LimeFx Copy: copy trading app Apps on Google Play

Rather than specializing in any one field, LimeFx provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, LimeFx has room to enhance its research offering. LimeFx does have a proprietary app for social copy trading (the LimeFx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. LimeFx has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, LimeFx boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders.

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This is quite a brave approach, and I see they have succeeded in achieving their goal.Indeed, only spreads are in the form of commissions on this platform. There is also an integrated economic calendar as well as two major accounting modes for greater flexibility; hedging and netting. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry.

LimeFxFX company details

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. If you have experience trading with LimeFxFX please share your personal review of the broker and what you think are strong and weak points.

• Both platforms are suitable for beginners, though our experts note that MT5 offers more advanced trading features.
• It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.
• So, if you claim the 50% bonus on a $100 deposit, the minimum volume requirement will be 25 standard lots.
• Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

Fees

With its cutting-edge technology and user-friendly platform, LimeFxFX offers traders from all levels of experience the tools and support needed to achieve their financial goals. In addition to the 30 in-built technical indicators, advanced charting tools allow you to analyze price fluctuations and trends in the market, using three customizable chart and graph types. Additionally, MT4 offers nine timeframes, four pending order types and one-click trading. Traders living outside of EU will have their accounts placed under LimeFx Markets Incorporated. LimeFx Markets Incorporated does not have a license to offer forex trading and all trading is therefore unregulated. Traders outside EU can not trust LimeFxFX and should choose another forex broker instead.

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Minimum deposits at LimeFx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend limefx scam on which LimeFx entity you choose for establishing your trading account. Features like its trading glossary, platform tutorials, and dozens of Frequently Asked Questions (FAQs) help to flesh out LimeFx’s educational offering. That being said, there isn’t much educational content for learning how to trade or understand market dynamics.

It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. After analyzing this detailed LimeFxFX Copy Trading Review 2023, we can say the feature offers traders a convenient and accessible way to participate in the financial markets. With its low initial investment requirement and user-friendly platform, traders of all levels of experience can benefit from the expertise and success of successful traders. We offer impartial reviews of online brokers that are hand-written, edited and fact-checked by our research team, which spends thousands of hours each year assessing trading platforms.

Once you login to your personal area, you can set up your copy trading profile and deposit to your wallet. The broker also applies 3D secure Visa authorization when processing credit and debit card transactions. Also ensure you add additional security settings such as two-factor authentication (2FA) when using LimeFxFX platforms. Make sure to check all bonus terms and conditions before participating.

The application also permits full account management including live deposits and withdrawals and copy trading services. 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.

In this 2024 broker review, our experts log in to the personal area and uncover the key features, including leverage, demo accounts, regulation and more. Please note that the answer to this  question might depend on where you live. The security of your funds – in terms of regulatory protection – will depend on which LimeFx entity holds your account, and https://limefx.vip/ which –if any – relevant regulations provide customer protections. It’s worth noting that LimeFx’s primary execution venue is one of its own entities in St. Lucia. Founded in 2011, LimeFx holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC).

By carefully monitoring their investments and adjusting their strategies as needed, traders can potentially benefit from the advantages of LimeFxFX Copy Trading and achieve profitability. However, as with any form of investment, there is no guarantee of profit and traders should thoroughly research and understand the risks involved. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry. This average customer rating is based on 7 LimeFxFX customer reviews submitted by our visitors. Compare LimeFxFX with the top 3 similar brokers that accept traders from your location.

When we used LimeFxFX’s deposit bonus scheme, we were only permitted to withdraw a reward after completing the minimum volume requirement. So, if you claim the 50% bonus on a $100 deposit, the minimum volume requirement will be 25 standard lots. 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. Steven Hatzakis is the Global Director of Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry.

The overall score might seem lower than what each category’s score indicates. This is due to the fact that LimeFxFC forex trading is unregulated outside of Europe. We consider it to be very important that a broker is regulated by a regulator who offers strong trader protection. The overall score is therefore adjusted down due to the broker being unregulated. We do not recommend that you use this broker if you live outside the EU.

Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. LimeFx (formerly LimeFxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. With a dedicated Copy Trading platform, LimeFxFX users can monitor the performance of the trader they are copying and adjust their copy trading settings as needed.

Compare the markets and instruments offered by LimeFxFX and its competitors. Please note, some markets may only be available via CFDs or other derivatives. No other promo codes or no-deposit bonus deals are currently available. To delete your LimeFxFX trading account, you will need to get in touch with the customer support team.

He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.

When we used the LimeFxFX demo account, it was good to see emulated live market conditions and real-time prices. Paper trading accounts are a great way to practice investment strategies risk-free and learn platform terminal features and tools. 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.