Forex trading tools: live quotes, news, trading hours LimeFx

LimeFx offers barely 230 tradeable instruments, which varies by platform, with the most on its MT5 offering. By comparison, industry leaders Saxo, IG, and CMC Markets all offer over 10,000 tradeable instruments. You can trade on your demo account for as long as you want—there is no time limit. We disable accounts that stay inactive for too long, but you can always create a new one for free.

Do I need to install MetaTrader to trade on a demo account?

Founded in 2011, LimeFx holds a regulatory license in Europe via its Cyprus-based entity – LimeFx Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, LimeFx provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. I was also pleased to see a risk score assigned to each trader, to help users differentiate between traders with historically conservative results versus those that have had more volatility and risk.

Trade with a global broker

The MT4 platform offers the highest security standards to protect traders’ funds. The client terminal and platform’s servers exchange data secured by RSA digital signatures through encrypted servers. MetaTrader 4 (MT4) provides robust technology and high security, helping users trade without worrying about the platform’s stability. It offers tools for price change tracking, trend pattern recognition, and automated trading. An experienced media professional, John has close to a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets.

Candlestick chart

The calendar features both current and past weeks’ events, while also publishing upcoming events. All indicators come with release time, priority, and previous values. There is color coding to demonstrate the difference in expected values and actual values of the indicators. It’s easy to add cryptocurrencies to your list of instruments on the MT4 platform. On desktop, simply right-click on the list of symbols and select the Show All option.

Fast deposits and withdrawals

Use it whenever you need a quick glance at the market before opening an order. There is a very high degree of risk involved in trading securities. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. We’re helping traders build stronger futures by offering a wide variety of educational articles and videos, insights from which can be applied to our unlimited demo accounts. By participating in monthly Champion MT4 Demo Contests, you can win up to $1,000 without making a single deposit. Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process).

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. ForexBrokers.com has been reviewing online forex brokers for over six years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research.

We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. To practise your trading skills safely, try opening a risk-free Forex demo account before creating a real one. With the LimeFx demo account, you get a full trading experience while using only virtual funds without risking any real money.

Thousands of these indicators can be downloaded for free on the MQL5 code base. At LimeFx, you can trade on your MetaTrader 4 demo account to win real money in our monthly Forex demo contest with a $1,000 prize fund. Top-3 participants receive $500, $300, and $100 for the first, second, and third positions, respectively. With them, you can place buy and sell orders in market conditions specified by you, typically based on price movements and technical indicators. Automated trading helps traders enter and exit positions much faster than manual trading.

With the LimeFx trading app, you can invest in currencies right on the go. The global currency market is divided into four major trading sessions. They slightly overlap, allowing you to trade most major and minor Forex pairs almost 24/5, with just a brief recess. Space is a unique live feed designed by LimeFx to get you fresh trading ideas right in the LimeFxTrader trading platform. Learn about the current trends for different pairs from the LimeFx experts and open orders on the same screen to save time and effort. The focus is on making trading easy and more profitable for traders.

That being said, there isn’t much educational content for learning how to trade or understand market dynamics. It’s worth mentioning that the broker does have a blog and a YouTube channel, yet I was still left wanting more. The Strategy Tester helps to test the performance of trading robots and find the best input parameters before executing EAs on real accounts. The entire process is based on the historical quotes of currencies and other financial products, for which there are several testing modes. MetaTrader 5, or MT5, is a next-gen multi-asset trading platform that will replace MT4 in the very near future. Its back-testing functions are not only faster than those of MT4, but it also allows simultaneous multi-pair testing.

On mobile, press the + button on the first tab from the left and select all cryptocurrencies you would like to add to your instruments list. We offer convenient portfolio management, transparent trading conditions, helpful educational materials, and easy-to-use service where nothing distracts you from making a profit. Every year we improve our conditions to make your trading journey easier. Minimum deposits at LimeFx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which LimeFx entity you choose for establishing your trading account.

Explore all the features of your trading platform and learn how the Forex market works before depositing any real funds. Learning how to handle orders and manage your risks is safer and easier on a free demo trading account with simulated dollars.The LimeFx trading demo account boasts all the features of the real one. The MT4 platform offers 30 built-in technical analysis indicators for making calculations based on price movements. These indicators allow traders to predict or confirm trends, patterns, and support and resistance levels. They are categorised into types, such as Trends, Oscillators, Volumes, and Custom. You can choose from a range of available indicators, download a custom indicator, or create your own.

With this knowledge, we created our platform to help you make money through smart and well-controlled investments. We are constantly improving our product to make your trading experience better. https://limefx.group/ Choose from 300+ trading instruments, including shares, commodities, and indices. Sign up for an LimeFx Fx  Nigeria account today, login and deposit into your account to enjoy these benefits.

Bitcoin, Ethereum, and Litecoin are available on the MetaTrader 4 platform. Download our app and keep track of your orders whether you’re in the office, on vacation, or at home. Read our full explanation and accounting of our research and testing limefx courses scam process to learn more about how we test. Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), LimeFx’s lack of additional reputable licenses heavily weighs down its Trust Score.

1. We do not limit the array of assets available on demo accounts—trade anything you like and diversify your skills.
2. We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables.
3. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
4. Compare the platforms’ features to find the one that is right  for you.
5. These flexible software utilities can automatically execute trades and assimilate all the information available on the platform to conduct market analysis and Forex trading.

It’s worth noting that LimeFx’s primary execution venue is one of its own entities in St. Lucia. LimeFx offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments. There’s no question – if LimeFx wants to compete with the best MetaTrader brokers, it needs to make improvements in its range of products and its research and education. Open an LimeFx trading account and make a deposit—you need just $25 to start. If you are still unsure where to start, check out our introductory video course. The best time to trade specific Forex pairs depends on the active session.