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LimeFX Malaysia Review 2024 Is it safe for your hard earned money?

LimeFX malaysia

The account of traders from Malaysia at LimeFX are opened under offshore regulation. limefx Overall, FXTM offers a standard trading experience thanks to its use of the MT4, MT5, and cTader trading platforms. They do not have a proprietary trading platform of their own, which can be an advantage if you are used to using these third-party platforms. LimeFX MT4 – The trading platform that is available for this type of account is MetaTrader 4.

Benefit from the best conditions on the market.

Here is a summary of how the forex broker handles your orders. CopyTrading on LimeFX is a feature that is designed for traders that do not want to trade on their own and would rather copy the trades of other traders, known as Master Traders. This allows especially new traders, known as ‘copiers’ to profit from the knowledge and trading experience of professional Forex traders by automatically copying the trades the Master Traders make. Step 6) You will be taken to a page to select a payment method to make a deposit.

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Customer Support

In a market where trust is paramount, LimeFX has consistently demonstrated its commitment to providing a safe and reliable trading platform. In the dynamic world of financial markets, Forex trading has emerged as a popular investment avenue, especially in Malaysia. Among the various Forex brokers available, LimeFX Malaysia stands out as the most preferred choice for both novice and seasoned traders.

LimeFX malaysia

Forex trading has become increasingly popular in Malaysia. However, there are several factors that new investors want to be sure of when entering the financial markets, and one of them is the trustworthy broker. LimeFX provides Market Execution on all trading instruments.

User-Friendly Platform

  1. No, LimeFX is not legal or locally regulated in Malaysia, therefore you are trading with this broker at your own risk.
  2. LimeFX provides MetaTrader 4, MetaTrader 5, and proprietary platforms.
  3. With that said, given that forex trading is relatively new to Malaysia, there are not yet any brokers that are regulated by the SCM (Securities Commission of Malaysia).
  4. When you trade with LimeFX, it is at your own risk, because they are not regulated in Malaysia.
  5. The LimeFXTrader is a proprietary trading platform of LimeFX exclusively available for demo accounts.

LimeFX promotions program currently offers a 50% deposit bonus to traders on a minimum deposit amount of $50. The bonus is not limefx scam automatic, as clients will have to apply for the bonus after their account is credited with the deposit sum. LimeFX offers 24/7 customer support options for traders via 2 channels. Our team tested the live chat and email support, here is our review. Demo accounts are available for new traders on LimeFX to help them understand the trading platform before they open a live account and put in their money.

The broker provides tight spreads, which means lower trading costs for its clients. Read our guides on how you can get started with forex trading. Plus, refer to our broker comparison lists for finding trusted forex brokers. They offer spread-only accounts and offer commission-free trading on all tradable instruments. MT4 and MT5 mobile trading platforms can be downloaded on mobile and tablets of Android and iOS operating systems. Apart from MT4 and MT5, no other trading application is supported at LimeFX.

We compiled a summary of the trading fees and non-trading fees on LimeFX. A decent number of financial instruments are available to trade at LimeFX in Malaysia. Clients must note that all the available financial instruments at LimeFX are traded in the form of a Contract for Deposit (CFD). Read what actual users and industry experts say about us online in broker reviews. Keep in mind if you are wondering about ESMA regulation, this depends on the country, but if they have registered in a European country, they will typically be ESMA compliant. There are both pros and cons to trading through LimeFX, but you must make your own decision given then risks.

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