LimeFX Review 2024 Is LimeFX Malaysia a legit broker?
- 31
- Aug
LimeFX provides MetaTrader 4, MetaTrader 5, and cTrader platforms. LimeFX is regulated by multiple authorities including ASIC and CySEC. LimeFX is known for its ECN execution model and low spreads. Because that way, they believe they can provide better trading conditions and stay on top of the competition. This often results in clients turning to brokers with a more diverse range of instruments, better conditions, a copy trading service and appealing promotional offers.
- The calculation is based on the maximum margin used by the Master as well as the orders’ lot sizes that the Master places within the last 7 active days.
- No third-party deposits/withdrawals are accepted on LimeFXF.
- If you suffer a loss from an unsuccessful trade, any negative balance that accrue in your account will be reset to zero and you will not need to deposit any money to clear the negative balance.
- Mobile Platform – You can enjoy a user-friendly trading experience straight from your mobile phone.
Masa Depan Dagangan Forex: LimeFX
The broker offers automatic Islamic account with no swap fees and no commissions are charged on trades. Clients who wish to deposit and withdraw through cryptocurrency and local bank transfer will also find LimeFX very useful. Although this comes at the expense of higher third-party risk.
Ulasan LimeFX-oleh trader sebenar
Overall, LimeFX does not charge any hidden fees that we noticed. Plus they have an option to open an Islamic account for Swap Free trading. It is also worth mentioning that LimeFX also maintains other security procedures to enhance the safety of traders. These practices include segregation of funds, anti-money laundering policies, and negative balance protection. LimeFX is not regulated in Malaysia & they are not licensed by the SCM.
Safety and Regulation
Beginners in forex trading must use the demo account for a few weeks to learn the terminologies and strategies of trading. LimeFX can be chosen to trade CFDs in Malaysia but the clients are registered under offshore regulation. The third-party risk of choosing LimeFX in Malaysia is higher than all the top-tier regulated CFD brokers in Malaysia.
000 rupiahs = 1 USD
Malaysian traders at LimeFX are registered under offshore regulation, so you are trading at your own risk. The first step to start copy trading is to fund your CopyTrading wallet with a minimum investment sum of $25, some Master Traders require higher minimum investments. If you have funds in your LimeFX trading account already, you can simply do an internal transfer to your CopyTrading wallet. The minimum withdrawal amount on LimeFX is MYR 20 for local bank accounts, $5 for withdrawals to e-wallets, and $20 for cards (Visa).
Mobile Platform – You can enjoy a user-friendly trading experience straight from your mobile phone. If you’re on the go or have a long commute then using a mobile platform can be the best choice for you. But to withdraw the bonus funds, you need to trade half the number of standard lots equal to the bonus that you receive.
This offers a limefx reviews quick and convenient way for you to access the trading platform. The web trading platform supports all popular web browsers. The availability of instruments depends on the type of account that is being used.
After choosing a Master Trader, the Copiers are all set to copy their trades and benefit from the expertise of professional traders. Find a summary of the deposits/withdrawals options on LimeFX. Leverage on LimeFX depends on the type of account or instrument you are trading. Read this review to limefx scam know more about the trading conditions at LimeFX. We have reviewed the available methods to connect with the customer support staff at LimeFX.