Instead, no swaps are levied, and that is a big plus who tend to trade futures. I stand for more conservative markets like shares, commodities and currency pairs. Lime Fx is a multi-asset broker that is gaining prominence for its fast execution and low spreads. To give its clients the most out of their trading experience and cater to all levels of experience, the broker offers them a choice from several account types, including Cent, Standard, Premium, and Privilege. Clients of Lime Fx will have the opportunity to open Standard accounts and trade with flexible leverage.
Good broker for risk diversification
In addition, the MT4 platformprovides traders with comprehensive trading tools and features to create theirtrading strategies. I consider the Standard account as the most accessible option due to its minimum deposit requirement of $100 (when there are no accompanying bonuses). However, the limefx scammers combination of commission-free trading and floating spreads from 1.8 pips exceeds the industry average. The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated. Clients of the brokerage firm can make use of MetaTrader 4, which is the most widely used platform on a global scale. To better cater to the needs of all its clients, the brokerage firm offers assistance via email, contact form, or live chat.
I guess one of the most important thing about trading besides continuous learning – staying abreast of what is happening in the world. Lime Fx handles this task as a broker, it offers special Live TV videos where hot topics are discussed with the forecasting how this or that news or event can potentially influence market prices. I usually watch them when specialists do some pairs’ analysis. And surely I apply received knowledge in practice afterward. That is very handy, even though I wish these videos would be published more frequently. Hello Dung,We are so grateful that you took the time to write this excellent review!
MT4 works correctly, I just inserted my credentials and connected the acc to the terminal. Premium accounts have a lot in common with Standard accounts, and one of the best things about this account type is that traders will get complete access to all trading instruments the broker provides. Users of the brokerage firm who are new to trading precious metals can improve their skills and practice their strategies while using a risk-free demo account. Traders can keep their costs down as spreads start from 0.30 pips.
However, the broker has aswap-free account option for Islamic traders who want to trade withoutviolating their religious beliefs. In my estimation, Lime Fx’s most useful type of educational content is its webinars. They are held frequently in several languages – English, Chinese, Arabic, and Malay.
Altogether, Lime Fx meets the needs of every experienced trader. As a seasoned trader, I also appreciate everything offered here ranging from the forex, commodities, indices, and cryptocurrencies. Notably, the speed of the orders’ execution during highly volatile sessions is commendable.
Additionally, the broker does not target residents of EU countries where it is not licensed. Lime Fx is not targeted to residents of the EU where it is not licensed. Lime Fx does not offer its services to residents of certain jurisdictions such as USA, Iran, Cuba, Sudan, Syria and North Korea. The above articles are prepared by third parties and not Lime Fx. By clicking on these links you will be leaving Lime Fx.com.
- Here, we focus on how long the broker has been in business, how big the company is, and how transparent it is in terms of readily available information.
- At least when it comes to executing penetrating technical analysis.
- Traders canenjoy more liquidity and higher trading volumes while trading these metals onthe Lime Fx platform.
- The Lime Fx MT4 platform also providesone-click trading, which is ideal for traders who want to save time and tradequickly.
- Clients of Lime Fx will have the opportunity to open Standard accounts and trade with flexible leverage.
- Overall, Lime Fx is a well-regulated brokerproviding a secure trading environment for traders.
Fees details
Hello Félix ,We are so grateful that you took the time to write this excellent review! Hello Lucas,We are so grateful that you took the time to write this excellent review! Trading with This broker has made me understand what it means to understand real care from a broker. They are able to have conversations in different languages. Also the way they respond is in a very polite tone which has helped with the quality of service given to clients.
If you care so much about your money and time, kindly find another as they would never let you draw out any money on there. Manyways IIcstepped in and they have been delivering constant draw outs. There is now an army of defrauded people building evidence and location data on these overseas scum. They’ve tried fobbing me off several times with a small return of cash in return of a badly worded NDA that my solicitor advised was an amateurish attempt to quiet me. Many of us now are joined up via official and unofficial channels to chase them down. Please listen to this advice and ignore any approach from them.
Lime Fx’s Desktop MetaTrader 4 Platform
Moreover, I evaluated its trading fees to exceed the industry average. I quite enjoyed Lime Fx’s educational guides covering very basic trading topics that novice traders are likely to ask. They do not delve particularly deep into the subject matter or examine more complex topics but are quite useful as a starting point. I also appreciated the vast amount of over 150 written articles that are available from Lime Fx’s blog section of the website. Traders also have access to the broker’s four educational e-books. Lime Fx offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The broker provides education opportunities for total novices and traders who want to hone their skills, as its recently added Academy section contains lots of useful information. Last but not least, Lime Fx’s customer support department is up to the highest standards, as the agents are responsive and fully prepared to answer all questions you might have. Lime Fx allows its customers to set up demo accounts and test their strategies and improve their skills using virtual cash. While creating their demo accounts, traders are allowed to decide between a great number of deposit amounts that start from $500 and can run into $5,000,000 at the most. While setting up their demo account, traders will only be allowed to go for an account with a floating spread.
Lime Fx’s Account Opening Process
For traders, Lime Fx also provides a negativebalance protection policy, ensuring that their margin balance does not go belowzero. This protection ensures that traders do not incur extra debts whilelosing trades. Regarding safety and security, Lime Fx isregulated by the Seychelles Financial Services Authority (FSA). In addition,client funds are kept in segregated accounts in top-tier banks, and their personal information is guarded under SSLencryption. My overall impression of Lime Fx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders.
What makes this brokerage firm stand out from the competition is it provides traders with spreads starting from as low limefx courses scam as 0.0 pips, flexible leverage, fast execution, and fast deposits and withdrawals. The brokerage office offers a good line of trading instruments to decide between, including futures, commodities, metals, indices, Forex, and shares. To ensure that traders will be able to gain access to a variety of assets through CFDs seamlessly, the brokerage firm provides reliable technologies and a number of tools and services.
They responded fairly quickly to my question about the inactivity fee policy but struggled to explain their execution model. Compared to the broader industry, Lime Fx offers an average amount of share CFDs, and a high amount of FX pairs, commodities, indices, and cryptocurrencies. Contracts for difference (CFDs) are derivatives used to speculate on the underlying asset’s price without physical delivery.