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Lime Fx Reviews Read Customer Service Reviews of Lime Fx com
The table shows how much you will have to pay to trade 1 full lot (100,000 units) on the EUR/USD when the pip value of the pair is $10. The broker entity does have comparatively high maximum leverage, but selecting a multiplier is up to the trader. Less experienced traders do not have to go for the maximum and can instead choose a lot more comfortable leverage. Although Lime Fx lacks a proprietary trading platform and its Bermuda-based entity operates without regulation, I rate Lime Fx as a decent broker that caters to the needs of its clients. Lime Fx, a forex and CFD broker, serves over 1.5 million clients worldwide, providing access to more than 500 tradable instruments from various asset classes.
Lime Fx is an award-winning global online trading broker that offers STP/ECN services to retail and institutional investors alike. I found the broker to have rapid trade execution speeds and competitive costs. You can trade a great selection of over 300 financial instruments with a wide variety of account types to choose from, spreads as limefx broker reviews low as 0.0 pips and support in over 30 languages. I think they can be a good choice for beginners as there are plenty of educational resources and free demo accounts so that you can practice trading online.
This organization is misleading there customers
They do offer a Mirror account, but that’s a hedging tool, not a social trading interface. The website Trader’s Dashboard shows the positioning of other clients, updated hourly, but account holders will need to use Metatrader’s limited social functionality to take advantage of the information. The broker’s account diversity is impressive, with a tiered structure that includes floating vs. fixed and commission vs. no commission fee schedules. They round out their services with a variety of professional accounts, introducing broker (IB) branding and a portfolio management program. They recently added cryptocurrency coverage to a broad selection of forex, spot, and CFD trading products.
It’s a pleasure trading with a…
Content covers essential trading topics, such as technical and fundamental analyses, risk management, and trading psychology. Proprietary to Lime Fx, the Market Insights section comprises lengthy and comprehensive takes on current trading opportunities. Articles in this section underpin major economic developments and the underlying factors driving price action. Technical, fundamental, and psychological analyses are implemented to provide a balanced and well-researched picture of current trading opportunities.
Markets & Instruments
- Lime Fx holds a “Trusted” rating with a trust score of 83 according to ForexBrokers.com, indicating a reliable level of trustworthiness in the industry.
- The range of assets at Lime Fx exceeds 500+ trading instruments.
- In addition, tiers apply only to forex, with all account types paying similar spreads and/or commissions when trading CFD or spot instruments.
- Finally, investors benefit from the latest features from Trading Central via the Client Portal as well as from trading widgets including a currency converter, a pip, margin and profit calculator.
- Lime Fx does not offer trading services to residents of certain jurisdictions including USA, Cuba, Sudan, Syria and North Korea.
- The products listed above represent only a partial list of the more than 300 CFDs, futures and other assets that you can trade at Lime Fx.
An extensive website section is devoted to trader education, which makes Lime Fx suitable for beginners. Lime Fx offers two demo accounts, the Demo Floating Spread and the Demo STP/ECN Absolute Zero. The former is fully customizable, while the latter is only available as a USD option with a default balance of $100,000, where traders can select their desired leverage. Lime Fx lists no expiry times, which is great, as all demo traders require unlimited access.
Perhaps, the website is quite poor in terms of information, but it’s not a very serious trouble. There may be fees charged when using certain payment methods but I generally found them to be negligible. Of course, if you are moving large amounts then you might notice more of a difference. Just make sure you check beforehand any costs you will incur. Trading accounts can be opened in a generous range of currencies which are USD, EUR, GBP, AUD, JPY, BTC, PLN and CZK. The various different currency options are beneficial as currency conversion fees do not apply when using an account in your own currency.
The broker is notable for its balanced selection of tradable instruments, including CFD on limefx scam forex pairs, commodities, shares, indices, and futures. Lime Fx offers seven retail account types and typically features low-to-medium cost structures. It also provides a comprehensive range of research and educational materials. Lime Fx lets clients trade multiple markets on an Electronic Communications Network (ECN) and also offers an AutoTrade copy trading platform for social traders.
Note, the broker is planning to introduce MetaTrader 5 (MT5) to its platform offering, which will bring more advanced analysis tools and trading features for experienced traders. Lime Fx was set up in 2010 by a team of finance and software experts. Today, the company employs more than 450 people and has created a solid reputation as a trusted and reliable broker.
If you have at least $250 on your trading account, you can access the bronze package, which I use, and join analysis discussions that are always going on. Plus, this is an excellent tool for exploring other markets than the one you are focused on. Lime Fx is a strong all-round broker with a reliable platform, low fees, high leverage, and a selection of welcome bonuses. Traders can also get started with a $100 minimum deposit while the Lime Fx.com group has good reviews from other users online. Those of us who have been scammed, REPORT it online to FRAUD. The Account Manager they allocated me had a fake identity, computer-generated number, and fake AI voice.
Its platforms and tools receive an average recommendation. Hello Alfred, We’re thrilled to hear that you’re loving our account options! 🤩 We’ve worked hard to provide a range of choices to suit every trader’s style.
I must admit that the commission is not the lowest I have seen, but I also feel that the quality of the broker makes it worthwhile. There is an excellent selection of forex currency pairs (major, minor and exotics) to trade, 24 hours a day, 5 days a week. You can choose your own leverage and have unlimited access to some of the largest liquidity providers through Lime Fx. Lime Fx incorporate advanced order execution with a vast amount of liquidity from liquidity providers (LP’s), low fees and competitive spreads (from just 0 pips) and 24-hour multilingual customer support. They take a customer focused approach and are committed to providing the highest standard of services with full transparency to clients. Each client is treated with the upmost esteem and as a valued partner.
I’m a trader who has an average amount…
Traders should also consider potential third-party processing costs and currency conversion fees. Only verified trading accounts can deposit and withdraw, and the name on the payment processor must match the Lime Fx account name. Some payment processors have geographic restrictions, but the Lime Fx back office will only list the ones available to traders. All this together makes trading on company’s platform profitable and efficient.I trade currency pairs. At the same time, I trade major, minor and even exotics.With such leverage I can use small part of the margin.And thanks to tight spreads, my trading is always efficient. The primary difference between live floating/live fixed trading accounts and the ECN/STP model is market execution.
They are very well educated and don’t want to be only able to trade forex products. They want good connection, innovative and dynamic platforms. Lime Fx fits the description to be able to a good choice for them.I have been trading here for over a month and I found it very fast, secure, and innovative.
Compared to the broader industry, Lime Fx offers an above-average number of FX pairs, commodities, and indices. These afford traders access to multiple markets with varying degrees of underlying volatility. As a high-frequency trader, I have always looked for precision and efficiency in a platform. There is a limited capacity to scale price action up and down in order to gain a sense of the prevailing market sentiment.
Pretty standard for the industry, the economic calendar is a tool used by traders to inform themselves about upcoming economic releases and other major events that can create viable trading opportunities. You can use the filters of the calendar to search for events depending on their expected market impact. Contracts for difference (CFDs) are derivatives used to speculate on the price of the underlying without physical delivery. For example, a long position on gold would generate a profit as the price rises or incur a loss as it falls. This is achieved without having to purchase actual bars of gold.
