Adresimiz: Muhammed Safitürk Blv. Bent Sitesi B Blok No:124 Batıkent / Ankara

All trading strategies and/or EAs are allowed for trading with the contest account. The contest accounts owned by one Participant are assigned ascending numbers in the ratings. Participant_Name (1), Participant_Name (2), etc., in the chronological order of their joining the Contest. A person (hereinafter—‘Participant’) must have an LimeFxFX real account to take part in the contest.

  • During our own testing, we found the average ‘first response’ time to be greater than the seven seconds claimed on the firm’s site.
  • They constantly roll out contests and giveaways on regular basis to reward the clients.
  • LimeFxFX is regulated by one Tier-2 financial regulator which is less trusted than other comparable brokers.
  • They do not charge a commission when trading through this type of account.
  • The availability of these payment methods may also depend on your country of residence.

LimeFxFX withdrawal request can be submitted via the client panel. You will see full payment option based on your region while submitting the withdrawal request. We like the fact that they have operators offering support in the local language too. We compiled a summary of the trading fees and non-trading fees on LimeFxFX. Read this review to know more about the trading conditions at LimeFxFX.

Upgrading to a live account requires a bit more leg-work but is by no means arduous. Payment options include VISA, AWEpay, bitcoin, FasaPay, local bank deposits, local bank transfers, Neteller, Paytm, Skrill, UnionPay. The real account that complies with the requirements (hereinafter—‘Contest Account’) is deemed to be participating in the Contest and is being rated from the moment it is checked in for the Contest. However, when it comes to Forex trading itself, it’s extremely important to acquire sufficient knowledge of the financial markets and use risk management techniques when trading. Without that, you are facing great risks of losing your money with any broker you choose to trade with. So ensure you are fully prepared before depositing your funds and starting investing or trading in the financial domain.

The Pro MT5 account type offers the widest range of instruments to trade while the ECN cTrader account offers the least number of options. LimeFxFX offers a variety of deposit and withdrawal methods for traders in Malaysia. It is also worth mentioning that LimeFxFX also maintains other security procedures to enhance the safety of traders. These practices include segregation of funds, anti-money laundering policies, and negative balance protection. The trading platform is where traders will spend most of their time trading forex and CFDs online. It is important to comprehend the available features and terminologies available at a trading platform to make better trading decisions.

Forextraders’ Broker of the Month

For Example, for MT4, the spread starts at 0.6 pips (EUR/USD), and its average spread is 0.7 pips which are tighter in comparison to the competitors. For MetaTrader 5, the spreads also start at 0.6 pips and offer an average spread of 0.7 pips on the EUR/USD. Also, the good thing is that it has no extra commission charges.

  • The support services are good through live chat but local phone support is not available in Malaysia.
  • It ticks many boxes for traders, who can access it through the live chat, email, phone, or by using an enquiry form.
  • Electronic access and communication is also protected by a ‘SSL-secured Personal Area’, which has 128-bit encryption, and makes your browsing safe and your data inaccessible to any third parties.
  • They offer forex trading and CFDs on indices, cryptos, metals, and energies through MT4 and MT5 platforms.
  • The minimum deposit at LimeFxFX Malaysia is $100 with their Micro Metatrader 4 Account.

Video content is also provided and covers a variety of topics. The videos are supported on YouTube, and much of the content is archived. LimeFx gives high priority to the ‘Analysis and Education’ section of its site. The ‘Forex Basics/Technical Analysis’ library, for example, contains a step-by-step guide to support traders that are getting into trading. This guide ranges from a glossary of the basics to videos on the important question of which time frame to adopt.

(LimeFxFX) LimeFx Review

Evidently, LimeFxFX has stopped working with all of those celebrities, as there haven’t been any new promotional activities with them for quite a long time now. As for now, no new Malaysian influencers are working with the broker. It is unclear if it’s illegal for LimeFxFX to work with them only because it is limefx included in the alert lists. LimeFx accounts are available in Islamic format for clients of Muslim faith. These accounts neither pay, nor receive interest, on positions held open overnight. Trade without restrictions with, an international broker headquartered in St. Vincent & The Grenadines.

The Meta Trader 4

LimeFxFX has over 50 different payment options, such as Visa, Neteller, Fasapay and Bitcoin, and a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. One of these branches is regulated by a central authority, and some random local authority regulates the other one. Thus, it creates confusion in the mind as to whether the firm is regulated or not.

Is LimeFxFX a genuine broker or not?

The leverage that is offered depends on the type of account and the type of instrument that is being traded. Because LimeFxFX provides market execution, there is a high likelihood that your orders might be opened or closed at a price different from your requested price. Unlike some brokers who strive to get the next best price for you in this situation, LimeFxFX deems this slippage natural and will not bear any responsibility for it. This is because the price deviation (opening/closing) is due to the available liquidity. CopyTrading on LimeFxFX is a feature that is designed for traders that do not want to trade on their own and would rather copy the trades of other traders, known as Master Traders.

Contest prizes and the procedure for determining the winners

Webinar attendees also get access to a private Telegram channel. If you are new to trading, this could be an opportunity to learn from professional traders. The customer support of LimeFxFX is available 24/7 via live chat and email, they respond quickly, and their answers were satisfactory. After every chat and email, the system sends a feedback form, for users to rate the support received with a thumbs-up or thumbs-down, and a space for comments which is optional.

What is the minimum deposit for LimeFxFX?

The winners are determined by the overall rank they occupy at the moment specified on the contest page under ‘Next drop in the world/India/Indonesia/Malaysia’. The prizes are presented to the Participants who got the highest ratings across all categories (gain, profit factor, traded volume) in their region. The availability of instruments depends on the type of account that is being used.

LimeFx is so confident about its pricing that there is a section of its homepage dedicated to sharing the live spread on some major forex pairs. Even a quick glance establishes why the firm is so willing to share. LimeFx is a global broker, who offers a new take on certain aspects of the retail brokerage space. Founded in 2011, the firm is headquartered at Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, Saint Vincent and the Grenadines.

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