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LimeFX

They are not active on social networks such as Facebook, Twitter, Instagram or YouTube. In this century, that`s a bit disappointing, because younger traders actually look for information, groups and help on these accounts. Anyway, they have live chat, feedback, FAQ, email and a telephone number if you needed to contact them.

Regularly updated and carefully selected learning materials https://limefx.club/ and Forex strategies, described by professional traders.

Ratings and reviews

With its user-friendly trading platforms, tight spreads, and low minimum deposit, it is an attractive option for both beginner and experienced traders. While its maximum leverage is relatively low compared to some other brokers, this can be seen as a positive aspect for traders who prioritize risk management. Overall, limefx reviews seems to be a reliable and trustworthy choice for anyone looking to trade the financial markets. However, it is important to always do your own research and carefully consider the risks involved before making any investment decisions.

The LimeFX group also holds its branch offices in Kenya, Tanzania, Myanmar, Nicaragua, Indonesia, India, Ghana, Iran, Vietnam, Nigeria, and the Philippines. LimeFX’s information on spreads and commissions is quite limited, which may make it difficult for traders to accurately assess the cost of trading with the broker. However, LimeFX does declare to have tight and variable spreads, with an average spread of 0.5 pips for EURUSD, which is a competitive level compared to other brokers in the market. The broker also does not have any hidden fees or charges, which can be seen as an advantage for traders.

LimeFX Review 2023

The company is officially headquartered at a registered address on Ajeltake Road on the Ajeltake Island in Majuro, Marshall Islands MH96960. It is also available in Saudi Arabia, Luxembourg, Kuwait, Qatar, and most other countries. However, the broker is not safe for trading in the United States, Israel, and Japan. Five participants whose trading will be the most profitable and risk factor – the least, with money management observed, will be announced as winners of the forex demo contest. This broker provides a reliable and engaging copy trading facility that functions as a social media network. Users can view the trades carried out by top-ranked account holders and imitate their winning strategies as they aim to increase their performance daily.

LimeFX

The first advantage of using these platforms is getting access to multiple charts. A  line chart or a candlestick chart improves the client’s understanding of the trade and the trading conditions. The advanced MT5 analysis tools and a built-in economic calendar are quite useful in the forex market, where there is always a high risk of losing money. The platform provides trading signals across 21 timeframes, and its Depth of Market feature adds value to the trades. MT4 is much easier to use and still the most popular platform among LimeFX clients. It is best used to implement and share innovative trading strategies.

LimeFX review ( Review

Trade profitably on a contest forex account by use of currency pairs and any other available trading tools at LiteFinance. Trade actively and show the best profitability result among all forex demo contest participants. Overall, LimeFX is an excellent proposition for both beginner traders and professionals thanks to its range of account types and the wealth of financial information available to account holders. Private investors focusing primarily on forex pairs while appreciating transparency and competitive pricing will benefit, especially from this broker’s offering.

LimeFX

Maximal deposit utilization rate is a maximal value of an account’s deposit utilization rate during the contest. The winner shall be aware that prize payment requests are accepted only within the first 2 weeks following the end of the contest the account has been participating in. 1.9 After the registration form is filled in, a contest demo-account with a unique login number and password will be opened for a participant.

Company’s news

LimeFX is an online broker offering its services to customers from different parts of the world. As a company, LimeFX was founded in 2005 under the title LimeFX Investments Limited. This company has more than a decade of experience maintaining the trade order quality of multi-domain financial services to its customers from around the world. As of 2020, LimeFX has over 500,000 clients who trade with the broker actively daily. The company is headquartered in the Marshall Islands and has been operating from there.

Tastytrade, LiteFinance Launch New Features – Finance Magnates

Tastytrade, LiteFinance Launch New Features.

Posted: Mon, 01 May 2023 07:00:00 GMT [source]

LimeFX is an STP (Straight Through Processing) broker that enables its clients to have direct access to interbank markets. This type of broker passes on their client’s orders directly to liquidity providers, which are typically banks, without the need for a dealing desk. As a result, STP brokers are typically known for their transparency and faster order execution. LimeFX’s STP model allows clients to experience pricing that reflects current market conditions, which can result in lower trading costs. However, since LimeFX does not have fixed spreads, clients may experience wider spreads during volatile markets. Additionally, requotes may occur due to the time it takes to process orders.

Should there be any open transactions at the moment when the context finishes, they will be automatically closed at a current market price. The presence of open transactions at the moment when the contest ends does not entail disqualification. 1.4 When registering for the contest, a participant accepts all limitations and rules related to the contest. In the event of non-compliance with the contest rules, the Organizer, acting through the LiteFinance company, may disqualify a participant in the course of the contest. 1.2 All participants commit themselves to provide true information when registering for the contest. Whether you are a newbie in trading or experienced, you must have plan your methods of execution…

  • LimeFX provides a VPS hosting service through its website for managing trades in the absence of on-premise servers.
  • Additionally, requotes may occur due to the time it takes to process orders.
  • LimeFX

    is a very specialized online trading brokerage as they primarily facilitate the

    trading of forex with a wide selection of currency pairs.

  • A  line chart or a candlestick chart improves the client’s understanding of the trade and the trading conditions.

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