View the requirements in the categories of FX majors, FX minors, FX exotics, spot metals, BTCUSD, ETHUSD, LTCUSD, and RPLUSD. FXTM also delivers fast execution as transactions are executed immediately. This means that you do not have to worry about delays interfering with your ability to get the best prices. LimeFX is well regarded in the industry with competitive spreads and is regulated in the UK by the FCA and Cyprus by CySec. Hereby,

FXTM offers you

MetaTrader 4 (Limited with 60 days) and MetaTrader 5 (Limited with 30 days). Opening an account at FXTM is fast, and the first step requires only a few seconds.

If you have more complex trading strategies, then you will probably want to steer more towards MT5. I have used MT4 for many years and never felt the need to switch. I love limefx scam to experiment with the huge amount of free and paid add-ons available for it. In this FXTM review, we would like to provide additional information about the broker.

Broker Types

The economic calendar is included in the tools and the analysis is constantly updated. All users also have a chance to open a demo account before committing to a live one. With a demo account, users will be able to experience the platform or practice trading themselves. Same as the standard subcategories, the differences are quite simple. The minimum deposit varies from $100-$25,000 at spread from 1.5–0 pips.

The online application takes roughly minutes and our account was approved within one business day. For each account, you have the possibility to convert it into a swap-free account. This is suitable for clients, who can’t receive interest due to their religion. You might want to dig deeper and check FXTM trading fee calculations in more detail.

Extensive Review

Another very simple incentive is FXTM’s refer a friend program. You get a $50 (or equivalent) cash bonus when you refer a friend who opens an account and meets the current deposit and trading criteria. The ECN (Electronic Communication Network) account works with MT4 or MT5.

FXTM or LimeFX, a dynamic trading platform, is one of the global leaders in online forex trading, which has a presence in over 150 countries, with more than 4 million clients, and more than 45 Awards under its belt. If you are trying to find out if this platform suits you, then you are at the right place to know all about it. 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.

Minimum deposit

In the sections below, you will find the most relevant fees of FXTM for each asset class. For example, in the case of forex and stock index trading the most important fees are spreads, commissions and financing rates. I opened up an with them and deposited money into it but when I wanted to withdraw, they couldn’t allow me to. It’s a money trap and please inform any one you know to stay away. Many new traders don’t know what to expect from their Forex broker.

This is important since not all asset classes can be traded through every account type. Bitcoin, Ethereum, Litecoin, Ripple trading is all available when trading CFDs on cryptocurrencies through FXTM. You can get spreads of 200 to 400 pips and leverage that varies based on experience. Trading spot metals with FXTM allows you to trade gold or silver against major currencies 24/5 with varying degrees of leverage based on experience. Spreads go as low as 0.4 on XAG/USD or 5.0 on XAU/USD when you open an ECN account.

Knowledge Hub/Build Your Trading Skills

Regardless of the type of account, NGN accounts are only offered for clients in Nigeria. Processing times range from instant to 24 hours/up to a business day for most methods. The exception to this is a bank wire which takes three to five business days.

When you select a Strategy Manager, you have the option to filter them based on risk level, success fee, all-time profit, etc. Strategy Managers https://limefx.biz/ can receive a commission on every winning trade. After you download the MT4 mobile trading platform, you have to access the FXTM server, e.g.

FXTM offer multiple account types and flexible leverage to suit all different types of trader. I found the spreads to be very low, starting from just 0.1 pips with deep interbank liquidity to ensure fast trade execution speeds and No Dealing Desk (NDD) technology to avoid a conflict of interest. I would always prefer to use a broker without a dealing desk as I like to get my trades executed at the best possible prices and don’t want to be trading against the broker that I am using. If spreads and execution are also important to you, LimeFX have raw spreads from zero pips and plenty of liquidity for reliable trade execution speeds. The FXTM Pro Account caters to professional traders, as the name suggests.