They offer weekly market overviews, real-time market coverage when breaking news hits, trade ideas and tips, strategies and fundamental market insights appreciated by beginner and advanced traders alike. MetaTrader 4 is the globally preferred trading platform used by traders worldwide. With Eightcap, you can download desktop versions that are compatible with Android and iOS. Trialling the platform with the demo account should be an important aspect of your assessment on the broker, regardless if you’re new to financial trading or if you’re a well-seasoned professional.

Eightcap has five global offices and provides services in nine languages. For all you F1 fanatics, Eightcap is a proud partner of Scuderia Ferrari. It’s an award winning service when it comes to Forex trading, and offers the ability to trade a decent number of cryptocurrencies, although at very limited leverage.

Investing involves risk including the possible loss of principal. However, is not the cheapest option – despite having no account fees and no withdrawal or deposit fees, the trading costs built into the spread are much more expensive than other options. While it does not offer basic step-by-step tutorials of how to trade, it provides education that is valuable for intermediate and even experienced traders. The level of regulation that has in so many jurisdictions makes it attractive for traders and investors who want to be sure that their money is as safe as it can be. Marketsx is a specialist trading platform that offers fast trading and useful tools, including an advanced charting package.

Which broker offers more trading platforms?

Please visit the LimeFX cashback program web page for more information. LimeFX’ overall cost of trading and spreads are in line with other brokers. Still, the ECN account trading commissions are slightly more competitive, when compared with the ECN pricing from other brokers. The starting spread for the most popular cross, the EUR/USD pair, on the ECN account is 0.0 pip, variable, with a medium of 0.2 pip, plus a below industry average trading commission of $5 per round lot traded . Established in 2007, and with head office in the nation island of Saint Vincent & The Grenadines, LimeFX simplifies its accounts offering with 3 account types, with a highlight on the ECN account.

LimeFX offers 24-hour support from Monday to Friday via telephone, email, or chat services such as WhatsApp and Telegram. Support is provided in over 12 countries including the UK, Armenia, Russia, Thailand and Nigeria. I have been trading with this company for the second year, I am still learning, so I do not risk large sums. I like the number of services and the choice of products, it is really very wide. I was a broker for the first time, I helped with trading, then, of course, there was order with profit.

Please visit the LimeFX trade demo, earn real cash promotion web page for more information. With a LimeFX demo account traders can test how this broker compares against its peers for its trading conditions and the available range of markets. A LimeFX demo account is also the best way for novice traders to practise their trading skills in a safe environment, without risking real money. LimeFX review with expert ratings, regulations, asset classes, spreads & fees, leverage, trading platforms, feedback from verified customers and more. If you already trade, have sound knowledge and solid trading experience, then you would undoubtedly want to test Eightcap’s platform and services prior to opening a live account.

The ECN account type requires a slightly larger deposit, lowers the cap on the maximum leverage offer, provides floating spreads from 0 pips, and charges commission fees. The ECN account is also excluded from participating in several bonus opportunities. Below, you can take a look at the conditions for each account type. Enables clients to earn real money when trading on a demo account. It’s an excellent offer for those who are ready to switch from a demo to a live account. A client simply needs to make a profit on a demo account and then transfer it to his live trading account.

Providing brokerage services in Latin America, Asia and CIS, LimeFX focuses on offering high-quality services and comprehensive support to its clients and partners. What is more, LimeFX’ execution quality is confirmed by Verify My Trade and complies with best execution standards. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. Spreads are highly variable and depend on the trading account utilised.

We decided to test out the company’s LiveChat feature late at night since they boast about providing superior customer service. Initially, the broker showed us that agents were online, but mentioned they were taking a while to respond and asked if we would like to play a game. A mini-game then popped up within the chat window and entertained us for about 30 seconds before an agent swiftly responded with an answer to our question. On another note, our second experience was not as rewarding due to the fact that the support agent would not directly answer our question about maximum trade sizes. The LimeFX Sentiment Indicator shows the buyer-seller ratio in the market for each trading instrument. According to statistics, when the share of either of the participants rises above the 70% mark, it signals that the asset is overbought or oversold.

Customer Support

The regulators are quite authoritative and the presence of the offices in several countries clearly shows that the company is not afraid to meet its clients face to face. We especially recommend to consider this broker for safe and successful trading on world markets. It is possible to add an automatic Expert Advisor EAS. MultiTerminal version is available for professionals with several accounts under management. The minimum deposit to open an account is $250, and payments can be made via credit/debit card, bank transfer, PayPal, Skrill and Neteller. The amount you deposit into your account will determine how much the broker will authorize as a bonus. You can increase your Bonus by depositing more, but do remember that terms and conditions apply, and you will need to meet a minimum trading volume in the first two weeks to qualify.

If you select to trade with the Standard account, then you will pay just the spread on each trade. The Raw account type offers lower spreads, but there is a $3.5 commission per lot traded. Remember to trade with funds that you can afford to lose and not to “bite off more than you can chew” – Not only will you incur profits in Forex trading, but also losses.

The mobile versions of MT4 and MT5 integrate most of the features and functionalities that are available on the desktop version, some of which include the news feed and economic calendar. Since MT5 is a more advanced version than MT4, the mobile version limefx of MT5 is superior to that of MT4. China Union Pay is an option for Chinese clients that pay in RMB. Eightcap has an easy and simple account opening procedure, which is similar in setup and structure to the majority of regulated Forex brokers.

However, for international transfers, this may take as long as 7 business days. Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector. The trading platforms provided by LimeFX are MT4, MT5, cTrader, and LimeFX Edge. LimeFX offers 200+ tradable instruments, including 60+ forex pairs. IG clients will have access to spreads starting from 0.6 pips on forex.

What can I do with

LimeFX Ltd, trading as LimeFX, is the counterparty for international customers and is supervised by Saint Vincent & The Grenadines Financial Services Authority . Traders can access both the MT4 and MT5 mobile apps with LimeFX, which are available for iPhone/iPad and Android devices. I like how the LimeFX website is designed, the personal account is very convenient. Forex scam brokers are not always represented by brokers, and they are most likely to be individual players without companies, but who position themselves as broker companies.

LimeFX broker reviews

In order to be sure that LimeFX is not a scam, read our trader reviews and check other popular trading related websites and forums. LimeFX clients can use a demo login to practice trading risk-free on both the MetaTrader 4 and MetaTrader 5 platforms. It is common for forex and CFD brokers to offer special promotions to encourage investors to register and trade on their platform. In terms of educational content, LimeFX operates a blog with posts covering useful topics for beginners, such as finding a trading strategy, an introduction to CFDs and how to conduct fundamental analysis.

In addition, the quality of order execution at LimeFX is audited and assessed monthly by an independent service, Verify My Trade . Eightcap has a simple and transparent offering and proposes a qualitative and smooth trading experience particularly for beginners and intermediate traders. Eightcap has a reasonably sized market analysis section and basic qualitative training courses, which are available – free of charge – for all their clients. However, in comparison to other brokers competing within the industry, Eightcap has a lot to improve upon. It’s always important to make an informed decision when selecting which broker and which account type to choose from. Be sure you’re comfortable with your finances and of your time commitment towards trading when considering these two accounts, as one is more suited towards higher trading volumes than the other.

First of all, LimeFX partners receive up to 60% of the company’s revenue received from the attracted clients’ trading turnover. Today, Africa demonstrates encouraging market and economic developments. It’s an extremely promising region that draws the attention of many international companies. Receiving these high-level awards is a confirmation of our business success.

The reliability and transparency of the company is controlled by several regulators, such as CySEC in Cyprus, which issues permits all exchange operations. The company holds a license MIFID, a kind of anti-monopoly service, which monitors that the conditions of exchange trading are the same for all players. Professional account — the initial amount, with which it is possible to open such an account — $50, which is not a big sum, but the conditions are much better than in the previous tariff. Here it is possible to open the deal with the volume from 0.01, and there are no account maintenance fees. The company was established about 10 years ago in Vanuatu and is an offshore broker. It is managed by Nfx Capital Vanuatu Inc which has its own affiliate companies including the company located and regulated in India.

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Free demo accounts are available for 30 days to any potential or existing clients. Demo accounts can be an excellent source for practice, while also providing traders with the ability to test different account types, test market strategies, try out different leverages, and more. According to the broker, all quotes are exactly limefx forex brokers reviews the same and as on live accounts and orders are placed and executed in real market conditions. The only difference would be the fact that virtual funds are used on demo accounts. To open a demo account, you’ll need to click on “Free Demo” from the upper left corner of the website and then fill out a short registration form.

As LimeFX review shows, many brokers and traders leave satisfied comments from all over the world. Trustpilot source gives 4.7 excellent mark for LimeFX company that underlined the vote of customers confidence. LimeFX is regulated, governed, and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers’ behavior, and if things go wrong, they will take necessary action.

Yes, LimeFX do offer Islamic accounts, for clients who profess the religion of Islam and seek to comply with Sharia law. LimeFX offers a tailored solution, an Islamic account (swap-free), without swap charges and additional fees. Other trading conditions for Islamic accounts are similar to those for Fixed, Standard and ECN accounts. A welcome bonus that allows new clients to get a 100% credit bonus on their initial deposit, so they have twice as much money to get started. Please visit the LimeFX double your trading deposit bonus web page for more information.

Spreads and trading commissions offers two basic trading platforms; the MetaTrader , and a proprietary web-based platform dubbed Markets WebTrader. The Markets WebTrader is ideal if you are looking to get into the market right away without the need for further downloads or installations. The MT4 or MT5, on the other hand, caters to more experienced users who might have used MetaTrader previously. TradingBeasts helps individual traders learn how to trade forex, cryptocurrencies and other assets as CFDs. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.

There are separate mobile versions of the MetaTrader platform available, which enable you to trade on-the-go, and to check your account whenever and wherever you are. Eightcap has competitive spreads for the selection of cryptocurrencies they offer. Spreads on both accounts start from 30 pips for Bitcoin, 0 pips for Ripple and 4 pips for Ethereum. As mentioned previously, the amount of markets to trade upon is limited to the most commonly found across multiple brokers. Although limiting, the amount offered is still desirable by many traders.

Usually, the account approval process can take a few business days to complete. Eightcap is an international broker that provides services globally, with the exception of jurisdictions that forbid trading services. charges are minimal relative to most Forex exchange brokers in the trading industry.

Sometimes, this is better than reinventing something that has been working for a long time, and very successfully. A trader can both analyze and open transactions at the touch of a button on his computer or smartphone . In order to make a more accurate prediction, we advise to use several built-in timeframes. So you can determine the direction of the trend and close the deal in your favorable direction. It is allowed to use different strategies on the basis of this terminal, it is equally convenient for currency trading and operations with precious metals and cryptocurrencies.

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