LimeFX Copytrading lets you copy expert traders automatically, saving you the time and effort of creating your own trading strategy. Choose from the best Masters of Forex and diversify your trading portfolio. Learn more about profiting by copying the trades of professionals, managing your investments, and diversifying your portfolio with LimeFX Copytrading. For example, the “minimum expertise” field lets you choose between newer systems, all the way up to those with legend status. 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.

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If you prefer a broker that gives you access to a large selection of tradeable assets, then you are better off choosing another EU-regulated broker. 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. Octa offers the full MetaTrader suite, albeit with a fairly limited offering of tradeable instruments.

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Passionate in contemporary global financial issues, I’m currently active in researching topics on cryptocurrency, forex, and trading strategies. Another significant advantage, according to ForexBrokers.com, is the user-friendly web platform and mobile app, which are great for casual investors, including beginners. Based on testing of 39 brokers across 113 variables, ForexBrokers.com identified the seven best copy trading brokers. Their proprietary Trust Score algorithm, which ranks trustworthiness based on factors like license, regulation, and corporate structure, was used to grade the leaders.

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You can read trading articles, watch educational videos, or even apply to a training academy. Keep in mind that improving your trading skill is never a waste, even as a copy trader. At LimeFX, you can practice your trading skills by using the demo account.

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This approach allows investors to capture different market trends and potentially benefit from the strengths of multiple traders. When we used the LimeFX demo account, it was good to see emulated live market conditions and real-time prices. Paper trading accounts are a great way to practice investment strategies risk-free and learn platform terminal features and tools. You can download the LimeFX mobile app on Google Play Store to start copying seasoned traders’ trades. The broker’s copy trading feature lets you copy multiple master traders at once and does not charge you any fee to use it.

The overall score is therefore adjusted down due to the broker being unregulated. We do not recommend that you use this broker if you live outside the EU. Additionally, to make it easier for you to manage your finances between https://limefx.group/ master traders and to collect profit, we have introduced a special Wallet for your Personal Area. We’ve released a new service that expands your options for making a profit in both active and passive ways—LimeFX Copytrading.

So, like, I’ve tried out loads of brokers, and let me tell you, LimeFX is like, legit the bomb, you know? I’ve been trading with them for almost two years now, and they’ve been, like, the real deal. Apart from the number of followers, it’s also important to check the trader’s order history. We take great pride in meeting the high selection standards of ForexBrokers.com and being included on the list of worthy representatives of high-quality copy trading services. Above all, our experts assess whether a broker is trustworthy, taking into account their regulatory credentials, account safeguards, and reputation in the industry.

1. If you’re new, it’s not recommended to copy someone with a high level of risk as you might lose money quickly.
2. Share your feedback, and we will continue improving our service to best suit your needs.
3. In the fast-paced world of online trading, success often depends on strategy and experience.
4. By carefully managing their copied trades, investors can enhance their chances of achieving attractive returns while mitigating potential risks.
5. There is also an Islamic swap-free account for those worried about whether trading is haram or halal.
6. As part of the profile completion process, investors will also need to go through the identity verification process, which is an essential aspect of LimeFX copy trading.

Founded in 2011, Octa (formerly LimeFX) is part of a group of global entities, which include Octa Markets LTD (based in the island of Mwali) and Octa Markets Cyprus Ltd (based in Cyprus). Octa also provides financial services through its intermediary, Orinoco Capital (based in South Africa). Octa has improved its educational offering with webinars and live trading session recordings and expanded its educational articles and videos. I appreciated that it has begun producing videos on advanced topics, such as Elliot Wave trading. When analyzing the trading performance of a lead trader, check their winning rate. By carefully monitoring their investments and adjusting their strategies as needed, traders can potentially benefit from the advantages of LimeFX Copy Trading and achieve profitability.

All withdrawal requests are processed within 1-3 hours during business hours, though the time taken for funds to clear back to the original payment method may vary. There are, however, minimum withdrawal limits for all payment methods, though these are minimal, including $5 for Skrill and Neteller. You can access all the tools, features and functionality found on the web terminals including one-click trading, chart customization and full order management.

Share your feedback, and we will continue improving our service to best suit your needs. Octa has over 50 different payment options, such as Visa, Neteller, Fasapay and bitcoin, as well as a large variety of local bank transfers. The availability of these payment methods may also depend on your country of residence. Of the 6,101 systems available on LimeFX’s Copy trading app, 52% of them, which is approximately 3,172, achieved profitability in the last quarter.

Opening an account from one of the 185 countries where this license is used is considered high risk. This broker can be a good choice for you if you live within the EU and are satisfied with its limited selection of tradeable assets. It can also be a good choice if you are looking for a company that makes forex copy trading as easy as possible.

Distressed with the services, I searched for another Forex broker and found TradeEU. The broker was regulated, I quickly created an account and started trading. After using the platform for over 1 month, here’s my review – The platform is perfect, leverage is good, spreads are lowest and most importantly, the withdrawals are quick. It took only a few hours for withdrawals to credit to my bank account.

Founded in 2011, Octa holds a regulatory license in Europe via its Cyprus-based entity – Octa Markets Cyprus Ltd – which is regulated by the Cyprus Securities and Exchange Commission (CySEC). In South Africa, Octa provides financial services to clients through an intermediary, Orinoco Capital, which is licensed by the Financial Sector Conduct Authority (FSCA). LimeFX gives you limefx access to the traders’ trading performance to help you identify those with consistent winning trades. It is advisable to choose traders with small but consistent gains over a long time and avoid those who win massively in the first months and then lose significantly in the months that follow. In the meantime, use your spare time to enrich yourself with trading knowledge.

In copy trading, a trader selects a successful trader to copy and the trades made by that trader are automatically replicated in the trader’s own account. This allows traders to potentially profit from the success of others while minimizing the risk of making mistakes. While you don’t necessarily have to master the knowledge of making profits from copy trading, it does require some basic understanding of what to look out for.