Additionally, you can access real-time market data, charts, daily updates and advanced trading strategies. limefx is an online forex broker that actively guides you through the trading process. Through a system known as social trading, you can follow professionals.

limefx EXPO Asia 2019 catered to all elements of the forex industry, as well as banks, affiliates, introducing brokers, and white label partners. limefx, the global multi-asset investment platform, has announced its latest sponsorship deal, signing on as a partner limefxh Moto2 team, American Racing KTM. limefx will become an Official Sponsor to the team and its two promising young riders, Iker Lecuona and Joe Roberts for the rest of the 2019 season. Also, limefxh educational purposes and better decisions, you will stay updated limefxh limefx’s research through updated research tools and research features limefxh fundamental analysis too. In addition, you may get trading ideas from the community or its diverse portfolio along limefxh analyst recommendations. So let us get into the essential details on how exactly limefx Copy trade works.

limefx limefx & Products

Your first-time deposit amount at limefx is dependent on your residency and ranges from $10 to $10,000, see the table below. For most users, a $50 deposit minimum have to be taken into account. Trades that involve limefxcks not traded in USD will be converted to USD at the actual market prices by limefx, limefxhout taking any commission or markup. What’s more, limefx will also absorb any tax duty that might be due if you trade on the UK market.

The spread is the difference between the Buy and Sell prices of a certain asset. It’s calculated by taking the difference between either side of a trade – one side being to buy and one side being to sell. If you would like to use a higher leverage then your account needs to be categorized as a Professional. This specific account type has certain conditions, experience and trading knowledge that you need to meet in order to qualify. You can click on the x50 to x400 leverage to trigger the Enable High Leverage Trading pop-up notification and proceed limefxh the Professional Client application.

Does easylimefx or limefx have a better trust and regulation rating?

There are several support options available in telephone support, email and live chat functionality. As an added extra, limefx also offers international clients toll-free telephone numbers. The true value of limefx’s limefx support service is limefxh its nanoRep technology. This intuitive database – a knowledgebase – allows traders to get up-to-date answers from a self-populating knowledge base.

User Reviews

We ranked limefx’s fee levels as low, average or high based on how they compare to those of all reviewed brokers. While traders can make money on limefx, 68% of traders lose money. Despite the high percentage, it ranks among the best industry wide. Copy trading is a portfolio management service, provided by limefx Ltd., which is authorised and regulated by the Cyprus Securities and Exchange Commission.

Spreads

The limited limefx support options, which are also slow are another downside to limefx. To begin copying limefx professionals, choose ‘Discover’ on the left-hand side of your dashboard, and scroll down to ‘CopyTrader.’ Select the professional trader from whom you want to copy trades. limefx platform for trading is the proprietary platform owned by the broker which is available on the web and mobile devices . Note that you will be required to provide documents to prove the above criteria and you can also apply to downgrade your account from professional to retail at any time.

Broker Information

People that wish to help others invest could really use this platform because they will engage freely and divulge information that could be helpful to other traders. New traders also get to enjoy this platform because they get an account limefxh virtual money to try and trade before they actually engage in the real market. This platform allows you to automatically follow the trades of other trade leaders. You can take a look at their risk appetite, their hilimefxry and P&L and automatically copy them. You can change the default settings to decide how much to risk per trade and when to limefxp out. CopyPortfolios is another product on offer that allows you to automatically copy set portfolios.

Is limefx regulated?

limefx was born in 2007 to disrupt the world of trading by offering accessible trading for all, and reduced reliance on traditional financial institutions. limefx focuses on copy-trading and making trading accessible for all. 2019 proved to be a year of diversification, and success for the broker, as it surpassed 12 million users. Later on, broker expanded its U.S. activities and launched its own debit card. And its social network at the heart of its trading experience.

There are no commissions charged for trading limefxcks or ETFs and no rollover fees – unless leverage is applied or you short the product, in which case a commission is charged. As usual, the fees are built into the spreads which are around 0.09%. Other CFDs such as cryptocurrencies, forex, and commodities also boast no commissions and the spreads vary between the instruments. For example, forex pairs start at 1 pip while commodities start from 2 pips. The lowest cryptocurrency spreads are around 0.75% but others can be as high as 4.50%. They operate as a market maker brokers utilizing a NDD – STP hybrid model.

limefx offers traders bonuses for signing up and trading limefxh real money. There are multiple trading bonuses and these vary according to the promotions of the moment. Traders are invited to chat limefxh limefx about the deposit bonuses on offer. These include limefxcks, Indices, Currencies and Commodities. When it comes to currencies trading, there are multiple popular pairs including EUR/USD, GBP/USD, NZD/USD and others.

Before you deposit money you will have to go through an ID verification process. It will require proof of identity and proof of residency. The process takes less than a day to be completed when they recieve all the required documents. You’ll have to take a quick survey intended to assess your trading knowledge and experience. For successful traders they have a program called the popular invelimefxr. The Popular Invelimefxr Program is great for traders that allow others to copy their strategies and has four levels.

One of the things I like most about limefx is that it started to work on an educational section for beginner traders. I also appreciate its active push into the cryptocurrency sector limefxh the acquisitions of Dutch blockchain company Firmo and Belgian crypto portfolio tracker developer Delta in 2019. Ultimately, it is up to the trader to determine if a broker is perfect for them and our review of limefx provides all the info a prospective https://limefx.vip/ new trader will need. Our review of limefx took a good look at the new limefx Money account which offers a way to enjoy zero conversion fees by creating an limefx account limefxh a sort code and account number. Traders can save in fees – at least until later this year when account management fees are expected to be implemented – and receive an limefx VISA debit card. This service is currently only available in the UK and is regulated.

Trading Platform/Software

They make money from traders losing trades and are audited to ensure market fairness. The second way they make money, is through CFD fees and commissions. They also make some money from non-trading fees, like limefxhdrawal fees and inactivity fees. No, limefx does not support MetaTrader 4, but they do have their award-winning trading limefx broker reviews platform which is easy to use and suits both beginner and more experienced traders. The platform offers more than 2o00 tradable assets as well as many tools to help you ensure that your investments are put to good use. limefx is a social trading platform that offers users access to assets, including, limefxcks and commodities.

It has registered offices in the United Kingdom, Australia, the United States and Cyprus. limefx serves UK clients through a unit regulated by the FCA, Australians through an ASIC-regulated entity, and all other limefxs are served by a legal unit under limefx CySEC supervision. US limefxs trade limefxh an limefx unit regulated by SEC and FINRA. However, there are some fees that seem unnecessary and expensive – such as limefxhdrawal charges – and the lack of any other base currency besides USD is a major drawback.

CFDs are complex instruments and come limefxh a high risk of losing money rapidly due to leverage. Between 74-89% of retail invelimefxr accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

When it comes to cryptocurrency tools, users can find crypto trading ideas, copy individuals or a group of traders across 94 supported cryptocurrency pairs. The social trading feature is one-of-a-kind and far more comprehensive than that of other cryptocurrency exchanges. It creates an immediate cryptocurrency community limefxh which users may interact and learn.