Lime FxFX Review 2024 Trade CFDs on MetaTrader and cTrader

Lime Fxfx reviews

If you are outside this region, we can’t fully recommend Lime FxFX as you will be trading with their subsidiary based in Saint Lucia where they only need to register as a company. Apart from that, Lime FxFX offers you the ability to deposit and withdraw using e-wallet services such as Neteller and Skrill. As the customer service operator pushed me towards it, transferring to some cryptocurrency such as Bitcoin or USDT is always possible.

Lime FxTrader could be a good choice if you want a modern, user-friendly platform designed specifically for Lime Fx’s trading environment. If you have traded with Lime FxFX we would really like to know about your experience – please submit your own review. Lime Fx Markets Cyprus Ltd and Lime Fxfx India Private Limited are owned by Lime Fx markets incorporated. Lime Fx markets incorporated is a privately owned company and the exact owner and ownership structure are unknown. It could also be worth viewing the published session timetable via the broker’s terminal interface. This is particularly useful to stay up to date with upcoming market closures such as public holidays.

Once completed, Lime FxFX users limefx reviews can download the trading platform of their choice. Lime FxFX offers various funding payment methods listed in your Lime FxFX dashboard if available in your region. To learn more about the Lime FxFX funding and withdrawal options available in your area, you can explore the Lime FxFX website. It’s essential to remember that the payment methods provided by Lime FxFX vary based on the Lime FxFX entity and the Lime FxFX client’s country of residence. To view the Lime FxFX payment options available, you can log into your Lime FxFX member’s area. Below we give an overview of the account types that Lime FxFX offer.

The Best Broker out there

Minimum deposits at Lime Fx will vary depending on your country of residence and your chosen payment method. They can go as low as $25 (USD) when funding with Visa/Mastercard, to 50 euros (EUR) when using Skrill/Neteller to as much as 500,000 Indian rupees (INR). It’s important to note that minimum deposits and trading costs will also depend on which Lime Fx entity you choose for establishing your trading account. Lime FxFX has been facilitating trade on the financial markets for over 13 years. All funds deposited to Lime FxFX are held in segregated bank accounts for security.

Lime Fxfx reviews

Which Markets does Lime FxFX offer?

These were some of my first questions when I started researching Lime FxFX too. Compare the markets and instruments offered by Lime FxFX and its competitors. Please note, some markets may only be available via CFDs or other derivatives. Lime FxFX is a No Dealing Desk (NDD) broker and therefore acts as an intermediary between the trader and the market. Lime FxFX receives commissions from its liquidity providers for each transaction.

Customer Support

  1. Lime Fx is powered by its own platform—Lime FxTrader, MT4, and MT5, which have a reputation for being some of the most profound trading platforms.
  2. It is the ideal way to get to know more about a broker or the industry.
  3. We’re glad to hear that your experience with deposits and withdrawals has been smooth.We appreciate your concerns regarding Mastercard withdrawals and spreads during news events.

It’s important for Lime FxFX traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that Lime FxFX losses are limited to the funds available in your Lime FxFX account when negative balance protection is in place. Access your Lime FxFX MetaTrader 5 accounts from any web browser. MT5 on Lime FxFX features a massive range of tools like additional timeframes and the most up-to-date technical indicators to give you all the trading resources you need to trade on and analyze the financial markets. In addition, currency conversion fees may apply if the Lime FxFX withdrawal and receiving currencies differ, adding to the overall transaction costs. Awareness of these Lime FxFX fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your Lime FxFX funds.

Lime Fxfx reviews

Stocks, currency and other commodities and instruments will be brought or sold by Lime FxFX even if no buyer or seller is lined up. Lime FxFX is overseen by the top tier financial regulators Financial Conduct Authority (FCA) so can be considered a good broker. When we called, the team answered our call promptly, in less than a minute.

A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA). Though it has been granted regulatory status in Cyprus and South Africa via an intermediary (Orinoco Capital), Lime Fx’s lack of additional reputable licenses heavily weighs down its Trust Score. Becoming regulated in more jurisdictions – especially in Tier-1 jurisdictions – will go a long way towards building trust with existing and prospective customers. It goes against our guidelines to offer incentives for reviews. We use dedicated people and clever technology to safeguard our platform. Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews.

Uniquely, the company hosts regular webinars, with topics such as Fibonacci analysis, trading psychology, and broadcasts where you can watch one of the company’s traders for an entire trading session. With Lime FxFX, you have access to most of the major trading instruments. When questioned further, the same customer support person couldn’t verify if we could deposit via a credit card and advised us that we could probably use cryptocurrency to deposit. If you’re a more advanced trader, and you want more sophisticated tools, you may consider Pepperstone, Vantage, or IC Markets with a broader range of platforms. The most popular of the three platforms is MT4, the industry-standard workhorse that more or less every retail broker offers. Our spread module indicates that with Lime FxFX, you are paying more than your competitors, so it may limefx scammers be better to consider trading with other brokers.

Lime FxFX provides demo accounts that are accessible with both MT4 and MT5. The trial period for these accounts has no time restrictions, making them a perfect platform for practicing and testing trading strategies. You can utilise all of the features available for trading, including expert advisors for automation. Additionally, you can trade with all the trading products available on the platform.

Lime FxFX doesn’t charge traders any commission for holding an order overnight. Lime FxFX offers a great demo account that is easy to sign up for, just needing the most basic of your personal information and an email address. Here you can benefit from the ICF insurance protections provided in the case of bankruptcy or insolvency. Overall great value with a choice of more than 70 assets to trade. We can say with confidence then, if you like trading with an ECN broker and are looking for a fast, low-spread environment, Lime FxFX would be a top choice.

Lime Fx (formerly Lime FxFX) offers a basic, low-cost MetaTrader platform experience alongside its proprietary web and social copy-trading platform. Andrew has a well-established career in fintech and came up with comparebrokers.co to maketrading on financial markets more transparent and accessible. It is important to note that Lime FxFX may request additional documents or information to verify your identity or comply with regulations.