Lime Fx broker reviews

This regulatory oversight ensures strict adherence to industry standards, safeguarding your funds and personal data. Lime Fx’s commitment to security provides clients with peace of mind, knowing that their trading experience is protected by both global financial regulations and advanced security measures. The Lime Fx research and education section offers a very detailed library of educational materials for traders. These include market reviews, stock market news, forex news, investment-themed articles, technical analysis, videos, and a learning center where webinars, seminars, and video tutorials are presented.

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To investigate your concerns further, we kindly ask you to provide your account ID or personal details. This will help us understand your situation better and work towards a resolution.We take all feedback seriously and continuously strive to improve the services we offer to our clients. Lime Fx suits CFD and forex traders at all levels – beginner, intermediate and experienced traders.

Lime Fx Group trading platform screenshots

My chase led me to the Lime Fx, where I found a treasure trove of academical stuff for traders of all levels. Courses, life education sections, insights, analysis – lotta interesting stuff that, I bet, play into the hands of mine and help me to understand trading better. But no learning goes without practice, so it’s also crucial to practice a lot. They have a nice demo which I use, sum of virtual money that I was given is enough to create a strategy, trade for a while and so on. Furthermore, clients may pay costs from payment processors for transactions even when Lime Fx does not impose withdrawal fees. For trades involving instruments denominated in a different currency than the base currency of the account, there also are currency conversion fees.

  • However, the only con I found to be true is that the withdrawal method may sometimes take some time more than required.
  • Even on H1 you can see that daily moves are way beyond this spread.
  • Consult relevant financial professionals in your country of residence to get personalized advice before you make any trading or investing decisions.
  • Regardless of what type of account you open, with Lime Fx you will have access to Metatrader 4, Metatrader 5 two of the world’s most popular charting platforms.
  • In addition, the broker protects negative balance, ensuring that traders cannot spend more than they have invested.

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Lime Fx broker reviews

Besides, the offering is user-friendly and Lime Fx has one of the lowest deposit requirements among the industry, Lime Fx the account can be opened regardless of a net of capital with only 5$. CFD costs we found average and platforms are very friendly to all types of traders. Lime Fx supports with one of the best education including webinars and research materials, allowing to engage and start trading carer for complete beginners in trading.

Below you will find a snapshot of the fees charged at Lime Fx Group. Our experts have created these tables based on the fees applied to a standard account. We consider a standard account to be the one that will appeal to most traders, often not the cheapest option but not a premium option either.

Markets and Products

Once, I was having trouble understanding the differences between accounts, so I jumped on live chat. Within a few minutes, the representative answered my questions. Lime Fx also hosts live webinars and seminars seven days a week in 23 languages, led by 77 instructors.

  • We checked the authenticity of the licenses stated on the broker’s website to make sure they were still active.
  • MT4 supports robots and scalping and is incredibly easy to use.
  • Clients with a balance of at least $500 and a trading volume of at least 2 standard lots or 200 micro-lots per month can connect to VPS for free.
  • There is a minimum withdrawal amount of $5 (or equivalent) for all accounts except for the Lime Fx Shares Account which has a minimum $10,000.
  • Lime Fx withdrawal options are the same as the deposit ones, including Bank Wire transfers, e-wallets and Credit Debit cards.
  • They also have Lime Fx web trader which allows you to trade through your web browser without the need to download any software.
  • Both accounts are commission-free and come with swap-free options.

Minimum Deposit

When it comes to trust and security, Lime Fx has taken significant steps to establish itself as a regulated and secure broker. We reached out through both the chat service and WhatsApp multiple times, and each time received responses within a minute. Lime Fx is unable to accept clients from the United States of America, Canada, Israel and Iran. Lime Fx are regulated by several top-tier authorities across its various regions, including CySEC (120/10), FCSA (49976) and DFSA (F003484). They also have Lime Fx web trader which allows you to trade through your web browser without the need to download any software. Lime Fx processes withdrawal requests within 24 hours after submission.

Lime Fx broker reviews

Additionally, Lime Fx provides over 20 equity index CFDs, 5 commodity CFDs, and futures CFDs on various assets, including precious metals and energy markets. Lime Fx is a good choice for beginner and intermediate traders, especially since you can start with just $5, use demo accounts to practice, and have lots of additional resources. While it’s a strong platform, improving some of the issues highlighted by users would make it even better for new traders. If you’re thinking of using Lime Fx, just keep these potential challenges in mind and evaluate how they align with your trading goals and risk tolerance. Lime Fx offers Islamic swap-free accounts, featuring no swap or rollover interest, unchanged spreads, no upfront commissions and traders can hold positions indefinitely.

Known for its award-winning customer service, Lime Fx offers its clients the same top-tier trading experience regardless of account size. Aspiring traders seeking a comprehensive and user-centric trading experience should look no limefx further than Lime Fx Group. With its user-friendly platform, diverse tradable assets, and commitment to education, Lime Fx stands out as a broker of choice. Whether you’re a beginner or an experienced trader, Lime Fx Group offers a range of account types to suit your needs and preferences. Lime Fx broker offers a wide range of accounts, making it attractive to a broad spectrum of investors. Additionally, extra services such as copy trading, contests, VPS, and a loyalty program enrich the trading experience and meet the diverse needs of traders.

However, it should be noted that the Standard account has above-market average spreads and swaps. This could make the Ultra Low account attractive to traders seeking minimal trading costs. Intended for serious investors interested in trading shares. With a minimum deposit of $10,000 and no leverage, it’s suitable for those looking for stable and long-term stock investments, with the possibility of hedging and specific spread conditions. Client accounts are segregated, meaning client funds do not participate in operational transactions and are kept separate from the broker’s money.

To open an account with Lime Fx Group, you’ll need to provide proof of identity and proof of address. This process allows Lime Fx Group to meet KYC (Know Your Customer) guidelines. KYC guidelines keep you safe and stop the broker from accidentally facilitating illegal practices such as money laundering. Supply the broker with your date of birth and address (this should be the same as it will appear on your supporting documentation).

Lime Fx TV is a great addition for videos whilst podcasts are also now on the site. Looking also at the number of base currencies limefx review available, there are 11 to choose from. This is considerably more than what many brokers will offer you. It is up to the individual trader to decide how comfortable they are trading with a dealing desk broker.