As shown above, a common issue with MetaTrader is that charts can quickly become cluttered, even with just two indicators. This can obscure price action examination and make it harder to perform detailed technical analysis. Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK.
Lime Fx Account Opening Process
They may not be suitable for everyone and you should ensure that you understand the risks involved. Withdrawal times vary depending on the Payment provider but range from the same day to 10 business days. We do not provide investment advice or solicitation of any kind to buy or sell any investment products. Trading carries a high level of risk and may not be suitable for all investors. You should consider whether you understand the risks involved.
What funding options does Lime Fx offer?
Dear Daniel Sobogun,Thank you for your patience throughout the account verification process. We’re glad to hear that our withdrawal process met your expectations. Our team works hard to ensure that our clients have the best possible experience, and we’re glad to see that it shows. Thank you for choosing Lime Fx https://limefx.group/ 🤩 🤩Lime Fx ⚡️Empowering traders. Floating spreads, old MT4, not much of crypto… If you can get used to the service, it’s not actually bad. I gave them a second chance, not judging the book by its cover.
Does Lime Fx offer demo trading?
This is a common practice to ensure compliance with anti-money laundering regulations and is in line with industry standards. Established in 2021 and based in Seychelles, Lime Fx is a financial derivatives broker that offers over 320 tradable instruments, including an exhaustive range of 85 currency pairs. Lime Fx offers three retail trading accounts with a minimum deposit of $50.
My overall trading experience with Lime Fx is positive. Im using Lime Fx for many years and this broker never failed me. What i really found practical here was their cent accounts.
- The selection is wide and diverse, though there are no low-risk securities such as ETFs.
- The Lime Fx platform also offers a detailed charting package, helping traders to make better trading decisions.
- Brokers operate multiple entities globally, but regulatory protections vary.
- I’m trading on a privilege account and the difference between bid and ask prices are hardly noticeable.
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However, our tests showed that it charges above-average trading spreads. We’re glad to hear you’ve had a good experience using our platform. We pride ourselves on being able to offer limefx scam a wide variety of assets to trade, and we’re happy that you’ve been able to take advantage of that.
Issues with the withdrawals and slippages, I haven’t seen such. This spoke highly about the reliability and credibility. The MT4 platform is available as different versions, such as the desktop version and the mobile app. Traders can also use the platform’s web version to access the markets from any computer with an internet connection. The Lime Fx platform also offers a detailed charting package, helping traders to make better trading decisions.
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. Traders who need more stability during trading can choose the fixed spread account because fixed spreads help to reduce their trading costs.
The selection is wide and diverse, though there are no low-risk securities such as ETFs. 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 integrates MetaTrader 4, which offers one-click trading but has a minimum timeframe of 1 minute.
This broker has many assets, but id love to see them add crypto. I trade with them on a daily basis, so learned much about the broker. We use dedicated people and clever technology to safeguard our platform. Companies can ask for reviews via automatic invitations.
Customer Support Test
Most of these instruments have tight spreads, which makes trading with Lime Fx a cost-effective option. 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. You can set up a demo account for yourself before or alongside your live CFD account. Lime Fx has an impressive assortment of 85 currency pairs, including major, minor, and exotic pairs.
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. However, when I asked about the broker’s margin call, the agent seemed confused and provided a ready-made answer that was not quite relevant to my question. Ultimately, he could not answer and told me to refer to my account manager. The market is continually evolving, marked by periodic surges and declines in volatility. For this reason, staying on top of the latest market developments is crucial, a task made simpler through the mobile app version of MT4.
- 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.
- He earned a Bachelor’s degree in Economics and International Relations.
- This platform is wonderful, especially their payment methods.
- My tests revealed that Lime Fx charges relatively high spreads on most instruments.
Additionally, the Lime Fx group includes Damadah Holding Limited, which is based in Cyprus. I would like to see cryptocurrencies for trading because the world changes and a broker has to go with the times. Educational webinars, ebooks and podcasts… man im getting most of it.
With a deep liquidity pool in futures trading, traders can take large positions without worrying about slippage. Overall, Lime Fx is a well-regulated broker providing a secure trading environment for traders. Forex traders can trust Lime Fx’s platform for safe and secure trading. While some investors might find certain regulatory restrictions, such as lower leverage limits, as a disadvantage, these restrictions are often implemented to protect traders from excessive risk. In the case of no activity, including funding or trading, within one year, the company reserves the right to charge an annual administrative fee of $50 (or currency equivalent). In case the client’s account balance is below $50 (or currency equivalent), the company will charge any remaining balance and archive the client’s account.
Didn’t disappoint me at this point, but it’s not a night yet… Yeah, pricing. What I liked about Lime Fx broker, they focused on delivering more reliable and simple to use trading service, rather than hide cons, by cool features. This is even confirmed by still usage of the mt4 platform, outdated and old, who cares, if it works without flaws. Since I faced no difficulties and problems, they deserved my trust and loyalty.
Hello Ahmed Touati,We’d like to thank you for your kind words! We put a lot of work into making the platform easy to use and adding new features, so it’s nice to see that it pays off. Hey Holly Miller,We are so glad you liked Lime Fx’s platform! We think it’s a great place to start your trading journey, and we hope that you’ll stay with us for years to come. Hi Jeremy Butler,Thanks for taking the time to share with us your feedback! Lime Fx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029.
Beginners can learn about the core aspects of trading like technical analysis, fundamental analysis, trading psychology, and risk management. A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. MetaTrader 4 is a good option for fast and simple order execution. 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.
