Opening a MetaTrader 4 Demo Account is the best way for a new trader to check out the platform, get familiar with the tools and learn trading techniques. The account works like a live account, except that it allows you to trade with virtual money rather than real money. Once limefx website you feel confident with trading, you can migrate to MetaTrader 5 to get access to even more features. 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).
Copy trading service launched
LimeFxFX has a handy economic calendar so you know when possibly market-moving events are scheduled to come out and can plan your trading accordingly. Developed using programming language MQL5, MetaTrader 5 allows Black Box Programming, which makes it a viable choice for developers and users of trading robots. Trading robots are applications used for trade account management. They analyse quotes from financial instruments allowing traders to execute the most profitable trades. Thousands of these indicators can be downloaded for free on the MQL5 code base.
Trade and Win program launched
Dan Blystone began his career in the trading industry in 1998 on the floor of the Chicago Mercantile Exchange. Later Dan gained insight into the forex industry during his time as a Series 3 licenced futures and forex broker. He also traded at a couple of different prop trading firms in Chicago.
MetaTrader 5 Web platform
Test your bot on a free demo account, adjust it to your investment goals, and then put it into action. 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 https://limefx.vip/ screen to save time and effort. This is in addition to the provision of abundant learning resources plus market information supporting traders in their efforts to advance their capabilities. The trading of financial instruments involves a high level of risk which may not be suitable for all traders.
Free Forex demo trading account
- South African traders signing up with LimeFx are registered under FSCA regulation.
- We found the trading platforms offered by LimeFxFX to be sufficient.
- You can open an LimeFx Micro Account with a minimum deposit of $25.
- All indicators come with release time, priority, and previous values.
The MT4 platform has ultra-intuitive charting options and all the most common technical indicators. It’s very simple to enter buy and sell orders, as well as set stop-losses, you can even use Expert Advisors (EAs) for automated trading. The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers. But, it must be said that depositing funds and holding your capital with LimeFxFX is definitely a higher risk than trading with other, more regulated brokers. If you are not of Islamic faith, having no swaps can work for or even against you.
Does LimeFx offer a demo account?
The LimeFx Demo account does not expire and is available without limit. LimeFx can be summarised as a trustworthy broker that provides Contracts for Difference (CFDs) and low spreads on 300 trading instruments. The education section on the LimeFx website is well thought out, clearly presented, and made for different levels of traders – beginners, intermediate, and experienced. Material includes live trading sessions, workshops, and trading strategy-themed presentations. Daily and weekly forecasts in the Market Insights section preview the key economic data ahead and highlight the major market movers. The reports cover significant support and resistance levels and technical signals from indicators such as MACD and Parabolic SAR.
You can open an LimeFx Micro Account with a minimum deposit of $25. The instruments offered by the broker include CFD trading in Shares, Forex, Indices, Commodities, and ETFs. The exact spreads at LimeFx are variable based on the account type you choose with them. Both the accounts have low spreads & no extra commissions per lot.
Dan is well-equipped to recommend the best forex brokers due to his extensive experience and understanding of the brokerage industry. LimeFxFX demo accounts are available with MT4 and MT5 and have no time restriction on the trial period. With this in mind, the demo accounts are effectively a practice account. You can use all features including all the trading products available for trade and Expert Advisors for automation. Currency trading is buying and selling currency pairs for profit. To trade in currency as a private investor, you need a reliable Forex broker.
The research section also includes specific trading ideas, target prices, and key price levels to watch. One of the reasons that traders are attracted to the forex and CFD markets is the high degree of available leverage. Leverage is the use of borrowed funds to increase the size of your trading positions beyond what would be possible using only the cash in your account. LimeFx offers a variety of trading instruments, including CFDs on all the major asset classes— forex, commodities, indices, shares, and cryptocurrencies.
We found Forex Broker LimeFxFX most interesting feature to be that they have no swaps. Other features include MT4 and MT5 trading platforms and commission-free spreads from 0.8 pips. We’re helping traders build stronger futures by offering a wide variety of educational articles and videos, insights from which can be applied to our unlimited demo accounts. By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit.