LimeFxFX has no swaps – yes you read that right, none, zip, zero, zilch. This means you can hold your position overnight (after New York markets close) for as long as you wish without needing to concern yourself with any rolling feels. While the above module takes the spreads from the broker’s website, we at CompareForexBrokers have done our own testing using 20 MT4 brokers to find out their average spreads. You can read about our findings in our Standard Spreads test results.
In-Built Strategy Tester
This is also a good risk management strategy, as it doesn’t involve taking on big risks in the hope of huge profits. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading. This means you can develop, test, and apply EAs to eliminate obstacles in analytical trading activities. Expert Advisors are written in a proprietary programming language called MetaQuotes Language Version 4. The MetaTrader 5 Economic Calendar is where important macroeconomic indicators can be viewed in real time, in order to forecast price trends.
Invest with the Best Global Broker Asia 2022
There are prizes of $500, $300, and $100 for the first, second, and third positions, respectively. LimeFx is an international broker that has been providing online trading services worldwide since 2011. Forex trading has been seeing a significant rise in popularity globally, with daily trading volumes reaching https://limefx.club/ a record $7.5 trillion in 2022. This surge is driven by increased activity in FX swaps and forwards, amidst geopolitical tensions and changing interest rate expectations. The U.S. dollar remains the dominant player in the Forex market, involved in 88% of transactions, while the euro follows in second at 31%.
Autochartist signals are live
Traders can invest in a range of options on LimeFxFX including currency pairs, cryptocurrencies, stocks, market indices, precious metals, and other commodities. This combination of financial investment options allows for great profit potential. Investors can benefit from trading on the most popular market indices such as NASDAQ, Eurostoxx 50, Dow Jones etc.
- The investment landscape in Singapore is evolving rapidly due to a range of global influences, including geopolitical tensions, economic shocks, inflation and technological advancements such as AI.
- You will also find trading available with micro lots, mini lots, and standard lots with the spread variable or floating.
- Enable trading robots to see changes in currencies, indices, and other security quotes.
- The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements.
- Customise your account—real or demo—or just create a standard margin account in one click.
MetaTrader 4 charting tools for technical analysis
They can then trade as usual and earn additional income whenever others choose to copy them. Trading costs such as spreads are clearly explained on the Spreads and Conditions page. To read the fine print, traders can find the Customer Agreement in the footer of the website. The About Us page does a good job of sharing the company’s mission and history through a series of milestones over the years. LimeFx is an up-and-coming broker that has been in operation for nearly 10 years.
CySEC must comply with the same requirement set by ESMA (the financial body for the EU) that all financial regulators within the EU borders must follow. The standards set by ESMA are quite high, not dissimilar to those set by the FCA in the UK and ASIC in Australia. The global currency market is divided into four major trading sessions.
Founded in 2011, LimeFx (formerly LimeFxFX) is part of a group of global entities, which include LimeFx Markets LTD (based in the island of Mwali) and LimeFx Markets Cyprus Ltd (based in Cyprus). LimeFx also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LimeFx’s lack of additional reputable licenses heavily weighs down its Trust Score.
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.
They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. The AutoChartist plugin for MetaTrader is available to clients with $1,000 or more in their accounts. The Autochartist plugin for MetaTrader provides real-time trading signals to your terminal, shows chart patterns and trends online, and allows you to receive daily Market Reports via email.
Learn about the current trends for different pairs from the LimeFx experts and open orders on the same screen to save time and effort. Theactual commission charge is based on a mixture of standard prices and markupspreads. The table belowprovides a general idea of the spreads typically seen across LimeFxFX’splatforms. Naturally, it provides Level II quotes, server trailing stops, single-clicktrading and sophisticated charting options. It utilizes cloud servers to backup accounts and keep a centralized tab on all of them. Web and mobile trading platform OсtaTrader enables you to diversify and upgrade your trading.
MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS. Keeping true to its mission of benefiting local communities in the regions where it operates, LimeFx consistently engages in various charitable activities. For example, the broker sponsored an emergency support program this January following severe weather conditions in Bali, Indonesia. In Indonesia, LimeFx joined forces with a humanitarian organisation called IDEP Foundation, feeding more than 400 people at Banjar Pebuahan, Banyubiru village, Jembrana, Bali. With LimeFx’s funding, IDEP bought three cows and distributed the meat among the local Muslims. This charity effort targeted families affected by coastal abrasion and high waves.
NDD (No Dealing Desk) brokers such as LimeFx act as intermediaries between the trader and the real market and receive a defined and transparent commission for it. LimeFx offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies. LimeFx has a strong selection of CFDs on cryptocurrencies, numbering limefx 30 in total. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Every year we improve our conditions to make your trading journey easier. LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.
