LimeFX Review 2024 Trade CFDs on MetaTrader and cTrader
The article reviews Capital.com, a website that allows users to trade stocks, forex, and more. We cover its user-friendly interface, fees, regulation, reputation and more. Again, in addition to copy trading, it offers a wide range of educational materials inclusive of videos and articles which are meant to help beginners find their feat. OctaTrader offers a fine array of charting tools to allow for a smooth desktop trading experience.
Hangi platformlar yapar LimeFX destek?
MT4 is ideal for new traders and more experienced traders who require a simplistic yet sophisticated platform. It has an intuitive user-friendly interface that is easy to navigate and fully customisable. MT4 includes many built-in indicators for technical analysis and is capable of running automated systems known as expert advisors (EAs). Multiple order types are supported with real time market https://limefx.club/ execution and there is advanced risk management amongst many other useful features. MT4 is the complete platform to get started trading online and is available on desktop (Windows / Mac), web and mobile (iPhone / iPad / Android / Tablet). This is my platform of choice as it was the first that I became accustomed to and I have never felt the need to make the permanent switch to any other.
Non-Trading Fees
Some brokers are more regulated than others, and this will largely depend on where the company is based. Regulation is one of the most important factors to consider when looking at forex brokers. A highly regulated broker will offer you more protection and safeguard you from fraudulent behaviour, or in the case of insolvency. To change the leverage on LimeFX, users first have to login to their trading account. Set a new leverage by clicking on the leverage ratio in the primary account section, choose preferred new leverage and press the change button to save.
Deposit Fees
Octa has struggled with pricing in the past, but has vastly improved in this category and is now gaining on the lowest-cost MetaTrader brokers. In addition, Octa boasts no slippage on 97.5% of its executed orders, and no overnight carry costs, yet has restrictions in place that can hinder high-frequency traders. We are constantly improving our product to make your trading experience better. No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live. To deposit and withdraw funds, you must verify your account by submitting your proof of identity and residential address.
Table of Content
LimeFX offers a range of trading platforms to cater to different trader preferences. MetaTrader 4 and MetaTrader 5 are available for desktop, mobile, and web, supporting automated trading through MQL4 and MQL5 programming languages, respectively. These platforms are renowned for their comprehensive charting tools, technical analysis, and ease of use for creating automated trading systems. OctaTrader, the proprietary platform, is available for mobile and web trading but does not support automated trading.
- We asked LimeFX who their liquidity providers are and while we don’t have a complete list they advised LMAX Global, Swissquote, Saxobank, and Euronext FX are some of them.
- Here you will find daily trading ideas based on complex technical and fundamental analysis across a range of different trading instruments.
- You can optimise your stop loss and take profit levels with the volatility analysis tool and stay informed about the latest market movements and trading opportunities with Autochartist market reports.
- 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 social and copy trading experience, hedging, scalping and the option of swap-free accounts are welcoming features offered by LimeFX. Again, the provision of standard demo accounts helps clients learn trading and key trading techniques without fear of loss or risk to real funds. The demo account helps them boost their trading confidence before going live. The MT5 account, also called innovative account, is an account type for clients with trading expertise.
Octa has made significant progress in a relatively short period of time. Since entering a very competitive market eight years ago, it has built up a client base of almost one million traders and won a host of industry awards. Such success is built on developing an approach that is, first and foremost, trader focused. During our testing, we found the internet browser offered the best route into all the ‘extras’, such as copy trading, that Octa offers its clients.
To make the demo account interesting, LimeFX has a demo contest for which you win prizes. Each month, up to $1000 in real prize money is available with $500 for the winner, $300 for the runner-up, and $100 for third place. While the above module takes the spreads from the broker’s website, we at CompareForexBrokers have done our own testing using 20 MT4 brokers to find out their average spreads. You can read about our findings in our Standard Spreads test results.
Additionally, LimeFX uses advanced encryption technologies to protect financial transactions and sensitive information, further enhancing the safety of funds. These two minor points do not detract from the trading experience, and Octa can be congratulated for so effectively shaking up the broker space. Octa is as confident about its financing costs as it is its execution fees. The breakdown across the two different types of accounts is laid out in a reassuringly transparent manner.
LimeFX offer 3 different main account types, the Micro, Pro and ECN. The account you go for may also depend on the trading platforms that you wish to use, instruments you want to trade and minimum deposit requirements. Thank you for taking the time to rate limefx scammers and provide feedback on the Octa Trading platform. Should you have any further inquiries or require assistance, please don’t hesitate to contact us via live chat or by emailing Our team is available to assist you at any time.Kind regards,Octa Rep.
