Additionally, the Lime Fx group includes Damadah Holding Limited, which is based in Cyprus. Gain trust and grow your business with customer reviews. I found the materials to be well-structured and highly detailed, exploring fundamental trading concepts from multiple perspectives. This layered approach provides learners with a comprehensive and well-rounded understanding of essential trading principles. Lime Fx excels in the education category with its broad collection of articles, videos, webinars, and ebooks.
Keep in mind that bank transfers can take 24 hours to process and up to 3 working days to clear. Payment and funding authorisation are 100% automatic, whilst the client portal allows deposits and withdrawals using a simple, easy-to-use single interface. The accounts have zero commissions which can lead to substantial savings on trading fees and instant execution which ensures you get trades placed at the prices you expect with minimal slippage. The minimum position sizes start from 0.01 which is great if you want to get a feel for trading in a live trading environment with minimal risk. We don’t just rely on theoretical data or external sources.
However, its dated and rugged design is inferior to newer and sleeker platforms. As a trader who prioritizes flexible charts that are easily scalable, I find MT4’s charting capability too rigid and less effective. Keep trading gold nonstop and thanks to Lime Fx conditions I don’t lose a lot on trading costs.
Withdrawal Options:
So here is what I think about this broker and how it can help https://limefx.vip/ different traders.First of all, the broker is a respected name in many communities. That is due to the fact that they have many loyal clients who talk highly of their services. This piqued my interest and I decided to open an account.From afar, the platform seems to provide everything for beginner traders, and little for professionals. There is a lot of education provided, and also copy trading services as well. 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.
What trading platforms does Lime Fx offer?
- Lime Fx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria, and North Korea.
- 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.
- The WebTrader provides all the essential features of the desktop version, including advanced charting tools, automated trading options, and fast order execution.
- The fee structure is one of the main topics in Lime Fx reviews.
- Whether you’re interested in forex, commodities, indices, or shares, this Lime Fx review confirms that Lime Fx provides the tools and resources needed to trade efficiently and confidently.
Rebate programs, where traders can earn rebates based on trading volume, can be attractive for high-volume traders. Lime Fx offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry. Here, we’ll delve into Lime Fx’s offerings, compare them to other brokers, highlight its strengths, areas of improvement, and address the availability on various platforms. I can say their education has nurtured me into limefx scam being a decent trader, at least I consider myself one LOL. I used to get cold feed everytime I traded pairs like XAUUSD and GBPJPY but now I got my traders mindser in order and just trade despite the pair, emotions don’t play a role in my trading anymore.
Comparison with Other Brokers:
I got to know Lime Fx from its trading academy and from constant learning I decided to give it a try, which I don’t regret! The broker has been very reliable and makes it very easy to feel safe trading here. Lime Fx does not accept as clients residents of the United States, Cuba, Iran, Sudan, Syria, North Korea, or any jurisdiction where trading with leveraged products is prohibited by law. Lime Fx imposes a 3% handling fee for withdrawals made without any prior trading activity.
Lime Fx is the first broker I’ve worked…
The WebTrader provides all the essential features of the desktop version, including advanced charting tools, automated trading options, and fast order execution. It’s compatible with most web browsers and operating systems, offering a convenient and seamless trading experience for those who prefer trading from different devices or locations. I like the educational content for beginners at Lime Fx, which also maintains a balanced asset selection. The flexible leverage and customizable demo accounts are also excellent, offering traders two core trading tools.
I reviewed Lime Fx’s legal documents and found everything to be in order. The Client Agreement is readily available, and all relevant information is presented clearly. Brokers operate multiple entities globally, but regulatory protections vary. Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with. I opened a Standard trading account with Tradeco Limited and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform. Some features and services may vary depending on where you reside.
Lime Fx, established in 2018, is a well-regarded online trading platform, regulated and authorized by the Seychelles Financial Services Authority. Lime Fx boasts a diverse array of strengths, including a robust offering of over 300 instruments across six asset classes, granting traders unparalleled flexibility. I appreciated Lime Fx’s extensive range of currency pairs, especially in some exotic markets.
- I discovered that Lime Fx offers three commission-free trading accounts with floating spreads.
- Yes, Lime Fx is regulated by the Seychelles Financial Services Authority (FSA) under license number SD035.
- Overall, I found Lime Fx to be a suitable option for day traders, cryptocurrency traders, and those interested in copy trading.
- The Client Agreement is readily available, and all relevant information is presented clearly.
- The customer support team at Lime Fx is available 24/5, offering multilingual support.
The Trading Central package includes featured trading ideas, an intuitive economic calendar, and a sophisticated market sentiment gauge. Verification can help ensure real people are writing the reviews you read on Trustpilot. This broker honors its clients with the academy provided. Companies on Trustpilot can’t offer incentives or pay to hide any reviews. These products are traded on margin and carry a high level of risk and it is possible to lose all your capital.
The Lime Fx live accounts can be separated into fixed and floating spreads. If you are using a strategy that depends on consistent spreads, then the fixed spread account might be ideal. If you are looking for the lowest spreads possible, then you might want to consider the floating spreads account. Either way, both options have very low spreads on par with some of the top brokers.
This includes major, minor and exotic forex currency pairs. There is also decent selection of stocks, indices, futures and commodities including precious metals like gold for trading. Whatever your interests, there is something for everyone to trade with minimal fuss. Lime Fx offers the MT4 WebTrader, which enables traders to access their accounts directly through a web browser without needing to download any software.
I discovered that Lime Fx offers three commission-free trading accounts with floating spreads. The broker has a 100% margin call and a 20% stop-out level, protecting its clients against the dangers of a complete account wipeout. Lime Fx could improve its account offering by adding a raw spread account. Lime Fx offers both fixed and floating spreads, and these may vary depending on the type of trading account and the market conditions.
You should consider whether you can afford to take the high risk of losing your money. Before deciding to trade, it is essential to understand the risks involved fully. Ensure you are aware of your risk tolerance and seek independent financial advice if necessary. Past performance is not indicative of future results, and no trading strategy can guarantee returns. 80% of retail accounts lose money with this provider. 74% of retail accounts lose money with this provider.
