With great customer support, excellent research and education content and negative balance protection, Lime Fx is certainly great for beginner traders. You cannot use an MT5 account on the MT4 trading platform, so make sure you create your MT4 account beforehand. The webtrading terminal offers instantaneous trade execution and allows traders to buy and sell various assets, such as stock indices, forex, cryptocurrencies, precious metals, and energies. Lime Fx trading broker is regulated by several regulatory bodies, which ensure that it keeps users’ funds safe and secure at all times. These regulatory bodies include the Financial Services Commission, ASIC, and CySEC.
What is the minimum deposit for Lime Fx?
Prior to dabbling into margin trading, each reader should take the time to determine their individual limefx website investment goals, risk tolerance, and level of expertise. Our main objective is to help readers make better-informed decisions when choosing online brokers and learn the foundations of trading rather than providing financial advice. Please consider contacting a professional advisor if you require any financial assistance.
How Is Lime Fx Regulated?
- When it comes to client money safety, Lime Fx adheres to the strictest requirements.
- Lime Fx offers instant, or same-day, withdrawals with no fees for verified and connected accounts.
- The Lime Fx customer service desk is open 24 hours a day, Monday through Friday, at the same time as the markets are open.
- Lime Fx’s trading fees are reasonable having come down in recent years, but they can still be bettered by some day trading brokers, notably IC Markets and Fusion Markets.
- I see that its because of popularity but I had thought it was quite a popular broker in the trading circles.
- Traders can keep their costs down by trading with spreads that “can be as low as 0 pips” (although not always this low).
Lime Fx also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors. Lime Fx’s trading fees are reasonable having come down in recent years, but they can still be bettered by some day trading brokers, notably IC Markets and Fusion Markets. It allows you to practice trading with €/$/£10,000 in virtual funds and various leverage ratios. I place specifically 1-2 trades a week and you can tell that limefx scammers my style is not that active. But, in those trades risk much more than a usual trades, so I like that Lime Fx provides a nice leverage and the lowest possible spread so the comission is not huge. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want.
Key Features:
The broker provides negative balance protection to its clients from EU and Non-EU. Lime Fx is for traders who are interested in trading Forex and CFDs with superior trade execution speeds, tight spreads and low commission fees. ESMA regulations prohibit CFD brokers from offering bonuses to retail investors in Europe to encourage CFD trading (or a greater volume of trading), including signup bonuses or fee rebates. As a multi-regulated online broker, Lime Fx must adhere to strict compliance guidelines.
Languages Lime Fx provides support in
- With that said, let us review Lime Fx broker and all the key features of the platform.
- Watch educational videos every weekday and upgrade your trading skills.
- These savings can be much great when you trade other instruments with wider spreads on the Standard account.
- Looking also at the number of base currencies available, there are 11 to choose from.
- Moreover, traders cannot trade bonds, options or ETFs with this broker.
- To prevent slippage and keep your strategy aligned with real-time market prices, 99% of all trades are executed in less than one second.
- There is also a two-tier bonus on deposits which can give you up to $5000 extra into your trading account.
Though Lime Fx is a highly trusted and regulated forex and CFD broker, it has its strengths and weaknesses. In this review, we will take an in-depth look at Lime Fx, exploring its features, pros, cons, and more. By reading this review, you will gain a better understanding of whether Lime Fx is the right broker for your trading needs and preferences. We provide broker reviews and ratings to help users find a suitable broker according to their own needs.
Our research team conducts thorough testing on a wide range of features, products, services, and tools (collecting and validating thousands of data points in the process). We test all available trading platforms for each broker – whether they are proprietary or come from third-party providers – and evaluate them based on a host of data-driven variables. Trading in forex, stocks, cryptocurrencies, CFDs, indices, and commodities carries the potential for financial loss and may not be suitable for all investors.
Trusted by over 15 Million Traders
CFDs on over 100 US, UK, and Germany stocks are available to trade on the Lime Fx platform. Lime Fx is an online broker for trading on forex with a strict no re-quotes and no rejections policy. All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor.
I’ve used their live chat a few times when I needed quick assistance. Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. Clients who still need to meet the eligibility requirements can access the VPS by requesting it in the Members Area for a monthly fee of $28.
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