Lime Fx Reviews Read Customer Service Reviews of Lime Fx com

Lime Fx incorporates the standard suite of MetaTrader 4 available for desktop, web, and mobile trading. It can be used for automated trading via EAs, basic technical analysis, and simple order execution. The broker also offers its TradeCopier service for copy trading. On the other hand, I assessed that spreads on a Standard Lime Fx account exceed the industry average, and it does not offer a raw spread trading account.

• Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations.
• Lime Fx operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA).
• Got so much knowledge now im feeling comfortable trading.
• It can be used for automated trading via EAs, basic technical analysis, and simple order execution.

In our Trust category assessments, we evaluate factors tied to stability and transparency, including the broker’s longevity, company size, limefx official site and information transparency. In our reviews, we examine the licenses and regulations of each entity operated by a broker, allowing us to compare their different levels of protection. We rank licenses by various regulatory bodies on a three-tier system, where Tier-1 licensing indicates the highest level of regulation. Lime Fx operates a single entity – Tradeco Limited – which is licensed and regulated in Seychelles by the Financial Services Authority (FSA).

The available base currencies include EUR, USD, and GBP. Swap-free trading is available via Lime Fx’s Islamic accounts. 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. Lime Fx provides over 320 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, and futures contracts.

Is Lime Fx a market maker?

After 12 calendar months of account inactivity, the broker charges a yearly inactivity fee of $50. My live testing indicates that Lime Fx’s swaps are average to high compared to the industry benchmark. I also appreciated the broker’s phishing notice, which clearly outlines what clients can expect in terms of official communication. I reviewed Lime Fx’s legal documents https://limefx.vip/ and found everything to be in order. The Client Agreement is readily available, and all relevant information is presented clearly.

Lime Fx Mobile Trading App:

Lime Fx’s top priority is to ensure security and reliability for their clients as well as offering round-the-clock customer service for quick resolution of traders’ queries. 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. This ensures that Lime Fx’s investments are available on both desktop and mobile platforms, making it convenient for traders to access the markets wherever they are. However, it’s essential to recognize that while Lime Fx’s range of investments is extensive, it may not have as many exotic or niche assets compared to some other specialized brokers. Traders with highly specific investment preferences might find more tailored options elsewhere. Lime Fx offers a wealth of educational content, including over 180 blog articles, nearly 200 recorded webinars, more than 35 educational videos, 16 podcast episodes, and 4 eBooks.

Lime Fx accepts payments via bank wire, credit and debit cards, e-wire, and cryptocurrencies. It does not impose a handling fee for deposits and withdrawals, though third-party payments may apply. In my opinion, MT4 is best suited for automated trading via Expert Advisors (EAs). The platform also has an intuitive strategy tester, allowing experienced algo traders to tweak the parameters of their strategies so that they can be used under different market conditions. Lime Fx has a $50 minimum deposit requirement and provides plenty of educational and research content.

What is the Lime Fx commission fee?

• With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, Lime Fx caters to the needs of both beginners and seasoned professionals.
• Deposits are free and instant, but clients might need to pay third-party charges depending on their payment method.
• The broker offers the Trading Central package, which includes an intuitive economic calendar, featured trading ideas, and the Market Buzz feature.
• It equips traders with essential tools and configurations to analyze price action and spot trading opportunities.

Compared to other brokers, Lime Fx offers relatively higher leverage than other brokers. It’s important to note that leverage in trading acts as a double-edged sword, enabling traders to potentially magnify their profits if the market moves in their favor. However, leverage also magnifies losses if the market moves against them. 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. 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.

A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Tight spreads or something related to comish, is not for what I came to Lime Fx at first place. Mainly, their good compatibility and praised execution without slippage that I heard about, made me give them a shot.

Payment Methods

Lime Fx provides a blend of market research developed in-house and incorporated from third-party providers. The Trading Central package includes featured trading ideas, an intuitive economic calendar, and a sophisticated market sentiment gauge. Keep trading gold nonstop and thanks to Lime Fx conditions I don’t lose a lot on trading costs. Hi Thelma Morales,We really appreciate you sharing your Lime Fx experience with us! Hi Cecilia Ramos,We love to hear what our customers have to say, and your feedback has been very insightful!

While we’re sorry that it wasn’t exactly what you expected, we’ll use your feedback to continue to improve our services. The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips.

Is Lime Fx suitable for spread betting?

It guarantees the segregation of client funds and negative balance protection. I also found the broker to be particularly transparent. You can check our Financial Services Register to make sure a firm is authorised and has permission for the service it’s offering you. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. This broker honors its clients with the academy provided.

Regulated markets

However, the website has a dedicated FAQ section for general queries. Agents respond within seconds to live chats and are generally knowledgeable. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. The MetaTrader app stands out for its convenience, making it an essential tool for adjusting trades, especially during periods of heightened volatility. However, I consider it cumbersome and not the best choice for analyzing price action. Brokers operate multiple entities globally, but regulatory protections vary.

If you choose to trade with such a high-risk Forex broker, your funds and personal information will not be effectively protected. Based on the broker information on the FxGecko app, I believe there are at least 5 significant high-risk signals for Lime Fx (Tradeco Limited) as follows. Your review has been sent for the moderation and will be posted on the broker page after approval. These products are traded on margin and carry a high level of risk and it is possible to lose all your capital.