Hello Bertran Greguar,We are so grateful that you took the time to write this excellent review! Hi Atef Al-Fergani,We really appreciate you sharing your Lime Fx experience with us! As a Strategy Follower, users can select top-performing strategies from a leaderboard and auto-copy their trades. This way beginners can trade without having to watch the markets all the time.
The FSA-regulated broker accepts Skrill and Crypto payments. Lime Fx’s dedication to trader satisfaction is evident through its multilingual customer support available 24/5, addressing inquiries related to trading accounts, financial transactions, and much more. Traders can reach out via email at and can anticipate a response within 24 hours. Lime Fx’s commitment to trader enrichment is manifested through its extensive range of educational resources. From novices to experienced traders, everyone can leverage webinars, podcasts, and a variety of video-on-demand services to enhance their understanding of the financial landscapes and refine their trading strategies.
Are there any trading styles that are forbidden on Lime Fx?
Fast work of most of the features and overall convenient environment for trading. Our over 15 years of experience in financial markets and high technical knowledge aid in precise and timely identifications. Our independence from brokers and the companies we introduce, our commitment to maximum transparency, and our extensive experience in financial markets contribute to our ranking criteria.
“Idk I like this broker”
When you buy a CFD contract, you speculate on the price movement of the underlying asset. For example, if you buy a CFD on gold, you speculate on the price movement of gold, without owning any actual gold. This article is for informational purposes only and should not be considered as investment advice. limefx review Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose. Trading and investing should never be treated as a game, and caution is crucial when dealing with brokers promising easy profits.
Reviewers satisfied with Lime Fx most frequently mention tight spreads, customer support and trading conditions. Lime Fx’s competitive edge is sharpened by its low spreads starting from 1.1 pips and the absence of commission charges, thus rendering trading with Lime Fx as exceedingly cost-effective. Additionally, swap fees are levied on positions that are kept open overnight, but with the availability of a swap-free account option for Islamic traders.
- This wide range of instruments allows traders to diversify their portfolios and trade amid different market environments.
- Lime Fx offers three retail trading accounts with a minimum deposit of $50.
- Ultimately, he could not answer and told me to refer to my account manager.
- To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals.
- The broker also offers its TradeCopier service for copy trading.
Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Broken by asset class and compared to the industry average, Lime Fx offers an average number of share CFDs and a high number of currency pairs, commodities, indices, and cryptocurrencies. I opened a Standard trading account with Tradeco Limited and limefx scammers 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. Our products are traded on margin and carry a high level of risk and it is possible to lose all your capital.
They never let me down, always good quality of the service and prompt delivery. There are no commissions fees and the spreads are not that wide. Even though i think they could be better, the average spread is somewhere between 1.5 to 1.6 pips.
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. Although I recorded extremely favorable spreads on Bitcoin, Lime Fx’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals. My tests showed that Lime Fx’s spreads on the Standard account generally exceed the industry average, while its swaps ranged from average to high compared to the benchmark.
- There are 30 built-in technical indicators, 23 analytical objects and numerous analytical tools that traders can use to identify entry and exit points.
- MetaTrader 4 is a good option for fast and simple order execution.
- Traders sign up on the website, select account preferences, and then upload proof of identity and address to complete KYC verification.
Elevate your trading endeavors utilizing the revered industry-standard MetaTrader 4 or our innovative online WebTrader. Regardless of your trading proficiency, our platforms empower you to delve into diverse market prospects seamlessly. Leverage our MT4 or WebTrader to advance your trading acumen, benefiting from access to over 300 tradable instruments encompassing six distinctive asset classes, all consolidated on a singular, coherent platform. Lime Fx offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.
Passionate about cryptocurrencies, she closely follows market trends. On InvestX.fr, Léa writes articles to help readers decode the latest news and stay informed about the ever-evolving blockchain world. Our overall assessment of Lime Fx is mixed, and we strongly advise traders to proceed cautiously with this broker. After logging into your account, you will see the main navigation menu on the left side, allowing you to access your dashboard and various platform features. Based offshore in Seychelles, the broker is regulated by the local Financial Services Authority Seychelles (FSA Seychelles). However, Seychelles-based regulatory approvals tend to be easier to obtain compared to more rigorous authorities such as the FCA (UK) or ASIC (Australia).
Lime Fx supports beginner traders with a library of video tutorials, webinars, and eBooks, emphasizing trading psychology. The broker is operated by Tradeco Limited and offers negative balance protection. While it holds regulatory status, the offshore nature of the license places it in a lower regulatory tier compared to more established jurisdictions.
Agents respond within seconds to live chats and are generally knowledgeable. Lime Fx operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA). It guarantees the segregation of client funds and negative balance protection. Hello Badruddeen Jabbour,We are so grateful that you took the time to write this excellent review!
We stand as a beacon in the world of online trading, establishing ourselves as a global leader in this domain. Our services extend to novice and seasoned traders alike, granting access to an array of opportunities within the multifaceted global financial markets. Irrespective of your trading acumen, we are steadfast in our mission to navigate you towards attaining financial sovereignty within the intricate web of global financial avenues. Trade 300+ financial instruments on 6 asset classes including forex, metals, indices, shares, commodities and futures with competitive spreads.
This can obscure price action examination and make it harder to perform detailed technical analysis. Lime Fx’s MT4 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates.
With Lime Fx, traders can access CFDs on a range of markets including currencies, metals, commodities, indices, shares, and futures. Our meticulously crafted trading environment encompasses competitive spreads, rapid execution, and a rich array of products, empowering our traders to navigate the markets with assurance. This reflects Lime Fx’s unwavering focus and dedication to offering a holistic and top-tier trading product. This Lime Fx review highlighted that it is an all-round broker for both beginners and advanced traders. The company’s security, financial assets index, and competitive spreads make it a good choice for market participants. Copy trading through TradeCopier and advanced trading tools can make the trading experience even better.
