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Hi Elene Derx,Thanks for taking the time to share with us your feedback! Hey Alice Cox,We are so glad you liked Lime Fx’s platform! 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. Regulations are put in place to safeguard traders, so you should only trade on regulated platforms.
What Sets Lime Fx Apart?
- Lime Fx does not offer its services to residents of certain jurisdictions such as the USA, Iran, Cuba, Sudan, Syria, and North Korea.
- When the platform has finished downloading, run the set-up to instal MetaTrader 4 on Windows.
- Choose between our Standard, Premium, Privilege and Cent accounts.
- Pricing is decent, but I thought that there would be even more freedom.
- At least when it comes to executing penetrating technical analysis.
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. When you buy a CFD contract, you speculate on the limefx scam price movement of the underlying asset.
Why is it Important to Know Where Your Broker’s Subsidiaries are Regulated?
Fixed spreads allow you to trade with predetermined and steady spreads without worrying about sudden changes. With floating spreads, you can access more competitive spreads, but these are flexible and could fluctuate according to market conditions. Lime Fx offers demo accounts that introduce traders to the broker’s services and allow them to tweak their strategies in a risk-free environment. The market is continually evolving and never static, so it is important to hone your skills in a safe environment.
- Please do not use this company as they will scam you out of all your money.
- We are also looking for writers with extensive experience in forex and crypto to join us.
- That is why traders need to familiarize themselves with the safety mechanisms ensured by the entity they want to open an account with beforehand.
- The easiest way to get in touch with Lime Fx is live chat, which is available from the bottom-right corner of the main page.
- They are held frequently in several languages – English, Chinese, Arabic, and Malay.
- If you could provide us with more information at , we would be grateful and we can work towards finding a solution.Lime Fx ⚡️Empowering traders.
How do I start trading…
Credit/debit cards, e-wallets, and bank transfers are common choices among brokers. 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. I appreciated Lime Fx for developing the bulk of its research materials in-house. Its content is diverse and provides a basic explanation of current market trends and developments. However, the broker does not incorporate any third-party content, which is essential for affording its clients an additional perspective.
The Privilege account, as the name suggests, features the most favorable trading conditions, but the minimum deposit requirement is quite elevated. 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. 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.
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Hi John Walton, We’re sorry to hear about your experience, and we take such matters seriously. Please provide us with more details through the Find Reviewer process on Trustpilot so we can investigate and assist you accordingly.Lime Fx ⚡️Empowering traders. Hello Vera Goldstein,We’d like to thank you for your kind words! We put a lot of work into making the limefx forex brokers reviews platform easy to use and adding new features, so it’s nice to see that it pays off.Lime Fx ⚡️Empowering traders.
When the platform has finished downloading, run the set-up to instal MetaTrader 4 on Windows. Then click next and finish once it has finished loading. The platform should open automatically or there should be a shortcut that appears on your desktop. Hi Leon Kirch,We really appreciate you sharing your Lime Fx experience with us!
As soon as funds have been deposited into your account via your chosen payment method, you will be notified via email so you can start trading. Then click on the green deposit button on the dashboard. All the available deposit methods are shown on the deposit page. Please note that the payment method you choose for deposits must also be used for withdrawals.
You can choose from our wide selection of currencies, metals, indices, commodities, shares and futures and start trading with competitive conditions and dedicated support. A CFD (Contract for Difference) offers the opportunity to traders to speculate on the price movement of different financial assets without owning them directly. With a CFD contract you agree to pay the difference between the opening and closing prices of an underlying asset. You can benefit if the price moves in the direction you have speculated, but you may incur losses if the price of the underlying asset moves against you. On the other hand, Lime Fx does not offer any alternative trading platforms and does not incorporate any third-party tools. Moreover, I evaluated its trading fees to exceed the industry average.