You are not charged any commission for withdrawing or depositing funds at LimeFx. LimeFxFX has quite an extensive research and education section on the company’s website. There’s an economic calendar and regular news updates, which could be useful if you must keep up to date with the latest fundamentals. Their live chat team is mostly based in St Lucia or Cyprus and is 24/7.
Weekend trading enabled
In ZAR this is ≈ R480 if you are using bank transfer to add funds to your account. There are only 3 account types available at LimeFxFX, but none of these account types has ZAR as the base currency. LimeFxFX provides demo accounts that are accessible with both https://limefx.club/ MT4 and MT5. The trial period for these accounts has no time restrictions, making them a perfect platform for practicing and testing trading strategies. You can utilise all of the features available for trading, including expert advisors for automation.
Share trading launched
The LimeFxFX platform is essentially a white-label licensed version of MT5. The main advantage of this platform is easier sign up and less hassle when making deposits and withdrawals. Each platform runs on Windows, iOS, and Android, so no matter which device you trade from, you’re free to use the platform you like the best.
Impact of Strong US Economic Data on Silver Prices
Retail sales are forecast to fall 0.4 percent on month after staying flat in March. The prevailing technical stance suggests a bearish outlook below $30.97; however, breaching this resistance might pivot the trend to bullish. Traders should focus on these critical levels for potential market shifts. Recent declines in U.S. jobless claims and improvements in manufacturing and service sectors underscore a robust economy, traditionally pressuring precious metal prices.
King Of The Road real contest finished
Regarding account currency, if you join the LimeFxFX European subsidiary, you will use Euros. All other clients will be using USD as the account currency, so if you are in the UK and prefer limefx company reviews GBP as your account currency, you cannot choose it. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
- The broker is regulated by Cyprus’ CySEC (Cyprus Securities and Exchange Commission), which means it can offer trading services to all clients in the EU.
- We measure success by the cost-effective trading conditions we provide and by success stories our traders share.
- If you are of the Islamic faith meaning you comply with Sharia law then this account is one of the best options on the market.
- LimeFx Forex margin calculator determines the margin size you must maintain in your trading account to support an open position.
What is the US Dollar?
You need to make a minimum deposit of $50 if you choose this method, and you can withdraw a minimum amount of $5. LimeFx mobile trading apps are useful for both advanced and beginner traders. You can download the MT4 and MT5 on iOS and Android mobile trading apps directly from Apple Store or Google Play.
To maximise your profits, learn about trading sessions and adjust your orders accordingly. Use trading bots for market analysis and risk management without any limitations. Test your bot on a free demo account, adjust it to your investment goals, and then put it into action.
MetaTrader 5 is available as a web platform that’s compatible with Windows, Linux, and Mac OS. MT5 can also be accessed from a smartphone or tablet, whether it has an iOS or Android operating system. Trade anytime and anywhere, and have access to trading information 24 hours a day, even while you’re traveling or on vacation. It is super easy to download and install the terminal on any compatible device. The best time to trade specific Forex pairs depends on the active session.
LimeFxFX allows you to trade on one of three different trading platforms. MetaTrader 4 (MT4), MetaTrader 5 (MT5), and LimeFxTrader, an in-house white-label program. To make the demo account interesting, LimeFxFX has a demo contest for which you win prizes. Each month, up to $1000 in real prize money is available with $500 for the winner, $300 for the runner-up, and $100 for third place. There is one very interesting feature with both these accounts and it’s not something we have exactly seen before. LimeFxFX has no swaps – yes you read that right, none, zip, zero, zilch.
You can use the calculator to choose the optimal lot size as well. Before placing an order, compare your available equity to the required margin and select your order size accordingly. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit.
If you are still deciding which one to choose, try LimeFxTrader, a trader-oriented platform designed to help you earn. LimeFx Forex margin calculator determines the margin size you must maintain in your trading account to support an open position. You can also use it to calculate the pip value of a certain order or optimise your leverage. The calculator is an essential tool for every trader—it helps you prevent Stop Outs and manage your risks properly. Other than bank payments, the other options are wallets (Skrill & Neteller).
Read our in-depth reviews of forex and CFD brokers, and compare the best online brokers side-by-side. Learn about trading, forex, and CFDs from some of the most trusted voices in the industry. The big changes in MT5 are increased charting options, such as timeframes and lesser-known technical indicators.
Also, the stock CFDs are not available for trading with this account. LimeFx Group is regulated with Tier 2 regulator CySEC – Cyprus Securities and Exchange Commission. One of their entities is also registered in South Africa regulated under FSCA. But their SA entity is not approved as an ODP (their local entity have not applied for ODP licensing). Having traded since 1998, Justin is the CEO and Co-Founded CompareForexBrokers in 2004.
The globally recognized trading platforms like MetaTrader 5 and MetaTrader 4 are offered by LimeFx for trading through Web – Windows and Mac and Windows Desktop. You are offered a range of financial asset classes to select from by LimeFx. However, its offerings are limited in comparison with other standard Forex brokers in the market. The instruments offered by the broker include CFD trading in Shares, Forex, Indices, Commodities, and ETFs.
Every year we improve our conditions to make your trading journey easier. We are constantly improving our product to make your trading experience better. At 2.45 am ET, France’s business sentiment survey results are due. Also, producer prices and industrial inventories figures are due from Sweden. Technical analysis reveals a pivot point at $30.05, with immediate resistance at $30.97 and further resistance at $31.60 and $32.39.
We aim to help traders in South Africa find the best forex brokers. Step 6) Select the account type with which you want to start trading and also select leverage, base currency, etc. LimeFx offers traders a range of content for research through the Traders’ Tools section. Customer Support is offered through Live Chat and E-mail from Monday to Friday for 24 hours. This video course for beginners will guide you through the main aspects of Forex trading.