To supplement these performance statistics, LimeFX lets traders connect with a Strategy Manager to copy their trades via FXTM Invest. To assist with the decision, LimeFX displays the live rankings for top performers, with all the data verified by PwC. The slippage graph shows that most FXTM clients get to take advantage of positive slippage while enjoying reduced negative slippage. In 2018, positive slippage got as high as 85.82 percent in March. Negative slippage got as low as 14.18 percent in the same month. FXTM shares its performance statistics on its website to deliver transparency and show potential clients what they can expect from the broker.
- As an example, Credit Cards withdrawal features a $3 fee, while Bank Transfer will cost $30, and WebMoney will charge 2% above the requested amount.
- FXTM is a global MT4/MT5 forex broker giving traders access to a wide array of markets.
- With the FXTM app, available on both Android and iOS devices, you can monitor live rates and adjust your positions wherever you are.
- And investors try to make money by correctly predicting the price movements of different pairs.
ECN Zero Accounts and ECN Accounts have trade volumes between 0.01 and 100 lots. There is a maximum of 300 pending orders and no limit on orders. With Shares Accounts, the trade volume can be between 0.01 and 10 lots. You can have up to 100 orders or pending orders with this account type. This type of account has a margin call at 40 percent and a stop out at 20 percent. There is also a section where the Strategy Manager tells you about the Strategy and any other additional relevant information.
LimeFX FXTM: Account Types
Standard Account
The FXTM Standard Account is a no-frills option for new traders who want to start trading forex without worrying about extra commissions or fees. The account is not ‘standard’ as such, with the name coming from the fact that traders can trade standard lots. FXTM allows traders to expand their forex trading knowledge thanks to a plethora of educational content.
FXTM’s MT4 platform also allows traders to access the multi-terminal feature that is unavailable on MT5. Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site. FXTM invest is an interesting addition for copy trading ( this isn’t available in the UK though) which not a lot of brokers, apart from eToro, include in their offering. This allows you to invest in a trader of your choosing and take a share of any profits they manage to generate. FT Global never uses customer funds in any investment, including operations, to ensure the protection of fund at all times.
Deposit Options
LimeFX provides technical and trading support as well, exclusive privileges for VIP clients, and makes it easy to open accounts. There are also forex trading strategies, forex trading videos, general forex educational videos, and educational articles. Clients can also find tutorials limefx on a range of subjects, and a periodic table with investment terms. Finally, LimeFX offers VPS hosting to allow for an enhanced trading experience. By using a Virtual Private Server, FXTM clients can enjoy a 99.9 percent operational connection time, an optimal connection speed.
However, these withdrawal fees are still considered to be on a low level compared to other industry offerings. Applied to some of the payment methods, while others may be provided with 0% commission. FXTM minimum deposit requirement is $/€/£ 100 for Account Standard and only $10 for a Cent Account.
LimeFX FXTM: What does it offer?
Those who prefer videos over reading will appreciate the daily market analysis videos. These come from LimeFX’s market research team and include things like the latest market opportunities. The most common analysis video is an overview of the market for the week.
- LimeFX has a vast amount of educational resources on hand, including a section all about learning how to trade forex.
- Headed by FXTM’s head of education, Andreas Thalassinos, the broker’s webinars cover a wide range of education and analysis topics to help traders make money in the markets.
- For first-time users looking for an app more tailored toward improving their trading skills, Stock Trainer is an alternative option worth considering.
- As highlighted above, the ability to trade individual share CFDs on MT4 is one of the most exciting aspects of opening an account with FXTM.
- Our forex comparisons and broker reviews are reader supported and we may receive payment when you click on a link to a partner site.
An alternative LimeFX website offers services that are better suited to your location. Overall, LimeFX is a very solid company with good regulations, competitive spreads and a well maintained platform. The company must periodically report to its regulators and always meets strict financial standards. To participate in the program, register your account with LimeFX.
This is the worst of the worst brokers you can ever deal with. Stay Away
Through https://limefx.group/, you can access numerous currency pairs, commodities, single-stock shares, and contracts for difference (CFDs). This financial market is now more accessible than ever, as technology allows traders to buy and sell stocks anytime, anywhere. FXTM Invest is a copy trading service similar to the setup at eToro. You follow the FXTM traders, known as strategy managers in this case, with the risk management principles and system that align with your expectations. Whether you trade spot metals, energy, or soft commodities, FXTM has a CFD market for you. Whether it’s the main part of your trading strategy or simply used for diversification, take advantage of the volatility in commodities markets with FXTM.
FXTM Market Analysis SPX500 bears try to gain momentum – FXTM
FXTM Market Analysis SPX500 bears try to gain momentum.
Posted: Thu, 08 Jun 2023 10:00:22 GMT [source]
Along with converters, calculators that designed to make trading to the trader of any level more professional. Forex fees are offered by FXTM spread only with no commission in case you use Advantage Plus and Micro Account. This type of fee brings you the simplicity of the calculation and is the best suitable option for many traders despite the strategy.