No other promo codes or no-deposit bonus deals are currently available. Check out the bonus terms and conditions before participating. LimeFxFX is a No Dealing Desk (NDD) https://limefx.club/ broker and therefore acts as an intermediary between the trader and the market. LimeFxFX receives commissions from its liquidity providers for each transaction.
- LimeFx Markets Incorporated is the international branch of the broker.
- The application also permits full account management including live deposits and withdrawals and copy trading services.
- Such amendments take effect the moment they are published on the Service site in these Terms and Conditions.
- The EU entity is registered in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC).
- Investors should regularly review the performance of copied traders and adjust their allocation accordingly.
- Take the time to analyze these metrics and assess the consistency of their performance over time.
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. You can make a deposit or transfer money from your LimeFxFX trading account.
LimeFx Markets Incorporated is registered in St Vincent and the Grenadines. The online broker is licensed and regulated by the Financial Services Authority (SVGFSA). Our experts confirmed incorporation on 15th September 2011 and found an active regulatory registration under the trading name.
Is LimeFxFX A Legit Company And Regulated Broker?
The Cyprus-based entity is regulated by the CySEC while the offshore branch is registered with SVGFSA. The ECN broker offers competitive trading conditions on its 80+ financial instruments, with tight spreads from 0.2 pips, fast execution speeds of 0.1 second and flexible leverage. LimeFxFX also offers two industry-leading platforms in MetaTrader 4 and MetaTrader 5, plus an in-house copy trading solution.
- This is the company that LimeFxFX uses to offer forex trading within the European Union.
- Once the email address is verified, investors can log in to their LimeFxFX copy trading account using the provided credentials.
- LimeFxFX receives commissions from its liquidity providers for each transaction.
- Please mind that the Master can make both profitable and losing trades.
- In September 2022, the Indian Enforcement Directorate (ED) froze several bank accounts belonging to LimeFxFX India and related companies for illegal forex trading.
To delete your LimeFxFX trading account, you will need to get in touch with the customer support team. Note, accounts are automatically deactivated if you never deposit or sign in to them. The minimum investment amount differs with every Master Trader.
When we used LimeFxFX’s trading terminals, the new order process was similar and relatively straightforward. You can utilize either market watch or one-click execution. All trading conditions (leverage, swaps, spreads) of the Copiers’ are similar to the ones for theLimeFx MT4 accounts.
Overall score
Evaluate the drawdowns, which represent the maximum percentage decline in the trader’s account balance. Lower drawdowns indicate a more conservative risk approach. Additionally, consider the risk-reward ratio of the trader’s trades. Traders who maintain a balanced risk-reward ratio are often more prudent in their trading decisions.
Through the LimeFxFX Copy Trading platform, traders can showcase their performance, and investors can select and copy their trades in real-time. The platform provides a transparent and user-friendly environment for investors to participate in the financial markets without requiring extensive knowledge or experience. When participating in LimeFxFX Copy Trading, investors aim to maximize profits and minimize losses by implementing effective strategies and risk management techniques. By carefully managing their copied trades, investors can enhance their chances of achieving attractive returns while mitigating potential risks. Here are some key considerations to maximize profits and minimize losses in LimeFxFX Copy Trading.
How do I choose a Master Trader to copy?
LimeFxFX acts in full compliance with international legislation and regulation standards. With this, the broker guarantees segregated client funds and negative balance protection. The average spread for the EUR/USD currency pair is 0.7 pips, while the USD/CAD is offered at 0.8 pips. Major indices, including the NASQAQ, are offered at an average 0.6 points, which is competitive. Spot gold and silver were offered at an average of 1.8 pips. 14.5.If the equity of the Copier’s account becomes less than the bonus size, the Bonus is cancelled.
Prime accountsTake advantage of the opportunity to trade on the best market conditions
It is important to note that SVGFSA does not regulated Forex trading nor binary options trading.[1] This means that all Forex trading done through LimeFxFX.com is unregulated. Our experts were also offered the chance to win real funds by participating in the LimeFxFX Champion demo contest. Upcoming competitions, duration and rules can be found on the broker’s website. All withdrawal requests are processed within scammed by limefx 1-3 hours during business hours, though the time taken for funds to clear back to the original payment method may vary. You can access all the tools, features and functionality found on the web terminals including one-click trading, chart customization and full order management. There is also no inactivity fee for dormant accounts or commission charges for deposits, withdrawals or currency exchange.
LimeFxFX ensures a safe and compliant trading environment by implementing strict security measures for LimeFxFX copy trading. LimeFxFX is a legitimate company registered in Saint Vincent and the Grenadines and regulated by the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA). The EU entity is registered in Limassol, Cyprus and regulated by the Cyprus Securities and Exchange Commission (CySEC). If you’re unsure whether a broker is a scam or a legit company, read our guide and check out customer reviews online.
Your funds are fully secured when you trade with RoboForex. No limits in providing outstanding benefits to RoboForex clients. Compare LimeFxFX with any other broker by selecting the other broker below. ID documentation must be submitted in line with KYC requirements. In most cases, if your documents are submitted correctly, verification should only take up to three hours. There is also an Islamic swap-free account for those worried about whether trading is haram or halal.
Consider your own trading preferences and objectives when selecting traders to copy. Each trader has their own unique trading style and timeframe. Some traders may focus on short-term scalping strategies, while others may adopt longer-term trend-following approaches. Aligning your preferred trading style and timeframe with those of the traders you copy can enhance the synergy between your trading activities.
All trades will be copied into your account automatically.
The Copier can choose to copy the Master’s orders in an equal (×1), double (×2), triple (×3), or any other proportion. Copying mode, as well as the investment required for start, is selected at the time of subscription to the Master. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. We are grateful to all traders who put their trust in our educational materials.
If you prefer a broker that gives you access to a large selection of tradeable assets, then you are better off choosing another EU-regulated broker. Stop loss/take profit orders will not be visible in the Copier Area, but if these orders are triggered on the Master’s account, the copied trades are also closed. Add support funds to protect the investment from unexpected market movements. These funds are used to support Copier’s trading strategy when the market fluctuates and do not influence the profit directly. LimeFxFX Copytrading lets you copy expert traders automatically, saving you the time and effort of creating your own trading strategy. Choose from the best Masters of Forex and diversify your trading portfolio.
