Lime FxFX Copytrading for Android provides a straightforward layout that simplifies the replication of professional traders’moves. A clear limefx forex brokers reviews list of Master Traders shows real-time metrics including gains and risk levels. Users can filter traders with defined parameters and access detailed reports for informed decision making. A one-click connect option simplifies the process, letting users replicate trades automatically. To start, users can download Lime FxFX Copytrading for Android from the Google Play Store. Yes, Lime FxFX is a legitimate broker that has been operating since 2011.
How to Use Lime FxFX Copy Trading App
- While Lime FxFX is designed to accommodate newcomers, it’s still crucial to learn the basics of trading and understand the risks involved before committing real funds.
- As a copier here, you also will not be charged any other commission besides that set by the person you are copying.
- The Lime FxFX 50% deposit bonus can be used to increase free margin and open higher-volume positions.
- In addition to the markets offered, as an Lime FxFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location.
- If you choose Lime FxTrader, you may notice that the interface balances modern aesthetics with functional depth.
That way, if one trader has a rough patch, your whole investment won’t take a nosedive. You can add or remove traders, adjust your investment amount, and customize your strategy. Both social and copy trading is well provided for at Lime FxFX through their own proprietary copy trading service.
Lime FxFX is an international Forex broker that operates worldwide. The domain belongs to a group of companies called Lime Fx Markets Incorporated which is registered with St. Vincent and Grenadines FSA. Currently, the company focuses on Asian, South African, and Australian markets. Lime FxFX.com does not accept European clients as this market is specifically appointed to Lime FxFX.eu (regulated by CySEC). Check the trader’s performance over the last 12 months and consider the profit and loss. It’s even better if they’ve been trading longer, so you can examine their performance during different market conditions.
If you are trading from outside the EU, the minimum deposit will be $25 with the Lime FxFX Micro account. Matching your base currency to that of your deposits and withdrawals can be an important way to help you save on paying conversion fees which ultimately increase your cost of trading. The Lime FxFX MT5 pro account is one which they recommend for the more experienced traders. With that said, the minimum deposit here is still low enough for all types of trader to get involved.
Such deposit bonuses are quite rare among forex brokers offering copy trading services. The trader’s strategy, market volatility, and your risk management all have a say in how profitable your copy trading experience will be. Diversifying your portfolio by copying multiple traders can also help spread the risk. For example, the « minimum expertise » field lets you choose between newer systems, all the way up to those with legend status. It would be useful to be able to sort the columns from highest to lowest, but that feature is not yet available when looking at the Master Rating results page.
Copy Trade and Investment Options
Instead, it operates on tight spreads starting from limefx review 0.6 pips. There are also no inactivity fees, and all accounts are swap-free. Lime FxFX offers seven withdrawal options to transfer funds from MT4, MT5, or Lime FxTrader accounts securely and without broker-side fees. Opening an account with Lime FxFX requires a minimum deposit of only $25, making the platform accessible to beginner traders and those who prefer starting with smaller capital commitments.
- Our services are available to everyone free of charge, but we do receive compensation from some of our partners for referring clients to them.
- Lime FxFX’s extensive range of trading instruments, combined with flexible leverage options and competitive spreads, caters to both novice and experienced traders.
- Minimum investment requirements vary depending on each master trader’s profile and conditions.
- This integration makes it possible for users to manage their portfolios effectively while replicating expert strategies.
The only real difference here being that as a master you can earn commission. The Lime FxFX Champion offer is a contest run by the broker whereby you can open a demo account and trade for 4 weeks. In addition to the markets offered, as an Lime FxFX trader, it is likely that you may come across some of these extra products that the broker makes available depending on your location. MetaTrader 4 is extremely well regarded in the industry as one of the top trading platforms ever. Here you get exactly what you expect with a very robust and extremely powerful and also lightweight trading platform that can run on virtually any device. Here is a more detailed look at the wide range of top trading platforms you can expect to find when you are trading at Lime FxFX, and what they can provide you with.
They either use their main apps or restrict copy trading to desktop platforms. Another advantage offered by Lime Fx is the Trade & Win program. Opening an account in Lime Fx would open the opportunity to collect trading lots, which can be accumulated into a variety of attractive prizes. Traders only need to open a real account on MetaTrader4 or MetaTrader5 through Lime Fx and simply exchange the prize lot in this promotion.
Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA). Lime FxFX is a global forex and CFD broker that has been providing online trading services since 2011. Headquartered in Saint Lucia, the company has grown to serve over 12 million client accounts from more than 180 countries. Lime FxFX is regulated by several decent financial authorities and has a good record in that regard.
