Lime Fx Review Forex Brokers Reviews & Ratings
However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. Dear Fred Markides,Thank you for sharing your feedback with us. Our team is here to guide you every step of the way and ensure you have the best possible experience with Lime Fx.Best Regards, Lime Fx ⚡️Empowering traders.
Mobile Trading Platform
Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis. Plamen’s favourite trading instruments include FX majors and gold.
- I never thought I would have to reach out to customer support…
- But when you take a closer look, you get to appreciate some of the more technical offerings for the more experienced traders including trading central.
- Before deciding to trade, it is essential to understand the risks involved fully.
What markets are the most profitable for trading with this broker from the point of expenses, i.e. Fees?
I never thought I would have to reach out to customer support… It’s nothing major, just a couple of questions I had that I couldn’t easily find online.So! I’m writing to say I’m happy with how the support staff responded to my inquiries fast and thoroughly. Thanks to the information I got, I was reminded that Lime Fx is a reliable broker and all the services and tools operate really good.Regarding my questions? This broker covers my trading needs and this is what I like most about it. Sincerely speaking, I don’t need a lot because I am a rookie trader and I just want to feel complete safety of everything I entrust to this broker.
Lime Fx’s commitment to providing a variety of payment methods, quick processing times, and a transparent fee structure makes it easy for traders to manage their funds efficiently. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review. Lime Fx’s deposit and withdrawal options align with the offerings of many other brokers in the industry.
- The main difference is in the spreads, with an average spread of 1.1 pips.
- Dear muhammed ,Thank you for taking the time to share your thoughts!
- Our goal is to empower traders with information that helps them make informed decisions tailored to their specific trading needs.
- Lime Fx offers the MT4 WebTrader, which enables traders to access their accounts directly through a web browser without needing to download any software.
- Your review has been sent for the moderation and will be posted on the broker page after approval.
I was surprised to see such lavish bonuses and of course I decided to take advantage of it by depositing a large amount of money. I got a 40% additional bonus to my initial deposit and thanks to this, I was able to trade with larger lots.I didn’t notice anything suspicious while I was meeting all the terms and conditions. Everything is transparent, they don’t set hidden requirements unlike other brokers where I needed to trade more than 100 lots before withdrawing my profits. The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies. For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. For withdrawals and deposits, Lime Fx does not charge any extra fees for using their payment gateways.
Islamic Accounts
However, clients might need to pay third-party charges depending on their payment method. Lime Fx is regulated and authorized by the Seychelles Financial Services Authority (FSA) which ensures that Lime Fx complies with all applicable laws and regulations. Client funds are kept in segregated accounts in top-tier banks, and the broker also implements the latest encryption technology to protect clients’ personal and financial data.
Hello YGutiérrez,We are so grateful that you took the time to write this excellent review! Forex, binary options, cryptocurrency, and CFD trading on margin involve high risk and are not suitable for all investors and traders. The broker offers demo accounts with $100,000 in virtual funds. Internal processing times are within 24 hours, but the final transaction time depends on the payment processor and the geographical location of traders. Most non-banking payment processors have geographic restrictions, and the Lime Fx client portal will only list the ones available to traders.
Lime Fx Main Features
Profitability rate was about 30% which is a solid result. Lime Fx broker offers a variety of payment methods to answer different demands. From E-wallets to cryptocurrencies, you can choose whatever suits you. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the trade for one night and seven nights in the commission-free Privilege account. The Lime Fx minimum deposit https://limefx.club/ via card is – $50, via bank method – $100 , via crypto – $60, e-wallet – $10 USD.
Yes, Lime Fx is regulated by the Seychelles Financial Services Authority (FSA) under license number SD035. This regulation ensures that Lime Fx adheres to strict guidelines, providing a transparent and secure trading experience. Regulation is a critical factor when choosing a trading broker, as it ensures that the broker operates within a framework of rules and standards designed to protect clients’ interests. Lime Fx is committed to maintaining a high level of transparency and security through robust regulatory oversight. This diverse range of trading instruments makes Lime Fx a versatile platform suitable for various trading strategies, limefx courses scam from day trading and scalping to long-term investing. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
The broker operates on a variable spread model, meaning spreads may widen during times of high market volatility. For standard accounts, spreads are slightly wider but still competitive compared to industry standards, with no commissions on trades. Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback.
Always factor in these costs when planning your trades. Lime Fx presents its proprietary web-based trading platform, accessible from the client portal, a mobile app, and the MT4 trading platform, which remains the undisputed industry leader, plus MT5. Mt4 fully supports algorithmic trading from its desktop client and has an embedded copy trading service. Regrettably, Lime Fx does not offer third-party plugins for MT4.
Their spreads model suited me
This is especially the case when you consider that they do not charge a commission on top like most do. Lime Fx have a nice variety of trading accounts which can cater for different types of trading style. You can choose between the Standard, Premium, Privilege and Cent accounts.
You should only engage in any such activity only if you are fully aware of the relevant risks. TradingBrokers.com aim to provide unbiased broker reviews. Rates, terms, products and services on third-party websites are subject to change without notice.
This means you can analyse the markets and manage your positions from anywhere, at any time. Please note that trading leveraged products carries a significant risk of losing all your invested capital. It is crucial to only trade with money you can afford to lose.
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