However, limefx scammers no specific information regarding the company’s founding date has been given.
Lime Fx has a $50 minimum deposit requirement and provides plenty of educational and research content. However, our tests showed that it charges above-average trading spreads. Lime Fx supports MetaTrader 4’s standard suite and offers various copy trading solutions.
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Our goal is to make every aspect of your trading experience as seamless as possible, and we’re glad to have exceeded your expectations. Hi Atef Al-Fergani,We really appreciate you sharing your Lime Fx experience with us! ForexBrokers.com helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. 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.
Day traders can benefit from Lime Fx’s robust market research, including featured trading ideas by Trading Central and a diverse assortment of tradable instruments. However, Lime Fx’s spreads generally exceed the industry average, and it does not offer a raw spread account. Lime Fx provides extra services regardless of the trading account. This means that clients get access to benefits the moment they make the minimum deposit amount.
The spreads and price they show publicly on the website is mostly accurate. On my account currently aud/usd I trade is just below 2 pips, and thats because I’m on premium. Pretty decent spreads, and I appreciate that they dont try to hide them, and show the correct ones, publicly. We’re glad to hear that you had a positive experience with our withdrawal process.
- Clients who trade with this broker enjoy the luxury of trading with fixed spreads.
- Some features and services may vary depending on where you reside.
- Lime Fx provides over 320 tradable instruments across currency pairs, commodities, share CFDs, indices, cryptocurrencies, and futures contracts.
- Client orders are routed to the broker’s pool of liquidity providers, where they are filled at the best possible price.
- Consequently, working with such a firm subjects users to financial and data security risks.
Hello Bertran Greguar,We are so grateful that you took the time to write this excellent review! Dear users,This review was not submitted by a verified client of Lime Fx and seems to be an attempt to damage our reputation. Trustpilot is a trusted platform, and we believe in the importance of honest and accurate reviews.Kind regards,Lime Fx ⚡️Empowering traders. Lime Fx clients can trade with WebTrader, TradeCopier, and MetaTrader 4. The official website and personal account section contain links to download programs. However, the full-featured mobile version is only partially supported.
Scam company
I thought I withdraw my deposit and just thought that’s what they do. They just take your money and don’t respond to any like Calls or messages. I’ve requested my withdraw my money lots of occasions and I checked my trading account. I just looked at it now it’s got £2.22 when I requested my £500 it was up to £500 so give me five but no, they didn’t . For me £250 is a lot of money and the stress and I have a heart condition and the stress of trying to get my money back nearly sent me to hospital don’t use Lime Fx..
- And if traders use the platform recommended by the administration, their trading opportunities will be significantly limited.
- Some regulators enforce stricter financial standards than others, so traders should understand the safety measures of the entity they choose to open an account with.
- The spreads and price they show publicly on the website is mostly accurate.
- The chart screen is undeniably one of the most crucial features of a trading platform.
They stole my money
Most of the data is present exclusively in electronic documents. Nevertheless, the client agreement reserves the right for the company’s employees to unilaterally change trading conditions, including swap charges. When trading Contracts for Difference (CFDs), positions can be opened for a fraction of their value because of leverage. Essentially, the broker lends the trader money so that they can open bigger positions. Leverage multiplies the profits a trader generates from winning positions but also the losses incurred from failed trades. Lime Fx offers three retail trading accounts with a minimum deposit of $50.
You can also use the app to place market, limit, and stop orders, as well as to adjust the exposure of your open trades. Lime Fx’s MT4 platform is available on Windows and Mac and supports 52 languages, including English, French, Spanish, German, Arabic, Chinese, and more. Verification can help ensure real people are writing the reviews you read on Trustpilot. We use dedicated people and clever technology to safeguard our platform. There is no where to withdraw the money.If the system is trading why don’t l see a change in the balance, this must be a bogus thing. To date, 2nd September, this has not been done, and I now doubt if it will be.
The administration supports features such as an economic calendar and a calculator. Educational resources consist of e-books, webinars, podcasts, and tutorial videos. The applicability of these resources is debatable, as much of the information provided is general in nature. Lime Fx offers access to currency pairs, indices, commodities, futures, and stocks. And if traders use the limefx forex broker platform recommended by the administration, their trading opportunities will be significantly limited.
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. 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. Although I recorded extremely favorable spreads on Bitcoin, Lime Fx’s spreads on other popular instruments exceeded the industry average during my tests. To balance this, the broker charges a low inactivity fee and does not impose fees on deposits or withdrawals. My tests showed that Lime Fx’s spreads on the Standard account generally exceed the industry average, while its swaps ranged from average to high compared to the benchmark.
A key advantage of trading CFDs is the ability to enter and exit the market almost instantly, enabling traders to capitalize on even minor price fluctuations in the derivative. Contracts for Difference (CFDs) are financial derivative instruments that allow traders to speculate on the price movements of an asset without owning the asset itself. A swap fee is a trader’s cost for holding an open position overnight because of changing interest rates. Swap long refers to the charge deductible or credit receivable for holding a buy position open overnight. In turn, swap short relates to the charges/credits deductible or receivable for holding a selling position open overnight. Hello Badruddeen Jabbour,We are so grateful that you took the time to write this excellent review!
