Similarly, the State Bank of Pakistan has declared forex trading platforms illegal in Pakistan. You can sign up and login to the LimeFxFX copy trading service in a few easy steps. Once you login to your personal area, you can set up your copy trading profile and deposit to your wallet. You can also sign in to your new account using the Android app. To open a position, complete the order form by selecting ‘buy’ or ‘sell’ and amend the volume in lots. You can also add stop-loss or take-profit risk management alerts too.
- Some traders provide regular updates, market insights, and explanations of their trading decisions.
- Diversification helps reduce the impact of any single trader’s performance on the overall portfolio.
- In this case, they will receive the IB commission with a coefficient of 0.5 and the commission for copying in full.
- In this 2023 broker review, our experts log in to the personal area and uncover the key features, including leverage, demo accounts, regulation and more.
- The overall score is therefore adjusted down due to the broker being unregulated.
LimeFxFX will send a verification link to the email provided during registration for LimeFxFX copy trading. By clicking on the verification link, investors can confirm their email address and proceed with the account setup process, making their way into the world of LimeFxFX copy trading. Utilize the social features available on the LimeFxFX Copy Trading platform. Take advantage of the copier feedback section to gain insights from other investors who have copied the trader you are considering.
Setting Up a Copy Trading Account with LimeFxFX
Note, demo accounts are deactivated after 30 days of inactivity. Our experts were pleased to see no withdrawal fees at LimeFxFX. There are, however, minimum withdrawal limits for all payment methods, though these are minimal, including $5 for Skrill and Neteller.
- Traders living outside of EU will have their accounts placed under LimeFx Markets Incorporated.
- 9.3.reduce the commission set by the Master Trader and limit its maximum value for all her or his Master Accounts without prior notification or providing any explanation.
- After completing the profile and identity verification process, investors can proceed to deposit funds into their LimeFxFX copy trading account.
- This level of engagement helps establish a sense of trust and transparency between the trader and their copiers.
- Additionally, consider the risk-reward ratio of the trader’s trades.
All bank transfers are processed within 1-3 hours of a request. This is a significant advantage for investors using mid-term and long-term strategies as charges will not be applied for any positions held overnight. All actions with their subscriptions and trades are made under the Copier Area. The Service may reject the Copier’s bonus application(s) at any time without prior notification or providing reasons for such decision.
After completing the profile and identity verification process, investors can proceed to deposit funds into their LimeFxFX copy trading account. LimeFxFX provides various convenient and secure payment options, including bank transfers, credit/debit cards, and popular online payment systems. LimeFxFX has achieved a solid position in the financial trading markets, executing an impressive 1+ billion trades from over 10 million live customer accounts. The founder and owner have ensured the brand has amassed a global reach, with trading services now spanning 185+ countries. Most of the traders who use this broker are located in Indonesia, India or Malaysia. LimeFx Markets Cyprus Ltd is a Cyprus-based company regulated with licensing from the Cyprus Securities and Exchange Commission (CySEC).
This includes international bank wire transfers for citizens of Thailand, India and Nigeria, for example. Both platforms are compatible with several languages, including English, Arabic https://limefx.biz/ and Hindi. Once you have opened and verified your account profile, you can begin trading. Below you can see the most important benefits and drawbacks of trading with this broker.
While the limefx forex brokers reviews platform provides a user-friendly environment, it is essential for investors to conduct their own research and due diligence before selecting traders to copy. Successful LimeFxFX Copy Trading requires ongoing monitoring and evaluation. Investors should regularly review the performance of their copied traders, ensuring that they remain consistent with their stated strategies and risk management approaches. By continuously monitoring traders’ performance, investors can identify any deviations or changes in their trading behavior that may warrant adjustments or even the termination of copying.
Don’t know how to invest via Copy trading ?
Learn more about profiting by copying the trades of professionals, managing your investments, and diversifying your portfolio with LimeFxFX Copytrading. RoboForex provides for its clients best promotional offers on financial markets. After providing the required information, investors will need to verify their email address.
invest in TOP strategies
We’ve created a standalone app supplying all your needs as an investor. It duplicates all the functionality available to Copiers in the LimeFxFX Copytrading service on our site. You can now invest and manage your finances on the go, within a single free app designed exclusively for this purpose. Please mind that the Master can make both profitable and losing trades. If the amount of the Copier’s personal funds invested with the Master Trader upon withdrawal/internal transfer becomes less than or equal to the Bonus amount, the Bonus will be cancelled. The Service may cancel the Copier’s bonus at any time without prior notification.
Make sure to check all bonus terms and conditions before participating. When we used LimeFxFX’s deposit bonus scheme, we were only permitted to withdraw a reward after completing the minimum volume requirement. So, if you claim the 50% bonus on a $100 deposit, the minimum volume requirement will be 25 standard lots. Both platforms are suitable for beginners, though our experts note that MT5 offers more advanced trading features. Traders who live within the EU will have their accounts placed under LimeFx Markets Cyprus Ltd. LimeFx Markets Cyprus Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) and traders within EU can therefore trust LimeFxFX.
Invest with the Best Global Broker Asia 2022
Upon the subscription to a Master, the Copier specifies the amount of funds to be deducted from the Wallet and invested with the selected Master. These funds and your profit will return to your Wallet when you stop copying the Master. We are constantly improving our product to make your trading experience better. The rating displays the list of Master Traders sorted by their risk score. The higher it is, the riskier are the strategies the Master Trader uses. The filter at the top of the screen allows you to also sort Master Traders by their gain or popularity.
Implementing stop-loss and take-profit levels for each copied trade helps limit potential losses and secure profits. By managing risk and adhering to predefined risk management rules, investors can safeguard their capital and minimize losses during volatile market conditions. One of the crucial aspects of maximizing profits and minimizing losses in LimeFxFX Copy Trading is diversification. By copying multiple traders with different trading strategies, asset classes, and risk levels, investors can spread their investments across various market opportunities. Diversification helps reduce the impact of any single trader’s performance on the overall portfolio.
This is due to the fact that LimeFxFC forex trading is unregulated outside of Europe. We consider it to be very important that a broker is regulated by a regulator who offers strong trader protection. The overall score is therefore adjusted down due to the broker being unregulated. We do not recommend that you use this broker if you live outside the EU. LimeFxFX is an award-winning forex and CFD broker, founded in 2011.
The Saint Vincent and the Grenadines Financial Services Authority (SVGFSA) offer weak trader protection. Opening an account from one of the 185 countries where this license is used is considered high risk. The broker also applies 3D secure Visa authorization when processing credit and debit card transactions. Also ensure you add additional security settings such as two-factor authentication (2FA) when using LimeFxFX platforms. This broker can be a good choice for you if you live within the EU and are satisfied with its limited selection of tradeable assets. It can also be a good choice if you are looking for a company that makes forex copy trading as easy as possible.
It includes risk score, gain, profit and loss, number of copiers, commission, orders history, and other information to help you make an informed decision. When you are ready to invest, tap Set up copying at the top of the screen. Engage with the community, ask questions, and participate in discussions about the traders you are interested in. This social interaction can provide valuable perspectives and help you make informed decisions.