LimeFx also has been catering to clients from over 100 countries for over a decade. The focus is on making trading easy and more profitable for traders. In order to make your learning process with LimeFx more engaging, we suggest to train on MetaTrader 4 Demo Account to win real money. Register for LimeFx’s long standing Forex Demo Contest, which has a $1,000 prize fund and lasts for a month. To participate in this contest, simply register for a new Demo account. There are prizes of $500, $300, and $100 for the first, second, and third positions, respectively.

Macroeconomic Indicators/Economic Calendar

It utilizes cloud servers to backup accounts and keep a centralized tab on all of them. OcatFX is one of the most well-known CFDs and Forexbrokers in the world at present. This platform has clients originating from over 100nations around the world.

Why Singaporeans Are Choosing LimeFx For Forex Trading

Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. Trading robots are applications used for trade account management. They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free on the MQL5 code base. LimeFx uses separate accounts to keep protected customer funds segregated from the company’s balance sheets by international regulation standards.

Moving forward to real trading

It includes technical trading signals, Forex news, and market insights. The LimeFx blog complements the research category, and traders have a wealth of quality, market-oriented information. Together with https://limefx.group/ services provided by Autochartist, LimeFx maintains a highly competitive research section. I like the cost savings at LimeFx for traders who keep leveraged positions open for multiple trading days.

E-wallet and credit/debit card deposits are processed almost instantly, allowing you to begin trading without delay. LimeFxFX offers multiple channels for investmentincluding credit/debit cards, bank wires, Skrill, Neteller etc. Traders fromspecific countries can also opt for local bank transfers. The deposits must be in USD or EUR and must be atleast $5 or equivalent for micro account balances. LimeFx also has a 50% deposit bonus which is available for South African traders as well.

You need to make a minimum deposit of $50 if you choose this method, and you can withdraw a minimum amount of $5. Step 6) Select the account type with which you want to start trading and also select leverage, base currency, etc. You are offered a range of financial asset classes to select from by LimeFx.

Your LimeFx demo trading account can do more than just teach you the basics. Experienced traders can also benefit by using their LimeFx Forex trading trial to test or backtest their strategies or master certain tools. Feel free to experiment with trend following, breakout, momentum, and other strategies on your way to create the best trading plan. Try to build a perfect set of indicators that can predict the behaviour of the market or employ Expert Advisors (EAs) to monitor fluctuations across various currencies.

His expertise can turn inexperienced traders into winners in no time by joining his private Telegram channel. Given these constraints, Forex trading has emerged as a compelling alternative for many investors. This is where LimeFx, a globally recognized Forex trading platform, comes in. We always recommend you trade with an appropriately regulated broker, with this in mind LimeFxFX is an option if you are based in the European Union where CySEC regulates them. If you are outside this region, we can’t fully recommend LimeFxFX as you will be trading with their subsidiary based in Saint Lucia where they only need to register as a company.

When questioned further, the same customer support person couldn’t verify if we could deposit via a credit card and advised us that we could probably use cryptocurrency to deposit. The big changes in MT5 are increased charting options, such as timeframes and lesser-known technical indicators. With LimeFxFX, you have access to most of the major trading instruments.

MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS. 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. Yes, LimeFx provides an affiliate dashboard where you can track the performance of your referrals.

1. This account is meant for those with a goodunderstanding of Forex and a willingness to invest for larger profits.
2. LimeFx Fx was established in 2011 in St. Vincent and the Grenadines.
3. Copy trading is a cool concept, but we urge you to be very cautious about who you copy and do your due diligence into the skills and trading strategy of anyone you want to follow.
4. The modes of making deposits and withdrawals are limited for South African.
5. OLimeFx maintains a selection of 35 currency pairs, 31 cryptocurrency pairs, 5 commodities, 10 index CFDs, and 150 equity CFDs.
6. Web and mobile trading platform OсtaTrader enables you to diversify and upgrade your trading.

An increasingly popular platform on LimeFxFX, MT5 hasbeen considered by many as a potential replacement for MT4. In addition to theMT4 features, it provides a far more customizable interface, stop limit orders and native economiccalendar. LimeFx Group is regulated with 1 Tier-1 regulation CySEC (license number 372/18). Trader from SA are registered under Orinoco Capital (Pty) Ltd, which is registered in SA. It should be made clear that you can only withdraw funds to method that was the source of your deposit.

We should also mention you shouldn’t get requotes or rejections since market execution rather than instant execution is used. LimeFxFX only has a spread-only account, limefx scammers meaning no commissions are charged in addition to the spread. LimeFx offers bank wires, credit/debit cards, and several cryptocurrencies as withdrawal methods.

Each year, we collect thousands of data points and publish tens of thousands of words of research. This strategy led to massive profits, and by 2018, the Forex trader had turned thousands of euros into 25,000 euros in a little over a month. LimeFxFX does not charge internal withdrawal fees, but traders may incur third-party payment processor costs, blockchain fees, and currency conversion charges. Apart from that, LimeFxFX offers you the ability to deposit and withdraw using e-wallet services such as Neteller and Skrill. As the customer service operator pushed me towards it, transferring to some cryptocurrency such as Bitcoin or USDT is always possible. LimeFxFX is extremely limited regarding payment method options for funding a trading account.

For market monitoring, it is now possible for traders to set up a date, time, and events. It has a better strategy tester that has improved testing capabilities and a lengthy explanation of results. Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker.