It is a copy trading program that relies on cutting-edge technology. This lets you use your forex skills to earn additional capital. That way, you will earn a percentage of their profits, as much as 50 percent.
Also, you may select spot metal CFDs, share CFDs on over 170 major companies, CFDs on Commodities, and CFDs on Indices. Starting to trade with FXTM, you will first need to open an account and deposit funds. Once your account has been approved, you can then make a deposit using one of the many methods available. Based on our research we found out that FXTM offers a user-friendly platform with all the tools and resources you need to trade successfully. FXTM leverage is determined by various measures and firstly set according to the regulatory requirement in one region or another.
- The number of payment methods to fund the trading account will allow you to transfer funds quickly by the use of bank transfers, credit cards, and some electronic wallets.
- Account opening is easy, FXTM has one of the lowest deposit requirements and trading conditions are good with low spreads and excellent customer service, and Forex education.
- It also features insights that can help you develop a trading strategy.
- To assist with the decision, LimeFX displays the live rankings for top performers, with all the data verified by PwC.
Users who are able to meet the deposit minimums required to open an ECN account will receive highly competitive rates and avoid any limits on order volume. A major advantage of using this trader is that FXTM is regulated by authorities in the UK and Cyprus, both of which have deposit protection insurance. As a consequence, if you are trading from within the EU or UK through FXTM, you could be eligible for £85,000 or €20,000 in cases of brokerage insolvency. ECN accounts are designed for forex experts and don’t have a maximum number of orders or volume of lots in an order.
Trade from your comfort zone
The exception to this is a bank wire which takes three to five business days. All clients can also deposit via cryptocurrencies, Dusupay, Alfa-Click, Dixipay, WebMoney, Yandex.Money, QIWI, Perfectmoney, Bitcoin via Skrill, Bitcoin, or Konnexone. In the case of certain accounts, there are floating commissions. For ECN MT4, for example, the commission depends on the trading volume and equity, with lower commissions corresponding to higher trading volumes and equities.
In addition, a trading dashboard with your balance, profit, and margin as well as the ability to open, close, or modify positions within a matter of seconds. The MT4 version includes support for 18 languages, one-click trading, an intuitive user interface, 9 timeframes, real-time quotes, comprehensive account history. It also includes advanced analysis limefx website tools, real-time quotes in MarketWatch, and reliable data protection. LimeFX offers dozens of deposit and withdrawal methods as a way to appeal to a wide range of clients. Deposit methods include FasaPay, Ghana local transfers, Nigeria local bank transfers, Algerian local transfers, Kenyan local transfers, Indonesian local transfers.
And secondly, nothing like reward or awards or something for clients over 10 years or pioneers like us in Nigeria. Choose experienced traders, follow them, and sit back while they do all the work. Your investment portfolio will grow with every successful trade, while you save your time and effort. Concluding the FXTM review, we admit that FXTM gives quality trading potential for both beginners and experienced traders or investors and FXTM is one of the leaders in Forex Trading.
The tight spreads from LimeFX help to ensure that traders can take advantage of low initial trading costs. FXTM is a pretty professional company, if I´ve to stand out something about them it would be their customer support. My experience with them for the moment has been impeccable, I do recommend them. Thank you for your wonderful comments and we’re glad to know you’re enjoying your trading experience with FXTM. As you can see, we always respond to the issues our clients face and do our best to sort it out. Thank you for wishing us well and we’re here to ensure that our clients always have the best.
This FXTM tool enables you to perform five-point calculations to decide what position to take on a range of financial instruments. The ForexFXTM platform is full of handy features to help you manage trades. We were especially impressed by how easy it was to modify our positions using cross-device trading, which enabled us to open a trading position on one device and close it from another. You can choose between six different types of FXTM trading account.
A professional trading environment
Moreover, there are other numerous advantages with FXTM too, alike great global coverage with a good focus on Africa region with Nigeria and Kenya trading opportunities. We learned that FXTM offers separate accounts for Forex trading and Invest Accounts. Then there is a further split to your preference of the trading transactions, instrument, and the trading size, which all in all offers you 3 Account types – Micro, Advantage, and Advantage Plus. Trading on MT4 with us offers access to a range of markets and hundreds of different financial instruments, including FX, metals, commodities, CFDs and indices. The LimeFX FXTM platform remains one of the best forex trading apps available today.
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. At the time of writing, each of these graphs displays the statistics for each month of 2018.
How do I download MetaTrader 4?
Due to a migration of services, access to your personal client area is temporarily disabled. An alternative LimeFX website offers services that are better https://limefx.name/ suited to your location. After that, you can finish the account-opening process in your browser or on a mobile device by installing the FXTM Trader app.
It also includes encryption of data transmission as a way to stop unauthorized third-party access and data theft. In addition to the company’s international regulation, it practices segregation of client funds. This ensures the safety of client funds limefx website on the off chance that something should happen to FXTM. LimeFX offers a loyalty program in the form of Loyalty Cashback. This program gives you withdrawable cash for your loyalty instead of virtual dollars or points with limited usability.
Of course, automated trading can lead to losses as well as profits, as everything depends on your strategy and the market. Many traders appreciate the fact that automated trading ensures you do not miss any opportunities if you cannot watch the markets 24/7. The system will automatically trade for clients based on the strategy you implement.