The 24/7 availability of a live chat window is a major advantage but the absence of local phone support is a limitation of choosing LimeFxFX in Malaysia. A decent number of financial instruments are available to trade at LimeFxFX in Malaysia. Clients must note that all the available financial instruments at LimeFxFX are traded in the form of a Contract for Deposit (CFD).
All trades opened prior to a new prize drop arrival are considered opened at the first applicable price after the new prize drop start. And all trades remaining open at the moment when the prize drop arrives are considered closed at the last price available. We are a forex broker comparison & education website for traders in Malaysia. The customer support offered through live chat is quick and helpful, and also available in the local language.
You start the contest with the minimum deposit of 50 USD (or 50 EUR, depending on your account currency). If the company reasonably suspects two profiles or more to be managed by one person, all trading accounts opened under these profiles will be banned from the contest. LimeFx won’t charge you when you make a deposit or a withdrawal. It will even go further and cover third-party deposit and withdrawal fees (such as that charged by Skrill, Neteller or others).
The MT4 account type is more ideal for habitual traders who prefer to trade with MetaTrader 4 trading platform. LimeFxFX, a renowned online trading service provider, has earned multiple industry accolades for its exceptional platforms and services since its establishment in 2011. Catering to a diverse clientele, LimeFxFX offers various trading options with low initial deposits. It operates as an umbrella brand for two separate broker entities.
There are no additional deposit and withdrawal fees on the LimeFxFX broker. This financial service provider offers limited resources and tools for traders and investors. The problem with the daily forecast of the financial market insight is that they are outdated.
LimeFxFX Trading Platforms
You should go through the list of Masters to check their trading history and performance, and then choose the one you prefer. Keep in mind that different Master Traders have different settings so you might have to adjust your balance accordingly. The copier does not need to copy the trades manually, it happens automatically. The Copier can choose to copy the Master Traders trade in equal volume or 2 times the volume of the trade or even three times.
- Following are the steps included in the opening live trading account at LimeFxFX.
- The number of markets is also different across the platforms, but none of them offers a range of instruments that could in any way be called excessive.
- The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner.
- With less than 100 instruments on offer, there is no space for the more complex instruments such as options found in the quieter corners of the financial markets.
- The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world.
Traders can withdraw the LimeFxFX bonus after they meet a trade volume requirement of half the bonus amount in lots. On LimeFxFX’s website, you can find their execution policy under their ‘customer agreement’ section. Here is a summary of how the forex broker handles your orders. The next step is to select a Master Trader whose trade you want to copy from the ranking list.
You are unable to access tradersunion.com
The number of commodity instruments available for trading with the broker is extremely less in comparison to other advanced brokerage firms such as HFTrading, T1mrkets, and Global Trade ATF. Moreover, the broker does not allow trading on the most common and widely traded market, that is, the stock market. While analysing the users’ withdrawal experience, we found out that the broker has an overall satisfactory withdrawal procedure which might take around 2 working days. However, some cases of late withdrawals have also been witnessed by the traders.
LimeFxFX offers a variety of bonus offerings for Malaysian clients. They constantly roll out contests and giveaways on regular basis to reward the clients. Live chat support is a resourceful method to connect with executives and resolve queries.
You can only add money to a real account
The firm has a strong foothold in the Asian market through its offering an outstanding trade execution service that appeals to traders from all corners of the world. Your funds will be held in segregated accounts, and you’ll also enjoy negative balance protection, no matter which entity you open an account with it. Negative balance protection means that LimeFx will re-set your balance to zero, should it ever become negative.
Forextraders’ Broker of the Month
The official website and application of LimeFxFX are also available in Malay language. The broker’s account opening process is time-consuming, and the document authentication process takes much time compared to other brokerage firms. At LimeFx, it’s not what you trade but how you trade it that limefx official site matters. The firm looks set to continue to meet that challenge and provide its clients with a top-quality trading experience. Platform choice ultimately comes down to personal preference, but LimeFx has signalled its intent by offering its clients the choice of two market-leading platforms.
The web trading platform at LimeFxFX can be accessed through the official LimeFxFX website. It has a one-step login and can be linked with online tools and plugins. https://limefx.club/ LimeFxFX was launched in 2011 and accepts clients from various countries of the world. Although, they only have CySEC and FSASVG regulatory licenses.
The central authority regulates some of its branches, whereas others are by some random and local authorities. If you are a novice, you will face huge problems as the courses and articles contain somewhat tough language. So the firm is not ideal if you are looking for a broker who provides you with the best and most readable trading material. During our own testing, we found the average ‘first response’ time to be greater than the seven seconds claimed on the firm’s site. In fact, in only a handful of instances did the response time beat the seven second figure. In over 96% of cases, our queries were processed to the point of satisfaction on the first interaction.
If you have an interest in programming, you could write and run your own trading robots inside MetaTrader. Otherwise, you may download trading robots, paid and free, from the MetaTrader Market. However, LimeFxFX has a good track record and is used by users across many countries.
After completing the first step, a mail will be sent to your registered email address. This mail will have the link to advance in the account opening process. LimeFxFX is a regulated forex broker under the Laws of Saint Lucia, and Indians can trade on the broker, but it is not listed under the Reserve Bank of India.