Instead, your Lime Fx funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with Lime Fx. Lime Fx provides a variety of accessible and diverse trading accounts, giving clients the flexibility to choose between fixed spreads and floating spreads. However, the broker could enhance its offering by introducing an alternative to the MetaTrader 4 platform. At BrokerNotes.co, our data-driven online broker reviews are based on our extensive testing of brokers, platforms, products, technologies, and third-party trading tools.
How many tradable instruments does Lime Fx offer?
After extensive research over several years, we have compiled a list of the most effective Lime Fx alternatives available today. If you are unsatisfied with Lime Fx or want to explore other options, we recommend checking out our carefully curated list of highly-rated Lime Fx alternatives. Follow the links below to learn more about these Lime Fx broker alternatives and choose the one that best suits your trading needs. On the other hand, if Apple Computer Inc falls by 10%, your position worth $10,000 is now worth only $9,000, representing a $1,000 decrease.
Lime Fx Review – Scam Or Legit? – Detailed Overview
Established in 2010 and headquartered in Cyprus, Lime Fx is a financial derivatives broker known for its extensive range of trading tools and features. Lime Fx incorporates MetaTrader 4 for web, desktop, and mobile trading. The platform’s performance can be enhanced with the MT4 Advanced add-on. The broker also provides PMAM accounts for managed trading, TradeCopier service for copy trading, and free VPS hosting for low-latency trading.
Autochartist on the Lime Fx platform is a powerful tool designed to help traders find trading opportunities quickly and easily. Lime Fx also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go. Lime Fx requires a minimum deposit of 100 GBP/USD/EUR when opening an Lime Fx trading account. Depositing funds with Lime Fx ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if Lime Fx were to go out of business unexpectedly. When considering Lime Fx for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as Lime Fx, is to assess the broker’s regulatory status and administrative body.
No requotes can provide Lime Fx traders with greater confidence and peace of mind when trading on the Lime Fx platform. It’s worth noting, however, that other factors, such as market volatility and liquidity, can still affect the execution of Lime Fx trades. When using Lime Fx, the minimum trade size is typically 0.01 Lot units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. The maximum trade requirements on eToro can vary depending on the specific trader and instrument being traded. With the ECN and STP execution methods offered by the platform, traders using Lime Fx can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Can you make money with Lime Fx?
- Chessaty was an affiliate of Lime Fx, and her unpleasant experience with the broker led her to accuse it of being an ‘absolute scammer’ on a public reviewing platform.
- While Lime Fx strives to provide robust protection, clients need to remain vigilant and follow specific security practices to avoid phishing, fraud, and other online threats.
- Lime Fx withdrawal fees vary on payment method.Lime Fx does charge a fee for inactive accounts.
- Lime Fx offers traders access to one of the world’s largest and most liquid markets, with over 500 trading instruments across six asset classes.
- It takes just $100 to open a Micro account, increasing to $2,500 for a Premium account and $20,000 for a VIP account.
Lime Fx is a globally recognized leader in online forex trading, providing traders with various innovative solutions and exceptional service. Founded in 2010, the company has grown to serve over 1.5 million clients across 180 countries. With a portfolio of over 500 tradable instruments, Lime Fx offers a wide range of products including forex, spot metals, futures, shares, spot indices, and commodities. Lime Fx offers a great fit for traders at low to medium skill levels, with flexible account types that suit many investment and trading styles. Money managers can also benefit from a personal multi-account manager (PMAM) that allows trading of multiple Metatrader accounts.
Fees
We use dedicated people and clever technology to safeguard our platform. 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. Lime Fx does not accept as clients residents of the USA, Cuba, Sudan, Syria, North Korea, or any jurisdiction where trading is prohibited by law.
- Standard account turned out to be my way of interacting with their platform, mt4.
- The minimum deposit for opening a trading account with Lime Fx varies depending on the account type.
- The chart screen is undeniably one of the most crucial features of a trading platform.
Lime Fx MetaTrader 4 Advanced Trading Tools
Cryptoasset investing is highly volatile and unregulated in some EU countries. Between 74-89% of retail investor accounts lose money when trading CFDs. Regulatory bodies conduct regular reviews and audits as part of Lime Fx maintaining their regulatory status.
You can find valuable information about the Lime Fx founders, services, and industry reputation. The fact that Lime Fx has a Wikipedia page is a testament to its reputation and credibility in online trading. It’s worth noting that Wikipedia content is limefx courses scam highly moderated for accuracy, so having a page dedicated to Lime Fx speaks to its legitimacy and significance. She updated the review and said the staff of Lime Fx reached out to her. Even though a £50 compensation was offered to her after the review was posted, Chessaty only claimed for the money she had earned.
Reviews on Trustpilot describe poor service and unprofessional behavior from the company. Many investors have called Lime Fx a scam and strongly advise others to avoid it. If you value your money and peace of mind, it’s better to choose a trusted broker. Lime Fx has been facilitating trade on the financial markets for over 15 years. Lime Fx offers clients Forex trading, CFDs trading, and Social trading. All funds deposited to Lime Fx are held in segregated bank accounts for security.
Lime Fx processes payments in multiple currencies via bank wire, credit and debit cards, e-wallets, and crypto. Although Lime Fx offers 26 futures contracts, there are no vanilla options, ETFs, or bonds that most swing traders use. Moreover, the broker’s swap fees https://limefx.group/ exceeded the benchmark during my tests. With top-notch services and operations, Lime Fx focuses on offering a high-speed and seamless trading environment to its clients. The research tool available on the platform will assist you in every step of the trading process. This is a modern broker and some of the modern trading engines should be included, too.
The broker stands out with its extensive educational and research content, developed both in-house and sourced from the renowned Trading Central. It is considered the most advanced trading account specially created for professional and high-volume traders. In addition, the account provides the highest level of security to all of its users. Just getting started and there’s no commission on most account types, the spreads don’t look bad at all, I’ve seen higher spreads elsewhere.
While bonuses offer additional leverage, it’s important to note that these bonuses cannot be withdrawn and come with certain terms and conditions. This includes keeping account details confidential, using strong and unique passwords, and being cautious of suspicious communications. Lime Fx will never request sensitive information or make unsolicited contact through channels like WhatsApp or Telegram.