My overall impression of Lime Fx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of the leverage. Essentially, the broker lends the trader money so that the latter can open bigger positions. The leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Assistance is available in a wide range of languages, including English, French, Spanish, Chinese, and Arabic, during business hours, Monday to Friday.
In the case of Lime Fx, its regulation by the Seychelles FSA is a positive aspect, as it signifies adherence to recognized standards in the industry. This regulation ensures that Lime Fx operates in a transparent and compliant manner. Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice.
with world-class platforms
We believe that education is a crucial aspect of successful trading, and we’re here to support you in your journey. It aids technical analysis by providing an overview of price action behavior and allows traders access to a number of analytical tools and chart configuration possibilities. In my view, a good chart should afford easy scaling up and down of price action. My tests indicate that Lime Fx’s trading fees exceed the industry average.
Is Lime Fx regulated in the UK?
I always recommend traders check for regulation and verify it with the regulator by checking the provided license with their database. Lime Fx presents clients with one regulated entity and maintains a secure trading environment. Hi Muhammad,We’re sorry to hear that you had a negative experience with us. Our goal is to provide our clients with the best trading experience possible. If you could provide us with more details, we would be grateful and we can work towards finding a solution. Please don’t hesitate to reach out to us at ⚡️Empowering traders.
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.
I tested Lime Fx’s transparency by checking the availability of essential information on the website. All essential safety information is present and written in an easy-to-understand way. limefx broker reviews Due to regulatory limitations, Lime Fx restricts access to residents from several countries, including the USA, Iran, Cuba, Sudan, Syria, and North Korea.
The customer support team is prepared to offer you an unmatched degree of assistance by answering all your questions. ForexForeign exchange, the world’s most common transaction category, is also offered by Lime Fx. FX markets enable flexible trading because there are no restrictions on trading volume. Many participants in the foreign exchange market might benefit from the likelihood of making gains by analysing the price movement of trading assets, currencies, and securities. The asset and contract classes that can be traded collectively comprise trading instruments. Each of the instruments listed below is distinct and has qualities that make it advantageous to trade with them.
Offers a good opportunity for diversity
As a chart artist, I have always preferred trading platforms with charts that allow me to scale price action up and down easily. The one thing that MT4 is quite suitable for is automated trading because it is not dependent on the execution of precise technical analysis. Lime Fx incorporates the renowned MetaTrader 4 (MT4) platform, which has desktop, web-based, and mobile app versions.
The account was opened with the Tradeco Limited entity of the broker. Some features and services may vary depending on where you reside and which entity you open an account with. My analysis indicates that Lime Fx’s fees are above the industry average, and the broker offers limited client protection. PodcastsPodcasting is a powerful and more contemporary platform for regulated brokers and agents looking to network and broaden their audience. Each episode of this series, hosted by eminent professionals, provides traders with useful strategies, insights, and new developments.
- Compared to other brokers, the leverageoffered by Lime Fx is relatively high.
- Lime Fx offers a diverse range of investment opportunities, making it a competitive player in the online trading brokerage industry.
- The broker does not mention the minimum deposit requirement and withdrawal fees on the website or in the Client Services Agreement.
- This feature allows traders to execute orders with just one clickwithout having to enter all the parameters individually.
- Traders canenjoy more liquidity and higher trading volumes while trading these metals onthe Lime Fx platform.
I like the trading environment at Lime Fx for its pricing transparency and balanced asset selection. Lime Fx offers beginners a quality introduction to trading via its video course, and the minimum deposit of $50 ensures Lime Fx is accessible to traders with smaller portfolios. Forex traders get an excellent asset selection, and I like the availability of fractional share dealing, making Lime Fx a solid broker for beginners. Lime Fx does not list minimum deposit or withdrawal requirements and does not levy internal fees.
Unique Features
I wanted to find a good and reliable borker and I think everybody knows sometimes it’s impossible to do it. However, I came across Lime Fx reviews on trustpilot.com and to be honest I was quite impressed how many traders were sharing their experiences with this company and of course I decided to join them. It seems Lime Fx has a great reputation in the trading circles and it’s adimrable.
Lime Fx is a trade name of Tradeco Limited, which is authorized and regulated by the Seychelles Financial Services Authority (FSA) with license number SD029. Additionally, the Lime Fx group includes Damadah Holding Limited, which is based in Cyprus. The secure Lime Fx client portal handles all financial transactions for verified clients. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.
We think it’s a great place to start your trading journey, and we hope that you’ll stay with us for years to come. 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. Our deposit bonuses provide some extra power when you are just starting out. The above articles are prepared by third parties and not Lime Fx.
This is because fixedspreads help traders reduce trading costs significantly. However, spreads may vary depending on the type of tradingaccount and the market conditions. In addition, clients at Lime Fx do not have topay any commissions, as the broker charges only the spread. While no trading platform is entirely risk-free, Lime Fx’s commitment to regulation, transparency, and client protection contributes to its reputation as a safe and reliable choice for limefx scam traders. Lime Fx offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders.