Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will limefx review get complete access to all trading instruments the broker provides. The MetaTrader 4 platform is accessible on Mac and Windows-powered desktop devices and can be downloaded for free. The platform is a good choice for seasoned and layman traders as it allows them to manage equity, positions, and orders over the Internet with just a few clicks.

Customer Support Test

1. It is a mechanism that prevents theaccount balance from going into negative territory and ensures that tradersdon’t end up owing money to the broker.
2. I think LimeFXs is reliable choice, I say from 10 years experience with diferent brokers .
3. Asthe broker is regulated, clients need to complete their KYC that is in linewith the Seychelles Financial Services Authority.
4. In addition, the MT4 platformprovides traders with comprehensive trading tools and features to create theirtrading strategies.
5. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.

Please note that trading leveraged products carries a significant risk of losing all your invested capital. MarketBulls does not offer financial advice, and all content is for informational purposes only. Yes, LimeFX offers social and copy trading features, allowing traders to replicate the strategies of successful traders directly within their accounts. Traders in India can access the broker’s range of trading instruments and platforms. LimeFX is considered safe due to its regulatory oversight by the FSA. The broker implements advanced security measures, including encryption technology and segregated client funds, to protect traders’ assets and personal information.

Is LimeFX a market maker?

Once the account is active, starttrading with virtual funds or real money. Trading orders are also beneficial for traderswho are looking to diversify their portfolios. With the help of these orders,they can also manage their trading activities better and maximise theirprofits. With the help of the LimeFX platform, thesetraders can make informed decisions when trading stocks. Deposits are free and instant; traders canquickly start trading after the deposit is complete.

I also urge beginners to seek in-depth education from third parties to deepen their foundation and avoid paid-for courses. A transparent MT4 broker with a balanced asset selection and quality education. Traders who are looking for portfolio diversification should consider trading shares as thus, they will not only be able to invest in the shares of global companies but can also find new and upcoming brands. Tradeco Limited is authorised and regulated by the Seychelles Financial Services Authority with licence number SD029. When you buy a CFD contract, you speculate on the price movement of the underlying asset. For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold.

Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing.

Metals

As long as there is enough liquidity in the market, all order requests will be filled at varying speeds. MT4’s app suffers from the same underlying problem inherent to other mobile apps. Analyzing price action behavior on low-resolution devices is extremely difficult. That is why I recommend using the mobile app only to monitor your positions’ development and make changes if needed. It could be argued that MetaTrader set the standard for how retail platforms should be organized. In our reviews, we examine the licenses and regulations of each entity operated by a broker.

Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading. I conducted my test on 18 December at around 9.50 am CET via live chat. I requested additional information about LimeFX’s execution model, average execution speed, and general trading conditions. An agent connected almost instantaneously to the chat, but they did not introduce themselves. They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. Compared to the broader industry, LimeFX offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies.

Analytical tools

The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending scammed by limefx on where you reside and which entity you open an account with. My analysis indicates that LimeFX’s fees are above the industry average, and the broker offers limited client protection. The most ignored trading costs are swap rates on leveraged overnight positions.

It enablestraders to potentially magnify their profits if the market moves in theirfavour, but losses as well, if the market moves against them. Indices trading comes with a higherflexibility of short and long positions. With the help of sophisticated tradingtools, traders can make informed decisions while trading indices on the LimeFXplatform. Moreover, for traders who find it challengingto place manual trades all time, the platform offers one-click trading thatsimplifies the whole process.