When switching to a live account, your demo will still be available. Once you have entered your country of residence, full name, email address, and created a safe password, the broker will require further user information. On the first screen, you will need to enter your country of residence, your full name, the email address and choose a secure password.
LimeFX customer support is available 24/5 by telephone, email or live chat. MetaTrader 4 is the longest running and most established of all trading platforms. Trade CFDs across currency pairs, crypto-currencies, indices, shares, precious metals and energy products from a single platform. MetaTrader 5 offers a wider choice of stocks and access to futures.
Differences between live and demo LimeFX accounts
Another difference you will notice between the LimeFX demo account and a live account is related to slippage, which is the difference in the intended and actual execution price of a trade. This can sometimes occur during live trading, particularly when the market is highly volatile. scammed by limefx In order to open the LimeFX demo account you have to visit the LimeFX homepage (72.87% of retail CFD accounts lose money) and click the link below the “Open Trading Account” button. The account is valid for 180 days and an unlimited number of accounts per client can be opened.
- MT4 and MT5 use a proprietary language called MQL, which you may find hard to learn.
- On the first screen, you will need to enter your country of residence, your full name, the email address and choose a secure password.
- In order to open the LimeFX demo account you have to visit the LimeFX homepage (72.87% of retail CFD accounts lose money) and click the link below the “Open Trading Account” button.
- Trade CFDs across currency pairs, crypto-currencies, indices, shares, precious metals and energy products from a single platform.
While the LimeFX MT4, MT5, and cTrader demo accounts are standard trading accounts, the LimeFX Edge platform (which is available to UK users only) is focused on spread betting. The LimeFX demo account is simple to open but the process is a little longer than with other brokers. After this, you will be able to login into the https://limefx.group/ LimeFX Direct website section. From here you can manage your account information as well as monitor the state of your trading accounts. The choice of payment methods depends on the company that you open an account with, and your country of residence. Please visit the company’s website for a list of all payment methods.
LimeFX demo account opening tutorial: step by step procedure
However, you should note that the stop-out level varies across entities and, in some cases, platforms. All LimeFX accounts are available in swap-free format for clients of Muslim faith. To open a swap-free account, open an account online and contact customer support.
However, you should be aware that MetaTrader 5 and cTrader are only available with LimeFX’s Standard account. If you’re unsure which account to choose, you may be relieved to learn that you can open multiple accounts with LimeFX. LimeFX (LimeFX.com) is a global broker, winner of 95+ awards including “Best FX Service Provider” in 2023. Trade 250+ instruments across a wide range of asset classes on MT4/5 or cTrader. Up to $100,000 in virtual currency is available to trade with and MT4, MT5, cTrader, and the LimeFX Proprietary platform are available.
Trade the market Like A Pro
You can check our best forex demo accounts roundup for a list of brokers which offer a practice account with no time limit. CTrader is a rival platform released in 2011, around the same time as MetaTrader 5. Like MT5, cTrader offers a wider range of trading tools and indicators. However, unlike the MetaTrader platforms, cTrader uses the popular C# programming language to automate trades. MT4 and MT5 use a proprietary language called MQL, which you may find hard to learn.
- CTrader is a rival platform released in 2011, around the same time as MetaTrader 5.
- MetaTrader 5 offers a wider choice of stocks and access to futures.
- The LimeFX demo account is simple to open but the process is a little longer than with other brokers.
- LimeFX offers the same trading conditions regardless of the entity with which you open your account.
Educational materials, like video tutorials and articles are also provided. The final page of the registration form requires you to select your preferred language and read the terms and conditions of the broker. Many clients choose LimeFX as their broker because of the reliability they offer and experience they have made. Our License Checker verifies the validity of EU, UK and UAE broker licenses in near real-time. Enjoy fast execution and deep liquidity, with average execution speeds under 11.06 milliseconds.
It’s also significantly faster and more responsive than its predecessor. Depending on the country, LimeFX may ask you more questions aside from what has already been asked in order to open a demo to check your trading experience. You will receive an email with your trading platform login information, but you do not need to confirm your email address to access your account dashboard with LimeFX. Here is a complete step-by-step guide on opening your LimeFX demo account. The MetaTrader 4 platform is available across all LimeFX accounts.
If you choose the cTrader, MT4 or MT5 platform, the broker will send you your personal login details to enter the platform. KYC (Know Your Customer) procedures need to be completed in order to generate the profile of the trader, and so the broker can tailor its support and services to the user. LimeFX offers the same trading conditions regardless of the entity with which you open your account.