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Expert Advisors, which arealso known as EAs, are pieces of software that automate trading methods basedon rules that have already been set and can be used on Lime Fx’s trading systems. Traderscan make their own EAs or use ones that already exist to make dealsautomatically without having to do anything themselves. This feature letsspeculators use their chosen investing strategies consistently and well, evenwhen they are not actively watching the markets. There are different kinds of orders that traders can use, suchas market orders, future orders, and stop orders. This gives them the freedomto use different trading methods and tactics based on their needs and the stateof the market. Furthermore, it isimportant for buyers to learn about the rules that apply to their area and typeof account, as rules can be different based on where traders live and what kindof account they have.

It requires a minimum initial deposit of $10,000 and does not allow hedging. To protect the client’s fund in the event of extreme volatility, Lime Fx presents each account type with Negative Balance Protection. Minimum deposit of $5 applies to Standard, Micro, and also Ultra-Low Accounts. Traders who open accounts in Lime Fx are enabled a condition similar to a Cent Account environment in the Micro Account, in which the Contract Size for every lot is only 1,000 units.

Currency pairs are a common choice, and you can gradually expand to other assets as you gain experience. The minimum deposit required for a micro account with Lime Fx may vary, and it’s best to check Lime Fx’s official website or contact their customer support for the most up-to-date information on minimum deposit requirements. These requirements can change over time, and they may vary depending on your region and the type of account you’re opening. Lime Fx also presents comprehensive research and educational feature, ranging from daily news, research on market conditions, forex seminars, and live education with 20 multilingual professionals.

Lime Fx also encourages its users to contact customer support whenever they have any doubts regarding the trading platform. Whenever you start to trade in Lime Fx trading account, they will always warn or remind you regarding the risks attached when trading with leverage. Even better, the platform provides the option to show a simple dashboard while trading to help you monitor their margin and cope with risk exposure in a real-time manner. You can observe both used and free margins, which will combine as the equity in your portfolio. The free margin is the quantity you still have in your trading account, while the used margin will refer to how much money you need to have for a transaction.

They can always set and place their trades during their respective trading hours. Lime Fx Group offers a range of trading platforms to suit different preferences and trading styles. Lime Fx puts a lot of emphasis on trader educationand offers a wide range of learning tools and resources to help traders becomebetter. Existing clients can get a50% Deposit Bonus up to $500 and an extra 20% Deposit Bonus up to $4,500through a two-tiered Deposit Bonus program. These bonuses are available forboth Micro and Standard accounts, and clients’ trading accounts can get them immediately. Spreads are the differencebetween the prices at which you can buy and sell a currency pair and can changedepending on the state of the market, the type of account chosen, and thecurrency pairs being traded.

A World of Trading Opportunities

Always make sure to check these details before you start trading with a real account. In the forex trading marketplace, when we refer to execution we mean the speed at which a foreign exchange trader can actually buy or sell what they see on their screen or what they are quoted as bid/ask price over the phone. A good price makes no sense if your bank or broker cannot fill your order fast enough to get that bid/ask price. This segment participates in the forex trading limefx scam marketplace via a broker (like Lime Fx), or via a bank. CFDs are complex products and are notsuitable for inexperienced traders. Lime Fx recommends to its clients to make surethey understand how CFD trading works and whether they can afford to take therisk of losing money.

Lime Fx Group have a variety of fast and convenient deposit and withdrawal options. Providing options such as Skrill allows for faster transfers to and from trading accounts. I think it is great for finding trading signals and can save you hours by automatically scanning the markets on your behalf. It is also a great solution if you don’t have the knowledge or experience to decide which way the market is moving. There aren’t many brokers who offer Autochartist to you, although GO Markets do.

You can automate your analysis and gain access to the proprietary indicators by contacting your personal account manager at Lime Fx Group who will be happy to get you started and provide you with assistance. I don’t usually require assistance from the account manager as I have been trading for many years. However, it is a great option if you are new to trading and need some guidance along the way. Lime Fx Group is authorised and limefx scammers regulated by the Australian Securities and Investment Commission (ASIC) and Cyprus Securities and Exchange Commission (CySEC). This helps to ensure safety of client funds and that they abide by strict regulatory standards with the most sought-after regulators.

1. Basically, if you are a trader from the country that regulates the broker, you will follow the rules of your country.
2. The VPS fee will be automatically deducted from your MT4 or MT5 accounts on the first day of each calendar month.
3. With the reasonable use of your initial deposit and some leverage you can gain considerable profits on a micro lot account.
4. Lime Fx Standard Accounts is pretty much similar to Lime Fx Micro Accounts, except for the lot size, minimum trade volume, and maximum lot per ticket.
5. In forex trading, minor currency pairs or crosses are all currency pairs that do not include the USD on one side.
6. To gain access to any of the Lime Fx trading platforms, you will need to have a demo or a live trading account.

Lime Fx Fees

Even if you only trade forex now, think about how easier it would be if you want to diversify in the future. If you want something more advanced, cTrader is another platform to consider but is not offered by as many brokers. From the previous discourse, it can be concluded that the largest-selling point of Lime Fx broker is its trading reliability across a diverse range of forex markets. To maximize client convenience, Lime Fx has also provided various versions of the MetaTrader 4 and MetaTrader 5 trading platforms.

Trading Environment

Traders trust Lime Fx becauseit is regulated by these authorities, which make sure that client funds arekept separate from operational funds and subject the broker to regular auditsand monitoring. Additionally, if have any problems or complaints, they can goto the appropriate regulatory groups to get help. Lime Fx Group give you access to trade a wide range of more than 1000 financial instruments including Forex, Commodities, Stocks, Shares, Indices, Metals, Energies & CFDs. This is an excellent selection that I would put up there with some of the best in the industry. However, if you want even more, you could consider TMGM who have over 15,000 or Plus500 with more than 2,000.

The Lime Fx VPS allows you to remotely connect to a Virtual Private Server (VPS) located just 1.5 km away from the brokers data centre in London, with optical fiber connectivity. Another great benefit of a VPS is that you can run trading platforms 24/7 without needing your own computer switched on. I like how they have a best execution policy to provide the most favourable trading conditions to traders. Collaboration with a range of liquidity providers mean that they can offer some of the lowest spreads with plenty of liquidity at all times.

If it is applied with the smallest lot size in the MetaTrader platform which amounts to 0.01, it means that traders can go as small as 10 units per trade. Lime Fx is one of the more experienced brokers in the world of online forex trading today. Since its founding, the broker has experienced a lot of changes, including the addition of the Ultra-Low Account and EN Live Edu that is instructed by 16 global experts. Depositing and withdrawing funds with Lime Fx is a convenient and secure process. The broker offers a variety of payment methods to cater to traders from around the world.

As a retail foreign exchange trader, the most important factors that affect your trading is trade execution quality, speed and spreads. The current floating rates system, which we know today, was adopted after World War II and has been in effect ever since. Both the MT4 and MT5platforms used by Lime Fx put security of client information and transfers at thetop of their list of priorities. To achieve that, advanced encryption methodsare used by the platforms to protect private dataand make sure that investing is safe.

Trading Brokers Trading Brokers is dedicated to bringing you unbiased broker reviews, the latest broker news and trading guides to help you along your trading journey. We have over 20 years of experience when it comes to trading online so we know what to look for. I found Lime Fx’s live chat the easiest and quickest way to contact customer support and the best part is, you will get instant response from human representatives during working hours and they will answer your questions. If you are new to trading online and would like to learn more about the different platforms available and how to use them, Lime Fx have a generous selection of tutorial videos that can help.