Majors are the best Forex pairs for novices, especially EURUSD, GBPUSD, and USDJPY. The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. The developer, LimeFxFX, indicated that the app’s privacy practices may include handling of data as described below. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. MetaTrader 5 scalping allows you to turn many small profit opportunities into a big one.

LimeFx FX TRADER – !!SCAM!!

There are many strategies that allow you to profit from currency price fluctuations, for example, scalping, martingale, hedging, news trading, and many others. Read our Trading Strategies article to find a detailed description of the most common strategies and choose the best one for you. LimeFx is an up-and-coming broker that has been in operation for nearly 10 years.

All 7 major pairs and 28 others

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. To close or manage a trade, you need to press and hold it in the list for a second. Then you’ll see the options Close Position or Modify Position. After you press the Close button, your trade will be closed, and your profit will be credited to your account balance.

Forex currency trading hours: when to trade

In the window that opens, you’ll need to choose the volume of your trade by entering a lot size. The order will be opened immediately after you tap on either the Sell or Buy button. You can use the LimeFxFX Trading App to enter the LimeFxTrader platform, or use MetaTrader 4 and MetaTrader 5 apps to trade on their respective platforms.

MetaTrader 5 for Android

Choose from 300+ trading instruments, including shares, commodities, and indices. After opening the trade you’ll be redirected to the Trade tab, where you can see your open orders. With this knowledge, we created our platform to help you make money through smart and well-controlled investments. Why there is no Credit card option for deposit while all other leading exchange has this option plus indians can only deposit 50k through netbanking in single transaction.

Download MetaTrader 4 on your phone

MetaTrader 5, or MT5, is a next-gen multi-asset trading platform that will replace MT4 in the very near future. Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing. Tap the currency pair and select the Chart option to open the Chart tab and inspect the chart.

  1. After you enter your country, phone number, and birthday, press ‘Continue’ and pick a trading account creation mode.
  2. Then, enter the trading platform and open your first order.
  3. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability.
  4. With LimeFxTrader, you can trade and manage all your accounts in a single web or mobile app.

Space is a unique live feed designed by LimeFx to get you fresh trading ideas right in the LimeFxTrader trading platform. Learn about the current trends for different pairs from the LimeFx experts and open orders on the same screen to save time and effort. We strive to offer the best trading conditions on the market to make trading easier and more scammed by limefx profitable for our traders. Market volatility presents several attractive profit-making opportunities when you use Forex robots, as they provide greater accuracy and speed in trading. EAs are programmed to monitor fluctuations in various currencies and automatically enter and exit market orders with trading logic used in the trading system.

Its growth has enabled LimeFx to continue to expand its products and services. Adding additional regulatory licenses in Tier-1 jurisdictions would be a step toward winning more client trust. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LimeFx’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers.

Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Founded in 2011, LimeFx (formerly LimeFxFX) is part of a group of global entities, which include LimeFx Markets LTD (based in the island of Mwali) and LimeFx Markets Cyprus Ltd (based in Cyprus). LimeFx also provides financial services through its intermediary, Orinoco Capital (based in South Africa). LimeFx’s market research is well organized and varied in its content. Rather than specializing in any one field, LimeFx provides a wide assortment of content types. However, when compared to research leaders IG, Saxo, and CMC Markets, LimeFx has room to enhance its research offering.

I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. The best time to trade specific Forex pairs depends on the active session. To maximise your profits, learn about trading sessions and adjust your orders accordingly. For example, by choosing one of nine different timeframes (including one minute, five minutes, one hour, daily, weekly, monthly, and more). You can also add graphical objects to the charts, such as shapes (rectangle, triangle, ellipse), arrows, and text. Forex robots are ideal helpers when you need to evolve your scalping techniques and stop making manual decisions.

All traders must go through a period of trial and error to become pros. We aim to make that period more accessible for you with our free Forex trading lessons. Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. MetaTrader 4 is available as a web platform compatible with Windows, Linux, and macOS.

You can open trades from this tab by tapping the Trade button. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. Minimum deposits at LimeFx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFx entity you choose for establishing your trading account.

The best of both worlds, it offers a modern interface that’s easy to learn and tinker with, along with a complete selection of instruments. With LimeFxTrader, you can trade and manage all your accounts in a single web or mobile app. The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements. These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels.

MetaTrader 5 for Android lets you trade whenever and wherever you like. To trade Forex on the go, first you need to download the mobile application. Once you register, you’ll receive an email with your profile and trading account credentials.

Founded in 2011, LimeFx holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LimeFx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). LimeFx offers barely 230 tradeable instruments, which varies by platform, with the most on its MT5 offering.

Only the traders themselves could give us a better insight into their preferences. Over two years of research and development, we have interviewed traders worldwide, discussing the platform’s usability. We’ll pass your suggestions to the relevant https://limefx.group/ department so that they can consider them and enhance your experience with us. If you have any other ideas on improving our app, feel free to share them with our team at Steven Hatzakis is the Global Director of Research for ForexBrokers.com.

There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. LimeFx does have a proprietary app for social copy trading (the LimeFx Copytrading app), yet it still trails behind industry leaders such as IG and Saxo. Check out my picks for the best mobile trading apps in the industry. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform. On desktop, simply right-click on the list of symbols and select the Show All option. On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list.

After you enter your country, phone number, and birthday, press ‘Continue’ and pick a trading account creation mode. ‘Standard’ mode allows you to create an account with a single click, while the Custom one lets you pick between an LimeFxFX Demo and Real accounts, choose a trading platform and leverage. By default, it will be a Real MetaTrader 5 account with maximum leverage. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.

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