Lime Fx has gotten my attention after knowing how many bonuses they offer to customers. I was surprised to see such lavish bonuses and of course I decided to take advantage of it by depositing a large amount of money. I got a 40% additional bonus to my initial deposit and thanks to this, I was able to trade with larger lots.I didn’t notice anything suspicious while I was meeting all the terms and conditions. Everything is transparent, they don’t set hidden requirements unlike other brokers where I needed to trade more than 100 lots before withdrawing my profits. Remember that Lime Fx operates as a dealing desk.
He covers the most difficult topics on our site. In the website footer, it is indicated that the broker’s managing company is Tradeco Limited, registered in the Seychelles. It is important to highlight the potential drawbacks of this offshore jurisdiction. You shouldn’t trust such firms because they operate without serious regulation.
Lime Fx Review by Expert: Is It a Fraud or Safe Broker?
I found the materials to be well-structured and highly detailed, exploring fundamental trading concepts from multiple perspectives. This layered approach provides learners with a comprehensive and well-rounded understanding of essential trading principles. Lime Fx does not accept as clients residents of the United States, Cuba, Iran, Sudan, Syria, North Korea, or any jurisdiction where trading with leveraged products is prohibited by law. Lime Fx imposes a 3% handling fee for withdrawals made without any prior trading activity.
The broker offers webinars, podcasts, and various video-on-demand services to help traders better understand the financial markets and improve their trading skills. Compared to other brokers reviewed, Lime Fx holds a strong position, particularly due to its commitment to regulatory compliance, transparency, and security. The platform’s multilingual support and diverse deposit and withdrawal options further contribute to its appeal. However, it’s essential to note the regulatory limitations that may restrict access for certain traders based on their location. Lime Fx’s commitment to providing a wealth of educational resources and market analysis research is evident.
Investors can have confidence that their funds are protected and that the broker is subject to oversight to prevent malpractice. At FXEmpire, we strive to provide unbiased, thorough and accurate broker reviews by industry experts to help our users make smarter financial decisions. Lime Fx offers a wealth of educational content, including over 180 blog articles, nearly 200 recorded webinars, more than 35 educational videos, 16 podcast episodes, and 4 eBooks. These resources cover key trading topics such as “Introduction to Forex Trading,” “Trading Terminology,” and “Fundamental Analysis,” among others.
- Almost all firms and individuals must be authorised by us if they offer, promote or sell financial products or services in the UK.
- Hi Cecilia Ramos,We love to hear what our customers have to say, and your feedback has been very insightful!
- Apparently, the company does not offer such an option.
- It also provides quality research and educational content, catering to the needs of beginners and seasoned traders.
- Now, let’s take a look at the trading offerings provided by the broker.
Lime Fx is regulated and authorized by the Seychelles Financial Services Authority (FSA) which ensures that Lime Fx complies with all applicable laws and regulations. Client funds are kept in segregated accounts in top-tier banks, and the broker also implements the latest encryption technology to protect clients’ personal and financial data. I’ve found Lime Fx’s platform to be intuitive and, as a broker,, reliable. I appreciate its transparency, which makes it easy for everyone to explore its trading terms and offerings in general. Great for staying updated and informed.Also, the execution is stable and pretty quick.
What is the Lime Fx minimum deposit?
These tools empower traders with the knowledge and insights necessary to navigate the complexities of the financial markets. Whether traders are seeking to improve their trading skills, stay updated on market events, or expand their trading strategies, Lime Fx offers a comprehensive suite of resources to meet their needs. In addition to the bonus program, Lime Fx provides a range of educational materials to support traders in their learning journey. These educational resources can include tutorials, webinars, trading guides, and market analysis. With a minimum deposit of $350 and base currencies in EUR, USD, or GBP, forex traders and other traders can access Lime Fx’s services through their MT4 platform, WebTrader, and mobile platforms. Additionally, they offer a free demo account to practice on their platforms.
Lime Fx is also active on social media, but among all, Instagram is the only popular platform with more than 5,000 followers. On YouTube, the company’s performance is poor, with less than 10 views per video. So, if you want attention from the company’s representatives, Instagram is your only option. What stands out the most is the lack of specific information about the broker itself. For instance, the Lime Fx website supports 12 languages in addition to English, covering both European and Asian markets. The company has also provided the necessary documents and a risk warning.
Is Lime Fx Legit?
- Plus there are many tools that can be useful, calculators, charting tools etc.
- Hey Kathryn Adams,Thanks so much for your feedback, and we’re happy to hear that you’ve been enjoying our platform!
- The Lime Fx platform also offers a detailed charting package, helping traders to make better trading decisions.
- I opened a Standard trading account with Tradeco Limited and performed my tests on the desktop and mobile app versions of the MetaTrader 4 platform.
Let’s start by analyzing the broker’s website, and to be honest, there are some things worth noting. The site, to put it mildly, does not look great. It seems like Lime Fx picked the loudest colors possible and decided to mix them all together. This is irritating and does not look professional.
Moreover, the potential client has to wait for the review of their application, which delays the process of starting trading. NBP helps protect traders against large losses in case of sudden market movements. It functions as a mechanism that prevents the account balance from going into negative figures, ensuring that traders don’t end up owing money to the broker. Overall, Lime Fx is a well-regulated broker providing a secure trading environment for traders.
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The market is continually evolving and never static, so it is important to hone your skills in a safe environment. You can set up a demo account for yourself before or alongside your live CFD account. I appreciated Lime Fx’s extensive range of currency pairs, especially in some exotic markets. The broker also provides quite a few futures contracts, allowing traders to practice longer-term trading. On the other hand, Lime Fx offers no lower-risk securities, such as ETFs, bonds, or Asian stocks. To gain a comprehensive understanding of Lime Fx’s reputation, it’s essential to consider customer complaints and negative reviews.
Before initiating a withdrawal, it is important to note that Lime Fx requires mandatory verification. Ideally, it is recommended to complete the verification process before making any deposits. You can comment on any of our materials and contact us via email. If you know any scam projects that were not reviewed by our team, please contact us. They\’ve been out of contact for two weeks, and my $1,200 is still stuck in my balance. Lime Fx.com is a fake platform, and they are ignoring me!
Comparison with Other Brokers:
In conclusion, Lime Fx ranks favorably among its peers, offering traders a reliable and safe environment to access a wide range of financial markets with confidence. Its combination of regulatory oversight, educational resources, and flexible trading conditions make it a compelling choice for those seeking to engage in online trading. With its commitment to delivering state-of-the-art trading software and a seamless CFD-based trading experience, Lime Fx caters to the needs of both beginners and seasoned professionals.
What markets are the most profitable for trading with this broker from the point of expenses, i.e. Fees?
Credit/debit cards, e-wallets, limefx review and bank transfers are common choices among brokers. Lime Fx offers a versatile choice of spreads, which can cater to the distinct preferences of both novice and professional traders. Traders can select between fixed spreads and flexible (floating) spreads, each with its own set of advantages and considerations.
The Privilege account offers all the features of Standard and Premium accounts. The main difference is in the spreads, with an average spread of 1.1 pips. The leverage level can be adjusted to suit the specific requirements of traders, allowing them to take control of their trading strategies. For instance, a forex trader with $250 in their account can take a position worth up to $250,000 through leveraging. The Lime Fx platform also offers a detailed charting package, helping traders to make better trading decisions.
Our educational materials are an important aspect of our commitment to providing our clients with the resources they need to succeed. We’re dedicated to helping our clients achieve their trading goals, and we’re thrilled to hear that you have found our materials helpful. Our customer support team is committed to providing our clients with the assistance they need, and we appreciate your feedback. If there’s anything specific you’d like https://limefx.group/ to see from our support team, please don’t hesitate to reach out. Lime Fx offers a demo account that introduces traders to the broker’s services and allows them to tweak their strategies in a risk-free environment.
