Lime Fx Reviews Read Customer Service Reviews of Lime Fx com

Lime Fx review

You can trade on 200+ trading instruments from various asset classes with Lime Fx, including forex, metals, indices, commodities, futures, and shares. The broker offers you to choose among multiple chart and order types, manage orders, positions & equity online, use advanced charting and indicators and more. There is a very high degree of risk involved in trading securities.

  • Lime Fx provides a range of futures contracts with competitive trading conditions and access to advanced trading platforms to support futures trading strategies.
  • Lime Fx has been facilitating trade on the financial markets for over 15 years.
  • Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
  • Lime Fx provides a variety of accessible and diverse trading accounts, giving clients the flexibility to choose between fixed spreads and floating spreads.
  • He earned a Bachelor’s degree in Economics and International Relations.

Commission and Fees

It would be better if they offered more in-depth analysis tools right inside the platform. I would work on the pricing, as much as a lot of traders might find it affordable I still believe the broker can do better. I like how easy it is to use the platform and also the fact that I am able to reach out to customer service and I get a quick response. Below is a list of trading cost examples for buying and selling the EUR/USD, holding the limefx website trade for one night and seven nights in the commission-free Absolute Zero account. Low trading fees and quality education for beginners from an industry leader.

The Lime Fx WebTrader is perfect for those who prefer to trade directly from their browser without downloads. It offers a seamless experience with all the critical features of MT4. Regulatory bodies conduct regular reviews and audits as part of Lime Fx maintaining their regulatory status. You can learn more about these reviews on the regulator websites.

All BrokerNotes content is researched, fact-checked, and edited by the research team. CFDs are limefx scam complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

I asked a series of questions with varying degrees of difficulty and determined that the agent’s answers were swift and comprehensive. He was also polite and patient, taking his time to provide satisfactory answers to my questions. Overall, I assessed that Lime Fx’s customer support is of very high quality. 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. Lime Fx is an online foreign currency exchange broker that was founded in 2010. The company has been a member of the Cyprus Securities and Exchange Commission (CySEC) and is also licensed as a registered investment firm in the United Kingdom, Australia, and South Africa.

Trading Platforms

Lime Fx review

For clients based in the United Kingdom, it is regulated by the Financial Conduct Authority (FCA), which is among the most respected financial regulators in the world. The FCA has issued a license to 8Safe UK Limited, which operates Lime Fx in the country. Clients have the opportunity to gain more earnings from Lime Fx by joining partnership programs like Introducing Brokers (IB), Affiliates, and White Labels.

The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage. Lime Fx lists no expiry times, which is great, as all demo traders require unlimited access. While I recommend the Absolute Zero account for traders, the Demo Floating Spread offers the most realistic demo trading environment. Lime Fx offers about 310 tradable instruments across currency pairs, commodities, share CFDs, indices, and futures contracts.

The additional bonus funds can be used to trade forex, commodities, indices, and other instruments, giving traders more flexibility and leverage in the markets. Terms and conditions apply, and traders should review the bonus rules to understand any withdrawal requirements. Lime Fx is an online, multi-asset broker best known for forex trading. Once registered, users can access the popular MetaTrader 4 (MT4) trading platform, flexible leverage and ultra-low spreads starting from 0.0 pips. This review will fully report Lime Fx’s offering, including exclusive deposit bonuses, demo accounts and fast deposit and withdrawal methods.

While deposits are usually free, traders may incur minor processing fees on certain withdrawal methods. The availability of multiple payment options ensures convenience and accessibility for traders worldwide. Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients. In the trading world, brokers like Lime Fx, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don’t require advanced research tools or features.

Although traders have had great success with Lime Fx, trading on the financial markets with Lime Fx is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. When selecting a broker such as Lime Fx, one of the most critical factors to consider is the broker’s regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client’s funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities.

With that said, the brokerage does have plans to introduce MT5 in the future. Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator. Lime Fx’s MetaTrader 4 trading platform is available via a mobile app for Android and iOS devices. Alternatively, the MT4 platform is available on mobile browsers. Generally, with the required documents at hand, new traders can expect their account to be operational swiftly, often within a single day.

Lime Fx processes payments in multiple currencies via bank wire, credit and debit cards, e-wallets, and crypto. 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.

Commission fees can vary depending on the type of financial asset being traded and the Lime Fx trading account level held by the trader. Lime Fx serves a significant number of clients across Europe, providing services in countries such as the United Kingdom, Germany, France, Italy, Spain, Greece, Portugal, Sweden, Norway, and more. Lime Fx provides a rich collection of educational articles that delve into various aspects of trading. These articles cover topics such as market analysis, trading strategies, risk management, and economic indicators.

Lime Fx accepts several different e-wallets such as the widely popular Neteller and Skrill, as well as FasaPay, a Malaysian e-wallet that is accepted by various FX brokers. In addition, the broker accepts several instant banking transfer services, which are available locally – Union Pay for Chinese customers, DotPay for Polish traders, etc. Overall, Lime Fx considers itself to be the leading online broker and seems to be recovering well from past regulatory issues.

  • Its educational content is thoughtfully designed to cater to traders of all experience levels.
  • Real accounts use instant execution with re-quotes, whereas STP/ECN accounts use market execution, so no re-quotes are involved.
  • The broker’s advanced trading platforms, competitive spreads, and risk management tools ensure that traders can trade efficiently and confidently across multiple asset classes.
  • This CFD trade has a 100% increase in the funds initially committed.

Spreads also get more competitive as you move up the account tier structure, with the VIP account offering the best value for money. Lime Fx ensures that traders can quickly access their accounts without the need for software downloads by providing web trading applications. These are tailored for instant access, maintaining the high standard of user experience as their desktop counterparts. Recently made my first withdrawal on the platform and it was a good experience for me.

There are no internal deposit or withdrawal fees, except for traders who request a withdrawal without placing a trade, which carries a 3% fee. While it provides competitive spreads on certain instruments like BTC/USD and TSLA, its spreads on DAX40 and US30 are higher than the industry average. On the positive side, deposits and withdrawals are free, and the broker’s inactivity fee is relatively low. Lime Fx is a real broker offering trading services in forex, commodities, shares, and more across over 180 countries globally. It has been in operation since 2010 and is regulated by several financial authorities, thus proving that it is a real CFD broker.