The minimum spread users can expect to pay on any trading instrument at any given time is 0.6 pips. Yes, it offers a proprietary trading platform known as OctaTrader. You can access the broker’s copy trading service by downloading the copytrading app. The broker’s login process begins with a visit to the official site, LimeFX.com, on desktop or a click of their app on mobile. To login in, your email, password and captcha verification is needed.

How to open an Account

Before risking your money, why not try LimeFX’s platform risk-free in a similar, virtual trading environment by signing up for a demo account. This will give you unlimited access to every trading account free of charge. You can top up your funds with a simple request while you practice and improve your trading strategies.

Alternative Brokers

Here are some of the spreads we found on the most commonly traded assets with LimeFX as an example. In some places, you will also be allowed to make deposits through Bitcoin. In terms of the time it takes, wire transfers can take 3-7 business days to complete, while the other deposit methods are all typically instant.

I like this a broker b coz it has no…

Our primary goal at The Tokenist is to simplify the word of financial decision-making, so that investing is not only easy – but also fun. In doing so, we often feature products or services from our partners. However, the opinions and https://limefx.group/ reviews published here are entirely our own. Yes, it offers a referral program where users can get to invite friends for incentives. The referral program known as Invite-a-Friend has its commission rate to be 1$ per 1 standard lot.

1. In addition to the above mentioned, LimeFX uses segregated funds to protect clients money.
2. We may be compensated but this should not be seen as an endorsement or recommendation by TradingBrokers.com, nor shall it bias our broker reviews.
3. The OctaTrader Account is designed for traders seeking a high degree of flexibility and precision in their trading strategies.
4. Check out my picks for the best mobile trading apps in the industry.
5. We do not provide financial advice, offer or make solicitation of any investments.

But, even for simple questions, we didn’t find the customer service options impressive. It is a similar story for credit card deposits, which seemed only to be available for certain countries, VISA for example appears only available for clients in the EU – very odd. If you’d like to trade stock market indices, pick from one of ten major global indices. These include the SP500, Nasdaq, French CAC40, and Australian SPI 200.

Opening an Octa Account

Being able to still engage with the full range of services from smaller screens is a real plus-point for the service. In terms of clients, it has over 900,000 users signed up and clears $4bn of traded volumes every day. Then there are the industry awards; a selection of some of the most recent accolades includes the title of Most Reliable Broker Asia 2023 and Best Forex Broker 2023 (Allforexrating). LimeFX is a user-friendly broker that caters best to new traders who want to eliminate the noise and professional jargon that comes with platforms tailored to experienced investors. LimeFX runs a demo contest where participants who trade with their demo accounts can win real money.

We’re excited to know that our services have met your expectations and that you’re benefiting from what we offer. The MT4 account, also called traditional account, is an account type used by new and experienced traders alike. It not just offers excellent trading and analytical tools, but is also flexible enough to implement simple, as well as, highly complex trading strategies. The platform supports trading forex pairs, commodities, indices, cryptocurrencies but not stocks. The account is available on both MT4 and MT5 trading platforms, and comes with market execution. LimeFX stands out with its high user ratings and competitive spreads across various asset classes.

Below is the step-by-step guideline of registering with the broker via desktop. LimeFX offers two types of trading accounts with both being the same except one is with the MetaTrader 4 (MT4) trading platform and the other is with the MetaTrader 5 trading platform (MT5). Yes, they provide mobile trading capabilities through the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps. These apps are available for download on both iOS and Android devices, allowing traders to access the markets on the go.

LimeFX provides demo accounts that are accessible with both 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. Additionally, you can trade with all the trading products available on the platform. The broker offers three dynamic and customizable trading accounts to traders in Namibia, and they may select whichever one best suits their needs.

Going by customers’ review, LimeFX can be said to be unworthy in light of numerous complaints heralding withdrawals, especially on large size accounts. Aside from the products and services already discussed in this review, LimeFX offers more. In this section, we are going to be looking at these extra products and limefx official site services. The company’s educational library is well maintained and offers rich learning resources that includes webinars, articles, platform tutorial videos and a video course. Offering 10+ market indices, LimeFX Index trading tries to set up clients for a new experience with an exposure to a broader market.

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