Lime Fx Broker Review year is Lime Fx a legit broker?

broker forex Lime Fx

Each competition card shows the terms, start and end dates, and first prize. If underway, cards also display detailed participant statistics, allowing traders to track progress and performance efficiently. If you have experience trading with Lime Fx please share your personal review of the broker and what you think are strong and weak points. If you have traded with Lime Fx we would really like to know about your experience – please submit your own review. Although it took a few hours to get a response, the reply I received was detailed, with step-by-step instructions that made the process easy to follow. An economic calendar also helps to keep you informed about upcoming events that can cause market volatility.

broker forex Lime Fx

Lime Fx Live Accounts

This is an impressive selection of stock CFDs and is beyond the offering of most brokers. Upon reviewing the broker’s selection of supported markets, we noticed a lack of ETFs, options, and bonds. Lime Fx offers easy access to nearly 1,400 tradable instruments, across several asset classes, including Forex, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, and Thematic Indices. Cryptocurrencies and Turbo Stocks are available in specific jurisdictions. MetaTrader 4 (MT4) – is good for charting, technical analysis indicators and translates very well across your devices, meaning desktop, tablet and mobile versions interact very well. Compared to rival brokers, Lime Fx charges inactivity fees very quickly, however not as expensive as other brokers.

Notable countries that traders will not be able to sign up from include the US, Canada, China and Japan. If you are tight for time, here are some of the important features that we like about trading with Lime Fx. Trade with full flexibility on one of many platforms, limefx scam including the Lime Fx App.

Although it is not a public company or has a bank attached, we believe they have a strong track record. There are nearly 1300 individual stock CFDs from 18 countries around the world. In addition to the US and Canadian stocks, there are equities from 14 European countries, Brazil and Russia. Conventionally, a broker’s regulatory quality is judged by the notion that the more licenses they hold, the better.

Lime Fx operates primarily as a market maker broker, maintaining its own dealing desk to execute client orders internally. This model allows Lime Fx to set its own bid/ask spreads, which may vary, and act as the counterparty to client trades. However, Lime Fx is regulated by multiple authorities that oversee its practices, providing a level of oversight and protection for traders. My conclusion regarding Lime Fx’s offering of tradable assets is favorable, with a wide range of asset classes that should satisfy most traders.

Trusted by over 15 Million Traders

The platform is primarily designed to support traders ranging from beginners to intermediate levels. Lime Fx provides access to over 1,200 financial instruments, including forex pairs, stocks, commodities, and cryptocurrencies, with trading available on the widely used MetaTrader 4 and MetaTrader 5 platforms. The popularity of mobile trading did not go unnoticed at Lime Fx, which offers mobile apps for the MT4 and MT5 trading platforms for Android and Apple devices. They operate on mobile phones and tablets, provide full MT4/MT5 functionality, support three chart types and 30 technical indicators.

Explore Our Traders’ Favourites

Disappointingly, there’s no support for cTrader or TradingView, the latter of which we’re increasingly seeing being integrated by brokers, including IG and Lime Fx. Get the latest broker news, trading tips, and exclusive offers delivered straight to your inbox. Yes, Lime Fx allows hedging, making it suitable for traders who use this strategy to manage risk. To delete your Lime Fx account, you need to contact Lime Fx’s customer support and request account closure.

  • Lime Fx Live features daily commentary presented by five hosts and seven researchers.
  • The company is overseen by multiple regulatory authorities, including CySEC (Cyprus), ASIC (Australia), FSCA (South Africa) and DFSA (Dubai).
  • Lime Fx also supports traders in over 190 countries worldwide through 24/7 multilingual customer service, live chat, email, phone, and personal account managers across more than 30 languages.
  • Known for its efficient trading services, quick execution speeds, and secure trading environment, Lime Fx has garnered a positive reputation among our traders and industry experts.

Eight educational videos on a range of common Forex trading topics are also available in their relevant subsection. Lime Fx Live features daily commentary limefx forex brokers reviews presented by five hosts and seven researchers. Two English trading rooms exist, where 15 instructors and seven researchers offer live educational content. It supports up to 128 trading accounts, has multiple order types, three allocation methods and provides management and execution in real time. Index CFDs remain reasonably priced, with the S&P 500 showing a minimum spread of 0.45 pips, placing it among the most competitive offers.

The broker aims to streamline the transaction process, ensuring that traders can deposit and withdraw their funds with ease. On certain account types, spreads can start as low as 0.0 pips, particularly benefiting traders who employ strategies like scalping or high-frequency trading. The Lime Fx Copy Trading platform offers a seamless way to follow and execute trades in real time.

This commitment to education would ensure novice traders have the tools and knowledge to navigate the financial markets confidently. Yet while MetaTrader is a popular platform for forex traders, the lack of a proprietary desktop/web platform is a considerable drawback for beginner traders looking for a simplified trading experience. While it may offer fewer commodities and cryptocurrencies than some market leaders, its overall offering remains competitive, particularly with its extensive stock CFDs and currency pairs. While deposits are free, some withdrawal methods, such as certain bank transfers, may incur small fees. Take advantage of our promotions and demo account to practice risk-free.

In the personal cabinet, you can view trading transactions, change leverage, deposit and withdraw profits, and participate in promotional programs. The Lime Fx Group of companies holds licenses from leading regulators in various jurisdictions, including ASIC in Australia, CySEC in Cyprus, FSC in Belize, and DFSA. These licenses testify to the company’s strict compliance with international standards and regulatory requirements.

  • Lime Fx Group offers free comprehensive education and research tools for traders including Analyzzer signals, daily technical analysis, market research and daily market commentary.
  • While it may offer fewer commodities and cryptocurrencies than some market leaders, its overall offering remains competitive, particularly with its extensive stock CFDs and currency pairs.
  • Whether traders boost capital with a deposit bonus or earn rewards through competitions and referrals, Lime Fx ensures the trading experience stays rewarding and efficient.
  • Overall, the “Analytics” section at Lime Fx is extensive and multifunctional, providing traders with everything needed for successful trading.
  • Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).

Verified traders can initiate withdrawals by selecting their preferred withdrawal method and specifying the amount. The trading fees at Lime Fx are influenced by the selected account type and trading instrument. The broker follows the best execution policy to ensure fair pricing and maintains a clear client agreement outlining its services and obligations. Regular audits by independent firms further reinforce its financial integrity. Clients can access a detailed Help Center covering common issues, platform guides, and trading resources. Responses through live chat are prompt, and email replies typically arrive within 24 hours, ensuring timely assistance.

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