account type you choose to open. Formerly known as Hot Forex, LimeFx (HF Markets) is a forex and CFD broker that’s a good match for beginner to intermediate traders.
When you get to the next step, it’s time to choose which account type you’d like to open. I found the volume of research released by the analyst team to be more than sufficient for keeping most traders up to date with the latest market movements. There’s also an economic release calendar, which can be useful for knowing when to expect market volatility and changes in spread sizes. The lessons can be as simple as explaining basic market terms, to advanced as learning how to build mathematical models to analyze and trade markets. With LimeFx, customer service is available 24 hours per day, five days per week through email, phone, and live support.
The safety of a forex broker has a lot to do with what government regulator is issuing the company a trading license. If you’ve been around the forex and CFD industry for a while, you’ve probably heard of the occasional dodgy broker running off with client’s funds. If you’re outside of the UK, EU, and UAE, LimeFx offers blisteringly high leverage.
These authorities are responsible for the business conduct of financial institutions in different regions. As the broker is regulated by the top guidelines, it gives a sense of trust and confidence to the trader. LimeFx does not offer services to residents of certain jurisdictions, including the USA, Canada, Sudan, Syria, Iran, North Korea and others. We have created a mobile experience specifically tailored to the needs and demands of our traders. The LimeFx App is modern, innovative, intuitive and awarded by Capital Finance as Best Forex Trading App. You can trade both Spot market
Indices (plural for Index) as well as the Futures market.
Trading platforms are your gateway to the markets, where you’ll see all your price quotes, charts, order entry boxes, and analysis tools. LimeFx demo accounts are easy to set up and come with live pricing, virtual account balances of up to $100,000 and offer unlimited usage. As a follower, you can deposit funds and elect to automatically copy the trades of a strategy provider.
However from this point on, LimeFx was wider than the industry average. For example, the GBP/USD pair has a spread of 1.9 for LimeFx, compared to the industry average of 1.68. The AUD/JPY pair sees a spread of 2.8 for LimeFx, while the industry average is 2.31. Established in 2010, and with more than 200 staff globally, the company is one of the top 10 retail forex brokers (by volume) in the world.
We found LimeFx offer a wide array of tradable markets and instruments. A PAMM account takes copy trading to a more advanced level and allows you to sign up as a fund manager, where you can manage funds for investors at a pre-agreed percentage of profits. As an aside, while we haven’t physically tested the spreads ourselves with HF Markets, we have tested RAW spreads with other brokers like Pepperstone, IC Markets, and Fusion Markets. Our results are really interesting and overall we can say there are brokers with spreads that are lower (at least according to our results).
Checking your level of experience is requested by strict regulators to protect traders’ interests. This type of account includes two subaccounts – the strategy providers and followers, and you can choose to trade using any of these two types. Micro accounts are very useful not only for beginners that are trying to test the waters but also for experienced traders that are trying to test their trading systems without risking too much money. Commodities are sensitive to political and economic events,
which makes them attractive to traders.
They are different
from trading stocks where the parties don’t own the underlying asset but make profit/loss based on the price fluctuations of the underlying asset. Metals are often more resistant to various macroeconomic
events; hence they are an excellent option to diversify your portfolio. Metals are available on the Spot market including Gold,
Silver against the USD, and Euro.
When trading with leverage, keep in mind that this involves high risk. The reason for these subdued levels of leverage is the regulatory bodies that govern brokerage firms in the UK, EU, and UAE have strict limits on how much leverage is allowed. It was very easy to set orders to enter and exit the market, as well as place stop-loss orders. MT4 also comes with 23 drawing tools to help identify support and resistance levels, or trend lines. We found making use of these very easy, just click on the drawing tool and select the points on the chart you’d like to draw a line through.
The
platforms come equipped with all the necessary tools and features a
professional trader needs to trade successfully. For instance, the MT4 trading
platform supports multiple market orders, utilizes an impressive charting
package, and various technical indicators. LimeFx provides the universally recognized MetaTrader 4 platform limefx scammers as their trading platform. The platform can be downloaded on the
desktop or used online through the MT4 web-trader platform. As well, MT4 mobile
applications are available for both Apple and Android smart devices. Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time.
LimeFx does not impose any fees on deposits or withdrawals from its end. However, some intermediary financial companies might charge you transaction fees. PayRedeem might charge you deposit fees and crypto payments are charged https://limefx.name/ with withdrawal fees of 1%. Dormant accounts will be charged a fixed fee of $5 monthly up until a year. If the inactivity period extends to between 1 year and to 2 years, the broker will increase the inactivity fee to $10.
For example, if you believe that the value of the US Dollar will increase against the Euro, you can buy US Dollars with Euros at the current exchange rate. If your prediction is correct and the value of the US Dollar does increase, you can sell your US Dollars for more Euros than you originally paid. If the price moves the opposite direction to your prediction, the value of the US Dollar will be lower than you originally paid. LimeFx evolving from HotForex, strives to become the perfect solution for both individual and institutional traders. Therefore, inactivity fees will not be charged in case your balance is less than 5 USD.
You can trade Palladium contracts on Spot markets and a
variety of commodities like Coffee, Cocoa, Copper, Cotton, Sugar, and Soybean
Oil contracts on Futures markets on LimeFx. Traders can access the
Web Trader on any browser by just launching it and logging in with your account
details, placing trades on just a button. Traders can view their
trading activity and analyse using advanced analytical tools and charts at
their disposal.
You have access to the same financial markets and real-life market conditions. Unfortunately, you won’t find exotic ones with this broker and to be honest, most traders avoid trading exotics anyway due to low liquidity and high spreads. Limit and stop levels start from 2 pips, and traders can
begin trading with as little as $100 for the minimum deposit. In addition to
the usual trading conditions, they can be further improved with the various
bonuses offered by LimeFx.
MetaTrader5 (MT5) like MT4 is another platform that is commonly available with Forex brokers and one we are very familiar with. Given MT5 is an updated version of MetaTrader4, with more advanced features and is still receiving new development and support from Metaquotes, we tend to recommend this platform to most traders. MetaTrader4 (MT4) is the industry-standard workhorse software of the retail forex industry and is offered by many brokers so is one we are very familiar with. We tested the platform with LimeFx and except for some personalised branding, MT4 with LimeFx has all the features we expect to see. Of the accounts LimeFx offer, we think their no-commission accounts are a better choice, that said, we think there are better brokers for low spreads. By trading conditions, the company means trading with leverage, easy withdrawals, the smallest minimum deposits, and the fastest order execution speed.
Select your preferred currency pairs and use the platform’s advanced trading tools to open, manage, and close your positions. To see the full list of account types and their trading conditions, go to LimeFx Official Website. You find webinars, video tutorials, training videos, and courses that help beginners understand trading from scratch. Even experienced traders will find the material offered by LimeFx useful.
LimeFx offers demo accounts across the MT4, MT5 and Webtrader platforms and for most of its trading account types. In terms of trading platforms, LimeFx offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5) which from our observations, are the go-to platforms for many brokers using an ECN execution model. The broker also has its own mobile trading platform called LimeFx app (for Premium account holders) which appears to be built on the MT5 platform so shares many common features. Lastly, LimeFx also have another in-house developed app but copy trading called HF Copy.
The Copy account allows you to track the leading traders and
copy their trades. An advanced trader with trading experience, can become a
Strategy Provider and display their trading strategy, knowledge, and expertise
in exchange for a performance fee based on copy trades. LimeFx offers different types of accounts to its clients to
suit a wide range of trading strategies. Based on regulator requirements, there
are different account types for each region. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading Leveraged Products such as Forex and Derivatives may not be suitable for all investors as they carry a high degree of risk to your capital.
However, mobile apps are quite handy in emergency situations like power outages and computer failures. LimeFx’s mobile versions of MT4 and MT5 provide all the necessary features for monitoring your trades effectively. If you choose to be a strategy provider, you can start by depositing at least $500, build your trading strategies, and create your followership base, where you can earn 50% from followers’ fees. You can either use the previously mentioned Premium account, or an additional Premium Plus account with a smaller spread starting from 0.4 pips, but with a fixed commission of $8 on a round-turn. Physical stocks are preferred for long-term investors as usually, there’s no leverage offered and swaps are not charged for keeping positions longer than a day.
Client funds are segregated, and held by major global banks, in compliance with the regulations of government authorities. That’s why it’s super important to check up on a broker’s regulatory situation before even opening an account. There are also energy commodity products, both spot contracts and futures contracts, which allow you to speculate on the price of crude and Brent oil. Soft commodities, such as cotton, cocoa, and sugar are also available. If you wish to automate your trading or build your custom indicators, MT4 allows you to build Expert Advisors (EAs) to do these.