I always recommend that traders check them before evaluating the total trading costs. My overall impression of Lime Fx is that its offering is sufficient for the needs of beginners but may fall short for seasoned traders. The availability of more than one perspective is advantageous to the trader, who can compare the different vantage points. There is also a lack of a news screener, which traders usually use to stay on top of the latest market developments.
Lime Fx might ask for additional information on a case-by-case basis. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. MT4’s app suffers from the same underlying problem inherent to other mobile apps.
- Lime Fx accepts traders resident in many countries, however it is not targeted at residents of the EU where it is not licensed.
- As long as there is enough liquidity in the market, all order requests will be filled at varying speeds.
- Instead, no swaps are levied, and that is a big plus who tend to trade futures.
- Lime Fx works with multiple payment services to provide its clients with maximum flexibility.
- At least when it comes to executing penetrating technical analysis.
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. Hi Paul,We apologize for the negative experience you had with Lime Fx. Our team is committed to providing the best possible service and we will do everything in our power to resolve this issue for you. Please contact us at so we can assist you further.Lime Fx ⚡️Empowering traders.
IC Markets Review 2023
Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker’s track record, plus the scope of regulatory standing. I like the trading environment at Lime Fx for its pricing transparency limefx scammers 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.
My analysis indicates that Lime Fx’s fees are above the industry average, and the broker offers limited client protection. ForexBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. Our partners compensate us through paid advertising. We’re glad you enjoyed our platform, and we hope you’ll return for all of your trading needs.Lime Fx ⚡️Empowering traders. Hi Tjokro,We are so glad to see that you are satisfied with our Lime Fx platform!
MetaTrader 4 has many essential features, such as one-click trading, an alarm setting option, and a depth of markets tool. The limefx forex broker competitiveness of Lime Fx’s fees depends on the asset classes traded. For instance, I found the combination of commission-free trading and generally low spreads on share CFDs extremely favorable. However, the broker’s spreads on currency pairs are quite elevated. Lime Fx and its services are generally geared towards copy trading. Hello Mathieu,We are so grateful that you took the time to write this excellent review!
Lo que más me atrae del broker son sus…
Lime Fx offers a fairly decent range of educational content, providing beginners with a firm basis to further their learning. Multiple written and video materials cover essential topics related to technical and fundamental analyses, as well as the psychology of trading. Lime Fx has an attractive offering of high-yield/risk instruments, such as share CFDs and cryptocurrencies. This caters to the needs of speculative traders looking to exploit sudden outbursts of volatility in the price action. However, there are no lower-risk securities like bonds and ETFs to be used for hedging one’s overall market exposure. I have compiled the table below to help you better understand the difference between the trading fees on Lime Fx’s several account types.
I tried cancel my account with T4 trade…
At least when it comes to executing penetrating technical analysis. Lime Fx does not charge a handling fee for deposits and withdrawals, though third-party banking fees may apply. The broker has also issued a 3% inactivity fee that is charged whenever a client has deposited funds and then requested a withdrawal without having executed a single trade.
Lime Fx Review 2024
It is regulated locally by the Financial Services Authority (FSA) of Seychelles and adheres to some of the main safety requirements in the trading industry. The broker operates on a Straight-Through-Processing (STP) basis without a dealing desk. Order requests are transmitted to the interbank level, where Lime Fx’s liquidity providers fill them.
The market is volatile and ever-changing, and staying on top of the latest developments is made easy with the mobile app version of MT4. You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. My tests indicate that Lime Fx’s trading fees exceed the industry average. Such a full-sized EURUSD position usually costs around $10.
What platforms does Lime Fx offer?
Such a dubious company own by scammers who live off people hard-earned money. They scammed my partner and I a large sum of money. We have written to them severally about our money but they wanted us to deposit more before we can collect our money. In contrast we have used Manyways IIc and never get faced with any issues.
We believe that education is a crucial aspect of successful trading, and we’re here to support you in your journey. Lime Fx has regulatory oversight from the FSA in Seychelles, segregates client deposits from corporate accounts, offers negative balance protection, and has a clean track record. Therefore, traders should consider it a safe broker. I rank trading costs among the most defining aspects when evaluating a broker, as they directly impact profitability. Having been a retail trader since 2013, Plamen has gained an in-depth understanding of the challenges that novice traders face today. His expertise is swing trading and day trading with a heavy emphasis on psychological and fundamental analysis.
I consider the chart screen a platform’s most important feature. 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.
Mainly I use two ways for transferring money, the first method is through a bank card and the second one is through crypto currencies. Transactions are always fast and I have never encountered serious delays. With this broker I can trade with various instruments, with the demo account, I have the flexibility to choose my asset and I have been using it to train. Hi Paul Turner,We’re sorry to hear about your experience, and we take such matters seriously.