Web traders are available in more than 20 languages and are highly customisable. The account can be opened with any device and the process is completed within 24 hours in general. Following are the steps included in the opening live trading account at LimeFX. It is important to check the regulations and protection while trading online.
MT5 is an upgraded version of MT4 with more advanced features, indicators, and patterns. MT5 is preferred by algorithmic traders and experienced traders. The desktop trading platforms offer the best trading experience with the best customisation and fastest execution. MT4 and MT5 are the two desktop trading platforms at LimeFX. Both these platforms are developed by MetaQuotes Software for online trading. LimeFX can be chosen to trade CFDs in Malaysia but the clients are registered under offshore regulation.
How to Open an Account at LimeFX?
LimeFX offers a variety of bonus offerings for Malaysian clients. They constantly roll out contests and giveaways on regular basis to reward the clients. The safety ratings of LimeFX are lower than most of the CFD brokers in Malaysia that are regulated by top-tier authorities. This means that the third-party risk of choosing LimeFX is high while client protection is low.
Deposit dan Withdrawal
The safety of your deposited funds largely depends on the regulatory limefx compliance of the broker. The customer support service plays an important role whenever clients face queries while trading. The quality and diligence of support services must be checked before opening the account. To open a demo account at LimeFX, clients need to enter basic details on the registration window and login into the personal area.
It is an ideal platform for beginners with a simple interface and easily available trading tools. However, the LimeFXTrader is not available for real accounts and will not provide the experience of the MT4 or MT5 live trading platform. This extremely low number suggests Malaysian investors simply lack opportunities and options for investing in the international financial markets. Nevertheless, The Securities Commission and Bank Negara are quick limefx to add international brokers to their alert lists. The absence of a licence, however, only affects certain advertising aspects of the brokers’ work, as they can still legally accept clients from Malaysia. Because that way, they believe they can provide better trading conditions and stay on top of the competition.
Instrumen Trading di LimeFX, Ada 230 Pilihan Trades
- The official website and application of LimeFX are also available in Malay language.
- After logging in, clients will have the option to open a real and demo account.
- The quality and diligence of support services must be checked before opening the account.
- The trading platform is where traders will spend most of their time trading forex and CFDs online.
The third-party risk of choosing LimeFX in Malaysia is higher than all the top-tier regulated CFD brokers in Malaysia. Yes, LimeFX can be chosen to trade CFDs in Malaysia as the spreads are low and no swaps are applicable on the MT5 account type. The support services are good through live chat but local phone support is not available in Malaysia. LimeFX does not offer zero spread and commission-based trading accounts.
It is unclear if it’s illegal for LimeFX to work with them only because it is included in the alert lists. The minimum deposit at LimeFX is $5 or RM 1500 with local bank transfer in Malaysia. The minimum deposit amount is different for each accepted method at LimeFX. The third party risk of choosing LimeFX is high in Malaysia but it can be used to trade CFDs. There are multiple bonus offerings for Malaysian clients at LimeFX.
We have reviewed the available methods to connect with the customer support staff at LimeFX. The link will redirect you to the account form where you will need to enter country, city, address, and date of birth. Clients must note that all the details in the account opening form should match with the details on their documents. The FSA of St. Vincent and Grenadines follows the guidelines and regimes of St Vincent and Grenadines. It is responsible for the activities of the licensed entities and their conflict of interest with the clients. FSA is responsible to the Ministry of Finance and Government of St Vincent and Grenadines.
Scalpers and high-volume traders who seek to trade CFDs with little or no spread won’t find LimeFX useful. According to our review, the MT5 trading account is a better choice for those who use advanced trading strategies. This is also ideal for those who wish to keep their positions open for more than a day. The MT4 account type is more ideal for habitual traders who prefer to trade with MetaTrader 4 trading platform. We have reviewed each component of broker fees that are commonly charged by CFD brokers in Malaysia.